Question
ABD Limited received 5,90,000 as premium on new policies
and 1,20,000 as renewal premium. The company received 90,000 towards reinsurance accepted and paid 70,000 towards reinsurance ceded. How much will be credited to Revenue Account towards premium?Solution
Suppose your data produces the regression result y = 10 +3x. Scale y by multiplying observations by 0.9 and do not scale x. The new intercept and slope ...
Balance of Trade is measured as:
GDPf = Gross Domestic Product at Factor Cost; GDPm = Gross Domestic Product at Market Price; NNPf = Net National Product at Factor Cost; C = Consumption...
What is the value of elasticity of substitution in case of complements?
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Which of the following is/are included while calculating the national income using the income method?
(1) Wages and salaries in cash
...
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In a multiple regression model, the Durbin-Watson test statistic is 1.3, while the critical lower and upper values are 1.5 and 1.7 respectively. This im...
Which of the following is NOT a correct statement in the context of National income?
Calculate the F-statistic , given the unrestricted R2 value is 0.60. Number of restricted parameters are 7 and total number of observations a...
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