‘In make or Buy’ decision, it is profitable to buy from outside only when the supplier”s price is below the firm’s own
(a) Fixed Cost
(b) Variable Cost
(c) Total Cost
(d) Prime Cost
Which Formula is used measure the degree of Operating leverage?
(a) C/EBIT
(b) EBIT/C
(d) EBIT/C
(e) EBIT/Sale
The managerial function of staffing is most closely related to
(a) Marketing
(b) Leading
(c) Organising
(d) Controlling
A life policy for the face value of Rs.1 lakh has paid up value of Rs.25000/-and surrender value of Rs.20000/- What is the maximum amount that bank shall advance,keeping a margin of 10%?
(a) Rs.16000
(b) Rs.80000
(c) Rs.20000
(d) Rs.12000
Which promotional tool is most cost effective when a product is in the decline stage of its product life cycle?
(a) Sales promotion
(b) Personal selling
(c) Advertising
(d) Public relations
Which among the following is mot a voluntary method for prevention and settlement of disputes?
(a) Works Committee
(b) Joint Consultation
(c) Collective Bargaining
(d) Standing orders
Which among these is not a global force impacting the Indian Economy
(a) Dynamics of capital flow
(b) Integrating the role of Technology
(c) Need of Attitudinal change
(d) Integrating the role of purchasing
The incumbent management is entitled to receive fabulous compensation in the event of takeovers.
(a) Dual Class
(b) Greenmail
(c) Golden parachute
(d) Poison pills
In pre-learning preparation, an important stage of communication is
(a) Information acquisition and its processing
(b) Ignoring semantic noise
(C) Iconisation of encoder
(d) Conditioned feedback
The wide area network is established through
(a) Leased Telecommunication circuits
(b) Spectrum
(c) Intranet
(d) Internet
The period of revival of business activity is termed as the period of
(a) Boom
(b) Reflection
(c) Recovery
(d) Recession
A null Hypothesis is
(a) When there is no difference between the variables
(b) When there is a difference the variables
(c) Subjective in nature
(d) The same as research hypothesis
Arrange the following staffing procedures in the correct sequences:
(i) Determining sources of personnel supply
(ii) Preparing personal specifications.
(iii) Selection of personal]
(iv) Determining personal characteristics
(a) ii,iii,i,iv
(b) ii,i,iv,iii
(c) i,ii,iii,iv
(d) i,iii,iv
India is not associated with
(a) SAARC
(b) NAFTA
(c) BRICS
(d) None of these
Expenses incurred for the purpose of amalgamation are deductible
(a) 50% of 2 Successive PY
(b) 100% during PY
(c) 20% for Successive PY
(d) Not Deductible
The portion of the authorized capital which can be called up only on the liquidation of the company is called
(a) Unsubscribed capital
(b) Reserve capital
(c) Paid up capital
(d) Issued capital
Which one of the following is not a capital market instrument___
(a) Debenture
(b) Bond
(c) Certificate of Deposits
(d) Stock Certificate
Which one is not deduct able under section 80 for assessment of companies
(a) 80 C
(b) 80 LA
(c) 80 G
(d) 80 IA
Under which system of valuation, SDRs were valued in terms of 16 currencies, which were assigned specific weights?
(a) Standard basket valuation
(b) Standard charted valuation
(c) Various currencies valuation
(d) None of these
which of the following source of finance has an implicit cost of capital?
(a) Equity share capital
(b) Debentures
(c) Retained earnings
(d) Preference share capital
Balance of payment includes components
(a) Current Account,Capital Account,Unilateral Payment Accounts,Official Settlement Account
(b) Revenue Account, P & L Account, Capital Account, Official Account
(c) Forex Account, Trade Account,Funds Account
(d) Trade Account, Activity Account, Revenue Account, Currency Account
Which research includes all types of researches into human motives when it refers to qualitative research designed to uncover the consumers sub consciousness or hidden motivations?
(a) Price Research
(b) Marketing Research
(c) Managerial Research
(d) Motivational Research
An asset which ceases to generate income for the bank is a
(a) Non-performing asset
(b) Overdraft
(c) Bill discounting
(d) Cash discounting
When the securities of a firm are traded, its value can be obtained by merely adding the market value of all outstanding securities.
(a) Direct Comparison Approach
(b) Adjusted Book Value Approach
(c) 3 Stage Growth Model
(d) Stock and Debt Approach
Capital adequacy norm is expressed as a percentage of
(a) Sub-standard asset
(b) Risk adjusted asset
(c) Investment
(d) Standard asset
India suffered from deficit balance both in trade and balance and not invisible hence took up a number of steps to manage the problem. when one is not appropriate for this?
(a) Liberalism Export Policy
(b) Current Account Convertibility
(c) Export control
(d) Unified Exchange Rate
Which one of the following is a recent E-Banking initiative in Commercial Banks in India?
(a) NEFT
(b) NET Banking
(c) RTGS
(d) NECS
The surplus left after providing for a change on all capital employed in the business is known as
(a) Social Value Added
(b) Economical Value Added
(c) Cash Value Added
(d) BCG Approach
When a gamishee order is served, the banker
(a) Should stop the operations in the judgment debtor’s A/c and retain the balance
(b) Need not stop the A/c
(c) Should pay the balance in the judgement debtors’A/c to the court
(d) Should pay the balance in the judgement debtors’A/c to the creditor
Which among the following is not a category of Non-Performing Assets?
(a) Substandard Asset
(b) Doubtful Debts
(c) Loss Assets
(d) Devaluation Assets
A consumer can file a complaint under the consumer protection Act,1986, on any of the following grounds except
(a) Charging very high price
(b) Provision of deficient service
(c) Sale of defective goods
(d) Unfair trade practice
Tax planning is related to
(a) Reduction in Liability
(b) Profit
(c) Cost
(d) Account
The term capital structure refers to
(a) Current assets and current liabilities
(b) Shareholders equity
(c) Total assets minus liabilities
(d) Long term debt,preferred stock,common stock equity
What combination of the following factors influences the working capital requirement?
i. Market conditions
ii. production policy
iii. Firms goodwill
iv. Production Policy
(a) i,iii,iv
(b) i,ii,iii
(c) i,iii,iv
(d) i,ii,iv
Liberalization means
(a) Reducing number of reserved industrial from 17 to 8
(b) Opening up of economy to the world by attaining international competitiveness
(c) Free determination of interest rates
(d) Liberating the industry trade and economy from unwanted restrictions
Venture capital financing at starting stage generally not done through
(a) Conditional loan
(b) Deep discount bonds
(C) Equity shares
(d) Debt instruments
Consider the following
1. Tariff binding
2. Tariffication
3. Tariff cuts
4. Reductions in subsidies and domestic support
Which of the above are aspects of the Uruguay round agreement on agriculture?
(a) 2,3,4
(b) 1,3,4
(c) 1,2,3
(d) 1,2,3,4
Playing float is a concept used in
(a) Cash management
(b) Inventory management
(c) Receivables management
(d) None of these
The trading strategy whereby the options trader buy call options with belief that the price of the underlying security will rise significantly beyond the strike price before the option expiration date
(a) Short put
(b) Short call
(c) Long call
(d) Long put
In the normal distribution the data values are clustered around the
(a) mode
(b) standard deviation
(c) mean
(d) median
The description of a products quality, feature,style,brand name and packaging identifiers the
(a) Tangible product
(b) Actual product
(c) Augmented product
(d) Core product
Deciding where to locate new production facilities is an example of a manufacturing and production information system operating at the
(a) Operational level
(b) Management level
(c) Strategic level
(d) Knowledge level
The phenomenon in international finance whereby relative exchange rates reflects differences in the relative purchasing power of a currency in the two countries.
(a) International taxation
(b) Inflation accounting
(c) Purchasing power parity
(d) Accounting rate of return
Unabsorbed depreciation which could not be set-off in the same assessment year,can be carried forward up to
(a) 8 years
(b) 10 years
(c) Indefinite period
(d) 4 years
The logic of the “Random Walk” idea is that if the flow of information is unimpeded and reflected in stock prices, is associated in________approach.
(a) Economics
(b) Efficient market
(c) fundamental
(d) Trend
India’s new stock exchange MCX-SX stands for stock exchange
(a) Modern dual commodity exchange
(b) Multi – commodity exchange
(c) Mutual supply commodity exchange
(d) Monitory circular exchange
Laissez faire policy is adopted in
(a) Socialist economic system
(b) mixed economics system
(c) Capitalist economics system
Reconstruction of a company takes place when
i. the company is undercapitalized
ii. Company has incurred heavy losses which must be written off
iii. the company is overcapitalized
which one of the following correct?
(a) i and iii only
(b) i and ii only
(C) i, ii and iii only
(d) ii and iii only
The research is always
i. exploring new knowledge
ii. Filling the gap between the knowledge
iii. verifying the old knowledge
(a) ii and iii
(b) i and ii
(c) i,ii and iii
(d) i only
BOLT stands for
(a) Bullet on line ticket
(b) Bombay on line trading
(c) An old purchasing system of stock
(d) Bombay offset leading trend
Selection is the process which begin after
(a) recruitment
(b|Training
(c) Appointment
(d) Job rotation
A standardize contract between two parties to buy or sell a specified asset of standardized quantity for a price agreed upon today with delivery and payment occurring a specified future date,the delivery date.
(a) Put option
(b) Call option
(c) Futures contract
(d) Interest rate swaps
Risk management can be defined as the art and science of_____risk factors throughout the life cycle of a project.
(a) identifying,reviewing and avoiding
(b) researching, reviewing and acting on
(c) reviewing, monitoring and managing
(d) identifying, analyzing and responding to
An e Cheque is a payment made directly from bank account, if the account is not backed by
(a) smart card
(b) both debit and credit card
(c) debit card
(d) credit card
In email address,the part before the @ symbol identifies the
(a) name of the search engine
(b) name of a mail box
(c) administrative real
(d) name of the sender
By which act government checks restrictive trade?
(a) Industrial Policy Act1991
(b) MRTP Act
(c) FEMA Act
(d) None of these
Acquisition means
(a) consolidate assets and liabilities into one business
(b) one entity purchase the business of another entity
(c) amalgamate and do business of another entity
(d) the fusion of two or more than two companies voluntarily to form a new company
Compute the economic batch quantity for a company using batch costing with the following information: Annual demand for the component 24000,setup cost per batch Rs.120, carrying cost per unit of production Rs.0.36.
(a) 6000 units
(b) 4200 units
(c) 4800 units
(d) 4000 units
Given the following data calculate the regression coefficient of X on Y. Person’s correlation coefficient= 0.8 choose the correct answer from the following:
(a) 0.82
(b) 0.80
(c) 0.32
(d) 0.64
If bxy =0.25 and byx = 0.64, correlation coefficient is
(a) 0.30
(b) 0.16
(c) 0.89
(d) 0.40
The managerial function of organizing involves
(a) Establishing programmed for the accomplishment of objectives
(b) Reviewing and adjusting plan in the light of changing conditions
(c) Getting things done through others
(d) Creating structure of functions and duties to be performed
Quoting PAN is compulsory if cash deposit in a day, with banking company exceeds
(a) Rs.30.000
(b) Rs.100.000
(c) Rs.20.000
(d) Rs.50.000
An asset whose value is primarily determined by the value of underlying asset.
(a) Delta
(b) Exchange
(c) Derivative
(d) Butterfly
Which one of the following is not the fund based business of commercial bank?
(a) RTGS/NEFT transactions
(b) Overdraft facility
(c) Issuance of letter of credit
(d) Acceptance of deposit
In case of breach of a warranty, the buyer can
(a) Refuse to pay the price
(b) Repudiate the contract
(c) Claim damages only
(d) Return the goods
Calculate coefficient of variation, when mean is 58.375 and standard deviation is 10.36
(a) 18.25%
(b) 17.45%
(c) 16.75%
(d) 17.75%
In foreign exchange exposure which category is not related-
(a) Transaction exposure
(b) Translation exposure
(c) Contribution exposure
(d) Operating exposure
The duration of call money market operation is_____
(a) 1-14 days
(b) 182 days
(c) 91 days
(d) 364 days
The process of compiling all costs that the owner or producer of an asset will incur over its lifespan.
(a) Operation costing
(b) Process costing
(c) Life cycle costing
(d) Activity based costing (ABC)
The degree of financial leverage reflects the responsiveness of
(a) EPS to changes in EBIT
(b) EPS to changes in total revenue
(c) Net income to changes in total revenue
(d) Operating income to changes in total revenue
Acceptance may be revoked by the acceptor
(a) before the death of acceptor
(b) at any time
(c) before the letter of acceptance reaches offerer
(d) after the letter of acceptance reaches the offerer
Which one is not an element of internal environment?
(a) Operational capability
(b) Marketing capability
(c) Personnel capability
(d) Money and capital market
Which of the following is the best example of agreement between oligopolists
(a) GATT
(b) WTO
(c) OPEC
(d) UNIDO
which of the following is responsible for investigating cases referred to it and deciding whether a proposed merger is in the public interest?
(a) Secretary of State commission of India(CCI)
(b) Competition commission of India (CCI)
(C) Director general of fair trading (DGFT)
The gilt-edged market deals with
(a) Issue of debenture
(b) New issue of equity
(c) Government securities
(d) Securities already issued
The lowering of barriers to free of goods and services established through
(a) IMF
(b) GATT
(c) UNCTAD
(d) WTO
Annual usage of raw material is 6000 units,cost of material per unit of Rs.20, cost of placing and receiving one order Rs.60.annual carrying of one unit 10% inventory value. find out EOQ.
(a) 600 unit
(b) 6 unit
(c) 60 unit
(d) 6000 unit
The industrial policy resolution was passed first in
(a) 1999
(b) 1947
(c) 1956
(d) 1931
Find the odd one out in estimating the cash flows of a project
(a) Incremental principal
(b) Conventional principal
(c) Consistency principal
(d) Separation principal
The highest price at which anyone has expressed a willingness to buy.
(a) Binomial price
(b) Delta price
(c) Bid price
(d) Bearish price
_________is an economic system based on the principal of free enterprise.
(a) Mixed economy
(b) Marxism
(c) Capitalism
(d) Socialism
Which one is correct acronym for DTAA
(a) Double transaction admissible agreement
(b) Double taxation avoidance agreement
(c) Double taxation admissible agreement
(d) Double transaction avoidance agreement
Find the odd one out in relation to foreign exchange exposure
(a) Transaction exposure
(b) Trading exposure
(c) Translation exposure
(d) Operating exposure
Factor endowment theory of international trade was propounded by
(a) P. kindleberges
(b) J.S. Mill
(C) David Ricardo
(d) Bertil – Ohlin
Which method is considered as ideal index number?
(a) Laspeyre’ method
(b) Fisher’s method
(c) Paasche’s method
(d) Simple aggregate method
The minimum number of shares that be purchased in Indian stock market is
(a) Twenty five
(b) One
(c) One Hundred
(d) Ten
In comparing Masliw’s and Hertzberg’s theories of motivation, which motivators of Hertzberg are similar to the need specified by Maslow?
(a) Physiological needs
(b) Self-actualisation needs
(c) Security needs
(d) Affiliation needs
A firm has inventory turn over of 3 and cost of goods sold is Rs.2,70,000.with better inventory management, the inventory is increased to 5. this would result in.
(a) Increase in inventory by Rs.54,000
(b) Increase in cost of goods sold by Rs.20.000
(c) Decrease in inventory by Rs 36.000
(d) Decrease in inventory by Rs 90.000
i. OTCEI starts its operation in 1992.
ii. OTCET starts its time electronic trading system.
(a) Both i & ii are correct
(b) Only i is correct
(c) Only ii is correct
(d) Both i & ii is incorrect
A global decentralized and over the counter (OTC) market for the trading of currencies
(a) Credit market
(b) Debt market
(c) Securities market
(d) Foreign exchange market
The cost unit in a university may be
(a) Department
(b) Faculty
(c) Student
(d) Finance office
A company is planning to enter a foreign market. which of the following entry strategies will give it maximum control?
(a) Direct Investment
(b) Licensing
(c) Financing
(d) Direct export
If a company X is subject to an duty of 25% ad valorem,the nominal tariff is
(a) 25%
(b) 12.2%
(c) 50%
(d) 2.5%
Name the extension used in SPSS to save a data files.
(a) .save
(b) .sav
(c) .docx
(d) .sav.in
The most important retail marketing decision a retailer has to make is to
(a) Select the product assortment
(b) choose the desired service level
(c) Identify its target market level
(d) Develop an effective store atmosphere
The comparative cost advantage theory was given by
(a) David Ricardo
(b) Adam smith
(c) Michael E.Parter
(d) Raymond Venom
Identify from the following the best statistic for which the value of numerator should always be greater than of denominator.
(a) Z’value
(b) ‘F’ value
(c) ‘Chi-square’
(d) ‘t’value
The movement of goods from one state to another attracts
(a) SGST
(b) UTGST
(c) IGST
(d) CGST
For the assessment year 2019-20,what is the rate of tax for the corporate assesses – (Indian Companies)
(a) 30%
(b) 25%
(c) 28&
(d) 35%
Which method does not consider the time value of money?
(a) Average rate of return
(b) Net present value
(c) Internal rate of return
(d) Profitability index