Consider the following statements regarding Minimum Support Price (MSP):
1. The MSPs are announced during harvesting season for certain crops based on the recommendations of the Commission for Agricultural Costs and Prices (CACP).
2. The MSPs are fixed at incentive levels to induce more investment by farmers in the farm sector.
Which of the statements given above is/are correct?
Minimum Support Price (MSP) is a form of market intervention by the Government of India to insure agricultural producers against any sharp fall in farm prices —a guaranteed price to save farmers from distress sales. The MSPs are announced at the beginning of the sowing season for certain crops based on the recommendations of the Commission for Agricultural Costs and Prices (CACP, 1985).
Which is not a continuous audit technique?
Interest payable by a non-corporate assessee for deferment of advance tax is
A person shall be eligible for appointment as an auditor of a company only if he is a _______________
ICDS II deals with which of the following aspect?
Balance as per pass book is Rs. 50,000/-. Rs 5,000/- were directly deposited by a customer into the bank. Then the balance as per cash book is:
A cheque is received from a creditor and paid into the bank on the same day. How will this transaction be recorded in the cashbook?
The arrangement of assets and liabilities in accordance with a particular order is known as of balance sheet.
Voucher relates to _________.
What does SAP stand for?
The _________ generation used integrated circuits.