Question
Under the Companies Act what is the extent of the
Members' liability for the company's obligations in a Producer Company limited by shares?Solution
Section 378C - Formation of Producer Company and its registration: (3) A Producer Company so formed shall have the liability of its Members limited by the memorandum to the amount, if any, unpaid on the shares respectively held by them and be termed a company limited by shares.
In the context of India's labor market, define the Worker Population Ratio (WPR), and state the recent trend in this ratio according to the la...
For Cobb-Douglas production function the elasticity of substitution is
In a perfectly competitive market, a firm’s long run supply curve is
Given two lines of regression x+3y=11 and 2x+y=7. Find the coefficient of correlation between x and y.
Which of the following statements is NOT correct under the IS-LM (Fixed Price) model?
Which one of the following cannons of taxation was not advocated by Adam Smith?
Consider a closed economy wherein
C = 0.60 Yd , t = 0.25 , I = 900 – 30i , G = 800, L = 0.20 Y – 50i , M/P = 500
Where in Yd = Dis...
The velocity of money is
Which of the following accurately describes the initial stages of the Demographic Transition Theory?
A) • Stage 1: High birth and death rates, ...
A sample poll of 100 voters reveals the following information about candidates A, B and C who are nominated for 3 different offices:
- ...