RRB JE Mock Test 2019

1. Operating Surplus arises in the-          (4)

  1. 1. Government Sector
  2. 2. Production for self-consumption
  3. 3. Subsistence farming
  4. 4. Enterprise Sector
2. Cost of production of the producer is given by-            (4)

  1. 1. Sum of wages paid to labourers
  2. 2. Sum of wages and interest paid on capital
  3. 3. Sum of wages, interest rent and supernormal profit
  4. 4. Sum of wages, interest, rent and normal profit
3. Production refers to-          (2)

  1. 1. Destruction of utility
  2. 2. Creation of utilities
  3. 3. Exchange value
  4. 4. Use of a product
4. Selling cost means-            (3)

  1. 1. Cost of selling a product
  2. 2. Cost incurred in transportation
  3. 3. Cost Incurred in advertisement
  4. 4. Cost Incurred on factors of production
5. Prime cost is equal to-           (3)

  1. 1. Variable cost plus administrative cost
  2. 2. Variable cost plus fixed cost
  3. 3. Variable cost only
  4. 4. Fixed cost only