Question
With reference to the composition of the Legislative
Council in a state of India, which of the following statement/s is/are correct? I) In the Legislative Council there may not be more than one-third members of the total membership of the Legislative Assembly of that state. II) Under Article 171, the Legislative Council of a state must have at least 40 members in it. Select the correct optionsSolution
Under Article 171 of the Constitution, the Legislative Council of a state shall not have more than one-third of the total strength of the State Assembly, and not less than 40 members.
A project costs ₹40 lakh and will generate ₹12 lakh p.a. for 6 years. The required rate of return is 10%. PV factor for 6 years @10% = 4.3553. Calcu...
A company invests in listed equity shares held for trading purposes. As per Ind AS 109, how should these be measured?
Which of the following pair is wrongly matched?
Which portal monitors outstanding dues to MSEs?
If Selling Price is 9 per unit, variable cost is 5 per unit and fixed cost is 100000, what is the Margin of safety in Qty if the budgeted units are 1,00...
What is the primary purpose of GSTR-1 in the GST (Goods and Services Tax) system?
Calculate the number of employees in the beginning and at the end of the year from the following information.
Labor turnover rate = 2%
No....
As per RBI’s income recognition policy, under what condition can banks recognize interest income on advances against Term Deposits, NSCs, KVPs, and li...
Which of the following is not an objective of management accounting?
In whose favour is the Doctrine of Indoor Management?