December 2010 - Paper 2

11:  

India abolished the quantitative restrictions on imports of 1429 items in 2000 and 2001 as per the commitment to which of the following?

A.

South Asian Free Trade Association (SAFTA)

B.

General Agreement on Tariffs and Trade (GAIT)

C.

World Trade Organisation (WTO)

D.

Non-Aligned Movement

 
 

Option: C

Explanation :

Click on Discuss to view users comments.

Write your comments here:



12:  

The various degrees of price elasticity of demand can be shown on a single demand curve as per which one of the following?

A.

Total outlay method

B.

Proportional method

C.

Arc method

D.

Geometrical method

 
 

Option: A

Explanation :

Click on Discuss to view users comments.

Write your comments here:



13:  

In which type of organization is 'grapewine' communication used?

A.

Informal organization

B.

Formal organization

C.

Departmental organization

D.

Matrix organization

 
 

Option: A

Explanation :

Click on Discuss to view users comments.

Write your comments here:



14:  

Over capitalization may not be as a result of which one of the following?

A.

Promotion of a company with inflated assets

B.

Application of low capitalization rate

C.

Shortage of capital

D.

Liberal dividend policy

 
 

Option: C

Explanation :

Click on Discuss to view users comments.

Write your comments here:



15:  

Which one of the following is not an instrument of credit control in the banking system?

A.

Open market operations

B.

Moral suasion

C.

Cash Reserve Ratio

D.

Tax rates

 
 

Option: B

Explanation :

Click on Discuss to view users comments.

Write your comments here: