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NTA NET Management June-2013 Solved Paper III
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- Secrets to easily score in UGC Paper-I-Get India՚s number 1 postal course with thoursands of UGC NET Paper-I questions Examrace NTA-NET Paper-I Postal Course
- From the following identify one which is not a collusive oligopoly model
- Cartels
- Edgeworth Model
- Price Leadership
- Market Share Model
Answer: b
- The rate at which the consumer can trade one good for another is termed as marginal rate of substitution in
- Exchange
- Consumption
- Production
- The distribution
Answer: a
- If demand equation is given by D = 1000 – P and the supply equation is given by S = 100 + 4P, price will be
- 160
- 180
- 170
- 200
Answer: b
- Arrange the following steps, involved in the estimation of a demand function using econometric analysis, in the proper order
- Collection of data
- Estimating the parameters of the model
- Mathematical specification of the relationship among the variables
- Using the estimates to arrive at the estimates of variables.
- Identification of variables
Codes:
- 5, 1,3, 4,2
- 1, 2,3, 4,5
- 1, 2,4, 3,5
- 5, 1,3, 2,4
Answer: d
- Match the items given in Column A with the suitable items given in Column B: Column A Column B
List-I List-II - Maximisation of society՚s welfare even when indviduals behave selfishly to further their own economic status.
- State of balance from which there is no tendency to change.
- Best possible state within a given set of constraints.
- A situation wherein a customer always prefer more of goods to less of goods.
- Equilibrium
- Non-Satiation
- The invisible hand
- Optimisation
- A
- B
- C
- D
- 4
- 1
- 3
- 2
- 2
- 1
- 4
- 3
- 3
- 1
- 4
- 2
- 4
- 1
- 2
- 3
Answer: c
- Which one is not the technique of personality measurement?
- Projective Technique
- Word Association Technique
- Raven՚s Progressive Matrices
- Sentence Completion Technique
Answer: c
- Drive is explained by
- Any strong stimulus that impels action.
- Any object, event exiting in the environment.
- Anything that increases the repetition of behaviour.
- None of the above
Answer: a
- Consider the following phases of Organisational Development (OD) :
- Entry into the organisation
- Development of internal resources
- Problem identification
- Specific intervention
- Building a collaborative culture
Rearrange the above stages in an orderly sequence:
- 1 ⇾ c ⇾ 2 ⇾ 4 ⇾ 5
- 1 ⇾ 2 ⇾ 3 ⇾ 4 ⇾ 5
- 3 ⇾ 2 ⇾ 1 ⇾ 5 ⇾ 4
- 1 ⇾ 3 ⇾ 4 ⇾ 5 ⇾ 2
Answer: d
- Match the following:
List-I (Explanation) List-II (Term) - The beliefs or ideas one has about an object or situation
- The feelings or emotions one has about an object or situation
- Psychological discomfort experienced when attitudes and behavior are inconsistent
- How one intends to act or behave toward someone or something
- Attitude
- Cognitive component
- Affective component
- Behavioural component
- A
- B
- C
- D
- 1
- 2
- 3
- 4
- 2
- 3
- 4
- 1
- 3
- 2
- 4
- 1
- 3
- 4
- 2
- 1
Answer: b
- Match the theories given in Column – I with the explanations in Column – II:
List-I List-II - Super ego
- Closure
- Immaturity – Maturity Theory
- Looking glass-self
- Individual moves from a state of passivity as a child to state of activity as an adult.
- Social values and personal norms that serve as an ethical constraint on behaviour.
- Perception of a person about how others are perceiving his qualities.
- People when faced with incomplete information tend to fill gaps themselves.
- A
- B
- C
- D
- 1
- 2
- 3
- 4
- 1
- 2
- 4
- 3
- 2
- 1
- 3
- 4
- 2
- 4
- 1
- 3
Answer: d
- What is the procedure in which an employer and a group of employees agree to the conditions of work?
- Dispute settlement
- Collective bargaining
- Industrial democracy
- None of the above
Answer: b
- Factor comparison method is used as a technique of
- Job Analysis
- Job Evaluation
- Job Design
- None of the above
Answer: b
- Succession planning can best be explained by
- Activity in which managers make decisions regardng the advancement potential of subordinates.
- Activity that focuses on preparing people to fill executive positions.
- A chart showing the possible directions and career opportunities available in an organization.
- None of the above
Answer: b
- Employees join union when they
- Are dissatisfied with certain aspects of their jobs.
- Feel that they lack influence with management to make the needed change.
- Feel unionization as a solution to their problems.
- All the above
Answer: d
- Identify the correct sequence of the steps of grievance procedure required to be followed for the grievance handling
- Departmental Manager
- Immediate Supervisor
- Arbitration
- Trade Union՚s intervention
- 1,2, 3 & 4
- 2,3, 1 & 4
- 2,1, 4 & 3
- 2,4, 1 & 3
Answer: c
- Match the following:
List-I List-II - Job posting system
- Career path
- Skills inventory
- Career Resource Centre
- A company maintained record of employee՚s abilities, skills, knowledge and education.
- A chart showing the possible direction and opportunities available to an employee in the organization.
- A collection of career development materials.
- A system in which an organization announces job openings.
- A
- B
- C
- D
- 1
- 2
- 3
- 4
- 2
- 3
- 4
- 1
- 4
- 2
- 1
- 3
- 3
- 4
- 1
- 2
Answer: c
- Match the following:
List-I List-II - Attrition
- Downsizing
- Involuntary separation
- Right sizing
- Separation that occurs when an employer decides to terminate its relationship with an employee due to economic necessity.
- A company՚s strategy of separation of employees to reduce the scale (size) and scope of its business in order to improve the company՚s financial performance.
- The process of reorganizing a company՚s employees to improve their efficiency.
- An employment policy designed to reduce the company՚s workforce by not refilling job vacancies that are created by turnover.
- A
- B
- C
- D
- 1
- 2
- 3
- 4
- 4
- 2
- 1
- 3
- 3
- 2
- 4
- 1
- 2
- 1
- 3
- 4
Answer: b
- Which one of the following is the advantage of team-based pay for performance plans?
- Financial incentives can shape a person՚s goals.
- Can help the firm to attain individual equity.
- Fit an individualistic culture.
- Aids performance measurement.
Answer: d
- Which one of the following is not Human Resource requirement estimation method?
- Regression Analysis
- Ratio Analysis
- Top-down Approach
- All of the above
Answer: d
- Which of the following form for improving workers participation in management was included in the recommendations of the Justice Rajinder Sachar Committee report?
- Works Committee
- Joint Management Council
- Workers՚representation in the Board of Directors and allotment of equity to workers
- Unit Council
Answer: c
- JK Ltd. Has earned 8 % return on total assets of ₹ 50,00, 000 and has a Net Profit Ratio of 5 % . Find out the sales of the firm.
- ₹ 4,00, 000
- ₹ 2,80, 000
- ₹ 80,00, 000
- ₹ 83,33, 333
Answer: c
- Net Present Value Method and Internal Rate of Return Method of capital budgeting techniques may give conflicting accept-reject decision due to
- Disparity in initial investment
- Disparity in timing of cash flow
- Disparity in the life of the project
- 1 only
- 2 only
- 1 and 2 only
- 1,2 and 3
Answer: d
- Beta B of risk-free investment is
- – 1
- 0
- 1
- None of these
Answer: b
- A firm՚s inventory planning period is one year. Its inventory requrement for this period is 400 units. Assume that its acquisition costs are ₹ 50 per order. The carrying costs are expected to be ₹ 1 per unit per year for an item. What is EOQ?
- 800 units
- 200 units
- 100 units
- None of the above
Answer: b
- Margin of Safety ratio can be calculated as
- (Actual Sales – Breakeven Sales) /Actual Sales × 100
- (Actual Sales – Break-even Sales) /Break even Sales × 100
- (Break even Sales – Actual Sales) /Actual Sales × 100
- (Break even Sales – Actual Sales) /Break even Sales × 100
Answer: a
- This cost arises out of the failure of the customers to meet their obligations when payment on credit sales becomes due after the expiry of the credit period.
- Default Cost
- Delinquency Cost
- Capital Cost
- Collection Cost
Answer: b
- The following data are available from the annual report of a company: Current Assets ₹ 4,80, 000; Current Liabilities ₹ 3,00, 000; Average total assets ₹ 20,00, 000; Operating income ₹ 2,40, 000; Average total equity ₹ 8,00, 000; Net income ₹ 80,000. Which of the following statement is correct?
- Return on equity exceeds the return on assets.
- Working capital is ₹ 12,00, 000.
- Current Ratio is 0.625 to 1
- None of the above:
Answer: d
- The annual credit sales of a firm is ₹ 12,80, 000 and the debtors amount to ₹ 1,60, 000. The debtors turnover and average collection period are ________.
- 4 & 90 days
- 8 & 45 days
- 6 & 60 days
- 8 & 60 days
Answer: b
- The formula used for valuation of equity shares with assumption of normal growth in dividend is
- D0/ (Ke – g)
- D1/ (Ke – g)
- E0/ (Ke – g)
- E1/ (Ke – g)
Answer: b
- Match the following:
List-I (Statement) List-II (Term) - A combination of two puts and one call with the same exercise price and expiration date.
- A combination of one put and two calls with the same exercise price and expiration date.
- A portfolio of put and call with the same expiration date but with different exercise price.
- A position where the option writer does not hold a share in his portfolio that has a counter balancing effect.
- Strap
- Strip
- Strangle
- Naked option
- A
- B
- C
- D
- 2
- 1
- 3
- 4
- 1
- 2
- 3
- 4
- 2
- 1
- 4
- 3
- 1
- 3
- 2
- 4
Answer: a
- “Motivational research is a form of market research that attempts to discover the deeper reasons why people buy.” Who said it?
- Manson and Rath
- Stanton
- Still and Scweff
- Philip Kotler
Answer: a
- In multi-level channel arrangement Jobber stands in between ________.
- Manufacturer and wholesaler
- Wholesaler and retailer
- Retailer and consumer
- None of these
Answer: b
- A company following a strategy of advertising the product for a period followed by a period with no advertising is called
- Concentration
- Flighting
- Pulsing
- Continuity
Answer: b
- Franchise organisation is an example of ________ vertical marketing system.
- Corporate
- Administered
- Contractual
- Co-operative
Answer: c
- Statement 1: I: Introducing an existing product in the new market is called market development.
- Statement 2: II: Introducing a new product in the existing market is called diversification.
- Statement 3: III: Introducing an existing product in the existing market is called market penetration.
- Statements I & II are only correct.
- Statements I & III are only correct.
- Statements II & III are only correct.
- Statements I, II & III are correct.
- Statement 1: I: Sweep Stakes calls for consumers to submit an entry to be examined by a panel of judges who will select the best entry.
- Statement 2: II: A contest asks consumers to submt their names in a drawing.
- Statement 1 is correct and II is wrong.
- Statement 2 is correct and I is wrong.
- Both statements are wrong.
- Both statements are correct.
- Arrange the following steps in the perceptional process in the sequential order:
- Interpretation
- Memory
- Exposure
- Attention
- 4,3, 1,2
- 3,2, 1,4
- 3,4, 1,2
- 4,3, 2,1
Answer: c
- Match the following:
List-I (Motivational Models) List-II (Elements) - Economic Model
- Learning Model
- Psychoanalytic Model
- Organisational Model
- Attractive Design
- Inspiration
- Sex
- Cost of Product
- A
- B
- C
- D
- 1
- 2
- 3
- 4
- 2
- 3
- 4
- 1
- 3
- 4
- 1
- 2
- 2
- 4
- 3
- 1
Answer: d
- Match List-I with List-II:
List-I (Type of Control) List-II (Prime Responsibility) - Annual Plan Control
- Profitability Control
- Efficiency Control
- Strategic Control
- Line and Staff Management or Marketing Controller
- Top/Middle Management
- Marketing Controller
- Top Management/Marketing Auditor
- A
- B
- C
- D
- 2
- 3
- 1
- 4
- 1
- 3
- 2
- 4
- 2
- 1
- 4
- 3
- 2
- 3
- 4
- 1
Answer: a
- Which of the following statement is true?
- A brand name is a part of brand which can be vocalized.
- A brand is usually composed of a name and mark of a product.
- Brand means a name, term and symbol or a mix thereof used to identify the product of a firm and to distinguish.
- All of the above
Answer: d
- The term inventory includes
- The stock of raw materials only.
- The stock of finished goods only.
- The stock of raw materials and goods required for production in a factory or finished goods for sales.
- None of the above:
Answer: c
- Statement 1: I: Operations research seeks to replace intuitive decision making for large complex problems with an approach that identifies the optimal or best alternative through analysis.
- Statement 2: II: Operations Managers have adopted the approaches and techniques of operations research to improve their decision-making.
- Both statements I & II are true.
- Both statements I & II are false.
- Statement 1 is true but Statement 2 is false.
- Statement 2 is true but Statement 1 is false.
- ________ is used for analyzing capacity planning decisions.
- Break-even Analysis
- Present-value Analysis
- Simulation and Waiting Line Analysis
- All the above
Answer: d
- Match the following:
List-I List-II - To co-ordinate work centre schedules by showing the progress of each job
- The goal of continuous improvement in every phase of manufacturing
- Optimal quantity asked to supply that minimizes total annual stocking costs
- End product or service of a conversion system
- The number of arrivals waiting to be serviced
- EOQ
- Queue length
- Gantt chart
- Kaizen
- Output
- A
- B
- C
- D
- E
- 3
- 4
- 1
- 5
- 2
- 1
- 2
- 3
- 4
- 5
- 5
- 4
- 2
- 3
- 1
- 2
- 3
- 4
- 1
- 5
Answer: a
- Match the following:
List-I List-II - Any physically identifiable part of a project
- The terminal point of an activity
- The longest chain in the Network
- Logically and sequentially connected arrows and nodes
- Network
- Event
- Activity
- Critical path
- A
- B
- C
- D
- 1
- 2
- 3
- 4
- 3
- 2
- 4
- 1
- 2
- 4
- 1
- 3
- 4
- 1
- 2
- 3
Answer: b
- For nominal data, the only measure of central tendency that can be applied is
- Arithmetic mean
- Harmonic mean
- Median
- Mode
Answer: d
- Tukey Kramer Test is applied when
- There is significant difference between means of two groups.
- There is significant difference between means of three groups.
- There is no significant difference between means of two groups.
- There is no significant difference between the means of three groups.
Answer: b
- The steps taken to solve a problem are given below. Arrange them in the correct order:
- Analyze
- Test
- Implement
- Evaluate
- Document
- Design
- Develop
Codes:
- 1, 6, 7, 2,5, 3,4
- 1, 2, 3, 4,5, 6,7
- 1, 6, 3, 2,4, 5,7
- 1, 6, 7, 3,2, 4,5
Answer: a
- Arrange the steps given below in the proper order in the process of selection of samples:
- Determining sample size
- Specifying sampling method
- Selecting samples
- Defining the population
- Developing sample frame
Codes:
- 4, 1,5, 2,3
- 4, 5,2, 1,3
- 4, 5,1, 2,3
- 4, 1,5, 3,2
Answer: c
- Match the following: Column – A Column – B
List-I List-II - Device that connects two dissimilar communication networks.
- Device that connects two similar networks.
- Device used to boost the strength of a signal.
- Device for performing signal transformation between terminal devices and communication circuits.
- Modem
- Repeater
- Bridge
- Gateway
- A
- B
- C
- D
- 3
- 4
- 2
- 1
- 4
- 3
- 2
- 1
- 2
- 3
- 4
- 1
- 4
- 3
- 1
- 2
Answer: b
- In reference Part-A and Part-B, which statement is correct? Part ‘A’ Strategy is the action plan for achieving organisational objectives. Part ‘B’ It is the bridge between the present and desired future. Statement:
- Both Part ‘A’ and ‘B’ are correct.
- Both Part ‘A’ and ‘B’ are incorrect.
- Part ‘A’ is only correct.
- Part ‘B’ is only correct.
Answer: a
- Match the following:
List-I List-II - Horizontal diversification 1. New product
- Vertical diversification
- Concentric diversification
- Conglomerate diversification
- new market
- New product, current market
- Move firms supplers or customers business
- New product closely related to current product in new market
- A
- B
- C
- D
- 1
- 2
- 3
- 4
- 3
- 4
- 2
- 1
- 2
- 3
- 1
- 4
- 2
- 3
- 4
- 1
Answer: d
- Goals-driven planning is best explained by
- planning to overcome critical issues that thwart attempts to be more customer-focused.
- hard to come up with good indicators and gather reliable base line data.
- carefully managed to focus on solutions.
- none of the above:
Answer: d
- Which organisational structure is considered most complex?
- Functional structure
- Divisional structure
- Strategic Business Unit (SBU) structure
- Matrix structure
Answer: d
- Statement 1: I: A nation՚s competiveness depends on the capacity of its industry to innovate and upgrade.
- Statement 2: II: Companies gain advantage against the world՚s best competitors because of pressure and challenge.
- Both statements I and II are correct.
- Both statements I and II are incorrect.
- Statement 1 is correct, but Statement 2 is incorrect.
- Statement 1 is incorrect, but Statement 2 is correct.
- Brain storming is a group creativity exercise designed to come up with ________.
- number of solutions to a single problem
- two solutions to a single problem
- three solutions to two problems
- many solutions to many problems
Answer: a
- Four core themes of innovation are
- recognising the opportunity, finding the resources, developing the venture and creating value.
- finding the resources, developing the venture, recognizing the opportunity and creating value.
- developing the venture, creating value, recognising the opportunity and finding the resources.
- creating the value, recognizing the opportunity, developing the venture and finding the resources.
Answer: a
- The main activities of SISI (Small Industries Services Institutes) are
- Assistance/Consultancy to prospective Entrepreneurs
- Assistance/Consultancy to exiting units
- A and (B)
- Assistance/Consultancy and incentives to existing units
Answer: c
- Five steps of small business development shall occur in the order of
- Resource Maturity – Existence – Success – Survival – Takeoff
- Success – Existence – Survival – Takeoff – Resource Maturity
- Existence – Survival – Success – Takeoff – Resource Maturity
- Existence – Success – Survival – Resource Maturity – Takeoff
Answer: c
- Which is not a socio-economic rationale for promoting SSI in India?
- Export Promotion
- Employment Generation
- Offering competition to large scale industry
- Labour intensive
Answer: c
- A set of processes, customs, policies, laws and institutions, that affects the way in which a corporation is directed, administered or controlled in order to facilitate the interest of stake-holders is known as
- Corporate Social Responsibility
- Corporate Governance
- Corporate Sustainability
- Environmental Ethics
Answer: b
- “We must maintain in good order the property, we are privileged to use, protecting the environment and natural resources” is known as
- Protecting business environment
- Social responsibility of business
- Maintaining good property
- Protect natural resources
Answer: b
- Assertion (A) : The Securities and Exchange Board of India has made Listing Agreement tough to ensure good corporate governance among the companies listed on Indian Stock Exchange.
- Reason (R) : In the absence of Clause 49, the listed companies may ignore the interest of stakeholders.
- A and R both are correct and R is right explanation of (A) .
- A is correct, but R is not the correct explanation of (A) .
- R is correct, but A is not the right assertion.
- Both A and R are incorrect.
- A system of control is implemented to assist in aligning the incentives of managers with those of shareholder is known as
- Corporate Governance
- Government Control
- Director of Company
- Shareholders
Answer: a
- Which of the following combination is suitably attributed to the statement that stakeholders should expect fair return on their investment?
- Optimization of Profit
- Social Responsibility of Business
- Competition Theory of Business
- Walter՚s Theory
- 1,2 and 3
- 2,3 and 4
- Only 1 and 2
- Only 3 and 4
Answer: c
- The member countries of WTO have moved to “Product Patent Regime” under
- TRIMs
- TRIPs
- SAPTA
- BOP
Answer: b
- Which of the following is not an element of logistics system?
- Nature of product
- Availability of infrastructure
- Quality of product
- Government policies
Answer: c
- € / $ exchange rate goes from € 1 = $ 0.93 to € 1 = $ 0.99. This indicates
- Dollar appreciation of 6.45 %
- Dollar depreciation of 6.45 %
- Dollar appreciation of 6.06 %
- Dollar depreciation of 6.06 %
Answer: d
- Statement 1: I: Fixed exchange rate system is disadvantageous.
- Statement 2: II: The government can alter the exchange rates.
- Statement 1 is correct, but Statement 2 is incorrect.
- Statement 1 is incorrect, but Statement 2 is correct.
- Statement 1 and Statement 2 both are correct.
- Statement 1 and Statement 2 both are incorrect.
- Which of these is not a form of pre-shipment finance?
- Advance against export bills sent on collection.
- Advances against incentives receivable from Government.
- Packing credit.
- Pre-shipment credit in foreign currency.
Answer: a
- Under which of the following exchange rate systems, exchange rates are either held constant or allowed to fluctuate only within very narrow boundaries?
- Fixed exchange rate system.
- Freely floating exchange rate system.
- Managed floats exchange rate system.
- Pegged exchange rate system.
Answer: a
- The degree to which, a firm՚s present value of future cash flows can be influenced by exchange rate fluctuations is referred to as
- Economic exposure
- Transaction exposure
- Translation exposure
- Accounting exposure
Answer: a
- Bid/ask spread of a foreign currency can be computed by which of the following formulae?
- (Bid Rate – Ask Rate) /Ask Rate
- (Ask Rate – Bid Rate) /Ask Rate
- (Bid Rate – Ask Rate) /Bid Rate
- (Ask Rate – Bid Rate) /Bid Rate
Answer: b
- Match the items given in Column – I with most appropriate options given in Column – II: Column – I Column – II
- Conditions imposed by a Government in respect of foreign investment 1. Patents
- Information with commercial value 2. Intellectual Property Right
- Monopoly right granted by law 3. TRIMs
Codes:
a b c
- 3 1 2
- 3 2 1
- 2 3 1
- 2 1 3
Answer: b
- Match the following:
List-I (Statements) List-II (Terms) - Countries which follow a unified informal tariff but different external tariff.
- Countries which follow a unified internal and external tariff system.
- Countries which follow a unified internal and external tariff and allows free movement of factors of production.
- Countries which follow a unified internal and external tariff and allows free movement of factors of production plus having common economic and monitoring policy and common currency.
- Customs Union
- Common market
- Free trade area
- Economic union
- A
- B
- C
- D
- 3
- 1
- 4
- 2
- 3
- 2
- 4
- 1
- 3
- 2
- 1
- 4
- 3
- 1
- 2
- 4
Answer: d