Maharastra Set 2015 – August

  1. Appointment of independent Directors is the part of corporate governance as per the………….. .
    (a) SEBI
    (b) Government of India
    (c) Indian Companies Act
    (d) RBI
  2. Public Enterprise is defined as :
    (a) An organisation run by Joint efforts of Centre and State Governments
    (b) An organisation which Centers to the needs relating to Public Utilities
    (c) An organisation in which capital is invested by Public
    (d) An organisation owned and managed by Public authorities for definite set of Public Purposes
  3. The Environment Protection Act,came into force from :
    (a) 1986
    (b) 1987
    (c) 1988
    (d) 1991
  4. Who is the Chairman of the 13th Finance Commission ?
    (a) C.R. Rao
    (b) D.S. Sharma
    (c) Vijay Kelkar
    (d) B.K. Chaturvedi
  5. Which one of the following is not the objective of MRTP Act, 1969 ?
    (a) Checking unfair trade practices
    (b) Checking restrictive trade practices
    (c) Checking monopoly
    (d) Promoting competition
  6. Debt-equity ratio is the relationship between outsiders’ fund and………….. .
    (a) Retained earnings
    (b) Shareholders’ funds
    (c) Borrowers’ funds
    (d) Debtors’ fund
  7. Cash Budget is categorised as……….. .
    (a) Operating Budget
    (b) Long-term Budget
    (c) Financial Budget
    (d) Functional Budget
  8. When a partnership is dissolved and the assets are gradually realised, thecash collected is distributed among various claimants as and when it is available, this distribution is called……………. .
    (a) Gradual disbursement
    (b) Gradual distribution
    (c) Piece-meal disbursement
    (d) Piece-meal distribution
  9. ‘Salary paid to employees’ is an example of……………. .
    (a) Revenue Income
    (b) Revenue Expenditure
    (c) Capital Expenditure
    (d) Differed Revenue Expenditure
  10. A company provides you the following information :
    2010-11 2011-12
    Sales Rs.10,00,000 Rs.15,00,000
    Profit Rs.2,00,000 Rs. 3,00,000
    If fixed cost is Rs. 25,000, what will
    be breakeven point ?
    (a) Rs.1,00,000
    (b) Rs.1,52,000
    (c) Rs.1,25,000
    (d) Rs.1,22,000
  11. Which one of the following formulawill be used for computing the priceelasticity of demand ?
    (a) % Change in Quant ity Demanded / % Change in Pr ice
    (b) Cha nge in Qua nt ity Demanded Na t ion a l Income
    (c) % Change in Quant ity Demanded 100
    (d) % Cha nge in Pr ice % Cha nge in Su pply
  12. When the firm is producing 3 tons of Sugar. It receives total revenue of Rs.24,000 Raising Production to 4 tons increase total revenue to Rs. 28,000. Thus marginal revenue is :
    (a) Rs.4,000
    (b) Rs. 8,000
    (c) Rs. 28,000
    (d) Rs. 52,000
  13. The input costs that do not require an outlay of money by the concern called…………… .
    (a) Marginal costs
    (b) Explicit costs
    (c) Implicit costs
    (d) Replacement costs
  14. Which one of the following characteristics is not of competitive market ?
    (a) There are many buyers and many sellers in the market
    (b) The goods offered by the various sellers are homogeneous
    (c) Firms can freely enter or exit the market
    (d) Firms cannot freely enter or exit the market
  15. Total revenue divided by the quantity sold called :
    (a) Revenue
    (b) Total Revenue
    (c) Average Revenue
    (d) Marginal Revenue
  16. A collection of methods that enables us in making decisions about a population based on the sample results is known as :
    (a) Primary data
    (b) Interview
    (c) Questionnaire
    (d) Inferential Statistics
  17. Persons who go to respondents and gather information form them through pre-designed schedules are known as :
    (a) Researcher
    (b) Enumerator
    (c) Systems Analyst
    (d) Data Miner
  18. The collection of original data by the investigator himself is known as :
    (a) Primary data
    (b) Secondary data
    (c) Questionnaire
    (d) Schedule
  19. The collection of data compiled by some one else another than the user,which may be in published form or in unpublished form is known as……………. .
    (a) Primary data
    (b) Secondary data
    (c) Questionnaire
    (d) Schedule
  20. The presentation of classified data in tabular form is :
    (a) the last step in statistical analysis
    (b) the elementary step
    (c) not very important in statistical analysis
    (d) important in statistical analysis
  21. “Any organisation in order to achieve its objectives should form its organisation structure based in activity analysis, decision analysis and relation analysis” is the view of…………….. .
    (a) Koontz and O’Donnel
    (b) Mary Cushing Niles
    (c) Peter Drucker
    (d) Albers
  22. A concept about to achieve the predetermined goal is :
    (a) Control
    (b) Planning
    (c) Evaluation
    (d) Direction
  23. Which is the basic function of management in respect of future management action spring ?
    (a) Organising
    (b) Planning
    (c) Directing
    (d) Controlling
  24. The principle of centralisation as one of the important principles of management was given by :
    (a) Taylor
    (b) Terry
    (c) Urwick
    (d) Fayol
  25. How many purpose has been identified by the Peter R. Drucker about the business ?
    (a) Six
    (b) Four
    (c) Eight
    (d) Ten
  26. Any marketing mechanism’s ultimate objective is to develop :
    (a) Brand
    (b) Process
    (c) Behaviour
    (d) Theory
  27. The concept of marketing mix involves a deliberate and careful choice of organization in terms of product, price, promotion and place strategies and…………… .
    (a) Philosophies
    (b) Policies
    (c) Concepts
    (d) Planning
  28. Sub-dividation of marketing is called as…………….. .
    (a) Segmentation
    (b) Allocation of marketing
    (c) Only segmentation
    (d) Market segmentation
  29. Channel of distribution acts as a linking pool between the producer and……………….. .
    (a) Middlemen
    (b) Final Consumer
    (c) Wholesaler
    (d) Retailer
  30. Which factor comes under internal environment ?
    (a) Economical
    (b) Political
    (c) Financial resources
    (d) Social
  31. According to………………….principle, ideal capital structure should be able to cater to additional requirements of funds in future.
    (a) Control
    (b) Flexibility
    (c) Cost
    (d) Timing
  32. Financial management is a part of…………………….. .
    (a) Business Management
    (b) Financial Accounting
    (c) Management Accounting
    (d) Human Resource Management
  33. Economic life of a plant is 8 years,and its costs are Rs.5,00,000. Annual Saving (cash inflows) is Rs.1,00,000.Hence post payback profit would be :
    (a) Rs. 3,00,000
    (b) Rs.2,50,000
    (c) Rs.4,50,000
    (d) Rs. 2,00,000
  34. When a company is not in a position to distribute dividend in cash due to liquidity problem then company can :
    (a) Distribute profit in cash
    (b) Distribute Assets
    (c) Distribution dividend in the form of bonds
    (d) Distribute property
  35. The cost of preference share capital is after tax which can be converted into……………. .
    (a) Cost before profit
    (b) Cost before tax
    (c) Cost after tax
    (d) Cost before dividend
  36. Which are the operational functions of Human Resource Management ?
    (I) Compensation
    (II) Directing
    (III)Development
    (IV) Integrating
    (a) I, II, III
    (b) II, III, IV
    (c) III, IV, I
    (d) IV, I, II
  37. The Apprentices Act was passed in…………… .
    (a) 1971
    (b) 1948
    (c) 1961
    (d) 1953
  38. Human Resource Management obectives 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
  39. What is the initial step in developing a recruitment action plan ?
    (a) By Position
    (b) By Role
    (c) By Worker
    (d) By Job
  40. The main objective of selection process is……………. .
    (a) Planning
    (b) Communication
    (c) Job evaluation
    (d) Employment
  41. The financial stability of any bank is determined by……………. .
    (a) Capital Adequacy Ratio
    (b) Credit Deposite Ratio
    (c) Current Asset Ratio
    (d) Debt Equity Ratio
  42. The minimum capital required to form a private banking company is…………………crores.
    (a) 1000
    (b) 500
    (c) 200
    (d) 100
  43. Which of the following function is not performed by non-banking financial institution ?
    (a) Issuing loans and advances
    (b) Issuing cheques
    (c) Issuing promissory note
    (d) Issuing bill of exchange
  44. Which of the following functions is not performed by Reserve Bank of India ?
    (a) Control the Credit
    (b) Issue of Currency Note
    (c) Advice to Government
    (d) Loan to Government
  45. All co-operative banks are regulated by………………. .
    (a) R.B.I.
    (b) R.B.I. and State Government
    (c) S.E.B.I. and R.B.I.
    (d) R.B.I. and Central Government
  46. The theory of comparative advantage is developed by :
    (a) Adam Smith
    (b) J.S. Mill
    (c) David Ricardo
    (d) Bertil Ohlin
  47. Component of capital account is :
    (a) Export of goods
    (b) Amortisation
    (c) Private payment
    (d) Insurance
  48. The function of International Monetary Fund (IMF) is :
    (a) To act as a short term credit institution
    (b) To assist the reconstruction and development of the member countries
    (c) To promote the long term balanced growth of international trade
    (d) To provide development finance on easy term to less developed member countries
  49. The principal function of IBRD is :
    (a) To provide a machinery for the orderly adjustment and exchange rates
    (b) To promote the long term balanced growth of international trade and the maintenance of equilibrium in balance of payments
    (c) To provide machinery for international consultation
    (d) To help in stimulating the productive investment of private capital
  50. EXIM Bank of India was set up as a :
    (a) Wholly owned corporation by the RBI
    (b) Wholly owned corporation by the IMF
    (c) Wholly owned corporation by the IDBI
    (d) Wholly owned corporation by the Government