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Exam Year: 1999

  • From the balance sheet of a company, it is possible to

    (a)

    judge the extent of profitability of the company

    (b)

    assess the profitability and size of the company

    (c)

    determine the size and composition of the assets and liabilities of the company

    (d)

    determine the market share, debts and assets of the company

    Correct Answer:

  • One consistent feature found in the history of southern India was the growth of small regional kingdoms rather than large empires because of

    (a)

    the absence of minerals like iron

    (b)

    too many divisions in the social structure

    (c)

    the absence of vast areas of fertile land

    (d)

    the scarcity of manpower

    Correct Answer:

    (c)