Question
During which months do retreating monsoons occur in
India?Solution
The retreating monsoons, also known as the northeast monsoons, occur in India during the months of October and November . This period marks the transition from the rainy season to the winter season and is characterized by the withdrawal of the southwest monsoon winds and the onset of northeast trade winds. The retreating monsoon season brings rain to the southeastern coast of India, particularly in the states of Tamil Nadu and Andhra Pradesh.
The format of the Financial Statement of a company is prescribed in:
If a government grant is received but later becomes refundable, how should it be accounted?Â
With respect to AS 12 (Accounting for Government grants), which of the following statement is incorrect?
Which term refers to the specific rate of interest carried by a bond?
The rate of TDS for Rent of Land and Building, Land appurtenant to a building is:
Which of the following is regarded as cash flow from financing activity?
On 1st Jan, X Ltd. purchased machinery from USA for $50,000 when exchange rate was ₹75/$ = ₹37,50,000. At balance sheet date (31st March), rate = �...
In relation to Employee Stock Option Plans, which of the following statements are correct?
(i) Employee Stock Option Plans are increasingly being...
What will be the Net Working Capital (NWC) of a company if its Current Ratio = 1?
Under the proposed Expected Credit Loss (ECL) framework, how are banks required to classify applicable financial assets on the basis of changes in credi...
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