Which of the following are the features of PM Formalization of Micro Food Processing Enterprises Scheme?1. Adoption of One District One product Approach2. Focus on waste to wealth products and minor forest produce3. Credit-linked capital subsidy for setting new micro food processing units4. Focus on capacity building and researchSelect the correct answer:

Which of the following statements are true?
(1) Minor's contract can be ratified on attaining majority.
(2) Minor's contract cannot be ratified on attaining majority.
(3) Minor's contract can be ratified jointly by both the parties to the contract.
(4) Minor is not liable under minor's contract.
(5) Minor's contract is an enforceable contract.

A

1 and 3

B

5 and 2

C

2 and 4

D

2 and 3

E

3 and 4

You are working on a new project to develop a new wireless product with ease - of - use features recommended by customers. It is as yet undetermined which features and the extent to which each feature will be incorporated into the product.You have a focus group that will continue to evaluate the features as the project goes forward.The focus group is authorized to suggest changes, as are your engineers and the quality department.As a project manager, what will help you most to minimize the effect of these changes?

A

A change management plan

B

A scope management plan

C

Do not continue with the project until all of the features are clearly defined in the scope statement and scope definition.

D

This is an expected part of every project. A good project manager will have a communications plan in place to be sure everyone knows what is happening on the project.

Arrange the following steps of 'adjustment of old partners' capital on the basis of incoming partner's capital in a correct order.
1. Ascertain the present capital of the old partners.
2. Calculation of total capital of firm on the basis of new partner's capital.
3. Finding the surplus/deficit capital.
4. Determining the new capital of each partner.
Select the correct answer:

A

2, 4, 1, 3

B

3, 2, 1, 4

C

4, 3, 2, 1

D

1, 4, 2, 3

Directions : In each of the following questions a statement is given, followed by three conclusions. Give answer :

Statement : Quality of life of a person is not dependent only on his wealth.

Assumptions :
I. The aim of most people is just to acquire more wealth.
II. There are some factors other than wealth which contribute to the quality of life.
III. Wealth does not contribute to the quality of life at all.

A

Only I is implicit

B

Only I and II are implicit

C

Only II is implicit

D

Only II and III are implicit

E

Only I and III are implicit

A minor enters into agreement representing himself to be major
Consider the following statements:
1. Minor commits fraud if the other party does not have personal knowledge of his age
2. Such agreement is enforceable
3. The doctrine of estoppel does not apply in minor's case
4. Other party is entitled to get back the benefit passed to minor, if innocent about his age
Which of the statements given above are correct?

A

1, 3 and 4

B

2 and 3

C

1, 2 and 4

D

2 and 4

Consider the following forest found in Odisha?
1. Mangrove forest
2. Tropical moist deciduous forest
3. Tropical semi-evergreen forest
4. Tropical dry deciduous forest

A

1, 4, 3, 2

B

2, 4, 3, 1

C

4, 1, 2, 3

D

3, 2, 4, 1

Which of the following is correct in the context of strategies available to name a product?
1. Each new product is given a new name.
2. Each product is launched under the brand name.
3. Separate family names for all the products.
4. In this, the product is given individual name alongwith the company's name.
Select the correct answer:

A

1, 2 and 3

B

Both 1 and 3

C

Both 2 and 3

D

All of the above

Arrange the steps of adjustment of partner's capital on the admission of a new partner in sequence.
1. Calculate the adjusted capital of old partners.
2. Calculate the proportionate capital of a new partner.
3. All adjustments should be made.
4. Calculate the total capital of new firm.
Select the correct answer:

A

3, 1, 4, 2

B

3, 4, 1, 2

C

4, 3, 2, 1

D

3, 4, 2, 1

Which of the following are a part of 'objective measurement' of food quality testing?
1. It measures overall quality of product.
2. There in no need to change existing product in case of new product development.
3. It includes all types of instrumental analysis.
4. The test results should be correlated with sensory testing of similar product.
5. The test must be appropriate for the food product being tested.

A

3, 4, 5

B

3, 2, 5

C

3, 1, 5

D

4, 1, 5

Under the HA (Hindu Adoption) & MA (Musli Adoption), 1956 the requisites of a valid adoption have been laid down in

A

Section 6

B

Section 5

C

Section 4

D

Section 7

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