PGT Commerce Level-3 (HTEТ), Exam 2017

Total Questions: 150

131. The term 'Capital Structure' implies:

Correct Answer: A. Share capital + Reserves + Long-term debts

132. Wage rate ₹ 30 per hour, standard time 6 hours and actual time taken 4 hours. Ascertain the total amount of bonus and total amount of wages earned under Rowan plan:

Correct Answer: D. ₹ 160

133. A perfectly competitive firm attains equilibrium when:

Correct Answer: B. MR = MC

134. Who first imposed income tax on India and in which year?

Correct Answer: B. Sir James Wilson, 1860

135. Which one is not a source of Recruitment?

Correct Answer: C. Intelligence test

136. 'Skimming' in e-banking refers to:

Correct Answer: D. None of the above

137. A manufacturer buys certain essentials spares from outside suppliers at ₹ 40 per set. Total annual requirement are 45,000 sets. The annual cost of investment in inventory is 10% and cost like rent, stationery, insurance, taxes etc. per unit per year works to be ₹ 1 cost of placing and order is ₹ 5. Calculate time gap between two orders:

Correct Answer: D. 2.43 days

138. Which one is not a limitation of an informal communication?

Correct Answer: B. Speed

139. Identify the one, from the following, which is not a type of disequilibrium on the balance of payments of a country?

Correct Answer: D. Sectoral disequilibrium

140. Which of the following is not a 'force' in the 'Porter's Five Forces Model'?

Correct Answer: C. Complementary product