Question
If the money supply grows 5 per cent, and real output
grows 2 per cent, prices should rise bySolution
If money supply grows by 5%, real output by 2% then price rises by less than 5%. MV = PY
Capital budgeting is done for _________.
An insurance company issues a one-year policy for ₹1,00,000 sum assured. Expected mortality rate = 0.001, expenses ₹50 per policy, risk-free discoun...
This kind of audit is conducted generally between two annual audit ______.
With respect to self-balancing ledgers, which of the statement is incorrect?
A firm has the following details:
• Raw material holding: 25 days
• WIP: 15 days
• Finished goods: 20 days
• Receiva...
Input 20,000 units; normal loss 10% with scrap value ₹3/unit; actual output 18,300 units. Determine abnormal gain/loss units.
Section 2(88) of the Companies Act, 2013, defines the expression ‘________________’ as such equity shares as are issued by a company to its director...
Which of the following is not an operating system software?
One of the approaches of Working Capital Management, where the company takes a strategy by which it finances all funds requirements with long-term funds...
Which section of the Income Tax Act, 1961, allows a deduction of interest paid on loan taken for purchase of an electric vehicle?