JUNE 2013 - Paper 3

31:  

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

(i) A good salesman is one who can sell refrigerator to an Eskimo.

(ii) Salesmen are born, not made.

(iii) Physical distribution is an area where high cost-savings is possible. 

A.

(i) and (iii) are correct.

B.

(i) and (ii) are correct.

C.

(ii) and (iii) are correct.

D.

All are correct.

 
 

Option: A

Explanation :

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32:  

What combination of the following factors influences the working capital requirement?

I.. Market Conditions

II. Production Policy

III. Firm's goodwill

IV. Supply conditions

A.

I, II and III

B.

II, III and IV

C.

I, III and IV

D.

I, II and IV

 
 

Option: D

Explanation :

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33:  

Donation to National Children's Fund will come in which of the following deduction under Sec. 80G of Income Tax Act, 1961.

A.

100 percent deduction without any qualifying limit.

B.

50 percent deduction without any qualifying limit.

C.

100 percent deduction subject to qualifying limit.

D.

50 percent deduction subject to qualifying limit.

 
 

Option: B

Explanation :

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34:  

Assertion (A) : Most of the development bank in India have setup private commercial banks after the introduction of capital adequacy norms.

Reason (R) : Development banks in India have not adhered to their basic objectives.

 

A.

(A) and (R) both are correct, and (R) is correct explanation of (A).

B.

(A) and (R) both are correct, but (R) is not a correct explanation of (A).

C.

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

D.

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

 
 

Option: C

Explanation :

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35:  

Out of the following, which are the four components of food security?

(i) Food availability

(ii) Food market

(iii) Food accessibility

(iv) Food utilization

(v) Food credit

A.

(iii),(iv) and (v)

B.

(i), (iii) and (iv)

C.

(i), (ii) and (iii)

D.

(i), (ii) and (iv)

 
 

Option: B

Explanation :

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