Question
The President can proclaim emergency on the written
advice of theSolution
Article 352(3) provides, “The President shall not issue a Proclamation under clause (I) or a Proclamation varying such Proclamation unless the decision of the Union Cabinet (that is to say, the Council consisting of the Prime Minister and other Ministers of Cabinet rank under Article 75) that such a Proclamation may be issued has been communicated to him in writing.”
Wh ich of the following best describes "Drawing Power" in context to a Cash Credit facility given by a bank ?
For the financial year ended 31st March 2023, the figures extracted from the balance sheet of ABC Ltd. are as under:
Opening stock 29,000 Closing...
In the CAMELS approach of risk assessment used for evaluating financial institutions, what does the letter ‘C’ stand for?
Opening Stock ₹ 17,000
Purchases ₹ 61,400
Direct Expenses �...
Financial statements of a company should be prepared as per ________ and they should give true and fair view.
What is the term used to describe the rate of return earned by an investor who purchases a bond and holds it until it matures?
Company signs a ₹12 crore contract to deliver a software + annual maintenance for 3 years. Software is delivered in year 1 (₹8 Cr value), rest alloc...
A company purchases 1000 bonds of ₹100 each at ₹95 cum-interest, and the interest rate is 8% payable, annually. How much accrued interest is include...
An arrangement between two insurance companies whereby one transfer is a part of risk to other company is called?
All the following state taxes have subsumed under the GST EXCEPT: