1. When Average cost (AC) is
at its minimum, then :
(A) Marginal cost is equal
to Average cost (B) Marginal
cost is less than Average cost
(C) Marginal cost
is more
than Average cost (D)
None of
the above
2. Output under
price discrimination will :
(A) Generally be
larger than under
simple Monopoly
(B) Be
indeterminate because, we can not
know what prices can be charged
(C) Usually be the same as
under perfect competition
(D) Be produced at higher
average cost than under simple
monopoly
3. The term
opportunity cost refers to :
(A) cost related to an
optimum level of production (B) variable
cost
(C) short - run cost (D) cost of one product in terms of production of
others forgone
4. When marginal
propensity to consumption (MPC) is one, then multiplier value (K)
is :
(A) zero (B)
one (C) infinity (D) none of the above
5. Monopolist
can decide :
(A) price (B)
quantity (C) both (D) either price or quantity
6. Sometimes your behavior results in
a congruent response
from other person. Such behavior is referred to as
:
(A) perceptual defense (B)
perceptual bias (C) misperception (D) response evocation
7. The change related
phenomenon resisted by the organizations
in order to maintain an equilibrium, is
known as :
(A) Conformity to
norms (B) Insecurity
and regression (C) Homoeostasis (D)
Self-distrust
8. The view that the
conflict should be
accepted and encouraged,
corresponds to which of the
following views :
(A) Traditional view (B) Interactionist view (C)
Behavioural view (D) Both (A) and
(C) above
9. A creativity technique based on the
fitting together of diverse elements
principle for the generation of
alternative solutions is referred to as :
(A) Synectics (B)
Brain -
Storming (C) Nominal grouping (D) Creative Thinking
10. The concept of task oriented and
people oriented leadership
was developed by :
(A) John Berry (B) Maxwell (C) Blake and
Mouton (D) Hertzberg
11. A broad statement
of the purpose, duties and responsibilities of
a job or position, may be referred to as :
(A) Job Analysis (B) Task
Analysis (C) Job Description (D)
Job Specification
12. The term BARS stands for
:
(A) Behavioural
Abnormality Rating Scales (B)
Behavioural Abnormality Response
Scales
(C) Behaviourally
Anchored Response Scales (D)
Behaviourally Anchored Rating
Scales
13. The art of judging, character of
a person from appearance specially
the face, based on the
assumption that face is an
index of mind, is known
as :
(A) Graphology (B)
Physiognomy (C) Phrenology (D) None of the above
14. The wage which
has to be
paid by an
employer to his
workers, irrespective of his
ability, is known as :
(A) Living wage (B)
Fair wage (C) Minimum wage (D)
None of the above
15. Which of the
following machineries have
been provided by
The Industrial Disputes Act
for settlement of disputes between the
employee and the employer ?
(A) Conciliation (B)
Arbitration (C) Adjudication (D) All of the above
16. Leaders who rely forever on the same internal advisers
run the risk of being betrayed due to:
(A) Lack of trust (B)
Improper distance from authority
(C) Closer leader-adviser relationship (D) Lack of impartiality of the opinion
17. A Ltd. has beta (b) of 1.25. The risk
free rate of
return is 0.08
and Rm50.15. Share price is Rs. 30. The expected return is :
(A) 1 0% (B) 8% (C) 15%
(D) 16.75%
18. In financial
evaluation of a acquisition, the value
of merger focusses on :
(A) corporate value (B) stakeholder value (C)
shareholder value (D) none of the above
19. Interest is paid
on a deep
discount bond :
(A) Monthly (B) Half yearly (C)
Annually (D) At the end of life of bond
20. Liberal credit
policy may enhance the
sales but will lead to :
(A) faster collection
(B) higher turnover (C) increase in bad debts (D)
none of the above
21. The term
marketing may be described as
the performance of business
activities that :
(A) gives profit to the
organisation (B)
directs flow of goods from producer to consumer
(C) directs selling (D)
aims at
satisfying the consumers
22. In
Marketing Myopia the tendency of firms is to
take a :
(A) broad view of the
market (B)
narrow view of the
market
(C) narrow view of MIS
(D)
broad view of MIS
23. Marketers can
do on-line marketing
by creating an
electronic presence on :
(A) the
internet, placing ads
on-line (B)
participating in forums,
newsgroups, web communities
(C) using
webcasting and e-mail (D) all of the
above
24. Green marketing
principles relates to :
(A) Agriculture
marketing (B)
Preservation of environment
(C) Social
marketing environment (D) Organic
product marketing
25. Which one of the following is not coming under principles of personal selling :
(A) Prospecting (B)
Presentation and demonstration
(C) Promoting (D)
Follow-up and maintenance
26. In L.P.P. a basic
solution is called Degenerate if :
(A) None of the
variables vanish (B) All
basic variables have
infinite values
(C) L.P.P. has a finite no.
of solution (D) One or
more of
the basic variables vanish
27. In Queuing
theory M/M/1/:/FIFO stands for
:
(A) Multiple
channel, Multiple criteria,
single line, infinite
population, first in
first out
(B) Multiple
arrivals, Multiple channels, single distribution infinite population
, first in first out
(C) Multiple single channel, Poisson arrivals, exponential
service, infinite queue length, first in first
out
(D) Poisson arrivals, exponential service, single channel,
infinite queue length, first in first out
28. In North -West corner rule for solving
a transportation problem :
(A) the first assignment
is made in the cell occupying the lower left - hand corner
of the transportation table
(B) the last assignment
is made in
the cell occupying
the upper left
hand corner of the
transportation table
(C) the last
assignment is made
in the cell occupying
the lower right hand corner of the
transportation table
(D) the first
assignment is made in the cell
occupying the upper left - hand
corner of the transportation table
29. The main
advantage of the Delphi technique over other judgemental forecasting technique is :
(A) The opinion
of others are not
allowed to influence individual experts
(B) It requires
that a consensus
be reached
(C) It is based
on the majority decision
(D) For this less information is required
30. The Pessimistic Time Estimate is :
(A) Maximum
possible time it
could take to accomplish
the job
(B) Minimum possible time it could take to accomplish the job
(C) The total time
estimate of the
critical path
(D) None of the above
31. If a random
variable X follows
Poisson distribution such
that p( x =1)=p( x =2) then the
mean of the distribution is :
(A) 1 (B)
2 (C) 3 (D) 4
32. If r12 =0.86, r13 =0.65,
r23 =0.72 then r123 is
:
(A) 0.743 (B)
0.529 (C) 0.65 (D) 0.86
33. A and B are two events. The probability that at most one
of A, B occurs is :
(A) 1-P(A ∩ B) (B) P(A’) + P(B') + P(A'
∩B')
(C) P(A’) + P(B') + P(A U B) (D) P(A ∩B') + P(A' ∩B) - P(A' ∩B') '
34. (x1)^2 and (x2)^2 are independently distributed with n1
and n2 d. f. then [(x1)^2 / n1]/ [(x2)^2 / n2] is distributed as
(A) F - distribution (B)
t -
distribution (C) normally distribution
(D) X^2 - distribution
35. For an estimator to be
most efficient it must be :
(A) a sufficient estimator
(B) its sampling variance is less then
any other consistent estimator
(C) its sampling variance
is greater then any other consistent estimator
(D) both (A) and
(B)
36. A company is
said to
be multinational, if :
(A) Production
and marketing are
done in many countries
(B) Domestically produced items are sold globally
(C) Raw
materials are procured
from many countries
(D) Workers are hired globally
37. Ansoff s growth vector refers to :
(A) Generic strategies
(B) Product - market
strategies
(C) Both of the above (D)
None of the above
38. Five forces model was developed by :
(A) Alderfer (B)
Maslow (C) Porter (D) Elton
Mayo
39. Global Depository
Receipt is an instrument for :
(A) Foreign Direct Investment (B)
Foreign Institutional Investment
(C) Public Bonds (D)
None of the above
40. TRIP covers the
aspects related to :
(A) Patents (B)
Trade in
services (C) Globalization of
business (D) Labour practices
41. Small scale
Industry is defined in terms of :
(A) Volume of
production (B) Number of
employees
(C) Amount of investment
in plant and
machinery (D) Sales turnover
42. If each one of the partners of a firm pulls out of a
business and decides to separate, it is called
:
(A) Dissolution
of partnership (B) Dissolution of the firm
(C) Lockout of the firm (D)
Bankruptcy of the firm
43. Overdraft is a
short - term finance measure to :
(A) Pay taxes (B)
Repay loan
(C) Purchase
plant and equipment (D)
meet working capital requirement
44. Rural
infrastructure development
fund is provided by :
(A) NABARD (B)
SIDBI
(C) ICICI (D)
Nationalized Banks
45. Which of the following is a measure taken for
revival of sick SSI
:
(A) Margin money scheme (B)
Reservation of items
(C) Export promotion (D) Tax holiday
46. Ecology Paradigm
of management refers
to :
(A) environmental
management (B)
Strategic choice framework
(C) Stockholders
management (D)
none of the above
47. Strategising
within value framework
is an approach of :
(A) Governance (B) Management
(C) Administration (D) None of the above
48. Economic value added
is the measure of :
(A) Shareholders
wealth (B) Strategy evaluation
(C) Stake holders (D) None of the
above
49. Egalitarian behaviour
refers to :
(A) natural behaviour
(B) moral behaviour
(C) ethical
behaviour wealth (D) social behaviour
50. Organisation value
refers to :
(A) individual belief (B)
Group belief
(C) Corporate
believes and ethos (D) None of the above
ANSWER KEY DECEMBER 2004
1
|
A
|
11
|
C
|
21
|
D
|
31
|
41
|
C
|
|||||
2
|
B
|
12
|
D
|
22
|
B
|
32
|
42
|
B
|
|||||
3
|
D
|
13
|
B
|
23
|
D
|
33
|
43
|
D
|
|||||
4
|
C
|
14
|
B
|
24
|
B
|
34
|
44
|
A
|
|||||
5
|
C
|
15
|
D
|
25
|
C
|
35
|
45
|
D
|
|||||
6
|
C
|
16
|
A
|
26
|
D
|
36
|
A
|
46
|
A
|
||||
7
|
C
|
17
|
A
|
27
|
D
|
37
|
B
|
47
|
A
|
||||
8
|
B
|
18
|
C
|
28
|
B
|
38
|
C
|
48
|
A
|
||||
9
|
A
|
19
|
D
|
29
|
B
|
39
|
C
|
49
|
D
|
||||
10
|
C
|
20
|
C
|
30
|
A
|
40
|
A
|
50
|
C
|
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