Classical

December 2014 - Paper 3

71:  

ADRs' and GDRs' are an excellent means of investment to invest in India for

A.

NRIs

B.

Foreign nationals

C.

Both (A) & (B)

D.

None of the above

 
 

Option: C

Explanation :

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72:  

Monopolists prefer to sell the products in the markets with

A.

Elastic demand

B.

Unitary elastic demand

C.

Inelastic demand

D.

Absence of elasticity of demand

 
 

Option: A

Explanation :

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73:  

Which of the following is not a function of Foreign Exchange Market?

A.

Stabilization function

B.

Hedging function

C.

Credit function

D.

Transfer function

 
 

Option: A

Explanation :

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74:  

Identify the incorrect combination from the following :

      Finance          Constituted                Report                    Chairman

Commission           (Year)           Submitted (Year)

(A)                   1st                        1951                      1953                       K. C. Neogi

(B)                   7h                        1977                      1978                       J. M. Shelat

(C)                  11th                     1998                      2000                      N. K. P. Salve

(D)                 13th                       2007                      2009                      V. L.  Kelkar

A.
B.
C.
D.
 
 

Option: C

Explanation :

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