UGC NET Mock Test 27 on Management - 20 Questions for Practice

1. If two commodities are complementary, then a rise in the price of one commodity will induce?

a.No shift in demand for the other commodity

b.A rise in the price of the other commodity

c.A backward shift in demand for the other commodity

d.An upward shift of demand curve

2. Wage determination is mostly done through tools which are?

a.Subjective

b.None of these

c.Both of (A) & (B)

d.Objective

3. Which one of the following is not a step in planning?

a.Identifying needs of employees

b.Developing premises

c.Determining alternative courses

d.Establishing objectives

4. Job Evaluation criterion comes from?

a.Job description

b.Job duration

c.Job manual

d.Job specification

5. Finance functions are

a.Allocation of Resources

b.Raising of funds

c.All of the above

d.Planning for funds

6. Exit Policy primarily emphasises in the broad sense, for policy makers as ____?

a.Bringing new blood to the Corporate

b.Removing employees

c.Retiring people and rehabilitating them

d.Downsizing

7. Performance Appraisal is a double edged tool to?

a.All of the above.

b.Accompanying the course of Demotion.

c.Create a space for the employee to organisationally survive.

d.Offering challenges for promotion.

8. When analysing your business and its environment, it is useful to carefully inspect?

a.Strengths and weaknesses

b.Threats

c.Opportunities

d.All of the above

9. The term Opportunity Cost refers to?

a.The cost forgone in favour of production of another product

b.Short-run cost

c.Variable Cost

d.Cost related to an optimum level of production

10. The Tax shield would result in
i. increase in tax liability
ii. Increase in EPS
iii. Decrease in EPS
iv. Decrease in tax liability

a.(iii) and (iv)

b.(i) and (iii)

c.(ii) and (iv)

d.(i) and (iv)

11. What is the characteristic of a purely competitive market?

a.Abnormal profit

b.Large number of buyers and sellers

c.A few sellers

d.A few buyers

12. Human Resource Management (HRM) is a part of the broad Human Resource Development (HRD) System, as this focus to?

a.(A) and (B) above

b.Selection, Induction, Training and Development

c.Operational and Organisational Options

d.None of the above

13. The internet offers marketers a fast, versatile and inexpensive

a.Communication medium

b.All of the above

c.Cost of construction

d.Cost of production

14. Which of the following is an example of an external threat?

a.Decreased competition

b.Economies of Scale

c.Global Sales Potential

d.New Trade Regulations

15. The goal of financial management is to?

a.Maximise the wealth of Preference Shareholders

b.All of the above

c.Maximise the wealth of Equity shareholders

d.Maximise the wealth of Debenture holders

16. The Internal Rate of Return (IRR) is determined where?

a.The Net Present Value is negative

b.The Net Present Value is positive

c.None of the above

d.The Net Present Value is zero

17. The call-option value of a callable bond is likely to be high when

a.interest rates are volatile.

b.interest rate are high and expected to remain high.

c.interest rates are low and expected to remain low.

d.markets are inefficient.

18. Expectancy Theory of Motivation was propounded by ___?

a.McGregor

b.Porter and Lawler

c.Vroom

d.J. Stacy Adams

19. Willingness to pay minus actual payment is called?

a.Producer’s surplus

b.Consumer’s surplus

c.Utility cost

d.Supplier’s surplus

20. Planning is looking ahead and control is ____?

a.Setting targets

b.Scanning environment

c.Defining objectives

d.Looking back

UGC NET Mock 27 on Management – 20 Questions for Practice

UGC NET Mock Test 27 on Management – 20 Questions for Practice

Take Test 27 20 questions for Practice – Management Test 27

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