1555. Profits

Are lower in the long run than in the short run
Can be negative
Are less in perfect competition than in monopoly
All of the above
✅ The correct answer is D.
Profits are lower in the long run than in the short run, it can be negative and are less in perfect competition than in monopoly.

1571. Nominal rate which is quoted to consumers on loans is considered as

annual percentage rate
annual rate of return
loan rate of return
local rate of return
✅ The correct answer is A.
Nominal rate which is quoted to consumers on loans is considered as annual percentage rate. An annual percentage rate (APR) is the annual rate charged for borrowing or earned through an investment. APR is expressed as a percentage that represents the actual yearly cost of funds over the term of a loan.

138. A company cannot issue redeemable preference shares for a period exceeding

10 years
20 years
30 years
15 years
✅ The correct answer is B.
A company cannot issue redeemable preference shares for a period exceeding 20 years. A company may issue preference shares which are liable to be redeemed within a period not exceeding twenty years from the date of their issue under section 55 of the Companies Act 2013.