Question 2 (a) With the help of relevant scatter diagrams explain positive correlation, negative correlation, and no correlation. ANSWER: Click here to DOWNLOAD answer: For Other subjects click Here
Question 2.(b) What are the (ranges) numerical values that depict positive correlation, negative correlation and no correlations? ANSWER: Click here to DOWNLOAD answer: For Other subjects click Here
Question 3.Briefly comment on the following: d) Statistical meaning of bias is error ANSWER: Click here to DOWNLOAD answer: For Other subjects click Here
Question 3.Briefly comment on the following: c) Research problem would be both abstract and of applied interest ANSWER: Click here to DOWNLOAD answer: For Other subjects click Here
Question 5. Write brief notes on the following: iv) Provisions Regarding set–off of Losses Solution: Concept of set-off of losses In simple words, “Set-off” means adjustment of losses against the profits from another source/head of income in the same assessment year. If losses cannot be set-off in the same year due to inadequacy of eligible … Read more
Question 5. Write brief notes on the following: iii) Interest on Securities Solution: Interest on Securities if charged under the head ‘income from other sources’ means the following : Interest on any security of the Central or State Government; Interest on debentures or other securities for money issued by or on behalf of a local … Read more
Question 5. Write brief notes on the following: ii) Provident Fund. Solution: Provident fund scheme is a scheme intended to give substantial benefits to an employee at the time of his retirement. Under this scheme, a specified sum is deducted from the salary of the employee as his contribution towards the fund. The employer also … Read more
Question 5. Write brief notes on the following: i) Valuation of Rent Free House Solution: In some cases, the Accommodation is Rent Free to the Employee i.e. No Rent is liable to be paid by the Employee. It is a benefit given to the employee in kind and therefore form a part of perquisites and … Read more
Question 4. From the following information of Mr. Sunil, compute the taxable income of house property: Particular Amount (i) Municipal Valuation 3,30,000 (ii) Fair Rent 3,60,000 (iii) Standard Rent under Rent Control Act 3,36,000 (iv) Unrealised rent of previous year 2011-12 (Conditions of Rule 4 satisfied) previous year 2011-12 30,000 (v) Rent realized in year … Read more
Question 3. Mr. Raman Prakash is reader in a college, run by a society, on a monthly salary of Rs. 44, 000. Besides salary he also gets 43% of salary as dearness allowance, Rs 800 p.m. entertainment allowance and Rs. 500 p.m. as proctor’s allowance. During the year he gets Rs. 450 p.m. as additional … Read more