HTET – 2018
- Which among the following is not an assumption of Modigliani and Miller theory of capital structure?
(a) Homogeneous expectations
(b) Absence of taxes
(c) Imperfect capital market
(d) Rational Investors and Managers - ‘NEAT’ system in the Indian Securities Market is related to:
(a) National Stock Exchange
(b) Bombay Stock Exchange
(c) Over the Counter Exchange of India
(d) Multi Commodity Stock Exchange - The book, ‘Innovation and Entrepreneurship’ is written by :
(a) Harold Koontz
(b) Blake and Mouton
(c) Peter F. Drucker
(d) None of the above - In the managerial grid, developed by Blake and Mouton, a manager who has high consideration for production but little concern for people is known as :
(a) 1,1 Management
(b) 1,9 Management
(c) 9,1 Management
(d) 5,5 Management - Period cost means :
(a) Variable Cost
(b) Fixed Cost
(c) Prime Cost
(d) Marginal Cost - UNCTAD stands for :
(a) United Nations Committee on Tariff and Development
(b) United Nations Conference on Trade and Deficit
(c) United Nations Conference on Trade and Development
(d) Union of Nations Cause for Trade and Development - Who gave the concept of ‘hierarchy of needs’ ?
(a) Fredrick Herzberg
(b) Victor Vroom
(c) Douglas McGregor
(d) A. H. Maslow - A group of firms in an industry following the same and similar strategies are called :
(a) Strategic Group
(b) Benchmarking Group
(c) Group Cohesiveness
(d) Core Competence Group - Standard price Rs. 6 per kg, Actual price Rs. 8 per kg, standard quantity 1000 kg, actual quantity used 900 kg. Calculate material cost variance and material usage variance :
(a) 1200 (A) and 600 (F)
(b) 600 (A) and 1200 (F)
(c) 1200 (F) and 600 (A)
(d) 1000 (A) and 200 (F) - The term ‘opportunity cost’ refers to :
(a) Variable cost
(b) Short-run cost
(c) The cost forgone in favour of production of another product
(d) Cost related to an optimum level of Production - In a company, weekly minimum and maximum consumption of material A are 25 and 75 units respectively. The reorder quantity as fixed by the company is 300 units. The material is received within 4 to 6 weeks from issue of supply order. Calculate minimum level and maximum level of material A :
(a) 215 units and 750 units
(b) 180 units and 650 units
(c) 200 units and 650 units
(d) 350 units and 750 units - Expectancy theory of Motivation was propounded by :
(a) Porter and Lawler
(b) McGregor
(c) V. Vroom
(d) J. Stacy Adams - Which one is called ‘Bretton-Woods Twins’?
(a) IBRD and IDA
(b) IMF and IFC
(c) IMF and IBRD
(d) IDA and IFC - Purchased machinery for Rs. 1,00,000 and issued a cheque. In this situation which account will be debited?
(a) Machinery Account
(b) Bank Account
(c) Cash Account
(d) Buyer’s Account - Under which section ‘Minimum Alternative Tax (MAT)’ was introduced by Finance Act, 1987?
(a) Section 115 (J) of Income tax Act 1961
(b) Section 125 (J) of Income tax Act 1961
(c) Section 115 (V) of Income tax Act 1961
(d) Section 125 (V) of Income tax Act 1961 - The budget that is prepared first of all is :
(a) Cash budget
(b) Master budget
(c) Budget for the key factors
(d) Expenditure budget - A company earned a profit of Rs. 30,000 during the year 2014-15. If the marginal cost and selling price of a product are Rs. 8 and Rs. 10 respectively, find out the amount of margin of safety :
(a) Rs. 1,00,000
(b) Rs. 1,20,000
(c) Rs. 90,000
(d) Rs. 1,50,000 - Who is considered father of Scientific Management?
(a) Peter Drucker
(b) F. W. Taylor
(c) Victor Vroom
(d) Henry Fayol - Which research includes all types of research into human motives when it refers to qualitative research designed to uncover the consumer’s sub consciousness or hidden motivations ?
(a) Motivational Research
(b) Marketing Research
(c) Managerial Research
(d) Price Research - Uruguay Round pertains to :
(a) WTO
(b) IMF
(c) GATT
(d) World Bank - Which of the following would not cause either an under or over-absorption of overheads?
(a) Actual direct labour time permit being greater than budget.
(b) Actual cost of direct labour being greater than budget.
(c) Actual overheads incurred being less than budget.
(d) The number of units produced being greater than budget. - Cost accounting provides all of the following information except :
(a) Product Costs
(b) Cost of Goods Sold
(c) Inventory Values
(d) Cash Forecasts - SDRs are popularly known as :
(a) Currency Notes
(b) Paper Gold
(c) Silver Coin
(d) Gold Coin - In the model of consumer behavior given by Philip Kotler, what constitutes the marketing stimuli?
(a) Product choice
(b) Four P’s of marketing
(c) Consumer needs and wants
(d) Buyer’s characteristics - What is OTP in credit card transactions?
(a) Odd Transaction Password
(b) Owner’s Trading Passcode
(c) One Time Password
(d) One Time Pincode - When a company offers new product in existing market, the strategy is known as :
(a) Product Development
(b) Downsizing
(c) Diversification
(d) Market Development - What is the characteristic of purely competitive market?
(a) Large number of buyers and sellers
(b) A few sellers
(c) A few buyers
(d) Abnormal profit - A project is worthwhile or profitable if its Net Present Value (NPV) is :
(a) less than 0
(b) greater than 0
(c) equal to 0
(d) greater than 1 - The difference between what a consumer is willing to pay for a commodity and what he actually does pay for it, is called :
(a) Consumer’s Surplus
(b) Producer’s Surplus
(c) Utility Cost
(d) Supplier’s Surplus - Which among the following is an example of capital expenditure?
(a) Rent
(b) Commission
(c) Dividend
(d) Furniture - “Telling people what to do and seeing that they do it to the best of their ability”, is :
(a) Motivation
(b) Coordination
(c) Appraisal
(d) Direction - The selection based on some criteria from two or more possible alternatives is :
(a) Planning
(b) Co-ordination
(c) Management
(d) Decision Making - The error of rejecting a true null hypothesis is known as :
(a) Type II Error
(b) Type I Error
(c) t-Test
(d) Chi-square Test - System used to determine the attractiveness and probability of success :
(a) Market Opportunity Analysis
(b) Market Potential
(c) Marketing Communication
(d) Marketing Channel - Which of the following is an Indirect Method of Recruitment?
(a) Advertisement
(b) Campus Recruitment
(c) Employee Referrals
(d) Employment Exchange - Writing off lost capital is one of the ways in which the share capital can be :
(a) Altered
(b) Reduced
(c) Converted into reserve capital
(d) None of the above - Which ratio is calculated to know the extent of outsiders funds and shareholders funds in acquiring the assets for a firm?
(a) Debt-equity Ratio
(b) Proprietary Ratio
(c) Net Worth Ratio
(d) Return on Capital Employed Ratio - The individuals who report unethical practices by their employers to outsiders are called :
(a) Trust propensity
(b) Work-Team
(c) Collective Bargaining
(d) Whistle Blowers - Which one is not a component of credit policy ?
(a) Terms of Sales
(b) Credit Analysis
(c) Collection Policy
(d) Marginal Rate - A principle which entitles the promissory to get compensation for the work done :
(a) Quantum Meruit
(b) Consideration
(c) Performance
(d) Implied Contracts - Factors that effect consumer buying power and spending patterns is :
(a) Economic Environment
(b) Natural Environment
(c) Technical Environment
(d) Political Environment - An agreement between two parties to exchange a series of future cash flows is called :
(a) Contract
(b) Bill of exchange
(c) Swap
(d) Promissory note - What will be the financial leverage, if sales (1,00,000 units) is Rs. 2,00,000; variable cost per unit is Rs. 0.70; fixed cost is Rs. 65,000 and interest charge is Rs. 15,000 ?
(a) 2.0 times
(b) 1.5 times
(c) 1.2 times
(d) 1.3 times - The practice of selling below cost, with an intention to destroy the competitor is referred to as :
(a) Loss-leader pricing
(b) Predatory pricing
(c) Price-discrimination
(d) Penetration pricing - Entering foreign markets by joining with foreign companies to produce or market a product or service :
(a) Line Extension
(b) Joint Venturing
(c) Management Contracting
(d) Exporting - Source of power depends on fear, threat and punishment is :
(a) Coercive Power
(b) Legitimate Power
(c) Expert Power
(d) Referent Power - Which curve shows the relationship between the tax rate and the amount of tax revenue collected ?
(a) Laffer Curve
(b) Production Curve
(c) Revenue Curve
(d) Tax Curve - Which among the following is not one of the famous committees appointed for examining credit limits for commercial banks in respect of working capital requirements ?
(a) K. B. Chore Committee
(b) V. T. Dehejia Committee
(c) S. S. Vyas Committee
(d) Prakash Tondon Committee - The expected return on an investment minus the risk-free rate is known as :
(a) Risk-free Assets
(b) Risk Premium
(c) Sales Risk
(d) Risk Governance - 50. Which among the following is the statistical measure that indicates the peakedness of distribution ?
(a) Skewness
(b) Correlation
(c) Mean
(d) Kurtosis - The oligopoly model in which the businessman assumes that the competitors’ output are fixed and simultaneously decide how much to produce is :
(a) Cournot Oligopoly Model
(b) Stackelberg Oligopoly Model
(c) Chamberlin’s Oligopoly Model
(d) Bertrand Oligopoly Model - situational approach to leadership, the participating style of leadership has :
(a) High task and low relationship orientation.
(b) High task and high relationship orientation
(c) Low task and high relationship orientation
(d) Low task and low relationship Orientation - 53. ………….. is the maximum growth rate a firm can achieve without external financing of any kind.
(a) Internal Growth Rate
(b) Sustainable Growth Rate
(c) Internal Rate of Return
(d) Average Rate of Return - The department ‘K’ of a certain factory desires to quote the selling price of 10,000 units. The details of cost of 1,000 units are; Material cost Rs. 6,000; labour cost Rs. 10,000; Factory overhead : fixed Rs. 8,000; variable Rs. 1,500; Administrative overhead : fixed Rs. 4,000; variable Rs. 800; Selling and Distribution overhead : fixed Rs. 800; variable Rs. 650. It is desired to charge 15% profit on cost. Ascertain the selling price :
(a) Rs. 2,32,645
(b) Rs. 2,23,645
(c) Rs. 3,32,645
(d) Rs. 3,23,645 - Contrary or in excess of the scope of the activity of the company will be null and void and not binding on the company.
(a) Quasi-Contract
(b) Illegal Contract
(c) Doctrine of Ultravires
(d) Void Contracts - A program to change workers’ attitude about quality by stressing error-free performance is :
(a) Six-sigma
(b) 360 degree
(c) Zero defects
(d) Standard output - Calculate the Balance as per pass book from given information :
(i) Debit balance as per cash book Rs. 25,000.
(ii) Cheques issued but not yet presented for payment Rs. 8,900.
(iii) Cheques deposited into bank but not yet collected and credited by the bank Rs. 12,300.
(iv) Interest allowed by the bank Rs. 1,250.
(v) Bank charges of Rs. 250 were not entered in the cash book.
(vi) Bank paid insurance premium as per our standing order but no information has been given to us Rs. 3,500.
(a) Rs. 20,200
(b) Rs. 19,100
(c) Rs. 19,000
(d) Rs. 28,000 - 58. Which organization structure consist of the direct vertical relationship which connect the position and task of each levels with those above and below :
(a) Line and Staff Organisation
(b) Line Organisation
(c) Functional Organisation
(d) Committee Organisation - The systematic collection, evaluation and organisation of information about jobs is called :
(a) Job Evaluation
(b) Job Analysis
(c) Job Description
(d) Job Specification - Which among the following is not a characteristic of zero-base Budgeting ?
(a) Flexibility
(b) Optimum utilization of resources
(c) More effective budgetary control
(d) Target oriented technique