Question
Which of the following statement is/are true regarding
classical theory of income and employment? 1. Classical economist believe that the economy needs fiscal policy 2. It describes economic growth in short run 3. According to this model, the wages are stickySolution
The classical theory of employment and output is a long run theory. It is based on two basic notions, viz. Say’s law and wage price flexibility. The classical economist believed that given wage price flexibility, there are automatic forces in the economic system that tends to maintain full employment and produce output at that level. Thus, they rule out the need of fiscal policy for correction of economy.
Which of the following is not a financial regulator in India?
What is the minimum number of members required to form a Private Limited Company in India?
Which section of the Companies Act, 2013 defines the condition for redemption of preference shares?
With respect to time value of money, which of the following statement is incorrect?
RXIL (Receivables Exchange of India Ltd.) is a joint venture of which two institutions?
If the exchange rate between the Indian Rupee and the Japanese Yen is ₹1 = 1.44 ¥, then 1,000 ¥ equals ₹____.
If ₹10,000 is invested at 10% p.a. compounded annually, what will be the amount after 2 years?
A company has ₹10 lakh in equity and ₹10 lakh in 10% debt. EBIT is ₹4 lakh and tax rate is 30%. What is the financial leverage?
A company’s ROE is 18%. Net profit margin is 12%, asset turnover is 1.5 times. Calculate the equity multiplier.
Which of the following is a liquidity ratio?
