M. PHIL DEGREEBISHOP HEBER COLLEGE (AUTONOMOUS),Tiruchirappalli 620 017
ENTRANCE TEST 2011
Duration: 45 minutesMarks: 25Answer ALL QuestionsUse tick (
) mark to answer multiple choice questions1.
Commerce consists of Trade and _____________to trade.2.
In___________ market, the price of a commodity is determined by the interaction of demand andsupply forces.3.
When production increases, cost per unit comes down. This is called____________ of scale in theworld of economics.4.
When authority flows from top to bottom in an organization, such structures are called__________organizations.5.
The marketing mix consists of product, price, promotion and _________________ distribution.6.
If one trader rules the market by determining the prices and supply size, the market is said to be ____________ market.7.
The ownership is separated from management in any organization. This is based on _________ _ ___________concept.8.
When two aspects of a transaction are recorded in a book, it is based on ____________ aspectconcept in accounting discipline.9.
If cash transactions are alone recorded in the books, the system is said to be ____________ entrysystem.10.
The median in statistics is perceived to be;a.
A value occurred most frequentlyc.
The most central point of the datad.
None of the above11.
The Skewness is called so, becausea.
The average of the data is very highb.
The standard deviation is Zero