
Economics for R&A 1
Quiz
•
Professional Development
•
University
•
Medium
Dr M S Sureshkumar
Used 2+ times
FREE Resource
10 questions
Show all answers
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
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
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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