📣 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 December 2018 Management Part 1

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Detailed solutions to these questions are available at doorsteptutor. com

Q-1 Which of the following are the components of international logistics?

  1. Fixed facilities location
  2. Inventory management
  3. Order processing

Choose the correct answer from the code given below:

Options:-

  1. (i) , (ii) and (iii)
  2. (ii) and (iii)
  3. (i) and (iii)
  4. (i) and (ii)

Q-2 Given below are two statements, one labelled as Assertion (A) and the other labelled as Reason (R) . Read the statements and choose the correct answer using the code given below.

Assertion (A) : Growing proportion of the world output is traded internationally, causing faster growth of trade among nations.

Reason (R) : this situation is bringing world economic integration, which is reinforced by cross-border capital flows and regional blocs.

Options:-

  1. Both (A) and (R) are correct and (R) is the right explanation of (A) .
  2. Both (A) and (R) are correct, but (R) is not the right explanation of (A) .
  3. (A) is correct, but (R) is incorrect.
  4. Both (A) and (R) are incorrect.

Q-3 Which one of the following types of retailers is “D Mart” ?

Options:-

  1. Convenience store
  2. Discount store
  3. Super market
  4. Catalogue store

Q-4 Given below are two statements, one labelled as Assertion (A) and the other labelled as Reason (R) . Read the statements and choose the correct answer using the code given below.

Assertion (A) : The world Investment Report has prepared a transnationality index comprising average of three rations based on foreign assets, foreign sales, and foreign employment.

Reason (R) : Given the increasing liberal investment and environment policy in which such companies operate, transnationality would enhance strategy for greater penetration.

Options:-

  1. (A) is correct, but (R) is incorrect.
  2. Both (A) and (R) are correct and (R) is not the right explanation of (A) .
  3. Both (A) and (R) are incorrect.
  4. Both (A) and (R) are correct, but (R) is the right explanation of (A) .

Q-5 Which among the following is also known as ‘Cross Contact’ communication?

Options:-

  1. Concealed communication
  2. Intra-scalar communication
  3. Inter-scalar communication
  4. Extra organization communication

Q-6 Match the items of List I with the items of List II and Choose the correct answer from the code given bellow.

List 1 & List 2 Q 6
List I

(Marco strategies for developing customer value)

List II

(Specific strategy)

  1. Customer excellence
  • Store on the corner of a busy intersection
  • Operational excellence
  • Unique merchandise
  • Product excellence
  • Strong relationships with their suppliers
  • Locational excellence
  • Effective branding

Options:-

  1. (a) - (ii) , (b) - (iv) , (c) - (iii) , (d) - (i)
  2. (a) - (iv) , (b) - (iii) , (c) - (ii) , (d) - (i)
  3. (a) - (iv) , (b) - (ii) , (c) - (i) , (d) - (iii)
  4. (a) - (ii) , (b) - (iii) , (c) - (iv) , (d) - (i)

Q-7 The given statements are related to financial derivatives. Choose the correct code for the statements being correct or incorrect.

Statement I: A speculator will gain, if he sells foreign currency under a forward contract, when the spot price is higher than the forward price.

Statement II: In currency futures, intra currency spread exists when a speculator buys/sells the same currency for two delivery dates.

Options:-

  1. Both the statements I and II are correct.
  2. Statement II is correct, but I is incorrect.
  3. Statement I is correct, but II is incorrect.
  4. Both the statements I and II are incorrect.

Q-8 Arrange the following steps of succession planning in the correct sequence:

  1. Define competencies required to perform roles.
  2. With future orientation, assess people against criteria.
  3. Identify key roles for succession or replacement planning.
  4. Develop employees to be ready for future key roles.
  5. Identify pool of talent that can potentially perform highly in key roles.

Choose the correct answer from the code given below:

Options:-

  1. (ii) , (iii) , (i) , (iv) , (v)
  2. (v) , (ii) , (i) , (iii) , (iv)
  3. (iii) , (i) , (ii) , (v) , (iv)
  4. (ii) , (i) , (iii) , (iv) , (v)

Q-9 Which among the following is not a broader classification of motivation?

Options:-

  1. Unitary motivation
  2. Negative motivation
  3. Monetary motivation
  4. Positive motivation

Q-10 The given statements are related decision tree analysis. Choose the correct code for the statements being correct or incorrect.

Statement I: A decision tree contains the probabilities of outcomes and the conditional monetary values attached to those outcomes.

Statement II: In a decision tree, ‘nodes’ at the left represent actions that occur before nodes that fall farther to the right.

Options:-

  1. Both the statements I and II are incorrect.
  2. Statement I is correct, but II is incorrect.
  3. Statement II is correct, but I is incorrect.
  4. Both the statements I and II are correct.

Q-11 Given below are two statements, one labelled as Assertion (A) and the other labelled as Reason (R) . Read the statements and choose the correct answer using the code given below.

Assertion (A) : Archie Carroll՚s model speaks of an organisation՚s four most basic forms of responsibility in order of priority.

Reason (R) : Economic, legal, ethical, philanthropic responsibilities and their compliance increases brand value and furthers the profit.

Options:-

  1. Both (A) and (R) are correct and (R) is not the right explanation of (A) .
  2. Both (A) and (R) are incorrect.
  3. (A) is correct, but (R) is incorrect.
  4. Both (A) and (R) are correct, but (R) is the right explanation of (A) .

Q-12 The following statements relate to value based organisations. Choose the correct code for the statements being correct or incorrect.

Statement I: The goal of any sales promotion is to create value for both the consumer and the firm.

Statement II: Sales promotion always shifts sales from the future to now and thereby leads to short-run benefits at the expense of long-term sales stability.

Options:-

  1. Both the statements I and II are correct.
  2. Both the statements I and II are incorrect.
  3. Statement I is correct, but II is incorrect.
  4. Statement II is correct, but I is incorrect.

Q-13 The following statements relate to sampling distributions. Choose the correct code for the statements being correct or incorrect.

Statement I: Sampling distribution of mean is normally distributed irrespective of the type of population distribution and size of samples.

Statement II: The standard deviation of the sampling distribution of mean is less than the standard deviation of the population distribution.

Options:-

  1. Both the statements I and II are incorrect.
  2. Statement II is correct, but I is incorrect.
  3. Statement I is correct, but II is incorrect.
  4. Both the statements I and II are correct.

Q-14 Given below are two statements, one labelled as Assertion (A) and the other labelled as Reason (R) . Read the statements and choose the correct answer using the code given below.

Assertion (A) : In the 21st century we are going to need a new generation of leaders; not managers.

Reason (R) : Leadership is about developing a vision of the future rather than just aligning people by communicating this vision and inspiring them to overcome hurdles.

Options:-

  1. Both (A) and (R) are correct, but (R) is not the right explanation of (A) .
  2. Both (A) and (R) are incorrect.
  3. (A) is correct, but (R) is incorrect.
  4. Both (A) and (R) are correct and (R) is the right explanation of (A) .

Q-15 Given below are two statements, one labelled as Assertion (A) and the other labelled as Reason (R) . Read the statements and choose the correct answer using the code given below.

Assertion (A) : Cultural differences, behavioural attitude of workers, social environment, values and beliefs affect industrial relations and loyalty.

Reason (R) : Differences relating to labour mobility and cultural influences affect the way of addressing the superior authority.

Options:-

  1. Both (A) and (R) are correct and (R) is the right explanation of (A) .
  2. (A) is correct, but (R) is incorrect.
  3. Both (A) and (R) are incorrect.
  4. Both (A) and (R) are correct, but (R) is not the right explanation of (A) .

Q-16 Match the items of List I with the items of List II and Choose the correct answer from the code given bellow. These items relate to BCG matrix.

List 1 & List 2 Q 16
List I

(Names of the quadrant)

List II

(Action required)

  1. Dogs
  • Have excess resources that can be spun off to those products that need it.
  • Question marks
  • Require a heavy resource investment to fuel their rapid growth
  • Cash cows
  • Should be phased out unless they are needed to complement the sales of another product or for competitive reasons
  • Stars
  • Require significant resources to maintain and potentially increase their market share

Options:-

  1. (a) - (ii) , (b) - (iv) , (c) - (iii) , (d) - (i)
  2. (a) - (iii) , (b) - (i) , (c) - (iv) , (d) - (ii)
  3. (a) - (iv) , (b) - (iii) , (c) - (i) , (d) - (ii)
  4. (a) - (iii) , (b) - (iv) , (c) - (i) , (d) - (ii)

Q-17 Indicate the correct code for the points taken into consideration for product line pricing from the following:

  1. Demand relationships of different products
  2. Competitive situation in the product market
  3. Advertising endeavours for different products
  4. Cost estimates for various products

Choose the correct answer from the code given below:

Options:-

  1. Only (ii) and (iii)
  2. Only (i) , (ii) and (iv)
  3. Only (ii) , (iii) and (iv)
  4. Only (i) , (ii) and (iii)

Q-18 Indicate the correct code for discounted cash flow techniques for capital investment proposals from the following:

  1. Net Present Value Method
  2. Internal Rate of Return method
  3. Excess Benefit-Cost Ratio method
  4. Net Terminal Value method

Choose the correct answer from the code given below:

Options:-

  1. Only (i) and (ii)
  2. Only (ii) and (iv)
  3. Only (ii) , (iii) and (iv)
  4. Only (i) , (ii) and (iii)

Q-19 A manufacturing company has an expected usage of 50,000 units of a certain product during next year. The cost of processing an order is ₹ 20 and the carrying cost per unit is ₹ 0.50 for one year. What will be the Economic Ordering Quantity?

Options:-

  1. 1000 units
  2. 2000 units
  3. 2500 units
  4. 1500 units

Q-20 In the context of regional integration, which of the following equations is not correct?

Options:-

  1. Common Market = Customs Union + NTBs + Factor mobility
  2. Economic Integration = Common market + Fixed exchange rate + Macro economic Co-ordination
  3. Free Trade Area = Customs Union – Common external tariff
  4. Customs Union = Free trade area + Common external tariff