December 2009 - Paper 2

11:  

If the amount claimed by a consumer as compensation is Rs. 89 lacs, the case under The Consumer Protection Act shall be filed with

A.

District Consumer Redressal Forum

B.

State Consumer Disputes Redressal Commission

C.

National Consumer Disputes Redressal Commission

D.

Supreme Court

 
 

Option: B

Explanation :

Click on Discuss to view users comments.

Naga said: (6:46am on Saturday 21st October 2017)
State commission deals this issue because amount less than 1crore

Write your comments here:



12:  

The elasticity of demand for luxury goods is

A.

Infinite

B.

More than one

C.

Less than one

D.

Equal to one

 
 

Option: B

Explanation :

Click on Discuss to view users comments.

Write your comments here:



13:  

Who first propounded the principle of 'unity of command'?

A.

F. W. Taylor

B.

Elton Mayo

C.

Peter F. Drucker

D.

Henry Fayol

 
 

Option: D

Explanation :

Click on Discuss to view users comments.

Write your comments here:



14:  

Use of fixed interest securities in the capital structure is called

A.

operating leverage

B.

financial leverage

C.

overall leverage

D.

none of the above

 
 

Option: B

Explanation :

Click on Discuss to view users comments.

Write your comments here:



15:  

The features of the Commercial Paper are

A.

It is an unsecured money market instrument issued in the form of promissory note.

B.

The highly rated corporate borrowers can raise short term funds through this instrument.

C.

It is an additional instrument to the investing community.

D.

All of the above

 
 

Option: D

Explanation :

Click on Discuss to view users comments.

Write your comments here: