December 2010 - Paper 2

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3. December 2010
4. Paper 2

21:  

Returns to scale involve variations in the quantities of the various factors of production

(1) Simultaneously, and/or

(2) Proportionately

A.	Both (1) and (2) are correct
B.	(1) is correct and (2) is incorrect
C.	(1) is incorrect and (2) is correct
D.	Both (1) and (2) are incorrect.
	Answer Report Discuss
	Option: A Explanation : Click on Discuss to view users comments. Write your comments here: Updating your Comments.. Updating your Comments..

22:  

"SWOT" is used for

A.	Planning
B.	Organising
C.	Motivating
D.	Controlling
	Answer Report Discuss
	Option: A Explanation : Click on Discuss to view users comments. Write your comments here: Updating your Comments.. Updating your Comments..

23:  

The rate of discount at which NPV of a project becomes zero is also known as

A.	Average Rate of Return
B.	Internal Rate of Return
C.	Alternate Rate of Return
D.	None of the above
	Answer Report Discuss
	Option: B Explanation : Click on Discuss to view users comments. Write your comments here: Updating your Comments.. Updating your Comments..

24:  

Which of the following is not a function of a Rural Bank?

A.	To accept deposits
B.	To waive loans
C.	To grant advances
D.	To supply inputs to farmers
	Answer Report Discuss
	Option: D Explanation : Click on Discuss to view users comments. Write your comments here: Updating your Comments.. Updating your Comments..

25:  

When a company takes over another one and clearly becomes a new owner, the action is called

A.	Merger
B.	Acquisition
C.	Strategic Alliance
D.	None of the above
	Answer Report Discuss
	Option: B Explanation : Click on Discuss to view users comments. Write your comments here: Updating your Comments.. Updating your Comments..

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