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Contingent Liabilities are not the present liabilities therefore they should not be disclosed as a Balance Sheet Item which shows the Assets and Liabilities as on date. These liabilities become proper liabilities only on the happening of an uncertain future event therefore comes under Notes to accounts.
Assertion (A): India surpassed Japan to become the third-largest metro network in 2022.
Reason (R): India has achieved a milestone of 1000 km ope...
The National Payments Corporation of India (NPCI) announced the launch of an open-source project named __________to simplify the management and use of b...
Who were named the 2023 ITF World Champions by the International Tennis Federation for their outstanding achievements on the tennis court?
Where was India’s first diabetes biobank established?
According to the Finance Ministry, India's net FDI inflows fell by nearly 31% to how many billion dollars in the first ten months of the session 2023-24?
Reliance Industries Ltd (RIL) and the _______ have entered into separate partnerships withNvidia to build AI supercomputers and to bring advanced AI cap...
Which of the following statements about FIDE is correct?
1. FIDE was founded in 1924 in Paris.
2. It has 201 national chess federations as...
The Indian Councils Act of 1909 is popularly known as what?
Which of the following Airports has become the busiest airport in India?