Legal Aspects of Insurance SCDL Assignment, SCDL Assignment on Legal Aspects of Insurance

Legal Aspects of Insurance SCDL Assignment
SCDL Assignment on Legal Aspects of Insurance

• Duplicate license can be issued on payment a fee of ________.
  Rs. 50.00
• Where can we file an appeal against the order of the National commission?
  Supreme court
• Various funds created to pay compensation can be listed as:-
  Environment fund , War injuries fund , Personal injuries fund
• Mr.Naidu made a complaint to consumer forum regarding manufacturing defect in "Indica" car. He should receive replacement of defected parts within ________ from the date of notice.
  90 days
• Intermediary between the Insure & Insured are:-
  Brokers , Consultant
• The provision of consumer protection act is in addition to any other law in the force.
  True
• Claims in favor of residents in countries in Bilateral Group should be settled in foreign currency.
  False
• ________ distinguishes Insurance contract from contract of indemnity and wagering agreement .
  Insurance interest
• The Complaints or the allegations with the consumer court are of the following nature:-
  Unfair trade practice , Defect in goods , Excess price charged
• What should a Complaint to consumer court contain?
  Name of complainant and opposite party , Facts of complaints , Documents in support of allegation
• What was Insurance Act 1938 and Insurance Rule 1939 enacted for ?
  To safeguard the interest of policy holders , To prevent the unhealthy competition among insurance companies
• All contracts of insurance are:-
  Promise to indemnify the loss , Against the payment of premium
• A mishap happened due to release of chlorine gas in air from a factory. There were number of claims against the owner of the factory. The final Authority for settlement of claims is:-
  Collector
• A limit of third party property damage is ________.
  Rs. 6,000.00
• If huts of poor families destroyed by fire, the compensation payable is Rs.________ for huts.
  Rs. 1,000.00
• Every insurer who begins to carry an Insurance Business has obligation to do Rural Sector Business ________% in the first financial year.
  5
• Valid contract is a contract:-
  Enforceable by law
• In the present globalization scenario all countries in the world came closer in all aspects of insurance business.
  True
• The Indian Post Act,1898 covers:-
  Loss of property , Wrong delivery , Delay in delivery
• Hut Insurance scheme provides compensation of Rs ________ for belongings to poor families when their huts are destroyed by fire.
  500
• The Employees State Insurance Act applies to all factories where:-
  10 or more employees are there & manufacturing is carried on with power , 20 or more employees are there & manufacturing is carried on without power
• The consent of the parties cannot be termed as a free consent when it is obtained by :-
  Fraud , Misrepresentation , Under undue influence
• Project Insurance covers installed machinery.
  False
• A promise is an agreement, but every promise is not an agreement________.
  Enforceable by law
• "In Insurance, the loss should arise out of some particular peril and risk", this principle is known as :-
  Principle of proximate cause
• Free consent of the parties must be obtained by:-
  Showing willingness
• Intention to cause or knowing act to cause a wrongful loss or damage to public or any person is known as:-
  Mischief
• Giving a reason of repudiation is not duty of Surveyor.
  False
• Insurance for Vehicle of Central & State Government is not compulsory because:-
  They have created a separate Fund
• The employer is not liable to pay compensation to employee if:-
  Accident happens while he was engaged in his personal work , Disease suffering is not inherent to the occupation
• Malicious civil action is a type of tort to property.
  False
• It is not necessary that rules & regulations formed by IRDA has to be followed by all insurance companies.
  True
• Due to compulsory insurance of vehicle people know about ________ insurance.
  Motor

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Quantitative Techniques SCDL Assignments, SCDL Assignments on Quantitative Techniques

Quantitative Techniques SCDL Assignments
SCDL Assignments on Quantitative Techniques

Multiple Choice Single Answer
Question
Simplex method sets up equation of constraints & :-
Correct Answer
Objective Function
Your Answer
Objective Function

True/False
Question
There is one queue & one server in the service facility is Single Queue: Single Server.
Correct Answer
True
Your Answer
True

Select The Blank
Question
The ________ are the points from which decision alternatives emerges branches of the tree.
Correct Answer
Decision modes
Your Answer
Decision modes

Multiple Choice Single Answer
Question
Mixed strategy game is solved using :-
Correct Answer
Probability
Your Answer
Probability

Multiple Choice Single Answer
Question
Linear Programming select the shortest route for a salesman starting from a given city, visiting each city & then return back is called as :-
Correct Answer
Traveling Salesman Problems
Your Answer
Traveling Salesman Problems

Multiple Choice Multiple Answer
Question
Terms relating to LP are :-
Correct Answer
Constraints , Objective Function , Non-Negativity Condition
Your Answer
Constraints , Objective Function , Non-Negativity Condition

Select The Blank
Question
The ________ aims to achieve orderly flow of batches of a product at a sequence of unconnected work.
Correct Answer
Line of balance
Your Answer
Line of balance

Select The Blank
Question
Management Science & ORT provide computational techniques to select optimal solution is called as ________.
Correct Answer
Analytical Decisions
Your Answer
Analytical Decisions

Multiple Choice Multiple Answer
Question
Terminologies of Decision Tree are :-
Correct Answer
Event nodes , Branches of Tree , Decision nodes
Your Answer
Outcomes & Risk , Event nodes , Branches of Tree , Decision nodes

True/False
Question
To construct a pay off matrix the corresponding probabilities of decision alternatives are placed column head wise.
Correct Answer
True
Your Answer
False

Multiple Choice Multiple Answer
Question
Resource Management involves :-
Correct Answer
Man , Machines , Materials
Your Answer
Man , Machines , Materials

Multiple Choice Multiple Answer
Question
Following concepts are not considered in Linear Programming :-
Correct Answer
Maximum , Minimax , Saddle Point
Your Answer
Maximum , Minimax , Saddle Point

Multiple Choice Multiple Answer
Question
Point of intersection of pure strategies is called :-
Correct Answer
Value , Saddle point
Your Answer
Value , Saddle point

Multiple Choice Multiple Answer
Question
How do the quantitative techniques help a decision maker in three ways?
Correct Answer
Aid decision making , Automate decision making and reduce it to a routine affair , Guide decision making
Your Answer
Guide decision making , Aid decision making , Automate decision making and reduce it to a routine affair

True/False
Question
By application of dominance rule final solution is affected.
Correct Answer
False
Your Answer
False

True/False
Question
The decision nodes are depicted by circles.
Correct Answer
False
Your Answer
False

Multiple Choice Single Answer
Question
A systematic procedure to obtain an initial feasible solution based on avoidance of high penalty & cost cell is :-
Correct Answer
Vogel's Approximation Method (VAM)
Your Answer
Vogel's Approximation Method (VAM)

Multiple Choice Multiple Answer
Question
Steps involved to solve a 3 x 3 pure strategy game is :-
Correct Answer
Constrict payoff matrix , Check for preschee of saddle point
Your Answer
Constrict payoff matrix , Check for preschee of saddle point

Select The Blank
Question
Dummy source has ________ cost.
Correct Answer
Zero
Your Answer
Zero

Match The Following
Question
Correct Answer
Your Answer
Feasible Region
Defined by Constraints
Defined by Constraints
Constraint
Upper or Lower Limit
Upper or Lower Limit
Graph
Straight Line
Straight Line
Half Space
Same Side of Line
Same Side of Line

Select The Blank
Question
The ________ is concerned with situations of conflicts between two or more opposed sets of interests to devise optimum strategies prior to commencement of action.
Correct Answer
Games theory
Your Answer
Games theory

True/False
Question
Quantitative techniques are usually associated with high costs.
Correct Answer
True
Your Answer
True

True/False
Question
Column with the highest negative index number is called a Key Column.
Correct Answer
True
Your Answer
True

Multiple Choice Multiple Answer
Question
The Optimum Balance may be arrived at either by :-
Correct Answer
Introducing more facilities at extra cost , Displacing less efficient service facilities by more efficient ones , Changing the pattern of the arrival of customers for service
Your Answer
Introducing more facilities at extra cost , Displacing less efficient service facilities by more efficient ones , Changing the pattern of the arrival of customers for service

Select The Blank
Question
In a maximization problem when each element is subtracted from largest element, the resultant matrix indicates ________.
Correct Answer
Opportunity loss
Your Answer
Opportunity loss

Multiple Choice Single Answer
Question
Solution satisfying supply & demand conditions & yet may not be optimal is :-
Correct Answer
An Initial Feasible Solution
Your Answer
An Initial Feasible Solution

Multiple Choice Multiple Answer
Question
Terminologies of simplex method are :-
Correct Answer
Cj row , Zj row , (Zj-Cj) row
Your Answer
Cj row , Zj row , (Zj-Cj) row

Multiple Choice Multiple Answer
Question
Basic Elements of Queuing System are :-
Correct Answer
Input process , Waiting line , Service discipline
Your Answer
Input process , Waiting line , Service discipline

Select The Blank
Question
Comparable Past Event & Forecasting Future Events Study is called ________
Correct Answer
Probability Theory
Your Answer
Probability Theory

Multiple Choice Single Answer
Question
Maximization problem appears when :-
Correct Answer
Profit has to be maximized
Your Answer
Assignment matrix is having 'm' rows and 'n' columns

Multiple Choice Single Answer
Question
Optimal Solution is :-
Correct Answer
That point or points in the feasible region that gives the optimal values of the objective function
Your Answer
That point or points in the feasible region that gives the optimal values of the objective function

True/False
Question
Personal decisions can affect the organisation and organisational decisions can affect the person.
Correct Answer
True
Your Answer
True

True/False
Question
Value of game to player II is negative of minimax value.
Correct Answer
False
Your Answer
False

Select The Blank
Question
A column with higher elements is called ________columns.
Correct Answer
Dominated
Your Answer
Dominating

Multiple Choice Single Answer
Question
A row in the simplex table which contains the co-efficient of the variables in the objective function is :-
Correct Answer
Cj row
Your Answer
Cj row

Multiple Choice Multiple Answer
Question
Special cases on simplex method are :-
Correct Answer
Multiple Optimal Solution , Unbounded Solution , Infeasible Solution
Your Answer
Multiple Optimal Solution , Unbounded Solution , Infeasible Solution

Multiple Choice Single Answer
Question
Set of basic variables which are not restricted to equal zero in the current basic solution & listed in the solution column is :-
Correct Answer
Basis
Your Answer
Basis

Multiple Choice Single Answer
Question
The row with smallest replacement ratios of the constraint rows is known as :-
Correct Answer
Key row
Your Answer
Key row

True/False
Question
Under Single Queue, Multiple Servers (Parallel), there is one queue but more servers in the service facility are placed in a Series arrangements.
Correct Answer
False
Your Answer
False

Select The Blank
Question
When both the players play their optimal strategies the resulting payoff is called ________of game.
Correct Answer
Value
Your Answer
Optimal Strategies

Select The Blank
Question
The ________ represents consequences of the interactions of the decision alternatives and the chance events.
Correct Answer
Outcomes
Your Answer
Outcomes

Multiple Choice Multiple Answer
Question
Constraints in traveling salesman problem are :-
Correct Answer
Salesman should not visit the city twice. , No assignment can be made along diagonal.
Your Answer
Salesman should not visit the city twice. , No assignment can be made along diagonal.

Match The Following
Question
Correct Answer
Your Answer
An algorithm for solving LP problems which starts with zero solution
Simplex Method
Simplex Method
In Simplex method, the point of maximum must lie at
One of corner point
One of corner point
The variables with positive zero values are called
Non-basic Variables
Non-basic Variables
A formalized systematic procedure for solving problems is
Algorithm Concept
Algorithm Concept

Select The Blank
Question
LP can be defined as ________.
Correct Answer
dealing with problems of in which the objective function, as well as constraints, can be expressed as linear mathematical function
Your Answer
dealing with problems of in which the objective function, as well as constraints, can be expressed as linear mathematical function

Multiple Choice Single Answer
Question
In VAM, A stands for :-
Correct Answer
Approximation
Your Answer
Approximation

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Computer Fundamentals and Networking Concepts SCDL Assignments

Computer Fundamentals and Networking Concepts SCDL Assignments
SCDL Assignment on Computer Fundamentals and Networking Concepts

Match The Following
Question
Correct Answer
Your Answer
Fast Ethernet
Autonegotiation
No need of CSMA/CD
Bridged Ethernet
Raising BW and separate collision
N-port switch and divided collision by N
Switched Ethernet
N-port switch and divided collision by N
10 Mbps
Full-duplex Ethernet
No need of CSMA/CD
1000 Mbps

Multiple Choice Single Answer
Question
The network identification in an IP address is called as :-
Correct Answer
Netid
Your Answer
Netid

Select The Blank
Question
Gigabit Ethernet operates on ________ data rate.
Correct Answer
1000 Mbps
Your Answer
1000 Mbps

Select The Blank
Question
In ATM, ________ is designed to support a data stream that has a constant bit rate.
Correct Answer
AAL1
Your Answer
AAL3/4

Multiple Choice Single Answer
Question
ARQ stands for :-
Correct Answer
Automatic repeat request
Your Answer
Automatic retransmission request

Multiple Choice Single Answer
Question
Topology requires a central controller or hub.
Correct Answer
Star
Your Answer
Star

Multiple Choice Single Answer
Question
TCP offers :-
Correct Answer
Full duplex service
Your Answer
Full duplex service

Multiple Choice Single Answer
Question
Which of the following connects LAN to another of the same type?
Correct Answer
A network bridge
Your Answer
A network gateway

True/False
Question
IPv6 is also known as IPng.
Correct Answer
True
Your Answer
True

Multiple Choice Single Answer
Question
Layer one of the OSI model is :-
Correct Answer
Physical layer
Your Answer
Physical layer

True/False
Question
Data rate of traditional Ethernet is 100Mbps.
Correct Answer
False
Your Answer
False

True/False
Question
Autonegotiation is a feature of fast Ethernet.
Correct Answer
True
Your Answer
True

True/False
Question
The 5-7 digits are known as the country code of the Network User Address (NUA)
Correct Answer
False
Your Answer
True

True/False
Question
GMII is a physical component.
Correct Answer
False
Your Answer
False

Multiple Choice Single Answer
Question
Which layer in the Ethernet standard communicates with the OSI network layer?
Correct Answer
LLC
Your Answer
Protocol

Select The Blank
Question
In HDLC ________ are used for flow and error control where piggy backing is impossible.
Correct Answer
S - frame
Your Answer
Frame check sequence

Select The Blank
Question
The Frame Relay committed Information Rate represents________.
Correct Answer
The minimum data rate on the network
Your Answer
The maximum data rate on the network

Multiple Choice Multiple Answer
Question
Transmission media is characterized by :-
Correct Answer
Throughput , Propagation speed , Propagation time
Your Answer
Propagation speed , Propagation time , Received signal

Multiple Choice Single Answer
Question
In a access method a station that has token is :-
Correct Answer
Token passing
Your Answer
Token passing

True/False
Question
Application programs as well as all protocol software from the internet layer upward use only IP address.
Correct Answer
True
Your Answer
True

True/False
Question
Modulation is the process of sending a file from one computer to another computer.
Correct Answer
False
Your Answer
False

Multiple Choice Single Answer
Question
In which method a station reserves a slot for data by setting its flag in a frame?
Correct Answer
Reservation
Your Answer
Polling Access

Multiple Choice Single Answer
Question
The main advantage of ISO model is that :-
Correct Answer
It allows integration of software and hardware
Your Answer
It fits in well in network

Multiple Choice Multiple Answer
Question
AAL sub layers are :-t
Correct Answer
Convergence sub layer (CS) , Segmentation and reassembly (SAR)
Your Answer
Data link layer (DLC) , Media access control (MAC)

Multiple Choice Multiple Answer
Question
IPCP defines three categories of seven packets :-
Correct Answer
Configure , Terminate , Code
Your Answer
Configure , Terminate , Code

Select The Blank
Question
The fast Ethernet has ________ data rate.
Correct Answer
100 Mbps
Your Answer
100 Mbps

Select The Blank
Question
Data link layer is responsible for transmitting ________ from one node to other.
Correct Answer
Frames
Your Answer
Frames

Select The Blank
Question
Network layer is responsible for delivery of ________ from one source to other.
Correct Answer
Packets
Your Answer
Packets

Match The Following
Question
Correct Answer
Your Answer
Multiplexing
FDM
Modem
Bounded Media
Fiber optic cable
FDM
Wireless Transmission
Microwave
Microwave
Highest Attention
UTP cable
UTP cable

Multiple Choice Multiple Answer
Question
Operational features of Ethernet are:-
Correct Answer
10 mbps rate , CSMA/CD protocol , 500 meters length
Your Answer
10 mbps rate , CSMA/CD protocol , Star topology

Multiple Choice Single Answer
Question
The main functional difference between circuit switched digital networks (CSDN) and packet-switched digital network(PSDN)is
Correct Answer
That a CSDN establishes a permanent connection between two nodes where PSDN uses a virtual circuit
Your Answer
That a CSDN establishes a permanent connection between two nodes where PSDN uses a virtual circuit

Multiple Choice Single Answer
Question
Frame Relay operates at :-
Correct Answer
Physical and data link layer
Your Answer
Data Link layer

Multiple Choice Multiple Answer
Question
HDLC supports :-
Correct Answer
Half duplex communication , Full duplex communication , ARQ mechanisms
Your Answer
Half duplex communication , ARQ mechanisms , Pipelining

Select The Blank
Question
The ________ layer is responsible for host-to-host delivery.
Correct Answer
Network
Your Answer
Data link

True/False
Question
Frame Relay is a virtual circuit network.
Correct Answer
True
Your Answer
False

True/False
Question
For connecting several LANs, backbone networks are used.
Correct Answer
True
Your Answer
True

True/False
Question
The session layer takes the communication service of the transport layer and adds application -oriented functions.
Correct Answer
True
Your Answer
True

Multiple Choice Multiple Answer
Question
The physical path in ATM is :-
Correct Answer
Physical connection between two switches , Connection between an end point and a switch , Used for data transfer
Your Answer
Physical connection between two switches , Used to connect switches , Used for data transfer

Select The Blank
Question
In Base T4 Ethernet ________ line coding is used.
Correct Answer
8B /6T
Your Answer
8B /10B

Multiple Choice Multiple Answer
Question
Channelization protocols are :-
Correct Answer
TDMA , CDMA , FDMA
Your Answer
CDMA , CSMA/CD protocol

Select The Blank
Question
Error control is________.
Correct Answer
Error detection and correction
Your Answer
Error detection and correction

Multiple Choice Multiple Answer
Question
The Types of error that Internet Control Message Protocol (ICMP) can handle are :-
Correct Answer
Destination unreachable , Source quench , Redirection
Your Answer
Destination unreachable , Redirection

Multiple Choice Multiple Answer
Question
The functions of ATM layers are :-
Correct Answer
Routing , Switching , Multiplexing
Your Answer
Routing , Switching , Bridging

Multiple Choice Single Answer
Question
Base band is :-
Correct Answer
Transmission of signals without modulation
Your Answer
Transmission of signals without modulation

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International Economics SCDL Assignment,SCDL Assignments on International Economics

International Economics SCDL Assignment
SCDL Assignments on International Economics

Multiple Choice Multiple Answer
Question
Objectives of the IMF
Correct Answer
Stability in the BOP , Stability in internal price level , Stability in the exchange rate
Your Answer
Stability in the exchange rate , Stability in the BOP , Stability in internal price level

True/False
Question
If production takes place at the optimum level price will be not be equal to the minimum average cost of production
Correct Answer
False
Your Answer
False

True/False
Question
In case of exports, agriculture has surpassed gems & jewellery in terms of a higher rate of increase, though lesser in absolute figure.
Correct Answer
True
Your Answer
True

Multiple Choice Multiple Answer
Question
Why is it so common to give protection to infant industry?
Correct Answer
Because the new firms are weak and vulnerable , Unless the conditions are conducive , expansion in output cannot be assured , To discourage the imports
Your Answer
Because the new firms are weak and vulnerable , Unless the conditions are conducive , expansion in output cannot be assured , To discourage the imports

Select The Blank
Question
Current account balance is important in determining nation's________
Correct Answer
External Investment position
Your Answer
Internal Investment position

True/False
Question
The reigns of policy formulation & operations of the World Bank are in the hands of the Board of Directors.
Correct Answer
False
Your Answer
False

True/False
Question
IMF or World Bank want trading counties to follow a uniform code of classification to emphasis their importance on the world economy.
Correct Answer
False
Your Answer
False

Select The Blank
Question
Under perfect competition same price for ________ will prevail in the product market and price of factors of production also will be same for same varieties
Correct Answer
Identical commodities
Your Answer
Identical commodities

Select The Blank
Question
________ hypothesis advocates globalisation, that it accelerates the country's growth process
Correct Answer
Convergence
Your Answer
Bhagwati

Multiple Choice Single Answer
Question
In case of tangency between price ration & production possibility cure - post Globalisation - is achieved at a parallel but lower level, then it shows that …
Correct Answer
Production capabilities of both the goods have declined
Your Answer
The commodity prices have declined

Multiple Choice Single Answer
Question
Apart from the gold or foreign curreny, the quota that each country had to pay was based on ..
Correct Answer
Size of GDP
Your Answer
Size of GDP

Multiple Choice Multiple Answer
Question
Balance of payment includes …
Correct Answer
Current Account , Capital Account , Reserve Movements
Your Answer
Current Account , Capital Account , Reserve Movements

True/False
Question
Production equilibrium is realised at the point of tangency between the production possibility curve and factor price ratio.
Correct Answer
True
Your Answer
True

Match The Following
Question
Correct Answer
Your Answer
REGULATOR FOR INSURANCE SECTOR
EFFECTIVE WATCH DOG
EFFECTIVE WATCH DOG
HOLDING COMPANY &FOUR SUBSIDIARIES.
GIC & New india,united,oriental,national
GIC & New india,united,oriental,national
THE POTENTIAL &SCOPE WHICH IS STILL UNDER TAPPED
PERSONAL LINE OF INSURANCE & HEALTH CARE AREA.
PERSONAL LINE OF INSURANCE & HEALTH CARE AREA.
RECENT DEVELOPMENT BY GOVT OF INDIA
SET UP AN AGRICULTURE INSURANCE COMPANY OF INDIA.
SET UP AN AGRICULTURE INSURANCE COMPANY OF INDIA.

Multiple Choice Multiple Answer
Question
Why is it that factor price equalization is not found frequently in countries?
Correct Answer
Presence of factor cost
Your Answer
Presence of factor cost , There is no perfect competition in the market , In absence of commodity price equalization factors cannot move towards equality

True/False
Question
The inception of WTO dates back to 1995
Correct Answer
True
Your Answer
True

True/False
Question
In multiversion scheme to ensure serailizibility it is necessary that a transaction should be able to determine easily and quickly which version of the data item should be read.
Correct Answer
True
Your Answer
True

Multiple Choice Single Answer
Question
What was the main reason for rise in price during 1970's?
Correct Answer
rise in petroleum prices
Your Answer
rise in petroleum prices

Multiple Choice Single Answer
Question
Globalisation started taking root in the world economy since the
Correct Answer
Eighties
Your Answer
Seventies

Multiple Choice Single Answer
Question
When a particular transaction never makes progress because the data item it wants to lock is already locked and other transaction are also waiting for the same data item then it is said to be
Correct Answer
Starvation
Your Answer
Alive Lock

True/False
Question
Wait-die scheme is based on preemptive technique.
Correct Answer
False
Your Answer
True

Multiple Choice Single Answer
Question
According to the Absolute advantage theory why will there be any kind of difference in cost of the same product in two countries?
Correct Answer
Due to productivity
Your Answer
Lack of technology

Multiple Choice Multiple Answer
Question
What are the problems being faced by the developing countries due to reduced trade barriers?
Correct Answer
entering of giants in the market , stiff competition to the local trades
Your Answer
entering of giants in the market , stiff competition to the local trades , Demand sensitivity of the product

True/False
Question
Developed countries come closer through trade because consumption patterns are know to each other
Correct Answer
True
Your Answer
True

Multiple Choice Single Answer
Question
What is reason behind many Latin American and African countries forming a union?
Correct Answer
These countries have put a common front against the imperial power
Your Answer
These countries have put a common front against the imperial power

True/False
Question
Wound wait and wait die schemes avoids starvation.
Correct Answer
True
Your Answer
True

Multiple Choice Single Answer
Question
A transaction may release locks, but may not obtain any new locks this phase is called as
Correct Answer
Shrinking Phase
Your Answer
Growing phase

Match The Following
Question
Correct Answer
Your Answer
Real protection
An industry takes into account the higher prices a producer has to pay on imported inputs owing to imposition of tariffs
The proportion of total costs accounted for by imported inputs
Tariff barriers
Specific tariff
Specific tariff
Non Tariff barrier
Quotas
Quotas
Effective protection
The proportion of total costs accounted for by imported inputs
An industry takes into account the higher prices a producer has to pay on imported inputs owing to imposition of tariffs

Multiple Choice Multiple Answer
Question
Invisible Trade comprises …
Correct Answer
Travel & Transport , Insurance , Interest Payments
Your Answer
Travel & Transport , Insurance , Transfer Payments & Gifts

Multiple Choice Multiple Answer
Question
Identify the assumptions of H-O theory?
Correct Answer
Technology in both the country are same , Production function of a commodity is same
Your Answer
Technology in both the country are same , Efficiency in production , Production function of a commodity is same

Select The Blank
Question
Apart from international reserves, ________ also widens the monetary base of the central bank.
Correct Answer
Net domestic assets
Your Answer
Net domestic assets

True/False
Question
In case of multiple peg, the domestic currency changes propotionately to any change in exchange rates of nations of the basket
Correct Answer
False
Your Answer
True

Multiple Choice Single Answer
Question
The institutional aspect of reforms refer to
Correct Answer
It's proper & effective implementation
Your Answer
Working beyong bureacratic compliance

Multiple Choice Multiple Answer
Question
Why is tariff imposed?
Correct Answer
Because it is the major source of revenue , To attain self-sufficiency in the country , To give protection to the domestic countries
Your Answer
Because it is the major source of revenue , To attain self-sufficiency in the country , To give protection to the domestic countries

Multiple Choice Multiple Answer
Question
What are the main highlights of Product life cycle?
Correct Answer
These are normally labor scarce countries , Producers use more capital than labor , Money is spent in research and development to innovate new ways of using capital intensive technique
Your Answer
These are normally labor scarce countries , Producers use more capital than labor , Money is spent in research and development to innovate new ways of using capital intensive technique

Multiple Choice Single Answer
Question
Day to day functioning & policy implementation of the IMF are the responsibilities of the
Correct Answer
Executive Directors
Your Answer
Executive Directors

Multiple Choice Single Answer
Question
The rate of increase in the India's trade deficit as seen is highest in the year -
Correct Answer
1998-99
Your Answer
1998-99

Multiple Choice Single Answer
Question
Does a big population mean a big labor force?
Correct Answer
It is always compared in relation to the other factors
Your Answer
It is always in comparison with capital

Select The Blank
Question
Due to Export Subsidy selling price abroad ________ the home market price
Correct Answer
Will be less than
Your Answer
Will be less than

True/False
Question
The AMS completely believed & worked on lines of poverty eradication & rural upliftment.
Correct Answer
False
Your Answer
True

Multiple Choice Multiple Answer
Question
How dose a country determine the imports and exports items of a particular country?
Correct Answer
By comparing hourly output per labor , The country with least average cost would be ideal
Your Answer
By comparing the labor capital ratio , By comparing hourly output per labor , The country with least average cost would be ideal

True/False
Question
According to SITC codification scheme, in the import or the export list, any food item was given the code 00 & crude petroleum was given 03.
Correct Answer
False
Your Answer
True

Multiple Choice Single Answer
Question
Pegged Exchange rate was initially advocated by
Correct Answer
IMF
Your Answer
IMF

Select The Blank
Question
Complete specialization would mean that a country will produce only one product and ________ production for other products.
Correct Answer
exchange surplus
Your Answer
exchange surplus

Select The Blank
Question
Pegged Exchange Rate came to be known as ________.
Correct Answer
Official Exchange Rate
Your Answer
Official Exchange Rate

Select The Blank
Question
________was introduced by the IMF in 1967
Correct Answer
SDR
Your Answer
SDR

Select The Blank
Question
The main obsticle experienced in tha way of regional blocks is that after growing for 10-15 years ________ reaches a plateau
Correct Answer
internal trade expansion
Your Answer
internal trade expansion

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LIST OF ATTEMPTED QUESTIONS AND ANSWERS

Select The Blank
Question The basic advantage of having an agent in the export market is ________.
Correct Answer He is knowledgeable of the marketing condition
Your Answer He is knowledgeable of the marketing condition

Multiple Choice Multiple Answer
Question How does the customer know about the product & is influenced to buy it?
Correct Answer Publicity , Advertising , Sales promotion
Your Answer Publicity , Advertising , Sales promotion

Multiple Choice Single Answer
Question Which of the following is not included in foreign environment?
Correct Answer Local dimension
Your Answer Local dimension

Multiple Choice Single Answer
Question Why should a market researcher check a country's import tariffs when he is investigating it as an export market?
Correct Answer It can affect the competitiveness of product against products made within the market
Your Answer It can affect the competitiveness of product against products made within the market

Multiple Choice Multiple Answer
Question This question is based on the case study "Oriental Silk Pvt. Ltd.". What are the distribution channels used for imports of silk products into USA market?
Correct Answer Merchant intermediaries , Departmental stores
Your Answer Merchant intermediaries , Departmental stores

True/False
Question This question is based on the case study "Oriental Silk Pvt. Ltd.". Oriental entered the US market in 1970 with a moderate export of Rs.20 million.
Correct Answer False
Your Answer False

Match The Following
Question Correct Answer Your Answer

Indirect exporting Home-based merchant Copyright

Business dimensions Channel network Channel network

Legal dimensions Copyright Use of patent

Licensing arrangement Use of patent Home-based merchant


Multiple Choice Single Answer
Question What is important to take pricing decision?
Correct Answer Competition
Your Answer Competition

Select The Blank
Question In ________, the firm faces only one set of customers.
Correct Answer Domestic marketing
Your Answer Domestic marketing

Multiple Choice Multiple Answer
Question This question is based on the case study "Oriental Silk Pvt. Ltd.". Oriental was an active member of some councils, which are those?
Correct Answer Apparel Export Promotion Council , Woolen Export Promotion Council
Your Answer Apparel Export Promotion Council , Woolen Export Promotion Council

Multiple Choice Single Answer
Question This question is based on the case study 'AB Enterprises'. What is the problem in adapting AB Enterprises product in the market?
Correct Answer Novelty is lost due to ethnic character in AB Enterprises
Your Answer Novelty is lost due to ethnic character in AB Enterprises

Multiple Choice Multiple Answer
Question What are the important infrastructure factors in evaluating production site?
Correct Answer Industrial site , Transportation & communication
Your Answer Industrial site , Transportation & communication

Multiple Choice Multiple Answer
Question This question is based on the case study "Oriental Silk Pvt. Ltd.". Which are the two years the imports of silk fabrics from Japan by USA was almost same?
Correct Answer 1982 , 1983
Your Answer 1982 , 1983

Select The Blank
Question ________dimensions include customs and practices
Correct Answer Business
Your Answer Business

Multiple Choice Multiple Answer
Question What is the nature of direct export market?
Correct Answer Concentrated , Large potential sale
Your Answer Concentrated , Large potential sale

Multiple Choice Single Answer
Question What does product-mix decision include?
Correct Answer Packaging
Your Answer Packaging

Multiple Choice Multiple Answer
Question What are the internal sources of information?
Correct Answer Sales record , Correspondence from salesmen
Your Answer Sales record , Correspondence from salesmen

True/False
Question This question is based on the case study "Oriental Silk Pvt. Ltd.". Mr.Patnaik felt that it was high time that he appraises his agents' performance relating to the vast & expanding US market.
Correct Answer True
Your Answer True

Multiple Choice Multiple Answer
Question This question is based on the case study "Oriental Silk Pvt. Ltd.". What were the options Mr.Patnaik had to operate in the US market?
Correct Answer Opening a branch office , A subsidiary company
Your Answer Opening a branch office , A subsidiary company

Select The Blank
Question In indirect export channel, the market is ________.
Correct Answer Dispersed
Your Answer Dispersed

True/False
Question Strategies suggested in the Medium Term Export Plan include product-market penetration strategy for existing products, product-market, diversification for new products & new markets.
Correct Answer True
Your Answer True

Multiple Choice Multiple Answer
Question Why is packaging so important for product planning?
Correct Answer As it enhances protection , As it gives shelf life for a product
Your Answer As it enhances protection , As it gives shelf life for a product

True/False
Question If foreign retailers are used, the products in question are industrial products rather than consumer products.
Correct Answer False
Your Answer True

Multiple Choice Multiple Answer
Question How is the nature of international strategy?
Correct Answer Depends on company's objectives , Varies from country to country
Your Answer Depends on company's objectives , Varies from country to country

Select The Blank
Question "make site booking" is a point of checklist of ________
Correct Answer Before the fair
Your Answer Before the fair

Multiple Choice Single Answer
Question What marketing technique is used to know international marketing need?
Correct Answer Marketing information & research
Your Answer Marketing information & research

Multiple Choice Multiple Answer
Question What are the benefits of participation in trade fair?
Correct Answer To get to know about competition , To know about the extent of product adaption
Your Answer To get to know about competition , To know about the extent of product adaption

Select The Blank
Question Experience survey, which is also called as ________.
Correct Answer Key informant survey
Your Answer Key informant survey

Multiple Choice Single Answer
Question What is a foreign agent?
Correct Answer Independent middleman
Your Answer Independent middleman

Multiple Choice Single Answer
Question What does political environment include?
Correct Answer Legal dimension
Your Answer Legal dimension

Match The Following
Question Correct Answer Your Answer

External factor Competitive profile Competitive profile

Ethnocentric orientation Overseas operation conducted from home country Overseas operation conducted from home country

Polycentric orientation Each market is unique Each market is unique

Target market Marketing strategy Marketing strategy


True/False
Question In marginal cost pricing for export, competition in foreign markets requires quotation of a lower price
Correct Answer True
Your Answer True

True/False
Question Policies or regulations regarding quality control & inspection vary considerably between nations.
Correct Answer True
Your Answer True

Select The Blank
Question This question is based on the case study "Oriental Silk Pvt. Ltd.". Oriental Silk Private Limited, is a ________ unit, was one of the leading Indian manufacturers & exporters of silk fabrics & made-ups
Correct Answer 100% export oriented
Your Answer 100% export oriented

Select The Blank
Question This question is based on the case study "Oriental Silk Pvt. Ltd.". The bulk of the trade was handled by ________
Correct Answer Central buying organizations
Your Answer Foreign agents

True/False
Question If business is variable, the company will choose the purchasing or subcontracting alternatives.
Correct Answer True
Your Answer True

Multiple Choice Single Answer
Question What is the meaning of offshore purchasing?
Correct Answer Relationship between independent buyer & seller for exchange of good for money
Your Answer Relationship between independent buyer & seller for exchange of good for money

Select The Blank
Question Many companies modify their products/promotion strategies to suit ________ of the population of the different countries.
Correct Answer Tastes & preferences
Your Answer Tastes & preferences

True/False
Question Companies with smaller needs, an independent supplier will be less active.
Correct Answer False
Your Answer False

True/False
Question Catalogues contain a list of all competitors with product details.
Correct Answer False
Your Answer False

Multiple Choice Multiple Answer
Question What is correct according to geocentric orientation?
Correct Answer Companies view the entire world as a single market , Uniform inventory management & training
Your Answer Companies view the entire world as a single market , Uniform inventory management & training

True/False
Question The area of change relates to product adaption requires upgradation of technology and huge investment in brands.
Correct Answer True
Your Answer True

Select The Blank
Question This question is based on the case study "Chow Flowers Co. Ltd.". ________ was Thailand's second largest export market for artificial flowers, mostly polyester or hand-wrapped.
Correct Answer Canada
Your Answer Canada

Multiple Choice Single Answer
Question What are the similarities between domestic & international marketing?
Correct Answer Satisfying consumers need
Your Answer Satisfying consumers need

Multiple Choice Single Answer
Question What is the need of marketing research for export-import trade?
Correct Answer To reduce the distance between an exporter & his customers in terms of marketing
Your Answer To reduce the distance between an exporter & his customers in terms of marketing

Multiple Choice Single Answer
Question What is the avenue of entry into foreign markets?
Correct Answer Contract manufacturing
Your Answer Contract manufacturing


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SCDL Assignment On Cases in Operations Management

Multiple Choice Single Answer
Question
This Question refers to the case of 'Northern Machinery Limited' : The V.P. asked Material Manager to prepare short report to be presented to board of directors about :-
Correct Answer
Buying policies
Your Answer
Buying policies

Multiple Choice Multiple Answer
Question
This Question refers to the case of 'Northern Machinery Limited' : As per Materials Manager basis of awarding contract is :-
Correct Answer
Justified in each case , All Purchase orders above Rs. 10,000/- are counter signed by him , All Purchase orders above Rs. 50,000/- are signed by V.P.
Your Answer
Justified in each case , All Purchase orders above Rs. 10,000/- are counter signed by him , All Purchase orders above Rs. 50,000/- are signed by V.P.

True/False
Question
This Question refers to the case of 'K.T Gears' : The activities performed by the operator are listed on the practitioner's data sheet.
Correct Answer
True
Your Answer
True

Multiple Choice Single Answer
Question
This Question refers to the case of 'Divgi Metalwares Private Limited' : The company is manned by :-
Correct Answer
Professional managers
Your Answer
Professional managers

Multiple Choice Multiple Answer
Question
This Question refers to the case of 'The Irate Vendor' : The old supplier :-
Correct Answer
Has been supplying for over 30 years , Does not understand why he has been cut off , Does not understand why no chance has been given to him to discuss his bid
Your Answer
Has been supplying for over 30 years , Does not understand why he has been cut off , Does not understand why no chance has been given to him to discuss his bid

Multiple Choice Multiple Answer
Question
This question refers to case on 'Uma Tools Pvt Ltd (UTPL)' : While making Make or Buy decisions, Buy indicator includes following costs :-
Correct Answer
Raw material cost , Purchase cost , Fixed overhead cost
Your Answer
Raw material cost , Purchase cost

Multiple Choice Multiple Answer
Question
This Question refers to the case of 'Divgi Metalwares Private Limited' : As per the Activity description given in the table, Preparation of operational layout activity affects following activities :-
Correct Answer
Design and draft hobbing fixture , Procure plug gauge , Procure ring gauge
Your Answer
Design and draft hobbing fixture , Procure plug gauge , Procure ring gauge

True/False
Question
This question refers to case on 'Morbay Engineering Works (MEW)' : "It is difficult to install an incentive scheme and easy to withdraw when desired."
Correct Answer
False
Your Answer
False

Match The Following
Question
Correct Answer
Your Answer
Activity in CPM
Arrow
Circle
This question refers to case on 'Weldtech India Pvt Ltd (WIPL)' : Critical Path
Project duration
Project duration
CPM/PERT
Project planning/ scheduling technique
Project planning/ scheduling technique
Cost overrun
Delays in project
Delays in project

True/False
Question
This question refers to case on 'Morbay Engineering Works (MEW)' : Work sampling and production studies can be used to test viability of the performance standards.
Correct Answer
True
Your Answer
True

True/False
Question
This Question refers to the case of 'Eagle Machine Company' : The company buys a variety of material, ranging from a few ponds of rare metals to sizable quantities of sheet metal.
Correct Answer
True
Your Answer
True

Multiple Choice Single Answer
Question
This Question refers to the case 'Quality Gauges Pvt. Ltd.' : The scheme shall apply to :-
Correct Answer
Each and every employee
Your Answer
Each and every employee

Multiple Choice Multiple Answer
Question
This question refers to case on 'Morbay Engineering Works (MEW)' : An incentive plan can be considered as a tool for following:-
Correct Answer
Increase productivity , Create more capacity , Reduce manufacturing costs
Your Answer
Increase productivity , Create more capacity , Reduce manufacturing costs

Select The Blank
Question
This Question refers to the case of 'Kerson Automobiles' : Battery charger placed on one end of table creates ________.
Correct Answer
Nuisance
Your Answer
Nuisance

Multiple Choice Multiple Answer
Question
This Question refers to the case of 'The Irate Vendor' : The President's memorandum says :-
Correct Answer
We have treated this supplier unfairly , He would like to see if his complaint is justified , The Vendor's letter suggests that we do not have a policy on evaluating our vendors
Your Answer
We have treated this supplier unfairly , He would like to see if his complaint is justified , The Vendor's letter suggests that we do not have a policy on evaluating our vendors

Select The Blank
Question
This Question refers to the case 'Suyog Udyog' : Number of work stations are to be decided based on assumption that monthly off take is ________ numbers.
Correct Answer
8000
Your Answer
8000

Select The Blank
Question
This Question refers to the case of 'Universal Fasteners Ltd.' : Personnel Officer Mr. Sinha informed Mr. Kaul that Employee ________ is very high.
Correct Answer
Turnover
Your Answer
Turnover

Select The Blank
Question
This question refers to case on 'Morbay Engineering Works (MEW)' : In Scanlon Plan all employees receive guaranteed ________ wages.
Correct Answer
Time
Your Answer
Time

Select The Blank
Question
This question refers to 'Automotive Gears Private Limited' : The case study requires calculation of set up ________ for the job.
Correct Answer
Cost
Your Answer
Cost

Multiple Choice Multiple Answer
Question
This question refer to the case on "Allied Industries Pvt Ltd" : Variable cost consists of the following :-
Correct Answer
Cost of a pair thread roll , Regrinding charges on thread roll , Power cost
Your Answer
Cost of a pair thread roll , Regrinding charges on thread roll , Power cost

True/False
Question
This Question refers to the case 'Quality Gauges Pvt. Ltd.' : The executives were entitled for incentive bonus.
Correct Answer
True
Your Answer
True

Select The Blank
Question
This Question refers to the case 'Indus Foundries Ltd.' : Projected turnover in the first year itself is over ________ crore rupees.
Correct Answer
20
Your Answer
20

Select The Blank
Question
This question refers to case on 'Weldtech India Pvt Ltd (WIPL)' : In order to save time in construction the management purchased a ________.
Correct Answer
Factory-building
Your Answer
Factory-building

Multiple Choice Single Answer
Question
This question refers to case on 'Uma Tools Pvt Ltd (UTPL)' : One of the following is not a variable overhead:-
Correct Answer
Space
Your Answer
Cutting oil

True/False
Question
This question refers to case on 'Uma Tools Pvt Ltd (UTPL)' : It is economical to continue subcontracting the machining of Exhaust Manifold to vendors.
Correct Answer
False
Your Answer
False

Select The Blank
Question
This Question refers to the case of 'Classic Engineering Components Ltd.' : Mr. Sen observed that the Machine Shop was looking ________.
Correct Answer
Congested
Your Answer
Congested

Multiple Choice Multiple Answer
Question
This Question refers to the case of 'Artwood Products' : The cost of manufacturing has increased due to :-
Correct Answer
Blockage of funds in inventory , Longer manufacturing cycle time , Poor quality of products
Your Answer
Blockage of funds in inventory , Longer manufacturing cycle time , Poor quality of products

Multiple Choice Multiple Answer
Question
This Question refers to the case of 'The Geer Company' : Problems got created due to :-
Correct Answer
Added work load in purchasing , Divided buying responsibilities , Number of inexperienced buyers
Your Answer
Added work load in purchasing , Divided buying responsibilities , Number of inexperienced buyers

Multiple Choice Single Answer
Question
This Question refers to the case of 'Universal Fasteners Ltd.' : During the meeting with G.M (Mr. Kaul) Store Keeper Mr. Bapat informed that purchases were made from :-
Correct Answer
Several sources
Your Answer
Several sources

Multiple Choice Single Answer
Question
This Question refers to the case 'Quality Gauges Pvt. Ltd.' : With the introduction of the scheme :-
Correct Answer
The sales picked up
Your Answer
The sales picked up

Multiple Choice Single Answer
Question
This Question refers to the case of 'Northern Machinery Limited' : The V.P. informed the Material Manager that the anonymous letter was received by :-
Correct Answer
M.D.
Your Answer
M.D., with copy to all the directors

Multiple Choice Single Answer
Question
This Question refers to the case of Narmada Electricals Ltd.: In the existing method, the scarp generated in processes like machining was stored in :-
Correct Answer
Scrap yard
Your Answer
Scrap yard

Multiple Choice Single Answer
Question
This question refers to case on 'Uma Tools Pvt Ltd (UTPL)' : This case is on make-buy decision for an item. Name of that item is one of the below :-
Correct Answer
Exhaust Manifold
Your Answer
Exhaust Manifold

True/False
Question
This question refers to the case of 'Northern Machinery Ltd' : The company's suppliers are of all sizes and scattered across the country.
Correct Answer
True
Your Answer
True

Select The Blank
Question
This Question refers to the case of 'Hansa Tractomotive Ltd.' : Enroute to Delhi, the truck collided with an incoming ________.
Correct Answer
Tractor Trailer
Your Answer
Tractor Trailer

Multiple Choice Multiple Answer
Question
This Question refers to the case of 'Classic Engineering Components Ltd.' : The company supplies components to :-
Correct Answer
Automobile industries , Printing machines , Machine tool & process equipment industries
Your Answer
Automobile industries , Printing machines , Machine tool & process equipment industries

Multiple Choice Multiple Answer
Question
This question refers to case on 'Weldtech India Pvt Ltd (WIPL)' : Following are the activities involved in employee selection for WIPL :-
Correct Answer
Release of advertisement , Finalize job profile , Selecting candidates
Your Answer
Release of advertisement , Selecting candidates

Multiple Choice Single Answer
Question
This question refers to case on 'Weldtech India Pvt Ltd (WIPL)' : Use of Network Techniques beside computing project duration also helps in the following :-
Correct Answer
Possibilities of reducing project duration
Your Answer
Possibilities of reducing project duration

Multiple Choice Single Answer
Question
This Question refers to the case of 'Kerson Automobiles' :The option of shifting the workshop to another location at the outskirts of the city was shelved because :-
Correct Answer
Company was likely to lose business of spare parts and service of old cars
Your Answer
Company was likely to lose business of spare parts and service of old cars


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