NTA-NET (Based on NTA-UGC) Commerce (Paper-II): Questions 288 - 290 of 1424
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Question number: 288
» Business Economics » Curve Analysis Law
Appeared in Year: 2018
Question
When labour is plotted on and capital is plotted on and an iso-quant is prepared, then which of the following statements is/are false? (September Paper II)
(a) Marginal rate of technical substitution of labour for capital is equal to the slope of the iso-quant.
(b) Marginal rate of technical substitution of labour for capital is equal to change in the units of capital divided by the change in the units of labour.
(c) Marginal rate of technical substitution of labour for capital is the ratio of marginal productivity of capital to marginal productivity of labour.
Choices
| Choice (4) | Response | |
|---|---|---|
a. | Only (b) | |
b. | Only (c) | |
c. | Only (a) | |
d. | (a) and (b) | |
Question number: 289
» Business Statistics and Data Processing » Data Processing » Data Entry
Appeared in Year: 2018
Question
In the case of classification of data, the class having its upper limit is treated as the lower limit of its next class is called: (September Paper II)
Choices
| Choice (4) | Response | |
|---|---|---|
a. | Close ended class | |
b. | Exclusive class | |
c. | Inclusive class | |
d. | Open ended class | |
Question number: 290
» Business Environment » Consumer Protection
Appeared in Year: 2018
Question
Which of the following statements is not correct relating to consumerism?
(September Paper II)
Choices
| Choice (4) | Response | |
|---|---|---|
a. | Consumerism is a manifestation of the failure of the business to guarantee and ensure consumer legitimate rights. | |
b. | The government does not have any role in consumer protection as it is the part of business organisations alone. | |
c. | The consumers should accept consumerism as a means of asserting and enjoying their rights. | |
d. | Consumerism evolution is not a set-back for marketing but rather points to the next stage in the evolution of enlightened marketing. | |