Match the LIST-I with LIST-II
| LIST-I | LIST-II |
| (Functional areas) | (Standards used to gauge performance) |
| A. Finance and accounting | I. Liquidity |
| B. Marketing | II. Sales volume |
| C. Production | III. Labour turnover |
| D. Human resource management | IV. Cost |
Choose the correct answer from the options given below:
Answer & explanation
Correct answer: option 3
The correct answer is Option (3) → A-I, B-II, C-IV, D-III
(A) Finance and accounting — this matches (I) Liquidity. Liquidity is the ability to pay short-term dues on time, which is a measure of how well the finances are run.
(B) Marketing — this matches (II) Sales volume. The marketing department is judged by how much it sells.
(C) Production — this matches (IV) Cost. Production is judged by the quantity and quality of output and by the cost at which it is produced.
(D) Human resource management — this matches (III) Labour turnover. Labour turnover is the rate at which employees leave. A high rate shows that people are not being kept satisfied.
NCERT (2026-27 Edition):
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