Section 20. Balance of profit how to be utilised: (1) After making provision for bad and doubtful debts, depreciation in assets, provident, superannuation, welfare and other funds, debts due to Government and all other matters for which provision is necessary under any law or which are usually provided for by insurance companies, every acquiring company shall distribute the balance of profit as dividends.
In the framework of monetary policy, central banks employ various tools to manage liquidity and control inflation within the economy. One such tool invo...
In the evolving landscape of financial markets, the structure and governance of stock exchanges have undergone significant changes to improve transparen...
When a company decides to go public by listing its securities, it must navigate a series of regulatory and procedural steps to ensure compliance with th...
What initiative was launched by SIDBI in 2018 to track the current state and expected outlook on the MSME sector?
An account should be treated as 'out of order' if the outstanding balance remains continuously in excess of the sanctioned limit/drawing power for&helli...
Which base year is used for the calculation of GDP in India currently?
In the modern business environment, the concept of Corporate Social Responsibility (CSR) has become a significant aspect of corporate governance. This c...
In the financial markets, the process of dematerializing government securities involves converting physical certificates into electronic form. This proc...
Which of the following is not true about Pradhan Mantri Mudra Yojana?
1. Pradhan Mantri MUDRA Yojana (PMMY) is a scheme launched by the Hon’bl...
