PGT Commerce Level-3 (HTEТ), Exam 2018Total Questions: 150131. The factors that effect consumer buying power and spending patterns is:A. Economic environmentB. Natural environmentC. Technological environmentD. Political environmentCorrect Answer: A. Economic environment132. An agreement between two parties to exchange a series of future cash flows is called:A. ContractB. Bills of exchangeC. SwapD. Promissory noteCorrect Answer: C. Swap133. What is the financial leverage if sales (1,00,000 units) is ₹2,00,000, variable cost per unit is ₹ 0.70 and fixed cost is ₹65,000?A. 2.0 timesB. 1.5 timesC. 1.2 timesD. 1.3 timesCorrect Answer: D. 1.3 times134. The practice of selling below cost with an intention to destroy the competitor is referred to as:A. Loss-leader pricingB. Codified pricingC. Cost differentiationD. Predatory pricingCorrect Answer: B. Codified pricing135. Entering foreign markets by joining with foreign companies to produce or market a product or service:A. Line organisationB. Joint ventureC. Management contractD. ExportCorrect Answer: B. Joint venture136. Source of power depends on fear, threat and punishment is:A. Coercive powerB. Legitimate powerC. Expert powerD. Reference powerCorrect Answer: A. Coercive power137. Which curve shows the relationship between the tax rate and the amount of tax revenue collected?A. Laffer curveB. Production curveC. Revenue curveD. Tax curveCorrect Answer: A. Laffer curve138. Which of the following is not a well-known committee appointed to examine the credit limit for commercial banks in relation to working capital requirements?А. K.B. Chore CommitteeB. V.T. Dahejiya CommitteeC. S.S. Vyas CommitteeD. Prakash Tandon CommitteeCorrect Answer: C. S.S. Vyas Committee139. The expected return on an investment minus the riskfree rate is known as:A. Risk free assetB. Risk premiumC. Sales riskD. Risk governanceCorrect Answer: B. Risk premium140. Which among the following is the statistical measure that indicates the peakedness of distribution?A. ObliquityB. Co-relationshipC. MeanD. KurtosisCorrect Answer: D. KurtosisSubmit Quiz« Previous123456789101112131415Next »