Author name: Administrator

2673. Set of rules consisting of behavior towards its directors, creditors, shareholders, competitors and community is considered as

agency governance
hiring governance
corporate governance
external governance
✅ The correct answer is C.
Set of rules consisting of behavior towards its directors, creditors, shareholders, competitors and community is considered as corporate governance. Corporate governance is the combination of rules, processes or laws by which businesses are operated, regulated or controlled.

2674. Which of the following is incorrect? A. Mutuality means funds from various individuals are combined B. Diversification means spreading out funds to various destinations.

A is correct
B is correct
Both A & B
None of the above
✅ The correct answer is D.
Both the statements are incorrect.
Mutuality is the principle of private, commercial insurance; individuals enter the pool for sharing losses, and pay according to the best estimate of the risk they bring with them and Diversification is a risk management strategy that mixes a wide variety of investments within a portfolio.

2678. Registration of partnership is ________.

optional under Indian partnership act
compulsory under the Indian partnership act
compulsory under the income tax act
compulsory under Indian contract act
✅ The correct answer is A.
Registration of partnership is optional under Indian partnership act. Registration of partnership firm may be done at any time – before starting a business or anytime during the continuation of partnership.

2660. Which of the following techniques of project appraisal does not consider the time value of money?

Benefit cost ratio
Net present value
Internal rate of return
Accounting Rate of Return
✅ The correct answer is D.
Accounting Rate of Return techniques of project appraisal does not consider the time value of money. Under this method, the asset’s expected accounting rate of return (ARR) is computed by dividing the expected incremental net operating income by the initial investment and then compared to the management’s desired rate of return to accept or reject a proposal.

2661. Which is not a component of ERP?

Legacy systems
Bolt on applications
Operational database
Cybersoft
✅ The correct answer is D.
Cybersoft is not a component of ERP. Cybersoft is a leading provider of innovative business software solutions, information technology and consulting services.

2662. Which of the following statements about privacy is true?

It is a moral right to be left alone
Only corporations and government need to be concerned about it
It has only just recently become a concern
It is most easily obtained on the Internet
✅ The correct answer is A.
Privacy is a moral right to be left alone. Privacy is the ability of an individual or group to seclude themselves, or information about themselves, and thereby express themselves selectively. The boundaries and content of what is considered private differ among cultures and individuals.

2668. In the weekly efficient market, the stock price reflects.

the company’s financial performance
the past price of the scrip
the demand for the scrip
the past price and traded volumes
✅ The correct answer is D.
In the weekly efficient market, the stock price reflects the past price and traded volumes. Weak form efficiency claims that past price movements, volume and earnings data do not affect a stock’s price and can’t be used to predict its future direction. Weak form efficiency is one of the three different degrees of efficient market hypothesis (EMH).
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