December 2009 - Paper 2

26:  

Laissez faire policy is adopted in

A.

Socialistic economic system

B.

Capitalistic economic system

C.

Mixed economic system

D.

Communist economic system

 
 

Option: B

Explanation :

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27:  

In Law of Variable Proportions, initially when MP rises

A.

TP rises at a decreasing rate.

B.

TP rises at an increasing rate.

C.

AP rises less than proportionately.

D.

AP rises more than proportionately.

 
 

Option: B

Explanation :

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28:  

The function of attracting, acquiring, retaining and developing human resources in an organisation is called

A.

recruitment

B.

induction

C.

training and development

D.

staffing

 
 

Option: A

Explanation :

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29:  

Sensitivity analysis is performed to

A.

Ascertain risk

B.

Determine profitability

C.

Build scenario for risk profile

D.

None of the above

 
 

Option: C

Explanation :

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30:  

Currency chest balance will be periodically verified by

A.

Bank's own officials

B.

RBI officials

C.

Both (A) and (B)

D.

Officials of AG's office

 
 

Option: A

Explanation :

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