2014 Commerce KSET Paper 2

Ad

kset, kset 2022, kset exam date 2023, kset exam date 2022, kset 2023, kset question papers, kset notification 2022, kset syllabus, kset notification,
Q. The company which invests, produces, markets and operates across the world is called
(A) Global Company
(B) Multinational Company
(C) International Company
(D) Transnational Company
Ans = (D) Transnational Company


Q. The key drivers of globalisation are
(A) Govt. action, privatisation, cost and competition
(B) Cost advantages, economic cycles, Govt. action and competition
(C) Market convergence, exchange rates, cost advantages and socio-demographic factors
(D) Govt. policies, cost, market and competition
Ans = (D) Govt. policies, cost, market and competition


Q. Which one of the following should be considered as revenue expenditure?
(A) Rs. 1,000/-paid for erection of a new plant
(B) Cost of Rs. 10,000 incurred in increasing the sitting accommodation of a hotel
(C) Damages paid on account of breach of a contract to supply certain goods
(D) Repairs to second hand machinery purchased
Ans = (C) Damages paid on account of breach of a contract to supply certain goods


Q.. Which one of the following statements is incorrect?
(A) Share premium received on issue of shares can be utilized for writing off the preliminary expenses of the company
(B) Capital redemption reserve is available only for issuing fully paid bonus shares
(C) Discount on issue of shares is shown as a reduction from capital account in the balance sheet
(D) Right shares issued to the existing equity shareholders is called pre-emptive right
Ans = (C) Discount on issue of shares is shown as a reduction from capital account in the balance sheet

Q. The demand curve of a monopolist is
(A) Parallel to X-axis
(B) Parallel to Y-axis
(C) Slopes downwards from left to right
(D) Rises upward from left to right
Ans = (C) Slopes downwards from left to right

Q. If the point elasticity of demand is equal to one, the marginal revenue will be equal to
(A) Average Revenue
(B) Zero
(C) Positive
(D) Negative
Ans = (B) Zero

Q. "An ideal organisation to be bureaucracy, whole activities and objectives were rationally thought and whose divisions of labour were explicitly spelled out". Who considered the above statement?
(A) Chester I. Bernard
(B) Max Weber
(C) Henry Fayol
(D) Henry L. Gantt
Ans = (B) Max Weber

Q. The key elements of organisational behaviour are
(A) Motivation, direction and leadership
(B) Group of people who work interdependently
(C) People and their behaviour
(D) People, structure and technology
Ans = (D) People, structure and technology

Q. "Marketing is gardening". This is implied in
(A) The product concept
(B) The selling concept
(C) The marketing concept
(D) The holistic marketing concept
Ans = (C) The marketing concept

Q. Product Market Expansion grid was proposed by
(A) P. F. Drucker
(B) Michael Porter
(C) Ansoff
(D) Theodore Levitt
Ans = (C) Ansoff

__________@@@__________