UGC NET JRF Commerce 2020 October First Shift
- ‘Constraint Optimization’ is closer to which of the following objectives of business firm?
(a) Sales maximization
(b) Profit maximization
(c) Satisfying behaviour
(d) Rent seeking behaviour - As per Carroll Model, the four levels of Corporate Social Responsibility are:
A Physical, Economic, Social and Legal
B Physical, Economic, Legal and Ethical
C Philanthropic, Economic, Legal and Ethical
D Philanthropic, Economic, Social and Ethical - Which among the followings are correct statements with regard to NBFC in India?
(A) All NBFCs should be registered with RBI
(B) NBFC cannot accept demand deposits
(C) NBFCs do not form part of the payment and settlement system and cannot issue cheques drawn on itself.
(D) Deposit insurance facility of Deposit Insurance and credit Guarantee Corporation is not available to depositors of NBFCs
Choose the correct options given below:
(a) (A), (B) and (C) only
(b) (A), (B), (C) and (D) only
(c) (A), (B) and (D) only
(d) (A), (D) only - Which of the following explains the declining slope of indifference curves?
(A) Diminishing Marginal Utility Diminishing Marginal Rate of substitution between the commodities
(B) Diminishing Marginal Rate of technical substitution
(c) Ordinal measurement of utilities
(D) Diminishing Marginal utility of money
Choose the most appropriate answer from the options given below:
A (A) and (D) only
B (B) and (D) only
C (C) and (D) only
D (A) and (E) only - Which of the following statements is “true” in partnership?
(A) In the absence of any provision in the partnership deed, only a working partner is entitled to remuneration
(B) Any firm which earns normal profit has no goodwill.
(C) The business of the firm must be carried on by all the partners.
(D) Interest on loan given by a partner to firm shall be paid if there are profile. - Given below are two statements: One is labelled as Assertion (A) and the other is labelled as Reason (R).
Assertion (A): Firms opt for buying an asset if the equivalent annual cost of ownership and operation is less the best lease rate it can get.
Reason(R): Operation leases are attractive to equipment users if the leases payment is less than the user’s equipment.
In the light of the above statements, choose the most appropriate answer from the options given below:
(A) Both(A) and (R) are correct and (R) is the correct explanation of (A)
(B) Both (A) and (R) are correct but (R) is not the correct explanation of (A)
(C) (A) is correct but (R) is not correct
(D) (A) is not correct but (R) is correct - Arrange the following financing choices in order of preference suggested by the pecking order theory
(A) Reinvestment of earnings
(B) New issue of equity
(C) Issue of debt
Choose the correct answer from the options given below:
(a) (A),(B),(C)
(b) (A),(C),(B)
(C) (B),(C),(A)
(d) (B),(A),(C) - Match List I with List II
List I List II (Authors) (Ideas) (A)Bill Bishop (i) Managing in the Market Space (B)D Bird (ii) Commonsense Direct Marketing (C) Daniel S. Jonal (iii) Strategic Marketing for the digital age (D) Jeffery F. Rayport (iv) Online marketing Choose the correct answer from the options given below:
(a) (A) –(iii), (B) –(ii), (C)-(iv), (D)-(i)
(b) (A) –(i), (B) –(ii), (C)-(iii), (D)-(iv)
(c) (A) –(ii), (B) –(i), (C)-(iv), (D)-(iii)
(d) (A) –(iv), (B) –(iii), (C)-(ii), (D)-(i) 
- Who coined the term ‘Collective Bargaining’?
A Reed Richardson
B Kurt Lewin
C W. E. Deming
D Sydney Webb and Beatrice Webb - In Leontief production function, L is considered as:
A Structural constraint in the production process
B Degree of homogeneity
C Binding constraint in the production process
D Optimisation constraint in the production process - Which of the following are positional averages?
(A) Arithmetic means
(B) Median
(C) Mode
(D) Geometric mean
(E) Harmonic mean
Choose the most appropriate answer from the options given below:
(a) (B),(C) only
(b) (B),(C),(D) only
(c) (B),(C),(A) only
(d) (A),(B),(C),(D)only - Out of the following statements. which is not correct about the RTI Act. 2005?
(A) The RTI Act come into force from October 13, 2005.
(B) Any citizen may request information from a public Authority(Both Govt. and Private)
(C) Reply for information asked can be given within 30 days
(D) There is a nominal application fee that are needs to pay to get information under the RTI application.
(E) for getting information, applicant has to pay Rs.10/-per page of information for central govt. Departments
Choose the correct answer from the options given below:
(a) (A),(B),(E) only
(b) (B),(E) only
(c) (C),(E) only
(d) (B),(C),(D),(E)only. - EPRG framework International business refer to
(a) Ethno, Poly, Regio, Geo, Transformations
(b) Ethnocentric, Polycentric, Regiocentric, and Geocentric Orientations
(c) Ethics, Policies, Regulations, Guidelines Orientations
(d) Every Person Refers Global Framework - The Human Relations Approach rejected the ‘rabble hypothesis’ by giving which of the following arguments?
A The worker does not work for money only
B A worker operates in a techno-economic system with no room for emotions
C Authoritarian style of leadership is more productive
D Individual pays attention to self-achievement irrespective of informal group norms - Arrange the following steps of marketing process in proper sequence
(A) Construct an integrated marketing programme that delivers superior value
(B) Capture value from customers to create profiles and customer quality
(C) Understand the market place and customer needs and wants
(D) Design a customer value driven marketing strategy
Choose the correct answer from the options given below:
(a) (C),(A),(E),(D),(B)
(b) (B),(E),(A),(C),(D)
(c), (D),(A),(B),(C),(E)
(d) (C),(E),(A),(D),(B) - Which of the following are true about delivering customer value?
(A) A company can go alone in creating customer value
(B) Company must work within a broader network of partners to accomplish customer value.
(C) Individual companies and brands compete, their entire value delivery networks don’t.
(D) Individual companies and brands don’t compete, their entire value delivery networks do.
(E) Value = Contribution/cost (offer higher contribution through product or service to clients and lowers the cost)
Choose the correct answer from the options given below:
(a) (A),(E) only
(b) (A),(B),(E) only
(c) (B),(C),(E) only
(d) (B),(D),(E)only - In which of the following situations the payback period method is advice for evaluation of investment opportunities?
(A) Overleveraged business
(B) Cash rich business
(C) Uncertain market conditions
(D) Stable market conditions
Choose the correct answer from the options given below:
(a) (A),(B) only
(b) (A),(C)only
(c) (B),(C) only
(d) (C),(D),only - Match list 1 with list 2
List 1 List 2 (A) Limited liability partnership (1) It can be formed with a minimum of two individual or body corporate through their nominees. (B) Particular Partnership (2) It is formed for a specific venture or for a particular nominees. (C) Partnership (3) It is an association of two or more individuals. (D) Mutual agency (4) A partner is both an agent and a principal in a partnership firm. Choose the correct answer from the options given below:
(A) (A)-(1),(B)-(2),(C)-(3),(D)-(4)
(B) (A)-(2),(B)-(3),(C)-(1),(D)-(4)
(C) (A)-(2),(B)-(1),(C)-(3),(D)-(4)
(D) (A)-(4),(B)-(2),(C)-(1),(D)-(3) - Given below are two statements.
Statement (I): Monetary policy causes a deliberate change in government revenue and expenditure with a view to influencing the price level and the quantum of national output.
Statement (II): Fiscal policy regulates the money supply and the cost and availability of credit.
In the light of the above statements, choose the most appropriate answer from the options given below:
(a) Both Statement (I) and Statement (II) are correct
(b) Both Statement (I) and Statement (II) are incorrect
(c) Statement (I) is correct but Statement (II) is incorrect
(d) Statement (I) is incorrect but Statement (II) is correct - Under which action of information Act of 2000, update in 2008, stealing any digital asset or information is considered as cyber crime?
(A) 65
(B) 65-D
(C) 67
(D) 70 
- The portfolio theory articulates diversification to reduce which of the following risks?
(a) Market risk
(b) Financial risk
(c) Unsystematic risk
(d) Business risk - Which one is false as per the relevant provisions of the Indian contract Act,1872?
(a) A void agreement is one that is not enforceable by law
(b) Assignment is the obvious mode of discharge of a contract
(c) Where a party waives its rights under the contract the other party is released of its obligations under the contract
(d) Where the subject matter of a contract is destroyed for no fault of the promisor, the contract does not become void by impossibility of performance - Arrange the following steps in logical sequence of operation of the arbitrage pricing theory(APT)
(a) Estimate the factor sensitivities
(b) Estimate the risk premium for factor(s)
(c) Identify the Macroeconomic factor
Choose the correct answer from the options given below:
(a) (A),(B),(C)
(b) (B),(A),(C)
(c) (C),(B),(A)
(d) (C),(A),(B) - Which one is the correct sequence implied in the Indian contract Act 1872?
(A) Offer of proposal
(B) Contract
(C) Promise
(D) Acceptance
Choose the correct answer from the options given below:
(a) (C),(E),(A),(D),(B)
(b) (D),(B),(C),(A),(E)
(c) (B),(D),(C),(E),(A)
(d) (A),(E),(C),(D),(B) - Arrange the following stages of research in a proper sequence:
(A)Report Writing
(B) Budgeting
(C)Data collection
(D) Field work
(E) Research outcomes
Choose the correct answer from the options given below:
(a) (B),(D),(C),(E),(A)
(b) (D),(A),(B),(C),(E)
(c) (D),(C),(B),(E),(A)
(d) (B),(E),(D),(C),(A) - Arrange the following initiatives taken by the government of India to tackle the non performing assets in their ascending order of chronology:
(A) Corporate Debt Restructuring
(B) Compromise Settlement
(C) The debt recovery tribunals (DRTs)
(D) Credit Information bureau
(E) SARFAESI Act
Choose the correct answer from the options given below:
(a) (C),(D),(A),(B),(E)
(b) (A),(B),(E),(C),(D)
(c) (C),(D),(B),(E),(A)
(d) (D),(C),(B),(E),(A) - As per Section 80G maximum deduction allowed for any cash donation is upto
(a) Rs.1,000
(b) Rs.2,000
(c) Rs.5,000
(d) Rs.10,000 - Arrange the following products in the increasing order of price elasticities
(A) Homogeneous products
(B) Differentiated products
(C) Necessities
(D) Durable goods
Choose the correct answer from the options given below:
(a) (C),(B),(D),(A)
(b) (A),(B),(C),(D)
(c) (A),(C),(B),(D)
(d) (C),(A),(B),(D) - If an estimated Cobb-Douglas production function is Q = 10K0.6 L0.8, what type of returns to scale does this production function indicate?
A Increasing returns
B Decreasing returns
C Constant returns
D Negative returns - Which of the following is/are condition(s) for price discrimination of produce
Firms must have some monopoly power
Price elasticities of demand for the product in different market must differ
Market must be separable or able to be segmented
Free entry and exit of firms
Choose the correct answer from the options given below:
(a) a and d only
(b) c and d only
(c) a, c and d only
(d) a, b and c only - Given below are two statements: One is labelled as Assertion )A) and the other is labelled as Reason(R)
Assertion(A): Trade mark registration gives exclusive proprietary rights to the trademark owner.
Reason(R): A trademark is a recognizable sign. design or expression which identifies products or services of a particular source from those of others and are used to claim exclusive proprietary rights of products or services
In the light of the statements choose the correct answer from the options given below:
(a) Both (A) and (R) are true and (R) is the correct explanation of (A)
(b) Both (A) and (R) are true but (R) is NOT the correct explanation of (A)
(c) (A) is true but (R) is false
(d) (A) is false but (R) is true - Arrange in the sequence of decisions in manufacturing enterprises:
(A) Making of forecast
(B) Determination of key factor
(C) Consideration of alternative combination of forecasts
(D) Preparation of budgets
(E) Combination of factors
Choose the most appropriate answer from the options given below:
(a) (A),(B),(C),(D)
(b) (C),(A),(E),(D)
(c) (B),(A),(C),(D)
(d) (A),(C),(B),(D) - Match list 1 with list 2
List 1 List 2 (A) I am not ok, you are not ok 1. Dependent (B) I am ok, you are not ok 2. Confronting (C) I am ok, you are ok 3. Withdrawn (D) I am not ok, you are ok 4. Task obsessive Choose the correct answer from the options given below:
(a) (A)-3,(B)-4,(C)-2,(D)-1
(b)(A)-3,(B)-2,(C)-4,(D)-1
(c)(A)-1,(B)-2,(C)-3,(D)-4
(d)(A)-2,(B)-1,(C)-3,(D)-4 - Which one of the following statements is true for the set off and carry forward of loss under the head “house property in India?
(a) Can be carried forward for 8 years
(b) Can-not be carried forward
(c) Can be carried forward for 4 years
(d) Can be carried forward infinitely - Which one of the following is not a major direct selling company in India?
(a) Eureka Forbes
(b) Amway India Enterprises
(c) Modicare
(d) Hindustan Unilever Ltd - What type of defense mechanism is used by a person when he gets angry at his child or spouse because he had a bad day at work?
(A) Denial
(B) Repression
(C) Projection
(D) Displacement
(E) Regression
Choose the most appropriate answer from the options given below:
(a) (A) and (B) only
(b) (B) only
(c) (D) only
(d) (E) only - Which of the following does not come under the definition of “Information” under RTI Ac,2005?
(a) Log books
(b) Circulars
(c) File nothing in the process
(d) Data material held in any electronic form - In which of the following stages of product life cycle, a company reduces sales promotion to take advantage of heavy consumer demand?
A Introduction
B Growth
C Maturity
D Decline - Match list 1 with list 2
List 1 List 2 Authors of trade theory Name of theory (A) Steffan Linder 1. Product life cycle theory (B) Raymond Vernon 2. Country similarity theory (C) Hecksher Ohlin 3. Absolute Advantage theory (D) Adam Smith 4. Factor proportion theory Choose the correct answer from the options given below:
(a) (A) –(4), (B) –(3), (C)-(2), (D)-(1)
(b) (A) –(2), (B) –(1), (C)-(4), (D)-(3)
(c) (A) –(1), (B) –(3), (C)-(4), (D)-(2)
(d) (A) –(3), (B) –(2), (C)-(1), (D)-(4) - Given below are two statements: One is labelled as Assertion )A) and the other is labelled as Reason(R)
Assertion(A): According to Herzberg, preventing or reducing dissatisfaction at work is not the same as providing satisfaction .
Reason(R): Under the ‘two factor theory’ job satisfaction and dissatisfaction are the two different aspects of work motivation.
In the light of the statements choose the correct answer from the options given below:
(a) Both (A) and (R) are true and (R) is the correct explanation of (A)
(b) Both (A) and (R) are true but (R) is NOT the correct explanation of (A)
(c) (A) is true but (R) is false
(d) (A) is false but (R) is true - Pricing strategy of setting a high price when a product is introduced and gradually lowering its price is known as
A Skimming
B Penetration
C Peak load pricing
D Dumping - Given below are two statements.
Statement (I): Gratuity received by Government employee is exempt from tax under Section 10 (10) (i) of the Indian Income Tax Act, 1961
Statement (II): Gratuity received by local authority employee is exempted from tax In the light of the above statements, choose the correct answer from the option given below:
(a) Both Statement (I) and Statement (II) are true
(b) Both Statement (I) and Statement (II) are false
(c) Statement (I) is correct but Statement (II) is false
(d) Statement (I) is incorrect but Statement (II) is false - What is the rate of tax deduction at source from insurance commission in case of ‘Person’:
(a) 2 percent
(b) 5 percent
(c) 10 percent
(d) 4 percent - The regression coefficient is independent of the change of
(A) Scale only
(B) Origin only
(C) Both scale and origin
(D) Neither scale and origin
Choose the most appropriate answer from the options given below:
(a) (A) only
(b) (B) only
(c) (C) only
(d) (D) only - Some doctors charge patients for missed appointment because the service value existed only at that point and disappeared when the patient did not show up.is an example of which one of the following four services characteristics?
(a) Inseparability
(b) Intangibility
(c) Variability
(d) Perishability - Out of the following statements which of them explains the difference between enculturation and acculturation as a part of cross-cultural training?
(A) Enculturation refer to the process of learning and adopting host culture norms. and acculturation is the process of learning our own native culture.
(B) Enculturation is a anthropological terms used for socialisation like acculturation.
(C) Both terms refer to the process of learning through social interaction.
(D) Enculturation refer to the process of learning our own culture. and acculturation refer to the process of learning host cultural norms.
Choose the most appropriate answer from the options given below:
(a) (A),(B),(C) only
(b) (B),(D) only
(c) (B),(C),(D) only
(d)(A),(B),(C)and(D) only - What is the probability that a randomly chosen card from a deck of cards will either be a king or a spade?
(a) 0.3077
(b) 0.3269
(c) 0.0384
(d) 0.3169 - Which of the following is a long term source of finance?
(a) Commercial Paper (CP)
(b) External commercial borrowings (ECB)
(C) Factoring
(d) Line of credit (LOC) 
- Mohan, has rendered his services in India and retired in 2015. He then shifted and settled in Singapore. The pension received by him for such services would be:
(a) Deemed to accrue or arise out side India
(b) Deemed to accrue or arise in India only when it is received in India
(c) Deemed to accrue or arise in India only when it is received outside India
(d) Deemed to accrue or arise in India - Surcharge of 10 % is payable by an Individual where the total income exceeds:
(a) Rs.7,50,000
(b) Rs.5,50,000
(c) Rs.50,00,000
(d) Rs.20,00,000 - Which of following is not correct about properties of correlation coefficient ?
(A) Depends on the origin.
(B) Depends on the scale.
(C) Depends on both origin and scale.
(D) Is independent with respect to origin.
(E)Is independent with respect to unit of scale.
choose the correct answer from the options given below:
(a) (A),(D),(E) only
(b) (A)(B),(D) only
(c) (A),(B),(C) only
(d) (D),(E),(B) only - Which of the following financial institution(s) got merged with their subsidiary?
(A) UTI
(B) IFCI
(C) ICICI
(D) IDBI
(E) Global Trust Bank
choose the correct answer from the options given below:
(a) (A),(B)only
(b) (B),(C)only
(c) (C),(D)only
(d) (C),(E)only - When foreign currency assets and liabilities match in terms of amount of exposure and timing of maturities it is described as:
(a) Financial hedge
(b) Natural hedge
(c) Perfect hedge
(d) Netting - In continuous compounding, the time it takes to double the sum grossly follow ‘Rule of 69’. If it is changed to discrete compounding, the relevant rule of thumb is__________.
(a) Rule of 69.3
(b) Rule of 72
(c) Rule of 84
(d) Rule of 64 - Match List 1 with List 2
List 1 List 2 (A) Mezzanine capital (1) It is the speedy source of finance less regulated by the regulatory environment of debt and capital markets. (B) Private equity (2) It is long terms capital embraced by the high network and high risk appetite investors. (C) Global depository receipts (3) It is an equity instrument issued in overseas markets and is listed and traded on bourses on an OTC basis. (D) Venture capital (4) It refers to subordinated debt or preferred equity that allows firms to borrow additions wiling to finance through the bank loans. Choose the correct answer from the options given below:
(a) (A) –(2), (B) –(4), (C)-(1), (D)-(3)
(b) (A) –(1), (B) –(3), (C)-(4), (D)-(2)
(c) (A) –(4), (B) –(1), (C)-(3), (D)-(2)
(d) (A) –(3), (B) –(2), (C)-(1), (D)-(4) - Which of the following relationships is true in a model distribution?
A Mean – Mode = 3 (Mean – Median)
B Mode = 3 Median – 2 Mean
C 3 Median = 2 Mean + Mode
D 2 Median – 3 Quartile Deviation = 2 Mean - Match List I with List II
List I List II (A) 80 GG (i) Deduction in respect of contribution given by companies to political parties (B) 80 GGA (ii) Deduction in respect of contribution given by any person to political parties (C) 80 GGB (iii) Deduction in respect of scientific research (D) 80 GGC (iv) Deduction in respect of rent paid Choose the correct answer from the options given below:
(a) (A) –(iv), (B) –(iii), (C)-(i), (D)-(ii)
(b) (A) –(iii), (B) –(iv), (C)-(ii), (D)-(i)
(c) (A) –(iv), (B) –(iii), (C)-(ii), (D)-(i)
(d) (A) –(iv), (B) –(ii), (C)-(i), (D)-(iii) - Match List 1 with List 2
List 1 List 2 Capital structure preposition(s) Description(s) (A) Target capital structure (1) Expected yield on the equity capital is equal to the pure equity return plus a premium for financial risk. (B) Optimum capital structure (2) It refers to the perceived costs due to increased ratio of debt in the firm. (C) Cost of financial distress (3) It is the debt ratio the firm strives to achieve (D) MM preposition-II (4) It is the debt-equity ratio that maximises the value of the firm. Choose the correct answer from the options given below:
(a) (A) –(2), (B) –(3), (C)-(1), (D)-(4)
(b) (A) –(3), (B) –(4), (C)-(2), (D)-(1)
(c) (A) –(4), (B) –(2), (C)-(3), (D)-(1)
(d) (A) –(1), (B) –(3), (C)-(2), (D)-(4) - In a rising consumer income scenario the preferred decision choice of business firms for low income elastic products will be________________.
(a) Product promotion
(b) Cost control
(c) Product repositioning
(d) Product improvement - What is the “Repo Rate”?
(a) Is the rate at which RBI lends to State Government
(b) Is the rate at which International aid agencies lends to RBI
(c) Is the rate at which the RBI lends to Bank in case of short maturity
(d) Is the rate at which RBI borrows funds from the Commercial Banks in the country - Objective of IMPS (Immediate payment service)are:
(A) To enable bank customers to use mobile instruments as a channel for accessing their banks accounts and remit funds 24 into 7.
(B) Making payments simpler just with the mobile number of the beneficiary.
(C) To build the foundation for a full range of mobile based banking services
(D) To create competition with NEFT and RTGS
Choose the most appropriate answer from the options given below:
(a) (A),(B),(C) only
(b) (B),(C),(D) only
(c) (A),(B),(D) only
(d) (B),(D)only - Match List 1 with List 2
List 1 List 2 (A) Standard costing (1) Financial forecasting and planning (B) Margin of safety (2) Sale minus break even sales (C) Ratio analysis (3) Control of inventory. (D) JIT system (4) Management by exception Choose the correct answer from the options given below:
(a) (A) –(4), (B) –(2), (C)-(1), (D)-(3)
(b) (A) –(3), (B) –(1), (C)-(2), (D)-(4)
(c) (A) –(2), (B) –(3), (C)-(1), (D)-(4)
(d) (A) –(1), (B) –(2), (C)-(4), (D)-(3) - Consumer rationality in business economies is collective manifestation of which of the following assumptions?
(A) Non-Satiation
(B) Clarity of preferences
(C) Divisibility of goods and services
(D) Economic selfish motive
(E) Possession of information
Choose the most appropriate answer from the options given below:
(a) (A),(B),(D) only
(b) (A),(C),(E) only
(c) (A),(B),(C),(D) only
(d) (A),(B),(D),(E) only - Which of the following expenses debited to Profit and Loss a/c but disallowed while computing income from Business?
(A) General Expenses
(B) Personal Expenses
(C) Expenses of Income which is taxable under the other heads of income
(D) Charities and donations
Choose the correct answer from the options given below:
(a) (A), (B), (C) only
(b) (B), (C), (D) only
(c) (C), (D) only
(d) (A), (B), (C), (D) only - The strategies of flanking defense, preemptive defense, mobile defense, contractor defense and counter offensive defense is used by which market player?
(A) Market challenger
(B) Market leader
(C) Market follower
(D) Market Nicher
(E) Start up marketer
Choose the most appropriate answer from the options given below:
(a) (A) only
(b) (B)only
(c) (C)only
(d) (B),(E) only - Net Present Value (NPV) and Internal Rate of Return (IRR) methods yield conflicting outcomes due to______________.
(A) Unconventional cash flows
(B) Investment size disparity
(C) Investment life disparity
(D)Cash flow pattern disparity
Choose the most appropriate answer from the options given below:
(a) (A)and(B) only
(b) (A)and (C)only
(c) (A),(B) and (C)only
(d) (B),(C) and (D)only - Out of the following, which are not the features of GST 2017 in India?
(A) GST is applicable on supply of goods and services.
(B) GST is based on the principal of origin based taxation rather than principal of destination based consumption.
(C) Import of goods is treated as Inter-state supplies and would be subject to IGST in addition to applicable custom duties.
(D) IT is a dual taxation with Centre and State simultaneously levying it on a common base.
(E) GST is applicable to all Goods and Services without any exemptions.
Choose the most correct answer from the options given below:
(a) (A),(B)and(E) only
(b) (B),(C)and(E)only
(c) (B),(E)only
(d) (C),(D) and (E)only - Arrange the following legal enactments in India in the chronological sequence from the first to the last.
(A) The mines Act
(B) The minimum wages Act
(C) The payment of gratuity Act
(D) The child labour (Prohibition and Regulation) Act
(E) The Apprentices Act
Choose the correct answer from the options given below:
(a) (B),(D),(C),(A),(E)
(b) (B),(A),(E),(C),(D)
(c) (A),(E),(B),(C),(D)
(d) (E),(B),(A),(C),(D) - Which one of the following is not true for mass marketing?
(a) Provides very little scope for customization
(b) Deals with customers directly
(c) Normally followed in case of FMCG and SMCG goods
(d) Relies heavily on advertising - Arrange the following procedure of Income Tax return e-Filling in India
(A) Login
(B) Register
(C) Verification
(D) Downloading utility and preparing return
(E) e-filing Income Tax Return
Choose the correct answer from the options given below:
(a) (A), (B), (C), (D), (E)
(b) (A), (C), (B), (E), (D)
(c) (B), (A), (E), (D), (C)
(d) (B), (A), (D), (E), (C) - Which is the following is not correct with respect to matrix organisation?
(a) It is a combination of functional and product organisation
(b) Functional departments are not permanent fixtures of a matrix organisation
(c) Product departments are created as the need for them arises
(d) Team members have functional home when they are not needed on a project - Which of the following is correct about deduction available in respect of contribution to various provided fund in case of salaried employees?
(A) Employer’s contribution to recognized provident fund is exempted up to 12 % of salary
(B) Employer’s contribution to unrecognized provident fund is exempted from tax
(C) Employer’s does not contribute to Public Provident fund
(D) Deduction under Section 80C is available for employer’s contribution in unrecognized provident fund
Choose the correct answer from the options given below:
(a) (A), (B), (C) only
(b) (A), (B), (D) only
(c) (B), (C), (D) only
(d) (A), (C), (D) only - Which of the following is not an implied condition in a contract of sale?
(a) Condition as to quality or fitness
(b) Condition as to merchantable quality
(c) Condition as to wholesomeness
(d) Condition as to free from encumbrances - Market for automobiles needs to be segmented on the basis of:
(A) Buying behaviour
(B) Psychographics
(C) Geographics
(D) Demographics
choose the most appropriate answer from the options given below:
(a) (A),(D) only
(b) (C) ,(D) only
(c) (A),(B),(D) only
(d) (A),(B),(c),(D) - Sugam is also known as:
(a) ITR -1
(b) ITR -2
(c) ITR -4
(d) ITR -6 - Cost audit for materials covers:
(A) Goods inward procedure.
(B) Methods of calculating standard cost variance.
(C) Classification of overhead,
(D) Accounting for scrap, wastage, materials transfers
(E) Accounting treatment of under or over absorption
choose the most appropriate answer from the options given below:
(a) (A),(D) only
(b) (A) ,(E) only
(c) (A),(B), only
(d) (E),(C)only - Which of the following is not an example of compressed data?
(a) Data array
(b) Frequency distribution
(c) Histogram
(d) Ogive - In which of the following price adjustment strategies, a company reduces prices to reward customer responses such as volume purchases, paying early or promoting the product?
A Discount and Allowance pricing
B Psychological pricing
C Promotional pricing
D Dynamic pricing - Which of the following are possible negative impacts of FDI on domestic firms in host countries?
(A) Market monopoly
(B) Technology dependence
(C) Increased competition
(D) Profit outflow
choose the correct answer from the options given below:
(a) (A),(B) only
(b) (B) ,(C) only
(c) (A),(B),(D) only
(d) (B),(C),(D)only - In marketing, DSA stands for:
A Delivery Staff Agent
B Direct Supplier Agent
C Direct Selling Agent
D Distribution & Supply Agency - The ‘going concern concept’ is the underlying basis for
(a) Disclosing the market value of securities
(b) Consolidating the accounts of subsidiary companies with those of parent company
(c) Depreciating fixed assets over their useful lives
(d) Disclosing the sales and other operating information in the income statement - Arrange the following steps of creating a market competitive pay plan in a sequence from the first to the last
(A) Choose benchmark jobs and select compensable factor its degree in each job
(B) Define each compensable factor and determine its degree in each job
(C) Establish rate changes
(D) Develop pay grades
(E) Compare and adjust current and market wage rates for jobs
Choose the correct answer from the options given below:
(a) (B), (A), (E), (D), (C)
(b) (A), (C), (B), (D), (E)
(c) (A), (B), (E), (D), (C)
(d) (A), (B), (C), (E), (D) - Mercosur, a South America Trade block is a:
(a) Free trade area
(b) Common market
(c) Custom union
(d) Economic cooperation - A manufacturing enterprise monthly consumes 1,350 units of raw material at the cost of Rs.20 per unit. Determine its economic order quantity given the ordering cost of Rs.2,400 and carrying cost of inventory being 30 percent of the price paid.
(a) 3,600 units
(b) 2,400 units
(c) 4,800 units
(d) 2,700 units - Match the market forms in the list 1 and the role of the selling costs in the list 2
List 1 List 2 Market forms Role of selling costs (A) Perfect competition (1) sustained survival of firm (B) Monopoly (2) Influencing buying behaviour (C) Monopolistic competition (3) Increasing market size (d) Oligopoly (4) Intimation of product or service Choose the correct answer from the options given below:
(a) (A) –(1), (B) –(3), (C)-(4), (D)-(2)
(b) (A) –(4), (B) –(2), (C)-(1), (D)-(3)
(c) (A) –(3), (B) –(4), (C)-(2), (D)-(1)
(d) (A) –(2), (B) –(1), (C)-(3), (D)-(4) - The headquarters of the ASEAN is located in which of the following country?
(a) Indonesia
(b) Vietnam
(c) Thailand
(d) Singapore - Charging different prices for the same product in different markets until the MR of last unit sold equals the MC of the product sold in each market is described by_____________.
(A) Price discrimination of first degree
(B) Price discrimination of Second degree
(C) Price discrimination of Third degree
(D) Equilibrium price
(E) Price discrimination
choose the correct answer from the options given below:
(a) (A),(B) only
(b) (A) ,(C) only
(c) (C),(E) only
(d) (A),(D)only
Comprehension:
Answer Question No.91 to 95 on the basis of the following passage
Burnout is a psychological syndrome emerging as a prolonged response to chronic interpersonal stressors on the job. The three key dimensions of this response are an overwhelming exhaustion, feeling of cynicism and detachment from the job, and a sense of ineffectiveness and lack of accomplishment. The significance of this three-dimensional model is that it clearly places the individual stress experience within a social context and involves the person’s conception of both self and others.
The exhaustion dimension was also describe as wearing out, loss of energy, depletion, debilitation, and fatigue. The cynicism dimension was originally called depersonalization (given the nature of human services occupations).but was also describe as negative or inappropriate attitudes towards clients, irritability, loss of idealism, and withdrawal. The inefficacy dimension was originally called reduced personal accomplishment, and was also described as reduced productivity or capability, low morale, and an inability to cope.
There have been various conceptual models about the development of burnout and its subsequent impact.at first time the focus was on the relationship between the three dimensions of burnout, which was often described in sequential stages. Exhaustion was assumed to develop first, in response to high demands and overload, and then this would precipitate detachment and negative reactions to people and the job (depersonalization or cynicism).If this continued, then the next stage would be feelings of inadequacy and failure(reduced personal accomplishment or professional inefficacy).
More recently, burnout models have been based on theories about job stress, and the notion of imbalances leading to strain. Its three stages are: (a) job stressors, (b) individual strain, and (c) defensive coping. Subsequently, two developmental models of the demands-resources imbalance have emerged: the Job Demands-Resources (JD-R) model and the conservation of Resources (COR) model. The JD-R model focuses on the notion that burnout arises when individuals experience incessant job demands and have inadequate resources available to address and to reduce those demands. The COR model follows a basic motivational theory assuming that burnout arises as a result of persistent threats to available resources. A different variation of an imbalance model of burnout is the Area of Worklife (AW) model, which frames job stressors in terms of person-job imbalances or mismatches, but identifies six key areas in which these imbalances take place: workload, control, reward, community, fairness and values. Mismatches in these areas affect an individual’s level of experienced burnout, which in turn determines various outcomes, such as job performance, social behaviors, and personal wellbeing.
Sub question no.91
Which of the following is not a resource-imbalance model of Burnout?
(A) Job Demands-Resources Model
(B) Conservation of Resources Model
(C) Three Dimensional Model
(D) Areas of work-life Model
Sub question no.92
Which of the following has the correct sequence of the stages of burnout?/
(A) Fatigue due to excessive work,dislike for work,failure to achieve targets
(B) Negative feelings about work, dislike for work, effort to quit work
(C) Initial good interpersonal relations, depersonalization, loss of idealism
(D) Cynicism, inadequacy, inefficiency
Sub question no.93
Match List 1 with List 2
| List 1 | List 2 |
| (A) Exhaustion | (1)Not able to complete work |
| (B) Cynicism | (2) No energy for work |
| (C) Inefficiency | (3) NO interest in customer |
Choose the correct answer from the options given below:
(a) (A) –(1), (B) –(2), (C)-(3)
(b) (A) –(3), (B) –(2), (C)-(1)
(c) (A) –(2), (B) –(3), (C)-(1)
(d) (A) –(2), (B) –(1), (C)-(3)
Sub question no.94
Given below are two statements.
statements(1): Cynicism stage of Burnout is often experienced by employees,engaged in production activity,due to excessive work pressure.
statements(2): In Cynicism stage of burnout,person withdraws from others and shows lack of interest towards them.
In the light of the statements choose the correct answer from the options given below:
(a) Both (1) and (2) are true
(b) Both (1) and (2) are False
(c) (1) is true but (2) is false
(d) (1) is false but (2) is true
Sub question no.95
Which of the following are caused by Burnout?
(A) Concern for clients
(B) Negative social behaviour
(C) Physical and mental strain
choose the most appropriate answer from the options given below:
(a) (A)only
(b) (A) and (B) only
(c) (B) and (C) only
(d) (A) and (C) only
Comprehension:
Answer Question No.96 to 100 on the basis of the following passage:
It is desirable for consumers to be aware of their rights,and to exercise those rights responsibly and intelligently.In these days of audio-video publicity on the public and private media,it is indeed very difficult,if not impossible,to verify the exaggerated or false claims made by producers,manufacturers,distributors and dealers of various goods and services. The all-pervasive,exaggerated and often false claims,made for services and goods,emphasize the imperative need for consumer protection legislation and creation of awareness about it among the general public.
In this connection,there are a number of enactments, in India such as the prevention of Food Adulteration Act,1954,the Essential Commodities Act,1955,the hire purchase Act,1972,the standards weight and measure Act,1976 etc. However,the remedies prescribed there under are time-consuming,inadequate and expensive.As in other areas of judicial processes.The offenders are hardly caught,proceeded against and rarely, if ever,got covicted. When violators go scot-free.the victims have no remedy and gets frusted.
sub question no.96
Q.96 Which among the following is a correct statement based on the passage?
(1) Consumers laws are not explained well in India
(2)Indian judiciary system needs a drastic reform to facilities consumers welfare
(3)Indian manufacturers are clever
(4)The Indian consumers have no remedy and get frustrated
sub question no.97
Q.97 Which among the following is a correct statement based on the passage?
(1) Consumers in India are aware of their rights
(2) Consumers in India exercise their rights responsibly
(3) Consumers in India are unaware of their rights and hence,they do not exercise them
(4) None of the above could be ascertained on the basis of paragraph given here above
sub question no.98
Q.98 Who among the followings could be considered at the center point in the passage?
(1) Consumers
(2)Judicial process
(3)Manufacturers
(4) Government
sub question no.99
Q.99 Which among the following is a correct statement based on the passage?
(1)The Government of India has enacted sufficient number of laws for protection of consumers interests
(2)The paragraph does not give comprehensive list of laws in favour of consumers
(3)Legal environment for consumers in India is not conducive
(4)Legal environment for consumers in India is conducive
sub question no.100
Q.100 Which among the following is a correct statement based on the passage?
(1)Producers and manufactures are sensitive about consumers rights
(2)Producers and manufactures are insensitive about consumers rights
(3)Producers and manufactures are neutral about consumers rights
(4)Producers and manufactures are basically governed by ethics and values.