Comprehension
Based on following case study answer the question:
| Wages and salaries in cash | ₹5,000/- |
| Mixed Income of self employed | ₹3,500/- |
| Rent | ₹4,000/- |
| Corporate Profit Tax | ₹2,000/- |
| Dividend | ₹1,000/- |
| Employees contribution to provident fund | ₹500/- |
| Wages and salaries in kind | ₹2,000/- |
| Employer's contribution to social security schemes | ₹3,000/- |
| Corporate savings | ₹1,500/- |
| Net factor income from Aboard | (-) ₹200 |
Question: 1
What will be compensation of employees?
What will be compensation of employees?
Updated On: Mar 12, 2025
- Wages and salaries in cash + Rent + Dividend
- Wages and salaries in cash + Wages and salaries in kind + Employees contribution to provident fund
- Wages and salaries in cash + Wages and salaries in kind + Employer's contribution to social security schemes
- Mixed Income + Rent + Corporate Profit tax
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The Correct Option is C
Solution and Explanation
The correct option is (C) :Wages and salaries in cash + Wages and salaries in kind + Employer's contribution to social security schemes
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Question: 2
The components of operating Surplus:
The components of operating Surplus:
Updated On: Mar 12, 2025
- Rent+Dividend +Corporate savings
- Mixed Income + Dividend + Rent
- Rent+Dividend +Corporate savings + Corporate profit Tax
- Rent+Dividend +Corporate profit tax
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The Correct Option is C
Solution and Explanation
The correct option is (C) : Rent+Dividend +Corporate savings + Corporate profit Tax
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Question: 3
The components of profit are:
The components of profit are:
Updated On: Mar 12, 2025
- Mixed income + Rent + Corporate saving
- Dividend + Corporate saving + Rent
- Dividend +Corporate saving +Corporate profit tax
- Dividend +Corporate saving + Mixed income
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The Correct Option is C
Solution and Explanation
The correct option is (C) :Dividend +Corporate saving +Corporate profit tax
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Question: 4
Calculate the value of Domestic Income :
Calculate the value of Domestic Income :
Updated On: Mar 12, 2025
- ₹18,500/-
- ₹22,000/-
- ₹22,500/-
- ₹21,800/-
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The Correct Option is B
Solution and Explanation
The correct option is (B) :₹22,000/-
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Question: 5
Calculate the value of National Income:
Calculate the value of National Income:
Updated On: Oct 18, 2024
- ₹18,500/-
- ₹22,000/-
- ₹22,200/-
- ₹21,800/-
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The Correct Option is D
Solution and Explanation
The correct option is (D) :₹21,800/-
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