Classical

December 2013 - Paper3

6:  
Which of the following factors may lead to a sick industrial unit?
 
(i) Shortage of funds and faulty financial management
 
(ii) Investment by the FIIs in Indian industries
 
(iii) Unauthorized FDI in Indian industries
 
(iv) Lack of experience on the part of promoters
 
(v) Technological factors including obsolete or improper technology
A.

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

B.

(ii), (iii), (iv) and (v)

C.

(i), (iv) and (v)

D.

(i), (ii) and (iii)

 
 

Option: C

Explanation :


7:  
Indicate what is not correct in respect of the Consumer Protection Act, 1986.
 
A.
No complaint can be entertained in respect of a product purchased more than 2 years back.
B.
A complaint against medical negligence can be filed by legal heir or representative of the deceased.
C.
A complaint involving a claim of Rs 15 lakhs is to be filed before the State Commission.
D.

Both (A) and (C)

 
 

Option: B

Explanation :


8:  
If bonus shares are issued out of preacquisition profit, it will have
A.
Direct effect on the Consolidated Balance Sheet
B.
No effect on the Consolidated Balance Sheet
C.

No effect on Net Profit

D.

None of the above

 
 

Option: C

Explanation :


9:  
The present value of the future contributions of employees is one of the methods of
A.

HR Accounting

B.

InflationAccounting

C.

Social Accounting

D.

Responsibility Accounting

 
 

Option: A

Explanation :


10:  
A standard which can be attained under the most favourable working conditions is called
A.

Attainable Standard

B.

Basic Standard

C.

Current Standard

D.

Ideal Standard

 
 

Option: D

Explanation :




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  • This section contains UGC NET  Commerce solved Papers for December 2013.
  • This exam was held by University Grant Commission on 29th Dec 2013.
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