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Ankaleshwar in India is known for the production of (a) Bauxite (b) Coal (c) Iron ore (d) Petroleum
5 32571Who among the following is the Chairman of Planning Commission in India ? (a) Finance Minister of India (b) Prime Minister of India (c) President of India (d) Home Minister of India
34 68515Which one of the following dynasties was ruling over North India at the time of Alexander?s invasion? (a) Nanda (b) Maurya (c) Sunga (d) Kanva
3 15202As per the Indian Protocol, who among the following ranks highest in the order of precedence ? (a) Deputy Prime Minister (b) Former President (c) Government of a State within his State (d) Speaker of Lok Sabha
4 21883The most significant contribution of the Karachi session of 1931 was the resolution it passed on: (a) poorna swaraj (b) the partition of the country (c) participation in the Round Table conference (d) fundamental rights and economic policy
1 14635The Parliament of India consists of (A) The Lok Sabha and Rajya Sabha (B) The President, Lok Sabha and Rajya Sabha (C) The Lok Sabha, Prime Minister and Speaker (D) None of these
9 57515The Indian Civil Service was introduced during the time of (A) Lord Cornwallis (B) Lord Canning (C) Lord Curzon (D) Lord Dalhousie
10 50281The Rajya Sabha is: (a) dissolved once in two years (b) dissolved after every four years (c) adjourned every six months (d) not subject to dissolution
2 11174Can the Rajya Sabha be dissolved by the President? (a) Yes (b) No (c) At any time he likes (d) Sometimes
3 11669The President of India addresses his resignation letter to the: (A) Prime Minister (B) Vice President (C) Chief Justice of India (D) Speaker of the Lok Sabha
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2. A budgeted profit statement of a company working at 75% capacity is provided to you 2 below, Sales 9,000 units at Rs. 32 Rs. 2,88,000 Less: Direct materials Rs. 54,000 Direct wages 72,000 Production overhead: fixed 42,000 variable 18,000 1,86,000 Gross profit 1,02,000 Less: Administration, selling and distribution costs: fixed 36,000 varying with sales volume 27,000 63,000 Net profit 39,000 You are required to: (a) Calculate the breakeven point in units and in value. (b) It has been estimated that: (i) if the selling price per unit were reduced to Rs. 28, the increased demand would utilise 90% of the company's capacity without any additional advertising expenditure, and (ii) to attract sufficient demand to utilise full capacity would require a 15% reduction in the current selling price and a Rs. 5,000 special advertising campaign. You are required to present a statement showing the effect of the two alternatives compared with the original budget and to advise management which of the three possible plans ought to be adopted, i.e., the original budget plan or (i) above or (ii) above. (c) An independent market research study shows that by spending Rs. 15,000 on a special advertising campaign, the company could operate at full capacity and maintain the selling price at Rs. 32 per unit. You are required to: (i) Advise management whether this proposal should be adopted.
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