NTA-NET (Based on NTA-UGC) Commerce (Paper-II): Questions 1016 - 1020 of 1424

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Question number: 1016

» Business Economics » Price Determination in Different Market Situations » Perfect Competition

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Appeared in Year: 2009

MCQ▾

Question

The concept of “consumer surplus” was introduced and developed by (December)

Choices

Choice (4)Response

a.

J. M. Keynes

b.

Lionel Robbins

c.

E. A. G. Robinson

d.

Alfred Marshall

Question number: 1017

» Business Finance » Techniques of Capital Budgeting Analysis » NPV, PI, IRR, ARR, PB (New 2019)

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Appeared in Year: 2009

MCQ▾

Question

If NPV is positive, the IRR will be (December)

Choices

Choice (4)Response

a.

Positive

b.

c.

d.

All of the above

Question number: 1018

» Financial and Management Accounting » Acquisition, Merger » (New 2019)

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Appeared in Year: 2018

MCQ▾

Question

Merger of two companies under the Board for Industrial and Financial Reconstruction (BIFR) supervision is known as (December)

Choices

Choice (4)Response

a.

Offer for sale

b.

Reverse merger

c.

Negotiated merger

d.

Arranged merger

Question number: 1019

» Business Economics » Demand Analysis and Elasticity of Demand

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Appeared in Year: 2009

MCQ▾

Question

The elasticity of demand for luxury goods is (December)

Choices

Choice (4)Response

a.

Equal to 1

b.

Infinite

c.

Less than 1

d.

More than 1

Question number: 1020

» Business Economics » Objectives of Business Firms » (New 2019)

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Appeared in Year: 2018

Assertion-Reason▾

Question

Assertion (Ꭺ)

There exists excess capacity of the production for the firms if these incur losses. (December)

Reason (Ꭱ)

Their production level has to remain below their economic capacity level.

Choices

Choice (4)Response

a.

Both Ꭺ and Ꭱ are true and Ꭱ is the correct explanation of Ꭺ

b.

Ꭺ is false but Ꭱ is true

c.

Ꭺ is true but Ꭱ is false

d.

Both Ꭺ and Ꭱ are true but Ꭱ is NOT the correct explanation of Ꭺ

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