December 2015 - Paper 3

21:  

Which of the following can be the ground for employee dismissal?

(a) Unsatisfactory performance

(b) Misconduct

(e) Lack of qualifications

A.

Only (b)

B.

(a) and (b)

C.

(b) and (c)

D.

(a), (b) and (c)

 
 

Option: D

Explanation :

Click on Discuss to view users comments.

Write your comments here:



22:  

Assertion (A): With most of the allowances, etc. linked to wages and the courts ruling 'no work no wage' principle, workers are not usually prepared to lose earnings due to strikes.

Reason (R) : It is usually difficult to go on a legal strike due to restrictions on strikes in the form o f notice and prohibition during the pendency of conciliation, adjudication, etc.

A.

Both (A) and (R) are correct and (R) is the right explanation of (A).

B.

Both (A) and (R) are correct but (R) is not the right explanation of (A).

C.

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

D.

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

 
 

Option: A

Explanation :

Click on Discuss to view users comments.

Write your comments here:



23:  
If risk free rate of return is 5%, market return is 10% and the cost of equity is 13%, the value of beta (β) is :
A.

1.2

B.

1.5

C.

1.6

D.

1.8

 
 

Option: C

Explanation :

Click on Discuss to view users comments.

Write your comments here:



24:  
The company has been buying an item in lots of 2,400 units which is six months' supply, the cost per unit is Rs 12, order cost is Rs 8 per order and the carrying cost is 25%. The Economic Order Quantity is :
A.

392

B.

39

C.

160

D.

200

 
 

Option: C

Explanation :

Click on Discuss to view users comments.

Write your comments here:



25:  
A company issues 11 % debentures of  Rs 100 each for an amount aggregating Rs 2,00,000 at 10% premium, redeemable at par after 5 years. The company tax rate is 40%. The cost of debt is :
A.

4.38 %

B.

11 %

C.

5.5 %

D.

10%

 
 

Option: C

Explanation :

Click on Discuss to view users comments.

Write your comments here: