UGC NET Mock Test 6 on Management - 20 Questions for Practice

1. The main activities of SISI (Small Industries Services Institutes) are

a.(A) and (B)

b.Assistance/Consultancy and incentives to existing units

c.Assistance/Consultancy to existing units

d.Assistance/Consultancy to prospective Entrepreneurs

2. Which of these is not a form of pre-shipment finance?

a.Advance against export bills sent on collection.

b.Packing credit.

c.Advances against incentives receivable from Government.

d.Pre-shipment credit in foreign currency.

3. Which of the following combination is suitably attributed to the statement that stakeholders should expect a fair return on their investment?
(i) Optimization of Profit
(ii) Social Responsibility of Business
(iii) Competition Theory of Business
(iv) Walter’s Theory

a.(ii), (iii) and (iv)

b.Only (iii) and (iv)

c.(i), (ii) and (iii)

d.Only (i) and (ii)

4. A system of control is implemented to assist in aligning the incentives of managers with those of shareholders is known as

a.Corporate Governance

b.Shareholders

c.Director of Company

d.Government Control

5. A set of processes, customs, policies, laws and institutions, that affects the way in which a corporation is directed, administered or controlled in order to facilitate the interest of stake-holders is known as

a.Corporate Governance

b.Environmental Ethics

c.Corporate Social Responsibility

d.Corporate Sustainability

6. Assertion (A): The Securities and Exchange Board of India has made Listing Agreement tough to ensure good corporate governance among the companies listed on Indian Stock Exchange.
Reasoning (R): In the absence of Clause 49, the listed companies may ignore the interests of stakeholders.

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

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

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

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

7. Brainstorming is a group creativity exercise designed to come up with _______.

a.three solutions to two problems

b.many solutions to many problems

c.two solutions to a single problem

d.number of solutions to a single problem

8. Statement I: Fixed exchange rate system is disadvantageous.
Statement II: The government can alter the exchange rates.

a.Statement I is incorrect, but statement II is correct.

b.Statement I is correct, but statement II is incorrect.

c.Statement I and statement II both are correct.

d.Statement I and statement II both are incorrect.

9. Five steps of small business development shall occur in the order of

a.Existence – Success – Survival – Resource Maturity – Takeoff

b.Success – Existence – Survival – Takeoff – Resource Maturity

c.Existence – Survival – Success – Takeoff – Resource Maturity

d.Resource Maturity – Existence – Success – Survival – Takeoff

10. Statement – I: A nation’s competitiveness depends on the capacity of its industry to innovate and upgrade.
Statement – II: Companies gain advantage against the world’s best competitors because of pressure and challenge.

a.Both statements I and II are incorrect.

b.Statement I is correct, but statement II is incorrect.

c.Both statements I and II are correct.

d.Statement I is incorrect, but statement II is correct.

11. Which of the following is not an element of logistics system?

a.Quality of product

b.Government policies

c.Nature of product

d.Availability of infrastructure

12. Under which of the following exchange rate systems, exchange rates are either held constant or allowed to fluctuate only within very narrow boundaries?

a.Managed floating exchange rate system.

b.Pegged exchange rate system.

c.Freely floating exchange rate system.

d.Fixed exchange rate system.

13. Which is not a socio-economic rationale for promoting SSI in India?

a.Export Promotion

b.Employment Generation

c.Offering competition to large scale industry

d.Labour intensive

14. Goals-driven planning is best explained by

a.planning to overcome critical issues that thwart attempts to be more customer-focused.

b.carefully managed to focus on solutions.

c.hard to come up with good indicators and gather reliable baseline data.

d.none of the above.

15. In reference Part-A and Part-B, which statement is correct?
Part ‘A’: Strategy is an action plan for achieving organisational objectives.
Part ‘B’: It is the bridge between the present and desired future.

a.Both Part ‘A’ and ‘B’ are incorrect.

b.Part ‘A’ is only correct.

c.Part ‘B’ is only correct.

d.Both Part ‘A’ and ‘B’ are correct.

16. Which organisational structure is considered most complex?

a.Strategic Business Unit (SBU) structure

b.Functional structure

c.Matrix structure

d.Divisional structure

17. The member countries of WTO have moved to “Product Patent Regime” under

a.BOP

b.TRIMs

c.SAPTA

d.TRIPs

18. Arrange the steps given below in the proper order in the process of selection of samples:
(i) Determining sample size
(ii) Specifying sampling method
(iii) Selecting samples
(iv) Defining the population
(v) Developing sample frame

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

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

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

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

19. Four core themes of innovation are

a.creating the value, recognizing the opportunity, developing the venture and finding the resources.

b.recognising the opportunity, finding the resources, developing the venture and creating value.

c.finding the resources, developing the venture, recognizing the opportunity and creating value.

d.developing the venture, creating value, recognising the opportunity and finding the resources.

20. “We must maintain in good order the property, we are privileged to use, protecting the environment and natural resources” is known as

a.Social responsibility of business

b.Maintaining good property

c.Protect natural resources

d.Protecting business environment

UGC NET Mock 6 on Management – 20 Questions for Practice

UGC NET Mock Test 6 on Management – 20 Questions for Practice

Take Test 6 20 questions for Practice – Management Test 6

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