Accrued income ---

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Accrued income ---

AIncome

BExpense

CAsset

DLiability

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Find out the correct Statement:

Statement I: Under PMFBY (Pradhan Mantri Fasal Beema Yojana) scheme, insurance Coverage and financial support is available to the farmers in the event of failure of any of the notified crop as a result of natural calamities, pests & diseases.
Statement II : Under PMFBY Scheme, if the insured farmers incur any loss in respect of the insured crop due to adverse weather conditions, such farmers are eligible for claims up to a maximum of 25% of the expenses incurred for cultivation.

Which among the above statement (s) is / are incorrect?

Section 28 of the KCS act deals with Managing Committee of Cooperative Society
The team of office of Managing Committee of Cooperative Society, 5 years from the date of taking charge.
In case of new Society, the members signing the application for registration of Co-operative Society are eligible to appoint a committee for a period of 6 months.
Government or Registrar may nominate all or any of the members of the first Committee including the president or Chairman for a period of not exceeding 12 months.