SUCCESS ECONOMICS ACADEMY, MADURAI , , USE SEPARATE FORMAT FOR EACH KEY ANSWER DISPUTE

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1 USE SEPARATE FORMAT FOR EACH KEY ANSWER DISPUTE Teachers Recruitment Board College Road, Chennai Direct Recruitment for the Post of Post Graduate Assistants / Physical Education Directors - Grade-I, Name of the Candidate : Roll No.: Subject : paper serial code : A Qu esti Tentative key Candidate s Claim on answer No published by TRB 55 Consider the following statements: B C a) Public sector enterprises have Statement ( a) and (c) both are been categorized as maharatna, Navaratna and miniratna. b) The maharatna firms have been given freedom to take decisions on investment upto Rs.2000 crore. c) The Navratna status allows designated companies the freedom to take decisions on investment upto Rs.1000 crore. d) Miniratna relates to public secotor Enterprises that have made profits continuously for the last three years Of these: A) (a),(b) and (c) are correct B) (a),(c) and (d) are correct C) (b),(c) and (d) are correct D) All are correct. wrong So give mark for option A, B and C Source: Public sector enterprises not only categorized as maharatna, Navaratna and Miniratna..some more classification also given. Source: The CPSE can also decide on making investments up to Rs 5,000 crore without prior government approval

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4 Source: Ministries told to furnish PSU details for Maharatna status In an endeavour to streamline guidelines on Maharatna status for public sector undertakings by August this year, the Department of Public Enterprises (DPE) has asked different ministries to quickly furnish details, including last three years net profit, turnover and net worth, of Navratna companies under their administrative control. The quick action is called for to keep up with the promise made by heavy industry & public enterprises minister Vilasrao Deshmukh to prepare the guidelines within 100 days of the United Progressive Alliance taking oath for its second term on May 22, The ministries are asked to provide details like average turnover, average net worth and average net profit of concerned firms for the last three years, which will help in evolution of the selection criteria. The companies are also required to specify their key global operations, a note sent by the department stated. Officials in the ministries of petroleum & natural gas (P&NG) and power confirmed the receipt of the note. We have been asked to provide information about our companies, an official in the ministry of P&NG said. The Maharatna status will attach higher financial and administrative autonomy. For instance, the maximum limit of creating joint ventures is 30% of net worth for Navratna CPSEs at present. Once a CPSE is granted the Maharatna status, the limit will be enhanced to 50% of net worth. The CPSE can also decide on making investments up to Rs 5,000 crore without prior government approval, a senior official in the DPE said. There are 18 Navratna companies at the present, namely Bharat Heavy Electricals Ltd (Bhel), Bharat Petroleum Corp Ltd (BPCL), Coal India Ltd, Gail (India) Ltd, Hindustan Aeronautics Ltd (HAL), Indian Oil Corp (IOC), MTNL, NMDC, NTPC, Hindustan Petroleum Corp Ltd (HPCL), National Aluminium Company, ONGC, Power Finance Corp, Power Grid Corporation of India Ltd (PGCIL), Rural Electrification Corp (REC), Shipping Corporation of India, Steel Authority of India (SAIL) and Bharat Electronics Ltd.

5 PSUs like Bhel have been demanding more freedom to enable them take faster decisions. Major PSUs should be given more autonomy to take decisions on investment and resource mobilisation. Besides encouraging better performance, this will help them to tide over the current economic slowdown, PGCIL chairman & managing director SK Chaturvedi said. Seeking greater independence, nine (Bhel, HAL, BPCL, HPCL, SAIL, NMDC, PGCIL, REC and IOC) out of 18 Navratna firms are understood to have demanded Maharatna status from the government. Among these, SAIL earned the highest average net profit of Rs 6, crore in the last three years, while IOC made Rs 5,619.3 crore, NMDC Rs 3, crore and Bhel Rs 2,796 crore. The rest had earned under Rs 1,500 crore as average net profit during the period.

6 USE SEPARATE FORMAT FOR EACH KEY ANSWER DISPUTE Teachers Recruitment Board College Road, Chennai Direct Recruitment for the Post of Post Graduate Assistants / Physical Education Directors - Grade-I, Name of the Candidate : Roll No.: Subject : paper serial code : A No Tentative key Candidate s Claim answer published by TRB 56 Choose the functions of Finance Commission of India: a) Distributes the revenue b) Subsidies to states c) Grant-in-aid to states d) Loans to states Codes: A) (a),(b) and (c) are correct. B) (b),(c) and (d) are correct. C) (a),(c) and (c) are correct. D) (a),(b) and (d) are correct. C A Source: Book: Public Finance Author: R.K.Lekhi and Joginder Singh Page No.469 Book: public finance Author: M.P.Gurusamy Page No.372

9 USE SEPARATE FORMAT FOR EACH KEY ANSWER DISPUTE Teachers Recruitment Board College Road, Chennai Direct Recruitment for the Post of Post Graduate Assistants / Physical Education Directors - Grade-I, Name of the Candidate : Roll No.: Subject : paper serial code : A No Tentative key answer published Candidate s Claim by TRB 88 Which is correct regarding money supply? a) M1=Currency with C A public+demand deposits with banks b) M2=M1+Post office savings bank deposit c) M3=M1+time deposits with banks d) M4=M3+Deposits with post office savings organization including NSC Codes: A) (a),(b),(c), and (d) B) (b),(c), and (d) C) (a),(b) and (c) D) (a),(c), and (d) Source: Tamil Nadu government 12- economics text book Tamil medium Page No English Medium book Page No.232

12 USE SEPARATE FORMAT FOR EACH KEY ANSWER DISPUTE Teachers Recruitment Board College Road, Chennai Direct Recruitment for the Post of Post Graduate Assistants / Physical Education Directors - Grade-I, Name of the Candidate : Roll No.: Subject : paper serial code : A Tentative Candidate s Claim No key answer published by TRB 92 At MPP=W/P, functional relationship between amount of labour and real wage is: A) Positive B)Partial C) inverse D) None C A Book: Macro Economics Author: John Kennedy Page No:59

14 USE SEPARATE FORMAT FOR EACH KEY ANSWER DISPUTE Teachers Recruitment Board College Road, Chennai Direct Recruitment for the Post of Post Graduate Assistants / Physical Education Directors - Grade-I, Name of the Candidate : Roll No.: Subject : paper serial code : A Tentative Candidate s Claim No key answer published by TRB 94 Real Balance Effect:a a)eliminates dichotomy b)proves money is neutral c)causes inflation d)restores full employment codes: A) (a) and (d) B) (b) and (c) B) (a) and (c) D) (a) and (b) D A and D Except Option c all other options are correct (As per Macro Economics book Author: M.L.Jhingan Page No:282

16 USE SEPARATE FORMAT FOR EACH KEY ANSWER DISPUTE Teachers Recruitment Board College Road, Chennai Direct Recruitment for the Post of Post Graduate Assistants / Physical Education Directors - Grade-I, Name of the Candidate : Roll No.: Subject : paper serial code : A Tentative Candidate s Claim No key answer published by TRB 104 Choose the Correct Answer: IS-LM curve model is based on (a) The investment and demand function (b) The quantity of money (c) The supply function (d) The consumption function Codes: A) (a),(b) and (d) are correct B) (a),(b) and (c) are correct C) (b),(c) and (d) are correct D) All are correct A B Book: Macro Economics Author : M.L.Jhingan Page No: 397

CHAPTER-V HUMAN ASSET VALUATION METHODS OF SELECTED COMPANIES

CHAPTER-V HUMAN ASSET VALUATION METHODS OF SELECTED COMPANIES 5.1 INTRODUCATION This chapter presents a detailed benchmarking of the valuation model used to measure Human Assets by the selected companies