Cost Accounting

________ refers to the market situations whether there is one seller and there is not closesubstitute to the commodity sold by the seller.

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Question:

________ refers to the market situations whether there is one seller and there is not closesubstitute to the commodity sold by the seller.

A.

Perfect Competition

B.

Monopoly

C.

Oligopoly

D.

Monopolistic Competition

Answer» b. Monopoly

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

Withdrawal from PF may be allowed for –

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Question:

Withdrawal from PF may be allowed for –

A.

Marriage of the employer

B.

Post matriculation education of children

C.

For the purchase of a dwelling place

D.

For illness in certain cases.

Answer» c. For the purchase of a dwelling place

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

Holders of public office should take decision solely in terms of the public interest. This principle of public life is called

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Question:

Holders of public office should take decision solely in terms of the public interest. This principle of public life is called

A.

Integrity

B.

Accountability

C.

Honesty

D.

Selflessness

Answer» d. Selflessness

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

Under Employee‘s State Insurance Act, in order to qualify for sickness benefit, theinsured worker is required to contribute for

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Question:

Under Employee‘s State Insurance Act, in order to qualify for sickness benefit, theinsured worker is required to contribute for

A.

70 days in a contribution period of 6 months.

B.

78 days in a contribution period of 3 months.

C.

91 days in a contribution period of 3 months.

D.

78 days in a contribution period of 6 months.

Answer» d. 78 days in a contribution period of 6 months.

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