Q. A quantity measured per unit of time period is known as: stock variable flow variable inventory None of these Answer: flow variable
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Q. Income of the family is the example of which variable? Stock Flow Both stock and flow Neither stock nor flow Answer: Flow
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Q. Depreciation reserve fund is needed for: inventory stock advertisement replacement investment None of these Answer: replacement investment
Q. A stock variable has no time dimension is a static concept both 1 and 2 None of these Answer: both 1 and 2
Q. Which of the following is the cause of expected obsolescence? Natural calamities Change in demand Change in technology Both 2 and 3 Answer: Both 2 and 3
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Q. Increase in the stock of capital is known as: capital loss capital gain capital formation None of these Answer: capital formation
Q. Which of the following leads to depreciation? Normal wear and tear Damages due to floods Damages due to market crash None of these Answer: Normal wear and tear
Q. Which of the following leads to unexpected obsolescence? change in demand Natural calamities change in technology None of these Answer: Natural calamities
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Q. Net capital formation causes: increase in production capacity increase in depreciation increase in profits increase in cost Answer: increase in production capacity
Q. Net investment is equal to: gross investment + depreciation gross investment – depreciation gross investment * depreciation gross investment / depreciation Answer: gross investment – depreciation
