Maharastra Set 2017 – April

  1. Advance estimate data of national accounts for the year is released by :
    (a) SEBI
    (b) CSO
    (c) RBI
    (d) ISI
  2. C.I.I. stands for _________.
    (a) Committee on Indian Industry
    (b) Commission for Indian Industry
    (c) Confederation of Indian Industry
    (d) Conglomeration of Indian Industry
  3. Which of the following is not a major universal environmental problem?
    (a) Global warming
    (b) Ozone depletion
    (c) Soil erosion
    (d) Garbage management
  4. Banking sector reforms have not lead to____________.
    (a) Attractive deposit avenues
    (b) Reduction in NPA
    (c) Easier credit terms
    (d) Better service
  5. VAT was introduced to place_________-.
    (a) Income Tax
    (b) Sales Tax
    (c) Customs Duty
    (d) Excise Duty
  6. Window dressing of Accounts is prohibited by________–.
    (a) Generally Accepted Accounting Principal
    (b) Cost Principal
    (c) Entity Principal
    (d) Matching Principal
  7. Payment of customs duty on import of a machinery for modernization of the factory during the current year is a ________.
    (a) Capital Expenditure
    (b) Revenue Expenditure
    (c) Deferred-Revenue Expenditure
    (d) Unproductive Expenditure
  8. In case the shares are forfeited Capital Account is debited by _________.
    (a) Nominal value of shares
    (b) Paid up amount on shares
    (c) Called up amount on shares
    (d) Uncalled amount on shares
  9. Long term solvency of business is indicated by______.
    (a) Debt equity ratio
    (b) Liquidity ratio
    (c) Capital gearing ratio
    (d) Current ratio
  10. The Break-Even Analysis may be described as__________.
    (a) Production and sales equation
    (b) Comparison between budget and actual utilisation
    (c) Sales and total costs equation
    (d) Capacity level equation
  11. Which of the following is not a determinant of a demand for a particular commodity?
    (a) Market price
    (b) Price expectations
    (c) Income of buyers
    (d) Technology
  12. If a business firm sells all its units of output at singal uniform price,then its:
    (a) AR = MR
    (b) AR > MR
    (c) MR > AR
    (d) MR < AR
  13. ‘Price Leadership’ is a salient feature of:
    (a) Monopoly
    (b) Duopoly
    (c) Oligopoly
    (d) Monopolistic competition
  14. In the long run, all firms in the perfectly competitive market get:
    (a) Super normal profit
    (b) Book profit
    (c) Excess profit
    (d) Normal profit
  15. The law of variable proportion of proportion of production is applicable in: ?
    (a) Long period
    (b) Market period
    (c) Short period
    (d) Very long period
  16. Statistics is concerned with______________.
    (a) Quantitative data
    (b) Qualitative data
    (c) Both a and b
    (d) (a) or (b)
  17. Sex ratio in a country almost remains the same to law of __________
    (a) Persistence
    (b) Validity
    (c) Inertia o large numbers
    (d) Statistiacl regularity
  18. Tally market deteremine_______.
    (a) Class width
    (b) Class frequency
    (c) Class boundery
    (d) Class limit
  19. Skewness arises due to_________.
    (a) Symmetry
    (b) Asymmetry
    (c) Dispersion
    (d) Fluctuation
  20. The extent and the nature of linear relation is known by coefficient of ________.
    (a) Correlation
    (b) Variation
    (c) Regression
    (d) Determination
  21. Strategy is a component of :
    (a) Directing
    (b) Planning
    (c) Organising
    (d) Co- ordinating
  22. Decentralisation of authority is a form of:
    (a) Organisation structure
    (b) Planning mechanism
    (c) Direction
    (d) Control process
  23. The managerial grid model was developed by:
    (a) Fiedler
    (b) Hersey and Blanchard
    (c) Tannenbaum and Schmidt
    (d) Black and Mouton
  24. Find the odd one out.
    The steps involved in the communication process are:
    (a) Encoding
    (b) Idea Generation
    (c) Strategy formulation
    (d) Decoding
  25. Which one of the following is not Fayol’s principal of management ?
    (a) Delegation of Authority
    (b) Unity of Direction
    (c) Scalar Chain
    (d) Unity of command
  26. Marketing means meeting the needs of_____Profitably.
    (a) Distributors
    (b) Suppliers
    (c) Customers
    (d) Government
  27. A market segment is a meaningful buyer’s group having_________wants.
    (a) Similar
    (b) Dissimilar
    (c) Unique
    (d) Different
  28. Which of the following factors is not included in the macro-environmental factors?
    (a) Economic
    (b) Technological
    (c) Organisational
    (d) Cultural
  29. The value of a brand expressed in terms of money is referred as_______.
    (a) Brand equity
    (b) Brand Loyalty
    (c) Brand Personality
    (d) Brand Image
  30. Which of the following factors is not the external factor influencing the pricing decision?
    (a) Competitive prices
    (b) Government Taxes
    (c) Organisational Objectives
    (d) Consumer Expectations
  31. While evaluating capital investment proposals, the time value of money is considered in case of:
    (a) Pay back method
    (b) Discounted cash flow method
    (c) Accounting rate of return method (ARR)
    (d) All of the above
  32. Which of the following sources is not short term source of Net Working Capital?
    (a) Trade Creditors
    (b) Credit papers
    (c) Bank Overdraft
    (d) Term Loans
  33. The M.M. Hypothesis is based on one of the following assunptions?
    (a) Existences of taxes
    (b) Irrational behaviour of investors
    (c) Existence of perfect capital market
    (d) Existence of risk and uncertainty
  34. The projects cost of capital is the_______rate of return on the funds committed to project.
    (a) Market
    (b) Minimum
    (c) Optimum
    (d) Maximum
  35. The term capital structure refers to proportionate relationship between:
    (a) Assets and Liabilities
    (b) Non-Current assets and Non- current liabilities
    (c) Debt and Equity
    (d) Equity and preference share capital
  36. Transaction Analysis technique was developed by:
    (a) Mayo
    (b) Drucker
    (c) Berne
    (d) Herzberg
  37. Providing creches in factories employing more than____ women is compulsory under the factories Act.
    (a) 100
    (b) 250
    (c) 300
    (d) 500
  38. Which one of the following is a personality Test?
    (a) Aptitude test
    (b) Achievement test
    (c) Interest test
    (d) Intelligence test
  39. It is obligatory on the part of the employer to provide canteen in establishment which employ more than___workers.
    (a) 250
    (b) 500
    (c) 100
    (d) 300
  40. Application Blank does not serve which of the following purpose?
    (a) Provides candidate’s formal introduction
    (b) Provides data regarding job performance of a candidate
    (c) Provides data in uniform formats
    (d) Generates data which can serve as a basis for dialogue during the interview
  41. In India a bank is classified as scheduled bank if:
    (a) It is listed on stock exchange
    (b) It has minimum 1000 branches
    (c) It is included in the second schedule of RBI Act,1934
    (d) It has deposits of Rs.one crore and above
  42. Rationing of credit is an instrument of:
    (a) Open market operations
    (b) Selective credit controls
    (c) Quantitative credit controls
    (d) Credit creation
  43. Which of the following institutions is called as ‘Lender of last resort” with reference to bank in India?
    (a) NABARD
    (b) SEBI
    (c) RBI
    (d) SBI
  44. Narsimham Committee (I) recommended to reduce SLR in five years from the level of 38.5% To:
    (a) 20%
    (b) 35%
    (c) 25%
    (d) 15%
  45. The wholly owned subsidiary of SIDBI is:
    (a) SBI
    (b) RRB
    (c) MUDRA
    (d) RBI
  46. International Bank for Reconstruction and Development is popularly known as:
    (a) EXIM Bank
    (b) World Bank
    (c) International Monetary Fund
    (d) International Bank of Finance
  47. Which of the following will have least impact on International Business?
    (a) Political Policies
    (b) Fiscal Policies
    (c) Economic Policies
    (d) Judicial Policies
  48. Which of the following is not a component of Balance of Payment statement?
    (a) Current Account
    (b) Profit and Loss Account
    (c) Capital Account
    (d) Official Reserve Account
  49. Capital account of a Balance of Payment does not include:
    (a) Loans
    (b) Investments
    (c) Other transfer of Financial assets
    (d) Future Agreements
  50. Which Conference gave birth to IMF?
    (a) Uruguay Conference
    (b) Doha Conference
    (c) Bretton Woods Conference
    (d) Geneva Conference

    Answer Key

    1 (b) 2 (c) 3 (d) 4 (b) 5 (b) 6 (a) 7 (a) 8 (c) 9 (b) 10 (c) 11 (d) 12 (a) 13 (c) 14 (d) 15 (c) 16 (c) 17 (c) 18 (b) 19 (b) 20 (a) 21 (b) 22 (a) 23 (d) 24 (c) 25 (a) 26 (c) 27 (a) 28 (c) 29 (a) 30 (c) 31 (b) 32 (d) 33 (c) 34 (b) 35 (c) 36 (c) 37 (9) 38 (9) 39 (a) 40 (b) 41 (c) 42 (b) 43 (c) 44 (c) 45 (c) 46 (b) 47 (d) 48 (b) 49 (d) 50 (c)

    9= No option is correct or question is wrong