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NTA NET Management September-2013 Solved Paper III
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- The elasticity of demand is greater than unity, when
- Percentage change in demand is equal to the percentage change in price.
- Percentage change in demand is more than the percentage change in price.
- Percentage change in demand is less than the percentage change in price.
- There is change in price.
- Answer: b
- GDP includes which of the following measures?
- The size of a population that must share a given output within one year.
- The negative externalities of the production process of a nation within one year.
- The total monetary value of all final goods and services produced within a nation within one year.
- The total monetary value of goods and services including barter transactions within a nation in one year.
- Answer: c
- If the equation y = 5 + 0.6x was graphed, the
- Slope would be – 5
- Vertical intercept would be + 0.6
- Slope would be + 5
- Slope would be + 0.6
- Answer: d
- Match the following:
Table Supporting: NTA NET NTA UGC NET Previous Years Papers September-2013 Solved Paper III List-I List-II - The producers will offer more of a product at a higher price.
- The quantum that producers want to sell is equal to the quantum that consumers want to buy.
- The sensitivity of consumers to price changes.
- Percentage change in quantity demanded to percentage change in price.
- Market in equilibrium
- Law of supply
- Co-efficient of price elasticity of demand.
- Price elasticity of demand
- A
- B
- C
- D
- 2
- 1
- 3
- 4
- 4
- 1
- 2
- 3
- 2
- 4
- 3
- 1
- 2
- 1
- 4
- 3
- Answer: a
- Statement 1: I: The slope of an indifference curve is the Marginal Rate of Substitution in the consumption (MRSc) , which is increasing.
- Statement 2: II: The slope of the budget line is ratio of the prices of two goods and is the Marginal Rate of Substitution in exchange (MRSe)
- Statement 1 and II are correct.
- Statement 1 is correct, but II is incorrect.
- Statements I and II are incorrect.
- Statement 1 is not correct, but II is correct.
- Answer: d
- Forming a fixed opinion or attitude towards a single person or object is termed as
- Perceptual defense
- Stereo typing
- The Halo effect
- The perceptual set
- Answer: c
- Which of the following best describes the theory X?
- People are committed to their responsibilities.
- Motivation is a result of rational behaviour towards attaining goals.
- The perceived relationship between a given level of efforts and an expected performance.
- None of the above:
- Answer: d
- Hawthorne experiments were conducted at
- Hawthorne Electric Company
- Western Electric Company
- General Electric Company
- Eastern Electric Company
- Answer: b
- Match the following: OD Interventions Grouping Term Proposed by
Table Supporting: NTA NET NTA UGC NET Previous Years Papers September-2013 Solved Paper III List-I List-II - OD Cube
- Consul cube
- Intervention families
- Four quadrants
- French and Bell
- Freneh and Bell
- Blake and Mouton
- Schmuck and Miles
- A
- B
- C
- D
- 4
- 3
- 2
- 1
- 3
- 4
- 2
- 1
- 2
- 1
- 3
- 4
- 1
- 2
- 4
- 3
- Answer: a
- Match the following:
Table Supporting: NTA NET NTA UGC NET Previous Years Papers September-2013 Solved Paper III List-I List-II - Stability
- Strategy
- Synergy
- Span of control
- Number of subordinates that report to one supervisor.
- The whole is greater than the sum of its parts.
- Plans for the allocation of frm՚s scarce resources to reach identified goals in time.
- Employees should not be moved frequently from one job to another
- A
- B
- C
- D
- 4
- 3
- 2
- 1
- 3
- 4
- 1
- 2
- 2
- 3
- 4
- 1
- 1
- 2
- 3
- 4
- Answer: a
- Role of Human Resource Manager is
- Advisory
- Mediator Role
- Representative Role
- All of the above
- Answer: d
- Which statement is true?
- Job analysis is a group of positions that are similar as to kind and level of work.
- A promotion is the advancement of an employee to a better job better in terms of greater responsibilities, more prestige or status, greater skill and especially, increase rate of pay or salary.
- A promotion is the vertical transfer of an employee.
- All of the above
- Answer: b
- Job is defined as
- Set of activities performed in the organization.
- Set of activities similar as to kind of work.
- Set of position similar as to nature and kind of work.
- None of these.
- Answer: c
- The benefit of paraphrasing in Employee Appraisal is that it
- Suggests interest and active listening.
- Clarify and convey to the rater that you are listening actively.
- Shows that you are trying to understand the emotional aspect of the work place.
- All of the above:
- Answer: b
- An employee can be laid off when the organization has
- Acquired labour more than the required.
- Purchased raw material more than the immediate required.
- Breakdown of machinery.
- All of the above:
- Answer: c
- Match the following:
Table Supporting: NTA NET NTA UGC NET Previous Years Papers September-2013 Solved Paper III List-I (Items of HRM) List-II (Features) - Human Resource Planning
- Selection
- Advancement
- Industrial relations
- Forecast man power needs based strategies of the trend.
- Use the criteria and measures developed to match individual skills in the job requirements.
- Promotion.
- Amicable and harmonious working in the organization.
- A
- B
- C
- D
- 1
- 2
- 3
- 4
- 1
- 4
- 3
- 2
- 3
- 1
- 4
- 2
- 4
- 1
- 3
- 2
- Answer: a
- Which one of the following is a disadvantage of having expatriate employees to staff international subsidiaries?
- Brings cultural similarities with parent company.
- Gives employees a multinational orientation.
- Attempts to establish a foreign culture to the company.
- Provides broader global perspective.
- Answer: c
- Whistle Blowing is the situation wherein an employee
- Causes indiscipline in the organization.
- Discloses other employees ′ illegal immoral or illegitimate activities.
- Discloses the employer՚s illegal immoral or illegitimate activities.
- All of the above:
- Answer: c
- Distributive bargaining may be explained as
- Bargaining wherein both parties are willing to negotiate over wages, hours and conditions of employment.
- Bargaining that focuses on convincing the other party that the cost of disagreeing with the proposed terms would be very high.
- Bargaining that focuses on convincing the other party that the benefits of agreeing with the proposed terms would be very high.
- None of the above:
- Answer: b
- Match the following:
Table Supporting: NTA NET NTA UGC NET Previous Years Papers September-2013 Solved Paper III List-I List-II - Balancing Equity
- Internal Equity
- Individual Equity
- External Equity
- The perceived fairness of the pay structure within a firm.
- The perceived fairness in pay relative to what other employers are paying for the same type of labour.
- The perceived fairness in establishment of internal and external pay equity.
- The perceived fairness of individual pay decisions.
- A
- B
- C
- D
- 3
- 4
- 2
- 1
- 1
- 2
- 3
- 4
- 2
- 4
- 1
- 3
- 4
- 1
- 3
- 2
- Answer: d
- Which of the below features is not wealth maximization objective of Financial Management?
- Considers both quantity and quality dimensions of benefits.
- Based on the concept of cash flows generated by the decision rather than accounting profit.
- Decision should be oriented to the maximization of profits.
- Focus is on the value to the owners or suppliers of equity capital.
- Answer: c
- Financial Break-even Level of EBIT is one at which
- EPS is one
- EPS is infinite
- EPS is zero
- EPS is negative
- Answer: c
- Which of the following is not considered by Miller-Orr Model?
- Variability in cash requirement
- Cost of transaction
- Holding cash
- Total annual requirement of cash
- Answer: b
- If the minimum stock level and average stock level of material A are 4000 and 9000 units respectively, what is the Reorder quantity?
- 8000 units
- 10,000 units
- 11,000 units
- 9,000 units
- Answer: d
- According to Lintner Model, factors affecting dividend of current year are
- DPS of previous year, EPS, target pay-out ratio and adjustment rate.
- EBIT, interest rate and retention ratio.
- P⟋E ratio, retention ratio and pay-out ratio.
- E⟋P ratio, pay-out ratio and rate of interest on it.
- Answer: a
- Given the sales volume, which of the following would lead to an increase in contribution margin?
- Variable cost remains same.
- Variable cost per unit decreases.
- Variable cost per unit increases.
- Fixed cost increase.
- Answer: b
- Vertical merger represents merger of firms
- Engaged in the same line of business.
- At different stages of production in an industry.
- Engaged in unrelated line of activities.
- All of the above:
- Answer: b
- A high debtor՚s turnover ratio indicates
- Low amount tied upon debtors
- Increase in sales turnover
- Efficient conversion of debtors into cash
- A & (C)
- Answer: d
- Match the following:
Table Supporting: NTA NET NTA UGC NET Previous Years Papers September-2013 Solved Paper III List-I (Statement) List-II (Term) - Independent floating exchange rate.
- Exchange rate depending entirely on market forces.
- Floating exchange rate regime where the monetary authorities interfere in the foreign exchange market for stabilizing exchange rate.
- Non-convertible paper currency.
- Fiat money
- Clean float
- Managed float
- Free float
- A
- B
- C
- D
- 2
- 4
- 3
- 1
- 4
- 3
- 1
- 2
- 1
- 3
- 4
- 2
- 2
- 1
- 3
- 4
- Answer: a
- Projected cash flows change with changes in projected demand, price, cost of production, cost of capital, etc. All these changes are accommodated in a random manner by
- Sensitivity Analysis
- Simulation Technique
- Decision-Tree
- None of the above
- Answer: b
- When a firm has diversified in unrelated products, it is called
- Scramble diversification
- Related diversification
- Product mix
- Product line simplification
- Answer: a
- Which of the following condition is true about determinants and strengths of positioning strategy?
- There should be competition warranting positioning.
- The market segment to be served should be sizeable and profitable.
- The market segment should be able to effectively receive communication messages transmitted by the company.
- All of these.
- Answer: d
- Delphi method of estimating future demand for a product or service is associated with
- Past sales analysis
- Expert opinion method
- Market test method
- Composite of sales force opinion
- Answer: b
- A method for deriving the utility values that consumers attach to varying levels of a product attribute is called
- Product analysis
- Conjunctive analysis
- Conjoint analysis
- Market price analysis
- Answer: c
- Statement 1: I: Opinion leaders who provide product related information to the buyer and assist him or her in buying is called market mover.
- Statement 2: II: Opinion leaders who understand the buyer՚s personal needs and use situations and aid the buyer is called purchase pal.
- Statement 1 alone is correct.
- Statement 2 alone is correct.
- Both statements are wrong.
- Both statements are correct.
- Answer: d
- Statement 1: I: As per disjunctive decision rule consumers set a minimum acceptable cut off level for each attribute and choose the first alternative that meets the minimum standard for all selected attributes.
- Statement 2: II: As per lexicographic decision rule consumers choose the best brand on the basis of its perceived most important attribute.
- Statement 1 alone is correct.
- Statement 2 alone is correct.
- Both statements are correct.
- Both statements are wrong.
- Answer: b
- Arrange the following stages in the industrial buying process in the sequential order:
- General need description
- Supplier search
- Problem recognition
- Performance review
- Order route specification
- Product specification
- Proposal solicitation
- Supplier selection
- 3 − 1 − 2 − 6 − 7 − 8 − 5 − 4
- 3 − 2 − 1 − 7 − 6 − 5 − 8 − 4
- 3 − 1 − 6 − 2 − 7 − 5 − 8 − 4
- 3 − 1 − 6 − 2 − 7 − 8 − 5 − 4
- Answer: d
- Match the following:
Table Supporting: NTA NET NTA UGC NET Previous Years Papers September-2013 Solved Paper III List-I (Statements) List-II (Terms) - Attacking the weak spots of the competitor
- Avoiding the main competitor and attacking easier ones.
- Attacking the leader on several areas.
- Attacking the leader on its strong area.
- Flank attack
- Frontal attack
- Encirclement attack
- By Pass attack
- A
- B
- C
- D
- 1
- 4
- 3
- 2
- 1
- 3
- 2
- 4
- 2
- 3
- 1
- 4
- 3
- 1
- 2
- 4
- Answer: a
- Match the following:
Table Supporting: NTA NET NTA UGC NET Previous Years Papers September-2013 Solved Paper III List-I (Statements) List-II (Terms) - A market situation in which many competitors offering undifferentiated products or services.
- A market situation in which many compettors offering differentiated products or services.
- A market situation in which a small number of large firms offering differentiated and standardized products or services.
- A market situation in which only one firm provides a certain products or services.
- Pure monopoly
- Oligopoly
- Monopolistic competition
- Pure competition
- A
- B
- C
- D
- 4
- 3
- 1
- 2
- 4
- 2
- 3
- 1
- 4
- 3
- 2
- 1
- 3
- 4
- 2
- 1
- Answer: c
- Which one of the three basic approaches used customarily explaining the Marketing System?
- Commodity, institutions and functional approach.
- Commodity, functional risks, management approach.
- Product, service mix, functional and institutional approach.
- None of the above:
- Answer: b
- Statement 1: I: One of the key factors impacting on Production Managers is that the country՚s borders no longer provide protection from foreign imports due to globalization.
- Statement 2: II: To succeed in global competition, Production Management of Companies must make a commitment to innovate products and services with high quality at low prices.
- Both the statements are incorrect.
- Statement 1 is correct, but II is incorrect.
- Statement 1 is incorrect, but II is correct.
- Both statements are correct.
- Answer: d
- Positioning the production system means
- Selecting the type of product design.
- Selecting the type of production processing system.
- Selecting the type of finished goods inventory policy for each product group.
- All of the above:
- Answer: d
- Which one is not a part of control charts for variables?
- X-chart
- R-chart
- σ-chart
- C-chart
- Answer: d
- Match the following:
Table Supporting: NTA NET NTA UGC NET Previous Years Papers September-2013 Solved Paper III List-I List-II - Decision-making under conditions of certainty.
- Decision-making under conditions of risk.
- Decision-making under conditions of uncertainty.
- When the outcomes are known but the probabilities of outcomes are not known.
- When elements of decision problem are clear and also the outcomes of different alternatives are known.
- When outcomes probabilities are known.
- A
- B
- C
- 1
- 2
- 3
- 2
- 3
- 1
- 3
- 2
- 1
- 1
- 3
- 2
- Answer: b
- Edwards Deming, one of the Quality Gurus, introduced a concept of cycle for continuous improvement of quality. The cycle consists of
- Act
- Plan
- Do
- Check
- The correct order of this cycle of activities is
- 1,3, 4,2
- 2,4, 3,1
- 2,3, 4,1
- 1,2, 3,4
- Answer: c
- Variable which has a strong contingent effect on the independent dependent variable relationship is referred to as
- Extraneous variable
- Intervening variable
- Moderating variable
- None of the above
- Answer: c
- Coefficient of determination (R2) indicates
- Percentage of variation in the dependent variable that can be explained by independent variable.
- Percentage of variation in the dependent variable that cannot be explained by independent variable.
- Percentage variation in the independent variable that can be explained by dependent variable.
- Percentage variation in the independent variable that cannot be explained by the dependent variable.
- Answer: a
- If α = 0.05 and β = 0.10, the power of that hypothesis test is
- 0.15
- 0.90
- 0.85
- 0.95
- Answer: b
- Match the following:
Table Supporting: NTA NET NTA UGC NET Previous Years Papers September-2013 Solved Paper III List-I List-II - Connects a very large number of devices and spans across a dispersed geographical location covering many cities.
- Encrypted communication tunnels with access control and user authentication
- Physical or geometric arrangement of the network influenced by the physical connections of links and nodes.
- Local area network technology that sends communication through radio frequency signals.
- Topology
- Ethernet
- Wide Area Network
- Virtual Private Network
- A
- B
- C
- D
- 3
- 1
- 4
- 2
- 4
- 3
- 1
- 2
- 3
- 4
- 2
- 1
- 3
- 4
- 1
- 2
- Answer: d
- Statement 1: I: One of the important aspects of IT enabled services is value addition.
- Statement 2: II: ERP and CRM are examples for IT enabled services.
- Statements I and II are correct.
- Statement 1 is correct, but II is incorrect.
- Statements I and II are incorrect.
- Statement 1 is incorrect, but II is correct.
- Answer: a
- Statement A: The i.e.. Matrix is similar to the BCG Matrix in that both tools involve plotting organisation divisions in a schematic diagram. Statement B: The BCG Matrix requires more information about the divisions than the i.e.. matrix.
- Statements A and B both are correct.
- Statements A and B both are incorrect.
- Statement A is correct, but Statement B is incorrect.
- Statement A is incorrect, but Statement B is correct.
- Answer: c
- Match the following:
Table Supporting: NTA NET NTA UGC NET Previous Years Papers September-2013 Solved Paper III List-I List-II - Individual within (Psychological)
- Group within (Normative)
- Individual outside (implied)
- Group outside (Social)
- Interpretations that third parties make regarding contractual terms.
- Broad beliefs and obligations associated with society՚s culture.
- Beliefs that individuals hold, regarding promises made, accepted and relied on between and another themselves.
- The shared psychological contract that emerges when members of a social group⟋organization⟋work unit hold.
- A
- B
- C
- D
- 1
- 2
- 3
- 4
- 3
- 4
- 1
- 2
- 2
- 3
- 4
- 1
- 4
- 3
- 2
- 1
- Answer: b
- Statement A: SWOT involves specifying the objectives of the business venture or project and identifying the internal and external factors that are favourable and unfavourable to achieve that objective. Statement B: Setting the objectives should be done after the SWOT analysis has been performed.
- Both the statements are correct.
- Statement A is correct, but Statement B is incorrect.
- Statement A is incorrect, but Statement B is correct.
- Both the statements are incorrect.
- Answer: a
- The three disciplines of WTO agreements are
- International trade in goods, international transactions in services and protection of intellectual property rights.
- International trade in goods, international transaction in services and protection of interest of MNCs.
- International trade in goods, international transaction in services and protection of interest of P. S. Units.
- International trade in goods, international transaction in services and protection of interest of Domestic Government.
- Answer: a
- Substitute question marks with appropriate terms: Products Existing Products New Products Markets Existing Market 1 – 2 – New Market 3 – 4 – Options:
- 1-Market development 2-Market penetration 3-Product development 4-Diversification
- 1-Market penetration 2-Product development 3-Market development 4-Diversification
- 1-Market development 2-Diversification 3-Market penetration 4-Product development
- 1-Market penetration
- 2-Product development
- 3-Diversification
- 4-Market development
- Answer: b
- Arrange the Entrepreneurial motivation factors on the basis of proper sequences.
- Need for achievement, Locus of control, vision, desire for independence, passion and drive.
- Locus of control, vision, desire for independence, passion, drives and need for achievement.
- Vision, desire for independence, passion, drive, locus of control and need for achievement.
- Desire for independence, need for achievement, and locus of control, vision, passion and drive.
- Answer: a
- The main function of venture capitalist is to
- Provide funds to the steps necessary to establish the commercial viability of a new product, process or service.
- Provide funds at all stages of marketing of new product, process or service.
- Provide funds at all stages of production of a new product, process or a service.
- Provide funds at all stages of Research of a new product, process or a service.
- Answer: a
- An industrial unit, according to RBI, is sick if
- Incurred cash loss in the previous accounting year.
- Likely to incur loss in the following year.
- Current ratio is less than 1: 1 with weak debt: Equity ratio.
- All of the above:
- Answer: d
- SIDBI has been entrusted with the responsibility of
- Providing financial assistance to all sectors.
- Developing medium and large scale industry.
- Providing incentives to medium scale industry.
- Developing and supporting small business.
- Answer: d
- Match the following:
Table Supporting: NTA NET NTA UGC NET Previous Years Papers September-2013 Solved Paper III List-I (Innovation) List-II (Refers to) - Paradigm innovation
- Position innovation
- Product innovation
- Process innovation
- Changes in the things which are organization offers.
- Changes in the ways in which they are created and delivered.
- Changes in the context in which the products⟋services are introduced.
- Changes in the underlying mental models which frame what the organization does.
- A
- B
- C
- D
- 4
- 3
- 1
- 2
- 1
- 2
- 3
- 4
- 3
- 4
- 2
- 1
- 2
- 1
- 4
- 3
- Answer: a
- A Business Organization deals with product⟋service and has relationship with stakeholder which is being considered a part of ‘management discipline’ is known as
- Maximisation of Wealth
- Business Ethics
- Relationship Management
- Optimisation of Profits
- Answer: b
- Lawrence Kohlberg, in his six stage model of cognitive development, explains:
- Why people make different decisions in similar ethical situations?
- How people make decisions based on the stage of cognitive moral development?
- Both of the above:
- None of the above:
- Answer: b
- The Board of Directors can appoint
- Additional Director
- Causal Director
- Alternative Director
- Nominee Director
- 1,2 and 3
- 2,3 and 4
- 3,4 and 1
- 4,1 and 2
- Answer: a
- Assertion (A) : The poor compliance to environmental regulations is attributed to tax enforcement despite regulatory framework.
- Reason (R) : The Government is not capable of enforcing full compliance.
- A is correct and R is the right explanation of (A) .
- A and R both are correct, but R is not the right explanation of (A) .
- A is correct, but R is not correct.
- Both A and R are incorrect.
- Answer: d
- Match the following:
Table Supporting: NTA NET NTA UGC NET Previous Years Papers September-2013 Solved Paper III List-I List-II - Work ethics
- Values
- Environmental responsbility of a business
- Corporate Social Responsibility
- includes taking care of issues like air and water pollution, toxic waste disposal etc.
- is an organisation՚s obligation to benefit society in ways that transcend the prime business objectives of maximizing profit.
- is a characteristic attitude of a group towards what constitutes the morality of work.
- determine the overall personality of an individual and the organization that he is working for:
- A
- B
- C
- D
- 1
- 2
- 3
- 4
- 4
- 3
- 2
- 1
- 3
- 4
- 1
- 2
- 2
- 1
- 4
- 3
- Answer: c
- The degree to which the value of future cash transactions can be affected by exchange rate fluctuations is referred to as
- Economic exposure
- Transaction exposure
- Translation exposure
- None of the above
- Answer: b
- Forward Premium or Discount can be computed by which of the following formulae?
- (Spot rate – Forward rate) ⟋Spot rate × 360⟋Future point in time
- (Spot rate – Forward rate) ⟋forward rate × 360⟋Future point in time
- (Forward rate – Spot rate) ⟋Forward rate × 360⟋Future point in time
- (Forward rate – Spot rate) ⟋Spot rate × 360⟋Future point in time
- Answer: b
- Which of the following is not a product technology transfer?
- Collaboration in R and D.
- Transfer of product designs and technical specifications.
- Feedback on product performance.
- Provision of machinery and equipment to suppliers.
- Answer: d
- Stops involved in settling disputes under WTO is given below. Arrange them in correct order.
- Panel set up and appointment of panelists.
- Final Report to WTO members.
- Final Report to partners.
- Consultations, mediations, etc.
- Adoption of Report by Dispute Settlement Body.
- Codes:
- 1, 4,2, 3,5
- 4, 1,2, 3,5
- 4, 1,3, 2,5
- 1, 2,3, 5,4
- Answer: c
- Statement 1: I: To become a global corporation, a firm passes through different stages, via, capturing markets abroad, establishing joint venture⟋subsidiaries abroad, developing into MNCs and moving towards global mode of operation.
- Statement 2: II: Government support is not a pre-requisite for the successful globalization of the business.
- I is correct and II is wrong.
- I and II are correct.
- I and II are wrong.
- I is wrong, but II is correct.
- Answer: a
- The main function (s) of WTO is⟋are:
- To handle trade disputes constructively.
- To help promote peace among business community.
- To provide rules that make life easier for all people involved in foreign trade.
- All of the above:
- Answer: d
- Which of the following transactions reflect economic exposure but not transaction exposure?
- A firm՚s imports⟋exports denominated in local currency.
- A firm՚s imports⟋exports denominated in foreign currency.
- Interest received from foreign investments.
- Interest owed on foreign funds borrowed.
- Answer: a
- Which of the following is the rate at which a banker is willing to buy foreign currency?
- Ask rate
- Offer rate
- Bid rate
- Spread rate
- Answer: c
- Euro dollars are
- Currency
- Deposits
- Bonds
- Equity
- Answer: b
- When an Indian exporter avails post shipment credit in foreign currency, what is taken as the bench mark for the interest rate?
- Bench mark lending rate
- MIBOR
- LIBOR
- Indian Bank rate
- The elasticity of demand is greater than unity, when
- Answer: c