Upload
others
View
0
Download
0
Embed Size (px)
Citation preview
UPKAR PRAKASHAN, AGRA-2
Editorial BoardPratiyogita Darpan
( ii )
© Publishers
Publishers
UPKAR PRAKASHAN2/11A, Swadeshi Bima Nagar, AGRA–282 002Phone : 4053333, 2530966, 2531101Fax : (0562) 4053330, 4031570E-mail : [email protected], Website : www.upkar.inBranch Offices4845, Ansari Road, Daryaganj, 1-8-1/B, R.R. Complex (Near Sundaraiah Park, Pirmohani Chowk,New Delhi–110 002 Adjacent to Manasa Enclave Gate), Kadamkuan,Phone : 011–23251844/66 Bagh Lingampally, Hyderabad–500 044 (A.P.) Patna–800 003
Phone : 040–66753330 Phone. : 0612–2673340
28, Chowdhury Lane, Shyam B-33, Blunt Square,Bazar, Near Metro Station, Kanpur Taxi Stand, Mawaiya,Gate No. 4 Lucknow–226 004 (U.P.)Kolkata–700004 (W.B.) Phone : 0522–4109080Phone : 033–25551510
� The publishers have taken all possible precautions in publishing this book, yet if any mistake hascrept in, the publishers shall not be responsible for the same.
� This book or any part thereof may not be reproduced in any form by Photographic, Mechanical,or any other method, for any use, without written permission from the Publishers.
� Only the courts at Agra shall have the jurisdiction for any legal dispute.
ISBN : 978-93-5013-442-9
Price : ̀ 99.00(Rs. Ninety Nine Only)
Code No. 1788
Printed at : UPKAR PRAKASHAN (Printing Unit) Bye-pass, AGRA
(An ISO 9001 : 2000 Company)
CommerceUGC-NET/JRF Exam.,
Solved Papers
June 2006
Commerce(Paper-II)
Note : This paper contains fifty (50) objectivetype questions, each question carryingtwo (2) marks. Attempt all the questions.
1. No planning can start without setting—(A) Budget (B) Objectives(C) Powers (D) None of these
2. Forms of mixed Economy consists of—(A) Public Sector(B) Private Sector(C) Co-operative Sector(D) None of the above
3. According to which of the following account-ing principles, the owners of the business areconsidered as creditors ?(A) Money Measurement(B) Cost(C) Dual Aspect(D) Separate Entity
4. Under how many headings, the cash flowstatement shows the flow of cash and cashequivalents ?(A) 1 (B) 2(C) 3 (D) 4
5. All the following curves are U-shaped :except—(A) AVC Curve (B) AFC Curve(C) AC Curve (D) MC Curve
6. The Cobb-Douglas production function Q = 4K0·6 L0·3 Exhibits—(A) Constant returns to scale(B) Increasing returns to scale(C) Decreasing returns to scale(D) None of the above
7. Multistage stratified random sampling is—(A) Probability Sampling(B) Selective Sampling(C) Non-Probability Sampling(D) None of the above
8. Which of the following are considered outputunits of a computer ?(A) Floppy Disk, Dat, CD etc.(B) Printers(C) Video Display Unit(D) Micro-film
9. Process of delegation of authority involves—(A) Transfer of authority(B) Transfer of responsibility(C) Transfer of authority and responsibility(D) Transfer of key management functions
10. SWOT Analysis is used in which of thefollowing managerial function ?(A) Organising(B) Decision Making(C) Motivating(D) Directing and Controlling
11. Which of the following is the function ofdistribution channel ?(A) Fixing prices(B) Communication of decisions(C) Promotional activities(D) All of the above
12. Product Lines Cover—(A) General retailer(B) One price retailer(C) Departmental Stores(D) All of the above
4 | UGC Commerce Solved Papers
13. Which one of the following is not a leverageratio ?(A) Total debt ratio(B) Debt-Equity ratio(C) Interest Coverage ratio(D) Quick ratio
14. Pay-back period method is also called as—(A) Pay-out method (B) Pay-off method(C) Pay-back method (D) All of the above
15. Human relations approach of Management isassociated with—(A) Abraham Maslow(B) Elton Mayo(C) Peter Drucker(D) Frederick Herzberg
16. Attrition is related to—(A) Job description(B) Job Evaluation(C) Resignation/Termination(D) Promotion
17. The nationalised New Bank of India was latermerged with—(A) Central Bank of India(B) Bank of Baroda(C) Punjab National Bank(D) Canara Bank
18. The first Financial Institution set-up in India—(A) IDBI (B) ICICI(C) IRBI (D) IFCI
19. Which section is not of balance of payment ?(A) Current Account(B) Capital Account(C) Official Reserve Account(D) Loss Accounts
20. Which conference had given birth to Interna-tional Monetary Fund ?(A) Uruguay Round Conference(B) Round Table Conference(C) Brettonwoods Conference(D) Simla Conference
21. Which one of the following pairs is notcorrectly matched ?(A) Installation of a Machine : Installation
Cost A/c(B) Relevant Cost : Decision Making
(C) Valuation of Share : Purchase of a com-pany
(D) Break-even Analysis : Margin of Safety
22. Which of the following is not a form oforganisation ?1. Line Organisation2. Staff Organisation3. Functional Organisation4. Committee OrganisationCodes :(A) 1, 2, 3 and 4 (B) 1, 2 and 4(C) 1, 3 and 4 (D) Only 2
23. For profit maximization of a firm we musthave—1. MC = MR2. Marginal cost curve cuts the average
cost curve from below(A) Only 1 is true(B) Only 2 is true(C) Both 1 and 2 are wrong(D) Both 1 and 2 are true
24. Analysis of variance technique is normallyused when—1. Number of samples are more than two2. All the samples follow Independent nor-
mal distribution with equal variance(A) Only 1 is true(B) Only 2 is true(C) Both 1 and 2 are true(D) Neither 1 nor 2 is true
25. Which of the following Economic Systemsoccured first ?(A) Laises—Fare System(B) Socialism(C) Communism(D) Capitalism
26. Arrange the following events in the order oftheir occurrence—1. Companies Act2. Partnership Act3. Formation of ICAI4. Accounting Standard 3 (revised)Codes :(A) 1, 2, 3, 4 (B) 2, 3, 4, 1(C) 3, 2, 1, 4 (D) 2, 3, 1, 4
UGC Commerce Solved Papers | 5
27. National Income may be determinedthrough—
(A) Income Approach
(B) Expenditure Approach
(C) Productivity Approach
(D) All of the above
28. Standard Error of Mean is defined as—
(A) Standard deviation of the sampling distri-bution of Mean
(B) Average of sampling distribution of Mean
(C) Inter-Quartile range of sampling distribu-tion of mean
(D) Correlation coefficient between thesampling distribution of mean and popu-lation mean
29. Which one of the following is not involved inthe characteristics of Business Ethics ?
(A) Business ethics is a dynamic philosophy
(B) Business ethics is based on moral value
(C) Business ethics influenced by Socio-cultural value
(D) Business ethics is not inspired by SocialWelfare
30. Management of Sales force involves—
(A) Selection of Salesman
(B) Remuneration to Salesman
(C) Training of Salesman
(D) All of the above
31. Working Capital cycle involves the follow-ing—
1. Acquisition of raw materials
2. Finished goods
3. Receivables
4. Cash5. Work-in-progressWhich of the sequence is correct ?Codes :(A) 4, 3, 1, 5, 2 (B) 1, 2, 3, 4, 5(C) 1, 5, 2, 3, 4 (D) 4, 1, 2, 3, 5
32. Which of the following needs comes last inthe Maslow’s need hierarchy theory ?(A) Safety needs(B) Self Actualisation
(C) Belongingness and Love needs(D) Self-esteem needs
33. Arrange the following banks in order inwhich they were established—
1. IDBI 2. IFCI
3. SIDBI 4. IIBI
Codes :(A) 2, 1, 3, 4 (B) 2, 1, 4, 3
(C) 1, 2, 3, 4 (D) 1, 2, 4, 3
34. Arrange the following Acts in the order inwhich they came into force—
1. The Monopolies & Restrictive TradePractices Act
2. Indian Contract Act
3. The Sale of Goods Act
4. The Foreign Exchange Management Act
Codes :(A) 2, 3, 1, 4 (B) 3, 1, 4, 2
(C) 1, 2, 3, 4 (D) 4, 3, 2, 1
35. Match the following—
List-I (Industry)
(a) Small Scale Enterprise
(b) Tiny Enterprise
(c) SME Sector Enterprise
(d) Export Oriented Small Scale Enterprise
List-II (Investment Limit)
1. 25 Lakh 2. 10 crore
3. 5 crore 4. 1 crore
Codes :(a) (b) (c) (d)
(A) 4 1 3 2
(B) 4 1 2 3
(C) 4 2 1 3
(D) 4 2 3 1
36. Match the following :
List-I
(a) Fixed Capital A/c
(b) Deferred Revenue Expenditure
(c) Responsibility Centre
(d) Combination Movement
6 | UGC Commerce Solved Papers
List-II1. Residual Income
2. Amalgamation
3. Current A/c
4. Advertisement for a new product
Codes :
(a) (b) (c) (d)
(A) 4 3 1 2
(B) 3 4 1 2
(C) 3 4 2 1
(D) 3 1 4 2
37. Match the following—
List-I
(a) Average Total Cost
(b) Average fixed Cost
(c) Average Variable Cost
(d) Marginal Cost
List-II
1. Variable Cost ÷ Quantity of Output
2. Total Cost ÷ Quantity of Output
3. Fixed Cost ÷ Quantity of Output
4. The increase in total cost that arises fromextra unit of production
Codes :(a) (b) (c) (d)
(A) 3 1 2 4
(B) 1 2 3 4
(C) 2 3 1 4
(D) 3 4 2 1
38. Match the following—
List-I
(a) Variable
(b) Discrete Variable
(c) Continuous Variable
(d) Sample
List-II
1. A quantitative characteristic of anelementary unit measured on atleast aninterval scale and has value with in fixedfinite interval
2. Any portion drawn from a population
3. A quantitative characteristic of anelementary unit that may vary from unitto unit
4. A variable whose values are restricted tointeger values only
Codes :(a) (b) (c) (d)
(A) 1 2 3 4(B) 4 3 2 1(C) 1 3 4 2(D) 3 4 1 2
39. Match the following List-I with List-II—List-I (Management Thinker)
(a) Schneidher, Arnold E.(b) Koehter J. W.(c) Bassett, Glenn A.(d) Berlo David K.
List-II (Books)1. Organisational Communication2. Organisational Communication Behavi-
oural Perspective3. The New Face of Communication4. The Process of CommunicationCodes :
(a) (b) (c) (d)(A) 1 2 3 4(B) 1 3 2 4(C) 4 3 1 2(D) 2 3 1 4
40. Match the following List-I with List-II—
List-I List-II(a) Purchase 1. Purchasing Criteria(b) Situational 2. New Markets(c) Personal 3. Risk Factor(d) Physical 4. Location
Codes :(a) (b) (c) (d)
(A) 1 2 3 4(B) 2 3 1 4(C) 3 1 2 4(D) 4 2 3 1
41. Match the following—List-I
(a) ARR (b) Pay-back method(c) NPV (d) IRR
UGC Commerce Solved Papers | 7
List-II1. Present value of Cash inflow-Present
value of Cash outflow2. Yield on investment
3.Average Income
Average Investment
4.Investment
Annual Cash Flow
Codes :(a) (b) (c) (d)
(A) 3 4 2 1(B) 3 4 1 2(C) 4 3 2 1(D) 4 3 1 2
42. Match the following—
List-I List-II(a) Personality Test 1. Skill Test(b) Achievement Test 2. Job knowledge test(c) Aptitude Test 3. Group Discussion(d) Situational Test 4. Projective test
Codes :(a) (b) (c) (d)
(A) 4 2 1 3(B) 4 2 3 1(C) 2 4 1 3(D) 1 3 4 2
43. Match the following—
List-I (Financial Institutions)(a) ECGC(b) GIC(c) HUDCO(d) ICICI Bank
List-II (Nature of activity)1. Re-insurance2. Housing Development3. A private bank4. Trade
Codes :(a) (b) (c) (d)
(A) 4 1 3 2(B) 4 2 1 3(C) 1 4 2 3(D) 4 1 2 3
44. Match the following—
List-I List-II(a) IBRD 1. Uruguay Round(b) WTO 2. ECAFE(c) ADB 3. Bretton Wood(d) IDA 4. Established by World Bank
Codes :(a) (b) (c) (d)
(A) 3 1 2 4(B) 3 1 4 2(C) 1 3 2 4(D) 1 2 3 4
Directions—Read the following passage andanswer the questions from 45 to 50.
Agricultural Insurance SchemeMore than half a dozen farm insurance
schemes have been tried out in the past two and ahalf decades, but no one has worked. Successiveinsurance models proved unsustainable becausethey were neither economically viable, nor suitedto cover the varied risks that beset crop farming.The implementing insurance companies haveinvariably ended up paying compensation severaltimes the premium collected. The existing NationalAgricultural Insurance Scheme (NAIS), which isnow sought to be replaced\ with its fresh avatar,has had to cope with claims of over 5,730 crore,more than three times the premium income of 1,700 crore. The parallel farm ‘income insurance’scheme, aimed at covering risk ranging from adrop in yield to poor prices, tried out on a pilotbasis in the last few crop seasons, has also notworked. What needs to be realised is that agri-cultural insurance is an inherently complicatedbusiness because of the many risks involved infarming. The formidable functional and practicalproblems that ensue relate to the extent of areathat should constitute the unit for assessingdamage, and the benchmark for assessing the loseincurred, on the basis of the income that mighthave accrued to the farmer in the absence of yield-reducing factors like adverse weather, pest,disease, or natural disasters.45. Which scheme is going to be replaced by the
new insurance scheme ?(A) Crop insurance scheme(B) Agricultural insurance scheme(C) NAIS(D) None of the above
UGC NET/JRF Exam Solved PapersCommerce
Publisher : Upkar Prakashan ISBN : 9789350134429 Author : Pratiyogita Darpan
Type the URL : http://www.kopykitab.com/product/8920
Get this eBook
31%OFF