41.
Assertion (A): The financial statements prepared on a historical cost basis, results in an erosion of capital in the long run.
Reason (R): Maintaining the books of accounts as per the current purchasing power technique only may contain the inflationary pressure.
Which is the correct statement?

43.
What is the popular term used for a type of option in Foreign Exchange Market which provides the holder with the right to purchase or sell foreign currency at the most favourable exchange rate realized over the life of the option?

44.
Which of the following refers to cash inflow under the payback period method?

45.
In the Fiat system

47.
Which of the following are key characteristics of ordinary shares in limited companies?

48.
Which of the following statement is/are correct?

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