December 2010 - Paper 2

31:  

Match the following two lists of statements.

List-I                                 List-II

1. Rate at which RBI      1. Bank gives loans to rate Commercial Banks by discounting bills

II. Rate at which RBI      2. Repo borrows from rate Commercial Banks

                                        3. Prime lending rate

A.

I II

3 1

B.

I II

2 1

C.

I II

1 2

D.

I II

3 2

 
 

Option: D

Explanation :

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32:  

The firm under perfect competition will be in short-run equilibrium when

A.

Rising marginal cost is equal to the minimum average cost.

B.

Marginal revenue is equal to rising marginal cost.

C.

Average revenue is equal to average cost.

D.

Marginal revenue is equal to the falling marginal cost.

 
 

Option: A

Explanation :

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33:  

Which of the following pairs is not matched?

List-I      List-II

A.

Frederick - Scientific Herzburg Management

B.

Henry Fayol - Modern Management

C.

Max Weber - Bureaucracy

D.

Philip Kotlar - Marketing

 
 

Option: A

Explanation :

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34:  

The dividend irrelevance theorem to share valuation was propounded by

A.

James E. Walter

B.

Myron Gordon

C.

Modigliani and Miller

D.

None of the above

 
 

Option: C

Explanation :

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35:  

From which date have all Banks started sharing their ATM free of cost for transactions?

A.

January 1, 2009

B.

April 1, 2009

C.

July 1, 2009

D.

September 1, 2009

 
 

Option: B

Explanation :

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