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Economics for R&A 1

Authored by Dr M S Sureshkumar

Professional Development

University

Used 2+ times

Economics for R&A 1
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10 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

_____ is the ratio of worth to cost.

Economic Efficiency

Overall Efficiency

Productivity

Technical Efficiency

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

When the restaurant that serves fast food increases in the number, this leads to_____.

An increase in fast-food meal supply

the growth in fast-food meal demand

a growth is seen in the demand for substitutes for such meals

increase in the rate of such meals

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Media Image

thecalculate the gradient from cash flow diagram (in the given figure)

Rs. 10000 per year

Rs. 25000 per year

Rs. 15000 per year

Rs. 20000 per year

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

If P’ is principal amount, ‘I’ is the rate of interest per annum and ‘n’ is the number of periods in years, the compound amount factor (CAF) is:

(1 + i)n

(1 + i)(1/3n)

(1 + i)(1/2n)

√(n + i)

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Calculate the Machine’s depreciation  cost using straight line method, if the cost of the machine, Scrap value and life of the machine are Rs.3,00,000, 1,00,000 and 10 years respectively

Rs.10,000

Rs.20,000

Rs.30,000

Rs.5,000

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

In a cash-flow diagram:

Time 0 is considered to be the present

Time 1 is considered to be the end of time period 1

A vertical arrow pointing up indicates a positive cash flow

All of these

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Media Image

In the cash-flow diagram shown in the given figure

Equal deposits of Rs 3000 per year (A) are made, starting now

The rate of interest is 10% per year account

The amount accumulated after the seventh deposit is to be computed

All of these

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