This document contains instructions for a management test. It provides details about the test paper such as the test subject code, number of pages and questions. It instructs candidates to fill identification details and check that they have the correct test booklet. The instructions explain how to answer multiple choice questions by darkening the correct option on the answer sheet. It provides guidelines regarding rough work, writing anything other than required details on the answer sheet, and returning the test materials after completion.
This document contains instructions for a management test. It provides details about the test paper such as the test subject code, number of pages and questions. It instructs candidates to fill identification details and check that they have the correct test booklet. The instructions explain how to answer multiple choice questions by darkening the correct option on the answer sheet. It provides guidelines regarding rough work, writing anything other than required details on the answer sheet, and returning the test materials after completion.
This document contains instructions for a management test. It provides details about the test paper such as the test subject code, number of pages and questions. It instructs candidates to fill identification details and check that they have the correct test booklet. The instructions explain how to answer multiple choice questions by darkening the correct option on the answer sheet. It provides guidelines regarding rough work, writing anything other than required details on the answer sheet, and returning the test materials after completion.
This document contains instructions for a management test. It provides details about the test paper such as the test subject code, number of pages and questions. It instructs candidates to fill identification details and check that they have the correct test booklet. The instructions explain how to answer multiple choice questions by darkening the correct option on the answer sheet. It provides guidelines regarding rough work, writing anything other than required details on the answer sheet, and returning the test materials after completion.
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Test Paper : II
Test Subject : MANAGEMENT
Test Subject Code : A-11-02 Test Booklet Serial No. : ______________________ OMR Sheet No. : ________________________________ Hall Ticket No.
(Figures as per admission card) Name & Signature of Invigilator Name : ____________________________________ Signature : ___________________________________ Paper : II Subject : MANAGEMENT Time : 1 Hour 15 Minutes Maximum Marks : 100 Number of Pages in this Booklet : 8 Number of Questions in this Booklet : 50 Instructions for the Candidates 1. Write your Hall Ticket Number in the space provided on the top of this page. 2. This paper consists of fifty multiple-choice type of questions. 3. At the commencement of examination, the question booklet will be given to you. In the first 5 minutes, you are requested to open the booklet and compulsorily examine it as below : (i) To have access to the Question Booklet, tear off the paper seal on the edge of this cover page. Do not accept a booklet without sticker-seal and do not accept an open booklet. (ii) Tally the number of pages and number of questions in the booklet with the information printed on the cover page. Faulty booklets due to pages/questions missing or duplicate or not in serial order or any other discrepancy should be got replaced immediately by a correct booklet from the invigilator within the period of 5 minutes. Afterwards, neither the Question Booklet will be replaced nor any extra time will be given. (iii) After this verification is over, the Test Booklet Number should be entered in the OMR Sheet and the OMR Sheet Number should be entered on this Test Booklet. 4. Each item has four alternative responses marked (A), (B), (C) and (D). You have to darken the circle as indicated below on the correct response against each item. Example : A B C D where (C) is the correct response. 5. Your responses to the items are to be indicated in the OMR Sheet given to you. If you mark at any place other than in the circle in the Answer Sheet, it will not be evaluated. 6. Read instructions given inside carefully. 7. Rough Work is to be done in the end of this booklet. 8. If you write your name or put any mark on any part of the OMR Answer Sheet, except for the space allotted for the relevant entries, which may disclose your identity, you will render yourself liable to disqualification. 9. You have to return the test question booklet and OMR Answer Sheet to the invigilators at the end of the examination compulsorily and must not carry it with you outside the Examination Hall. 10. Use only Blue/Black Ball point pen. 11. Use of any calculator or log table etc., is prohibited. 12. There is no negative marks for incorrect answers. ., ......:.... 1. .,. . ,.. ,.... .... . .. . . . ..... ...... 2. .. .... .:, .... .. ..... .. :... 3. .. ..,.... ...... ... ,........ ..... -.. . ,. .... : _..._...... .:. .-. .:.. .-.... .._..:. .:.:...'-.. (i) .. ...... .:... ..... ..... :. .., '..... ...... ... '.... ...... ,.... .. :. ........ ... .......... (ii) ....'.e...._c-....:..-_...-:_.. ._.....'.'.. .-,. . . .:. .. _ .. . .-,. . .:. : ...'-. . '.. .-,. . .-.-c-....` ..:.-...-,.'_.. ...` ...,..` ..._.. ....,..` ._.. .._.......'.` ...,..` .:......-... .-. .',.,:...._.. ._...-....... .....,.'.:_ .. . _ . ... .:... .... .. .... .:. . _ .. ._... ...'-. . ...-..-_.. ._.....:.........,.... .-...... (iii) . .. ... : .... . .. . . ..,.. OMR . . .. . .. .. OMR .... ..,.. .. .... . . , . ... ........ 4. . .... .... ..:.. ....... (A), (B), (C) ...... (D) .. ,....... ..... ... ....... ... . .. ... .. OMR ..... . .. ..,.. ,.... .... . . ... ....... .:... . .. ..... .. . .. ... .. .,..... .-. .- : A B C D (C) ... ..... .... 5. ..... ........ ...... ,.... OMR .... .. ,.... ... .,... ...... .... ..:.. ... ... .. ... . ..... ..:..... ........ 6. .. .... ... ,.. .:..... . ...... 7. . . . .. . . .. .. . ,.. , . .. ... . .:.. 8. OMR .... . . .... .:....... .... ... ,. .... . ....,.. .. .. . ... ..... . . ,. ..... .... ....... . ..... .. .....,... 9. .. .,. .... . . .. . . ..... OMR . ... ......... ,... .. .. . ...... ........:.... 10. .:...-........-....:_..... :.-.-:. 11. ...,... ...,.:... ....,...................:.:_.:.' .. :.-..-.,.-. 12. .._..:.-.-....:.....-.,. ... II 1 A-11-02 *A1102* II 2 A-11-02 *A1102* II 3 A-11-02 1. Product differentiation is a common feature of (A) Perfect Competition (B) Monopoly (C) Monopolistic Competition (D) Oligopoly 2. In Growth Share Matrix Question Mark indicates (A) High Business Growth-High Market Share (B) High Business Growth-Low Market Share (C) Low Business Growth-High Market Share (D) Low Business Growth-Low Market Share 3. The Basi c obj ecti ve of Fi nanci al Management is (A) Maximisation of Profit (B) Maxi mi sati on of Sharehol ders Wealth (C) Ensuring Financial discipline in the organisation (D) None of the above 4. The EOQ inventory model attempts to minimize (A) The number of items ordered (B) The number of orders placed (C) The total inventory costs (D) The safety stock 5. Select the correct chronol ogi cal arrangement of the following Acts 1. Minimum Wages Act 2. Workmens Compensation Act 3. Employee Provident Fund Act 4. Payment of Wages Act (A) 4,3,2,1 (B) 1,4,3,2 (C) 2,4,1,3 (D) 2,4,3,1 6. Who is a Merchant Middleman? (A) Stock Broker (B) Commission Agent (C) Retailer (D) Selling Agent of a Company 7. Which of the following is alternatively called Corporate Venturing? (A) Entrepreneurship (B) Intrapreneurship (C) A new product start-up (D) Venture Capital 8. The following Company is in the news for vi ol ati on of Corporate Governance through fraudulent practices (A) Tata Chemicals Ltd. (B) Reliance Industries Ltd. (C) Hindustan Unilever Ltd. (D) Satyam Computers Ltd. 9. Different types of Probability Distribution include 1. Binomial distribution 2. Poisson distribution 3. Normal distribution 4. Exponential distribution (A) 1 and 2 only (B) 1, 2 and 3 only (C) 3 and 4 only (D) 1, 2, 3 and 4 MANAGEMENT Paper II *A1102* II 4 A-11-02 10. Organisational Behaviour is a (A) Function of its consequences (B) Study of character of people (C) Study of team behavior (D) Study of management behavior 11. Usually the demand for necessities is (A) Highly elastic (B) Highly inelastic (C) Slightly elastic (D) Slightly inelastic 12. Match the following : List A List B a. How do we succeed 1. Functional Strategy in this business? b. What Business should 2. Business Strategy we be in? c. How does this unit 3. Corporate Strategy contribute ? a b c (A) 1 2 3 (B) 3 2 1 (C) 1 3 2 (D) 2 3 1 13. A Bond can be issued at a premium, if (A) Coupon rate is greater than required return (B) Coupon rate is less than required return (C) Coupon rate is equal to required return (D) None of the above 14. The objective of Operations Management is to enhance the performance of an organization in terms of its (A) Productivity (B) Product quality (C) Competitiveness (D) Overall performance 15. Which of the following is not the principle of Trade Unionism ? (A) Unity is Strength (B) Equal Pay for equal work (C) Security of service (D) Right to lock out 16. Hypothesis is tested in the following research design (A) Exploratory and Descriptive (B) Descriptive and Causal (C) Causal and Exploratory (D) Experimental and Exploratory 17. Which one of the following is not the reason for the si ckness of Smal l Enterprise? (A) Lack of Working Capital (B) Lack of Market Demand (C) Lack of Competition (D) Lack of Raw Material 18. The Social Responsibility of a Business is important to (A) Owners and Investors (B) Employees (C) Government (D) All the above 19. Read the following statements and select the correct combination given thereunder: Statement 1 : Linear Programming is a mathematical function. Statement 2 : Transportation model is one of the part of Linear Programming. (A) Statement 1 is true but 2 is not true (B) Statements 1 and 2, both are true (C) Statement 1 is not true but 2 is true (D) Both the statements 1 and 2 are not true 20. Personality is determined by: (A) Heredity (B) Environment (C) Situation (D) All the three above. *A1102* II 5 A-11-02 21. If total cost functi on of a fi rm : TC=1050+10Q 2 +8Q, find the marginal cost of the firm when the quantity produced is 15 units (A) 105 (B) 225 (C) 308 (D) 247 22. Match the following : List 1 List 2 (Types of Strategies) (Examples) a. Retrenchment strategy 1. Reduction b. Combination strategy 2. Filled / used c. Stability strategy 3. Maintain present course d. Growth strategy 4. PLC a b c d (A) 1 2 3 4 (B) 4 2 1 3 (C) 1 4 3 2 (D) 3 1 2 4 23. Match the following : List 1 List 2 a. Number of years required to 1. NPV recover the initial outlay is determined by b. A method which uses 2. Pay Back period accounting information for evaluating proposed capital expenditure is c. Theoretically correct 3. IRR technique for selection of Investment project is d. A technique which ascertains 4. ARR a discount rate that equates the aggregate present values of net cash inflows with that of the aggregate present values of net cash outflows is a b c d (A) 1 3 4 2 (B) 2 4 1 3 (C) 1 2 4 3 (D) 3 4 2 1 24. The following is used for identifying the total resources required for meeting customers requirements (A) Capacity Planning (B) Process Planning (C) Inventory Management (D) Master Production Schedule 25. What describes the tasks, duties and responsibilities of a Job? (A) Job Analysis (B) Job Enrichment (C) Job Description (D) Job Empowerment 26. Who defined Advertising as Any paid form of non-personal presentati on and promotion of ideas, goods and services by an identified sponsor ? (A) Philip Kotler (B) Peter F. Drucker (C) Mc Carthy (D) American Marketing Association 27. Dynamic process of creating incremental wealth by individuals who assume the risks of equity, time and careers, to infuse resources with value for society is referred as (A) Business Plan (B) Venture Capital (C) Business Opportunity (D) Entrepreneurship 28. Ethics is derived from Ethos, a Latin word, which means (A) Character (B) Responsibility (C) Integrity (D) Morality 29. The regression lines cut each other at the point of (A) Average of X and Y (B) Average of X only (C) Average of Y only (D) Median of X and Y *A1102* II 6 A-11-02 30. Learning means (A) Relatively permanent change in the behavior of people (B) Developing the skills (C) Improving the knowledge (D) Changing the habits 31. The average fixed cost curve of a firm is (A) parallel to the horizontal axis (B) parallel to the vertical axis. (C) a U shaped curve (D) a downward sloping curve from left to right 32. The FOUR functi ons vi z., R & D, Production, Marketing, Sales & Service, through which Value addition occurs, are referred to as (A) Value added activities (B) Value addition functions (C) Primary activities (D) Secondary activities 33. In terms of relative risk, which of the following is true ? (A) Debt is risky for investors, while equity is risky for firm (B) Both debt and equity are risky for investors (C) Both debt and equity are risky for firm (D) Debt is risky for the firm, while equity is risky for investors 34. A Floor plan for determination and arranging the desired machinery and equipment of a Plant is referred to as (A) Plant Location (B) Plant Lay-Out (C) Product Design (D) Process Planning 35. Which of the following is not a method of Performance Appraisal ? (A) 360 o Performance Appraisal (B) Ranking Method (C) Graphic Rating Scales Method (D) Man Power Planning 36. From the following, the 4 Ps of marketing coined originally are 1. Product 2. Price 3. Packaging 4. People 5. Promotion 6. Place (A) 1, 2, 3 and 4 (B) 1,2, 5 and 6 (C) 3,4,6 and 5 (D) 1, 2, 5 and 4 37. Small sample means (A) Less than 10 (B) Less than 15 (C) Less than 20 (D) Less than 30 38. Which of the following is not Goal Conflict ? (A) Approach-Approach conflict (B) Approach-Avoidance conflict (C) Avoidance-Avoidance conflict (D) Role ambiguity 39. Irrelevance concept of dividend is proposed by (A) Walter (B) Gordon (C) Modigliani and Miller (D) Laplace 40. Total Float is (A) L j E j + (B) E j E i + (C) L j E j (D) E j L i + 41. A system i n whi ch Uni ons and Management negotiate with each other to develop the work rules, under which Union members will work for a stipulated period of time, is referred to as (A) Man Power Planning (B) Career Planning (C) Collective Bargaining (D) Training and Development *A1102* II 7 A-11-02 42. Developing new products for new markets, is called (A) Market Penetration (B) Diversification (C) Product Development (D) Market Development 43. The term Exchange Ratio is used in (A) Profitability Assessment (B) Capital Structure (C) Mergers and Acquisitions (D) Leverages 44. Which of the following is a common cause of Machine Break down ? (A) Inadequate preventive maintenance (B) Dirt, Oil and Chemicals accumulation (C) Incorrect machine set-up (D) All the above 45. In the process of generating a Pool of qualified candidates for a particular Job, the 1 st step, the hiring process, is called (A) Induction (B) Selection (C) Recruitment (D) Training 46. FOB Pricing is (A) Price skimming (B) Penetration pricing (C) Psychological pricing (D) Pricing in international trade 47. A transaction, where financial securities are i ssued agai nst the cash fl ow generated from a pool of assets is called (A) Securitization (B) Credit Default swaps (C) Credit Linked Notes (D) Total return swaps 48. Read the following statements and select correct answer Statement 1 : Operations Research is useful for optimization of resources. Statement 2 : Operati ons Research does not determine the optimum replacement policies. (A) Statements 1 and 2 are true (B) Statement 1 is true but statement 2 is not true (C) Statement 1 is not true but statement 2 is true (D) Both statements 1 and 2 are not true 49. Match the following : List 1 List 2 (Marketing Variables) (Qualities) a. Product 1. Shape b. Price 2. Advertising c. Promotion 3. Discounts d. Place 4. Layout of store a b c d (A) 1 2 3 4 (B) 3 4 1 2 (C) 4 3 2 1 (D) 1 3 2 4 50. The process of providing employees with specific skills or helping them correct deficiencies in their performance is called (A) Counselling (B) Motivation (C) Recruitment and selection (D) Training ___________________ *A1102* II 8 A-11-02 Space for Rough Work