Type of swaps in which fixed payments of interest are exchanged by two counterparties for floating payments of interest are called

by
A. float-fixed swaps
B. interest rate swaps
C. indexed swaps
D. counter party swaps
✅ The correct answer is option B.
Type of swaps in which fixed payments of interest are exchanged by two counterparties for floating payments of interest are called interest rate swaps. An interest rate swap is a type of a derivative contract through which two counterparties agree to exchange one stream of future interest payments for another, based on a specified principal amount. In most cases, interest rate swaps include the exchange of a fixed interest rate for a floating rate.

115. Human resource management is the formal part of an organisation responsible for all of the following aspects of the management of human resources except

by
A. systems, processes, and procedures
B. policy making, implementation, and enforcement
C. strategy development and analysis
D. management of the Organisation’s finances
✅ The correct answer is option D.
Human resource management is the formal part of an organisation responsible for all of the following aspects of the management of human resources except management of the Organisation’s finances. Finance is defined as the management of money and includes activities like investing, borrowing, lending, budgeting, saving, and forecasting. Corporate finance also includes the tools and analysis utilized to prioritize and distribute financial resources.

1280. Which one of the following is not a future pattern identified by Courtney et al. (1997)

by
A. A limited and definable number of discrete alternatives which can be evaluated and judged by strategic managers
B. A limited and definable number of alternatives which cannot be evaluated nor judged with any great certainty
C. A limited but undefinable number of discrete alternatives which can be evaluated and judged
D. A limited but undefinable number of discrete alternatives that cannot be evaluated nor judged at all
✅ The correct answer is option A.
A limited and definable number of discrete alternatives which can be evaluated and judged by strategic managers is not a future pattern identified by Courtney et al. (1997).

1317. Consumer complaints tend to be:

by
A. instrumental and ostensive
B. instrumental and reflexive
C. non-instrumental and ostensive
D. non-instrumental and reflexive
✅ The correct answer is option C.
Consumer complaints tend to be non-instrumental and ostensive. A consumer complaint or customer complaint is “an expression of dissatisfaction on a consumer’s behalf to a responsible party”.

1315. Actual price of material is less than budgeted price, this means that

by
A. price variance is favourable
B. price variance is unfavourable
C. cost variance is favourable
D. cost variance is unfavourable
✅ The correct answer is option A.
Actual price of material is less than budgeted price, this means that price variance is favourable. A price variance is the difference between the actual revenue or cost and the budgeted revenue or cost because of a difference between the actual unit price and the budgeted unit price.

Type of liability in which stockholders losses are counted for only invested amount in firm is classified as

by
A. counted liability
B. invested liability
C. unlimited liability
D. limited liability
✅ The correct answer is option D.
Limited liability is a type of legal structure for an organization where a corporate loss will not exceed the amount invested in a partnership or limited liability company. In other words, investors’ and owners’ private assets are not at risk if the company fails.

Bankers acceptance which is usually time draft is fully backed by

by
A. commercial banks
B. Swiss banks
C. agriculture banks
D. functional banks
✅ The correct answer is option A.
Bankers acceptance which is usually time draft is fully backed by commercial banks. Commercial banks make money by providing loans and earning interest income from those loans.

Choice of financial managing can be split down into choices of

by
A. Financing and investment
B. Investment, financing, and asset management
C. Financing and dividend
D. Capital budgeting, cash management, and credit management
✅ The correct answer is option B.
Choice of financial managing can be split down into choices of Investment, financing, and asset management.

1307. Level of used input to achieve a determined level of output is termed as

by
A. efficiency
B. effectiveness
C. growth evaluation
D. performance evaluation
✅ The correct answer is option A.
Level of used input to achieve a determined level of output is termed as efficiency. Efficiency is the (often measurable) ability to avoid wasting materials, energy, efforts, money, and time in doing something or in producing a desired result.