NTA-NET (Based on NTA-UGC) Commerce (Paper-II): Questions 419 - 422 of 1264

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Question number: 419

» Income-Tax Law and Tax Planning » Computation of Taxable Income under Various Heads

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Appeared in Year: 2016

Assertion-Reason▾

Question

Assertion (Ꭺ)

A custom to be valid should be proved to be immemorial but may not be ancient. (July Paper 3)

Reason (Ꭱ)

The principle of judicial decision which is only authoritative is known as ‘ratio decidendi’.

Choices

Choice (4) Response

a.

Both Ꭺ and Ꭱ are false

b.

Ꭺ is true but Ꭱ is false

c.

Ꭺ is false but Ꭱ is true

d.

Both Ꭺ and Ꭱ are true but Ꭱ is NOT the correct explanation of Ꭺ

Question number: 420

» Banking and Financial Institutions » Reserve Bank of India

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Appeared in Year: 2016

MCQ▾

Question

Which combination of the following methods indicates quantitative methods of control of credit creation practiced by the Reserve Bank of India?

(i) Bank Rate

(ii) Open Market Operations

(iii) Variable Reserve Ratios

(iv) Credit Rationing

(July Paper 3)

Choices

Choice (4) Response

a.

(i), (iii) and (iv)

b.

(ii), (iii) and (iv)

c.

(i), (ii) and (iv)

d.

(i), (ii) and (iii)

Question number: 421

» Accounting and Finance » Responsibility Accounting

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Appeared in Year: 2016

MCQ▾

Question

Name the process in which a buyer posts its interest in buying a certain quantity of item and sellers compete for the business by submitting lower bid until there is only one seller left. (July Paper 3)

Choices

Choice (4) Response

a.

Internet

b.

B2C market place

c.

B2B market place

d.

Reverse auction

Question number: 422

» Human Resources Management » Morale and Productivity

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Appeared in Year: 2016

MCQ▾

Question

Which of the following is a deterioration of mental efficiency, reality testing and moral judgement that results from in-group pressure? (July Paper 3)

Choices

Choice (4) Response

a.

Group think

b.

Group burnout

c.

Harassment

d.

Group control

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