UGC NET Mock 18 on Commerce – 20 Questions for Practice

1. Assertion (A): As the proportion of one variable factor in combination with fixed factor is increased, after a point the marginal product of the factor will diminish. Reason (R): Beyond the level of optimum combination of inputs leads to this.

2. Price, Marginal Revenue and Elasticity are related to each other. When e = 1, then:

3. Who proposed a model to apply economic order quantity concept of inventory management to determine the optimum cash holding in a firm?

4. The concept of marketing-mix, consisting of the 4 P’s of marketing, was developed by ___?

5. Which of the following is not a principle of management according to Henri Fayol?

6. Permanent working capital is generally financed through ___?

7. In case the projects are divisible under capital rationing an appropriate project appraisal method is ___?

8. Positive NPV in project appraised by a firm may not occur an account of ___?

9. Consider the following statistical tests: (i) ‘F’ test (ii) ‘t’ test (iii) ‘z’ test (iv) ‘Chi-square’ test Which of these are parametric tests?

10. Which of the following softwares are used for data processing? (i) EXCEL (ii) ACCESS (iii) SPSS (iv) STAR (v) PASW

11. Kendall’s coefficient of concordance is used to ____?

12. The appropriate ratio for indicating liquidity crisis is ____?

13. The general pattern of behaviour, shared beliefs and values that members have in common is known as ___?

14. Who has suggested that achievement motivation among individuals and nations can be developed through training courses?

15. Which of the following concepts is based on development, design and implementation of marketing programmes, processes and activities that recognise their breadth and interdependence?

16. Assertion (A): When span of control is wide co-ordination and control becomes difficult. Reason (R): In a narrow span, levels of authority reduced.

17. Consumer attitudes and beliefs about diet, health and nutrition are influenced by ____?

18. Assertion (A): Want-satisfying power of a commodity is called its utility. Reason (R): Utility may not have the characteristic of morality.

19. The selling concept is most likely to be used by firms which sell ___?

20. The difference between a sample statistic and its corresponding population parameter is ___?