43. The following factor would be relatively low if supply of labour is higher than demand.

by
A. production
B. labour cost
C. wage
D. all of the above
✅ The correct answer is option C.
Wage factor would be relatively low if supply of labour is higher than demand. Wages are the price that workers receive for their labor in the form of salaries, bonuses, royalties, commissions, and fringe benefits, such as paid vacations, health insurance, and pensions.

50. Complete installation of computer within 3 months is an example of

by
A. rules
B. programme
C. project
D. schedule
✅ The correct answer is option D.
Complete installation of computer within 3 months is an example of schedule. Schedule management is the process of developing, maintaining and communicating schedules for time and resource. A schedule is the timetable for a project, programme or portfolio.

In 1944 international accord is recognized as

by
A. Breton Wood Agreement
B. Exchange Agreement
C. International Trade
D. Fisher Effect
✅ The correct answer is option A.
In 1944 international accord is recognized as Breton Wood Agreement. The Bretton Woods Agreement was negotiated in July 1944 to establish a new international monetary system, the Bretton Woods System.

631. Which of the following is NOT a major element of the strategic management process?

by
A. Formulating strategy
B. Implementing strategy
C. Evaluating strategy
D. Assigning administrative tasks
✅ The correct answer is option D.
Assigning administrative tasks is NOT a major element of the strategic management process. The process of strategic management includes goal setting, analysis, strategy formation, strategy implementation, and strategy monitoring.

49. The leader makes decisions in consultation with his followers is _________.

by
A. autocratic style
B. liberal leader
C. democratic leader
D. institutional leader
✅ The correct answer is option C.
The leader makes decisions in consultation with his followers is democratic leader. A democratic leader is one who takes decisions in consultation with his subordinates. He emphasises consultation with and participation of his subordinates and encourages initiative from them. He also seeks their advice and opinions on matters which affect them and their jobs.

625. Maximization of objective function in an LP model means.

by
A. Value occurs at allowable set of decisions
B. Highest value is chosen among allowable decisions
C. Neither of above
D. Both a & b
✅ The correct answer is option A.
Maximization of objective function in an LP model means Value occurs at allowable set of decisions. Linear programming refers to choosing the best alternative from the available alternatives, whose objective function and constraint function can be expressed as linear mathematical functions.

Type of markets in which derivative securities are traded is classified as

by
A. derivative security markets
B. trading markets
C. classified markets
D. non-trading markets
✅ The correct answer is option A.
Type of markets in which derivative securities are traded is classified as derivative security markets. Derivative securities (also called derivatives) are financial contracts whose values are derived from the values of underlying financial assets (such as securities).

If price of municipal bonds suddenly changes because of an unexpected interest rate change then investment bank

by
A. faces a high profit
B. faces a loss
C. face a inflation
D. face an index risk
✅ The correct answer is option B.
If price of municipal bonds suddenly changes because of an unexpected interest rate change then investment bank faces a loss. Municipal bonds are loans investors make to local governments. They are issued by cities, states, counties, or other local governments. For that reason, the interest they pay on the bonds is tax-free.

International bankers

by
A. letter of confirmation
B. letter of transfer
C. letter of credits
D. letter of buying
✅ The correct answer is option C.
International bankers letter of credits. A letter of credit (LC), also known as a documentary credit or bankers commercial credit, or letter of undertaking (LoU), is a payment mechanism used in international trade to provide an economic guarantee from a creditworthy bank to an exporter of goods.