QUESTION SET 6 (CBSE NET COMMERCE)

Dear Folks,

another 10 question for your knowledge...

26.Which one of the following is not correct about business ethics?
A.Business ethics reflects the philosophy of business.
B.Business ethics is a form of applied ethics.
C.Business ethics is governed by the government policies.
D.Ethics are the standards which govern decisions on daily basis.
ANSWER-:C
EXPLANATION-:ethics are moral norms and responsibility which is expected from business concern to be followed.
Business ethics is not governed by government policy.

27.Target marketing involves which of the following?
A.market positioning
B.market targeting.
C.market behavior.
D.market segmentation
codes:-
1.A and B
2.B and D
3.A, B and D
4.B,C and D
ANSWER:-3
EXPLANATION:-There are three stages of Target Marketing:
-marketing segmentation
-market targeting
-market positioning

28.Rental income received by a foreign individual from another foreign individual, in respect of the property situated in Delhi   is taxable in the hands of:-
A.Resident and ordinary resident (OR) in India
B.Ordinary resident (OR)and Not Ordinary resident(NOR)
C.Non resident (NR)only
D.Ordinary Resident (OR), Not Ordinary Resident (NOR) and Non Resident (NR)

 ANSWER:-D
EXPLANATION:-any income which accrue or arises in India is taxable to all whether he is OR ,NOR and NR. As income arises from a property which is situated in India at Delhi hence taxable to all.

29.Which among the following are not part of staffing process?
a.human resource planning
b.recruitment
c.selection
d.induction and orientation
e.training and development
f.performance appraisal
g.transfer
f.separation
codes:-
A. e,f,g and h
B.g and h
C.f and h
D none of the above. 
 ANSWER:-D
EXPLANATION:all are part of staffing as staffing starts with human resource planning

30.Which one of the following is not a punishment?
A.withholding of increment
B.demotion
C.Transfer D.suspension
ANSWER:-C
EXPLANATION:-Major penalties are oral warning, written reprimand,loss of privileges, suspension.Minor penalties are withholding of increment, demotion,discharge, dismissal.

31.Which one of the following is not a stage in the product life cycle?
A.Introduction
B.growth
C.equilibrium  D.decline
ANSWER:-C
EXPLANATION:-stages in product life cycle are introduction, growth , maturity/saturation ,decline

32.Financial instruments which are issued with detachable warrants and are redeemable after certain period is known as:
A.Deep discount bond
B.secured premium notes C.Bunny Bonds
D.junk bonds
ANSWER:-B
EXPLANATION:-SPN secured premium notes is issued with a detachable warrant and is redeemable after certain period.
Each SPN has a warrant attached to it which gives the holder the right to apply for equity shares provided the SPN are fully paid up.There is lock in period in SPN during which no interest is paid to the investor.

33.X Ltd. goes into liquidation and a new company Z ltd.purchases the business of X ltd.It is a case of:
A.Amalgamation
B.Absorption
C.Internal reconstruction
D.External reconstruction  ANSWER:-D
EXPLANATION:- external reconstruction is a method where by an existing company loses it entity and its assets and liabilities are taken over as against internal reconstruction where a company does not go through winding up process.

34.In India NIFTY and SENSEX are calculated on the basis of :
A.market capitalization
B.paid up capital
C.free-float market capitalization D. Authorized share capital
ANSWER:-C
EXPLANATION:-Under free - float market capitalization an index underlying company's market capitalization is calculated.It is calculated by taking the equity's price and multiplying it by the number of shares available in the market.

35.A practice of selling a commodity in a foreign market at a price lower than the domestic price and even at equal to the cost of production to capture foreign market is known as:
A. Goughing
B.forging
C.Dumping D.forfeiting
ANSWER:-D
EXPLANATION:-The art of selling a commodity at a lower price in foreign market even below cost of production and at a higher price in home market is known as dumping.Its a form of price discrimination