Page 16 - IC46 addendum
P. 16
General Insurance Accounts (IC-46)
c. All commercial, industrial enterprises whose
turnover during previous year exceeds 50
crores.
d. All commercial, industrial enterprises whose
total borrowings including public deposits
during previous year exceeds 10 crores.
e. All above.
18. Which of the enterprises comes under
level II as per compliance of accounting
standards:
a. All commercial, industrial and other business
enterprises total turnover during the previous
year exceeds Rs. 40 lakhs but within Rs.50
crores.
b. All commercial, industrial and other business
enterprises whose total borrowings including
public deposits during the previous year
exceeds Rs. 1 crore but within 10 crore.
c. Holding a subsidiary company of the above
enterprises anytime during the year.
d. All above.
19. Which of the enterprises comes under
level III as per compliance of accounting
standards:
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