NTA-NET (Based on NTA-UGC) Commerce (Paper-II): Questions 181 - 185 of 1424

Access detailed explanations (illustrated with images and videos) to 1424 questions. Access all new questions we will add tracking exam-pattern and syllabus changes. Unlimited Access for Unlimited Time!

View Sample Explanation or View Features.

Rs. 600.00 or

How to register?

Question number: 181

» Business Statistics and Data Processing » Analysis and Interpretation of Data

Edit

Appeared in Year: 2015

MCQ▾

Question

Which one of the following options deals with the process of making estimates, predictions and decisions?

Choices

Choice (4)Response

a.

Descriptive Statistics

b.

Probability Theory

c.

Inferential Statistics

d.

All of the above

Question number: 182

» Business Economics » Demand Analysis and Elasticity of Demand

Edit

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

Edit

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

Edit

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

Edit

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

Developed by: