Originally posted by : Dixit Shah
I would like to know What are the Changes ( if any )applicable to May 2013 exams in Advance Accounts - Paper V.
Please if any one can guide me , its will be my pleasure.
Hoping for a quick reply.
1) Chapter of “Electricity Company” has been re-written based on the provisions of the Electricity Act, 2003. This is applicable from May 2013 exams. Earlier chapter was as per Electricity Supply Act, 1948.
2) Banking Chapter:
Cash Reserve Ratio = 4.25%, Statutory Liquidity Ratio = 23%