PGT Commerce Level-3 (HTEТ), Exam 2018

Total Questions: 150

91. Answer the following questions by selecting the most appropriate option.

Which of the following is not an assumption of Modigliani and Miller theory of capital structure?

Correct Answer: C. Imperfect capital market

92. 'NEAT' system in the Indian Securities Market is related to:

Correct Answer: A. National Stock Exchange

93. The book 'Innovation and Entrepreneurship' is written by:

Correct Answer: C. Peter F. Drucker

94. In Managerial Grid, developed by Blake and Mouton, a manager who is highly related with production but little concern for people, is known as:

Correct Answer: C. 9, 1 Management

95. Periodic cost means:

Correct Answer: B. Fixed cost

96. UNCTAD stands for:

Correct Answer: C. United Nations Conference on Trade and Development

97. Who propounded the concept of 'hierarchy of needs'?

Correct Answer: D. A.H. Maslow

98. A group of firms in an industry following the same and similar strategies are called:

Correct Answer: A. Strategic group

99. Declared price ₹ 6 per kg, real price ₹ 8 per kg, declared quantity 1000 kg, real quantity used 900 kg. Find the material cost variance and used material variance.

Correct Answer: A. 1200 (A) and 600 (F)

100. What does an 'opportunity cost' signifies?

Correct Answer: C. Output cost of one product for another