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UGC NET Management July 2016 Online Exam Quiz

Important questions about UGC NET Management July 2016. UGC NET Management July 2016 MCQ questions with answers. UGC NET Management July 2016 exam questions and answers for students and interviews.

1. The following is the demand function: Q = 100 – 5P What will be the point price elasticity of demand at price ` 10?

Options

A : 2.00

B : 2.00

C : 0.85

D : 0.50

2. The short-run cost function of a firm is as under: TC = 200 + 5Q + 2Q2 What will be the level of output at which AC and MC will be equal?

Options

A : 20

B : 15

C : 10

D : 5

3. Match the items of List–I with the items of List-II and select the code of correct matching:

Options

A : (a) (b) (c) (d) 3   4   1   2

B : (a) (b) (c) (d) 1   2   4   3

C : (a) (b) (c) (d) 2   3   1   4

D : (a) (b) (c) (d) 4   3   2   1

4. Assertion (A): The perceived risk of operating a domestic firm in the international environment is much higher. Reason (R): The international environment is more volatile and the domestic firm generally does not have full information about the environment.

Options

A : Both (A) and (R) are correct.

B : Both (A) and (R) are incorrect.

C : (A) is correct while (R) is incorrect.

D : (A) is incorrect while (R) is correct.

5. Statement–I: The accept-reject approach is adopted generally when a firm has a large amount of funds to invest in several projects at the same time. Statement–II: Both the NPV and the IRR methods of investment appraisal are based on a discounted cash flow approach.

Options

A : Both the statements are correct.

B : Both the statements are incorrect.

C : Statement–I is correct while Statement–II is incorrect.

D : Statement–I is incorrect while Statement– II is correct.

46. The three basic principles of business ethics are shown by which one of the following?

Options

A : Utilitarianism, social commitment and reputation

B : Utilitarianism, societal reputation, and justice

C : Utilitarianism, the principle of right, and principle of justice.

D : Principle of right, the principle of justice and social commitment

47. Gandhian concept of social responsibility is denoted by which one of the following?

Options

A : Social commitment concept

B : Trusteeship concept

C : Sustainable development concept

D : Welfare concept

48. CII Committee on Corporate Governance with SEBI as the Custodian of investors constituted on 7th May 1999 is known by which one of the following?

Options

A : Dr. J.J. Irani Committee

B : Kumar Mangalam Birla Committee

C : Narayan Murti Committee

D : Working group on the Companies Act

49. Which one of the following denotes good choices of ethical decision making?

Options

A : (i) take choice seriously (ii) good decisions are both ethical and effective (iii) discernment and discipline

B : (i) ethical actions (ii) discernment and discipline (iii) stage of social welfare

C : (i) take choice seriously (ii) improve ethical decision (iii) discernment and discipline

D : (i) good decision are both ethical and effective (ii) take choice seriously (iii) ethical actions

6. Which process is used by a person (perceiver) to deal with conflicting messages, and conflicting data?

Options

A : Halo effect

B : The process of checking

C : Perceptual defence

D : The process of reacting

7. Assertion (A): The physiological needs are essential for living but they are determined by the social environment. Reason (R): These needs may be motivators in backward countries but in a developed country, these needs are supposed to be satisfied, hence, they may not be considered motivators.

Options

A : Assertion (A) and Reason (R), both are correct, but (R) is not right explanation of (A).

B : Assertion (A) and Reason (R), both are correct, and (R) is correct explanation of (A).

C : Assertion (A) is correct, whereas Reason (R) is incorrect.

D : Reason (R) is correct, whereas Assertion (A) is incorrect.

8. The basic emphasis of _________ theory of organizational design is on flat structure, decentralization and provision of informal organization.

Options

A : Neo-classical theory

B : Modern theory of systems approach

C : Matrix organisation theory

D : Classical theory

9. The result variables as the component of a mathematical model for measuring the system’s effectiveness and efficiency in management science include _____.

Options

A : Measures of performance

B : Measures of effectiveness

C : Payoffs and outcomes

D : All the above

10. Assertion (A): Reinforcement plays a central role in the learning process. Reason (R): Reinforcement strengthens the response preceding it and induces repetitions of the response.

Options

A : Both (A) and (R) are correct.

B : (A) is correct and (R) is the right explanation of (A).

C : (A) is correct but (R) is incorrect.

D : Both (A) and (R) are incorrect.

11. Most job descriptions contain sections that cover –

Options

A : Responsibilities and duties

B : Job summary

C : Working conditions

D : All of the above

12. Match the items of List–I with the items of List–II. The items relate to the evaluation and follow-up of the training process.

Options

A : (a) (b) (c) (d) 3   2   1   4

B : (a) (b) (c) (d) 4   3   1   2

C : (a) (b) (c) (d) 4   1   3   2

D : (a) (b) (c) (d) 4   1   3   2

13. Which one of the following processes allows top management to diagnose the management styles of supervisors, identify potential, employee problems, and take corrective action with individual supervisors as necessary?

Options

A : MBO

B : Strategic performance appraisal

C : Organization Development

D : Upward feedback

14. Statement–I: Incompetency or skill-based pay, employees are paid for the range, depth and types of skills and knowledge they are capable of using rather than for the job they currently hold. Statement–II: Broadbanding results in an increase in salary grades and ranges from 3 or 5 to 10 or more.

Options

A : Only Statement–I is correct.

B : Only Statement–II is correct.

C : Both Statements–I and II are correct.

D : Both Statements–I and II are incorrect.

15. Which one of the following is not a labour law related to wages?

Options

A : The Workmen’s Compensation Act, 1923

B : The Payment of Bonus Act, 1965

C : The Payment of Wages Act, 1936

D : The Minimum Wages Act, 1948

16. Match the items of List–I with the items of List–II :

Options

A : (a) (b) (c) (d) 4   3   2   1

B : (a) (b) (c) (d) 3   1   4   2

C : (a) (b) (c) (d) 3   4   1   2

D : (a) (b) (c) (d) 4   1   2   3

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