Classical

December 2014 - Paper 3

46:  

Insufficient working capital in any enterprise may also result into

I. Failure to adapt to changes

II. Overcapitalisation

III. Reduced availability of trade and cash discounts

IV. Reduced volume of production and sales

A.

I, II and III only

B.

I, III and IV only

C.

II and III only

D.

I and IV only

 
 

Option: B

Explanation :


47:  

Assertion (A) : The industrial growth in India has been hampered by the burden of many controls and regulations.

Reason (R): The New Industrial Policy seeks to liberate the industry from the shackles of Licensing System.

 

A.

Assertion (A) is correct, but Reason (R) is not correct.

B.

Assertion (A) is correct and Reason (R) is right explanation of (A).

C.

Both Assertion (A) and Reason (R) are correct.

D.

Both Assertion (A) and Reason (R) are incorrect.

 
 

Option: B

Explanation :


48:  

Assertion (A): The risk condition exists when decision makers have absolutely no idea of what the results of an implemented alternative would be.

Reason (R) : When operating under complete uncertainty condition, decision makers usually find that sound decisions are a matter of chance.

In the context of the two statements, which one of the following is correct?

 

A.

Both (A) and (R) are correct.

B.

Both (A) and (R) are wrong.

C.

(A) is correct, but (R) is wrong.

D.

(A) is wrong, but (R) is correct

 
 

Option: C

Explanation :


49:  

Which of the following are consumption values that customers look for in any product or
service in a society?

1. Functional value

2. Social value

3. Money value

4. Emotional value

5. Maximum value

A.

1, 2, 3, 5

B.

1, 3, 4, 5

C.

5, 4, 3, 2, 1

D.

1, 2 and 4

 
 

Option: C

Explanation :


50:  

Which of the following is not a component of Job Analysis?

A.

Job Description

B.

Role Analysis

C.

Job Summary

D.

Job Specification

 
 

Option: B

Explanation :




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