UGC NET/JRF Commerce Dec 2012

#1. GDP at factor cost is

P (Q) + P (S)

GDP- IT- S

GDP + DT +S

GDP- DT + S

#2. Which one is not the main objective of fiscal policy of India?

To increase liquidity in the economy

To promote price stability

To minimize the inequalities of income and wealth

To promote employment opportunities.

#3. Which one is not an element of internal environment?

Marketing capability

Operational capability

Money and Capital market

Personnel capability

#4. Out of the following, which four benefits are available to hosts countries from MNC’s? i. Transfer of technology ii. Learning of business mannerism iii. Strategic information sharing iv. Creation of jobs v. Entertainment vi. Better utilisation of resources vii. Enhancing social contacts. viii. Improved competition in local economy

i, iii, v, vii

ii, iv, vi, viii

i, iv, vi, viii

iii, vi, vii, viii

#5. Environmental degradation does not consist of

Land degradation and soil erosion

Problem of overgrazing and ecological degradation

Floods

None of the above

#6. Which one of the following concepts is used as fund in the preparation of Funds Flow Statement?

Current Assets

Working Capital

Cash

All Financial Resources

#7. Window dressing is prohibited due to

Conservation Convention

Convention of Disclosure

Convention of Materiality

Arrear of book accounts

#8. Assertion (A): Ratio analysis is one the tools employed to know the financial health of a concern. Reason (R): Ratio analysis is not the only technique available to take investment decision.

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

Both (A) and (R) are true, but (R) is incorrect explanation of (A).

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

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

#9. Which of the following relate to measures of non-financial performance of a concern? i. Customer satisfaction ii. Business process improvement iii. Learning organisation Choose the right combination.

i, iii, ii, iv

ii, iv, iii

iv, i, iii

i, ii, iv

#10. Consider the following parties: i. Secured creditors ii. Unsecured creditors iii. Partners who have granted loans iv. Partners who have contributed over and above profit sharing ratio Arrange them in correct sequence in the event of the dissolution of a firm.

ii, i, iii, iv

i, ii, iii, iv

i, ii, iv, iii

ii, i, iv, iii

#11. Which kind of economics explains the phenomenon of cause and effect relationship?

Normative

Positive

Micro

Macro

#12. Assertion (A): Marginal cost and differential cost do not convey the same meaning in all the circumstances. Reason (R): Differential cost increases or decreases due to change in fixed cost.

(A) is true but (R) is false

(A) is false but (R) is true

(A) and (R) are correct and (R) is correct explanation of (A).

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

#13. Consider the following: i. Pricing objectives ii. Pricing methods iii. Pricing strategies iv. Pricing decisions Arrange them in correct sequences:

i, iii, ii, iv

i, iv, iii, ii

ii, i, iv, iii

iv, ii, iii, i

#14. A commodity is used for multiple purposes, and then the demand for it is known as

Joint Demand

Composite Demand

Direct Demand

Autonomous Demand

#15. Sample design involves the following: i. Sampling unit ii. Size of samples iii.Type of universe iv. Sampling procedure Which one of the following sequences is correct?

i, ii, iii, iv, v

iii, iv, i, ii, iv

iii, i, iv, ii, v

iii, v, i, iv, ii

#16. Which one of the following is not a measure of dispersion?

Quartile

Range

Mean Deviation

Standard Deviation

#17. If bxy = 0.25 and byx = 0.64, correlation coefficient is

0.16

0.40

0.89

0.30

#18. Struge’s rule is used to find out directly

Number of classes in a continuous distribution

Size of class limits

Direction of the classification

None of the above

#19. Which of the following software has application in both Mathematics and Statistics?

SPSS

SAS

R

None of the above

#20. Assertion (A): All decisions taken through mental process are rational. Reason (R): Decision making is a mental process.

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

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

Both (A) and (R) are correct

Both (A) and (R) are not correct

#21. Who among the following developed the technique of Management by Exception?

Joseph L. Massie

Lester R. Bittel

L.F. Urwick

Peter F. Drucker

#22. Which among the following are parts of job description? i. duties performed ii. Job summary iii. Job identification iv. Supervision given v. Delegation of authority

i, ii, iii, and iv

ii, iii, iv and v

i, iii, iv, and v

i, ii, iii and v

#23. Appointment of independent Directors is the part of Corporate Governance as per the

SEBI

Indian Companies Act

Government of India

RBI

#24. A method for achieving maximum market response from limited marketing resources by reorganising differences in the response characteristics of various parts of the market is known as

Market targeting

Market positioning

Market segmentation

Market strategy

#25. Who plays their significant role in distribution of goods when they do not sell to ultimate users or consumers?

Retailer

Wholeseller

Mediator

Commission agent

#26. In Marketing Mix, which four P’s are covered?

Product, Price, Place, promotion

Product, Price, Power, Promotion

Product, Price, Penetration, Promotion

Product, Price, Positioning, Promotion

#27. Which research includes all types of researches into human motives when it refers to qualitative research designed to uncover the consumer’s sub consciousness or hidden motivations?

Motivational Research

Marketing Research

Managerial Research

Price Research

#28. False and misleading claims and vulgarity in advertisements do not match with

Aggressive advertising

Ethics in advertising

Mass level of advertising

Sales promotion

#29. Arrange the following steps involved in capital budgeting in order of their occurrence: i. Project selection ii. Project appraisal iii. Follow up iv. Project execution

ii, iii, i, v, iv

iii, ii, i, v, iv

i, iii, ii, v, iv

i, ii, iii, v, iv

#30. Which method does not consider the time value of money?

Net Present Value

Internal Rate of Return

Average Rate of Return

Profitability

#31. Which formula is used measure the degree of Operating leverage?

EBIT/sales

C/EBIT

EBIT/EBT

EBIT/C

#32. Which one is more appropriate for cost of retained earnings?

Weighted Average Cost of Capital

Opportunity cost to the firm

Expected rate of return by the investor

None of the above

#33. During which plan was the National Apprenticeship Training Scheme introduced?

1 st Five Year Plan

2 nd Five Year Plan

4 th Five Year Plan

Annual Plans

#34. Arrange the following staffing procedures in the correct sequences: i. Determining sources of Personnel supply ii. Preparing personal specifications. iii. Selection of personnel. iv. Determining personnel characteristics

ii, i, iv, iii

i, ii, iii, iv

ii, i, iii, iv

ii, iii, i, iv

#35. Which among the following is not a voluntary method for prevention and settlement of disputes?

Collective Bargaining

Standing orders

Joint Consultation

Works Committee

#36. Statement-I: It is no better to pay employees for little than to pay too much. Statement-II: Competent employees will remain competent forever.

Statement I is true, but II is false.

Statement II is true, but I is false.

Both Statements I and II are true.

Both Statements I and II are false.

#37. Which one among the following has not started Commercial Banking?

SIDBI

IDBI

ICICI

UTI

#38. What is OTP in credit card transactions?

Odd Transaction Password

Owner’s Trading Password

One Time Password

One Time Pin code

#39. The powers of Controller of Capital Issues of India is now shifted to

Ministry of Finance

SEBI

AMFI

Ministry of Corporate Affairs

#40. The success of E-banking depends upon:www.netugc.com i. Multi-layer Security System ii. Risk and Surveillance Management iii. Updated Flawless Softwares iv. Stringent Legal Frame-work

i and ii

i,ii, and iii

ii, iii, and iv

i, ii, iii and iv

#41. International liquidity comprises which four of the following? i. Gold held by Central Banks. ii. Gold held by families. iii. Forex Reserve held by Commercial Banks. iv. Mineral wealth. v. SDRs. vi. Borrowing facilities. vii. NRIs FDRs viii. Credit facilities available under SWAP.

i, ii, iii, iv

ii, iii, iv, viii

i, iii, v, viii

iii, iv, vii, viii

#42. Which among the following are important bodies of WTO? i. Dispute Settlement Body. ii. NAFTA iii. Trade Policy Review Body. iv. ASEAN v. Council for Trade in Goods vi. IBRD vii. Council for Trade related aspects of Intellectual Property Rights. viii. GATT An appropriate combination is

i, ii, iii, iv

ii, iii, iv, v

i, iii, v, vii

iv, v, vi, viii

#43. Which one is not the source of External Finance?

WTO Funds

World Bank Group

Export Credit

Foreign Direct Investment

#44. Which one is called Bretton-Wood Twins?

IBRD and IDA

IMF and IFC

IMF and IBRD

IDA and IFC

#45. UNCTAD stands for

United Nations Committee on Tariff and Development.

United Nations Conference on Trade and Deficit.

United Nations Conference on Trade and Development.

Union of Nations Cause for Trade and Development.

UGC NET/JRF Commerce Dec 2012

Results

#1. GDP at factor cost is

#2. Which one is not the main objective of fiscal policy of India?

#3. Which one is not an element of internal environment?

#5. Environmental degradation does not consist of

#6. Which one of the following concepts is used as fund in the preparation of Funds Flow Statement?

#7. Window dressing is prohibited due to

#8. Assertion (A): Ratio analysis is one the tools employed to know the financial health of a concern. Reason (R): Ratio analysis is not the only technique available to take investment decision.

#9. Which of the following relate to measures of non-financial performance of a concern? i. Customer satisfaction ii. Business process improvement iii. Learning organisation Choose the right combination.

#10. Consider the following parties: i. Secured creditors ii. Unsecured creditors iii. Partners who have granted loans iv. Partners who have contributed over and above profit sharing ratio Arrange them in correct sequence in the event of the dissolution of a firm.

#11. Which kind of economics explains the phenomenon of cause and effect relationship?

#12. Assertion (A): Marginal cost and differential cost do not convey the same meaning in all the circumstances. Reason (R): Differential cost increases or decreases due to change in fixed cost.

#13. Consider the following: i. Pricing objectives ii. Pricing methods iii. Pricing strategies iv. Pricing decisions Arrange them in correct sequences:

#14. A commodity is used for multiple purposes, and then the demand for it is known as

#15. Sample design involves the following: i. Sampling unit ii. Size of samples iii.Type of universe iv. Sampling procedure Which one of the following sequences is correct?

#16. Which one of the following is not a measure of dispersion?

#17. If bxy = 0.25 and byx = 0.64, correlation coefficient is

#18. Struge’s rule is used to find out directly

#19. Which of the following software has application in both Mathematics and Statistics?

#20. Assertion (A): All decisions taken through mental process are rational. Reason (R): Decision making is a mental process.

#21. Who among the following developed the technique of Management by Exception?

#22. Which among the following are parts of job description? i. duties performed ii. Job summary iii. Job identification iv. Supervision given v. Delegation of authority

#23. Appointment of independent Directors is the part of Corporate Governance as per the

#24. A method for achieving maximum market response from limited marketing resources by reorganising differences in the response characteristics of various parts of the market is known as

#25. Who plays their significant role in distribution of goods when they do not sell to ultimate users or consumers?

#26. In Marketing Mix, which four P’s are covered?

#27. Which research includes all types of researches into human motives when it refers to qualitative research designed to uncover the consumer’s sub consciousness or hidden motivations?

#28. False and misleading claims and vulgarity in advertisements do not match with

#29. Arrange the following steps involved in capital budgeting in order of their occurrence: i. Project selection ii. Project appraisal iii. Follow up iv. Project execution

#30. Which method does not consider the time value of money?

#31. Which formula is used measure the degree of Operating leverage?

#32. Which one is more appropriate for cost of retained earnings?

#33. During which plan was the National Apprenticeship Training Scheme introduced?

#34. Arrange the following staffing procedures in the correct sequences: i. Determining sources of Personnel supply ii. Preparing personal specifications. iii. Selection of personnel. iv. Determining personnel characteristics

#35. Which among the following is not a voluntary method for prevention and settlement of disputes?

#36. Statement-I: It is no better to pay employees for little than to pay too much. Statement-II: Competent employees will remain competent forever.

#37. Which one among the following has not started Commercial Banking?

#38. What is OTP in credit card transactions?

#39. The powers of Controller of Capital Issues of India is now shifted to

#40. The success of E-banking depends upon:www.netugc.com i. Multi-layer Security System ii. Risk and Surveillance Management iii. Updated Flawless Softwares iv. Stringent Legal Frame-work

#41. International liquidity comprises which four of the following? i. Gold held by Central Banks. ii. Gold held by families. iii. Forex Reserve held by Commercial Banks. iv. Mineral wealth. v. SDRs. vi. Borrowing facilities. vii. NRIs FDRs viii. Credit facilities available under SWAP.

#42. Which among the following are important bodies of WTO? i. Dispute Settlement Body. ii. NAFTA iii. Trade Policy Review Body. iv. ASEAN v. Council for Trade in Goods vi. IBRD vii. Council for Trade related aspects of Intellectual Property Rights. viii. GATT An appropriate combination is

#43. Which one is not the source of External Finance?

#44. Which one is called Bretton-Wood Twins?

#45. UNCTAD stands for