June 2014 - Paper 3

36:  

The Competition Act, 2002, seeks to regulate

A.

Anti-competitive agreements

B.

Mergers and amalgamation

C.

Unfair trade practices

D.

(A) and (B) above

 
 

Option: D

Explanation :

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37:  

The mathematical formula for joint probabilities P(AB) = P(A/B) x P(B), holds when

A.

The events are statistically independent.

B.

The events are statistically dependent.

C.

The event is either independent or dependent.

D.

None of the above

 
 

Option: B

Explanation :

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38:  

Indicate the quantitative methods of job evaluation

A.

Ranking methods and Job comparison method

B.

Point rating method and Factor comparison method

C.

Grading method and Job classification method

D.

Factor comparison method and Ranking method

 
 

Option: B

Explanation :

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39:  

Match the following :

List - I                                     List - II

(a) Fayol                              (1) Economy and Society

(b) Taylor                             (2) General and Industrial Administration

(c) Weber                             (3) Principles of Organization

(d) Mooney and Reilly          (4) Shop Management

A.

Codes:

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

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

B.

Codes:

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

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

C.

Codes:

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

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

D.

Codes:

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

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

 
 

Option: B

Explanation :

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40:  

The Repo and Reserve Repo rates are resorted to by the RBI as a tool of

A.

Credit Control

B.

Settlement Systems

C.

Currency Management

D.

Liquidity Control

 
 

Option: D

Explanation :

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