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

1. 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 correct.

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

c.Both statements I and II are incorrect.

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

2. 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), (i), (v), (ii), (iii)

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

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

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

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

a.Statement I and statement II both are incorrect.

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

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

d.Statement I and statement II both are correct.

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

a.TRIMs

b.BOP

c.SAPTA

d.TRIPs

5. Four core themes of innovation are

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

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

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

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

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

a.Export Promotion

b.Offering competition to large scale industry

c.Labour intensive

d.Employment Generation

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

a.Quality of product

b.Nature of product

c.Availability of infrastructure

d.Government policies

8. 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.Part ‘B’ is only correct.

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

c.Both Part ‘A’ and ‘B’ are correct.

d.Part ‘A’ is only correct.

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

a.Pre-shipment credit in foreign currency.

b.Advances against incentives receivable from Government.

c.Packing credit.

d.Advance against export bills sent on collection.

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

a.number of solutions to a single problem

b.three solutions to two problems

c.many solutions to many problems

d.two solutions to a single problem

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

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

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

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

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

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

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

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

13. Which organisational structure is considered most complex?

a.Divisional structure

b.Functional structure

c.Matrix structure

d.Strategic Business Unit (SBU) structure

14. 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.Only (i) and (ii)

b.Only (iii) and (iv)

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

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

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

a.Government Control

b.Director of Company

c.Corporate Governance

d.Shareholders

16. 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 Social Responsibility

b.Corporate Governance

c.Environmental Ethics

d.Corporate Sustainability

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

a.(A) and (B)

b.Assistance/Consultancy to prospective Entrepreneurs

c.Assistance/Consultancy to existing units

d.Assistance/Consultancy and incentives to existing units

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

a.Protect natural resources

b.Protecting business environment

c.Social responsibility of business

d.Maintaining good property

19. 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.none of the above.

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

20. 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.Fixed exchange rate system.

c.Pegged exchange rate system.

d.Freely floating exchange rate system.

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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