244. There are two circles of different radii. The area of a square is 196 sq.cm, whose side is half the radius of the larger circle. The radius of the smaller circle is three-seventh that of the larger circle. What is the circumference of the smaller circle ?

A. 12 π cm
B. 16 π cm
C. 24 π cm
D. 32 π cm
✅ The correct answer is option C. 24 π cm.
Radius of larger circle

Interest rate of certificate of deposits is quoted using a time span of

A. 250 days a year
B. 150 days a year
C. 365 day a year
D. 360 day a year
✅ The correct answer is option D.
Interest rate of certificate of deposits is quoted using a time span of 360 day a year. A certificate of deposit (CD) is a product offered by banks and credit unions that offers an interest rate premium in exchange for the customer agreeing to leave a lump-sum deposit untouched for a predetermined period of time.

581. ________ keeps tracks of data concerning purchase from and payments to suppliers.

A. Inventory control
B. Accounts payable
C. Payroll
D. Accounts receivable
✅ The correct answer is option B.
Accounts payable keeps tracks of data concerning purchase from and payments to suppliers. Accounts Payable is a liability due to a particular creditor when it order goods or services without paying in cash up front, which means that you bought goods on credit.

578. Which of the following is the best reason for why strategic planning is still important today?

A. Without a formal strategic plan a company cannot expect to compete effectively
B. Without a strategic plan an organization can drift without purpose or definition
C. Without it, companies would exist without cause or co-ordination
D. Because of slower economic growth, globalization and technological change
✅ The correct answer is option D.
Strategic planning is still important today because A critical success factor (often abbreviated “CSF”) may sound complicated, but it’s actually a pretty simple concept. Strategic planning is a process in which organizational leaders determine their vision for the future as well as identify their goals and objectives for the organization.

42. The degree to which interviews, tests, and other selection procedures yield comparable data over time and alternative measures is best define by

A. Job sampling
B. Reliability
C. Validity
D. Organisational culture
✅ The correct answer is option B.
The degree to which interviews, tests, and other selection procedures yield comparable data over time and alternative measures is best define by reliability. Reliability can be referred as the ability to be dependent on or relied on, for the honesty, achievement or accuracy. It is the quality of being trustworthy and dependable. In the field of education, it is the ability to conduct an experiment or a test that gives the same results consistently whenever it is repeated.

For an investment, weighted average time to maturity is considered as

A. premium time
B. standard time
C. mean time
D. duration
✅ The correct answer is option D.
For an investment, weighted average time to maturity is considered as duration. Duration is defined as the average time it takes to receive all the cash flows of a bond, weighted by the present value of each of the cash flows. Essentially, it is the payment-weighted point in time at which an investor can expect to recoup his or her original investment.

566. Which of the following is not suggested by Markides (1999) as a factor for competitive and strategic success?

A. Synergy
B. Careful evaluation of strategic options
C. Ensure consistency between desired strategic position and the chosen strategy
D. Active opportunity searching
✅ The correct answer is option C.
Ensure consistency between desired strategic position and the chosen strategy is not suggested by Markides (1999) as a factor for competitive and strategic success. Markides (1999introduced ” breakthrough strategies ” that primarily focus on revitalizing business and markets in a competitive environment, also taking other strategic alliances into consideration. The combination of creative marketing strategies and effective implementation seems a logical approach for organizations to gain a competitive advantage.

41. For forecasting the demand for manpower, the important techniques used are

A. Delphi Techniques
B. Statistical Techniques
C. Work Study Techniques
D. All of the above
✅ The correct answer is option D.
For forecasting the demand for manpower, the important techniques used are Delphi Techniques, Statistical Techniques and Work Study Techniques

The threshold limit for the handloom industry as per the recent EXIM policy is:

A. 500 crores
B. 350 crores
C. 250 crores
D. 100 crores
✅ The correct answer is option C.
The threshold limit for the handloom industry as per the recent EXIM policy is 250 crores. Handloom mark enables handloom products to develop a niche market with a distinct identity.