Who gave the surplus value theory of wage ?
Who gave the systems approach to industrial relations ?
As per the Income Tax Act, 1961 for the assessment year 2015-16, a deduction u/s 80 QQB for authors of books of literacy, artistic or scientific nature is allowed upto
The statutory limit for deduction u/s 80 GG of Income tax Act, 1961, for the assessment year 2015-16 is
Answer: ` 2,000 per month
Which of the following factor is not directly responsible for slowing down the growth of infrastructure ?
Answer: Introduction of competition in all sectors.
Out of the following which is not a major component of Gross Domestic Product (GDP) ?
Answer: Net Personal Income
Which of the following is not a forum of Consumer Dispute Redressal System ?
Which of the following is a deferred revenue expenditure ?
Answer: Expenses on a mega advertisement campaign while launching a new product
The amount of depreciation charged to Profit and Loss Account varies every year under :
Answer: Diminishing balance method
Ordinal utility analysis of the consumer’s behaviour is considered superior to the cardinal utility analysis mainly due to
Answer: bifurcation of price effects into income and substitution effects.
Monopoly is not considered desirable from the point of view of the society mainly because the monopolist endeavours to
Answer: produce below economic capacity level when he exhibits satisfaction with normal profit only.
When the data are classified only on the basis of descriptive characteristics which cannot be quantified is known as
Answer: Qualitative classification
Which one of the following is a false description ?
Answer: Coefficient of variation is an absolute measure of dispersion.
Which type of differentiation is used to gain competitive advantage through the way a firm designs its distribution coverage, expertise and performance ?
Answer: Channel differentiation
Which one of the following is the most likely result of a marketing strategy that attempts to serve all potential customers ?
Answer: Not all customers will be satisfied.
Take Mock Tests