UGC NET 2015 Dec Commerce Paper 2
Q. 1 environmental degeneration does not consist of:
A. land degeneration and soil erodion
B. problem of over grazing and ecological degeneration
C. floods
D. none of the above
Q. 2 which of the following is not the main objective of “fiscal policy of India”?
A. to increase liquidity in economy
B. to promote price stability
C. to minimize the in equality in income and wealth
D. to promote employment opportunities
Q. 3 liberalization means:
A. reducing number of reserved industries from 17 to 8
B. liberating the industry, trade and economy from unwanted restriction
C. opening up economy to the world by attaining international competetiveness
D. free determination of interest rate
Q. 4 Assertion(A): Industrilization of an economy is considered synonymous with growth.
Reason(R): the transfer of resources from agrarian to industrial may be capital or labour or both
A. both (A) and (R) is correct explanation of (A)
B. both (A) and (R) is not correct explanation of (A)
C. (A) is true but (R) is false
D. (A) is false but (R) is true
Q. 5 globalization is the term used to describe process of removal of restriction on which one of the following?
A. foreign trade
B. investment
C. both (1) and (2)
D. none of the above
Q. 6 interest on loan for the purchase of fixed assets is a:
A. revenue expenditure
B. capital expenditure
C. deferred revenue expenditure
D. capital loss
Q. 7 dual aspect concept results in the following accounting equation:
A. revenue = expenses
B. capital + profits = assets + expenses
C. capital + liabilities = assets
D. capital + drawings = owners equity
Q. 8 match the following items in column -I with the items in column – II
A. 1
B. 2
C. 3
D. 4
Q. 9 ‘X’ Ltd. has a liquid ratio of 2:1. If its stock is Rs. 40,000 and its current liabilities are of Rs. 1 lac , its current ratio will be :
A. 1.4 times
B. 2.4 times
C. 1.2 times
D. 3.4 times
Q. 10 The marshallian utility analysis is based on a less valid assumption of :
A. cardinal measurability of the utility
B. given marginal utility of money
C. diminishing marginal utility of the goods
D. additivity of the utility
Q. 11 match the items of the list-I with those of the list-II and indicate the correct code
A. 1
B. 2
C. 3
D. 4
Q. 12 firms producing and selling a large variety of goods will generally follow:
A. cost plus pricing
B. marginal pricing
C. skimming pricing
D. product line pricing
Q. 13 for the following two statements of assertion(A) and reasoning (R) indicate the correct code assertion(A): all firms under perfect competition in long run earn only run earn only normal profit.
Reasoning(R): all firms under perfect competition in long run operate at the minimum average cost level.
A. (A) and (R) both are correct
B. (A) is correct but (R) is not correct
C. (A) is not correct but (R) is correct
D. (A) and (R) both are incorrect
Q. 14 match the items list-I with those of list-II and indicate the correct code
A. 1
B. 2
C. 3
D. 4
Q. 15 match the items of list-I with those of list-II and indicate the correct code:
A. 1
B. 2
C. 3
D. 4
Q. 16 which of the following is not a method of studying association of attributes?
A. concurrent division method
B. proportion method
C. yule’s method
D. coefficient of contingency
Q. 17 identify which of the following steps would be included in hypothesis testing:
(a) state the null and alternative hypothesis
(b) set the significance level before the research study
(c) eliminate all outliers
(d) obtain the probability value using a computer program such as SPSS
(e) compare the probability value to the significance level and make the statistical desicions
A. (a),(c) and (d)
B. (c),(d) and (e)
C. (a),(b),(d) and (e)
D. (b),(c),(d) and (e)
Q. 18 select the methods of finding out correlation from the following
(a) karl pearsons method
(b) spearmans rank method
(c) coefficient of contingency
(d) concurrent deviation method
A. (a), (b) and (c)
B. (a),(b),(c) and (d)
C. (a),(b) and (e)
D. (c),(d) and (e)
Q. 19 A set of data can be distinguished from other set of data by means of :
A. central value and dispersion
B. central value, dispersion and skewness
C. central value, dispersion, skewness and kurtosis
D. none of the above
Q. 20 the advent of computers in research has led to:
A. limitations of options in analysis
B. tremendous amount of flexibility with marginal increase in cost
C. myopic exposure of statistics to the researcher
D. none of the above
Q. 21 who among the following is not related to the planing function given by Taylor?
A. route clerk
B. time and cost clerk
C. inspector
D. disciplinarian
Q. 22 match the following
A. 1
B. 2
C. 3
D. 4
Q. 23 The classical organisation theory treats organisation as a/an
A. open system
B. closed system
C. technical system
D. macro system
Q. 24 which of the following is a systematic interactive forecasting method that relies on a panel of experts ?
A. pay-off matrix
B. game theory
C. queing theory
D. delphi technique
Q. 25 according to hersey and blanchards situational approach to leadership, the participation style of leadership has:
A. high task and low relationship orientation
B. high task and high relationship orientation
C. low task and high relationship orientation
D. low task and low relationship orientation
Q. 26 which of the following is not a reason for the failure of new products?
A. good idea but overestimated market size
B. correctly positioned new product, not promoted effectively or overpriced.
C. development costs are lower than or equal to estimated or expected
D. competitors fight back harder than expected
Q. 27 which of the following is true for the calculation of overall market share?
A. (customer penetration) x (customer loyalty) x(price selectivity)
B. (customer selectivity) x (customer loyalty) x(price selectivity)
C. (customer selectivity) x (price selectivity) x (customer penetration)
D. (customer selectivity) x (price selectivity) x (customer penetration)x (customer loyalty)
Q. 28 ________is widely by a manufacturer that threatens to with draw a resource aor terminate a relationship if intermediaries fail to cooperate
A. coercive power
B. legitimate power
C. expert power
D. reference power
Q. 29 when the consumers favour those products which offer the most quality, performance or innovative features, then it is called as:
A. production concept
B. product concept
C. sales concept
D. marketing concept
Q. 30 match the items of list-I with list-II where the PLC curve patterns are given for different categories:
A. 1
B. 2
C. 3
D. 4
Q. 31 the term capital structure implies:
A. share capital + reserves + long term debts
B. share capital + long and short terms debts
C. share capital + long term debts
D. equity and preference share capital
Q. 32 a company has issued 10 percent percapital debt of Rs.1 lac at 5 percent premium. If tax rate is 30 percent, then the cost of the debt will be:
A. 10 percent
B. 15 percent
C. 6.66 percent
D. 8.21 percent
Q. 33 dividend is not relevant in determining the value of the company. who among the following held this opinion
A. j.E. Walter
B. ezra soloman
C. modigliani-miller
D. M.J.Gordon
Q. 34 The formula Q/2 is used to compute the
A. total ordering cost
B. total carrying cost
C. opportunity cost
D. re-order cost
Q. 35 financial leverage is measured by:
A. EBIT/EAT
B. EBIT/EBT
C. EAIT/EBT
D. C/EBIT
Q. 36 which of the following is a key role of HR manager as defined by Ulrich et al(2009)?
A. personal administor
B. business ally
C. payroll advisor
D. organisational geographer
Q. 37 which of the following is the most serious problem that might arise due to excessive reliance on internal recruitment?
A. reduced job performance
B. high labour turnover
C. lack of motivation
D. internal resistance
Q. 38 match the methods of performance appraisal given in list-I with the explanations given in the list-II
A. 1
B. 2
C. 3
D. 4
Q. 39 the internal factors affecting the wage mix include:
(a) relative worth of the job
(b) area wage rates
(c) employer’s ability
(d) manpower market conditions
A. (a),(b) and (c)
B. (a) and (c)
C. (b),(c) and (d)
D. all of the above
Q. 40 match the items list-I with the items of list-II
A. 1
B. 2
C. 3
D. 4
Q. 41 Assertion(A): taking of deposits and granting of loans single out banks.
Reasoning(R): banks acts as intermediates when they mobilize savings from surplus units to shortage units in order to finance productive activities.
A. (A) is correct and (R) is correct explanation of (A)
B. both (A) and (R) are correct but (R) is not the correct explanation of (A)
C. (A) is correct but (R) is incorrect
D. (R) is the correct but (A) is incorrect
Q. 42 skimming in e-banking refers to
A. identifying the fraudsters copying vital information from credit cards
B. multiple transactions by one credit card
C. conversion of a debit card into credit card
D. none of the above
Q. 43 match the items of list-I and with list-II in terms of functions of a bank.
A. 1
B. 2
C. 3
D. 4
Q. 44 which among the following is not a subsidiary of reserve bank of India?
(a) deposit insurance and credit gaurantee corporation of India.
(b) bharatiya reserve bank note mudran private limited
A. only (a)
B. only (b)
C. both (a) and (b)
D. neither (a) nor (b)
Q. 45 which among the following is not associated with NABARD?
A. (a) only
B. (b) only
C. (b) and (c) only
D. none of the above
Q. 46 examine the following statements and choose the correct code
statement I : companies with low cash reserves normally prefer licensing mode rather than foreign direct investment.
statement II: cash rich firms normally prefer foreign direct investment
A. both I and II are correct
B. both I and II are wrong
C. I is correct but II is wrong
D. I is not correct but II is correct
Q. 47 which one of the following is not a feature of business process outsourcing (BPO)?
A. it enables executives to concentrate on strategy
B. it improves process and saves money
C. it decreases organisational capabilities
D. none of the above
Q. 48 the major outcome of the bretton woods conference was
A. establishment of IMF and IFC
B. establishment of IBRD and IFC
C. establishment of IBRD and ADB
D. establishment of IMF and IBRD
Q. 49 which one of the following is an important activity of the world bank borrowings?
A. it borrows in the international capital market
B. it borrows on currency on swap agreements
C. it borrows under the discount net programme
D. all of the above
Q. 50 which one of the following statements is false?
A. IFC was established in july 1956
B. IFC encourages the growth and developement of public sector enterprises in member countries
C. IFC is an affiliate of the world bank
D. IFC encourages the growth of productive private enterprises in member countries
| Answer Sheet |
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| Question | 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 |
| Answer | D | A | B | B | C | B | C | A | B | D |
| Question | 11 | 12 | 13 | 14 | 15 | 16 | 17 | 18 | 19 | 20 |
| Answer | B | B | D | A | B | A | C | C | C | B |
| Question | 21 | 22 | 23 | 24 | 25 | 26 | 27 | 28 | 29 | 30 |
| Answer | C | B | B | D | C | C | D | A | B | D |
| Question | 31 | 32 | 33 | 34 | 35 | 36 | 37 | 38 | 39 | 40 |
| Answer | A | C | C | B | B | B | D | C | B | B |
| Question | 41 | 42 | 43 | 44 | 45 | 46 | 47 | 48 | 49 | 50 |
| Answer | A | A | C | D | D | A | C | D | D | B |