UGC NET/JRF Commerce Jun 2013

#1. Direct supervision over depositories and mutual funds is undertaken by

NBFCs

RBI

SEBI

All of the above

#2. In the call/notice money market, which of the following participants is allowed to trade?

All Banks, Primary Dealers and Mutual Funds

All Corporates

Only Commercial Banks

All of the above

#3. The apex consumer court in India is referred to as

The Consumer Education and Research Centre.

The Consumer Unity and Trust Society.

National Consumer Disputes Redressal Commission.

None of the above

#4. Who is Chairman of 13th Finance Commission?

Dr. C. Rangarajan

Mr. Vimal Jalan

Dr. Vijay C. Kelkar

None of the above

#5. Insurance expenses paid to bring an equipment from the place of purchase to the place of installation is a type of

Revenue expenditure

Capital expenditure

Deferred revenue expenditure

Operating expense

#6. ABC Ltd was incorporated with an authorised Share Capital of Rs. 1, 00,000 equity shares of Rs. 10 each. The Board of Directors of the company decided to allot 10,000 shares credited as fully paid to the promoters of the company for their services. Which account should be debited in the books of ABC Ltd.?

Promoters’ Account

Services Account

Goodwill Account

Share Capital Account

#7. In a reconstruction scheme, the reduction of capital may take the form of

Reducing the liability of the shareholders in respect of any unpaid amount on the shares held by them.

Paying-off any paid-up share capital which is in excess of its requirement.

Cancelling any paid-up share capital which is lost or unrepresented by available assets.

All of the above.

#8. While determining the normal rate of return for the valuation of shares in Market Value Method, which of the following should be taken into consideration?

The degree of risk involved.

The current rate of interest on gilt-edged securities.

Weighted average cost of capital.

All of the above.

#9. Master budget is a

Functional Budget

Operating Budget

Summary Budget

Financial Budget

#10. Assertion (A): Want-satisfying power of a commodity is called its utility. Reason (R): Utility may not have the characteristic of morality. Codes:

Both (A) and (R) are correct.

(A) is correct, but (R) is not correct.

Both (A) and (R) are not correct.

(R) is correct, but (A) is not correct.

#11. Assertion (A): As the proportion of one variable factor in a combination with fixed factor is increased, after a point the marginal product of the factor will diminish. Reason (R): Beyond the level of optimum combination of inputs leads to this. Codes:

(R) is appropriate reason of (A).

(R) is not appropriate reason of (A).

(A) and (R) are not related with each other.

(A) is independent of (R).

#12. Price, Marginal Revenue and Elasticity are related to each other. When e = 1, then:

MR > 0

MR < 0

MR = 0

MR = 1

#13. Consider the following statistical tests: (i) ‘F’ test (ii) ‘t’ test (iii) ‘z’ test (iv) ‘Chi-square’ test. Which of these are parametric tests?

(i), (ii) and (iv)

(i), (iii) and (iv)

(i), (ii) and (iii)

(ii), (iii) and (iv)

#14. The difference between sample statistic and its corresponding population parameter is

Sampling error

Measurement error

Coverage error

Non-response error

#15. Kendall’s co-efficient of concordance is used to

Test the difference among two or more sets of data.

Test the relationship between variables

Test the variations in the given data.

Test the randomness of samples.

#16. Which of the following softwares are used for data processing? (i) EXCEL (ii) ACCESS (iii) SPSS (iv) STAR (v) PASW Codes:

(i), (ii), (iii) and (v)

(ii), (iii), (iv) and (v)

(iii) and (iv)

(i), (iii) and (iv)

#17. Assertion (A): When span of control is wide co-ordination and control becomes difficult. Reason (R): In a narrow span, levels of authority reduce. Codes:

Both (A) and (R) are true and (R) is the correct explanation of (A).

Both (A) and (R) are true, but (R) is not a correct explanation of (A).

(A) is true, but (R) is false.

(A) is false, but (R) is true.

#18. The general pattern of behaviour, shared belief and values that members have in common is known as

Organisation climate

Organisation culture

Organisation effectiveness

Organisation matrix

#19. Which of the following is not a principle of management according to Henri Fayol?

Subordination of individual interest over the organisational interest

Esprit de corps

Unity of Managers

Unity of Direction

#20. Which of the following concepts is based on development, design and implementation of marketing programmes, processes and activities that recognise their breadth and interdependence?

Product concept

Sales concept

Societal marketing concept

Holistic marketing concept

#21. The concept of marketing-mix, consisting of the 4 P’s of marketing, was developed by

E. Jerome McCarthy

Peter F. Drucker

Philip Kotler

William J. Stonton

#22. The selling concept is most likely to be used by firms which sell

Convenience goods

Shopping goods

Speciality goods

Unsought goods

#23. Consumer attitudes and beliefs about diet, health and nutrition are influenced by

Economic environment

Cultural environment

Social environment

Natural environment

#24. Positive NPV in project appraised by a firm may not occur an account of

Economics of scale

Market reach

Product differentiation

Intangible benefits

#25. In case the projects are divisible under capital rationing an appropriate project appraisal method is

Net Present Value Method

Profitability Index Method

Internal Rate of Return Method

Payback Period Method

#26. Permanent working capital is generally financed through

Long term Capital Funds

Government Assistance

Internal Financing

Short term loans from Banks

#27. The appropriate ratio for indicating liquidity crisis is

Operating ratio

Sales turnover ratio

Current ratio

Acid test ratio

#28. Who proposed a model to apply economic order quantity concept of inventory management to determine the optimum cash holding in a firm?

Keith V. Smith

Miller and Orr

William J. Baumol

J.M. Keynes

#29. Which of the following is not included in the model of the systems approach to Human Resource Management?

Human Resource Planning

Recruitment and Selection

Performance appraisal

Departmentation

#30. It is generally easy to measure the performance of the

Industrial Relations Manager

Research and Development Manager

Sales person

All of the above

#31. Which one of the following is not a monetary incentive to sales people?

Bonus

Staff meeting

Travelling allowance

Both (B) and (C)

#32. Statement (i): Sound industrial relations are essential to achieve individual, team goals and organizational goals. Statement (ii): Congenial labour management relations create an atmosphere of harmony and low rate of absenteeism.

Statement (i) is true, but (ii) is false.

Statement (ii) is true, but (i) is false.

Both statements are true.

Both statements are false.

#33. Out of the following, which are the schemes of Social Security? (i) Provident Fund Scheme (ii) Health Insurance Scheme (iii) Job Guarantee Scheme (iv) Maternity Benefit Scheme (v) Merit Promotion Scheme (vi) Compulsory and Voluntary Social Insurance Scheme (vii) Child Insurance Scheme. Codes:

(i), (ii), (iv) and (vi)

(ii), (i), (v) and (vii)

(iii), (v), (iv) and (vi)

(iv), (vii), (iii) and (ii)

#34. RBI ensures that banks operate within the set norms by conducting inspections and _ monitoring.

On site, off site

Off site, on site

On site, field

Field, on site

#35. Under Section 37 of the Banking (Regulation) Act, a moratorium order can be issued by the High Court for a maximum total period of

One month

Six months

One year

One and a half year

#36. Bonds or debentures issued by Securitization company should bear interest not less than

Bank Rate

Prime Lending Rate

1.5% over the Bank Rate

1.5% over the Saving Rate

#37. Section 131 of the Negotiable Instruments Act extends protection to the _______

Collecting Banker

Paying Banker

Advising Banker

Confirming Banker

#38. When a customer, by a letter has advised the bank not to honour/pay a particular cheque, such letter is called ______

Cancellation letter

Garnishee letter

Mandate

None of the above

#39. Flow of foreign loans and investments affect

Trade balance

Current Account balance

Capital Account balance

None of the above

#40. Concessions mainly multinational in character come under the principle of

Non-discrimination

Reciprocity

Market Access

Fair Competition

#41. From the following identify the one which is not a commercial counter trade?

Classical barter

Counter purchase

Pre-compensation

) Buy-back agreement

UGC NET/JRF Commerce Jun 2013

Results

#1. Direct supervision over depositories and mutual funds is undertaken by

#2. In the call/notice money market, which of the following participants is allowed to trade?

#3. The apex consumer court in India is referred to as

#4. Who is Chairman of 13th Finance Commission?

#5. Insurance expenses paid to bring an equipment from the place of purchase to the place of installation is a type of

#7. In a reconstruction scheme, the reduction of capital may take the form of

#8. While determining the normal rate of return for the valuation of shares in Market Value Method, which of the following should be taken into consideration?

#9. Master budget is a

#10. Assertion (A): Want-satisfying power of a commodity is called its utility. Reason (R): Utility may not have the characteristic of morality. Codes:

#11. Assertion (A): As the proportion of one variable factor in a combination with fixed factor is increased, after a point the marginal product of the factor will diminish. Reason (R): Beyond the level of optimum combination of inputs leads to this. Codes:

#12. Price, Marginal Revenue and Elasticity are related to each other. When e = 1, then:

#13. Consider the following statistical tests: (i) ‘F’ test (ii) ‘t’ test (iii) ‘z’ test (iv) ‘Chi-square’ test. Which of these are parametric tests?

#14. The difference between sample statistic and its corresponding population parameter is

#15. Kendall’s co-efficient of concordance is used to

#16. Which of the following softwares are used for data processing? (i) EXCEL (ii) ACCESS (iii) SPSS (iv) STAR (v) PASW Codes:

#17. Assertion (A): When span of control is wide co-ordination and control becomes difficult. Reason (R): In a narrow span, levels of authority reduce. Codes:

#18. The general pattern of behaviour, shared belief and values that members have in common is known as

#19. Which of the following is not a principle of management according to Henri Fayol?

#20. Which of the following concepts is based on development, design and implementation of marketing programmes, processes and activities that recognise their breadth and interdependence?

#21. The concept of marketing-mix, consisting of the 4 P’s of marketing, was developed by

#22. The selling concept is most likely to be used by firms which sell

#23. Consumer attitudes and beliefs about diet, health and nutrition are influenced by

#24. Positive NPV in project appraised by a firm may not occur an account of

#25. In case the projects are divisible under capital rationing an appropriate project appraisal method is

#26. Permanent working capital is generally financed through

#27. The appropriate ratio for indicating liquidity crisis is

#28. Who proposed a model to apply economic order quantity concept of inventory management to determine the optimum cash holding in a firm?

#29. Which of the following is not included in the model of the systems approach to Human Resource Management?

#30. It is generally easy to measure the performance of the

#31. Which one of the following is not a monetary incentive to sales people?

#32. Statement (i): Sound industrial relations are essential to achieve individual, team goals and organizational goals. Statement (ii): Congenial labour management relations create an atmosphere of harmony and low rate of absenteeism.

#33. Out of the following, which are the schemes of Social Security? (i) Provident Fund Scheme (ii) Health Insurance Scheme (iii) Job Guarantee Scheme (iv) Maternity Benefit Scheme (v) Merit Promotion Scheme (vi) Compulsory and Voluntary Social Insurance Scheme (vii) Child Insurance Scheme. Codes:

#34. RBI ensures that banks operate within the set norms by conducting ______ inspections and _______ monitoring.

#35. Under Section 37 of the Banking (Regulation) Act, a moratorium order can be issued by the High Court for a maximum total period of

#36. Bonds or debentures issued by Securitization company should bear interest not less than

#37. Section 131 of the Negotiable Instruments Act extends protection to the _______

#38. When a customer, by a letter has advised the bank not to honour/pay a particular cheque, such letter is called ______

#39. Flow of foreign loans and investments affect

#40. Concessions mainly multinational in character come under the principle of

#41. From the following identify the one which is not a commercial counter trade?

#34. RBI ensures that banks operate within the set norms by conducting inspections and _ monitoring.