NET, IAS, State-SET (KSET, WBSET, MPSET, etc.), GATE, CUET, Olympiads etc.: Commerce MCQs (Practice_Test 38 of 99)
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- Modernization leads to
- higher productivity and higher production
- lower investment and cheaper quality
- cost reduction through reduced expenditure
- higher cost of production
- Technological updating would invariably require
- change in Management
- privatization of public enterprises
- retrenchment of workers
- induction of fresh capital
- Letter of credit is now becoming an increasingly popular method of financing
- fixed capital needs
- working capital needs
- redemption o1 debentures
- distribution of dividend
- Deferred payment arrangements
- working capital needs
- redemption of debts
- purchase of GDRs
- import of plant and machinery aim at financing
- In general, export incentives are permitted within the regulatory framework of
- OECD
- UNCTAD
- IMF
- WTO
- Import procedure begins with
- indent
- marine insurance
- Mate՚s certificate
- shipping order
- Which one of the following statements is correct?
- EXIM Bank promotes Indian exports through a wide variety and range of lending programmes
- EXIM Bank does not extend nonfunded hci1ity to Indian exporters
- Overseas Investment Finance facility is not a part of the functions of EXIM Bank
- EXIM Bank was established to provide assistance in raising capital in international markets
- In which of the following types of insurance should insurable interest be present only at the time when policy is taken?
- Fire insurance
- Life insurance
- Marine insurance
- Life and Marine instirance
- Match List I with List H aid select the correct answer using the codes given below the lists
Table Supporting: NET, IAS, State-SET (KSET, WBSET, MPSET, Etc.) , GATE, CUET, Olympiads Etc. : Commerce MCQs (Practice_Test 38 of 99) List-I List-II - Causa Proxima
- Reinsurance
- Indemnity
- Financial stake
- Main reason behind the event
- Compensation for the loss
- Risking with other insurer
- A
- B
- C
- 2
- 4
- 3
- 1
- 2
- 3
- 2
- 3
- 1
- 2
- 4
- 1
- ‘Insurer’ is a person
- insured his life or goods
- helped a person to get an insurance policy
- undertaken to make good the loss of the subject matter of insurance
- filed a suit in a court of law to recover an insurance claim
- In insurance contract Uberima Fidel aspect is used as synonym of
- insurable interest
- free consent of parties
- utmost good faith
- legality of consideration
- Both՚security and investment elements are available
- only in Life Insurance
- in both Life and Fire Insurance
- in both Marine and Fire Insurance
- in Life, Marine and Fire insurance
- Match List I (Management experts) with List II (Sequence of functions advocated by them) and select the correct answer using the codes given below the lists
Table Supporting: NET, IAS, State-SET (KSET, WBSET, MPSET, Etc.) , GATE, CUET, Olympiads Etc. : Commerce MCQs (Practice_Test 38 of 99) List-I List-II - Newman and Summer
- Henry Fayol
- Luther Gulick
- Koontz and O Donnel
- Organizing, Planning, Leading and Controlling
- Planning, Organizing, Commanding, Coordinating and Controlling
- Planning, Organizing, Staffing, Directing and Controlling
- ‘POSDCORB’
- A
- B
- C
- D
- 1
- 2
- 4
- 3
- 2
- 1
- 3
- 4
- 1
- 2
- 3
- 4
- 2
- 1
- 4
- 3
- Which one of the following statements regarding՚skill-mix of management is correct?
- Top management requires more human relations skill than others
- Middle-level manage pent requires more technical skills than others
- Supervisory level men require less technical skill than others
- Top management requires more conceptual skill than ethers
- From the point of view of Functional Organization, which one of the following CANNOT be claimed to be an advantage?
- It ensures a greater division of labour
- It leads to a higher degree of efficiency
- It helps in the assignment of specific responsibilities
- It facilitates small scale production