The Gaia hypothesis was propounded in 1999 by :
James Lovelock
Option 1 — James Lovelock is correct.
The Gaia hypothesis is the proposition that the Earth's living organisms interact with their inorganic surroundings to form a single, self-regulating, complex system that maintains conditions suitable for life on the planet. The system behaves almost like a living organism, keeping variables such as global temperature, atmospheric composition and ocean salinity within life-supporting limits.
It was formulated by the British scientist James Lovelock, working with microbiologist Lynn Margulis. Lovelock continued to develop and popularise the idea across several works, and in the context of management and environmental thought it is credited to him.
Why the other options are wrong: Milton Friedman is an economist associated with monetarism and the shareholder view of the firm. Lord Keynes founded Keynesian macroeconomics. Jean-Jacques Rousseau was an Enlightenment political philosopher (the social contract). None of them advanced the Gaia idea.
Takeaway: The Gaia hypothesis — Earth as a self-regulating living system — is associated with James Lovelock.
If the rate of return on investment opportunity is likely to be 15 percent, the opportunity cost of capital is 10 percent, the earnings per share is ₹ 10 and if the pay-out ratio is 40 percent, the price of share according to Walter Model will be :
If the total cash requirement of a company is ₹ 2 crore next year, the opportunity cost of funds is 15 percent per annum and the cost of conversion from securities to cash per transaction is ₹ 150, the optimum cash balance as per Baumol’s Model will be :
Let the face value of commercial paper be denoted by F.V., net amount realised from the commercial paper be NAR, maturity period of commercial paper be MP. The effective pre - tax cost of commercial paper shall be :
The average spread between the cost of goods sold and the sales revenue is indicated by :
EBIT - EPS indifference point is the level of :
From the following two statements of Assertion (A) and Reasoning (R), indicate the correct code:
Assertion (A): The quantity of a product demanded invariably changes inversely to changes in its price.
Reason (R): The price effect is the net result of the positive substitution effect and negative income effect.
Codes:
Which one of the following combinations may not render the investment multiplier inapplicable?
Match the items of the List-I with that of the List-II and suggest the correct code from the following:
| List-I | List-II |
|---|---|
| i. Cost function | a. Kinked demand |
| ii. Supply function | b. Isoquants |
| iii. Production function | c. Engineering method |
| iv. Oligopoly | d. Factor prices |
Codes:
Match the items of List-I with those of List-II and indicate the correct code from the following:
| List-I | List-II |
|---|---|
| i. Sale of existing firm to the management | a. Reverse synergy |
| ii. Financing acquisition with substantial secured borrowings | b. Management buyout |
| iii. Firms demerged worth more to other firms | c. Reverse capital budgeting |
| iv. Cash inflows on demerger at present at the sacrifice in form of cash out-flow on transfer of division/asset | d. Leveraged buyout |
Codes:
The credit policy of a firm is not decided for which combination of the following?
a. Maximisation of sales
b. Minimisation of bad debt losses
c. Maximisation of collection from debtors
d. Minimisation of adverse effect on the volume of sales
Codes:
Read the given figure and find the region representing persons who are educated and employed but not confirmed in job.

The magazine in which Mahatma Gandhi mentioned what he wanted the Constitution to do is:
Which gas shields the surface of the earth from ultraviolet radiation from the sun?
Which event is marked as an Intangible Cultural Heritage of Humanity by UNESCO?
Who has been conferred with the rank of the Commander of the Order of the British Empire in 2018?