In which year the new Industrial Policy was announced?
A. | 1997 |
B. | 1951 |
C. | 1991 |
D. | 1998 |
Option: C Explanation : Click on Discuss to view users comments. |
Opportunity cost is a term which describes:
A. | A bargain price for a factor of production. |
B. | Cost related to an optimum level of production. |
C. | Average variable cost. |
D. | The cost of forgone opportunities. |
Option: B Explanation : Click on Discuss to view users comments. |
The main advantage of functional organization is
A. | Simplicity |
B. | Specialisation |
C. | Experience |
D. | Authority |
Option: B Explanation : Click on Discuss to view users comments. |
Match the following:
(a) Capital Budgeting (i) Time adjusted rate of return
(b) Profitability Index (ii) irreversible
(c) Internal rate of return (iii) Benefit/cost
(d) Capital investment decisions (iv) Planning capital Expenditure
A. | (a) (b) (c) (d) (iv) (iii) (ii) (i) |
B. | (a) (b) (c) (d) (i) (iv) (ii) (iii) |
C. | (a) (b) (c) (d) (iv) (iii) (i) (ii) |
D. | (a) (b) (c) (d) (ii) (i) (iii) (iv) |
Option: D Explanation : Click on Discuss to view users comments. |