Question
What is the percent (%) share of the states funded by
Pradhan Mantri Krishi Sinchayee Yojana?Solution
The scheme is funded 60% from the Central Government and 40% from the State. For North East and Himalayan States, the cost share is 90: 10 from the Centre and State. And for the union territories, the programme is funded 100% by the Central Government.
SA 700 guides auditors on forming an opinion and reporting on financial statements. When an unmodified opinion is given, the report must include a secti...
One of the approaches of Working Capital Management, where the company takes a strategy by which it finances all funds requirements with long-term funds...
Which accounting method is used for long-duration insurance contracts under IND AS 104?
In case a company considers a discounting factor higher than the cost of capital for arriving at present values, the present values of cash inflows will...
A company produces 10,000 units of a product. The fixed cost is ₹2,00,000, variable cost per unit is ₹40, and the selling price is ₹70 per unit. I...
Under the CGTMSE (Credit Guarantee Fund Trust for Micro and Small Enterprises) scheme, which of the following would be treated as primary security for a...
Which section deals with TDS on cash withdrawals?
A software company enters into a ₹10 lakh contract including installation and training. Installation is ₹8 lakh and training ₹2 lakh. Installation...
Under SA 240, the auditor’s responsibility relates to identifying and assessing risks of material misstatement due to fraud. If a whistleblower inform...
Determining the present value of a future amount in financial sense is known as:
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