Classical

December 2014 - Paper 2

16:  

What is Call Money?

A.

Money borrowed or lent for a day or overnight.

B.

Money borrowed for more than one day but upto 3 days.

C.

Money borrowed for more than one day but upto 7 days.

D.

Money borrowed for more than one day but upto 14 days.

 
 

Option: A

Explanation :


17:  

The process of narrowing a large number of candidates to a smaller field is called

A.

Rushing

B.

Recruitment

C.

Selection

D.

Enrollment

 
 

Option: C

Explanation :


18:  

Accounting information given by a company :

Total assets turnover                        3 times

Net profit margin                               10%

Total assets                                         ₹ 1,00,000

The net profit is

A.

₹ 10,000

B.

₹ 15,000

C.

₹ 25,000

D.

₹ 30,000

 
 

Option: D

Explanation :


19:  

Match the items of the List - I with those of List - II and suggest the correct code :

List - I                                                                        List - II

a. Constant average cost over a range of output     i. Economic capacity

b. Average cost becomes constant momentarily     ii. Reserve capacity

c. Normal average cost is a U-shaped curve            iii. Production and Managerials costs effects

d. Modem Long-run average cost is L- shaped       iv. Economies and Diseconomies

A.

Codes :

a  b  c  d

i  ii  iii  iv

B.

Codes :

a  b  c  d

ii  iii iv  i

C.

Codes :

a  b  c  d

iii iv  ii  i

D.

Codes :

a  b  c  d

ii  i  iv  iii

 
 

Option: B

Explanation :


20:  

Managerial Grid suggests the following as the best leader behaviour :

A.

High structure and high consideration

B.

Low structure and low consideration

C.

High concern both for production and people

D.

Low concern both for production and people

 
 

Option: C

Explanation :




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