December 2012 - Paper 2

16:  

Which one is not the main objective of fiscal policy in India?

A.

To increase liquidity in the economy.

B.

To promote price stability.

C.

To minimize the inequalities of income and wealth.

D.

To promote employment opportunities.

 
 

Option: A

Explanation :

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17:  

A commodity is used for multiple purposes, then the demand for it is known as

A.

Joint Demand

B.

Composite Demand

C.

Direct Demand

D.

Autonomous Demand

 
 

Option: B

Explanation :

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18:  

Which one of the following concepts is used as fund in the preparation of Funds Flow Statement?

A.

Current Assets

B.

Working Capital

C.

Cash

D.

All Financial Resources

 
 

Option: B

Explanation :

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19:  

Appointment of independent Directors is the part of Corporate Governance as per the

A.

SEBI

B.

Indian Companies Act

C.

Government of India

D.

RBI

 
 

Option: B

Explanation :

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20:  

In Marketing Mix, which four P's are covered?

A.

Product, Price, Place, Promotion

B.

Product, Price, Power, Promotion

C.

Product, Price, Penetration, Promotion

D.

Product, Price, Positioning, Promotion

 
 

Option: A

Explanation :

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