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SET/SLET Management Online Mock Test

SET Management Question Answers for competitive exams: This mock test having mcq question each also from Paper II, Paper III Syllabus, with four choices. On each click on answers system will tell you where the answers is correct or incorrect. You can view this SET Management test question details at the end of the quiz.

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State Level Eligibility Test is also know as SET  (State Eligibility TestManagement questions answers are applicable for any kind of Higher Management especially for Lecturer and PHD examination like UGC NET And CSIR NET. . You can practice as much as you can to gather knowledge of how to answers SET Management critical type papers in short time and this can be a big factor for cracking LS/PHD level exam.

SET/SLET Management Paper II - Online Mock Test

Congratulations - you have completed SET/SLET Management Paper II - Online Mock Test.You scored %%SCORE%% out of %%TOTAL%%.Your performance has been rated as %%RATING%%
Your answers are highlighted below.
Question 1
Product differentiation is a common feature of                      
A
Perfect Competition
B
Monopoly
C
Monopolistic Competition
D
Oligopoly
Question 2
In Growth Share Matrix Question Mark indicates                            
A
High Business Growth-High Market Share
B
High Business Growth-Low Market Share
C
Low Business Growth-High Market Share
D
Low Business Growth-Low Market Share
Question 3
The Basic objective of Financial Management is                     
A
Maximisation of Profit
B
Maximisation of Shareholders Wealth
C
Ensuring Financial discipline in the organisation
D
None of the above
Question 4
The EOQ inventory model attempts to minimize                         
A
The number of items ordered
B
The number of orders placed
C
The total inventory costs
D
The safety stock
Question 5
Select the correct chronological arrangement of the following ‘Acts’ 1. Minimum Wages Act 2. Workmen’s Compensation Act 3. Employee Provident Fund Act 4. Payment of Wages Act                          
A
4, 3, 2, 1
B
1, 4, 3, 2
C
2, 4, 1, 3
D
2, 4, 3, 1
Question 6
Who is a Merchant Middleman?                       
A
Stock Broker
B
Commission Agent
C
Retailer
D
Selling Agent of a Company
Question 7
Which of the following is alternatively called Corporate Venturing?                   
A
Entrepreneurship
B
Intrapreneurship
C
A new product start-up
D
Venture Capital
Question 8
The following Company is in the news for violation of Corporate Governance through fraudulent practices                         
A
Tata Chemicals Ltd.
B
Reliance Industries Ltd.
C
Hindustan Unilever Ltd.
D
Satyam Computers Ltd.
Question 9
Different types of Probability Distribution include 1. Binomial distribution 2. Poisson distribution 3. Normal distribution 4. Exponential distribution                            
A
1 and 2 only
B
1, 2 and 3 only
C
3 and 4 only
D
1, 2, 3 and 4
Question 10
Organisational Behaviour is a                  
A
Function of its consequences
B
Study of character of people
C
Study of team behavior
D
Study of management behavior
Question 11
Usually the demand for necessities is                    
A
Highly elastic
B
Highly inelastic
C
Slightly elastic
D
Slightly inelastic
Question 12
Match the following
 List—A   List—B
 a How do we succeed in this business? 1. Functional Strategy
 b. What Business should we be in? 2. Business Strategy
 c. How does this unit contribute? 3. Corporate Strategy
  
  a b c
 (A) 1 2 3
 (B) 3 2 1
 (C) 1 3 2
 (D) 2 3 1
 
A
(A)
B
(B)
C
(C)
D
(D)
Question 13
A Bond can be issued at a premium, if                          
A
Coupon rate is greater than required return
B
Coupon rate is less than required return
C
Coupon rate is equal to required return
D
None of the above
Question 14
The objective of Operations Management is to enhance the performance of an organization in terms of its                     
A
Productivity
B
Product quality
C
Competitiveness
D
Overall performance
Question 15
Which of the following is not the principle of Trade Unionism?                        
A
Unity is Strength
B
Equal Pay for equal work
C
Security of service
D
Right to lock out
Question 16
Hypothesis is tested in the following research design                 
A
Exploratory and Descriptive
B
Descriptive and Causal
C
Causal and Exploratory
D
Experimental and Exploratory
Question 17
Which one of the following is not the reason for the sickness of Small Enterprise?                      
A
Lack of Working Capital
B
Lack of Market Demand
C
Lack of Competition
D
Lack of Raw Material
Question 18
The Social Responsibility of a Business is important to                    
A
Owners and Investors
B
Employees
C
Government
D
All the above
Question 19
Read the following statements and select the correct combination given there under: Statement—1: Linear Programming is a mathematical function. Statement—2: Transportation model is one of the part of Linear Programming.                    
A
Statement 1 is true but 2 is not true
B
Statements 1 and 2, both are true
C
Statement 1 is not true but 2 is true
D
Both the statements 1 and 2 are not true
Question 20
Personality is determined by:                     
A
Heredity
B
Environment
C
Situation
D
All the three above.
Question 21
If total cost function of a firm: TC=1050+10Q2+8Q, find the marginal cost of the firm when the quantity Produced is 15 units           
A
105
B
225
C
308
D
247
Question 22
Match the following:
 List—1 (Types of Strategies)   List—2 (Examples)
 a. Retrenchment strategy 1. Reduction
 b. Combination strategy 2. Filled / used
 c. Stability strategy 3. Maintain present course
 d. Growth strategy 4. PLC
    
  a b c d
 (A) 1 2 3 4
 (B) 4 2 1 3
 (C) 1 4 3 2
 (D) 3 1 2 4
 
A
(A)
B
(B)
C
(C)
D
(D)
Question 23
Match the following:
 List—1    List—2
 a. Number of years required to recover the initial outlay is determined by 1. NPV
 b. A method which uses accounting information for evaluating proposed capital expenditure is 2. Pay Back period
 c. Theoretically correct technique for selection of Investment project is 3. IRR
 d. A technique which ascertains a discount rate that equates the aggregate present values of net cash inflows with that of the aggregate present values of net cash outflows is 4. ARR
    
  a b c d
 (A) 1 3 4 2
 (B) 2 4 1 3
 (C) 1 2 4 3
 (D) 3 4 2 1
  
A
(A)
B
(B)
C
(C)
D
(D)
Question 24
The following is used for identifying the total resources required for meeting customers’ requirements                      
A
Capacity Planning
B
Process Planning
C
Inventory Management
D
Master Production Schedule
Question 25
What describes the tasks, duties and responsibilities of a Job?                        
A
Job Analysis
B
Job Enrichment
C
Job Description
D
Job Empowerment
Question 26
Who defined Advertising as ‘Any paid form of non-personal presentation and promotion of ideas, goods and services by an identified sponsor’?                       
A
Philip Kotler
B
Peter F. Drucker
C
Mc Carthy
D
American Marketing Association
Question 27
Dynamic process of creating incremental wealth by individuals who assume the risks of equity, time and careers, to infuse resources with value for society is referred as                          
A
Business Plan
B
Venture Capital
C
Business Opportunity
D
Entrepreneurship
Question 28
‘Ethics’ is derived from ‘Ethos’, a Latin word, which means                   
A
Character
B
Responsibility
C
Integrity
D
Morality
Question 29
The regression lines cut each other at the point of                     
A
Average of X and Y
B
Average of X only
C
Average of Y only
D
Median of X and Y
Question 30
Learning means                  
A
Relatively permanent change in the behavior of people
B
Developing the skills
C
Improving the knowledge
D
Changing the habits
Question 31
The average fixed cost curve of a firm is                 
A
parallel to the horizontal axis
B
parallel to the vertical axis.
C
a ‘U’ shaped curve
D
a downward sloping curve from left to right
Question 32
The FOUR functions viz., R & D, Production, Marketing, Sales & Service, through which Value addition occurs, are referred to as                     
A
Value added activities
B
Value addition functions
C
Primary activities
D
Secondary activities
Question 33
In terms of relative risk, which of the following is true?                   
A
Debt is risky for investors, while equity is risky for firm
B
Both debt and equity are risky for investors
C
Both debt and equity are risky for firm
D
Debt is risky for the firm, while equity is risky for investors
Question 34
A Floor plan for determination and arranging the desired machinery and equipment of a Plant is referred to as                        
A
Plant Location
B
Plant Lay-Out
C
Product Design
D
Process Planning
Question 35
Which of the following is not a method of Performance Appraisal?                   
A
360 Degree Performance Appraisal
B
Ranking Method
C
Graphic Rating Scales Method
D
Man Power Planning
Question 36
From the following, the 4 Ps of marketing coined originally are 1. Product 2. Price 3. Packaging 4. People 5. Promotion 6. Place                       
A
1, 2, 3 and 4
B
1, 2, 5 and 6
C
3, 4, 6 and 5
D
1, 2, 5 and 4
Question 37
Small sample means                  
A
Less than 10
B
Less than 15
C
Less than 20
D
Less than 30
Question 38
Which of the following is not Goal Conflict?                  
A
Approach-Approach conflict
B
Approach-Avoidance conflict
C
Avoidance-Avoidance conflict
D
Role ambiguity
Question 39
‘Irrelevance concept of dividend’ is proposed by                
A
Walter
B
Gordon
C
Modigliani and Miller
D
Laplace
Question 40
A system in which Unions and Management negotiate with each other to develop the work rules, under which Union members will work for a stipulated period of time, is referred to as                
A
Man Power Planning
B
Career Planning
C
Collective Bargaining
D
Training and Development
Question 41
Developing new products for new markets, is called                 
A
Market Penetration
B
Diversification
C
Product Development
D
Market Development
Question 42
The term ‘Exchange Ratio’ is used in                         
A
Profitability Assessment
B
Capital Structure
C
Mergers and Acquisitions
D
Leverages
Question 43
Which of the following is a common cause of Machine Break down?                        
A
Inadequate preventive maintenance
B
Dirt, Oil and Chemicals accumulation
C
Incorrect machine set-up
D
All the above
Question 44
In the process of generating a Pool of qualified candidates for a particular Job, the 1st step, the hiring process, is called                
A
Induction
B
Selection
C
Recruitment
D
Training
Question 45
FOB Pricing is                    
A
Price skimming
B
Penetration pricing
C
Psychological pricing
D
Pricing in international trade
Question 46
A transaction, where financial securities are issued against the cash flow generated from a pool of assets is called                      
A
Securitization
B
Credit Default swaps
C
Credit Linked Notes
D
Total return swaps
Question 47
Read the following statements and select correct answer Statement —1: Operations Research is useful for optimization of resources. Statement—2: Operations Research does not determine the optimum replacement policies.                      
A
Statements 1 and 2 are true
B
Statement 1 is true but statement 2 is not true
C
Statement 1 is not true but statement 2 is true
D
Both statements 1 and 2 are not true
Question 48
Match the following:
 List—1 (Marketing Variables)    List—2 (Qualities)
 a. Product 1. Shape
 b. Price 2. Advertising
 c. Promotion 3. Discounts
 d. Place 4. Layout of store
   
  a b c d
 (A) 1 2 3 4
 (B) 3 4 1 2
 (C) 4 3 2 1
 (D) 1 3 2 4
 
A
(A)
B
(B)
C
(C)
D
(D)
Question 49
The process of providing employees with specific skills or helping them correct deficiencies in their performance is called                       
A
Counselling
B
Motivation
C
Recruitment and selection
D
Training
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SET/SLET Management Paper III - Online Mock Test

Congratulations - you have completed SET/SLET Management Paper III - Online Mock Test.You scored %%SCORE%% out of %%TOTAL%%.Your performance has been rated as %%RATING%%
Your answers are highlighted below.
Question 1
Which objective of financial management considers the risk and time value of money?       
A
Profit Maximisation objective
B
Wealth Maximisation objective
C
Turnover Maximisation objective
D
Growth Maximisation objective
Question 2
A zero level channel refers to                        
A
Personal selling
B
Direct Marketing
C
Buying from a retailer
D
Advertising
Question 3
Vestible training is provided                      
A
in the class room
B
off the job
C
on the job
D
in the training dept.
Question 4
Marine cargo insurance refers to                   
A
Surface Transport insurance
B
Aviation insurance
C
Sea Shipment insurance
D
None of the above
Question 5
Free cash flow means                           
A
Cash available for financing incremental working capital
B
Cash available for financing additional investment in plant and machinery
C
Cash available for meeting financial flows like debt servicing, dividend payments etc.,
D
None of the above
Question 6
Demarketing is done if one of the demand state is existing                       
A
Negative demand
B
Latent demand
C
Overfull demand
D
Irregular demand
Question 7
Group Training means                      
A
Sensitivity training
B
Class room training
C
Role playing
D
Training conference
Question 8
Which of the following is foreign investment?                  
A
Equity
B
Debenture
C
FDI
D
Government Bonds
Question 9
A portfolio consisting of two risky securities can be made riskless i.e. ᶿp = 0, if                        
A
the securities are perfectly positively correlated
B
the securities are perfectly negatively correlated
C
if the correlation ranges between 0 and 1
D
none of the above
Question 10
Market is defined as                         
A
A place where buyers and sellers meet
B
A place where goods are sold
C
A place where goods are bought
D
A set of actual and potential buyers of a product
Question 11
The foundations of MBO is                    
A
Goal setting only
B
Feed back only
C
Participation only
D
Goal setting, feed back, participation
Question 12
Which of the following is not a trading block?                   
A
SAARC
B
EU
C
NAFTA
D
IMF
Question 13
XYZ Co. Ltd., is operating in an industry in which the average rate of return on market portfolio is 10%. The beta co-efficient of the company is computed as 1 .75 and return on Government Security (risk free) is 6%. What will be the required rate of return on a stock of the company?                     
A
12.5%
B
13.0%
C
12.9 %
D
12.0 %
Question 14
When a company introduced a new Product, to its surprise, an article appeared in a news paper about the good qualities of the product. This is referred to as                    
A
Advertising
B
Sales Promotion
C
Publicity
D
Personal selling
Question 15
Under Worker’s Participation Scheme                 
A
Workers participate in decision making process
B
Workers get more benefits
C
Workers increase productivity
D
Workers decide their work themselves
Question 16
GATT was signed in the year                     
A
1995
B
2005
C
1947
D
1952
Question 17
Du Pont analysis was developed i. in 1920 ii. by F. Donalson Brown iii. a mechanical engineer iv. in Du Pont corporation The correct combination is                     
A
i, iii and iv
B
i and iv
C
ii, iii and iv
D
i, ii and iv
Question 18
Based on the customer value hierarchy, there are five product levels. Arrange them in lower value to higher value to the customer 1. Expected product 2. Basic product 3. Core product 4. Potential product 5. Augmented product                
A
1, 2, 3, 4, 5
B
3, 2, 1, 5, 4
C
3, 4, 5, 2, 1
D
1, 5, 4, 3, 2
Question 19
Collective Bargaining is                    
A
one party process
B
two party process
C
multi party process
D
none of the above
Question 20
Which one of the following is the function of Foreign Exchange Market?                 
A
Transfer of purchasing power
B
Minimising exchange rate risks
C
Credit for international business
D
All the above
Question 21
To get book value per share, what numerator is divided by what denominator? I. Networth as numerator II. Number of outstanding equity shares as denominator III. Value of outstanding equity shares as numerator IV. Total assets as denominator Choose the right combination               
A
I and III
B
I and II
C
II and IV
D
III and IV
Question 22
Arrange the following marketing concepts in an order, so that the last concept should mean “everything matters in marketing”. 1. The selling concept 2. The marketing concept 3. The holistic marketing concept 4. The product concept 5. The production concept                      
A
1, 2, 3, 5, 4
B
5, 4, 3, 2, 1
C
5, 4, 1, 2, 3
D
1, 2, 5, 4, 3
Question 23
Identify the element that is not a factor of limited success of collective bargaining in India                    
A
Problems with Union
B
Negotiation
C
Legal problems
D
Political Interference
Question 24
Which of the following is not a export document ?                  
A
Bill of Lading
B
Export license
C
Carting order
D
Duty drawback
Question 25
Which of the following are considered as capital components for the purpose of computing weighted average cost of capital ? I. Common stock & Preferred stock II. Short term loans from Banks III. Commercial Papers IV. Long term Debt Choose the right combination                   
A
I and II
B
II, III and IV
C
I and IV
D
I, II, III and IV
Question 26
A company has broad choices to enter a foreign market. Arrange the strategies from lower level to higher level involvement: 1 . Licensing 2. Direct exporting 3. Indirect exporting 4. Joint venture 5. Direct investment                      
A
3, 2, 1, 4, 5
B
1, 2, 3, 4, 5
C
5, 4, 3, 2, 1
D
4, 5, 1, 2, 3
Question 27
Identify the one that is not a function of Industrial Relations                       
A
Establishment of Workers and Managers Communication
B
Establishment of Employees and Management rapport
C
Ensure Trade Union Creative contribution
D
To Improve Workers Strength
Question 28
Which one of the following is a export promotion measure?                   
A
Abolishing export duties
B
Export subsidies
C
Marketing incentives
D
All of the above
Question 29
Which of the following would increase company’s debt ratio? I. An increase in cost incurred while filing for bankruptcy II. An increase in corporate tax rate III. An increase in personal tax rate IV. A decrease in firm’s business risk Choose the right combination                      
A
I, II and III
B
II, III and IV
C
II and IV
D
III and IV
Question 30
Marketing Research involves the following three steps. Arrange them in a sequence to make it meaningful 1. Data collection 2. Systematic design 3. Analysis of data                   
A
1, 2, 3
B
1, 3, 2
C
2, 1, 3
D
3, 1, 2
Question 31
Find the ‘odd’ in the ‘Benefits of Strategic HR Planning’                      
A
Encouragement of Proactive in place of reactive behaviour
B
Explicit communication of organization goals
C
Identification of gaps in current situation and future vision
D
Coping with the environment
Question 32
The double entry system of record of all economic transactions between the residents of a country and the rest of the world carried out in a specific period of time is referred to as                        
A
Balance of Trade
B
Balance of Payments
C
Current Account
D
Capital Account
Question 33
Based on the following information, answer the next three multiple choice questions: 33 to 35. A company is considering an investment proposal to install new milling controls at a cost of Rs. 50,000. The facility has a life expectancy of 5 years and no salvage value. The tax rate is 35%. Assume the firm uses straight line depreciation and the same is allowed for tax purposes. The estimated cash flows before depreciation and tax (CFBT) from the investment proposal are as follows Year:               1          2             3              4           5 CFBT(Rs.) 10,000, 10,692, 12,769, 13,462, 20,385 PV @10%   0.909,    0.826,    0.751,   0.683,   0.621   Choose the Pay Back Period 
A
4 years
B
4.328 years
C
4.5 years
D
4.75 years
Question 34
Choose the Average rate of return                 
A
9%
B
9.5%
C
10%
D
11%
Question 35
Choose the profitability index at 10% discount factor                
A
0.875
B
0.970
C
0.958
D
0.978
Question 36
Which of the following are consumer promotion tools? 1 . Premium 2. Coupons 3. Samples                 
A
1 and 2 are true
B
1 and 3 are true
C
2 and 3 are true
D
1, 2 and 3 are true
Question 37
Pricing a product will have certain objectives and they are 1. Attracting employees 2. Profit maximisation 3. Sales maximisation                   
A
1 and 2 are true
B
1 and 3 are true
C
2 and 3 are true
D
1, 2 and 3 are true
Question 38
Conditions for existence of exchange potential 1. Existence of two parties 2. Something of value to offer to other party 3. Capability of communication and delivery on both parties 4. Liberty to accept or reject the exchange offer                 
A
1 and 2 should exist
B
2 and 3 should exist
C
3 and 4 should exist
D
All the above should exist
Question 39
Based on the following information, answer the next three multiple choice questions : 39 to 42 Simuflite, a Texas Aviation Training Company, expected to whip the competition with Fas Trak, its Computer Based Training (CBT) curriculum for Corporate Pilots. Instead, the new venture sent Simuflite into a nosedive. In traditional ground-school training, Pilots ask questions and learn from ‘War Stories’ told by classmates and instructors. With Fas Trak, they sat in front of the computer for hours absorbing information. Their only interaction was tapping the computer screen to Provide answers to questions, and that novelty wore off very quickly. Pilots grew bored with the CBT Ground- School.Simuflite expected to combat competition with                    
A
Curriculum Based Training
B
Competition Based Training
C
Combat Based Training
D
Computer Based Training
Question 40
Pilots in Ground-School training heard from their Classmates and Instructors                       
A
Fiction Stories
B
War Stories
C
Humour Stories
D
Love Stories
Question 41
Pilots only interaction was with                  
A
Instructors
B
Computers
C
Classmates
D
Aero Engineers
Question 42
CBT by Simuflite resulted in                  
A
Higher sales
B
Lower sales
C
High competition
D
Low competition
Question 43
Which of the following is in correct sequence order?
 Ministerial Conference of WTO Held in
 1. I Ministerial Conference a. Doha
 2. II Ministerial Conference b. Seattle
 3. III Ministerial Conference c. Singapore
 4. IV Ministerial Conference d. Geneva
  
  1 2 3 4
 (A) a c d b
 (B) d c b a
 (C) b c a d
 (D) c d b a
  
A
(A)
B
(B)
C
(C)
D
(D)
Question 44
Which one of the following is international credit rating agency                      
A
IMF
B
World Bank
C
Standard and Poor
D
WTO
Question 45
Fifth Ministerial Conference of WTO was held in                  
A
Doha
B
Singapore
C
Mexico
D
Seattle
Question 46
Assertion (A): Optimal Capital Structure is the Capital structure at the level of debt, equity proportion, where the market value per share is maximum and cost of capital is minimum Reason(R): Earning per share multiplied by price-earning ratio gives market price per share.                    
A
A is correct but R is wrong
B
Both A and R are wrong
C
Both A and R are correct
D
A is wrong but R is correct
Question 47
Qualities required for production concept 1. Products are widely available and inexpensive 2. Managers concentrate on high production efficiency and low cost 3. Mass distribution 4. All the above                 
A
1 and 2 are true
B
2 and 3 are true
C
1 and 3 are true
D
All the above are true
Question 48
Arrange the following as per the procedure of conducting domestic enquiry 1. Calling the employee for explanation. 2. Considering the explanation of the employee. 3. Issuing a show cause notice. 4. Holding a full fledged enquiry. 5. Considering the witness report, documents, etc. 6. Considering the enquiry report. Write the correct sequence steps                    
A
1, 2, 3, 4, 5, 6
B
6, 1, 2, 3, 4, 5
C
5, 4, 3, 2, 1, 6
D
3, 2, 1, 5, 4, 6
Question 49
Which one of the following is not an instrument of trade policy                
A
Tariffs
B
Subsidies
C
Import Quotas
D
Letter of credit
Question 50
Assertion (A): Venture capital is the capital to raise to invest in high risk projects. Reason (R): ICICI was established to finance only venture capital projects.               
A
Both A and R are correct
B
A is correct but R is wrong
C
Both A and R are wrong
D
A is wrong but R is correct
Question 51
Match the following
 List -1 (Authors)   List -2 (Books)
 a. William J.Stanton 1. Principles of Marketing
 b. Cundiff and Still 2. Basic Marketing
 c. Mc Carthy 3. Sales Management
 d. Philip Kotler 4. Fundamentals of Marketing
  
  a b c d
 (A) 1 2 3 4
 (B) 4 3 2 1
 (C) 2 3 1 4
 (D) 3 2 4 1
 
A
(A)
B
(B)
C
(C)
D
(D)
Question 52
Match the following Big Five Personality
 I II
 a. Extroversion 1. Warm
 b. Agreeableness 2. Gregarious
 c. Conscientiousness 3. Stable
 d. Emotional stability 4. Imaginative
 e. Openness experience  5. Planful
   
  a b c d e
 (A) 2 3 1 5 4
 (B) 3 1 2 4 5
 (C) 2 1 5 3 4
 (D) 1 3 4 5 2
  
A
(A)
B
(B)
C
(C)
D
(D)
Question 53
GATT was transformed into WTO in the year                       
A
2001
B
1996
C
1995
D
2010
Question 54
Assertion(A): Walter’s and Gordon’s models are applicable to firms in which all financing is done through retained earnings and with zero leverage. Reason (R): The market price of the share, according to Gordon model is favourably effected with the increasing payment of dividends.                 
A
Both A and R are correct
B
Both A and R are wrong
C
A is correct but R is wrong
D
A is wrong but R is correct
Question 55
Match the following
 List—I  List—II
 a. Need 1. want supported by purchasing power
 b. Want 2. felt deprivation
 c. Demand 3. expression for specific good
    
  a b c
 (A) 2 3 1
 (B) 1 2 3
 (C) 3 2 1
 (D) 1 3 2
 
A
(A)
B
(B)
C
(C)
D
(D)
Question 56
Match the following
 a. Maslow 1. Expectancy theory
 b. Herzberg 2. ERG theory
 c. Vrooms 3. Need hierarchy
 d. Alderfers 4. Hygiene theory
   
  a b c d
 (A) 3 1 4 2
 (B) 3 4 1 2
 (C) 3 2 4 1
 (D) 2 4 3 1
 
A
(A)
B
(B)
C
(C)
D
(D)
Question 57
To encourage domestic production or to protect the domestic producer from foreign competitors, government pays to domestic producer by reducing operations cost. Such payments are called                     
A
Bill of Exchange
B
Foreign Exchange
C
Bill of Lading
D
Subsidies
Question 58
Arrange the components of current assets in the order of liquidity I. Sundry Debtors II. Bills Receivables III. Inventories IV. Cash and Bank                  
A
IV, III, II and I
B
IV, II, I and III
C
I, IV, II and III
D
III, II, IV and I
Question 59
Match the following
 List — I (Four Ps)   List — II (Four Cs)
 a. Product 1. Convenience
 b. Price 2. Communication
 c. Place 3. Customer Solution
 d. Promotion 4. Customer Cost
    
  a b c d
 (A) 3 1 4 2
 (B) 3 4 1 2
 (C) 1 2 3 4
 (D) 4 3 2 1
 
A
(A)
B
(B)
C
(C)
D
(D)
Question 60
Assertion (A): Employee Welfare enhances Industrial/ Organisational Productivity. Reason (R): Welfare need to be tackled on Statutory and Non-statutory basis.                   
A
A is right and R is wrong
B
A is wrong and R is right
C
A and R are right
D
A and R are wrong
Question 61
Give the Acronym of ASEAN                   
A
Association of South East Asian Nations
B
Asian South East African Nations
C
Association of South East American Nations
D
Association of South East Ancient Nations
Question 62
Match the following
 List  I (Form of Dividend)    List- II (Feature)
 i. Cash Dividend a. Securities
 ii. Stock Dividend b. Promissory notes
 iii. Bond Dividend c. Liquidity
 iv. Property Dividend d. Bonus shares
   
  i ii iii iv
 (A) d b c a
 (B) a c d b
 (C) c d b a
 (D) b a d c
 
A
(A)
B
(B)
C
(C)
D
(D)
Question 63
Match the following
 List-I (Companies)   List-II (Market definition) 
 a. Xerox 1. We provide climate control in the home
 b. Columbia Pictures 2. We are a people and goods mover
 c. Carrier 3. We help improve office productivity
 d. Missouri Pacific Railroad 4. We market entertainment
   
  a b c d
 (A) 3 4 2 1
 (B) 3 2 1 4
 (C) 3 4 1 2
 (D) 3 2 4 1
 
A
(A)
B
(B)
C
(C)
D
(D)
Question 64
Write the steps in voluntary arbitration 1. The voluntary submission of dispute to an arbitrator 2. The subsequent attendance of witness and investigations 3. The enforcement of an award may not be necessary                
A
3, 2, 1
B
2, 1, 3
C
1, 2, 3
D
3, 1, 2
Question 65
Match the following:
  List—I     List—II
 i. The price at which instrument is traded. a. Option
 ii. A contract that gives the holder the right but not the obligation. b. Forward Contract
 iii. An agreement to buy or sell a security on a specified date for a specified price. c. Spot price
 iv. The possibility of default by any one party to the transaction d. Counter party risk
            
  i ii iii iv
 (A) a c d b
 (B) b a c d
 (C) c a b d
 (D) d c a b
 
A
(A)
B
(B)
C
(C)
D
(D)
Question 66
‘Marketing Myopia’ is coined by                     
A
Philip Kotler
B
Al Ries
C
Theodore Levith
D
Peter F. Drucker
Question 67
Job Analysis involves 1. Developing training skills 2. Identifying Machine tools 3. Identification of the task to be performed by an individual 4. Determination of the materials and products. Write the correct sequence of steps in Job Analysis                    
A
3, 2, 4, 1
B
3, 2, 1, 4
C
2, 3, 4, 1
D
2, 3, 1, 4
Question 68
Match the following
 List—I  List—II
 i. The price of one currency expressed in terms of the currency of another country a. Spread
 ii. The difference between the Ask price and Bid price b. Spot rate
 iii. The rate of exchange of two currencies on the basis of exchange quotes of other pairs of currencies c. Cross rate
 iv. Rate of exchange of the day on which the transaction has taken place and of the day the transaction is executed d. Exchange rate
Code:
  i ii iii iv
 (A) a c d b
 (B) d a c b
 (C) b c a d
 (D) c b d a
 
A
(A)
B
(B)
C
(C)
D
(D)
Question 69
Match the following
 List-1 (Strategies)   List- 2 (Market and Products)
 a. Market penetration 1. New markets-new products.
 b. Market development 2. New markets- current products
 c. Product development 3. Current markets- new products
 d. Diversification 4. Current markets- current products
  
  a b c d
 (A) 4 3 2 1
 (B) 1 2 3 4
 (C) 3 2 4 1
 (D) 4 2 3 1
 
A
(A)
B
(B)
C
(C)
D
(D)
Question 70
Promotion means 1. Elevation to higher position. 2. Elevation to higher position with financial benefits. 3. Elevation to higher position with more power.                     
A
1 and 2 only
B
1 and 3 only
C
2 and 3 only
D
All the above
Question 71
Choose customer order processing in sequential order from the following                        
A
Invoice raised, establish credit status, check credit limit, goods deliver, issue delivery note
B
Issue delivery note, establish credit status, check credit limit, invoice raised, goods deliver
C
Establish credit status, check credit limit, issue delivery note, goods deliver, invoice raised
D
Check credit limit, invoice raised, establish credit status, issue delivery note, goods deliver
Question 72
In marketing, needs are defined as                      
A
primary needs
B
physiological needs
C
psychological needs
D
any felt deprivations
Question 73
Which of the following constitute manpower planning? 1. Determine human resource requirements both qualitatively and quantitatively. 2. Find the source of talented individuals. 3. Planning for the human resource needs of an organization. 4. Processing the right people.                  
A
1, 2 and 4
B
2 and 3
C
l and 3
D
1, 2, 3 and 4
Question 74
Choose the process of capital budgeting in a sequential order from the following                  
A
Project evaluation, Project generation, Project selection and Project execution
B
Project selection, project execution, project generation and project evaluation.
C
Project generation, project evaluation, project selection and project execution.
D
Project generation, project selection, project execution and project evaluation
Question 75
Match the following
 a. Strike 1. Employer
 b. Lock out 2. Arbitrator
 c. Adjudication 3. Employee
 d. Arbitration 4. Courts
     
  a b c d
 (A) 3 2 4 1
 (B) 3 1 4 2
 (C) 3 4 1 2
 (D) 3 1 2 4
 
A
(A)
B
(B)
C
(C)
D
(D)
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