Classical

Advanced Questions - Section 6

31:  

Which of the following is a correct statement?

A.

Decrease in input prices causes a leftward shift in the supply curve

B.

The desire for a commodity backed by ability and willingness to pay is demand

C.

When income increases, the demand for essential goods increases more than proportionately

D.

The demand for a commodity is inversely related to the price of its substitutes

 
 

Option: B

Explanation :


32:  

Financial Risk means

A.

Risk of Technical insolvency

B.

Magnify the fluctuation in EBT

C.

Both (A) and (B)

D.

None of the above

 
 

Option: B

Explanation :


33:  

Which of the following refers to a region-centric approach to staffing?

A.

Dividing operations into several geographical regions and freely transferring staff between each region.

B.

Locals fill managerial positions in national subsidiaries.

C.

Filling all key positions with parent country nationals.

D.

Parent country nationals fill managerial positions at headquarters.

 
 

Option: A

Explanation :


34:  

Recruitment and selection must be effective to ensure it

A.

Offsets high labour turnover

B.

Delivers the highest calibre of individuals at optimum most

C.

To have a surplus in case of sickness and absence

D.

Encourages new blood into the organisation

 
 

Option: B

Explanation :


35:  

The closing price of XYZ was Rs. 22 on January 1 and Rs. 16 on February 1. The one-month holding period return (before any costs) is

A.

-.27%

B.

.375%

C.

-27.27%

D.

37.5%

 
 

Option: C

Explanation :




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