UGC NET Mock Test 10 on Management - 20 Questions for Practice

1. Which of the following schemes is not a part of India’s Foreign Trade Policy 2009-14?

a.TFITES (Tax-Free IT Export Scheme)

b.VKGUY (Vishesh Krishi and Gram Udyog Yojana)

c.FMS (Focus-Market Scheme)

d.DFIA (Duty-Free Import Authorization)

2. Which ratio explains that how much portion of earning is distributed in the form of dividends?

a.Dividend – Debt Ratio

b.Equity – Debt Ratio

c.Pay-out Ratio

d.Earning – Yield Ratio

3. From the following identify one which is not a property of Indifference curve?

a.Indifference curves are downward sloping.

b.Indifference curves are concave to the origin.

c.Indifference curves are convex to the origin.

d.Indifference curves do not intersect each other.

4. An integrated group of activities to bring about a change is known as

a.Organisation development

b.Collaborative culture

c.Interventions

d.OCTAPACE

5. What are the benefits of human resource planning?

a.Achieve economy in hiring new workers.

b.Improve the utilization of human resources.

c.All of the above

d.Match personnel activities and future organization objectives efficiently.

6. The salient features of India’s Foreign Trade Policy are:
i. Reducing the interest burden and extension of the interest subvention scheme.
ii. Rationalizing defence-related imports.
iii. Focus on labour-intensive sectors.
iv. Extension of zero-duty EPCG scheme.

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

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

c.(ii), (iii) and (iv) only

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

7. The hypothesis that ‘consumption in one period would be a function of income in that period and the returns on savings of the previous period’ is given by

a.Robert Hall

b.Franco Modigliani

c.Irving Fisher

d.Duesenberry

8. Which fact is true about on-line marketing?

a.A website which is user-friendly, regularly updated, provides product’s graphical image and product’s price is competitive.

b.A website which is user-friendly.

c.A website which is user-friendly and regularly updated.

d.A website which is user-friendly regularly updated and make product’s graphical image available.

9. Indicate correct code for the following statements of Assertion (A) and Reasoning (R):
Assertion (A): The Global Managers must develop systems and policies that address floor price, ceiling price and optimum price.
Reasoning (R): The Global Managers must be in line with global opportunities and constraints.

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

b.(A) and (R) both are correct, and (R) is the right explanation of (A).

c.(A) is correct, but (R) is not the right explanation of (A).

d.(A) and (R) both are correct, but (R) is not the right explanation of (A).

10. Diffusion of routine information takes place through

a.Downward Communication

b.Horizontal Communication

c.Upward Communication

d.External Communication

11. Participating preference shares are those which participate in the _______?

a.General meeting of the company

b.Profits over and above their fixed dividend

c.Voting

d.The Management of the company

12. Human Resource Management includes
1. Employee Grievance, 2. Organizational climate, 3. Job incentives, 4. Recruitment, 5. Selection
Select the correct answer from the following:

a.All of the above

b.1, 2, 3 and 4

c.1, 3, 4 and 5

d.1 and 5

13. What kind of pricing strategy a firm should normally follow for marketing electronic goods?

a.All of the above

b.Cost plus pricing strategy

c.Skimming pricing strategy

d.Penetration pricing strategy

14. Arrange the following steps of Dispute Settlement Mechanism under the WTO in the systematic order:
i. Panel Proceedings
ii. Appellate Body
iii. Consultations
iv. Compliance Panel
v. Arbitration Panel

a.iii, i, ii, iv and v

b.v, iv, ii, i, ii and i

c.i, ii, iii, iv and v

d.iv, ii, iii, v and i

15. Human resource planning system includes

a.All of the above

b.Human resource inventory

c.Corporate plan

d.Human resource supply forecast

16. Which of the following is one of the critical assumptions of Walters’ Model?

a.The retention ratio, once decided upon, is constant. Thus, the growth rate, (g = br) is also constant.

b.All of the above.

c.The capital markets are perfect and the investors behave rationally.

d.All financing is done through retained earnings; external sources of funds like debt or new equity capital are not used.

17. The form of learning in which people acquire new behaviours by systematically observing the rewards and punishments given to others is known as

a.Modelling

b.Operant conditioning

c.Law of effect

d.Positive reinforcement

18. Which one of the following statements is true?

a.Every Economic Theory is based on realistic facts which are common to all societies.

b.With the help of Economic Theories, it is always possible to predict the future accurately.

c.Business decisions cannot be taken without a sound knowledge of Macro Economic Theories.

d.Knowledge of Economic Theory is misleading in making business decisions.

19. Arrange the following in the proper order for decision under capital budgeting.
(i) Estimating the cost and benefits of proposals.
(ii) Deciding the investment objective.
(iii) Selecting the best investment proposal.
(iv) Applying the capital budgeting decision technique.

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

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

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

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

20. Modern approach to financial management is
I. The total fund requirement of the firm.
II. The asset to be acquired.
III. Payment of dividends to shareholders.

a.I, II & III

b.I only

c.II only

d.II & III only

UGC NET Mock 10 on Management – 20 Questions for Practice

UGC NET Mock Test 10 on Management – 20 Questions for Practice

Take Test 10 20 questions for Practice – Management Test 10

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