Maharastra Set 2011 – August

  1. _______Shows the gap between government expenditure and government receipts.
    (a) Revenue Deficit
    (b) Budget Deficit
    (c) Fiscal Deficit
    (d) Primary Deficit
  2. ______is designed to make necessary structural changed in the economy.
    (a) Monetary Policy
    (b) Fiscal Policy
    (c) Credit Policy
    (d) Tax Policy
  3. ____is the less inflationary as compared to indirect taxes broadly in a scarcity ridden economy.
    (a) Public expenditure
    (b) Public debt
    (c) Deficit financing
    (d) Capital expenditure
  4. Mahalanobis was of the opinion that without adequate investment in___,it would not be possible to achieve rapid self-reliant economic growth.
    (a) Basic heavy industries
    (b) Small industries
    (c) Medium industries
    (d) Agriculture sector
  5. The world trade organisation was established on_______.
    (a) January 1,1994
    (b) January 1,1995
    (c) January 1,1996
    (d) January 1,1997
  6. The conventional break-even analysis does not assume that__.
    (a) Selling price per unit will remain fixed
    (b) Total fixed cost will remain the same
    (c) Cost per unit will vary
    (d) Productivity per worker will remain unchanged
  7. If the fixed cost decrease while variable cost remains constant,the new contribution margin in relation to the old contribution margin will be_____.
    (a) Lower
    (b) Unchanged
    (c) Higher
    (d) In determinant
  8. The funds required by way of permanent working capital should be provided by_____.
    (a) Indigenous Banks
    (b) Commercial Banks
    (c) Reserve Bank of India
    (d) Proprietors
  9. Standard costs are useful to determine the cost of a product as a____cost.
    (a) Predetermined
    (b) Direct
    (c) Fixed
    (d) Historical
  10. Which of the following standards can be attained under the most favorable conditions possible?
    (a) Basic standard
    (b) Normal standard
    (c) Expected standard
    (d) Theoretical standard
  11. There are____types of price elasticity of demand.
    (a) Two
    (b) Three
    (c) Four
    (d) Five
  12. Marginal utility approach was finalized by________.
    (a) J.R.Hicks
    (b) Alfred Marshall
    (c) J.S.Mill
    (d) A.C. Pigou
  13. Opportunity costs are also known as:
    (a) Spill over costs
    (b) Money costs
    (c) Alternative costs
    (d) External costs
  14. Price effect in indifference curve analysis arises______.
    (a) When the consumer becomes either better off or worse off because price change is not compensated income change
    (b) When income and price change
    (c) When the consumer is better off due to a change in income and price
    (d) When there is unpredictable change in income,price and demand
  15. Monopolist can decide_________.
    (a) Price
    (b) Quantity
    (c) Both price and quantity
    (d) Either price or quantity
  16. The median of 6 numbers is 25. if the highest number is increased by 4 and the smallest number is decreased by 3, the new median will be______.
    (a) 26
    (b) 25.5
    (c) 25
    (d) 24
  17. The measure of dispersion used to compare the variability in the two sets of observations is______.
    (a) Standard deviation
    (b) Range
    (c) Mean deviation
    (d) Coefficient of variation
  18. For testing the null hypothesis of independence of two attributed the statistical test used is_____.
    (a) F-test
    (b) t-test
    (c) Chi-square test
    (d) Z-test
  19. The regression coefficient of Y on X is-0.9 and that of  X on Y is -0.4. Hence the correlation coefficient between X and Y is:
    (a) -0.36
    (b) -0.6
    (c) 0.36
    (d) 0.6
  20. Hygiene motivation theory is coined by_____.
    (a) Abraham Maslow
    (b) Elton Mayo
    (c) Hertzberg
    (d) Peter Drucker
  21. Which of the following is the first systematically stated theory of motivation?
    (a) Hertzberg’s theory
    (b) Maslow’s theory
    (c) Monistic theory
    (d) McGregor’s theory
  22. The essence of communication is_____.
    (a) Transmitting information
    (b) Sharing information
    (c) Imparting knowledge
    (d) Sharing understanding
  23. Which clause of listing agreement is related to corporate Government?
    (a) 39
    (b) 49
    (c) 59
    (d) 69
  24. Which one of the following is not related to business ethics?
    (a) Environmental ethics
    (b) Social responsibility of business
    (c) Profiteering
    (d) Ecological consciousness
  25. _________Marketing strategy involves the achievements of the lowest cost position in an industry so as to have more than average profit by reducing prices.(a)  Differential
    (b) Cost Leadership
    (c) Price Leadership
    (d) Differential Advantage
  26. _____attempts to acquire and retain customers by contacting them without the use of intermediaries. it involves distribution of products to target customers through interactive communication.
    (a) Indirect Marketing
    (b) Promotional Marketing
    (c) Direct Marketing
    (d) Social Marketing
  27. It is the concept that deals with the net result of all investments and efforts that marketers put into building a_____.
    (a) Brand value
    (b) Brand image
    (c) Brand Loyalty
    (d) Brand equity
  28. The pricing method where different prices are charged for the same product by the company in different market segments or zones to attract different customer groups______.
    (a) Affordability based pricing
    (b) Psychological pricing
    (c) Differentiated pricing
    (d) Value pricing
  29. The marketing concept that focuses totally on customers and the organisation entire gamut of functioning related to value creation and value delivery is______.
    (a) Customers valve
    (b) Customers satisfaction
    (c) Customers retention
    (d) Customers relationship
  30. The asset generally not suitable for secularization is____.
    (a) Receivables from Government department
    (b) Trade receivables
    (c) Hire-purchase finance receivables
    (d) Mortgage loan
  31. Under forfeiting the client is able to get credit facility to the extent of_____of the value of export bill.
    (a) 70%
    (b) 80%
    (c) 100%
    (d) 90%
  32. Efficient management of liquidity and financial risk in business is termed as________.
    (a) Risk
    (b) Financial
    (c) Cash
    (d) Treasury
  33. ________involves comparison of different firm’s financial ratios at the same point of time.
    (a) Inter-firm comparison ratios
    (b) Trend ratios
    (c) Time series analysis ratios
    (d) Projection ratios
  34. The explicit cost is the _______,Which equates the present value of cash inflows with the present value of cash outflows.
    (a) Present rate
    (b) Discount rate
    (c) Internal rate
    (d) Out flows rate
  35. Management by objective is a__________________.
    (a) Result oriented appraisal
    (b) Leadership by example
    (c) Newer rating methods appraisal
    (d) Conventional rating appraisal
  36. When production is decline in one department and increasing in another department, Where additional help is required,some employees from the former may be transferred to the latter is____.
    (a) Remedial transfer
    (b) Shift transfer
    (c) Replacement transfer
    (d) Production transfer
  37. Social acceptance and friendship are______needs.
    (a) Safety
    (b) Self-actualization
    (c) Esteem
    (d) Social
  38. Salary dissatisfaction is______.
    (a) Personal problem
    (b) Job-related problem
    (c) Organisation problem
    (d) Environmental problem
  39. Job satisfaction is measured by asking questions and collecting information on how employees feel like behaving on how employees feel like behaving with respect to certain aspects of their job is known as__________________.
    (a) Rating scale
    (b) Critical incidents
    (c) Personal interviews
    (d) Action tendencies
  40. A bank that offers wide range of financial services including commercial and investment banking, is termed as______________.
    (a) Universal Bank
    (b) Unit Bank
    (c) Multinational Bank
    (d) Merchant Bank
  41. The organisation that undertakes corporate services and advises client on fund based and investment services is ___________.
    (a) Venture capitalist
    (b) Merchant Banker
    (c) Underwriter
    (d) Investment
  42. ________is a contract whereby the owner of the asset transfers the right to use the asset against the payment of fixed interest.
    (a) Lease
    (b) Hire-Purchase
    (c) Bailment
    (d) Contractual sale
  43. The norms on income recognition, asset classification and provisioning pertaining to advances and capital adequacy are called as________.
    (a) General balancing norms
    (b) Prudential norms
    (c) Asset,liability management norms
    (d) Investment and income recognition norms
  44. When an asset ceases to generate income for the bank and principal remains overdue for a period of more than 90 days, it is termed as__________.
    (a) Out of order loans
    (b) doubtful assets
    (c) Wasting assets
    (d) Non-performing assets
  45. An area designated by a Govt. of the country for duty free entry of any non-prohibited goods is called as______.
    (a) Special economic zone
    (b) Free trade zone
    (c) Foreign trade zone
    (d) International commercial markets
  46. The attempt to conceal or disguise the ownership or source of the criminal or source of the criminal activity and integrate them into legitimate financial system to acquire assets is____.
    (a) Black money
    (b) Illegal trade
    (c) Money laundering
    (d) Black marketing
  47. The bonds that are issued at heavy discount and pay no interest but are redeemable at per at future date are________.
    (a) Convertible debentures
    (b) green Bonds
    (c) Zero coupon bonds
    (d) Govt. security bonds
  48. The exchange of goods and services for goods and services where money is not used is_______.
    (a) Cartel
    (b) Swapping
    (c) Barter
    (d) Free trade
  49. A system of selling abroad at prices lower than those charged in the home or other markets is_______.
    (a) Dumping
    (b) Quota system
    (c) State trading
    (d) Quantity restriction