Correct Answer: Rs 8,800

Solution : Answer = Rs 8,800

M.commission=$88000 \times \frac{10}{100}$=8,800.
Hence, the correct option is 4.

Correct Answer: The ability to combine or synthesize ideas in novel ways

Solution : Correct Option: Option 3
Explanation: Creativity often involves the ability to combine or synthesize ideas, concepts, or elements in novel and original ways, leading to innovative solutions or creations.

Correct Answer: An inferior good.

Solution : The correct answer is (b) an inferior good.

Inferior goods are goods for which demand decreases as income increases. When the income elasticity of demand for a good is negative, it indicates that as people's income rises, they tend to consume less of that particular good and switch to higher-quality alternatives. Examples of inferior goods may include generic or store-brand products, lower-quality goods, or lower-priced alternatives.

Correct Answer: Southeast Asia

Solution : The correct answer is (c) Southeast Asia.

The "Look East" policy, initiated in the 1990s, was a strategic shift in India's foreign policy towards Southeast Asia and the broader Asia-Pacific region. It aimed to forge closer ties with countries in Southeast Asia and leverage the economic potential and geopolitical significance of the region.

The policy recognized the increasing importance of Southeast Asia as a hub of economic activity, trade, and investment. It sought to enhance India's economic engagement, promote bilateral and multilateral trade agreements, and deepen political and cultural ties with countries in the region.

The policy was later expanded to the "Act East" policy, emphasizing more comprehensive engagement with Southeast Asia and the Asia-Pacific region. It encompassed a broader range of areas, including defense and security cooperation, people-to-people exchanges, and strategic partnerships.

Correct Answer: Reduced risk of fraud
 

Solution : The correct answer is (b) Reduced risk of fraud

The primary benefit of opening a demat account for trading securities is the reduced risk of fraud. A demat account holds your securities in an electronic or dematerialized form, eliminating the need for physical share certificates. This reduces the risk of theft, loss, forgery, or other fraudulent activities associated with paper-based securities. Additionally, dematerialization ensures that ownership and transactions related to securities are securely and accurately recorded, minimizing the risk of fraud and providing a more secure and efficient way to hold and trade securities.

Correct Answer: Only B true

Solution : Human Capital Formation is an ongoing and continuous process.
The funds allotted for the development of human capital have been far less than those needed to meet the nation's needs for health and education. The facilities for the development of human capital have remained woefully deficient as a result.
Hence option b correct.

Correct Answer: Deceased Partner’s  Capital A/c ...Dr.

To Profit and Loss Suspense A/c

Solution : Answer = Deceased Partner’s  Capital A/c Dr.

To Profit and Loss Suspense A/c

In case of loss of profit and loss, suspense accounts will be credited and the deceased partners' capital will be debited.
Hence, the correct option is 1.

Correct Answer: All of the above are correct.

Solution : India has a variety of issues with the development of human capital. These are listed below:
i. Growing Population: The growing population puts strain on the finite resources that are available. In other words, it decreases the number of amenities like housing, sanitization, education, power supply, etc. that are available per person.
ii. Brain Drain: People migrate from one place to another in search of better job opportunities and handsome salaries. This puts a serious threat to the process of human capital formation.
iii. Low Academic Standards: In order to spread education, various educational institutions are opening up regardless of the deficiency in their standards.
iv: Improper Man Power Planning: India lacks proper man power planning. No major efforts have been taken to maintain the
demand-supply balance of the rising labor force
Hence option d is the correct answer.

Correct Answer: Only A and B

Solution : Regarding rural development, there are three main obstacles to overcome: fostering economic growth, creating amenities to suit social requirements, and finally fostering a shift in perspective on issues pertaining to society, culture, and thought patterns.
It does not include employment.
Hence option b is the correct answer.

Correct Answer: Adoption of democratic institutions

Solution : A feature of modernization in Indian society is the adoption of democratic institutions, which reflects a move towards more egalitarian and participatory governance.