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Commerce Economics Difficulty: Medium

While calculating which mean the next year's value is included but the previous value is not omitted? Under Quantity Theory of Money, which one of the following equations was given by Fisher? 'Object Clause' of the Memorandum of Association can be altered by Indicate the incorrect statement (i) Credit risk is a loss on account of a default of repayment of a loan. (ii) Liquidity risk is the risk on account of the mismatches of cash inflow and outflow in a firm. (iii) Basic risk is the risk in a firm owing to the differences in the index to which financial assets and liabilities are tied up. (iv) Hedging risk for a long position is accomplished by taking a short position and vice versa. Difference between customers evaluation including all costs incurred and benefit is called