Assuming in your business, the cost per order for your product is N4,000 Naira and its carrying cost is N400 Naira per unit per annum. Your business has a demand for 20,000 units per year. Calculate the Order size, Total Orders required during a year, total carrying cost & total ordering cost for the year.

Which of the following is not a primary function of a Bank?

A. Granting Loans

B. Collecting Cheques/Drafts customers

C. Facilitating import of goods

D. Issuing Bank Drafts

Though ULIPs (Unit Linked Insurance Plan) are considered to be a better investment vehicle it has failed to capture the imagination of the retail investors in India because of which of the following reasons?

A. Regulatory jurisdictional fight between SEBI and IRDA

B. They don’t offer better tax benefits

C. They offer lesser returns compared to traditional insurance policies

D. All of the above

The Chameli Devi Jain Award is given for an outstanding woman ____?

A. Scientist

B. Reporter

C. Player

D. Teacher

HDFC bank has been named among 50 most valuable banks in 2014. It has got 45th rank. Wells Fargo & Co. has got first rank in this list. This bank belongs to which country?

A. UK

B. France

C. European Union

D. USA