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PAPERII

MANAGEMENT

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This paper consists of fifty multiple-choice type of questions.
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Each item has four alternative responses marked (A), (B),
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J1705

[Maximum Marks : 100

Number of Questions in this Booklet : 50

Instructions for the Candidates

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(In words)

Test Booklet No.

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1.

(To be filled by the

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S U U U , U

6. U U
7. (Rough Work) S DU U U
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P.T.O.

MANAGEMENT
PAPERII
Note :

1.

2.

3.

This paper contains fifty (50) multiple-choice questions, each question carrying
two (2) marks. Attempt all of them.

Demand curve under monopolistic competition is :

(A)

Downward sloping and flat

(B)

Downward sloping and steep

(C)

Parallel to X axis

(D)

Parallel to Y axis

If two commodities are complementary, then a rise in the price of one commodity will
induce :
(A)

An upward shift of demand curve

(B)

A rise in the price of the other commodity

(C)

No shift in demand for the other commodity

(D)

A backward shift in demand for the other commodity

If the demand curve is rectangular hyperbola the elasticity is :

(A)

4.

(C)

8.

(C)

Infinity

(D)

Less than one

Income
Capital Formation

(B)

Product

(D)

Wealth

Keynesian law

(B)

Says law

(C)

Veblen law

(D)

Giffin law

(D)

Elton Mayo

Functional type of organisation was first developed by :

(A)

7.

Zero

Supply creates its won demand is known as :

(A)

6.

(B)

Which of the following is a flow variable ?

(A)

5.

One

Pavlov

(B)

Taylor

(C)

Henry Fayol

Gang-plank means :
(A)

Quick Communication

(B)

Vertical Communication

(C)

Horizontal Communication

(D)

None of the above

When the water allows one aspect of a persons character or performance to influence
the enitre evaluation, the error will be :
(A)

Constant error

(B)

Halo effect

(C)

Central tendency

(D)

Similar to me

J1705

MANAGEMENT
PAPERII

(50)

(2)

1.

2.

3.

(A)

(B)

(C)

(D)

(A)

(B)

S g

(C)

(D)

6.

8.

(B)

(C)

(D)

(C)

(D)

(D)

(B)

(A)

(B)

(C)

(D)

(A)
7.

(A)
5.

S S g

(A)
4.

(B)

(C)

- -

(A)

(B)

(C)

(D)

m Q c

(A)
J1705

(B)

(C)

(D)

P.T.O.

9.

Which of the following is not one of the ego-states of transactional analysis ?

(A)

10.

11.

13.

14.

15.

16.

(B)

Young

(C)

Adult

(D)

Parent

Vrooms theory, motivation is expressed as :

(A)

Valence 1 expectancy

(B)

Valence 2 expectancy

(C)

Valence 3 expectancy

(D)

Valence 4 expectancy

_____________ is a predisposition to behave in a certain way and to take particular

point of view.
(A)

12.

Child

Motivation

(B)

Behaviour

(C)

Perception

(D)

Attitude

The process of studying and collecting information relating to a specific job is known
as :
(A)

Job specification

(B)

Job Analysis

(C)

Motion Study

(D)

Job description

The systematic collection and feedback of performance data on an individual or group

derived from a number of stake holders in their performance is called :
(A)

1808 Appraisal

(B)

3608 Apprasisal

(C)

Confidential reports

(D)

None of these

Referring a dispute to an agreed third party for setlement or advice without the force
of litigation or resort to law is known as :
(A)

Adjudication

(B)

Arbitration

(C)

Conciliation

(D)

All of the above

Minimum wages are fixed by :

(A)

Trade unions

(B)

Employees

(C)

State Governments

(D)

Court of law

Under the factories Act 1948, safety officer is to be appointed in a factory where :
(A)

500 workers are working

(B)

1000 or more workers are working

(C)

3000 or more workers are working

(D)

5000 or more workers are working

J1705

9.

-S

(A)

10.

11.

(D)

(A)

(B)

(C)

(D)

_____________

(B)

(C)

(A)

13.

(C)

(A)

12.

(B)

(B)

(C)

(D)

(D)

Q c m
Rg L ^

14.

(A)

1808

(C)

(B)

3608

(D)

(A)

15.

(B)

(C)

(D)

(C)

(D)

(A)

16.

(B)

1948,

(A)

500

(B)

1000

(C)

3000

(D)

5000

J1705

P.T.O.

17.

Match the following :

Trade Union

18.

19.

20.

21.

Year of Establishment

I.

INTUC

i.

1920

II.

AITUC

ii.

1970

III.

CITU

iii.

1948

IV.

BMS

iv.

1954

(A)

I - iv, II - iii, III - ii, IV - i

(B)

I - i, II - ii, III - iii, IV - iv

(C)

I - iv, II - i, III - iii, IV - ii

(D)

I - iii, II - i, III - ii, IV - iv

Determining the value of a bond requires :

(i)

an estimate of expected cash flows

(ii)

an estimate of the required return

(iii)

an estimate of the accounting rate of return

(iv)

an estimate of the cost of capital

(A)

(i)

(B)

( i ) & ( ii )

(C)

( iii )

(D)

( iv )

Which is the most commonly used method for evaluation of larger projects ?
(A)

Net Present Value

(B)

Pay Back Period

(C)

Internal Rate of Return

(D)

Accounting Rate of Return

According to dividend growth model approach the cost of equity is equal to :

(A)

Cash dividends per share

(B)

Cash dividends per share + bonus per share

(C)

Dividend pay out ratio + expected growth rate in dividend

(D)

Dividend yield + expected growth rate in dividends

The amount of dividend that can be legally distributed is governed by :

(A)

Company law

(B)

Judicial pronouncement in leading cases

(C)

Contractual restrictions

(D)

All above

J1705

17.

18.

19.

20.

21.

I.

i.

1920

II.

ii.

1970

III.

iii.

1948

IV.

...

iv.

1954

(A)

I - iv, II - iii, III - ii, IV - i

(B)

I - i, II - ii, III - iii, IV - iv

(C)

I - iv, II - i, III - iii, IV - ii

(D)

I - iii, II - i, III - ii, IV - iv

(i)

(ii)

(iii)

(iv)

(A)

(i)

(B)

( i ) & ( ii )

(C)

( iii )

(D)

( iv )

()

(A)

(B)

(C)

(D)

(A)

(B)

(C)

(D)

M ,

(A)

(B)

(C)

(D)

Q m

J1705

P.T.O.

22.

23.

24.

25.

26.

27.

28.

Pre-emptive right of equity shareholders means that they :

(A)

Can vote to protect their rights

(B)

Can maintain their proportional ownership by purchasing additional equity

shares issued by firm

(C)

Can be elected as directors

(D)

None of the above

Skimming Pricing is useful for :

(A)

Luxury goods

(B)

Consumption goods

(C)

Necessities.

(D)

Industrial goods

Distribution channel aims at moving products from producer to :

(A)

Ultimate Consumer

(B)

Retailors

(C)

Stockists

(D)

Brokers

In business situations, personal selling is :

(A)

Inside Selling

(B)

Outside Selling

(C)

Both of the above

(D)

None of the above

Mass communication tools available to marketers include :

(A)

Advertising

(B)

Sales promotion

(C)

Public relations

(D)

All the above

The financial results of marketing endeavours should be analysed in terms of :

(A)

Sales volume

(B)

Market share

(C)

Marketing costs

(D)

All the above

Stock variables are introduced in solving the problem :

(A)

The Assignment Problem

(B)

When the Constraints in the L.P.P are of greater than type

(C)

When the Constraints in the L.P.P are of less than type

(D)

For balancing a transportation problem

J1705

22.

(A)

(B)

S m Q

23.

24.

25.

26.

(C)

(D)

(A)

(B)

(C)

(D)

S g S

(A)

(B)

(C)

SS

(D)

S Q R

(A)

(B)

s R

(C)

(D)

(A)
27.

(B)

(C)

(D)

(D)

(A)
28.

(B)

(C)

S S S

(A)

(B)

(C)

(D)

S S

J1705

P.T.O.

29.

30.

31.

32.

33.

34.

A transportation problem will be a balanced problem :

(A)

When the no. of rows is equal to no. of columns

(B)

When total supply is equal to total demand

(C)

When the problem has an optimum solution

(D)

None of the above

PERT stands for :

(A)

Product Estimation & Research Technique

(B)

Project Evaluation and Review Technique

(C)

Project Estimation and Review Technique

(D)

None of the above

Which of the following is not an usual assumption of the single - channel queueing
model with Poisson Arrivals and exponential service times ?
(A)

The queue discipline is last come, first served

(B)

the mean arrival rate is less than the mean service rate

(C)

The calling population is infinite

(D)

All of the above

Production scheduling is done to achieve :

(A)

Maximum utilisation of the plant and machinery

(B)

Maximum utilisation of the work force

(C)

Minimize inventories of raw materials and work in progress

(D)

All of the above

Vogels Approximation method is used to :

(A)

Study the Time and motion problem

(B)

Solve the transportation problem

(C)

Study the production scheduling problem

(D)

Forecast demand

From the following which is more suitable for causal relationship involving 2 or more
variables :
(A)

Correlation

(B)

Factor Analysis

(C)

Regression Analysis

(D)

Time series Analysis

J1705

10

29.

30.

31.

S S S

(A)

(B)

(C)

(D)

(A)

(B)

(C)

(D)

32.

33.

34.

(A)

(B)

(C)

(D)

(A)

(B)

(C)

(D)

(A)

S l

(B)

S S

(C)

(D)

(A)

(B)

(C)

(D)

J1705

11

P.T.O.

35.

The sum of two positive real members is 2 a. The probability that product of these
two numbers is not less than ( 3 4 ) times the greatest possible product is :
(A)

36.

37.

38.

39.

40.

41.

42.

(B)

(C)

(D)

16

The level of singificance is the probability of committing the :

(A)

Standard error

(B)

Type I error

(C)

Probable error

(D)

Type II error

A measure characterizing a population is called a parameter and a similar measure

for a sample is called :
(A)

Standard error

(B)

Non Parameter

(C)

Sampling error

(D)

Statistic

In the case of normal distribution about 68% of data lies within :

(A)

X + quartile deviation

(B)

X + 2 standard deviation

(C)

X + mean deviation

(D)

X + standard deviation

In which of the following situations the Classical definition of probability cannot be

used :
(A)

The total no. of outcomes is small

(B)

The total no. of success is zero

(C)

The total no. of outcomes is infinitely large

(D)

The total no. of outcomes exceeds the total no. of success

Which one is not Porters generic strategy ?

(A)

Growth Strategy

(B)

Cost Leadership Strategy

(C)

Differentiation Strategy

(D)

Focus Strategy

Which is not a Primary activity in a Corporate value chain Analysis ?

(A)

Services

(B)

Operations

(C)

Technology development

(D)

Marketing and Sales

In growth - share matrix Star indicates :

(A)

High business qrowth - High market share

(B)

High business growth - Low market share

(C)

Low business growth - High market share

(D)

Low business growth - Low market share

J1705

12

35.

(A)
36.

39.

40.

41.

42.

:
(B)

(C)

(D)

16

(B)

(C)

(D)

II

(A)
38.

( 3 4 )

(A)
37.

2 a.

(B)

6 . 8%

(A)

X +

(C)

X +

(C)

(D)

S.

(B)

X + 2

(D)

X +

(A)

(B)

(C)

# M

(D)

(A)

(B)

(C)

(D)

(A)

(B)

(C)

(D)

- S

(A)

- S

(B)

- S

(C)

- S

(D)

- S

J1705

13

P.T.O.

43.

44.

45.

46.

Which of the following Act, regulates sick industries specially in India ?

(A)

ID Act

(B)

SICA

(C)

Companies ACT

(D)

None of these

Which of the following Board regulates sick enterprises in India ?

(A)

SEBI

(B)

National Law Board

(C)

BIFR

(D)

None of these

Enterpreneur is a person who :

(A)

Initiates Business

(B)

Invests Capital

(C)

Manages the business

(D)

All of the above

Global Compact is an initiative of :

(A)

47.

48.

50.

(B)

WTO

(C)

IMF

(D)

ILO

Agenda 21 relates to :
(A)

Child Labour

(B)

Human Rights

(C)

Environment protection

(D)

None of these

Which of the following convention of ILO provides for gender equity ?

(A)

49.

UN

87

(B)

98

(C)

100

(D)

105

Disclosure of information is a part of :

(A)

Global Compact

(C)

Social Clause

(B)

Human Rights
(D)

Corporate Governance

Corporate goverance revolves around :

(A)

Stakeholders

(B)

Organisation

(C)

Society

(D)

All of these

-oOo-

J1705

14

43.

44.

45.

46.

47.

48.

L l ?

(A)

(B)

(C)

(D)

L R

(A)

(B)

(C)

(D)

(A)

(B)

(C)

(D)

50.

(A)

(B)

(C)

(D)

21

(A)

(B)

(C)

(D)

(A)
49.

87

(B)

98

(C)

100

(D)

105

(A)

(B)

(C)

(D)

(A)

(B)

(C)

(D)

-oOo-

J1705

15

P.T.O.

Space For Rough Work

J1705

16