Paper 3 has been removed from NET from 2018 (Notification)- now paper 2 and 3 syllabus is included in paper 2. Practice both paper 2 and 3 from past papers.

NTA NET Commerce 26 June 2019 Part 4 Download all the papers to prepare for NET 2020

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Ques 60. Following are the steps in the activity based cost allocation:

(a) Identification of the main activities

(b) Collection of cost pool

(c) Determination of the activity cost drivers

(d) Calculation of activity driver rate

(e) Charging the cost of activities to products

Select the correct sequence of the above steps:

(I) (a), (b), (c), (e), (d)

(II) (a), (b), (e), (d), (c)

(III) (a), (b), (c), (d), (e)

(IV) (a), (d), (c), (b), (e)

Ques 61. Study the following information:

Covariance between X and Y series

Standard deviation of X series

Standard deviation of Y series

No. of pairs of observation

The coefficient of correlation is

(I)

(II)

(III)

(IV)

Ques 62. As per Section 52 of the Companies Act 2013, the balance in the Security Premium Account cannot be utilized for

(I) payment of dividend

(II) Writing off discount on issue of shares

(III) Issue of fully paid up bonus share

(IV) Capital losses

Ques 63. Which one of the following analyses is suitable for risk return analysis in financial decisions?

(I) CAPM analysis

(II) SWOT analysis

(III) Capital gearing

(IV) EVA analysis

Ques 64. Match List I with List II

List - I

(a) Cyber Crime

(b) Doctrine of Caveat Emptor

(c) Dishonour of Bill

(d) Patent and Copyrights

List - II

(i) Intellectual Property Right Act

(ii) Negotiable Instrument Act

(iii) Sale of Goods Act

(iv) The Information Technology Act

Choose the correct option from those given below:

(I) (a)-(iii), (b)-(iv), (c)-(i), (d)-(ii)

(II) (a)-(iii), (b)-(ii), (c)-(iv), (d)-(i)

(III) (a)-(iv), (b)-(iii), (c)-(ii), (d)-(i)

(IV) (a)-(ii), (b)-(iv), (c)-(iii), (d)-(i)

Ques 65. What is the probability that sum of outcomes on a pair of dice is equal to 8?

(I)

(II)

(III)

(IV)

Ques 66. After the US dollar, which of the following currencies has largest weightage in determining the value of SDR?

(I) Japanese Yen

(II) Chinese Yuan

(III) Euro

(IV) British Pound

Ques 67. Redeemable preference shares of ₹ 2, 00,000 are to be redeemed at par for which fresh equity shares of ₹ 80,000 are issued at a discount of 10%. What amount should be transferred to Capital Redemption Reserve Account?

(I) ₹

(II) ₹

(III) ₹

(IV) ₹

Ques 68. The social environment of the job affects people and is also affected by them and not by management alone, is the main proposition of

(I) contingency theory of organisation

(II) System theory of organisation

(III) Classical theory of organisation

(IV) Neo classical theory of organisation

Ques 69. Match List I with List II

List I

(Objectives of business firms)

(a) Maximisation of firm's growth rate

(b) Managerial utility function

(c) Satisfying behaviour

(d) Sales Maximisation

List II

(Hypothesis)

(i) Baumol's hypothesis

(ii) Marris hypothesis

(iii) Williamson hypothesis

(iv) Cryert March hypothesis

Choose the correct option from those given below:

(I) (a)-(ii), (b)-(iii), (c)-(iv), (d)-(i)

(II) (a)-(iii), (b)-(iv), (c)-(i), (d)-(ii)

(III) (a)-(iv), (b)-(i), (c)-(ii), (d)-(iii)

(IV) (a)-(i), (b)-(ii), (c)-(iii), (d)-(iv)

Ques 70. Which of the following does NOT fall in the ambit of the objectives of Competition Act 2002?

(I) Encourage Competition

(II) Prevent abuse of dominant position

(III) Prevent monopolistic rights arising out of intellectual property

(IV) Regulate mergers and acquisitions

Ques 71. The attitude based on beliefs, opinion, knowledge or information about the particular event which the employee possesses is

(I) behavioural attitude

(II) Positive attitude

(III) Cognitive attitude

(IV) Affective attitude

Ques 72. The channel alternative is NOT to be assessed on the basis of

(I) economic criteria

(II) Control criteria

(III) Adaptive criteria

(IV) Accumulation criteria

Ques 73. Deduction u/s 37(1) is allowed under tax laws for those expenditures which are

(I) revenue

(II) Capital

(III) Both revenue and capital

(IV) Deferred revenue expenses

Ques 74. Peter F Drucker noted the relationship between selling and marketing in which of the following terms?

(I) Marketing is a subsidiary component of selling

(II) The aim of marketing is to make selling superfluous

(III) The aim of selling is to make marketing superfluous

(IV) Selling and marketing are essentially the same things

Ques 75. Assertion (A): The Reserve Bank of India is an important regulatory and administrative authority to execute FEMA provisions.

Reason (R): Being monetary authority and custodian of foreign exchange, Reserve Bank of India enjoys requisite expertise of FEMA administration.

In the context of the above two statements, which one of the following option is correct?

(I) Both (A) and (R) are correct and (R) is the right explanation of (A)

(II) Both (A) and (R) are correct but (R) is not the right explanation of (A)

(III) Both (A) and (R) are incorrect

(IV) (A) is correct but (R) is not correct

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