Question : Assertion: Policies provide guidelines for decision-making in specific situations.

Reason: Policies are general and do not cover specific situations.

Option 1:

Both assertion and reason are correct, and the reason is a correct explanation.

 

Option 2: Both assertion and reason are correct, and the reason is not correct explanation.    

Option 3: Assertion is false, but the reason is correct.

  

Option 4: Assertion is correct, but the reason is false.

Question : Assertion (A): Money as a medium of exchange, has overcome the problem of lack of double coincidence under the C-C economy.

Reason (R): Currency has a general acceptance which makes it convenient to use and has segregated buying and selling activities.

Question : Assertion (A): Literacy is a part of education, which is a more general idea.
Reason (R): If a person can read and write in any language, they are said to be literate. A person is considered educated if he or she can work and make a living.

Question : Which of the following statement is correct?
Statement 1: If the number of buyers is large then it is better to take the services of middleman for the distribution of the goods.
Statement 2: Buyers can  be of two types general buyers and industrial buyers.

Question : The principles are guidelines to actions but do not provide readymade solutions to all managerial problems. The given statement tells about which nature of principles of management?

Question : Which of the following statement is correct?
Statement 1: Under offer for sale the company issues a prospectus and invite the general public to purchase shares or debentures.
Statement 2: Under private placement the company sells security to the institutional