Question
Which committee recommended the inclusion of fundamental
duties in the Indian Constitution?Solution
The Swaran Singh Committee, appointed in 1976, recommended the inclusion of fundamental duties in the Indian Constitution, which were incorporated through the 42nd Amendment Act of 1976.
A company is evaluating two mutually exclusive projects, A and B, both requiring an initial investment of ₹1,50,00,000. The cost of capital is 10%. Th...
Project A has an initial outflow of ₹2,00,000 and annual cash inflows of ₹70,000 for 5 years. What is the Payback Period?
Raman Ltd. is evaluating a new machine costing ₹60 lakhs with a useful life of 5 years. The expected annual operating cash inflows (after-tax) are ₹...
Renting of immovable property is
If two mutually exclusive projects have conflicting rankings under NPV and IRR, which method should be preferred?
Company considers leasing equipment (annual lease ₹12 lakh for 5 years) vs buying at ₹45 lakh financed at 10% loan. Tax rate = 30%. Equipment deprec...
A firm is considering replacing its old machine with a new one.
Old machine: Book value = ₹8L, Salvage = ₹2L
New machine: Cost = ₹20...
A firm is considering replacing its old machine with a new one.
Old machine: Book value = ₹8L, Salvage = ₹2L
New machine: Cost = ₹20...
As per Schedule in of the Companies Act, 2013, a Company shall disclose by way of notes additional information regarding aggregate expenditure and incom...
Profitability Index less than 1 indicates:
Relevant for Exams:
