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Mr. A obtains new registration, voluntary registration, change of scheme from composition to regular scheme and from exempted goods/services to taxable goods/services. He can avail credit on inputs lying in stock. What is the time limit for taking said credit?
Answer: Option 1 Let'
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Directions : In each of the following questions a statement is given, followed by three conclusions. Give answer : Statement : The Government of India has set up one-stop facilitation counters manned by trained staff for attending to various needs of the foreign tourists at all the international airports. Assumptions : I. There is adequate trained staff available to man these counters in shifts. II. The services provided by these counters will help boosting inflow of foreign tourists. III. Majority of the foreign tourists need variety of services when they reach India.?
Answer: Option 4 Since the Government has already set up such counters, it implies that they have adequate staff to handle the same. So, I is implicit. Besides, such counters...
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________ is the study of how individuals, groups, and organizations select, buy, use, and dispose of goods, services, ideas, or experiences to satisfy their needs and wants.?
Answer: Option 4 Consumer behavior is the study of how individuals, groups, and organizations select, buy, use, and dispose of goods, services, ideas, or experiences to satisfy their needs and...
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What refers to the residual value of a company’s assets after all outside liabilities (shareholders excluded) have been allowed for?
Answer: Option 2 Let'
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What refers to the goods and services that are required to support human life, needs and activities?
Answer: Option 4 Let'
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Whether credit can be availed without actual receipt of goods where goods are transferred through transfer of document of title before or during the movement of goods?
Answer: Option 3 Let'
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Directions : Following question consists of a statement followed by four arguments I, II, III and IV. You have to decide which of the arguments is a STRONG arguments and which is a WEAK Argument. Statement : Should all the management institutes in the country be brought under government control Arguments : I. No. The government does not have adequate resources to run such institutes effectively. II. No. Each institute should be given freedom to function on its own. III. Yes. This will enable to have standardized education for all the students. IV. Yes. Only then the quality of education would be improved.?
Answer: Option 1 Clearly, the government can pool up resources to run such institutes, if that can benefit the citizens. So, I does not hold strong. II does not provide...
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Directions : Following question consists of a statement followed by four arguments I, II, III and IV. You have to decide which of the arguments is a STRONG arguments and which is a WEAK Argument. Statement : Should all those who are convicted for heinous crimes like murder or rape, beyond all reasonable doubts be given capital punishment or death penalty Arguments : I. No. The death penalty should be given only in very rare and exceptional cases. II. Yes. This is the only way to punish such people who take others' lives or indulge in inhuman activities. III. Yes. Such severe punishments only will make people refrain from such heinous acts and the society will be safer. IV. No. Those who are repentant for the crime they committed should be given a chance to improve and lead a normal life.?
Answer: Option 3 Clearly, a person committing a heinous crime like murder or rape should be so punished as to set an example for others not to attempt such acts...
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Statement : The air and rail services have been severely disrupted due to thick fog in the northern part of the country. Courses of Action : I. The rail and air services should be temporarily suspended in the region. II. People should be advised to make their travel plan keeping in mind the probable disruption resulting in delay or cancellation of services. III. The government should immediately install modern machines which will enable it to guide the rail and air services even if the thick fog develops.?
Answer: Option 4 Keeping in mind the safety and convenience of passengers, both I and II follow. III clearly suggests a remedy to the problem and hence it also follows.
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The Acme Corporation is implementing dial-up services to enable remote-office employees to connect to the local network. The company uses multiple routed protocols, needs authentication of users connecting to the network, and since some calls will be long distance, needs callback support. Which of the following protocols is the best choice for these remote services?
Answer: Option 4 PPP is your only option, as HDLC and Frame Relay do not support these types of business requirements. PPP provides dynamic addressing, authentication using PAP or CHAP,...
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