………………………. involves allocating organisational resources according to a system of priorities.
(a) Rationing
(b) Anticipation
(c) Buffering
(d) Levelling
The process of analysing the environment for identifying the factors which may influence the business is termed as :
(a) Environmental scanning
(b) Environmental monitoring
(c) Environmental forecasting
(d) Environmental assessment
………………………. is the main ingredient of population control policy.
(a) Higher Education
(b) Primary Education
(c) Female Education
(d) Adult Education
The system by which companies are directed and controlled is called :
(a) Good Governance
(b) Corporate Governance
(c) Ideal Management
(d) Effective Management
All the activities of an economic system are undertaken to :
(a) increase national income
(b) satisfy human wants
(c) eradicate poverty
(d) generate employment
The short-term analysis of financial statements is mainly concerned with :
(a) stability of the concern
(b) earning potential of the concern
(c) working capital analysis
(d) analysis of dividend paying capacity
Low turnover of stock indicates :
(a) monopoly situations
(b) solvency position
(c) more than required investment in inventory
(d) lack of understanding of marketing situations
When ratios are calculated from financial statements of one year, it is termed as :
(a) Horizontal Analysis
(b) Vertical Analysis
(c) Internal Analysis
(d) Ratio Analysis
Increase in the amount of creditors result in :
(a) increase in cash
(b) decrease in cash
(c) no change in cash
(d) increase in non-cash items
The budget which usually takes the form of Budgeted Profit and Loss Account and Balance Sheet is also known as :
(a) Flexible Budget
(b) Master Budget
(c) Cash Budget
(d) Purchase Budget
Production may be defined as an act of :
(a) creating utility
(b) earning profit
(c) destroying utility
(d) providing services
The law which states — “supply creates its own demand”, is called as :
(a) J.B. Say’s law
(b) Marshall’s law
(c) Adam Smith’s law
(d) Robbins’ law
Law of diminishing returns of factors is relevent to :
(a) Short period
(b) Long period
(c) Secular period
(d) Both short and long periods
The annual increase in real per capita income of a country means :
(a) economic growth
(b) economic development
(c) economic change
(d) economic progress
A firm practising price discrimination will be :
(a) Charging different prices for different qualities of a product.
(b) Buying in the cheapest and selling in the dearest markets.
(c) Charging different prices in different markets for a product.
(d) Buying only from firms selling in bulk at a distance.
If X + Y = constant, then correlation coefficient between X and Y is :
(a) 1
(b) 0
(c) –1
(d) 0.5
The regression coefficient of Y on X and X on Y have :
(a) the same algebraic signs
(b) the opposite algebraic signs
(c) always positive signs
(d) always negative signs
The arithmetic mean of a group of 20 observations is 60. If each observation is doubled and value 20 is added to it, new arithmetic mean will be :
(a) 130
(b) 120
(c) 135
(d) 140
If set s1 = {x1, x2, ………., xn} and sets2 = {–x1, –x2, ………., –xn} then :
(a) S.D. of set s1 = –S.D. of set s2
(b) S.D. of set s1 = S.D. of set s2
(c) S.D. of set s1 = S.D. of set s2 = 0
(d) S.D. of set s1 > S.D. of set s2
Suppose that for an exhibition of 6 students are to be selected from each of 5 divisions. In this case most appropriate sampling method to be used is :
(a) non-random sampling
(b) systematic sampling
(c) stratified sampling
(d) simple random sampling
Which pattern reflects a pure executive form of management ?
(a) Functional
(b) Line
(c) Line and Staff
(d) Committee
Which of the following theory is closely related to the bureaucratic theory of organisation ?
(a) Scientific management
(b) Administrative theory
(c) Human relation theory
(d) System’s approach theory
The hallmark of leadership is :
(a) achievement of goals of the organisation
(b) settlement of disputes in the organisation
(c) capacity to influence others to follow
(d) maintaining the core values of the organisation and its distinctive identity
Effective communication is measured through :
(a) Feedback
(b) Reporting
(c) Response
(d) Decoding
By which committee recommendations the concept of corporate governance came into force :
(a) Batra Committee
(b) Sachchar Committee
(c) Cadbury Committee
(d) Kothari Committee
The concept of marketing that promotes clean and healthy environment by reduction of
ecological degradation is called as :
(a) environmental marketing
(b) green marketing
(c) clean marketing
(d) ecological marketing
The principal center of effective marketing mix is :
(a) identifying right pricing policy
(b) develop the appropriate marketing theme
(c) the mix should match the customer needs
(d) develop a competitive advantage
The segments that company chooses to serve by designing special marketing mixes are called as :
(a) regulated market
(b) special market
(c) concentrated market
(d) target market
…………………………… is a legal contract in which the manufacturer or the producer and the intermediary agree to each members rights and obligations.
(a) Franchising
(b) Dealership
(c) Sole Selling Agency
(d) Exclusive Distributorship
Adequate working capital determines ……………………….. solvency of the firm.
(a) long-term
(b) short-term
(c) medium-term
(d) periodic
Market impact analysis helps in achieving ……………………. objective.
(a) value maximisation
(b) tax savings
(c) moderate dividend
(d) timely decision–making
The process of managing the sales ledger of a client by a financial service company is called :
(a) leasing
(b) forfeiting
(c) factoring
(d) securitisation of debt
The best suited fund to the business people is :
(a) Income fund
(b) Balanced fund
(c) Taxation fund
(d) Growth fund
A combination of forwards by two counterparties with opposite but matching needs is called :
(a) Swap
(b) Option
(c) Forward
(d) Future
Human Resource Management is a part of management which is concerned with :
(a) people at work and with their relationship within an enterprise
(b) planning, organising and controlling of the procurements,compensation of human
resource available
(c) the people dimension limited to wage administration
(d) process of making effective use and allocation of work
Human Resource Management objectives is combination of :
(a) functional and personnel objectives
(b) societal, governmental and organisational objectives
(c) local, state and international objectives
(d) societal, organisational, functional and personnel objectives
Compensation function ensures :
(a) fair remuneration to employers and employees
(b) reasonable, justifiable remuneration for employers
(c) equitable and fair remuneration for employees
(d) reasonable remuneration to all stakeholders
Succession planning refers to :
(a) the process of selection andrecruitment for key positions in the organisation
(b) the process and actions that aim at identifying and developing a pool of potential successors for key jobs in future
(c) the process of performance evaluation of individuals
(d) the process of ensuring suitable supply of individuals for current positions considering future needs
Close ended performance appraisal system is used in :
(a) Cooperative organisations and private organisations
(b) Private organisations and multi-national organisations
(c) Government organisations and public enterprises
(d) Multi-national organisations
The biggest constraint in E-banking is :
(a) Start-up cost
(b) Maintenance cost
(c) Training cost
(d) Security cost
The minimum paid up capital prescribed for setting up of a new banking company is Rs. …………. crores.
(a) 200
(b) 300
(c) 100
(d) 50
Reserve Bank of India is the banker to the Government when it :
(a) controls the credit
(b) advices the Government
(c) issues loans and treasury bills on behalf of Government
(d) issues currency notes
The maximum period for which deposits can be obtained by a non-banking financial company is …………………….. years.
(a) five
(b) eight
(c) three
(d) ten
The exchange rate fixed on the basis of demand and supply of currencies is called ………………………. rate.
(a) flexible
(b) forwards
(c) floating
(d) multiple
A company that links global resources with global markets at profit, produces, markets and invests across the world in an integrated manner is :
(a) Transnational Company
(b) Government Company
(c) Domestic Company
(d) Public Limited Company
……………………… is a double entry system of record of all economic transactions between residents of a country and rest of the world carried out in a specific period of time.
(a) Balance of Payment
(b) Balance of Trade
(c) Currency Balance
(d) Current Account Balance
The risk associated with the host Government’s action like confiscation, nationalisation,
domestication is :
(a) economic risk
(b) political risk
(c) business risk
(d) administrative risk
The introduction of existing technologies to other countries by a developed country through international business operations is :
(a) technological upgradation
(b) technological environment
(c) technological transfer
(d) technological development
Long term contracting out of noncore business processes to an outside provider to help achieve increased shareholder value means :
(a) business process reengineering
(b) business process operation
(c) knowledge process outsourcing
(d) business process outsourcing
