Correct Answer: Customization

Solution : The correct answer is (d) Customization.

Customization in personal selling involves tailoring the sales approach and recommendations to meet the specific needs, preferences, and circumstances of individual customers. In this scenario, the face-to-face selling allows the sales representatives at FreshGear Sports to provide personalized advice and assistance to each customer based on their interests, preferences, and requirements. This customized approach enhances the customer experience and helps customers in selecting the right sports equipment suited to their needs, contributing to a more personalized and effective sales process.

Correct Answer: Both assertion and reason are true, and the reason is the correct explanation of the assertion.
    

Solution : The correct answer is (a) Both assertion and reason are true, and the reason is the correct explanation of the assertion.

The assertion is true. GDRs are a way for foreign companies to raise capital from international investors by listing their shares on foreign exchanges. GDRs are traded internationally and denominated in a foreign currency.

The reason is the correct explanation of the assertion. GDRs are issued by foreign companies, typically in their home country, and these receipts represent shares of the foreign company. However, they are traded and listed on international stock exchanges, allowing foreign companies to access a broader base of international investors and raise funds from global markets.

Correct Answer: Money market
 

Solution : The correct answer is (a) Money market.

The money market is primarily used for raising short-term funds to meet working capital requirements. The money market is a segment of the financial market where short-term borrowing and lending of funds occur. It deals with highly liquid and low-risk instruments with short maturities, typically one year or less.The money market provides an efficient platform for short-term financing as it offers high liquidity, low transaction costs, and competitive interest rates for borrowers with good creditworthiness.

Correct Answer: Commercial paper

Solution : The correct answer is (d) Commercial paper

Commercial paper is a short-term debt instrument issued by corporations, typically with maturities ranging from a few days to a year. It is a common choice for businesses seeking short-term funds to finance various operational needs, including marketing initiatives in new markets. Commercial paper provides a cost-effective and efficient way to raise capital for short-term activities, making it suitable for funding marketing efforts in this context.

Correct Answer: Disruption of the global non-proliferation regime

Solution : Correct Option: 4

Explanation: The international community's primary concern regarding India's Pokhran-II Nuclear Tests in 1998 was the disruption of the global non-proliferation regime, as it challenged the existing efforts to prevent the spread of nuclear weapons.

Correct Answer: Coalition governments

Solution : Correct Option: Option 3
Explanation: The rise of regional parties has made it difficult for any single party to gain a majority, leading to the formation of coalition governments at the national level.

Correct Answer: Assertion is true, but the reason is false.

Solution : The correct answer is (c) Assertion is true, but the reason is false.

The assertion is false. The primary market is not involved in the trading of existing securities. Instead, it is where new securities are issued for the first time to the public.

The reason is false. The primary market is indeed involved in the issuance of new securities to the public, which is the correct part of the reason. However, it does not deal with the trading of existing securities, making the assertion false.

Correct Answer: Social and educational backwardness

Solution : Correct Option: Option 4
Explanation: The reservation system for OBCs aims to address social and educational backwardness, providing these communities with better opportunities for representation and development.

Correct Answer: All of the above
 

Solution : Treasury bill commercial paper and call money all three are the money market instruments. Money market is that market will transaction in short term securities are made it means those securities where the payment period is up to one year.

Hence, option D is correct.

Correct Answer: The cost incurred by society as a whole in producing an additional unit of a good or service
 

Solution : The correct answer is (b) The cost incurred by society as a whole in producing an additional unit of a good or service.

The concept of marginal social cost refers to the cost borne by society as a whole when producing an additional unit of a good or service. It takes into account not only the private costs incurred by an individual or firm in the production process but also any external costs or negative externalities imposed on third parties.

In economic analysis, the marginal social cost includes both the private cost (the cost directly borne by the producer, such as labor, materials, and capital) and the external cost (the cost imposed on society due to externalities, such as pollution, congestion, or resource depletion).