JUNE 2013 - Paper 2

6:  

Match the items of List-I with those in List-II and select the correct code for the answer :

                    List - I                                  List - II

(A) Contraction of Demand         (i) Non-Price change effect

(B) Decrease in Demand            (ii) Demand curve remains the same

(C) Increase in Demand             (iii) Price change effect

(D) Expansion of Demand          (iv) Shifts the Demand curve

A.

Codes:

(a) (b) (c) (d)

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

B.

Codes:

(a) (b) (c) (d)

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

C.

Codes:

(a) (b) (c) (d)

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

D.

Codes:

(a) (b) (c) (d)

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

 
 

Option: A

Explanation :

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7:  

Match the items in List-I with items in List-II.

List - I

List - II

(i) Private ownership and Free Enterprise.

      a. Secondary Market

(ii) Government ownership and Central Authority.

b     Capitalism
 

(iii) The market for the sale and purchase of previously issued securities.

c.     Primary Market

(iv)  The market for new long term capital.

   Socialism 

 

A.

Codes:

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

(d) (c) (a) (b)

B.

Codes:

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

(c) (d) (b) (a)

C.

Codes:

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

(c) (b) (d) (a)

D.

Codes:

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

(d) (b) (c) (a)

 
 

Option: B

Explanation :

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8:  

Which one of the following is not a monetary incentive to sales people?

A.

Bonus

B.

Staff meeting

C.

Travelling allowance

D.

Both (B) and (C)

 
 

Option: D

Explanation :

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9:  

Match the items of List-I with the items of List-II and select the correct answer.

    List - I                         List - II

(i) Grapevine                (a) Task group

(ii) Formal group          (b) Field force theory

(iii) Informal group      (c) Gossip

(iv) Kurt Lewin             (d) National group

A.

Codes:

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

(c) (a) (d) (b)

B.

Codes:

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

(d) (c) (b) (a)

C.

Codes:

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

(a) (b) (c) (d)

D.

Codes:

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

(b) (a) (d) (c)

 
 

Option: A

Explanation :

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10:  

Out of the following, which are the schemes of Social Security?

(i) Provident Fund Scheme

(ii) Health Insurance Scheme

(iii) Job Guarantee Scheme

(iv) Maternity Benefit Scheme

(v) Merit Promotion Scheme

(vi) Compulsory and Voluntary Social Insurance Scheme

(vii) Child Insurance Scheme

A.

(i), (ii), (iv) and (vi)

B.

(ii), (i), (v) and (vii)

C.

(iii), (v), (iv) and (vi)

D.

(iv), (vii), (iii) and (ii)

 
 

Option: A

Explanation :

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