IT
Question : The Inter-State Council consists of________ ministers of Cabinet rank in the Union Council of Ministers nominated by the Prime Minister of India.
Option 1: six
Option 2: two
Option 3: ten
Option 4: four
Correct Answer: six
Solution : The correct answer is six.
The Indian Constitution's Article 263 provides for the creation of an inter-state council. It will improve the States' and the Centre's coordination.
It consists of the following members:
Question : Assertion: Scientific management principles emphasize the standardization of tools and equipment.
Reason: It ensures consistency in work processes and reduces errors.
Option 1: Both assertions and reasons are correct, and the reason is the correct explanation of the assertion.
Option 2: Both are correct, but the reason is not the correct explanation.
Option 3: The assertion is correct, the reason is incorrect.
Option 4: The assertion is incorrect, the reason is correct.
Correct Answer: Both assertions and reasons are correct, and the reason is the correct explanation of the assertion.
Solution : The correct answer is (a) Both assertions and reasons are correct, and the reason is the correct explanation of the assertion.
The assertion is correct. Scientific management principles do emphasize
Question : Which of the following statements about coordination is incorrect?
Option 1: It binds all the functions of management. t.
Option 2: It is a process by which a manager synchronises the activities of different departments.
Option 3: The process of coordinating the activities of an organisation begins at the directing stage.
Option 4: None of the above.
Correct Answer: The process of coordinating the activities of an organisation begins at the directing stage.
Solution : Coordination is the force that binds all the functions of management. The process of coordinating the activities of an organisation begins at the planning stage. Organizational structure is developed and staffed in
Question : Which function of marketing is highlighted in the given statement? Statement: It involves deciding the distribution of goods and services from place of production to place of consumption.
Option 1: Physical distribution
Option 2: Product designing and development
Option 3: Transportation
Option 4: Branding
Correct Answer: Physical distribution
Solution : This physical distribution involved deciding the distribution of goods and services from place of production to place of consumption. The important areas under physical distribution include managing inventory storage and warehousing and transportation of goods from one place to other.
Hence, option A is
Question : Assertion: Effective management can lead to a competitive advantage for an organization.
Reason: It helps in delivering products and services more efficiently than competitors.
Option 1: Both assertion and reason are correct, and the reason explains the assertion.
Option 2: Both assertion and reason are incorrect.
Option 3: The assertion is correct, but the reason is incorrect.
Option 4: The assertion is incorrect, but the reason is correct.
Option 5: Both assertion and reason are correct, and the reason is not the correct explanation of the assertion.
Correct Answer: Both assertion and reason are correct, and the reason explains the assertion.
Solution : The correct answer is (a) Both assertion and reason are correct, and the reason explains the assertion.
The assertion is correct because effective management can indeed lead to a competitive advantage for an organization.
Question : Assertion: Scientific management principles aim to optimize worker output.
Reason: It promotes standardization and specialization in tasks.
The assertion that scientific management principles aim to optimize
Question : Case Study 8:
JKL Ltd. is a real estate company planning to raise funds for a large-scale construction project.
Question :
JKL Ltd. wants to raise capital for its construction project. Which market should it consider for issuing new securities?
Option 1: Primary market
Option 2: Secondary market
Option 3: Money market
Option 4: Capital market
Correct Answer: Primary market
Solution : The correct answer is (a) Primary market
JKL Ltd. should consider the primary market for issuing new securities to raise capital for its construction project. The primary market is where newly issued securities, such as stocks and bonds, are offered and sold to investors
Question : The main object of every business concern is to earn profits. A business must be able to earn adequate profits in relation to the capital invested in it. The efficiency and the success of a business can be measured with the help of_____________
Option 1: Activity ratio
Option 2: Liquidity ratio
Option 3: Solvency ratio
Option 4: Profitability ratio
Correct Answer: Profitability ratio
Solution : Answer = Profitability ratio Business efficiency is measured the Profitability. "Profitability" refers to the Financial Performance of the Business. Profitability ratios assess a business's ability to generate profits relative to its investments and operations. They provide insights into the efficiency and success of the
Question : Comprehension:
In the following passage, some words have been deleted. Read the passage carefully and select the most appropriate option to fill in each blank.
In ancient times, Hieun Tsang, a Chinese traveller came to India during the (1)______ of King Harsha. He praised the Indians (2)______ 'people with pure moral principles’. In 2014, India (3)______ 85th in the corruption perception index of the Transparency International. What (4)______ downfall! Isn’t it ironical that we Indians (5)______ by the ideals of honesty and integrity, self-denial and (6)______ but in practice willingly resort to the (7) ______ forms of corruption to promote our interests? The (8)______ of corruption is eating into the (9) ______ of our society and we have become helpless (10)______ of our own degradation.
Question:
Select the most appropriate option to fill in the blank no. 5.
Option 1: declare
Option 2: affirm
Option 3: swear
Option 4: assert
Correct Answer: swear
Solution : The correct choice is the third option.
Swear means to make a solemn statement or promise, undertaking to do something or affirming that something is the case. It helps convey the intended meaning that Indians live by the ideals of honesty and integrity.
Question : Authorised share capital is also known as:
Option 1: Called up Capital
Option 2: Issued Capital
Option 3: Reserve Capital
Option 4: Nominal Capital
Correct Answer: Nominal Capital
Solution : The amount of share capital that a company may at any time raise by issuing new shares is known as authorised capital, sometimes known as nominal capital, and it is specified in the Memorandum of Association (MOA). A company is not permitted to issue
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