INCOME ELASTICITY OF DEMAND IS DEFINED AS THE RESPONSIVENESS OF..??
QUANTITY DEMANDED TO A CHANGE IN INCOME
100
A ___ is a detailed outline of the potential risks and gains of a projected venture.
cost analysis
100
First ranked product, in incremental revenue allocation method, is classified as
Primary product
100
THE KINKED DEMAND CURVE EXPLAINS
PRICE RIGIDITY
100
A ___ IS A MARKET FOR LENDING AND BORROWING SHORT TERM FUNDS
MONEY MARKET
200
THE HORIZONTAL DEMAND CURVE PARALLEL TO X-AXIS IMPLIES THAT THE ELASTICITY OF DEMAND IS..??
INFINITE
200
Calculation of product cost, gathering information for planning and analyzing information for decisions making are features of
Cost accounting
200
Third ranked product in incremental revenue-allocation method is known as
Third incremental product
200
IMPERFECT COMPETITION WAS INTRODUCED BY
CHAMBERLIN
200
THE ____ IS THE MOST CONSTITUENT OF INDIAN MONEY MARKET
RESERVE BANK OF INDIA
300
DEMAND FOR A COMMODITY REFERS TO..??
AMOUNT OF THE COMMODITY DEMANDED AT A PARTICULAR PRICE AND AT A PARTICULAR TIME
300
Vertically upward dimension of cost analysis is also called
Accounting-period dimension
300
In stand-alone revenue-allocation method, type of weights available for this method is
selling prices as weight,
unit costs as weights,
physical units as weights.
300
A SITUATION IN WHICH THE NUMBER OF COMPETING FIRMS IS RELATIVELY SMALL IS KNOWN AS
OLIGOPOLY
300
THE MOST ACTIVE MONEY MARKET PLAYER IN MOST ECONOMIES AND THE BIGGEST BORROWER IN THE MONEY MARKET IT???
GOVERNMENT
400
Irrespective of price, Sofia always spends Rs. 100 a week on ice cream, we conclude that which degree of elasticity of demand is..??
1 (UNITARY ELASTIC)
400
IF THE MARGINAL PRODUCT OF LABOUR IS BELOW THE AVERAGE PRODUCT OF LABOUR, IT MUST BE TRUE THAT..
THE MARGINAL PRODUCT OF LABOUR IS FALLING
400
Method, which uses specific information on products as weights to allocate bundled revenues for each product in bundle is classified as
stand-alone revenue allocation method
400
THE PART OFGOVERNMENT POLICY THAT DEALS WITH RAISING REVENUE THROUGH TAXATION AND OTHER MEANS AND DECIDING ON THE LEVEL AND PATTERN OF PUBLIC EXPENDITURE IS KNOWN AS..??
FISCAL POLICY
400
____ ARE SHORT TERM SECURITIES ISSUED BY RBI ON BEHALF OF GOVERNMENT OF INDIA
TREASURY BILLS
500
A ____ is a demand where any price increase would cause the quantity demanded to fall to zero.
perfectly elastic demand
500
ALL FACTORS OF PRODUCTION BECOME VARIABLE IN..??
LONG RUN
500
Method of revenue allocation, which ranks products included in bundle according to predetermined criteria of management is known as
incremental revenue allocation method
500
A ___ IS A COMPULSORY CONTRIBUTION IMPOSED BY PUBLIC AUTHORITY IRRESPECTIVE OF THE EXACT AMOUNT OF SERVICE RENDERED TO THE TAX PAYER IN RETURN AND DO NOT IMPOSED AS A PENALTY FOR ANY LEGAL OFFENCE
TAX
500
A _____ is a time deposit, a financial product commonly sold in the United States and elsewhere by banks, thrift institutions, and credit unions. They are similar to savings accounts in that they are insured "money in the bank" and thus virtually risk free.