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2022

iim-indore-2022-mssbw

IIM Indore

Commerce 13-16 Mins 12 Qs

The conversation

12 questions
  1. Is your subject commerce with business mathematics or commerce with applied maths? Do you have calculus?
  2. What is VAT?
  3. What is GST?
  4. Why did GST come into effect?
  5. What is the difference between direct and indirect tax? Give examples.
  6. What are Giffen goods? What are inferior goods? What is the difference between them?
  7. Draw the demand curve of Giffen goods.
  8. What is fiscal deficit?
  9. What is revenue deficit?
  10. What is the difference between revenue and capital expenditure?
  11. Identify the following graphs: 1/x, x², √x.
  12. What is Article 370?
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