Question
Economics Question on Stock Exchange
If change in stock is equal to ₹60 crores it means that:
A
Closing stock is ₹ 100 crores and depreciation is ₹ 160 crores
B
Opening stock is ₹ 160 crores and closing stock is ₹ 100 crores
C
Closing stock is ₹ 160 crores and opening stock is ₹ 100 crores
D
Opening stock is ₹ 160 crores and net factor income from abroad is ₹ 100 crores
Answer
Closing stock is ₹ 160 crores and opening stock is ₹ 100 crores
Explanation
Solution
The correct option is (C): Closing stock is ₹ 160 crores and opening stock is ₹ 100 crores