HTET – 2019
1. If Arithmetic Mean and Median of a Series are 10 and 15 respectively, what will be the value of mode
(a) 22.50
(b) 25
(c) 25.82
(d) 22.82
2. Which of the following statement is not true for the difference between cheque and bill of exchange?
(a) A cheque may be crossed but not a bill of exchange.
(b) A cheque is always drawn on a banker, while a bill of exchange may be drawn on any one including a banker.
(c) A grace of three days is allowed in the case of payment of a time bill of exchange, while no grace is given in case of a cheque.
(d) A cheque is a negotiable instrument and covered under the provisions of Negotiable Instrument Act, 1881 but the bill of exchange is not a negotiable instrument.
3. Robert Lauterborn suggested 4 Cs,which do not include :
(a) Customer Solution
(b) Customer Cost
(c) Communication
(d) Credit Terms
4. Which statement is true for the difference in Capital and Revenue Expenditure ?
(a) Capital expenditures are for short run whereas the revenue expenditures are for long run.
(b) Capital expenditures are defined for industry whereas the revenue expenditures are defined for firms.
(c) Capital expenditures are recorded in the books of business whereas the revenue expenditures are need not to record in the books of business.
(d) Capital expenditures increase earning capacity of business whereas the revenue expenditures are incurred to maintain earning capacity.
5. A contract of Insurance is a contract of Uberrimae fidei. What is the meaning of Uberrimae fidei ?
(a) Consensus ad idem
(b) Coercion and fraud
(c) Indemnity and Guarantee
(d) Utmost good faith
6. A bill of Rs. 2,000 for old office furniture sold to Mr. Rajesh was entered in the sales book. The book value of furniture sold was Rs. 2,500. What will be the rectified journal entry ?
(a) Furniture A/c Dr. 2,000
Loss on sale of
Furniture A/c Dr. 500
To Sales A/c 2,500
(b) Sales A/c Dr. 2,000
Loss on Sale of Furniture
A/c Dr. 500
To Furniture A/c 2,500
(c) Sales A/c Dr. 2,500
To Furniture A/c2,500
(d) Furniture A/c Dr. 2,500
To Sales A/c 2,500
7. Who developed a model for predicting bankruptcy by using financial ratios ?
(a) John C. Hull
(b) Edward Altman
(c) Smith and Staple
(d) Lintner
8. From the following, which is not a Major Consumer Promotion Tool” ?
(a) Rebates (Cash Refund Offers)
(b) Patronage Awards
(c) Trade Shows and Conventions
(d) Tie-in Promotions
9. “Trading on Equity” is related to :
(a) Less borrowed funds and more share capital
(b) More borrowed funds and less share capital
(c) Only borrowed funds
(d) Only share Capital
10. From the following, which is not a limitation of Ratio Analysis ?
(a) Possibility of window dressing
(b) Inherent limitation of accounting Records
(c) Aid-in planning and forecasting
(d) Effect of price level changes
11. Yates correction is related to :
(a) t-test
(b) z-test
(c) Chi-square test
(d) F-test
12. “Path-Goal Theory” of Leadership was developed by :
(a) Stephen Robbins
(b) Robert House
(c) F. W. Taylor
(d) Hicks
13. From the following, which managerial role is not a part of Managerial Roles given by Henry Mintzberg ?
(a) Spokesperson
(b) Figurehead
(c) Planner
(d) Negotiator
14. From the following, which aggregate is called “National Income” ?
(a) Net Domestic Product at Market Price
(b) Net National Product at Factor Cost
(c) Gross Domestic Product at Market Price
(d) Gross National Product at Factor Cost
15. Clerical errors include :
(a) Errors of Omission
(b) Errors of Commission
(c) Both (1) and (2)
(d) Errors of Principle
16. What will the Arithmetic Mean of the following series ?
13, 10, 17, 15, 25
(a) 16
(b) 18
(c) 20
(d) 27
17. “The Bird-in-the-Hand Argument” describes the relationship between :
(a) Equity share capital and dividends
(b) Dividends and Taxes
(c) Dividends and Uncertainty
(d) Dividends and Growth of firm
18. If an investment of Rs. 1,000 generates cash inflows of Rs. 1,080 at the end of first year, the rate of return required to equate the present value of cash inflow with the cost of investment will be :
(a) 7.12%
(b) 8%
(c) 8.16%
(d) 7.28%
19. In India, which of the following, Accounting Standard (AS) is related to Cash Flow Statement ?
(a) AS – 1
(b) AS – 3
(c) AS – 4
(d) AS – 2
20. Myers-Briggs Type Indicator (MBTI) is :
(a) A method of identifying change agent
(b) A method of identifying personality types
(c) A method of identifying leadership style
(d) A method of identifying motivation required
21. Match the items of List – I with items of List – II and choose the correct code :
List – I
(A) Hierarchy of Needs theory McGregor
(B) Theory X and Theory Y
(C) Two Factor Theory
(D) Expectancy Theory
(E) Theory of Need
List – II
(i) Douglas
(ii) McClelland
(iii) Abraham Maslow
(iv) Fredrick Herzberg
(v) Victor Vroom
Codes :
(a) (A) (ii), (B) (iii), (C) (iv), (D) (v), (E) (i)
(b) (A) (i), (B) (ii), (C) (iii), (D) (iv), (E) (v)
(c) (A) (iv), (B) (v), (C) (i), (D) (ii), (E) (iii)
(d) (A) (iii), (B) (i), (C) (iv), (D) (v), (E) (ii)
22. What is the difference between Gross Domestic Product (GDP) and Gross National Product (GNP) ?
(a) Net Indirect Taxes
(b) Net Factor Income From Abroad
(c) Depreciation
(d) Net Imports
23. When the consent to an agreement is obtained by coercion, the agreement is voidable at the option of :
(a) Either party to the contract
(b) A party whose consent was so obtained
(c) A party who obtained the consent
(d) Stranger to the contract
24. “Du-Pont Analysis” is not related with :
(a) Return on Capital Employed
(b) Net Profit Margin
(c) Dividend Yield Ratio
(d) Assets Turnover Ratio
25. Fill in the blanks :.
The book “Principles of Scientific Management” written by ……………… and published in year ………….. .
(a) Mary Parker Follet, 1923
(b) Michael Porter, 1992
(c) F. W. Taylor, 1911
(d) F. W. Taylor, 1917
26. As per the Indian Contract Act, 1872, a ‘promise’ is :
(a) A valid offer
(b) A contract
(c) An accepted offer
(d) A valid Agreement
27. “Darshini Hundi” is similar to :
(a) Voucher
(b) Ledger
(c) Demand Bill
(d) Insurance
28. When MV = Maturity Value of debt,
NP = Net Proceeds, n = Number of
years to maturity and R = Annual
interest, then the cost of Debt Capital
(Kd) (before tax) will be :
(a) Kd = (R-((MV+NP)/n))/(((MV-NP)/2) )X100
(b) ) Kd = (R+((MV-NP)/n))/(((MV-NP)/2) )X100
(c) Kd = (R+((MV-NP)/n))/(((MV+NP)/2) )X100
(d) Kd = (R-((MV-NP)/n))/(((MV-NP)/2) )X100
29. “Doctrine of Ultra Vires” is related to :
(a) The Sale of Goods Act, 1930
(b) The Indian Contract Act, 1872
(c) The Companies Act] 2013
(d) The Factories Act] 1948
30. The excess of total capitalization over the real value of long term assets is known as :
(a) Over Capitalization
(b) Under Capitalization
(c) Excess Capital
(d) Watered Capital
31. Which branch of marketing is said to find ways to alter the pattern of demand
through flexible pricing, promotion and other incentives ?
(a) Green Marketing
(b) Synchro Marketing
(c) Holo Marketing
(d) Narrow Marketing
32. From the following, which is not a function of Central Bank ?
(a) Issuing Currency
(b) Banker’s Bank
(c) Credit Control
(d) Credit Creation
33. Which of the following probability distributions, used to describe the behaviour of rare events ?
(a) Poisson’s Distribution
(b) Normal Distribution
(c) Student’s t-Distribution
(d) Binomial Distribution
34. What are “Therbligs” ?
(a) The Gillberth’s classification scheme for labelling 17 basic hand motions
(b) The Mayer’s classification scheme of material handling
(c) The Mayer’s classification based on sop floor level
(d) The Fayol’s classification for span of control
35. In Nine Price-Quality strategies, which strategy is suitable for High Price and Low Quality ?
(a) Super Value Strategy
(b) Over Charging Strategy
(c) False Economy Strategy
(d) Rip-off-Strategy
36. Using “Technical Jargon” in communication, is categorized as :
(a) Physical Barriers
(b) Semantic Barriers
(c) Upward Barriers
(d) Movement Barriers
37. What will be the Karl Pearson’s Coefficient of Correlation between X
and Y as given below ?
X 10 20 30 40 50
Y 50 40 30 20 10
(a) Can not be determined
(b) 0
(c) 1
(d) –1
38. From the following, which ‘Act’ deals with the provisions for Health, Safety and Welfare of Employees/Workers ?
(a) The Minimum Wages Act, 1948
(b) The Factories Act] 1948
(c) The Workmen’s Compensation Act, 1923
(d) The Trade Unions Act, 1926
39. Naveen, Suresh and Tarun are partners sharing profits and losses in the ratio of 5 : 3 : 2. Suresh retires from the firm and his share was acquired by Naveen and Tarun in the ratio 2 : 1. What will be the new profits and losses sharing ratio of Naveen and Tarun ?
(a) 8 : 2
(b) 4 : 7
(c) 7 : 4
(d) 7 : 3
40. The term “Marketing Myopia” is given by :
(a) Michael Porter
(b) Theodore Levitt
(c) Elton Mayo
(d) Abraham Maslow
41. Law of Demand does not operate in case of :
(a) Inferior Goods
(b) Giffen Goods
(c) Normal Goods
(d) Superior Goods
42. The “Margin of Safety” is :
(a) The excess of budgeted or actual sales over the break-even sales volume
(b) The deficit of budgeted or actual sales over the break-even sales volume
(c) Only break-even sales volume
(d) The excess of budgeted sales volume over the actual sales volume
43. From the following, which is not a money market instrument ?
(a) Treasury Bill
(b) Commercial Paper
(c) Preference Share
(d) Call Money
44. Which average can not be calculated with the help of graphical method ?
(a) Median
(b) Mean
(c) Mode
(d) Quartiles
45. A firm is maintaining a provision for bad debts at 5% of debtors and a provision for discounts at 2.5%. If at the end of a year, debtors amounted to Rs. 20,000 the provision for discounts will be :
(a) Rs. 500
(b) Rs. 1,000
(c) Rs. 475
(d) Rs. 750
46. What is the correct sequence of stages in Team Development ?
(a) Storming, Forming, Adjourning, Norming, Performing
(b) Performing, Forming, Adjourning, Norming, Storming
(c) Forming, Storming, Norming, Performing, Adjourning
(d) Adjourning, Forming, Storming, Norming, Performing
47. Fill in the blank :
………….. is a rate of return which actually equates the present value of expected cash inflows with the present value of expected cash outflows.
(a) Internal Rate of Return
(b) Return on Investment
(c) Average Rate of Return
(d) Return on Assets
48. “Hawthorne Studies” are related to :
(a) Chester Barnard and Southern Electric Company
(b) Elton Mayo and Eastern Electric Company
(c) Elton Mayo and Western Electric Company
(d) Chester Barnard and Eastern Electric Company
49. In which sampling method every member or item of the population has an equal chance of selection ?
(a) Simple Random Sampling
(b) Judgment Sampling
(c) Quota Sampling
(d) Convenience Sampling
50. According to the Companies Act, 2013, in Private Limited Company, number of members are :
(a) Minimum : 1, Maximum : 100
(b) Minimum % 2] Maximum : Unlimited
(c) Minimum % 2] Maximum : 5000
(d) Minimum % 2] Maximum : 200
51. “Behaviourally Anchored Rating Scales” (BARS) are also known as :
(a) Behavioural Measurement Scales
(b) Behavioural Expectation Scales
(c) Behavioural Margin Scales
(d) Behavioural Performance Scales
52. Job Description and Job Specification are the two different elements of :
(a) Job Training
(b) Training and Development
(c) Job Analysis
(d) Job Rotation
53. In the year 2005, which expert committee recommended the formation of ‘One Person Company’ (OPC) ?
(a) Vyas Committee
(b) J. J. Irani Expert Committee
(c) H. S. Mishra Expert Committee
(d) Subramanian Expert Committee
54. Employee Assistance Programs (EAPs) are :
(a) Programs offered by organizations to help their employees to overcome personal and health related problems.
(b) Programs offered by Non- Government Organizations (NGOs) to help other employees to overcome financial problems.
(c) Programs offered by Government to help their employees to overcome safety problems.
(d) Programs offered by subsidiary company to help the employees of holding company.
55. Which activity is not included in the Primary Activities of the “Generic Value Chain” ?
(a) Inbound Logistics
(b) Services
(c) Price
(d) Operations
56. ‘Upward Movement’ alongwith same Supply Curve indicates :
(a) Contraction of Supply
(b) Expansion of Supply
(c) Increase in Supply
(d) Decrease in Supply
57. According to the Companies Act, 2013, which Clause is not the part of Memorandum of Association ?
(a) Name Clause
(b) Novation Clause
(c) Liability Clause
(d) Capital Clause
58. If a dividend of 40% is declared on a share of face value of Rs. 10 having market price Rs. 50, then the actual return to the investor will be :
(a) 10%
(b) 8%
(c) 9%
(d) 7%
59. The Security and Exchange Board of India (SEBI) got its statutory status on :
(a) 29 January, 1991
(b) 30 January] 1992
(c) 29 January] 1992
(d) 30 January] 1991
60. The horizontal and vertical axes of “GE Nine Cell Matrix” are :
(a) Economic Feasibility and Price Changes
(b) Business Unit Strength and Economic Feasibility
(c) Economic Attractiveness and Strategic Business Unit
(d) Business Unit Strength and Industry Attractiveness