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  • Question
  • Depreciation means


  • Options
  • A. closure of a plant due to lock out
  • B. closure of a plant due to labour trouble
  • C. loss of equipment over time due to wear and tear
  • D. destruction of a plant in a fire accident

  • Correct Answer
  • loss of equipment over time due to wear and tear 


  • Indian Economy problems


    Search Results


    • 1. Which of the following items would not appear in a company's balance sheet?


    • Options
    • A. Value of stocks of raw materials held
    • B. Total issued capital
    • C. Revenue from sales of the company's products
    • D. Cash held at the bank
    • Discuss
    • 2. National expenditure includes


    • Options
    • A. consumption expenditure
    • B. investment expenditure
    • C. government expenditure
    • D. All of the above
    • Discuss
    • 3. In the state of India, the State Financial Corporation have given assistance mainly to develop


    • Options
    • A. agricultural farms
    • B. cottage industry
    • C. large-scale industries
    • D. medium and small-scale industries
    • Discuss
    • 4. Fiscal deficit in the Union Budget means


    • Options
    • A. the difference between current expenditure and current revenue
    • B. net increase in Union Governments borrowings from the Reserve Bank of India
    • C. the sum of budgetary deficit and net increase in internal and external borrowings
    • D. the sum of monetized deficit and budgetary deficit
    • Discuss
    • 5. India changed over to the decimal system of coinage in


    • Options
    • A. April 1995
    • B. April 1957
    • C. April 1958
    • D. April 1959
    • Discuss
    • 6. Development expenditure of the Central government does not include


    • Options
    • A. defence expenditure
    • B. expenditure on economic services
    • C. expenditure on social and community services
    • D. grant to states
    • Discuss
    • 7. In which of the following sequences the change in quantity of money leads to change in price level in the Keynesian models?


    • Options
    • A. Change in quantity of money - change in investment - change in employment and output - change in rate of interest - change in price level
    • B. Change in quantity of money - change in employment and output - change in investment - change in the rate of interest - change in price level
    • C. Change in quantity of money - change in investment - change in rate of interest - change in employment and output - change in price level
    • D. Change in quantity of money - change in rate of interest - change in investment - change in employment and output - change in price level
    • Discuss
    • 8. In India, the first bank of limited liability manages by Indians and founded in 1881 was


    • Options
    • A. Hindustan Commercial Bank
    • B. Oudh Commercial Bank
    • C. Punjab National Bank
    • D. Punjab and Sind Bank
    • Discuss
    • 9. The association of the rupee with pound sterling as the intervention currency was broken in


    • Options
    • A. 1990
    • B. 1991
    • C. 1992
    • D. 1993
    • Discuss
    • 10. The budget deficit means


    • Options
    • A. the excess of total expenditure, including loans, net of lending over revenue receipts
    • B. difference between revenue receipts and revenue expenditure
    • C. difference between all receipts and all the expenditure
    • D. fiscal deficit less interest payments
    • Discuss


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