Question

Match List-I (Concepts) with List-II (Definitions/Examples): \[ \small \begin{array}{|c|p{4.2cm}|c|p{5.8cm}|} \hline \multicolumn{2}{|c|}{List-I (Concepts) & \multicolumn{2}{c|}{List-II (Definitions/Examples) \hline (A) & Intermediate Goods & (I) & Unexpected rise in sales leads to stock depletion \hline (B) & Unplanned Accumulation of Inventories & (II) & Production - Sales \hline (C) & Change in Inventories Formula & (III) & Completely used in the production process \hline (D) & Unplanned Decumulation of Inventories & (IV) & Unexpected fall in sales leads to unsold stock \hline \end{array} \] Choose the correct answer from the options given below:

• A. (A)-(III), (B)-(IV), (C)-(II), (D)-(I)
• B. (A)-(IV), (B)-(I), (C)-(III), (D)-(II)
• C. (A)-(II), (B)-(III), (C)-(I), (D)-(IV)
• D. (A)-(I), (B)-(II), (C)-(III), (D)-(IV)

Hint:

Inventory Change: \[ \mathrm{Production - Sales} \] Unplanned accumulation: \[ \mathrm{Sales < Production} \] Unplanned decumulation: \[ \mathrm{Sales > Production} \]

Answer 1

The Correct Option is A

Step 1: Match Intermediate Goods.
Intermediate goods are: \[ \mathrm{Goods\ completely\ used\ in\ production} \] Thus: \[ (A)\rightarrow(III) \]

Step 2: Match Unplanned Accumulation of Inventories.
When sales unexpectedly fall: \[ \mathrm{Unsold\ stock\ increases} \] This leads to: \[ \mathrm{Unplanned\ Accumulation} \] Thus: \[ (B)\rightarrow(IV) \]

Step 3: Match Change in Inventories Formula.
Change in inventories is: \[ \mathrm{Production - Sales} \] Thus: \[ (C)\rightarrow(II) \]

Step 4: Match Unplanned Decumulation of Inventories.
Unexpected rise in sales causes: \[ \mathrm{Stock\ depletion} \] Thus: \[ (D)\rightarrow(I) \]

Step 5: Identify correct option.
Correct matching is: \[ (A)\rightarrow(III) \] \[ (B)\rightarrow(IV) \] \[ (C)\rightarrow(II) \] \[ (D)\rightarrow(I) \] Hence, the correct answer is: \[ \boxed{\mathrm{(A)}} \]