June 2014 - Paper 2

41:  

Which one of the following emphasizes the qualitative aspects of working capital management?

A.

Gross working capital

B.

Quick working capital

C.

Net working capital

D.

None of the above

 
 

Option: C

Explanation :

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42:  

Crawling Peg System' means

A.

Fixed Exchange Rate System.

B.

Floating Exchange Rate System.

C.

Hybrid of Fixed and Floating Exchange System.

D.

None of the above.

 
 

Option: C

Explanation :

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43:  

Which one among the following is not the salient feature of industrial policy since 1991?

A.

Enormous expansion of the private sector.

B.

Redefining the role of public sector.

C.

Limited exposure of Indian industry to foreign competition.

D.

Pruning of the list of items reserved for SSI units.

 
 

Option: C

Explanation :

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44:  

At a point of satiety for a commodity the marginal utility is

A.

Negative

B.

Positive

C.

Zero

D.

Highly positive

 
 

Option: C

Explanation :

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45:  

Which one of the following options deals with the process of making estimates, predictions and decisions?

A.

Descriptive statistics

B.

Inferential statistics

C.

Probability theory

D.

None of the above

 
 

Option: B

Explanation :

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