Related Questions

By which Charter Act, the East India Company's monopoly of trade with China come to an end?
A Charter Act of 1793
B Charter Act of 1813
C Charter Act of 1833
D Charter Act of 1853
The Company's monopoly of Trade was abolished by the Act of
A 1793
B 1813
C 1833
D Pitt's India Act
Despite holding a monopoly, the East India Company had faced competition from what it had termed as the 'interlopers' represented by the
A Portuguese
B Indigenous merchants
C British free merchants
D Dutch
In a world of many trading countries, the trade between two countries need not be balanced for the trade of each to be in global balance. Differing demands and productive capabilities among countries will cause a specific country to have trade deficits with some countries and surplus with other countries. Which of the following statements best summarizes the above?
A A country's trade will always be in balance even though it runs a deficit with a single country.
B A country's trade deficits and surpluses with other countries always balance out.
C A country's global trade balance is a sign of strength or weakness.
D A country's global trade balance is determined by relative demand and productive capabilities.
The United East India Company refers to the company in India formed by the
A Portuguese
B Dutch
C French
D British
Two different companies, X and Y, have the same number of workers. The ratio of the male workers in company X and the male workers in company Y is 2:1 and the ratio of female workers in both company is 4:5.What is the ratio of female workers to the male workers in Company X?
A 1:2
B 2:3
C 3:4
D 1:5
Monopoly is characterized by an absence of or decline in competition . The ABC Company realizes that its operations are in competitive industries. Which of the following conclusions may be inferred from the above ?
A ABC's market is not monopolistic
B Monopoly is defined as one seller in a market
C The ABC Company has no domestic competitors
D The ABC Company is publicly own
Blue Sky Company began the year with a balance in inventory of TK. 110,000 and ended the year with a balance of Tk. 102,000. The net sales for the year were Tk. 983,000 with a gross profit on sales of Tk. 295,000. What was the inventory turnover ratio ?
A 2.78 times
B 9.27 times
C 6.49 times
D 2.89 times
A company has trade debtors at the year-end amounting to Ta. 2,18,000. One of the debtors, value TA. 8,000 is known to be uncontrollable. The company takes a 5% provision for bad debts each year and last year's provision amounted to TA. 2,000 which of the following figures will appear in the profit and loss account as the total bad debt charge for the year?
A TA. 18,900
B TA. 18,500
C TA.16,300
D TA. 10,500
A company has trade debtors at the year-end amounting to TA. 2,18,000. One of the debtors, value TA. 8,000 is known to be noncollectable, The company takes a 5% provision for bad debts each year and last year's provision amounted to TA. 2,000. Which of the following figures will appear in the profit and loss account as the total bad debt charge for the years?
A TA. 18,900
B TA. 18,500
C TA. 16,300
D TA, 10,500

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