By which Act, the government checks restrictive trade practices?
| A. | FEMA -1999 |
| B. | Consumer Protection Act, 1986 |
| C. | Industrial Policy Act, 1991 |
| D. | None of the above |
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Option: D Explanation : Click on Discuss to view users comments. |
When demand curve is rectangular Hyperbola, the elasticity of demand will be
| A. | Perfectly elastic |
| B. | Unit elastic |
| C. | Perfectly inelastic |
| D. | |
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Option: B Explanation : Click on Discuss to view users comments. |
Match the items in List-I with items in List-II.
List-I List-II
a. Peter F. Druker i. M. B. O.
b. F. W. Taylor ii. Scientific Management
c. Henri J. Fayol iii. Industrial Psychology
d. Hugo Munsterberg iv. Functional Theory
| A. | a b c d i ii iii iv |
| B. | a b c d i ii iv iii |
| C. | a b c d iv iii ii i |
| D. | a b c d iii i iv ii |
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Option: B Explanation : Click on Discuss to view users comments. |
Read the following statements:
(i) "The rate of return on investment increases with the shortage of working capital."
(ii) 'Net working capital is the excess of current assets over current liabilities."
(iii) "Greater the size of the business unit, larger will be the requirement of working capital."
(iv) "Working capital is also known as circulating capital."
Which one of the following consists of the correct statements?
| A. | (i), (ii) and (iii) |
| B. | (ii), (iii) and (iv) |
| C. | (iii), (iv) and (i) |
| D. | (i), (ii) and (iv) |
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Option: B Explanation : Click on Discuss to view users comments. |
