Correct Answer: Lower brokerage fees
 

Solution : The correct answer is (a) Lower brokerage fees

The primary advantage of dematerialization for investors is lower brokerage fees. Dematerialization is the process of converting physical share certificates into electronic form, enabling shares to be held in demat accounts. With shares in dematerialized form, investors experience cost savings in terms of lower brokerage fees for trading and transactions. Handling electronic transactions is more efficient and cost-effective compared to managing physical share certificates, leading to reduced brokerage charges for investors. This has been one of the key benefits of dematerialization in modern securities trading.

Correct Answer: Full employment equilibrium and over full employment equilibrium.

Solution :

Hence, Option D is correct.

Correct Answer: The reports may be biased or incomplete  

Solution : A challenge historians face when using town plan reports is that the reports may be biased or incomplete, which can affect the accuracy of the historical reconstruction.

Correct Answer: Strategic locations

Solution : Correct Option: 3
Explanation: Historians have analyzed the forts of Vijayanagar for their strategic locations, which were chosen to provide natural defenses and control key trade routes.

Correct Answer: Contract of employment 

Solution : After the candidate accepts the job offer a written contract of employment is made between the employer and the candidate the contract is known as the contract of employment. 

Hence, option C is correct.

Correct Answer: Assertion (A) is correct but Reason (R) is not correct.

Solution : Answer = Assertion (A) is correct, but Reason (R) is not correct.

The assertion correctly states that a partnership firm can have a minimum of two partners, which is prescribed by the Partnership Act 1932. However, the reason incorrectly suggests that the maximum limit of partners is also prescribed in the same act. In reality, there is no maximum limit on the number of partners specified in the Partnership Act 1932. Therefore, assertion (A) stands true on its merit, but reason (R) is incorrect.
Hence, the correct option is 3.

Correct Answer:  Credited, debited 

Solution : Answer =  Credited, debited 

When there's a change in profit-sharing ratio, the sacrificing partner's capital decreases, so they are credited. The gaining partner's capital increases, so they are debited. This adjustment reflects the redistribution of goodwill.
Hence, the correct option is 1.

Correct Answer: Setting customer service standards.

Solution : The correct answer is (a) Setting customer service standards.

The first step for IJK Retail in the process of controlling would be to set customer service standards. This involves defining clear and specific expectations for the level of customer service that the company aims to provide across all its retail outlets. These standards serve as benchmarks against which actual performance can be measured and evaluated. Once the standards are established, IJK Retail can then proceed with the subsequent steps of the controlling process, including measuring customer satisfaction, comparing performance to standards, and taking corrective action if necessary.

Correct Answer: Assertion is true, but the reason is false.

Solution : The correct answer is (c) Assertion is true, but the reason is false.

Equity shares do not have any fixed dividend obligations. This means that companies are not obligated to pay dividends to equity shareholders. However, if a company does decide to pay dividends, equity shareholders are typically the last group of shareholders to receive dividends. This is because preference shareholders have a preferential right to receive dividends.

Despite the fact that equity shareholders receive dividends after preference shareholders, equity shares still have the potential to provide higher returns to shareholders. This is because equity shareholders have the potential to benefit from capital appreciation. Capital appreciation is the increase in the price of a company's stock.

The reason for the assertion is false because equity shareholders do not receive preferential treatment in dividend distribution. In fact, equity shareholders are typically the last group of shareholders to receive dividends, if at all.

The assertion is true because equity shares have the potential to provide higher returns to shareholders due to the absence of fixed dividend obligations. This means that companies are not obligated to pay dividends to equity shareholders, which frees up more cash that can be reinvested in the business or used to pay down debt. This can lead to higher growth and profitability, which can ultimately lead to higher stock prices and higher returns for equity shareholders.

Correct Answer: 6.6 Times

Solution : By dividing the cost of items by the average inventory for the same time period, the inventory turnover ratio is derived. A greater ratio typically denotes good sales while a lower ratio generally denotes dismal sales.

Explanation:

cost of goods sold

_____________

AVG stock

Cost of goods sold = Purchase + Wages - Carrige = 600000 + 200000 + 25000 = 825000

 Avg. Stock = (Opening inventory + Closing Inventory) / 2

                   = (100000 + 150000) / 2

                    = 125000

Hence the inventory turnover ratio is = 825000 / 125000

                                                          = 6.6 Times

Hence the correct answer is option 4.