Question : What is meant by "Capital Gains"?
Option 1: Part of the profits added to the capital
Option 2: Appreciation in the money value of assets
Option 3: Additions to the capital invested in a business
Option 4: None of these
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Correct Answer: Appreciation in the money value of assets
Solution : The correct answer is appreciation in the money value of assets.
The term " capital gain" refers to the profit or rise in the value of a capital asset when it is sold or transferred for more than its initial purchase price. Stocks, real estate, bonds, collectables, and enterprises can all be capital assets. The difference indicates the capital gain when you sell a capital asset for a higher price than you paid for it.
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Question : The value added of a firm is calculated as___________.
Option 1: value of production of the firm - value of intermediate goods used by the firm.
Option 2: value of production of the firm + value of capital goods used by the firm.
Option 3: value of production of the firm / value of intermediate goods used by the firm.
Option 4: value of production of the firm + value of intermediate goods used by the firm.
Question : A is a working partner and B is a sleeping partner in a business. A invested Rs. 30,000 and B invested Rs. 50,000. A receives 20% of the profit for managing the business and the rest is divided in proportion to their capital. What does B get out of the profit of Rs. 10,000?
Option 1: Rs. 5,500
Option 2: Rs. 5,000
Option 3: Rs. 4,500
Option 4: Rs. 4,000
Question : A, B, and C started a business with their investments in the ratio 1 : 2 : 4. After 6 months A increased his capital by 50% and B invested twice the amount as before, while C withdrew $\frac{1}{4}$th of his investment. The ratio of their profits at the end of the year was:
Option 1: 10 : 5 : 9
Option 2: 5 : 12 : 14
Option 3: 6 : 9 : 17
Option 4: 5 : 14 : 16
Question : Due to which of the following reasons can money be differentiated from other physical assets that can perform the function of store of value?
Option 1: Money has common acceptability
Option 2: Money possesses liquidity
Option 3: Money is neutral
Option 4: Money is easy to store
Question : Finance Commission is appointed by the President of India after every
Option 1: 5 years
Option 2: 6 years
Option 3: 4 years
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