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More Commerce Questions
Which of the following statement is/are correct? 1. When the percentage change in demand is greater than that of price, then demand is relatively inelastic. 2. When the demand remains unchanged at all price variation, it is perfectly inelastic. Select the correct answer
Which of the following incomes are exempt from tax? 1. Dividend received from foreign company. 2. Agricultural income. 3. Income received by a foreigner in outside India. 4. Capital gain income. 5. Dividend received from Indian company. 6. Rental income of house property.
Capital employed in a business is Rs. 1,50,000. Profits are Rs. 50,000 and the normal rate of profit is 20%. The amount of goodwill by capitalisation method will be:
The main drawback of functional organisation developed by Taylor is that it falls to recognise the 1. scalar principle 2. principle of equity 3. principle of unity of command 4. principle of Espirit de Corps Which of the following statements are true/false?
Match the following. List-I List-II a. Convexity of the indifference curve to origin 1. Indifference curve analysis b. Quantity of certain goods sacrificed for a large quantity of other goods 2. Consumer's equilibrium c. Equality of the ratio of the marginal utilities with that of the prices of the two goods 3. Substitutability/Complementarity of the two goods d. Separation of substitution and income effects from the total price effect 4. Marginal rate of substitution