Questions

Calculate the economic profit for a firm if it's total revenues are Rs. 35 crores, explicit costs are Rs. 7 crores, and implicit costs are Rs. 10 crores.

Which is the form of market where there is lack of competition?

Strait of Gibraltar connects which of the following?

Read each sentence to find out whether there is any error in any underlined part and indicate your response in the Answer Sheet against the corresponding letter i.e., (a) or (b) or (c). If you find no error, your response should be indicated as (d).

If the fixed costs of a factory producing candles is Rs 20,000, selling price is Rs 30 per dozen candles and variable cost is Rs 1.5 per candle, what is the break-even quantity?

Purchase of fixed assets on credit is originally recorded in

The question below consists of a set of labelled sentences. These sentences, when properly sequenced form a coherent paragraph. Select the most logical order of sentences from among the options.

P: “Health is Wealth” is a very old proverb however will be true forever for the humanity.
Q: A healthy person can perform any task however; a wealthy person who is suffering from untreatable disease can never buy a good health.
R: A healthy person (whether rich or poor) lives more happy and peaceful life than any rich person having a diseased body.
S: It indicates a very clear meaning that health is more significant for a person than the wealth.

In the following passage, some of the words have been left out. Read the passage carefully and select the correct answer for the given blank out of the four alternatives.

India is a country that loves decentralisation and it covers almost every ________________. I will focus ________________ the subject of tyranny. For example, look _______________ our police stations. We ____________________ a Hobbesian sovereign ruling over us. In political ___________________, one has what is called the concept of sovereignty which is discussed in Hobbesian terms.

For example, look _______________ our police stations