NTA-NET (Based on NTA-UGC) Commerce (Paper-II): Questions 182 - 186 of 1264

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Question number: 182

» Business Economics » Demand Analysis and Elasticity of Demand

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Appeared in Year: 2015

MCQ▾

Question

The following is the demand function in the small market:

Where ‘Q’ denotes quantity in physical units and ‘P’ denotes price of the commodity. At price Rs. 5, the point price elasticity of demand would be:

Choices

Choice (4) Response

a.

Highly inelastic

b.

Zero

c.

Equal to unity

d.

Highly elastic

Question number: 183

» Business Statistics and Data Processing » Correlation and Regression

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Appeared in Year: 2015

MCQ▾

Question

Which one of the following formula is used to calculate probable error of correlation-coefficient between two variables of ‘n’ pairs of observations?

Choices

Choice (4) Response

a.

b.

c.

d.

Question number: 184

» Business Environment » Legal Environment of Business in India

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Appeared in Year: 2015

MCQ▾

Question

EDI system got legal recognition under which one of the following Acts?

Choices

Choice (4) Response

a.

Electronics Act, 1996

b.

Information Technology Act, 2000

c.

DGFT Act, 1999

d.

Right to Data Act, 1998

Question number: 185

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

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Appeared in Year: 2015

MCQ▾

Question

The following are the demand and supply equations in a perfectly competitive market:

The equilibrium market price would be:

Choices

Choice (4) Response

a.

40

b.

24

c.

20

d.

10

Question number: 186

» Financial and Management Accounting » Cost and Management Accounting » Ratio Analysis

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Appeared in Year: 2015

MCQ▾

Question

When opening stock is Rs. 50,000, closing stock is Rs. 60,000 and the cost of goods sold is Rs. 2,20,000, the stock turnover ratio is:

Choices

Choice (4) Response

a.

4 times

b.

2 times

c.

5 times

d.

3 times

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