Symbiosis International Education Centre 2006 Post Graduate Diploma HR Management Managerial Economics - Question Paper

individual
Your ans
individual

True/False
ques.
Inflation decreases the purchasing power of people's income and savings.
accurate ans
True
Your ans
True

True/False
ques.
In a free-enterprise economy, the issues of what how and for whom are solved by a planning committee
accurate ans
False
Your ans
False

Multiple option Single ans
ques.
A tech. unit of provided capacity of output is
accurate ans
plant
Your ans
plant

Multiple option Multiple ans
ques.
Preference Shares can be classified as
accurate ans
Simple Shares , Cumulative Shares , Redeemable Shares
Your ans
Simple Shares , Redeemable Shares

Multiple option Multiple ans
ques.
The sole proprietorship kind of organization is obtained in
accurate ans
Agriculture, , Retail trade, , Hotel,
Your ans
Agriculture, , Retail trade, , Hotel,

Multiple option Multiple ans
ques.
Co-operative organizations is
accurate ans
voluntary organization , managed by democratic principle , organization, which performs its business within the members
Your ans
voluntary organization , managed by democratic principle , non profit motive organization

choose The Blank
ques.
A private limited company can be formed with two to 50 members maximum, excluding ________
accurate ans
employee shareholders
Your ans
Directors

Multiple option Single ans
ques.
The method of inventory evaluation in which , the cost of production is computed on the assumption that the material which was last to enter the inventory of the company was used 1st is
accurate ans
LIFO
Your ans
LIFO

True/False
ques.
Profit should be large enough for a plough – back for business expansion.
accurate ans
True
Your ans
True

True/False
ques.
Accounting profit takes in to account opportunity cost.
accurate ans
False
Your ans
True

Multiple option Multiple ans
ques.
Profit is regarded as
accurate ans
income accruing to the equity holders , wages accrue to the labour , rent accrue to the owner
Your ans
income accruing to the equity holders , rent accrue to the owner

Multiple option Single ans
ques.
change in income of a person may outcome in demand for goods to
accurate ans
change
Your ans
change

Multiple option Single ans
ques.
With decline in price of a commodity, total expenditure spent on the commodity is less than before, then elasticity of demand for the commodity is

Earning:   Approval pending.