Under Payment of wages Act, 1963, in any factory, in which 1200 persons are employed, wages must be paid

Question:

Under Payment of wages Act, 1963, in any factory, in which 1200 persons are employed, wages must be paid

A.

any time

B.

before the expiry of 10th day of the following month

C.

before the close of the month

D.

before the expiry of 7th day of the following month

Answer» b. before the expiry of 10th day of the following month

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

Which of the following statement is true

Question:

Which of the following statement is true

A.

Monopolist are price takers

B.

Monopoly firm earn abnormal profits

C.

A Monopoly firm faces straight demand line

D.

Supply curve of a monopoly firm is positive sloped

Answer» a. Monopolist are price takers

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

One of the requirements of Aggregate Planning is:

Question:

One of the requirements of Aggregate Planning is:

A.

Both output and sales should be expressed in a logical overall unit of measuring

B.

Appropriate time period

C.

List of all resources available

D.

List of operations required.

Answer» a. Both output and sales should be expressed in a logical overall unit of measuring

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

A partner must give a public notice of his retirement from the firm in order absolve himself from the liability for the acts of the other partners done after his retirement is known as

Question:

A partner must give a public notice of his retirement from the firm in order absolve himself from the liability for the acts of the other partners done after his retirement is known as

A.

Dormant partner

B.

Ostensible partner

C.

Nominal partner

D.

Partner by estoppel

Answer» b. Ostensible partner

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