Daily GK Quiz Game 499
Test #
499
[
12-Nov-2017
]
1.
Which among the following companies, will be the first to convert their opening balance sheet in compliance with the converged Indian Accounting Standards as a sequel to convergence of Indian Accounting Standards with International Financial Reporting Standards (IFRS) from the year 2011?
a.
Insurance Companies
b.
All scheduled commercial banks and those urban co-operative banks (UCBs) which have a net worth in excess of Rs. 300 Crores
c.
Urban co-operative banks which have a net worth in excess of Rs. 200 Crores but not exceeding Rs. 300 Crores
d.
Urban co-operative banks which have a net worth not exceeding Rs. 200 Crores
e.
Urban co-operative banks which have a net worth not exceeding Rs. 100 Crores
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