June 2010 - Paper 2

6:  

The concept of Small Scale Industries (SSIs) was brought to fore by the

A.

Industrial Policy Resolution, 1948

B.

Industrial Policy Resolution, 1956

C.

Industrial Policy Statement, 1977

D.

None of the above

 
 

Option: C

Explanation :

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7:  

A consumer consuming two goods will be in equilibrium, when the marginal utilities from both goods are

A.

maximum possible positive

B.

minimum possible positive

C.

equal

D.

zero

 
 

Option: C

Explanation :

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8:  

Which one of the following was not main contribution of F. W. Tailor?

A.

Scientific Management

B.

Time and motion studies

C.

Differential wage plan

D.

Modern management

 
 

Option: D

Explanation :

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9:  

Discounted cash flow criteria for investment appraisal does not include

A.

Net present value

B.

Benefit-cost ratio

C.

Accounting rate of return

D.

Internal rate of return

 
 

Option: B

Explanation :

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10:  

The Commercial Banks in India are governed by

A.

Reserve Bank of India Act, 1934

B.

Indian Companie's Act, 1956

C.

Indian Banking Regulation Act, 1949

D.

Securities and Exchange Board of India Act, 1993

 
 

Option: A

Explanation :

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