UGC NET Mock Test 5 on Management - 20 Questions for Practice

1. The sum of the value of all final goods and services produced within a country and net factor income from abroad is termed as

a.Real GDP

b.GNP

c.Nominal GDP

d.NNP

2. Minimum wage means

a.Wages paid in proportion to workman’s work efficiency.

b.Wage sufficient to ensure the workman food, shelter, clothing, frugal comfort and provision for evil days.

c.A wage sufficient to satisfy the workman’s basic needs.

d.A sum of money paid under contract by an employer to a workman for services rendered.

3. Performance appraisal includes

a.Check reviews done by the supervisors.

b.All of the above.

c.Promote employees for self-appraisal.

d.Review his performance in relation to the objectives and other behaviours.

4. In which case, the acquirer puts pressure on the management of the target company by threatening to make an open offer; the board capitulates straight away and agrees for settlement with the acquirer for change of control.

a.Poison Put

b.None of the above

c.Poison Pill

d.Bear Hug

5. In which of the approach, the market value of the firm depends upon the EBIT and the overall cost of capital?

a.None of the above

b.Net Income Approach

c.Net Operating Income Approach

d.Modigliani-Miller Approach

6. On-the-job training methods are not based on

a.Interactive methods

b.Demonstration methods

c.Apprentice training method

d.Vestibule Training methods

7. Bid/ask spread of a foreign currency can be computed by which of the following formulae?

a.(Ask Rate – Bid Rate) / Ask Rate

b.(Ask Rate – Bid Rate) / Bid Rate

c.(Bid Rate – Ask Rate) / Ask Rate

d.(Bid Rate – Ask Rate) / Bid Rate

8. If a firm raises Rs. 1, 00,000 by the issue of debentures at 10%, repayable after 10 years, the rate of return that equates the present value of cash inflows with the present value of cash outflows is referred to as

a.Future cost

b.Implicit cost

c.Specific cost

d.Explicit cost

9. The major objective of economists to monopolies is

a.The dangerous impact on democratic government.

b.Lack of technological progress in such industries.

c.The inability in an industry where there is a single producer.

d.The tendency to restrict output and charge a higher price.

10. Which of the following method of incorporation of risk in the capital budgeting decision framework is useful for situations in which decisions at one point of time also affect the decisions of the firm at some later date?

a.Decision-tree Approach

b.Risk-adjusted Discount Rate Approach

c.Certainty Equivalent Approach

d.Probability Distribution Approach

11. Which of the following combination, according to hierarchy of effects model is correct?

a.Awareness – Knowledge – Liking – Preference – Conviction – Purchase.

b.Awareness – Liking – Knowledge – Conviction – Preference – Purchase.

c.Awareness – Preference – Knowledge – Liking – Preference – Purchase.

d.Awareness – Liking – Knowledge – Conviction – Purchase – Preference.

12. A deliberate and careful choice of organisation, product, price, promotion, place strategies and policies best define the concept of ____

a.Market Penetration

b.Marketing Mix

c.Product Mix

d.Market Segmentation

13. Annual Reports, Balance Sheets, Brochures and Advertisements in organisational communication are the means to aim at

a.Group building

b.Image building

c.Influencing

d.Credibility building

14. Which of the following statements is true?

a.Profit sharing is an agreement freely entered into by which the employees receive share fixed in advance from the organization’s profits.

b.An experiment in profit shares on a wide scale would therefore be definitely undertaking a voyage of an uncharted sea.

c.Profit distribution under a profit sharing plan are used to fund employee retirement plans.

d.All of the above.

15. The process through which individuals attempt to determine the causes behind others’ behaviour is known as

a.Attitude

b.Social identity theory

c.Attribution

d.Perception

16. Which theory of human motivation focuses on personal perceptions of the performance process?

a.Alderfer’s ERG Theory

b.Vroom’s Expectancy Theory

c.Adam’s Theory of Inequality

d.McClelland’s Need Theory

17. Statement I: Demand for a commodity refers to quantity of the commodity demanded at a certain price during any particular period of time.
Statement II: Contraction of demand is the result of an increase in the price of the goods concerned.

a.II is correct and I is incorrect.

b.Both I & II are correct.

c.Both I and II are incorrect.

d.I is correct and II is incorrect.

18. The degree to which a firm’s present value of future cash flows can be influenced by exchange rate fluctuations is referred to as

a.Economic exposure

b.Accounting exposure

c.Translation exposure

d.Transaction exposure

19. Rational motives in buying process are explained as

a.Motives based on careful, logical reasoning and self-acceptance.

b.Motives based on sensual satisfaction, fear and entertainment.

c.All of the above.

d.Activity buyer adopts to satisfy buying needs.

20. Which is the assumption of Modigliani and Miller approach to cost of capital?

a.The capital markets are assumed to be perfect.

b.All investors have the same expectations from a firm’s net operating income which is necessary to evaluate the value of a firm.

c.All of the above.

d.The firms can be classified into homogeneous risk class.

UGC NET Mock 5 on Management – 20 Questions for Practice

UGC NET Mock Test 5 on Management – 20 Questions for Practice

Take Test 5 20 questions for Practice – Management Test 5

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