July 2016 - Paper3

61:   Who gave the systems approach to industrial relations ?
A.

Beatrice Webb

B.

John Dunlop

C.

Eric Trist

D.

Henry Fayol

 
 

Option: B

Explanation :

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62:  

Which among the following are multinational corporations ?
(a) A multinational, decentralized corporation with strong home country presence.
(b) A global, centralized corporation that acquires cost advantage through centralized production when cheaper resources are available.
(c) An international company that builds on the parent corporations technology and R & D.
(d) A transnational enterprise that combines the (a), (b) and (c).

A.

(a) (b)

B.

(b) and (c)

C.

(b) and (c)

D.

(a), (b), (c) and (d)

 
 

Option: D

Explanation :

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63:   Which among the following are full member countries of ASEAN ?
(a) Brunei Darussalam (b) Cambodia
(c) Vietnam (d) Myanmar
(e) Sri Lanka
A.

(a), (b) and (e)

B.

(a), (b), (c) and (e)

C.

(b), (c), (d) and (e)

D.

(a), (b), (c) and (d)

 
 

Option: D

Explanation :

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64:  

Assertion (A) : Capital Account convertibility is introduced only sometime after the introduction of convertibility on current account when exchange rate of currency of a country is relatively stable.
Reasoning (R) : Capital Account convertibility is necessary for faster growth and development of economy and it makes foreign exchange rate more stable.

A.

(A) is correct but (R) is not correct.

B.

(A) and (R) both are correct and (R) is the right explanation of (A).

C.

(A) and (R) both are correct but (R) is not the right explanation of (A).

D.

Both (A) and (R) are incorrect.

 
 

Option: A

Explanation :

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65:  

Statement (I) : WTO is only international organization which deals with the rules of trade between organizations.
Statement (II) : The limit of holding by individual foreign institutional investors in a company has been raised from 5 to 10% of company’s share while the aggregate limit has been increased from 24 to 34%.

A.

Statement (I) is correct but Statement (II) is false.

B.

Statement (II) is correct but Statement (I) is false.

C.

Statements (I) and (II) both are correct.

D.

Statements (I) and (II) both are false.

 
 

Option: C

Explanation :

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