JUNE 2013

1:

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

 

Answer : D

Explanation :

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Option: A

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