Question : Let's say you earn Rs. 40,000 a month from your job at a bank. Assume you also receive the following two job offers: (a) an executive position paying Rs. 30,000 per month; or (b) a journalist position paying Rs. 35,000 per month. The opportunity cost of working in a bank in the example provided is ____.

Option 1: Rs.35,000

Option 2: Rs.30,000

Option 3: Rs.40,000

Option 4: Rs.1,05,000

Question : There were contingent liabilities from B/R received from Ashok for Rs 40,000 and discounted with the bank. Ashok became insolvent, and 75 paise in rupee were received from his estate. How much amount will be debited/credited to realization?

Option 1: Debit Rs 20,000, Credit Rs 15,000

Option 2: Credit Rs 20,000, debit Rs 15000

Option 3: Debit Rs 40,000

Option 4: None of the above

Question : There were contingent liabilities from B/R received from Ashok for Rs 40,000 and discounted with the bank. Ashok became insolvent, and 75 paise in rupee were received from his estate. How much amount will be debited/credited to realization?

Option 1: Debit Rs 20,000, Credit Rs 15,000

Option 2: Credit Rs 20,000, debit Rs 15000

Option 3: Debit Rs 40,000

Option 4: None of the above

Question : Which of the following transactions will result into inflow of cash?

Option 1: issued Rs.20,000, 9% Debentures to the vendor of machinery

Option 2: Deposited cheques of Rs.10,000 into bank

Option 3: Cash withdrawn from bank Rs.20,000.

Option 4: Received Rs.19,000 from debtors

Question : A man borrowed Rs. 50,000 from a bank at 10% per annum, compounded annually. At the end of every year, he pays Rs. 15,000 as part payment of the loan and interest. How much does he still owe to the bank after three such instalments?

Option 1: Rs. 16,900

Option 2: Rs. 15,800

Option 3: Rs. 15,200

Option 4: Rs. 16,200