From 1st April 2019 if Net worth is more than or equal to ₹250 crore but less than ₹500 crore it becomes mandatory to apply Ind AS for ..........

CS Executive · Corporate and Management Accounting · PYQS · December 2021
From 1st April 2019 if Net worth is more than or equal to ₹250 crore but less than ₹500 crore it becomes mandatory to apply Ind AS for ..........
(A) NBFC
(B) All Banks
(C) Insurance Companies
(D) Listed Companies

Answer & Explanation:

Correct Answer: Option (A)

Official answer key: (A).

Topics: Ind AS

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