PGT Commerce Level-3 (HTEТ), Exam 2017

Total Questions: 150

91. Answer the following questions by selecting the most appropriate option.

‘A’, a minor, takes a loan of ₹ 10,000 from ‘B’ during his minority. On attaining majority he applies to ‘B’ for a further loan of ₹ 10,000. ‘B’ gives this loan and obtains from ‘A’ a combined promissory note of ₹ 20,000 for the two loans. This will be taken as a:

Correct Answer: A. New contract

92. 'The Management Role Approach' developed by:

Correct Answer: C. Henry Mintzberg

93. Which among the followingg assetssets isis not not depreciated?

Correct Answer: A. Land

94. Which one is an organizational factors of McKinsey's 7S framework?

Correct Answer: B. Structure

95. According to 'The Hot Stove Rule' propounded by Douglas McGregor, a sound disciplinary system in an organisation does not includes:

Correct Answer: C. Immediacy in retrenchment

96. What is MBO?

Correct Answer: A. Management By Objectives

97. Which is not the part of "Abell's business definition"?

Correct Answer: B. Retailer Group

98. The mean and variance of a normal distribution are 2 and 9 respectively. Find that value of the variable for which probability of its difference from mean is 0.4115:

Correct Answer: A. 6.05

99. 5000 students were appeared at an examination. The mean of marks was 39.5% with a standard deviation 12.5% marks. Assuming the distribution to be normal, find the number of students to recorded more than 60% marks. Some areas of standard normal curve are given below:

Correct Answer: B. 252.5 (Approx)

100. Following information is available regarding Karl Pearson's co-efficient of correlation:

Cov (X, Y) = 60.7, σᵧ² = 64.6; r = 0.98
find σₓ:

Correct Answer: B. 7.70