Question
A firm evaluates two projects with identical expected
cash flows, but Project A has higher variability. If the firm is risk-averse, what would be its decision?Solution
Risk-averse firms prefer certainty. Given equal expected returns, lower standard deviation (risk) is preferable. This is aligned with decision-making under uncertainty.
Change the following sentence to Indirect Speech.
"I wonder", Sharda said to Girija, "whether you can spare your Economics notes for a day".
The Queen ordered the ministers to cut off the prisoner's head.
1. With such a passive attitude, the very
P. to one that is inferior you will begin to
Q. moment you pass from a superior environment
...He says,"The sun rises in the east."
Choose the option that is the direct form of the sentence.
Devi replied that she was sorry but she could not go.
Select the most appropriate indirect/direct form of the given sentence.
The teacher said, “The class has been scheduled for tomorrow.”
The General presented us a detailed battle plan.
Choose the option that is the indirect form of the sentence.
Lokesh said, “I am very busy this week”.
The stranger said to the boy, "Can you tell me the way to Raj Bhawan?"
Select the correct direct form of the given sentence
He asked me if I was not thinking of investing then.
