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NEW QUESTION: 1
For the forthcoming period, the number of units of product L produced must be no more than four times the number of units of product M produced.
The equation to represent this constraint in a linear programming exercise is:
A. 4L < M
B. L < 4M
C. L > 4M
D. 4L > M
Answer: B
NEW QUESTION: 2
R acquired a property by way of gift from his father in the previous year 1991-92 when its FMV was Rs. 3 lakh. The father had acquired the property in the previous year 1983-84 for Rs. 2 lakh. This property was introduced as capital contribution to a partnership firm in which R became a partner on 10/06/2011. The market value of the asset as on 10/06/2011 was 10 lakh, but it was recorded in the books of account of the firm at Rs. 8 lakh. Compute the capital gain chargeable in the hands of R.
A. Rs. 11,055/
B. Nil
C. Rs. 7,040/
D. Rs. 3,075/
Answer: A
NEW QUESTION: 3
Variable life insurance is:
A. Flexible life insurance
B. Temporary life insurance
C. Permanent life insurance
D. None of these
Answer: C
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