June 2014 - Paper 3

31:  

An MBO programme usually involves the following steps :

1. Establishing unit's objectives

2. Establishing organisational goals

3. Negotiating or agreeing

4. Reviewing the performance

5. Creating action plans

Indicate the correct sequence of the above steps from the following codes :

A.

1, 2, 3, 4, 5

B.

2, 1, 3, 5, 4

C.

2, 3, 1, 4, 5

D.

5, 4, 3, 2, 1

 
 

Option: B

Explanation :

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32:  

Match the items of List-I with those List-II :

List - I

List - II

(1) Career goals

(a) The process where in an executive serves as a guide
 

(2) Career path

(b) The future positions one strives to reach as part of career
 

(3) Career counseling

(c) The sequential pattern of jobs that form a career
 

(4)  Mentoring

(d) Guiding people on their possible career path

 

A.

Codes:

(1) (2) (3) (4)

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

B.

Codes:

(1) (2) (3) (4)

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

C.

Codes:

(1) (2) (3) (4)

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

D.

Codes:

(1) (2) (3) (4)

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

 
 

Option: A

Explanation :

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33:  

The total number of Special Economic Zones notified by the Government of India till March 2011 under the SEZ Act, 2005 is

A.

154

B.

184

C.

286

D.

386

 
 

Option: D

Explanation :

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34:  

Match the items of List - I with the items of List – II :

List - I

List - II

(a) Normal Profit

(I)  Excess of total revenue over total explicit cost

(b) Economic profit

(II) Total revenue equals total economic cost

(c) Accounting profit

 

(III) Excess of total revenue over total of explicit and implicit costs and a normal rate of return

 

A.

Codes:

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

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

B.

Codes:

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

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

C.

Codes:

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

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

D.

Codes:

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

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

 
 

Option: C

Explanation :

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35:  

The different forms of IMF assistance are given below. Identify the one which is mainly meant for Less Developed Countries (LDCs)

A.

Credit Tranche Drawing

B.

Extended Fund Facility

C.

Compensatory Financing Facility

D.

Structural Adjustment Facility

 
 

Option: C

Explanation :

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