Q. Surplus is…………….Sol: (Solved)
1. Excess of minimum rent over the actual royalty
2. Excess of actual royalty over minimum rent
3. Excess of actual royalty over minimum rent
4. None of the above
- b. Excess of actual royalty over minimum rent
1. Excess of minimum rent over the actual royalty
2. Excess of actual royalty over minimum rent
3. Excess of actual royalty over minimum rent
4. None of the above