UNIVERSITY COLLEGE OF COMMERCE AND

BUSINESS MANAGEMENT
KAKATIYA UNIVERSITY, WARANAL

MAD SHOW -2017

YMA & YWE PRILIMINARY ROUND
Time: 30 Mins Max
Marks: 30
________________________________________________________________________
1. Which of the following documents defines the scope of company’s
activities? ( )
(A) Memorandum of Association (B) Articles of Association
(C) Prospectus (D) Statutory declaration
2. A letter of credit (L/C) is produced by (
)
(A) An exporter (B) An importer (C) Custom authorities
(D) Shipping company
3. Which of the following statement is correct?
( )
(A) Valuation is a part of verification (B) Verification is a part of
valuation
(C) Valuation has nothing to do with verification (D) None of the
above
4. Which of the following statements is/are correct?
( )
I. Internal control includes quality control.
II. Internal control is compulsory for all forms of business
organizations.
III. Internal control helps external auditor to design suitable
audit programme for client's organization.
Select the correct answer using the code given below–
(A) I only (B) II only (C) III only (D) I and
III
5. “The position of a Company Secretary is like that of a hub in a
bicycle wheel.” This statement shows the.......
( )
(A) Importance of Company Secretary (B) Rights of Company
Secretary
(C) Duties of Company Secretary (D) Liabilities of Company
Secretary
6. Receipts and Payments Account is an abbreviated form of
( )
(A) Cash Book (B) Pass Book (C) Both Cash Book and
Pass Book (D) None of the above
7. Which of the following is a personal account
( )
(A) Outstanding Expense (B) Investment (C) Share premium (D)
Salary
8. Bombay Stock Exchange Sensex consists of ……… scripts
( )
(A) 10 (B) 20 (C) 30 (D) 40

9. . Principle of ‘Unity of Command’ means.............

( )
(A) Unity of directions (B) To receive orders from one
officer only
(C) A fixed place for every person (D) Proper delegation to
subordinates
10. Managerial Planning is a -------- Function
( )
(A) Middle Level Function (B) Lower Level Function
(C) Top Level Function (D) All Level Function
11. Theory ‘X’ and Theory ‘Y’ of Motivation was propounded by
( )
(A) Herzberg (B) Maslow (C) Elton Mayo (D) McGregor
12. What is the method in which an amount equal to the amount
written off as depreciation is invested in outside securities in
order to facilitate replacement of an asset at the expiry of
its life period, called? ( )
(A) Annuity Method (B) Sinking Fund Method
(C) Replacement Method (D) Depletion Method
13. Which of the following would be the best illustration of a
subculture? ( )
(A) A religion. (B) A group of close friends.
(C)Your university (D) Your occupation
14. If actual performance exceeds the expected performance of
the product, Then customer is ________
( )
(A)Satisfied (B) Dissatisfied (C) Delighted (D) Neutral
15. A cluster of complementary goods and services across
diverse set of industries is called as _____________
( )
(A)Meta market (B) Market space (c) Resource Market (D)
Market place
16. In marketing theory, every contribution from the supply
chain adds ________ to the product
( )
(A) Value (B) Costs (C) Convenience (D) Ingredients
17. The basic managerial skill(s) is(are)
( )
(A)To supervise (B) To stimulate (C) To motivate (D) All of the
above
18. When a firm’s average revenue is equal to its average cost,
it gets ________ ( )
(A)Super profit (B) Normal profit
(C) Sub normal profit (D) None of the above
19. Demand is determined by...................
( )
 (A)Price of the product (B) Relative prices of other goods
(C) Tastes and habits (D) All of the above

20. Agency cost consists of

( )
(A) Binding (B) Monitoring (C) Opportunity and
structure cost (D) All of the above
21. The following is (are) non-verbal communication
( )
(A) Facial expression (B) Appearance (C) Posture (D) All of the
above
22. The following is (are) the most effective ways of
communication. ( )
(A) Verbal (B Non Verbal (C) Written (D) All of the above
23. A Contract may be ----------.
( )
(A) Oral (B) Written (C) Oral or Written (D) None of the
Above
24. Which of these is not a good reason for wanting to work for
a company? ( )
(A) Your vision aligns with the company’s mission.
(B) The location, salary, and benefits are all great.
(C) You have skills that you think will contribute to the company’s
goals.
(D) None of the Above
25. Which of the following Bank has NOT merged with SBI on
1st April, 2017 ( )
(A) State Bank of Bikaner and Jaipur (B) State Bank of Mysore
(C) State Bank of Hyderabad (D)State Bank of Sourastra.
26. Who is the founder and promoter of D-Mart
( )
(A) Rahul Bajaj (B) Radha Kishan Damani
(C)Kishore Biyani (D) Charles Durrant & John William
27. Which of the following is the pioneer in payment banking
( )
(A) Reliance Jio (B) Airtel (C) India Post (D) NSDL
28. The strengths and weaknesses of each alternative become
obvious
in which step of the decision making-process?
( )
(A) Identifying the problem (B) Identifying the
decision criteria
(C) Analyzing the alternatives (D) Implementing the
alternative
29. The information of MIS comes from the
( )
(A)Internal source (B) External source
(C) Both internal and external source (D) None of the above
30. The back bone of any organization is
( )
(A) Information (B) Employee (C) Management (D) Capital

Wish You All the Best