Multiple Choice
Surplus is…………….
A) Excess of minimum rent over the actual royalty
B) Excess of actual royalty over minimum rent
C) Excess of actual royalty over minimum rent.
D) None of the above
Correct Answer:

Verified
Correct Answer:
Verified
Q2: Royalty is a revenue expenditure to lessor<br>A)True<br>B)False<br>C)none<br>D)all
Q3: Royalties is calculated either on the basis
Q4: What is minimum Rent?<br>A)Payment for use of
Q5: royalty is an agreement between the following
Q6: Shortworking can be recouped only out of
Q8: Minimum Rent is also called<br>A)Dead Rent<br>B)Rock Rent<br>C)Fixed
Q9: Shortworking means……<br>A)Excess of Minimum rent over royalty<br>B)Excess
Q10: Dead rent is also called …………<br>A)Outstanding rent<br>B)Minimum
Q11: The objectives od fixing dead rent is
Q12: When the royalty are less than the