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UGC NET Management November 2017 Online Exam Quiz

Important questions about UGC NET Management November 2017. UGC NET Management November 2017 MCQ questions with answers. UGC NET Management November 2017 exam questions and answers for students and interviews.

1. Managerial economics is concerned with which combination of the following?

Options

A : (a), (b) and (c)

B : (b), (c) and (d)

C : (a), (b) and (d)

D : (a), (c) and (d)

2. When P 0 and P 1 and Q 0 and Q1 denote before and after a change in the price and quantity respectively and in both the situations, total outlay remains the same, which of the following formulae give the similar value of the arc price-elasticity of demand?

Options

A : (b), (c) and (e)

B : (a), (b) and (e)

C : (a), (c) and (e)

D : (b), (c) and (d)

3. In case the producer’s equilibrium shifts to a higher isoquant due to decrease in price of an input, the curve combining the successive equilibrium positions is known as :

Options

A : Product Possibility Curve

B : Price Factor Curve

C : Expansion Path

D : Product Line

4. Which one of the following statements is not correct?

Options

A : Marginal cost declines at a faster rate as compared to the average cost.

B : The marginal cost rises at a faster rate as compared to the average cost.

C : Marginal cost equals average cost where the average cost is minimum.

D : Average cost equals marginal cost where marginal cost is minimum.

5. Cost - Plus pricing is not suitable for:

Options

A : Product Tailoring

B : Profit Maximising

C : Monopsony Pricing

D : Public Utility Pricing

46. Assertion (A): Decisions in small matters largely tend to set a pattern for the more important ones you may make as managers. Reasoning (R): A multi-industry survey conducted in the USA indicated that 40% of the managers said that their superiors had at some time told them to do certain things unethical.

Options

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

B : (A) is correct whereas (R) is incorrect.

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

D : (A) and (R) both are correct but (R) is not the correct explanation of (A).

47. The deontological theory of ethics is concerned with which of the following? (a) Duty ethics (b) Obligation ethics (c) Rule-based ethics (d) Classical ethics

Options

A : (a) and (b)

B : (a) and (c)

C : (a) and (d)

D : (a), (b) and (c)

48. The utilitarianism theory of ethics refers to which one of the following?

Options

A : Welfare

B : Duty

C : Obligation

D : Rules

7. The achievement of goals with the least amount of resources is :

Options

A : Effectiveness

B : Efficiency

C : Productivity

D : Both (A) and (B)

8. Which one of the following is the fundamental rethinking and radical redesign of business processes to achieve improvements in performance?

Options

A : Reengineering

B : Reorganising

C : Revisiting

D : Rescheduling

10. Which one of the following is not a ‘hygiene factor’ of Herzberg’s Two Factor theory?

Options

A : Interpersonal relations

B : Working conditions

C : Responsibility

D : Job security

11. Assertion (A): Promotion is a move within the organization to a higher position that has greater responsibilities and requires more advanced skills. Reasoning (R): Promotion may not involve a raise in status but a hike in salary is a must.

Options

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

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

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

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

13. Which one of the following is a facility to file anonymous complaints?

Options

A : Juke Box

B : Wide Box

C : Gripe Box

D : Hard Box

14. Which of the following is/are not gainsharing plan(s)? (a) Scanlon Plan (b) Rucker Plan (c) Employee Stock Option Plan (d) Improshare Plan

Options

A : (c) only

B : (d) only

C : Both (c) and (d)

D : (b), (c) and (d)

15. In which one of the following methods ofperformance appraisal, predetermined percentages of rates are placed in various performance categories?

Options

A : Alternation Ranking Method

B : Forced Distribution Method

C : Paired Comparison Method

D : Check-list Method

16. Indicate the correct code for the combination from the following regarding the superiority of the wealth maximization over the profit maximization objective of the financial management : (a) It takes into account long term stability and survival of the firm. (b) It takes care of all other objectives of the firm like exploring and expanding markets, etc. (c) It is based on the assumption of perfect competition in the market. (d) It considers risk alongwith returns.

Options

A : (a), (b), (c) and (d)

B : (b), (c) and (d)

C : (a), (b) and (d)

D : (a), (c) and (d)

17. The controller function of the financial management concerns with :

Options

A : advertising the public issue of the firm

B : negotiating with banks for loans

C : analyzing variance between standard costs and actual costs

D : estimating the future cash flows from certain project

18. Capital Asset Pricing Model (CAPM) for risk measurement has been given by :

Options

A : Sharpe and Lintner

B : Lintner and Treynor

C : Sharpe, Lintner and Treynor

D : Lintner, Modigliani and Miller

19. Beta (β) is a measure of :

Options

A : Systematic Risk

B : Unsystematic Risk

C : Total Risk

D : Business Risk

20. Capital budgeting is concerned with :

Options

A : Arranging cash resources for the project.

B : Managing the working capital of the firm.

C : Managing the fixed assets through repairs and renewals.

D : Evaluating the returns and investment in Dprojects.

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