The 'Minimum Wages Act, 1948' provides for: MCQ with Answer and Explanation
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Question #1
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In the context of PFMS, what does 'Aadhaar Payment Bridge System' (APBS) facilitate?
Correct Answer: Option A
Explanation:
APBS facilitates Direct Benefit Transfers (DBT) by using the Aadhaar number as the central key for routing government subsidies to beneficiaries.
APBS facilitates Direct Benefit Transfers (DBT) by using the Aadhaar number as the central key for routing government subsidies to beneficiaries.
This question belongs to:
Accountancy and Statistics
Accountancy and Book Keeping
Question #2
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Which of the following is a feature of a company as per Companies Act?
Correct Answer: Option B
Explanation:
A company has perpetual succession, separate legal entity, limited liability, and can own property.
A company has perpetual succession, separate legal entity, limited liability, and can own property.
This question belongs to:
Accountancy and Statistics
Accountancy and Book Keeping
Question #3
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In a partnership, 'Profit and Loss Appropriation Account' is a part of:
Correct Answer: Option A
Explanation:
It is prepared after determining net profit to show its distribution among partners.
It is prepared after determining net profit to show its distribution among partners.
This question belongs to:
Accountancy and Statistics
Accountancy and Book Keeping
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