In which of the industrial policies were the following major changes introduced?
- Liberalisation of licensed capacity.
- Relaxation of industrial licensing.
- Industrialisation of backward areas.
A. | Industrial Policy Resolution, 1956 |
B. | Industrial Policy Statement, 1977 |
C. | Industrial Policy of 1980 |
D. | Industrial Policy of 1991. |
Option: D Explanation : Click on Discuss to view users comments. |
Under kinked demand model, the demand curve for the firm's product is drawn on the assumption that
A. | All rivals charge the same price which is charged by the oligopolist. |
B. | All rivals charge a price independent of the price charged by the oligopolist. |
C. | All rivals follow the oligopolist upto certain price but beyond that they do not. |
D. | All oligopolists charge the price as independent sellers. |
Option: D Explanation : Click on Discuss to view users comments. |
Assertion (A): Management is a continuous process involving the integration of all functions.
Reason (R): Managers first plan, then organise and finally perform the function of controlling.
Read the above statements and select the correct answer from the code below:
A. | Both (A) and (R) are correct; and (R) is correct explanation of (A) |
B. | Both (A) and (R) are correct, but (R) is not a correct explanation of (A). |
C. | (A) is correct, but (R) is incorrect. |
D. | (A) is incorrect, but (R) is correct. |
Option: A Explanation : Click on Discuss to view users comments. |
Which one of the following is not used to estimate cost of equity capital?
A. | External yield criterion |
B. | Dividend plus growth rate |
C. | Equity capitalisation approach |
D. | Capital asset pricing model |
Option: A Explanation : Click on Discuss to view users comments. |
Which one of the following is the main objective of Unit Trust of India?
A. | To mobilize the savings of high income groups. |
B. | To mobilize the savings to low and high income groups. |
C. | To mobilize the savings of corporates. |
D. | To mobilize the savings of low and middle income groups. |
Option: D Explanation : Click on Discuss to view users comments. |