Author name: Administrator

851. The standard of living of workers depends upon their

Nominal wages
Real wages
Average product
Government policy
✅ The correct answer is B.
The amount of goods and services which the labourer actually gets is called his real wages. The standard of living and the prosperity of a labourer depend not on his money wages but on his real wages.

852. The most common and easily understood type of Net marketplace is ______.

e-procurement marketplace
e-distributors
industry consortia
independent exchanges
✅ The correct answer is B.
The most common and easily understood type of Net marketplace is e-distributors. is a type of distribution that uses purely electronic media. It is often interpreted as the buying or selling of services or goods over a public network without the physical media; this is usually done by downloading from the Internet to the consumer’s electronic device.

75. Which of the following is not an item of revenue expenditure?

Interest on deposits accepted
Annual insurance premium on inventory
Customs duty paid in connection with the import of equipment
Repairs and maintenance on machinery
✅ The correct answer is C.
Customs duty paid in connection with the import of equipment is not an item of revenue expenditure. Customs duty paid on import of raw materials. It is capital expenditure.

855. New York Stock Exchange and Nada stock market are classified as types of

primary stock market
equity market
secondary stock market
public offering market
✅ The correct answer is C.
New York Stock Exchange and Nada stock market are classified as types of secondary stock market. The secondary market is where investors buy and sell securities they already own. It is what most people typically think of as the “stock market,” though stocks are also sold on the primary market when they are first issued.

839. In the e-commerce security environment, which of the following constitutes the inner-most layer?

people
data
technology solutions
organizational policies and procedures
✅ The correct answer is B.
In the e-commerce security environment, data constitutes the inner-most layer. E-Commerce security refers to the principles which guide safe electronic transactions, allowing the buying and selling of goods and services through the Internet, but with protocols in place to provide safety for those involved.

841. Which one is not a assumption of the theory of demand based on analysis of indifference curves?

Given scale of preferences as between different combinations of two goods
Diminishing marginal rate of substitution
Constant marginal utility of money
Consumers would always prefer more of a particular good to less of it, other things remaining the same
✅ The correct answer is C.
Constant marginal utility of money is not a assumption of the theory of demand based on analysis of indifference curves. An indifference curve is a graph that shows a combination of two goods that give a consumer equal satisfaction and utility, thereby making the consumer indifferent.

833. Risk free rate is subtracted from expected market return is considered as

country risk
diversifiable risk
equity risk premium
market risk premium
✅ The correct answer is C.
Risk free rate is subtracted from expected market return is considered as equity risk premium. Equity risk premium refers to the excess return that investing in the stock market provides over a risk-free rate.
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