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MOCK-4 DAY-4 REVISION
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STUDENT PSSCODE- BATCH01
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Q1
Score: 2.22
Individual manager subordinate to an employer cannot act as managing agent.
Managing agent includes an individual manager subordinate to an employer.
Only employer can act as managing agent.
The appropriate government shall appoint managing agent.
Q2
Score: 2.22
General Accord on Tariff and Trade
Generous Agreement on Trade and Tariff
General Agreement on Tariff and Trade
Q3
Score: 2.22
Market research
Product-mix expansion
Reducing cost of production
Q4
Score: 2.22
decline
growth
Introduction
maturity
Q5
Score: 2.22
Concept Development and Testing
Idea Screening
Test Marketing
Commercialization
Q6
Score: 2.22
Overall Family Branding
Line Family Branding
Individual Branding
NONE OF THESE
Q7
Score: 2.22
Franchise
Collaborations
Joint venture
Strategic planning
Q8
Score: 2.22
Consumer goods
Industrial goods
Speciality goods
None of the above
Q9
Score: 2.22
Assessing the information needs.
Developing the needed information.
Distributing the information.
all of the above
Q10
Score: 2.22
1980
1995
2006
2000
Q11
Score: 2.22
Producer-consumer
Producer-dealer-consumer
Producer-dealer-retailerconsumer
Producer-dealer-wholesaler retailer- consumer
Q12
Score: 2.22
For which demand increases as price decreases
Which is in short supply?
Which have high elasticity of demand?
Q13
Score: 2.22
Demographic
Cultural
Geographic
Diversity
Q14
Score: 2.22
Prevailing economic and political conditions.
Emerging new technologies
Financial conditions and culture
None of the above
Q15
Score: 2.22
Stereotypic
Bureaucratic as well as redtapic
Innovative and challenging, making the corporate dynamic
Innovative, challenging, but often resisted
Q16
Score: 2.22
1, 2 and 3 only
6, 7 and 8 only
5, 7 and 9 only
2, 3 and 9 only
Q17
Score: 2.22
i, ii & iii
i, ii & iv
i, iii & iv
i, ii, iii & iv
Q18
Score: 2.22
i, ii, iii & v
i, iii, iv & v
i, ii, iii & iv
i, ii, iii, iv & v
Q19
Score: 2.22
i, ii & iii
i, ii & iv
i, ii, iii & iv
i, iii & iv
Q20
Score: 2.22
Purchase of materials
storing of materials
issue of materials
production
Q21
Score: 2.22
Purchase of materials
storing of materials
issue of materials
production
Q22
Score: 2.22
Material management
quality control
accounting of material
material supply
Q23
Score: 2.22
Store
finance department
cost accounting department
Q24
Score: 2.22
Physical verification
financial control
financial verification
quality verification
Q25
Score: 2.22
Hedging.
Arbitraging.
Speculating.
Any of the Above.
Q26
Score: 2.22
Difference between agreed rate and spot rate at the time of entering into contract.
Difference between agreed rate and spot rate on the due date of contract
Forward premium / discount annualized.
Q27
Score: 2.22
Hedging receivables.
Hedging payables.
Hedging contingency exposures.
Hedging foreign currency loans
Q28
Score: 2.22
Forwards.
Futures.
Options
Q29
Score: 2.22
Entering into forward contracts.
Denominating the transaction in domestic currency.
Exposure netting
Q30
Score: 2.22
Denominating in a third currency.
Denominating partly in importer's currency and partly in exporter's currency.
Entering a exchange rate clause in the contract.
Denominating in domestic currency.
Q31
Score: 2.22
Can be controlled
Cannot be controlled
Can be controlled within certain limit
Q32
Score: 2.22
Price taker
Adjust output
price maker
Q33
Score: 2.22
Arc Cross Price Elasticity
Cost Output
Cost Profit
Q34
Score: 2.22
Collusive oligopoly
Monopoly
Non-Collusive oligopoly
NONE OF THESE
Q35
Score: 2.22
MC = MR
AC = AR
MR = AR
MR = P
Q36
Score: 2.22
is always negative
can be positive
is always positive
Is zero at point at which the total revenue is maximum
Q37
Score: 2.22
A higher quantity and a lower price
A higher quantity and the same price
A higher quantity and higher price
All of the above
Q38
Score: 2.22
Demand Forecasting
Demand Differentials
Demand Determinations
All of the above
Q39
Score: 2.22
MR curve cannot be defined
AR curve cannot be defined
The short run supply curve cannot be defined
None of the above
Q40
Score: 2.22
Marshall
Adam Smith
Joseph Schumpeter
Q41
Score: 2.22
TRn - TRn-1
P x Q
TR / MR
TR / Q
Q42
Score: 2.22
infinity
zero
high
Q43
Score: 2.22
one
zero
infinity
none
Q44
Score: 2.22
Increase in Demand (Upward shift)
Extention in demand
Contraction in demand
NONE OF THESE
Q45
Score: 2.22
A vertical straight line
Convex to the origin
Concave to the origin
A horizontal straight line
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