ME5I

SUBJECT – MANAGEMENT
ALL UNITS

SR. C CORRECT
QUESTIONS A B D
NO. ANSWER
Civil And Electronics And
1 Name the two segments of engineering Heavy And Mechanical Telecommunicat None Of Heavy And Light
sector. Light ion Above
2 Different types of process industry General Chemical Heat All Of Above All Of Above

Assigning each group according to the similar

3 activities to be performed, to manager with Planning Organizing Controlling Decision Organizing
the necessary authority to supervise them Making
is called

4 Out of the following options given below, Equal Wages Dignity Fair Good Work Equal Wages
which does not implies to equity? Culture

................................is accountability, which is

5 an obligation of a subordinate to his/her boss Authority Responsibilit Communication All Of The Responsibility
to perform the assign work. y Above

People Product
6 For product type departmentation, which Become Become Attention Is No Duplicate No Duplicate Of
statement is incorrect? Expert In The Name Brand Given To The Of Work Work
Work Name Product
Allotted To
Them
Is concerned with Financial Material Personnel Operation
7 Procurement, allocation and control of Management Management Management Management Financial
financial resources of a firm. Management

Are expenses done for raising Financial Office

8 funds for running business. Expenses Purchases Sales Administrative Financial Expenses
Expenses

9 A or flexible budget recognized the

Unreliability of income or sales Fixed Budget Variable Functional All Of The Variable Budget
prediction and makes provision in Budget Budget Above
advanced for variation in production and
expenditure in accordance with
variations in sales
Consider the following two statements. (1) (1) True (2) (1) True (1) False (2) (1) False (2) (1) False (2) True

10 Preference shares True (2) False True False

Normally offer investors a lower level of risk
than loan capital.
(2) Preference shares are not normally given
 voting rights. Which ONE of the following
combinations relating to the above
statements is correct?
List of what is

The Bill of materials provides . Needed for

11 A product each A and b both None A and b both
structure (tree) component,
sub-assembly
and assembly
Whenever a department needs an item, it is Exact quantity Prepare a list Pen the Prepare a Exact quantity of
officially brought to the notice of the of material to of suppliers quotations at comparative material to be

12 purchasing department by filing a purchase be purchased who deal prescribed time statement of purchased and its
requisition from. The next step is and its with the on the the, terms and specification is
specification business of prescribed date conditions decided
is decided the articles mentioned in

to be the quotation

purchasing and then

and are analyze them

reliable
13 Identify the system, which show the essential
elements used MRP ERP EOQ ABC MRP
In Master Production Schedule as its basis
 for any material control system.

Six-sigma aims at improving processes and

14 producing goods with zero defects and thus (a) Implement, (a) Design, (a) Implement, (a) Verify,
helps in improving productivity. (a) DMAIC Control (b) Verify (b) Verify (b) Implement (b) (a) Implement,
and (b) DMADV are the two methods to Design, Verify Implement, Design, Control Design, Control Control (b) Design,
achieve this goal, from the figure and given Control Verify
options select the appropriate last two steps
for both the methods.
The goals of the Enteprise are fulfilled Man Machine Material All of the All of the Above
through the use of Above
15 Resources like

16 GATT was superseded by WTO in 1994 1998 2000 2005 1994

17 The success of any project depends upon- Planning Organizing Directing All of the Planning
Above
18 Planning Means Thinking Thinking Thinking All of the Thinking before
before after during Above doing
Doing Doing Doing

19 Which is the Smart technique that allows Division of Authority & Discipline All of the Division of work
everybody to do the work Responsibilit Above
Job as per their Skills or Specialization. y

20 Bata India Limited is a form of - Government Public Public All of the Public Companies
 Department Companies Corporations Above

21 In which of organization the sub-ordinates Line Line & Staff Fanctional Product Line organization
receive orders from organization Organization Organization Organization
Their immediate boss

22 Allotting right work to the right person Delegation of Responsibilit Effective All of the Effective Delegation
means. Authority y Delegation Above

23 The risk is very high in Partnership Joint stock Proprietorship All of the Proprietorship
Company Above

24 According to factory Act which of the Fencing of Cleanliness Safety guards None of the Cleanliness
following comes under Machinery above
Health provision?

25 Collapse of crane is a cause of accident, Mechnical Natural Human Error All of the Mechanical Cause of
under which type of Cause Cause Above Accident
Accidents does it come ? Of Accident Of Accident

26 Which type of capital is used for all the Gross Net Working Permenant Temporary Gross Working
current assets ( Working Capital Working Working Capital
Possession or Property) Capital Capital Capital

27 The Tax which is paid by Individual to the Direct Tax Indirect Tax Secrvice Tax Income Tax Income Tax
central Government
Of India is known as

28 Which is a part of Material Management- Inventory Marketing Both A & B None Inventory
 Management Management Management

29
 Lead time is Total cost is Primary cost is
30 The assumption made in EOQ is that know & is constant constant All of the Lead time is know
constant Above & is constant

Conflicts Minimizing High

31 The major advantage of MRP is Frequent among Unnecessary Investment in Minimizing
Material employees Inventory unnecessary Unnecessary
Shortage Investment Inventory Inventory Investment

Sales & Marketing is module of ERP MRP MPR None ERP

32

33 The activites that ensures right material at Purchase Marketing Design All of the Purchase
right quantity and Department Department Department Above Department
Right in time belongs to

To take Take
essential steps different To Imporve
so that the Measures to quality,
34 Objective of quality circle is - defective ensure or Productivity, None of these To Imporve
products should improve the safety and quality,
not reach to quality reduce the cost Productivity,
customers. standard of safety and reduce
product. the cost
 Study of
Discontinuous variation in Discontinuous

35 focus on the the striving for Study of variation

Important themes in six sigma are- customer's production perfection All of these in the production
requirements process and process and other
other business business processes
processes

Includes Covers the

The controlling Overall Covers
organization of monitoring monitoring, monitoring of Covers the
36 Measurement Analysis and must take care and measurement, information overall
Improvement clause of ISO 9001:2000 of the measuring analysis and that depicts the monitoring,
…………… conformity of devices in an improvement of customer measurement,
the product / organization. QMS. satisfaction. analysis and
service. improvement of
QMS.

37 The two types of trade are and Direct, indirect Bilateral, Internal, Local, global Bilateral,
. Multilateral external multilateral
38 Textile industry does not produce . Polythene Cotton Wool Jute Polythene

Business is the process of providing Technical, Thinking, Technical,

39 platform to the people to exhibit their economical mental managerial All of above Technical,
 and skills. managerial

Administration is concerned with the

determination or planning of corporate
40 policy whereas management is Oliver Sheldon Henry Fayol F. W. Taylor Peter Drucker Oliver Sheldon
concerned with the execution or
implementation of policy witihin the
limits set is stated by .

41 Remuneration of personnel is the F.W. Taylor Henry Fayol Peter Drucker Mary Follet Henry Fayol
principle based on
Principles.

42 Organizing facilitates . Effective Delegation Performance of All of above All of above

Management of Employees
Authority
Increase

Decrease Productivity, Increase

The objectives of planning is to Increase overload of Maintain decrease productivity,
43 . productivity work standards overload of decrease
work and overload of work
maintain and maintain
standards standards
(1) Board of (1) Borad (1) Board of
Trustees (2)
44 In an education institute, the people who Principal of of Trustees Trustees (2) (1) Principal (1) Board of
belongs to the three different levels of college (3) (2) HOD Prncipals, HOD's (2) HOD's (3) Trustees (2)
management are: Teachers (3) (3) Teachers Teachers Prncipals, HOD's
Teachers (3) Teachers

45 Which is the aim of departmentation? To make To distribute To give freedom All of the All of the above
people Work To each above
Specialized function

It is a joint Business life There is limited No transfer

46 Which statement is false about business is liability of There is limited
partnership? Depend of partnership liability
partners

With , the top management can

47 focus on strategic issues for finding new Authority Responsibilit Centralisation Decentralisatio Decentralisation
avenues and opportunities. y n
The structure of Rubber Department shows Line and Project Functional
48 the hiearchy level Line Staff Organization Organization Functional
Along with their executives. It has organization organization Organization
which type of Organizational
structure?

49 A labour welfare officer is appointed in 100 300 500 1000 500

the factory as per
Factory act when there are minimum
 workers.
Is a financial statement that
50 summarized a company’s Balance sheet Budget Profit and loss Account Balance sheet
Assets , liabilities and shareholder equity at
a specific point in time.
Preparation of budget forecasts the future of
the departments and company and due (1) Period (1) Capacity (1) Period (2) (1) Coverage
51 consideration is given on the basis of (2) Capacity (2) Period Coverage (3) (2) Capacity (3) (1) Coverage (2)
period, functions and flexibility. Identify the (3) Coverage (3) Coverage Capacity Period Capacity (3) Period
different types of budgets according to
their scope of use:

52 Is a list of component part and sub- MPS MRP BOM ERP BOM
assemblies needed to
Produce the final product.
 Financial,

53 Objectives of inventory management Financial Property Operational Operative and Financial, operative and
includes protection property property protection
Objectives. protection

Preparation of
purchase budget,
The important functions of purchase Preparation Track pending Issue and track pending Preparation of purchase
54 departments are of purchase order follow up purchase order, budget, track pending

. purchasing purchase issue and follow purchase order, issue and

budget order up purchase order follow up purchase order

What end How many of When the

55 The master production schedule is a products are Each product is Products shall All of the above All of the above
list of: to be to be be ready for

produced? produced? shipment?

The process or approach as seen in the

56 figure, attempts to MRP MRP-II ERP EOQ ERP

Consolidate all of a company’s
departments and functions into a single
computer system that services each
department’s specific needs. Identify
the system.
57 Quality is fitness for . Use Action Product Business Use
 A well organized working place
58 results more efficient and more Kaizen 5S TQM Six sigma 5S
productive operation : is the
principle of
.
60 First nationalisation of 14 banks 1969 1976 1950 1991 1969
happened in
61 Following is not the chemical Polymer Petrochemical Paints Sugar Sugar
industry
62 To start with enthusiasm is called as Initiative Dynamism Leadership Management Initiative
62 To start with enthusiasm is called as Initiative Dynamism Leadership Management Initiative
63 Employees get energized due to Controlling Planning Motivation Decision- making Motivation

64 Functional organization is also called Line Staff Project None of above Staff organization
as organization Organization Organization

Providing
65 Basic aim of the government sector is Earning Earning fame service to None of above Providing service to
profit society society

66 Highest business secrecy is in Partnership Government Proprietorship Co-operative Proprietorship

Sector Society
67 Unlimited liability is present in Proprietorshi Partnership Both a & b None of above Both a & b
p
68 Who can be responsible for accident Worker Management Working All the above All the above
Conditions

69 As per factory act, one first aid box is 100 200 150 250 150
provided for ........................... workers.
70 Budget is the financial plan for Next year Last year Running year None of above Next year

71 Buffer stock is nothing but New stock Safety stock Confused Unnecessary stock Safety stock
Inventory
72 A type of items has importance due to 10-20% 15-25% 40-50% 70-80% 70-80%
consumption.
73 Quality management is not focusing Money Quality Improvements Productivity Money
on
74 Sustain in 5S is Shitsuke Seiri Seiso Seiketsu Shitsuke

75 HDFC Bank is a ……… Public sector Private sector Foreign bank Co-operative bank Private sector bank
Bank Bank

76 Deciding in advance what to do, how Decision - Organising Planning Motivating Planning
to do and when to do making
Is………

77 The assignment of each grouping to a Controlling Organising Staffing Planning Organising

manager with the
Authority necessary to supervise it' ,
is called as…..
78 Scalar Organisation is also known as Line Project Staff Functional Line organisation
organisation Organisation organisation Organisation

79 Highest control of government is Government Public Public Public Limited Government department
there in Department Corporation company Company
Co-ordination in an organisation means:

80 1. Complete control Code 1 & 2 Code 1 & 3 Code 2 and 3 Code 1,2 &3 Code 2 and 3
Of the activites of the employees 2.
To structure harmony among
different units of the organisation 3.
Removal of conflict and
overlapping in the organization
Statement 1- Shareholders are owners Both 1 and 2 1 is correct, 2 is Both 1 and 2 1 is wrong, 2 is
81 of the company. are wrong wrong are correct correct Both 1 and 2 are correct
Statement 2 - Debenture holders
are creditors of the company.
82 Is the collective stock of items Purchase Inventory Tool room Vendor Inventory
which is required for
Routine functioning of industry

83 Ups and Downs in consumption Buffer stock EOQ Procurement ERP Buffer stock
and delivery period are Strategy
Absorbed by

Director General Defined Goods Division General of Director General

84 In purchasing, DGSD belongs to of Supplies and for Supply and Sales and of Supply and Director
Disposals Dispatch Distribution Distribution General of
Supplies and
Disposals

85 Statement 1- ERP gives Both 1 and 2 are Both 1 and 2 1 is correct, 2 is 1 is wrong, 2 is Both 1 and 2 are
transparency. Statement 2- Correct Are wrong Wrong Correct correct
Repetition
Of work is avoided due to ERP
A set of tools for
A system to A capacity to Planning and
capture and make assess the monitoring
86 ERP software provides: data available in feasibility of a processes to Option a & c Option a & c
real time proposed plan achieve goals of
the organisation
87 Traders make profit in form of Laons Commissions Shares None of above Commissions
 ...............................

88 …………... And are produced in Soda and soap Cosmetics and Polymers and Soaps and Polymers and
largest quantity in Paper Plastics Detergents plastics
Chemical industry.

89 Insurance company is categorized Life Insurance General All of above None of above All of above
as Insurance

90 Scalar chain is the .... , which runs Line of authority Plane of Path of authority Authority Line of authority
from top Authority
Level to the lower level in the
organization.

Specific, Specific, Specific, Specific,

measurable, measurable, moveable, moveable, Specific,
91 SMART stand for ............ achievable, accountable, achievable, accountable, measurable,
realistic, timely realistic, timely realistic, timely realistic, timely achievable,
realistic,
timely

92 Which is not the type of the joint Public sector Public limited Private limited None Public sector
stock company? Company Company
Biotechnology Information System, Government Public Public
93 Network department of Consumer departments companies corporations All of the above Government
Affairs, and Department of departments
 Education etc, are which
Types of companies?

94 Public deposit is the source of Joint stock Cooperative Partnership Proprietorship Joint stock
finance for ............................ Company Society company
If the factory employs more than
95 500 workers, it should appoint a Safety officer Welfare officer Security officer None of these Welfare officer
qualified to carry out the
prescribed
Duties.

Ensuring the safety, health and Industrial Workman Minimum Wages

96 welfare of the employees is the Factories Act Disputes Act Compensation Act Factories Act
primary purpose of the- Act

97 ……………………..represents the Sales budget Production Purchase budget Materials budget Purchase budget
quantities of the materials to be Budget
Purchased and the estimated costs
of the material

To ensure regular
98 Which is the objective of Profit Wealth and adequate All of above All of above
financial management? maximization maximization supply of funds
99 Tax includes the current tax as well Income Expenses Excise Deferred Deferred
as tax.
100 Debentures are included in Long term Short term Medium term None Long term
source of
finance.
Between 60
101 The table shows the income tax Below 60 years Years to 80 Above 80 years For all ages Between 60 years
rates for an individual - years to 80 years
……………………... Is a planning
102 technic that calculates material TQM ISO MRP QA MRP
Requirement and schedule supply
to meet changing demand across
all product and parts
Cost of Receiving,
processing Cost of following processing
103 Procurement costs consists of cost Cost of receiving quotation and up and expediting quotations, issuing Receiving,
of ............................. quotations issuing purchase order and expediting processing
purchase order purchase order quotations,
issuing and
expediting
purchase order
104 Excess inventory needs . More funds Less funds Less space More space More funds
.............................. Function can
105 be defined as procuring Purchasing Procurement Planning Processing Purchasing
 Different types of material for an
organization from different
sources

Cost of packing of Cost to be paid Cost required for

106 Packing cost means goods to customer Movement of Inspection cost Cost of packing
............................... material of goods
(a) Minimum (a) Minimum (b) Minimum (b) Maximum

107 In this Stock control chart, label the Stock level (b) Stock level (c) Stock level (c) Stock level (c) (a) Minimum
maximum stock level and Maximum stock Maximum Maximum stock Minimum stock stock level (b)
minimum stock level – level stock level level level Maximum stock
level
Identify way to Increase the
Increase Cycle time for Maximum quality

108 Which one of the following is production hiring and or delivery None of these Identify way to

application of Six sigma? capacities of training new problems with increase

present employees in suppliers production
equipment organization capacities of
present
equipment

109 Which one of the following is a Quantity Finance HRD Quality Quality
requirment for conformance?
 Which of the following statements
outline the relationship factor? (a)
ISO 9000 and total quality are not in
110 competition (a), (b), (c) (b), (c), (d) (a), (b), (d) (a), (c), (d) (a), (b), (c)
(b) ISO 9000 and total quality are not
interchangeable (c) ISO 9000 and
total quality are compatible (d) ISO
9000 and total quality are in
competition
111 Following is the fastest growing Agriculture Fishing Service Manufacturing Service
sector in india now a days

112 All export and imports activities are Foreign trade Fiscal policy Global policy Trade and Foreign trade
governed by Policy business policy
Policy
113 Following bank is working for ICICI Allhabad NABARD Agrob NABARD
agriculture field
114 Remuneration is not based on Performance Responsibility Emotion Designation Emotion
115 Food, Water, Shelter are needs Physiological Esteem Social Safety Physiological
116 Line organisation is of type Horizontal Vertical Both None Vertical

117 Decision are quick in Line organisation Functional Line and staff Combined type Line
Organisation Organisation organisation
118 Maximum shareholders in public 50 10 7 No limit No limit
limited company are -----------
-

119 Which is not included in the ' causes Floods Gas leakage Heavy rains Temparature Gas leakage
of accidents' due to Strokes
Nature

120 Minimum wages which are fixed are Newspaper Magazine Official gazatte All Official gazatte
declared by government
Through

121 Is the effective procurement of Accounts Commerce Finance None Finance

funds and their
Effective utilisation.

122 Flexibility is zero in Fixed budget Production Labour budget Cash budget Fixed budget
Budget

123 Statement 1- Excise is a direct Both 1 and 2 are 1 is wrong,2 is 1 is correct,2 is Both 1 and 2 are 1 is wrong,2 is
tax,Statement 2-Excise is a Wrong Correct Wrong Correct correct
Commodity tax
Ensures Proper Preventing stock
124 Which is the function of inventory? availability of purchasing out All of above All of above
Material Guidelines

125 Procurement of C type of Frequently In immediate Infrequently None Infrequently

items,should be done Schedule
126 Annual consumption of the item is A AC S None S
represented by in
EOQ.

127 The logic of is based on the principle MRP MRP II ERP SAP MRP
of dependent
Demand.
128 ERP vendor is SAP ORACLE PEOPLE SOFT All All

129 Which element is at the top of the Steering Circle leader Circle member Facilitator Steering
Quality Circle Committee committee

To decide the To check the

130 Objective of quality control is quality standard Quality Both are correct Both are wrong Both are
deviations correct

131 #NAME? Extreme Extreme Insufficient High humidity Extreme

Temperature Lethargy Illumination lethargy

132 Dependent of a deceased employee His widow Major son Widowed Unmarried Major son
does not include: mother Daughter

Private ltd jiont Public ltd joint

133 Types of jiont stock companies stock company stock company Both 1 and 2 None Both 1 and 2

134 #NAME? Propertiership Partnership Private ltd Public ltd Propertiership

Improved product Duties are clear to System function

135 Advantages of line and staff quality each person smootly All of the above All of the
 organisation above
136 #NAME? Line organisation Line and staff Functional All of the above Line
organisation

Set of define Well organised Proper dividion

137 Elements of organisation are objective Group of Of work and All of the above All of the
people labour above
138 #NAME? Controlling Movtivating Coordinating Diecision Coordinating
making

139 Henry fayol proposed no of principles 10 20 14 30 14

of
Management

140 #NAME? Division of work Authority and Discipline All of the above Division of
Responsibity work
141 Management functions are as Planning Organisaing Directing All of the above All of the
above
142 #NAME? Planning Organising Staffing Controlling Staffing

143 Major functions of insurance To provide To provie Share risk All of the above All of the
comapny --------------------- Certianty Protection above
144 #NAME? IT Textile Banking 1 and 3 Banking

145 ------------------------ is a person who Adult Adoloscent Child Young person Adult
has completed the 18 yrs
146 Which of the following qualifies as a Fencing of Cleanliness Washing None of the Cleanliness
health provision ? Machinery facilities above
A--------- is an instrument of
147 management used as an Finanace Capital Budget VAT Budget
Aid in the planning programming
and control of business activity

148 Production budget is based upon Sales budget Factory capicity Budget stock All of the above All of the
Requirement above
Is a comsption tax
149 which is leveied at each stage of Finanace Capital Budget VAT VAT
production based on valve added to
the
Producty at that stages

150 What function are involved in Planning Warehousing Storage All of the above All of the
material management Manageemnt above

Inspection costs are Consistency in Huge

151 Advantage of Quality control is reduced Quality can be Improvement in Only a and b Only a and b
achieved productivity
152 Systemize means Cleaning Organization Neatness Standardization Neatness

153 Fixed capital is the capital A short period One year A long period None of these None of these
invested in assets over: Period

Which one of the following is Improper Poor Tendency of show

154 contributory cause of an material housekeeping Protruding object off Tendency of show
accident? Handeling off

155 An adult as per Factories act, 1948 More than 18 Less than 18 More than 21 More than 15 More than 18 years
an adult is a person with Years Years Years Years
Age:

156 In functional organisation Common Separate Grouped Special Common

activities are grouped
By function.

157 Which of the following is not an Feedback Noise Span Message Span
element of communication
Process?

158 In a joint stock company loans are Members Promoters Company None of these. Company
repaid by
The .

159 Does not belong to Henry Standardisatio Scalar chain Authority Discipline Standardisation
Fayol's 14 principles of n
Management?
160 Who is not a middle level General Production Section head Marketing General Manager
manager? Manager Manager Manager

161 The planning process is used to Advancement Technologies Discoveries Budgets Budgets
prepare in an
Organisation.

162 Which type of industries involve Small scale Large scale Village industries Sugar industries Large scale
largest investment? Industries Industries industries

163 Which one of these is the largest Textile Banking Chemical Engineering Engineering
segment in Indian industry? Industry Industry Industry Industry Industry

164 A sales budget is the basis for Master budget Materials Cash budget None of these None of these
preparation of a Budget

165 Which one of the following taxes Income tax Land revenue Luxury tax Taxes on Income tax
is not charged by the state Properties
Government?

166 The provides the information MRP ERP Inventory None of these. MRP
about when to order and
How much to order.

Gives production
167 Which one of the following is not Saves time Saves cost schedule All of these All of these
a benefit of MRP?

168 Is an activity of quality Process Performance Reliability testing All of these All of these
 assurance. control Testing
Suppose a business requires 1000
169 units of a particular items. Which ERP ABC analysis ISO 9001 EOQ EOQ
one of the following can provide the
number of units to
Be purchased each time?

170 Mechanism that allows trade is Government Industry Market Finance Market
called as Department

171 Globalisation has pose major Big producers Small Rural Producers None of above Small producers
challenges for Producers

172 What is management It is science It is an Art Both (a) and (b) Both (a) and (b) Both (a) and (b) are
Are wrong Are correct correct
173 Work on correct track with Controlling Directing Organising Planing Controlling
correct speed is possiable by

174 Policy making in an industry is a Management Administration Public Workers Administration

role of –
175 Maximum security of job is in Public Sector Co-operative Partnership Joint stock Public Sector

176 Which of the following is/are the Social Gropu Efforts Accomplishing All of these All of these
key features of organization Inventions Goals

Mr. Sunil’s one-day salary was

177 deducted because of his Reinforcement Negative Punishment Positive Punishment

 Uninformed leave, as he was Reinforcement Reinforcement
already warned about this
behaviour. It is an example of
which method of shaping
behaviours?
178 Ability to adjust , change , bend is Ability Stability Flexibility Balance Flexibility
Is a financial statement that Profit and loss
179 summarizes a Balance sheet Budget Account statement Balance sheet
Companys assests , liabilities and
shareholders equity at a specfifc
point in time
Identify important constituents of

180 Total Quality Management Only i and ii Only i Only ii I, ii, iii, and iv I, ii, iii, and iv
From Following - i) Orderliness
and Cleanliness ii) Punctuality and
Continuous efforts
iii)Customers' Service iv)
Standardization of work

181 In a car assembly factory the high Item A Item B Item C None of abovess Item A
value items like engine is
Given rating of…………..

………….. Of ERP steamlines Human Purchasing Production

182 Procurement of Required raw Financial Resource Module Module Purchasing Module
materials Module Module

Reducied Improved Reduced

183 Which of the following is not inventory Customer Improved Quality Purchesing cost Improved Quality
benefit of MRP? cost service

184 The Modern Technique of ISO MRP TQM EOQ MRP

Material Management is……..

It does not take

The system is into account Stores personnels

easy to seasonal time can be It does not take into

185 Which of the following is Not understand varitations of utilized in a better All account seasonal
advantage of ABC Analysis cost manner varitations of cost

Kaizen is a Japanese technique. KAI means KAI means KAI means good KAI means change
186 Kaizen word is formed from two change & good & ZEN & ZEN means None of the above & ZEN means
characters KAI and ZEN in ZEN Means change GURU good
which Means good

187 Quality Management components Quality Quality Control A & b None A & b
are Planning
188 The Example of Indirect Tax is Wealth Tax Flat tax Income tax Excise Tax Wealth Tax
189 The Function of material Material Material Material Sales All of the Above Material Planning
management is Planning Marketing

190 Which is not the feature of ERP Inteqrated Common Data- Departmental Different Look Different Look For
System Base Access For Each Module
Each Module
Lead time is
191 Which is the correct assumption in Total Cost Known & Primary Cost None of the Lead time is known
EOQ constant above & constant

192 Forecasting of resources, expenses Shares Taxes Debenture Budget Budget

& revenues is over a
Specified future period

193 Procurement,Fund allocation and Personal Material Operation Financial Financial Managment
control of finicial resources Management Management Managenent Managment
Is concerned with.

194 Which type of capital is Requred Fixed capital Working Both (a) & (b) None of abvoe Both (a) & (b)
for business operation. Capital

195 At which place line organization is Small Military Government Tiny firms Government
not possible workshops Department Company company

196 Which is the first step in effective Establishing Training Goals Ego of speciality Goals establishment
delegation ? Responsibilit Establishment
y
197 Which is not the limitation of Political Decision Less productivity Unlimited Unlimited liability
public sector Interference Making is slow liability
198 Providing correct way of working Controlling Organising Directing Planning Directing
is
199 Position, designation, seniority Scaler chain Initiative Authority Centralization Authority
defines
200 Top agro industry in india is Fabindia Pidilite Dupont India None of above Dupont India

201 In which type of industry fiber is Chemical Health care Process Textiles Textiles
converted into yarn,then
Fabric

Which of the mentioned option is Departmentati

202 related to goal to reduce the Five -S ( 5S) on 6- Sigma ERP 6- Sigma
number of defects to as low as 3.4
parts per million.
Proper Planning reduces Planning is Planning improves
203 Which statement is wrong? planning risk Thinking after the processes Planning is thinking
Helps in failures after failures
motivating

204 Documentation is less in Proprietorshi Partnership Joint stock Co-operative Proprietorship

p Company Society

205 Service tax is exempted to Suppliers to Export services Services with All the above All the above
 SEZ Small turnover

Permanent Temporary
206 Equity share financing is source of source of funds Both None Permanent source of
funds funds

1.Span of control 2.stability 1 and b ,2 and 1 and c,2 and 1 and a,2 and b,3 1 and d,2 and
207 3.flexibility 4.Delegation match d,3 and a,4 b,3 and d,4 and and c, 4and d b,3 and a,4 and c 1 and d,2 and b,3 and
these facts with following a.work and c A a,4 and c
adjustment b.tolerate loss c.
Allocation d.reporting of
subordinates

208 Reporting structure is complicated Line Project Functional Line and staff Functional
in Organization Organization Organization Organization Organization
209 Line Organization is also called as Military Scalar Automated Both a and b Both a and b
210 The base of success of any project Planning Organizing Directing All of above Planning
of an organization is its

211 The blend of kindness and justice Equity Scalar chain Order Unity of Equity
in an organization is command

212 ………... Is important not only for Division of Authority Discipline All of above Discipline
the individuals but also for an work
Organization too.

213 …………. Has allowed companies Liberalization Globalization Privatization All of above Globalization
 to increase their base of
Operation
214 14 Principles of Management is Henry Fayol F W taylor P F ducker H Koontz Henry Fayol
contributed by

215 The segment which is known as Trading Allied sector Industrial sector Business sector Industrial sector
economy's goods producing sector
Segment

216 Legally are not allowed but Sleeping Secret partner Partner at will None of above None of above
still they may exist with the partner
Consent of other partners

217 Which one of the following is a Earthquakes Oily floors Daydreaming All of above Oily floors
cause of accident due to
Unsafe working conditions ?

218 ……………..is a universal lubricant Finance Capital Budget VAT Capital

which keeps enterprise
Dynamic.
219 ……………...capital includes long Fixed Working Block Both a and c Both a and c
term decisions.
Under sectioon 17 on the Income Salary and Allowance and
220 tax act 1961 and Salary and gartuity pensions None of above None of above
Comes under heads of salry wages
for which Income tax is applicable.
221 A is an instrument of used as Budget and Capital and Management and Resources and Budget and
an aid in Management Distribution Resources Management management
Planning,programming and control
of business activity.
222 Find the odd man out Kaizen Six Sigma 5's' C's' C's'
Match the following options l) ISO

223 9000-2000 i) Quality L-i. M-iii, n- L-ii,m-iii, n-i L-iii. M-i, n-ii L-i. M-ii, n-iii L-ii,m-iii, n-i
Management system guidelines m) ii
ISO 9001-2000 ii) Quality
management system vocabulary n)
ISO9004-2000 iii) Quality
management system requirements
224 Service industry is Sector in Primary Secondary Basic Tertiary Tertiary
Economy

225 The first step in decision making is Recognise Evaluation Analysis Finding out Recognise the
the Alternatives problem
Problem

226 When many functions are Authority Management Discipline Centralisation Centralisation
controlled by a central Authority, It
Is called as

227 Which is not the technique for Linear Simulation Out sourcing Dynamic Out sourcing
effecting decision making in Programme Programming
 Core company
Political Professionalis m Decision –Making Government
228 Which is not limitation of Interference is is very poor is slow support is less Government support
cooperative society more is less
229 Minimum Members in Private 2 5 10 20 2
limited company are

230 One Ambulance room should be 200 300 400 500 300
provided in a factory employ
More than workers
231 Zero based budgeting is based on Flexibility Function Mechanism None Mechanism
232 Custom Duty is charged on Vessels Currency Movable All All
Property

233 When stock is more than the Under stocking Over Stocking More stock None Over Stocking
required then ------------------ cost
Involves

234 PO in materials management Placement officer Post Office Purchase order None Purchase order
means

235 Which is the input to MRP On hand Bill of Material Both None Both
Inventory
Quality Quality Quality of
236 QMS means Management Measurement Measured None Quality
System System Standards Management
System
237 Which is not included in 5S Sort Solve Shine Sustain Solve
Aggressive Clear
238 The process to produce an effective Top management Implementatio n presentation of All All
QMS requires support of quality policy quality policy

239 Following is not a agro industry Sugar Poultry Paper Jute Paper

240 The quality of product made for ISO-2001 ISO-2000 ISO-9010 ISO-9000 ISO-9000
Liberalization and
Globalization
241 Father of scientific management is Fedrick W.Tailor Arthur Dunkel Henry Fayol Robert owen Fedrick W.Tailor
242 Decision making occurs as a Argument Problem Perception Expectation Problem
reaction to a

243 Check the result, Shows the Authority, Responsibility, Authority,author Responsibility, Authority,

result Responsibility Authority i Res Responsibility

Ty Ponsibility

244 The followings are invoved in Board of Clerks Workers Branch Branch Managers
Middle level of management Directors Managers

245 Demerit of Line organisation / High level of Lack of Decisions are Easy to Lack of
Scalar organisation is Discipline Specialisation Quick Understand specialisation

246 The downward flow of Authority is Responsibility Delegation Division of Authority & Delegation
termed as Authority Responsility

1st April to 30th 1st January to 1st July to 30th

247 Calendar year as per the Factory March 31st December June None of these 1st January to 31st
Act is December

In which act "The aims to provide Workmans

248 fair Wages to employed persons" Indian Factory Act Compensation Insurance Act None of these None of these
Act

Exhaustive Duplication of
249 Which one is the advantage of ERP It is time The cost is high training of users work, Duplication of

? consuming is required repetition of work, repetition

 work is of work is
avoided avoided

Cost of calling Cost of Cost for receiving

250 Procurement cost per order quotation inspection materials All All
includes

251 In graphical method of EOQ , the cost Total Cost Inventory Procurement cost None of these Inventory carrying
which is represented as Carrying cost cost
Straight inclined line is

Perparing the list Deciding the Arranging items Determining

252 Which is the first step in doing of all items policies In descening unit price Perparing the list
ABC Analysis ? order of all items
The safety stock of an inventory
253 item is 100. The supply lead- 100 300 200 400 300
Time is two weeks and the average
weekly demand is 100 units.
Which one is the re-order level?

254 The objective of TQM is To improve To improve To guide None To improve

Profitability Process Management process

255 Which is the main clause in ISO Management Resource Producy All All
9001:2000 ? Responsibility Management Realisation

256 The foudation of Kaizen, consists Quality circles Teamwork Both A & B None Both A & B
of
257 Which is not the stage in 6 sigma Standardisation Characterizatio Identification Optimization Standardisation
N

Size of the Nature of the Complexity of

258 Which factor decide the type of organization product being the problems All of above All of above
organization Manufctured being
Faced

259 Which of the following is the No delays Quick actions No confusion All are correct All are correct
advantage of effective decision-
Making ?

Making different
Defining goal of Defining mission long term
260 The functions of top level an organization or and vision policies for an All of above All of above
management are business organization

261 Insurance companies are growing at 1% 15% - 20% 0% 30% - 40% 15% - 20%
the annual compound
Rate of
Automated
262 Applications of Line organization Small businesses Military industries like All of the All of the above
Textile above

…… allows executive to give Delegation of Effective

263 opportunity to his subordinate to authority Responsibility Delegation All of the Effective
think,make work related decision, above Delegation
 and get developed

Mental Lack of training to Equipments for

264 Accidents because of management distractions workers safety are not Both (B) and Both (B) and (C)
are: Provided (C)
Payment of light
And telephone Advertisement and
bills, water selling expenses Payment of
265 Working capital is not required for charges, insurance, rent Furniture Furniture
municipality bills
Etc
 ………indicates the total sales in Office
266 the year, when goods sold are Opening stock Purchases Sales Administrative Sales
returned are referred as sales expenses

return

267 …….is a form of indirect tax Direct Tax Indirect Tax Service tax Income tax Service tax
imposed on specified services
Called "taxable services"
Material
Components Resource
and required planning is all Components
raw material about Both ( a ) and ( b and required
268 The major purpose of MRP are available in management of ) None raw material
right quantities resources are available
at right time required for in right
Production quantities at
right time

269 …..is a list of component parts and MPS MRP BOM ERP BOM
sub-assemblies needed to
Produce the final product

In ABC temof inventory control, Consumption Re-order levelof Maximum level of

270 the material is divided in A,B and Material value of each material material Consumption
quantity Material value of material
 C categories on the basis of

It ensures the Inspection Consistency in

271 Advantage of quality reliability costs are quality can be None of these It ensures the
management is Reduced Achieved reliability
There is Quality
Uninterruptible Increases the Custer becomes
consistency in productivity loyal to that There is
272 Benefit of QMS is quality of and profitability organization All of the above uninterruptible
products and in consistency in
Services Long term quality of products
and services

Top management
must make it sure
This clause that customer
covers defining requirements are
Includes of responsibility known and they
planing of the and authorities are met with an This clause covers
QMS for and its objective of defining of
273 Responsibility, Authority clause meeting the communication to continuously None of these responsibility and
of ISO 9001:2000 requirements everyone within increasing authorities and its
of the standard an organization customer communication to
and quality satisfaction everyone within an
 objectives organization

274 Which is included under fixed Plant set-up Water supply Land All All
capital

275 Which of the following provisions Health and Working hours Welfare of All of the above All of the above
are included in Factory Act ? safety Employee
Employee

Taking shortcuts and lack of Faulty layout or

276 adequate knowledge are causes of Workers Management Design of working Natural disasters Workers
accidents because of place

277 Types of accidents are : Minor Serious Fatal All of the above All of the above

278 Is an activity which defines Planning Organizing Staffing Controlling Planning

the steps of how and
When work will be done
effectively and efficiently.
279 #NAME? Trade Service Manufacturing Economics Trade

280 Functions of financial Allocation of Investment of Disposal of All of the Above All of the Above
management Funds Funds Surplus
281 Following service is not under Courier Telephone Banking Export services Export services
service tax
282 Which is the function involved in Purchasing Storing Distributing All All
materials management?

283 What is the pattern of care for A More attention Average Less attention No defined way of More attention

type of items? Attention Attention

284 Quality circle is a brain child of Fayol Ishikawa Juran Lee Tsing Ishikawa

285 The most important objective of By selling Customer Reduce the cost All of these Customer
TQM is product Satisfaction Of the services satisfaction

286 Each manager is a highly Line Staff Functional Matrix Functional

qualified specialist in a ------- Organistion Organization Organisation Organization Organisation
Organization.

Which of the following type of A Public A Retail

287 business organization is owned by A Partnership Limited Cooperative A Franchise A Public Limited
its customers? Company Company

All the following are characteristics There is a Profit are taxed Liability is They are the most
288 of the sole proprietorships except single owner twice unlimited Numerous type of Profit are taxed
business twice

289 In Automobile Industry, Territorial Product Customer Process Product

departments can be on the basis of---
--
 --

290 Determine how tasks is to be Planning Controlling Leading Organizing Organizing

grouped is part of which
Management function?
Who defined management as "the Mary Parker
291 art of knowing exactly what you Henry Feyol F.W.Taylor Follet Juran F.W.Taylor
want men to do and then see that
they do it in the
Best & cheapest way"?

Top Level Middle Level Bottom Level Middle & Bottom

292 Plans, policies & procedures are Management Management Management Level Top Level
the function of------ Management Management
The transfer of ownership of state
293 property into the hands of the Privatization Liberlization Globalization Domestication Privatization
private individuals by the sale of
state assets through
Auction is------------

Go for Make Offer products Create employment

294 The purpose of retail business is partnership Maximum and services Offer products and
to …. promotion services
 Maximiz Increase the wealth
295 A valid definition of a business Create a e profits Serve the society in the firm Create a customer
purpose is to . customer
Increased Better Huge amount of Increased
296 Following are the advantages of Internation Assess Foreign Competetion Increased Competetion
Globalization, except al To external investment
Cooperatio financing
n

Which of the following is a Private Primary Strict Financial

297 characteristic of a Public sector Ownershi Profit Control by None of the above Strict Financial Control
organization? p making Government by Government
Motive

Apprentices Factories Employees

298 Which act provides for Health hip Act Act 1948 Compensation All of the above Factories Act 1948
safety Welfare of workers? 1961 Act 1923

299 Workplace related injuries, illnesses Employers Employee Community All of the above All of the above
and deaths impose costs
Upon?

300 What is the minimum number of More than More than Less than 750 More than 1000 More than 1000
workers required in a Factory 100 500
For the mandatory appointment of
safety officer?
301 What is the minimum space to be 12.2 Cubic 13.2 Cubic 14.2 Cubic 15.2 Cubic Meters 14.2 Cubic Meters
allocated to each worker as Meters Meters Meters
Per the Factories Act 1948?

To conduct To integrate To conduct sound To help in designing

302 Which is the odd statement about Market and Overall investment capital structure To conduct Market and
objectives of Financial Sales survey Finanacia policies Sales survey
Management? l
Program
me

303 Capital budgeting is related to Long Term Short Term Working Capital Fixed Assets Long Term Assets
Assets Assets

The difference between Fixed cost

304 & Variable cost assumes Master Flexible Cash Budget Capital Budget Flexible Budget
significance in preparation of the Budget Budget
following budget-----------

An The The Investment

305 Value Added Tax (VAT) is a tax Emplyee Organizati Earnings Goods & Services Goods & Services
on? Earnings on Profits

306 Which of the following is a Procurement Risk Deployment of Control over the Control over the use of
function of the Finance Manager? Return Funds Use of Funds Funds
Trade Off
 Capital Productio Operating
307 Which of the following is not an Expenditure n Expenses Budget None of the above Production Schedule
element of master budget? Budget Schedul
e

308 EOQ is the quantity that Total Total Total Interst Cost Safety Stock Level Total Ordering Cost
minimizes Ordering Inventory
Cost
Controlling Flow of Ordering
309 ABC analysis deals with which of Inventory Material Schedule of Job None of the above Controlling Inventory
the following? Cost Money Cost Money
Cost of Cost of
310 Which of the following is not Transportation Receiving, Processing Storage Cost Storage Cost
Procurement Cost? Cost Inspecting Vendors invoice
& Stock
Material

The is the input to Material Net

311 Requirement Planning,which Bill of Requirement Inventory Assembly Time Chart Bill of Material

Lists the assemblies, sub Material Charts Records

asemblies, parts & raw materials

needed to produce one unit of
finsished product.
312 Which is not a component of Legacy Bolt Operational Cybersoft Cybersoft
ERP? System Applicatio Database
n

313 Which of the following is a Clustering Brainstormi Nominal Group Group Interview Brainstorming
highly structured technique, ng Technique
Designed to keep personal
interactions at a minimum?

Mr. XYZ is a manager in a

manufacturing company, he attempt Knowledg Operation
314 to establish a culture of quality e TQM Management MIS TQM
affecting the attitudes and actions Manageme
of every employee & relies on a nt
workforce that want to improve
quality. He focuses on
establishing-----

315 Six Sigma methodology is driven by Fit for use Cost driven Management by Conformance to Management by Fact
a Fact Specification
methodol
ogy
316 “No U Turn” sign board comes Seiri Seiton Seiso Seiketsu Seiketsu
under which “S” of the 5S?
317 When using ABC approach to stock High Value, High Low Value, Low Value, Low Low Value, Low Risk
categorization which of the High Value, High Risk
Following desirable class ‘C’ Risk Low Risk Risk
Items?

The The
quantities of quantity & Capcity needed Cost associated with The quantity &
318 MRP specify------ the product timing of to provide alternative plan timing of planned order
families that planned projected output releases
need to be order
produced releases

319 Which of the following is not Purchase Transport Import Duty Selling Cost Selling Cost
included in cost of inventory? Cost Cost

Components,
Time needed Production ingradients & Operation required
to perform schedules material required to produce an item Components,
320 A bill of material lists the----- all phases of for all to produce an ingradients &
production products item material required to
produce an item

321 Which of the following is an Income Tax Entertainm Profit Tax Wealth Tax Entertainment Tax
indirect tax? ent
Tax
322 Which of the following State Bank Reserve IFCI Punjab National IFCI
banks/institution acts as custodian of of Bank Bank
Nation’s foreign exchange India Of India
reserve?
It helps in It aims at

Which of the following is not It helps in Reduction planning & It helps in planned It helps in reduction
323 one of the main objectives of purchasing of in material controlling material purchasing in material

material management? standard purchasing materials purchasing price

items Price
 To maximize To maximize To maximize the To maximize the
324 The primary goal of financial the return the risk wealth of owner profit To maximize the
management is profit

325 A statement which reflects future Budget Profit & loss Balance Sheet Cash Account Budget
income & expenditure--------

Tries to secure for the Industrial Factory Act Workmen

326 workers employment conditions Disputes Act 1948 ESI Act 1948 Compensation Act Factory Act 1948
conducive to their health and 1947 1923

safety
Which of the following terms are
327 defined in the Workemen (i) & (ii) (i) (ii) & (iii) (i) & (iv) (iv) only (i) (ii) & (iii)
Compensation Act 1923? (i)
Dependant (ii) Disablement (iii)
Workman (iv) Seaman

328 Most of the industrial accidents Not Preventable Unavoidable None of the above Preventable
are : preventable
Which of the following are not
329 included in "Wages"? (i) (i) & (ii) (ii) & (iii) (iii) & (iv) (iv) only (ii) & (iii)
Dearness Allowance (ii) Bonus (iii)
House Rent Allowance (iv)
Basic Salary
330 Which of the following Washing Drinking Facility for sitting First Aid Appliance Washing Facility
provisions do not come under the Facility Water
“Welfare provision” in the
Factories Act 1948?

331 Line organization is not suited for Large Small Medium Both A & C Both A & C
--------------------------- type of
organization

332 Authority and responsibility are to Supplementa Complementar Contradictory Inconsistent Complementary
each other. ry Y

333 The maximum number of 20 50 100 No Maximum No Maximum Number

shareholders allowed in a Public Number
Limited Company is?

334 Out of following forms, which Line & Staff Committee Functional Line Organization Line Organization
form of organization is the Organization Organization Organization
Oldest one?

335 What is the term used to define the Division Departmentaliz Span of control Investment Span Span of control
number of subordinates Management Ation
Directly controlled by a manager?

To execute To take To take decision of

336 Which of the following is not the all plans of Decisions of To look after short term To look after
characteristic of top level the long term production job forecasting production job
 management? management policies

337 According to Fayol’s 14 principles Being treated Spirit of the Team work & Spirit of work Team work &
of management, ‘esprit de Fairly & Corporation Harmony harmony
Corps’ refers to which of the kindly
following?

338 All levels of management between Middle Fisrt Line Supervisors Foreman Middle Managers
the supervisory level & the Managers Manager
Top level of the organization are
termed as

Which of the following was To increase To increase To decrease To develop time &
339 the key aim of scientific Worker Productivity Absenteeism motion studies To increase
management? control of Productivity
Production
In the last one decade, which one Chemical Food Telecommunicatio n
340 among the following sectors other than Processing Service Sector Telecommunication
Has attracted the highest foreign Fertilizers
direct investment inflows into
India?

341 Which is not one of Fayol's Authority & Line of Globalization Unity of Command Globalization
principles: Responsibilit Authority
y
 LPG is aimed at making the Efficient Transperency Reduced
342 India as fastest growing Utilization of Process Corruption All of the above All of the above
competitive economy Resources

through
343 Business firm emphasis on Customers People Target Groups Suppliers Target Groups
attracting new------
A sales person can access the
344 warehouse, inventory and delivery MRP MPS BOM ERP ERP
to give a customer a quick update
on the status of his
Order through---------------

Trend in Dispersion in Lack of attention

345 The quantity sigma indicates the the data by workers Average Dispersion in the data
process

Six Sigma is based on understanding Product by Department by

346 & improving processes on a basis Product Department Day by Day Project by Project Project by Project

The ISO 9000:2000 standards Guidance for

347 consist of three documents of Fundamental Requirements Vocabulary Performance Requirements
which ISO 9001 pertains to: s Improvement

Close An environment
348 To achieve quality (i.e., defect free coperation Commitment in which quality All of the above All of the above
 products and services), we require- Between can flourish
------ management
&
Satff

349 Every subordinate should receive Unity of Unity of Centralization Scalar Chain Unity of Command
orders from & be Decisions Command
Accountable to only one superior
is-------

350 Management & Administration Same Different Same & Diferent Partly Same & Partly Same &
are------ Partly Different Partly Different
352 Henry Fayol laid down----- 12 Principles 13 Principles 14 Principles 15 Principles 14 Principles
The manager of multinational A Postal A A nominal An Electronic
353 company is located in France, Service Brainstorming discussion Meeting An Electronic Meeting
India, Brazil & USA, which Transaction session
decision making technique seems
most reasonable for this
organization?

354 Men, Money, Material & Factors of Resources Budget Cost Analysis Resources
Machines are included in Production Preparation
Globalization is the process of Spread of
355 integrating national economies into Communicat Technology Transportation None of the above Spread of Technology
the international economy ion
 through trade, foreign
Investment, migration and
356 Management is ------- Art Science Art & Science Humanities Art & Science
How How resources Location of Policy Statement How activities are
357 Organization structure primarily activities are are allocated Department & defined by firm coordinated &
refers to Coordinated Offices controlled
& controlled

358 Line organization follows method Scalar Chain Unity in Open System Closed System Scalar Chain
of communication Command
 The number Specialist skills More Financial Any Financial
359 One disadvantage of forming a of May be Capital is usually Losses must be Any Financial losses
Partnership is? Partners are itroduced available shared must be shared
limited

360 Functional organization is suited for Persons Machines Product Process Product
limited number of ---------

Two firms One firm Two firms come

collborate Licences its Two firms merge together to form a Two firms come
361 A joint venture can be defined as: together on intellectual together third, legally together to form a
a specific property to separte firm third, legally separte
project Another firm firm

362 A Textile industry, departments Territorial Product Customer Process Process

can be on the basis of--------
Who has Who is less Who is more than Who is more than
363 Who is an adult as per Factories completed 18 than 18 year 14 years 16 years Who has completed
Act, 1948? Years of age 18 years of age

Any Productive Person working Efficiency &

364 The word labour means . Workman Activity for salary Productivity of Any Productive
Labour Activity
Preparation of Planning for Preparing
365 Financial planning deals with: Financial Capital Issues Budgets All of the above Preparing Budgets
 Statement

A forecast of A forecast of Concerned with

366 Operating budgets are: A forecast operating Expected The income Concerned with the
units of expenses operating generating income generating
production expenses activities of Firm activities of Firm
367 Which of the following is not the Income Tax Sales Tax License Fee Excise Duty License Fee
form of tax revenue?
368 Which of the following is not a Cash in Hand Cash at Bank Debaters Creditors Creditors
current asset

369 Which class of elements in ABC A B C Unpredictable C

analysis is generally large in
Number?

Lowest level of Lot corresponding Lot most

370 The economic order quantity in Optimum lot inventory to economical to Optimum lot size
inventory control refers to size BEP Process
Financial What Labor hour
371 A master production schedule Resources Component to What product to required for What product to be

specifies required for be made & be made & when production made & when
production when
Which of the following input data
372 are needed for MRP ? (i) (i) (ii) & (iii) (ii) (iii) & (iv) (i) (iii) & (iv) (i) (ii) & (iv) (i) (ii) & (iv)
Master Production Schedule
 (ii)Inventory Position (iii)
Machine Capacity (iv) Bill of
Material

373 Six Sigma principle which is a Geinichi Edward Philip Crossby Joseph M Juran Edward Deming
philosophical benchmark or Taguchi Deming
Standard of excellence proposed
by----------
374 Select the odd one which is not Response Reliability Reputation Reassurance Reputation
the dimension of quality
Which "S' of 5S involves cleaning
375 the floors, the walls and the Seiri Seiton Seiso Seiketsu Seiso
equipment and ensuring all items
are restored to their
Designated place.

376 In which industry Quality Circles Bharat Bharat Heavy Bharat Heavy Bharat Earth Bharat Heavy
in India were first Electronics Electricals Ltd. Plates & Vessels Movers Ltd. Electricals Ltd.
Introduced? Ltd.
The company should exceed the Lean
377 customers expectations and lease Globalization TQM MRP Manufacturing TQM
him. This means giving the
customer more than he ever
Thought possible. It is the
 ultimate goal in--------

378 Reliance Industries Ltd. Is a form Single Partnership Private Ltd. Joint Stock Joint Stock Company
of, Ownership Company

379 Which is the first step in Assignment Aims are Identifying Formulating plans Aims are determined
organisation forming? of Determined Activities
Duties
Deviation Authority is Deviation from
380 Due to unity of direction, from defined Work is divided delegated Teams are formed defined path is
path is prevented
Prevented
381 Esprit De Corps refers to Team Work Planning Co-ordination Authority Team Work

382 Out of mentioned below , which Human Financial Growth Technology Growth
is not the input of resources Resources
Management?

383 Which organisation is at number Max Life Birla Sunlife LIC ICICI Prulife LIC
one position in India in
Insurance?

384 VAT started in maharashtra from 2003 , 2004 , 2005 , Importers 2006 , Telephone 2005 , Importers
and Banking Exporters
Business is liable according to
VAT.
385 Cushion between supply and Material Inventory Sales and None of above Inventory
demand is called as - Management Management Purchase management

386 Determines quantity and EOQ ERP SAP MRP MRP

Plann timing for material
ing

The participation of all the

387 members in an organizing, aiming Quality Quality Total quality Quality team. Total quality
at long term success through control assurance management management
customer satisfaction for the
benefits to all members & to the
society is known as

According to ISO 9001, inspection Document Control of non-

388 and testing comes under Process control conforming Servicing Process control
control Products

Preventation of Evaluate whether

389 What is quality assurance? Rejecting the Defectsin Detection of the end result is Preventation of
final product. product or errors or defects satisfactorily. defectsin product or
process process
Each module Each department is Integrated system
390 Which of the following is not a It has a Has the able to acess the which functions on Each module has the
feature of ERP? common data different look system real time. different look and
And feeling feeling
391 Which of the following is output Purchasing Capacity plan Cancellation All the above. All the above.
of MRP? plan & Notices
Schedule

392 Which of the following are TQM, SAP, MRP, JIT, ERP MQC, ERP, MRP, MQC, JIT MRP, JIT, ERP
modern techniques of material ERP & & BOM & & SAP
Management? QC SAP & ISO ISO
393 The amount actually demanded Working Overdraft Paid -up capital Called-up capital Called-up capital
against the shares is…. capital
Lot size

394 In inventory control theory, the Average level Optimum lot Capacity of a Corresponding to Optimum lot size
economic order quantity is of inventory size warehouse break-even
analysis
395 Reserves and Surplus is also known Retained Share Capital. Dividend. None of the Retained Earnings.
as / is a part is Earnings. Above.

396 When a person gets salary a certain Sales tax VAT Income tax Wealth tax Income tax
amount of tax is deducted
At the source as per rules of that
financial year -

The term " Account Recievables "

397 come in Investments Goodwill. Current liabilities Current Asset. Current Asset.
With reference to the term `
Debtors`
 Variance report is the difference Material Planned Cash budget & Purchase budget &
398 between the outcomes of a cost& labour budget & fixed budget. overhead budget. Planned budget
company cost Actual budget & actual budget

If a bar bender working on a Yes eligible & Not eligible &

construction site meets some Not eligible Under under workman`s Yes eligible & Yes eligible &
399 accident during his holiday when & Under workman` s compensation under minimum under workman` s
he is called for extra work and minimum Compensation act. wage act. Compensation act.
losses his one left leg. Is is wage act act.
eligible for any accident
amount? And under what act?

Training to Increase Guarantee of

400 Industrial acts are useful workers. production Overconfidence. employee welfare. Guarantee of
for……… employee welfare.

Line & Functional Line, staff & Line, staff &

401 Type of organization preferred to staff organization Line organization Functional functional
steel industry is organizatio organization organization
n

402 The meaningful exchange of Delegation Co-ordination Controlling Communication Communication

information between two or
More participants is termed as

Tata motors, Hindustan motors Private Public Government Private -public

403 Private organisation.
 contribute in the development of organisation organisation organisation. organisation
the society has which type of .
organisation.

404 Tenneco Automotive India refers Private limted Partnership Ownership Co-operative Private limted
to which type of company- Company Company Company Company company

405 Grouping the activities or Centralizatio Departmentati Delegation Communication Departmentation

operations of an enterprise into n On
Various unts is refered as-

406 The unbroken line of authority Stability Remuneration Scalar chain Team spirit Scalar chain
from highest to lowest level is
Known as-
407 Man power planning is a function Organising Staffing Co-ordinating Directing Staffing
of-
In a XYZ company if the raw

408 material required for Lower Middle Top management None of these. Top management
Manufacturing a product is not management management
available on the given time, due to
insufficient funds . Which level of
mananagement is responsible ?

409 Military type of organisation is Line Functional Line & staff Project Line organization
known as organization Organization Organization Organization
410 HSBC is a Public sector Schedule bank Nationalised Foreign bank Foreign bank
Bank Bank

411 Framing broad policies in a Lower Top Middle None of these. Top management
company is concerned with Management Management Management

412 Following is a goal oriented, Organising Planning Co-ordinating Staffing Planning

continious forward looking,
Choice making & integrated
processs
Increase Better acess to Threat to
413 Advantage of Globilization is International External terrorism Both i & ii Both i & ii
……. Co- financing
Operation

414 To encourage competition and to WHO LPG GATT IPR GATT

remove trade restrictions a
Policy was established in 1948
415 In first car was driven on the 1790 1857 1898 1909 1898
roads of India
416 Manufacturing sector contributes % 5% 30% 15% 25% 15%
India
417 Meaning of is right to command Stability Authority Scalar Chain Initiative Authority

418 Out of mentioned below is not the Desired Goal Technology Status in Market Technology
Achievement
 output of management results

419 The structure of organization Scope of Number of Span of control All of the above All of the above
depends on Functions Employees

420 Maximum members in co- 50 100 500 No limit No limit

operative society
Are

421 Who gets affected directly or Worker Industry Family of worker All All
indirectly due to accidents ?
422 Which is indirect tax Income tax Excise Sales All All

423 Collection of taxes is concerned in Capital Revenue Both None Revenue Budget
Budget Budget

424 A' type of items has % 10 - 20 % 15 - 25 % 40 - 50 % 70 - 80 % 70 - 80 %

importance due to
Consumption in ABC analysis
425 Inventory carrying cost include Storage Cost Insurance Both (a) & (b) None Both (a) & (b)

426 Which is not the disadvantage of Cost is high Time Slow decision Difficult to learn Slow decision

ERP? Consuming Making Easily making

427 Quality is defined by Manager Engineer QC in charge Customers Customers

Finance
operating Pay wages and Establish good Decide basis for
428 Working Capital is required to losses salaries to relations with expenditure of Pay wages and
particularly in employees existing financers capital salaries to employees
the initial
years of
business.
 If any accident occurs on the premises of any
employer which results in death of an employee or
serious bodily injury to an employee, the employer
429 must within days of the death or serious 8, Collector 7,Commissione r 10,Inspecto 11, Doctor 7,Commissi
bodily injury, send in the prescribed form a report to r oner
the for employee's compensation
giving circumstances .
430 In which year the value added tax was introduced 2001 2005 2000 2002 2005

431 What are the types of Capital Fixed and Favourable and Small and Fixed and Fixed and
Unfixed Workable Big working working

432 A document that authorizes one to carry out a Factory act Safety Work Lethargy Work
specific job is Schedule permit permit
Called :
433 Fire in industry is due to: Short circuit Fuel Ignition All of the All of the
above above

434 Suggest a Suitable form of ownership for a bicycle Public limited Private limited Partnership None of the None of the
repair above above
Business.

435 A Company can be formed by Public limited Private limited Partnership None of the Private
Minimum 2 and maximum 50 members. above limited
Medium and
436 Line and Satff Organisation is Suitable for Small large Large Non od the Medium
Enterprises Enterprises Enterprises above and large
Enterprises
437 Who developed a theory on Motion Study Taylor James watt Gilberth Peter Druker Gilberth
438 Is a policy making function Production Plan Work Administratio Administrat
n ion

439 Which one of the following is not a service Hotels & Transportation Hospitals Manufacturin Manufacturi
industry Restaurents g ng

440 Which one of the following is not a process Cement Steel industry Food Heavy Heavy
industry industry industry Engineering Engineering
441 India adopted LPG Policy in 1950s 1980s 1990s 1970s 1990s

A and a are the two major books Diary and Journal and Ledger and
442 used to maintain accounts Journal and Maintenance ledger maintenance Journal and
Diary Book book ledger

444 Excise duty can be levied on those goods which Manufactured Sold in India Removed None of the Manufactur
are in from above ed in India
India The factory

Particularly
445 C items in ABC analysis are: Reviewed critical in Ordere Often Often
frequently. financial terms. d managed by managed by
frequent the supplier. the supplier.
 ly.

A system to A classification Reasonable Using an

446 Which one of the following is not a requirement for keep track of System for Estimates EOQ Using an
effective inventory inventory on inventory of holding Model for EOQ model
Management? hand items and determining for
shortage order quantity determinin
costs g order
quantity

Also called part lists or building lists is MRP (Material BOM ( Bill of MPS ( ERP
447 the document generated at the design stage Requirement Materials) Master (Enterprise BOM ( Bill
Planning) Producti resourse of
on Planning Materials)
Schedul
e)
Requires

Controls the Maximizes Explosion Minimizes the Requires

448 A material requirements planning (MRP) system: "A" items. inventory. of the bill use of data. explosio
of material n of the
as the basis bill of
of material
Planning. as the
basis of
 planning.

Is the task of buying goods of right

449 quality, in the right quantities, at the right time Supplying Purchasing Scrutinizin None of the Purchasing
and at the g above
Right price
An ERP system automates much of the “back-
450 office” work Information Employees Customers Database Database
Involved in fulfilling customer demand. “Front-
office”, in this context, refers to :

451 Which of the following document is included in the Quality policy Customer focus Commitme All of the Quality
quality nt above policy
System
Focusing on Striving for Involveme
452 Characteristics of total quality management customer continuous nt of the All of the All of the
include: Satisfaction. Improvement. entire above above
work
Force.

453 Which of the following is the example of Quality Circle Training and TQM None of these Quality
empowerment Development Circle

Analyze, Analyze, Define, Define,

454 Six Sigma methodology defines three core steps. improve, control design, verify measure, measure, Define,
 analyze control measure,
analyze

455 The ISO quality assurance standard that applies to ISO 9000:2004 ISO 9001:2000 ISO ISO ISO
software 9002:2001 9003:2004 9001:2000
Engineering is

456 Income tax is paid by individual to central A direct tax Wealth tax Property Service tax A direct tax
government is tax
.

457 Which of the following is negative effect of the Monopoly in Increased Job Technolog Improved Monopoly
Globalization? Business Opportunities y Economy in business
Transfer
458 Following is not the textile industry Arvind Welspun IBP Century IBP

To reduce To increase To avoid

459 Out of following which is not the objective of uncertainty productivity heavy To get money To get
good plan? mental money
Pressuress

460 Are Balaji Telifilms,Bank of Government Public Public All of the Public
Maharashtra,Bata Departments Companies Corporatio above companies
India Limited,Bharat Fertilizers Ltd etc. ns
461 Could be manager,organizer,adviser,or Sleeping Active partner Secret Nominal Active
controller. Partner partner partner partner

462 Which source of income is specified under - IT Salary Business profits Income All All
 act, 1961 from
Capital gains

Is the percentage of net earnings

463 which is not paid out as dividends, but retained or Retained Depreciation Deferred All of the Retained
kept by the company for reinvesting it for core earnings provisions taxation above earnings
business or to pay debt.
 Is an agreement in which
464 customer can Credit facilities Trade credit Shares Debentures Trade credit
Purchase goods on account that is
without paying cash or paying the
supplier at a later date.
Interest is Debenture
Debentures carry payable only holders have no Interest is payable
465 Which is worng statement? a fixed rate of when there is control on affairs All only when there is
interest profit of the company profit
To store
To produce or Material from Preparation of Both (
466 The objective of the purchasing store right right and purchasing Option i & Both ( Option i
material reliable budget ii) & ii)
supplier
Easy to

467 Which is not the advantage of ERP? Implement Easier decision- All functions are System carries Easy to implement
without any making inter-connected all data without any
training training

Statement 1 - Quality circle is a problem Both 1 and 2 Both 1 and 2 1 correct, 2

468 solving technique Statement 2 - Quality correct wrong wrong 1 wrong, 2 1 correct, 2 wrong
circle is responsibility of management correct

When a worker works for hours in

469 a day or for more than 48 hours in any More than 9 Less than 9 More than 8 Less than 8 More than 9
week, he shall be entitled to wages at the
Rate of twice his ordinary rate of wages.

As per factory Act, a factory is a place

470 which uses electricity for manufacturing 10 workers 20 workers 30 workers 40 workers 10 workers
process with minimum workers.

Single ownership
471 In firm there could be two or even (private Partnership Joint stock Cooperati Partnership
more than two partners are there who undertaking) companies ce
share all profits and expeneses. organizati
on

Heavy pressuress Complication Differences of

472 Which is the correct limitation of project of work of functions opinions All of the All of the above
organization? above
473 The is also known as working partner. Sleeping Partner Active partner Secret partner Nominal Active partner
partner

Bothe
474 Line and Staff oraganization is Horizontal Vertical Horizontal and None Bothe Horizontal
Vertical and Vertical

475 Which of the following is part of Leadership Communicatio Motivation All of the All of the above
Directing ? N above
476 There are three conditions or factors that Certainty Risk Uncertainty All of the All of the above
affects decision above
Making as follows:

477 Management is getting the things done by Henry Fayol Drucker Mery parker Fayol Mery parker
others is said by

478 Hospitality industry categories Food and Accommodatio Travel and All of the All of the above
Beverages Ns Tourism above
Shamrao Vitthal State Bank of Central Bank of Reserve Bank
479 Indian central bank is Co-oprative india(SBI) India(CBI) of Reserve Bank of
Bank (SVC) India(RBI) India(RBI)
480 Following is the main destination for India USA Pakistan Australia India
capital inflows
481 Tax revenue comes from Income Property Commodities All All
482 India's Tax structure is in nature Progressive Aggressive Cumulative None Progressive

Are the term used to indicate Office

483 purchases made during the year for the Opening stock Purchases Sales administrative Purchases
purpose of sale. When goods purchased expenses
are returned is referred as purchase
return.
Include maintenance of Office
484 office, administration and Opening stock Purchases Sales administrative Office
 management of the company or Expenses administrative
Organization. expenses

485 Minimum capital required for day to day Block capital Fixed capital Seasonal working Permanent Permanent
functioning is called Capital Working working capital
Is capital
486 Examples of office and administrative Telephone Telegram Postage All of the All of the above
expenses are above

487 Is an intelligent activity Purchasing Purchasing Procurement Purchase Procurement

includes decision Department order
Making, selection of vendors etc.

488 Slow, never ending, continuous QA QC TQM Kaizen Kaizen

improvement in all aspects of
Life is

489 Agriculture provides employment to almost 40 70 50 None of 50

% of Indian above
Work force.
490 Which one is backbone of Indian Banking IT Textile None of Banking
economy? above
491 Hospitality falls under sector. Public Retail Service None of Service
above
492 Which one is a long term goal? Plan Innovation Operation Vision Vision
493 The broad objectives and policies are Regional Marketing Chief Executive Production Chief Executive
decided by: Manager Manager Officer Manager Officer

Predetermine
Critical activities duration and Details of design Predetermine
494 Gantt chart represents- in a project actual progress of a project None of duration and actual
of activities above progress of
activities
Good or salaries motivate people to
495 work efficiently and make them satisfied Unity of Discipline Remuneration None of Remuneration
and eventually they become loyal to direction them
The organization.
 Utilisati
on of The policies
How to the of governance The policies and objectives of an
496 Arya Chanakya's Arthashatra work organiza of a kingdom organisation. The policies
written in the 3rd century BC efficiently tion's and people of
provides guidelines for- and strength management governance
effectivel s and of a kingdom
y the and people
importan management
ce of
disciplin
e

Predefine Right Effective

497 The main components of d, clear division communication All of the above All of the
organization are: policies Of system above
and authori

procedure ty and
s respons
ibility

498 Which type of companies collects Private Public Both i and ii None Private limited
the capital from private limited limited
Partners?
 The mainly focuses on the Line Functional
499 specialized area of the person Line and organization All of the above Functional
and the person does the same job. organizati staff organization
This is also known on organiz
As staff organization type. ation
Match the pairs- 1. World bank a.

500 No barriers to trade 2. 1-a, 2-b, 1-c, 2-b, 1-c, 2-b, 3-a, 1-c, 2-d, 3-a, 4-b 1-c, 2-d, 3-a,
International Monetary Fund b. 3-d, 4-c 3-d, 4- 4-d 4-b
Monetory policy 3. World Trade A
Organisation c. Basic health and
education 4. Reserve Bank of
India d. Currency convertibility

501 Which fire fighting device is it? Fire Fire Fire None of these Fire
hydrant mains extinguisher extinguisher

502 No adult worker shall be required Monday Thursda Weekly None of the above Weekly
or allowed to work in a y holiday holiday
Factory on

Knowledge of and is Total Account,

503 sufficient to understand the size, revenue, Profit, Revenue Profit, Expenses Total revenue,
scale and financial position of a Net profit Loss Net profit
business. (loss) (loss)
 Minimize Updated Accurate
504 What is function of inventory? the lead record record All of the above All of the
time keeping keeping above

Cost of Cost to be Cost required for Cost

505 Freight cost means- packaging Inspecti paid by Movement of material required
of on cost customer for
material movement
of material

Economy Continit Prompt supply Prompt

506 What do you mean by services to is buying y to of None of these supply of
customer? custome Finished parts finished
rs to customer parts to
customer
507 Red tags are used in which step of Set in Sort Standardise Sustain Sort
5 "S" ? order
Group of Individu

508 What is Brainstorming? Techniqu al Both (A) and None of these Both (A) and
e to create Techniq (B) (B)
new ideas ue to put
on act new
ideas on
act
 Find the correct order for the
509 sequence stages for development 2,3,1,4 2,1,4,3 1,2,3,4 2,1,3,4 2,1,3,4
of quality management. 1. Quality
Control 2. Inspection 3.Quality
assurance 4.Total quality
management

Informati Informa Information Information Technology Energy Services

510 What does ITES stands for ? on tion Technology Information
Technolo Techn Education Technology
gy ology Services Enabled

Extended Enabl Services

Service ed
Servi
ces

511 Can be called as "leading", Planning Organiz Controlling Directing Directing

"motivating", "actuating" and ing
So on

512 Which one is the process of Leading Controll Supervision Management Management
getting activities completed ing
Efficiently and effectively with
and through other people.

513 Advantage of centralisation : Greater Greater Greater None of above Greater

 quality control fluency control
Of work
514 Which type of authority figure Process Line Staff Functional Staff
refers to:
What sort of company is Infosys
today? Well there are shares Public corporations
515 Of company which are traded in a Private Public Government Public Limited
stock market people can buy and limited Limited
sell them. The company started in
July 1981, at Pune with a capital
of Rs. 10,000/-. At that time it
was a Private limited company.

Preventive measures that can be Atmos Danger Working with Safe workplace Safe
516 taken related to working pheric ous unsafe speed And working conditions workplac
environment are conditi fumes e and
ons working
condition
s
517 Financial activities are Planning Budgeti Raising All of the above All of the
ng above

518 The amount to be collected by a Shares Capital Management None of these Shares
company is divided in equal
 Number of parts known as -------

When the company has confirmed

519 export order and is in need of Export Import Import None of these Export finance
finance, the banks provide short finance duty Finance
term credits known as -
The term means a loan in which

520 the lender buys and owns Bank Hire Equipment All of the above Equipment
Equipment and then rents those loans purchas leasing leasing
equipments it to a business at e
some flat monthly rate for
particular period or certain
number months.

521 The purchasing function plays the Vendor, Organiz Vendor, Organization, Vendor,
role of mediator between control ation, Organization Vendors organization
And for purchase of Control
material.
522 Which one is a control chart ? Q chart M chart C chart S chart C chart

To To
523 The first preference in the attempt develop To the To give training To the
components of TQM is and make quality customer customer
continuou of
s products
improve
ment
 Data Problem
Collection and Solving and Data Collection Problem solving Data
524 Observe the figure and find out the missing Analysis, Analysis, and Analysis, and Analysis, Collection and
steps - Review and Review and Policy making policy making Analysis,
Decision Decision Review and
Decision

525 Decision making means- Taking Solving the Selection of All of the above All of the
decisions Problem Proper key above

526 Is an activity which defines the steps of Directing Planning Organizing Controlling Planning
how
And when work will be done effectively

527 Management causes- Mis- Wastage of Mis- None of above None of above
Communicati Resources coordination
on

528 Which is not the advantage of globalization Competition Foregin Loss of culture None of the Loss of
Investment above culture

529 Banking sector involves Regional Private Banks Commercial All of above All of above
Banks Banks

530 Name the leval Organisationa Scientific leval Strategical None of the Strategical
l leval above leval
Leval
 Division Proper
531 The Principles of organization are- Span of &grouping of delegation of All of above All of above
control Work Wok

532 Indetify the Organization structure Departmentati Administration Functional None of the Departmentati
on Organization above on

533 What is proprietorship ? Combined Partenership Individual None of the Individual

Ownership Ownership above ownership

534 More than 20 person are involved in…….. Joint stock Partenership Both i)&ii) None of the Joint stock
above

535 Accidents due to lack of maintenance of plant Machine Natural Management Worker Management
is because Disaster
Of

536 In which year was Factory act enacted to ensure 1952 1948 1975 1980 1948
the safety of
Workers?

537 Improves the safety in an industry Good house Reduced noise Material All of above All of above
Keeping Level handling
System

538 An unsecured loan that one offers to company as a Shares Debentures Stakes None Debentures
creditor is
Known as
539 Is a method of buying goods by Bank loans Hire purchase Sale and lease All of the above Hire purchase
making Back
Installment payments over the period of time

540 Vijay received a car in his marriagefrom Income tax Gift Tax Service Tax Estate Tax Gift Tax
relatives of his
Uncle.Which tax will be applied on him

541 Contains an estimate of direct Production Labour budget Fixed budget None of above Labour budget
labour Budget
Required in industry

542 Which inventory includes the raw material In-process Finished Indirect None of above None of above
required for Inventory Inventory Inventory
Industry ?
543 Which is the ERP software from below list SAP Peoplesoft Tally ERP None of above None of above

544 What does the graph indicates EOQ analysis ABC analysis Purchasing All of above ABC analysis
Analysis
545 DMAIC' concept comes under which method 5' s Six sigma Kaizen TQM Six sigma

546 Which is the standard for quality management None of ISO:9001:2008 ISO:9001:2000 ISO:9001:1996 ISO:9001:200
system below 0

547 Fill in the stages of DMAIC Measure Manage,Indicat Manage, Measure, Measure,
,Include E Improve Improve Improve
Created and established the'5's
548 Technique Gilberth F.W.Taylor Henry Feyol Prof. Sam Ho Prof. Sam Ho

549 Has helped in increasing environmental L-P-G Globalization Liberalization Privatization Globalization
Protection in developed nations.

550 In an organization as a blend of kindness and Scalar chain Order Equity Unity of Equity
justice. Commands

551 Produces best result in terms of Communicati Motivation Leadership All of the above Motivation
productivity. on
552 What is the function of administration ? Planning Motivating Decision All of the above Decision
making making

553 If specialization or is not used , the work done Discipline Division of Authority and All of the above Division of
Cannot be satisfactory. Work Responsibility work

554 Generally flow of chain or direction of chain is Scalar chain Centralization Discipline Unity of Scalar chain
From highest organization authority to the Commands
lower ranks

555 Identify the process from figure Coordinating Decision Motivation Controlling Decision
Making making
556 Is accountability . Authority Responsibility Banking All of the above Responsibility

557 Allows bending and blending without Flexibility Balance Stability None of the Flexibility
experiencing any above
Grave setback or delay

558 Are Life Insurance Corporation of India Public Government Public All of the above Public
 (LIC) Corporation Departments companies corporation

Government No limitation Government

559 In Joint stock private Limited company provides for business ensures control Both i and iii No limitation
capital Activities for business
activities

560 Workman Compensation Act came into force 1st January 1st July 1925 1st June 1924 1st July 1924 1st July 1924
from 1924

561 Following is the health provisions Fencing of Washing Cleanliness All of the above Cleanliness
Machinary Facility

562 Is the life blood of a business enterprise.It VAD Budget Capital Finance Capital
is a
Universal lubricant which keeps an enterprise
dynamic

563 Is used for all the current assets(Possesions Net working Gross working Temporary Permanent Gross working
or Capital Capital Working Working capital capital
Property) capital

564 For big industries , the amount of is very Depreciation Retained Deferred All of the above Deferred
large. Provision Provision Provision provision

565 A is one which relates to any of the function Functional Fixed budget Variable All of the above Functional
of an budget budget budget
Undertaking e.g sales , production , cash , etc.
566 Is a form of Indirect tax imposed on Service tax Indirect tax Direct tax Income tax Service tax
specified
Services called " Taxable Services".

Is made oup of list of the sub assemblies Master Material resource Inventory record
567 as well as components that makes up the Production Bill of material planning file Bill of
end product . schedule material

Identify ways Increases the

To increase Cycle time for

568 Apllication of six sigma are Maximize production hiring and All of the Identify ways

quality capacities of training new above to increase

present employees in production
Equipment Organization capacities of
present
equipment

Objective Objective related

569 A quality policy makes a foundation for Commitment to related to customer All of the All of the
quality improvement requirements above above

570 A plan for the co-ordination of resources and Accounts Finance Ledger Budget Budget
expenditures

571 Which one of the following is not a type of Cumulative Fixed share Deferred share Preference Fixed share
share share share
572 The sum that every shareholder gets is Amount Dividend Shares Capital Dividend
known as
573 Person whose age is below 18 years is Dependent Workman Minor None of above Minor
called a
574 Industrial accidents are of the following Fatal Major Minor All of the All of the
types: above above

575 In order to have flexibility,the maintenance Co-ordinate Adaptive Supportive Financial Adaptive
activities must be
Supported by ---activities

576 Departmenatation helps to improve of an Effectiveness Life Quality Skills Effectiveness

orgnasation.
577 A business plan depends upon the Product Material Finance Market Market
information of

578 Is the right to issue order or make To manage Government Supervise Authority Authority
decisions Policy

579 The function of employing eligible people for Planning Staffing Stretegy Mission Staffing
the company
To acquire To satisfy To create and
580 According to Drucker the purpose of To get money success in customers keep To create and
business Market customers keep
customers
581 What does a business provide to the custmer Goods and Profit and Satisfaction and Knowledge Goods and
in exchange of Services Services Reliability and services
Their money Happiness

582 Main heads of income are Salary House property Profit in business All of the All of the
above above

Working Working Working

Capital=Current Capital=fixeda Capital=Current Working
583 Working Capital is calculated as Assets-Current ssets-Current Assets-Fixed None Capital=Cu
Liabilities Liabilities Liabilities rrent
Assets-
Current
Liabilities
584 Which are the most important items A item B item C item None of these A item

585 Fill the name of inventory in the blank space Raw material Indirect Work in progress Finished goods Indirect
provided Material material
586 Purchasing is one of the funcion of Production Material Design None of these Material
---------------------------management
In inventory management by ABC analysis
587 A items most costly,item C are inexpensive Item A Item B Item C Item A and C Item C
and item B have cost between A
And B which item is having highest
 inventory

588 State owned or Co-operative businesses have (a) Loss (b) Profit (c) Service the (d) none (c) Service
one of their Society/nation the
Main objectives as the generation society/nation
of………….

A commercial, industrial of professional

589 activity undertaken by an individual or a (a) Budget (b) Business (c) Hospital (d) Education (b) Business
group, e.g. The purchase & Sale of goods,
providing services etc. In an attempt to make a
profit is called

590 Following are mentioned few duties.Which is A)To keep B)To reduce C)To motivate D)To do D)To do
not the duty of Stability Wastages Staff Manufacturing manufacturin
Management? g

591 …………gives power in the hands of A)Responsibility B)Centralisatio C)Authority D)Discipline B)Centralisati
centre. N on

592 Which of the following is one of the principles Order Span of Control Scalar Cahin None of the Span of
of organization? above Control

593 Which type of organizational structure can be Line Line & Staff Functional None of the Line
applied to small above
Scale Industry?

Repairing of Setting up Jobs Deciding cutting

594 What is the function of Gang Boss? Machines on Machine tool and speed Inspection Setting up
Jobs on
Machine

595 Which of the following is type of By Product By Design By Quality None of the By Product
Departmentation? above

596 Which of the following is not a form of Joint Stock Proprietorship Partnership Dealership Dealership
ownwrship?

597 Which of the following may be the cause of A)Overconfidenc B)Proper C)Sound D)None of the A)Overconfid

accident? e Training Knowledge Above ence of

Of employee employee

A)Proper C)Proper D)None of

598 Which of the following is preventive measure working B)Proper wages feedback system the above A)Proper
of accident? condition working
condition

599 Finance may be defined as art & science of Managing Managing Managing Men Managing Managing
……….. Material Money Machinery Money

600 Fixed capital is the capital which is needed to Short term Long term Medium term None of the Long term
meet the……….. Purpose Purpose Purpose above purpose

601 Balance sheet is a statement of…………… A)Assets B)Liabilities C)Capital D) All of the D) All of the
above above

602 A fee levied by a government on a Tax Duty Fines None of the Tax
product,income or activity above
Is called as…………
603 Excise tax are Tax whereas A)Inland,Border B)Border,Inlan C)Higher,lower D)None of the A)Inland,Border
custom duties D Above
Are ....taxes

604 Percentage of total inventory for A)less than 10% B)10-20% C)70-80% D)None of the A)less than 10%
"A" category material Above
Is………….
A)Material, Manag B)Men,Machin C)Management,
605 The five great "M" of Ement,Money,Me e,Money,Mater Marketing,mater D)None of B)Men,Machine,

management are thodology,Mobilit y ial,Method i the above Money, Material,

al,Mobility,Me Method
n

606 Inventory Control is concerned A)Acquisition B)Storage & C)Use of D)All of the D)All of the above
with…………. Handling Inventories above

A)Order quantity & B)Purchase cost C)Procurement D)carrying cost C)Procurement cost
607 Total Cost is calculated by adding carrying cost & selling cost & carrying & tax & carrying cost
Cost Cost

608 Objective of Quality Circle is…. To identify To solve the Both a & b None of the To identify problems
Problems Problems above
International

Indian Standard Organization for Indian International International

609 ISO stands for……. Organization Standardizatio n Organization for Standard Organization for
 Standardization Organization Standardization

610 Which of the following words A)Sorting B)Straighten C)Shining D)Safety D)Safety
does not include in 5S?

611 Which one of the following is the A)Banglore B)Hydrabad C)Chennai D)Mumbai A)Banglore
leading software exporter
From India?
612 Reduces uncertainty A)Working B)Planning C)organising D)Leading B)Planning
613 Is the judgement of future A)Forecasting B)Planning C)Mission D)organising A)Forecasting

614 The process of inspiring the A)Motivation B)Teamwork C)Management D)Leadership A)Motivation
subordinates to put in their best is
Known as

615 Which is not type of A)Voice mails B)publications C)formal D)listening D)listening
communication Presentation

616 The process of A)Coordinating B)controlling C)leading D)organising B)controlling

monitoring,comparing &
correcting is
Called

617 For a manager,to control or direct A)Line authority B)responsibility C)Referent D)Staff A)Line authority
the work to an power authority
Employee,the manager must have

618 Who is responsible for the actual Top management Board of Misddle Frontline Misddle
 operations of various Directors Management Management management
Departments?

619 Getting work done with a minimum Efficiency Effectiveness Productivity Palnning Efficiency
of effort,expense or waste
Is the definition of

620 Day as per factory act is : 6am to 6pm Period of 12 Period between None of the None of the above
Hours 2 above
Midnights

621 Financial management aims at Financial control Control of cash Management of All of the All of the above
Earnings above

622 Working capital is the capital Day to day Short term Long term None of the Day to day
which is needed to meet Transaction Purpose Purpose above transaction
The…………

623 Budget is the projection of Cash Sales Material Capital Cash

cash inflow & outflow for Expenditure
A particular time period in future
624 The balance sheet shows A)sales B)company C)production D)owner B)company
liabilities & assets of the

625 Inventory control means timely A)true B)false C)cant predict D)partly true A)true
availability of all kind of
Materials
626 5"S" designed to Organise work Increase Create a safe All of these All of these
Efficiency Work place

627 Cause and effect diagram is used Problem Field visits Vendor surveys Problem Problem analysis
in Identification analysis
To protect the

628 Why safety is necessary in Employees from To minimize To increase All of the To protect the

Industry? injuries or accident wastage productivity above employees from

injuries or
accident

629 Daily working hours of an adult 6 hours 8 hours 9 hours 10 hours 9 hours
worker should not exceed

630 How many members are required Minimum 7 Minimum 2 Minimum 3 None of the Minimum 7
to start a public limited above
Company?

Which of the following should Nature of the Date of starting Shares of profit
631 be included in partnership deed? business partnership and losses All of the All of the above
above

632 In private limited company 100 150 50 60 50

number of members are limited to

633 Business owned by single person is Proprietorship Private limited Partnership Joint stock Proprietorship
known as
634 Proportional development of each Balance Stability Flexibility Progress Balance
department means

635 Passing down some work to his/her Delegation Flexibility Authority Responsibility Delegation
subordinates is known
As

636 Which of the following function Planning Coordinating Decision making Staffing Staffing
of management includes
Recruitment?

637 Which of the following includes in Directors CEO General All of the All of the above
Top level management? Manager above

638 Which of the following post Director Branch Foreman Supervisor Branch Manager
comes under middle level Manager
Management?

639 Frank B. Gilbreth worked on Human relation Time and Daily Balance None of the Time and Motion
Motion study Sheet above study
640 Government established SEZ are Textile Industry Banking sector IT Industry All of the IT Industry
for motivating above

Which of the following is Rashtriya Krishi National Food National

641 programme undertaken by Vikas Yojana Security Horticulture All of the All of the above
Government of India? Mission Mission above
642 Producing more useful product Trading Service Designing Manufacturing Manufacturing
from raw material is known
As

Insurance Industrial Industrial

643 Financial Institutions companies Financial Development All of the above All of the above
management corporation

Shares do not Shareholder is

644 Shares means have maturity The real owner of Only a Both a& b Both a& b
period the company.
It have fixed
Unsecured bonds Rate of interest &
645 Debentures is an issued by fixed maturity Only a Both A & B Both A & B
company. period.
Shows
Departmental
budget & Gives
Shows Shows quality and total no of
646 Productions budget shows productions quantities estimation All of the above All of the above
production,
scheduling of
operation
Maximum Retail Material Material Reliable Management of
647 MRP is Price Requirement Planning Resource Project Material
Planning Requirement
Planning

648 ABC is Always Better Always Basic Always Better None of the Always Better
Control Control Concept above Control

649 The cost represented by material 20-50% 25-50% 30-60% 25-45% 20-50%
fluctuates and may comprise
Between % of the total project
cost.

650 5. Percentage of total inventory for Less than 10% 10 to 20% 70 to 80% None of the 70 to 80%
‘C’ category material is above

Team work, trust

651 Which of the following is not a Continuous and empowerment Establishing clear Identify Establishing clear
key feature of TQM? improvement specification customers and specification
their needs

A) Legal Process B) Limited C)Limited D) Last Procedure

652 LPO stands for --. Outsourcing Process Outsourcing Procedure Outsourcing A) Legal Process
Outsourcing Outsourcing

653 Annual growth of approximate is A)10% B)30% C)20% D)5% B)30%

recorded in last five
Years by service industry.
 Increased Huge amount Access advanced Access to external
654 Following is not advantage of competition Of foreign technology financing Increased
globalisation investment competition
655 Following is not principle of Initiative Scalar chain Staffing Responsibility Staffing
management-

656 Can be defined as the process Communication Leadership Motivation All of the above Leadership
by which a manager
Guides and influences the wotk of
his subordinates
657 The process transforms plans Planning Organizing Directing All of the above All of the above
into reality
Easy

658 Advantages of line organization Communication Almost no Working speed in All of the above All of the above
are among employees cofusions exists fast

659 Which is not the effect of Production Injury to body Loss of job Financial loss Production
accident on the worker ? Stoppage stoppage

660 Internal sources are Retained earnings Depreciation Deferred taxation All of the above All of the above
Provisions

Time required for Credit facilities Credit facilities

661 The amount of working capital manufacturing/se offered by offered to the All All
required depends on lling the product suppliers customers
662 The budgeting process usually Master Sales Materials Direct labour Sales
begins with a budget

663 Is an instrument of Finance Capital Budget VAT Budget

management used as an aid in
Planning , programming and
control of business activity

Is the process of verifying or Quality

664 determining whether products or Quality assurance Quality Control Quality circle management Quality assurance
services meet or exceed customer
expectations

665 IT sectors involves ITES Telecommunic Both i&ii None of above Both i&ii
Ation

666 Heanry foyal proposed no. Of 10 20 14 30 14

principle of management
667 Gives power in the hands of Responsbility Centralisation Authority Dicipline Centralisation
centre

668 Concetration in work is possible by Unity of cammand Responsbility Stability Authority Stability

669 Meeting is the Written Non verbal Formal Both i&ii Formal
communication

Because of Better quality of

670 Merits of functional organization specilization,resp Expert advice can products can be All of the above All of the above
onsbility are fixed be received produced

671 Which are the essentials of Organizational Delegation Integration All All
organization Chart

672 Minimum number of directors in 7 2 10 3 3

public limited company are
673 Short term sources for finance are 0 to 1 year 1 to 5 year Above 5 year None 0 to 1 year
required for
674 Important terminologies related to profit and Opening stock Purchases Sales All All
loss account

675 C' types of items of inventory are generally 20 30 50 80 50

%of all
Inventories
676 Procurement activity is and takes more Simple Complicated Difficult None Complicated
time

677 The keeps a track of inventory status for Lead time BOM Inventory Product Inventory record
each items in record structure file
The database File

Interest on Up keep
678 Carrying cost consists of capital Storage cost inventory All All
investment

679 Quality can not be Compromised Enforces Invisible None Compromised

Discipline

680 Adopts the policy of zero defect . There is Deligation Globalisation TQM EOQ TQM
no scope for
Rework and rejection.

681 Realise on the use of normal 5S Six sigma ERP EOQ Six sigma
distributions to predect
Defective rates
682 May result in 25 to 30 suggestion per Kaizen 5S TQM Six sigma Kaizen
employee , per year
And over 90 % of those are implemented .
Small concerns Automatic &
683 Line organization is suitable for free from continuous A&b Larger A&b
Complexities Process enterprises

684 The process of grouping is known as Specialization Departmentati Coordination All of above Departmentation
On
685 Span of control may vary between 1 to 10 5 to 7 2 to 20 All of above 2 to 20
686 Follwing is not a type of organization Project Line Process Functional Process

Science, not Harmony, not Cooperation,

687 Scientific management could be rule of thumb discord not All of above All of above
summarized as individualism

688 Henry Fayol is the father of Principle of Functions of Theory of None of above Principle of
Management Organization Management management
689 Middle management includes Superintendent Supervisors Owners Foreman Superintendents
s

690 Administration consist of deciding Group of Goals Policies B&c B&c

persons
691 Following is not a function of management Forecasting Directing Motivation Purchasing Purchasing

Providing
692 Organising has following objective Assigning suitable physical Indicating the All of above All of above
peoples to factors relative
activities authority
693 Which is a example of process industry BHEL Ranbaxy Raymonds RCF Ranbaxy
694 Which is the example of trader Sub dealer Distributer Retailer All of above All of above

695 Business is a legally recognized organization Goods Money Services Goods & Goods &
which provide services services

696 A public limited company is an association 7 10 20 50 7

of a minimum
Members

697 Which is a category of cause of accident Social Environmental Personal B&c B & c
698 Minimum rates of wages may be fixed by By the hours By the day By the month All of above All of above
699 Followings are fixed capital Furniture Land Equipments All of above All of above

700 Financial statements include Profit & loss Ledger book Balance sheet Both A and C Both A and C
Statement

701 Sources of working capitals are Land Dividends Long term B&c B&c
Borrowings

702 A right granted to an individual or group to Trade credit Franchising Cash credit Discounting of Franchising
market a bill
Company's product within a certain
territory is
703 Which of the following factors affect a Inventory Plant capacity Continuity of All of above All of above
production budget policies Production

704 A detailed list of movable items which are Purchase Inventory Balance sheet Account Inventory
required for order statement
Manufacturing is
Avoid over- To maintain To keep Avoid over-
705 Which is the operational objective of Stocking & Investment in material B&c stocking &
inventory management under- inventory Cost under under- stocking
stocking control

706 ABC analysis is based on the principle Vital many- Vital few-trivial Only vital Only trivial Vital few-trivial
trivial Many many
Few
707 % of total consumption cost for B class 15 to 25 10 to 12 50 to 60 95 to 100 15 to 25
items is

Departmenta Make-to-stock
708 EOQ can be used by l stores manufacturers A&b None of above A & b

709 Elements of quality circles are Top Facilitator Middle A&b A&b
management Management

710 A nominated senior person of an area & Coordinator Facilitator Circle leader Member Facilitator
ought to catalyze &
Stimulates the quality circles is
711 Defect rate in 3 sigma level is 6210 66807 405 233 66807

712 Which is not a type of working capital? Temporary Gross working Legal working Net working Legal working
Working Capital Capital Capital capital
capital

713 A--- is a book or computer file in which all Budget Journal An Account Ledger Journal
monetary
Transactions are originally entered.

Equipment and
714 Fixed capital is required for --. Land Machinery Building All All

715 Which is not included in "Wage" under Gratuity Travelling P.F All All
"Minimum Wages Allowance
Act"?

From following types of act which is not a Workmen

716 type of Industrial Act? Factory Act Rowlatt Act compenation All of the Rowlatt Act
act above
 Effective Buisness life is
717 Which is not the advantage os No Autocracy Division of Easy to form longer. Easy to form
joint stock compaany? work
For highly
718 Functional organisation is suitable SSI Specialised LSI MSI & LSI For highly
for--------------------------- --. work specialised work

719 Which type of organization Line Functional Line and Staff None of the above Line and Staff

structure is shown below? Organization Organization Organization Organization

720 About 'Sleeping Partner' which Do not share They do Do not active Also called as Do not share profit
statement is wrong? Profit / loss Investment in Silent partner / loss
Daily work
721 What is like a brake system in Management Planning Controlling Directing Controlling
automobiles?

722 Insurance which provides protection Volcano Terrorism Wind Storm Crop Insurance Wind Storm
against loss or damage Insurance Insurance Insurance Insurance
Caused by hurricanes..?
723 It is not a type of Buisness Service Manufacturing Trade Hospitality Hospitality

724 Bonds/Debentures or Team loans Share Capital Other long Reserves and Long term Other long term
from Banks are called as------ Term liablities Surplus Provisions liabilities
-.

725 Goodwill,Brands/trademarks,Compue Tangible Capital work-in- Intangible None Intangible Assets

r Software ,Mining Progress
 Rights,Copyrights & patents are Assets Assets
known as------
726 #NAME? MRP MPS ERP TQM ERP

727 Economic Order Quantity of Carying Costs Lead time Re-order level Maximum level Carying Costs
material takes into account
Ordering costs and --.
728 Modern Technique of Mateial ISO MRP TQM EOQ MRP
management is --------------- --.
729 Order costs and Carrying costs are --. Fixed Variable Semi-Variable Indirect costs Variable
A long term A short term Not an
730 One of the principles of TQM, Investment or Investment or Investment or None of these A long term
Quality is --------------- --. asset asset asset investment or
asset

Sort-Set in Sort-Set in Sustain- Set in order-

731 5S includes the phases in order- Shine- Order-Shine- Standardize- Standardize-Shine- Sort-Set in order-
following order----- Sustain- Standardize- Shine-Set in Sort-Sustain Shine-Standardize-
Standardize Sustain order-Sort Sustain

732 The occupation of a farmer falls Primary sector Tertiary sectory Secondary Manufacturing Primary sector
under Structurs Sector

733 The sector of India attracts the Chemical Pharmaceutical Textile Information Information
highest foreign Technology technology
Investment
734 The relaxation of rules and Liberalization Privatization Modernization Industrialization Liberalization
regulation on industries is known
As

735 The author of principles of F.W.Taylor Harold koontz Mary follet None of the above F.W.Taylor
scientificmanagement was
736 The fourteen principles of Henry Feyol F.W.Taylor Gilberth Juran Henry Feyol
managent were put forth by

737 Forecasting is Thinking Judgement of Thinking Deciding in Judgement of

before Future during Advance future
Doing Doing
738 The right to issue orders or make Responsibility Authority Supervision Controlling Authority
decisions is called

739 Ashoka hotel near by house is Proprietorship Partnership Public sector Joint Stock Proprietorship
owned by my friends father ,it Company
Is example of

My friend met with a car accident Mechanical Natural Cause of

740 because the brakes could not be Causes of an an accident Human error All the above Mechanical causes
applied this can be termed as which Accident of an Accident
form of accident

741 Various Cost associated with Holding cost Procurement Resource Inventory cost Procurement cost
ordering and receiving goods are Cost Planning
 Known as

742 The integration process of business EOQ ABC Analysis ERP None of the above ERP
management is called

743 Customer should be the focus is an Total quality Quality control Quality I, ii, iii, and iv Total quality
important attribute of Management assurance management
All those who

744 The helps in finding the key Pareto's chart Are working in All those who Brainstroming Pareto's chart
cause of a problem the organisation are managers

Rajesh is an working for state Order from

745 electricity board, he has to Licence Work permit the local None of the above Work permit
Attend a complain,before going to authority
atttend the complain he has to
take.
Share holders There is no Shareholders
One is the Become the difference. become the
Identify the major difference One is contribution of owners of the owners of the
between share and debenture borrowed from the individual company and company and
746 the bank the the other is from debenture debenture holders
other one from public holders are the are the creditors
public creditors of the of the compnay
Compnay
747 One of the following is not a part of Production Bill of materials Inventory Details of the Details of the
material resource planning Schedule records Employees employees

748 In ABC analysis items are costly A items B items Citems None of the above A items
and significant

749 It is not one of classification of Raw Inventory In process Finish All of the above . All of the above .
Inventory, Inventory inventory

Equipment
750 Which of the following is a fixed Equipments and Payment of andf plant Transport and Equipments and
capital,? machinery cost employees maintenance cost shipping expenses. machinery cost

751 Causes of accidents can be, Technical cause Mechanical Personal factor All of the above . All of the above .
Cause

752 Is the ability to influence or to Power Authority Position Efficiency Authority

cause a person to
Perform and act.

753 Which are the aims of forming an Team work Combined Responsibility All of the above All of the above
organization? Efforts on
All
754 The first and foremost activity of Designing Organising Planning Staffing Planning
management is ,
755 Which is not the part of 4 M's Man Motivation Machine Money Motivation
management,
756 GATT is created in 1950 1947 1948 1951 1947
757 The WTO gave a real boost to Globalization Privatization Liberalization Industrialization Globalization
theprocess of,

758 TQM believes in systematic training Quality Quantity Accidents None of the above Quality
as a need for
Achieving
Higher rate of Motivated Continued
759 Which of the following is not benefit Customer employees improvement None of the above None of the above
of QMS,? satisfaction
760 Quality is a concept Relative Vacuum Absolute All of the above . Relative
Government Joint stock
761 LIC of India is an example of, Single ownership Partnership Owned public company Government
limited owned public
limited

762 First step in decision making is , Finding out an Evaluation Analysis Recognize the Recognize the
Alternatives Problem problem

To prevent exploitation of the The payment of The minimum The workmen's The industrial
763 employess,this act aims at fixing wages act,1936 wages act,1948 Compensation dispute act,1947. The minimum
 minimum wages which they must act,1923. wages act,1948
get,

764 Following table is an example of Direct labour Material Purchase budget None of the above Direct labour
which type of budget.? Budget Budget budget

765 X' company has all database related to Human Resource Sales and Finance All the above Human Resource
employees working Marketing
With them.It has employed which
ERP module?
Identify the business sector which A) Service B) manufacturing
766 make a product from raw providers C) trade D) none of these B) manufacturing
Material or a component parts ,
which then they sell at a profit
from the following lists of
business sectors.

767 What do you mean by " A) an art B) science C)An art and D) None of these C)An art and
Management"? Science Science
768 Who has enlisted Principles of A) F.W.Taylor B)Henry Fayol C) Dr. Juran D) Adam Smith B)Henry Fayol
Management ?

A) Small Scale B) Medium C) Large Scale

769 Line Organisation is suitable for - Industries Scale Industries Industries D) All of the above A) Small Scale
Industries
770 The function of management by A) Planning B) controlling C) Motivating D) Directing D) Directing
which it transfers its ideas
And information to subordinates is
called :

771 Which of the following are A) Discipline B) Initiative C)Division of D) All of the above D) All of the
Principles of Management ? Work above

772 Name the factors in deciding Functional Specilisation Types of Products All of the above All of the above
structure of organisation Organisation

773 Line Organisation is observed in Joint stock Any medium Military All of the above Military
which of the following Company Scale company
Organisations ?

774 Which of the following are forms of Sole Partnership Joint stock All of the above All of the above
Ownership ? Proprietorship Companies

775 Heat Treatment shop ' in Kirloskar Departmentation Departmentati Departmentation Departmentation Departmentation
industries is an example of - By function On by product By process By location by process

Figure shows organisation structure of Departmentation Departmentati Departmentation Departmentation

776 one of the departments of ABC Cars by function on by product by process by location Departmentation
Limited . Identify the Method of by product
Departation ?

777 Which of the following are types of A) Minor B)Fatal Only a A and b both A and b both
accidents ? Accidents Accidents
 Which of the following are silent A) Finance and B) Contribution D)None of the
778 features of Employee's State Insurance Audit and benefits A and b both abov A and b both
Act ,1948 ?
A) Workmen's B) Industrial Minimum wages D) Income
779 Find the odd one out from the Compensation Dispute act Act ,Payment and D) Income
Industrial Acts listed below : Act,1924 ,1947 Wages Act. ,Payment and
Wages Act.
In a Medium scale industry , while

780 operating a machine a A) Hospitalisation B) Permanent C) Major D) Death D) Death

Worker was seriously injured . He Diasability fracture
was immediately taken to hopistal
but he is affected by fatal accident .
What do you mean by fatal accident
?
B) Wealth
which yields
A) Funds available income or helps C) Funds required D) Circulating B) Wealth
781 Capital can be defined as - with owner in the for establishing capital available which yields
production of an organisation with organisation income or helps
further income in the
production of
further income
 Sales Forecast
Which of the following points Income from sales and Expenses for Products likely to
782 highlights Sales budget of an and sales advertisement be sold and All of the above All of the above

organisation ? expenditure salesmanship

A) Excise Duty
783 Indirect tax includes- ,Custom Duty and B) Income Tax C) Wealth tax D) Gift Tax A) Excise Duty
VAT ,Custom Duty and
VAT

784 Canons of Taxation should have- Equity and Certainty and A and B Both None of these A and B Both
Economy Convenience
Figure shows a format of Annual A) Production C) Financial
785 Budget of KGTD Blow Plasts Limited. Budget B) Sales Budget Budget D) None of these B) Sales Budget
Identify the type of budget to be filled
in at the blank
Space provided in budget sheet.

A) Material B) Purchasing C)Warehousing

786 Identify the functions of Material Planning and and and Material D) All of the above D) All of the
Management- Scheduling subcontracting Hndling above
 In ABC Analysis which of the
787 following inventory needs full A)C B)A C)B D) a and b both B)A
Record -keeping treatment and a
regrious observation on stock
positions of these items ?
In an automobile industry the
various items are classsified into B) Re order level
788 'A','B' and 'C' . In which item A A) Material of each material C) Consumption D) All of the C)
needs full record keeping , item B Quantity value of material above Consumption
needs medium record keeping value of
treatment whereas item C may not material
require much record keeping. In
this system of inventory control
the material is devided into A,B,
and C on
The basis of-

789 Which of the following is Orderliness and Quality of TPM None of the Orderliness and
constituent of Total Quality Panctuality Inventory above Panctuality
Management ?

790 Which of the following refers to a 5S Six Sigma Kaizen All of the above Six Sigma
solution of efficient
Knowledge Management ?
 An organisation need a

791 documented procedure to control Factory Act ISO: 9001 Minimum Wages Workmen's ISO: 9001
Quality documments. In that case Act Compensation Act
everyone must access to up - to-date
documents and be aware of how
to use them, is a clause -
A) 5)Presentation of A) 5)Selection of
Figure shows Working Model of solution to B) 5)Discuss all best solution 7) A) 5) Selection of A)

792 Quality circle of Manufacturing Management , 7) the solutions, Presentation of best solution 7) 5)Selection of
Industry working on a tooling Selection of best 7) Selection of solution to Test the solution best solution
problem.couple of the important solution best solution Management whithin Q.C. 7)
step no 5 and 7 are missing in the Presentation
model. of solution to
Correctly identify the steps from the Management
options given below.
Figure shows Principle of 5 'S' refers

793 to Japanese words which A) S2-Sort , S4 - A) S2-Systemize A) S2- Solve , S4 - A) S2-Systemize , A) S2-Sort , S4
Have been translated into English Systemize , S4 - Sort Systemize S4 -Solve -Systemize
language. Fill in the appropriate
words in the figure at S2 and S4 so
as to complete
5'S' principle.
794 Which of the following is not a Base metals Plastics Automobiles Petroleum Automobiles
part of process industry?

Laying out plants,designing and

795 manufacturing machines for Industrial Civil Mechanical Chemical Industrial
industry is done by engineering
industry

796 The significant activities of Coordinating Decision Motivating All of the above All of the above
management are ---------------------- Making

797 Scientific management is one of the Behavioral school Systems school Classical school None of the Classical school
areas of ------------------------ above
-- school

The number of people working at Depends on the

798 the lower level is --------------- More Equal Less type of More

- than that of higher level Organization

Decision Making necessary

799 Duties of administration are ------ Policy making making adjustments All of the above All of the above
----------
800 Quality of leadership is ------------ Forward-looking Intelligent Honest All of the above All of the above

Group is leaded Important tool

801 Organization has following by executive Of management Small or large All of the above All of the above
characteristics leader is organization group of people
 Establishing
Realationsahip for
the purpose of The process of Defining and
enabling people to identifying and delegating
802 Organization can be defined as --- work most grouping the responsibility and All of the above All of the above
-------------------------- effectively work to be authority
together in performed
accomplishing
objectives
The makes a Line and staff Functional
803 combination of the line Line organization organization organization All of the above Line and staff
Organization with the staff organization
departments that helps and advice
line departmets
The partner who contibutes
804 capital,shares profit and losses of Nominal Partner Minor Partner Sleeping Partner Secret Partner Sleeping
The firm but does not contribute Partner
in day to day activities or affairs
of the firm is called --------------

805 The Life Insurance Corporation of Government Public Public All of the above Public
India (LIC) is Departments Companies Corporations corporations
Company "X" has limited number Joint stock
806 of share holders and the private ltd. Ownership Cooperative Joint stock public Joint stock
Scope of business is limited Company Company organization ltd. Company public ltd.
where as company "Y" has Company
unlimited number of share holders
and has a huge scope of business.
So "Y" comes under which
category?

807 Which out of the following is not a Non-use of safety Leaking acid Protruding nails Broken safety Non-use of
mechanical factor or cause Devices. Valve. Guards safety devices.
Of accidents ?

809 ------------------ = Total current Gross working Net working Permanent Temporary Net working
assets - Total current liabilities Capital Capital Working capital Working capital capital
The ------ depends upon the ability Variable
811 to perfect Fixed budget budget Functional budget All of the above Fixed budget
Income,sales or shipments with
atleast a no provision is made for
any changes may occur during
period.
Short term
812 What comes in the empty box? Retained earnings Source of Personal funds Fixed Assests Short term
finance source of
finance
 All the person working in the
817 organization ( including MRP TQM Globalization EOQ TQM
Managers & Workers ) Should be
involved in
operation

818 Quality is a relative term & is used Product Quantity ERP MRP Product
with reference to the end
Use of

819 Inventory consist of Raw material Work in Finished Products All All
Progress
820 A medium to long term debt Shares Debentures Fixed Deposit All Debentures
instrument bearing fixed interest
Issued by a company is referred
to as ..
821 Tax charged by insurance Income Tax Works Tax Service Tax Excise Duty Service Tax
company on policy is
822 Tax being charged on value Custom Duty Sales Tax VAT All VAT
addition are called
823 Custom Duty, Import Duty, or Direct Tax Indirect Tax Fixed Capital Working Indirect Tax
Export Tax is a part of Capital

824 Inventory belongs to Fixed Capital Working Fixed Liability None Fixed Capital
Capital

825 Machinery Head belongs to Fixed Capital Working Fixed Liability None Fixed Capital
Capital

826 Safety in an industry is the Manager Works Workers All of the above All of the above
responsibility of Manager

Minimum Wage Indian Factory Act Workmen's

827 Irregular Salary to the employees Act Compensation All Minimum Wage Act
comes under which act Act

828 Which is not included in the Bad construction Untrained Bad habit of Faulty Bad habit of
cause of accident due to Of Plant Workers Workers Equipments workers
Management
829 No. Of Subordinates handled by Span of Control Responsibility Authority Delegation of Span of Control
one manager effectively Authority
Termed as

830 Which one is an example of Co- Reliance Amul Dairy Ind. Samsung India All Amul Dairy Ind.
operative Company Industries Ltd., Ltd.

831 In which type of company the Proprietorship Partnership Joint Stock All Joint Stock
liabilities is limited Company Company

832 Leadership, Communication , Control Organising Co-ordinating Directing Directing

Motivation, Supervision is a
Function of
833 Following is not the Principle of Authority Discipline Equity Planning Planning
Management

More Authority More Authority & Less Authority &

834 Chief Executive Officer has & More less Responsibility More Less Authority More Authority
Responsibility Responsibility & less & More
Responsibility Responsibility
835 Defining a problem is a first step Decision Making Organizing Planning Directing Decision Making
of
836 Function of Management does not Planning Organising Co-ordination Observation Observation
include

837 Dr.Mccregar is famous for Theory X and Productivity Co-ordinated Task & Bonus Theory X and
 Theory Y Theory Work theory Theory Theory Y
Buying goods &

838 Trading business means Buying a Raw Selling a finished Selling them All Buying goods
Material Goods without any & selling them
processing without any
processing
Liberalization ,

839 LPG Stands for Liquid Petroleum Privatization, Liquid Petrol & None Liberalization ,
Gas Globalization Gas Privatization,
Policy Globalization Policy

840 People of entire world are unified Nationalism Globalisation Industrialization All Globalisation
into a single society and
Function together called as

Improves Higher employee

841 Total Quality Management mean Reputation Morale Lower Cost All All

842 In Six Sigma Quality Improvement Increases Decreases Not dependant None Decreases
Programme As the Level of
Sigma increases defect rate will

843 Which of the following are main Quality of design Quality of Quality of Quality circle Quality of design
element of quality Performance Products

844 RBI stands for Reserved bank of Reccessive Retail Bureau of Reserve bank of Reserve bank of
 India Bank of India India India India

845 ABC Company is a time-sharing Hospitallity Banking Health care Service Hospitallity
company, means they are into -
-------------- business.

846 Ministry of Human resource IT Service Trade Engineering Service

Development is a part of ------------
---------- sector.
847 Management is-------------- Science Art Profession All of the above All of the above

848 Vice President -Production will Top Middle Lower Top -Middle Top
come in
Level of management
849 Board of Directors are a part of Authority Controlling Mnagement Administration Administration

XYZ company says "we are an Unity of

850 equal opportunity employer for Espirit De Corps Direction Team work Equity Equity
progress of society and
employees", means they follow

851 All rounders are seen in Line organisation Partnership Line and Staff Project Line organisation
Organisation Organisation

852 Specialist are seen in Line organisation Joint Stock Line and Staff Project Line and Staff
Company Organisation Organisation Organisation

853 PQR Company produces shampoos Function Product Process Function and Product
 of various fragrances. Process
Hence their departmentation will
be by
Mr. Y is a partner in MZ firmm.He

854 is always ready to provide Lazy Active Sleeping Non working Sleeping
Finanace ,but never contributes in
decion making process. But legally
is binded in case any legal action is
been taken on the firm. Hence he is
partner
855 Factories act came into force 1948 1949 1976 1st April 1949 1st April 1949
from

If a factory employs more than1000

856 workers, it should appoint a Safety officers Welfare officer Security officer None of the Safety officers
qualified to carry out prescribed above
duties.

857 Patents' are a form of Working capital Fixed Capital None of the Net working Fixed Capital
Following Capital
Central Board of Control Board of Central Board of Central Board
858 CBEC atands for Exact and Excise and Excise and of Excise and Central Board of
Customs Customs Customs Customers Excise and Customs

859 Assets' are preferrably seen in Budget Balance Sheet Profit and Loss Production Balance Sheet
Statement Budget
860 -----Is a multi point system of VAT Income tax Customs Duty Excise Tax Excise Tax
taxing
If the fixed monthly income of
861 Mr. Kiran is Rs. 50,000. Rs.120000 Rs. 70000 Rs. 350000 Rs. 50000 Rs. 70000
Mr.Kiran is of age 62 years.Hence
he will pay income tax of

862 BOM needed in materials Bill of Machines Bill of Business of Bill of Money Bill of Materials
management stands Materials Materials
For

Inventory Interest on the

863 Carrying cost means Maintaining cost Storage cost Capital invested All of the above All of the above
in the inventory
The optimum quantity of orders
864 that minimizes the inventory MRP ERP EOQ ABC EOQ
Carrying cost and ordering cost is
given by
technique
Customer Supply Chain
865 An ERP can have the following Human Resource Relation ship Management All of the above All of the above
modules Management
Primaware is power company
866 having global presence and MRP TQM ERP BOM ERP
 Good business. As a consultant
to the company for better
material management you will
suggest

867 QC stands for Quality Control Quality Circle Quantity Control Quality Core Quality Control

868 Aspects of quality Good design Good After sales All of the above All of the above
Functionality Services

869 Right at first time means Six Sigma TQM Quality Quality TQM
Assurance
870 In KAIZEN "KAI" means Good design Good Change Change for Good Change

871 Goods or cash invested to generate Finance Capital Liabilitities Budget Capital
income from business or
Property is /are
872 Minimum wages act was passed 1923 1936 1961 1948 1948
in the year:

First-aid appliances Improper

873 Safety provision/s for workers under Overcrowding ventilation and None of the above None of the
Factory act 1948 is/are Temperature above

874 Indian railways is a : Government Government Public company Joint stock Government
Department Company Company Department
Safety equipments Oily and greasy Ignorance of Unsuitable
875 Accident caused by worker is not floor safety procedure illumination Ignorance of
because of : Being provided safety
procedure

876 Principle/s of Organisation is/ are: Effective Effective Effective All the above Effective
Delegation Discipline Directing delegation

877 The partner who does not take part Active partner Secret partner Sleeping partner Nominal partner Sleeping partner
in day to day activities

878 Military organisation is also Line and staff Scalar Functinal All the above Scalar
commonly referred as: Organisation Organisation Organisation organisation

879 Planning' usually fail due to Feedback of plan Data analysis Unrealistic All the above Unrealistic
Nature nature
880 Espirit de corps refers to Cooperation Coordination Team work Discipline Team work

881 At this level of management few Tactical level Strategical Operational level Functinal level Strategical level
people are involved Level

882 Power to act and accountability Delegation Discipline Division of work Authority and Authority and
Responsibilty responsibilty

883 The main areas of quantitative or Operations Classical Behavioral All the above Operations
management science school Management Science Science management
Are

884 Regulatory body for banking sector SBI RBI CBI IDBI RBI
which also monitors GDP
 And inflation
885 Indian industrial sector does not Construction Textile Fisheries Railways Railways
invovles

886 Service enterprise provides the Automobile Production Intangiable goods All the above Intangiable
services that are called as Goods Goods goods

887 Internal source/s of finance is/are: Deferred taxation Shares Debentures All the above Deferred
taxation

888 Legal debts or obligations which Asset Shares Debentures Liabilities Liabilities
arise during the business
Operations:
889 Value added tax is a: Direct tax Income tax Excise duty Consumption tax Consumption
tax

890 Inventory management is part of: Product Marketing Materials Sales management Materials
Management Management Management management

891 Generally 'C' type and 'A' type of 20 % and 5 % 50 % and 20 % 5 % and 80 % 80 % and 50 % 5 % and 80 %
items consume an inventory Respectively Respectively Respectively Respectively respectively
Cost of :
Annual consumption is 20 units,
892 procurement cost is Rs. 40, cost of 10 20 30 40 10
carring inventory is 16%, cost of
each unit is Rs.100.
 The economic order quantity will
be

Collection of guidelines that are Quality

893 used to manage the quality of Quality assurance Quality control Quality circle management Quality
activities in an organisation System management
system

Improve quality, Improve

894 The objective of Quality circle is productivity,safet y productivity and Improve None of the above Improve
/are and reduce cost safety only productivity only quality,
productivity,saf
ety and reduce
cost
895 Six sigma methodology endorse CRM concept TQM concept DMAIC concept All the above DMAIC
concept

896 Number of Sub-ordinates a manager Scope of Span of Control Focus of Non of the above Span of Control
can supervise effectvely Supervisor Supervisor
Is

897 Which budget shows one plan, one Fixed Budget Variable Functional All of the Above Fixed Budget
volume of output or sales Budget Budget
& the related fixed costs-

898 Expenses of office & Staff Salary Stationary Printing All of the Above All of the
administrature expenses are Above
grouped
Under-
 While on long tour which are the item Minimum
899 that we must take care EOQ ABC batch size None of the above ABC
Of ? Certainly it is the jewellery and the
cash !! This could be an analogy to

900 ABC company has in profit of Rs one lakh. Capital Business Shares Debunters Shares
It is divided in equal
Number of parts known as …………..
XYZ electronics company has confirmed
901 expert order and is in need of finance. The Import finance Import duty Export finance None of the above Export finance
bank provides short term credits. It is
Known as ………..

There is limited Business life is It is a Joint No transfer of

902 Which statement is wrong about liability dependent on business partnership There is limited
partnership Partners liability

Product may People

903 Which ststement is wrong in product type Attention is become brand become No duplication of No duplication of
departmentation given to the name Expert in the work work
product work alloted
to them

904 Which statement is correct about Do not actively Dop not invest Business can All are correct All are correct
'nominal partners' Involved use
Their names
 In ... Approach all members of an
905 organization paricipate 5S Six Sigma TQM Quality circle TQM

& improving the processes & culture of

organization
906 VAT and sales tax falls under Indirect tax Services tax Direct tax All of the above Indirect tax
……………

907 …………. Is the lifeblood of business Budjet VAT Capital None of the above Capital
Accidents due Unsafe physical
908 General causes of accidents could be as to dangerous conditions Moving All of the above All of the above
follows Machines objects
Mechanical Natural Cause
909 Accident due to daydreaming which Causes of an of an accident Human error All the above Human error
comes under Accident

910 Is essential to direct, guide, instruct, Manager Authority Chairman Responsibility Manager
and order the
Subordinate.
911 Which of Following is not the agro Jute Sugar Paper Poultry Paper
industry

Heavy
912 Which is the apex authority of SAIL TISCO Industries ISA SAIL
Government of India Ministry
 Which of Following are principles of
913 management i) Motivating ii) I and ii Iii and iv Ii and iii All of the above Ii and iii
Remuneration iii) Division of Work
iv)
Organising
Arrange Maslow`s Theory of Motivation

914 in ascending order I-ii-iii-iv-v I-iii-ii-iv-v I-v-ii-iii-iv I-iv-ii-iii-v I-iv-ii-iii-v

(Bottom to Up) i) Physiological Needs
ii) Love / Affection Needs iii) Social /
Esteem Needs iv) Security / Safety Needs
v) Self Actualization Needs
915 Discipline starts from Bottom to Top From Middle Top to Bottom None of above Top to Bottom

916 Injury after accident disables the affected Fatal Permanent Major None of above Permanent
worker forever is
Accident

917 Is the study of relationship between Financing Financial Finance Financial Financial
the raising of Deficit Management Management
Finance and deployment of finance

918 In balance sheet, we see, equal to the Assets Expenditure Savings Liabilities Assets
sources of the
Funds

919 Which is input to MRP Current Bill of On Hand All of the above All of the above
 Forecasting Material Inventory

920 Is process of dividing large Defragmentatio Departmentati Division None of the above Departmentation
Organisation into small and flexible n On Formation
administrative units

921 Profit and Loss Account is i) A flow I is correct and I is wrong and Both i and ii Both i and ii worng Both i and ii
Statement ii) A measure of firm`s ii ii Correct correct
profitability Is wrong Is correct
922 Central government is not dealing with Income Tax Sales Tax Excise Duty Custom Duty Sales Tax

923 Effect of Innovation is and effect of Long Term, Short Term, Long Term, Short Term, Short Short Term,
Kaizen is Short Longterm Long Term longterm
Term Term
924 Throw away unnecessary is in Seiso Seiri Seition Seiketsu Seiri

925 I) Quality Assurance is a proactive I is correct and I is wrong and Both i and ii Both i and ii worng Both i and ii
approach ii) Quality ii ii Correct correct
Assurance improves quality of product Is wrong Is correct
Sub All Items ABC curve is
Categorisation should be similar in Sub Categorisation
926 Which is not the consideration in ABC like A1 A2, B1 considered shape for None of above like A1 A2, B1 B2,
analysis? B2, together different C1 C2 is not
C1 C2 is not industries possible
Possible
927 In which type of Authority Punishment Coercive Expert Referent Reward Coercive
 is given

928 Which Structure of Organization is Line Line & Staff Project Staff Organization Staff Organization
Tight & Rigid Organization Organization Organization

929 Which function of management is a tool Decision Directing Controlling Planning Decision Making
for fast development. Making

930 One Man - One Boss may be called as Equity Unity of Unity of Stability Unity of Command
Command Direction
931 Product comes under Vehicles Plastic Wood Paper Plastic
Petrochemical Industry.
932 GATT started in 1948 at . Masco Washington Geneva Russia Geneva

933 Entertenment Business belongs to Manufacturing Trade Industry Service All of The Above Service Industry
industry. Industry Industry

Global
934 GDP stands for . Gross Domestic Development General Global Domestic Gross Domestic
Product Phenonmenon Domestic Product Product
Product
Chief
935 Who is directly responsible for profit & Supervisor Execuitive Worker Factory Manager Chief Execuitive
loss in the business Officer Officer
 Mr. Ram , Mr. Shyam & Mr. Kiran has
started a business of Automobiles in
2003, in that business Mr. Ram , Mr.
936 Shyam & Mr. Kiran have invested Rs Mr. Ram Mr. Shyam Mr. Kiran All of The Above Mr. Kiran
500000/- Lakhs individually. But Mr
Ram & Mr. Shyam gives full attention
towords the business and Mr. Kiran does
not gives the attention towords business.
So in this type of business who is the
sleeping partner

Due to Due to Due to

937 Which is not a cause of accidents in Due to Worker Management Natural cause Government Due to
industry Policy Government
Policy

938 Any device which generates or provides Tools Machinery Prime Mover Plant Prime Mover
power is known as

939 Which is a cause of accident due to Overconfidence Faulty Unnecessary Less Work Faulty
management Equipments Daring Experience Equipments

940 According to minimum wages act Salary Over time Provident fund All of the above All of the
,wages means:........... Remuneratio above
n
 Profit Maximation Mainrenance of Unfair or no
941 Which is not the objective of financial Maximation of wealth liquid assets returns to Unfair or no
management Shareholders returns to
shareholders

942 Working capital is not used for . Land Purchase Material Marketing of Salery of workers Land Purchase
Purchase Product

943 Postponement of tax liablity means Inherited Depreciation Retained Deferred taxation Deferred
Personal funds Provisions equity taxation
Earnings

944 The tax in wihich impact and incidence Custom Duty Sales Tax Excise Duty Gift Tax Gift Tax
are on the same
Person. It is not intended to be shifted.
945 NSE stock exchange market is located Jaipur Pune Mumbai London Mumbai
in

946 Collective stock of items which is Inventory Record Database List Inventory
required for routine
Functioning of industry means

Which of the following is not an To purchase To purchase To purchase

947 objective of inventory management Material at Material at Material in right All of The Above All of The
minimum cost right time quantity Above
948 What is essential for successful Right contract Right Quality Right sources All of The Above All of The
purchase Above
949 In ABC analysis which category of Category A Category B Category C All of The Above Category B
item is having average
Importance

950 Is the formal contract between Purchase order Tender Quotation All of The Above Purchase order
supplier and purchaser
Profit Production Sales Value

952 And are the two versions of Maximisation, Maximisation, Maximisation, Maximisation, Profit
goals of the financial management of Wealth Sales Profit Wealth maximisation,
the firm. maximisation maximisation maximisation maximisation Wealth
maximisation

953 An industrial concern is invested in assets Working capital Variable Fixed capital Operating capital Fixed capital
like plant, building, capital
And land is

Steps of Systematic Statement of

954 Budget refers to Planned target of handling action and Expected results Statement
performance future allocation of expressed in of expected

activities resources numerical terms results

expressed
in
numerical
terms
955 Income tax and Property Tax falls Indirect Tax Service Tax Direct Tax All of the above Direct Tax
 under

956 What are the functions of material Material Planning Purchasing Store All of the above All of the
management Management above

957 ABC anaiysis helps senior manager to Inventory Cost Purchase Cost Total Cost None of the above Inventory Cost
control

Improving quality through small, Total Quality

958 incremental improvements is a Just-in-time Six Sigma Management Kaizen Kaizen
characteristic of what type of quality
management system

Direct
959 A fundamental attribute of TQM is Drawing control Having team involment of Meeting ISO 9000 Direct
chart meetings Top audit involment of
management Top
management

960 Benchmarking determines Customer Process Standards Getting ISO 9000 Standards
Requirement Capability Audit done

961 Blank Space in the figure I indicates Total Long Term Ordinary Owner's Equity Third Party Equity Owner's Equity
Liabilities Equity
Investment

962 In P&L account Extra Ordinary Items Commission on on Materially large Non controlling Materially
means sales Which returns revenue or loss ownership large revenue
 are not or loss
possible

963 Following are Liabilities of Business Fds with Bank Receivables Short Term Stock In Progress Short Term
From Sale Borrwings Borrwings

964 In Financial Management Liquidity Dividend to Long Term Cash Bankruptsy Cash
Decisions are related to Shareholders Decisions Management Management

965 Which of following is Method of raising Equipment Hire Purchase Prefernce Trade Credit Prefernce
Long Term Capital Leasing Shares Shares

As per the definition in Indian Factory Not elligible

966 Act, a person working in Factory having Child to work in Adolescent Adult Adolescent
an age of 17 years is : Factory

Resulting Disabling
967 Trivial Accident means : Of Less Importance Death of employee for Near Accident Of Less
Employee more than 3 Importance
daye

Separate Storage
968 In accident prevention, Safe Obstruction Free Antiskid of Enough Height of Separate
Workplace Layout does not include : Passageways Floors Inflammable Workrooms Storage of
Materials Inflammable
Materials
 All
'Balance' in Organization Principles intends to All departments departments All departments are All

have same have same kind equally developed All departments departments
969 workforce of organization are flexible are equally
structure developed

970 I wanted to maintain secrecy of business. Single Partnership Joint Stock Public Single
Which business type Ownership Company Undertaking Ownership
Shall I select
A company has multiples kind of products
971 like Pharmaceutical, Cosmetics, FMCG. By Product By Process By Function None of the By Product
Which type of departmentation will it above
Prefer ?

972 In organization process activites can not be Policy Economy Control Coordination Economy
grouped on the
Basis of

To make changes To make To perform To make changes To perform

973 Authority delegation allows employee in schedule changes in better as per in job timing better as per
Design Responisibility responisibilit
y
974 Following organization is limited to small Line Line & Staff Functional Committee Line
concerns
 Defining Developing
975 Organising does not means Determining Authotities & Assigning People to alternate methods Developing
Activities Responsibilities Jobs to do job alternate
methods to
do job
976 Stability in Principles of Management Job Security Turnover Harmony Promotion Turnover
indicates

977 Direct Supervision on workers is function Top Level Middle Level Low Level Operating force Low Level
of Management Management Management Management

978 Indian Insurance sector has number of 112 20 52 86 52

insurance
Companies.
979 Globalization is not intended for free flow Capital Labour Products Diseases Diseases
of

980 Service Industry provides Tangible Goods Intangible Manufactured Imported Goods Intangible
Goods Goods Goods

981 Business firms produce and supply wide Money Services Entities Social services Services
varieties of goods
And required by the society.
982 Following will not come underinventory Tools Machines Lubricants Milling Cutter Machines

983 'A' kind of items in ABC analysis Do not need Constitute 70 % Purchased on Purchased in large Purchased on
 close Of inventory Time Quantity time
Control

984 Purchase Order Includes Quantity of Invoice Quantity in Stock All Above Quantity of
Items Number Items

985 Which one of the following is not a Manufacturing HR Quality Control Supplu Chain Quality
Module of ERP Management Control

986 In Figure II blank space indicates Lead Time Buffer Stock Obsolete Damagaed Buffer Stock
Inventory Inventory

987 In Figure III blank space indicates List of Products Product List of Bill of Materials Bill of
Demand Subassemblies Materials
Quality Resource Measurement.
988 Main eight sections of ISO 9001:2000 Management Management Recruitment Analysis & Recruitment
does not include System Improvement

Discuss Discuss Work Meet once in a Not a Voluntary

989 Quality Cirle People Grievances relatedproble month participation Discuss Work
Ms relatedproble
ms
990 Elements of TQM include Ethics Training Both Above None Above Both Above
Objectives of Quality Control includes 1.

991 Establish desired 1, 2 and 3 only 1. 3 and 4 only 1,2,3 and 4 2,3 and 4 only 1, 2 and 3
Quality standards 2. To determine only
 deviations in quality 3. Ascertain causes in
deviations 4. To use modern techniques of
measurement.

What system helps make calculations Material Material Material

992 regarding the volume and timing of Production plan Scheduling Requirement Resource Material
materials needed? Planning Planning requirement
Planning
ERP system have
been widely
adopted in large
ERP system ERP system organization to
provide a enable people in storecritical
foundation for different knowledge used to
993 Which of the following describe an ERP collaboration business areas to make the decision All of the above All of the
System? between communicate that drive the above
department organization's
Performance
994 The following is an example of direct Sales tax Income tax Excise duties Toll tax Income tax
taxes

To tightly link a To tightly link

To provide a To ensure that firms production production &
995 One use of inventory is hedge against item cost is with its cutomers distribution To provide a
 inflation maximized demand process hedge against
inflation

Distibution Control & Both of the Neither of the

996 Material Management is also called Planning logistics above above Both of the
Management above

997 ABC analysis is used for CPM PERT Inventory Control None of the Inventory
above Control

998 The quantity discount model is most ROP EOQ Fixed interval EPQ EOQ
similar to which one of
These models

A budget is the plan of the various costs and Operating

999 expenses needed to operate the buniness Capital budget Budget Cash Budget Resource Budget Operating
based on the short term forecast Budget
 Undercapitializati Inadequate
1000 The most common causes of on expense contol Credit term All of the above All of the above
financial problems are

A statement that projects

1001 management's expectations for A cash flow A budget A resource plan A resource A budget
revenues and based on those financial allocation

expectations, allocates the use of

specific resources throughout the
firm is called

Establishing
Forecasting financial controls
financial needs Identify sources to ensure the
1002 The steps in financial planning are and developing of financing company is Option (A) and Option (A) and
budgets to meet following option (C) option (C)
those needs financial plans

Form of informal Element of Type of Componenet of a

1003 Departmentalization is a(n) Communication organizatinal formalization flat span of Element of
Structure control organizatinal
structure

1004 Which of the following is an Ease od strating a Being your own Pride of All of the above All of the above
advantages of a sole Buniess Boss Ownership
Proprietorship?
1005 The primary purpose of employee Mental Health Physcial Health Emotional Health All of the Above All of the Above
safety programme is to
Preserve the employee's :

1006 Which structure is usually optimal Functional Divisional Matrix Network Matrix
for project based
Organization with fluctuationg
workload?

1007 A flat organizational structure creates a Narrow Wide Centralized Informal Wide
span of
Control

1008 As organization grow they tend to Centralize Decentralize Control Standardize Decentralize
decision
Making authority.
It refers to
patterns of work
It refers to flow and formal ALL of the
1009 Which of these statements about It refers to the patterns of power that direct above ALL of the above
organizational structure is (are) true? division of labour coordination organizational Statements are Statements are
activities true true

Selecting the right Division of Unity of

1010 Fredrick Taylor stressed on people for the job labour command Unity of Selecting the
Direction right people for
 the job

1011 Planning, organizing, directing and Goals of Functions of Results of All of the above Functions of
controlling are the Management Management Management management

During the agriculural Coal,oil and other Job specializaion Permanent

1012 revolution, all of the following new energy Trade settlements Coal,oil and other
transformed the economy Sources new energy
except sources

1013 The primary sector include all of the Forestry Manufacturing Mining Agricluture Manufacturing
following except
1014 Which of the following is not a type Literary Works Furniture Sculpture Musical Works Furniture
of copyright work
An accelerating

A growing Pace of global

Stretching of magnitutde of ineractions and
social, political interconnectcd ness processes All of the
1015 Globalization involves and economic in almost every associated with a answer options All of the
activities across sphere of social deepening given are correct answer options
political frontier existence enmeshment of given are
the local and the correct
global
1016 Where was TQM first developed? USA UK JAPAN KOREA JAPAN
 Review of Definition of the
1017 Which of the following is not a Requirements work Results of Management Review of
record required by ISO related to the environment preventive action review records requirements
9001:2000 product related to the
product

Following is not a part of the of steps

1018 for purchasing a) Getting requisition A B C D C
from various departments b)Obtaining
Quotations
C) Making budget d) Preparing
Purchase orders
Reliance company has a common Enterprise
1019 software platform JIT Resource Planning 5S Kaizen Enterprise
Integrating all its functions materials (ERP) Resource
,finance ,personnel , sales ,etc . The Planning (ERP)
company is said to have one of the
following in place
1020 In any factory , bulk usage of items A type B type C type All C type
is of which type

1021 In ABC analysis all materials are 4 3 2 5 3

divided into how many types

1022 The point at which ordering cost is EOQ Optimal point Breakeven point Ideal Point EOQ
 equal to carrying cost in
Materials management is called as

1023 Which of the following items Sugar Salt Steel Soap Salt
manufactured in India is not
Liable for Excise tax.

1024 Capital required by a company to Working capital Fixed capital Loan Debt Fixed capital
purchase building for
Starting the company is called as

1025 Which is the budget to which all Sales Production Labour Materials budget Sales
other budgets are geared

Mr. X has two flats in ,Mumbai , he

1026 and his family resides in one flat and Excise tax Income tax Service Tax Value added tax Income tax
the other flat he has given on rent ,
the money he earns from getting the
rent is liable for which tax.
Workman Industrial Dispute Employees Stae
1027 Welfare of the employees is taken care Factory Act Compensation Act Act Insurance Act Factory Act
by which industrial act
 A small child 8 years old is working Industrial Workman Employees Stae
1028 in XYZ company Dispute act Compensation Factory Act Insurance Act Factory Act
Manufacturing silk sarees. Which act Act
is being violated by the company ?

1029 The necessity of industrial acts is to Workers Employers A and B None of the above Workers
protect the interests of :
A worker has used cutter instead of a Environment
1030 plier for doing some job Mechanical factor Human cause Technical cause Human cause
, and he gets a cut on his right hand . factor
What is the cause of this accident
classified as

Which of the following is not a Proper lighting Fencing of

1031 safety measure to avoid accidents Safety slogans arrangements Over equipments Over confidence
? confidence
My friend and I start a company , she

1032 is just providing money Limited Public Ltd Proprietorship Joint Stock Limited
In the business , she does not look Partnership Partnership
into the day to day activities of the
company ,our company has which
form of ownership

Legitmate right Legitimate right

1033 Authority means of a person to to make Right to direct All the above All the above
 exercise decisions others
influence
An automobile company has
1034 departments for two wheelere and By function By product By process By markets By product
four wheelers , what is the method of
departmentation
This company has adopted
Myself and my friend start a
1035 company, which type of Line Line & Staff Functional Project Line
organistaion it will be from the
structure point of view at the
Start with simple format,small size
1036 Policy making is the role of People Management Administration Country Administration

1037 The act of getting people together to Organising Management Administration Motivation Management
work for a common goal
Is called as

1038 The number of management principles 12 10 17 14 14

given by Henry Fayol
Are
1039 CEO belongs to which level of Bottom level Top level Middle level No level Top level
management

1040 Name the type of business enterprise Manufacturing Trading Selling Buying Trading
 concerned with the
Distribution of goods

1041 Dryers and cleaners are examples of Direct Indirect Both None Direct services
which services services Services

An economic activity involving the

1042 regular production or distribution of Business Management Administration Social Servive Business
goods and services with the object of
earning profits through satisfaction
of human needs is called as

Fitness for It signifies Conformance to Experience of

1043 Following is not the definition of purpose degree of requirements people Experience of
Quality Excellence people
If the comppany has a goal to accept
1044 only .0003%defect , which is the ERP SAP BAAN 6 Sigma 6 Sigma
most important modern technigque it
should
Adopt.
L&T asks its various shop floors to
sort all goods on the
1045 Floor,keep them in order as per use , 5S Kaizen TQM 6 Sigma 5S
keep them clean
,standardise the process and sustain
 this activity . Which modern
technique and system of Quality
manangement it is adopting
Examples of services sector include
.................................................. ( i) news
1046 Media, hospitality Only (I) (i) and (ii) (ii) and (iv) All of above All of above
industry,consulting (ii) legal
practice, healthcare, waste disposal
(iii) real estate, personal services,
business services (iv) house
decoraters, entertainers.

1047 Which is importatnt factor in Functions Specialisation Types of All All

deciding structure of products
Organisation ?

1048 Which is the pre requisite of Decision Knowledge of Independent All the above All the above
effective delegation? making Designation Subordinates
Freedom

1049 Sales department in nokia is the example Departmentatio Departmentati Departmentation None Departmentation
of ………………………… n On by prosecc By product by function
By function

1050 ……………………… is the Financial Material Personnel Operation Financial

management of finance of an Management Management Management Management Management
 Organisation in order to achieve
financial objectives.

1051 Which is the factor responsible in the Types of Scope of Capital required All All
selection of types of business Business
Ownerships?
Financial
management is
The welth If the capital is the management
invested in not managed of finance of an
1052 Which of the following is wrong? business to properly no organisation in None If the capital is
generate losses may be order to achieve not managed
income is incurred financial properly no
called captial objectives losses may be
incurred

To ensure To avoid both To minimise

continuous Over stocking and losses resulting
1053 The objective of inventory supply of under stocking from inventory All All
management is …………………….. materials of inventory deterioration
 In purchasing, In manufacturing
1054 Which of the following is correct EOQ is known , EOQ is called the Both (i) and (ii) None Both (i) and
? as the order production lot size (ii)
quantity
1055 Procurement cost consists of Cost of Cost of processing Cost of following up
…………………………… receving quotations and and expenditing All All
quotations issusing purchase purchase order
order
These costs These costs These costs decrease as
1056 Carrying( holding) cost ; increase as you decrease as you you hold fewer None None
hold more and hold more and more inventories
more inventory inventory

Quality is Quality is fitness Quality means less Quality means

1057 Which of following is wrong ? degree of for use Maintainability conformance to Quality means

excellence Requirements less

maintainabilit
y

1058 Following are the business pattern is ITES Banking Real Estate Textile mill Textile mill
not coming under service
Industry.

1059 Which is unimportant word in the Group of Common Aim Profit United Profit
defination of organisation? persons together
1060 All the partner have same status General Nominal Limitted None of the General
in Partnership Partnership Partnership above partnership

1061 If an affected worker recovers Minor Reportable Major Fatal Minor

within 10 hours, then it is
A accident.

1062 Is the financial snapshot of Profit and loss Balance sheet Snap Sheet Budget Balance sheet
the organisation. Account

1063 Capital invested on Buildings' is Fixed capital Floating capital Circulating None of the Fixed capital
an example of : Capital above

1064 Which is not the type of profit Report form Step form Account form None of the Report form
and loss account? above

Statement 1 - Income tax is Both 1 and 2 Both 1 and 2 are 1 correct, 2 wrong
1065 levied by central government. are correct wrong 1 wrong, 2 1 correct, 2
Statement 2 - Income tax is to correct wrong
be paid by all employees.

1066 The stock of material, maintained Additional Buffer stock Extra stock None of the Buffer stock
in order to avoid 'no stock' stock above
Situation is called as

1067 Calling quotation, order follow-up, Quality Puchase Inventory Marketing Puchase
material receiving. Placing Department Department Department Department department
PO are the function of
1068 Quality standards should be Performance Acceptance Economically All of the All of the
related to Feasibility above above

Statement 1 - Quality Assurance Both 1 and 2 Both 1 and 2 are 1 correct, 2 wrong
1069 is a proactive approach. Statement are correct wrong 1 wrong, 2 Both 1 and 2
2 - Quality Assurance improves correct are correct
quality of product.
1070 Is willing to exchange of Trade Service Manufacturing Both I and ii Trade
goods.
1071 Following is not associated with Bajaj Allianz Max Life LIC ICC ICC
insurance

1072 How many needs are mentioned in 6 5 4 3 5

Maslow's need hierarchy?

Government Public Limitted Public Corporation

1073 Which is not the public sector? Department Company Public Public
Company Limitted
Company

Departmentatio Departmentati on by Departmentation by

1074 Car division in Tata Motors is n by product function process None of the Departmentati
example of above on by product

1075 The duties and qualification of Factory head Industry State None of the State
Labour Welfare Officer is Minister Government above Government
 Prescribed by:

1076 Customer Advances are included Long-term Short-term Medium-term None of the Short-term
under source above
of
Finance.
1077 For making Labour Budget, Skilled Semi-skilled Unskilled All of the All of the
workers are classified into above above

1078 The earning capacity and potential Balance sheet Profit and loss Both i and ii None of the Profit and loss
of a firm are reflected in Account above account
1079 Which is not the merit of Indirect Convenient Equitable Wide coverage Certain Certain
tax?

1080 Which is not the cost concerned Procurement Inventory Total cost Primary cost Primary cost
with EOQ? cost Carrying cost

1081 What will be happen when there Production Delay in Loss of reputation All of the All of the
is no buffer stock? Stoppage Deliveries above above

1082 Statement 1 - Procurement is a Both 1 and 2 Both 1 and 2 1 correct, 2 1 wrong, 2 Both 1 and 2
systematic process. Statement are Are wrong Wrong correct are correct
2 - Purchasing is a routine Correct
process.

Increase Encourages Inspection costs are

1083 Benefits of TQM are efficiency customer reduced Both i and ii Both i and ii
 Satisfaction

1084 The Six Sigma methodogy DMAIC CRM concept Quality circle TQM concept DMAIC
endorses concept Concept concept

1085 For staffing ,inventory,production MPS MRP ERP EPS MPS

etc company develops and
Design a plan called--------

1086 #NAME? Buffer stock EOQ ERP None of the EOQ

Above
Enterprise Enterprise Enterprise Resource
1087 ERP stands for----------- Resource Resource Prepration None of the Enterprise
Planning Process above Resource
Planning
1090 1) The goal of Total Quality Customer Product Brand Equity Action Action
Management is Satisfaction Differetiation Globally Globally

1091 #NAME? VAT Finance Budget None of the VAT

above
1092 Sevice Tax introduce in india in year 1993 2004 1994 1989 1994

Mr. Praful kulkarni is working in Birla Pvt. Minimum Safety

1094 Ltd in the capacity of Foreman. Company Factory Act Wages Act Comensation Act provisions Act Safety
provided him certain protecting devices provisions
Under --- ACT. Act

1095 According to F.W. Paich can be defined Finance Capital Budget VAT Finance
as “the
Provision of money at the time it is
wanted”

1096 When foreign investors does huge sell of Bank loans Hire Purchase Equipment Profit Flow Profit Flow
stocks back to its own Leasing Back Back
Country it is refereed as------

1097 ……has to kept at secured and separate Inflammable Machine Protecting All of the Inflammabl
place which is not Materiial Safeguards Devices above e Materiial
Easily accessible.
 Organizational is mainly about
1098 adjusting work assignment,man power Balance Stability Flexibility None of the Flexibility
,and facilities that are required when above
Temporary changes accor while working

1099 Balaji Telefilms industries refers to Private limited Ownership Public Company Government Public
which of the following Company Company Company
Company type-

1100 BIRLA Industries Ltd. Is a form of – Single Ownership Partnership Private ltd Joint Stock Private ltd
Company

1101 1. ------- Can be defined as the set of steps Organizing Planning Directing Motivating Planning
to do the
Particular activity or activities in
systematic manner.

1102 1. Goal and solid decision making allows Bussiness to Grow Business to Business to None Of the Bussiness to
………to… ................................... very Market Business Above Grow
Fast and becomes stable in the market.

1104 Is a right for giving orders and the power Division of work Decipline Authority and Work Authority
to ensure Resonsibility and
Obedience Resonsibilit
y
 Capitalist Individuals, Human beings
companies are We all now Groups and now live on Individuals
1105 Which definition best describes the process spreading across live in a single nations are every , groups
of globalization? the planet society becoming more continent of and
interdepend the planet nations are
becoming
more
interdepe
nd

1106 1) 80:20 rule can also be called as Fish bone Pareto Diagram Scatter Diagram Histogram Pareto
Diagram Diagram
Accidents because Accidents
1107 Causes of accidents are: of because of Both a) and b) None Both a) and
Workers Management b)

1108 A assists in taking decisions correctly Line organization. Line and staff Functional All of above Line and
and also Organization Organization staff
Implementing it effectively and organizatio
efficiently. n
 O
w
n
e
r

1111 Departmentalization can be done on the Process Products Function All of above All of
basic of following above
Factor:
Increase or Decision
Change in work Decrease in regarding
schedule or production rejection of raw
1112 Decision taken by supervisor could be: rescheduling depending on material or All of the All of the
current finished products above above
situations.

1113 Allows employees to get involved in the Unity of direction Centralization Discipline Unity of Centralizati
process of Decision making for better Commands on
results

The quantitative
1114 The great thought of motivating the The classical The behavioral or management All of the The
workers or employees for better results school school science school Above behavioral
have come up from of management school
1115 1. Types of business Service Manufacturing Trade All of Above All of
 Above
1116 Adolescent is a person of the age in 15-18 18-21 21-25 58-61 15-18
between
1117 Vat started in Maharastra from 2003 2004 2005 2006 2005

1118 Uses all the resources of the MRP MRPII ERP None ERP
Enterprize in a systematic way.
1119 Economic order quantity is represened Q0 Eo Eq None Eq
by
1120 Discipline comes in Seiri Seiso Seiketsu Seition Seiketsu

1121 Implementation of policy making in an Management Administration Public Workers Managemen

industry is a role of – t

1122 Follow in not the strength ot textile Cheap workforce Demand is Import of raw Huge capacity Import of

industry Continouce Material of raw

Production material

1123 Globalization has disadvantage Industrialisation Pollution of Adaption of All of the All of the
Air,soil,water Western culture above above

Globalization
New Fiscal deficit IT parks policy Policies of Globalizatio
1124 The year 1991 is famous for policy initiated in ,liberliation were cooperative n policy
Bangalor accepted by india societies ,liberliation
changed were
accepted by
india
1125 Hindustan Petrolium Is a form of – Single Partnership Public Sector Private ltd. Public Sector
Ownership

1126 Which organisation is temporary in nature Line and staff Line Project Staff Project
Organisation Organisation Organisation Organisation organisation
1127 Which of following is not the direct tax Csutom Duty Excise Sales All of the All of the above
above
1128 Working capital is required for Advertisement Salary Maintenance All of the All of the above
above

1129 The summerised budget of entier enterprise Master Budget Template Main Budget Enterprize Master Budget
is known Budget Budget
As .

1130 Who is responsible "unguarded moving Workers Management Government None of the Management
parts" above

1131 Is the financial snapshot of the of Balance Sheet Profit and Loss Snap Sheet Budget Balance Sheet
the Account
Organisation.

1132 Following is not concerned with modern MRP SAP ERP 5S 5S

techniques in
Material management

1133 A' type of items are purchased in Sufficient Small Medium None of the Small quantities
Quantities Quantities Quantities above
1134 Determines quntity and timing for MRPII SAP ERP MRP MRP
Plann materials
ing

1135 Number of subordinates handled by a Authority Delegation Span of Scop of Span of Control
manager effectively Control Control
Called as
Match the pairs: 1. Adam Smith (i) Need 1-(ii),2-(iv),3- 1-(ii),2-(iii),3- 1-(iii),2-(iv),3- 1-(iv),2-(i),3-
1136 Hierarchy 2. F.W. Taylor (ii) Economics 3. (i),4- (iv),4-(i) (i),4- (ii),4- 1-(ii),2-(iv),3-
Maslow (iii) Principles of Management (iii) (ii) (iii) (i),4-(iii)
4. Henry Fayol (iv) Scientific Management

1137 Pickles, papad, basket making are products Chemical Agro Industry IT Industry Banking Agro Industry
Of Industry Industry
Industries associated with are computer Banking Insurance
1138 hardware, software, IT Industry Industry Industry Retail IT Industry
Electronics, semiconductors, internet, telecom Industry
equipment and e-commerce

1139 Is a process of dividing large organisation Divisions Defragmentati Departmentati Partitioning Departmentation
into small and Formation On on
Flexible administrative units.
People become Product may

1140 Which statement is wrong? In product type Expert in the become brand Attention is No duplication No duplication of
work allotted given to the of work
 departmentation to them name product work

Injury caused Permanant

1141 Under which of the following case, an during disablement due Death due All of the All of the above
employer has to provide compensation to an employment to accident to accident above
employee?
A joint stock company divides the capital
1142 required into units of equal denomination of Budget Debenture Share Balance sheet Share
Rs. 1,2,5 or 10. Each unit is called a
Is a multipoint destination based system of
1143 taxation, with tax being levied on value Customs duty Sales Tax Service Tax VAT VAT
addition at each stage of transaction
In the production/ distribution chain.

While deciding how to manage inventory, the How much How often
1144 question to be answered is should we Should we order? Both (a) and None Both (a) and (b)
order? (b)

If necessary, Prepare a
request for comparative
quotations is To achieve Open the statement of
made on integration with quotations at the rates,
1145 Which of the following is not a step in prescribed other departments prescribed terms and To achieve
purchasing? quotation form of the company time on the conditions integration with
 to all the prescribed mentioned in other departments
selected sources date the quotations of the company
of supply and then
analyze them

A product/service is said to possess good

quality if it fulfills the following
requirements. 1. Suitability (It is fit for the
1146 intended use) 2. Reliability (It gives efficient All 1,2, 3,4 1 and 2 2 and 3 1,3 and 4 All 1,2, 3,4
and consistent performance) 3. Durability
(It has desired life) 4. Safe and foolproof
workability (Its working is safe and
foolproof)

Is a management technique used to

communicate to employees what is required
1147 to produce the desired quality of products and QC 5S/9+ KAIZEN QMS QMS
services and to influence employee actions to
complete tasks according to the quality
specifications

1148 In 1991 india adopted Policies of co- Initiate IT Globalisation Fiscal Deficit Globalisation
Operative. Parks. Policy policy policy
1149 Types Of Business Manufacturing Trade Service All of above All of above
1150 Cipla Ltd is Textile Chemical IT industry All of above Chemical
company Company Company

Research & More Tradition

1151 Scientific management works on experimentation Trial & error attention on management Research &
production Theory experimentation
Only
Upper midddle Top level Middle level Low level
1152 Setting basic goals and objectives is function of level management management management Top level
- Management management
ABC industry start their recruitment process in
1153 which manager Forecasting Organising Leadership Staffing Staffing
Select qualified people for various job position
in organisation. This activity is
1154 How many parteners are eligible for 2 05-Feb 10-Feb ALL of the ALL of the above
partnership above

1155 The firm type of Bajaj Auto Ltd is Proritership Patnership Joint stock Public Sector Joint stock
Company company
 Sai Sale services is trading business
1157 started by four person by Private Partnership Propritership Both I & ii Partnership
Investing 2lacks each. Which is Limited
suitble ownership for that business.

1158 Fixed capital is also called as Tight capital Blocked capital Working capital Current capital Blocked
capital

Short-term Permanent All assets financed

assets working capital Short-term assets with a 50 percent

1159 Which of the following illustrates the financed with financed with financed with equity, 50 percent Permanent
use of a hedging (or matching) long-term long-term equity. long-term debt working
approach to financing? liabilities. liabilities. mixture. capital
financed with
long-term
liabilities.

1160 Which business is liable for VAT Importers Manufacturer Distributor All All
1161 Figure shows budget Fixed Variable Functional None of these Variable

1162 The ABC company Investment in Working Fixed capital Blocked capital ALL ALL
purchasing raw material, Capital
Salary is come under

1163 Is set of activities that ensure Purchase Quality Marketting None of these Purchase
right material at Right quality and Department Department Department
 quantity in right time Department
Maximise the

Minimise Service level to

investmeny in the firm's
1164 Inventory control objectives inventory customer & its Both I & ii None of these Both I &
operating ii
Departments

1165 Circle leader is from Management Board Of Workers Supervisors Supervisors

Directors
The Both the paper

A paper mill supplies a corrugated corrugated Cereal Mill and cereal

container manufacturer with Kraft container manufacturer is manufacturer are Both the

paper. The corrugated container manufacturer an external External paper mill

1166 manufacturer uses Kraft paper to is an internal customer to the customers to the None of these and cereal

manufacture corrugated shipping customer to paper mill. corrugated manufacturer

containers that are then sold to a the cereal container are External

cereal manufacturer. Which of the manufacturer. manufacturer. customers to

following is true? the

corrugated
container
manufacturer.
General General Global Global Agreement
1167 GATT stands for Awareness Agreement on Agreement on on Tariffic and General
on Tariff and Tariff and Tariff and Trade Transport Agreement
Trade Trade on Tariff
and Trade

1168 Product are produced in Trade Manufacturing Service Industry All of above Manufacturing
industry Industry industry

1169 Banking Business is Service Manufacturing Trade None of these Service

Industry

1170 Which is the process by which manager Staffing Directing Co ordinating Controlling Staffing
select , train,pramote
And retire their subordinates

1171 The process of breaking down an Departmentati Project Span of control None of these Departmentati
enterprises into various on Organisation on
Departments is

1172 Investment raised by share holder from Propritership Partnership Joint stock Cooperative Joint stock
public for profit based Company Enterprises Company
Business in

1173 Form of ownership which is non Propritership Partnership Joint stock Cooperative Cooperative
profit based is Company Enterprises enterprises

1174 Kirloskar Pneumatic Limited Public Private Limited Partnership Propritership Public Limited
Company is Limited
1175 Figure shows Departmentation by Function Process Product Territory Product

Sai Krupa Sugar & alied industry form

by Mr. XYZ with 7 Board of director Functional Line & staff Line Project
with, CEO. Under CEO, Plant Manager orgnisation, organisation, Organisation, Organisation, Line &
1176 , Finance , & market . Plant Manager Partnership Private ltd Propritership Cooperative staff
supervise on supervisor. Workers are Company enterprises organisation,
under Supervisor. Investment raised by Private ltd
43 share holder in it. Then which is Company
suitable Organisation & form of
Ownership

The worker The worker Any safeguard is

1177 Injured Employer is not liable to recovers in 2 Isunder removed by the All of above All of above
compensate if: hours influence of workmen.
drink or drugs
1178 Woking capital is also called Blocked Current capital Fixed capital Tight capital Current capital
capital
1179 Types of budget: Fixed Variable Functional All of above All of above
1180 Figure shows budget Production Sales Capital None Production

Johnson Company wants to procure

1181 Land & build the structure for its own Ciculating Fixed capital Working Capital None Fixed capital
company. Investment for this coming Capital
under
 The concept in management which
1182 concern with flow of material in an Finance Quality Material None Material
organisation by using function like Manageme management Management Management
purchasing, storing, moving, distributing nt
,production , dispatching is called
What is Ascending path for purchasing
1183 1) Purchase Order 2) Material 1-2-3-4-5 2-5-3-4-1 4-3-1-2-5 2-4-3-5-1 2-4-3-5-1
Requisition 3) market analysis 4)
Quotation call 5)
Finalisation of supplier
1184 Standardizing include in Seiri Seition Seisco Seiketsu Seiketsu
1185 Industrial sector involves Construction Fisheries Textile All of above All of above
1186 India is awarded a certification of Jan-11 Jan-09 Jan-14 Jun-11 Jan-11
POLIO free country in
 Don Mackinnon , the person
incharge of " Hear Music" has
1187 Been given goals related to the Planning Organizing Controling Implementing Controlling
rollout and sales of this subsidiary
of starbucks . His success at
implementing the strategy will be
acessed by actual performance
againest the goals . This
comparison is known as :

1188 A partner who is not publically Sleeping Active partner Secrete partner Nominal partner Secrete partner
known as a partner but takes patner
Active part in the affairs of the
business is

In simple words the ... can be defined

1189 as the Propritorship Partnership Private Limited Public Limited Partnership
Association of two or more people
doing business together to share the
profit and expenses coming out of
the business.

Accidents Accidents Accidents due to Accidents because

1190 Flood , Earthquake , Tsunami are because of because of layout or design of natural Accidents because
workers management of working place disasters of natural disasters
1191 Which is the health provision Fencing of Cleanliness Washing facilities None of the above Cleanliness
Machinery

1192 Which is an instrument of Finance Capital Budget VAT Budget

management used as aid in the
Planning , programming and control
of business activity

1193 A single unit of ownership in a Asset Liability Share Debenture Share

corporation , mutual fund or
Any other type of organization is
called

1194 Indirect Tax examples Consumption Sales Tax Wealth Tax All of above All of above
Tax
Which includes expenses like Selling and
1195 commission to salesman Opening Purchases Sales distribution Selling and
,advirtisement, discount given , stock expenses distribution
carriage outward, bad debit, cost of expenses
service after sale ,rent of go down
,expenses related to
Delivery of material etc.
Material Material
The role of purchase department is required for The department required for
vital because Purchase running which needs All of these
 department organization is material sens running
1196 issues purchased by the material recipt organization is
payment to purchase note to purchase purchased by
the vendors department. department the purchase
department.

Quality
1197 ISO 9001:2000 is Quality circle Quality management Quality assurance Quality
standard standard system standard standard management
system standard
1198 In textile industry fibre is converted Fabric Cloth Yarn Fibre Yarn
into ……

1199 The organized efforts by cetain Trade Organization Management Business Business
persons, to Supply the
Consumers with goods and services
is called

1200 A…. Is any achievement of the end Policy Goal Objective Mission Goal
point that is stated in
Quantitative term .

1201 To set objectives and policies of the R& D Engineers General None of these General Managers
organization is function Manager Managers
Of………..
1202 Conceptual and human needs is Administrati Management Science Technic Administration
 related to……… on

1203 Out of following which is not the Centralizatio Scalar Chain Order None of these None of these
principles of management n of
Authority

The process by which actual Unity of

1204 performance of subordinates is Organisation command Directing Planning Directing
guided towords common goal of the
enterprise is call ……

1205 …………………is The process of Coordinating Forecasting Organising Controlling Controlling

operaions, verify conformity with
The predetermined plan and takes
corrective action
Identify which statement is correct

1206 related to organization Both 2 & 4 Both 1 &3 All the above None of these All the above
Theory Organization theory may be
defines as the study of 1. Functioning
2. Perfrmance of organization 3.
Structure 4. The behaviour of Group

1207 Following diagram represents which Line Line & staff Functional Project Functional
organisation ? organisation Organisation Organisation Organisation organisation
It is The process which is used to Departmentati on
1208 group the activities of the enterprise Organisation Administration Span of Control Departmentation
 into various division for the purpose of
the efficient
Management .
1209 Sahkari Bhandar is ……. Types of Government Cooperative Joint stack Public limited Cooperative
ownership
Accident
1210 The accident which leads to death of Fatal Causing internal Minor Accident Major Accident Fatal Accident
a victim is called …….. Accident injury

1211 As per Worker's Compensation act , A widow A minor A widowed All the above All the above
dependant means : Legitimate Son Mother

Financial Financial
1212 Which is not element of financial Financial Control Decision -Making None of the above None of the above
management planning

1213 Depreciation provision is which Internal External Source Medium Term Short Term Source Internal Source
type Source of finance? Source Source
…….. Is a direct tax levied on the
1214 income earned by Excise Duty Sale Tax Income Tax Service Tax Income Tax
individuals,corporations or on other
forms of business
Entities.
1215 Anti Dumping Duty is which type Excise Duty Sales Tax Custom Duty Service Tax Custom Duty
of Tax?
1216 Which of the following is not input ERP BOM Inverntory record MPS ERP
to MRP? File
Work out product requirement in Quality Material Production Inventory
1217 detail and set product specifications management Management Management Mangement Quality
on the basis of customer's preference management
,cost and Profit is a function of
 Work out product requirements in Inventary management Quality management Production Material
1218 details and set product management Management Quality
Specifications on the basis of management
customer preferance ,cost and
profit is a function of
………………
1. Customer Focus 2. Ledership 3.
Continual improvement 4.
1219 System Approach to 5S ISO9001:2000 Kaizen TQM ISO9001:2000
Management 5. Mutually
beneficial Supplier relationship 6.
Process approach 7. Factual
approach to decision making 8.
People involvement It is
principles of
…………………..
Can be defined as an unsecured
1220 loan certificate issued by a Asset Liability Share Debenture Debenture
company which is backed by
general creditninstead by
Specified assets.

1221 Is method of buying goods by Bank loan Hire purchase Sale & lease All of Above Hire purchase
 making installment back
Payments over the period of time.

Includes the bad debt means Selling &

1222 amount that cannot be recovered Indirect income R.D.D account Sales distribution R.D.D account
from market .It is treated as a Expenses

loss.

1223 Assists in taking decision Direct Tax Indirect Tax Service Tax Income Tax Direct Tax
correctly & also implementing it
Effectively & efficiently

1224 Which of the following is not Floods Heavy rains Tsunami Gas leakage Gas leakage
included in the causes of
Accidents under natural disaster?

1225 Is a temporary in nature & the Partial Total Both (option None of above Partial
erning capacity is reduced Disablement Disablement I) & disablement
Due to disablement . (optionii)

1226 Taking care while working on Health provision Safety Welfare None of the Safety provision
machinery in motion is a Provision Provision above

1227 First -aid appliance in industry Health provisions Safety Welfare Precautions Welfare
comes under . Provisions Provisions provisions

1228 Absence of in units will lead to Communication Balance Flexibility All of the above All of the above
failure in achiving
 Organizational goal.

Is generally from lowest Downward Upward Horizontal Unofficial

1229 grade employee to the top communication communication communication communication Upward
executives communication

1230 Act of simulating or inspiring Planning Controlling Directing Motivation Motivation

workers

Financial Transfer Foreign Transfer Foreign Tourist Foreign Tourist

1231 FTA stands for Arrivel Arrivel Arrivel Arrangement Foreign Tourist
Arrivel

1232 The rates at which the excise duty to 1944 1948 1985 1946 1985
be collected are specified
In the Central Excise Tariff Act

1233 Can be defined as an integrated MRP MPR ERP EPR ERP

information system that
Serves all departments within an
enterprise.

1234 Is an intelligent activity Purchasing Purchasing Procurement Purchase order Purchase order
includes decision making Department
,selection of venders etc.

1235 Suggest appropriate Quantity(%) 50,intermediate 50,infrequent 50,Frequent 40,frequent 50,intermediate

and purchase rate in the Purchase purchase
Blank spaces provided in
 following ABC Classification

1236 Defined as a statistically based Sigma Six Sigma DMAIC Systemize Six Sigma
process improment
Methodology or technique.
It aims to reduce defects to a rate
1237 of defects 3.1,billion 3.4,million 3.4,thousands 3.4 ,hundreds 3.4,million
per
Defect opportunity by
identifying & eliminating causes
of variation in business
processes
Liberalization,Priv Liberate,Privat Liberate,Private Liberalization,Priv
1238 In India The novel economic Atization,Globaliz e,Globalization , Global None of above atization,Globaliza
model came with an intension of ation ti on

1239 The items are produced using Service Manufacturing Trade None of above Manufacturing
material with the help of
Different engineering processes
and technologies is

1240 Globalization increases Employement Foreign Competition All of above All of above
Opportunity Investment

1241 India is awarded a certification of World Health World Heath National None of above World Health
POLIO free country by Organization Center Health Organization
 Center
1242 The main contributor in scientific Henry Feyol F.W.Taylor Gilberth Juran F.W.Taylor
school

1243 The unity of authority and plan of Unity of direction Authority Discipline Unity of Unity of
action is about Commands direction

1244 Directing can be called Lead Actuate None of above Both (option I) Both (option I)
& & (optionii)
(optionii)

1245 Taking decisions and determine the Managament Administration Public Workers Administration
objectives in company is
The role of

1246 The line organization is developed Line organization Line and staff Fuction All of above Line and staff
step by step to shape as the Organization Organization organization

1247 Workman’s compensation act for 1950 1992 1986 1976 1992
workers came in to
Existence in year

1248 Ideantify the important health Ventilation and First aid Sitting None of above Ventilation and
provisions in an industry Temperature Appliance facilities temperature

Oily or greasy floors is the factor Faulty layout Faulty layout

1249 which contributes to accident due Workers Management or design of Natural diasaters or design of
to: working working place
 Place

Is defined as an accounting
1250 book of final entry where Assets Liability Ledger Journal Ledger
transactions are listed is separate
or different accounts.

1251 Capital invested in Floating capital Sinking capital Working Fixed capital Fixed capital
equipments,tools,furniture are capital
termed as
1252 Inheritance tax and Endowment Direct tax Indirect tax Service tax All of above Direct tax
tax are falls under

1253 Which are the following are Trade credit Credit facilities Retained Both (A) and (B) Both (A) and (B)
the”Sources of working capital” Earnings

1254 Buying new machinery,Doing Deffered taxation Retained Depreciation All of above Retained earning
research and Development are Earning Provisions
The examples of
1255 An integrated information system that serves all MRP MPR ERP EPR ERP
department
Within an enterprise is called as

1256 List the modules in ERP Human resource Purchase Finance and All of above All of above
Accounting
Ideantify the different inferences of EOQ i)No
1257 quantity Only i Only i and ii Only i and iii I,ii,iii,iv I,ii,iii,iv
Discounts ii)No stock out will be there iii)Receipt
of material is immediate iv)Only order cost and
holding cost
Arrange the activities of ABC analysis in the
sequential form i)Make the list of all item as
1258 per there value ii)Find out the percentage of Iv,ii,i,iii Iv,i,iii,ii Ii,i,iv,iii Iv,iii,ii,i Iv,i,iii,ii
high,medium,and low valued items.iii)Seprate
and count the number of costly,medium
valued and low valued items iv)Find out and
list all items used in industry
Ideantify important constitutes from following
1259 i)orderliness and cleaniness ii)Punctuality and Only i Only i and ii Only ii I,ii,iii,iv I,ii,iii,iv
continuous efforts
Iii)Customer service iv)Standization of work

1260 Quality circle is small group of employees .that is 2 ,4 5,8 5,10 2,20 5,10
 may be to

..
Match the following,select proper option L-i,M-iv,N-ii,O-
1261 L)Structurize L-ii,M-iv,N-i,O- iii L-iv,M-iii,N- L-iv,M-i,N- L-iv,M-iii,N-
I)Cleaning M)Systemize ii)Standardization iii ii,O-i iii,O-ii ii,O-i
N)Standardize iii)Neatness
O)Sanitizeiv)Organization
Which are the following two elements of TQM
1262 i)Quality of I and iii Ii and iv Ii and iii I and iv I and iii
Planning ii)Quality of design iii)Quality
implementation iv)Quality of performance
Vidarbh Textiles is establishing company. In the
first meeting some policies were determined
which includes determine companies objective,
1263 Formulate correct policies,prepare cost and A) Planning B) Organising C)Directing D)Coordinatin A) Planning
performance standards for budget and prepare g
short range plans to evaluate achievements .
Identify the function of management discussed
in the said meeting.

1264 How many levels of management are there ? A) Four B) Three C) As per D) Can't say B) Three
Situation
1265 Who had a main concern to achieve efficiency A) F.W.Taylor B) Robinson C)Gilbreth D)Mery Parker A)
of Men and Boulton F.W.Taylor
Material through application of Time and
Motion Study ?

1266 Which is the first in planning ? A) Establish taks B) Indentify C)Prioritize goals D) Establish D) Establish
Resources goals goals

1267 Management is in process since A) Historical B) After 1800 C) After 1900 D) After 1700 A) Historical
Period period

1268 Who said this ," Management is getting the A) Henry Gantt B) Drucker C)Mery Parker D)Henry Fayol C)Mery
things done by Parker
Others "-?
1269 Which is the fastest growing sector in india A) Agriculture B) Fishing C) Service D) C) Service
now a days ? Manufacturing

A) Improper B) May work C) Safegaurds

1270 Which of the following is disadvantage of distribution of Against Intrest of D) All of the D) All of the
Liberalisation ? income indigeous Multinational above above
industries companies only
1271 Trade is defined as the agreeable exchange of A) goods B) service A and b both None of these A and b both
C) converts
Oil,natural gas,
B) Produce metals,minerals,a C) converts
1272 The chemical industry consists of the A)Purchases and industrial ir water into B and c both oil,natural
 companies that sales chemicals chemicals different gas,
chemical metals,mineral
products s,air water
into different
chemical
products
1273 Which of the following are types of partners ? Active Sleeping A and b both None of these A and b both

1274 Express papers ltd is a joint stock private limited A) 14 B) 50 C) 7 D) No such B) 50

company. limit
What is maximum limit of members?

1275 Injury is defined as harm caused to the body A) An abrasion B) Puncture C) Wound D) All of the D) All of the
such as - above above

1276 Who is responsible for ungaurdrd moving parts in A) Government B) C) Workers D) none of B)
an industry Management these Management
?

1277 The capital required for establishing an Working capital Fixed capital Circulating capital None of these Fixed capital
organisation is called
As -

Efficient assets Security of Shareholder's

1278 Financial control ensures- utilisation business assets intrest is served All of the All of the
above above
1279 Which of the following budget is a forecast of A) Sales Budget B) Production C) Purchase D)Cash Budget B) Production
the number of Budget Budget Budget
Products that must be manufactured ?

Which of the following types of budgets essential A) Master and B) Production C) Capital and
1280 for smooth working of Manufacturing Industry sales baudget And financial Cash budget D) All of the D) All of the
? Budget above above

Which of the following management task , refers A) Materials B) Operational C) Financial D) Marketing
1281 to process of Management Management Management Management A) Materials
Planning,storing and providing the appropriate Management
material of the right quantity at right time and
place ?

A)Annual B)Annual C)Annual D)Annual

1282 In ABC Analysis ,which inventory is classified consumption cost Consumption consumption cost consumption C)Annual

into group C ? is around 15-25% cost is around is around 5-10% cost is around consumption
70-80% 50% cost is around
5- 10%
1283 Items like nuts , bolts ,screws are given a A) Items A B)Items B C) Items C D) Items D C) Items C
rating of -

Figure shows Inventory Parameters Identify the A) X- EOQ Y- B) X- Reorder C) X- EOQ Y- D) X- Average
1284 parameters at X and Y ? Reorder Point Point Y- EOQ Average Inventory Y- A) X- EOQ
Inventory Reorder Point Y- Reorder
Point
1286 Figure shows six sigma DMAIC A) 1- B) 1- Design 3- C) 1- Define 3- D) 1- Define 3- D) 1- Define 3-
cycle . Identify the missing Analyse 3- Analyse Allot Analyse Analyse
Terms from the options given Define
below?

Automated All Time Automated Automatic Teller

1287 ATM Means? Teller Money Trazerer Machines Automated Teller
Machines Machines Machines

1288 Lower Levels operation as Production Purchase Payment All of these All of these
1289 The qualities of Leadership are: Honesty Competent Forward looking All of these All of these

1290 ……………… is division of Chain of Authority Responsibility Work Work specialization

Labour. Command Specialization

1292 Which of the following comes BOSCH TATA L & T Ltd ONGC ONGC
under Government sector
To ensure , a long term planning
1293 related to the required Balance Stability Flexibility All of these Stability
Manpower ,traning and
development for employees is
required

1294 Main aim of Public Sector is Profit Service motive Service members All of these Service motive
motive

1295 Which of the following is not a Oily or Mental worries Carelessness Improper usage of Oily or greasy floors
 human cause for accidents in greasy Tools
Industry? Floors

1296 Accidents include injuries Harmful Toxic gases Dangerous fumes All of these All of these
because of exposure to : Substances

Where death from accidents, Minimum Workmens

1297 amount of compensation given by Factory Act Wages Act Compensation All of the above Workmens
which act Act Compensation Act

1298 Tax paid by individual to Central Service Tax Income Tax Excise Duty VAT Income Tax
Government of India it is
Called as

1299 Commission paid to salemen, Balance Profit and Loss Capital account Trading account Profit and Loss
discount on bills they are Sheet Account Account
Debited in
1300 A' type of item are generally ….. 0% 10% 50% 1% 1%
Of all inventories cost

1301 ……… mainly focuses on the ABC EOQ ERP SAP EOQ
right quantity of items to be
Stored to reduce the cost
associated with the inventories
Master Bill of Material Inventory record file
1302 Input to MRP are Production File with lead All of these All of these
 schedule time

To procure
1303 Objective of Purchasing are To ensure To procure right material at All of these All of these
quality of material reasonable price
material

1304 ……… module facilitates Production Purchasing Sales & Inventory Inventory
processes of maintaining the stock Marketing
Levels in a warehouse

1305 The quality management system of Customer Involment of Process approach All of these All of these
ISO 9001 : 2000 is based focus People
On
1306 Do it Right First Time- it is ISO TQM TQP All of these TQM
principle of
A process whereby superiors and
1307 subordinates jointly set MBE MBO MBS MBP MBO
Goals and assess contributions of
Every one to the common goals is
called .

Departmentation on the basis of Department Departmentati Departmentation by Departmentation by

1308 activities grouped according to the ation by on byproducts territory customers Departmentation by
type of customer is . function customers

1309 Management By Objectives was Taylor Elton Mayo Peter Drucker Maslow Peter Drucker
 introduced by .

1310 Motivation based on force of fear Negative Positive Extrinsic Intrinsic Negative motivation
is called . Motivation Motivation Motivation Motivation

Out of following which is not the Extra Quality of work Monopoly In Work gets
1311 correct advantage of 'Division of pressure of gets reduced Skills by few in Completed in less Quality of work gets
Work'? Work on reduced time reduced
very few
reduced
1312 No smoking the factor is an Rules Programme Project Schedule Rules
example of .
Management is an organ; organs can
1313 be described and defined only Peter F. Terry. Louis Allan. Henry Fayol. Peter F. Drucker
through their functions. This Drucker
definition was given
By .

1314 By India there is very large export Fruits and Chemicals Finished products Fishes Fruits and vegetables
of processed Vegetables

Maximum Employment of a Method of carring

1315 The following picture is weight to young person bricks None of these Employment of a
associated with : carried young person
1317 Aim of financial management is Control of cash Financial Management All of the above All of the
at Control of above
Earnings

1318 Computer software, goodwill, Tangible assets Intangible Capital work in None Intangible
brands / tradmarks, mining Assets Progress assets
Rights, copyrights and patents are
known as

1319 Is levied on the sale of Customs duty Sales tax Service tax Gift tax Sales tax
commodity, it is
Produced or imported and sold
for the first time.

1320 Suppose following is budget of a Total cost Total cost on Total cost on Cost per unit Total cost on
company : 'T' stands for Direct labour Indirect labour direct labour

Loss due to Cost to be paid to Cost of Cost of

1321 Material handing cost means deterioration consumer packing handling Cost of
material material handling
material

1322 C' class items are % of the total 10-May 15-25 65-75 None of the 65-75
number of above
Items

1323 To have selective control and ABC analysis EOQ Inventory None of the ABC analysis
focus attention only on
 Important items will helps above
manager

JIT (Just-In-Time) inventory Well-organized

control is an approach to Receiving and Strong Suppliers located High quality of
1324 inventory control, which handling of materials management in diverse and materials Suppliers
stipulates that materials should purchased from commitment distant locations purchased from located in
arrive just, as they are needed, in Suppliers suppliers diverse and
the production process. Which of distant
the following would generally not locations
be associated with a successful JIT
program, for the purpose of
inventory control?
Is a computer based
1325 system designed to MRP ERP MPS TQM ERP
Stramline and integrate various
operation and information flows
in the company

1326 Each is lead by the area Kaizen 5S Quality Circle ERP Quality Circle
supervisor and all circles
Are co-ordinated by a facilitator

1327 Six sigma is improvement Manufacturing Business Customer Continous Business

methodology Relationship
 Following are the principles of :

1328 1) System approach to Delegation Organization ISO:9001 EOQ ISO:9001

Management 2) Continual
improvement 3) Factual approach
to decision making 4) Mutually
beneficial supplier relationships

Karmayogi Birla Sunlife

1329 Which of the following organisation Kirloskar Oil Engines Bajaj Electricals Sahkari Sakhar Insurance Birla Sunlife

belongs to Service Sector? Limited Limied Karkhana Company Insurance

Limited. Company
Limited.

Identify the organisation which Tata Consultancy Hindustan Steel authority Bharat
1330 belongs to Information Sevices Limited Antibiotics of India Electronics Tata
Technology Sector. Limited Limied Consultancy
Sevices
Limited

Increase in size of Increase in Increase in Decrease in

1331 Which of the following is not market quality foreign rainfall Decrease in
effect of globalisation in India? Awareness Investment rainfall

1332 Name the scientist who put Elton Mayo Abraham Peter Drucker Frank Gilbreth Abraham
forward the theory of 'hierarchy Maslow Maslow
Of human needs'.
1333 Which theory was put forward by Management by Industrial Functional Scientific Scientific
F.W.Taylor? Objectives Management Management Management Management
Which alternative can replace Authority, Authority, Authority, Accountability,
1334 blank spaces in given statement? opportunity responsibility discipline productivity Authority,
Statement: '----------------------- responsibility
and----------------------
Must always go together.'

1335 Identify function of management Decision making Conducting Maintenance of Material Decision
from following alternatives. Market survey Machines handling making
Identify correct meaning of Fayol's The interests of an The general Interests of The general
principle 'Subordination of individual are more interests are A subordinate individual interests are
individual interests to the general important than more important should generally subordinates more important
1336 interests.' general interests. than individual take interest in finally result into than individual
interests. his work general interest. interests.

What is the correct sequence of

1337 control procedure? ( P) taking RQSP RPQS RSQP PQSR RQSP
corrective action (Q) Measuring
actual performance ( R
)Setting up standard (S)
Comparison of actual with Standard

Identify the alternative which does Separate legal status Unlimited Perprtual Separation of
1338 not indicate feature of a joint Liability Succession ownership and Unlimited
stock company? Management Liability

1339 In which type of organisation Line organisation Line and staff Project Functional Line
decision making activity Organisation Organisation Organisation organisation
Consumes least time?

Some women from a village want

to set up a small industrial unit to Partnership Co-operative Private Limited
1340 produce various types of Jams Proprietory firm firm Society Company Co-operative
,Jellies,Juices from locally Society
available fruits.Which form of
ownership will be more suitable
for this agro based industry ?

1341 What is the most suitable base for Product Process Function Territory Territory
departmentation for a
Company selling only washing
machines over entire India?
 Identify the alternative which can

1343 correctly replace blank 7:00 a.m. To 7:00 p.m. 8:00 a.m. To 6:00 6:00 a.m. To 7:00 6:00 a.m. To 7:00
Spaces in following statement. 7:00 To P.m. P.m. p.m.
Statement:According to Factories P.m. 7:00 a.m.
Act ,women workers can work in
factories only in hours between
---------------------------.

Which industrial Act safeguards Payment of Minimu Workmens' Industrial Dispute

1344 interests of workers against their bonus Act m Wages Compensation Act Minimum Wages Act
expolitation regarding wages? Act Act

Unsafe Leakage of

1345 Identify from the following a Operating at loading or Physical or Chemical through Leakage of chemical

mechanical cause of accident . unsafe speed unloading mental fatigue valve of storage through valve of
of goods tank storage tank

1346 Which of the following is not the Excise duty Municipal Income Tax Gift Tax Excise duty
direct tax? Property
Tax

1347 The expenditure on which of Machine Tools Electricity Maintenance of Patents Maintenance of
following items can be classified Generator Machines machines
As Working Capital?
 Debenture Debenture
holders can holders get
Debenture vote in interest on their Debenture holders
holders are annual investment have a charge on
1348 Identify false statement out of creditors of the general irrespective of the assets of the Debenture holders can
given statements company. meeting of Company's company. vote in annual general
the financial meeting of the
company. performance. company.

1349 Which budget can be considered as Final Budget Central Master Budget Total Budget Master Budget
summarised budget for Budget
Entire organisation?
Which pair is correctly matched?

1350 Group I :(p)Excise duty P-b,q-a,r-d,s-c P-b,q-d,r- P-b,q-c,r-a,s-d P-c,q-a,r-d,s-d P-b,q-d,r-a,s-c

(q)Customs duty (r ) Income Tax (s) a,s-c
VAT Group II: (a) Income of
individual (b) Production of goods
(c )Amount of value added
(d) Import of goods
Which costs are optimised to find All (p),(q),( r),(s)
1351 EOQ ? (p)Procurement Cost (p)& (q) (p), (q)& (p)& (t) and (t) (p)& (t)
(q) Material Cost ( r) Labour Cost ( (t)
s) Indirect Cost (t) Inventory
 carrying cost
Cost

Cost of storage towards Cost of insurance Cost of placing Cost of placing

1352 Which costs can not be considered as of materials Deteriorati of material purchase order for purchase order for
inventory carrying cost? on and materials materials
obsolescenc
e
Of
materials
Time duration Time required
Between Time Between Total time required Time duration
placing an required to receiving the for purchase between placing an
1353 What is lead time? order to the compare material and procedure order to the
supplier and the actual supplier and actual
actual quotations manufacturing receiving material
receiving received
material
Employee Energy Enterprise Export Revenue
1354 What is full form of ERP? Recruitment Resource Resource Planning Enterprise Resource
Planning Planning Planning Planning
 'A'category
'A'category items items are
should be least in 'A'category items
purchased in number but The safety stock require careful
1355 Which statement regarding large quantity their share for 'a'category and accurate 'A'category items should
'a'category items in ABC analysis is and less in annual items is kept less determination of be purchased in large
false? frequently consumptio EOQ. quantity and less
n cost is frequently
maximum.
What is the correct sequence of
Purchase procedure? (
1356 P)Decision of purchasing (Q) Issuing S-P-R-Q-T-U S-R-P-U- S-Q-R-U-P-T S-P-R-U-Q-T S-P-R-U-Q-T
Purchase order ( R Q-T
)Market analysis of material
suppliers (S) Material requisition
received (T)Material
receiving,accepting and payment
to supplier (U) Finalisation of
suppliers

1357 Identify the position which is not Facilitator Director Member,Steering Leader Director
included in organisation for Committee
Quality Circle?
 Quality Quality is The cost of non Quality is
1358 Identify incorrect statement from increases defined by quality is high. negotiable. Quality is negotiable.
given alternatives. productivity. the
Customer.
1359 What is not included in 5S? Seiri Seition Shinto Seiso Shinto
ISO ISO
9001:Model 9003:Mode ISO 9004:Model
for Quality l for for Quality ISO 8402:
1360 Find incorrect pair of ISO assurance in Quality management and Management of ISO 8402:
standard and and its title. production,instal assurance Quality system audit programmes Management of audit
l ation and in final programmes
servicing inspection
and testing

Do it right Continuous Higher the Empowering the

1361 Which of the following is not first time. improvemen Quality,higher the staff Higher the
principle of TQM? t cost. quality,higher the
cost.
 Procurement Cost and Procurement
1362 Which two costs are optimised to Production Cost Cost and Selling Cost Material Cost and Procurement Cost

find EOQ ? Inventory and Labour Cost and Inventory

Carrying Cost Production Carrying Cost
Cost
Interest on Cost of Cost of placing
1363 Which costs can not be considered Cost of receiving Capital follow up purchase order for Interest on capital

as procurement cost? quotation invested in and materials invested in

inventory expediting inventory
purchase
order
A collective term A place where all A collective term
1364 What is right meaning of used for raw raw materials and used for raw materials
inventory? materials and consumables,work- in- and consumables,work-
consumables,wor k- A record of all A woman process,finished in- process,finished
in- process,finished inventions inventor goods.are stored. goods.
goods.
Which alternative can replace blank Material Enterpris Management
1365 space in given statement? requirement Inventory e Information Enterprise Resource
Statement ---- is a business planning Control Resource System Planning
management system Planning
Which integrates all functional
 units of the business through a
common corporate database.
Preference Preference Preference Preference
Which statement regarding shareholders enjoy Shareholders shareholders shareholders have Preference shareholders
1366 preference share holders is voting right. have first claim get fixed low risk of enjoy voting right.
incorrect? to get dividend. dividend investment.
/annum

Which of following can not be Long term Loan Retained Long term
1367 considered as source of fixed From financial Earnings Bank Debentures Bank overdraft
capital? institutions overdraft
Which alternative can replace blank

1368 space in given statement? Profit and Loss Cash flow Budget Balance Sheet Budget
Statement : A -- is a forecast of Statement statement
revenues
,expenses and resources over a
specified future period of time.

Which industrial Act safeguards Indian Factories Act Minimum Workmens' Industrial Dispute
1369 interests of workers regarding their Wages Act Compensati Act Indian Factories Act
health,safety and welfare? on Act

Workers

Poor housekeeping in Talking on Slippery Insufficient

mobile phones floors number of Workers talking on
1370 Identify the cause of accident the plant. while because of emergency exits and mobile phones while

which is a personal factor? operating spillage of doors operating machines.

machines. oil on floor
Adequate Providing
1371 Which of the following can not Ventilation by facility for Providing Providing facility of Adequate ventilation
be considered as welfare circulation of fresh sitting facility of creches by circulation of fresh
activity for workers. air canteen. air
Identify the alternative which can

1372 correctly replace blank 12 hours in a day 36 hours in a 48 hours 10 hours in a day 48 hours in a week
Spaces in following statement. week in a week
Statement:According to
Factories Act no adult worker
should be required or allowed to
work in a factory for more than -
-.
Public sector Public Sector The main
Industries encourage leads to motive of Public sector

In following alternatives,some development of equitable public generally The main motive of

1373 statements related with Public underdeveloped distribution of sector units dominates public sector units is

Sector are given .Identify which regions of the wealth and is profit and production of profit and social benefit

statement is incorrect . country. income. social producer goods. is secondary motive.

benefit is
 secondary
motive.

1374 What is minimum number of 2 7 20 50 7

members in a public limied
Company?
Joint stock

Joint stock Members of Companies

companies have no joint stock can Joint stock
separate legal status company have undertake companies have no
1375 Which statement regarding Joint than their members. limited several None of the above separate legal
stock companys is incorrect? Liability. activities like status than their
expansion,mo members.
der
nisation,diver
sific
Ation ,etc.

1376 In which form of ownership,the Private limied Public limited Proprietory Co-operative Proprietory firm
owner has to bear unlimited Company Company firm Socirty
Liability?

For which type of following Manufacturing of Providing Extraction Exploration of

1377 business, the form of cooperative sewing machines laundry of oil from metals from mines Extraction of oil from
 society will be the most suitable? Services groundnuts groundnuts

1378 Identify the subfunction which is Leadership Communicatio Co- Supervision Co-ordination
not included in Directing N ordination
Function.

To select suitable To guide and To execute plans

Identify the alternative which does staff for lower level Instruct To evaluate determined by top To guide and
1379 not give function of middle level of management workers performance level of instruct workers
management. regarding daily of management. regarding daily
workload supervisors workload

1380 Name the scientist who put Abraham Maslow Frank Gilbreth Henry Fayol F.W.Taylor F.W.Taylor
forward the theory of 'Scientific
Management'.

1381 Which of the following is not an Jute bags Chemical Jaggery Fruit Jam Chemical Pesticide
Agro Industry based product? Pesticide
 General

1382 Identify the organisation which Tata Motors Bank of Insurance Taj Group of Tata Motors
does not belong to Service Limited Maharashtra Corporation of India Hotels Limited
Sector.
Identify false statement out of Cultural Small scale Cheaper products Identity of Identity of
given statements in transfusion is industries are manufactured nationality is nationality is
1383 alternatives,regarding creating threat to facing severe outside India are enhanced due to enhanced due to
effects of globalisation. Indian culture competition preferred by Indian foreign foreign
and tradition. from large customers compared collaboration and collaboration and
scale to Indian products multinational multinational
industries. companies. companies.

Bharat Heavy Birla Sunlife

1384 Which of the following organization Bajaj Electricals Electricals Bhima Sahkari Insurance Bharat Heavy
belongs to Public Sector? Limited Limied Sakhar Karkhana Company Limited. Electricals Limied
What is the first step of Purchase Accepting material
procedure? ( P)Decision of Finalization of Issuing Purchase Material and making
1385 Purchasing (Q) Issuing Purchase Supplier Order requisition payment to Material
order ( R )Market analysis of received supplier requisition
material suppliers (S) Material received
requisition received (T)Material
receiving, accepting and payment to
supplier (U) Finalization of
 suppliers

1386 What is the term used for slow but Kan Ban Seiketsu Kaizen Poka Yoka Kaizen
never ending improvement
In all aspects of life ?

1387 With reference to 5S, which pair of Seiri-Sustaining Seition-Set in Seiso-Shining Seiketsu- Seiri-Sustaining
Japaneese word and its Order Standardising
Meaning in English is not
properly matched?

What is the correct sequence of

planning procedure? ( P) Planning
1388 premises (Q) Implementing Plan & TPRSQ TPSRQ RSQPT PTSRQ TPSRQ
taking corrective actions ( R
)Evaluating Alternatives &
Selecting the best (S) Developing
alternative Plans(T) Fixing
objectives
M/s Madhura Sugars is a private

1389 firm in sugar industry which Line organisation Line and staff Project Functional Line organisation
Produces and sells sugar, that is organisation Organisation Organisation
produced by chemically processing
sugarcane juice.Which type of
 structure is more suitable for this
company?

State Bank of Industrial State Financial

1390 Which of the following is not India Development Corporation Unit Trust of India State Bank of India
financial institution? Bank of India
'C'category 'C'category items
'C'category items items are least in 'C'category items should be purchased
Which statement regarding 'c'category require careful number but should be in large quantity
items in ABC analysis is true? attentionand their share in purchased in large and less frequently
1391 accurate annual quantity and less 'C'category are
determination of consumption frequently less valuable.
EOQ. cost is
maximum.
Knowledge Knowledge Knowledge
1393 KPO stands for Procedure Process Process None of above Knowledge
Outsourcing Outsourcing Organization Process
outsourcing

1394 Is recruitment of right people Planning Organizing Staffing Controlling Staffing

at right place in an
Organization
1395 Was main contributor in the Frank Gilbreth Peter Drucker Frederick Taylor Henry Fayol Frederick Taylor
scientific school
1396 Has to be maintained in an Scalar Chain Order Equity Unity of Command Equity
organization while treating
The employees
The managers working at middle
1397 level manages Strategically Tactically Operationally All of the above Tactically
the
Whole organization and reach to
the goal defined by top
management.

Stands for granting of

1398 authority to subordinates to Delegation of Responsibility Effective Accountability Delegation of
accomplish or perform a Authority Delegation Authority
particular assignment while
operating within pre-decided limits
and standards established

1399 Are private and mainly created Private Partnership Joint Stock Cooperative Cooperative
for providing the Undertaking Companies Organizations Organizations
Different services to the
individual as well as society.

In minimum members involved Joint Stock Joint Stock Co-operative Private Joint Stock Private
1400 are 2 and maximum are 50 Private Limited Public Limited Organization Undertaking Limited Stock
Stock company Company company
1401 Are Public welfare Department, Government Public Public Private Government
Department of Human Departments Companies Corportations Undertaking departments
Resource Development etc

Accident because Accident Accident because of Accident because

1402 Tsunami is an of human beings Because of bad weather Of Natural Accident because of
Management Disasters Natural Disasters
1403 Is universal lubricant which Capital Finance Budget VAT Capital
keeps enterprise dynamic

1404 The is an accounting and a Retained Depreciation Deferred All of the Above Depreciation
taxation term Earnings Provisions Taxation Provisions
Equipment

1405 Suggest the appropriate types of Trade credit, Leasing, Sale and Lease Credit Sales, Trade Equipment Leasing,
sources for Middle Term Capital Bank Credit Straight Term Back, Loans Credits Straight Term
Loans Loans
1406 ABC Analysis plays a vital role in Finance Inventory Both (a) and (b) Material Inventory
management

1407 Is one which allows lowest Economic Economic Equal Order Equal Order Economic Order
cost per unit and is most Order Order Quantity Quality Quantity
Advantageous Quantity Quality

The SAP ERP product is very Material Enterprise Material Material

1408 popular for material management Requirement Resource Resource Management Material
called as Planning Planning Planning Module Management
Module

Master Master Master Sales

Distribution Production Schedule, Master Output Master Production
1409 Suggest the appropriate inputs to Schedule, Schedule, Inventory Sale Schedule, Schedule,
MRP: Inventory File Inventory File Inventory Bill File Inventory Record
Record File
 File

Arrange the activities of Purchasing

Procedure before issuing Purchase
1410 order i) Making request for I, ii, iii, iv Ii, i, iv, iii Ii, iii, i, iv Iv, i, ii, iii Ii, i, iv, iii
quotation ii)Selection of possible
potentials sources of supply
iii)Selection of right source of
supply iv) Receipt and analysis of
quotations
Customer Customer Custom Relative Customer Relative
1411 CRM is Relationship Relation Management Manager Customer
Management Manager Relationship
Management

Includes Monitors and Includes Data

Need of Supervision Measures Analysis for Need of Internal
1412 Clause of ISO 9001:2000 Internal Internal and products as well continuous Audits at pre planned
Audit includes Audits at pre Measurements as services improvement intervals
planned
intervals
Match the following -Select
1413 Proper Option l) Quality Circle L -i, m-iii, n-ii L- ii, m-iii, L-ii, m-i, n-iii L-iii, m- ii, n-iii L-ii, m-i, n-iii
 i)School of Wisdom m) Kaizen ii) n-i
Small group of voluntary
Employees n) 6 sigma iii) 3.4
defects per million

1414 Statement 1:MRP maintains Both 1&2 are Both 1&2 1 correct, 2 1 wrong,2 correct 1 wrong,2 correct
maximum inventory Statement Correct are Wrong
2:MRP provides better inventory Wrong
turnover
To produce To maintain
1415 Why purchasing is required material at standards of Both a and b None Both a and b
lowest Quality
Cost

1416 Which Statement is wrong? Zero Is difficult to Consume less Avoids wastage Is costly Consume less time
based budgeting Implement Time
1417 Labour budget is based on Flexibility Function Mechanism None Function

A budget which is designed to Capital

1418 change in relation with the level of expenditure Variable Cash budget Material budget Variable budget
activity of the business Budget budget

According to Workman's Injury caused Any

1419 compensation act, in which of the during Injury disablement/dea th All of above All of above
following cases should an employer employment caused by after accident
provide compensation to the accident
 employee?

1420 Who is responsible for accident Worker Management Working All of above All of above
Condition

1421 Which is not correct advantage of It is simple Confusion is Specialised Easy to Specialised
'line organisation' Less Understand

1422 Which is barrier in Language Poor Confused All All

communication Problem Knowledge Information
In team
Work,there is Talent of Teamwork creates Big task is easier Talent of each
1423 Which Statement is wrong more each good work culture due to teamwork member cannot be
contribution member used
from many cannot be
used

Authority can Authority is Hidher the Authority is right to

1424 Which Statement is wrong not be the power to Post,higher is the command Authority can not be
delegated act authority delegated

Discipline has Organisation Discipline starts Lack in discipline

1425 Which statement is wrong ? no excuss Needs From bottom to Leads to loss Discipline starts
discipline top control from bottom to top

1426 Out of the following which is not Planning Controlling Discipline Directing Discipline
function of management
1427 Mc Gregor has given contribution Concept of Motion Theory X Time study Theory X
in Bureaucracy Study &Theory Y &Theory Y

1428 Domestic trade is also called as Global trade Foreign International Internal trade Internal trade
trade Trade

1429 India is largest market in the Cars Three Heavy Vehicles Public travels Three Wheelers
world for Wheelers

1430 Statement 1:procurement is a Both 1&2 are Both 1&2 1 correct, 2 1 wrong,2 correct Both 1&2 are
systematic process Statement 2: Correct are Wrong correct
Purchasing is a routine process Wrong

1431 Quality managemant Assures Only few do Both a and b None Assures Quality
Quality all
Work
Match the pairsof column 1 & 2
1432 Column 1 a) Seiri b) Seition c) A-1,b-3,c-4,d- A-2,b-1,c- A-3,b-2,c-1,d-4 A-4,b-3,c-2,d-1 A-4,b-3,c-2,d-1
Seiso d) Seiketsu Column 2 1) 2 3,d-4
Standardise 2) Sanitise 3)
Systemise 4) Structurise
 What is the relationship between Classificatio Graph is drawn Graph is not Classification is
1433 graph & classification of A, B, C n is After Drawn in ABC None done after
categories? Done after classification analysis drawing graph
drawing
graph

1434 Which is the assumption in EOQ? Cost of One stock out Both I & ii None None
placing Is allowed Options
Order is
variable

1435 Determines quantity & ERP MRP-II MRP SAP MRP

timing for material planning
1436 Shares is included under source Short term Medium term Long term None Long term
of finance

Statement - 1 : Excise is direct tax Statement 1 Statement 1 is Statement -1 is Both statement 1 Statement 1 is
1437 Statement -2 : Excise is a & 2 are wrong & 2 is correct & 2 is & 2 are correct wrong & 2
commodity tax wrong Correct Wrong is correct

1438 Structure of organisation is Organisatio Oragnisation Organisation All the above Oragnisation chart
represented by n Chart Draft
Brochure
1439 Which is the first need in Security Physiology Social Self-Actualisation Physiology
Maslow's need hierarchy?
1440 Following industry comes under Mining Cement Service Industry Sugar Industry Service Industry
tertiary sector in economy industry Industry
1441 Reserve Bank of India established 1947 1950 1933 1935 1935
in

Continuous Total involvment of

1442 Which is the component of Customer improvement all employees All the above All the above
TQM? focus

1443 5 S is Systematic Good Disciplined Positioning of Positioning of

way of Housekeeping Items items
Working

Special Special State economic zone Special

1444 SEZ means export economic zone engineering zone Special economic
zone zone

1445 Which is first need in Maslow's Physiologic Security Social Self actualisation Physiological
need of hierarchy? al
1446 Government sector is also called Public Service sector People's sector None Public sector
as sector
1447 Which is incorrect type of Active Perfect Nominal Sleeping Perfect
partner?

Public Private limited Ownership Partnership

1448 Tata motors refers to which of the limited company company company Public limited
following company type company
 company
Accident in Injury without
1449 Internal accident means the Showing Both None Injury without
Premises of external signs showing external
company signs

Leader's Facts bades

1450 Six sigma success factors are commitm Innovative Decision making All All
ent ideas

1451 An adult worker can work up to 8 9 10 12 9

hrs in a day as
per
Factories Act, 1948.

1452 Who is incorrect person in the Wife Minor son Widowed mother Friend Friend
defination of Dependent?

1453 Minimum & Maximum 4,20 2,20 4,10 2,10 2,20

Persons
Can be partners in a business

1454 Delegation is a right given by a to Manager, C. E. O., H.R. Manager , Superior , Superior ,
to make Employee Supervisior Subordinate Subordinate
Decisions.

1455 A public limited company can have 2, unlimited 2, 100 4, 100 7, unlimited 7, unlimited
 minimum and
Maximum members.
1456 The staff specialist provides to Machines Work Advice Orders Advice
line managers.
1457 Need- want - satisfaction chain is Maslow Taylor Drucker Fayol Maslow
invented by

1458 Policy covers all the medical Health Travel Life insurance Motor insurance Health insurance
expenses following insurance Insurance
Hospitalisation.
1459 The current effective service tax 10% 12% 12.36% 15% 12%
rate is:

1460 Which one of the following is not Short- term Trade payables Short- term Long- term Long- term
a current liability? Borrowings Provisions Provisions provisions

1462 Which is the first step in Decision for Material Finalisation of Market analysis Material
purchasing? Purchasing Requisition Supplier requisition

1463 Statement 1- ERP needs Both 1 and Both 1 and 2 1 correct, 2 1 wrong, 2 1 correct, 2 wrong
exhaustive training to employees 2 Wrong Wrong correct
Statement 2- Cost of ERP Correct
installation is less

1464 Give the % of total consumption A-5-10, B- A-70-80, B-10- A-5-10, B-10-20, A-70-80, B-1-46, A-70-80, B-10-20,

cost in above figure 30-60, C- 20, C-5-10 C-20-80 C- C-5-10

 5-10 5-10

1465 Innovation shows Big, Small Small, Big Small, Small Big, Big Big, Small
steps and Kaizen
shows steps in
Speed of work

1466 A Pareto chart points out: That the The key cause Process Customer needs The key cause
process Capability
Is in control

Customer Promote Empowering

1467 Which one of the following is not satisfaction communication employee Feedback Feedback
a principle of TQM?

1468 If XYZ company makes or produces Service Manufacturing Trade All of these Manufacturing
tvs it can be called as
Type of industry.
1469 Infosys is example of industry IT Textile Manufacturing All of these IT

1470 In banking sector ATM stands for Any Time All Time Automatic Tailor Automated Automated Teller
Money Money Machine Teller Machine
Machine

1471 Edible oil is a product of Textile IT Industry Agro Industry Chemical Agro Industry
Industry Industry
 Thinking or Used at low Used at all levels Thinking and
1472 Administration is a Determinat Level of of Management Doing function. Thinking or
ive management Determinative
function function

1473 Management is responsible Low Top Middle Low and Middle Top
for the image of the
Company.

Conceptual and Conceptual,

1474 Skill is needed at the top level Technical Technical Conceptual Technical and Conceptual
of Management Human

1475 Is the most basic and primary Organizing Purchasing Directing Planning Planning
function of Management
Out of various principles of
1476 management Initiative Centralization Division of work Order Centralization
princi
ple of management concerns with
the distribution of autorities
Among the various levels of
management.

Function of management
1477 consists of man power Controlling Organizing Staffing Planning Staffing

Planning, recruitment, selection,

 training of employees etc.
Priority will be
Priority will Given to
be given to shareholder to Equal priority will Priority will be
debenturehol receive his be given to Shareholder and given to
1478 In the event of liquidation of the der to money before shareholder and debentureholder debentureholder to
company, a receive his the debentureholder. earns profit. receive his money
money before debenturehold er before the
the gets something. shareholder gets
shareholder something.
gets
something.
1479 Co-operative society runs on More profit Less profit or No profit or no All of these No profit or no loss
basis. or More loss Loss
More loss
In functional organization an Delay in
1480 employee reports to several Specializatio Decision Single command Double command Double command
Higher authorities is called as , n making
which is disadvantage of
functional organizational.

1481 As we move from bottom level of Wide Constant Narrow None of these Narrow
management to higher level
 Of management the span of
control becomes

In line organization high level of

1482 obedience on the part of sub- Autocrati Simplicity Prompt Decision Effective discipline Autocratic approach
ordinate is required. Due to which c
is approach
developed in the higher
authorities, which is disadvantage
of Line type.

If an employee gets injured in a The factories The Maximum Health Provision The employees
1483 factory while working ,then he is act 1948 Wages Act act Compensation act The employees

eligible to receive compensation 1948 2009 compensation act

under act . 2009

1484 The capital which is required for Working Fixed Working and Initial Working
day – to – day needs is Fixed
Labeled as capital.

1485 The overall or summary budget is Master Sales Budget Marketing Production Budget Master Budget
called as Budget Budget

1486 If salary of an employee is above Income VAT Octroi All of the above Income
12 lacs per annum, then he
Will pay tax to central
 Government.

1487 Identify taxes collected by Income and Custom duty Stamp duty and Octroi Income and Excise
Central Government Excise Luxury

1488 Identify taxes collected by state Income and Custom duty Stamp duty and Excise only Stamp duty and
Government Excise Luxury luxury
Annual
1489 In EOQ : Economic Order Quantity; Holding cost Demand Purchase price Order quantity Order quantity
Q is Quantity

1490 Preperation of comparative Staffing Production Purchasing Recruitment Purchasing

statement is part of
Procedure.

1491 Motor byke ready with engine Indirect Semi-finished Finished Raw Semi-finished
fitting and all other accessories
But without tyres is example of
inventory

In case of ABC analysis of material A type : A type : screws; A type : mother

management, and in case of mother B type : power board, RAM; B
Computer sub parts following are board, supply; C type : type : screws C A type : mother
1493 the various type of materials used RAM; B mother board, type : power None of these board, RAM; B type
like mother board and RAM, type : power RAM; supply; : power supply; C
power supply, screws for mother supply; C type : screws
 board fitting etc. Then which is A type :
type, B type and C type ? screws

1494 Kaizen is basically technique Japanese Chinese American Indian Japanese

1495 The parts per million defects are 1.4 2.4 3.4 4.4 3.4
accepted in 6 sigma is

1496 In 5 S technique can also Seiri Seiton Seiso Shitsuke Seiton

translated as "Set in order" or
"Stream line"

1497 What plays an important role in the Satin Wood Cotton Machines Cotton
Indian Textile Industry ?

1498 Which of the following is not a Controlling Organising Working Leading Working
basic function of the
Management process?

1499 In line organisation ,who is The worker The Superior The managers The foreman The managers
responsible for final result? Authority

1500 Which of the following is not the Quick Large Capital Professional Limited Liability Quick Formation
advantages of a public Formation Management
Limited company?

1501 Which of the following is not the Quality Quantity Storage of goods Controlling Storage of goods
responsibility of a production Accidents
Manger?
1502 In partnership, the partners have TRUE FALSE Partly True Partly False TRUE
unlimited liability, is it true
Or false?
1503 What happens in fatal accident? Hospitalisatio Fractures Disablement Death Death
n

Is a factor influencing Nature of Higher operating

1504 ? requirements of fixed capital Capitalisation business efficiency None of above Nature of
business

1505 Which one of the following is not Receipts Disbursement Financing Section Capital section Capital section
a major section in cash Section s
Budget? Section

1506 Which one of the follwing is not a Income Tax Customs Weaith tax Stamp duty Stamp duty
tax charged by the central duties
Government?

1507 Service tax is applicable to the Goa Assam Jammu and Punjab Jammu and
whole of India except the state Kashmir Kashmir

1508 What are the various costs involved Procurement Inventory Total cost A and b both A and b both
in material management? Costs Carrying
costs
Forecast of Economy in buying
1509 One of the functions of MRP material Reducing All of the these All of the these
Requriment waste
1510 Which one of the following can Human Sales and Finance All of the above All of the above
be an ERP module ? resource Marketing

1511 An activity under quality Process Continuous Benchmarking None of above Process control
assurance : control Improveme
nt

1512 Which one of the following Greater Less Customer Both 'A' and 'B' Both 'A' and 'B'
benefits the customer due to TQM Satisfaction number of Empowerment
? Problems

1513 Old Indian textile industry was Polyster Cotton Synthetic Textile Blended Fabrics Cotton
predominantly
bas
ed.

1514 Which one of the following Basic Life Specialty Consumers Life Sciences
categories of chemical industry has Chemicals Sciences Chemicals Products
Smallest volume?

1515 Espirit de Corps means . Coordination Principle of Name of the Management Principle of
Managemen Company Concept in France management
t

Distribute the Make Give freedom for

1516 Aim of Departmentation is to . work people each function All of above All of above
specialised
 Works on Ownership is in the
1517 Which statement about democratic Membership hands of the It is private Ownership is in

cooperative society is wrong? principal is voluntary Government ownership the hands of the
Government
1518 Week as per Factory Act is a period Mondays Saturdays Sundays Thursdays Saturdays
between two .

1519 According to Factory Act , 12 3 6 9 6

drinking water must be away from
Latrine by meters.

1520 Working capital is also called as . Fixed capital Floating Blocked capital Circulating capital Circulating
capital capital
1521 #NAME? Income tax Customs Wealth tax Gift tax Customs duty
duty

1522 1) VAT is not simple and Both 1 & 2 are Both 1 & 2 1 correct & 2 1 wrong & 2 1 wrong & 2
transperent 2) VAT is progressive Correct are Wrong Correct correct
Form of Sales tax. Wrong

1523 Material planning is based on data Sales Production Purchase All Sales Department
from . Department Department Department
1524 Holding cost is also known as . Receiving Cost Carrying Production cost Design cost Carrying cost
cost
Tightly
Controlle
1525 In ABC analysis which one is Most d Weekly control Insignificant items Insignificant
incorrect about 'A' items important inventory statement items
items

1526 Which one of the following is one Quality aspect Continuous Customer Product aspect Product aspect
of the aspect of TQM? Improveme Satisfaction
nt

A statistical A trouble Teams are effective 3.4 defects per

1527 Six Sigma implies that . method shooting million output 3.4 defects per
Method million output

1528 Which one of the following is a Improved Improved Employee All of these All of these
benefit of the Kaizen? Efficiency Safety Satisfaction

1529 Classification of industry based Area of work Kind of Both(i) and (ii) None of the above Both(i) and (ii)
on Ownership
1530 SEZ policy announced in 2000 1999 2001 2002 2000
1531 Getting the things done through Direction Adjustment Organisation Management Management
others is called

1532 First step in planning is Establish goals Identify Prioritize goals Establish tasks Establish goals
Resources

It is a
1533 What is Espirit De Corps? It is a function principle of It is management It is a name of It is a principle of
of managemen concept in Russia company management
management
 t

1534 Achievement due to one will be General Limited Both(i) and (ii) None of the above General
shared by all others, this Partnership Partnership partnership
Happens in

1534 Achievement due to one will be General Limited Both(i) and (ii) None of the above General
shared by all others, this Partnership Partnership partnership
Happens in

It is not Quantity of It is prepared before

1535 About budget, which statement is time bound money is the It defines policies the period It is not time
wrong Basis bound
1536 Following is not concerned with MRP SAP ERP 5'S' 5'S'
material management

1537 QA is Quality Quality Quality Quality Action Quality

Administratio Affiliation Assurance Assurance
n

1538 In ABC Analysis, Items that are A Items B Items C Items D Items "C"
extremely inexpensive or have Items
Low demand are termed as

1539 Tax to be paid by manufaturer of Custom Duty Excise Duty Income Tax VAT Excise Duty
Goods/commodities/products to
government is
 Which of the following is/are To reduce To purchase materials at To minimize
1540 objectives of materials management material cost lowest cost Investment All of the All of the Above
related to Above
inventories

1541 A financial statement showing Profit & Balance Sheet Budget Capital Balance Sheet
assets and liabilities of Loss
Company at any given time is Statement
known as

1542 The Stock of goods in hand at the Sales Closing Stock Opening Stock None of these Opening Stock
beginning of the year is
Known as

Payment of
1543 Which of the following is not an employee Land Building Machinary Payment of
example of fixed capital? wages employee wages

1544 Which of the following is Retained Depreciation Share Capital Deferred Share Capital
external source of capital? Earnings Provisions taxation
1545 Safety promotes Sales Productivity Profit Research Productivity
Workmen's Minimun Wages Industrial
1546 Which Act safeguards interest of Indian Compensation Act Dispute Act Indian Factory Act
workers engaged in factory Factory Act Act

1547 Accidents happen in industry Workers Management Design of All of the All of the Above
 because of - Working place Above

1548 BSNL is a Public Joint Stock Private Limited None of these Public Limited
Limited Company Company company
Company

Clear & Simple division

1549 Line organization is characterized Simple,easy of authority No working All of the All of the Above
by & Flexible confusions Above
structure

When Prerna is comparing actual

1550 sales figures with goals Planning Controlling Organizing Directing Controlling
established earlier to see if her
department met the target, she is
performing which of the
following functions?

1551 A force that causes & inspires an Motivation Teamwork Quality Satisfaction Motivation
individual to behave in a
Specific way and to increase his
performance is called as
Which of the follwing function
1552 of management involes Planning Controlling Organizing Directing Controlling
measuring & comparing current
performance against the
 Established standards
Incomplete Absence of data analysis Unrealistic
1553 Planning may fail because of knowledge of nature of plan All of the All of the Above
Work Above

1554 Administration is activity in Top Level Middle lever Lower Level Upper middle Top Level

organization Level

Over use & heavy

Increased Information & Money is dependence on Transportation Over use &

free trade flowing more rapidly communication of people & heavy dependence
1555 Which of the following is NOT the between Media & IT goods became on communication
advantage of Globalization? nations Services & easy Media & IT
Services

1556 Travel & tourism business comes Service Manufacturing Trade Sector None of these Service Industry
under Industry Industry
1557 IT Enabled services ( ITES) Call centers BPO LPO All of the All of the Above
includes Above

1558 Which of the following includes SEBI RBI IDBI NABARD RBI
monitoring & controlling of
Banking & financial systems
throughout India
Voluntary
1559 In quality circle Participation of Without Non Voluntary Randomly None of these Voluntary without
employees in the group is any any compulsion or
compulsion Pressure
or Pressure

1560 First Preference in TQM is given to The Continuous Zero Defects Training & The customers
customers Improvement Development

1561 Inspection assures that The process Workers are Product meets Quality Product meets
is in Motivated Specification Problems Specification
Control Are Solved
1562 Commerce is also called as . Service Manufacturing Trade All of above Trade

1563 Out of the following which is not Decision Coordinating Reporting None of above None of above
the function of management making

1564 From the options given below, Clerks Supervisors Data entry All of above All of above
who belongs to the lower level Operators
Of management?

1565 Which is the appropriate reason Insufficient Lack of Over confidence All of above All of above
of failure of good plan? data Knowledge

1566 Determine objectives and goals is First Second Third Last First
step in
the
Process of organizing.
 1- Top 1- Vertical 1- High 1- Up
Management, Management, 2 Middle Management, 2- Management, 2-
Identify the levels of management 2- Middle management, 3 Centre Centre 1- Top
1567 with respect to the position held by management, Horizontal management management, 3- management, 3- management, 2-
the different persons in 3- Lower Low Down Middle
organization. management management management management, 3-
Lower management
Members are

1568 Which is the disadvantage of co- Beneficial to Involve in decision Straightens rural None of these None of these
operative society? common man making economic

1569 Security of job is maximum in . Partnership Public sector Joint Stock Co-operative Public sector
Companies Societies
1- Sender, 2- 1- Sender, 2- 1- Sender, 2- 1- Sender, 2-

For the given figure label the Channel, 3- Channel, 3- Receiver, 3- Noise, 3- 1- Sender, 2-
1570 number with the appropriate Receiver, 4- Receiver, 4- Channel, 4- Feedback, 4- Channel, 3-
components of communication Noise, 5- Feedback, 5- Noise Noise, 5- Receiver, 5- Receiver, 4-
process Feedback Feedback Channel Noise, 5- Feedback
 According to Factory Act,an
1571 ambulance room should be 500 300 400 450 500
Provided by every factory if the
number of workers is more than
.
Takes in account only Fixed budget Variable budget Functional budget All of the above
1572 those cost, e.g. Direct Variable budget
Labour and material, which vary
with output and over which the
department has control
Capital is that amount Permanent working Temporary Permanent
1573 of capital which Gross Net working working working
Must be in cash or current asset for working
continuing the activities of
business.

Select an appropriate response Short term Fixed budget, Functional Nominal budget,
1574 from the options that fits in the Budget, Long Flexible budget Budget, Master Precise budget Short term
blank space provided in the term budget budget budget, Long
budget chart: term budget

The purchase price

The ate of of the items does The lead time is
Which of the following is not The ordering demand/consu The lead time is not not change with not fixed
1575 correct assumption in calculating cost is mption does not fixed quantity i.e. No
EOQ? constant change discount is
available

1576 Each event of ordering has a Procurement Carrying cost Holding cost Purchasing cost Procurement
certain cost associated with it cost cost
Called .

ABC analysis divides an Annual Annual The number of

1577 organization on hand inventory Consumptio consumption Unit price units on hand Annual
into three classes based upon: n value consumption
value
They are now

They have They have a huge Shifting gears to They have a virtual

been slow to installed base of develop applications stranglehold on They are now
1578 Pick the false statement about develop customers. for good electronic "back-office" shifting gears to
ERP vendors. offerings commerce functions such as develop
related to e- Websites. order fulfillment. applications for

commerce. good electronic

commerce
websites.
Empowering
Systematicall employees to Gathering and
y developing Listening and continuously analyzing key
 and responding to the improve and increase performance Systematically
1579 An effective QMS focuses on communicatin customers’ needs their satisfaction with indicators to developing and
g a customer – and expectation their process and improve Communicatin
focus environment organizational and g a customer –
mission, process result focus mission,
strategies strategies and
and action action plans
plans
Structurize, Systemize, Sanitize, Self-discipline,
5S was developed in Japan and Systemize, Sanitize, Standardize, self- Structurize, Structurize,
1580 stands for the Japanese words seiri, sanitize, standardize, self- discipline, systemize, systemize,
seiton, seiso, seiketsu, and standardize, discipline, structurize, sanitize, sanitize,
shitsuke. The English equivalent self- Structurize Systemize Standardize standardize,
of 5S is - Discipline self-
discipline
Both statements are
The first Both statements are true, but the
Statement 1: The organization The first statement is false, true, and the second second statement
must establish, document, statement is but the second statement explains does not provide Both
1581 implement and maintain true, but the statement is true the first statement. an adequate statements are
documented procedures for its second explanation for the true, and the
internal audit, corrective and statement is first statement. second
 preventive action processes, false statement
among others Statement 2: This explains the
is a requirement of ISO first statement.
9001:2000

1582 Manufacturing is . Completing Production of Gaining profit None of above Production of

Demand Merchandize merchandize
1583 Is described as willing Service Manufacturing Trade All of above Trade
exchange of goods.

1584 The Indian Textile industry was Wool Cotton Polymers and Fabrics Cotton
predominantly Plastics
Based during post
independence.

Giving Interpretation of Framing rules

recommedatio policies framed And regulations to
1585 The functions of middle level ns to top by top be followed bt lower All of above All of above
management are management management level
Management

1586 Among the given options who are Senior Junior Supervisors All of above All of above
designated as members of Managers Managers
Middle level of management?

1587 Comparing actual performance with First Second Third Last Third
the standard is
 Steps in process of directing.

Identify the management

function which carries out this
process consisting of these basic
1588 steps: (1) identifying the problem; Directing Controlling Decision making Coordinating Decision
(2) identifying resources and making
constraints, (3) generating
alternative solutions, (4)
evaluating alternatives,
(5) selecting an alternative, (6)
implementing the alternative, and
(7) monitoring the alternative

1589 Bank of Maharashtra, Bata India Government Public Public All of the above Public
Ltd, Bharat fertilizers Ltd etc, Departments Companies Corporations companies
Are which types of companies?

Crèches should be provided when

1590 there are more than 100, 6 25, 6 25, 9 30, 6 30, 6
female workers having children of
age below
year
s.
Is prepared to co- Production
1591 Budget. ordinate between various Master Sales budget Budget Material budget Master budget
budget
 Periodically Determine the Fix product
Keep a check Evaluate the Financial of the price giving due Keep a check
1592 Which of the following is function of and control over progress of organization after consideration to and control over
financial management? the expenditure each analyzing profit the expenditure
department efficiency optimization

1593 What is the total amount of liabilities 22290 120140 225770 Nil 22290
from this balance sheet?

Instead of each department having

1594 its own database of information, MRP MPS BOM ERP ERP
puts all of the information
into a single place

Is the process of planning,

1595 procuring, storing and providing the Financial Materials Operation Marketing Materials
appropriate material of the right management management management management management
quality, right quality at the right
place in the right time.

1596 Is just a transaction and is Purchasing Placement Procurement Purchase order Purchasing
basic activity of
Purchase department.

(1) Ordering cost (1) Storage cost (1) Inventory cost (1) Ordering cost
1597 From the EOQ, label the cost at (2) Storage cost (2) Ordering cost (2) Ordering cost (2) Inventory cost (1) Ordering cost
 point 1 and 2. (2) Storage cost

It needs heavy It gives It is a Japanese It is a

1598 Which statement about kaizen is investment Commitment to technique continuous It needs heavy
wrong? quality improvement investment

Small and Small and Small and Small and

1599 SME's stands for . Medium sized Medium sized Medium sized Medium sized Small and
enterprises entity enrollment effects Medium sized
enterprises

1600 Is popularly known as the Mumbai Hyderabad Bengaluru Kolkota Bengaluru

Silicon Valley of
India and IT capital of India.
Business aims to
1601 identify factors Service Manufacturing Trade All of above Manufacturing
Hampering industrial growth and
seeks to redress the above factors.

1602 Which is not the principle of Centralisation Authority Decentralisation Esprit de corps Decentralisation
management, according to Henry
Fayol?
In the words of “planning is
1603 deciding in Oliver Sheldon Mary Follet Henry Fayol Harold Koontz Harold Koontz
Advance what to do, how to do it,
when to do it and who is to do it.”
1604 Measuring actual performance is the First Second Third Last Third

Steps involved in the process of

controlling.

Top level is known as because

1605 all important decision related to Strategical Level Tactical level Operational level All of above Strategical Level
whole organization is taken by top
management

Vertical dimension of organization Both hierarchy

1606 structure defines Departmentation Hierarchy And Divisions Hierarchy

. departmention

1607 Which of the following can be Car production Manufacturing Installation of a None of the Installation of a
considered as a project Of parts Dairy above dairy
Organisation?

1608 Which of the following business type, Sole Partnership Cooperative Joint stock Joint stock
has to pay double taxes Proprietorship Societies Company company
To the government?

According to Workmen's
1609 compensation act, a widow, a minor Dependents Workmen Minors None of above Dependents
son and a widow mother qualify as
of a
 worker.

An indirect Tax levied on those goods

1610 which are manufactured in India and Income tax Customs duty Excise duty Gift tax Excise duty
are meant for home consumption is
called
Forecast the Motivate the
Future financial Determine the Existing sources of
requirement of sources from finance to provide
1611 Which of the following is function of the organization which finance further finance in All of above All of above
financial management? considering can be obtained the future when
investment, required
expansion etc.
From which accounting sheet, the Trial balance Profit and Loss Balance Sheet Petty Cash
1612 net profit in balance sheet is carried Account Account statement book statement Trial balance
down? statement statement account statement
Which of the following methods of Perpetual Material turnover
1613 stock control aims at inventory system ratio Level setting ABC analysis ABC analysis
Concentrating efforts on
selected items of material
1614 The activity of ' Control " in Six Develop Determine Prepare control None of the Determine
sigma refers to: alternative Various controls chart above various controls
needed and needed and
validate them validate them

1615 Fill in the blank space provided in Quality control Quality circle TQM Quality Quality control
the figure with an Assurance
Appropriate tool given as options.
Also known as Cyber City is
1616 the major IT and Mumbai Hyderabad Bengaluru Kolkota Hyderabad
BPO hub in India which has major
IT MNC’s together and hence
called as Hitech City.
Industry primarily
1617 refers to Manufacturing that is Engineering Process Textile Hospitality Process
associated with formulas, procedure,
development, method and practice.

1618 Review of plan is the step in the First Second Third Last Last
process of
Planning.
 1- Authority and 1- Command, 2-
1619 From the figure of levels of Responsibility, 2- Authority and 1- Authority, 1- Responsibility, 2- 1- Authority
management which are the Command responsibility 2- Auhtority and
principles that flows upward Responsibility responsibility
and downward? , 2-
Command
Technical-skill Human skills Human skills
Human skills and Needs remain remain necessary Both human-skill remain
technical skills necessary and and technical- and technical-skill necessary and
Which of the following is true remain equally human skills skill needs needs decrease as technical-skill
1620 concerning technical and human important as decrease as decrease as managers move to needs
skills of a manager? Manager’s move to manager’s move Manager’s move higher decrease as
higher levels to higher to higher levels manager’s
Levels move to
higher levels

1621 One canteen should be provided 200 250 100 150 250
atleast per workers
in a
Factory.
To provide insurance coverage to Workman
1622 the employees who are Factories Act Industrial Compensation Minimum Wages Workman
Injured on the job with payment for Disputes Act Act Act Compensation
 lost wages, medical care, and if Act
necessary, vocational
rehabilitation is the primary
purpose of the –

1623 Budget shows the estimate Material Purchase Direct labour Overhead Direct labour
of direct labour
Needed to carry out the budget
output.

1624 Includes the free reserves of the Share capital Reserves and Other long-term Long-term Reserves and
company which are built Surplus Liabilities Provisions surplus
Out of the genuine profits of the
company.

1625 Land, buildings, plant and Tangible assets Intangible Capital work in None Tangible assets
equipment, furniture and fixtures, Assets Progress
Vehicles and office equipment are
called

Part which is ready to Sub - assemblies

1626 What do you mean by finished dispatch to customer. Material in Semi - finished purchased from Part which is

part? stores . components. suppliers. ready to

dispatch to
customer.
Include raw material and In-process Finished Indirect
1627 semi-finished Raw inventories inventories inventories inventories Raw
Products supplied by another firm and inventories
which are raw items for the present
industry.
The table below shows the list of

1628 items as per their annual Control analysis Cost analysis Pareto analysis None of the above Pareto analysis
Consumption and annual
consumption value. Can you identify
which type of anlaysis is this to
have proper inventory control?
1629 How many steps are there in 4 5 6 7 5
implementation of 5S?

1630 The basic goal of is to ensure that Quality team Quality Quality circle Quality control Quality control
the product Assurance
Or/and services meet specific
requirement.

Ensure continuos
1631 In PDCA , Act consists of which of improvement Analyse result Plan Policies Train employees Ensure
the following? continuos
improvement
 Continual
Improvement of Breakthrough Breakthrough
According to ISO 9004:2000, what Small-step ongoing the efficiency projects that may projects that
1632 kind of improvements is normally improvements of the quality lead to the All of the above may lead to the
carried out by cross-functional teams management implementation implementatio
outside routine operations? System of new processes n of new
processes
Industry primarily
1633 deals with the design, manufacture Engineering Process Textile Hospitality Engineering
and operation of structures, machines
or Devices.
To conduct day to day activities,
1634 monitor daily progress and Top Middle Lower None of above Lower
reporting to middle level
management is the function of
Level of management.

1635 Which is the principle of Delegation Span of control Authority and All of the above All of the
organization? Responsibility above

1636 In a tall organisation structure, the Economical Big Wide Narrow Narrow
span of control is

1637 As per Factory Act, 1947, a child is a 15 years 10 years 18 years 21 years 15 years
person whose age is less
 Than

1638 Safety management deals with . Loss of life Personal injury Damage to the Prevention of an Prevention of
Equipment Accident an accident

Good layout and reduction in noise Safe workplace Atmospheric Working with
1639 level are examples of And working conditions Dangerous fumes unsafe speed Safe workplace
conditions and working
conditions

1640 Working capital can be financed Share Medium term Loan from banks All All
through . Debentures

1641 Refers to sparing of the Depreciation Amortisation Liability Inventories Depreciation

replacement cost of tangible
Assets like building, machinery.

1642 Sales returns represents value of Market Customers Salesmen Financers Customers
goods returned by the
The earnings like interest, dividend or

1643 capital gains etc, which Retained earnings Depreciation Deferred All of the above Deferred
Are gathered tax free until the provisions taxation taxation
investor withdraws and takes
position of it. These earning are
refered as

Can be defined as the tax

1644 which increases the price of a good Direct tax Indirect tax Service tax Income tax Indirect tax
in such way that consumers are
actually paying the tax by paying
more for the products they are
buying.

Increase as quantity Decreases as Decreases as Increase as

1645 The procurement costs ordered increases Quantity quantity ordered quantity ordered Decreases as
. ordered increases decreases quantity ordered
Decreases increases
 The figure shows a graphical
method for determining the
1646 Order quantity which attempts to EOQ ABC analysis Control chart ERP EOQ
minimize total inventory cost.
Which is this tool used to answers
the following questions. (1) How
much should I order? (2) How often
should I place each order?

1647 Formulate company quality policy ERP Quality MRP Quality control Quality control
is function of Assurance

1648 Which one of the following does Chemical Textiles Agricultural Information Information
not belongs to Process Technology Technology
Industry?

1649 Which one of the following is the Quick actions No delays No confusion All of above All of above
advantage of effective
Decision making.
When an employee receive orders Unity of
1650 and report to only one superior Unity of Direction Command Discipline Division of Work Unity of
rather than multiple bosses, the Command
principle is called as
Proper , facilitates employees

1651 appraisal, as Coordination Direction Cooperation Control Control

 Managers can easily measure the
performance of
supervisors/subordinates as per the
standard and provide them necessary
feedback for appraisal.

1652 In line organization, the authority Subordinate, Superior, Subordinate, Superior, Superior,
flows from--------To---------- . Subordinate Superior Superior Subordinate subordinate

1653 Which statement is false about Business can use Do not invest Do not actively All are correct All are correct
'nominal partners’? Their names Involved

1654 The organization always prefers to Small Economical Wide Narrow Wide
have span
of Control.

1655 Long term sources of finance are 0-1 years 1-5 years Above 5 years None Above 5 years
required for
The suppliers of goods and services to
1656 the company provide Trade credit Clean advance Over draft Export Trade credit
Various goods and services with an
expectation of payment in future is
called

1657 Which one of the following is a type Ordinary or Deferred Equity shares Noncumulative Noncumulative
of preference shares? Shares Shares Shares shares
1658 The table shows the tax rates for Sales Tax Wealth Tax Gift Tax Income Tax Income Tax
which types of taxes?

1659 Procurement cost is obtained by Cost Investment Profit Sales Cost

plotting
Against ordered quantity.

1660 Is the collective stock of Purchase Inventory Tool room None Inventory
items which is required
For routine functioning of industry.

1661 Fit for purpose and “ Right first time EOQ Budget Quality assurance MRP Quality
and everytime” are the assurance
Principles of ?

1662 In all are encourage to ERP ABC analysis Globalization Kaizen Kaizen
come up with
Small suggestion on a regular
basis.
A producer of consumer goods
wants to analyze its product range
from product 1 to product 13. The G1 – B items, G2 – C G1 – C items, G1 – C items, G2 G1 – A items, G2 –
management has decided to use the items, G3 – A items G2 – A items, – C items, G3 – B items, G3 – C G1 – A
1663 annual consumption value as the key G3 – B items items items, G2 –
A items
figure to assess the product range. An B items, G3
ABC analysis is done and the raw data – C items
 is order in decreasing order of annual
consumption value. How have they
classified the product group in A, B
and C category items?

Indian Travel Indian Tourism Indian Tour Indian Tourism

1664 ITDC stands for Development Development Development All the above Development

Corporation Corporation Corporation Corporation

1665 Which process is the part of textile Spinning Weaving Dyeing All of above All of above
industry?
May be refer to

1666 particular area of Construction Business Balance Sheet All of above Business
Economic activity such as the real
estate business, computer business,
poultry, farming, telecommunication,
shipping, tours and travels, etc.

1667 Evaluation of alternative is done in First Second Third Last Third

which step of decision
Making process?

1668 Which is not the type of By function By product By process By material By material
departmentation? Pattern pattern
Trained and Capacity of
1669 Which are factors on which span of experienced Type of work executive or All of the above All of the
 control depends? Subordinate Manager above

1670 An activity in which people practice Fire drill Fire show Fire play Work permit Fire drill
leaving a place quickly is
Called .

1671 Is a book or computer file in Budget Account Journal Ledger Journal

which all monetary
Transaction are originally entered.

1672 Represents what the Liabilities Assets Reserves None of the above Liabilities
Others. company has to pay

Periodically evaluate Determine the Periodically

the material Decide whether Decide basis for financial position evaluate the
Which of the following is not consumption of each to finance a new the expenditure of the organization material
1673 function of financial department plant or not of funds after analyzing consumption of
management? efficiency each department

These are the taxes which are imposed

1674 or levied and assessed Direct tax Indirect tax National tax Foreign tax Direct tax
On individual or organizational
income directly and have to pay the
same to the government in form of
income tax, wealth tax and etc.
Which is this type of tax?
Low complex and low cost items
1675 that are typically Items A Items B Items C None Items C
Commercially available and require
little manager control are called .
1676 A detailed list of all kinds of goods Production Design Inventory Operation Inventory
handled by business is Research
Called .
Management is defined

1677 as an attempt to Financial Marketing Inventory Production Inventory

Balance inventory needs and
requirements with the need to
minimize costs resulting from
obtaining and holding inventory.

1678 Department floats enquiries Sales budget Purchase Production Inventory Purchase
and processes
Quotations.

1679 In this Stock control chart, label (a) Between (b) Between (a) and (c) (a)
the buffer stock – And (c) (b)
American Society for Qualiy (ASQ)

1680 defines, “ as Quality 5S Quality Kaizen Quality Assurance

the Planed and systematic activities Assurance
implemented in a quality system so
that quality requirments for a
product or service will be fulfilled
International Indian Trade International Indian Tariff
1681 ITO stands for . Trade Organization Tariff Organization International Trade
 Organization Organization Organization

1682 Which one out of the given options Basic chemicals Durable Life sciences Consumers Durable products
is not a broad category of Products Products
Chemical industry?

Managing Chief Executive

1683 Top level management includes Directors (MD) Officers (CEO) President All of above All of above

1684 Decision making is not linked with Planning Organizing Staffing Reporting Reporting

Function of management.

1685 Business secrecy is less in . Proprietorship Partnership Joint Stock Public sector Public sector
Companies Companies companies

1686 Infosys is which type of Public Limited Private Ltd. Partnership None of them Public Limited
company? Company

1688 Is a person who has completed Adult Adolescent Child Young person Adult
the 18 years

1689 Budget is a forecast of the Sales Production Purchase Cash Production

number of products
That must be manufactured.

1690 Which is not the direct tax? Income tax Corporation Gift tax Excise tax Excise tax
Tax

Capital is Capital is Capital is

1691 Which of the following is a false required to start required to run Required to Capital is required Capital is required to

statement? the business the business expand the to sell the business sell the business
business
These are the taxes which an

1692 individual or organization does Direct tax Indirect tax National tax Foreign tax Indirect tax
Not pay directly, but are can be
easily shifted to others may be in
form of service tax, excise tax,
value added tax or custom duty.
Which is this type of tax?

1693 Complex and expensive parts are Items A Items B Items C None Items A
items that require strict
Management and control are called
.

Maintenance Issuing the Making request Analysis of

1694 Which is the first step in process of records and purchase order for quotations Purchase Analysis of
of purchasing? files requisition purchase requisition

To procure To develop To develop

1695 Which of the following is not material at reliable sources alternating To facilitate waste To facilitate waste
objective of purchasing? reasonable price of supply sources of supply

1696 From the graph, the point Q at Quantity Order Quantity Economic Order Quality Economic Order
which slope = 0, is called Quantity
 . Quantity
You need a documented

1697 procedure to control quality Factory act Minimum ISO:9001 Workmen’s ISO:9001
Documents in your company. wages act compensation act
Everyone must have access to up to-
date documents and be aware of
how to use them, is the clause of .
Agro-industry mainly comprises of
1698 the Pre-harvest Post-harvest Crop-yielding All of above Post-harvest
Activities of processing and
preserving agricultural products for
intermediate or final
consumption.

Is the process
1699 of Organization Liberalization Privatization Globalization Globalization

Transformation of a regional
phenomenon into global ones.
Major contribution
1700 to the Henry Fayol Henry Gantt F. W. Taylor Lillian Gilbreth Henry Fayol
Management theory in his 14
principles of management that are
based on his thoughts and
 experiences.
1701 Gives power in hands Discipline Centralisation Authorty Responsibility Centralisation
of centre.

1702 Lower level is also known as Strategical Tactical level Operational level All of above Operational level
level

1703 Effective helps Coordination Decision Planning Directing Coordination

employees to Making
Eliminate wastages and achieve
better results.
Suresh has been hired by a
consultant to provide training to
1704 The workers of a firm where he Controlling Coordinating Reporting Organizing Controlling
needs to monitor, compare and
correct the tasks or activities
performed by the workers. So
what is the actual line of function
of management he is
concentrating on?

1705 Which one is not the Difficult to Lack of Ego of specialty Discipline in Lack of
disadvantage of staff handle Specialization Lacking specialization
organization? Experts
 Control of Centre Stress level on Work can be Work load is
1706 Which is not the advantage of increases Manager finished in time reduced Control of Centre
delegation? reduced increases
1707 The figure depicted below shows Process Product Function Area Product
departmentation by –

1708 A tax levied on services rendered Income tax Service tax Wealth tax Gift tax Service tax
by a person is called

Shareholder are Debenture Debenture holder Debenture holder

1709 Which is the following is a false the owners of the Holder are Shareholder get are owners of the are owners of the
statement? company creditor of the dividend company company
company
A planned capital investment in Administrative
1710 the business without Materials budget Expenses Capital budget Cash budget Capital budget
Disrupting the normal working of budget
the company is
Include purchase Raw material In-process Finished product
1711 of raw inventory inventory inventory Indirect inventory Raw material
Material, semi-finished components, inventory
standard components or/and
subassemblies from suppliers.

1712 From the graph of graph of Final inventory Average Total inventory Zero value Average
inventory level versus time, the Inventory Inventories inventory
 Value Q/2 is called .

Is a management technique
used to communicate with Quality
1713 employees, in order to produce Quality Control 5S Kaizen Management Quality
the desired quality of products System Management
and services to be render to System
influence employee actions to
complete tasks as per quality
standards.
1714 Quality Assurance is a Proactive Reactive Passive None Proactive
approach

1715 What is the proper sequence for the Plan - Act - Check Plan - Do - Act Plan - Do - Check Act - Do - Check - Plan - Do - Check
implementation of TQM? - - - Plan - Act
Do Check Act
The chart shown is used to
investigate whether the
Manufacturing process is in stable
1716 condition or not and is used to Ishikawa diagram Control chart Pareto analysis Check list Control chart
maintain the process within the
tolerance. This technique helps in
taking the right decision for
selection of the machine with
 higher processing capabilities.
Which type of chart is this?

1717 Which company is associated LIC ICICI Star Health All of above All of above
with Insurance?
Industries are owned
1718 and run by rural households with Village Small scale Large Scale Medium Scale Village
very little capital investment and a
high level
Of manual labour
Business has
1719 elevated the Indian population Manufacturing Trade Service None of above Manufacturing
above poverty line by shifting the
majority of the
Workforce out of low-wage
agriculture.
1720 Which is next step after planning? Controlling Directing Organizing Coordinating Organizing
Management is not directly visible

1721 instead; its presence is Tangible Intangible Concrete None of above Intangible
Observed in the form of results
such as higher productivity,
higher efficiency, disciplined
work force, etc. Hence
 management is .

Managers must develop a team

1722 spirit among the subordinates Organizing Cooperating Coordinating Planning Coordinating
By the activities of everyone
to achieve the team objectives.

1723 Which of the following is the Closer supervision Lower Economical More delegation Closer
advantage of a narrow span? Overhead supervision

1724 Assistant to the president of a Line Functional Assistant Staff Staff

company refers to which type
Of authority?

Long working Improper Hazardous Poor house

1725 Out of the following one which is hours material arrangement of keeping Long working
not an unsafe condition ? Handling Material hours

1726 Budget, generally deals Master Sales Production Material Material

Mater only with the direct
ials.
Is record of an
1727 organization that registers all Budget Account Journal Share Account
financial transactions. It is a written
statement of all business
Dealings or debts and credits
1728 Is a types of indirect tax leived Income tax Customs duty Wealth tax Gift tax Customs duty
on goods imported in to
India as well as on goods
exported from India.

Annual Annual Annual Annual

1729 In ABC analysis which inventory is consumption cost Consumption consumption cost is consumption cost is Annual
classified into category B items? is around 15-25% Cost is around around 5-10% around 50% consumption cost
70-80% is around 15- 25%

How much should Who should we

While deciding how to manage we order and order and when Whom should we Why should we How much should
1730 inventory the question that a how often should should we order and how order and when we order and how
materials manager need to be ask we order? order? should we order? should we order? often should we
himself is order?

1731 In EOQ, annual cost = unit Consumption Protection Investment None of these Consumption
price x annual
Consumption volume

Identify this basic inventory

1732 control technique which is often Pareto analysis Tally Table EOQ Control chart Pareto analysis
applied to almost all aspects of
materials management.
 A machine draws a very delicate
copper wire from the plate
1733 And is facing repeated breaking Ishikawa diagram Control chart Pareto analysis Check list Check list
of wire. The tally table illustrates
all possible causes of problem
(symptom) and the frequency of
each cause is observed and noted.
This tally table is also called as .
 A manufacturing industry follows Six sigma,
multiple techniques of Kaizen, 5S, Kaizen, Six sigma, 5S, Six sigma, Kaizen,
1734 Quality management system Quality Quality assurance Kaizen TQM tools Quality control
where they focus on total control tool, tool tool, Quality
employee participation, continuous Quality assurance tool
improvement, customer satisfaction assurance tool
and preferred partner as seen in the
figure. Which are the techniques
used?
1735 Which one is not the textile Raymond Reliance Century ICICI ICICI
industry?

1736 Which type of industries are Village Small scale Large Scale Medium Scale Small scale
characterized by medium
Investment and semi-automation
process?

1737 Is the fastest growing Service Manufacturing Trade All of above Service
Now-a- sector in India
days.

1738 Which steps in decision making First Second Third Last Third
process develops alternative
Solutions
 Formulation of Decision making
1739 Which duties come under broad function as to Supervise and
Administration? objectives, what is to be done manage all day
plans and and when to day activities All of above All of above

policies
Is the process of
1740 identifying a set of feasible Planning Organizing Controlling Decision making Decision making
alternatives and from these selected
alternative the
Best course of action.
A plant manager who organizes the

1741 plant by separating Team leaders Middle First-line Top managers Middle managers
Engineering, accounting, managers managers
manufacturing, personnel, and
purchasing into departments is
practicing functional
departmentalization is also
called as .

1742 Control of Government Public Public limited Private limited Government

government is Department Corporation Companies Companies department
highest in
.
1743 Which partner contribute in terms of Sleeping Active partner Secret partner Nominal partner Nominal partner
their goodwill and credit partner
From the market?

Manav is a new divisional Employee Supervisors

manager, in reorganizing his performance Become more Wider spans The organization
1744 division; he must make some increases efficient at reduce becomes taller. Wider spans
decisions regarding the span of substantially. providing support. effectiveness. reduce
control. He thinks wider spans are effectiveness.
more efficient in terms of cost but
at some point:

1745 Which preventive measure Safety Training for Safety devices All of the above All of the above
industry should take to avoid provisions Safe working
Accidents?

Is a person employed
directly or through any agency,
whether for wages or not, in any
1746 manufacturing process or in Worker Factory Occupier None of the above Worker
cleaning any part of the machinery
or premises used for
manufacturing process or in any
other kind of work incidental, to or
connected with, the manufacturing
 process.

Is a direct tax levied on the

1747 income earned by individual, Income tax Customs duty Sales tax Service tax Income tax
corporation or on other forms of
business entities.

Annual Annual Annual Annual

1748 In ABC analysis which inventory is consumption Consumption cost consumption cost consumption cost is Annual
classified into category A items? cost is around is around 70-80% is around 5-10% around 50% consumption cost

15-25% is around 70- 80%

Is a detailed list of
1749 movable items which are Inventory Production Purchase None Inventory
Required for manufacturing
products and maintaining the
equipment and machines in
good working order.

1750 Which are the functions in Planning Warehousing Storage All of the above All of the above
materials management? Management

Inventory record,
master file, part- Capacity MRP computer
Inventory period balancing requirements program, master
1751 The principal files that are record, master program. planning file, schedule, capacity Inventory record,
incorporated into a computerized schedule, master schedule, requirements master schedule,
MRP system are: BOM. inventory record. planning file. BOM.
The totality of features and
1752 characteristics of a product or TQM QC Quality QA Quality
service that bears the ability to
satisfy stated or implied needs
Of the customer is called .
Decision about the quality system Workmens
1753 are made based on ISO: 9001 Compensation Act Factory Act Minimum Wages ISO: 9001
Recorded data and the system is Act
regularly audited and evaluated
for conformance and effectiveness,
is the clause of
.

Identify the diagram, which is an

1754 investigative tool of quality Ishikawa Control chart Pareto analysis Check list Ishikawa diagram
control to rearrange possible diagram
causes of the problem?
Numerical

DMAIC stands for define, Numerical Measurement of Elimination of

measure, analyze, improve and parameter the current the gap between Change to be Numerical
 control. It involves defining the used to define process is the current implemented to measurement of
1755 problem, measuring where you and measure necessary in order practice and the achieve goal the current process
stand, analyzing where the problem the problem to change the desired goal is necessary in
starts, improving the situation and process order to change
controlling the new process to the process
confirm that is fixed. The
Analyze step, involves -
1756 Indian Industry Started from - 1850 1947 1950 None of these 1850

1757 I.T.Sectors involves- IT Enabled Telecommunic A and b Both None of these A and b Both
Services Ations

1758 An activity which involves handling Administratio Management A and b Both None of these Administration
or directing the affairs of n
An organisation is called as-
 The ability of a supervisor to
1759 choose the correct course of Controlling Supervising Directiong Decision Making Decision Making
Action from the available
alternatives to achieve the desired
aims and objectives of the
business is termed as -

1760 Who is called as Founder and Fredrick Henry Fayol Robert Owen Robinson Boulton Fredrick W.Taylor
Architect of " Modern Scientific W.Taylor
Management" ?

Process & Quality & Cost

Market Operation Control,
Analysis , Analysis, Maintenance
1761 Scientific Management Involves - Budgetary Planning & Control , All of the above All of the above
Control and Scheduling labourincentive
Stock & Control
Control
While working as a professional Manger Manager as Manager as an
1762 Manager in any modern as a a Co- Implementer All of the above All of the above
Industrial Organisation , which of Leader & worker
the following duties he is Mediator
Expected to perform?
Figure shows Modern Thought Principles Functions Of Management &
1763 represented in a schematic way. of Mangement Administration None of the Above Functions Of
Fill in the appropriate Manageme Mangement
Terminology at space marked by nt
"?"

Group leaded Allocates duties

1764 Which of the following is / Small or by executive And All of the above All of the above
are the characteristics of large group Leader responsibilities to
Organistion ? of people employees

1765 The commonly known forms of Line Line & Staff Functional All of the above All of the above
organisation structures are - Organisation Organisation Organisation

Managed Not
1766 Joint stock private limited by Managed by A & b Both None of the Above Not Managed by
company is - Governme Government Government
nt

1767 Balaji Telefilms , Bharat Sole Public Government None of the Above None of the Above
Fertilizers are - Proprietorshi Corporations Companies
p

Improper Poor quality

1768 Which of the following includes working of Fatigue All of the above All of the above
causes of accidents conditions illumination

1769 A temporary accommodation Clean Overdrafts Cash Credits Secured Loans Overdrafts
given by the bank to their
 Customers against certain Advance
security is called
When finance is required for Preference . None of the
1770 expansion and development of /shares Debentures Instant Loans Above Debentures
An organisation , it can be raised
through loans instead of issuing
shares is termed as -

Industrial National Nationalised

1771 Which of the following are Finance Development Banks All of the Above All of the Above
financial Institutions? Corporation Corporation

Which of the following are recently Business International Air

1772 included under the service Tax- ATM Support Travel All of the Above All of the Above
Operations Services

1773 The size of an order that minimises Fixed Direct Indirect Economic Order Economic Order
the total inventory cost is Iventory Inventory Inventory Quantity Quantity
Called as-

Continuty of Low payroll Higher Inventory

1774 Which of the following are the supply cost turn over All of the Above All of the Above
Aims of Material Management?

Make to Purchase to Departmental

1775 Economic Order Quantity (EOQ) stock stock Stores All of the above All of the above
can be used by- manufacturers Distribution
 Arrange in a chronological
1776 order the steps of material I,iii,ii,iv I,ii,iii,iv I,iii,iv,ii Iv,iii,I,ii I,iii,iv,ii
purchasing i) Place Order ii)
Payment of bill iii) Receive the
Material iv) Inspection-
Figure shows modules of a
1777 system being implemented in ERP MRP JIT None of the Above ERP
Industries. Choose the appropriate
terminology from options
Given below to be placed at the
letter 'X' .

As per definition of ISO 8402-

1778 1968 , " the totality of features Quality TQM Quality control Auality Assurance Quality
and characteristics of a period or
service that bears its ability to
satisfy stated or implied needs is
known as
Figure refers to a Japnese
1779 Technique whichis also known as 5S KAIZEN Six Sigma TQM TQM
Shewhart cycle, Deming cycle or
PDCA cycle. Identify correctly the
technique from the given option.
1780 WTO stand for :- World trade World Test Work Test World Trade World Trade
Organic Organic Organization Organization Organization

1781 Level Management :- Strategical Tacticle Operational Level All of the above All of the above
Level Level

1782 Are internally formed Line Line & Staff Functional Project Project Organization
Organization Organization Organization Organization

1783 Which factor dose not cause Boiler Unsafe Prime Movers Transmission Unsafe clothing
accident due to dangerous clothing System
Machine

1784 Reason due to which non- Age of Harmful Unsafe clothing All of the above All of the above
machinery accident may occur Person Substance

Sufficient Good ventilation Proper flooring with

1785 Which of the following condition Enough Working & height of cleanling & oil free Sufficient Working
is not physical condition Illumination Space for working place Space for
Movement Movement

1786 Example of office & Staff salary Stationary Printing All of the above All of the above
Administrative expenses are

May occure because of loss Financial Abnormal Selling &

1787 on scale of asset fire or theft etc expenses Losses Sales distribution Abnormal Losses
Exoenses

1788 Is a part of material Inventory Marketing Both a & b None of above Inventory management
management? Management Management
1789 EOQ stand for Economic Economic Economic Quality None of above Economic order
order Order Quantity
Quantity quality

A unified & It is Very ERP experts are A unified &

1790 Advantage of ERP are single Complex Not easily None of above single reporting
reporting available system
system

Is define as tool for

1791 controlling the quality of the Quality Quality QMS None of above Quality control
product & services to ultimately control circle
gain the customer satisfaction
The The member
atmosphere of circle
1792 For effective quality circles Should be should feel None of these Both A & b Both A & b
informal, involved &
comfortable,rel intersted
ax ed
Write Step by step sequently

1793 objective I )To endorse self & I-iv-iii-ii Ii-iii-iv-i I-ii-iii-iv I-iii-iv-ii I-ii-iii-iv
Mutual development ii) To develop
quality of work iii)To give an
opportunity to employee iv)To
 improve
quality,productivity,safety &
reduces the cost
1794 Engineering industrial sector not Civil Mechanical Chemical Filament Yard Filament Yard
involves

IT Enabled IT IT Enabled Industry Telecomn

1795 ITES Stand for Services Enterprise system Enabled Servics IT Enabled Services
services

1796 Is recruitment of right Planning Organizing Staffing Controlling Staffing

people at right place in an
Organization.

Planning
minimizes Standardization
Work can be work can be enforced
1797 Advantage of planning :- done pressures & through plane All of the above All of the above
efficiently dedline
tension

1798 Is the life blood of Finance Capital Budget VAT Capital

business enterprise. It is a
Universal lubricant which keeps
enterprise dynamic.
 Permanent or Medium -
1799 External sources are long term term sources Sort-term sources All of the above All of the above
sources of of capital of capital

capital
Following are which types of taxes
1800 :-1) Consumption tax. 2) Flat tax. Direct taxes Indirect Both A&B None of above Both A&B
3) Social security tax. 4) Dividing taxes
tax. 5) Gift taxes. 6)
Payroll tax. 7) Pole tax.

1801 Is a plan that view future MPR MPS ERP None of above MPS
Of production of end
product.
Covers
education,traini
n g,skill and The The organization
experience of organization must plan and
personnel should develop the
involved in identify work process that are The organization should
1802 Work environment clause of ISO work. Gives environment required for All of the above identify work
9001:2000 guidline that ensures product environment that
about their conformity realization ensures conformity of
development of service service
 to maintain
quality
Work.

1803 The idea of liberalization in the Economic Political Technological None of the above Economic aspect
present phase of globalisation aspect aspect Aspect
Deals with

1804 One of the following is definitely Growth of Provision of Foreign Employment Growth of small scale
not a positive aspect of small Technology Invetment Oppurtunities industry
Globalisation in India Scale
industry

1805 The services provided by Ashoka Primary Secontary Tertiary activity Manufacturing Tertiary activity
hotel comes under activity Activity Process
1806 The art of getting things done by Organization Management Direction Staffing Management
people is called as
1807 Who is recognised as a man who Taylor Elton mayo Mary Follet Peter drucker Peter drucker
invented management

1808 The lower level of managers Stragetical Tactical Operational level At all levels Operational level
work at level level

1809 The management of Direction Motivation Inspiration Coordination Coordination

interdependence in work situations
 is
Called as

Executive Decision Structure of The operational

1810 An organization is nothing but function making body Management aspect of Structure of
Management Management
Superior Based on Based on
1811 Funtional organizations are based Subordinate specializatio authority and None of the above Based on specialization
on Relationship n Responsibility factor
Factor
The principal sent a note that he Sharing of
1812 will be on leave for a few days and responsibilit Delegation Decentralisation Authority Delegation
the Hod of mechanical department y
will look after the
Responsibility in his absence, this
is called

1813 Two of our friends decided to start Proprietorshi Partnership Joint ownership Cooeperative Partnership
a garment shop such type p
Of business organisation can be
called

1814 Minimum wages need to be paid Cash Demand Cheque None of the above Cash
in: draft
 Holding cost Inventory cost and

1815 The quantity to be ordered depends Capital cost And purchasing cost Working capital Holding cost and
upon two costs, what are they and material procurement and material cost procurement cost
cost cost

Establishment To To implement the

1816 In Kaizen the role of middle at corporate implement Process at To act as a leader To implement the
management is level the process functional level process
1817 I want the products of my company Six sigma ABC MRP EOQ Six sigma
to achieve perfect quality, analysys
Which tool will I apply to check
this
I wanted to know the major and
1818 minor causes which are ERP ABC MRP Ishikawa diagram Ishikawa diagram
Responsible for the analysis
problem,from the following
which technique will I adopt
1819 Find the odd one out ABC EOQ MRP TQM TQM
analysis
Seiri Seiri Seiri means

1820 Which of the following is means means Weeping and seition means None of the above Seiri means sorting and

correctly matched Sorting Sorting set in order Seition means Set in

and and order
Seition seition
means Set means
in order standard
ising
1821 EOQ does not work if order Minimum Maximu Smaller None Minimum
quantity is compulsory. m

1822 .------------ activity is complicated Purchasin Procure Both (a) & (b) None of the above Procurement
 and takes more time. g ment

Abnor Selling &

1823 Income other than sales are called Indirect mal Sales distribution Indirect income
as ------------ income losses Expenses

1824 Direct tax is an example of -------- Income Sales Wealth tax All of the abone Income tax
--- tax tax

1825 Out of following, is not Widow Minor Widow mother Married sister Married sister
considered as a dependent. son
Fire extinguishers should be kept Safe Perso Good house keeping Safety measures
1826 in easily accessible places.Under material nal essential in Safety measures
which category of accident handling protect Industry essential in industry
prevention methods ion
Does this appear? Devices

1827 Lack of training to worker is a Worker Manage Wrong layout of Natural disaster Management
cause of accident due to -------- ment Workplace

Can be Tempero Having less no. Of

1828 Features of project organization internally ry in employees All of the above All of the above
are ------------ formed nature
1829 Factors which affects Product Process Function All of the Above All of the Above
departmentation are -----------

1830 .------------ means right (to Authority Respons Communication None of the above Authority
 command) and power to act. ibility
1831 .---------- organization is also Line Military Scaler Functional Functional
called as staff organization.

1832 .------- type of organization is Line Funtion Line & staff Projet Line
suitable for military & small al
Businesses.

1833 .------- is important not only for Disciplin Authorit Division of work Remuneration Discipline
individual but for an e y
Organization also.

Controlling & ensure

1834 The funtion ofadministration is --- Decision Policy discipline All of above All of above
----------- making making

1835 The factor which affects decision Certainty Risk Uncertainty All of above All of above
making is ----------------------

1836 .----------- is the downward transfer Authority Respons Delegation None of the above Delegation
of authority from manager ibility
To subordinate.

1837 .-------- level management is Top Middle Lower None of the above Top
known as strategical level of
Management.

Scienti Administ Bureaucratic Management

1838 The area of classical school are -- All of above All of above
 -------- fic rative
Manag Manage
ement ment

1839 . --------------------- is not the type Entertain Hospital Import & Export None of the above Import & Export
of service industry. ment ity House House

1840 Following are types of banks ----- Commerc Regional Cooperative All of the Above All of the Above
----- ial Banks Banks
Banks

1841 In ABC analysis, the 20 % items in Type A Type B Type C None Type A
industry having cost 80% of
Total inventory cost is called as --
-----
1842 .------------ inventory is not a type Raw Finished In-proess Departmental Departmental
of inventory.

1843 Continuous Improvement means - Kaizen 5'S' Six sigma None of the above Kaizen
----------

Authority Authorit Higher the post, Authority is right

1844 Which statement is wrong? cannot be y is the Higher is the authority to command Authority cannot be
delegated power delegated
to act

1845 Why plan fails Lack of Insuffici Over confidence All are correct All are correct
 Knowled ent
ge Data

1846 Match the pair 1. Ashok Leyland a) 1 (a) 2 (c) B) 1 (c) 1 (b) 2 (c) 3 (d) 4 D) 1 (d) 2 (b) 3 (c) 1 (b) 2 (c) 3 (d) 4 (a)
Gurgoan 2. Suzuki b) Pune 3 (b) 4 2 (a) 3 (a) 4
3. Mahindra c)Chennai 4. Kinetic (d) (b) 4 (d) (d)
d) Nasik
1847 License permit raj in India was in 1965 – 1990 – 1965 – 1970 1955 – 1965 1965 – 1990
this period 1990 2002
1848 Application of ERP are SAP Tally MPR Both A & B Both A & B
ERP
Strong
Custome Leaders
1849 Benefits of ISO 9001:2000 are r hip All of the above None of these All of the above
satisfactio motivat
n can be es
achieved personne
l and
guide

Accident prevents
1850 employees from working, Fatal Major Minor Trivial Minor
for
The period less than 48 hours
 from the time of accident.
Is an unfortunate &
1851 sudden Accident Activity Process Movement Accident
Mishappening which causes
damage or loss of property,
material or human.
When 20 number of persons Joint
1852 comes together to form a Co- stock Partnership Proprietorship Partnership
Business as owners with all legal operative comp
formalities then formed any
ownership is called as type of
ownership.
When a group of people are pulled
1853 together for a special task Project Line Functional Line & staff Project
Then formed structure of
organisation is called
Organisation

1854 Departmenation is done on the Working Manufac Process Methods Process

basis of product, function & turing
Techniq
ue
1855 Senses of responsibility increases Authority Responsibility Initiative Leading Authority
due to
Provided by seniors.

1856 Similar activites & related people are Department Organisation Span of control Committee Department
grouped together to
Form a

Oraganization establishes a relationship

1857 betweeen authority & Authority Responsibility Delegation Controlling Responsibility

& controls the efforts of

group.

Which function of management fails

1858 due to following reasons Organising Directing Planning Motivating Planning
A. Incorrect person to do plan, b.
Faulty System of work c.
Insufficient data d. No feedback
system e. Overconfidence
The process by which actual
1859 performance of subordinates is guided Organising Directing Motivation Coordination Directing
towards common goals of the
enterprise is called as
Function of management
1860 Middle level management Strategical Level Operational Tactical Level Force Level Tactical Level
is also called as Level
Of managers

1861 Management works as to produce Catalyst Activator Convertor Processor Catalyst

goods
Using labour, materials and capital

1862 Hospitality industry is mainly Tourism Agro Textile Process Tourism

dependent on
Industry

1863 Products are produced from raw Tools Equipments Machinery Money Machinery
materials by using
Engineering technology and

1864 Service sector has occupied of 0% 1% 2% 10% 1%

GDP (Gross Domestic
Product)

1865 Department will be Production Safety Sales Accounting Safety

dedicated for saftey
Related work only
Relationship between employer &
1866 employees is very Growth Stability Increment Survival Survival
Important for the development &
of any
 organization.

1867 Financial management is nothing but Funds Material Labour Equipment Funds
effective management of

1868 Eventhough permanent working capital Temporary Permanent Variable Increasing basis Permanent
is working capital but
It's nature is for every year or
month.

1869 Is an instrument of Accounts Debentures Shares Budgets Budgets

management for planning
Its future activities.

1870 Operates on the principle Profit & loss Organisation Balance sheet Labour budget Balance sheet
that if you have Account Chart
Something it must have been paid for
somehow.

A man working in an industry has

annual income of 2,50,000 Rs. From
all sources, total investment like PF,
1871 PPF, LIC savings 50,000 Rs., 2000 10000 5000 3000 5000
Exempted amount for income tax is
1,50,000 Rs. & income tax rate is
10% upto 3,00,000. Find out amount
of income tax paid by that person is
1872 Is way of keping Inventory Handling Assurance Control Inventory
material which will
Not stop the manufacturing and
allied process

1873 The results of ABC analysis have to Regularly Periodically Monthly Yearly Periodically
be reviewed
& updated.

1874 If there is more stock than Procurement Purchase Inventory Transport Inventory
requirement , then the cost of
Carrying it i.e. Cost will b more.

MRP (Material Resource Planning)

1875 projects not only demand but also the Purchse quantity Sell quantity Production Inventory Inventory
timing of the demand.
If a TV manufacturing industry is A- picture tube, A- electronics A- PCB, B- A- picture tube,
using ABC analysis for B- PCB, C- components, B- picture tube, C- B- electronics A- picture tube,
1876 Inventory management. They are Electronics PCB, C- picture electronicscompo components, C- B- PCB, C-
having items such as picture tube main components tube nents PCB electronics
costly item, PCB moderately cost & components
electronics components less costly
items, then classify these items into A
items, B items & C items.
 According to ERP each department has
its own ERP module following are the
ERP module and department match A- 2, B- 4, C- 3, A-1, B-2, C-3, D-
1877 ERP module with their department A. D- 4 A-4, B-3, C-2, A-3, B-4, C-1, A- 2, B- 4, C- 3,
ERP Finance module B. ERP Human 1 D-1 D-4 D-1
Resources Module C. ERP Purchase
Module D. ERP production module
and Departments are 1. Production
Dept.
2. Account Dept. 3. Purchase Dept.
4. Personal Dept.
Quality gives more attention on
1878 testing of products to find defects & Feedback Assurance Management Control Control
reporting to management before
Release of product.

1879 Kaizen is the Japanese term which Increment Decrement Improvement Steady state Improvement
means

1880 5"S" methodology for organizing & Effectively Efficiently Satisfactorily Regularly Efficiently
minimizing items within a
Workplace in order to operate more
.
 Following are the stages & Break
through Strategy (B.S.)

1881 Phases. Match the Stage & Break 1-A, 2-B, 3-C, 1-C, 2-D, 3-A, 4- 1-B, 2-C, 3-D, 1-D, 2-A, 3-B,4- 1-C, 2-D, 3-A,
through Strategy correctly. 4-D B 1-A C 4-B
1. Identification 2. Characterization
3. Optimization 4.
Institutionalization and B.S. phases
are A. Improve & Control
B. Standardise & Integrate C.
Recognize & Define D. Measure
& Analyze

1882 The term management means---? Planning & Coordinating & Guiding & All above. All above.
Organizing Directing Motivating
1883 Organizing process transfers ? Plans Problems Task. None of these. Plans
Into reality
1884 To avoid delay in work ? Planning Coordinating Directing. Motivating. Coordinating
Management function is used.
1885 In line organization authority flows Top to bottom Bottom to top Both a & b None of these Top to bottom
from ------------------------- ?
1886 An accident means unforeseen Uncontrolled Controlled Semi controlled All above Uncontrolled
---------------------------sudden
mishap?
1887 Material Management is an Integrated Isolated Both a & b None of these Integrated
----------------------activity?
 Detailed list of List of important
1888 The term Inventory management Short list of items items items. None of these. Short list of items
means ----------------------- ?

1889 TQM stands for ? Total Quality Total Quantity Both a and b None of these. Total Quality
Management. Management. management.
1890 KAIZEN theory uses theory? 5S 6S 7S 4S 5S
1891 6-Sigma is a method used for Statistical. Mathematical Both a and b None of these Statistical.
improvement?
By
1892 For creating Departments methods function/product By Market Customer All above. All above.
are used? /process

If the capital in a business

1893 provided by one or two persons in Joint stock co. Partnership co. Public ltd. Co. None of these. Partnership co.
the form of Shares With legal
entity then it is Called as

Following table is the example of----

1894 ----budget? . XYZ-Co. -------- Production Labour Sales Cash Sales
---Budget. For the year- Dept. JAN
FEB MAR 2nd Qtr 3rd Qtr. X 4000
2000 4000 13000 14000 Y 2000
2000 3000 9000 9500 X+Y
1895 To achieve the vision of an Upper level Middle level Lower level Both a & b Upper level
organization
------------------------------ managem
ent
Works?
Generating The promotion of
1896 Brainstorming is used by the Work allocation Alternative for research and Training Generating alternative

management for: on the shop floor. problem development. employees. for problem solving.
solving.

1897 Analysis of causes of deviation is a Motivation Teamwork Controlling Leadership Controlling

part of
Process
Employees Meeting
1898 In an organization which of Labour working Doing discussion members in a Group of 15 Group of 15 people
following group is not present on a site in work area company people on bus on bus stop
stop

Organization has It has aims and Organization is a Organizaiton is

1899 Which of the following statement no boundaries objectives Group of working a system Organization has no
is wrong ? people boundaries

Profit Wealth To ensure safe To ensure To ensure regular and

1900 Which of following is not maximization maximization Working regular adequate supply of
objective of financial management condition And adequate funds
 supply of
funds

1901 The capital required for a business is Fixed capital Working capital Both (A) and (B) None Both (A) and (B)

1902 Following fig. Refers to : Balance sheet Profit and loss Budget sheet Master Sheet Balance sheet
Sheet
ABC analysis
ABC analysis Does not give Cannot be used if
results in importance to some of the items
1903 Which of the following is advantage reduction of components are scarce and are All ABC analysis results in
of ABC analysis annual inventory which are not readily reduction of annual
cost critical for available inventory cost
Production
EOQ is a formula that determines
1904 the at Quality Cost Profit Quantity Quantity
which the combination of
procurement costs and inventory
carrying
Costs are least

They increase as They decrease They decrease as

1905 Procurement costs: quantity ordered As quantity quantity ordered None of the They decrease as
increases ordered increases above quantity ordered
 decreases increases

1906 Quality consist of - to satisfy Capacity Control Quantity Arragement Capacity

wants.

1907 Process employed to ensure a Quality audit 5s Quality control Quality circle Quality control
certain level of quality in a
Product or service is called

Actual General Annual General Annual Great Annual General

1908 AGM stands for Member Meeting Meeting Member Annual General
Meeting

1909 Finished good means good Customer Supplier A and B None of the Customer
waiting for dispached to: above

1910 Which of the following is in A items B items C items None of the A items
significant item above

1911 Following fig shows : Page from ledger Balance sheet Sales budget Master budget Master budget

1912 Which of the following would Fixtures & Fittings Cash at the Debtors Retained Profit Fixtures &
represent an organisations Fixed Bank Fittings
Assets

1913 Which of the following is/are Motor Vehicles Debtors Creditors Share Capital Creditors
Current Liabilities of the
Organisation?

Sales Revenue & Purchases & Sale Revenue & Sales Revenue Sale Revenue &
1914 Gross Profit is the difference Opening Stock Closing Stock Cost of Goods & closing Cost of Goods Sold
between? Sold Stock

1915 Maslows motivation theory is on Satisfaction Needs Maintenance Rewards Needs

the basis of Factors
Human .
1916 Which type of organization is the Process Functional Staff Line and Staff Line and Staff
fig. Refer to…
1917 Goal or target to be achieved is Objective Schedules Procedures Budgets Objective
known as .

1918 The chain of superiors from the Unity of Unity of Centralization Scalar chain Scalar chain
highest authority to the direction Command
Lowest level in the organization
is

1919 An identified group of people Organization Business Management Department Organization

contributing their efforts
Towards the attainment of goals
is called an

1920 Exchange of ideas, opinions, Planning Organizing Communication Staffing Communication

information etc. Between two or
More persons is
1921 India is awarded a certification of Cancer Polio Swine flu Aids Polio
------------------------ free country.
1922 Excess inventory may lead to : Profit Loss Funds Less space Loss
1923 When we order and receive good Procurement cost Inventory cost Holding cost None of the above Procurement cost
in company it will include

1924 Following are the principles of ERP Organization ISO:9001 EOQ ISO:9001
…..1)Customer focus
2)Leadership3)Involvement of
people4)Process approach
1925 Extract from pareto's chart : The D,E,F H,I,J A,B,C A TO J A,B,C
key causes are

1926 Industries are known as Chemical Information Agricultural Process Information

Econ sunshine sector of Indian Technology technology
omy
To aquire To satisfy To create and keep
1927 The purpose of business To get money success in customer customers To create and keep
according to Drucker, Market customers
Data travelling Television Goods being
1928 Which of the following is an Through Signals transported across The imagery of Goods being
example of a physical aspect of computer broadcast by borders global brands transported across
globalization? networks satellite borders
1929 The process transform plans in to Planning Organizing Directing All of above Organizing
reality.

1930 The right of a person to give Responsibility Authority Accountability Line authority Authority
instructions to his subordinates is
 Known as .

1931 Supply of human and material Planning Organization Management Control Organization
resources and helps to achieve
The objective of business is
The process of dividing the large
1932 monolithic functional Staffing Delegation Departmentation Control Departmentation
Organization into small and
flexible administrative units is
called .
1933 Identify type of organization does Project Functional Process Line Project
the fig. Refer to..

Absence of
1934 An environmental factor for proper protecting Daydreaming Improper Protruding nails Daydreaming
accidents in industry is: devices ventilation

As per Factories Act, " ” of a

1935 factory means the Manager Owner Director Occupier Occupier
Person who has the ultimate
control over the affairs of the
factory.

1936 Which of the following is obligation Health Safety Welfare All the above. All the above.
imposed byfactories Act
Upon the employer with respect
 to his workers ?

1937 XYZ company has to be appointed Safty committee Welfare Plant committee Saftey officer Welfare officer
if an officer
Organization is engaging 500 or
more employees

1938 The function of financial Record keeping Profit Management of All of the above All of the above
management is Maximization Cash flow

Debentures form Fixed rate of It is the credit

1939 Complete fiil in the blank the capital of the interest is paid money of the None of the above It is the credit
company on debentures company money of the
company

1940 The summary of an organisations Trading Account Profit & Loss Balance Sheet Trade Balance Balance Sheet
assets and Liabilities at a Account
Particular point in time is called?

Which one of the following Depreciation of Telephone Sales Goods

1941 cannot be found in the Profit & Motor Vehicles Expenses returned Wages/Salaries Sales Goods
Loss Account? For the year returned

An organisation which produce

1942 DVD recorders has a Fixed Cost 80 120 250 300 120
Of Rs. 30,000. If the selling price
is Rs. 350 each and Variable Costs
 are Rs. 100 per unit what is the
number of units needed to reach
the Break-Evan point?

1943 To preparation of ABC analysis Preparation of Determine Get annual None of the above Preparation of lisi
First step is lisi unit Consumption of all items
Of all items Price

Which of the following is the Shipped bill of Claused bill of Ordinary bill of Clean bill of lading.
1944 name given to a bill of lading lading lading lading Clean bill of
where goods have been received by lading.
a carrier free of defects?

1945 Which of the following categories Gravity Fork lift Picking Robot Warehouse Fork lift Trucks
of materials handling Conveyor Trucks Trolley.
Equipment does a
‘counterbalanced type’ belong to?
Warehouses and stockyards are two
1946 types of storage facilities. Which of Structure Services Surface Shelving. Surface
the following is the most
appropriate factor to
Consider in the design of a
stockyard?

Process steps and A cluse in Customer

1947 Process flow chart helps to their relationship Cost of quality ISO:9001 complaints Process steps and
 explain their relationship

Normal
1948 Name the curve shown in fig. distribution Sixsigma curve Normal curve Sigma curve Normal
curve distribution curve

1949 Quality is the relative term and is Product Quantity ERP MRP Product
used with reference to -

It is the series of the quality

1950 management system standards ERP ISO 9001 EOQ 5S ISO 9001
created by the international
organisation for standardisation

1951 Classification of material as per TQM ABC analysis ERP None of the above ABC analysis
their values and usage comes
Under
The capital
invested in
Fixed assets are assets of
used over and durable nature
1952 Which statement is wrong over again for for repeated Both None None

numbers of years use of long

perid is called
fixed capital
 It is needed to It is needed to It is needed to run
1953 Which is wrong statement about expand the start the the businees None of the above None of the above
capital Businees Businees
 Equipment Cash to be
1954 Fixed capial is not required for Land Building and Maintained in Cash to be maintained
machinery emergency in emergency

1955 Fixed capial can be financed Shares Long term Loan from All All
through Debentures banks

Injury caused Injury caused Death after

1956 Employer has to do compensation by accident during accident All of the above All of the above
in which case Employement

Control are Centralisation Many Centralization

1957 Which statement is wrong concentrated Gives power in functions considers local issue Centralisation considers
at the centre the hands of Are controlled always local issue always
center by a central
authority

1958 Urban co-operative bank refers to Single Public ltd Partnership Co-operative Co-operative company
which of the following Ownership Company Company
Company type-
1959 Which is the last need in Maslow Social Physiological Safety Self actualisation Self actualisation
need hierchy
1960 What is the next function after Decision Organising Staffing Scheduling Organising
planning making
1961 Banks are regulated by SBI RBI CBI FBI RBI
1962 LPG increases – Employment Foreign Competition All of the above All of the above
Opportunity Investment
1963 Excise duty is the amount of duty Sales Production Trading Excise Production
paid on of
goods.

1964 Which one of the following is not a Hand gloves Helmet Goggles Pullover Pullover
personal protective device
?

1966 Following business pattern do not IT Banking Real Estate Textile Mill Textile Mill
come under service
Industry.

1967 Too little inventory increases the Out of stock More stock Theft Can't Predict Out of stock condition
risc of: Condition

1968 Kaizen is the name given by: Chinese Japanese Korean Thai Japanese
1969 Meeting goals can increase : Needs Safety Competition Motivation Motivation

1970 Food,Water,Sleep,Clothes,and an Physiological Safely Needs Competence Social Needs Physiological Need
acceptable temperature are Need Needs
All examples of :
1971 The motivators are guided by : Motivation Need Satisfaction None Need

1972 Make products, from raw Service Manufacturere Traders None Service providers
materials or componentparts,
 Which they then sell at a profit. providers S

1973 How do traders make profit? In the form of In the form of In the form of In the form of In the form of
Commission Loans Shares Debentures commission
1974 What is the main stay of Indian Agriculture Chemicals Engineering Textile industry Agriculture
economy?

1975 Indian IT companies are Telecom Service Software Product Product development
not working in the Development
Business.
Assigning the Grouping of Delegation of Identifying the
1976 Out of following which is the first Activities to activities Authority to activities Identifying the
activity in organizing? manager managers activities

1977 They expect less but contribute Social needs Safety needs Self Esteem needs Self actualization
more this happens in which actualization
Phase?

1978 Project organization is a Temporary Permanent Annual Quarterly Temporary

organization
structure.

1979 Is a voluntary organization Company Co-operative Public None of the above Co-operative society
formed to serve the Society limited
Members and the welfare of Company
society.
1980 In a tall organisation structure, the Big Wide Narrow Small Narrow
span of control is
Is a source of working Loans from Loans from
1981 capital. commercial Public deposits Debenture Subcontracting commercial banks
banks

1982 Tools, lubricants, cutting fluids are Indirect Finished goods Work in None of the above Indirect materials
. materials progress

1983 Helps managers to have EOQ ABC analysis Inventory None of the above ABC analysis
selective control and focus
Attention only on important
items.

1984 The provides the information MRP ERP EOQ Inventory MRP
about when to order and
How much to order.

To establish To implement To To participate

1985 In kaixen the role of an employee is at the the process implement in To participate

corporate The functional

level area