Correct Answer: Finance Commission

Solution : The correct option is the Finance Commission.

According to the Indian Constitution, the Finance Commission holds the status of a constitutional entity. with its primary responsibility being to provide recommendations regarding the allocation of financial resources between the central government and state governments. The Planning Commission is categorized as a statutory body.

Correct Answer: Acquiring funds for business operations and expansion
 

Solution : The correct answer is (b) Acquiring funds for business operations and expansion

Business finance involves acquiring the necessary funds and managing financial resources to support a company's day-to-day operations, projects, and future growth. It encompasses activities related to budgeting, financial forecasting, investment decisions, obtaining loans or equity, managing working capital, and overall financial planning to ensure the efficient use of financial resources for achieving the company's objectives.

Correct Answer: Reduced risk of fraud
 

Solution : The correct answer is (b) Reduced risk of fraud

The primary benefit of opening a demat account for trading securities is the reduced risk of fraud. A demat account holds your securities in an electronic or dematerialized form, eliminating the need for physical share certificates. This reduces the risk of theft, loss, forgery, or other fraudulent activities associated with paper-based securities. Additionally, dematerialization ensures that ownership and transactions related to securities are securely and accurately recorded, minimizing the risk of fraud and providing a more secure and efficient way to hold and trade securities.

Correct Answer: NITI Aayog

Solution : The correct answer is NITI Aayog.

Established in 2015 by the NDA government, NITI Aayog replaced the Planning Commission. The NITI Aayog council includes all state chief ministers, Chief Ministers of Delhi and Puducherry, Lieutenant Governors of Union Territories and a vice-chairman appointed by the prime minister. NITI Aayog is an abbreviated form for National Institution for Transforming India and acts as the primary public policy think tank for the Indian government. Its role involves driving economic development, promoting cooperative federalism and shifting from bargaining federalism by engaging state governments in the economic policy-making process, employing a bottom-up approach.

Correct Answer: Reduced risk of fraud
 

Solution : The correct answer is (b) Reduced risk of fraud

The primary benefit of opening a demat account for trading securities is the reduced risk of fraud. A demat account holds your securities in an electronic or dematerialized form, eliminating the need for physical share certificates. This reduces the risk of theft, loss, forgery, or other fraudulent activities associated with paper-based securities. Additionally, dematerialization ensures that ownership and transactions related to securities are securely and accurately recorded, minimizing the risk of fraud and providing a more secure and efficient way to hold and trade securities.

Correct Answer: Measurable and specific goals

Solution : The correct answer is (c) Measurable and specific goals

Measurable and specific goals is a key characteristic of effective planning. Goals should be clear, specific, and measurable to provide a concrete target for the organization. Measurable goals allow for tracking progress and assessing the success of the plan.

In summary, ABC Educational Institute should consider setting measurable and specific goals as a characteristic of effective planning. This ensures clarity, accountability, and the ability to assess progress toward the desired outcomes.

Correct Answer: Primary market
 

Solution : The correct answer is (a) Primary market

When JKL Ltd. considers issuing bonds to finance the acquisition of the AI startup, the type of market activity associated with this action is Primary market. In the primary market, new securities such as bonds or stocks are issued and sold for the first time, directly by the issuing company or entity to investors. JKL Ltd. would be initiating this process by offering bonds to raise capital specifically for funding the acquisition, making it a primary market activity.

Correct Answer: Cotton, maize, and paddy

Solution : The correct option is the fourth option.

Explanation:
The passage explicitly mentions the impressive growth in yields of paddy, maize, and cotton in Telangana. It highlights the significant increase in production percentages for these crops, indicating their importance in the state's agricultural output.

Correct Answer: Selection
  

Solution : The correct answer is (b) Selection

When the HR department at XYZ Ltd. plans to use group discussions and interviews to assess candidates' communication skills and teamwork abilities, it represents the selection aspect of staffing. The selection process involves evaluating candidates to determine their suitability for specific roles within the organization. Group discussions and interviews are common methods used during the selection phase to assess various attributes, including communication skills and the ability to work effectively in a team. These assessments help in making informed decisions about which candidates are the best fit for the positions they are applying for.

Correct Answer: Both assertion and reason are correct, and the reason explains the assertion.
 

Solution : The correct answer is (a) Both assertion and reason are correct, and the reason explains the assertion.

The assertion is correct. These management functions are closely connected and often overlap in practice. Effective management requires the seamless integration of these functions.

The reason is also correct and effectively explains the assertion. Each of the management functions plays a unique role in the management process, and they work together to ensure the organization's goals are achieved.