Which of the following statement(s) is/are correct?
A. Planning is the initiating process in a democratic society and any plan of education must correspond to the ideals of a democratic philosophy
B. Planning is retrospective. It looks forward to see how things take shape and materialise
C. At the end of the activity, planning looks backward to see how for the desired results have been attainable and what limitations hindered their execution
D. All of the above
Answer: Option D
Which of the following statement(s) is/are correct about management?
A. Management is a universal phenomena
B. It is an umbrella term under which individual work together to achieve a common goal
C. It is an art and as well as science
D. All of the above
The term 'management' is coined from the . . . . . . . . word 'menage'.
A. Greek
B. French
C. Latin
D. Spanish
A. K. Kautilya
B. Rose, Randle Knoll
C. Gross and Crandal
D. Nickell and Dorsey
The primary goal of money management is
A. to maximise the return
B. to minimise the risk
C. to maximise the wealth of owners
D. to maximise profit

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