Question
What rank and pay do members of the National Commission
for Backward Classes (NCBC) receive?Solution
NCBC members are ranked and compensated on par with a Secretary to the Government of India, reflecting the importance of their role in providing recommendations on the inclusion and exclusion of backward classes.
The life of the business is split into smaller intervals as per which of the following accounting concepts?
An insurer has Net Profit before tax ₹50 lakh, depreciation ₹8 lakh, increase in trade payables ₹5 lakh, decrease in inventory ₹2 lakh, and gain...
As per RBI’s 2025 norms, NBFCs engaged in lending against gold loans must maintain a Capital Adequacy Ratio (CAR) of:
When the liquidation expenses are paid and borne by the transferee company, which of the following entry is made in the books of transferor company?
Short-term capital gains arising from the transfer of equity shares in a company or units of an equity-oriented fund or units of a business trust charg...
U/s 208, it is obligatory for an assessee to pay advance tax where the tax payable is
Which of the following is NOT a money market instrument?
Unearned premium reserve (UPR) at year-end requires time-apportionment for annual policies. For a policy written on 1 Nov with annual premium ₹24,000,...
The primary objective of Business Process Automation (BPA) is to:Â
While calculating equivalent completed/production units, which of the following statement is incorrect?