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Q. Banks show the provision for income tax under the head ……….

Q. In the case of ………………………. only one of the combining companies survives and the other losses its separate identity.

Q. Bonus issue can be made out of securities premium collected in ‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐‐

Q. Certain assumptions are essential to prepare financial statements.

Q. Net asset value is also called as ___________.

Q. In the case of marine hull insurance, reserve for unexpired risk is to be maintained @....... %of net premium

Q. Buy back of equity shares is a process of capital ……..

Q. Capital Reduction Account is a ………..

Q. Total Number of IFRSs which are notified as of date?

Q. A scheduled bank is required to maintain with RBI --------- at a prescribed percentage of their total time and demand deposit.