June 2012 - Paper 2

16:  

To generate and facilitate any exchange intended to satisfy human needs or wants such that the satisfaction of these wants occur with minimal detrimental impact on the natural environment is known as

A.

Aggressive marketing

B.

Operating marketing

C.

Green marketing

D.

All of the above

 
 

Option: C

Explanation :

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17:  

Consider the oligopoly models :

(i) Sweezy's kinked demand curve model

(ii) Newman and Morgenstern Game Theory model

(iii) Cournal's duopoly model

(iv) Baumal's sales maximisation model

Arrange them in correct sequence as per order of evolution.

A.

(iv), (iii), (ii), (i)

B.

(ii), (i), (iii), (iv)

C.

(iii), (i), (ii), (iv)

D.

(i), (iii), (ii), (iv)

 
 

Option: C

Explanation :

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18:  

The concept of present value is based on the :

A.

Principle of compounding

B.

Principle of discounting

C.

(A) and (B)

D.

None of the above

 
 

Option: B

Explanation :

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19:  

Statement (i) : Labour always get a major share of productivity gains.

Statement (ii) : Partial stoppage of work by workers amounts to strike.

 

A.

Statement (i) is true but (ii) is false.

B.

Statement (ii) is true but (i) is false.

C.

Both statements are true.

D.

Both statements are false.

 
 

Option: B

Explanation :

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20:  

Which one is not an objective of IMF?

A.

To promote international monetary cooperation

B.

To ensure balanced international trade

C.

To finance productive efforts according to peace-time requirement

D.

To ensure exchange rate stability

 
 

Option: C

Explanation :

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