McqMate
Chapters
| 301. |
When social criteria is applied on investment decisions it is called ____ |
| A. | social responsiveness |
| B. | ethical obligation |
| C. | social screening |
| D. | financial return |
| Answer» C. social screening | |
| 302. |
The recognition of the close link between an organization’s decisions and activities and its impact on the natural environment is called __________. |
| A. | global environment |
| B. | greening of management |
| C. | social actions |
| D. | none of the above |
| Answer» B. greening of management | |
| 303. |
……………. Generally refers to transparent business practices that are based on ethical values, compliance with legal requirements, and respect for people, communities, and the environment. |
| A. | corporate social responsibility |
| B. | code of ethics |
| C. | ethical standards |
| D. | none of the above |
| Answer» A. corporate social responsibility | |
| 304. |
WBCSD stands for |
| A. | world business council for sustainable development |
| B. | world business company for sustainable development |
| C. | world bank council for sustainable development |
| D. | world business council for strategic development |
| Answer» A. world business council for sustainable development | |
| 305. |
In the process of production, capital equipment is worn out. The word used to described this process is |
| A. | Obsolescence |
| B. | Devalution |
| C. | Appreciation |
| D. | Depreciation |
| E. | Funding |
| Answer» D. Depreciation | |
| 306. |
The political party to which Hind Mazdoor Sabah is affiliated is |
| A. | Janata Party |
| B. | Bhartia Janata Party |
| C. | Congress (I) |
| D. | Socialist Party |
| E. | Communist Party |
| Answer» D. Socialist Party | |
| 307. |
Industrial safety is defined as |
| A. | Freedom from danger or injury, risk, or loss. |
| B. | Job security. |
| C. | Less than 1 |
| D. | A disease-free work environment |
| E. | Job specification |
| Answer» A. Freedom from danger or injury, risk, or loss. | |
| 308. |
During contract negotiations what two rights are weighed against each other |
| A. | Employes rights |
| B. | Management right |
| C. | Government right |
| D. | A and B |
| E. | B and C |
| Answer» D. A and B | |
| 309. |
A fall in demand for the product of a monopolised industry when predicted with lead to |
| A. | A fall in price |
| B. | A decrease in number of firms in the long run |
| C. | A decrease in the output of each firms |
| D. | All of the above |
| E. | None of the above |
| Answer» D. All of the above | |
| 310. |
If you want to use a red pen but mass production of only blue pens is undertaken, your inability to exercise your sovereignty is because of |
| A. | Limited income |
| B. | Standardized production |
| C. | Weather conditions |
| D. | State control |
| E. | Poor demand |
| Answer» B. Standardized production | |
| 311. |
The major cause of unemployment in India is |
| A. | under development |
| B. | inadequate employment planning |
| C. | rapid population growth |
| D. | All of the above |
| E. | Rs. 17,50,500 |
| Answer» D. All of the above | |
| 312. |
Nationalization means |
| A. | Taking over, by the government, of existing privately run concerns |
| B. | Establishing new enterprises as state run concerns |
| C. | Putting the day-to-day control of firms in the hands of Parliament |
| D. | Instituting worker in control of an industry |
| E. | The state assuming control of an industry to secure greater efficiency |
| Answer» A. Taking over, by the government, of existing privately run concerns | |
| 313. |
Differences in rates of interest charged from different customers arise due to |
| A. | Differences in risks |
| B. | Differences in use of money |
| C. | Differences in productivity |
| D. | All of the above |
| E. | None of the above |
| Answer» C. Differences in productivity | |
| 314. |
The 'free' good is so called because |
| A. | No charge is made to the consumer |
| B. | It is supplied freely by a public authority |
| C. | The supply is adequate to meet all needs without rationing |
| D. | There is an unlimited supply |
| E. | None body wants it. |
| Answer» E. None body wants it. | |
| 315. |
Indirect financial and non-financial forms of compensation are called |
| A. | Salaries |
| B. | Services |
| C. | Benefits |
| D. | none of the above |
| E. | All of the above |
| Answer» C. Benefits | |
| 316. |
The assumption in PERT is |
| A. | A project is always behind schedule |
| B. | Cost of project is always more than the estimated cost |
| C. | A project can be sub-divided into a set of predictable, independent activities |
| D. | Activities are complex in nature and time taken by them are indeterminate |
| E. | None of the above |
| Answer» C. A project can be sub-divided into a set of predictable, independent activities | |
| 317. |
A public sector undertaking |
| A. | Is fully owned by public through shareholders |
| B. | Is jointly owned by private parties |
| C. | Is jointly owned by private partics and Government |
| D. | Is fully owned by Government |
| E. | None of the above |
| Answer» D. Is fully owned by Government | |
| 318. |
Retention of cost competitiveness is the function of |
| A. | methods engineering |
| B. | finance department |
| C. | production planning and control |
| D. | none of the above |
| E. | None of the above |
| Answer» C. production planning and control | |
| 319. |
The size of the market for a product means |
| A. | The number of people in a particular area |
| B. | The geographical area saved by the producers |
| C. | The number of sales of the product recorded annually |
| D. | The number of potential buyers of the product |
| E. | The volume of potential sales of the product |
| Answer» E. The volume of potential sales of the product | |
| 320. |
Which of the following contributes to indirect cost? |
| A. | Training of workers |
| B. | Overtime payment to workers |
| C. | Depreciation of machinery |
| D. | Cost of material |
| E. | Rs. 17,50,500 |
| Answer» A. Training of workers | |
| 321. |
Through routing the engineers decide in advance |
| A. | The flow of material in the plant |
| B. | The ways and means for proper utilization of manpower |
| C. | The ways and means for proper utilization of machines |
| D. | Inspection of final products |
| E. | Normal route of workers through the plant |
| Answer» A. The flow of material in the plant | |
| 322. |
Demand for a commodity is elastic when |
| A. | Change in price causes greater change in its demand |
| B. | Change in price does not change its demand |
| C. | Change in National income causes change in demand |
| D. | Any of the above |
| E. | None of the above |
| Answer» A. Change in price causes greater change in its demand | |
| 323. |
The largest source of revenue for state governments is generally |
| A. | Entertainment tax |
| B. | Sales tax |
| C. | Land revenue |
| D. | Excise duty |
| E. | Rs. 17,50,500 |
| Answer» B. Sales tax | |
| 324. |
Who proposed that all human efforts can be measured in terms of a common unit partly composed of actual work and partly of compensating relaxation? |
| A. | Emerion |
| B. | Taylor |
| C. | Gantt |
| D. | Bedaux |
| E. | None of the above |
| Answer» D. Bedaux | |
| 325. |
Improving the work force overtime is the aim of |
| A. | Recruitment |
| B. | Selection |
| C. | Human resource planning |
| D. | Placement |
| E. | Human resource auditing |
| Answer» E. Human resource auditing | |
| 326. |
How an executive interprets facts and events in accordance with beliefs and assumptions is best described by his |
| A. | Administrative acuman |
| B. | Managerial philosphy |
| C. | Executive profile |
| D. | Leadership style |
| E. | None of the above |
| Answer» B. Managerial philosphy | |
| 327. |
The shareholders have limited liability in case of a |
| A. | cooperative |
| B. | partnership firm |
| C. | public limited company |
| D. | All of the above |
| E. | Rs. 17,50,500 |
| Answer» C. public limited company | |
| 328. |
The term 'balance of trade' is associated with |
| A. | imports and exports |
| B. | taxation |
| C. | gross profits of a company |
| D. | budgeting |
| E. | Rs. 17,50,500 |
| Answer» A. imports and exports | |
| 329. |
Motion study is not used for |
| A. | Improving a work method by locating deficiencies |
| B. | Improving a work method by assisting in adjusting the pattern of inter-relationships |
| C. | Designing a work method through logical analysis and synthesis |
| D. | Providing a schematic framework for organizing knowledge about the inter-relationships |
| E. | Reducing inventory costs |
| Answer» E. Reducing inventory costs | |
| 330. |
Process planning consists of |
| A. | specifying product details |
| B. | specifying quality standards |
| C. | specifying details of work |
| D. | none of the above |
| E. | None of the above |
| Answer» C. specifying details of work | |
| 331. |
A bonus plan in which allowance is determined in terms of time for each unit of output instead of money is |
| A. | hour-for-hour plan |
| B. | group plan |
| C. | Beedaux plan |
| D. | none of the above |
| E. | None of the above |
| Answer» A. hour-for-hour plan | |
| 332. |
Public goods are different from private goods because |
| A. | The government produces public goods, while private goods are produced by private persons |
| B. | Public goods are preferred to private goods |
| C. | The amount consumed by one does not affect the amount available for others |
| D. | Private goods can be consumed only by private individuals while public goods can be consumed by government and private citizens |
| E. | All of the above |
| Answer» D. Private goods can be consumed only by private individuals while public goods can be consumed by government and private citizens | |
| 333. |
M.T.M. helps in |
| A. | Establishing time standards |
| B. | Estimating cost |
| C. | Improving existing methods |
| D. | Developing methods before the starting of production |
| E. | All of the above |
| Answer» E. All of the above | |
| 334. |
Job enrichment means |
| A. | Paying more for entry level jobs |
| B. | providing further training in job skills |
| C. | adding more tasks at the same level |
| D. | adding some planning and control to a job |
| E. | None of the above |
| Answer» D. adding some planning and control to a job | |
| 335. |
Barter system can work successfully when |
| A. | people are fully educated |
| B. | society is developed |
| C. | wants are limited |
| D. | demand is equal to supply |
| E. | Rs. 17,50,500 |
| Answer» C. wants are limited | |
| 336. |
Standing orders act provides for penalties for |
| A. | Failure of an employer to submit the draft standing orders for certification |
| B. | Modifications of standing orders not in accordance with the prescribed procedure |
| C. | Doing any act in contravention of the certified above |
| D. | (A) and (B) above |
| E. | (A), (B) and (C) above |
| Answer» E. (A), (B) and (C) above | |
| 337. |
Safety guards on machines should be |
| A. | always in position |
| B. | Put in position while using machine |
| C. | Used if operator desires |
| D. | Never used |
| E. | Used if time permits |
| Answer» A. always in position | |
| 338. |
Statistics show that the vast majority of all accidents result from |
| A. | Technical causes |
| B. | Human causes |
| C. | Environmental causes |
| D. | A combination of human, technical and environmental causes |
| E. | None of the above |
| Answer» D. A combination of human, technical and environmental causes | |
| 339. |
The best source of revenue for States in India is |
| A. | Sales tax |
| B. | Customs duty |
| C. | Income from lotteries |
| D. | Excise duty |
| E. | Entertainment tax |
| Answer» A. Sales tax | |
| 340. |
The price of diamonds is higher than the price of wheat because |
| A. | Diamonds are much heavier than wheat |
| B. | Diamonds are more useful than wheat |
| C. | The total stock of diamonds is more useful than the total stock of wheat |
| D. | Diamonds cannot be grown whereas wheat can be grown |
| E. | Enough people have a higher subjective value of diamonds relative to wheat |
| Answer» E. Enough people have a higher subjective value of diamonds relative to wheat | |
| 341. |
Which of the following is not a factor management which must weight when deciding to establish particular kind of employee benefit |
| A. | Cost |
| B. | Need |
| C. | Productivity |
| D. | Union power |
| E. | Ability to pay |
| Answer» C. Productivity | |
| 342. |
Planning and control departments normally do not consist of |
| A. | Planning cell |
| B. | Control cell |
| C. | Inventory section |
| D. | Printing section |
| E. | Quality section |
| Answer» D. Printing section | |
| 343. |
The disadvantage of process layout system is |
| A. | The initial investment is high |
| B. | Machine failures and job difficulties seriously disrupt production schedules |
| C. | The scope of production facilities is limited |
| D. | Production time is longer, requiring more goods in process |
| E. | High initial investment is required |
| Answer» D. Production time is longer, requiring more goods in process | |
| 344. |
If the electric supply is not available in a factory the workers will show it as |
| A. | Delay |
| B. | Deliberate delay |
| C. | Avoidable delay |
| D. | Unavoidable delay |
| E. | None of the above |
| Answer» D. Unavoidable delay | |
| 345. |
A process layout is generally suggested for |
| A. | Jobbing work |
| B. | Batch production |
| C. | Continuous type of production |
| D. | Efficient machine utilization ratio |
| E. | None of the above |
| Answer» B. Batch production | |
| 346. |
Indian Railways are a |
| A. | joint sector undertaking |
| B. | public sector undertaking |
| C. | departmental operation |
| D. | private sector undertaking |
| E. | Rs. 17,50,500 |
| Answer» C. departmental operation | |
| 347. |
The financial position of a company is considered to be sound if |
| A. | Sufficient funds are available under reserve and surplus |
| B. | Company has declared good dividends in the past |
| C. | Sales are increasing |
| D. | Gross profit is reasonable |
| E. | The company has no loans outstanding |
| Answer» A. Sufficient funds are available under reserve and surplus | |
| 348. |
The sign of a country's development is |
| A. | More and more industries |
| B. | Higher standard of living |
| C. | Higher per capita income |
| D. | More means of transport |
| E. | All of the above |
| Answer» C. Higher per capita income | |
| 349. |
Which one is not a component of process? |
| A. | Operation |
| B. | Inspection |
| C. | Storage |
| D. | Disassemble |
| E. | Quality section |
| Answer» D. Disassemble | |
| 350. |
Capital expenditure means |
| A. | Expenses incurred in capital |
| B. | Main expenditure |
| C. | Recurring expenditure |
| D. | Expenditure on procurement of fixed assets |
| E. | None of the above |
| Answer» D. Expenditure on procurement of fixed assets | |
| 351. |
The cause of slow growth of national income in India is |
| A. | rapid population growth |
| B. | deficiency in investment |
| C. | high capital output ratio |
| D. | All of the above |
| E. | Rs. 17,50,500 |
| Answer» A. rapid population growth | |
| 352. |
Machine loading means |
| A. | Total load of machine + load of job |
| B. | Load of machine + load of heaviest job that machine can take |
| C. | Load of machine + load of heaviest job that machine can take |
| D. | Electrical load required for the machine motors |
| E. | Amount of work assigned to a machine |
| Answer» E. Amount of work assigned to a machine | |
| 353. |
All of the following are the characteristics of socialism EXCEPT |
| A. | Lack of competition |
| B. | Government owns factors of production |
| C. | Elimination of exploitation |
| D. | Private sector to help public sector |
| E. | Rs. 17,50,500 |
| Answer» D. Private sector to help public sector | |
| 354. |
Budget is the major instrument of |
| A. | Fiscal policy |
| B. | Monetary policy |
| C. | Economic policty |
| D. | Export policy |
| E. | Rs. 17,50,500 |
| Answer» A. Fiscal policy | |
| 355. |
Recruiting is |
| A. | Judging |
| B. | Finding |
| C. | Hiring |
| D. | Matching |
| E. | All of the above |
| Answer» B. Finding | |
| 356. |
Which is the proper requence |
| A. | Recuriting selecting placing indoctrimating |
| B. | Indoctrimating-recruiting-selecting-placing |
| C. | Recruiting-selecting-indoctrimating-placing |
| D. | Selecting-placing-recruiting-indoctrimating |
| E. | None of the above |
| Answer» A. Recuriting selecting placing indoctrimating | |
| 357. |
Break even analysis requires |
| A. | fixed cost |
| B. | variable cost |
| C. | income |
| D. | none of the above |
| E. | None of the above |
| Answer» D. none of the above | |
| 358. |
The present value of a Rs. 100 payable one year from today its |
| A. | Rs. 100 |
| B. | Rs. 105 if the interest rate is 5% |
| C. | Rs. 110 if the interest rate is 10% |
| D. | Rs. 95 if the interest rate is 5% |
| E. | None of the above |
| Answer» D. Rs. 95 if the interest rate is 5% | |
| 359. |
A monopolist can charge a high price only for those commodities which have |
| A. | elastic demand |
| B. | inelastic demand |
| C. | no demand |
| E. | Rs. 17,50,500 |
| Answer» B. inelastic demand | |
| 360. |
The retirement benefits for workmen are covered under |
| A. | Payment of Wages Act |
| B. | Payment of Bonus Act |
| C. | Employees Provident Fund Act |
| D. | Workmen's Compensation Act |
| E. | All of the above |
| Answer» C. Employees Provident Fund Act | |
| 361. |
Emerson plan awards bonus based on time |
| A. | which is standard |
| B. | Saved |
| C. | worked |
| D. | none of the above |
| E. | None of the above |
| Answer» C. worked | |
| 362. |
Common bases for monopoly include all of the following but |
| A. | Control over a key patent |
| B. | Extensive diseconomies of scale in production |
| C. | Control over a strategic raw material |
| D. | Extensive economies of scale in production |
| E. | Control over channels of distribution |
| Answer» B. Extensive diseconomies of scale in production | |
| 363. |
In a factory the costs which increase as output increases are known as |
| A. | Fixed costs |
| B. | Variable costs |
| C. | Total costs line |
| D. | Average fixed costs |
| E. | Average total costs |
| Answer» B. Variable costs | |
| 364. |
The salient feature of functional organisation is |
| A. | Work is properly planned and distributed |
| B. | Strict adherence to specifications |
| C. | Each individual maintains functional efficiency |
| D. | Separation of planning and design |
| E. | All of the above |
| Answer» E. All of the above | |
| 365. |
PERT analysis is based on |
| A. | Optimistic time |
| B. | Pessimistic time |
| C. | Most likely time |
| D. | All the above |
| E. | None of the above |
| Answer» D. All the above | |
| 366. |
In retractional flow system in plant layout |
| A. | Material is transferred from one machine to another without having to move again along the same path |
| B. | The flow is repeated for completing non-consecutive operations |
| C. | Materials fed at one end and components leave at the other end |
| D. | The feeding to and ejection from the line is at the same end |
| E. | The flow of material is in zig-zag path |
| Answer» B. The flow is repeated for completing non-consecutive operations | |
| 367. |
EOQ stands for |
| A. | Elements of quality control |
| B. | Elimination of quality inspection |
| C. | End of quality inspection stage |
| D. | Economic order quantity |
| E. | None of the above |
| Answer» D. Economic order quantity | |
| 368. |
The amount deducted from the salary of workers towards Employees Provident Fund is |
| A. | Retained by employer |
| B. | Deposited in bank |
| C. | Deposited in Post office |
| D. | Deposited in the account of workers with employer |
| E. | Deposited in the account of workers with Provident Fund Commissioner |
| Answer» E. Deposited in the account of workers with Provident Fund Commissioner | |
| 369. |
In break even analysis the total cost consists of |
| A. | fixed cost |
| B. | Variable cost |
| C. | Fixed cost + Variable cost |
| D. | Fixed cost + Variable cost + Profits |
| E. | Fixed cost + Variable cost + Profits + Overheads |
| Answer» A. fixed cost | |
| 370. |
Which of the following represents joint supply? |
| A. | Paan Parag and Paan Bahar |
| B. | Cigarettes and Bidis |
| C. | Radiosets and Transistors |
| D. | Birds and Cages |
| E. | Rs. 17,50,500 |
| Answer» D. Birds and Cages | |
| 371. |
The disadvantage of product layout is |
| A. | High initial investment is required for the specialized facilities |
| B. | Skill labour is required to operate general purpose machinery |
| C. | Production time is longer, requiring more goos in prices |
| D. | Cost of inspection is very high |
| E. | Production control is complex and costly |
| Answer» A. High initial investment is required for the specialized facilities | |
| 372. |
Which of the following is the characteristic of national income distribution of India? |
| A. | Great income inequalities |
| B. | Inequality in sharing consumption |
| C. | Regional disparities in growth and development |
| D. | All of the above |
| E. | Rs. 17,50,500 |
| Answer» D. All of the above | |
| 373. |
In work study the symbol O implies |
| A. | Delay |
| B. | Operation |
| C. | Transport |
| D. | Inspection |
| E. | Temporary storage |
| Answer» B. Operation | |
| 374. |
Which of the following is not an advantage of large scale production? |
| A. | Cheap production |
| B. | Latest use at technology |
| C. | Full opportunities for exhibition of creative art |
| D. | All of the above |
| E. | None of the above |
| Answer» C. Full opportunities for exhibition of creative art | |
| 375. |
All of the following are the characteristics of mixed economy EXCEPT |
| A. | Co-existence of private and public sectors |
| B. | Economic welfare |
| C. | Economic equality |
| D. | Govt. control over huge capital investment industries |
| E. | Rs. 17,50,500 |
| Answer» C. Economic equality | |
| 376. |
Control of production is done through |
| A. | scheduling |
| B. | follow up |
| C. | dispatching |
| D. | none of the above |
| E. | None of the above |
| Answer» B. follow up | |
| 377. |
Training current workers new skills may be best thought of as |
| A. | Time consuming |
| B. | Downgrading |
| C. | Retraining |
| D. | Inefficient |
| E. | Benevolent |
| Answer» B. Downgrading | |
| 378. |
Which does not apply to the point system? |
| A. | Stability of rating scale |
| B. | Worker acceptance |
| C. | Valid |
| D. | Quickly constructed |
| E. | Reliable |
| Answer» D. Quickly constructed | |
| 379. |
Mixed economy is identified by |
| A. | Lack of competition |
| B. | co-existence of public and private sectors |
| C. | vigorous competition |
| D. | rising trend in prices |
| E. | Rs. 17,50,500 |
| Answer» B. co-existence of public and private sectors | |
| 380. |
Human resource action programmes are commonly found in which of the following areas |
| A. | Labour relations - collective bargaining |
| B. | Training development |
| C. | Recruitment selection |
| D. | Benefits and compensation |
| E. | All of the above |
| Answer» E. All of the above | |
| 381. |
Which of the following wage and salary criteria refer to organizationally internal wage determinants? |
| A. | Ability to pay |
| B. | Supply and demand |
| C. | Cost of living |
| D. | Prevailing pay |
| E. | Union bargaining power |
| Answer» A. Ability to pay | |
| 382. |
Queuing theory is associated with |
| A. | Production time |
| B. | Inventory |
| C. | Sales |
| D. | Inspection time |
| E. | Waiting time |
| Answer» E. Waiting time | |
| 383. |
Which of the following is the broadcast concept |
| A. | Job description |
| B. | Job analysis |
| C. | Position description |
| D. | Position specification |
| E. | Job specification |
| Answer» B. Job analysis | |
| 384. |
Which of the following is a multination corporation? |
| A. | IBM |
| B. | LST |
| C. | DCM |
| D. | Escorts |
| E. | Rs. 17,50,500 |
| Answer» A. IBM | |
| 385. |
The advertisement cost is included |
| A. | In fixed cost |
| B. | Sometimes in fixed cost and sometimes in variable costs |
| C. | Always in variable costs |
| D. | Never included in variable costs |
| E. | It is a separate head of costs |
| Answer» C. Always in variable costs | |
| 386. |
If the price level rises with a marked change in real output this is known as |
| A. | Inflation |
| B. | Deflation |
| C. | Devaluation |
| D. | Revaluaion |
| E. | Improved labour relations |
| Answer» D. Revaluaion | |
| 387. |
Which of the following cheque is encashable at any branch of the issuing bank? |
| A. | Bearer cheque |
| B. | Crossed cheque |
| C. | Traveller's cheque |
| D. | Order cheque |
| E. | Rs. 17,50,500 |
| Answer» C. Traveller's cheque | |
| 388. |
PERT stands for |
| A. | Project estimation and return times |
| B. | Planning estimation, review techniques |
| C. | Project evaluation and review techniques |
| D. | Puching edging and review techniques |
| E. | Precise Estimation and Results Technique |
| Answer» C. Project evaluation and review techniques | |
| 389. |
Upper limit for capital investment in small scale industries is |
| A. | Rs. 10 lakhs |
| B. | Rs. 15 lakhs |
| C. | Rs. 35 lakhs |
| D. | Rs. 50 lakhs |
| E. | Rs. 17,50,500 |
| Answer» C. Rs. 35 lakhs | |
| 390. |
Demand for electricity is elastic because |
| A. | It is very expensive |
| B. | It has number of close substitutes |
| C. | It has number of alternatives uses |
| D. | All of the above |
| E. | None of the above |
| Answer» C. It has number of alternatives uses | |
| 391. |
PERT is |
| A. | Based on one time estimates |
| B. | Synthesis in concepts |
| C. | Used for repetitive works |
| D. | Built of activities oriented programme |
| E. | All of the above |
| Answer» E. All of the above | |
| 392. |
While estimating 'Economic Order Quantity' if uniform inflation rate is also taken into consideration as compared to conventional method |
| A. | The lot size with inflation will reduce |
| B. | The lot size with inflation will increase |
| C. | There will be no change |
| D. | Inventories are not related with inflation |
| E. | None of the above |
| Answer» B. The lot size with inflation will increase | |
| 393. |
Which one of the following is a 'free good' in economics? |
| A. | Tap water |
| B. | Water in canal |
| C. | Water in Atlantic ocean |
| D. | Distilled water |
| E. | Soda-water |
| Answer» C. Water in Atlantic ocean | |
| 394. |
Which cheque can be encashed by any one |
| A. | Account payee cheque |
| B. | Crossed cheque |
| C. | Bearer cheque |
| D. | none of the above |
| E. | Rs. 17,50,500 |
| Answer» C. Bearer cheque | |
| 395. |
A monopolist makes maximum profits when |
| A. | Prices are high |
| B. | Production is maximum |
| C. | Marginal cost is equal to marginal revenue |
| D. | Sales are high |
| E. | Buyers buy less |
| Answer» D. Sales are high | |
| 396. |
A joint sector undertaking |
| A. | Is jointly managed by several shareholders |
| B. | Is jointly owned by only two directors |
| C. | In jointly owned by State and Central Governments |
| D. | Is jointly owned by private parties and Government |
| E. | None of the above |
| Answer» D. Is jointly owned by private parties and Government | |
| 397. |
The benefit of good communication in a factory is |
| A. | Reduced frustration |
| B. | Improvement in work performance |
| C. | Development of good human relations |
| D. | Creation of interests and attention |
| E. | Better profits |
| Answer» E. Better profits | |
| 398. |
When two persons exchange their goods without bringing in money, it is known as |
| A. | internal exchange |
| B. | block exchange |
| C. | barter |
| D. | profiteering |
| E. | Rs. 17,50,500 |
| Answer» C. barter | |
| 399. |
Because cost of living raises are not earned, but are a condition of employment, they may be considered |
| A. | Incentives |
| B. | Promotions |
| C. | Indirect compensation |
| D. | Reversable |
| E. | All of the above |
| Answer» C. Indirect compensation | |
| 400. |
Industrial safety is defined as |
| A. | A disease free work environment |
| B. | Job security |
| C. | Less than 2% chance of injury |
| D. | Freedom from danger or injury, risk or loss |
| E. | A grievance free environment |
| Answer» D. Freedom from danger or injury, risk or loss | |
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