Official Paper

UGC NET 2083 Previous Year Paper Shift 1

150 questions · 180 minutes · with answers · free

Attempt as Timed Mock Test

Paper I (Teaching & Research Aptitude) (50 questions)

1

Comprehension: Study carefully the table given below and answer the question asked here under. A college has four programs B.A., B.Sc., B.Com. and B.B.A. The results of the mid-semester and end-semester tests are shown in the table given below.

ResultsNumber of students
B.A.B.Sc.B.Com.B.B.A.
Failed in both tests28231727
Failed in mid-semester test but passed in end-semester test1412813
passed in mid-semester test but failed in end-semester test617915
Passed in both tests64554676

SubQuestion No : 1 If the number of students passing a test be considered a criterion for comparison of difficulty level of two tests, then mid-semester test of which of the following programs was the least difficult ? (1) B.A. (2) B.Sc. (3) B.Com. (4) B.B.A.

  1. ((a))

    B.A.

  2. ((b))

    B.Sc.

  3. ((c))

    B.Com.

  4. ((d))

    B.B.A.

Show Answer
Answer: ((a))

B.A.

2

Comprehension: Study carefully the table given below and answer the question asked here under. A college has four programs B.A., B.Sc., B.Com. and B.B.A. The results of the mid-semester and end-semester tests are shown in the table given below.

ResultsNumber of students
B.A.B.Sc.B.Com.B.B.A.
Failed in both tests28231727
Failed in mid-semester test but passed in end-semester test1412813
passed in mid-semester test but failed in end-semester test617915
Passed in both tests64554676

SubQuestion No : 2 Which program has the lowest passing percentage in end-semester test ? (1) B.A. (2) B.Sc. (3) B.Com. (4) B.B.A.

  1. ((a))

    B.A.

  2. ((b))

    B.Sc.

  3. ((c))

    B.Com.

  4. ((d))

    B.B.A.

Show Answer
Answer: ((a))

B.A.

3

Comprehension: Study carefully the table given below and answer the question asked here under. A college has four programs B.A., B.Sc., B.Com. and B.B.A. The results of the mid-semester and end-semester tests are shown in the table given below.

ResultsNumber of students
B.A.B.Sc.B.Com.B.B.A.
Failed in both tests28231727
Failed in mid-semester test but passed in end-semester test1412813
passed in mid-semester test but failed in end-semester test617915
Passed in both tests64554676

SubQuestion No : 3 Which program has the highest failure rate in the mid-semester test ? (1) B.A. (2) B.Sc. (3) B.Com. (4) B.B.A.

  1. ((a))

    B.A.

  2. ((b))

    B.Sc.

  3. ((c))

    B.Com.

  4. ((d))

    B.B.A.

Show Answer
Answer: ((a))

B.A.

4

Comprehension: Study carefully the table given below and answer the question asked here under. A college has four programs B.A., B.Sc., B.Com. and B.B.A. The results of the mid-semester and end-semester tests are shown in the table given below.

ResultsNumber of students
B.A.B.Sc.B.Com.B.B.A.
Failed in both tests28231727
Failed in mid-semester test but passed in end-semester test1412813
passed in mid-semester test but failed in end-semester test617915
Passed in both tests64554676

SubQuestion No : 4 How many students are there in the four programs ? (1) 420 (2) 430 (3) 320 (4) 330

  1. ((a))

    420

  2. ((b))

    430

  3. ((c))

    320

  4. ((d))

    330

Show Answer
Answer: ((a))

420

5

Comprehension: Study carefully the table given below and answer the question asked here under. A college has four programs B.A., B.Sc., B.Com. and B.B.A. The results of the mid-semester and end-semester tests are shown in the table given below.

ResultsNumber of students
B.A.B.Sc.B.Com.B.B.A.
Failed in both tests28231727
Failed in mid-semester test but passed in end-semester test1412813
passed in mid-semester test but failed in end-semester test617915
Passed in both tests64554676

SubQuestion No : 5 What is the ratio of number of students in B.Sc. program to the number of students in B.Com. program ? (1) 80:107 (2) 107:131 (3) 107:80 (4) 80:131

  1. ((a))

    80:107

  2. ((b))

    107:131

  3. ((c))

    107:80

  4. ((d))

    80:131

Show Answer
Answer: ((a))

80:107

6

Which of the following represents the ontological orientation of qualitative research strategies ? (1) Deductive (2) Positivism (3) Objectivism (4) Constructionism

  1. ((a))

    Deductive

  2. ((b))

    Positivism

  3. ((c))

    Objectivism

  4. ((d))

    Constructionism

Show Answer
Answer: ((a))

Deductive

7

Which term is NOT related to computer hardware ? (1) Bus (2) Switch (3) Windows (4) Mouse

  1. ((a))

    Bus

  2. ((b))

    Switch

  3. ((c))

    Windows

  4. ((d))

    Mouse

Show Answer
Answer: ((a))

Bus

8

Arrange the following pairs of standard deviation (σ) and total number of samples (n) pertaining to different sampling distributions in the decreasing order of their standard error. A. σ = 1.6, n = 16 B. σ = 1.5, n = 25 C. σ = 0.6, n = 36 D. σ = 1.4, n = 49 Choose the correct answer from the options given below : (1) A, B, C, D (2) A, B, D, C (3) D, C, B, A (4) C, B, D, A

  1. ((a))

    A, B, C, D

  2. ((b))

    A, B, D, C

  3. ((c))

    D, C, B, A

  4. ((d))

    C, B, D, A

Show Answer
Answer: ((a))

A, B, C, D

9

Given below are two statements : one is labelled as Assertion (A) and the other is labelled as Reason (R). Assertion (A) : The terms validity and invalidity do not apply to inductive arguments. Reason (R) : In an inductive argument, the conclusion does not have sufficient ground in the premises. In the light of the above statements, choose the most appropriate answer from the options given below : (1) Both (A) and (R) are correct and (R) is the correct explanation of (A) (2) Both (A) and (R) are correct but (R) is not the correct explanation of (A) (3) (A) is correct but (R) is not correct (4) (A) is not correct but (R) is correct

  1. ((a))

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

  2. ((b))

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

  3. ((c))

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

  4. ((d))

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

Show Answer
Answer: ((a))

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

10

Given below are two statements : one is labelled as Assertion (A) and the other is labelled as Reason (R). Assertion (A) : People, who hold views contrary to those dominant in the media, keep those views to themselves. Reason (R) : Such people fear isolation or separation from those around them. In the light of the above statements, choose the most appropriate answer from the options given below : (1) Both (A) and (R) are correct and (R) is the correct explanation of (A) (2) Both (A) and (R) are correct but (R) is not the correct explanation of (A) (3) (A) is correct but (R) is not correct (4) (A) is not correct but (R) is correct

  1. ((a))

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

  2. ((b))

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

  3. ((c))

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

  4. ((d))

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

Show Answer
Answer: ((a))

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

11

Arrange the following following in the ascending order of adoption in terms of Diffusion of Innovation among the masses : A. Opinion Followers B. Opinion Leaders C. Early Adopters D. Change Agents E. Laggards Choose the correct answer from the options given below : (1) A, D, C, B, E (2) D, C, B, A, E (3) C, D, B, A, E (4) A, B, C, D, E

  1. ((a))

    A, D, C, B, E

  2. ((b))

    D, C, B, A, E

  3. ((c))

    C, D, B, A, E

  4. ((d))

    A, B, C, D, E

Show Answer
Answer: ((a))

A, D, C, B, E

12

The theory that argues that media can have a strong influence in deciding the small number of public problems or issues that people will think about at any given point in time, is : (1) Agenda-Setting Theory (2) Knowledge-Gap Theory (3) Limited Effects Theory (4) Personal Influence Theory

  1. ((a))

    Agenda-Setting Theory

  2. ((b))

    Knowledge-Gap Theory

  3. ((c))

    Limited Effects Theory

  4. ((d))

    Personal Influence Theory

Show Answer
Answer: ((a))

Agenda-Setting Theory

13

Arrange the following in increasing order in terms of their coverage : A. PAN B. MAN C. WAN D. LAN Choose the correct answer from the options given below : (1) D, B, A, C (2) A, B, D, C (3) A, D, B, C (4) B, A, D, C

  1. ((a))

    D, B, A, C

  2. ((b))

    A, B, D, C

  3. ((c))

    A, D, B, C

  4. ((d))

    B, A, D, C

Show Answer
Answer: ((a))

D, B, A, C

14

सूची-I से सूची-II का मिलान कीजिए: सूची-I (आश्रम के विभाग) A. विष्णु स्थान B. निवस्त स्थान C. गरुण स्थान D. महेन्द्र स्थान सूची-II (विषय) I. सैन्य शिक्षा II. ज्योतिष III. राजनीति IV. यात्रा एवं परिवहन नीचे दिए गए विकल्पों में से सही उत्तर का चयन कीजिए : (1) A-II, B-IV, C-III, D-I (2) A-I, B-III, C-II, D-IV (3) A-III, B-II, C-IV, D-I (4) A-I, B-II, C-III, D-IV

  1. ((a))

    A-II, B-IV, C-III, D-I

  2. ((b))

    A-I, B-III, C-II, D-IV

  3. ((c))

    A-III, B-II, C-IV, D-I

  4. ((d))

    A-I, B-II, C-III, D-IV

Show Answer
Answer: ((a))

A-II, B-IV, C-III, D-I

15

The issue related to 'traditional knowledge societies and their livelihood' is addressed in the National Mission for : (1) Enhanced Energy Efficiency (2) Sustaining the Himalayan Eco-system (3) Sustainable Habitat (4) A Green India

  1. ((a))

    Enhanced Energy Efficiency

  2. ((b))

    Sustaining the Himalayan Eco-system

  3. ((c))

    Sustainable Habitat

  4. ((d))

    A Green India

Show Answer
Answer: ((a))

Enhanced Energy Efficiency

16

Which of the following are not true ? A. In the argument from ignorance fallacy, something is accepted as true because it is not proven false. B. In Hasty generalisation fallacy, a general truth is applied to a particular case ignoring its uniqueness. C. In Begging the question fallacy, an event is wrongly accepted as the cause of some other event. D. The fallacy of Amphiboly occurs in arguing from premises whose formulations are ambiguous because of their grammatical construction. Choose the correct answer from the options given below : (1) A, B and C only (2) A, B and D only (3) B and C only (4) A and D only

  1. ((a))

    A, B and C only

  2. ((b))

    A, B and D only

  3. ((c))

    B and C only

  4. ((d))

    A and D only

Show Answer
Answer: ((a))

A, B and C only

17

Active Audience Theories focus on assessing what : (1) people do with media (2) media does with people (3) administration does with media (4) regulations impact media

  1. ((a))

    people do with media

  2. ((b))

    media does with people

  3. ((c))

    administration does with media

  4. ((d))

    regulations impact media

Show Answer
Answer: ((a))

people do with media

18

As per the recommendations of National Education Policy, 2020, all stand alone teacher education institutions will be required to convert into multidisciplinary institutions by : (1) 2025 (2) 2030 (3) 2035 (4) 2040

  1. ((a))

    2025

  2. ((b))

    2030

  3. ((c))

    2035

  4. ((d))

    2040

Show Answer
Answer: ((a))

2025

19

Given below are two statements : one is labelled as Assertion (A) and the other is labelled as Reason (R). Assertion (A) : The projective techniques offer an approach to the measurement of the personality, which is different from the self-descriptive inventories. Reason (R) : Self-descriptive inventories require the subject to describe himself/herself while assessing personality. In the light of the above statements, choose the most appropriate answer from the options given below : (1) Both (A) and (R) are correct and (R) is the correct explanation of (A) (2) Both (A) and (R) are correct but (R) is not the correct explanation of (A) (3) (A) is correct but (R) is not correct (4) (A) is not correct but (R) is correct

  1. ((a))

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

  2. ((b))

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

  3. ((c))

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

  4. ((d))

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

Show Answer
Answer: ((a))

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

20

Identify the correct mathematical statements : A. The value of [Formula above] is equal to 37/120. B. [Formula above] is equal to 4/5. C. If the average of 6 numbers is 7, the average of 3 numbers of them is 5, then the average of remaining numbers is 9. D. If 75% of a number is added to 75, then the result is number itself. Then the number is 300. E. Largest fraction from 9/31, 6/23, 3/17, 4/11 is 9/31. Choose the correct answer from the options given below : (1) A and B only (2) A, C and D only (3) C and D only (4) C, E and D only

  1. ((a))

    A and B only

  2. ((b))

    A, C and D only

  3. ((c))

    C and D only

  4. ((d))

    C, E and D only

Show Answer
Answer: ((a))

A and B only

21

Which of the following explains the fallacy (hetvābhāsa) of satpratipaksha correctly ?

  1. ((a))

    A fallacy where an inference is contradicted by perception or some other non-inferential pramana.

  2. ((b))

    A fallacy where one inference is contradicted by another inference.

  3. ((c))

    A fallacy that disproves the very proposition which it is meant to prove.

  4. ((d))

    A fallacy of the irregular middle

Show Answer
Answer: ((a))

A fallacy where an inference is contradicted by perception or some other non-inferential pramana.

22

Match List - I with List - II.

List - I (Type of Development) A. Psycho-sexual Development B. Psycho-social Development C. Cognitive Development D. Moral Development

List - II (Related with) I. Identity vs. Role Confusion II. Anal Stage III. Hypothetical-deductive reasoning IV. Resolving ethical dilemma

Choose the correct answer from the options given below :

  1. ((a))

    A-II, B-III, C-I, D-IV

  2. ((b))

    A-III, B-I, C-IV, D-II

  3. ((c))

    A-I, B-IV, C-II, D-III

  4. ((d))

    A-II, B-I, C-III, D-IV

Show Answer
Answer: ((a))

A-II, B-III, C-I, D-IV

23

Identify the advantages of closed ended questions in survey research :

A. It is easy to process answers. B. Respondents can answer in their own terms. C. They are easy for the respondents to complete. D. They allow unusual responses to be derived.

Choose the correct answer from the options given below :

  1. ((a))

    A and B only

  2. ((b))

    A and C only

  3. ((c))

    A, B and C only

  4. ((d))

    B, C and D only

Show Answer
Answer: ((a))

A and B only

24

Which of the following are application software ?

A. Spreadsheet B. Word Processor C. Operating system D. Database E. Compiler

Choose the correct answer from the options given below :

  1. ((a))

    A, C and D only

  2. ((b))

    B, C and E only

  3. ((c))

    A, D and E only

  4. ((d))

    A, B and D only

Show Answer
Answer: ((a))

A, C and D only

25

Measurement validity primarily relates to :

  1. ((a))

    Qualitative research

  2. ((b))

    Quantitative research

  3. ((c))

    Interpretivism

  4. ((d))

    Constructionism

Show Answer
Answer: ((a))

Qualitative research

26

Match List - I with List - II.

List - I A. Independent variable in true experimental design B. Dependent variable C. Intervening variable D. Confounding variable

List - II I. Outcome variable II. Control variable III. Spurious variable IV. Stands between independent variable and dependent variable

Choose the correct answer from the options given below :

  1. ((a))

    A-IV, B-III, C-II, D-I

  2. ((b))

    A-II, B-I, C-IV, D-III

  3. ((c))

    A-III, B-IV, C-I, D-II

  4. ((d))

    A-II, B-III, C-IV, D-I

Show Answer
Answer: ((a))

A-IV, B-III, C-II, D-I

27

Match List - I with List - II.

List - I (Successive discounts) A. 10% and 15% B. 20% and 30% C. 10% and 20% D. 10% and 25%

List - II (Equivalent discount) I. 28% II. 32.5% III. 23.5% IV. 44%

Choose the correct answer from the options given below :

  1. ((a))

    A-I, B-II, C-IV, D-III

  2. ((b))

    A-II, B-III, C-I, D-IV

  3. ((c))

    A-III, B-IV, C-I, D-II

  4. ((d))

    A-IV, B-I, C-II, D-III

Show Answer
Answer: ((a))

A-I, B-II, C-IV, D-III

28

Given below are two statements : one is labelled as Assertion (A) and the other is labelled as Reason (R).

Assertion (A) : National Education Policy, 2020 (NEP-2020) visualized 'Research-Intensive Universities'. Reason (R) : NEP-2020 envisioned university as a place which lays equal emphasis on teaching and research.

In the light of the above statements, choose the most appropriate answer from the options given below :

  1. ((a))

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

  2. ((b))

    Both (A) and (R) are correct but (R) is NOT the correct explanation of (A)

  3. ((c))

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

  4. ((d))

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

Show Answer
Answer: ((a))

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

29

सूची-I से सूची-II का मिलान कीजिए :

सूची-I A. आलंकारिक B. संकेत विज्ञान संबंधी C. घटना क्रिया विज्ञानी D. आलोचनात्मक (क्रिटिकल)

सूची-II I. संचार को प्राथान्य विचारधारात्मक शक्तियों के संबंध में तर्क मूलक चिंतन मानना II. संचार को प्रमाणिक संवाद के जरिए अनुभव करने की क्षमता मानना III. संचार को एक व्यवहारिक कला मानना IV. संचार को संकेतों के माध्यम से अंतर्र्विषय निष्ठ सावना मानना

नीचे दिए गए विकल्पों में से सही उत्तर का चयन कीजिए :

  1. ((a))

    A-III, B-IV, C-II, D-I

  2. ((b))

    A-II, B-IV, C-III, D-I

  3. ((c))

    A-I, B-IV, C-II, D-III

  4. ((d))

    A-III, B-II, C-IV, D-I

Show Answer
Answer: ((a))

A-III, B-IV, C-II, D-I

30

Arrange the following greenhouse gases in the increasing order of their life time in the earth's atmosphere :

A. SF₆ B. N₂O C. H₂O vapor D. CH₄

Choose the correct answer from the options given below :

  1. ((a))

    C, D, B, A

  2. ((b))

    C, D, A, B

  3. ((c))

    A, B, C, D

  4. ((d))

    B, A, D, C

Show Answer
Answer: ((a))

C, D, B, A

31

Arrange the following fractions in ascending order :

A. 2/3 B. 7/19 C. 9/11 D. 8/9 E. 7/9

Choose the correct answer from the options given below :

  1. ((a))

    B, A, E, C, D

  2. ((b))

    B, E, A, D, C

  3. ((c))

    A, B, C, D, E

  4. ((d))

    B, C, A, E, D

Show Answer
Answer: ((a))

B, A, E, C, D

32

Complete the following series : N7V, K9T, H12R, ?, B21N

  1. ((a))

    E14R

  2. ((b))

    E13Q

  3. ((c))

    E16P

  4. ((d))

    F16R

Show Answer
Answer: ((a))

E14R

33

Match List - I with List - II.

List - I (Types Categorical propositions) A. A proposition B. E proposition C. I proposition D. O proposition

List - II (Explanation) I. Distributes both subject and predicate terms II. Distributes only predicate term III. Distributes only subject term IV. Distributes neither subject nor predicate term

Choose the correct answer from the options given below :

  1. ((a))

    A-III, B-I, C-IV, D-II

  2. ((b))

    A-II, B-I, C-IV, D-III

  3. ((c))

    A-I, B-II, C-III, D-IV

  4. ((d))

    A-IV, B-III, C-II, D-I

Show Answer
Answer: ((a))

A-III, B-I, C-IV, D-II

34

Match List - I with List - II.

List - I A. Phishing B. Hacking C. Spam D. Cookies

List - II I. Act of gaining unauthorized access II. Unsolicited email sent over the internet to a recipient on a mailing list III. Small file or code stored on user's computer IV. The creator sends out legitimate-looking emails to target users

Choose the correct answer from the options given below :

  1. ((a))

    A-II, B-III, C-IV, D-I

  2. ((b))

    A-IV, B-I, C-II, D-III

  3. ((c))

    A-IV, B-I, C-III, D-II

  4. ((d))

    A-I, B-IV, C-II, D-III

Show Answer
Answer: ((a))

A-II, B-III, C-IV, D-I

35

Arrange the following senior functionaries of a central university in the correct hierarchical order :

A. Visitor B. Dean of the faculty C. Chancellor D. Head of Department E. Vice-Chancellor

Choose the correct answer from the options given below :

  1. ((a))

    A, C, E, D, B

  2. ((b))

    C, A, E, D, B

  3. ((c))

    A, C, E, B, D

  4. ((d))

    B, D, E, C, A

Show Answer
Answer: ((a))

A, C, E, D, B

36

Which of the following is an example of biological motive ?

  1. ((a))

    Achievement

  2. ((b))

    Hunger

  3. ((c))

    Power

  4. ((d))

    Affiliation

Show Answer
Answer: ((a))

Achievement

37

The smallest unit of information, a computer can understand and process is known as :

  1. ((a))

    Digit

  2. ((b))

    Byte

  3. ((c))

    Nibble

  4. ((d))

    Bit

Show Answer
Answer: ((a))

Digit

38

Journals that prioritize self-interest at the expense of scholarship and are characterized by false or misleading information, deviation from best editorial/publication practices, lack of transparency and/or use of aggressive and indiscriminate solicitation practices, are known as :

  1. ((a))

    Open access journals

  2. ((b))

    Proprietary journals

  3. ((c))

    Professional journals

  4. ((d))

    Predatory journals

Show Answer
Answer: ((a))

Open access journals

39

Arrange the steps of creative thinking process in correct sequence :

A. Preparation B. Evaluation C. Illumination D. Revision E. Incubation

Choose the correct answer from the options given below :

  1. ((a))

    A, B, C, D, E

  2. ((b))

    E, D, C, B, A

  3. ((c))

    D, C, B, E, A

  4. ((d))

    A, E, C, B, D

Show Answer
Answer: ((a))

A, B, C, D, E

40

Match List - I with List - II.

List - I A. Primary Air pollutant B. Secondary Air pollutant C. Ozone depleting substance D. Cloud Condensation Nuclei

List - II I. Peroxyacyl nitrate II. Carbon monoxide III. Aerosols IV. Chlorofluorocarbons

Choose the correct answer from the options given below :

  1. ((a))

    A-I, B-II, C-III, D-IV

  2. ((b))

    A-II, B-I, C-IV, D-III

  3. ((c))

    A-I, B-II, C-IV, D-III

  4. ((d))

    A-II, B-I, C-III, D-IV

Show Answer
Answer: ((a))

A-I, B-II, C-III, D-IV

41

Given below are two statements : one is labelled as Assertion (A) and the other is labelled as Reason (R). Assertion (A) : A wind mill will be more effective if it is placed at a higher elevation above the ground than a lower one. Reason (R) : Generally, the wind speed increases with altitude above the earth's surface. In the light of the above statements, choose the most appropriate answer from the options given below :

  1. ((a))

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

  2. ((b))

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

  3. ((c))

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

  4. ((d))

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

Show Answer
Answer: ((a))

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

42

The oxygen consumed in the oxidation of an organic compound by microorganisms in the aquatic ecosystem is called ________.

  1. ((a))

    Dissolved oxygen

  2. ((b))

    Chemical oxygen demand

  3. ((c))

    Theoretical oxygen demand

  4. ((d))

    Biochemical oxygen demand

Show Answer
Answer: ((a))

Dissolved oxygen

43

Which of the following is/are true : A. The conversion of an O proposition is valid. B. The conversion of an A proposition is an A proposition. C. The conversion of an E proposition is conversion by limitation. D. The conversion of an I proposition is valid. Choose the correct answer from the options given below :

  1. ((a))

    A and D only

  2. ((b))

    A and B only

  3. ((c))

    C only

  4. ((d))

    D only

Show Answer
Answer: ((a))

A and D only

44

Two cyclists cover the same distance at 15 km/hr and 16 km/hr, respectively. If one cyclist takes 16 minutes longer than the other, then the distance travelled by each cyclist is :

  1. ((a))

    64 km

  2. ((b))

    16 km

  3. ((c))

    68 km

  4. ((d))

    12 km

Show Answer
Answer: ((a))

64 km

45

Which among the following is the most liberal Open Education Resource license ?

  1. ((a))

    CC-BY

  2. ((b))

    CC-BY-SA

  3. ((c))

    CC-BY-ND

  4. ((d))

    CC-BY-NC

Show Answer
Answer: ((a))

CC-BY

46

Comprehension:

Read the following passage and answer the questions :

Organized endeavors directed by people responsible for planning, organizing, leading and controlling activities have existed for thousands of years. The Egyptian pyramids and the Great Wall of China, for instance, are tangible evidence that projects of tremendous scope, employing tens of thousands of people, were undertaken well before modern times. The pyramids are a particularly interesting example. The construction of a single pyramid occupied more than 100,000 workers for 20 years. Who told each worker what to do ? Who ensured that there would be enough stones at the site to keep workers busy ? The answer to such questions is managers. Regardless of what managers were called at the time, someone had to plan what was to be done, organize people and materials to do it, lead and direct the workers, and impose some controls to ensure that everything was done as planned.

Another example of early management can be seen during the 1400s in the city of Venice, Italy, a major economic and trade center. The Venetians developed an early form of business enterprise and engaged in many activities common to today's organizations. For instance, at the arsenal of Venice, warships were floated along the canals, and at each stop materials and riggings were added to the ship. Doesn't that sound a lot like a car "floating" along an automobile assembly line while components are added to it ? In addition to this assembly line, the Venetians also used warehouse and inventory systems to keep track of materials, human resource management systems to manage the labor force, and an accounting system to keep track of revenues and costs.

SubQuestion No : 46

According to the passage, the role of a manager includes all of the following, except :

  1. ((a))

    Stacking stones for the pyramids

  2. ((b))

    Planning what is to be done

  3. ((c))

    Organising people for the pyramids site

  4. ((d))

    Directing the pyramid work force

Show Answer
Answer: ((a))

Stacking stones for the pyramids

47

Comprehension:

Read the following passage and answer the questions :

Organized endeavors directed by people responsible for planning, organizing, leading and controlling activities have existed for thousands of years. The Egyptian pyramids and the Great Wall of China, for instance, are tangible evidence that projects of tremendous scope, employing tens of thousands of people, were undertaken well before modern times. The pyramids are a particularly interesting example. The construction of a single pyramid occupied more than 100,000 workers for 20 years. Who told each worker what to do ? Who ensured that there would be enough stones at the site to keep workers busy ? The answer to such questions is managers. Regardless of what managers were called at the time, someone had to plan what was to be done, organize people and materials to do it, lead and direct the workers, and impose some controls to ensure that everything was done as planned.

Another example of early management can be seen during the 1400s in the city of Venice, Italy, a major economic and trade center. The Venetians developed an early form of business enterprise and engaged in many activities common to today's organizations. For instance, at the arsenal of Venice, warships were floated along the canals, and at each stop materials and riggings were added to the ship. Doesn't that sound a lot like a car "floating" along an automobile assembly line while components are added to it ? In addition to this assembly line, the Venetians also used warehouse and inventory systems to keep track of materials, human resource management systems to manage the labor force, and an accounting system to keep track of revenues and costs.

SubQuestion No : 47

According to the passage, persons responsible for the control, organisation and planning have been directing organised endeavors :

  1. ((a))

    Since 1400's

  2. ((b))

    For 100,000 years

  3. ((c))

    For Twenty years

  4. ((d))

    For Thousands of years

Show Answer
Answer: ((a))

Since 1400's

48

Comprehension:

Read the following passage and answer the questions :

Organized endeavors directed by people responsible for planning, organizing, leading and controlling activities have existed for thousands of years. The Egyptian pyramids and the Great Wall of China, for instance, are tangible evidence that projects of tremendous scope, employing tens of thousands of people, were undertaken well before modern times. The pyramids are a particularly interesting example. The construction of a single pyramid occupied more than 100,000 workers for 20 years. Who told each worker what to do ? Who ensured that there would be enough stones at the site to keep workers busy ? The answer to such questions is managers. Regardless of what managers were called at the time, someone had to plan what was to be done, organize people and materials to do it, lead and direct the workers, and impose some controls to ensure that everything was done as planned.

Another example of early management can be seen during the 1400s in the city of Venice, Italy, a major economic and trade center. The Venetians developed an early form of business enterprise and engaged in many activities common to today's organizations. For instance, at the arsenal of Venice, warships were floated along the canals, and at each stop materials and riggings were added to the ship. Doesn't that sound a lot like a car "floating" along an automobile assembly line while components are added to it ? In addition to this assembly line, the Venetians also used warehouse and inventory systems to keep track of materials, human resource management systems to manage the labor force, and an accounting system to keep track of revenues and costs.

SubQuestion No : 48

According to the passage, the ancient equivalent of the assembly line was used in :

  1. ((a))

    Egypt

  2. ((b))

    China

  3. ((c))

    Venice

  4. ((d))

    Giza

Show Answer
Answer: ((a))

Egypt

49

Comprehension:

निम्नलिखित गद्यांश पढ़ें और प्रश्नों के उत्तर दीजिए :

कार्यों की योजना बनाने, संगठित करने, नेतृत्व करने और नियंत्रित करने के लिए जिम्मेदार लोगों द्वारा निर्देशित संगठित प्रयास हजारों वर्षों पहले से मौजूद हैं। उदाहरण के लिए मिस्र के पिरामिड और चीन की महान दीवार विशाल पैमाने की परियोजनाओं के मूर्त साक्ष्य हैं, इन परियोजनाओं में दस हजार लोगों को काम पर लगाया गया था और आधुनिक काल से बहुत पहले शुरू की गई थीं। पिरामिड विशेष रूप से रोचक उदाहरण है। एक पिरामिड का निर्माण करने के लिए 100,000 श्रमिकों ने 20 वर्ष तक कार्य किया। प्रत्येक श्रमिक को किसने बताया कि क्या करना है? किसने यह सुनिश्चित किया कि निर्माण स्थल पर पर्याप्त पत्थर होने चाहिए ताकि श्रमिक व्यस्त रहें? ऐसे प्रश्नों का उत्तर है- प्रबंधक। उस समय प्रबंधकों को किसी भी नाम से जाना जाता हो, लेकिन किसी ने यह योजना बनाई होगी कि क्या करना है, और इसे करने के लिए लोगों और सामग्री को संगठित किया होगा, श्रमिकों का नेतृत्व और मार्गदर्शन किया होगा, और यह सुनिश्चित करने के लिए कुछ नियंत्रण लागू किए होंगे कि हर काम योजनाबद्ध तरीके से हो।

आर्थिक प्रबंधन का एक अन्य उदाहरण इटली के वेनिस शहर में पंद्रहवीं शताब्दी के दौरान देखा जा सकता है, जो एक प्रमुख आर्थिक और व्यापारिक केंद्र था। वेनिस के निवासियों ने एक आर्थिक रूप का व्यवसाय उद्यम विकसित किया और वर्तमान संगठनों के समान अनेक कार्य किए। उदाहरण के लिए, वेनिस के शस्त्रागार में युद्धपोतों को नहरों में तैराया जाता था और प्रत्येक ठहराव पर पोत में सामग्री और साजो-सामान जोड़ा जाता था। क्या यह ऑटोमोबाइल असेंबली लाइन में कार 'फ्लोटिंग' के समान नहीं है, जब कार में पुर्जे जोड़े जाते हैं? वेनिस के निवासियों ने असेंबली लाइन के अतिरिक्त सामग्री पर नज़र रखने के लिए भंडार और मालसूची प्रणाली, श्रम बल का मार्गदर्शन करने के लिए मानव संसाधन प्रबंधन प्रणाली तथा राजस्व और लागत पर नज़र रखने के लिए लेखांकन प्रणाली का भी उपयोग किया।

SubQuestion No : 49

दिए गए गद्यांश से पाठक को यह जानकारी मिलती है कि :

  1. ((a))

    प्रबंधन एक नवीनतम रचना है।

  2. ((b))

    प्रबंधन की उपाधि प्राचीन काल से है।

  3. ((c))

    संगठित प्रयासों का मार्गदर्शन करने वाले लोग युगों से देखे जा सकते हैं।

  4. ((d))

    असेंबली लाइन प्रणाली चीन, मिस्र और इटली में प्रचलित थी।

Show Answer
Answer: ((a))

प्रबंधन एक नवीनतम रचना है।

50

Comprehension:

Read the following passage and answer the questions :

Organized endeavors directed by people responsible for planning, organizing, leading and controlling activities have existed for thousands of years. The Egyptian pyramids and the Great Wall of China, for instance, are tangible evidence that projects of tremendous scope, employing tens of thousands of people, were undertaken well before modern times. The pyramids are a particularly interesting example. The construction of a single pyramid occupied more than 100,000 workers for 20 years. Who told each worker what to do ? Who ensured that there would be enough stones at the site to keep workers busy ? The answer to such questions is managers. Regardless of what managers were called at the time, someone had to plan what was to be done, organize people and materials to do it, lead and direct the workers, and impose some controls to ensure that everything was done as planned.

Another example of early management can be seen during the 1400s in the city of Venice, Italy, a major economic and trade center. The Venetians developed an early form of business enterprise and engaged in many activities common to today's organizations. For instance, at the arsenal of Venice, warships were floated along the canals, and at each stop materials and riggings were added to the ship. Doesn't that sound a lot like a car "floating" along an automobile assembly line while components are added to it ? In addition to this assembly line, the Venetians also used warehouse and inventory systems to keep track of materials, human resource management systems to manage the labor force, and an accounting system to keep track of revenues and costs.

SubQuestion No : 50

The passage documents that Egyptians involved in the construction of pyramids had :

  1. ((a))

    An inventory system to keep record of the stones.

  2. ((b))

    A plan for what was to be done.

  3. ((c))

    An accounting system to keep the record of money.

  4. ((d))

    A warehouse system to manage materials.

Show Answer
Answer: ((a))

An inventory system to keep record of the stones.

Paper II (Subject) (100 questions)

51

Which of the following statements are correct for tax Evasion ? A. All methods by which tax liability is illegally avoided is termed as tax evasion B. Tax evasion takes into account loopholes of Law C. Tax evasion is tax dodging within framework of Law D. Tax evasion has legal sanction E. Tax evasion is intentional attempt to avoid payment of tax after the liability to tax has arisen Choose the correct answer from the options given below :

  1. ((a))

    B and D Only

  2. ((b))

    B, C and D Only

  3. ((c))

    A, E and C Only

  4. ((d))

    A and E Only

Show Answer
Answer: ((a))

B and D Only

52

Select the correct option from the followings. The Balance of payment (BoP) :

  1. ((a))

    Includes only exports and imports of goods and services.

  2. ((b))

    Is always balanced because every credit entry has a corresponding debit entry.

  3. ((c))

    Excludes unilateral transfers like remittance.

  4. ((d))

    Shows only the financial account of transactions.

Show Answer
Answer: ((a))

Includes only exports and imports of goods and services.

53

What are the GST rates applicable after 22nd September 2025 ? A. 5% B. 12% C. 18% D. 28% E. 40% Choose the correct answer from the options given below :

  1. ((a))

    A, B, C and D Only

  2. ((b))

    B, C, D and E Only

  3. ((c))

    A, C and E Only

  4. ((d))

    B, C and E Only

Show Answer
Answer: ((a))

A, B, C and D Only

54

Arrange the followings on the basis of Sections of Indian Contract Act, 1872 in ascending order : A. Agreement in restraint of Marriage B. Agreement made without consideration C. Agreement with unlawful objects or consideration D. Agreement in restraint of Trade E. Agreement by way of wager Choose the correct answer from the options given below :

  1. ((a))

    C, B, A, D, E

  2. ((b))

    C, A, D, B, E

  3. ((c))

    A, B, C, E, D

  4. ((d))

    D, B, A, C, E

Show Answer
Answer: ((a))

C, B, A, D, E

55

Which of the followings are the properties of Indifference Curve ? A. Indifference curve slopes downward to right B. Indifference curve is concave to origin C. Indifference curve is convex to origin D. Indifference curves cannot intersect each other but can be tangent to each other E. Higher indifference curve represents higher level of satisfaction Choose the correct answer from the options given below :

  1. ((a))

    A, B, D and E Only

  2. ((b))

    A, C, D and E Only

  3. ((c))

    A, C and E Only

  4. ((d))

    A, B, C and D Only

Show Answer
Answer: ((a))

A, B, D and E Only

56

For assessment year 2025-26, 'Health and Education Cess' shall be levied at the rate of :

  1. ((a))

    1% on Income Tax

  2. ((b))

    2% on Income Tax

  3. ((c))

    3% on Income Tax

  4. ((d))

    4% on Income Tax

Show Answer
Answer: ((a))

1% on Income Tax

57

Where a company incurs any expenditure (not being expenditure in the nature of cost of any land or building) on any notified skill development project, then such company can claim as deduction under section 35CCD :

  1. ((a))

    Only 25% of such expenditure

  2. ((b))

    Only 50% of such expenditure

  3. ((c))

    Only 75% of such expenditure

  4. ((d))

    100% of such expenditure

Show Answer
Answer: ((a))

Only 25% of such expenditure

58

Which one of the followings are not the Objectives of HRM ?

  1. ((a))

    Societal Objectives

  2. ((b))

    Organizational Objectives

  3. ((c))

    Functional Objectives

  4. ((d))

    Group Objectives

Show Answer
Answer: ((a))

Societal Objectives

59

Charge collected from the investors by a Mutual Fund Scheme when it sells its units to investors is called :

  1. ((a))

    Exit Load

  2. ((b))

    Entry Load

  3. ((c))

    Switch

  4. ((d))

    Sale Price

Show Answer
Answer: ((a))

Exit Load

60

Given below are two statements : one is labelled as Assertion (A) and the other is labelled as Reason (R). Assertion (A) : The minimum level of service the customer expects represents the threshold level of expectations. Reason (R) : The gap between the desired and adequate service has been called as the zone of intolerance. In the light of the above statements, choose the most appropriate answer from the options given below :

  1. ((a))

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

  2. ((b))

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

  3. ((c))

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

  4. ((d))

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

Show Answer
Answer: ((a))

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

61

Which of the followings are the techniques of Monetary Control adopted by RBI? A. Loans and Advances to the Industries B. Cash Reserve Ratio C. Open Market Operations D. Statutory Liquidity Ratio E. Repo Rates Choose the correct answer from the options given below :

  1. ((a))

    A, B, C, D Only

  2. ((b))

    A, B, D, E Only

  3. ((c))

    B, C, D, E Only

  4. ((d))

    A, C, D, E Only

Show Answer
Answer: ((a))

A, B, C, D Only

62

Arrange the following steps of Personal Selling in sequence: A. Pre approach B. Presentation and Demonstration C. Approach D. Prospecting and Qualifying E. Handling Objections Choose the correct answer from the options given below :

  1. ((a))

    A, D, C, E, B

  2. ((b))

    A, C, D, E, B

  3. ((c))

    C, A, D, B, E

  4. ((d))

    D, A, C, B, E

Show Answer
Answer: ((a))

A, D, C, E, B

63

Which one of the followings is not a category under Balance of Payments?

  1. ((a))

    Current Account

  2. ((b))

    Capital Account

  3. ((c))

    Drawings Account

  4. ((d))

    Official Reserve Account

Show Answer
Answer: ((a))

Current Account

64

Arrange the following steps of Capital Budgeting Process in correct order : A. Preliminary Screening Process B. Project Generation C. Detailed Project Evaluation D. Control of Capital Expenditure E. Project Selection and its implementation Choose the correct answer from the options given below :

  1. ((a))

    A, B, C, D, E

  2. ((b))

    B, A, C, E, D

  3. ((c))

    A, B, C, E, D

  4. ((d))

    B, A, C, D, E

Show Answer
Answer: ((a))

A, B, C, D, E

65

Given below are two statements : one is labelled as Assertion (A) and the other is labelled as Reason (R). Assertion (A) : Heckscher and Ohlin developed a theory to explain the reasons for differences in relative commodity prices and competitive advantages between two nations. According to this theory, a nation will export the commodity whose production requires intensive use of nation's relatively abundant and cheap factors and import the commodity whose production requires intensive use of the nation's scarce and expensive factors. Reason (R) : Thus, a country with an abundance of cheap labour would import labour intensive products and export capital intensive goods and vice-versa. In the light of the above statements, choose the most appropriate answer from the options given below :

  1. ((a))

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

  2. ((b))

    Both (A) and (R) are correct but (R) is NOT the correct explanation of (A)

  3. ((c))

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

  4. ((d))

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

Show Answer
Answer: ((a))

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

66

Which one of the followings is not a type of conflict?

  1. ((a))

    Task Conflict

  2. ((b))

    Relationship Conflict

  3. ((c))

    Process Conflict

  4. ((d))

    Product Conflict

Show Answer
Answer: ((a))

Task Conflict

67

Which statement best captures the difference between FDI and FPI?

  1. ((a))

    FDI is investment with lasting interest and managerial control; FPI is passive investment without control.

  2. ((b))

    FDI involves only equity investment; FPI involves both equity and debt security.

  3. ((c))

    FDI is recorded in current account; FPI is recorded in capital account.

  4. ((d))

    Both FDI and FPI give investors voting rights in the host country.

Show Answer
Answer: ((a))

FDI is investment with lasting interest and managerial control; FPI is passive investment without control.

68

An empirical test was carried out in 1951 on Heckscher Ohlin model to find out whether or not the US, which has abundant capital resources, exports capital intensive goods and imports labour intensive goods. But, it was found that the US exported more labour -intensive commodities and imported more capital intensive products, which was contrary to the result of Heckscher - Ohlin model. Who has conducted the test?

  1. ((a))

    Staffan B Linder

  2. ((b))

    David Ricardo

  3. ((c))

    J. B. Say

  4. ((d))

    Wassily Leontief

Show Answer
Answer: ((a))

Staffan B Linder

69

Given below are two statements : one is labelled as Assertion (A) and the other is labelled as Reason (R). Assertion (A) : Section 91 provides for grant of unilateral relief in the case of resident taxpayers on income which has been taxed in India as well as in the country with which there is no Double Taxation Avoidance Agreement. Reason (R) : The relief under section 91 is granted by allowing to the tax payer a deduction from tax liability of an amount equal to the tax calculated at the average Indian rate of tax or the amount of tax calculated at the rate of tax of that other country on the doubly taxed income, whichever is higher. In the light of the above statements, choose the most appropriate answer from the options given below :

  1. ((a))

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

  2. ((b))

    Both (A) and (R) are correct but (R) is NOT the correct explanation of (A)

  3. ((c))

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

  4. ((d))

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

Show Answer
Answer: ((a))

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

70

Given below are two statements : one is labelled as Assertion (A) and the other is labelled as Reason (R). Assertion (A) : The skimming price policy is adopted where close substitute of a new product are not available. Reason (R) : This policy requires fixing a lower initial price designed to penetrate the market as quickly as possible and is intended to maximize the profit in the long run. In the light of the above statements, choose the most appropriate answer from the options given below :

  1. ((a))

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

  2. ((b))

    Both (A) and (R) are correct but (R) is NOT the correct explanation of (A)

  3. ((c))

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

  4. ((d))

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

Show Answer
Answer: ((a))

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

71

Arrange the following in ascending order of sections of Income Tax Act related to permissible deduction from Gross Total Income : A. Deduction in respect of Medical Insurance Premia B. Deduction in respect of Royalty Income of Author C. Deduction in respect of Payment of Interest on Loan taken for Higher Education D. Deduction in respect of Interest on Deposits in Saving Accounts E. Deduction in respect of Donations to Certain Funds, charitable Institutions, etc. Choose the correct answer from the options given below :

  1. ((a))

    A, B, C, D, E

  2. ((b))

    E, D, C, B, A

  3. ((c))

    A, C, E, B, D

  4. ((d))

    A, C, E, B, D

Show Answer
Answer: ((a))

A, B, C, D, E

72

Match List - I with List - II.

List - I (Tax Deducted at Source)List - II (Sections of Income Tax Act)
A. Deduction of Tax at Source on Fees for Professional or Technical ServicesI. Section 194A
B. Deduction of Tax at Source from Payment of life Insurance PolicyII. Section 194B
C. Deduction of Tax at Source from Winnings from Lotteries or Crossword PuzzlesIII. Section 194DA
D. Deduction of Tax at Source from Interest other than Interest on SecuritiesIV. Section 194J

Choose the correct answer from the options given below :

  1. ((a))

    A-I, B-II, C-III, D-IV

  2. ((b))

    A-IV, B-III, C-II, D-I

  3. ((c))

    A-I, B-II, C-IV, D-III

  4. ((d))

    A-II, B-I, C-III, D-IV

Show Answer
Answer: ((a))

A-I, B-II, C-III, D-IV

73

The Break Even point expressed in amount of sales in rupees of X Ltd having selling Price of ₹ 20 per unit, variable cost of ₹ 14 per unit and fixed cost of ₹ 7,92,000 is :

  1. ((a))

    ₹ 11,28,571

  2. ((b))

    ₹ 13,20,000

  3. ((c))

    ₹ 39,600

  4. ((d))

    ₹ 26,40,000

Show Answer
Answer: ((a))

₹ 11,28,571

74

The right of the insurer to stand in the place of insured after the settlement of a claim and it gives the insurer right to recover from an alternative source, the principle involved in this case is called :

  1. ((a))

    Principle of Insurable Interest

  2. ((b))

    Principle of Subrogation

  3. ((c))

    Principle of Causa Proxima

  4. ((d))

    Principle of Contribution

Show Answer
Answer: ((a))

Principle of Insurable Interest

75

Which of the followings are the myths about Rural Market ? A. All Villages are equally populated B. Rural Consumers are a heterogeneous lot C. Being illiterate, rural consumer is not able to discriminate between products and brands D. Only low priced products will sell in rural India E. Rural markets are the consumer durable markets Choose the correct answer from the options given below :

  1. ((a))

    A, B, C and D Only

  2. ((b))

    A, C and D Only

  3. ((c))

    C, D and E Only

  4. ((d))

    B, C, D and E Only

Show Answer
Answer: ((a))

A, B, C and D Only

76

Given below are two statements : one is labelled as Assertion (A) and the other is labelled as Reason (R). Assertion (A) : New Issue of Capital is costlier than Retained Earnings. Reason (R) : The cost of Retained Earnings is the return foregone by the shareholders on the dividend income. In the light of the above statements, choose the most appropriate answer from the options given below :

  1. ((a))

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

  2. ((b))

    Both (A) and (R) are correct but (R) is NOT the correct explanation of (A)

  3. ((c))

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

  4. ((d))

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

Show Answer
Answer: ((a))

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

77

Match List - I with List - II.

List - IList - II
A. Operating LeverageI. Contribution/EBT
B. Combined LeverageII. Contribution/EBIT
C. Earning Per ShareIII. EBIT/EBT
D. Financial LeverageIV. EAT/No. of Equity Shares

Choose the correct answer from the options given below :

  1. ((a))

    A-I, B-II, C-IV, D-III

  2. ((b))

    A-II, B-I, C-IV, D-III

  3. ((c))

    A-II, B-I, C-III, D-IV

  4. ((d))

    A-I, B-II, C-III, D-IV

Show Answer
Answer: ((a))

A-I, B-II, C-IV, D-III

78

Which one of the followings is not a type of organizational culture ?

  1. ((a))

    Non-Entrepreneurial Culture

  2. ((b))

    Power Culture

  3. ((c))

    Role Culture

  4. ((d))

    Task Culture

Show Answer
Answer: ((a))

Non-Entrepreneurial Culture

79

Which one of the followings is not a component of formal (organized) financial system ?

  1. ((a))

    Financial Markets

  2. ((b))

    Financial Instruments

  3. ((c))

    Chit-fund Companies

  4. ((d))

    Financial Services

Show Answer
Answer: ((a))

Financial Markets

80

Match List - I with List - II.

List - IList - II
A. Probable Error of Correlation CoefficientI. Explained Variation / Total Variation
B. Standard Error of Correlation CoefficientII. Unexplained Variation / Total Variation
C. Coefficient of DeterminationIII. (1 - r²) / √n
D. Coefficient of AlienationIV. 0.6745 [ (1 - r²) / √n ]

Choose the correct answer from the options given below :

  1. ((a))

    A-I, B-II, C-III, D-IV

  2. ((b))

    A-IV, B-III, C-II, D-I

  3. ((c))

    A-III, B-IV, C-I, D-II

  4. ((d))

    A-IV, B-III, C-I, D-II

Show Answer
Answer: ((a))

A-I, B-II, C-III, D-IV

81

Match List - I with List - II.

List - I (Ind AS)List - II (Subject)
A. Ind AS 7I. Impairment of Assets
B. Ind AS 24II. Related Party Disclosures
C. Ind AS 36III. Consolidated Financial Statement
D. Ind AS 110IV. Statement of Cash Flows

Choose the correct answer from the options given below :

  1. ((a))

    A-I, B-II, C-III, D-IV

  2. ((b))

    A-IV, B-II, C-I, D-III

  3. ((c))

    A-III, B-IV, C-I, D-II

  4. ((d))

    A-IV, B-III, C-II, D-I

Show Answer
Answer: ((b))

A-IV, B-II, C-I, D-III

82

Arrange the following in descending order on the basis of number of sellers in the Market. A. Duopoly B. Oligopoly C. Monopolistic Competition D. Perfect Competition Choose the correct answer from the options given below :

  1. ((a))

    D, C, B, A

  2. ((b))

    B, A, C, D

  3. ((c))

    A, B, C, D

  4. ((d))

    B, D, A, C

Show Answer
Answer: ((a))

D, C, B, A

83

Which of the followings is/are the part of external environment (macro) of Business ? A. Customers B. Economic factors C. Natural factors D. Marketing Intermediaries E. Competitors Choose the correct answer from the options given below :

  1. ((a))

    B and D Only

  2. ((b))

    B and C Only

  3. ((c))

    A, B, C and D Only

  4. ((d))

    B, C, D and E Only

Show Answer
Answer: ((b))

B and C Only

84

Arrange the followings in the correct sequence in which they are computed for determining Net Cash from operating activities as per AS-3 (Revised) : A. Operating profit before Working Capital Changes B. Cash flow before extra ordinary items C. Cash generated from operations D. Net Profit before taxation and extra ordinary items Choose the correct answer from the options given below :

  1. ((a))

    A, B, C, D

  2. ((b))

    D, B, A, C

  3. ((c))

    C, D, B, A

  4. ((d))

    D, A, C, B

Show Answer
Answer: ((d))

D, A, C, B

85

Suppose a production function is given as Q = -L³ + 5L² + 10L Which law of production is revealed by this production function :

  1. ((a))

    Law of diminishing return

  2. ((b))

    Law of increasing return

  3. ((c))

    Law of constant return

  4. ((d))

    Law of return to scale

Show Answer
Answer: ((a))

Law of diminishing return

86

Arrange the following steps of process of consumer buying in proper sequence : A. Evaluation of Alternatives B. Search for Alternatives C. Need Recognitions D. Decision E. Development of Decision Criteria Choose the correct answer from the options given below :

  1. ((a))

    C, B, A, E, D

  2. ((b))

    C, A, B, E, D

  3. ((c))

    C, E, B, A, D

  4. ((d))

    B, A, C, E, D

Show Answer
Answer: ((c))

C, E, B, A, D

87

An infinite series of equal cash flow occurring at regular time interval is known as :

  1. ((a))

    An Annuity

  2. ((b))

    An Annuity Due

  3. ((c))

    Perpetuity

  4. ((d))

    Future Value

Show Answer
Answer: ((c))

Perpetuity

88

Match List - I with List - II.

List - IList - II
A. Occurs when a true null hypothesis is rejectedI. Type II Error
B. Occurs when false null hypothesis does not get rejectedII. Type I Error
C. Used for data from interval or ratio scalesIII. Nonparametric Tests
D. Used to test hypotheses with nominal and ordinal dataIV. Parametric Tests

Choose the correct answer from the options given below :

  1. ((a))

    A-I, B-II, C-III, D-IV

  2. ((b))

    A-I, B-II, C-IV, D-III

  3. ((c))

    A-II, B-I, C-IV, D-III

  4. ((d))

    A-II, B-I, C-III, D-IV

Show Answer
Answer: ((c))

A-II, B-I, C-IV, D-III

89

Which one of the followings is not a method of New Issues ?

  1. ((a))

    Public Issue through Prospectus

  2. ((b))

    Right Issue

  3. ((c))

    Bonus Issue

  4. ((d))

    Book Building

Show Answer
Answer: ((c))

Bonus Issue

90

If demand equation is given by D = 10,000 - P and the supply equation is given by S = 1000 + 4P, the equilibrium price would be

  1. ((a))

    1600

  2. ((b))

    1800

  3. ((c))

    1700

  4. ((d))

    2000

Show Answer
Answer: ((b))

1800

91

Which of the following statements is incorrect for Amalgamation in the nature of merger ? (1) All assets and liabilities of the transferor company taken over by the transferee company (2) Shareholders of the transferor company need not become equity shareholders of the transferee company (3) Payment of purchase consideration is made in cash only for fractional shares, if any. (4) The business of Transferor Company is intended to be carried on, after amalgamation, by the transferee company

  1. ((a))

    All assets and liabilities of the transferor company taken over by the transferee company

  2. ((b))

    Shareholders of the transferor company need not become equity shareholders of the transferee company

  3. ((c))

    Payment of purchase consideration is made in cash only for fractional shares, if any.

  4. ((d))

    The business of Transferor Company is intended to be carried on, after amalgamation, by the transferee company

Show Answer
Answer: ((b))

Shareholders of the transferor company need not become equity shareholders of the transferee company

92

Process of ensuring access to appropriate financial products and services needed by all sections of the society in general and vulnerable group such as weaker sections and low-income groups in particular at an affordable cost in a fair and transparent manner by mainstream institutional players is referred to as : (1) Financial Integration (2) Financial Instability (3) Financial Inclusion (4) Monetary Instability

  1. ((a))

    Financial Integration

  2. ((b))

    Financial Instability

  3. ((c))

    Financial Inclusion

  4. ((d))

    Monetary Instability

Show Answer
Answer: ((c))

Financial Inclusion

93

Mr. A, a resident in India, aged 60 years, earned agricultural income of ₹ 5,00,000 and non-agricultural income of ₹ 3,80,000 for assessment year 2025-26. The tax liability of Mr. A assuming that he does not opt to be taxed under the old tax regime is : (1) ₹ 38,000 (2) ₹ 3,640 (3) ₹ 8,000 (4) Nil

  1. ((a))

    ₹ 38,000

  2. ((b))

    ₹ 3,640

  3. ((c))

    ₹ 8,000

  4. ((d))

    Nil

Show Answer
Answer: ((d))

Nil

94

What will be the value of AR, if elasticity of demand is unit elastic and the value of MR is 5 ? (1) 2.5 (2) 5 (3) 1 (4) 10

  1. ((a))

    2.5

  2. ((b))

    5

  3. ((c))

    1

  4. ((d))

    10

Show Answer
Answer: ((a))

2.5

95

Arrange the following steps of Sampling Design Process in correct order : A. Determine the sample size B. Select a sampling technique C. Selection of sampling frame D. Target Population definitions Choose the correct answer from the options given below :

  1. ((a))

    A, B, C, D

  2. ((b))

    D, C, B, A

  3. ((c))

    C, D, B, A

  4. ((d))

    B, D, C, A

Show Answer
Answer: ((b))

D, C, B, A

96

Arrange the following steps of Selection Process in correct order : A. Selection Tests B. Reference and Background Analysis C. Preliminary Interview D. Employment Interview E. Job Offer Choose the correct answer from the options given below :

  1. ((a))

    A, B, C, D, E

  2. ((b))

    C, A, B, D, E

  3. ((c))

    C, A, D, B, E

  4. ((d))

    A, C, B, D, E

Show Answer
Answer: ((c))

C, A, D, B, E

97

Which of the followings are the types of decentralisation in an organisation ? A. Profit Centres B. Service Centres C. Cost Centres D. Investment Centres Choose the correct answer from the options given below :

  1. ((a))

    A, B and C Only

  2. ((b))

    A, C and D Only

  3. ((c))

    A, B and D Only

  4. ((d))

    B, C and D Only

Show Answer
Answer: ((b))

A, C and D Only

98

Arrange the following committees as per their year of formation in ascending order : A. Narsimham Committee - I B. Padmanabhan Committee C. Verma Committee D. Saraf Committee E. Rashid Jilani Committee Choose the correct answer from the options given below :

  1. ((a))

    A, B, C, D, E

  2. ((b))

    A, E, D, B, C

  3. ((c))

    A, E, B, D, C

  4. ((d))

    A, D, E, B, C

Show Answer
Answer: ((d))

A, D, E, B, C

99

Arrange the following institutions as per their year of establishment in ascending order : A. NAFTA B. EU C. ASEAN D. UNCTAD Choose the correct answer from the options given below :

  1. ((a))

    A, B, C, D

  2. ((b))

    D, A, C, B

  3. ((c))

    B, D, C, A

  4. ((d))

    D, C, B, A

Show Answer
Answer: ((d))

D, C, B, A

100

Match List - I with List - II.

List - IList - II
A. Standard Deduction under Section 16(ia)I. Income under the head Capital Gains
B. Standard Deduction under Section 24II. Income under the head Profits and Gains of Business or Profession
C. Depreciation Allowance under Section 32III. Income Under the Head House Property
D. Exemption Under Section 54 for Profit on transfer of house property used for residenceIV. Income Under the Head Salaries

Choose the correct answer from the options given below :

  1. ((a))

    A-I, B-II, C-III, D-IV

  2. ((b))

    A-IV, B-III, C-II, D-I

  3. ((c))

    A-III, B-IV, C-II, D-I

  4. ((d))

    A-III, B-IV, C-I, D-II

Show Answer
Answer: ((b))

A-IV, B-III, C-II, D-I

101

India's participation in SAARC and ASEAN trade pacts primarily reflects which level of Regional Economic Integration ?

  1. ((a))

    Customs Union

  2. ((b))

    Free Trade Area

  3. ((c))

    Economic Union

  4. ((d))

    Common Market

Show Answer
Answer: ((a))

Customs Union

102

Which of the followings is not a core function of WTO ?

  1. ((a))

    Providing a forum for trade negotiation

  2. ((b))

    Administering agreement such as GATS, TRIPS and TRIMS

  3. ((c))

    Monitoring trade policies

  4. ((d))

    Providing Concessional loans and financial aid to developing countries

Show Answer
Answer: ((a))

Providing a forum for trade negotiation

103

Non-receipt of dividend by Investors is categorised in which type of complaints received by the SEBI ?

  1. ((a))

    Type I

  2. ((b))

    Type II

  3. ((c))

    Type III

  4. ((d))

    Type IV

Show Answer
Answer: ((a))

Type I

104

Which of the following statements are incorrect ? A. Management audit is not compulsory under any law. B. Vouching is concerned only with items of balance sheet. C. Section 148 of the Companies Act, 2013 has made Cost Audit mandatory for some limited companies D. The object of vouching is to satisfy the auditor as to existence, ownership, possession, completeness, valuation and disclosure of items mentioned in the Balance Sheet. E. Independent financial audit has been made compulsory for many entities established under respective Acts. Choose the correct answer from the options given below :

  1. ((a))

    B, C and E Only

  2. ((b))

    A, B and C Only

  3. ((c))

    B and D Only

  4. ((d))

    A, C and E Only

Show Answer
Answer: ((a))

B, C and E Only

105

Match List - I with List - II.

List - I (Human Resource Valuation Approaches)List - II (Propounders)
A. Historical Cost approachI. Brummet, Flamholtz and Pyle
B. Opportunity Cost approachII. Hekimian and Jones
C. Standard Cost ApproachIII. David Watson
D. Present Value of Future Earning ModelIV. Lev and Schwartz

Choose the correct answer from the options given below :

  1. ((a))

    A-I, B-II, C-III, D-IV

  2. ((b))

    A-II, B-I, C-IV, D-III

  3. ((c))

    A-III, B-IV, C-I, D-II

  4. ((d))

    A-IV, B-III, C-I, D-II

Show Answer
Answer: ((a))

A-I, B-II, C-III, D-IV

106

Match List - I with List - II.

List - IList - II
A. Greenfield InvestmentI. Direct Investment overseas aimed to sell the output of a firm's domestic production process
B. Foreign Portfolio InvestmentII. Overseas investment to acquire existing facilities
C. Forward Vertical FDIIII. Overseas investment to create new facilities from the ground up
D. Brownfield InvestmentIV. Investment in foreign financial instruments such as foreign stock, government bonds etc.

Choose the correct answer from the options given below :

  1. ((a))

    A-III, B-IV, C-II, D-I

  2. ((b))

    A-I, B-II, C-III, D-IV

  3. ((c))

    A-IV, B-III, C-I, D-II

  4. ((d))

    A-III, B-IV, C-I, D-II

Show Answer
Answer: ((a))

A-III, B-IV, C-II, D-I

107

Which of the following sections of research reports contains Executive Summary ?

  1. ((a))

    Prefatory Information

  2. ((b))

    Introductory Information

  3. ((c))

    Main Research Body

  4. ((d))

    Supplementary Information

Show Answer
Answer: ((a))

Prefatory Information

108

Which one of the followings is not a type of Organisation charts ?

  1. ((a))

    Vertical Chart

  2. ((b))

    Circular Chart

  3. ((c))

    Diagonal Chart

  4. ((d))

    Horizontal Chart

Show Answer
Answer: ((a))

Vertical Chart

109

Match List - I with List - II.

List - IList - II
A. Making provision for bad and doubtful debts and for discount on debtorsI. Cost Concept
B. Expenses should be recognised in the period in which associated revenue is recognisedII. Going Concern
C. Assets are not shown at their current realisable valueIII. Matching Concept
D. Internally generated goodwill is not recorded in the books of accountIV. Conservatism

Choose the correct answer from the options given below :

  1. ((a))

    A-I, B-II, C-III, D-IV

  2. ((b))

    A-IV, B-III, C-II, D-I

  3. ((c))

    A-IV, B-I, C-III, D-II

  4. ((d))

    A-II, B-I, C-IV, D-III

Show Answer
Answer: ((a))

A-I, B-II, C-III, D-IV

110

Arrange the following Acts in ascending order as per their year of enactment : A. RTI (Rights to Information Act) B. Competitions Act C. Information Technology Act D. Negotiable Instrument Act E. Indian Contract Act Choose the correct answer from the options given below :

  1. ((a))

    E, D, C, B, A

  2. ((b))

    A, B, C, D, E

  3. ((c))

    A, B, E, D, C

  4. ((d))

    E, D, C, A, B

Show Answer
Answer: ((a))

E, D, C, B, A

111

Karl Pearson's Coefficient of Skewness for a distribution having mean of 6.82, median of 6.8 and standard Deviation of 1.4 is :

  1. ((a))

    0.014

  2. ((b))

    0.028

  3. ((c))

    0.043

  4. ((d))

    0.056

Show Answer
Answer: ((a))

0.014

112

Match List - I with List - II.

List - IList - II
A. Doctrine of Caveat EmptorI. Special Contract
B. Bailment and PledgeII. Limited Liability Partnership
C. Holder in due CourseIII. Sales of Goods Act
D. DPINIV. Negotiable Instrument

Choose the correct answer from the options given below :

  1. ((a))

    A-IV, B-I, C-II, D-III

  2. ((b))

    A-I, B-II, C-IV, D-III

  3. ((c))

    A-II, B-I, C-III, D-IV

  4. ((d))

    A-III, B-I, C-IV, D-II

Show Answer
Answer: ((a))

A-IV, B-I, C-II, D-III

113

Given below are two statements : one is labelled as Assertion (A) and the other is labelled as Reason (R). Assertion (A) : An effective appraisal system can contribute to competitive advantage by improving employee job performance. Reason (R) : One serious challenge facing the performance appraisal relates to assessment of self-managed teams. In the light of the above statements, choose the most appropriate answer from the options given below :

  1. ((a))

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

  2. ((b))

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

  3. ((c))

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

  4. ((d))

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

Show Answer
Answer: ((a))

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

114

A, B and C were partners in a firm sharing profits and losses in the ratio of 4 : 3 : 2. A died on September 15, 2025. At that time, the capitals of B and C after all the adjustments were ₹ 3,56,000 and ₹ 2,44,000 respectively. B and C decided to adjust their capitals according to their new profit sharing ratio by opening current accounts. The new capital of B is :

  1. ((a))

    ₹ 1,33,333

  2. ((b))

    ₹ 2,00,000

  3. ((c))

    ₹ 2,40,000

  4. ((d))

    ₹ 3,60,000

Show Answer
Answer: ((a))

₹ 1,33,333

115

If the first quartile is 48 and quartile deviation is 6, the value of median assuming the distribution to be symmetrical is :

  1. ((a))

    50

  2. ((b))

    52

  3. ((c))

    54

  4. ((d))

    56

Show Answer
Answer: ((a))

50

116

Match List - I with List - II.

List - IList - II
A. Highest ReachI. Publicity
B. Most PersuasiveII. Advertising
C. Immediate Effect on SalesIII. Personal Selling
D. No Cost InvolvedIV. Sales Promotion

Choose the correct answer from the options given below :

  1. ((a))

    A-I, B-II, C-III, D-IV

  2. ((b))

    A-II, B-I, C-III, D-IV

  3. ((c))

    A-II, B-III, C-IV, D-I

  4. ((d))

    A-IV, B-I, C-II, D-III

Show Answer
Answer: ((a))

A-I, B-II, C-III, D-IV

117

Arrange the following steps of Control Process in the correct order : A. Measurement of Actual Performance B. Establishment of Standards C. Corrective action where required D. Comparison of actual performance with the standards Choose the correct answer from the options given below :

  1. ((a))

    B, A, C, D

  2. ((b))

    B, A, D, C

  3. ((c))

    A, B, C, D

  4. ((d))

    A, B, D, C

Show Answer
Answer: ((a))

B, A, C, D

118

An assessee who declares his business/professional income in accordance with the provisions of Section 44 AD(1) or Section 44 ADA(1), must pay up to 100 percent of advance tax payable on or before :

  1. ((a))

    December 15 of the previous year

  2. ((b))

    January 15 of the previous year

  3. ((c))

    February 15 of the previous year

  4. ((d))

    March 15 of the previous year

Show Answer
Answer: ((a))

December 15 of the previous year

119

Given below are two statements : one is labelled as Assertion (A) and the other is labelled as Reason (R). Assertion (A) : Filter questions in questionnaire measure the familiarity of the respondents with the topic of research. Reason (R) : Questions that try to capture multiple information at once are referred to as leading questions. In the light of the above statements, choose the most appropriate answer from the options given below :

  1. ((a))

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

  2. ((b))

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

  3. ((c))

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

  4. ((d))

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

Show Answer
Answer: ((a))

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

120

According to Walter's Model of Dividend, market value of the share of a declining firm (having r < ke) will be maximum at :

  1. ((a))

    0% Dividend Payout

  2. ((b))

    100% Dividend Payout

  3. ((c))

    50% Dividend Payout

  4. ((d))

    75% Dividend Payout

Show Answer
Answer: ((a))

0% Dividend Payout

121

Which one of the followings is not an external technique of Foreign Exchange Risk Management ?

  1. ((a))

    Forward Contracts

  2. ((b))

    Currency Futures

  3. ((c))

    Netting

  4. ((d))

    Swaps

Show Answer
Answer: ((c))

Netting

122

Under which of the following, a firm well publicized changes in price and price changes are generally followed by the rival firms. This kind of price leadership may not necessarily come from the largest firm of the industry.

  1. ((a))

    Biometric Price Leadership

  2. ((b))

    Barometric Price Leadership

  3. ((c))

    Price Leadership by low cost firm

  4. ((d))

    Price Leadership by dominant firm

Show Answer
Answer: ((b))

Barometric Price Leadership

123

Arrange the following types of motivating needs as identified by Maslow in ascending order : A. Physiological Needs B. Social Needs C. Self-actualization Needs D. Safety Needs E. Esteem Needs Choose the correct answer from the options given below :

  1. ((a))

    A, D, B, C, E

  2. ((b))

    A, D, B, E, C

  3. ((c))

    A, B, D, E, C

  4. ((d))

    A, B, C, D, E

Show Answer
Answer: ((b))

A, D, B, E, C

124

Arrange the following steps of research process in correct order : A. Developing an approach to the problem B. Problem definition C. Data Collection, Preparation and analysis D. Research design formulation E. Report writing and presentation Choose the correct answer from the options given below :

  1. ((a))

    A, B, C, D, E

  2. ((b))

    B, A, D, C, E

  3. ((c))

    D, B, A, E, C

  4. ((d))

    A, B, D, E, C

Show Answer
Answer: ((b))

B, A, D, C, E

125

Given below are two statements : one is labelled as Assertion (A) and the other is labelled as Reason (R). Assertion (A) : RTGS system is a funds transfer mechanism where transfer of money takes place from one bank to another on a real time and on gross basis. Reason (R) : There is no minimum ceiling for the RTGS transactions. In the light of the above statements, choose the most appropriate answer from the options given below :

  1. ((a))

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

  2. ((b))

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

  3. ((c))

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

  4. ((d))

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

Show Answer
Answer: ((c))

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

126

Which of the following is a measure of relative risk and is calculated by dividing the standard deviation by its expected value ?

  1. ((a))

    Variance

  2. ((b))

    Coefficient of Variance

  3. ((c))

    Co-Variance

  4. ((d))

    Geometric Mean

Show Answer
Answer: ((b))

Coefficient of Variance

127

Which of the followings are properties of Normal Distribution ? A. The normal curve approaches the x-axis asymptotically as we proceed in either direction away from the mean. B. The normal curve has its points of inflection at x̄ ± 2σ C. Irrespective of the shape, the total area under the normal curve and above the horizontal axis is always equal to 1 D. About 68.27% of the total area under the normal curve is covered from μ - σ to μ + σ. E. The normal distribution is unimodal. Choose the correct answer from the options given below :

  1. ((a))

    A, B and E Only

  2. ((b))

    B, C and D Only

  3. ((c))

    C, D and E Only

  4. ((d))

    A, C, D and E Only

Show Answer
Answer: ((d))

A, C, D and E Only

128

Match List - I with List - II.

List - IList - II
A. Managerial GridI. Charles Bird
B. Hawthorne ExperimentsII. Alderfer
C. Trait TheoryIII. Blake and Mouton
D. ERG TheoryIV. Elton Mayo

Choose the correct answer from the options given below :

  1. ((a))

    A-I, B-II, C-III, D-IV

  2. ((b))

    A-III, B-IV, C-I, D-II

  3. ((c))

    A-I, B-III, C-II, D-IV

  4. ((d))

    A-III, B-IV, C-II, D-I

Show Answer
Answer: ((b))

A-III, B-IV, C-I, D-II

129

A possible cost of FDI to the host country is :

  1. ((a))

    Employment opportunities may increase in the short run but long run competitiveness will be reduced.

  2. ((b))

    Technology transfer always leads to dependency and no local innovation gets encouraged.

  3. ((c))

    Repatriation of profits may lead to capital outflows.

  4. ((d))

    FDI inflows always worsen the host country's BoP position.

Show Answer
Answer: ((c))

Repatriation of profits may lead to capital outflows.

130

The probability that a leap year selected at random contains either 53 Sundays or 53 Mondays is :

  1. ((a))

    1/7

  2. ((b))

    2/7

  3. ((c))

    3/7

  4. ((d))

    4/7

Show Answer
Answer: ((c))

3/7

131

Given below are two statements : one is labelled as Assertion (A) and the other is labelled as Reason (R). Assertion (A) : A gentlemen died leaving a young widow. The relatives of the deceased threatened the widow to adopt a boy otherwise they would not allow her to remove the dead body of her husband for cremation. The widow adopted the boy. Reason (R) : The widow subsequently cancelled the adoption. The court held her consent was not free due to coercion. In the light of the above statements, choose the most appropriate answer from the options given below :

  1. ((a))

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

  2. ((b))

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

  3. ((c))

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

  4. ((d))

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

Show Answer
Answer: ((a))

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

132

Match List - I with List - II.

List - I (Theories of Profit)List - II (Propounders)
A. Risk theory of ProfitI. Joseph A Schumpeter
B. Dynamic theory of ProfitII. F. A. Walker
C. Innovation theory of ProfitIII. F. B. Hawley
D. Profit as rent of abilityIV. J. B. Clark

Choose the correct answer from the options given below :

  1. ((a))

    A-III, B-IV, C-I, D-II

  2. ((b))

    A-III, B-IV, C-II, D-I

  3. ((c))

    A-II, B-III, C-I, D-IV

  4. ((d))

    A-IV, B-II, C-I, D-III

Show Answer
Answer: ((a))

A-III, B-IV, C-I, D-II

133

Which of the followings are the approaches of determining the financing mix for working capital : A. Matching Approach B. Conservative Approach C. Operating Cycle Approach D. Aggressive Approach Choose the correct answer from the options given below :

  1. ((a))

    B, C and D Only

  2. ((b))

    A, B and D Only

  3. ((c))

    A, C and D Only

  4. ((d))

    A, B and C Only

Show Answer
Answer: ((b))

A, B and D Only

134

Given below are two statements : one is labelled as Assertion (A) and the other is labelled as Reason (R). Assertion (A) : Minority interest is that part of the net assets of a subsidiary attributable to interest which is held by outsiders. Reason (R) : Minority interest should be presented in the consolidated balance sheet as a part of equity of the parent's shareholders. In the light of the above statements, choose the most appropriate answer from the options given below :

  1. ((a))

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

  2. ((b))

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

  3. ((c))

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

  4. ((d))

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

Show Answer
Answer: ((c))

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

135

Which of the following types of audit report is issued when the auditor concludes that the financial statements are prepared, in all material respects, in accordance with the applicable financial reporting framework ?

  1. ((a))

    Audit report with an 'emphasis of matter' paragraph

  2. ((b))

    Qualified report

  3. ((c))

    Disclaimer of opinion report

  4. ((d))

    Unmodified opinion report

Show Answer
Answer: ((d))

Unmodified opinion report

136

Match List - I with List - II.

List - IList - II
A. NPVI. Which equates the aggregate present value of the net cash inflows with the aggregate present value of cash outflows.
B. IRRII. Dividing the average annual profit after tax by average investment over the life of the project.
C. ARRIII. Summation of the present values of cash proceeds in each year minus the summation of the present values of the net cash outflow in each year.
D. PIIV. Dividing the present value of future cash inflow by the present value of cash outflow.

Choose the correct answer from the options given below :

  1. ((a))

    A-I, B-III, C-II, D-IV

  2. ((b))

    A-III, B-I, C-IV, D-II

  3. ((c))

    A-III, B-I, C-II, D-IV

  4. ((d))

    A-I, B-II, C-III, D-IV

Show Answer
Answer: ((c))

A-III, B-I, C-II, D-IV

137

Which of the followings is not valid for ordinal school of consumer preferences ?

  1. ((a))

    Consumer preferences can be plotted on an indifference curve

  2. ((b))

    Ranking of Utility is important

  3. ((c))

    Magnitude of Utility is important

  4. ((d))

    Utility is not additive

Show Answer
Answer: ((c))

Magnitude of Utility is important

138

Arm's length price as per section 92 F of the Income Tax Act is the price applied or proposed to be applied when :

  1. ((a))

    two related persons enter into a transaction in uncontrolled conditions.

  2. ((b))

    two unrelated persons enter into a transaction in controlled conditions.

  3. ((c))

    two related persons enter into a transaction in controlled conditions.

  4. ((d))

    two unrelated persons enter into a transaction in uncontrolled conditions.

Show Answer
Answer: ((d))

two unrelated persons enter into a transaction in uncontrolled conditions.

139

Match List - I with List - II.

List - IList - II
A. EXIM BankI. Advancing Credit for agriculture and other economic activities in rural area
B. NHBII. Financing Exports and Imports
C. IDBIIII. Promoting Housing Finance Institution
D. NABARDIV. Financing, Promoting and Developing industries

Choose the correct answer from the options given below :

  1. ((a))

    A-I, B-II, C-III, D-IV

  2. ((b))

    A-II, B-I, C-IV, D-III

  3. ((c))

    A-II, B-III, C-IV, D-I

  4. ((d))

    A-II, B-III, C-I, D-IV

Show Answer
Answer: ((c))

A-II, B-III, C-IV, D-I

140

Identify the correct equation of Cobb-Douglas production function :

  1. ((a))

    Q = A + LᵅKᵝ

  2. ((b))

    Q = A × LᵅKᵝ

  3. ((c))

    Q = A ÷ LᵅKᵝ

  4. ((d))

    Q = A - LᵅKᵝ

Show Answer
Answer: ((b))

Q = A × LᵅKᵝ

141

Read the following passage and answer the questions : An application was sent to registrar of companies to obtain the certificate of incorporation on 30 June 2024. One of the promotors, Raj, made the allotment of shares of the company on 28 June 2024. He also made a contract to buy a certain machinery from Pooja by representing himself as an agent of the company on 20 June 2024. Raj also signed the Memorandum of Association (MOA) of the company on behalf of all seven members to obtain the certificate of incorporation. Inspite of all these, the certificate of incorporation was issued in respect of ABC company but wrongly dated as 25 June 2024. After sometimes, it is also found that two of the members out of seven members named in MOA were minors. He also entered into a contract after the incorporation of company to buy a building from Prakash for Rs. 1,00,00,000 but before obtaining the certificate of commencement of business.

The certificate of incorporation of ABC is :

  1. ((a))

    Void as it is obtained by forged document

  2. ((b))

    Void as it is obtained by including minor promotors

  3. ((c))

    Valid, even if irregular, cannot be cancelled

  4. ((d))

    Valid, but from 30th June 2024 and not from 25th June

Show Answer
Answer: ((c))

Valid, even if irregular, cannot be cancelled

142

Read the following passage and answer the questions : An application was sent to registrar of companies to obtain the certificate of incorporation on 30 June 2024. One of the promotors, Raj, made the allotment of shares of the company on 28 June 2024. He also made a contract to buy a certain machinery from Pooja by representing himself as an agent of the company on 20 June 2024. Raj also signed the Memorandum of Association (MOA) of the company on behalf of all seven members to obtain the certificate of incorporation. Inspite of all these, the certificate of incorporation was issued in respect of ABC company but wrongly dated as 25 June 2024. After sometimes, it is also found that two of the members out of seven members named in MOA were minors. He also entered into a contract after the incorporation of company to buy a building from Prakash for Rs. 1,00,00,000 but before obtaining the certificate of commencement of business.

Which of the followings is correct ?

  1. ((a))

    Pooja can claim payment of machinery from the company as Raj acted on behalf of the company.

  2. ((b))

    Pooja can claim the payment from Raj, who will be personally liable as she is considering that it is a provisional contract.

  3. ((c))

    Raj will be personally liable as for all pre-incorporation contracts, promotors are personally liable.

  4. ((d))

    Raj will not be liable as the machinery was used by the company not by Raj for his personal benefits.

Show Answer
Answer: ((c))

Raj will be personally liable as for all pre-incorporation contracts, promotors are personally liable.

143

Read the following passage and answer the questions : An application was sent to registrar of companies to obtain the certificate of incorporation on 30 June 2024. One of the promotors, Raj, made the allotment of shares of the company on 28 June 2024. He also made a contract to buy a certain machinery from Pooja by representing himself as an agent of the company on 20 June 2024. Raj also signed the Memorandum of Association (MOA) of the company on behalf of all seven members to obtain the certificate of incorporation. Inspite of all these, the certificate of incorporation was issued in respect of ABC company but wrongly dated as 25 June 2024. After sometimes, it is also found that two of the members out of seven members named in MOA were minors. He also entered into a contract after the incorporation of company to buy a building from Prakash for Rs. 1,00,00,000 but before obtaining the certificate of commencement of business.

The allotment of shares was challenged as it was done before sending the application to the Registrar of Companies. Choose the correct answer :

  1. ((a))

    The allotment of shares is void as the certificate of incorporation is not valid

  2. ((b))

    The allotment of shares is valid as it is made after obtaining the certificate of incorporation

  3. ((c))

    The allotment of shares is void as application to obtain certificate was sent on 30th June

  4. ((d))

    The allotment of shares is void as the certificate was obtained by forged document

Show Answer
Answer: ((c))

The allotment of shares is void as application to obtain certificate was sent on 30th June

144

Read the following passage and answer the questions : An application was sent to registrar of companies to obtain the certificate of incorporation on 30 June 2024. One of the promotors, Raj, made the allotment of shares of the company on 28 June 2024. He also made a contract to buy a certain machinery from Pooja by representing himself as an agent of the company on 20 June 2024. Raj also signed the Memorandum of Association (MOA) of the company on behalf of all seven members to obtain the certificate of incorporation. Inspite of all these, the certificate of incorporation was issued in respect of ABC company but wrongly dated as 25 June 2024. After sometimes, it is also found that two of the members out of seven members named in MOA were minors. He also entered into a contract after the incorporation of company to buy a building from Prakash for Rs. 1,00,00,000 but before obtaining the certificate of commencement of business.

The contract to buy a building from Prakash for Rs. 1,00,00,000 will be called :

  1. ((a))

    Pre-incorporation Contract

  2. ((b))

    Provisional Contract

  3. ((c))

    Preliminary Contract

  4. ((d))

    Void Contract

Show Answer
Answer: ((b))

Provisional Contract

145

Read the following passage and answer the questions : An application was sent to registrar of companies to obtain the certificate of incorporation on 30 June 2024. One of the promotors, Raj, made the allotment of shares of the company on 28 June 2024. He also made a contract to buy a certain machinery from Pooja by representing himself as an agent of the company on 20 June 2024. Raj also signed the Memorandum of Association (MOA) of the company on behalf of all seven members to obtain the certificate of incorporation. Inspite of all these, the certificate of incorporation was issued in respect of ABC company but wrongly dated as 25 June 2024. After sometimes, it is also found that two of the members out of seven members named in MOA were minors. He also entered into a contract after the incorporation of company to buy a building from Prakash for Rs. 1,00,00,000 but before obtaining the certificate of commencement of business.

The contract made with Pooja on 20 June 2024 will be called :

  1. ((a))

    Pre-incorporation Contract

  2. ((b))

    Provisional Contract

  3. ((c))

    Preliminary Contract

  4. ((d))

    Standard Contract

Show Answer
Answer: ((a))

Pre-incorporation Contract

146

Read the following passage and answer the questions : Ecofresh Pvt. Ltd, a startup in India, produces eco-friendly home cleaning products such as liquid detergents, floor cleaners and dishwashing liquids. The company follows a green marketing approach and highlights its products as biodegradable, safe and affordable. To reach its customers, Ecofresh sells through online Platforms, retail stores and direct sales agents. The firm has designed its marketing mix carefully. Pricing is slightly above competitors due to its ecofriendly positioning but promotions include digital campaigns, social media advertising and discounts on bulk purchases. Recently Ecofresh launched a new product; a herbal air freshener. During its product life cycle's introduction stage, the firm invested heavily in promotion and awareness building activities. The company also engages in customer relationship management by offering loyalty points and personalised recommendation to repeat buyers.

By selling through online platforms, retail stores and direct sales agents, Ecofresh is focusing on :

  1. ((a))

    Pricing Strategies

  2. ((b))

    Promotional Mix

  3. ((c))

    Service Marketing

  4. ((d))

    Multi Channel distribution

Show Answer
Answer: ((d))

Multi Channel distribution

147

Read the following passage and answer the questions : Ecofresh Pvt. Ltd, a startup in India, produces eco-friendly home cleaning products such as liquid detergents, floor cleaners and dishwashing liquids. The company follows a green marketing approach and highlights its products as biodegradable, safe and affordable. To reach its customers, Ecofresh sells through online Platforms, retail stores and direct sales agents. The firm has designed its marketing mix carefully. Pricing is slightly above competitors due to its ecofriendly positioning but promotions include digital campaigns, social media advertising and discounts on bulk purchases. Recently Ecofresh launched a new product; a herbal air freshener. During its product life cycle's introduction stage, the firm invested heavily in promotion and awareness building activities. The company also engages in customer relationship management by offering loyalty points and personalised recommendation to repeat buyers.

Ecofresh use of digital campaigns, social media and discounts reflects decisions related to :

  1. ((a))

    Distribution Mix

  2. ((b))

    Promotion Mix

  3. ((c))

    Product Mix

  4. ((d))

    Pricing Policy

Show Answer
Answer: ((b))

Promotion Mix

148

Read the following passage and answer the questions : Ecofresh Pvt. Ltd, a startup in India, produces eco-friendly home cleaning products such as liquid detergents, floor cleaners and dishwashing liquids. The company follows a green marketing approach and highlights its products as biodegradable, safe and affordable. To reach its customers, Ecofresh sells through online Platforms, retail stores and direct sales agents. The firm has designed its marketing mix carefully. Pricing is slightly above competitors due to its ecofriendly positioning but promotions include digital campaigns, social media advertising and discounts on bulk purchases. Recently Ecofresh launched a new product; a herbal air freshener. During its product life cycle's introduction stage, the firm invested heavily in promotion and awareness building activities. The company also engages in customer relationship management by offering loyalty points and personalised recommendation to repeat buyers.

The launch of herbal air freshener during its introduction stage of the product life cycle primarily requires heavy investment in promotion and awareness building activity. It will lead to (in short run) :

  1. ((a))

    High Profit

  2. ((b))

    Low/Negative Profit

  3. ((c))

    High Revenue, low cost

  4. ((d))

    High Revenue, High cost

Show Answer
Answer: ((b))

Low/Negative Profit

149

Read the following passage and answer the questions : Ecofresh Pvt. Ltd, a startup in India, produces eco-friendly home cleaning products such as liquid detergents, floor cleaners and dishwashing liquids. The company follows a green marketing approach and highlights its products as biodegradable, safe and affordable. To reach its customers, Ecofresh sells through online Platforms, retail stores and direct sales agents. The firm has designed its marketing mix carefully. Pricing is slightly above competitors due to its ecofriendly positioning but promotions include digital campaigns, social media advertising and discounts on bulk purchases. Recently Ecofresh launched a new product; a herbal air freshener. During its product life cycle's introduction stage, the firm invested heavily in promotion and awareness building activities. The company also engages in customer relationship management by offering loyalty points and personalised recommendation to repeat buyers.

The use of loyalty points is an example of :

  1. ((a))

    Advertising

  2. ((b))

    Sales Promotion

  3. ((c))

    Personal Selling

  4. ((d))

    Sponsorship

Show Answer
Answer: ((b))

Sales Promotion

150

Read the following passage and answer the questions : Ecofresh Pvt. Ltd, a startup in India, produces eco-friendly home cleaning products such as liquid detergents, floor cleaners and dishwashing liquids. The company follows a green marketing approach and highlights its products as biodegradable, safe and affordable. To reach its customers, Ecofresh sells through online Platforms, retail stores and direct sales agents. The firm has designed its marketing mix carefully. Pricing is slightly above competitors due to its ecofriendly positioning but promotions include digital campaigns, social media advertising and discounts on bulk purchases. Recently Ecofresh launched a new product; a herbal air freshener. During its product life cycle's introduction stage, the firm invested heavily in promotion and awareness building activities. The company also engages in customer relationship management by offering loyalty points and personalised recommendation to repeat buyers.

Ecofresh's emphasis on biodegradable safe product reflects which marketing approach ?

  1. ((a))

    Production approach

  2. ((b))

    Selling approach

  3. ((c))

    Societal marketing approach

  4. ((d))

    Product approach

Show Answer
Answer: ((c))

Societal marketing approach

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