June 2012 - Paper 2

41:  

Assertion (A) : One can be sure about future course of actions by making good plans.

Reasoning (R) : Planning brings certainty in future course of actions of an organisation.

A.

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

B.

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

C.

Both (A) and (R) are correct.

D.

Both (A) and (R) are not correct.

 
 

Option: A

Explanation :

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42:  

Statistical software packages for research in social sciences include

A.

SPSS

B.

STATA

C.

MiniTab

D.

All of the above

 
 

Option: D

Explanation :

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43:  

Assertion (A) : Premium received on issue of shares is credited to share premium account but not to Profit and Loss account.

Reasoning (R) : Since share premium is not a trading profit, it is not distributed to shareholders.

 

A.

Both (A) and (R) are true but (R) is not correct explanation to (A).

B.

(A) is false but (R) is correct.

C.

Both (A) and (R) are true and (R) is correct explanation of (A).

D.

(A) is correct but (R) is false.

 
 

Option: C

Explanation :

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44:  

Which one is not an element of legal environment?

A.

Act of Parliamentarians in Lok Sabha

B.

Indian Contract Act, 1872

C.

Indian Partnership Act, 1932

D.

Negotiable instruments Act, 1881

 
 

Option: A

Explanation :

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45:  

Assertion (A) : Total utility will be maximum when marginal utility to price of respective products are equal.

Reason (R) : Deviation from this situation leads to reduction in maximum utility.

A.

(A) and (R) are not correct.

B.

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

C.

(A) and (R) are correct.

D.

(A) is incorrect, (R) is correct.

 
 

Option: C

Explanation :

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