Question is ⇒ In utensils worth Rs 1000 are produced with copper worth Rs 500, wages paid are Rs 100, other material purchased is worth Rs 100 and depreciation of machinery is zero, then what is the value added in process?, Options are ⇒ (A) Rs 1000, (B) Rs 500, (C) Rs 400, (D) Rs 300, (E) , Leave your comments or Download question paper.

Question is ⇒ In utensils worth Rs 1000 are produced with copper worth Rs 500, wages paid are Rs 100, other material purchased is worth Rs 100 and depreciation of machinery is zero, then what is the value added in process?, Options are ⇒ (A) Rs 1000, (B) Rs 500, (C) Rs 400, (D) Rs 300, (E) , Leave your comments or Download question paper. Previous question Next question


Q1.	In utensils worth Rs 1000 are produced with copper worth Rs 500, wages paid are Rs 100, other material purchased is worth Rs 100 and depreciation of machinery is zero, then what is the value added in process?
A.	Rs 1000 [Wrong Answer]
B.	Rs 500 [Wrong Answer]
C.	Rs 400 [Wrong Answer]
D.	Rs 300 [Correct Answer]
View Answer 7 -3 Explanation:- Answer : D Discuss it below : !! OOPS Login [Click here] is required to post your answer/result Help other students, write article, leave your comments

Previous question Next question

Also Read Similar Questions Below :

⇒ If an economy is equilibrium at the point where plans to save and to invest are equal, then government expenditure must be
zero
equal to government income
larger than government income
negative

⇒ How many PSU's are included in the category of 'Navaratna'
8
9
11
14

⇒ The apex body for formulating plans and coordinating research work in agriculture and allied fields is
State Trading Corporation
Regional Rural Banks
National Bank for Agriculture and Rural Development (NABARD)
Indian Council of Agricultural Research

⇒ States earn maximum revenue through
land revenue
custom revenue
commercial taxes
excise duties on intoxicants

⇒ Our financial system has provided for the transfer of resources from the centre to the states; the important means of resource transfer are
tax sharing
grant-in-aids
loans
All the above

⇒ If all the banks in an economy are nationalized and converted into a monopoly bank, the total deposits
will decrease
will increase
will neither increase nor decrease
None of the above

⇒ What is the effect of deficit financing on economy?
inflation
Deflation
Depression
Recession

⇒ Of the gross tax revenue of the Union Government the indirect taxes account for nearly
70 per cent
75 percent
65 percent
60 percent

⇒ In pursuance with the recommendations of Narsimhan Committee, the RBI has framed new guidelines
to govern entry of new private sector banks to make the banking sector more competitive
to reduce the freedom given to banks to rationalize their existing branch network
to setup more foreign exchange banks
to lend more easily for industrial development

⇒ National expenditure includes
consumption expenditure
investment expenditure
government expenditure
All of the above

⇒ The Board of Industrial and Financial Reconstruction (BIFR) came into existence in
1984
1986
1987
1989

⇒ Which of the following best defines free trade?
Imports are discouraged
There are no restriction on exports/imports
There are no duties levied on export
Imported goods are made duty free

⇒ In India, which one among the following formulates the fiscal policy?
Planning Commission
Ministry of Finance
Finance Commission
The Reserve Bank of India

⇒ If the cash reserve ratio is lowered by the RBI, its impact on credit creation will be to
increase it
decrease it
no impact
None of the above

⇒ Which one or the following is not an affiliate of the Reserve Bank of India?
IDBI
Agricultre Refinance Corp
UTI
Deposit Insurance Corp

⇒ Debenture holders of a company are its
shareholders
creditors
debtors
directors

⇒ Deficit financing leads to inflation in general, but it can be checked if
government expenditure leads to increase in the aggregate supply in ratio of aggregate demand
only aggregate demand is increased
all the expenditure is denoted national debt payment only
All of the above

⇒ If the fiscal deficit of the Union Government is Rs. 75,000 crores relending to State is Rs. 25,000 crores, interest payments are Rs. 25,000 crores, what is the amount of the primary deficit?
Rs. 50,000 crores
Rs. 25,000 crores
Rs. 1,00,000 crores
Rs. 1,25,000 crores

⇒ Redistribution polices geared to reduce economic inequalities include
progressive tax policies
land reforms
rural development policies
All the above

⇒ Deficit financing implies
printing new currency notes
replacing new currency with worn out currency
public expenditure in excess of public revenue
public revenue in excess of public expenditure

⇒ Depreciation means
closure of a plant due to lock out
closure of a plant due to labour trouble
loss of equipment over time due to wear and tear
destruction of a plant in a fire accident

⇒ Gilt-edged market means
bullion market
market of government securities
market of guns
market of pure metals

⇒ Notes on which denomination has the portrait of Mahatma Gandhi printed on them?
1000 rupee
500 rupee
100 rupee
All of the above

⇒ In utensils worth Rs 1000 are produced with copper worth Rs 500, wages paid are Rs 100, other material purchased is worth Rs 100 and depreciation of machinery is zero, then what is the value added in process?
Rs 1000
Rs 500
Rs 400
Rs 300

⇒ In which of the following sequences the change in quantity of money leads to change in price level in the Keynesian models?
Change in quantity of money - change in investment - change in employment and output - change in rate of interest - change in price level
Change in quantity of money - change in employment and output - change in investment - change in the rate of interest - change in price level
Change in quantity of money - change in investment - change in rate of interest - change in employment and output - change in price level
Change in quantity of money - change in rate of interest - change in investment - change in employment and output - change in price level

⇒ The current price index (base 1960) is nearly 330. This means that
all items cost 3-3 times more than what they did in 1960
the prices of certain selected items have gone up to 3-3 times
weighted means of prices of certain item has increased 3-3 times
gold price has gone up 3-3 times

⇒ Devaluation of currency will be more beneficial if
prices of domestic goods remain constant
prices of exports remain constant
prices of imports remains constant
prices of exports rise proportionately

⇒ The central banking functions in India are performed by the
I. Central Bank of India
II. Reserve Bank of India
III. State Bank of India
IV. Punjab National Bank
I, II
II
I
II, III

⇒ State govts do not levy
Income tax
CST
excise duty
None

⇒ The Indian Financial Year begins on
1 January.
1 April.
1 July.
None of these