Real income . . . . . . . .
A. is a flow of goods and services not stagnant
B. consists of goods and services might or might not be available with money
C. involves a time period
D. All of the above
Answer: Option D
Which of the following statement(s) is/are correct about management?
A. Management is a universal phenomena
B. It is an umbrella term under which individual work together to achieve a common goal
C. It is an art and as well as science
D. All of the above
The term 'management' is coined from the . . . . . . . . word 'menage'.
A. Greek
B. French
C. Latin
D. Spanish
A. K. Kautilya
B. Rose, Randle Knoll
C. Gross and Crandal
D. Nickell and Dorsey
The primary goal of money management is
A. to maximise the return
B. to minimise the risk
C. to maximise the wealth of owners
D. to maximise profit

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