The hypothesis that 'consumption in one period would be a function of income in that period and the rehlrns on savings of the previous period' is given by
A. | Irving Fisher |
B. | Franco Modigliani |
C. | Duesenberry |
D. | Robert Hall |
Option: B Explanation : Click on Discuss to view users comments. |
From the following identify one which is not a property of Indifference curve?
A. | Indifference curves are downward sloping |
B. | Indifference curves are concave to the origin |
C. | Indifference curves are convex to the origin |
D. | Indifference curves do not intersect each other |
Option: B Explanation : Click on Discuss to view users comments. |
Which one of the following statements is true?
A. | Business decisions cannot be taken without a sound knowledge of Macro Economic Theories |
B. | Knowledge of Economic Theory is misleading in making business decisions. |
C. | With the help of Economic Theories, it is always possible to predict the future accurately. |
D. | Every Economic Theory is based on realistic facts which are common to all societies |
Option: D Explanation : Click on Discuss to view users comments. |
Arrange the following in the proper order for decision under, capital budgeting.
(i) Estimating the cost and benefits of proposals
(ii) Deciding the investment objective.
A. | (ii) (iv) (i) (iii) |
B. | (ii) (iv) (iii) (i) |
C. | (ii) (i) (iv) (iii) |
D. | (ii) (i) (iii) (iv) |
Option: B Explanation : Click on Discuss to view users comments. |
Match the following items in List - A with the most appropriate options from List - B :
List - A |
List - B |
a. A lender buys securities to protect himself from falling interest rate |
1. Interest rate collar |
b. A borrower buys securities to protect himself from rising interest rate |
2. Interest rate cap |
c. A combination of interest rate cap and floor |
3. Interest rate corridor |
d. A combination of two or more interest rate caps |
4. Interest rate floor |
A. | a b c d 2 4 3 1 |
B. | a b c d 4 2 1 3 |
C. | a b c d 4 2 3 1 |
D. | a b c d 3 2 1 4 |
Option: D Explanation : Click on Discuss to view users comments. |