Question : Punishment can be awarded for not following a particular element of planning? Name the element
Option 1: Procedure
Option 2: Policy
Option 3: Rule
Option 4: Programme
Correct Answer: Rule
Solution : Rule spell out action or non-action of the employee. There is no discretion allowed in rules. i.e. they must be followed strictly and if rules are not followed then strict action can be taken against employees who are disobeying the rules. In the above case, Punishment can be awarded for not following rule of the organisation. Hence, option 3 is the correct answer.
Question : 'Smoking is prohibited in the factory' what element of planning does it exemplify?
Option 1: Policy
Option 2: Rule
Option 3: Procedure
Option 4: Method
Question : 'In case the debts are not paid within a month, interest at a definite rate will be levied.' To what element of planning does this saying point out?
Option 4: Budget
Question : Name the type of plan, which is in the form of general statements and channelises energies towards a particular directions.
Option 1: Budget
Option 3: Policy
Question : Which of the following is not a type of life insurance policy?
Option 1: Endowment policy
Option 2: Term policy
Option 3: Annuity policy
Option 4: Credit policy
Question : Directions: In the following question letters are skipped between by following a particular rule. Which of the following series observes the rule?
Option 1: BDFIJ
Option 2: DGJLM
Option 3: BDHPF
Option 4: ACFHJ
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