December 2012 - Paper 2

36:  

Sturge's rule is used to find out directly

A.

Number of classes in a continuous distribution

B.

Size of class limits

C.

Direction of the classification

D.

None of the above

 
 

Option: A

Explanation :

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37:  

Statement – I : It is no better to pay employees for little than to pay toomuch.

Statement – II : Competent employees will remain competent forever.

A.

Statement I is true, but II is false.

B.

Statement II is true, but I is false.

C.

Both Statements I and II are true.

D.

Both Statements I and II are false.

 
 

Option: A

Explanation :

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38:  

What is OTP in credit card transactions?

A.

Odd Transaction Password

B.

Owner's Trading Passcode

C.

One Time Password

D.

One Time Pincode

 
 

Option: C

Explanation :

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39:  

GDP at factor cost is

A.

P(Q) + P(S)

B.

GDP - IT - S

C.

GDP + DT + S

D.

GDP - DT + S

 
 

Option: B

Explanation :

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40:  

Consider the following :

i. Pricing objectives

ii. Pricing methods

iii. Pricing strategies

iv. Pricing decisions

Arrange them in correct sequence :

A.

i, iii, ii, iv

B.

i, iv, iii, ii

C.

ii, i, iv, iii

D.

iv, ii, iii, i

 
 

Option: A

Explanation :

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