Explanation

All India Muslim League Founded on 30 December 1906 at Dhaka, Bangladesh

It was Founder by Nawab Khwaja Salimullah

Its Headquarters is located in Lucknow

They were Dissolved on 14 August 1947

1^st President of All India Muslim League is Sir Agha Khan

جب 1947 میں مسلم لیگ ختم ہوئی تو یہ تین پارٹیاں بن گئی

1- Muslim League in Pakistan

2- Awami League in Bangladesh

3- Indian Union Muslim League in India

Explanation

Bastille Day is the common name given in English-speaking countries to the national day of France

Bastille Day is celebrated on 14 July each year.

In French, it is formally called the Fête nationale française; legally it is known as le 14 juillet

Celebrations: Military parades, fireworks, concerts, balls

Explanation

Junk bonds are suitable for investors comfortable with high risk.

For retail investors, these securities can play an important role in their portfolio.

It provided the risk is understood.

Explanation

The term EVA stands for Economic Value Added.

It is a measure of a company's financial performance that calculates the value created beyond the required return on its capital.

Explanation

Deterioration in the management of working capital typically refers to the debtors collection period has increased.

This indicates that the company is taking longer to collect payments from its customers.

It affecting its liquidity and working capital management.

Explanation

A key factor is one which restricts the volume of production.

It is the limiting factor in a business process that determines the maximum output or capacity of production.

Explanation

According to Kurt Lewin, Restraining is not a stage in the change process.

The correct stages are Unfreezing, Changing, and Refreezing.

These stages represent the process of preparing for, implementing, and solidifying changes within an organization.

Explanation

Liquidity ratios determine a company's ability to cover short-term obligations and cash flows.

Solvency ratios are concerned with a longer-term ability to pay ongoing debts.

Explanation

Small items like pencils and pens are written off within a year according to the materiality concept.

This concept allows minor expenses to be immediately recorded rather than capitalized, as their impact on financial statements is negligible.

Explanation

The cost which is to be incurred even when a business unit is closed is a shutdown cost.

The shut down price is the minimum price a business needs to justify remaining in the market in the short run.