Author name: Administrator

1237. Law of substitution is another name for law of

Law of diminishing MU
Law of Equi-MU
Law of demand
Satisfaction
✅ The correct answer is B.
Law of substitution is another name for law of Law of Equi-MU. The Law of equimarginal Utility is another fundamental principle of Econo­mics. This law is also known as the Law of substitution or the Law of Maxi­mum Satisfaction.

1238. The price to book value ratio tends to be close for_____________.

high-tech companies
banks
utilities
service companies
✅ The correct answer is B.
The price to book value ratio tends to be close for banks. Price-to-book value (P/B) is the ratio of market value of a company’s shares (share price) over its book value of equity. The book value of equity, in turn, is the value of a company’s assets expressed on the balance sheet.

1239. The virus that are attached with vb and java files are called.

Macro
Trojan horse
Script virus
None of the above
✅ The correct answer is C.
The virus that are attached with vb and java files are called Script virus. A Script Virus is spread via webpages and has several properties such as being easy to program, malicious, and highly infectious. Even if you are a rookie programmer you can create a new type of Script Virus in a short time.

1220. Utility is more closely related to the term

Useful
Useless
Necessary
Satisfaction
✅ The correct answer is D.
Utility is more closely related to the term Satisfaction. The term was introduced initially as a measure of pleasure or satisfaction within the theory of utilitarianism by moral philosophers such as Jeremy Bentham and John Stuart Mill.

1224. An additional desired compensation by investors for assuming an additional risk on investment is classified as

risk premium
investor premium
additional premium
assumed premium
✅ The correct answer is A.
An additional desired compensation by investors for assuming an additional risk on investment is classified as risk premium. A risk premium is the return in excess of the risk-free rate of return an investment is expected to yield; an asset’s risk premium is a form of compensation for investors who tolerate the extra risk, compared to that of a risk-free asset, in a given investment.

1228. A Local Authority is preparing cash Budget for its refuse disposal department. Which of the following items would not be included in the cash budget?

Capital cost of a new collection vehicle
Depreciation of the machinery
Operatives wages
Fuel for the collection Vehicles
✅ The correct answer is B.
A Local Authority is preparing cash Budget for its refuse disposal department. Depreciation of the machinery would not be included in the cash budget. Depreciation is not a cash item and would be excluded from the cash budget.
Scroll to Top