December 2009 - Paper 2

31:  

Relaxing the restrictions and controls imposed on business and industry means

A.

Liberalisation

B.

Privatisation

C.

Globalisation 

D.

None of these

 
 

Option: A

Explanation :

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32:  

Which one of the following statements is correct?

A.

Monopolist charges the maximum possible price.

B.

Monopolist always makes (economic) profit.

C.

Monopolist operates on an inelastic demand curve.

D.

None of the above

 
 

Option: A

Explanation :

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33:  

In terms of Blake-Mouton's managerial grid approach, a production oriented leader will be one who adopts

A.

1.1 style

B.

9.1 style

C.

9.9 style

D.

5.5 style

 
 

Option: C

Explanation :

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34:  

Right shares enjoy preferential rights with regard to

A.

Payment of dividend

B.

Payment of retained earnings

C.

Repayment of capital

D.

None of the above

 
 

Option: B

Explanation :

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35:  

SEBI is

A.

Regulatory Authority

B.

Statutory Authority

C.

Both (A) and (B)

D.

None of these

 
 

Option: A

Explanation :

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