Question : Which of the following statement is correct?
Statement 1: If the number of buyers is large then it is better to take the services of middleman for the distribution of the goods.
Statement 2: Buyers can  be of two types general buyers and industrial buyers.

Option 1: Both are true 

Option 2: Both are false

Option 3: Statement 1 is true and statement 2 is false.

Option 4: Statement 1 is false and statement 2 is true.

Question : _______________ causes the general price level to rise (also known as inflation) in the economy.
 

Option 1: Excess demand
 

Option 2: Deficient demand
 

Option 3: Excess supply
 

Option 4: Deficient supply 
 

Question : Choose which of the following statements is true?

Option 1: Debentures Redemption Reserve is set aside by a company out of amount available for payment of dividend.

Option 2: General Reserve can be transferred to Debentures Redemption Reserve.

Option 3: Both 1 and 2

Option 4: None of the Above 

Question : Assertion: Policies provide guidelines for decision-making in specific situations.

Reason: Policies are general and do not cover specific situations.

Option 1:

Both assertion and reason are correct, and the reason is a correct explanation.

Option 2: Both assertion and reason are correct, and the reason is not correct explanation.    

Option 3: Assertion is false, but the reason is correct.

Option 4: Assertion is correct, but the reason is false.

Question : Assertion (A): Literacy is a part of education, which is a more general idea.
Reason (R): If a person can read and write in any language, they are said to be literate. A person is considered educated if he or she can work and make a living.

Option 1: Both Assertion (A) and Reason (R) are true and Reason (R) is the correct explanation
of Assertion (A).

Option 2: Both Assertion (A) and Reason (R) are true and Reason (R) is not the correct explanation
of Assertion (A).

Option 3: Assertion (A) is true but Reason (R) is False

Option 4: Assertion (A) is False but Reason (R) is true.