1.
The hypothesis that consumption in one period would be a function of income in that period and the
returns on savings of the previous period is given by
(A) Irving Fisher
(B) Franco Modigliani
(C) Duesenberry
(D) Robert Hall
Answer B
2. From the following identify one which is not a property of Indifference curve ?
(A) Indifference curves are downward sloping.
(B) Indifference curves are concave to the origin.
(C) Indifference curves are convex to the origin.
(D) Indifference curves do not intersect each other.
Answer B
3. Which one of the following statements is true ?
(A) Business decisions cannot be taken without a sound knowledge of Macro Economic Theories.
(B) Knowledge of Economic Theory is misleading in making business decisions.
(C) With the help of Economic Theories, it is always possible to predict the future accurately.
(D) Every Economic Theory is based on realistic facts which are common to all societies.
Answer A
4. Arrange the following in the proper order for decision under capital budgeting.
(i) Estimating the cost and benefits of proposals.
(ii) Deciding the investment objective.
(iii) Selecting the best investment proposal.
(iv) Applying the capital budgeting decision technique.
Codes :
(A) (ii) (iv) (i) (iii)
(B) (ii) (iv) (iii) (i)
(C) (ii) (i) (iv) (iii)
(D) (ii) (i) (iii) (iv)
Answer C
5. Match the following items in List A with the most appropriate options from List B :
List-A
a. A lender buys securities to protect
List-B
1. Interest rate collar
himself from a falling interest rate
b. A borrower buys securities to
2. Interest rate cap
protect himself from rising
interest rate
c. A combination of interest rate
3. Interest rate corridor
cap and floor
d. A combination of two or more
4. Interest rate floor
interest rate caps
Codes :
(A) 2
(B) 4
(C) 4
(D) 3
Answer B
6. The form of learning in which people acquire new behaviours by systematically observing the rewards
and punishments given to others is known as
(A) Operant conditioning
(B) Positive reinforcement
(C) Modelling
(D) Law of effect
Answer A
7. Diffusion of routine information takes place through
(A) Downward Communication
(B) Upward Communication
(C) Horizontal Communication
(D) External Communication
Answer A
8. An integrated group of activities to bring about a change is known as
(A) Organisation development
(B) Interventions
(C) OCTAPACE
(D) Collaborative culture
Answer A
9. Match the following :
a. Motivation is a function of
1. Expectancy Theory
fairness in social exchanges.
b. People are motivated to behave in ways
2. Alderfers ERG Theory
that produce valued outcomes.
c. Determining specific levels of performance for
3. Equity Theory
workers to attain and then striving to attain them.
d. When people are frustrated by their inability
4. Goal- Setting Theory
to meet needs at the next higher level in the
hierarchy, they regress to the next lower
category of needs and intensify their
desire to gratify these needs.
Codes :
(A) 1
(B) 4
(C) 3
(D) 3
Answer C
10. Match the following :
a. Selfefficacy
1. Determining specific levels of performance
for workers to attain them.
b. Goal setting
influence ones performance.
2. The belief that ones efforts will positively
c. Expectancy
3. People strive to maintain ratio of their own
outcomes to their own inputs that are equal to
that of those with whom they compare
themselves.
d. Equity Theory
4. Ones belief about having the capacity to
perform a task.
Codes :
(A) 1
(B) 4
(C) 3
(D) 2
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Saturday, November 1, 2014
UGC NET Dec 2013 Management paper I solved
SET W
1. Which is the main objective of research ?
(A) To review the literature
(B) To summarize what is already known
(C) To get an academic degree
(D) To discover new facts or to make fresh interpretation of known facts
Answer D
2. Sampling error decreases with the
(A) decrease in sample size
(B) increase in sample size
(C) process of randomization
(D) process of analysis
Answer B
3. The principles of fundamental research are used in
(A) action research
(B) applied research
(C) philosophical research
(D) historical research
Answer B
4. Users who use media for their own ends are identified as
(A) Passive audience
(B) Active audience
(C) Positive audience
(D) Negative audience
Answer B
5. Classroom communication can be described as
(A) Exploration
(B) Institutionalisation
(C) Unsignified narration
(D) Discourse
Answer D
6. Ideological codes shape our collective
(A) Productions
(B) Perceptions
(C) Consumptions
(D) Creations
Answer B
7. In communication, myths have power, but are
(A) uncultural
(B) insignificant
(C) imprecise
(D) unpreferred
Answer C
8. The first multi-lingual news agency of India was
(A) Samachar
(B) API
(C) Hindustan Samachar
(D) Samachar Bharati
Answer C
9. Organisational communication can also be equated with
(A) intra-personal communication
(B) inter-personal communication
(C) group communication
(D) mass communication
Answer C
10. If two propositions having the same subject and predicate terms are such that one is the denial of
the other, the relationship between them is called
(A) Contradictory
(B) Contrary
(C) Sub-contrary
(D) Sub-alternation
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UGC NET Dec 2013 Management paper III solved
1. Match the items of List I with those of List II and give the correct code from the
following :
List I
List II
a. Sales Maximisation Model
i. John Williamson
b. Managerial Discretion Model
ii. R.M. Cyert and J.G. March
c. Integrative Model
iii. William J. Baumol
d. Behavioural Model
iv. Oliver Williamson
Codes :
a b
c d
(A) ii iii iv i
(B) iii iv i
(C) i
ii
ii iii iv
(D) iv i
ii
iii
Answer B
2. Match the items of the following two lists and give the correct code for the following :
List I
List II
a. Scale of Preferences
b. Inadequate Explanation of Giffen Goods
c. Curves always slope negatively
d. Inseparation of Income and Substitution effects
Codes :
(A) ii
(B) i
iii iv
iii iv
ii
(C) ii iv
iii
(D) iii ii
iv
Answer C
3. Cost-plus pricing is not suitable for
(A) Monopoly Pricing
(B) Product Tailoring
i. Indifference Curves
ii. Ordinal Utility
iii. Demand Curves
iv. Marshallian Utility Analysis
(C) Refusal Pricing
(D) Monopsony Pricing
Answer A
4. Indicate the correct code matching the items of List I with those in List II as follows :
List I
List II
a. Resorting to New Technology
i. Cost reduction through output expansion
b. Excess Capacity of the Plant
ii. Constant cost despite output expansion
c. Employees Training Centres
iii. Internal Economies
d. Reserve Capacity of the Plant
iv. External Economies
Codes :
(A) i
iii
ii
iv
(B) iii i
iv
ii
(C) iv ii
iii
(D) ii iv iii
Answer B
5. In a mixed economy, the central problems are solved through which of following ?
(A) Price mechanism
(B) Regulated market mechanism
(C) Market mechanism and economic planning
(D) Economic planning and control
Answer C
6. Indicate the correct code matching the items in List I with those in List II as follows :
List I
List II
a. Excess of aggregate investment over
i. Stability of National Income
aggregate savings, at full employment level
b. Equality of aggregate income
ii. Recessionary gap
and savings
c. Comparatively greater decrease in
iii. Multiplier effect
income following a decrease in investment
d. Aggregate expenditure being less than
national income at full employment level
Codes :
(A) ii
iv
iii
iv. Inflationary gap
(B) iv
iii
ii
(C) iii ii
iv
(D) i
ii
iv
iii
Answer B
7. The study of gestures and body postures for their impact on communication is known as :
(A) Kinesics
(B) Proximics
(C) Semantics
(D) Informal channels
Answer A
8. Which of the following deals with what, why, when and how tasks to be performed ?
(A) Job Analysis
(B) Job Description
(C) Job Specification
(D) Job Enrichment
Answer B
9. According to Henry Mintberg, managers perform three roles. Indicate the one role which is not
among them.
(A) Decisional
(B) Informational
(C) Interpersonal
(D) Supervisory
Answer D
10. The Ringlemann effect describes
(A) the tendency of groups to make risky decisions
(B) social loafing
(C) social facilitation
(D) the satisfaction of members social needs
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Sunday, October 12, 2014
UGC NET Management June 2013 solved paper 1
SET - X
1. Choose the proper alternative given in the codes to replace the question mark.
Bee Honey, Cow Milk, Teacher ?
(A) Intelligence
(B) Marks
(C) Lessons
(D) Wisdom
Answer D
2. P is the father of R and S is the son of Q and T is the brother of P. If R is the sister of S, how is Q related
to T ?
(A) Wife
(B) Sister-in-law
(C) Brother-in-law
(D) Daughter-in-law
Answer B
3. A definition put forward to resolve a dispute by influencing attitudes or stirring emotions is called
(A) Lexical
(B) Persuasive
(C) Stipulative
(D) Precisions
Answer B
4. Which of the codes given below contains only the correct statements ?
Statements :
(i) Venn diagram is a clear method of notation.
(ii) Venn diagram is the most direct method of testing the validity of categorical syllogisms.
(iii) In Venn diagram method the premises and the conclusion of a categorical syllogism is diagrammed.
(iv) In Venn diagram method the three overlapping circles are drawn for testing a categorical syllogism.
Codes :
(A) (i), (ii) & (iii)
(B) (i), (ii) & (iv)
(C) (ii), (iii) & (iv)
(D) (i), (iii) & (iv)
Answer B
5. Inductive reasoning presupposes
(A) unity in human nature
(B) integrity in human nature
(C) uniformity in human nature
(D) harmony in human nature
Answer C
Read the table below and based on this table answer questions from 6 to 11 :
Area under Major Horticulture Crops (in lakh hectares)
Year
Fruits
Vegetables
Flowers
Total Horticulture Area
2005-06
53
72
1
187
2006-07
56
75
1
194
2007-08
58
78
2
202
2008-09
61
79
2
207
2009-10
63
79
2
209
6. Which of the following two years have recorded the highest rate of increase in area under the total
horticulture ?
(A) 200506 & 200607
(B) 200607 & 200809
(C) 200708 & 200809
(D) 200607 & 200708
Answer D
7. Shares of the area under flowers, vegetables and fruits in the area under total horticulture are
respectively :
(A) 1, 38 and 30 percent
(B) 30, 38 and 1 percent
(C) 38, 30 and 1 percent
(D) 35, 36 and 2 percent
Answer A
8. Which of the following has recorded the highest rate of increase in area during 2005-06 to
2009-10 ?
(A) Fruits
(B) Vegetables
(C) Flowers
(D) Total horticulture
Answer C
9. Find out the horticultural crop that has recorded an increase of area by around 10 percent from 200506 to 2009-10
(A) Fruits
(B) Vegetables
(C) Flowers
(D) Total horticulture
Answer B
10. What has been the share of area under fruits, vegetables and flowers in the area under total
horticulture in 2007- 08 ?
(A) 53 percent
(B) 68 percent
(C) 79 percent
(D) 100 percent
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Thursday, October 9, 2014
UGC NET Management June 2014 solved paper I
This paper contains 60 questions out of which 50 are to be attempted. If more than 50 questions are
answered then first 50 answers will be examined. Each question contains 2 marks each.
SET - W
1. Break-down in verbal communication is described as
(A) Short circuit
(B) Contradiction
(C) Unevenness
(D) Entropy
Answer D
2. The Telephone Model of Communication was first developed in the area of
(A) Technological theory
(B) Dispersion theory
(C) Minimal effects theory
(D) Information theory
Answer D
3. The Dada Saheb Phalke Award for 2013 has been conferred on
(A) Karan Johar
(B) Amir Khan
(C) Asha Bhonsle
(D) Gulzar
Answer D
4. Photographs are not easy to
(A) Publish
(B) Secure
(C) Decode
(D) Change
Answer C
5. The grains that appear on a television set when operated are also referred to as
(A) sparks
(B) green dots
(C) snow
(D) rain drops
Answer C
6. In circular communication, the encoder becomes a decoder when there is
(A) noise
(B) audience
(C) criticality
(D) feedback
Answer D
7. In a post-office, stamps of three different denominations of Rs. 7, Rs. 8, Rs. 10 are available. The exact
amount for which one cannot buy stamps is
(A) 19
(B) 20
(C) 23
(D) 29
Answer A
8. In certain coding method, the word QUESTION is encoded as DOMESTIC. In this coding, what is the
code word for the word RESPONSE?
(A) OMESUCEM
(B) OMESICSM
(C) OMESICEM
(D) OMESISCM
Answer C
9. If the series 4, 5, 8, 13, 14, 17, 22, .... is continued in the same pattern, which one of the
following is not a term of this series?
(A) 31
(B) 32
(C) 33
(D) 35
Answer C
10. Complete the series BB, FE, II, ML, PP, ........... by choosing one of the following option given:
(A) TS
(B) ST
(C) RS
(D) SR
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Tuesday, October 7, 2014
UGC NET Management June 2014 Paper III solved
1. In case a decrease in price of a commodity results in an increase in its demand on a negatively sloping
demand curve, it is called
(A) An increase in demand
(B) An increase in quantity demanded
(C) Law of demand
(D) Any of the above
Answer B
2. Production function is not based on the assumption of the
(A) Substitutability of inputs
(B) Complementarity of inputs
(C) Marketability of products
(D) Specificity of inputs
Answer C
3. Match the items of the following two lists and indicate the correct code :
List I
List II
a. Trade channel discounts
b. Tie-up sales
i. Oligopoly pricing
ii. Locational price differentials
c. Price being nonresponsive to changes in
iii. Differential pricing
demand costs
d. Basing-point pricing
iv. Product-line pricing
Codes :
a
(A) iv
ii
iii
(B) iii
iv
ii
(C) ii
iv
iii
(D) I
iii
ii
iv
Answer B
4. Indicate the correct code matching the items in List I with those in List II as follows :
List I
List II
a. Competitive parity in advertising
i. Variations in advertising
b. Promotional elasticity of product
ii. Advertising scheduling
c. Optimal promotion mix
d. Pulsing advertising
iii. Advertising expenditure
iv. Marginal equivalence of dvertising
media outlay
Codes :
(A) ii
iii
iv
(B) iii
iv
ii
(C) i
iv
ii
iii
(D) iv
ii
iii
Answer B
5. Macroeconomics basically concerns with which of following in an economy?
(A) Industry, Trade and Commerce
(B) Agriculture, Industry & Trade
(C) Employment, Inflation & Growth
(D) Population, Income and Economic Planning
Answer C
6. The competition commission of India has no rule in regulating which of the following?
(A) Restrictive Trade Agreements
(B) Abuse of Market Power
(C) Unfair Trade Practices
(D) Mergers and Acquisitions
Answer C
7. The ability to understand, communicate with, motivate and support other people, both individually
and in groups, defines which of the following management skills?
(A) Hard Skills
(B) Soft Skills
(C) Conceptual Skills
(D) Political Skills
Answer B
8. As __________, managers receive a wide variety of information and serve as the nerve centers of
internal and external information of the organization.
(A) Leaders
(B) Monitors
(C) Distribution handlers
(D) Resource allocators
Answer B
9. Which one is the correct combination?
(A) Theory of Conditioning Bernara
(B) Operant Conditioning Theory B.F. Skinner
(C) Stimulus Response Theory Hoodman
(D) Theory of Associates Marshall
Answer B
10. Match the following:
List I
a. Evaluative statements or judgments
List II
i. Attitudes
concerning objects, people or events
b. The opinion or belief segment of
ii. Cognitive Component
an attitude
c. The emotional or feeling segment
iii. Affective Component
of an attitude
d. An intention to behave in a certain way
towards someone or something
Codes :
iv. Behavioural component
(A) i
ii
iii
iv
(B) iv
iii
ii
(C) iv
ii
iii
(D) i
iii
ii
iv
Answer A
11. As per Rorsach value survey, which of the following is not an instrumental value?
(A) Ambitious
(B) Imagination
(C) Wise
(D) Capable
Answer C
12. When we judge someone on the basis of our perception of the group to which
he or she belongs, we are using the shortcut, called ________
(A) Selective Perceptive
(B) Halo effect
(C) Contrast effect
(D) Stereotyping
Answer D
13. Performance = f (m, a, e). In this expression e stands for
(A) Efficiency
(B) Effectiveness
(C) Environment
(D) Entrepreneurship
Answer C
14. Selecting a representative sample of jobs, preparing job descriptions for
them, comparing them on the basis of the information in the job descriptions
and placing them in order of their perceived importance represents which of
the following job evaluation methods?
(A) Job grading method
(B) Job ranking method
(C) Points rating method
(D) Guide chart method
Answer B
15. Match the following:
List I
List II
a. A pay plan in which most employees are
i. Elitest pay system
part of the same compensation system.
b. A pay plan in which different compensation
ii. Skill based pay
systems are established for employees or
groups at different organizational levels.
c. A pay system in which employees are
iii. Egalitarian pay system
paid on the basis of the jobs they can do.
d. The perceived fairness of the pay structure
within a firm.
Codes :
(A) i
ii
iii
iv
(B) iii
ii
iv
(C) i
iii
ii
iv
(D) iii
ii
iv
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Monday, September 29, 2014
UGC NET June 2014 Management paper II solved
1. In case the price (P), quantity (Q), and changes (D) are represented by respective symbols given in the
brackets, the price elasticity of demand (Ed) is measured by
(A) Ed = DQ/DP
(B) Ed = (DQ/Q)/(DP/P)
(C) Ed = DP/DQ
(D) Ed = (DP/P)/(DQ/Q)
Answer B
2. Law of Diminishing Return applies when the gaps among the successive multiple-level of output
isoquants
(A) decreases
(B) remains constant
(C) increases
(D) remains irregular
Answer C
3. In case the demand elasticity under imperfect competition is unity, the marginal revenue will be
(A) more than utility, but less than infinity.
(B) equal to unity.
(C) less than unity, but more than zero.
(D) equal to zero.
Answer D
4. Rise in general price level alongwith declining output in the economy is called
(A) Inflation
(B) Deflation
(C) Stagflation
(D) Demand-pull inflation
Answer C
5. National income equilibrium is not at the level where
(A) aggregate investment equals aggregate savings
(B) aggregate expenditure equals aggregate income
(C) inflationary and deflationary gaps are absent
(D) aggregate consumption is constant
Answer D
6. Which of the following is a correct match ?
(A) McClelland ERG Theory
(B) Skinner Reinforcement Theory
(C) Vroom Equity Theory
(D) Locke Expectancy Theory
Answer B
7. The study of gestures and body postures for their impact on communication is known as
(A) Kinesics
(B) Proxemics
(C) Semantics
(D) None of the above
Answer A
8. According to Organisational Culture Inventory (OCI), an organisation in which members are
encouraged to work together in ways that meet higher order human needs is classified as having a
_________ culture.
(A) constructive
(B) motivational
(C) passive
(D) high achievement
Answer A
9. A matrix structure of organisation
(A) reinforces unity of command
(B) is inexpensive
(C) is easy to explain to the employees
(D) gives to some employees more than one boss
Answer D
10. Organisational development (OD) is a planned change plus
(A) Evaluation
(B) Intervention
(C) Ability for self-renewal
(D) Reinforcement
Answer C
11. Match the following :
List I (Concept)
List II (Term)
a. An ongoing and formalised effort
i. Direction phase
that focuses on developing enriched and more
capable workers
b. A career development activity in which
ii. Career development
managers make decisions regarding
the advancement potential of subordinates
c. A career development activity that focuses
iii. Promotability forecast
on preparing people to fill executive positions
d. Determining the type of career that employees
want and the steps they must take to realise
their career goals
Codes :
a b
(A) i
ii
iii iv
(B) ii iii
iv i
(C) ii iii
iv
(D) i
ii
iv
iii
Answer B
iv. Succession planning
12. A formal explanation of the knowledge, skills, abilities, traits and other characteristics necessary for
effective job performance is known as
(A) Job Description
(B) Job Analysis
(C) Job Specification
(D) Job Enrichment
Answer C
13. _________ aims to reduce reliance on arbitrary methods of pay determination by introducing an
element of objectivity in the way jobs are compared.
(A) Performance appraisal
(B) Job evaluation
(C) Job enrichment
(D) Attrition
Answer B
14. Match the following :
List I
a. The process of examining how work creates or
adds value to the ongoing processes in a business
List II
i. Job Enrichment
b. A fundamental rethinking and radical redesign
ii. Job Design
of business processes to achieve dramatic
improvements in cost, quality, service and speed
c. The process of organising work into the tasks
iii. Work flow analysis
required to perform a specific task
d. The process of putting specialised tasks back
together so that one person is responsible for
iv. Business process reengineering
(BPR)
producing a whole product or an entire service
Codes :
ii
iii
iv
(B) ii
iv
iii
(C) iii
iv
ii
(D) iii
iv
ii
(A)
Answer D
15. The process of reorganising a companys employees to improve their efficiency is termed as
(A) Right sizing
(B) Down sizing
(C) Retrenchment
(D) Lay-offs
Answer A
16. The value of a bond with a given maturity period is
(A) Present value of maturity value of the bond
(B) Present value of annual interest plus present value of maturity value
(C) Total amount of interest plus the maturity value received
(D) Maturity value received
Answer B
17. The capital budgeting appraisal criterion that is most appropriate in the situation of capital rationing
will be
(A) Payback period
(B) Internal Rate of Return
(C) Net present value
(D) Profitability index
Answer D
18. For computation of cost of equity, arrange the following measures in the ascending order of
accuracy :
I. Capital Asset Pricing Model
II. Dividend-Price Ratio
III. Earning-Price Ratio
IV. Dividend-Price Plus Growth Ratio
Codes :
(A) I --> III --> II --> IV
(B) IV --> I --> III --> II
(C) III --> II --> IV --> I
(D) II --> IV --> I --> III
Answer C
19. Match the items given in the two lists :
List I
a. Debt securities without any explicit
List II
i. Floating Rate Bonds
interest rate
b. Company issuing such bonds
experiences less financial distress
ii. Zero-coupon bonds
c. Coupon rate quoted as mark-up on the
iii. Income Bonds
given rate
Codes :
(A) i
ii
iii
(B) i
iii
ii
(C) ii
iii
(D) iii
ii
Answer C
20. Which one of the following types of working capital is financial through a portion of long-term funds
?
(A) Gross working capital
(B) Net working capital
(C) Floating working capital
(D) Regular working capital
Answer B
21. In the model of consumer adoption of new products developed by Everitt M. Rogers, the first
category of people to adopt a new product is called
(A) Early adopters
(B) Initial adopters
(C) First users
(D) Innovators
Answer D
22. Pepsico used ________ to enter the Indian market in the early 1980s.
(A) Mega marketing
(B) Meta marketing
(C) Micro marketing
(D) Multistage marketing
Answer A
23. Pricing decisions are most complex at which stage of the product life cycle ?
(A) Decline stage
(B) Growth
(C) Introduction
(D) Maturity
Answer D
24. Branding seeks
(A) to differentiate the product
(B) to charge differential price
(C) to sell the product in different countries
(D) to give attractive name to a product
Answer A
25. The most widely used method of collecting the primary data is
(A) Experimental Research
(B) Observation Research
(C) Statistical Research
(D) Survey Research
Answer D
26. If the EOQ for an item of inventory in a firm is 1000 units, the estimated demand for the term next
year gets doubled, what shall be the revised EOQ next year, all other relevant costs remaining
unchanged ?
(A) 1000
(B) 1414
(C) 2000
(D) None of the above
Answer B
27. From the following two statements, choose the correct answer :
Statement I : A person can have one utility curve for one situation and a quite
different one for the next situation.
Statement II : Business executive with a linear utility curve can effectively use the
expected monetary value as their decision criterion.
Codes :
(A) Statement I is true, but II is false.
(B) Statement I is false, but II is true.
(C) Both the Statements I and II are true.
(D) Both the statements I and II are false.
Answer C
28. Which of the following is not included in the Five-p model of transformation organisation used in the
Production and Operations Management ?
(A) People
(B) Plant
(C) Production
(D) Programmes
Answer C
29. Demand forecasting through Survey of Buyers Intentions is not suited for which type of products ?
(A) Convenience goods
(B) Industrial products
(C) New products
(D) Consumer durables
Answer A
30. The names of certain reputed authors and their works are listed in the following lists. Match the
names and their works in the correct order :
List I
List II
a. Elwood S. Buffa and Rakesh K. Sarin
i. A Behavioural Theory of the Firm
b. Richard M. Cyert and James E March
ii. Introduction to operations research
c. Martin K. Starr and D.W. Miller
iii. Production and Operations Management
d. J.M. Juran
iv. Quality Control Handbook
e. Hillier and Leiberman
v. Inventory Control : Theory and Practice
Codes :
(A)
ii
iii
iv
(B)
ii
iii
iv
(C)
iii
iv
ii
(D)
iii
iv
ii
Answer D
31. What is the probability of a value, chosen from a population, is less than its median ?
(A) 1.0
(B) 0.75
(C) 0.50
(D) 0.25
Answer C
32. If in a given Binomial distribution with n fixed and P < 0.5, then
(A) The Poisson distribution will provide a good approximation
(B) The Binomial distribution will be skewed to the left
(C) The Binomial distribution will be skewed to the right
(D) The Binomial distribution will be symmetric
Answer C
33. What separates the physical aspects of data storage from the logical aspects of data
representation?
(A) Schema
(B) Relationships
(C) Constraints
(D) Data
Answer A
34. The components of E-business model are
i. Web Server
ii. Web Master
iii. Internet
iv. Web Administrator
Codes :
(A) i, ii, iii & iv
(B) i, ii & iii
(C) i & iii only
(D) iii only
Answer C
35. The simple probability of the occurrence of an event is called the
(A) Bayesian probability
(B) Conditional probability
(C) Joint probability
(D) Marginal probability
Answer D
36. Indicate the statement which is not correct :
i. Credit risk is loss on account of default of repayment of loan.
ii. Liquidity risk is the risk on account of the mismatches of cash inflow and outflow in a firm.
iii. Basic risk is the risk in a firm owing to the differences in the index to which financial assets and
liabilities are tied up.
iv. Forward rate agreement is a contract where a borrower / lender locks the interest rate and protects
itself from the loss on account of change in the future interest rate.
Codes :
(A) i and ii
(B) ii and iii
(C) iii and iv
(D) None of the above
Answer D
37. Which of the following facts are not correct in the context of Indias relations with
the WTO ?
i. India has been the founder member of the GATT.
ii. India has agreed to abide by the arrangement on the intellectual property rights.
iii. Under the trade-related investment measures, India has already notified its stand.
iv. India has agreed to allow entry to foreign service providers.
v. The Indian government has amended the Civil Procedure Code for the benefit of foreign service
providers.
Codes :
(A) i and ii
(B) ii and iii
(C) iv only
(D) v only
Answer D
38. Intra-firm transfer of technology is found when
(A) the price of technology development is very low.
(B) it is difficult to protect the technology through patents.
(C) the price of technology is very high.
(D) the technology is developed in association with an allied firm
Answer B
39. Match the theories of Foreign Direct Investment with their contributors :
List I
(Theory)
a. Industrial Organization Theory
List II
(Contributor)
i. Kemp & McDougall
b. Location Specific Theory
ii. Hood and Young
c. Product Cycle Theory
iii. Stephen Hymer
d. Two-Country Model
iv. Raymond Vernon
Codes :
(A) i
ii
iii
iv
(B) iv
iii
ii
(C) iii
ii
iv
(D) i
ii
iv
iii
Answer C
40. Assertion (A) :
The laws regarding patents and trademark are ineffective in many countries.
Reasoning (R) : There are cases when a government does not abide by the rulings of the
International Court of Justice.
(A) (A) and (R) both are correct, and (R) is the right explanation of (A).
(B) (A) and (R) both are correct, but (R) is not the right explanation of (A).
(C) (A) is correct, but (R) is not correct.
(D) (R) is correct, but (A) is not correct.
Answer A
41. A study conducted by the Entrepreneurship Development Institute of India, Ahmedabad,
revealed that the possession of competencies is necessary for superior performance of the
entrepreneurs. The study was conducted under the guidance of
(A) James T. McCrory
(B) David C. McClelland
(C) James J. Berna
(D) P.L. Tandon
Answer B
42. ________ is considered as a creative capital which performs economic functions different from other
investment vehicles, which primarily serve as the expansion capital.
(A) Equity Capital
(B) Fixed Capital
(C) Venture Capital
(D) Share Capital
Answer C
43. Which is the apex body in India for formulating the policy in respect of entrepreneurship
development ?
(A) Reserve Bank of India
(B) Small Industrial Development Bank of India
(C) National Entrepreneurship Board
(D) Industrial Development Bank of India
Answer C
44. _________ means identifying and imitating the best in the world at specific tasks.
(A) Quality circle
(B) Bench marking
(C) Strategy
(D) Outsourcing
Answer B
45. Which of the following factors can be regarded as a symptom of industrial sickness ?
(A) Lowering the employees morale
(B) Delay and default in the payment of dues
(C) Continuous decrease in the price of its shares
(D) All of the above
Answer D
46. Assertion (A) : Ethical relativism means that there are universal standards
of human behaviour.
Reasoning (R) : Ethical behaviour is primarily personal behaviour conforming
to standards of morality.
(A) (A) is correct, and (R) is the right explanation of (A).
(B) (A) is incorrect, and (R) is a correct statement in isolation.
(C) (A) and (R) both are incorrect.
(D) (A) is correct, but (R) is not the right explanation of (A).
Answer B
47. Clause 49 of SEBI Regulations was amended on
(A) 15 August, 2000
(B) 26 August, 2003
(C) 26 January, 2007
(D) 14 February, 2008
Answer B
48. Fundamental legal obligations in taking corporate business decisions are formulated on the basis of
(A) Judicial Principles
(B) Moral Principles
(C) Ethical Principles
(D) Legislative Principles
Answer C
49. Corporate governance mechanism should ensure that corporate executive make strategic decisions
that serve the entire group of
(A) Environmentalists
(B) Government officials
(C) Suppliers
(D) Shareholders
Answer D
50. Morality of an employee in a business organisation depends upon
(A) Individual disposition
(B) Understanding of business activities
(C) Understanding of individual in a group
(D) Family setup of individual employee
Answer A
