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56. Given below are two statements, one labelled as Assertion (A) and the other labelled as Reason (R). Read the statements and choose the correct answer using the code given below. Assertion (A): The growing proportion of the world output is traded internationally, causing faster growth of trade among nations. Reason (R): This situation is bringing world economic integration, which is reinforced by cross-border capital flows and regional blocs. Code:
Both (A) and (R) are correct and (R) is the right explanation of (A).
Both (A) and (R) are correct, but (R) is not the right explanation of (A).
(A) is correct, but (R) is incorrect.
Both (A) and (R) are incorrect.
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57. The following two statements relate to industrial sickness. Choose the correct code for the statements being correct or incorrect. Statement I: The Sick Industrial Companies Act (SICA) was enacted to address a chronic problem of industrial sickness in the Indian economy. Statement II: SICA defined a sick industrial unit as one that had existed for at least three years and had incurred accumulated losses equal to its entire net worth at the end of any financial year. Code:
Statement I is correct, but II is incorrect.
Statement II is correct, but I is incorrect.
Both the statements I and II are correct.
Both the statements I and II are incorrect.
58. Given below are two statements, one labelled as Assertion (A) and the other labelled as Reason (R). Read the statements and choose the correct answer using the code given below. Assertion (A): Identification and detection of sickness at the incipient stage is the first and foremost measure to reduce industrial sickness. Reason (R): Sickness in small scale industries is not a sudden phenomenon but it is a gradual process taking 5 to 7 years eroding the health of a unit beyond cure. Code:
59. Who among the following propounded ERG Theory of Motivation?
McClelland
Skinner
Locke
Alderfer
60. Given below are two statements, one labelled as Assertion (A) and the other labelled as Reason (R). Read the statements and choose the correct answer using the code given below. Assertion (A): Entrepreneurial innovation and experimentation constantly destroy the old and introduce new equilibria, making possible higher standards of living. Reason (R): Markets do not passively tend towards equilibrium until profit margins are wiped out. Code:
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