JUNE 2013 - Paper 2

11:  

Identity the item which does not include under Current Account transaction.

A.

Services

B.

Non-monetary movement of gold

C.

Unilateral transfer

D.

Investment income

 
 

Option: B

Explanation :

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12:  

Who is Chairman of 13th Finance Commission?

A.

Dr. C. Rangarajan

B.

Mr. Vimaljalan

C.

Dr. Vijay C. Kelkar

D.

None of the above

 
 

Option: C

Explanation :

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13:  

Assertion (A) : Want-satisfying power of a commodity is called its utility.

Reason (R) : Utility may not have the characteristic of morality.

 

A.

Both (A) and (R) are correct.

B.

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

C.

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

D.

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

 
 

Option: A

Explanation :

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14:  

The general pattern of behaviour, shared belief and values that members have in common is known as

A.

Organisation climate

B.

Organisation culture

C.

Organisation effectiveness

D.

Organisation matrix

 
 

Option: B

Explanation :

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15:  

Under Section 37 of the Banking (Regulation) Act, a moratorium order can be issued by the High Court for a maximum total period of

A.

One month

B.

Six months

C.

One year

D.

One and a half year

 
 

Option: B

Explanation :

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