Classical

Advanced Questions - Section 8

6:  

Which items are included in the negative list of imports out of the combination given below

(1) Canalised items

(2) Banned items

(3) Restricted items

(4) Items of open General Licence

A.

1, 3 and 4

B.

2, 3 and 4

C.

1, 2, 3 and 4

D.

1, 2 and 3

 
 

Option: D

Explanation :


7:  

Statements:

(i) Agency theory relates to the relationship between management and employees.

(ii) Agency theory relates to middlemen.

A.

Both are correct

B.

Both are incorrect

C.

(i) is correct (ii) is incorrect

D.

(ii) is correct (i) is incorrect

 
 

Option: D

Explanation :


8:  

Which bank is called the 'Bank of Issue'?

A.

RBI

B.

SBI

C.

IDBI

D.

ICICI

 
 

Option: A

Explanation :


9:  

Which of the following should be achieved by a business firm at the earliest?

A.

Budgeted sales

B.

Break-even Point

C.

ROI

D.

Market share

 
 

Option: D

Explanation :


10:  

Which of the following developments was not noticed during 1991 (economic reforms)?

A.

National debt was nearly 60 percent of the GNP of India.

B.

Inflation crossed double digits.

C.

Foreign reserves were maintained at a very high level.

D.

None of the above.

 
 

Option: C

Explanation :




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