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Commerce Economics Difficulty: Medium

Every factor of production gets rewarded equal to its

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Which of the following is not an alteration of capital? Indicate the correct statement as regards the sources of funds for a Funds Flow Statement from the following: i. Increase in working capital ii. Decrease in working capital iii. Writing off the intangible/fictitious assets iv. Issuing equity shares for acquisition of a building for office v. Charging depreciation on fixed assets Which of the following is a liability of a bank? Which of the following organizations is the Mutual Fund market regulator in India? What does 'Hierarchy of Authority' means? 1. The lower levels have to pursue the goals laid down by higher levels. 2. The upper levels of hierarchy set the goals to be pursued. 3. The upper level can not take disciplinary action against subordinates. 4. The lower levels have freedom to carry out the operations. Select the correct answer: