16: With reference to 'Quality Council of India (QCI)', consider the following statements:
1. QCI was set up jointly by the Government of India and the Indian Industry.
2. Chairman of QCI is appointed by the Prime Minister on the recommendations of the industry to the Government.
Which of the above statements is/are correct?
(a) 1 only
(b) 2 only
(c) Both 1 and 2
(d) Neither 1 nor 2
17: Two stores A and B mark the price of an item identically. A allows 3 successive discounts of 10% each. B allows 10% discount on the list price and a subsequent discount of 19%. Under the circumstances, which of the following is true?
(a) The price of the article is cheaper at A.
(b) The price of the article is cheaper at B.
(c) The price of the article is same at A and B.
(d) The price cannot Toe determined.
18: Those who have binoculars can be members of 'Bird-watcher Club'. Some members of the club have cameras. Those who have cameras can take part in the photo exhibition. Which of the following conclusions can be drawn from the above statements?
(a) Only those who have cameras, are members of the club
(b) Only those who have binoculars can take part in the photo exhibition
(c) Those who participate in photo exhibition have binoculars
(d) Only some of the members of the club can take part in photo exhibition
19: The Narasimhan Committee for Financial sector Reforms has suggested reduction in
(a) SLR and CRR
(b) SLR ,CRR and priority Sector Financing
(c) SLR and Financing to capital goods sector
(d) CRR Priotity Sector Financing and financing to capital goods sector
20: Consider the following statements : Small scale industries are, in most cases, not as efficient and competitive as the large scale ones. Yet the Government provides preferential treatment and reservations in a range of products to the small firms because small scale industries
I. provide higher employment on a per unit capital deployment basis.
II. promote a regional dispersion of industries and economic activities.
III. have performed better in export of manufactured products than the large scale ones.
IV. provide jobs to low skill workers, who otherwise may not find employment avenues elsewhere.
Which of the above statements are correct ?
(a) I and IV
(b) I and II
(c) II and III
(d) III and IV