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Friends, Updating here the recollected questions from June 2016 Exams. Wish you all the very best for your exam.
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Meaning of valence in Vroom’s Expectancy Model
Valence is the value a person assigns to his desired reward
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Annual conpounded 8%. Find,
Quarterly effective ROI - 8/4 = 2%
Monthly effective ROI - 8/12 = 0.666%
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10% ROI : x amount will become quadruple in how many years.
In Simple Interest - 30 years
In Compound Interest - (7.2+7.2) = 14.4 years
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Difference between GDP and GNP
GDP = consumption + investment + (government spending) + (exports − imports).
GNP = GDP + NR (Net income inflow from assets abroad or Net Income Receipts) - NP (Net payment outflow to foreign assets).
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Wealth definition of economics given by - Adam Smith
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Definition of net working capital
Amount arranged by the enterprise through long term funds (either capital or borrowings) is called Net Working Capital.
Total current assets minus total current liabilities
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Quik ratio meaning
Quick ratio is calculated by dividing current assets (excluding inventory) by total current liabilities.
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CPs are issued by - Corporates
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360 degree appraisal
Under this appraisal system an employee is rated by people who are affected by the performance of the employee and have
adequate knowledge about his working and performance. The appraisal is generally done by the seniors, colleagues (peers), subordinates, suppliers, customers and all other stakeholders. It also includes the self-assessment by the employee himself.
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Revenue receipt and expenditure
Revenue deficit is the excess of revenue expenditure over revenue receipts
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Narrow Money (M1) is equal to Currency with the public plus Demand deposits with the banking system plus `Other’ deposits with the RBI.
Broad Money (M3) is equal M I plus Time deposits with the banking system
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