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MCQ Practice 14050 Questions
1. A proper price policy should not aim at?
(A): (A) mobilizing resources for economic growth
(B): (B) giving relief to the richer section
(C): (C) checking violent price movements
(D): (D) providing incentives for increased production
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QA->Ram bought a Bag at 20% discount on its original price. He sold it with 40% increase on the price he bought it. The new price is by what percent more than the original price....
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MCQ->Read the following passage carefully and choose the most appropriate answer to the question out of the four alternatives. Most economists in the United States seem captivated by the spell of the free market. Consequently, nothing seems good or normal that does not accord with the requirements of the free market. A price that is determined by the seller or, for that matter (for that matter: so far as that is concerned), established by anyone other than the aggregate of consumers seems pernicious. Accordingly, it requires a major act of will to think of price-fixing (the determination of prices by the seller) as both "normal" and having a valuable economic function. In fact, price-fixing is normal in all industrialized societies because the industrial system itself provides, as an effortless consequence of its own development, the price-fixing that it requires. Modern industrial planning requires and rewards great size. Hence, a comparatively small number of large firms will be competing for the same group of consumers. That each large firm will act with consideration of its own needs and thus avoid selling its products for more than its competitors charge is commonly recognized by advocates of free-market economic theories. But each large firm will also act with full consideration of the needs that it has in common with the other large firms competing for the same customers. Selling a commodity at a price that is not more than that charged by competitors is....
MCQ->A proper price policy should not aim at?....
MCQ->Statements: "The Government will review the present policy of the diesel price in view of further spurt in the international oil prices". - A spokesman of the Government. Conclusions: The Government will increase the price of the diesel after the imminent spurt in the international oil prices. The Government will not increase the price of the diesel even after the imminent spurt in the international oil prices. ....
MCQ->What is the percent profit earned by the shopkeeper on selling the articles in his shop? I. Labeled price of the articles sold was 130% of the cost price. II. Cost price of each article was Rs. 550. III. A discount of 10% on labeled price was offered.....
MCQ->Which of the following statements are correct about the structure declaration given below? struct Book { private String name; protected int totalpages; public Single price; public void Showdata() { Console.WriteLine(name + " " + totalpages + " " + price); } Book() { name = " "; totalpages = 0; price = 0.0f; } } Book b = new Book(); We cannot declare the access modifier of totalpages as protected. We cannot declare the access modifier of name as private. We cannot define a zero-argument constructor inside a structure. We cannot declare the access modifier of price as public. We can define a Showdata() method inside a structure.....
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