Classical

December 2014 - Paper 3

66:  

What is SLR ratio of a bank?

A.

Ratio of total deposits against total investments.

B.

Amount deposited by the bank with the Central Bank in the form of cash, gold and securities.

C.

Amount that commercial banks are required to maintain before providing credit to customers.

D.

Amount that commercial banks deposit with the foreign banks.

 
 

Option: C

Explanation :

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67:  

Which of the following is not a product-mix strategy?

A.

Trading up

B.

Alteration

C.

Simplification

D.

Value addition

 
 

Option: D

Explanation :

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68:  

Responsibility accounting aims at collecting and reporting costing information

A.

Department-wise

B.

Cost centre-wise

C.

Function-wise

D.

Product-wise

 
 

Option: A

Explanation :

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69:  

In the hypothesis testing procedure a researcher may commit type II error in which of the following conditions

A.

When the true null hypothesis is rejected.

B.

When the alternative hypothesis is accepted.

C.

When the false null hypothesis is accepted.

D.

When the true null hypothesis is accepted.

 
 

Option: C

Explanation :

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70:  

Assertion (A): High morale and high productivity go hand-in-hand.

Reason (R): Workers do not have their own ways for relief from fatigue and monotony.

A.

Both (A) and (R) are true.

B.

(A) is true, but (R) is false.

C.

(A) is false, but (R) is true.

D.

Both (A) and (R) are false.

 
 

Option: B

Explanation :

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