1.Which of the following is not regulated by The Competition Act, 2002?
(A) Abuse of dominant position
(B) Anti-competitive agreements (C) Medical negligence (D) Predatory pricing
(A) Abuse of dominant position
(B) Anti-competitive agreements (C) Medical negligence (D) Predatory pricing
Anonymous Quiz
17%
A
29%
B
39%
C
16%
D
2. Indicate what is not correct in respect of the Consumer Protection Act, 1986.
Anonymous Quiz
6%
No complaint can be entertained in respect of a product purchased more than 2 years back.
34%
A complaint against medical negligence can be filed by legal heir or representative of the deceased
19%
A complaint involving a claim of Rs. 15 lakhs is to be filed before the State Commission.
41%
(D) Both (A) and (C)
3. If bonus shares are issued out of pre-acquisition profit, it will have
(A) Direct effect on the Consolidated Balance Sheet (B) No effect on the Consolidated Balance Sheet (C) No effect on Net Profit (D) None of the above
(A) Direct effect on the Consolidated Balance Sheet (B) No effect on the Consolidated Balance Sheet (C) No effect on Net Profit (D) None of the above
Anonymous Quiz
33%
A
26%
B
34%
C
7%
D
4. The present value of the future contributions of employees is one of the methods of
(A) HR Accounting (B) Inflation Accounting (C) Social Accounting (D) Responsibility Accounting
(A) HR Accounting (B) Inflation Accounting (C) Social Accounting (D) Responsibility Accounting
Anonymous Quiz
25%
A
25%
B
26%
C
25%
D
5. A standard which can be attained under the most favourable working conditions is called
(A) Attainable Standard (B) Basic Standard (C) Current Standard (D) Ideal Standard
(A) Attainable Standard (B) Basic Standard (C) Current Standard (D) Ideal Standard
Anonymous Quiz
24%
A
21%
B
20%
C
35%
D
6. Which of the following ratios are taken into consideration by a banker before sanctioning the loan?
(A) Proprietory Ratio (B) Stock-Turnover Ratio (C) Debt-Equity Ratio (D) All of the above
(A) Proprietory Ratio (B) Stock-Turnover Ratio (C) Debt-Equity Ratio (D) All of the above
Anonymous Quiz
19%
A
20%
B
28%
C
32%
D
7. A measure of the responsiveness of quantity demanded to changes in the price of a related good is known as
(A) Cross Elasticity of Demand (B) Substitution Elasticity of Demand (C) Complementary Elasticity of Demand (D) Price Elasticity of Demand
(A) Cross Elasticity of Demand (B) Substitution Elasticity of Demand (C) Complementary Elasticity of Demand (D) Price Elasticity of Demand
Anonymous Quiz
24%
A
23%
B
26%
C
27%
D
8.If the total cost is Rs. 260 and the total variable cost is Rs. 60, what will be total fixed cost if output is (a) 100 units and
(b) 200 units?
(A) Rs. 200 and Rs. 200 (B) Rs. 100 and Rs. 200 (C) Rs. 260 and Rs. 100 (D) Rs. 160 and Rs. 100
(b) 200 units?
(A) Rs. 200 and Rs. 200 (B) Rs. 100 and Rs. 200 (C) Rs. 260 and Rs. 100 (D) Rs. 160 and Rs. 100
Anonymous Quiz
44%
A
20%
B
27%
C
9%
D
9. Optimal input combination to minimize the cost for a given output will be at the point where:
Anonymous Quiz
12%
Isocost is tangent to Isoquant
19%
MRTS between inputs is equal
31%
Any movement from optimum point will lead to low level of output
38%
All the above conditions are fulfilled.
10.What kinds of actions can be taken to put the rivals at a disadvantageous position under oligopoly market?
(A) Commitments (B) Threats (C) Promises (D) All the above
(A) Commitments (B) Threats (C) Promises (D) All the above
Anonymous Quiz
17%
A
17%
B
13%
C
53%
D
Q. 1 The letters in the first set have a certain relationship. On the
basis of this relationship mark the right choice for the second set:
BDFH : OMKI : : GHIK : ?
basis of this relationship mark the right choice for the second set:
BDFH : OMKI : : GHIK : ?
Anonymous Quiz
6%
FHJL
40%
RPNL
29%
LNPR
25%
TQNL
Q. 2 What was the day of the week on 1st January 2001?
Anonymous Quiz
19%
Friday
41%
Tuesday
26%
Sunday
14%
Monday
Q. 3 Find out the wrong number in the sequence.
52, 51, 48, 43, 34, 27, 16
52, 51, 48, 43, 34, 27, 16
Anonymous Quiz
17%
27
35%
34
30%
43
17%
48
Q. 4 In a deductive argument conclusion is:
Anonymous Quiz
38%
Summing up of the premises
23%
Not necessarily based on premises
25%
Entailed by the premises
15%
Additional to the premises
Q. 6 A deductive argument is valid if:
Anonymous Quiz
26%
premises are false and conclusion true
15%
premises are false and conclusion is also false
36%
premises are true and conclusion is false
24%
premises are true and conclusion is true
Q. 7 Structure of logical argument is based on:
Anonymous Quiz
23%
Formal validity
31%
Material truth
36%
Linguistic expression
10%
Aptness of examples