UGC NET Mock 1 on Commerce – 20 Questions for Practice

by | Jan 29, 2024 | General | 0 comments

 

UGC NET Mock Test 1 on Commerce – 20 Questions for Practice

 

Take Test 1 20 questions for Practice – Commerce Test 1

 

1. Assertion (A): All decisions taken through mental process are rational.
Reason (R): Decision making is a mental process.
a.
b.
c.
d.

2. If bxy = 0.25 and byx = 0.64, correlation coefficient is
a.
b.
c.
d.

3. Consider the following:
i. Pricing objectives
ii. Pricing methods
iii. Pricing strategies
iv. Pricing decisions
Arrange them in correct sequences:
a.
b.
c.
d.

4. Which one of the following concepts is used as fund in the preparation of Funds Flow Statement?
a.
b.
c.
d.

5. Sample design involves the following:
i. Sampling unit
ii. Size of samples
iii. Type of universe
iv. Sampling procedure
Which one of the following sequences is correct?
a.
b.
c.
d.

6. Which of the following relate to measures of non-financial performance of a concern?
i. Customer satisfaction
ii. Business process improvement
iii. Learning organisation
Choose the right combination.
a.
b.
c.
d.

7. Which of the following software has application in both Mathematics and Statistics?
a.
b.
c.
d.

8. Which kind of economics explains the phenomenon of cause and effect relationship?
a.
b.
c.
d.

9. Assertion (A): Marginal cost and differential cost do not convey the same meaning in all the circumstances.
Reason (R): Differential cost increases or decreases due to change in fixed cost.
a.
b.
c.
d.

10. Which one of the following is not a measure of dispersion?
a.
b.
c.
d.

11. Which one is not an element of internal environment?
a.
b.
c.
d.

12. A commodity is used for multiple purposes, and then the demand for it is known as
a.
b.
c.
d.

13. Assertion (A): Ratio analysis is one the tools employed to know the financial health of a concern.
Reason (R): Ratio analysis is not the only technique available to take investment decision.
a.
b.
c.
d.

14. Window dressing is prohibited due to
a.
b.
c.
d.

15. Consider the following parties:
i. Secured creditors
ii. Unsecured creditors
iii. Partners who have granted loans
iv. Partners who have contributed over and above profit-sharing ratio Arrange them in correct sequence in the event of the dissolution of a firm.
a.
b.
c.
d.

16. GDP at factor cost is
a.
b.
c.
d.

17. Out of the following, which four benefits are available to hosts countries from MNC’s?
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
a.
b.
c.
d.

18. Struge’s rule is used to find out directly
a.
b.
c.
d.

19. Which one is not the main objective of fiscal policy of India?
a.
b.
c.
d.

20. Environmental degradation does not consist of
a.
b.
c.
d.


 


 
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