Q. Chinese embassy in India is a part of economic territory of: China India Both China and India International area Answer: China
Chinese embassy in India is a part of economic territory of Read More »
Q. Given GDP at mp = 100, subsidies = 5 and depreciation = 10, then NDP at fc equals : 95 100 105 115 Answer: 95
Given GDP at mp = 100, subsidies = 5 and depreciation = 10, then NDP at fc equals Read More »
Q. Economic territory of a country is also called : Geographical territory Political frontiers Domestic territory All the above Answer: Domestic territory
Q. A ‘resident’ of a country is one : Who was born in that country Who lives in that country Who is citizen of that country Who lives, earns, spends and accumulates in that country Answer: Who lives, earns, spends and accumulates in that country
Q. Economics territory is one in which the following move freely : People Goods Capital All the above Answer: All the above
Economics territory is one in which the following move freely Read More »
Q. A firm hires the services of a chartered accountant and pays fees. For the firm, payment of fess is:- Final expenditure Intermediate expenditure Investment expenditure Capital expenditure Answer: Intermediate expenditure
Q. Capital loss is:- Normal wear and tear of fixed capital goods Foreseen obsolescence Unforseen obsolescence All the above Answer: Unforseen obsolescence
Q. Food Items purchased by a production unit are Single-use consumer goods Durable use consumer goods Single-use Capital goods Durable use capital goods Answer: Single-use Capital goods
Q. Purchase of refrigerator by a restaurant is:- Consumption expenditure on durable good Consumption expenditure on non-durable good Intermediate expenditure Final expenditure Answer: Final expenditure
Q. Fixed capital at the end of the year 2013 was ₹ 50 crore and at the end of the year 2014 ₹ 55 crore. Closing stock at the end of year 2013 and 2014 was respectively ₹ 10 crore and ₹ 5 crore respectively. Gross investment during 2014 is :- 0 5 10 15
