| Updated On - Nov 25, 2024
CUET Business Studies Question Paper 2024 (Set A) is available for download here. NTA conducted CUET 2024 Business Studies paper on 17 May in Shift 2A from 3 PM to 3:45 PM. CUET Business Studies Question Paper 2024 is based on objective-type questions (MCQs). Candidates get 45 minutes to solve 40 MCQs out of 50 in CUET 2024 question paper for Business Studies.
CUET Business Studies Question Paper 2024 (Set A) PDF Download
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CUET 2024 Business Studies Answer Key (Set A)
| Questions | Answers | Detailed Solution |
|---|---|---|
| Identify the Principle of Management where Taylor pioneered the introduction of the method of scientific inquiry into the domain of management practice. (1) Science, not rule of thumb (2) Harmony not discord (3) Cooperation, not individualism (4) Development of each and every person to the greatest efficiency and prosperity |
(1) Science, not rule of thumb | Taylor emphasized using scientific methods to find the best way to perform tasks. He advised for replacing the traditional "rule of thumb" methods with a scientific approach, which would improve efficiency. |
| Match List-I with List-II on the basis of Management Principles: List-I (A) Obedience to organizational rules (B) Unity of direction (C) Remuneration of employees (D) Discipline List-II (I) One boss for every individual employee (II) One head and one plan (III) Remuneration should be just and equitable (IV) Unity of command (1) (A) - (I), (B) - (II), (C) - (III), (D) - (IV) (2) (A) - (I), (B) - (III), (C) - (II), (D) - (IV) (3) (A) - (I), (B) - (II), (C) - (IV), (D) - (III) (4) (A) - (III), (B) - (IV), (C) - (I), (D) - (II) |
(3) (A) - (I), (B) - (II), (C) - (IV), (D) - (III) | (A) refers to unity of command, where each employee should receive orders from one boss. (B) unity of direction means having one head and one plan for a group of activities. (C) refers to just and equitable remuneration. (D) discipline relates to obedience and respect for organizational rules. |
| The aim of which technique given by F.W. Taylor is to reduce a given line or a product to fixed types, sizes, and characteristics? (1) Method study (2) Time study (3) Standardization of work (4) Functional foremanship |
(3) Standardization of work | Standardization in Taylor's principles aims to reduce variation in product types, sizes, and characteristics, ensuring uniformity and efficiency in production. |
| Match List-I with List-II on the basis of Management Principles: List-I (A) Employees turnover should be minimized (B) Emphasizes kindliness and justice (C) Chain of authority and communication from top to bottom (D) Promotes team spirit List-II (I) Stability of personnel (II) Equity (III) Scalar chain (IV) Espirit de corps (1) (A) - (I), (B) - (II), (C) - (III), (D) - (IV) (2) (A) - (I), (B) - (III), (C) - (II), (D) - (IV) (3) (A) - (I), (B) - (II), (C) - (IV), (D) - (III) (4) (A) - (III), (B) - (IV), (C) - (I), (D) - (II) |
(3) (A) - (I), (B) - (II), (C) - (IV), (D) - (III) | (A) refers to stability of personnel, reducing turnover. (B) emphasizes fairness and justice in equity. (C) is the scalar chain for proper communication. (D) is about building team spirit, or Espirit de corps. |
| Under which dimension of business environment is "Online Booking of Air Tickets" included? (1) Legal dimension (2) Economic dimension (3) Technical dimension (4) Social dimension |
(3) Technical dimension | Online booking of air tickets relates to advancements in technology, falling under the technical dimension of the business environment. |
| Which of the following is an example of economic environment? (1) Money supply in economy (2) Constitution of the country (3) Life expectancy (4) Population shifts |
(1) Money supply in the economy | The money supply is a critical aspect of the economic environment, affecting inflation, interest rates, and overall economic activity. |
| Which of the following is an example of legal environment? (1) Death/Birth Ratio (2) Trade Union Act (3) Prevailing Political System (4) Public Debt |
(2) Trade Union Act | The legal environment includes laws and regulations like the Trade Union Act, which governs labor relations and collective bargaining. |
| Which of the following does not characterize the business environment? (1) Inter-related (2) External forces (3) Market orientation and product (4) Relativity |
(3) Market orientation and product | The business environment is characterized by inter-related and external forces, but market orientation and product focus are internal strategic decisions. |
| Identify the correct sequence of steps under the Planning function: (A) Setting objectives (B) Identifying alternative courses of action (C) Developing premises (D) Evaluating alternative courses of action (1) (A), (B), (C), (D) (2) (A), (C), (B), (D) (3) (B), (A), (D), (C) (4) (C), (B), (D), (A) |
(2) (A), (C), (B), (D) | The correct sequence is setting objectives, developing premises, identifying alternatives, and then evaluating them. This reflects logical planning in organizations. |
| Identify the correct sequence of Selection process: (A) Selection decision (B) Employment interview (C) Selection tests (D) Reference checking (1) (A), (B), (C), (D) (2) (A), (C), (B), (D) (3) (B), (A), (D), (C) (4) (C), (B), (D), (A) |
(4) (C), (B), (D), (A) | The selection process usually begins with tests, followed by interviews, reference checks, and finally a decision. This helps in evaluating candidates effectively. |
| "It is a joint programme of training in which educational institutions and business firms cooperate." Identify the method of training. (1) Vestibule training (2) Apprenticeship training (3) Internship training (4) Job rotation |
(3) Internship training | Internship training involves cooperation between educational institutions and businesses to provide students with practical, on-the-job experience while they continue their formal education. It helps students gain insights into real-world work environments. |
| Match List-I with List-II on the basis of meaning and name of the concept: (A) Choosing the most appropriate candidate (B) Candidate is given an introduction to superiors (C) Learning the skills related to a job (D) Searching for prospective employees List-II: (I) Selection (II) Orientation (III) Recruitment (IV) Training (1) (A) - (I), (B) - (II), (C) - (III), (D) - (IV) (2) (A) - (I), (B) - (III), (C) - (II), (D) - (IV) (3) (A) - (I), (B) - (II), (C) - (IV), (D) - (III) (4) (A) - (III), (B) - (IV), (C) - (I), (D) - (II) |
(3) (A) - (I), (B) - (II), (C) - (IV), (D) - (III) | The correct matching is: (A) Choosing the candidate is Selection, (B) Introducing the candidate to superiors is Orientation, (C) Learning job skills is Training, and (D) Searching for employees is Recruitment. These are distinct HR processes. |
| Which of the following is a process of incitement or inducing subordinates to act in a desired manner to achieve organizational goals? (1) Motivation (2) Supervision (3) Leadership (4) Communication |
(1) Motivation | Motivation involves stimulating subordinates to act in a way that helps achieve organizational goals. It is about encouraging effort and dedication through incentives, recognition, or job satisfaction. |
| Find the correct sequence of needs as given by Maslow in his Need Hierarchy Theory. (A) Belongingness needs (B) Safety and Security needs (C) Self-actualization needs (D) Esteem needs (1) (A), (B), (C), (D) (2) (A), (C), (B), (D) (3) (B), (A), (D), (C) (4) (C), (B), (D), (A) |
(3) (B), (A), (D), (C) | Maslow's Hierarchy of Needs is arranged as follows: Safety and Security needs, followed by Belongingness needs, then Esteem needs, and finally Self-actualization needs. This theory explains human motivation in a hierarchical order. |
|
"________________ is a process of influencing the behavior of people by making them strive voluntarily towards the achievement of organizational goals." (1) Motivation |
(3) Leadership | Leadership involves influencing and guiding people toward the voluntary pursuit of organizational objectives. It includes setting a vision and encouraging others to follow and contribute to achieving shared goals. |
|
Which of the following is not a limitation of Controlling? (1) Costly affair |
(3) Ensure order and discipline | Controlling will ensure that there is an order and discipline within an organization-an advantage and not an limitation. Other options like high costs, employee resistance, and little control on external factors are valid limitations of controlling. |
|
Identify the correct sequence of the Controlling process: (1) (A), (B), (C), (D) |
(4) (C), (B), (D), (A) | The correct sequence of controlling starts with setting standards, measuring actual performance, comparing the results with standards, and finally analyzing deviations. This logical flow ensures performance evaluation and correction. |
| "Only a 5% increase in labor cost may be more troublesome than a 15% increase in postal charges." Identify the concept in the statement. (1) Deviation (2) Critical point control (3) Break-even analysis (4) Critical path method |
(2) Critical point control | Critical point control focuses on key areas that significantly impact the organization. A small variation in a critical area (like labor cost) is more concerning than a larger deviation in a less critical one (postal charges). |
|
Identify the function performed by Financial Market: "Holders of assets can readily sell their financial assets through the mechanism of the financial market." (1) Reduce the cost of transactions |
(2) Provide liquidity to financial assets | Financial markets provide liquidity, allowing investors to convert assets into cash easily. This is crucial for maintaining flexibility and reducing risks. |
|
If any of the parties are not satisfied by the order of ________________, they can appeal against such an order to the State Commission on the grounds of facts or law within a period of forty-five days from the date of the order. (1) District Commission |
(1) District Commission | Appeals from the District Commission can be made to the State Commission within 45 days, as per consumer protection law. |
|
Identify the importance of consumer protection: "Business organizations make money by selling goods and providing services to consumers. Thus, consumers form an important group among the many stakeholders of business, and like other stakeholders, their interest has to be well taken care of." (1) Moral justification |
(3) Social responsibility | The statement reflects the social responsibility of businesses to protect consumer interests since consumers are crucial stakeholders and contribute to business success. |
| Identify the Consumer Right: "The consumer has the freedom to access a variety of products at competitive prices. This implies that the marketers should offer a wide variety of products in terms of quality, brand, prices, size, etc." (1) Right to Safety (2) Right to Seek Redressal (3) Right to be Assured (4) Right to Consumer Education |
(3) Right to be Assured | The right to be assured ensures that consumers can choose from a variety of products at fair prices, enhancing market competition and consumer satisfaction. |
|
Identify the method of floatation in the Primary Market wherein a company sells securities en bloc at an agreed price to a broker. (1) Rights issue |
(2) Offer for sale | In an offer for sale, a company sells securities en bloc to a broker, who then sells them to the public. This method is different from issuing securities directly to investors. |
|
Match List-I with List-II on the basis of meaning and the term: (1) (A) - (I), (B) - (II), (C) - (III), (D) - (IV) |
(4) (A) - (III), (B) - (IV), (C) - (I), (D) - (II) | Authority is the right to command, responsibility is the obligation to perform tasks, accountability is answerability for outcomes, and delegation refers to transferring responsibility to subordinates. |
|
Identify the correct sequence of the Organizing function of management: (1) (A), (B), (C), (D) |
(4) (C), (B), (D), (A) | The organizing function begins with identifying and dividing work, then departmentalization, followed by assigning duties, and finally establishing authority relationships to ensure smooth functioning. |
| The formal organisation can be better understood by a study of its features which are as follows: (A) It specifies the relationships among various job positions and the nature of their interrelationship. (B) It is a means to achieve the objectives specified in the plans, as it lays down rules and procedures essential for their achievement. (C) Independent channels of communication without specified direction of flow of information are developed by group members. (D) It is deliberately designed by the top management to facilitate the smooth functioning of the organisation. Which of the following options are correct? (1) (A), (B) and (D) only (2) (A), (B) and (C) only (3) (A), (B), (C) and (D) (4) (B), (C) and (D) only |
(1) (A), (B) and (D) only | The formal organisation is defined by established relationships and rules among positions. While (A), (B), and (D) describe these features, (C) refers to informal communication, which is not a feature of the formal organisation. |
| The informal organisation offers many benefits. Important among them are given below: (A) Prescribed lines of communication are not followed. Thus, informal organisation leads to faster spread of information as well as quick feedback. (B) It helps to fulfil the social needs of the members and allows them to find like-minded people. This enhances their job satisfaction since it gives them a sense of belongingness in the organisation. (C) It contributes towards fulfilment of organisational objectives by compensating for inadequacies in the formal organisation. (D) Unity of command is maintained through an established chain of command. Choose the correct answer: (1) (A), (B) and (D) only (2) (A), (B) and (C) only (3) (A), (B), (C) and (D) (4) (B), (C) and (D) only |
(2) (A), (B) and (C) only | Informal organisation helps in faster communication, social needs fulfilment, and supports organisational objectives. However, unity of command is a principle of formal organisation, not informal organisation. |
| Identify the correct sequence of trading settlement procedure: (A) The investor has to sign a broker-client agreement. (B) The investor has to open a 'Demat' Account. (C) An order confirmation slip is issued to the investor by the broker. (D) The broker will then go online and connect to the main stock exchange. Choose the correct answer: (1) (A), (B), (C), (D) (2) (A), (C), (B), (D) (3) (B), (A), (D), (C) (4) (C), (B), (D), (A) |
(1) (A), (B), (C), (D) | The correct sequence starts with signing a broker-client agreement, opening a Demat account, receiving an order confirmation, and finally, the broker connects to the stock exchange for the trade. |
| The market where existing securities are bought and sold is known as: (1) Primary market (2) Secondary market (3) Capital market (4) Financial market |
(2) Secondary market | The secondary market is where existing securities are traded between investors, unlike the primary market, where new securities are issued. |
| Qualities of successful entrepreneur do not include: (1) Initiative (2) Self-confidence (3) Risk avoider (4) Wealth creators |
(3) Risk avoider | Entrepreneurs typically embrace risk to achieve their goals. Avoiding risk is not a characteristic of a successful entrepreneur, while qualities like initiative, self-confidence, and wealth creation are essential. |
| Identify the function performed by SEBI: "It controls insider trading, takeover bids, and imposes penalties for such practices." (1) Protective functions (2) Regulatory functions (3) Developmental functions (4) Preventive functions |
(2) Regulatory functions | SEBI performs regulatory functions such as controlling insider trading and imposing penalties to ensure the smooth functioning of the securities market and protect investor interests. |
| Financial management aims at choosing the best investment and financing alternatives by focusing on their costs and benefits. Its objective is to: (1) Increase the shareholders' wealth (2) Decrease the shareholders' wealth (3) Increase the shareholders' capital (4) Decrease the shareholders' capital |
(1) Increase the shareholders' wealth | The primary objective of financial management is to increase shareholders' wealth by making investment and financing decisions that maximize returns relative to the risks involved. |
| A proper matching of funds requirements and their availability is sought to be achieved by: (1) Financial planning (2) Financial control (3) Capital budgeting (4) Investment decisions |
(1) Financial planning | Financial planning ensures that a company’s financial requirements are met through a proper allocation of funds, matching the needs and availability of resources. |
| Debt is ___ but is more ___ for a business because the payment of interest and the return of principal is obligatory for the business: (1) Cheaper, risky (2) Cheaper, safe (3) Expensive, risky (4) Expensive, safe |
(1) Cheaper, risky | Debt is generally cheaper than equity because interest payments are tax-deductible, but it is also riskier because businesses are obligated to make interest and principal payments regardless of their financial situation. |
| "Coordination unifies unrelated interests into purposeful work activity." Identify the nature of coordination: (1) Coordination is an all pervasive function (2) Coordination is a continuous process (3) Coordination ensures unity of action (4) Coordination integrates group efforts |
(4) Coordination integrates group efforts | Coordination brings together the efforts of individuals or groups to achieve a common organisational goal by integrating their activities. |
| Akash Industries has installed a waste recycling plant in its premises and does not dump their waste material anymore. This plant is providing employment to many people. Identify the objective of management which the company is achieving by doing the aforesaid activity: (1) Social objective (2) Economic objective (3) Personal objective (4) Growth |
(1) Social objective | By installing a waste recycling plant and employing people, Akash Industries is fulfilling its social responsibility by protecting the environment and providing employment opportunities. |
| "Management always works by keeping an end result or aim of the organisation. All activities of managers are directed towards the end result." From the above statement, identify the feature of management: (1) Management is multidimensional (2) Management is continuous (3) Management is intangible (4) Management is a goal-oriented process |
(4) Management is a goal-oriented process | Management is a goal-oriented process because every action taken by managers is aimed at achieving specific organisational goals. All activities are directed towards reaching the end result or objective of the organisation. |
| The key position of top-level management is: (1) Managing Director (2) Production Manager (3) Marketing Manager (4) Plant Supervisor |
(1) Managing Director | The Managing Director holds the key position in top-level management, responsible for the overall strategic direction and decision-making of the organisation. |
| Match List-I with List-II: List-I (A) Intelligence test (B) Aptitude test (C) Personality test (D) Trade test List-II (I) Indicator of a person’s capacity to develop (II) Clues to a person’s emotions, values, etc. (III) Measure existing skills of the individual (IV) Indicator of a person’s learning ability and ability to make judgements Choose the correct answer: (1) (A)-(I), (B)-(II), (C)-(III), (D)-(IV) (2) (A)-(IV), (B)-(I), (C)-(II), (D)-(III) (3) (A)-(IV), (B)-(III), (C)-(I), (D)-(II) (4) (A)-(I), (B)-(III), (C)-(IV), (D)-(II) |
(2) (A)-(IV), (B)-(I), (C)-(II), (D)-(III) | Intelligence tests measure a person’s learning ability and judgement (IV). Aptitude tests indicate a person’s capacity to develop (I). Personality tests reveal emotions and values (II). Trade tests evaluate existing skills (III). |
| Which of the following are advantages of functional structure of an organisation? (A) Leads to occupational specialisation. (B) Places less emphasis on organisational objectives. (C) Promotes coordination and control within a department. (D) Increases operational efficiency. Choose the correct answer: (1) (A), (B), and (C) only (2) (A) and (B) only (3) (A), (C), and (D) only (4) (C) and (D) only |
(3) (A), (C), and (D) only | The functional structure promotes occupational specialisation (A), enhances coordination within departments (C), and improves operational efficiency (D). However, it does not place less emphasis on organisational objectives. |
| "Just Foodie" is using various variables of Marketing Mix. Identify the variable used in the following statement: "To make their products available to customers at the right time, right place, they are also selling their products to grocery stores in addition to their own outlets." (1) Product (2) Price (3) Promotion (4) Physical distribution |
(4) Physical distribution | Physical distribution refers to the activities involved in making a product available to customers at the right time and place. In this case, "Just Foodie" is expanding its product availability through grocery stores in addition to its own outlets. |
| Identify the element of marketing mix in the following statement: "The taste, quality, and packing are given utmost care." (1) Product mix (2) Price mix (3) Promotion mix (4) Physical distribution mix |
(1) Product mix | Product mix refers to the features, quality, and packaging of the products offered by the company. In this case, "Just Foodie" is focusing on the product’s taste, quality, and packaging, which are elements of the product mix. |
| "They are able to charge higher prices than their competitors." Which element of the marketing mix is discussed in the statement? (1) Product mix (2) Price mix (3) Promotion mix (4) Physical distribution mix |
(2) Price mix | Price mix refers to the pricing strategies adopted by the company for its products. Since "Just Foodie" charges higher prices than its competitors due to better quality, it is an example of the price mix. |
| "To increase their sales, they are using different offers like: Free gifts, Cash backs, etc." Identify the marketing mix element from the above statement. (1) Product mix (2) Price mix (3) Promotion mix (4) Physical distribution mix |
(3) Promotion mix | Promotion mix refers to the communication strategies used to boost sales, such as discounts, offers, free gifts, and cash backs. These promotional tactics help attract customers and increase sales. |
| "To increase their sales, they are using different offers like: Free gifts, Cash backs, etc. They are offering discounts to customers on various occasions." Which tool of promotion mix is used in the given statement? (1) Advertisement (2) Sales promotion (3) Personal selling (4) Publicity |
(2) Sales promotion | Sales promotion refers to short-term incentives such as discounts, free gifts, and cash backs that are offered to customers to increase sales during specific occasions. |
| Identify the function of management highlighted in the above case: (1) Organising (2) Staffing (3) Directing (4) Planning |
(4) Planning | Planning is the function of management where objectives are set, and ways to achieve them are determined. In this case, Indian Oil's vision of expanding its operations and anticipating future needs reflects planning. |
| "If the goals are well defined, employees are aware of what the organisation has to do and what they must do to achieve those goals." Identify the significance of managerial function highlighted in this statement: (1) Facilitates decision making (2) Reduces overlapping and wasteful activities (3) Reduces risks of uncertainty (4) Provides direction |
(4) Provides direction | Providing direction is a key aspect of management. By defining goals clearly, employees are guided on what they must do to achieve the organisation's objectives, thus ensuring alignment of efforts. |
| "Changes or events cannot be eliminated, but they can be anticipated and managerial responses to them can be developed." Identify the significance of managerial function highlighted in this statement: (1) Provides direction (2) Reduces risks of uncertainty (3) Reduces overlapping and wasteful activities (4) Facilitates decision making |
(2) Reduces risks of uncertainty | Management helps reduce risks of uncertainty by anticipating changes and preparing appropriate responses, allowing the organisation to cope with challenges effectively. |
| "Policy formation serves as the basis of coordinating the activities and efforts of different divisions, departments and individuals. It helps in avoiding confusion and misunderstanding." Identify the significance of managerial function highlighted in this statement: (1) Facilitates decision making (2) Reduces risks of uncertainty (3) Provides direction (4) Reduces overlapping and wasteful activities |
(4) Reduces overlapping and wasteful activities | Policy formation helps to streamline activities and avoid confusion, thus reducing the risk of overlapping efforts and wasteful activities within an organisation. |
| "Manager can look into the future and make a choice from amongst various alternative courses of action." Identify the significance of managerial function highlighted in this statement: (1) Provides direction (2) Reduces risks of uncertainty (3) Reduces overlapping and wasteful activities (4) Facilitates decision making |
(4) Facilitates decision making | Managers evaluate different courses of action and make decisions based on their future implications, helping the organisation move towards its goals efficiently. |
CUET Questions
1. For the curve \( y(1 + x^2) = 2 - x \), if \(\frac{dy}{dx} = \frac{1}{A}\) at the point where the curve crosses the x-axis, then the value of \( A \) is:
For the curve \( y(1 + x^2) = 2 - x \), if \(\frac{dy}{dx} = \frac{1}{A}\) at the point where the curve crosses the x-axis, then the value of \( A \) is:
- 5
- -5
- -1
- 0
2. If \( y = e^{{2}\log_e t} \) and \( x = \log_3(e^{t^2}) \), then \( \frac{dy}{dx} \) is equal to:
If \( y = e^{{2}\log_e t} \) and \( x = \log_3(e^{t^2}) \), then \( \frac{dy}{dx} \) is equal to:
- \( \frac{1}{4t\sqrt{t}} \)
- \({2t^2} \)
- \( \frac{\log_e 3}{4t\sqrt{t}} \)
- \( \frac{2t^2}{e^{\frac{1}{2}\log_e t}} \)
3. David can row a boat in still water at the rate of 5 km/hr. He rowed in a river downstream to meet his friend. After returning back, he observed that the duration of the upstream journey was three times that of the downstream journey. The speed of the stream was:
David can row a boat in still water at the rate of 5 km/hr. He rowed in a river downstream to meet his friend. After returning back, he observed that the duration of the upstream journey was three times that of the downstream journey. The speed of the stream was:
- 2 km/hr
- 2.5 km/hr
- 3 km/hr
- 3.5 km/hr
4.
A furniture trader deals in tables and chairs. He has Rs. 75,000 to invest and a space to store at most 60 items. A table costs him Rs. 1,500 and a chair costs him Rs. 1,000. The trader earns a profit of Rs. 400 and Rs. 250 on a table and chair, respectively. Assuming that he can sell all the items that he can buy, which of the following is/are true for the above problem:
(A) Let the trader buy \( x \) tables and \( y \) chairs. Let \( Z \) denote the total profit. Thus, the mathematical formulation of the given problem is:
\[
Z = 400x + 250y,
\]
subject to constraints:
\[
x + y \leq 60, \quad 3x + 2y \leq 150, \quad x \geq 0, \quad y \geq 0.
\]
(B) The corner points of the feasible region are (0, 0), (50, 0), (30, 30), and (0, 60).
(C) Maximum profit is Rs. 19,500 when trader purchases 60 chairs only.
(D) Maximum profit is Rs. 20,000 when trader purchases 50 tables only.
Choose the correct answer from the options given below:
A furniture trader deals in tables and chairs. He has Rs. 75,000 to invest and a space to store at most 60 items. A table costs him Rs. 1,500 and a chair costs him Rs. 1,000. The trader earns a profit of Rs. 400 and Rs. 250 on a table and chair, respectively. Assuming that he can sell all the items that he can buy, which of the following is/are true for the above problem:
(A) Let the trader buy \( x \) tables and \( y \) chairs. Let \( Z \) denote the total profit. Thus, the mathematical formulation of the given problem is:
\[ Z = 400x + 250y, \]
subject to constraints:
\[ x + y \leq 60, \quad 3x + 2y \leq 150, \quad x \geq 0, \quad y \geq 0. \]
(B) The corner points of the feasible region are (0, 0), (50, 0), (30, 30), and (0, 60).
(C) Maximum profit is Rs. 19,500 when trader purchases 60 chairs only.
(D) Maximum profit is Rs. 20,000 when trader purchases 50 tables only.
Choose the correct answer from the options given below:
- (A), (B), and (C) only
- (A), (B), and (D) only
- (B) and (C) only
- (B), (C), and (D) only
5. The cost of a machinery is ₹8,00,000. Its scrap value will be one-tenth of its original cost in 15 years. Using the linear method of depreciation, the book value of the machine at the end of the 10th year will be:
The cost of a machinery is ₹8,00,000. Its scrap value will be one-tenth of its original cost in 15 years. Using the linear method of depreciation, the book value of the machine at the end of the 10th year will be:
- ₹4,80,000
- ₹3,20,000
- ₹3,68,000
- ₹4,32,000
6. For predicting the straight-line trend in the sales of washing machines (in thousands) on the basis of 8 consecutive years' data, the company calculates 4-year moving averages. If the sales of washing machines for respective years are \( a, b, c, d, e, f, g, \) and \( h \), then which of the following averages will be computed?
(A) \( \frac{a + b + c + d}{4} \)
(B) \( \frac{a + c + d + e}{4} \)
(C) \( \frac{c + d + f + h}{4} \)
(D) \( \frac{b + c + d + e}{4} \)
Choose the correct answer from the options given below:
For predicting the straight-line trend in the sales of washing machines (in thousands) on the basis of 8 consecutive years' data, the company calculates 4-year moving averages. If the sales of washing machines for respective years are \( a, b, c, d, e, f, g, \) and \( h \), then which of the following averages will be computed?
(A) \( \frac{a + b + c + d}{4} \)
(B) \( \frac{a + c + d + e}{4} \)
(C) \( \frac{c + d + f + h}{4} \)
(D) \( \frac{b + c + d + e}{4} \)
Choose the correct answer from the options given below:
(A) \( \frac{a + b + c + d}{4} \)
(B) \( \frac{a + c + d + e}{4} \)
(C) \( \frac{c + d + f + h}{4} \)
(D) \( \frac{b + c + d + e}{4} \)
Choose the correct answer from the options given below:
- (A), (B), and (D) only
- (A) and (D) only
- (C) and (D) only
- (B), (C), and (D) only
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