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Test Booklet No.

D1 7 0 5

PAPERII

MANAGEMENT

Time : 1 hours]

Number of Pages in this Booklet : 16

[Maximum Marks : 100

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.

1. U DU U S U UU U

2.

This paper consists of fifty multiple-choice type of questions.

3. U U U, -S U U U

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)

4.

2. -

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U

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.

-S U U
U U SUU-U S
SU U

(ii)

U DU U U U -S DU
U U U U U U S
DU / U UU
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UUU S U U -S
U U
-S U
UQ

(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
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(iii)

After this verification is over, the Serial No. of the booklet

should be entered in the Answer-sheets and the Serial
No. of Answer Sheet should be entered on this Booklet.

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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.

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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.

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U U U
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6. U U
7. (Rough Work) S DU U U
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U
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U U # U U
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You have to return the test question booklet to the invigilators

at the end of the examination compulsorily and must not carry
it with you outside the Examination Hall.

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10.

10. Use only Blue/Black Ball point pen.

11.

11. Use of any calculator or log table etc., is prohibited.

12. There is NO negative marking.

D1705

(C) U

where (C) is the correct response.

5.

9.

(i)

P.T.O.

MANAGEMENT
PAPERII
Note :

1.

2.

3.

4.

5.

6.

7.

This paper contains fifty (50) multiple-choice questions, each question carrying
two (2) marks. Attempt all of them.

In the law of variable proportions, phase two indicates :

(A)

Increasing returns

(B)

Constant returns

(C)

Diminishing returns

(D)

Negative returns

The demand curve facing the pure monopolist is :

(A)

Positively sloped

(B)

Negatively sloped

(C)

Horizontal

(D)

None of the above

Total consumer expenditure on a good falls as its price falls, this indicates that its price
elasticity is :
(A)

One

(B)

Less than one

(C)

More than one

(D)

None of the above

National income is :
(A)

NDP at factor cost

(B)

NNP at factor cost

(C)

NNP at market price

(D)

GNP at factor cost

Supply creates its own demand is known as :

(A)

Keynesian law

(B)

Veblen law

(C)

Says law

(D)

None of the above

An organisation that has developed capacity to adapt and change is described as :

(A)

Virtual organisation

(B)

Learning organisation

(C)

Developing organisation

(D)

Changing organisation

The personality theory that emphasises the unconscious determinants of behaviour is

known as :
(A)

Cognitive theory

(B)

Psychodynamic theory

(C)

Perpetual theory

(D)

Refreezing

D1705

MANAGEMENT

II
U

(50) -

(2) U

1.

2.

3.

(A)

(B)

(C)

(D)

(A)

(B)

(C)

(D)

S Q , S

4.

5.

6.

7.

(A)

(B)

(C)

(D)

(A)

(B)

(C)

(D)

(A)

(B)

(C)

(D)

(A)

(B)

(C)

(D)

h ,

(A)

(B)

(C)

(D)

D1705

P.T.O.

8.

9.

Grapevine is the term used in relation to :

(A)

Formal communication

(B)

Informal communication

(C)

Both formal and informal communication

(D)

None of the above

Which theory of motivation places a premium on the effort - reward relationship ?

(A)

10.

11.

Vrooms

(B)

McClellands

(C)

Equity

(D)

Hersberg

__________ is the third person acting as a catalyst, who assests in the achievement of
the smooth introduction and implementation of change.
(A)

change agent

(B)

change manager

(C)

change supervisor

(D)

change player

A leader may use the following methods :

(a)

Use criticism

(b)

Encourage growth

(c)

Set objectives

(d)

Give orders and directions

Which of these methods are used by a democratic leader ?

12.

13.

14.

(A)

(a) and (b)

(B)

(c) and (d)

(C)

(b) and (c)

(D)

(a), (b) and (d)

The provision of training and practice in an increased range of skills is known as :

(A)

Job enrichment

(B)

Job enlargement

(C)

Job evaluation

(D)

Job analysis

A level or standard in a scale against which performance can be evaluated in order to

structure similar process is described as :
(A)

Standardisation

(B)

Bench - marking

(C)

Structuring

(D)

Institutionalising

A wage period shall not exceed :

(A)

Forty days

(B)

One week

(C)

One month

(D)

Thirty - five days

D1705

8.

9.

(A)

(B)

(C)

(D)

h - ?

(A)
10.

(B)

(C)

(D)

__________ M

(A)
11.

(B)

(C)

$ (D)

()
()
()
()

12.

13.

(A)

() ()

(B)

() ()

(C)

() ()

(D)

(),() ()

(A)

(B)

(C)

(D)

S M
,

14.

(A)

(B)

-Z

(C)

(D)

$ _________

(A)
D1705

(B)

(C)

(D)

P.T.O.

15.

In a factory, where more than _________ women workers are ordinarily employed
creche facility has to be provided.
(A)

16.

17.

20

(B)

30

(C)

19.

(D)

50

__________ is temporarily closing down the undertaking with the intention of forcing
workers to accept the demands of employer.
(A)

Lay-off

(B)

Retrenchment

(C)

Lock out

(D)

Termination

Match the following :

Trade Union

18.

40

Political Affiliation

(a)

INTUC

(i)

Congress (I)

(b)

AITUC

(ii)

CPI (M)

(c)

CITU

(iii)

CPI

(d)

BMS

(iv)

BJP

Code :

(a)

(b)

(c)

(d)

(A)

(iv)

(iii)

(ii)

(i)

(B)

(i)

(ii)

(iii)

(iv)

(C)

(i)

(iii)

(ii)

(iv)

(D)

(i)

(iv)

(iii)

(ii)

According to dividend discount model the value of an equity share is equal to :

(A)

Present value of dividends expected from equity ownership

(B)

Present value of dividends expected from equity ownership plus present value of
sale price expected when equity share is sold

(C)

Present value of dividends and bonus expected from equity ownership

(D)

None of the above

NPV is the sum of :

(A)

Present values of all the cash flows expected to occur over the life of a project

(B)

Present values of the positive cash flows expected to occur over the life of a project

(C)

Cummulative values of the positive cash flows expected to occur over the life of a
project.

(D)

Total value of the positive and negative cash flows expected to occur over the life
of a project.

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15.

() _________ o ,

(A)
16.

20

(B)

30

(C)

40

(D)

50

o S M

_________
(A)
17.

(B)

(C)

19.

(D)

18.

(a)

(i)

()

(b)

(ii)

()

(c)

(iii)

(d)

(iv)

(a)

(b)

(c)

(d)

(A)

(iv)

(iii)

(ii)

(i)

(B)

(i)

(ii)

(iii)

(iv)

(C)

(i)

(iii)

(ii)

(iv)

(D)

(i)

(iv)

(iii)

(ii)

(A)

(B)

(C)

(D)

(A)

(B)

(C)

(D)

D1705

P.T.O.

20.

21.

Decision tree analysis is a useful tool for analysing :

(A)

sequential decisions in the face of cost

(B)

isolated decisions in the face of risk

(C)

sequential decisions in the face of risk

(D)

quick decisions in the face of returns

The division of a company into two separate independent companies is known as :

(A)

22.

24.

25.

26.

27.

(B)

Dissolution

(C)

Liquidation

(D)

Split up

The nature of amalgamation as uniting of interests or acquisition is described in which

Accounting standard issued by ICAI.
(A)

23.

Spin off

AS - 13

(B)

AS - 14

(C)

AS - 15

Marketing concept emphasises on :

(A)

Customer - oriented products

(B)

Value creation

(C)

Sales orientation

(D)

Production orientation

Skimming pricing implies :

(A)

Experimental pricing

(B)

Low pricing

(C)

High pricing

(D)

None of the above

Impulse buying implies :

(A)

Purchasing with little or no advance planning

(B)

Purchasing involving all family members

(C)

Purchasing involving all relatives

(D)

None of the above

The first commandment in marketing is :

(A)

know thy customer

(B)

know thy product

(C)

know thy markets

(D)

know thy price

A brand is a means of :
(A)

Naming the products

(B)

Packaging of the products

(C)

Contents of the products

(D)

Identifying and differentiating the companys products

D1705

(D)

AS - 16

20.

21.

(A)

(B)

(C)

(D)

(A)
22.

(B)

(C)

(D)

m o M

(A)
23.

24.

25.

26.

27.

- 13

(B)

- 14

(C)

- 15

(D)

- 16

(A)

(B)

(C)

(D)

(A)

(B)

(C)

(D)

(A)

(B)

(C)

(D)

(A)

(B)

(C)

(D)

(A)

(B)

(C)

(D)

D1705

P.T.O.

28.

29.

30.

31.

32.

33.

Consumers Risk is :
(A)

the lowest allowable probability of accepting a bad lot

(B)

the largest allowable probability of rejecting a good lot

(C)

the largest allowable probability of accepting a bad lot

(D)

none of the above

Surplus variables are introduced for solving :

(A)

the transportation problem

(B)

the L.P.P. problem with constraints are of less than type

(C)

the CPM problems

(D)

the L.P.P. problem with constraints are of greater than type

The decision making under risk is the process when :

(A)

the probability distribution of the variable is known

(B)

the objective function is not known

(C)

how to take the decision is not known

(D)

none of the above

The economic order quantity is that quantity for which :

(A)

the fixed cost is equal to the variable cost

(B)

the ordering cost is equal to the carrying cost

(C)

the economic cost is less than economic value

(D)

the value of the product is equal to the operating cost

In quencing theory the symbol M/M/1/FIFO/: stands for :

(A)

Exponential arrival rate, poisson service rate, single channel, first in first out and
infinite queue length

(B)

Poisson arrival, exponential service rate, single channel, first in first out and infinite
queue length

(C)

Poisson arrival, poisson service rate, single server, first in first out and finite queue
length

(D)

None of the above

The ABC analysis in inventory management is carried out on the basis of :

(A)

60/30/10 rule

(B)

80/20 rule

(C)

50/30/20 rule

(D)

None of the above

D1705

10

28.

29.

30.

31.

32.

(A)

S S

(B)

S S

(C)

S S

(D)

(A)

S S

(B)

... S

(C)

.. S

(D)

... S

(A)

(B)

SD

(C)

(D)

(A)

(B)

(C)

(D)

Z h //1//

(A)

, ,

(B)

, ,

33.

(C)

, , ,

(D)

(A)

60/30/10

(B)

80/20

(C)

50/30/20

(D)

D1705

11

P.T.O.

34.

The
(A)
(B)
(C)
(D)

35.

The technique used to measure the degree of association between the two variables is
known as :
(A) Regression Analysis
(B) Dispersion
(C) Skewness
(D) Correlation Analysis

36.

A and B play a game where each is asked to select a number from 1 to 25. If the two
numbers match, both of them win a prize. The probability that they will not win a
prize in a single trial is :
(A) 1/25
(B) 24/25
(C) 2/25
(D) None of the above

37.

Analysis of Co-variance is used for :

(A) removing the effect of one or more unwanted factors in an analysis of variance
(B) increasing precision in randomised experiments
(C) studying regression in a multiple classification
(D) all of the above

38.

The growing popularity of relational DBMS is due to :

(A) report writing
(B) its menu drivenness
(C) better response time
(D) query processing

39.

Three numbers are selected at random without replacement from the set of the numbers
{1, 2, ......., N}. The conditional probability that the third numbers lies between the first
two numbers if the first number is known to be smaller than the second is :
(A) 1/6
(B) 1/3
(C) 1/2
(D) None of the above

40.

Entry barriers for a company to enter an industry can occur due to :

(A) Economics of scale
(B) Product differentiation
(C) Switching costs
(D) All the above

41.

Which is not a support activity in a corporate value chain analysis ?

(A) HRM (Human Resource Management)
(B) Services
(C) Technology development
(D) Procurement

D1705

Binomial distribution with parameters n and p approaches Poisson distribution if :

n is large and p is small
n is large and both p and q are not close to zero
n is large and p is large
n is small and p is small

12

34.

35.

(A)

(B)

(C)

(D)

(A)
36.

(B)

(C)

(D)

1 25
S

(probability)
(A)
37.

38.

39.

1/25

(B)

24/25

(C)

2/25

(D)

(A)

(B)

(C)

(D)

(A)

(B)

(C)

(D)

{1, 2, ......., N} S S S
S S

(A)
40.

41.

1/6

(B)

1/3

(C)

1/2

(D)

(A)

(B)

(C)

S S

(D)

(A)

... ( )

(B)

(C)

(D)

D1705

13

P.T.O.

42.

43.

In growth share matrix cash cow indicates :

(A)

High business growth - High market share

(B)

High business growth - Low market share

(C)

Low business growth - High market share

(D)

Low business growth - Low market share

Principles of enterpreneurship may be applied to :

(A)

44.

45.

48.

50.

(C)

Society

(D)

All of the above

Capital invested

(B)

Number of employees

(C)

Number of managers

(D)

Type of business

Which of the following Bank has been entrusted with the responsibility of developing
and supporting small business :
NABARD

(B)

SIDBI

(C)

IDBI

(D)

None of these

Which of the following standardisation certificate is related to the protection of

environment ?
ISO 2000

(B)

ISO 9000

(C)

ISO 14000

(D)

None of these

Global Campact is related to :

(A)

Human rights

(B)

Social responsibility

(C)

Environment protection

(D)

Women rights

Social responsibility is a responsibility towards :

(A)

49.

Business

(A)

(A)
47.

(B)

The criteria for small business is :

(A)
46.

Government

Employees

(B)

Government

(C)

Society

(D)

All of these

Combination of character and behaviour is known as :

(A)

Technological ethics

(B)

Ethico - moral ethics

(C)

Value based ethics

(D)

None of these

The most appropriate goal of corporate social responsibility is centred around :

(A)

Philanthropic activities

(B)

Voluntary activities

(C)

Ethical based activities

(D)

Legalistic activities

-oOoD1705

14

42.

43.

(A)

- $ S

(B)

- $ S

(C)

- $ S

(D)

- $ S

l h

(A)
44.

45.

47.

48.

50.

(A)

(B)

(C)

(D)

(D)

(B)

(C)

(D)

(A)

2000

(B)

9000

(C)

14000

(D)

(A)

(B)

(C)

(D)

(A)
49.

(C)

(A)
46.

(B)

(B)

(C)

(D)

(A)

(B)

(C)

(D)

(A)

(B)

(C)

(D)

-oOoD1705

15

P.T.O.

Space For Rough Work

D1705

16