Question
NABARD is entrusted with the task of acting as the
National Implementing Agency (NIE) of which of the following funds?Solution
NABARD acts as the National Implementing Agency (NIE) for the Adaptation Fund of the United Nations Framework Convention on Climate Change (UNFCCC).
Under Accounting Standard 5 on Net Profit or Loss for the period, prior period items and changes in accounting policies must be disclosed separately. Wh...
Parent Ltd. acquires 75% of Subsidiary Ltd. on 1 July 2024. Subsidiary’s profit for the year ended 31 March 2025 is ₹16,00,000, earned evenly. Calcu...
The government is considering the increase in FDI limit and easing FDI regulations in insurance. What is the current FDI limit in insurance sector in I...
Net profit before tax = Rs. 8,00,000. Depreciation = Rs. 1,50,000. Increase in debtors = Rs. 80,000. Increase in creditors = Rs. 60,000. Income tax paid...
The accounting principle that states that only those transactions which can be expressed in monetary terms should be recorded in the books of accounts i...
Which of the following is NOT a leature of budgetary control?
Which of the following instrument is subject to counter party risk?
What is the maximum amount of income to be exempted from income tax for a person whose age is 81 years old, as per assessment year 2025-26 (old tax regi...
Which of the following statement is correct?
The Audit undertaken to check the implications of the top management decisions, having a financial bearing is otherwise known as:
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