Which one is not a feature of budgetary control?
A. | A tool for management control. |
B. | An instrument of delegation and authority. |
C. | An instrument for evaluating the overall performance. |
D. | A statement of budget and forecasts. |
Option: D Explanation : Click on Discuss to view users comments. |
A rectangular hyperbola shaped demand curve on all its points has
A. | Equal slopes and equal point elasticities. |
B. | Unequal slopes and unequal point elasticities. |
C. | Unequal slopes and equal point elasticities. |
D. | Equal slopes and unequal point elasticities. |
Option: C Explanation : Click on Discuss to view users comments. |
A, a partner in a firm, is drawing Rs. 500 regularly on the 16th of every month. He will have to pay interest at the given rate in a year on Rs. 6000 for the total period of
A. | 5 months |
B. | 6 months |
C. | 7 months |
D. | 12 months |
Option: B Explanation : Click on Discuss to view users comments. |
Which of the following expressions amount to the import restriction measures?
(i) Currency control
(ii) Establishment of EPZs
(iii) Tariff cuts
(iv) Imposition of tariffs
(v) Imposition of non-tariff barriers
A. | (i), (ii) and (iii) |
B. | (i), (iv) and (v) |
C. | (iii), (iv) and (v) |
D. | (ii), (iii) and (v) |
Option: B Explanation : Click on Discuss to view users comments. |