Question
NABARD's Rural Financial Inclusion Survey reported an
increase in savings across households. What percentage of agricultural households reported having savings in 2021-22?Solution
In 2021-22, 71% of agricultural households reported having financial savings, showing better financial inclusion in comparison to non-agricultural households.
Which type of account is specifically designed for the purpose of encouraging savings among minors in India?
X Ltd. forfeits shares for non-payment of final call. These are reissued at a discount. Where is the discount adjusted?
The standard cost of labour for 1 unit is 2 hours at ₹50 per hour. Actual production is 100 units and actual labour cost is ₹11,000 for 200 hours. W...
Which of the following is NOT classified as a financing activity under AS 3?Â
XYZ Ltd. plans to buy back 10% of its paid-up equity capital. It has reserves of ₹20 crore and total debt of ₹80 crore. As per Companies Act and SEB...
XYZ Radiology Centre acquired a new imported X-ray machine for Rs.10,50,000. Octroi paid on the machine was Rs. 5,000. Expenses of setting up and start...
A company records Net Sales of ₹60,00,000, of which 50% are on credit. The opening receivables were ₹2,00,000 and the closing receivables were ₹4,...
What is the minimum number of independent director on board of a listed company?
Once the Prospectus is filed with the Registrar of Companies, it is valid for how many days?
Which IND AS governs accounting for insurance transactions in India?
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