Classical

UGC NET December 2014 - Paper 3

51:  

Which of the following best describes the financial crisis of 2008?

A.

Liberal availability of mortgages.

B.

Poor standard of lending to buy houses.

C.

An increase in asymmetric-information, severe adverse selection and moral hazards in financial markets.

D.

All of the above.

 
 

Option: D

Explanation :


52:  

Which of the following is not a responsibility of the mentor?

A.

Enabling promotion

B.

Enabling skill development

C.

Building confidence

D.

Being a role model for the Mentee

 
 

Option: A

Explanation :


53:  

A firm's demand for an item of raw material this year was 1000 units. The price of the item will be double the next year. All other information, will remain unchanged. What will be new EOQ?

A.

500 units

B.

707 units

C.

2000 units

D.

None of the above

 
 

Option: D

Explanation :


54:  

The Grand stragtegy matrix is a powerful tool for formulating alternative strategies. In the model, all strategies are grouped into four quadrants. The dimensions of this matrix are

A.

Market growth and market share of the firm

B.

Market growth and life cycle of the firm

C.

Market growth and competitive position of the firm

D.

Market growth and industry forecast

 
 

Option: C

Explanation :


55:  

Indicate the correct statement / statements from among the ones given below :

(i) The burden of proof of misconduct lies on the defendant.

(ii) The chargesheeted worker is entitled to examine the evidence of management.

(iii) For a grave misconduct, an employee can be punished twice.

(iv) The chargesheeted worker has a right to present such witnesses one whom he/she has faith.

A.

(i) and (iii) are correct

B.

(i) and (iv) are correct

C.

(ii) and (iii) are correct

D.

(ii) and (iv) are correct

 
 

Option: D

Explanation :




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