CUET Preparation Today
| Activity ratios are also known as: |
Turnover ratios Efficiency ratios Either option 1 or 2 Both option 1 and 2 |
| Both option 1 and 2 |
| Activity (or Turnover) Ratios: These refers to the ratios that are calculated for measuring the efficiency of operations of business based on effective utilisation of resources. Hence, these are also known as ‘Efficiency Ratios’. |
