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Payment based on Architect’s Certificate – If the contracts are small, full payment is usually made on the completion of the contract. But in case of large contracts, usually a system of progress payments is followed in which part payments of the contract amount are paid from time to time on the basis of the certificates issued by the architects, certifying the value of the work satisfactorily completed. Such payments are not entered in the contract account, rather are credited to the personal account of the contractee.
Scheduled commercial banks (SCBs) reported a robust credit growth of how much percent in FY23 against 9.7 per cent in FY22?
India received a total FDI inflow of US$70.97 billion in FY 2023, which includes equity inflows, reinvested earnings, and other capital sources. Who are...
Who issued guidelines for the microfinance institutions in India?
What is the term for the process of seeking suitable candidates for job positions and encouraging them to apply?
Consider the following statements about the Constitution of India.
1. Article 41- Right to work, to education and to public assistance in certain...
Under Pradhan Mantri Kisan Maandhan Yojana the farmers would receive a minimum assured pension of Rs ____ per month after attaining the age of 60 years ...
Arrange the following events in chronological order:
I. Kalinga War
II. Accession of Bindusar
III. Shunga Dynasty
Which of the following places is known as the “City of Peace and Justice”?
Identify the dam that is located in South India.
Which Central Administrative Tribunal belongs to the Ministry?