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If the government had funds, why would it levy education cess in the first place? Thus, Assumption I is implicit in the statement. What the citizens of India want or do not want, cannot in any way be implied from the statement. Thus, Assumption II is not valid. Hence, the correct answer is (A).
For which of the following has the Risk-Based Internal Audit (RBIA) system been mandated by RBI?
Risk and rewards are transferred in _______ and not in _______.
Financial leverage means
What is the growth forecast for India's GDP in FY25 according to S&P Global Ratings?
It is a special account that a firm prepares to show the distribution of profits/losses among the partners or shareholders. Name of such account is:
Which of the following in incorrect regarding Kanban?
Which of the following is not a Pillar concept of Basel accords?
What recent amendment has the government made to the foreign direct investment (FDI) policy in the space sector?
In the context of documentary credit, which of the following is typically considered a "compliant document"?
Under the RBI’s guidelines, what is the maximum exposure to an individual borrower for UCBs with Tier 1 capital?