December 2009 - Paper 2

36:  

A variable such as activity that causes cost over a given time is

A.

Cost Driver

B.

Cost Behaviour

C.

Cost Centre

D.

None of the above

 
 

Option: B

Explanation :

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37:  

The Central Processing Unit of a computer consists of

A.

Input, Output and Processing.

B.

Control Unit, Primary Storage and Secondary Storage.

C.

Control Unit, Arithmetic-logic Unit and Primary Storage.

D.

None of the above.

 
 

Option: D

Explanation :

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38:  

The strategy of introducing a product with high introductory price is called

A.

penetration strategy

B.

skimming strategy

C.

pull strategy

D.

push strategy

 
 

Option: A

Explanation :

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Aakriti said: (3:03pm on Friday 16th June 2017)
Skimming strategy is the strategy of introducing a product with high introductory price; not the penetration strategy.

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39:  

The Industrial Disputes Act, 1947 provides the following industrial relations machinery for resolution of conflicts except

A.

Conciliation

B.

Arbitration

C.

Negotiations

D.

Adjudication

 
 

Option: D

Explanation :

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40:  

The International Monetary Fund has estimated India's contribution to World Gross Domestic Product in Purchasing Power Parity (PPP) terms for 2007

A.

4.6 percent

B.

6.4 percent

C.

7.1 percent

D.

8.9 percent

 
 

Option: A

Explanation :

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