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1 P.T.O.

J1709
Time : 1 hours] [Maximum Marks : 100
Signature and Name of Invigilator
1. (Signature)
(Name)
2. (Signature)
(Name)
Roll No.
(In words)
Test Booklet No.
Roll No.
(In figures as per admission card)
PAPERII
MANAGEMENT
J1 7 0 9
Number of Pages in this Booklet : 16 Number of Questions in this Booklet : 50
Instructions for the Candidates
1. Write your roll number in the space provided on the top of
this page.
2. This paper consists of fifty multiple-choice type of questions.
3. At the commencement of examination, the question booklet
will be given to you. In the first 5 minutes, you are
requested to open the booklet and compulsorily examine it
as below :
(i) To have access to the Question Booklet, tear off the
paper seal on the edge of this cover page. Do not
accept a booklet without sticker-seal and do not accept
an open booklet.
(ii) Tally the number of pages and number of questions
in the booklet with the information printed on the
cover page. Faulty booklets due to pages/questions
missing or duplicate or not in serial order or any
other discrepancy should be got replaced immediately
by a correct booklet from the invigilator within the
period of 5 minutes. Afterwards, neither the question
booklet will be replaced nor any extra time will be
given.
(iii) After this verification is over, the Test Booklet Number
should be entered in the OMR Sheet and the
OMR Sheet Number should be entered on this Test
Booklet.
4. Each item has four alternative responses marked (A), (B),
(C) and (D). You have to darken the oval as indicated
below on the correct response against each item.
Example : A B C D
where (C) is the correct response.
5. Your responses to the items are to be indicated in the Answer
Sheet given inside the Paper I booklet only. If you mark
at any place other than in the ovals in the Answer Sheet, it
will not be evaluated.
6. Read instructions given inside carefully.
7. Rough Work is to be done in the end of this booklet.
8. If you write your name or put any mark on any part of the
test booklet, except for the space allotted for the relevant
entries, which may disclose your identity, you will render
yourself liable to disqualification.
9. You have to return the test question booklet and OMR
Answer Sheet to the invigilators at the end of the
examination compulsorily and must not carry it with you
outside the Examination Hall.
10. Use only Blue/Black Ball point pen.
11. Use of any calculator or log table etc., is prohibited.
12. There is NO negative marking.
trrfr f fr
1. z l- i i i - ll
2. : i -i l-i
3. iii i-= i , l-i ii i ii i- l
ii l-i i -i -i l-ll- i- l l
i li i- ii i
(i) l-i i l - i i i
i i +i i : i li ii i l-i
ii
(ii) frrr -ftar ar r t
=r r -t a f rr ftar
f / r r rr r n r r tf r
ra ft t r t rfr ftar ttr ar
st s r s tr t t -ftar
; f rr r f f rn s r
ar rt -ftar r t rnt t rr
faf+ fr rnr
(iii) : i- i l-i i + i OMR i
l- OMR i i +i : l-i
l-
4. l -i --i l- (A), (B), (C) -i (D) l
ii i --i ii-i i = ii i i l i-
lii i
srr A B C D
l (C) i --i
5. i --i r I - f n --ii i l-
l i --i i l ii-i ii li -
i --i l--il- - , -i -i -i i ii
6. - l lii i i
7. -ii i (Rough Work) : l-i l-- z
8. l i --il-i i i i i i: =i lii l ii
-i i , li =i =i ii- i l- - -i iii
l i iil- l i
9. ii iii i i l-i OMR --ii lii
i i ii i iii il i - i
iii = i i
10. t / r r tr; r t ;tar
11. ft t r r nr ( r rn rf r
rn fa
12. na s-r f t r rn
OMR Sheet No. : ......................................................
(To be filled by the Candidate)
2 J1709
MANAGEMENT
PAPERII
Note : This paper contains fifty (50) multiple-choice questions, each question carrying
two (2) marks. Attempt all of them.
1. Price elasticity of demand is best defined as :
(A) The change in the tastes of consumers at different prices
(B) The rate of response of demand to a change in supply
(C) The rate of response of demand to a change in price
(D) The rate of change of demand to a change in price
2. Giffen goods are those goods :
(A) For which demand increases as price increases
(B) Which are in short supply
(C) Which have high income elasticity of demand
(D) Which give rise to a decrease in demand
3. The situation where the market consists of only two buyers, then it is called :
(A) Monopsony
(B) Duopsony
(C) Monopoly
(D) Duopoly
4. In India, which method is used to measure National Income in service sector ?
(A) Expenditure method (B) Income method
(C) Out put method (D) Value added method
5. Short run cost curves are influenced by :
(A) Principles of return to scale (B) Economies of scale
(C) Law of variable proportion (D) Diseconomies of scale
6. The term opportunity cost refers to :
(A) Variable cost
(B) Short run cost
(C) Cost of one product in terms of production of others forgone
(D) Cost related to an optimum level of production
3 P.T.O. J1709
MANAGEMENT
rII
r : i r (50) l-i r (2) t i --i
il
1. i - -i i i-i l=il- li i -i
(A) ll=i -i -=i+ii i l- l-
(B) i i il- l- i i i i ii l-l+i
(C) - l- i i i ii l-l+i
(D) - l- i i i l-
2. l++ -=i+i -, -
(A) l i - -i i =i i-i
(B) li il-
(C) li i i i i- l
(D) l i i i-i
3. li i.i li - i i ii i -i - lll- i -
(A) +i
(B) l,+i
(C) ilil
(D) iii
4. =i- , i ii iri i i i i ll i i
(A) - ll (B) i ll
(C) lii ll (D) - lz ll
5. -ii - + i =il- i-i
(A) i l-- lizi-- (B) i i l--i
(C) - i- i l (D) i i l-i--i
6. i i- i ii
(A) - i-
(B) -ii i-
(C) - -i -i i- i i- , -i i i-
(D) -i l- - -l- i-
4 J1709
7. Which of the following is not one of the ego states of transactional analysis :
(A) Child (B) Young
(C) Adult (D) Parents
8. Where anchors are illustrations that help to define as superior, average or below average,
the behaviour of the employee, the rating scale is known as :
(A) Behavioural expectation scale (B) Behavioural observation scale
(C) Forced choice description (D) Grading scale
9. In the decision tree model of vroom and yetton the style when the leader shares the
problem with subordinates as a group, obtains collective ideas, and then makes the
decision is identified as :
(A) A I (B) A I I (C) C I (D) C I I
10. Leaders who provide individualised consideration and intellectual stimulation and who
possess charisma is known as :
(A) Transactional Leaders (B) Transformational Leaders
(C) Situational Leaders (D) Visionary Leaders
11. The drive to become what one is capable of becoming is :
(A) Self-Awareness (B) Self-Actualisation
(C) Self-Efficiency (D) Self-Esteem
12. Which of the following is not one of the career anchors :
(A) Managerial competence (B) Technical - functional competence
(C) Personal competence (D) Security
13. Theory Z has been propounded by :
(A) Mc Gregor (B) Ouchi
(C) Maslow (D) Skinner
14. Which of the following is not within the scope of Adjudication ?
(A) Conciliation (B) Labour Court
(C) Industrial Tribunal (D) National Tribunal
5 P.T.O. J1709
7. l-ll- i i zi li i i i i
(A) i (B) i (C) i (D) i-il-i
8. i -ii i -ii -r, i- i i- i i l=il-
i i-i , - il lii i i i
(A) il- i ii (B) ii i ii
(C) i- - i (D) ili ii
9. i lii i i i ii l li i i ii
--i -i , il l-ii i i -i i l li -i , : -
(A) A I (B) A I I (C) C I (D) C I I
10. i i l+ i i ilz -ii -i i l li
(A) zi i (B) ii -i
(C) lll-i -i (D) ii -i
11. li l+ i i-i i i ii
(A) ----i (B) i-lii
(C) i-i (D) -i
12. : i i -i i
(A) i i-i (B) -iiii i-i
(C) l+- i-i (D) ii
13. lizi- l ,ii li i
(A) + (B) i--i (C) i (D) l
14. : i -ii ii i
(A) i (B) >i -ii
(C) iil i: (D) iri i:
6 J1709
15. Outplacement services are provided to employees who have been :
(A) Dismissed (B) Rendered surplus
(C) Retired (D) Given voluntary retirement
16. What notice period is required for going on strike/lockout in public utility services ?
(A) One week (B) Three weeks
(C) Six weeks (D) Nine weeks
17. Modifying methods of performing a job to reduce the levels of skill or skills demanded
is known as :
(A) Multi - tasking (B) De - skilling
(C) Multi - skilling (D) None of these
18. The computation of NPV is based on the assumption that :
(A) cashflows for each year remains constant
(B) net present value can never be less than zero
(C) intermediate cash flows are being reinvested at the discount factor
(D) discount factor should remain constant throughout the life of the project
19. For determination of cost of equity the formula used is :
(A) Rate of interest (1 t)
(B) Rate of dividend (1 t)
(C) Rate of Dividend (Face value Issue Price)/n
(D)
g
P
D
0
1
1
20. According to MM - Approach proposition - I, value of firm is :
(A) independent of capital structure
(B) dependent on capital structure
(C) dependent on tax-rate of the enterprise
(D) dependent on risk of the enterprise
21. A stable dividend policy indicates :
(A) Stable earning/price ratio (B) Stable price/earning ratio
(C) Stable pay-out ratio (D) Stable earning per share
22. The vertical merger represents merger of firms engaged in :
(A) The same line of business
(B) Different stages of production in an industry
(C) Unrelated lines of business
(D) All of the above
7 P.T.O. J1709
15. i- - i - -ili i i i-i l-
(A) i- li i i (B) l-l+ iil- li i i
(C) il-i i i i (D) l- ill-i i i i
16. il -il-i ii -i/-iii l l- li i -i i i
(A) i (B) -i i (C) --i (D) i i
17. l i-i -i i ii i l i-ii i l l i i i ii i -
(A) ll=i ii-i (B) ill
(C) i-i (D) : i: i
18. .i.i. i ii : iii iil- l
(A) ii ii -- -i
(B) iz-i- =i i- i i -i
(C) i- ii i ii ii-i i-i
(D) lii i i i ii-i -- i -il
19. i i i- il- l ii -i i-i
(A) ii (1 t) (B) i=ii (l t)
(C) i=ii :i - l -|/n (D)
g
P
D
0
1
1
20. .. l= iiii - I i + i -
(A) i -i -i (B) i -i iil-
(C) - iil- (D) - il iil-
21. il- i=iiil- ii-i
(A) il- i- i- (B) il- i- i-
(C) il- i- i- (D) il- l-i
22. -i - +i i i ii-i i iil
(A) i i ii (B) -i -ii ll=- ii
(C) l- ii l+ (D) -i+
8 J1709
23. The degree of total leverage is equal to :
(A) percentage change in EPS/percentage change in sales
(B) percentage change in EBIT/percentage change in sales
(C) percentage change in EPS/percentage change in EBIT
(D) percentage change in sales/percentage change in EBIT
24. Changes in the population characteristics such as age, gender, race, marital status,
income and education are the examples of :
(A) geographic characteristics (B) cultural characteristics
(C) psychographic characteristic (D) demographic characteristics
25. Which of the following is not constituent of promotion-mix :
(A) Advertising (B) Sales promotion
(C) Direct marketing (D) Publicity
26. Which of the following factors does not influence the pricing strategy of a firm ?
(A) Market (B) Competition
(C) Cost (D) R & D
27. Who coined the term Marketing Myopia ?
(A) Peter Drucker (B) Stanton
(C) Philip Kotler (D) Theodore Levitt
28. In the diffusion of innovation who are the people not willing to try out the product :
(A) Innovators
(B) Progressive people
(C) Early adopters
(D) early majority
29. Which of the following is not a variable for segmenting the market ?
(A) Sex (B) Age (C) Income (D) Sales
30. At which stage of new product development process, the launching of new product
will take place :
(A) Concept development
(B) Marketing strategy development
(C) Test marketing
(D) Commercialization
9 P.T.O. J1709
23. i l i li i
(A) :.i.. l-i- -/l+i l-i- -
(B) :.i.i:.i. l-i- -/l+i l-i- -
(C) :.i.. l-i- -/:.i.i:.i. l-i- -
(D) l+i l-i- -/:.i.i:.i. l-i- -
24. i iii i i, l, il-, il ll-, i i liii l -ii
(A) =iil ii (B) il- ii
(C) i-iil ii (D) ili ii
25. l-ll- i i l>ii i
(A) l-ii (B) l+ (C) i li (D) -i
26. l-ll- + i - lii i iil- i i i i =il- i -i
(A) ii (B) l-i
(C) i- (D) ii li
27. li - lr i i l li
(A) i (B)
(C) l+l i (D) lii l
28. - i ll- l, i i i li -i i i l -
i-
(A) -i
(B) l-ii i
(C) i-= ii i
(D) il-= -
29. ii l l-ll- i i -
(A) l :+| (B) i (C) i (D) l+
30. -i li l+i i l i -i i i.i --ii ii
(A) iii li (B) li iil- li
(C) iii li (D) iiii
10 J1709
31. Strategic production planning decisions include :
(A) Quality development (B) Make or Buy decision
(C) Manpower planning (D) Layout planning
32. Which one of the following is not the type of Plant Layout ?
(A) Process Layout (B) Product Layout
(C) Fixed position Layout (D) Selection Layout
33. Production control is concerned with :
(A) Establishment of Quality Standard norms
(B) Execution of production plan
(C) Expediting the production process
(D) Product Quality control
34. Critical Path Method network analyses is done with the objective of :
(A) determining the completion time for the project
(B) determining the product quality
(C) determining the production cost
(D) determining the pay-back period
35. Q systems of inventory control provides for :
(A) Ordering the inventory when it normally equals to EOQ
(B) Ordering the inventory depending on the stock level on hand
(C) Optimization of inventory costs
(D) None of the above
36. In case of Binomial distribution, the mean is :
(A) Always greater than variance
(B) Always equal to variance
(C) Always less than variance
(D) None of these
11 P.T.O. J1709
31. iil- -i li lii iil
(A) i-ii i li (B) lii i li
(C) iil+ li (D) l-i li
32. l-ll- i i i l-i i i i
(A) l+i l-i (B) -i l-i
(C) l i l-i (D) -l- l-i
33. -i lii i --
(A) i-ii i l-i i ii
(B) -i ii i l+i- i
(C) -i l+i i -i i i
(D) -i i-ii lii
34. l+i i li l - li i-i
(A) lii i i i lii
(B) -i i i-ii i lii
(C) -i i- i lii
(D) l i lii
35. l-i lii i + :Q) ll i -i
(A) l-i i - ii i ii- ii :.i.+. i-i
(B) l-i i ii i i =i - l= -i
(C) l-i i-i i l- ii
(D) -i+ i: i
36. i:il l-i i-i , -i :i i
(A) l-ii ii -ii i-i (B) l-ii i i-i
(C) l-ii ii i-i (D) : i: i
12 J1709
37. Car hire firm has two cars which it hires out daily. The demand for car is distributed as
Poission with mean 2. If the value of e
22
50.1353, the number of days out of 100 days
on which neither of the car is used are :
(A) Approximately 14 (B) Approximately 22
(C) Approximately 32 (D) None of these
38. A committee of four has to be formed from among 3 Economists, 2 Managers, 4 Doctors
and one Statistician. The Probability that all 4 professions are represented on the
committee will be :
(A) 14/35 (B) 10/35 (C) 4/35 (D) 24/35
39. Correlation Coefficient is equal to :
(A) Arithmetic mean of both regression coefficients
(B) Geometric mean of both regression coefficients
(C) Difference of two regression coefficients
(D) None of these
40. When Null hypothesis (H
o
) is true and test rejects it, it is called :
(A) Type - I error (B) Type-II error
(C) Level of significance (D) None of these
41. Which element identities the strategic factors that determine the future of a firm ?
(A) Environmental Scanning
(B) Strategy Formulation
(C) Strategy Implementation
(D) Strategy Evaluation and Control
42. Which strategy provides a means for achieving a companys annual objectives ?
(A) Marketing Strategy (B) Operating Strategy
(C) Business Strategy (D) Corporate Strategy
43. Which of the following is not a primary activity in a value chain ?
(A) Human Resource Management (B) Marketing and Sales
(C) Operations (D) Outbound logistics
44. Which one of the following represents the best long run opportunity in a firms business
portfolio ?
(A) Star (B) Question Mark
(C) Cash COW (D) DOG
13 P.T.O. J1709
37. i li l, + i i i i l-l li -i i i i i
l-i i li i 2 e
-2
= 0 .1353 li -i - + i 100 l l-
l i: =i i i i ii
(A) = 14 (B) = 22 (C) = 32 (D) : i: i
38. . iilii, z -i, : i+i ili -i l+i i i i i
i -ii iii l+ iil i :i =ii ii
(A) 14/35 (B) 10/35 (C) 4/35 (D) 24/35
39. -- ii i i-i
(A) ii -i ii il i
(B) ii -i ii -il-i i
(C) i -i ii i --
(D) : i: i
40. i:ill (H
o
) i i -i i- :i ii - : -
(A) i: - I il (B) i: - II il
(C) i+ lll+ (D) : i: i
41. l - iil- ii i -i i-i i li + =l i ll-- -i
(A) i-iii i (B) iil- i lii
(C) iil- i l+i- (D) iil- -i lii
42. ii iil- -i ii i i i i i i -i
(A) li iil- (B) l+i- iil-
(C) i iil- (D) ii iil-
43. - i i i il l+i i
(A) i i - (B) li l+
(C) ii (D) i i ill
44. l-ll- i i i i +ili i-i ii i l-ll -i
(A) i (B) l-- (C) i i (D) i
14 J1709
45. A firm tries to achieve the lowest cost of production and distribution so that it can set
its prices at a lower level than its competitors. Which generic strategy it is following ?
(A) Cost leadership (B) Differentiation
(C) Focus (D) All of the above
46. Which method of product portfolio analysis helps in deciding which products are to be
retained and which are not to be retained ?
(A) Ansoffs Matrix (B) Environment Matrix
(C) BCG Matrix (D) All of the above
47. What BIFR stands for :
(A) Bureau of Industrial Financial Reconstruction
(B) Board of Industrial Financial Reconstruction
(C) Bureau of Industrial Financial Re-engineering
(D) Board of Industrial Financial Re-engineering
48. Which one of the following is not the reason for sickness of industries ?
(A) Inadequate working capital
(B) Huge Market
(C) Out dated Technology
(D) Changing tastes of consumers
49. Environmental Ethics refers to :
(A) Unfair Trade Practices (B) Pollution
(C) Product price (D) Quality of the product
50. Corporate governance includes management of :
(A) Employees (B) Organisation
(C) Society (D) All of the above
- o O o -
15 P.T.O. J1709
45. + -i l-i i -- i- i i i -i-i -il l-,l-, --
- i i-i i + l l iil- i i i
(A) i- - (B) ll=iii
(C) +i (D) -i+ =i
46. -i i +ili li i i i ll i li i-i -i l l -ii
i ii l+ l i i i l- i i
(A) i+ i l + (B) i-ii l +
(C) i.i.i. l + (D) -i+ =i
47. i.i:.+.i. +i l=i
(A) i i+ : i l+ili i +i
(B) i i+ : i l+ili i +i
(C) i i+ : i l+ili i:ill
(D) i i+ : i l+ili i:ill
48. l-ll- ii iil i-i i i i
(A) iii i i i-- ii (B) lii ii
(C) ii -i (D) -=i+ii i -i l-
49. i-iii l--i ii
(A) l-- ii i (B) i
(C) -i - (D) -i i i-ii
50. ii ii - iil
(A) -ii (B)
(C) i (D) -i+- =i
- o O o -
16 J1709
Space For Rough Work

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