UGC NET Mock Test 4 on Commerce - 20 Questions for Practice

UGC NET Mock Test 4 on Commerce – 20 Questions for Practice

Take Test 4 20 questions for Practice – Commerce Test 4

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1. If the price of any commodity decreases by 20% and the demand for that commodity increases by 40%, then the elasticity of demand would be ?

a.Perfectly inelastic

b.Perfectly elastic

c.Unit elastic

d.Highly elastic

2. Who is not associated with HRM?

a.Dale Yodar

b.K.K. Devit

c.Edvoin B. Flippo

d.Michael J Jucius

3. Merit rating is not known as ?

a.Experience Rating

b.Job Rating

c.Efficiency Rating

d.Service Rating

4. Which of the following statements is true?

a.In case of inferior goods, the income effect is positive although the substitution effect is negative.

b.In case of inferior goods, the income effect is negative, although the substitution effect is positive.

c.In inferior goods, the income and substitution effects are positive.

d.In inferior goods, the income and substitution effects are negative.

5. In perfect competition, the demand curve of a firm is?

a.Positively sloped

b.Vertical

c.Negatively sloped

d.Horizontal

6. Under which concept of marketing do you find greater emphasis on techniques and technology of production?

a.Product

b.None

c.Marketing

d.Selling

7. Public distribution system relates to?

a.Retailing system

b.Selling system

c.Marketing system

d.Industrial system

8. Who did give the concept of hierarchy of needs?

a.Fredrick Herzberg

b.Douglas Mcgregor

c.A.H. Maslow

d.Victor Vroom

9. ‘Kinked’ demand curve is related with ?

a.Perfect competition

b.Discriminating monopoly

c.Oligopoly

d.Monopoly

10. There are impulses which persuade a customer to buy certain products without evaluating the positive and negative value of the same.

a.All the above

b.Blind motives

c.Emotional motives

d.Egoistic motives

11. Assertion (A): High customer expectations lead to dissatisfaction as product performance never matches them.
Reason (R): Product performance is always customer specific.

a.(R) is correct, but (A) is incorrect.

b.Both (A) and (R) are incorrect.

c.Both (A) and (R) are correct.

d.(A) is correct, but (R) is incorrect.

12. Who is considered the Father of Scientific Management?

a.Peter Drucker

b.F.W. Taylor

c.Victor Vroom

d.Henry Fayol

13. Which is used for short-term sales achievement?

a.Sales Promotion

b.Public Relations

c.Personal selling

d.Advertising

14. Who do buy more, complain less, spread positive word of mouth, ensure a large customer base and repeat business?

a.Delighted customers

b.Industrial customers

c.Satisfied customers

d.None of the above

15. Which subject is relevant to the study of consumer behaviour?

a.Economics

b.Psychology

c.Sociology

d.All the above

16. Which of the following steps of purchase decision process is in sequence?
1. Problem recognition
2. Search for alternatives
3. Evaluation of alternatives
4. Purchase action
5. Post purchase action

a.2, 1, 3, 5, 4

b.1, 3, 2, 4, 5

c.1, 2, 3, 4, 5

d.1, 2, 4, 3, 5

17. Assertion (A): Management is a continuous process.
Reason (R): Managers first plan, then organise and finally perform the function of controlling.

a.Both (A) and (R) are correct, but (R) is not a correct explanation of (A).

b.(A) is incorrect, but (R) is correct.

c.Both (A) and (R) are correct and (R) is the correct explanation of (A).

d.(A) is correct, but (R) is incorrect.

18. Induction of employees relates to?

a.Introduction

b.Training programme

c.Organisational awareness

d.Assignment of duties

19. Find an incorrect statement?

a.Attitudes are learned.

b.Attitudes are synonymous with behaviour.

c.Attitudes have motivational qualities.

d.Consumer attitude can be summarized as evaluation of an object.

20. What is customer value?

a.Post purchase dissonance

b.Excess of satisfaction over expectation.

c.None of the above

d.The Ratio between the customer’s perceived benefits and the resources used to obtain these benefits.

Also See :

UGC NET Mock Test 1 on Commerce
UGC NET Mock Test 2 on Commerce
UGC NET Mock Test 3 on Commerce
UGC NET Mock Test 5 on Commerce
UGC NET Mock Test 6 on Commerce
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UGC NET Mock 4 on Commerce – 20 Questions for Practice

UGC NET Mock Test 4 on Commerce – 20 Questions for Practice

Take Test 4 20 questions for Practice – Commerce Test 4

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