June 2012 - Paper 3

26:  

Which of the following is not a capital asset under capital gains head of income?

A.

Stock in trade

B.

Goodwill of business

C.

Agricultural Land in Delhi

D.

Jewellery

 
 

Option: A

Explanation :

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27:  

Match the items of List - I with the items of List - II and select the correct answer using the codes given below the lists :

              List-I                              List-II

(a) Leverage Ratio            (i) Short-term solvency

(b) Liquidity Ratio             (ii) Earning capacity

(c) Turnover Ratio            (iii) Relationship between debt and equity

(d) Profitability Ratio        (iv) Efficiency of Asset Management

A.

Codes:

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

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

B.

Codes:

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

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

C.

Codes:

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

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

D.

Codes:

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

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

 
 

Option: D

Explanation :

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28:  

Which concept of marketing is based on the assumption that superior products sell themselves?

A.

Production

B.

Marketing

C.

Societal

D.

Product

 
 

Option: D

Explanation :

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29:  

What is M.B.O.?

A.

Management by Objective

B.

Multiple Business Organisation

C.

Management by Organisation

D.

Multiplicity of Business Operations

 
 

Option: A

Explanation :

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30:  

Assertion (A) : Inevitably the firm must go to the external sources for lower entry jobs.

Reason (R) : For positions where required qualification/experience are not met.

A.

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

B.

(A) is true, but (R) is false.

C.

(R) is true, but (A) is false.

D.

Both (A) and (R) are correct.

 
 

Option: D

Explanation :

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