Question
How many years is the maximum total period, including
extensions, for which a Director of Enforcement can hold office according to the provisions of section 25 of the Central Vigilance Commission Act?Solution
Section 25. Appointments, etc., of officers of Directorate of Enforcement: Notwithstanding anything contained in the Foreign Exchange Management Act, 1999 or any other law for the time being in force:Â (d) a Director of Enforcement shall continue to hold office for a period of not less than two years from the date on which he assumes office; Provided that the period for which the Director of Enforcement holds the office on his initial appointment may, in public interest, on the recommendation of the Committee under clause (a) and for the reasons to be recorded in writing, be extended up to one year at a time: Provided further that no such extension shall be granted after the completion of a period of five years in total including the period mentioned in the initial appointment.
The ratio that measures the efficiency with which a firm utilizes its assets to generate sales is:
The sale of an old vehicle for ₹2,00,000 (book value ₹2,50,000) will be reported in the cash flow statement as:
Based on the below information, calculate the net cash flow of the company from operating activities?Â
Net Profit = ₹1,80,000Â
Depreci...
If cash inflow from operations is ₹12 lakh, investing cash outflow is ₹5 lakh, and financing inflow is ₹3 lakh, what is net cash flow?
The ratio of a firm’s property, plant, and equipment, net of accumulated depreciation, to its annual depreciation expense is an estimate of:
Calculate the EBIT of the company given the following details:
Sales: ₹20,00,000Â
Cost of Goods Sold: ₹14,00,000Â
Operating E...
Which of the following is not a source of funds for a company?
GB Ltd is preparing its Cash Flow Statement. Which of the following will be recorded under the investing activity?
Given: Net Profit ₹4,00,000; Tax Rate 30%; Equity Share Capital ₹10,00,000 (Face Value ₹10). The Return on Equity (ROE) is:
A company took a term loan of Rs.50 lakh from the bank in December 2025. If the loan has to be repaid in 5 equal yearly instalments starting from Decemb...