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Cost Accounting

The average _________ and output have inverse functional relationship.

» Fundamentals of Economics solved MCQs /
Question:

The average _________ and output have inverse functional relationship.

A.

fixed cost

B.

variable cost

C.

marginal cost

D.

total cost

Answer» a. fixed cost

Note: The above multiple-choice question is for all general and Competitive Exams in India. 

The average _________ and output have inverse functional relationship. Read More »

» Fundamentals of Economics solved MCQs

Which one of the following is NOT the advantage of Preventive Maintenance?

» Operations Management and Strategic Management solved MCQs /
Question:

Which one of the following is NOT the advantage of Preventive Maintenance?

A.

Better product quality

B.

Greater safety to workers

C.

Increased breakdowns and downtime

D.

Fewer large-scale repairs

Answer» c. Increased breakdowns and downtime

Note: The above multiple-choice question is for all general and Competitive Exams in India. 

Which one of the following is NOT the advantage of Preventive Maintenance? Read More »

» Operations Management and Strategic Management solved MCQs

………….. is a situation in which it is not possible to make someone better off without making someone worse off

» Fundamentals of Economics and Management solved MCQs /
Question:

………….. is a situation in which it is not possible to make someone better off without making someone worse off

A.

Social efficiency

B.

Production efficiency

C.

Distribution efficiency

D.

Pareto efficiency

Answer» d. Pareto efficiency

Note: The above multiple-choice question is for all general and Competitive Exams in India. 

………….. is a situation in which it is not possible to make someone better off without making someone worse off Read More »

» Fundamentals of Economics and Management solved MCQs

Anchal purchased a motor car from Kamal who had no title to it. Anchal used the motor car for several months. True owner spotted the motor car and demanded it from Anchal. In such case

» Laws and Ethics solved MCQs /
Question:

Anchal purchased a motor car from Kamal who had no title to it. Anchal used the motor car for several months. True owner spotted the motor car and demanded it from Anchal. In such case

A.

Anchal is bound to hand-over the motor car to true owner.

B.

Anchal is not bound to return the motor car to true owner as she has paid in full settlement to Kamal.

C.

Anchal shall advise true owner to approach Kamal.

D.

True owner has no right to claim either from Anchal or from Kamal.

Answer» a. Anchal is bound to hand-over the motor car to true owner.

Note: The above multiple-choice question is for all general and Competitive Exams in India. 

Anchal purchased a motor car from Kamal who had no title to it. Anchal used the motor car for several months. True owner spotted the motor car and demanded it from Anchal. In such case Read More »

» Laws and Ethics solved MCQs

Occupier of every factory shall provide and maintain suitable room or rooms for the use of the children under the age of six years of women workers where the number of such women workers exceed

» Laws and Ethics solved MCQs /
Question:

Occupier of every factory shall provide and maintain suitable room or rooms for the use of the children under the age of six years of women workers where the number of such women workers exceed

A.

20

B.

50

C.

30

D.

150

Answer» c. 30

Note: The above multiple-choice question is for all general and Competitive Exams in India. 

Occupier of every factory shall provide and maintain suitable room or rooms for the use of the children under the age of six years of women workers where the number of such women workers exceed Read More »

» Laws and Ethics solved MCQs

A sum will be double itself at a simple interest p.a. in 8 years. The simple interest is

» Fundamentals of Business Mathematics solved MCQs /
Question:

A sum will be double itself at a simple interest p.a. in 8 years. The simple interest is

A.

10%

B.

10.5%

C.

12%

D.

12.5%

Answer» d. 12.5%

Note: The above multiple-choice question is for all general and Competitive Exams in India. 

A sum will be double itself at a simple interest p.a. in 8 years. The simple interest is Read More »

» Fundamentals of Business Mathematics solved MCQs

In agricultural sector net value added is estimated by

» Fundamentals of Economics and Management solved MCQs /
Question:

In agricultural sector net value added is estimated by

A.

Income method

B.

Expenditure method

C.

Production method

D.

All the three

Answer» c. Production method

Note: The above multiple-choice question is for all general and Competitive Exams in India. 

In agricultural sector net value added is estimated by Read More »

» Fundamentals of Economics and Management solved MCQs