19 June 2011 CPT Questions

Rupee Appreciation:take to currencies dollar and rupee.if dollar is converting in less rupees it means rupee is appreciating

like some years back u observed that 1 dollar=60 Rupees
and now the current exchange rate is 1dlr=40Rs

now 1 dollar is converted into 40 rs....so dollar is deprecating while Rupees is apricaitng

first effects can be seen on the Balance of payments .there will be less negative balance of payments

Want AnyMore Explanation ?

Ohh HOW IT COULD BE Factors FIXED IN LONGRUN    ? ...

Even There Is Separate Usage for Long,Short Run

For Long Run -Return To "Scale"

      Short Run-Return To Variable

In Long Run All Factors Are Variable Thats Why Called Scale Of Change ,May Be Increasing ,Decreasing ,Constant Return To Scale ,Also In Long Run Firm Can Earn Normal Better Profit ,But In Short It May Be Supernormal Profit/Loss

Originally posted by : Shihab Afsar
	Ohh HOW IT COULD BE Factors FIXED IN LONGRUN    ? ... Even There Is Separate Usage for Long,Short Run For Long Run -Return To "Scale"       Short Run-Return To Variable In Long Run All Factors Are Variable Thats Why Called Scale Of Change ,May Be Increasing ,Decreasing ,Constant Return To Scale ,Also In Long Run Firm Can Earn Normal Better Profit ,But In Short It May Be Supernormal Profit/Loss

Hmmmm so wat shud be d ans then?????

hmmm almost my all answers r right.... but still gettng tensed 

Originally posted by : sampathkumar
	HI friends iam sampath i can  provide u with the answers relating to law ok then   02. void ... as the contract entered with the incometent person is void abinitio 03.Unilateral contact 09. An acceptance gets completed when it reches to the knowlede of the offeror ... basically .. we have to analyse it from offeree point of view .. it may be by way of any type of communication .. from the options u provided its was when it reaches to the offerors knowledge ok  Thank u

2) I thought it wl be Valid... since in auction sale the Seller wl not come into picture...I think i was wrong...

luckyman dipak as ur all answers are correct

hi friends how can i get all the questions and answers of last cpt exam,do u have any link for this????????????

dear friends,

i m here attaching a file and highlighted the answers in red which is true to best of my knowledge i am not sure that all the answers are true

dear friends,

i have also checked devaluation, i think it sdhould be both devaluation and appreciation both but there was not that option

GREEN REVOLUTION S ALSO CALLED "WHEAT REVOLVUTION".
 

11QUESTION......IT SHUD B CREDITED

ANS....S

SHARE CAPITAL                     A/C DR

  TO SHARE FOFEITURE         A/C

  TO SHARE ALLOTMENT        A/C

  TO SHARE VARIOUS CALLS A/C

SOFT LENDING ARM  IDA FOR SURE

ECONOMICS AS POSITIVE SCIENCE  "LIONEL ROBBINS"    SURE

it was adam smith nd not lionel robbins...

Originally posted by : ASHOK
	ECONOMICS AS POSITIVE SCIENCE  "LIONEL ROBBINS"    SURE

Ur Ans is wrong ri8 Ans is

Alfred Marshall  "Economics is a study of mankind in the ordinary business of life. It examines that part of individual and social action which is most closely connected with the attainment and with the use of the material requisite of well being"