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Common University Entrance Test (UG)

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Question :  ________ implies that resource extraction is not above the rate of regeneration of resources and the Wastes generated are within the assimilating capacity of the environment.

 

Option 1: Absorptive capacity

Option 2: Subsistence capacity

Option 3: Carrying capacity

Option 4: Exhaustive capacity

Team Careers360 26th Jan, 2024

Correct Answer: Subsistence capacity


Solution : Carrying capacity implies that resource extraction is not above the rate of regeneration of resources and the best generated are within the assimilating capacity of the environment.

 

1 View

Question : An example of physiological stress is:

 

Option 1: Job promotion

Option 2: Public speaking

Option 3: Illness or injury

Option 4: Moving to a new city

Team Careers360 27th Jan, 2024

Correct Answer: Illness or injury


Solution : Illness or injury is an example of physiological stress, as it involves a physical response to a stressor that affects the body's functioning.

7 Views

Question : Case Study: XYZ Electronics Pvt. Ltd.

XYZ Electronics Pvt. Ltd. is a growing company specializing in the manufacturing of electronic gadgets. The management believes in effective directing to ensure smooth operations. Consider the following scenario to answer the questions.

Question: 

The supervisor at XYZ Electronics plays a crucial role in:

Option 1: Encouraging autocratic decision-making
 

Option 2: Fostering employee isolation
 

Option 3: Enhancing communication and coordination

 

Option 4: Promoting conflicts within the team

Team Careers360 27th Jan, 2024

Correct Answer: Enhancing communication and coordination

 


Solution : The correct answer is (c) Enhancing communication and coordination.

Enhancing communication and coordination is a crucial role for a supervisor. Effective supervisors facilitate clear communication within the team, ensuring that everyone is informed about goals, expectations, and procedures. Additionally, they coordinate efforts to ensure tasks are performed efficiently and aligned with organizational objectives.

Overall, enhancing communication and coordination is a key role of a supervisor that contributes to a more productive and harmonious work environment at XYZ Electronics.

11 Views

Question : The process of creating credit money by commercial banks is known as ___________.

 

Option 1: Credit creation

Option 2: Credit control

Option 3: Credit extension

Option 4: Credit allocation

Team Careers360 27th Jan, 2024

Correct Answer: Credit creation


Solution : The correct answer is (a) Credit creation. 

The process of creating credit money by commercial banks is known as credit creation. Commercial banks have the ability to create credit by extending loans and making advances to borrowers. When a bank grants a loan, it creates a deposit in the borrower's account, effectively increasing the money supply in the economy. This process is based on the fractional reserve banking system, where banks are required to hold only a fraction of the deposits they receive as reserves, allowing them to lend out the rest. Through this process of credit creation, banks contribute to the expansion of the money supply and facilitate economic activities. Credit control, credit extension, and credit allocation are related terms but do not specifically refer to the process of creating credit money by commercial banks.

 

6 Views

Question : Which of the following statements is correct?

Option 1: Loan to Partner Account and Loan by Partner Account may be transferred to his Executor’s  Account

 

Option 2: Loan to Partner Account and Loan by Partner Account may be transferred to his capital account 

Option 3: Both 1 and 2

Option 4: None of the above 

Team Careers360 27th Jan, 2024

Correct Answer: Loan to Partner Account and Loan by Partner Account may be transferred to his capital account 


Solution : Answer = Loan to Partner Account and Loan by Partner Account may be transferred to his capital account 

When a partner's loan account is settled, the amount can be transferred to their capital account, reflecting the conversion of the loan into equity in the partnership. This aligns with the principles of partnership accounting.
Hence, the correct option is 2.

3 Views

Question : Assertion-Reason Questions: Chapter - Sources of Business Finance

Questions : Different Sources of Finance

Assertion: Equity shares carry a fixed dividend obligation for the company.

Reason: Equity shareholders have a preferential right to receive dividends.

Option 1: Both assertion and reason are true, and the reason is the correct explanation of the assertion.
    

Option 2: Both assertion and reason are true, but the reason is not the correct explanation of the assertion.
  

Option 3: Assertion is true, but the reason is false.

 

Option 4: Both assertion and reason are false.

Team Careers360 27th Jan, 2024

Correct Answer: Both assertion and reason are false.


Solution : The correct answer is (d) Both assertion and reason are false.

The assertion is false. Equity shares do not have a fixed dividend obligation. Dividends for equity shareholders are usually decided by the company's board of directors and can vary based on the company's profitability and other factors. Unlike preferred shares, there is no fixed dividend payment associated with equity shares.

The reason is false. Equity shareholders do not have a preferential right to receive dividends. If the company declares dividends, it is usually distributed to all equity shareholders based on their shareholding and the company's dividend policy. There is no preference given to any specific equity shareholder based on their ownership.

2 Views

Question : Case Study 83: Innovate Tech 

Innovate Tech is facing challenges in implementing delegation effectively due to a lack of clear communication channels. What could be a potential consequence of inadequate communication in delegation?

 

Option 1: Enhanced accountability among employees

Option 2: Increased employee motivation

Option 3: Misunderstandings and errors in decision-making

Option 4: Reduced centralization of authority

Team Careers360 26th Jan, 2024

Correct Answer: Misunderstandings and errors in decision-making


Solution : The correct answer is (c) Misunderstandings and errors in decision-making

Inadequate communication in delegation can lead to misunderstandings regarding tasks, responsibilities, expectations, and authority. This lack of clarity can result in errors in decision-making, as individuals may not fully grasp their roles and responsibilities. Misinterpretation of instructions and objectives can lead to suboptimal decisions and actions, potentially impacting organizational efficiency and outcomes. It may hinder effective delegation, impairing the intended benefits and goals. It does not lead to enhanced accountability, increased employee motivation, or reduced centralization of authority but rather to confusion and potential errors.

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