1. If the demand for using the Noida express way is given by
Q=40,000-2500P
Where Q is the number of users (vehicles) and P is the amount of toll collected per unit who uses the express way. In light of this information which of the following is true

At 6 and Q=14,000 demand is price inelastic.

At 7 and Q=16,500 demand is unitary elastic.

At 4 and demand is price elastic.

All of the above


2. If a 100% scale-efficient plant has 92% technical efficiency and 88.5% allocative-efficiency, then its overall efficiency will be

88.5%

90.25%

93.0%

81.42%

3. The market share data for an industry, comprising five companies, is given below
Company Market
A 35
B 25
C 18
D 12
E 10

This industry's three-firms Herfindahl-Hirschman index shall be

0.234

0.217

0.151

0.0175

4. For an economy which consist of single automobile maker and that in year 2014, 30,000 vehicles are produced with an average price of 5 lakh. For this economy what would be the increase in the nominal GDP for 2015 compared with 2014 with the greater automobile production and inflation.

4.0%

12.0%

6.0%

12.32%

5. Demand policies targeted to reduce the unemployment become ineffective in presence of the following

Vertical phillips curve

Money illusion and ignorance among workers

Horizontal phillips curve

None of the above


6. An individual's involvement with, satisfaction and enthusiasm for, the work he does, is known as

Employee engagement

Job involvement

Job satisfaction

Organisational commitment


7. Which of the following is not perceived as the basic element of motivation

Direction

Intensity

Performance

Persistence

8. A theory of motivation that is concerned with the beneficial effects of intrinsic motivation and the harmful effects of extrinsic motivation, is termed as

Cognitive Evaluation Theory

Self-efficiency Theory

Self-determination Theory

Two-factor Theory



9. Match the items of List I with those of List II.
List I List II
Behavioural science Contribution
Anthropology Attitude change
Psychology Attitude measurement
Social psychology Conflict
Sociology Organisational culture

Codes









10. A relatively stable set of characteristics that influence an individual's behaviour is known as

Attitude

Learning

Perception

Personality

11. Assertion The more differentiated the HR environment, the more uncertain it shall be
Reason Organisations are dependent in an environment where human resources are not widely available.

Both and are correct

is correct and is the right explanation of

is correct but is not the right explanation of

Both and are incorrect



12. Which one of the following is a type of interview where a series of job-related questions are asked that focus on how the candidate would behave in a given situation

Behavioural interview

Job-related interview

Situational interview

Structured interview


13. Consider the following statements
Sensitivity training was developed by Kurt Lewin
In-basket excercise is a simulated training method
Depth interview is also known as Directive Interview
Job evaluation is carried out for promoting job satisfaction
Which of the above statements are true

Only and

Only and

and

and


14. Behaviourally Anchored Rating Scale (BARS) consists of the following steps
Reallocate incidents
Develop performance dimensions
Generate critical incidents
Develop final statements
The correct chronological order of these steps is










15. Consider the following elements
Actors
Inputs
Context
Output
Ideology
Which of these are not the elements of John T.Dunlop's Framework of Industrial Relatives System

and

and

and

and


16. State the price of the share for the year if the rate of growth of the firm is EPS and DPS for the year are 3 and 2 respectively and the investors' required rate of return is 20%.

30

20

25

10

17. In which of the following appraisal criteria of capital budgeting, the use of varying opportunity cost of capital as a discount factor is possible
NPV IRR Pay-back Period(d) ARR

Only is correct.

and both are correct.

and both are correct.

Only is correct.


18. According to the CAPM model, the cost of equity is represented by
Where Rm indicates market rate of return, Rf indicates risk free rate of return and Bj indicates beta of stock j

Rm+(Rm -Rf)Bj

Rf+(Rm -Rf)Bj

Bj+(Rm -Rf)Rm

Rm+Rf+Bj


19. Anticipated annual dividend divided by the market price of the stock is referred as

Dividend Pay-out

Dividend yield

Return on Equity

Regular dividend


20. If the existing shareholder does not exercise his/her right or does not sell the right entitlement

his/her wealth will remain unaffected

his/her wealth will increase

his/her wealth will decrease

his/her wealth may increase or decrease



21. What are the four main components of holistic marketing

Integrated Marketing, Internal Marketing, Product Positioning and Performance Marketing

Integrated Marketing, Relationship Marketing, Social Marketing and Performance Marketing

Relationship Marketing, Integrated Marketing, Internal Marketing and Performance Marketing

Relationship Marketing, Integrated Marketing, Internal Marketing and Social Marketing


22. Which of the following category of goods and services is most likely to require an aggressive use of the selling concept

Complementary Goods

Luxury Goods

Speciality Goods

Unsought Goods


23. The type of marketing that is the most recent to emerge is

Person marketing

Product marketing

Services marketing

Social marketing


24. According to the .......... theory, marketers can enhance demand for a product by associating it with strong drives, using motivating cues and providing positive re-enforcement.

Demand theory

Learning theory

Psychological theory

Two-factors theory


25. The most scientifically valid research is

Experimental Research

Observation Research

Focus-Group Research

Survey Research



26. Which of the following statements is not correct

Product Layout generally has continuous and Mass Production, mainly assembly function.

Process Layout generally has Intermittent, Job-Shop, Batch Production, mainly fabrication function.

Product Layout usually has general purpose equipments.

Process Layout is generally driven by fluctuating demand.


27. Six-SIGMA quality indicates

2.4 defects per thousand

2.7 defects per thousand

3.4 defects per thousand

3.7 defects per thousand


28. A manufacturing firm has four work stations, C and D in series with individual capacity of processing 450, 390, 360 and 400 units per day respectively and the actual output of the firm is 306 units per day. The system capacity and system efficiency of the firm shall respectively be

400 and 100%

450 and 120%

360 and 85%

390 and 95%

29. In the simplex method of solving an LP Problem, the product-mix column of the initial solution contains

Artificial variables only

Slack variables only

Slack and artificial variables only

Real variables only


30. If the optimal solution of an LP Problem is degenerate then

The problem has multiple optimal solutions

The solution is not feasible

The solution is useless to the manager

None of the above



31. If your score in an exam was 80, with a mean of 60, what would be the standardised score for this exam if the standard deviation is 15

1.33

1.25

1.52

1.72

32. Spurious relationship between two variables refer to

Very poor relationship between the variables.

Statistically insignificant relationship between the variables.

Relationship happens only due to third variable which is common to both the variables.

The relationship which is impossible to measure.


33. In a medical test, where the null hypothesis is 'The patient does not have the disease' and the alternative hypothesis is The patient has the disease'. Suppose a patient has a disease and needs treatment. In the hypothesis testing process, which of the following errors is more serious than the others.

Type I error

Type II error

Both Type I and Type II error

r -error


34. Decision support system does not use

Analytical models

Specialized databases

File server

Computer based modelling process


35. Give the correct order of the stages in 'System Development'.

Testing Programming Systems Design Systems Analysis Conversion Production and Maintenance

Programming Testing Systems Analysis Systems Design Conversion Maintenance

Systems Analysis Systems Design Programming Testing . Conversion Production and Maintenance

Production and Maintenance Testing Conversion Programming Systems Design Systems Analysis


36. Which of the following statements is correct

Balanced score cards always report using the same time periods as the financial accounting system.

One fundamental idea of balanced score card is to increase the number of performance indicators used to manage the business.

Organisations some times use a .traffic light. system on their balanced score card to help them prioritise their activities.

The fundamental idea of balanced score cards is to create corporate strategy.

37. What metaphor is used to describe the competitive space where product are not yet well defined, competitors are not well-organised and the market is relatively unknown

Blue Lagoon

Blue Ocean

Red Sea

Red Ocean

38. Michael E. Porter's five generic strategies are

Differentiation (Best Value). Differentiation (Low Cost), Cost Leadership Cost Leadership Focus

Focus Focus Cost Leadership Cost Leadership Differentiation

Cost Leadership (Low Cost), Cost Leadership (Best Value), Differentiation, Focus (Low Cost), Focus (Best Value)

Cost Leadership Cost Leadership Differentiation Differentiation Focus


39. One of the strategic decisions relating to the value chain concerns vertical integration. This would involve

Deciding to link all activities using Enterprise Resource Planning.

Deciding whether the activity should be performed within the organisation or by a different firm.

Deciding whether to locate operation in the home country or in a foreign location.

Deciding whether to share certain activities across different products and markets.


40. "Pepsi Co launched a hostile take over of Pepsi Bottling Group after its 4.2 billion offer was rejected". Which strategy was used in this case

Market Penetration

Backward Integration

Horizontal Integration

Forward Integration



41. Who viewed entrepreneur as a non-fixed income earner with known costs of production but uncertain income and therefore, operating at a risk

Adam Smith

Richard Contillon

Jean-Baptiste Say

Francis Wolker


42. Which one of the following is not a major area of entrepreneurial innovation as suggested by Joseph Schumpeter

Product innovation

Process innovation

Market innovation

Structural innovation


43. Which one of the following types of entrepreneurs are not proactive in nature and does not respond much to changes in the environment

Fabian entrepreneur

Adoptive entrepreneur

Drone entrepreneur

Innovative entrepreneur


44. SFURTI (Scheme of fund for regeneration of traditional industries) is implemented by

Union Ministry of Traditional Industries

National Agricultural cooperative Marketing Federation

Federation of Indian Chamber of Commerce and Industry

Union Ministry of Micro, Small and Medium Enterprises


45. According to the Tiwari Committee report, which one of the following is not an internal cause of industrial sickness in India

Lack of manpower planning

Lack of control systems

Excessive expenditure

Excessive tax policies


46. Which of the following is/are the component(s) of Ethics by field of interest

Descriptive ethics

Normative ethics

Meta ethics

All of the above



47. What is the right sequence of four psychological sub-processes in ethical action given by James Rest

Moral sensitivity, moral focus, moral judgment, moral character

Moral focus, moral character, moral sensitivity, moral judgement

Moral sensitivity, moral judgement, moral focus, moral character

Moral character, moral focus, moral judgement, moral sensitivity

48. A new approach "Learning Model" which is helpful to strengthen the decision making process was developed by

Arthur Rich

Bob Garratt

Christian Wolff

Lord Keynes

49. Assertion Corporate behaviour towards stakeholders is an important concept in practice and a central part of corporate Governance.
Reason It has to be ethical, legal and responsible behaviour for organisation, stakeholders and society.

Both and are true.

Both and are false.

is false, but is true.

is true, but is not a correct explanation of


50. CSR is important because

It influences all aspects of Company's operation

It gives company's mission and strategy

It increases the general affluence and societal expectation

All of the above