December 2009 - Paper 2

21:  

Which of the following is not a part of the economic environment of business?

A.

Competitive Environment

B.

Economic System

C.

Changes in Patent Laws

D.

None of these

 
 

Option: D

Explanation :

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22:  

The concept of "consumer surplus" was introduced and developed by

A.

E. A. G. Robinson

B.

J. M. Keynes

C.

Lionel Robbins

D.

Alfred Marshall

 
 

Option: D

Explanation :

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23:  

Techniques of managerial control are useful in

A.

selection of plant location

B.

identifying appropriate technology

C.

profit planning

D.

conducting shareholders' meeting

 
 

Option: C

Explanation :

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24:  

Long term loans from the public is called

A.

debentures

B.

shares

C.

Public deposits

D.

retained earning

 
 

Option: A

Explanation :

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25:  

Which of the following entities provide "Take out Finance" to banks engaged in financing of infrastructure projects?

A.

ICICI

B.

SIDBI

C.

IDFC

D.

RBI

 
 

Option: C

Explanation :

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