Question : Complete the following sentence The utmost innovation in the field of psychology is that human beings can modify their lives by varying their attitudes of intellect _____. This divulges that humans figure their providence. (A) As you think, so shall you be. (B) A person's success and failure depends upon his/her attitude. (C) Right direction leads an individual to achieve the set goals.
Option 1: Only A
Option 2: Only C
Option 3: B and C
Option 4: A and B
Option 5: Only B
Correct Answer: Only A
Solution : Only A makes logically coherent paragraph.
Question : Assertion: Effective management leads to increased productivity and efficiency in an organization.
Reason: It ensures that resources are used optimally to achieve desired outcomes.
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.
Question : Statement 1: From the point of view of the firm innovation maybe cost increasing. Statement 2: entrepreneurship is creative in the sense that it involves creation of value.
Option 1: Both are true
Option 2: Both are false
Option 3: Statement 1 is true and statement 2 is false.
Option 4: Statement 1 is false and statement 2 is true.
Question : Case Study 30
LMN Corporation is a conglomerate that has executed trades on a stock exchange. The company's management is preparing for the settlement process.
Question :
What does the settlement process involve after LMN Corporation executes trades on the stock exchange?
Option 1: Selecting a broker
Option 2: Matching buy and sell orders
Option 3: Transferring ownership and funds
Option 4: Opening a demat account
Question : Identify the Maslow’s hierarchy need highlighted in the following statement. Challenging job and opportunities for innovation helps to satisfy this need.
Option 1: Self actualisation needs
Option 2: Esteem needs
Option 3: Security needs
Option 4: Basic psychological needs.
Question : Case Study 15: Promoting Innovation
A group of engineers established a startup that designs and manufactures solar-powered water purifiers. They applied for government assistance under an innovation promotion scheme. Question:
The government's innovation promotion scheme focuses on:
Option 1: Discouraging new and innovative products
Option 2: Encouraging entrepreneurs to invest in outdated technology
Option 3: Supporting and promoting innovative ventures
Option 4: Limiting access to government funding for startups
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