UGC NET Mock Test 8 on Commerce - 20 Questions for Practice

UGC NET Mock Test 8 on Commerce – 20 Questions for Practice

Take Test 8 20 questions for Practice – Commerce Test 8

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1. Which one of the following matches correspond to the Member and Observer countries of the SAARC? (i) India, Pakistan, Bangladesh, Bhutan, Nepal, Sri Lanka, Afghanistan, Maldive (ii) Iran, China, Japan, USA, South Korea, European Union (iii) Pakistan, Nepal, India, Bangladesh, Iran (iv) UK, USA, North Korea, South Africa

a.(iii) and (iv)

b.(i) and (ii)

c.(ii) and (iv)

d.(ii) and (iii)

2. Which of the following are covered under the scope of Human Resource Management? (i) Forecasting Human Resource Needs (ii) Replacement Planning (iii) Human Resource Dynamics (iv) Human Resource Development Planning (v) Human Resource Audit

a.(i), (ii), (iii), (iv)

b.(i), (iii), (v)

c.(iii), (v)

d.(i), (ii), (iii), (iv), (v)

3. The concept of present value is based on the :

a.None of the above

b.Principle of compounding

c.Principle of discounting

d.(A) and (B)

4. Which one is not an objective of IMF?

a.To finance productive efforts according to peace-time requirement

b.To ensure exchange rate stability

c.To promote international monetary co-operation

d.To ensure balanced international trade

5. Balance of Payments can be made favourable if ______?

a.Exports are increased

b.Devaluation of money

c.Imports are increased

d.(A) and (C)

6. Which one is not an international organization?

a.ASEAN

b.CBDT

c.SAARC

d.ASEM

7. Which four are the factors influencing the Human Resource Management of an organisation? (i) Size of workforce (ii) Employee Expectations (iii) Composition of workforce (iv) Political influence (v) Changes in technology

a.(i), (ii), (iii) and (iv)

b.(i),(ii), (iii) and (v)

c.(i), (ii), (iv) and (v)

d.(i), (iii), (iv) and (v)

8. Which among the following is not true with regard to merchant banker? (i) It can accept deposits. (ii) It can advance loans. (iii) It can do other banking activities. (iv) It can be manager to a public issue.

a.(ii), (iii) and (iv)

b.(i), (ii) and (iii)

c.(i), (iii) and (iv)

d.(ii) and (iv)

9. On which of the following, at the initial stage, the Indian IT companies relying more for getting good IT professionals?

a.Job Portals

b.Placement Agencies

c.All of the above

d.Campus Placement

10. In India, the Commercial Banks are given license of operation by _____?

a.The Ministry of Finance

b.Reserve Bank of India

c.The Government of India

d.Banking Companies Regulation Act, 1949

11. If Opening Stock is Rs. 10,000, Net Purchases Rs. 70,000, Wages Rs. 2,500, Carriage inward Rs. 500 and closing Stock Rs. 15,000, what is the Manufacturing Cost?

a.Rs. 73,000

b.Rs. 83,000

c.Rs. 68,000

d.Rs. 65,000

12. EPCG denotes?

a.Export Potential and Credit Guarantee

b.Earning Promotion and Credit Guarantee

c.Export Promotion and Credit Guarantee

d.Export Potential and Credit Goods

13. Which one refers to cash inflow under payback period method?

a.Cash flow after depreciation and taxes

b.Cash flow before depreciation and taxes

c.Cash flow after depreciation but before taxes

d.Cash flow before depreciation and after taxes

14. The provisions of General Reserve in Banking Companies are made keeping in view the provisions of _____?

a.Indian Companies Act, 1956

b.SEBI Act, 1992

c.Statutory Auditor

d.Banking Companies Act, 1949

15. Imperial Bank was established on January 27, 1921 on the advise of ______?

a.Lord Illingworth

b.King George V

c.Winston Churchill

d.J. M. Keynes

16. Cost of capital from all the sources of funds is called _______?

a.Composite cost

b.Specific cost

c.Implicit cost

d.Simple Average cost

17. Read the following events: (i) Allowing convertibility of the rupee at the market rate in the current account (ii) Nationalisation of general insurance business (iii) Establishment of IDBI (iv) Nationalisation of life insurance business (v) Capital adequacy norms for commercial banks Arrange the events in the ascending order of their occurrence:

a.(i), (ii), (iii), (v), (iv)

b.(i), (v), (ii), (iv), (iii)

c.(iv), (iii), (ii), (i), (v)

d.(v), (iv), (iii), (ii), (i)

18. Statement (i): Labour always get a major share of productivity gains. Statement (ii): Partial stoppage of work by workers amounts to strike.

a.Both statements are true.

b.Both statements are false.

c.Statement (ii) is true but (i) is false.

d.Statement (i) is true but (ii) is false.

19. Assertion (A): One can not be sure about the quality of appraisal on the basis of length of service. Reasoning (R): Initial appraisal and promotional appraisal are done separately and differently since the length of service is different.

a.(A) and (R) both are correct.

b.(A) and (R) both are not correct.

c.(R) is correct but (A) is not correct.

d.(A) is correct but (R) is not correct.

20. Which one is not an important objective of Financial Management?

a.Profit Maximisation

b.Value Maximisation

c.Maximisation of social benefits

d.Wealth Maximisation

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 4 on Commerce
UGC NET Mock Test 5 on Commerce
UGC NET Mock Test 6 on Commerce
UGC NET Mock Test 7 on Commerce
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UGC NET Mock Test 10 on Commerce
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UGC NET Mock 8 on Commerce – 20 Questions for Practice

UGC NET Mock Test 8 on Commerce – 20 Questions for Practice

Take Test 8 20 questions for Practice – Commerce Test 8

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