JUNE 2013 - Paper 3

26:  

Consider the following statements and indicate the correct alternative from the codes given below :

(i) The product management system often turns out to be costly.

(ii) When customers belong to different user groups with distinct buying preferences and practices, a market management organization is not suitable.

(iii) Advertising department has the closest interface with the finance department of the company.

A.

(i) and (ii) are correct.

B.

(ii) and (iii) are correct.

C.

Only (i) is correct.

D.

All are correct.

 
 

Option: C

Explanation :

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27:  

When a loan will be NPA?

A.

Interest and/or loan instalments overdue for more than 90 days.

B.

Account is out of order for more than 90 days in case of overdraft/cash credit.

C.

Bill remains overdue for more than 90 days.

D.

All of the above.

 
 

Option: D

Explanation :

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28:  

Which of the followings are not effect of dumping on importing country?

(i) Domestic industry might be affected adversely by a decline in sales and profits.

(ii) If dumping is continued for a longer period, survival of the domestic industry may be threatened.

(iii) Dumping may create BOP problems for the country.

(iv) It finds market for its surplus production.

A.

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

B.

(ii), (iii) and (iv)

C.

(iii) and (iv)

D.

Only (iv)

 
 

Option: D

Explanation :

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29:  

Match the items of the following two lists and indicate the correct answer :

               List - I                               List - II

(i) Earning ability of firm        (a) Basis of Accounting

(ii) Conservatism                   (b) P/V ratio

(iii) Cash profit                       (c) Cash flow statement

(iv) Cash and Accrual           (d) Prudence

A.

Codes:

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

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

B.

Codes:

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

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

C.

Codes:

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

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

D.

Codes:

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

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

 
 

Option: A

Explanation :

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30:  

Which among the following is the most popular approach for accomplishing the results?

A.

Management by exception

B.

Reward system

C.

Management by objectives

D.

Mentor system

 
 

Option: C

Explanation :

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