Question : A person is looking out for a job. He received 2 job offers: one for Rs.20,000 from HDFC Bank and other offer of Rs.15,000 from SBI Bank. What is the opportunity cost if he accepts the offer of HDFC Bank?
Option 1: Rs.15,000
Option 2: Rs.20,000
Option 3: Rs.35,000
Option 4: None of the above
Correct Answer: Rs.15,000
Solution : Opportunity cost is the cost of next best alternative forgone. Hence, the correct option is 1.
Question : Let's say you earn Rs. 40,000 a month from your job at a bank. Assume you also receive the following two job offers: (a) an executive position paying Rs. 30,000 per month; or (b) a journalist position paying Rs. 35,000 per month. The opportunity cost of working in a bank
Question : There were contingent liabilities from B/R received from Ashok for Rs 40,000 and discounted with the bank. Ashok became insolvent, and 75 paise in rupee were received from his estate. How much amount will be debited/credited to realization?
Question : Which of the following transactions will result into inflow of cash?
Question : Select the most appropriate indirect form of the given sentence.
Anne said to Mary, “I have received a job offer from a company.”
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