Exams

Part XII of the Indian Constitution deals with Elections.

The words "asset" and "liability" are two very common words in accounting. Liabilities are legally binding obligations that are payable to another person or entity. Accounts payable, loans, mortgages, deferred revenue,... come under liabilities.

On December 21, the earth is in an equivalent position on the opposite points in its orbit, So the South pole is tipped towards the sun and North pole away from it resulting in 24 hours of darkness at the North pole, as the sun is overhead on the Tropic of Capricorn. This phenomenon is winter solstice; while on June 21, North pole is tipped towards the Sun but the South pole is tipped away from the sun resulting in 24 hours of darkness on the South Pole, as the sun is overhead on the Tropic of Cancer.This phenomenon is summer solstice; while Aphelion is the position of the earth in its orbit when it is at its distant point from the sun.