Question
Read the given statements and conclusions carefully.
Assuming that the information given in the statements is true, even if it appears to be at variance with commonly known facts, decide which of the given conclusions logically follow(s) from the statements. Statements: All fans are bulbs. All bulbs are lights. Conclusions: I. All bulbs are fans. II. Some lights are bulbs. III. No bulb is a fan.Solution
All fans are bulbs (A) → Conversion → Some bulbs are fans (I). Hence neither conclusion I nor III follow. All bulbs are lights (A) → Conversion → Some lights are bulbs (I). Hence conclusion II follows.
A manufacturing company sells a product for ₹500 per unit. The variable cost per unit is ₹300, and the fixed costs are ₹12,00,000 annually. Manage...
If an ad-hoc credit limit sanctioned by a bank is not reviewed and the account shows no activity, when does it become an NPA?
Which of the following accounts in insurance company reportingtracks the revenue and expenses related to policyholders?
Which of the following statements is true?
Goods costing ₹ 1,00,000 were insured for ₹ 50,000. Out of these goods, ¾ are destroyed by fire. The amount of claim with average clause will be:
A trader has current assets of ₹6,00,000, including ₹80,000 cash, ₹1,20,000 accounts receivable, ₹3,00,000 inventory, and ₹1,00,000 marketable...
A ________ is not an actual contract but it resembles a contract. In other words, it is a contract in which there is no intention on part of either part...
Financial Instruments such as Call Money, commercial paper, Bills of exchange, T-Bills, are traded in which of the following market?
In the proposed budget (2017-18), cash donation to a political party is maximum up to:
What is the maximum loan limit prescribed for lending to Self-Help Groups (SHGs) under NABARD guidelines?
Relevant for Exams:
