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Common University Entrance Test (UG)

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4 Views

Question : Which staffing process is known as negative process as it involves rejection of some candidates?
 

Option 1: Recruitment

Option 2: Selection

Option 3: Placement and orientation

Option 4: Training and development


 

Team Careers360 27th Jan, 2024

Correct Answer: Selection


Solution : Selection involves chosing the best person out of the pool of prospective candidates developed through recruitment. Selection is known as negative process as it is involves rejection of some candidates.

Hence, option B is correct.

8 Views

Question : Case Study: XYZ Ltd. - Raising Finance for Expansion

XYZ Ltd. is a growing company that manufactures electronic gadgets. The company has been successful in the market and is planning to expand its operations. To finance this expansion, XYZ Ltd. is considering various sources of business finance.

Questions : Meaning and Need for Business Finance

What is the meaning of business finance?

Option 1: Managing human resources in a business
 

Option 2: Acquiring funds for business operations and expansion
 

Option 3: Developing marketing strategies for business growth

 

 

Option 4: Implementing technology solutions in a business

Team Careers360 26th Jan, 2024

Correct Answer: Acquiring funds for business operations and expansion
 


Solution : The correct answer is (b) Acquiring funds for business operations and expansion

Business finance involves acquiring the necessary funds and managing financial resources to support a company's day-to-day operations, projects, and future growth. It encompasses activities related to budgeting, financial forecasting, investment decisions, obtaining loans or equity, managing working capital, and overall financial planning to ensure the efficient use of financial resources for achieving the company's objectives.

8 Views

Question : Case Study 18: Impact on Local Economy

A group of entrepreneurs established a tourist resort in a remote village. Their venture not only provided job opportunities to the local community but also attracted tourists, boosting the local economy.

Question:

How does the tourist resort impact the local economy?

Option 1: By reducing tourist inflow to the region
 

Option 2: By increasing pollution in the area
  

Option 3: By attracting tourists and providing job opportunities

  

Option 4: By promoting traditional and outdated practices

Team Careers360 27th Jan, 2024

Correct Answer: By attracting tourists and providing job opportunities

  


Solution : The correct answer is (c) By attracting tourists and providing job opportunities

The establishment of a tourist resort in a remote village can positively impact the local economy by attracting tourists and providing job opportunities to the local community. This contributes to economic development, as tourism-related activities generate income for businesses, create employment opportunities, and stimulate the overall economy of the region.

7 Views

Question : Which of the following is not a type of term loan?

 

Option 1: Short-term loan

 

Option 2: Medium-term loan
 

Option 3: Long-term loan

 

Option 4: None of the above

Team Careers360 27th Jan, 2024

Correct Answer: None of the above


Solution : The correct answer is (d). None of the above

All options mentioned (short-term loan, medium-term loan, and long-term loan) are types of term loans. Term loans are loans provided by financial institutions or lenders for a specific term or period. The term can vary based on the loan's purpose and the agreement between the borrower and the lender. Short-term loans typically have a term of one year or less, medium-term loans have a term between one to five years, and long-term loans have a term exceeding five years. Therefore, the correct answer is option d). None of the above.

 

3 Views

Question : The struggle for women's equality in India has been influenced by:

Option 1: Globalization

Option 2: Feminist movements

Option 3: Technological innovations

Option 4: Economic policies

Team Careers360 27th Jan, 2024

Correct Answer: Feminist movements


Solution : Correct Option: Option 2
Explanation: The struggle for women's equality in India has been significantly influenced by feminist movements, which have advocated for gender equality and women's rights.

5 Views

Question : Tribal movements in India often emphasize:

 

Option 1: The promotion of ecotourism

Option 2: The development of smart cities

Option 3: The protection of traditional lands and rights

Option 4: The adoption of modern agricultural techniques

Team Careers360 27th Jan, 2024

Correct Answer: The protection of traditional lands and rights


Solution : Tribal movements in India often emphasize the protection of traditional lands and rights, advocating for the preservation of their cultural heritage, autonomy, and access to natural resources.

6 Views

Question : Statement 1: External sources of recruitment are limited to job portals.

Statement 2: External sources of recruitment include employee referrals, advertisements, and consultants.

Option 1: Both statements are true.
 

Option 2: Statement 1 is true, but statement 2 is false.
 

Option 3: Statement 2 is true, but statement 1 is false.

 

Option 4: Both statements are false.

Team Careers360 26th Jan, 2024

Correct Answer: Statement 2 is true, but statement 1 is false.

 


Solution : The correct answer is (c) Statement 2 is true, but statement 1 is false.

Statement 1 is false. External sources of recruitment are not limited to job portals. They include a variety of methods such as employee referrals, advertisements, recruitment agencies, and consultants, among others.

Statement 2 is true. External recruitment methods encompass a wide range of strategies to attract candidates from outside the organization, and the mentioned sources like employee referrals, advertisements, and consultants are commonly used.

9 Views

Question : The process of preparing a budget that covers multiple years is known as:

 

Option 1: Long-term budgeting

Option 2: Multi-year budgeting

Option 3: Biennial budgeting

 

Option 4: None of the above

Team Careers360 26th Jan, 2024

Correct Answer: Multi-year budgeting


Solution : The correct answer is (b) Multi-year budgeting.

Multi-year budgeting is the process of preparing a budget that covers multiple years, typically beyond the traditional annual budgeting cycle. This approach allows governments and organizations to plan and allocate resources for a longer period, often spanning three to five years or more. Multi-year budgeting helps improve long-term planning, provides stability and predictability, and allows for better assessment of the financial implications of policies and projects over an extended period.

3 Views

Question : What items are not included in the Equity Shareholder's Fund?

Option 1: Equity Share Capital

Option 2: Profits, Reserves

Option 3: Money received against share warrants

Option 4: Accumulated losses

Team Careers360 27th Jan, 2024

Correct Answer: Money received against share warrants


Solution : Answer = Money received against share warrants

The Equity Shareholder's Fund typically includes equity share capital, profits, reserves, and accumulated losses. Money received against share warrants is not usually included in the Equity Shareholder's Fund because it represents funds received by the company for potential future issuance of shares rather than actual equity held by shareholders.
Hence, the correct option is 3.

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