Question
What is the objective of the "Smart Gram Panchayat"
pilot project launched by Union Minister Giriraj Singh?Solution
• Union Minister of Rural Development and Panchayati Raj Giriraj Singh inaugurated a landmark initiative at Paprour Gram Panchayat under Barauni Block of Begusarai District, signalling a significant leap towards digital empowerment in Grameen Bharat (rural India). • The pilot project titled ‘Smart Gram Panchayat: Revolution towards Digitization of Gram Panchayat’ was launched with the aim to extend PM-WANI (Prime Minister’s Wi-Fi Access Network Interface) Service in all Gram Panchayats across Begusarai District in Bihar. • Begusarai has now become the first District in Bihar to equip all Gram Panchayats with Wi-Fi services under the PM-WANI Scheme.
A company has a Current Ratio of 2.5:1 and Liquid Ratio of 1.5:1. If its Current Liabilities are ₹4,00,000, the value of Inventory will be:
Company A has a current ratio of 1.2:1 and quick ratio of 0.9:1. It also has significant inventory holding. What does this indicate about the company’...
Which statement is incorrect in the context of comparative financial analysis?
A company has Net Sales of ₹1,000 lakhs, Net Profit of ₹80 lakhs, Total Assets of ₹750 lakhs, and Equity of ₹250 lakhs.
Calculate Return ...
The acid-test (quick) ratio excludes:
A company has the following balances on its Balance Sheet:
• Cash & Bank Balances: ₹2 crore
• Trade Receivables: ₹4 crore
�...
Sales = ₹200 lakhs, Variable cost = ₹120 lakhs, Fixed cost = ₹30 lakhs
Interest = ₹10 lakhs
Calculate (i) Operating Leverage and (...
XYZ Ltd. has the following details: Equity Share Capital = ₹50 lakhs, Reserves = ₹20 lakhs, Long-term Debt = ₹30 lakhs. EBIT for the year is ₹18...
The preparation of a trial balance is for:
A company’s debt-to-equity ratio increases from 1.5 to 2.5 over the year. What can be a likely interpretation?