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20 people visit three Scandinavian countries during vacation, namely Denmark, Sweden, and Norway. Each person visits at least one place and 2 people visit all three places. 1, 2, 3 is the number of persons who visit both Sweden, Norway but not Denmark; Norway, Denmark but not Sweden; and Sweden, Denmark but not Norway respectively. 4 people visit only Sweden and 3 people visit only Denmark. So, what is the total number of persons who visit Norway?
Two countries Sweden and Spain are participating in a Baseball game. Mr. Ravi, the famous astrologer in Sweden is able to predict the winner of each match with great success. It is rumored that in a match between 2 teams J and K, Ravi picks J with the same probability as J's chances of winning. Let's assume such rumors to be true and that in a match between Sweden and Spain, Sweden the stronger team has a probability of 6/10 of winning the game. What is the probability that Ravi will correctly pick the winner of the Sweden - Spain game?
Arrange the following steps of 'adjustment of old partners' capital on the basis of incoming partner's capital in a correct order.
1. Ascertain the present capital of the old partners.
2. Calculation of total capital of firm on the basis of new partner's capital.
3. Finding the surplus/deficit capital.
4. Determining the new capital of each partner.
Select the correct answer:
When labour is plotted on X-axis and capital is plotted on Y-axis and an iso-quant is prepared, then which of the following statements is/are false ? (a) Marginal rate of technical substitution of labour for capital is equal to the slope of the iso-quant. (b) Marginal rate of technical substitution of labour for capital is equal to change in the units of capital divided by the change in the units of labour. (c) Marginal rate of technical substitution of labour for capital is the ratio of marginal productivity of capital to marginal productivity of labour.
When labour is plotted on X-axis and capital is plotted on Y-axis and an isoquant is prepared, then which of the following statement(s) is/arefalse?
1. Marginal rate of technical substitution of labour for capital is equal to the slope of the iso-quant.
2. Marginal rate of technical substitution of labour for capital is equal to change in the units of capital divided by the change in the units of labour.
3. Marginal rate of technical substitution of labour for capital is the ratio of marginal productivity of capital to marginal productivity of labour.
Which prime minister of Sweden contributed to a referendum (passed in 1980) to remove all nuclear reactors in Sweden?
Consider the following statements regarding human capital and physical capital 1. Physical capital is tangible whereas human capital is intangible. 2. Human capital benefits both the owner and society. Which of the statements given above is/are correct?
Which of the following rules stands true while preparing a schedule of changes in working capital? (A) An increase in current assets increases working capital (B) An increase in current assets decreases working capital (C) An increase in current liabilities decreases working capital (D) An increase in current liabilities increases working capital Choose the most appropriate answer from the options given below:
Dravid started his business with a capital of $20,000 in 2016 and he invested additional 20% of his initial capital in 2017, where his friend Sehwag joined him with a capital of $20,000. In 2018 both has invested an additional amount of 30% of their initial capital and their friend Ganguly joined them with a capital of $10,000. Find the share of Sehwag, if at the end of 2018, the total profit earned by them is $2,75,000?
Which of the following statements are false ? Indicate the correct code. (a) Share capital issued by a company for the first time is known as venture capital. (b) All Venture Capital Funds in India are promoted by the Government. (c) In addition to capital, venture capitalists provide managerial and technical support also to the assisted firms. (d) Benefits from venture capital financing can be realised in long run only.