JUNE 2013 - Paper 3

51:  

The Learner Index measures

A.

Market power

B.

Price

C.

Price-Marginal cost

D.

None of the above

 
 

Option: A

Explanation :

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52:  

Which of the following tests can be applied to ordinal scale data?

(i) Chi-square test

(ii) 'Z' test

(iii) Kruskal-Wallis test

(iv) Wilcoxon Mann-Whitney test

A.

(i), (ii) and (iii)

B.

(ii), (iv) and (iii)

C.

(i), (iii) and (iv)

D.

(i), (ii) and (iv)

 
 

Option: C

Explanation :

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53:  

Which form of retail outlet has the highest operating costs?

A.

Supermarket

B.

Consumer co-operative store

C.

Department store

D.

Retail chain store

 
 

Option: C

Explanation :

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54:  

Which of the following principle serves as a warning to organisations not to take the selection and promotion process lightly?

A.

Promotion Principle

B.

Drucker Principle

C.

Validity Principle

D.

Peter Principle

 
 

Option: D

Explanation :

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55:  

Assertion (A) : The Indian economy could survive in the recent global recession due to its strong banking system.

Reason (R) : The Indian economy contains a large amount of black money.

 

A.

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

B.

Both (A) and (R) are correct, but (R) is not the correct explanation of (A).

C.

(R) is correct, but (A) is not the appropriate assertion of (R).

D.

Both (A) and (R) are incorrect.

 
 

Option: B

Explanation :

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