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Discussion :: Indian Economy

  1. Depreciation means

  2. A.

     closure of a plant due to lock out

    B.

     closure of a plant due to labour trouble

    C.

     loss of equipment over time due to wear and tear

    D.

     destruction of a plant in a fire accident

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    Answer : Option C

    Explanation :

    Depreciation means a reduction in the value of an asset over time, due in particular to wear and tear.


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