What do you understand by economic surplus? Discuss its components and measurements.

Explain the laws of demand and supply. Discuss the conditions for market equilibrium of a commodity.

What is a monopoly market? Discuss the Equilibrium of a monopolist in the short run and long run.

What do you understand by accounting standards? Explain the objectives and benefits of accounting standards. Mentions the Indian accounting standards ...

What is a trial balance? Prepare a trial balance using hypothetical data.

Describe the accounting under a situation of price level change and its uses and limitations.

Discuss the schemes available to support the financing for setting up enterprises.

Explain the concept of risk management. Also, explain the whole process of risk management.