June 2014 - Paper 3

51:  

Mr. X, a non-resident, earned Rs. 36,000 as interest on German Development Bonds. Of this, he received one-sixth in India. The amount to be included as interest for the computation of his Gross Total Income is

A.

Rs. 36,000

B.

Rs. 30,000

C.

Rs. 6,000

D.

Nil

 
 

Option: C

Explanation :

Click on Discuss to view users comments.

Write your comments here:



52:  

Which of the legislation(s) do (does) not form part of the legal environment of business in India?

A.

The Drugs and Cosmetics Act, 1940

B.

The Prevention of Food Adulteration Act, 1954

C.

The Monopolies and Restrictive Trade 'Practices Act, 1969

D.

Both (B) and (C) above

 
 

Option: D

Explanation :

Click on Discuss to view users comments.

Write your comments here:



53:  

A primary group influencing the buyer behaviour is a

A.

Family

B.

Professional association

C.

Religious group

D.

Trade Union

 
 

Option: A

Explanation :

Click on Discuss to view users comments.

Write your comments here:



54:  

Which of the following financial institutions is not with in the supervisory Purview of Reserve Bank of India?

A.

Foreign Commercial Banks Operating in India

B.

Regional Rural Banks

C.

Mutual Funds

D.

State Co-operative Banks

 
 

Option: C

Explanation :

Click on Discuss to view users comments.

Write your comments here:



55:  

In the context of globalization, 'Levitt Thesis' means

A.

Standardisation strategy to respond to the worldwide homogenised market and expand the market through aggressive low pricing

B.

Customise products to regional markets

C.

Customise products to meet the national market

D.

None of the above

 
 

Option: A

Explanation :

Click on Discuss to view users comments.

Write your comments here: