Business Management

M

Mr. Dubey • 51.17K Points
Coach

Q 21. Saving is defined as

(A) Accounting difference between current income and consumption
(B) Sum of savings made by the different factors
(C) Excess of expenditure over available income
(D) Amount set aside for meeting unforeseen expenditure
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M

Mr. Dubey • 51.17K Points
Coach

Q 22. The conditions to be fullfilled before the Standing orders are certified are

(A) They Standing orders should provide for every matter set out in the schedule which is applicable to the Industrial establishment
(B) The Standing orders should be in conformity with the provisions of the Act
(C) The certifying officers or the Appellate authority shall before certifying the Standing orders adjusdicate upon the fairness or reasonableness of the provisions of any Standing orders
(D) (A), (B) and (C) above
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M

Mr. Dubey • 51.17K Points
Coach

Q 23. Which of the following does not represent time utility?

(A) Old rice
(B) Cold storage
(C) Sand in cities
(D) All of the above
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M

Mr. Dubey • 51.17K Points
Coach

Q 24. A product layout is generally suggested for

(A) Jobbing work
(B) Batch production
(C) Continuous type of production
(D) Efficient machine utilization ratio
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M

Mr. Dubey • 51.17K Points
Coach

Q 25. If two commodities are jointly demanded they are

(A) Inferior goods
(B) Compliments
(C) Necessities
(D) Substitutes
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M

Mr. Dubey • 51.17K Points
Coach

Q 26. The greatest barrier to communication lies in

(A) Technological limitations
(B) Human differences
(C) Distance
(D) Semantic problem
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M

Mr. Dubey • 51.17K Points
Coach

Q 27. Time versus output or wage versus incentive are part of problems involving

(A) pay level
(B) pay control
(C) payment method
(D) pay structure
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M

Mr. Dubey • 51.17K Points
Coach

Q 28. The elasticity of demand explains the relationship between

(A) Income and demand
(B) Price and demand
(C) Price of substitutes and demand
(D) Utility and demand
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M

Mr. Dubey • 51.17K Points
Coach

Q 29. Selection is

(A) Matching
(B) Finding
(C) Hiring
(D) Judging
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M

Mr. Dubey • 51.17K Points
Coach

Q 30. For interpretation of Standing orders the workman can refer to

(A) Shop supervisor
(B) Management
(C) Trade union
(D) Labour court
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