Management mqp (1), Exams of Management Fundamentals

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General Paper-I (MQP-1)

8. Formulation of hypothesis may not be required in : (A) Survey method (B) Historical studies (C) Experimental studies (D) Normative studies 9. Field-work based research is classified as : (A) Empirical (B) Historical (C) Experimental (D) Biographical 10. Which of the following sampling method is appropriate to study the prevalence of AIDS amongst male and female in India in 1976, 1986, 1996 and 2006? (A) Cluster sampling (B) Systematic sampling (C) Quota sampling (D) Stratified random sampling

Read the following passage and answer the questions 11 to 15 : The fundamental principle is that Article 14 forbids class legislation but permits reasonable classification for the purpose of legislation which classification must satisfy the twin tests of classification being founded on an intelligible differentia which distinguishes persons or things that are grouped together from those that are left out of the group and that differentia must have a rational nexus to the object sought to be achieved by the Statute in question. The thrust of Article 14 is that the citizen is entitled to equality before law and equal protection of laws. In the very nature of things the society being composed of unequals a welfare State will have to strive by both executive and legislative action to help the less fortunate in society to ameliorate their condition so that the social and economic inequality in the society may be bridged. This would necessitate a legislative application to a group of citizens otherwise unequal and amelioration of whole lot is the object of state affirmative action. In the absence of the doctrine of classification such legislation is likely to flounder on the bed rock of equality enshrined in Article 14. The Court realistically appraising the social and economic inequality and keeping in view the guidelines on which the State action must move as constitutionally laid down in Part IV of the Constitution evolved the doctrine of classification. The doctrine was evolved to sustain a legislation or State action designed to help weaker sections of the society or some such segments of the society in need of succor. Legislative and executive action may accordingly be sustained if it satisfies the twin tests of reasonable classification and the rational principle correlated to the object sought to be achieved. The concept of equality before the law does not involve the idea of absolute equality among human beings which is a physical impossibility. All that Article 14 guarantees is a similarity of treatment contra-distinguished from identical treatment. Equality before law means that among equals the law should be equal and should be equally administered and that the likes should be treated alike. Equality before the law does not mean that things which are different shall be as though they are the same. It of course means denial of any special privilege by reason of birth, creed or the like. The legislation as well as the executive government, while dealing with diverse problems arising out of an infinite variety of human relations must of necessity have the power of making special laws, to attain any particular object and to achieve that object it must have the power of selection or classification of persons and things upon which such laws are to operate.

11. Right to equality, one of the fundamental rights, is enunciated in the constitution under Part III, Article : (A) 12 (B) 13 (C) 14 (D) 15

General Paper-I (MQP-1)

12. The main thrust of Right to equality is that it permits : (A) class legislation (B) equality before law and equal protection under the law (C) absolute equality (D) special privilege by reason of birth 13. The social and economic inequality in the society can be bridged by : (A) executive and legislative action (B) universal suffrage (C) identical treatment (D) none of the above 14. The doctrine of classification is evolved to : (A) Help weaker sections of the society (B) Provide absolute equality (C) Provide identical treatment (D) None of the above 15. While dealing with diverse problems arising out of an infinite variety of human relations, the government : (A) must have the power of making special laws (B) must not have any power to make special laws (C) must have power to withdraw equal rights (D) none of the above 16. Communication with oneself is known as : (A) Group communication (B) Grapevine communication (C) Interpersonal communication (D) Intrapersonal communication 17. Which broadcasting system for TV is followed in India? (A) NTSE (B) PAL (C) SECAM (D) NTCS 18. All India Radio before 1936 was known as : (A) Indian Radio, Broadcasting (B) Broadcasting Service of India (C) Indian State Broadcasting Service (D) All India Broadcasting Service 19. The biggest news agency of India is : (A) PTI (B) UNI (C) NANAP (D) Samachar Bharati 20. Prasar Bharati was launched in the year : (A) 1995 (B) 1997 (C) 1999 (D) 2001

General Paper-I (MQP-1)

29. Deductive reasoning proceeds from : (A) general to particular (B) particular to general (C) one general conclusion to another general conclusion (D) one particular conclusion to another particular conclusion 30. AGARTALA is written in code as 14168171, the code for AGRA is : (A) 1641 (B) 1416 (C) 1441 (D) 1461 31. Which one of the following is the most comprehensive source of population data? (A) National Family Health Surveys (B) National Sample Surveys (C) Census (D) Demographic Health Surveys 32. Which one of the following principles is not applicable to sampling? (A) Sample units must be clearly defined (B) Sample units must be dependent on each other (C) Same units of sample should be used through the study (D) Sample units most be chosen in a systematic and objective manner 33. If January 1st, 2007 is Monday, what was the day on 1st January 1995? (A) Sunday (B) Monday (C) Friday (D) Saturday 34. Insert the missing number in the following series : 4 16 8 64? 256 (A) 16 (B) 24 (C) 21 (D) 20 35. If an article is sold for Rs. 178 at a loss of 11%; what would be its selling price in order to earn a profit of 11%? (A) Rs. 222.50 (B) Rs. 267 (C) Rs. 222 (D) Rs. 220 36. WYSIWYG - describes the display of a document on screen as it will actually print (A) What you state is what you set (B) What you see is what you get (C) What you save is what you get (D) What you suggest is what you get 37. Which of the following is not a Computer language? (A) PASCAL (B) UNIX (C) FORTRAN (D) COBOL

General Paper-I (MQP-1)

38. A key-board has at least : (A) 91 keys (B) 101 keys (C) 111 keys (D) 121 keys 39. An E-mail address is composed of (A) two parts (B) three parts (C) four parts (D) five parts 40. Corel Draw is a popular : (A) Illustration programme (B) Programming language (C) Text programme (D) None of the above 41. Human ear is most sensitive to noise in which of the following ranges : (A) 1 - 2 KHz (B) 100 - 500 Hz (C) 10 - 12 KHz (D) 13 - 16 KHz 42. Which one of the following units is used to measure intensity of noise? (A) decibel (B) Hz (C) Phon (D) Watts/m^2 43. If the population growth follows a logistic curve, the maximum sustainable yield : (A) is equal to half the carrying capacity (B) is equal to the carrying capacity (C) depends on growth rates (D) depends on the initial population 44. Chemical weathering of rock is largely dependent upon : (A) high temperature (B) strong wind action (C) heavy rainfall (D) glaciation 45. Structure of earthís system consists of the following : List-I List-II (Zone) (Chemical Character) (a) Atmosphere (i) Inert gases (b) Biosphere (ii) Salt, fresh water, snow and ice (c) Hydrosphere (iii) Organic substances, skeleton matter (d) Lithosphere (iv) Light silicates Codes : (a) (b) (c) (d) (A) (ii) (iii) (i) (iv) (B) (i) (iii) (ii) (iv) (C) (ii) (i) (iii) (iv) (D) (i) (i) (ii) (iv)

General Paper-I (MQP-1)

54. ISDN helps in communication of : (A) Sound codes (B) Visual codes (C) Written informations (D) All of the above 55. The complete education services are rendered through : (A) EDUSAT-2004 (B) INSAT-1-B (C) INSAT-1C (D) INSAT-1E 56. ëValueí is having equivalent Sanskrit term : (A) Isht (B) Est (C) Voluntary (Echchhik) (D) Interest (Ruchiatmak) 57. The four purusharthaís are : (A) Artha - Kama - Dharma - Moksha (B) Artha - Dharma - Kama - Moksha (C) Artha - Dharma - Karma - Marma (D) None of the above 58. Which one of the following method cannot develop values in children? (A) Role-playing method (B) Interview method (C) Lecture method (D) Identifying method 59. Which of the following is not a characteristic of Educational value? (A) Utility (B) Purposiveness (C) Adequacy (D) Reliability 60. Which one of the following is the most important quality of a good teacher? (A) Punctuality and sincerity (B) Content mastery (C) Content mastery and reactive (D) Content mastery and sociable

ANSWER KEYS

A C A D D D B B A D

C B A A A D B C A B

A C C C B A B C D D

C B D A C B B B A A

B A A C B D A D C A

B A A D A A A C D B

Management (MQP-1)

1. Which one is not the determining factor for price strategy formulation of a firm? (A) Channels of distribution (B) Consumer association (C) Age of product (D) Supply in market 2. Trade Mark is (A) a name, term, symbol or design which is intended to identify the goods and services of a seller (B) a brand that has been given legal protection (C) giving protection to the product and adding to its aesthetics and sales appeal (D) providing written information about the product 3. Which of the following are the principles of scientific management? (1) Development of a science of work (2) Differential piece rate plan (3) Standardisation of tools and equipments (4) Scientific selection of workmen (5) Cooperation between managers and workers Codes: (A) 1, 2 and 5 (B) 1, 4 and 5 (C) 2, 3 and 4 (D) 3, 4 and 5 4. The Purpose of Induction training is (A) To enable the trainee to overcome nervousness and get the best out of training (B) To familiarize the new entrants to the organisation with its objectives, rule and working conditions (C) To revive earlier learning in the minds of employee (D) None of the above 5. In a factory where the number of married women or widows employes was less than ..... or where the factory works for less than ....... days or where number of children kept in the creche was less than ........... in the previous year, the chief Inspector factories may grant exemption from the provision of creche. (A) 15, 180 days, 5 (B) 20, 240 days, 10 (C) 30, 240 days, 10 (D) Conditions not necessary

Note : This paper contains fifty (50) objective type questions, each question carries two (2) marks. Attempt all the questions.

Management

Model Question Paper-

Time : 1º hours Paper-II Maximum Marks : 100

Management (MQP-1)

14. Which one is not the pre-requisite of a perfect market? (A) Existence of large number of buyers and sellers in the market (B) Free flow of market information among the players (C) Free entry and free exit (D) Intervention of the government 15. The first auditor of a company may be appointed by the : (A) Board of Manager (B) Board of Directors (C) Shareholders (D) Central Government 16. Engaging in work behaviour and striving hard to perform well for the primary purpose of fulfilling oneís own satisfaction, pride and happiness is called (A) social motivation (B) intrinsic motivation (C) extrinsic motivation (D) esteem motivation 17. Selection process involves (A) framing and developing application blanks (B) checking of references (C) formulating interview techniques (D) All of the above 18. By an Amendment Act of 1987 in Factories Act 1947, who is to be appointed as an occupier (A) manager (B) general manager (C) human resource manager (D) board of directors 19. The gilt-edged market refers to the market for (A) Shares and debentures (B) Public limited company securities (C) Industrial securities (D) Govt and semi - govt securities 20. The schedule and sequence for visiting the outlets in any market is known as a ______ plan. (A) coverage (B) call (C) beat (D) visit 21. Conflicts between different levels of the same channel of distribution are referred to as (A) horizontal conflict (B) layer-based conficts (C) vertical conflict (D) parallel conflicts 22. Cost of holding inventory is shown by the figure

(A)

Cost

Workforce Size

O X

Y

(B)

Cost

Product Rates

O X

Y

Management (MQP-1)

(C)

Cost

New Inventory

O X

Y

(D) All of these

23. The quality of the MIS parameters is assured if (A) all the inputs are processed and controlled (B) all updating and corrections are completed before the data processing begins (C) inputs are subjected to validity checks (D) All of the above 24. Match the following List I List II (Level of Strategy) (Areas) a. Operational strategy 1. Plants b. Functional strategy 2. Personnel c. Business level strategy 3. SBU analysis d. Corporate strategy 4. Mission Codes : a b c d (A) 1 2 3 4 (B) 1 4 2 3 (C) 1 2 4 3 (D) 1 4 3 2 25. Which one is not the environmental issue? (A) Solid waste disposal (B) Falling moral values (C) Water pollution (D) Emission of gases in air 26. Within an international context, what are ëeconomies of scopeí synonymous with? (A) Buying components in a bulk (B) Reusing a resource from one business/country in additional businesses/countries (C) Decreased cost per unit of output (D) Any of the above 27. Personal income equals (A) NI-Undistributed corporate profit-Taxes-social security contributions (B) NI + Transfer payments + undistributed profits (C) NNP ñ Corporate taxes (D) NI ñ Transfer taxes

Management (MQP-1)

36. Correlation between price and demand is (A) Zero (B) Negative (C) Positive (D) None of the above 37. The matching stage corporate portfolio analysis includes (A) The BCG group (B) Strategic position and action evaluation matrix (C) The SWOT matrix (D) All of the above 38. Computer ìHardwareì refers to (A) All the equipments required for proper functioning of a programme (B) Punched cards, punched paper tape or magnetic tapes (C) Data required for immediate working (D) The end product of final information obtained from the computer 39. Key controllable factors in global marketing are (A) marketing activities and plans (B) government policy and legislation (C) social and technical changes (D) all of the above 40. Marginal utility theory was given by (A) Alfred Marshall (B) J.R Hicks (C) R.G.D Allen (D) Paul Sameulson 41. Preference Shareholders are - (A) Creditors of the company (B) Employee of the company (C) Trustee of the company (D) Owners of the company 42. The managers criticised the scientific theory of management as they thought that 1. Management is an art and there cannot be scientific principles 2. The rigid scientific methods will result in loss of their freedom in decision making 3. Workers were given undue importance Codes: (A) 1 and 2 (B) 1 and 3 (C) 2 and 3 (D) 1, 2 and 3 43. The rate of separation will be found as

(A)

Total wor ker s leaving per month Total pay  roll for a month (B)^

Total wor ker s leaving per month (^100) Average number of wor ker s

(C)

Total Pr oduction per month Total pay  roll for a month (D)^

Total number of employee Total wor ker s leaving per month

Management (MQP-1)

44. Post modernist ideas have impacted on our understanding of the role of rationality in workplaces by recognising (A) one type of rationality prevails (B) more than one type of rationality prevails in work organisations (C) that managementís type of rationality is the only true one to exist at work (D) employees must learn to respect managements version of rationality at work 45. Which of the following is not a money market instrument? (A) Commercial papers (B) Certificate of Deposit (C) Debentures (D) Treasury Bills 46. A ______ is a one time selling to price - oriented customers who are not contacted again (A) value-added selling (B) technical selling (C) transactional selling (D) team selling 47. ______ refers to an employment situation that is insufficient in some important way for the workers, relatives to a standard (A) Employment (B) Unemployment (C) Under Employment (D) None of the above 48. Identify the technique of setting work standards that uses recorded standard time data for each of the basis motions associated with performing a task and summing up them to deter mine the time required to perform the whole task. (A) Time study (B) Historical analysis (C) Standard Data (D) Predetermined Motion Time System 49. Job order cost system includes assigning the costs to the jobs passing through the plant and are accumulated by recording the basic job statistics on the (A) cost record (B) process card (C) job card (D) control card 50. International development Association administered by the ______ (A) EURO Bank (B) World Bank (C) United states organization (D) RBI

ANSWER KEYS

D A B B A D D A C C

B B B D B B D D D C

B D D A B B A C B B

A B C D D C D A A A

D D B B C C C D C B

Management (MQP-1)

8. Working capital is also called (A) Circulating Capital (B) Revolving Capital (C) Both (A) and (B) (D) None of the above 9. The choice from among the various alternative courses of action is known as (A) Evaluation (B) Implementation (C) Decision-Making (D) Follow-Up 10. ______ is a strategy of using a successful brand name to launch a new product in a new category. (A) Dual branding (B) Brand extension (C) Line extension (D) Multibranding 11. As per ëWeberí theory, one more factor has influenced the selection of a right facility location for setting up production unit. This is (A) direct cost (B) climate (C) labour cost (D) profit 12. In the field of management some of the important techniques that relate to budgeting cost accounting. Planning and control are through (A) Budgetary control (B) Financial administration (C) Operation research (D) PERT and CPM 13. Match the following List I List II (Concepts) (Examples) a. Inbound Logistics 1. Import b. Procurement 2. Raw-material c. Operations 3. Scheduling d. HRM 4. Recruitment Codes : a b c d (A) 1 3 4 2 (B) 1 2 3 4 (C) 4 3 2 1 (D) 4 2 1 3 14. In an electronic computer the device used to transform the information from common language into machine language is (A) Key punch (B) Interpreter Unit (C) Input device (D) Arithmetic unit 15. G.MacDoullís empirical results can be interpreted as (A) evidence against the classical model (B) evidence against the Heckscher-Ohlin model (C) support for the Ricardian model (D) support for the Heckscher-Ohlin model

Management (MQP-1)

16. The job of finance manager is confined to (A) Effective utilisation of funds (B) Raising of funds (C) Management of cash (D) All of the above 17. Security Premium account can be used for - (A) Payment of dividend (B) Payment of Liabilities (C) Redemption of debentures (D) Writing off preliminary expenses 18. Arrange the following communication process in the proper order 1. Message 2. Receiver 3. Encoder 4. Channel 5. Decoder Codes: (A) 3,1,2,4 and 5 (B) 3,1,4,5 and 2 (C) 1,3,4,2 and 5 (D) 1,3,2,5 and 4 19. Situation where management is unable to provide employment due to non-availability of work is called (A) lock-out (B) lay-off (C) strike (D) bandh 20. The resource based view of the firm is one that believes the key human resources are (A) those employees not members to trade unions (B) knowledge workers (C) used to create new capabilities that help achieve (D) those willing to work overtime 21. If the coefficient of correlation between x and y is 0.4, the variance between them is 0.8 and standard deviation of y is 0.2, the variance of x would be (A) 0.01 (B) 0. (C) 10 (D) 100 22. An attitude is a (A) mental and neutral state of readiness to respond, which is organised through experience and exerts a directive or dynamic influence on behaviour. (B) an understanding of the processes described above is critical to the study of new product development. (C) a major change occurs as buyerís experiences buildup. (D) the study of customers buying behaviour 23. _________ are discussion groups located on commercial websites that link users to libraries, directories or chat rooms. (A) Web Communities (B) Forums (C) News groups (D) Web Casting 24. A period report can be used to (A) Identify solution (B) Identify the problem (C) evaluate solution (D) Select Solution