Consider the following statements about the Mahatma Gandhi National Rural Employment Guarantee Act & Scheme:
1. It guarantees a minimum of 100 days of wage employment to every household.
2. Gram Panchayats are responsible for the identification of projects while Gram Sabhas are responsible for social audit of all the projects.
3. At least one-third of the beneficiaries of the Scheme shall be women who have registered for work under the Scheme.
Which of the statements given above is/are correct?
The Mahatma Gandhi National Rural Employment Guarantee Act (MGNREGA) was enacted in 2005 with the objective of providing employment to rural households and ensuring livelihood security. It guarantees a minimum of 100 days of employment in a financial year to every household in rural areas. The act focuses on providing employment opportunities in agricultural and allied activities, which includes activities like water conservation, afforestation, and rural infrastructure development. It also ensures equal wages for men and women for the same work done. The act has had a positive impact in reducing poverty and improving the standard of living in rural areas.
Which of the following is not a principle of Kaizen Costing?
RST Ltd’s has the following information
Sales = 300000
Cost of Goods Sold = Rs 140000
Pre-Interest Operating Expenses =...
If cost of equity is 15% with weight 1/3 and cost of debt is 10% with weight 2/3, calculate weighted average cost of capital. Rate of tax is 32%?
In which of the following industry, batch costing will be used?
Which of the following do not fall under the scope of Cost Accounting?
In costing, which of the following standards are also known as the past performance standards?
Which of the following is a technique of inventory management?
The process of accounting for cost which begins with the recording of income and expenditure or the bases on which they are calculated and ends with the...
Irrelevant and historical cost is _______
If 8000 units are introduced in a process and normal loss is 5% of input, Closing WIP is 1000 units which is 60% complete and 6600 units are transferred...
