MCQ On Economics And Finance
5 Questions
| Total Attempts: 426
(329).jpg "MCQ On Economics And Finance - Quiz")
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Questions and Answers
- 1.What is the amount of del-credere commission when credit sale is Rs.200000 & cash sale is Rs.150000, the amount of commission being 10%?
- A.
20000
- B.
15000
- C.
35000
- D.
None of the three
- 2.If electricity demand is inelastic and electric rates increase, which of the following is likely to occur?
- A.
Quantity demanded will fall by relatively large amount.
- B.
Quantity demanded will fall by relatively small amount.
- C.
Quantity demanded will rise in the short-run but fall in the long-run.
- D.
Quantity demanded will fall in the short-run but rise in the long-run.
- 3.When the invoice/bill is made payable on a specific date then the due date is
- A.
That specific date
- B.
Date on which the term of the bill expires
- C.
The date which comes after adding stated number of days
- D.
The due date of the last bill
- 4.Unemployment is lower in
- A.
Rural than urban areas
- B.
Urban than rural areas
- C.
Same in both rural and urban areas
- D.
None of these
- 5.If each item is reduced by 15 , the standard deviation is
- A.
Increased by 15
- B.
Decreased by 15
- C.
Unchanged
- D.
None
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