December 2014 - Paper 3

26:  

Match the industry/profession with the pay plan most appropriate for it :

         List-I                                                  List-II

a. Process-Basel Manufacturing                 i. Skill-based pay

b. Automobile                                           ii. Fixed pay

c. University Teaching                               iii. Individual-based pay

d. Software Development                          iv. Job-based pay

A.

Codes :

a  b  c  d

iii iv  ii  i

B.

Codes :

a  b  c  d

ii  i  iv  iii

C.

Codes :

a  b  c  d

iv  iii ii  i

D.

Codes :

a  b  c  d

i  ii  iii iv

 
 

Option: C

Explanation :

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27:  

Match the types of factoring given in List - I with its characteristics given in List - II :

          List-I                                                               List-II

i. Full-service non-recourse factoring        a. Clients are not informed about the factoring arrangement

ii. Full-service resource factoring              b. Bad-debt protection to client

iii. Bulk factoring                                     c. No bad-debt protection to client

iv. Non-notification factoring                    d. Client continues to administer credit and to operate sales ledger

A.

Codes :

i ii iii iv

a b c d

B.

Codes :

i ii iii iv

b c d a

C.

Codes :

i ii iii iv

c d a b

D.

Codes :

i ii iii iv

d a b c

 
 

Option: B

Explanation :

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28:  

If the company has acquired three months' option to buy 3000 barrels of oil, at an exercise price of $ 50 and if the premium is $ 0.60 per barrel and it at the time of option expiry oil price is $ 52 per barrel, the net pay-off to the company will be

A.

$ 1800

B.

$ 4200

C.

$ 6000

D.

$ 7800

 
 

Option: B

Explanation :

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29:  

The attempt to build and/or maintain a good "corporate image" is referred to as

A.

Advertising

B.

Public Relations

C.

Personal selling

D.

Sales promotion

 
 

Option: C

Explanation :

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30:  

If, on an average, 'A' completes 40 tasks with a standard deviation of 5, 'B' completes 160 tasks with a standard deviation of 15 and 'C' completes 120 tasks with a standard deviation of 8, their order when arranged on the basis of consistency is

A.

C, A and B

B.

A, B and C

C.

C, B and A

D.

B, A and C

 
 

Option: C

Explanation :

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