UGC NET Mock 15 on Commerce – 20 Questions for Practice

1. The following are the steps of management control process: (i) Taking corrective action from standards (ii) Establishing standards (iii) Measuring actual performance (iv) Comparing performance against standard Select the correct sequence of these steps from the codes given below:

2. According to the Boston Consulting group, a business, which has a strong market share in a low growth industry is referred to as a _____?

3. The regression equation of profits (X) on sales (Y) of a firm is given as: 3Y – 5X + 110 = 0. If the sales of the firm is Rs. 44,000, the profit will be

4. Which is not one of the stages in the consumer buying-decision process?

5. Cricketer ‘A’ scores on an average 40 runs with a standard deviation of 5. Scores of players ‘B’ and ‘C’, on an average, are 75 and 90 with standard deviations 10 and 18 respectively. Arrange the players in the descending order of consistency?

6. In the managerial grid, the managers who have little or no concern for production but are concerned only for people are known as what type of managers?

7. Strategies and policies?

8. A machine produced 20 defective articles in a batch of 400. After overhauling, it produced 10% defectives in a batch of 300. Which test of hypothesis can be applied to the above situation to examine whether the machine has improved?

9. According to Vroom’s Expectancy Theory of Motivation?

10. At which stage of product-life-cycle are the pricing decisions most complex?

11. What is the degree of elasticity of demand in case the demand is represented by a straight line parallel to the x-axis?

12. Which of the following are the major principles of leading? (i) Principle of motivation (ii) Principle of continuous development (iii) Principle of harmony of objectives (iv) Principle of open competition (v) Principle of communication clarity Select the correct answer from the codes given below:

13. Which one is not an element of market logistics?

14. Assertion (A): If regression coefficient of X on Y is greater than one, regression coefficient of Y on X must be less than one. Reason (R): The geometric mean between two regression coefficients is the coefficient of correlation. On the basis of the above, choose the appropriate answer?

15. There is no exception to the law of demand in the case of _______?

16. If the sum of squares of deviations within samples is 140 with 12 degrees of freedom and the sum of squares of deviations between samples is 190 with 2 degrees of freedom, the test statistic will be .....?

17. What kinds of actions can be taken to put the rivals at a disadvantageous position under oligopoly market?

18. Among the following, choose the most suitable ‘test’ that can be applied to examine the influence of one factor on different groups?

19. Consider the following: (i) Planning is today’s action for tomorrow’s decision. (ii) Planning is forward looking while controlling is looking back. (iii) Motivation is about getting voluntary willingness of subordinates for action. (iv) Line and staff organisation is the oldest form of organisation. Select the correct statements from the codes given below:

20. If a chi-square test is to be performed on a contingency table with 3 rows and 4 columns, how many degrees of freedom should be used?