NTA-NET (Based on NTA-UGC) Commerce (Paper-II): Questions 256 - 258 of 1264

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Question number: 256

» Business Environment » Concept

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Appeared in Year: 2018

Match List-Ⅰ List-Ⅱ▾

Question

Match the items of List - I with List - II and indicate the correct code of matching: (September Paper II)

List-Ⅰ (Column I) List-Ⅱ (Column II)

(A)

Desire competition

(i)

Sponsoring of events like sports

(B)

Micro external environment

(ii)

Competition among diverse products targeting disposable income of consumers

(C)

Macro external environment

(iii)

Economic and political factors

(D)

Non - price competition

(iv)

Input suppliers

Choices

Choice (4) Response
  • (A)
  • (B)
  • (C)
  • (D)

a.

  • (ii)
  • (iv)
  • (iii)
  • (i)

b.

  • (i)
  • (ii)
  • (iv)
  • (iii)

c.

  • (iii)
  • (iv)
  • (i)
  • (ii)

d.

  • (i)
  • (iv)
  • (iii)
  • (ii)

Question number: 257

» International Business » Intellectual Property Rights

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Appeared in Year: 2018

MCQ▾

Question

Which among the following is not a correct statement regarding patent? (September Paper II)

Choices

Choice (4) Response

a.

A patent is a legal protection granted for an invention that is new, non-obvious and useful.

b.

The patent grants the patent holder the exclusive right to make use or sell the patented products or process.

c.

The Indian Patent Act, 1970, was amended and made effective from January 1,2005.

d.

The exclusive purpose of the patent system is to benefit the patent holder.

Question number: 258

» Business Environment » Economic Environment

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Appeared in Year: 2018

MCQ▾

Question

Which one of the following is not the characteristic of capitalism?

(September Paper II)

Choices

Choice (4) Response

a.

The country’s major means of production are either owned by the Government or their use is controlled by the Government.

b.

Price, the invisible hand, plays a predominant role in the flow of the factors of production and consumption.

c.

Individuals and associations behave with economic motive of maximising their profit with least sacrifice or cost.

d.

Producers, consumers and employees compete among themselves, as the resources and opportunities are limited.

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