Tejas Desai

EduRev Commerce

Tejas Desai
EduRev Commerce
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Discussed Questions
Tejas Desai upvoted   •  4 weeks ago

In which year Indian National Congress wasfounded?
  • a)
    1857
  • b)
    1885
  • c)
    1947
  • d)
    1950
Correct answer is option 'B'. Can you explain this answer?

Notes Wala answered
Indian National Congress: Founding Year
The Indian National Congress, one of the oldest and largest political parties in India, was founded in the year 1885.
Explanation:
The Indian National Congress was founded with the aim of seeking greater representation for Indians in the British administration. Here is a detailed explanation of its founding:... more

Write the difference between Trade Discount & Cash Discount (Any 3)?

Tejas Desai answered  •  Feb 09, 2025
Difference Between Trade Discount & Cash Discount
Trade discount and cash discount are two important concepts in the world of commerce, primarily related to pricing and payment terms. Here are three key differences:
1. Definition
- Trade Discount: This is a reduction in the listed price of goods or services, offered to customers by suppliers. It is usually gran
... more
Tejas Desai upvoted   •  Jan 25, 2025

A company can sell its shares only through___
  • a)
    Only Newspapers
  • b)
    Stock Exchange
  • c)
    Media
  • d)
    Banks
Correct answer is option 'B'. Can you explain this answer?

A company can sell its shares only through stock exchange. Company should be listed in the stock exchange to sell its shares.

Direction: Read the following text and answer the below questions :
Best Textiles Ltd. is a big company. Managing many employees at the same moment is a challenge which this company always faces. Since the company has many departments it is necessary for the company to ensure unity of action among various departments. The various departments are human resources, marketing, finance, operations and sales. The top-level managers coordinate with all middle-level managers. The middle-level managers coordinate simultaneously with top as well as lower-level managers. The lower-level managers coordinate with middle-level managers and the workers. The employees are always concerned about the company and are a useful resource to their organisation. Though they have diverse interests and have to perform different activities, the management ensures that the efforts of the employees should be given a focus so as to achieve the organisational goals.
The different departments have their own interests but due to proper coordination, conflict of interest between departments is minimized to zero. When it comes to the employees, the organisation shows its concern. The career of employees is shown a developmental path through proper training modules and job enrichment. Sanjeev is a manager who takes care of all the duties and responsibilities to be assigned to his employees in the department. He uses all sources to develop a proper communication with them and leaves no attempt to motivate them. This year the company has decided to give the best manager award to Sanjeev for his contribution to the organisation.
At which level of management does Sanjeev work?
... more

Tejas Desai answered  •  Jan 03, 2025
Understanding Sanjeev's Management Level
Sanjeev is identified as a manager responsible for overseeing his department's duties and responsibilities. To determine his management level, we can analyze his role and responsibilities within the organizational hierarchy.
Key Points About Management Levels:
- Top-Level Management:
- Responsible for overall strat
... more
Tejas Desai asked   •  Dec 10, 2024

If mean = (3 median – mode) x , then the value of x is
  • a)
    1
  • b)
    1/2
  • c)
    3/2
  • d)
    2
Correct answer is option 'B'. Can you explain this answer?

Nipun Tuteja answered
We are given the relationship:
Mean=(3⋅Median−Mode)⋅x
Step 1: Recall the empirical relationship
The empirical relationship between the mean, median, and mode is:
Mode=3⋅Median−2⋅Mean
Step 2: Compare the given formula with the empirical relationship
Rewriting the empirical formula for the mean:

Compare this with the given formula:
Mean=(3⋅Median−Mode)⋅x
Equating the two expressions for the mean:

Step 3: Solve for x
Cancel 
3⋅Median−Mode (non-zero):

Chapter 3 market assessment
5) factors involved in demand forecasting?

Tejas Desai answered  •  Dec 01, 2024
Factors Involved in Demand Forecasting
Demand forecasting is crucial for businesses to anticipate customer needs and adjust their strategies accordingly. Here are key factors that influence demand forecasting:
1. Historical Sales Data
- Analyzing past sales trends helps identify patterns and seasonality.
- Consideration of external factors during historical period
... more
Tejas Desai upvoted   •  Nov 03, 2024

When Ap fall and mp also fall but why Mp is less than Ap.?

When AP is rising it is always less than MP and when it is falling it is always greater than MP. MP = AP when AP is at its max. The law of diminishing returns states that as a firm uses more of a variable input without changing the quantity of fixed inputs, the MP of the variable input will eventually decline.

What are cash vouchers?

Tejas Desai answered  •  Oct 22, 2024
What Are Cash Vouchers?
Cash vouchers are financial instruments used as a substitute for cash in transactions. They serve as a form of payment and can be redeemed for goods or services.
Key Features of Cash Vouchers:
  • Definition: A cash voucher represents a specific monetary value that can be used to make purchases or settle debts.
  • Types: ... more
  • Issuers: Typically issued by retailers, businesses, or financial institutions as part of promotional offers or customer loyalty programs.
  • Expiration Dates: Most cash vouchers have an expiration date by which they must be redeemed.

How Cash Vouchers Work:
  • Redemption: Customers can present cash vouchers at participating retailers or service providers to receive goods or services equivalent to the voucher value.
  • Non-Transferable: Some vouchers may be non-transferable, meaning they can only be used by the person to whom they were issued.
  • Partial Redemption: Many vouchers allow for partial redemption, enabling users to utilize them for transactions less than their total value.

Advantages of Cash Vouchers:
  • Budgeting Tool: Helps consumers manage spending by limiting purchases to the voucher amount.
  • Gift Options: Ideal for gifting, allowing recipients to choose their desired items or services.
  • Promotional Use: Businesses can use vouchers to attract new customers or incentivize repeat business.

In summary, cash vouchers are a versatile payment method that benefits both consumers and businesses through their ease of use and promotional potential.

The growth in the index of industrial production (IIP) fell to 1.7 per cent in January compared with 7.5 per cent a year ago. The growth fell because of a subdued performance by the manufacturing sector, especially capital and consumer goods. The growth was also lower on a sequential basis from 2.4 per cent in December to 1.7 per cent in January, according to CSO data.
Manufacturing output expanded 1.3 per cent on a yearly basis, mining grew 3.9 per cent and electricity generation rose 0.8 per cent in January. Electricity had grown 7.6 per cent in the year-ago period. Rating agency CARE said lower growth in manufacturing was expected because of a high base effect. Besides, production was less because of a higher stock built-up from the second quarter as demand did not materialise fully in the third quarter.
CARE expects IIP growth for the year "to be around 5 per cent from 4.4 percent cumulative till January. While base effect will be there, it will diminish in size as companies also expand on production to meet annual targets". Data showed 11 of the 23 industry groups in the manufacturing sector witnessed positive growth.
However, furniture and paper products, excluding machines and equipment, declined the most. The production of infrastructure goods rose 7.9 per cent compared with 10.1 per cent in December. The output of intermediate goods contracted 3 per cent in January compared with a 5.4 per cent rise in the year-ago period.
Consumer as well as non-consumer durables output rose 1.8 per cent compared with a 7.6 per cent rise in January 2018. IIP growth stood at 4.4 per cent compared with 4.1 per cent in the same period a year ago.
Economic growth slowed to a five-quarter low of 6.6 per cent in the October-December period. The government estimate for the financial year ending this month has been revised down to a five-year low of 7 per cent from 7.2 percent. The IIP numbers come ahead of the RBI's monetary policy statement on April 4 and may increase the clamour for a cut in interest rates to boost economic activity.
Q. Out of the following options, which one is an appropriate title of the given passage?
... more

Tejas Desai answered  •  Apr 18, 2024
Indias industrial output dips
Understanding the key points of the passage:
- The growth in the index of industrial production (IIP) fell to 1.7 per cent in January compared with 7.5 per cent a year ago.
- The growth fell because of a subdued performance by the manufacturing sector, especially capital and consumer goods.
- Manufacturing output expanded 1.3 per cent on a y
... more

The growth in the index of industrial production (IIP) fell to 1.7 per cent in January compared with 7.5 per cent a year ago. The growth fell because of a subdued performance by the manufacturing sector, especially capital and consumer goods. The growth was also lower on a sequential basis from 2.4 per cent in December to 1.7 per cent in January, according to CSO data.
Manufacturing output expanded 1.3 per cent on a yearly basis, mining grew 3.9 per cent and electricity generation rose 0.8 per cent in January. Electricity had grown 7.6 per cent in the year-ago period. Rating agency CARE said lower growth in manufacturing was expected because of a high base effect. Besides, production was less because of a higher stock built-up from the second quarter as demand did not materialise fully in the third quarter.
CARE expects IIP growth for the year "to be around 5 per cent from 4.4 percent cumulative till January. While base effect will be there, it will diminish in size as companies also expand on production to meet annual targets". Data showed 11 of the 23 industry groups in the manufacturing sector witnessed positive growth.
However, furniture and paper products, excluding machines and equipment, declined the most. The production of infrastructure goods rose 7.9 per cent compared with 10.1 per cent in December. The output of intermediate goods contracted 3 per cent in January compared with a 5.4 per cent rise in the year-ago period.
Consumer as well as non-consumer durables output rose 1.8 per cent compared with a 7.6 per cent rise in January 2018. IIP growth stood at 4.4 per cent compared with 4.1 per cent in the same period a year ago.
Economic growth slowed to a five-quarter low of 6.6 per cent in the October-December period. The government estimate for the financial year ending this month has been revised down to a five-year low of 7 per cent from 7.2 percent. The IIP numbers come ahead of the RBI's monetary policy statement on April 4 and may increase the clamour for a cut in interest rates to boost economic activity.
Q. Out of the following options, which one can be inferred from the passage?
... more

Tejas Desai answered  •  Apr 18, 2024
Reasoning:
The passage discusses the recent slowdown in industrial production growth in India, particularly in the manufacturing sector, and its implications for the overall economy.

Implication of a cut in interest rates:
- The passage suggests that there may be an increased demand for a cut in interest rates to stimulate economic activity.
- Lower interest
... more

A large number of the branches of banks have been set up in the villages. The main purpose of setting up these banks is to develop the habit of saving among the villagers and also gives loans to the farmers for boosting the production in one or the other way. So far the banks had been concentrated in the big cities and Indian villagers had no faith in them. The new banks also intend re-channelling bank credit from the big industries to small sectors. With the intention to promote rural banking, Regional Rural Banks were established. These combined the local field with the rural problems. These banks are not to replace the other credit giving bodies but to supplement them.
The Steering Committee of the Regional Rural Banks considered some structural changes. First of all they gave thought to the staffing spectrum then to effective coordination among banks- rural cooperatives and commercial-and the possibility of bringing credit within the access of weaker sections. They wanted to recruit the staff for the rural banks at lower salaries. But this type of discrimination would have been dangerous. So it was given up.
Another problem with regard to the rural banks is the creditworthiness of the poor. Indian farmers are so poor that they cannot pay back their loans. The rural Indian surveys it quite clear that practically they have no credit worthiness. Their socio-economic mobility is almost zero. Long ago in Ranchi the Government experimented with the idea of advancing loan but the experiment failed, that is why the banks used to fear that their credit would never be paid back.
Another difficulty for the rural banks is that loans cannot be so easily processed. Processing loans will also entail heavy expenditure. This is also going to affect their financial position. Still the establishment of the rural banks has been decided because the social advantages are more important than the commercial consideration.
Rural banks will definitely encourage savings. It is not the proper time to mop up the rural surplus. No doubt villages do not have to pay income tax and they get many other concessions, yet their saving is not significant. Beside all these hurdles rural banking system will boost up the economy of villages, and so the economy of the country.
Q. How will the RRBs help in the economy of the country?
... more

Tejas Desai answered  •  Apr 18, 2024
Boosting the Economy of Villages through RRBs

1. Providing Access to Financial Services:
Regional Rural Banks (RRBs) play a crucial role in providing financial services to the rural population who were previously underserved by traditional banks. This access to banking services allows villagers to save money, take loans for agricultural activities, and invest in small
... more

The compound C5H13N is optically active and reacts with HNO2 to give an alcohol C5H11OH Hence, the compound is
  • a)
    2-aminopentane
  • b)
    N-methyl butanamine
  • c)
    N, N-dimethyl propanamine
  • d)
    1-amino pentane
Correct answer is option 'A'. Can you explain this answer?

Tejas Desai answered  •  Apr 18, 2024
Explanation:

Optical activity:
- The compound C5H13N is optically active, meaning it can rotate the plane of polarized light.
- This suggests the presence of a chiral center in the molecule.

Reaction with HNO2:
- When C5H13N reacts with HNO2, it undergoes a substitution reaction to give an alcohol C5H11OH.
- This reaction indicates the
... more

Why is operations manager includes in middle level management?

Tejas Desai answered  •  Apr 18, 2024
Operations Manager in Middle Level Management
Operations managers are considered part of middle-level management for several reasons:

Bridge Between Top Management and Frontline Workers
Operations managers serve as a crucial link between top management and frontline employees. They are responsible for implementing the strategies and decisions made by senior manag
... more

A condensation polymer among the following is:
  • a) 
    Teflon
  • b) 
    Dacron
  • c) 
    Polystyrene
  • d) 
    PVC
Correct answer is option 'B'. Can you explain this answer?

Tejas Desai answered  •  Apr 18, 2024
Condensation Polymer: Dacron
Condensation polymerization is a type of polymerization where monomers join together, releasing small molecules as byproducts. Dacron is a condensation polymer that is commonly known as polyester.

Key Points:
- Dacron is formed by the condensation reaction between ethylene glycol and terephthalic acid.
- The reaction produces wat
... more
Tejas Desai asked   •  Mar 09, 2024

Directions: In the following passage, there are blanks, each of which have been numbered. These numbers correspond to the question numbers; against each question, five words have been suggested, one of which fills the blanks appropriately.
India’s ‘water crisis’ took over social media recently. Usually, a delayed monsoon or a drought,
__A__
with compelling images of parched lands and queues for water in urban areas raise an alarm in the minds of the public. Similarly, episodes of inter-State river water disputes catch public attention.
__B__
, this time, it was somewhat different. Videos and news reports claiming that Indian cities are running out of groundwater went viral. These news items could not have gained the traction but for the fact that they
__C__
on a 2018 report of India’s own Niti Aayog, which was titled ‘Composite Water Management Index: A tool for water management.’

The Niti Aayog’s projection was only a means to an end goal: leveraging some
__D__
from the Indian States. The report’s central goal was to propose a tool, an index, to monitor the States’ water resource management strategies and provide the necessary course-shift, beyond supply augmentation approaches. The report may have had a lofty goal of promoting ‘cooperative and competitive federalism’ but was, in reality, a desperate move to engage with the States, in the absence of any
__E__
leverage to influence their approaches to water resources management. This also
__F__
that the fulcrum of any course correction lies with States.

Yet, what
__G__
us is the question: Just how did such ‘zombie statistics’ gain traction? This is disturbing as it shows there is an absence of
__H__
engagement or institutional accountability. India needs to reconsider the institutional processes for dissemination of knowledge
__I__
water resource management. There is a certain amount of danger inherent in the casual manner
__J__
which knowledge about water resources is legitimised and consumed, particularly in these days of ‘viral’ information.
H
... more

The author states that there is no analysis of the information being spread and people believe what they read. ‘Critical’ here refers to this analysis and is the correct answer.
Hence, option B is correct.

Tejas Desai asked   •  Dec 29, 2023

The inventor of Potato chips is :
  • a)
    Wilhem Roentgen
  • b)
    Percy Spencer
  • c)
    Sir Alexander Fleming
  • d)
    George Crum
Correct answer is option 'D'. Can you explain this answer?

The inventor of Potato chips is George Crum.
The invention of potato chips is credited to George Crum, a Native American chef who worked at Moon's Lake House in Saratoga Springs, New York, during the mid-1800s. The story goes that the invention of potato chips was an accidental creation resulting from a customer's complaint about the thickness of their fried potatoes. Here is a detaile
... more

Tejas Desai asked   •  Sep 15, 2023

What is the primary prerequisite for an activity to be classified as a business activity?
  • a)
    It must involve significant capital investment.
  • b)
    It should be undertaken for profit.
  • c)
    It must be related to the production of goods.
  • d)
    It should have a large number of employees.
Correct answer is option 'B'. Can you explain this answer?

Rohini Desai answered
To be classified as a business activity, the primary prerequisite is that it should be undertaken for profit. While capital investment and production of goods are important aspects of business activities, the ultimate goal is to generate a profit.

Tejas Desai asked   •  Aug 02, 2023

Can I pursue a career in Commerce without studying Mathematics in Class 12?

Can I pursue a career in Commerce without studying Mathematics in Class 12?

Yes, it is possible to pursue a career in Commerce without studying Mathematics in Class 12. While Mathematics is commonly considered as a core subject for Commerce, it is not mandatory for all career paths within the field. Here are some key points to consider:

1. Basic Mathematics Skills:<
... more

Tejas Desai asked   •  Jul 29, 2023

How can I manage time effectively while preparing for Class 12 Commerce exams?

Managing Time effectively while preparing for Class 12 Commerce exams:

Preparing for Class 12 Commerce exams can be a challenging task, but with effective time management techniques, you can make the most out of your study sessions. Here are some strategies to help you manage your time effectively:

Create a Study Schedule:
- Begin by creating a study schedu
... more

Tejas Desai asked   •  May 08, 2023

Which state has the lowest sex ratio in India?
  • a)
    Uttar Pradesh
  • b)
    Punjab
  • c)
    Haryana
  • d)
    Kerala
Correct answer is option 'C'. Can you explain this answer?

Introduction

The state of Haryana has the lowest sex ratio in India. The sex ratio is a demographic indicator that shows the number of females per 1000 males in a given population. A lower sex ratio indicates a higher prevalence of gender imbalance, usually resulting from a preference for male children and discrimination against females.

Reasons for the low sex ratio in Haryana
... more

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