- The process of exploring the strategic implications of global warming is best described as :
(a) External Environmental Analysis
(b) Scenario Planning
(c) Future Forecasting
(d) PESTLE Analysis - Assertion (a) : Growth over time is an economic objective for all the enterprises.
Reason (R) : It is not necessary for the business to grow bigger, but it is necessary that it
constantly grows better.
(a) A is true but R is false
(b) Both A and R are false
(c) Both A and R are true and R is the correct explanation of A
(d) A is false and R is true - Global sourcing is needed for
i) Improving the productive efficiency
ii) Increasing inflow of FDI
iii) Reducing the purchase cost
iv) Increasing the import of human resources
(a) i and iii
(b) ii and iv
(c) iv and i
(d) i, ii and iii - Match the following :
List-I (Committee) List-II (Purpose) 1. Mahajan Committee a. Pension scheme 2. Abhijjit Sen b. Long term Committee food policy 3. Y-V Reddy c. Sugar Committee Industry 4. Dave Committee d. Review of Income Tax rebates 1 2 3 4
(a) 1-a 2-b 3-c 4-d
(b) 1-c 2-b 3-d 4-a
(c) 1-d 2-c 3-a 4-b
(d) 1-b 2-c 3-a 4-d - What is the target that has been fixed for service sector share in GDP under “India vision – 2020” ?
(a) 12
(b) 35
(c) 46
(d) 52.5 - The practice of appending notes regarding contingent liabilities in accounting statements is in pursuance to
(a) Convention of consistency
(b) Convention of conservatism
(c) Convention of materialism
(d) Convention of disclosure - Cash Flow statement is :
Statement-1 (S1) : An estimate of cash receipts and payments during a given period of time
Statement-2 (S2) : Based on accrual basis of accounting
(a) Both S-1 and S-2 are correct
(b) S-1 is correct and S-2 is false
(c) S-1 is false and S-2 is correct
(d) Both S-1 and S-2 are false - Match the following Ratios :
1. Current Ratio a. Net sales /Current Assets 2. Acid Test Ratio b. Current Assets /Current Liabilities 3. Working Capital c. Net sales /Turnover Ratio Inventory 4. Inventory turnover d. Quick Assets / Ratio Current Liabilities (a) 1-c, 2-a, 3-b, 4-d
(b) 1-b, 2-d, 3-a, 4-c
(c) 1-d, 2-b, 3-c, 4-a
(d) 1-b, 2-a, 3-d, 4-c - What is the amount of average stock, if sales are Rs. 4,00,000, stock turnover is 10 and gross profit is 25 percent ?
(a) Rs. 40,000
(b) Rs. 30,000
(c) Rs. 32,000
(d) Rs. 25,000 - The marginal cost equation can be derived as follows :
a) Sales = Variable cost + Contribution
b) Sales = Variable cost + Fixed cost
c) Sales = Fixed cost } Profit / Loss
d) Sales = Variable cost + Fixed cost } Profit / Loss
(a) ‘a’ and ‘b’
(b) ‘a’ and ‘c’
(c) ‘b’ and ‘c’
(d) ‘a’ and ‘d’ - Change in cost brought about by the changes in production process or activity is known as
(a) Marginal cost
(b) Sunk cost
(c) Incremental cost
(d) Opportunity cost - Slope of a curve is also known as
(a) Marginal
(b) Derivative
(c) Intercept
(d) 1 & 2 - Which of the following statements is/are true ?
1. Demand is elastic at higher price
2. Price elasticity of demand is zero when demand curve is horizontal to ‘x’ axis
3. Demand is unitary elastic when MR is zero
4. Price elasticity of demand is ‘∝’
When demand curve is vertical to X-axis.
(a) None
(b) 1 & 3
(c) 2 & 4
(d) 1, 2, 3 & 4 - Assertion (a) : As more units of a variable input are used with a fixed amount of other inputs, after a point a smaller and smaller return will accrue to each additional unit of the
variable input
Reason (R) : This occurs because each additional unit of the variable input has more and more of the fixed inputs with which to work
(a) Both (a) and (R) are correct
(b) Both (a) and (R) are incorrect
(c) (a) is correct (R) is incorrect
(d) (a) is incorrect (R) is correct - Match the following :
1. Perfect a. Differentiated competition product 2. Monopoly b. Iron & Steel 3. Monopolistic c. Unique product competition 4. Oligopoly d. Homogeneous product (a) 1-c 2-d 3-a 4-b
(b) 1-d 2-b 3-c 4-a
(c) 1-d 2-b 3-a 4-c
(d) 1-d 2-c 3-a 4-b - Correlation can not be studied between
(a) Production of cereals and their imports
(b) Supply of sugar and its price
(c) Fathers and Sons
(d) Production of sugarcane and Motor cars - If an increase in a variable is always followed by a corresponding proportional change in the other related variable, it is
(a) Positive correlation
(b) Negative correlation
(c) Perfect correlation
(d) Perfect negative correlation - All dots on Galton Graph lie on a straight line. Then correlation is
(a) Perfect
(b) Direct
(c) Inverse
(d) Unity - The path to display the VAT amount paid by the company is
(a) Gateway of Tally→ VAT computation → Display →Tally reports
(b) Gateway of Tally → VAT reports → Display → VAT computation
(c) Gateway of Tally → Tally reports → Display → VAT computation
(d) Gateway of Tally → Display → Tally reports → VAT computation - Splitting a window can be done by :
(a) Click file → Custom → Split
(b) Click help → Window → Split
(c) Click format → View → Split
(d) Click view → Window → split - To safeguard this management principle of Henry Fayol gangplank method is used
(a) Unity of command
(b) Unity of direction
(c) Order
(d) Scalar chain - Power is characterized by
i. Quality of the person
ii. Non-delectability
iii. Good definition
iv. De jure concept
(a) i and iv
(b) i and iii
(c) i and ii
(d) iii and iv - Assertion (a) : The market researcher does survey and advises marketing manager for new
products.
Reason (R) : Staff authority means the stick carried in the hand for direct command over subordinates.
(a) A is correct but R is wrong
(b) Both A and R are correct
(c) A is wrong but R is correct
(d) Both A and R are wrong - Arrange the following in order of their derivation
(a) Vision, Mission, Goals, Objectives, Strategies
(b) Mission, Vision, Objectives, Goals, Strategies
(c) Vision, Mission, Objectives, Goals, Strategies
(d) Mission, Vision, Goals, Objectives, Strategies - Match the following theories with their proponents
i. Need hierarchy a. Alderfer theory ii. Two-factor theory b. Victor Vroom iii. Expectancy theory c. Herzberg iv. ERG theory d. Maslow (a) i-a ii-b iii-c iv-d
(b) i-b ii-a iii-d iv-c
(c) i-c ii-a iii-b iv-d
(d) i-d ii-c iii-b iv-a - ‘Safer driving saves your family’ is a slogan used by government to create awareness among risky drivers. This slogan belongs to :
(a) Green marketing
(b) White marketing
(c) Environmental marketing
(d) Social marketing - Which of the following are examples to marketing
i. Customer satisfaction
ii. Coercion
iii. Exchange
iv. Self-production
(a) i and iv
(b) ii and iii
(c) i and iii
(d) ii and iv - The new product development process consists of the following steps :
(a) Idea screening, Concept testing, Idea generation, Product design, Product testing, Product
launch
(b) Idea generation, Idea screening, Product testing, Concept testing, Product design, Product launch
(c) Idea generation, Idea screening, Concept testing, Product design, Product testing, Product
launch
(d) Idea screening, Idea generation, Concept testing, Product testing, Product design, Product launch - Match the following :
i. Pull type promotion a. Directed at dealers and sales force ii. Push type b. Motivating promotion the consumer by giving incentives iii. Advertising c. Oral presentation iv. Personal selling d. Non-personal presentation (a) i-b ii-a iii-d iv-c
(b) i-a ii-b iii-c iv-d
(c) i-b ii-a iii-c iv-d
(d) i-d ii-a iii-b iv-c - The discount rate, which equals the present value of future cash inflows with the investment of a project, is known as
(a) Payback period
(b) Average Rate of Return
(c) Internal Rate of Return
(d) Profitability Index - An increase or decrease in the amount of debt in the capital structure has no effect on the total market value of the firm under the
(a) Net income approach
(b) Net operating approach
(c) Traditional approach
(d) Miller-Modigliani approach
(a) ‘a’ and ‘b’
(b) ‘b’ and ‘c’
(c) ‘b’ and ‘d’
(d) ‘a’ and ‘c’ - ABC Limited issues 5,000, 8% debentures of Rs.100 each at a premium of 10%. The costs of
floatation are 2% and the tax rate applicable to the company is 60%. The cost of debt capital is
(a) 2.26
(b) 2.46
(c) 2.96
(d) 3.26 - Assertion (a) : The term working capital represents the amount of funds invested in current
assets and it is referred to as gross working capital
Reason (R) : Current assets are those assets which are normally expected to be converted into
cash within an accounting year
(a) Both ‘A’ and ‘R’ are correct
(b) ‘A’ is correct and ‘R’ is wrong
(c) ‘A’ is wrong and ‘R’ is correct
(d) Both ‘A’ and ‘R’ are wrong. - Alexander of Leighton enumerates five major determinants of morale which are
1. Confidence of the individual members in the purpose of the group
2. Confidence of the different members of the group in the leadership and the ability of the
leadership
3. Confidence of the individual members in their fellow workers
4. Organizational efficiency
(a) 1, 2, 3 and 4
(b) 1, 3 and 4
(c) 1, 2 and 4
(d) 2, 3 and 4 - Under training and development the human resource system covers
(a) Job design and evaluation
(b) Recruitment and selection
(c) Training and development
(d) All of these - Match the following
Part-A Part-B (Functions of personnel management) (Main function) a. Management function 1. Human r e s o u r c e planning b. Advisory function 2. Advise the departmental officers c. Executive function 3. Appointment of labour and employee d. Selection function 4. Personnel planning Codes : (a) (b) (c) (d)
(a) 2 3 1 4
(b) 1 2 3 4
(c) 3 1 2 4
(d) 4 2 3 1 - Match the following :
Part-A Part-B a. Elmar H. Burak 1. Strategies for manpower planning and programme b. Smith and Walker 2. Business planning is people planning c. Richard B. Frantzerb 3. Human resource planning – forecasting manpower needs d. Douglas B. Gehrman 4. Objective based human resource planning Codes : (a) (b) (c) (d)
(a) 1 3 2 4
(b) 1 2 3 4
(c) 3 1 2 4
(d) 4 2 3 1 - Banks show provision for income tax under
(a) Contingency accounts
(b) Contingent liabilities
(c) Other Liabilities and Provisions
(d) None of the above - Banks should transfer the following percentage of profits to statutory reserve
(a) Not exceeding 20%
(b) At least 20%
(c) 20%
(d) None of the above - The following is not the function of RBI
1. Currency issue
2. Credit control
3. Supervision of Banks
4. Regulation of Banks
5. Auditing of Banks
(a) 4 and 5
(b) 3, 4 and 5
(c) 4 only
(d) 5 only - Match the following :
a. IDBI 1. 1982 b. NABARD 2. 1935 c. RBI 3. 1994 d. ICICI 4. 1964 Codes : (a) (b) (c) (d)
(a) 1 2 3 4
(b) 4 1 2 3
(c) 4 3 2 1
(d) 3 2 1 4 - Match the following
a. ICICI 1. Investing b. HUDCO 2. H o u s i n g Development c. GIC 3. Insurance d. ECGC 4. Trade Codes : (a) (b) (c) (d)
(a) 1 2 3 4
(b) 4 3 2 1
(c) 2 1 4 3
(d) 1 2 4 3 - When exporter has agreed to give credit to the foreign buyer, he draws bill of exchange called
(a) Usance Draft
(b) Sight Draft
(c) Bill of Lading
(d) Demand draft - Power Distance Index (PDI) of 77 compared to the world average of 56.5 for India indicates
(a) High level of inequality of power and wealth within the society
(b) Low level of inequality of power and wealth within the society
(c) High level of political corruption
(d) Low level of Human Development Index - Match the following list of World Bank administrative set up
List-I List-II a. Board of 1.7 Members Governors b. Board of 2. 21 Members Directors c. Permanent 3. One Governor Member of World Bank d. Advisory 4. 5 Members Council (a) 1-a, 2-b, 3-c, 4-d
(b) 1-c, 2-b, 3-d, 4-a
(c) 1-d, 2-c, 3-a, 4-b
(d) 1-b, 2-c, 3-a, 4-d - LIBOR means
(a) London Interbank Bid Rate
(b) London Interbank Offer Rate
(c) London International Banking Rate
(d) London Inter-banking Original Rate
Read the passage and write the answers for the question from 47 to 50.
The XYZ Co. is a toothpaste manufacturer and marketer across India. Its sales are Rs.1000 crores out of Rs.10,000 crores in India. It’s competitors are many in number. Neemstick and Ayurvedic powder are also being used by customers. The toothpastemarket is varying in their characteristics and buying behavior and hence dividing the market into different small markets is
recommended. However, since, XYZ Co. can not serve all the markets, it selected only few markets to serve and fixed the locus of the product offer in the minds of customers markets. - What is called the sales of Rs.1,000 crores of XYZ Co. when compared to Rs.10,000 crores of sales in India.
(a) Sales share
(b) Industry share
(c) Market share
(d) Micro market share - Dividing the toothpaste market into various small markets is called
(a) Differentiation
(b) Diversification
(c) Segmentation
(d) Division - Selecting only few markets by XYZ Co. is called
(a) Market targeting
(b) Market segmenting
(c) Market differentiation
(d) Market diversification - Fixing the locus of the product in the minds of selected market by XYZ Co. is called
(a) Market targeting
(b) Psychographic segmentation
(c) Standardization
(d) Positioning