1. Which of the following denote the structural changes in Indian economy

(A)Primary sector contribution has gone down.

(B)Service sector contribution has gone up.

(C)Secondary sector has not changed much.

(D)All of the above

2. Broad Money has to be sensitized through

(A)CRR

(B)SLR

(C)Repo Rate

(D)All of the above

3. Which one is not an element of legal environment


(A)Act of Parliamentarians in Lok Sabha

(B)Indian Contract Act, 1872

(C)Indian Partnership Act, 1932

(D)Negotiable instruments Act, 1881

4. Out of the following, which are four dimensions of Human Development Index
(i)Life Expectancy
Literacy Level
Success Rate of Marriages
Standard of Living
(v)Crime Rate
Corruption Level
Economic Entitlement
(viii) Foreign Visits

Codes

and (viii)

and

and

and (viii)

5. Public Enterprise is defined as

organisation run by joint efforts of Centre and State Governments.

organisation which caters to the needs relating to public utilities.

organisation in which capital is invested by public.

organisation owned and managed by public authorities for definite set of public purposes.

6. Match List-I with List-II and select the correct answer
List I List II
(i)Measurement Accrues to of income the equity of owners
Recognition Recognition of expense of revenue
Basis of Matching realization revenue with expenses
Identification Accounting of revenue period

Codes









7. Consider the following items
(i)Debentures
Prepaid rent
Interest accrued
(iv)Bank overdraft

Which of them are current liabilities

and



and

and

8. Conversion cost is the sum of

(A)Indirect wages and factory overhead

(B)Direct wages, direct expenses and factory overhead

(C)Direct material cost and indirect wages

(D)Prime cost and selling distribution overhead

9.

Assertion Premium received on issue of shares is credited to share premium account but not to Profit and Loss account.
Reasoning Since share premium is not a trading profit, it is not distributed to shareholders.


(A)Both and are true but is not correct explanation to

is false but is correct.

(C)Both and are true and is correct explanation of

is correct but is false.

10. Consider the following
(i)Basic defensive and interval ratio
Current ratio
Superquick ratio
Quick ratio Arrange these ratios in sequence to reflect the liquidity in descending order.

and

and

and

and

11. Normally Demand curve slopes

(A)Upward

(B)Downward

(C)Horizontal

(D)Vertical

12. Which of the following refers to Perfect Competition (i)There are restrictions on buyers and sellers There are no restrictions on movement of goods There are no restrictions on factors of production Correct one is

(A)only and

(B)only and

(C)only and

(D)only

13. Assertion Total utility will be maximum when marginal utility to price of respective products are equal.
Reason Deviation from this situation leads to reduction in maximum utility.


and are not correct.

is correct but is not correct.

and are correct.

is incorrect, is correct.

14. Match List-I with List-II and select the correct answer.
List I List II
(i)Survival Economic Objective
R.O.I Natural Urge
Growth Business Purpose
Innovation Primary Objective
Codes









15. Consider the oligopoly models
(i)Sweezy's kinked demand curve model
Newman and Morgenstern Game Theory model
Cournal's duopoly model
Baumal's sales maximisation model Arrange them in correct sequence as per order of evolution.









16. Which of the following is not a restricted random sampling technique

(A)Stratified sampling

(B)Simple random sampling

(C)Systematic sampling

(D)Multistage sampling

17. Classification of respondents only on the basis of gender is an application of

(A)Ordinal scale

(B)Nominal scale

(C)Interval scale

(D)Ratio scale

18. Karl Pearson's co-efficient of correlation between two variables is

(A)the product of their standard deviations

(B)the square root of the product of their regression co-efficients

(C)the co-variance between the variables

(D)None of the above

19. Statistical software packages for research in social sciences include

(A)SPSS

(B)STATA

(C)MiniTab

(D)All of the above

20. F-test is used to test the significance of the differences between/among

(A)Two sample mean

(B)More than two samples mean

(C)Variance of two samples

and

21. Match the following List-I List-II
(i)The Practice of Henry Management Fayol
Philosophy of F.W. Management Taylor
Scientific Oliver Management Sheldon
General and Peter F Industrial Drucker Administration

Codes









22. Identify the correct sequence of steps involved in planning
(i)Selecting the best course of action
Establishing the sequence of activities
Establishment of objectives
Evaluating alternative courses (v)Determining alternative courses

and

and

and

and

23.

Assertion

One can be sure about future course of actions by making good plans.

Reasoning Planning brings certainty in future course of actions of an organisation. is correct but is not correct.

is correct but is not correct.

(C)Both and are correct.

(D)Both and are not correct.

24. According to Kieth Devis, which one is not a barrier of communication

(A)Physical Barriers

(B)Technological Barriers

(C)Personal Barriers

(D)Linguistic Barriers

25. While establishing relation between Maslow's and Herzberg's theories, which Needs of Hierachy Theory will fall under the Hygiene Factors

(A)Self actualisation, esteem and social needs

(B)Esteem, social and safety needs

(C)Social, safety and physiological needs

(D)Only social needs

26. Howard-Sueth model of consumer behaviour is popularly known as

(A)Machine Model

(B)Human Model

(C)Marketing Model

(D)Purchase Model

27. To generate and facilitate any exchange intended to satisfy human needs or wants such that the satisfaction of these wants occur with minimal detrimental impact on the natural environment is known as

(A)Aggressive marketing

(B)Operating marketing

(C)Green marketing

(D)All of the above

28. All the activities involved in selling goods or services directly to final consumers for personal non-business uses are done by

(A)Wholesalers

(B)Retailers

(C)Mediators

(D)Commission Agents

29. To manage a business well is to manage its future and to manage the future is to manage information is termed as

(A)Management information system

(B)Marketing information system

(C)Future information system

(D)General information system

30. DAGMAR approach in marketing is used to measure

(A)Public relations

(B)Advertising results

(C)Selling volume

(D)Consumer satisfaction

31. Which one is not an important objective of Financial Management

(A)Profit Maximisation

(B)Wealth Maximisation

(C)Value Maximisation

(D)Maximisation of social benefits

32. Which one refers to cash inflow under payback period method

(A)Cash flow before depreciation and taxes

(B)Cash flow after depreciation and taxes

(C)Cash flow after depreciation but before taxes

(D)Cash flow before depreciation and after taxes

33. The concept of present value is based on the

(A)Principle of compounding

(B)Principle of discounting

and

(D)None of the above

34. Cost of capital from all the sources of funds is called

(A)Specific cost

(B)Composite cost

(C)Implicit cost

(D)Simple Average cost

35. Match the following with most suitable option

Modigiliani- Commercial Miller papers Approach
Net Operating Working Income Capital Approach Management
Short term Capital Money Structure Market Instrument
Factoring Arbitrage

Codes









36. Which four are the factors influencing the Human Resource Management of an organisation
(i)Size of workforce
Employee Expectations
Composition of workforce
Political influence (v)Changes in technology

and

and

and

and

37.

Assertion One can not be sure about the quality of appraisal on the basis of length of service.
Reasoning Initial appraisal and promotional appraisal are done separately and differently since the length of service is different. is correct but is not correct.

is correct but is not correct.

and both are correct.

and both are not correct.

38. Which of the following are covered under the scope of Human Resource Management
(i)Forecasting Human Resource Needs
Replacement Planning
Human Resource Dynamics
Human Resource Development Planning (v)Human Resource Audit









39. On which of the following, at the initial stage, the Indian IT companies relying more for getting good IT professionals

(A)Job Portals

(B)Placement Agencies

(C)Campus Placement

(D)All of the above

40. Statement Labour always get a major share of productivity gains. Statement Partial stoppage of work by workers amounts to strike.

(A)Statement is true but is false.

(B)Statement is true but is false.

(C)Both statements are true.

(D)Both statements are false.

41. Imperial Bank was established on January 27, 1921 on the advise of

M. Keynes

(B)Lord Illingworth

(C)King George V

(D)Winston Churchill

42. Read the following events
(i)Allowing convertibility of rupee at the market rate in the current account
Nationalisation of general insurance business
Establishment of IDBI
Nationalisation of life insurance business (v)Capital adequacy norms for commercial banks Arrange the events in the ascending order of their occurrence









43. In India, the Commercial Banks are given license of operation by

(A)The Government of India

(B)The Ministry of Finance

(C)Reserve Bank of India

(D)Banking Companies Regulation Act, 1949

44. The provisions of General Reserve in Banking Companies are made keeping in view the provisions of

(A)Indian Companies Act, 1956

(B)Banking Companies Act, 1949

(C)SEBI Act, 1992

(D)Statutory Auditor

45. Which among the following is not true with regard to merchant banker
can accept deposits.
It can advance loans.
It can do other banking activities.
It can be manager to a public issue.

and

and

and

and

46. Balance of Payments can be made favourable if

(A)Exports are increased

(B)Imports are increased

(C)Devaluation of money

and

47. Which one is not an objective of IMF

promote international monetary co-operation

ensure balanced international trade

finance productive efforts according to peace-time requirement

ensure exchange rate stability

48. EPCG denotes

(A)Export Potential and Credit Guarantee

(B)Earning Promotion and Credit Guarantee

(C)Export Promotion and Credit Guarantee

(D)Export Potential and Credit Goods

49. Which one of the following matches correspond to the Member and Observer countries of the SAARC
(i)India, Pakistan, Bangladesh, Bhutan, Nepal, Sri Lanka, Afghanistan, Maldive
Iran, China, Japan, USA, South Korea, European Union
Pakistan, Nepal, India, Bangladesh, Iran
UK, USA, North Korea, South Africa

and

and

and

and

50. Which one is not an international organisation

(A)SAARC

(B)ASEM

(C)ASEAN

(D)CBDT