1. GDP at factor cost is

P

GDP-TT-S

GDP+ DT S

GDP-DT S
2. Which one is not the main objective of fiscal policy in lndia?

To increase liquidity in the economy.

To promote price stability.

To minimize the inequalities of income and wealth.

To promote employment opportunities.
3. Which one is not an element of internal environment

Marketing capability

Operational capability

Money and Capital market

Personnel capability
4. Out of the following, which four benefits are available t-o host countries fromMNCs?
i. Transfer of technology
ii. Learning of business mannerism
iii. Strategic information sharing
iv. Creation of jobs
v. Entertainment
vi. Better utilisation of resources
vii. Enhancing social contacts
viii. Improved competition in local economy

iii, vii

ii, iv, vi, viii

iv, vi, viii

iii, vi, vii, viii
5. Environmental degradation does not consist of

Land degradation and soil erosion

Problem of overgrazing and ecological degradation

Floods

None of the above
6. Which one of the following concepts is used as fund in the preparation of Funds Flow Statement?

Current Assets

Working Capital

Cash

All Financial Resources
7. "Window dressing is. prohibited due to

Conservative Convention

Convention of Disclosure

Convention of Materiality

Arrears of book accounts
8. Assertion Ratio analysis is one of the tools employed: to know the financial ,health of a concern.

Reason Ratio analysis is not the only technique available to take in-vestment decision.

Codes:

Both and are true and the correct explanation of

Both and are true, but(R) is incorrect explanation

is true, but is false.

is false, but CR) is true.
9. Which of the following relate to measures of non-financial performance of a concern?

i. Customer satisfaction
ii. Business process improvement
iii. Economic value added
iv. Learning organisation

Choose the right combination.

iii, ii, iv

ii, iv, iii

iv, i.iii

ii, iv
10. Consider the following parties

i. Secured creditors
ii. Unsecured creditors
111. Partners who have granted loans
iv. Partner!< who nave contributed over and above profit sharing ratio.

Arrange them in correct sequence in the event of dissolution of a firm.


ii, iii, iv

ii, iii, iv

ii, iv, iii

ii, iv, iii
11. Which kind of economics explains the phenomenon of cause and effect relationship

Normative

Positive

Micro

Macro
12. Assertion Marginal cost and differential cost do not convey the same meaning m all the circumstances.

Reason Differential cost increases or decreases due to change in fixed cost

Codes:

is true but is false.

is false. but is true.

and (R).are correct and is correct explanation of

both and are correct, but(R) is not the correct explanation of

13. Consider the following

i. Pricing objectives
ii. Pricing methods
iii. Pricing strategies
iv. Pricing decisions

Arrange them in correct sequence

iii, ii. iv

iv. ill. ii

ii, i. iv, iii

iv, ii. iii, i
14. A commodity is used for multiple purposes, then the demand for it is known as

Joint Demand

Composite Demand

Direct Demand

Autonomous Demand

15. Match List with List -II and select the correct answer.

List List -II

1. Administered price a . Landed cost of imports
2. Parity pricing b . Liberalized economy
3. Competitive priceC. Public enterprise
4. Discriminating priced. Fixed by Government

Codes;
A B C D

1 2 3 4

2 3 4 1

3 4 2 1

4 2 1 3


16. Sample design involves the following

i. Sampling unit
ii. Size of samples
iii. Type of universe
iv. Source list
v. Sampling procedure

Which one of the following sequence is correct?

ii, iii, iv, V

iii, iv, ij. V

iii, iv, ii, v

iii, iv, ii
17. Which one of the following is not a measure of dispersion

Quartile

Range

Mean Deviation

Standard Deviation
18. If bxy 0.25 and byx 0.64, correlation coefficient is

0.16

0.40

0.89

0.30
19. Sturge's rule is used to find out directly

Number of classes in a continuous distribution

Size of class limits

Direction of the classification

None of the above
20. Which of the following software has applications in both Mathematics and Statistics

SPSS

SAS

R

None of the above
21. Match the following

a. The Practice-of Management I. Henry Fayol
b. Philosophy of Management2. F.W. Taylor
c. Scientific Management 3. Oliver Sheldon
d. General and Industrial Administration 4. Peter F. Drucker

Codes:
a b c d

1 2 3 4

4 3 2 l

4 3 I 2

3 4 2 1

22. Assertion AIL decisions taken through mental process are rational.

Reason Decision making is a mental process.

Codes

is correct. but 1s not correct.

is correc1. but is not correct.

Both(A) and are correct.

Both(A) and are not correct.

23. Who among the following developed the technique of Management by Exception

Joseph L. Massie

Lester R. Bittel

L.F. Urwick

Peter F. Drucker
24. Which among the following are parts of job description

1. Duties performed
ii. Job summary
iii. Job identification
1v. Supervision given
v. Delegation of authoriry

L ii, iii and iv

ii. iii. iv and v

iii, iv and v

i. U. iii and V
25. Appointment of independent Directors is the part of Corporate Governance- as per the

SEBI

Indian Companies Act

Government of India

RBI
26. A method for achieving maximum market response from limited marketing resources by reorganising differences in the response characteristics of various parts of the market is known as

Market targeting

Market positioning

Market segmentation

Market strategy
27. Who plays their significant role in distribution of goods when they do not sell to ultimate users or consumers

Retailer

Wholeseller

Mediator

Commission agent
28. ln Marketing Mix, which four are covered

Product, Price, Place, Promotion

Product, Price, Power. Promotion

Product. Price, Penetration,Promotion

Product. Price. Positioning,Promotion
29. Which research includes all types of researches into human motives when it refers to qualitative research designed to uncover the consumer's subconsciousness or bidden motivations

Motivational Research

Marketing Research

Managerial Research

Price Research
30. False and misleading claims and vulgarity in advertisements do not match with
Aggressive advertising

Ethics in advertising

Mass level. of advertising

Sales promotion
31. Arrange the following steps involved in capital budgeting in order of their occurrence

i. Project selection
ii. Project appraisal
iii. Project generation
iV. Follow up
v. Project execution

ii, iii. i. iv

iii, ii, iv

iii, ii, iv

ii, iii, iv
32. Which method does not consider the time value of money

Net Present Value

Internal Rate of Return

Average Rate of Return

Profitability Index
33. Which formula is used to measure the degree of Operating leverage

EBIT Sales

C/EBIT

EBIT/EBT

EBIT/C
34. Which one is more appropriate for cost of retained earnings

Weighted Average Cost of Capital.

Opportunity cost to the firm.

Expected rate of return by the investor.

None of the above.
35. Match the following with the most suitable option.

List-i List II
l . Commercial paper
a. Modigliani-Miller approach 2. Working capital
b. Net Operating income approach 3. Capital structure
c. Short term money market instrument 4. Arbitrage
d. Factoring

Codes

a b c d

4 3 1 2

3 4 1 2

3 3 1 4

4 2 3 1

36. During which plan was the National Apprenticeship Training Scheme introduced


I st Five Year Plan

2nd Five Year Plan

4lh Five Year Plan

Annual Plans

37. Match the following

List-I List-II

a. An ordinary person does not want to work on his own. l. Hierarchy Theory
b. An individual is 2. Hygiene willing to work on Theory his own.
c . Motivational Factors 3. X-Theory
d. Esreem Needs4. Y-Theory

Codes
a b c d


1 2 3 4

3 4 1 2

1 4 2 3

3 4 2 1

38. Arrange the following staffing procedures in the correct sequence

i. Determining sources of Personnel supply.
ii. Preparing personnel specifications.
iii. Selection of personnel.
iv. Determining personnel characteristics.

ii. i. iv, iii

i. ii. iii, iv

ii iii, iv

ii. iii. i. iv

39. Which among the following is not a voluntary method for prevention and settlement of disputes

Collective Bargaining

Standing Orders

Joint Consultation

Works Committee
40. Statement I It is no better to pay employees for little than to pay too much.

Statement -II Competent employees will remain competent forever.


Statement I is true. but II is false.

Statement II is true, but I is false.

Both Statements I and IJ are true.

Both Statements I and ll are false.
41. Match the following

a. Credit Control I. MCA
b. Corporate Control 2.
c. lPO Control 3. [RDA
d . ULIP Control 4. RBI

Codes
a b c d


4 2 3 4

4 4 1 2

2 4 2 3

4 4 2 1

42. Which one among the following has not Started Commercial Banking

SIDlH

IDBl

JCICI

UTI
43. What is OTP in credit card transactions

Odd Transaction Password

Owner·s Trading Pass code

One Time Password

One Time Pincode
44. The powers of Controller of Capital issues of India is now shifted to

Ministry of Finance

SEBT

AMF!

Ministry of Corporate Affairs
45. The success of E-banking depends upon

i. Multi-layer Security System
ii. Risk and Surveillance Management
iii. Updated Flawless Softwares
iv. Stringent Legal Frame-work

i and ii

ii and iii

ii, iii and iv

ii, iii and iv
46. International liquidity Comprises which four of the following

i. Gold held by Central Banks.
ii. Gold held by families.
iii. Forex Reserve held by Commercial Banks.
iv. Mineral wealth.
v . SDRs
vi. Borrowing facilities.
v11. NRls FDRs
viii. Credit facilities available under SWAP

i. ii. iii, iv

ii. iii, ,iv. viii

i. iii, viii
iii, 1v. vii, viii
47. Which among the following are important bodies ofWTO

i. Dispute Settlement Body.
ii. NAFrA
iii. Trade Policy Review Body
iv. ASEAN
v. Council for Trade in Goods
vi. IBRD
vii. Council for Trade related aspects of Intellectual Property Rights.
viii. GATIAn appropriate combination is

ii, iii, iv

ii, ill, iv. V

iii, v. vii

iv. viii
48. Which one is not die source of External Finance?

WTO Funds

World Bank Group

Export Credit

Foreign Direct investment
49. Which one is called BrettQn-Wood Twins

IBRD and IDA

IMF and lFC

{MF and IBRD

IDA and IFC
50. UNCT AD stands for

United Nations Committee on Tariff and Development.

United Nations Conference on Trade· and Deficit.

United Nations Conference oo Trade and Development.

Union of Nations Cause for Trade and Development.