December 2012 - Paper 2

31:  

Who plays their significant role in distribution of goods when they do not sell to ultimate users or consumers?

A.

Retailer

B.

Wholeseller

C.

Mediator

D.

Commission agent

 
 

Option: B

Explanation :

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32:  

Which one is not the source of External Finance?

A.

WTO Funds

B.

World Bank Group

C.

Export Credit

D.

Foreign Direct Investment

 
 

Option: A

Explanation :

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33:  

Which one is not an element of internal environment?

A.

Marketing capability

B.

Operational capability

C.

Money and Capital market

D.

Personnel capability

 
 

Option: C

Explanation :

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34:  

Consider the following parties :

i. Secured creditors

ii. Unsecured creditors

iii. Partners who have granted loans

iv. Partners who have contributed over and above profit sharing ratio.

Arrange them in correct sequence in the event of dissolution of a firm.

A.

ii, i, iii, iv

B.

i, ii, iii, iv

C.

i, ii, iv, iii

D.

ii, i, iv, iii

 
 

Option: B

Explanation :

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35:  

Environmental degradation does not consist of

A.

Land degradation and soil erosion

B.

Problem of overgrazing and ecological degradation

C.

Floods

D.

None of the above

 
 

Option: D

Explanation :

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