Profit made when an asset is sold more than the price at which it was bought is called
A. capital
B. capital-gain
C. capitalism
D. None of the above
Answer: Option B
Solution (By Examveda Team)
Profit made when an asset is sold more than the price at which it was bought is called capital-gain. Capital gain is the profit one earns on the sale of an asset like stocks, bonds or real estate. It results in capital gain when the selling price of an asset exceeds its purchase price. It is the difference between the selling price (higher) and cost price (lower) of the asset.This Question Belongs to General Knowledge >> Basic General Knowledge
Who amongst the following had called Rabindranath Tagore as THE GREAT SENTINEL?
A. Abul Kalam Azad
B. Mahatma Gandhi
C. Dr. Rajendra Prasad
D. Subhash Chandra Bose
Grand Central Terminal, Park Avenue, New York is the world's
A. highest railway station
B. longest railway station
C. largest railway station
D. None of the above
Entomology is the science that studies
A. The origin and history of technical and scientific terms
B. Behavior of human beings
C. Insects
D. The formation of rocks
E. None of these
Eritrea, which became the 182nd member of the UN in 1993, is in the continent of
A. Africa
B. Australia
C. Europe
D. Asia
E. None of these
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