InterviewSolution
This section includes InterviewSolutions, each offering curated multiple-choice questions to sharpen your knowledge and support exam preparation. Choose a topic below to get started.
| 101. |
Which of the following is(are) indirect instruments of Monetary Policy? |
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Answer» Which of the following is(are) indirect instruments of Monetary Policy? |
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| 102. |
Calculate Gross value added at factor cost: (a) Sales800(b) Opening Stock40(c) Closing Stock30(d) Subsidies50(e) Purchase of intermediate product400(f) Purchase of machinery200 |
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Answer» Calculate Gross value added at factor cost: |
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| 103. |
What is the societal concept of marketing? |
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Answer» What is the societal concept of marketing? |
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| 104. |
In the estimation of GDP (using expenditure method), we focus only on expenditure by the residents of a country. Is this true? |
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Answer» In the estimation of GDP (using expenditure method), we focus only on expenditure by the residents of a country. Is this true? |
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| 105. |
निम्नलिखित शब्दों से उपसर्ग/प्रत्यय अलग कीजिए और मूल शब्द बताइए -निराहारी - निर् + आहार + ईसांप्रदायिकताअप्रसन्नताअपनापनकिनारीदारस्वतंत्रता |
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Answer» निम्नलिखित शब्दों से उपसर्ग/प्रत्यय अलग कीजिए और मूल शब्द बताइए - निराहारी - निर् + आहार + ई सांप्रदायिकता अप्रसन्नता अपनापन किनारीदार स्वतंत्रता |
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| 106. |
Mark the correct alternative in the following question:If PA=0.4, PB=0.8 and PB|A=0.6, then PA∪B=a 0.24 b 0.3 c 0.48 d 0.96 |
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Answer» Mark the correct alternative in the following question: |
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| 107. |
Find out the appropriate word which fits the 3rd blank. |
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Answer» Find out the appropriate word which fits the 3rd blank. |
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| 108. |
Why has the industrial sector performed poorly in the reform period? |
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Answer» Why has the industrial sector performed poorly in the reform period? |
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| 109. |
Mark correct or wrong against each of the following statements that describe the features of the military alliances formed by the superpowers.a) Member countries of the alliance are to provide bases in their respective lands for the superpowers.b) Member countries to support the superpowers both in terms of ideology and military strategy.c) When a nation attacks any member country, it is considered as an attack on all the member countries.d) Superpowers assist all the member countries to develop their own nuclear weapons. |
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Answer» Mark correct or wrong against each of the following statements that describe the features of the military alliances formed by the superpowers. a) Member countries of the alliance are to provide bases in their respective lands for the superpowers. b) Member countries to support the superpowers both in terms of ideology and military strategy. c) When a nation attacks any member country, it is considered as an attack on all the member countries. d) Superpowers assist all the member countries to develop their own nuclear weapons. |
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| 110. |
Write a brief note on National Literacy Mission. |
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Answer» Write a brief note on National Literacy Mission. |
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| 111. |
Which among the following statements that describe the nature of Soviet economy is wrong?a. Socialism was the dominant ideologyb. State ownership/control existed over the factors of productionc. People enjoyed economic freedomd. Every aspect of the economy was planned and controlled by the State |
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Answer» Which among the following statements that describe the nature of Soviet economy is wrong? a. Socialism was the dominant ideology b. State ownership/control existed over the factors of production c. People enjoyed economic freedom d. Every aspect of the economy was planned and controlled by the State |
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| 112. |
Ram, Shyam and Mohan were partners in a firm sharing profits and losses in the ratio of 2 : 1 : 2. Their capitals were fixed at ₹ 3,00,000, ₹ 1,00,000, ₹ 2,00,000. For the year ended 31st March, 2018, interest on capital was credited to them 9% instead of 10% p.a. The profit for the year before charging interest was ₹ 2,50,000.Show your working notes clearly and pass necessary adjustment entry. |
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Answer» Ram, Shyam and Mohan were partners in a firm sharing profits and losses in the ratio of 2 : 1 : 2. Their capitals were fixed at ₹ 3,00,000, ₹ 1,00,000, ₹ 2,00,000. For the year ended 31st March, 2018, interest on capital was credited to them 9% instead of 10% p.a. The profit for the year before charging interest was ₹ 2,50,000. Show your working notes clearly and pass necessary adjustment entry. |
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| 113. |
Which of the following was not recommended by the Washington Consensus? |
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Answer» Which of the following was not recommended by the Washington Consensus? |
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| 114. |
Calculate: (a) GVA at MP (b) Intermediate consumption from the following data: Value of output400Net value added at factor cost160Depreciation40Subsidy10Sales tax30 |
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Answer» Calculate: (a) GVA at MP (b) Intermediate consumption from the following data: Value of output400Net value added at factor cost160Depreciation40Subsidy10Sales tax30 |
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| 115. |
Balance of payment is in disequilibrium when: |
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Answer» Balance of payment is in disequilibrium when: |
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| 116. |
What is working capital? How is it calculated? Discuss five important determinants of working capital requirement. |
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Answer» What is working capital? How is it calculated? Discuss five important determinants of working capital requirement. |
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| 117. |
Final balance of payments of an economy is: |
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Answer» Final balance of payments of an economy is: |
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| 118. |
If, at the end of the credit creation process, we have total deposits of 50,000, and initial deposits were 10,000, what is the amount of secondary deposits? |
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Answer» If, at the end of the credit creation process, we have total deposits of 50,000, and initial deposits were 10,000, what is the amount of secondary deposits? |
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| 119. |
Ram, Mohan and Sohan sharing profits and losses equally have capitals of ₹ 1,20,000, ₹ 90,000 and ₹ 60,000. For the year ended 31st March, 2018, interest was credited to them 6% instead of 5%.Give adjustment Jounral entry. |
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Answer» Ram, Mohan and Sohan sharing profits and losses equally have capitals of ₹ 1,20,000, ₹ 90,000 and ₹ 60,000. For the year ended 31st March, 2018, interest was credited to them 6% instead of 5%. Give adjustment Jounral entry. |
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| 120. |
Which sentence is true? |
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Answer» Which sentence is true? |
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| 121. |
Ashu and Harish are partners sharing profits and losses as 3 : 2 . They decided to dissolve the firm on 31st March, 2018. Their Balance Sheet on the above date was: Liabilities ₹ Assets ₹ Capital A/cs: Building 80,000 Ashu 1,08,000 Machinery 70,000 Harish 54,000 1,62,000 Furniture 14,000 Creditors 88,000 Stock 20,000 Bank Overdraft 50,000 Investments 60,000 Debtors 48,000 Cash in Hand 8,000 3,00,000 3,00,000 The firm was dissolved on 1st April,2018 and the Assets and Liabilities were settled as follows :(a) Land and Building b realised ₹ 4,30,000.(b) Debtors realised ₹ 2,25,000 (with interest) and ₹ 1,000 were recovered for Bad Debts written off last year .(c) There was an Unrecorded Investment which was sold for ₹ 25,000.(d) Vichal took over Machinery at ₹ 2,80,000 for cash.(e) 50% of the Creditors were paid ₹ 4,000 less in full settlement and the remaining Creditors were paid full amount .Pass necessary journal entries for dissolution of the firm.Ashu is to take over the building at ₹ 95,000 and Machinery and Furniture is taken over by Harish at value of ₹ 80,000. Ashu agreed to pay Creditor and Harish agreed to meet Bank overdraft. Stock and Investments are taken by both partner in profit-sharing ratio. Debtors realised for ₹ 46,000, expenses of realisation amounted to ₹ 3,000. Prepare necessary Ledger Accounts. |
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Answer» Ashu and Harish are partners sharing profits and losses as 3 : 2 . They decided to dissolve the firm on 31st March, 2018. Their Balance Sheet on the above date was:
The firm was dissolved on 1st April,2018 and the Assets and Liabilities were settled as follows : (a) Land and Building b realised ₹ 4,30,000. (b) Debtors realised ₹ 2,25,000 (with interest) and ₹ 1,000 were recovered for Bad Debts written off last year . (c) There was an Unrecorded Investment which was sold for ₹ 25,000. (d) Vichal took over Machinery at ₹ 2,80,000 for cash. (e) 50% of the Creditors were paid ₹ 4,000 less in full settlement and the remaining Creditors were paid full amount . Pass necessary journal entries for dissolution of the firm. Ashu is to take over the building at ₹ 95,000 and Machinery and Furniture is taken over by Harish at value of ₹ 80,000. Ashu agreed to pay Creditor and Harish agreed to meet Bank overdraft. Stock and Investments are taken by both partner in profit-sharing ratio. Debtors realised for ₹ 46,000, expenses of realisation amounted to ₹ 3,000. Prepare necessary Ledger Accounts. |
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| 122. |
If the economy is in an inflationary period, what action would Fiscal Policy most likely take? |
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Answer» If the economy is in an inflationary period, what action would Fiscal Policy most likely take? |
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| 123. |
Distinguish between capital market and money market on the basis of : (i) Participants (ii) Instruments of trade/investment outlay (iii) Duration of securities traded (iv) Expected return (v) Safety |
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Answer» Distinguish between capital market and money market on the basis of : |
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| 124. |
निम्नलिखित शब्दों के प्रचलित-हिंदी रूप लिखिए- जैसे-परे-पड़े (रे, ड़े) बिपति बादर मछरी सीत |
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Answer» निम्नलिखित शब्दों के प्रचलित-हिंदी रूप लिखिए- जैसे-परे-पड़े (रे, ड़े)
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| 125. |
Categorise the following as Revenue and Capital receipts (give reasons): (a) School fees in government school (b) Challans (c) Disinvestment (d) Custom duty |
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Answer» Categorise the following as Revenue and Capital receipts (give reasons): |
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| 126. |
'पर सारे देश के......अपने-अपने विद्यापति हैं'इस वाक्य का क्या अर्थ है? पाठ पढ़कर मालूम करो और लिखो। |
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Answer» 'पर सारे देश के......अपने-अपने विद्यापति हैं'इस वाक्य का क्या अर्थ है? पाठ पढ़कर मालूम करो और लिखो। |
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| 127. |
How is theexchange rate determined under a flexible exchange rate regime? |
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Answer» How is the |
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| 128. |
Find Primary Deficit from the following data: Items (Rs in crore) (i) Fiscal deficit 9,000 (ii) Interest payment by the government 900 |
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Answer» Find Primary Deficit from the following data: Items (Rs in crore) (i) Fiscal deficit 9,000 (ii) Interest payment by the government 900 |
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| 129. |
To which of the following factors of production does the payment of interest go to? |
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Answer» To which of the following factors of production does the payment of interest go to? |
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| 130. |
Consider the following statements related to money supply:- Which of the above statements are incorrect? |
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Answer» Consider the following statements related to money supply:- Which of the above statements are incorrect? |
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| 131. |
It has been realised that the labour force participation rate is very low in India. As an economist, suggest the measures to raise labour force participation rate. |
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Answer» It has been realised that the labour force participation rate is very low in India. As an economist, suggest the measures to raise labour force participation rate. |
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| 132. |
The crash of the Wall Street Exchange in 1929 brought about changes in the living standard of people; |
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Answer» The crash of the Wall Street Exchange in 1929 brought about changes in the living standard of people; |
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| 133. |
सन्धिविच्छेद कुरूत − (क) ग्रन्थोऽयम् - --------------------- + --------------------- (ख) सूर्याचल: - --------------------- + --------------------- (ग) तथैव - --------------------- + --------------------- (घ) कालातिगामिनी - --------------------- + --------------------- (ङ) प्रथमोपग्रहस्य - --------------------- + --------------------- |
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Answer» सन्धिविच्छेद कुरूत −
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| 134. |
How does improvement in banking habits of the people push up credit availability from the commercial banks? |
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Answer» How does improvement in banking habits of the people push up credit availability from the commercial banks? |
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| 135. |
The monthly income and expenses for a business are 1,00,000 Rupees and 50,000 Rupees respectively. This is a case of ___. |
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Answer» The monthly income and expenses for a business are 1,00,000 Rupees and 50,000 Rupees respectively. This is a case of |
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| 136. |
Following incomplete information is available from records maintained by Mr. X: 1-4-2016 31-3-2017 ₹ ₹ Cash 1,000 1,500 Bank 8,000 10,000 Debtors 10,000 12,000 Stock 7,000 6,000 Machinery 20,000 20,000 Creditors 11,000 10,000 Bank Loan 12,000 12,000 During the year Mr. X introduced in the business the amount realised on sale of ₹ 10,000 investments at the premium of 5%. Personal expenses of Mr. X paid from business account amounted to ₹ 1,250 per month. Prepare a statement to calculate Profit (or Loss) during the year. |
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Answer» Following incomplete information is available from records maintained by Mr. X:
During the year Mr. X introduced in the business the amount realised on sale of ₹ 10,000 investments at the premium of 5%. Personal expenses of Mr. X paid from business account amounted to ₹ 1,250 per month. Prepare a statement to calculate Profit (or Loss) during the year. |
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| 137. |
The system followed by banks wherein they keep a percentage of deposits as cash with themselves is called: |
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Answer» The system followed by banks wherein they keep a percentage of deposits as cash with themselves is called: |
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| 138. |
On 31st March, 2014, the balances in the Capital Accounts of Saroj, Mahinder and Umar after making adjustments for profits and drawings, etc., were ₹ 80,000, ₹ 60,000, ₹ 40,000 respectively. Subsequently, it was discovered that the interest on capital and drawings has been omitted.(a) The profit for the year ended 31st March, 2014 was ₹ 80,000.(b) During the year Saroj and Mahinder each withdrew a sum of ₹ 24,000 in equal instalments in the end of each month and Umar withdrew ₹ 36,000.(c) The interest on drawings was to be charged 5% p.a. and interest on capital was to be allowed 10% p.a.(d) The profit-sharing ratio among partners was 4 : 3 : 1.Showing your workings clearly, pass the necessary rectifying entry. |
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Answer» On 31st March, 2014, the balances in the Capital Accounts of Saroj, Mahinder and Umar after making adjustments for profits and drawings, etc., were ₹ 80,000, ₹ 60,000, ₹ 40,000 respectively. Subsequently, it was discovered that the interest on capital and drawings has been omitted. (a) The profit for the year ended 31st March, 2014 was ₹ 80,000. (b) During the year Saroj and Mahinder each withdrew a sum of ₹ 24,000 in equal instalments in the end of each month and Umar withdrew ₹ 36,000. (c) The interest on drawings was to be charged 5% p.a. and interest on capital was to be allowed 10% p.a. (d) The profit-sharing ratio among partners was 4 : 3 : 1. Showing your workings clearly, pass the necessary rectifying entry. |
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| 139. |
Which of the following is not part of the 'Standard Model of Development'? |
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Answer» Which of the following is not part of the 'Standard Model of Development'? |
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| 140. |
At a hydroelectric power plant, the water pressure head is at a height of 300 m and the water flow available is 100 m3 s−1. If the turbine generator efficiency is 60%, estimate the electric power available from the plant (g= 9.8 m s−2). |
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Answer» At
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| 141. |
Which countries were the major exporters in the pre-industrial times? |
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Answer» Which countries were the major exporters in the pre-industrial times? |
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| 142. |
If US dollar becomes costlier in terms of the Indian rupee, it is good as well as bad for the domestic growth. How? |
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Answer» If US dollar becomes costlier in terms of the Indian rupee, it is good as well as bad for the domestic growth. How? |
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| 143. |
It is the time of the World War. An American prisoner of war is washed ashore in a dying state and is found at the doorstep of a Japanese doctor. Should he save him as a doctor or hand him over to the army as a patriot? |
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Answer» It is the time of the World War. An American prisoner of war is washed ashore in a dying state and is found at the doorstep of a Japanese doctor. Should he save him as a doctor or hand him over to the army as a patriot? |
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| 144. |
अधोलिखितानि वाक्यानि क:/का कं/कां प्रति कथयति- क:/का कं/कां यथा इदानीम् अहं त्वां खादिष्यामि। व्याघ्र: व्याधम् (क) कल्याणं भवतु ते। --------------------- --------------------- (ख) जना: मयि स्नानं कुर्वन्ति। --------------------- --------------------- (ग) अरे मूर्ख! धर्मे धमनं पापे पुण्यं भवति एव। --------------------- --------------------- (घ) यत्र कुत्रापि छेदनं कुर्वन्ति। --------------------- --------------------- (ङ) सम्प्रति पुन: पुन: कूर्दनं कृत्वा दर्शय। --------------------- --------------------- |
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Answer» अधोलिखितानि
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| 145. |
Prepare a format of cash flow from operating activities under_*_ and indirect method.* Preapre Cash Flow from Operating Activities using both the methods i.e. Direct and Indirect Method. |
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Answer» Prepare a format of cash flow from operating activities under_*_ and indirect method. |
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| 146. |
Which of the following are common functions of the central bank? |
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Answer» Which of the following are common functions of the central bank? |
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| 147. |
When RBI does some open market operation transactions, it wishes to regulate which of the following? |
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Answer» When RBI does some open market operation transactions, it wishes to regulate which of the following? |
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| 148. |
what is differentiation |
| Answer» what is differentiation | |
| 149. |
Which feature of money is reflected in the statement "It separated the act of sale and purchase? |
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Answer» Which feature of money is reflected in the statement "It separated the act of sale and purchase? |
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| 150. |
Which of the following is the cause of unemployment in India? |
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Answer» Which of the following is the cause of unemployment in India? |
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