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. |
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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. |
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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 |
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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) |
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Option: B Explanation : Click on Discuss to view users comments. |
