Explore topic-wise InterviewSolutions in Current Affairs.

Exports will increase because Indian goods have become cheaper for foreigners. 

(c) Registrar of Firms

Margin requirement:

• Margin requirement is the limit that is set by RBI for granting loans against security.
• An individual is offered only certain percentage of the total value of the asset (security) as loan.

A partnership can be declared invalid if: 

1. The number of persons reduces to less than two. 

2. A number of persons exceed 50. 

3. If it is founded with some illegal objective. 

4. It is against government policies. 

5. Business is done with persons of an enemy country. 

6. If the court has given the order to dissolve it, but it still remains in operation. 

7. If it is against the public interest.

An important characteristic of business is the creation of utility in goods so that consumers may use them. For instance, when goods are transported from the places of production to the places of consumers who ultimately use them, then place utility is created.

Partners by Estoppel or Holding out – When a person is not a partner but represents or poses himself to be a partner, or knowingly permits himself to be represented as a partner, either by words on in writing or by his acts, he is called a partner by estoppel or holding out. A partner by estoppel or by holding out shall be liable to outsiders who deal with the firm on the presumption of that person is a partner in the business, even though he is not a partner. Such partners do not contribute to capital, nor do they participate in the management and also do not share profits/losses.

(c) Cooperating is not the function of management.

(c) Indian poet

(d) very quickly

(b) grew old

(b) She could climb a tree

Correct Answer is: (a) 1776

For in all the garden there wasn’t a tree

(a) a terrible fall

(d) a loving brother

MBO is popularised in the USA by George Odiome. According to him, “MBO is a system wherein the superior and the sub-ordinate managers of an organisation jointly identify its common goals, define each individual’s major area of responsibility in terms of the result expected of him and use these measures as guides for operating the unit and assessing the contribution of each of its members”.

Delegation of Authority is Easily Done with the Help of MBO.

(d) Defining Organisational Objectives

1. It saves the time of managers because they deal only with exceptional matters. Routine problems are left to subordinates. 

2. It focuses managerial attention on major problems. As a result, there is better utilisation of managerial talents and energy.

Correct Answer is: (a) MBO

(c) Both are true

At the end of the fixed period for achieving the objectives, there should be a discussion between the superior and subordinates. The discussion is related with subordinates performance against I the specified standards. The superior should take corrective action.

MBO harmonises the goal of an individual with the organisation’s goal.

Industrial entrepreneurs are those persons who manufacture products to cater the needs of the consumers. They may be small, medium and large entrepreneurs. Industrial entrepreneurs mobilise the resources of various types’.

(d) Agricultural

Memorandum of Association

Correct Answer is: (a) Public

Correct Answer is: (c) 30 Days

The Companies Act 2013 Prohibits the issue of shares at Discount to the public.

Correct Answer is: (d) Promoter

The shares which are offered first to the existing shareholder at reduced price is known as Right Share.

The shares which are offered to the existing shareholder at free of cost is known as Bonus Share.

(b) Authorised Capital

Correct Answer is: (d) Board

(b) Right Shares

John Rawls was an advocate of Social Justice, who advocated the concept of Distributive Justice. Rawl’s theory of social justice focuses on the just desire of individuals in society. In his book, ‘A Theory of Justice’, Rawls argues that the concept of freedom and equality are not mutually exclusive. He concludes that for justice to be truly just, everyone must be accorded the same rights under the law.

 Rawls has put forth two principles of social justice:

• Fundamental rights and duties must be uniformly acceptable. A system can be just only when those at the bottom of the system are able to benefit from it.
• There must be equality of opportunity for all the public offices that are available. This is Rawls’s concept of fairness.

Goods have exchange value and their ownership rights can be established and exchanged.

Correct option is (a) Lower-level

Correct option is (d) All of the above

because management is all pervasive which is required in every field of life.

A stake-holder is a person having an interest or concern in business. A variety of groups having different interest are associated with the business directly or indirectly. Each group is called a stake-holding group.

The interest groups which are associated directly with the management of a business unit and which forms a part of business unit are called internal stake holders or internal stake holding groups.

Two; internal stake-holding groups and External stake holding groups.

Due to the sun’s bright light we cannot see directly towards the sun.

The family members keep fast these days and worship gods and goddesses. They also distribute food and cloth to the poor people on these days.

In Basantpanchmi and shivratri, fairs are organised.

(a) Animal A is Frog and form is Tadpole. 

(b) The change from Tadpole to Frog is called as Metamorphosis. 

(c) Since, A is Frog, hence the breathing organ of Frog is Lungs. 

(d) Since, B is Tadpole. The breathing organ of Tadpole is gills.

P is Amoeba ; Q is Pseudopodia ; R is Binary fission ; S is Paramecium.

There are five types of asexual reproduction. They are:

1. Budding
2. Binary fission
3. Fragmentation
4. Spore formation
5. Vegetative reproduction.

Amoeba exhibits asexual mode of reproduction. It reproduces by binary fission, where a single organism, divides to form two new organisms or progeny.

• इकोनॉमिक नाइटमेअर ऑफ इण्डिया इट्स काजेज एण्ड क्योर,
• लैण्ड रिफार्स इन यू०पी० एण्ड दि कुलक्स,
• इण्डियाज इकोनॉमिक पॉलिसी
• दि गांधियन ब्ल्यू प्रिन्ट।