Classical

December 2013 - Paper3

51:  
Statement (I) : Job evaluation is a technique of assessins the worth of each job in comparison with others
throughout an organization
Statement (II): Job evaluation and job rating are one and the same for employees' appraisal purposes.
Codes:
A.
Statement (I) is corect, but Statement (II) is incorrect.
B.
Statement (II) is correct, but Statement (I) is incorrect
C.
Both the Statements (I) and (II) are correct
D.
Both the Statements (I) and (II) are incorrect.
 
 

Option: D

Explanation :


52:  
Match the items of List - I with the iterns of List - II and select the correct answer :
 
 List-I                                  List-II
(i) Job rotation
(a) Involves conscious efforts, to organise tasks, duties and
 responsibilities into  a unit of work to  acheive certain objectives
(ii)Job Design
(b) Involves movement of employees from job to job
(iii) Job
Evaluation
(c) Seeks to improve both task efficiency and human satisfaction and
, more opponrnity for individual growth
(iv)Job Enrichment (d)The formal process by which  the relative worth of various jobs in the organisation is determined for pay purpose.
 

 

 

A.

(a) (b) (c) (d

B.

(d)  (c)  (b) (a)

C.
(c) (b) (a) (d) 
D.
 (d)(c) (a) (b)
 
 

Option: B

Explanation :


53:  
Assertion (A) : The Central Bank of the country is responsible to maintain stability of the monetary standard which
involves currency circulation
Reason (R) : The Central Bank is the only authorized entity to do so.
Codes:
A.

(A) and (R) both are correct

B.

(A) and (R) both are incorrect

C.
(A) is correct, but (R) is incorrect.
D.
(R) is correct, but (A) is incorrect
 
 

Option: A

Explanation :


54:  
Identify the quantitative credit control methods among the following :
 
(i) Bank Rate
 
(ii) Credit Rationing
 
(iii) Open Market Operations
 
(iv) Variable Reserve Ratio
 
(v) Selective Credit Control
 
(vi) Liquidity Ratio
 
codes:

 

A.

(i), (ii), (iii) and (iv)

B.
(ii), (iii), (iv) and (v)
 
C.

(i), (ii), (v) and (vi)

D.

(i.r, (iii), (iv) and (vi)

 
 

Option: D

Explanation :


55:  
The foliowing activities are mainly related to which organization ?
 
(i) Micro Finance
 
(ii) Rural Finance
 
(iii) Setf Help Groups
 
(iv) Cooperative Banks Finance
A.
Industrial Finance Corporation of India
B.

Ministry of Finance

C.

Reserve Bank of India

D.
National Bank for Agriculrure and Rural Development
 
 

Option: D

Explanation :




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