10 Questions
Match the following terms with their correct definitions:
Staffing = Involves acquiring, deploying, and retaining a workforce Directing = Guiding and supervising employees to achieve organizational goals Organising = Structuring resources and tasks to meet objectives effectively Controlling = Monitoring performance and taking corrective actions
Match the following individuals with their contributions:
World Bank = Established in 1944 to provide financial and technical assistance for development projects A.H. Cole = Noted for his work on human resource management practices Kilby Peter = Known for advancements in life insurance policies R. Cantill = Made significant contributions to insurance industry regulations
Match the following types of insurances with their key concepts:
Life Insurance = Principle of utmost good faith Marine Insurance = Covers risks while vessel is anchored at port Fire Insurance = Protects against loss due to fire incidents Motor Insurance = Provides coverage for vehicles against damages
Match the following account types with their suitable users:
Savings Account = Individuals looking to save money for future needs Current Account = Used for frequent business transactions Fixed Deposit Account = Ideal for long-term savings with higher interest rates Recurring Deposit Account = Monthly savings plan with fixed deposit amount
Match the following terms with their correct owners/managers in India:
Private companies = Own and manage railways in India Government = Responsible for ownership and management of Indian railways Public-private partnership (PPP) = Joint ownership and management model for railways Indian Railways Corporation (IRC) = Entity overseeing operations of Indian railways
The principle of utmost good faith is applicable to (a) Life Insurance (b) Marine Insurance (c) all types of insurance
policy
In India, railways are owned and managed by (a) Private companies (b) ______
Government
A ______ is the person named in money order to whom the money is to be paid.
payee
________ provide facilities for perishable commodities.
Warehouses
The account suitable for business purpose is a ______.
Current Account
Test your knowledge of human resource management concepts such as Directing and Staffing. This quiz covers topics related to the functions involved in directing employees and staffing activities according to a plan.
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