PAPER-II

MANAGEMENT
Signature and Name of Invigilator
1. (Signature) __________________________

OMR Sheet No. : ...............................................

(To be filled by the Candidate)

(Name) ____________________________
Roll No.

2. (Signature) __________________________

(In figures as per admission card)

(Name) ____________________________

17

Roll No.________________________________
(In words)

1 0

Time : 1 /4 hours]

[Maximum Marks : 100

Number of Pages in this Booklet : 12

Number of Questions in this Booklet : 50

Instructions for the Candidates

1. Write your roll number in the space provided on the top of
this page.
2. This paper consists of fifty multiple-choice type of questions.
3. At the commencement of examination, the question booklet
will be given to you. In the first 5 minutes, you are requested
to open the booklet and compulsorily examine it as below :
(i) To have access to the Question Booklet, tear off the paper
seal on the edge of this cover page. Do not accept a booklet
without sticker-seal and do not accept an open booklet.
(ii) Tally the number of pages and number of questions in
the booklet with the information printed on the cover
page. Faulty booklets due to pages/questions missing
or duplicate or not in serial order or any other
discrepancy should be got replaced immediately by a
correct booklet from the invigilator within the period
of 5 minutes. Afterwards, neither the Question Booklet
will be replaced nor any extra time will be given.
(iii) After this verification is over, the OMR Sheet Number
should be entered on this Test Booklet.
4. Each item has four alternative responses marked (A), (B), (C)
and (D). You have to darken the oval as indicated below on the
correct response against each item.
B
A
Example :
D
where (C) is the correct response.
5. Your responses to the items are to be indicated in the Answer
Sheet given inside the Paper I Booklet only. If you mark at
any place other than in the ovals in the Answer Sheet, it will
not be evaluated.
6. Read instructions given inside carefully.
7. Rough Work is to be done in the end of this booklet.
8. If you write your name or put any mark on any part of the test
booklet, except for the space allotted for the relevant entries,
which may disclose your identity, you will render yourself
liable to disqualification.
9. You have to return the test question booklet and OMR Answer
sheet to the invigilators at the end of the examination
compulsorily and must not carry it with you outside the
Examination Hall.
10. Use only Blue/Black Ball point pen.
11. Use of any calculator or log table etc., is prohibited.
12. There is no negative marks for incorrect answers.

D-17-10

1.
2. -
3. , -
-
, :
(i) -
-

(ii) -

/


-
-

(iii) OMR -

4. (A), (B), (C) (D)


A
B
:
D
(C)
5. I -

,
6.
7. (Rough Work)
8. -
,

9. - OMR -


10. /
11. ( )

12.
1

P.T.O.

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MANAGEMENT
Paper II
Note : This paper contains fifty (50) objective type questions, each question carrying two
(2) marks. Attempt all the questions.
1.

2.

Under perfect competition in the

long run
(A) All firms earn normal
profits
(B) Few firms earn super
normal profits
(C) All firms are at break even
(D) None of the above
National Income at market prices is
equal to
(A) Gross national product at
market prices
(B) Gross domestic product at
market prices
(C) Net national product at
factor cost
(D) None of the above

3.

If there is a single buyer, it is

called
(A) Monopoly
(B) Oligopoly
(C) Monopsony
(D) None of the above

4.

Under which of the following

method the time value of money is
not considered ?
(A) Net present value method
(B) Internal rate of return
method
(C) Pay back period method
(D) All of the above

5.

A firm is having increasing returns

to scale means
(A) It is having increasing costs.
(B) It is having constant costs.
(C) It is having decreasing costs.
(D) None of the above

Paper-II

6.

Production can be measured in

terms of which of the following ?
(A) Total productivity
(B) Marginal productivity
(C) Average productivity
(D) All of the above

7.

Which of the following is an

objective of human resource
management ?
(A) Productivity
(B) Quality of work life
(C) Organisational change
(D) All the above

8.

Motivation implies that the

employees in an organisation
(A) Exert more effort to
accomplish the desired
goals of the organisation.
(B) Exert more effort to
accomplish the individual
goals.
(C) Exert more effort to
accomplish the common
goals of employees.
(D) Exert more effort to
accomplish the desired
goals of the employer,
employees
and
the
Government.

9.

Communication can be
(A) Oral
(B) Written
(C) Oral and Written
(D) None of the above
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II
 o  go o ho  go j g
z it
1.

ro ~o hq
(A)  o  g
(B) o u ho  g
(C)   g
(D) jno ig

2.

vo zh
(A) vo  o z j
o
(B) vo o r jo
(C) jqz j
o
(D) jno i

3.

mo o io vq

(A) mo o
(B) ho
(C) mo o ho
(D) jno i

4.

p  o o hq

o o q~o v "
(A) 
(B) ho  
(C) h
(D) jn

5.

o   o  o 
io 
(A) io q g
(B) io q g
(C) io q g
(D) jno ig

D-17-10

6.

jo po  
vo "
(A) o jo
(B) jo
(C) hjo
(D) jn

7.

p   o   mo  j 
o  "
(A) jo
(B) o vo q~
(C) q{o 
(D) jn

8.

h~o h o o tq{

(A) q{ o  u c o   o
mho o  g
(B) no  c o   o  m
ho o  g
(C) o t o o c o 
o mho o  g
(D) n o t  o  o
uc o o mho
o g

9.

~o 
(A) po
(B) p
(C) po mp
(D) jno i
Paper-II

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10.

Which of the following is not

considered as a leadership style ?
(A)

Task oriented
style.

(B)

Society oriented leadership

style.

(C)

Employee
leadership style.

(D)
11.

12.

13.

14.

15.

Labour Welfare facilities were

incorporated in which legislation ?
(A) MRTP Act
(B) Essential Commodities Act
(C) Consumer Protection Act
(D) Factories Act

16.

Job analysis involves

(A) Job description and
specification
(B) Job
order
and
description
(C) Job specification and
order
(D) Job satisfaction and
description

leadership

oriented

Autocratic leadership style

Which of the following method has

not been given a statutory form in
India ?
(A)

Conciliation

(B)

Mediation

(C)

Voluntary Arbitration

(D)

Adjudication

Organising

(B)

Directing

(C)

Controlling

(D)

All of the above

360 performance appraisal

(B)

Balanced score card

(C)

Rank method

(D)

Interview method

Selection of persons in an
organisation is the responsibility of
(A)

Security Dept.

(B)

Personnel Dept.

(C)

Trade Unions

(D)

Canteen Dept.

Paper-II

job
job

Which one of the following

represents number of years
required to recover the initial
investment ?
(A) Accounting rate of return
(B) Pay back period
(C) Internal rate of return
(D) Net present value

18.

Other things being equal, stocks

which are highly liquid command
(A) Higher dividend payout
ratio
(B) Lower dividend payout ratio
(C) Higher P/E multiples
(D) Lower P/E multiples

19.

Weighted Average Cost of Capital

may contain
I.
Cost of Equity
II.
Cost of Debt
III.
Cost of goods purchased
IV.
Cost of initial investment
Find the correct combination
according to the code :
(A) I, II & III are correct.
(B) II, III & IV are correct.
(C) III & IV are correct.
(D) I & II are correct

Which one is not a performance

appraisal method ?
(A)

job

17.

What are the operative functions of

HRM ?
(A)

job

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10.

11.

12.

13.

14.

p   o o   
v"
(A) o h
(B) vh
(C) o th
(D) mo 
p   o    o  
o  "
(A) x
(B)
(C) mtuo t~
(D) h~
   o  o o  o  n
"
(A) q{o g
(B) o g
(C) o g
(D) jng
o mo o  "
(A) 360o
(B) o o |
(C) o zo 
(D) co 
mo q{ n o to v

(A) cqo
(B) o o qo
(C) ro
(D) o zqo

D-17-10

15.

 o ~ m o  h
o qi "
(A) mhzmnz
(B) ho h
(C) jn c~h
(D) o ph

16.

o ~h
(A) o ~mo z
(B) o h mo ~
(C) o zmo h
(D) o zmo ~

17.

p   o    o
q  o   q   o
po o  "
(A) p 
(B) h
(C) ho  
(D) 

18.

h     v o  ho
  o 
(A) jtth
(B) h
(C) jtti
(D) i

19.

v o   h q  
o 
, q
,, l ~q
,,, p o q
,9 o qo q
o | o hvvm
(A) ,,,,,, g
(B) ,,,,,,9 g
(C) ,,,,9 g
(D) ,,, g
Paper-II

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20.

21.

22.

23.

24.

25.

At which stage of the new product

development, the launching of new
product will take place
(A) Business Analysis
(B) Test Marketing
(C) Commercialization
(D) Marketing strategy
Development

26.

When a firm proposes to acquire

another firm, the merger proposal
may be viewed as a
(A) Working
capital
management proposal
(B) Capital budgeting proposal
(C) Financing decision
(D) Dividend decision

If a company uses its company

name for its entire range of
products offered, then it is called
(A) Private branding
(B) Corporate branding
(C) Product-line branding
(D) Specific product branding

27.

Which of the following is not the

element of promotion-mix ?
(A) Advertising
(B) Place
(C) Personal selling
(D) Publicity

One-level channel of distribution

consists of
(A) Producer consumer
(B) Producer dealer consumer
(C) Producer dealer retailer
consumer
(D) Producer dealer wholesaler
retailer consumer

28.

The primary role of a production

manager is
(A) To meet the production
target and delivery schedule
(B) To produce goods/services
of right quality
(C) To produce goods/services
by right quantity at the
predetermined time
(D) All of the above

29.

Fixed Position Layout is used

when
(A) the operation requires heavy
tools and equipments.
(B) the operation requires only
hand tools and simple
equipments.
(C) the continuity of production
process is to be maintained.
(D) none of the above

Long term sources of finance may

contain
I.
Retained earnings
II.
Inter corporate deposits
III.
Debentures
IV. Preference share capital
Find the correct combination
according to the code :
(A) I, III & IV are correct
(B) II, III & IV are correct
(C) II & III are correct
(D) II & IV are correct

Which of the following is in

correct order ?
(A) Product, Place, Promotion
and Price
(B) Product, Promotion, Place
and Price
(C) Product, Price, Promotion
and Place
(D) Product, Price, Place and
Promotion
Which of the demographic
variables is not used by marketers
for demographic segmentation ?
(A) Gender
(B) Age
(C) Occupation (D) Poverty

Paper-II

D-17-10

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20.

21.

22.

23.

24.

ro o 
, o hv
,, hqc
,,, l ~
,9 o hv
o | o hvvm
(A) ,,,,,9 g
(B) ,,,,,,9 g
(C) ,,,,, g
(D) ,,,9 g
vmo    o hq~o o
 o    j   o
o vo 
(A) o v
(B) vvzq
(C) ~
(D) ~
p   o   ~ o
"
(A) wo
(B)
(C) nqo
(D) t
po o  "
(A) jho
(B) jho
(C) jo h
(D) jo h
vo o p~|o ~o m~o 
o   vo o   q  o
v "
(A) q
(B) h
(C)
(D) q

D-17-10

25.

jo o o tj
o t "
(A) ~
(B) c~
(C) ~vo ~
(D) ~~o

26.

 mo  o  h  o  h
 j o   q o  
io v
(A) v|q
(B) o |q
(C) | nzi|q
(D) zj|q

27.

~o mo 

(A) jo jn
(B) jo jn
(C) jo   p 
jn
(D) jo     o  o 
pjn

28.

jo o o o 
(A) jcm qhto
jg
(B) {o q~o mm j
o g
(C)    {o  
mmjo g
(D) jng

29.

hhjq
v
(A) o  o   jo ~ m jo
tmg
(B) o  o  o  o {  jo ~ m
~jo tmg
(C) jo pg
(D) jno ig
Paper-II

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30.

35.

Critical Path Method (CPM) is

concerned with estimation of
(A) Optimistic time
(B) Production lead time
(C) Pessimistic time
(D) None of the above

If X is a random variable normally

distributed with mean u and
variance 2, then the mean
deviation about mean is given by
(A)
(C)

31.

32.

33.

34.

In a normal distribution, mean (m)

3 (3 standard deviation) limits
contains approximately
(A) 99.73% of the observations
(B) 99.27% of the observations
(C) 96% of the observations
(D) 95% of the observations
Firms choose a focus strategy to
serve the needs of which of the
following ?
(A) Buyers group
(B) Different-segment of a
product line
(C) Different
geographical
market
(D) All of the above

Paper-II

(B)

(D)

36.

The level of significance is the

probability of committing
(A) type I error
(B) type II error
(C) standard error
(D) probable error

37.

Which of the following tests is

used to test a hypothesis about the
mean of a univariate normal
distribution with unknown variance ?
(A) Normal test
(B) Students test
(C) Paired t-test
(D) Chi-square test

38.

Mean and variance of Binomial

Distribution are
(A) m and 2 (B) m and nq
(C) m and np (D) np and npq
(Where the terms have usual
statistical meaning)

39.

Which of the following is the

characteristic of a strategic
business unit ?
(A) It serves a homogenous set
of markets.
(B) It serves a unique set of
products.
(C) It owns responsibility for its
own profitability.
(D) All of the above.

Which of the following is not the

component of work study ?
(A) Work measurement
(B) Case study
(C) Time study
(D) Motion study
Half percent of the letters mailed in
a city have incorrect addresses. Out
of 200 such letters mailed in a day,
the probability of finding at most 3
incorrect addresses is
3e
8 1
(A)
(B)
e
8
3
1
5
(C) 6 e1
(D) 2 e1

1
2

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30.

31.

o o   ~ h q
p
(A) h
(B) j|zi
(C) 
(D) jno i

35.

(A)
(C)

mo   ~   (m) 3
(3 o tqqp
h :
(A) ho 99.73%
(B) ho 99.27%
(C) ho 96%
(D) ho 95%

32.

p   o o  ho h o
o  o mo o
~o jqo  "
(A) qo 
(B) jpo p|
(C) qo v
(D) jn

33.

p  o  o ho
q "
(A) o 
(B) o h
(C) h
(D) qh

34.

hvqvv jo
|o  q  gmo  m v
qm   ho  o
|o   q q jo   n
 "
(A)
(C)

D-17-10

3e
8
1 1
6e

mn(X) tuo t(u)

h t 2 o  
 o o 
ho vmq

8 1
e
3
5
(D) 2 e1
(B)

1
2

(B)

(D)

36.

o to 
(A) o ,to
(B) o ,,to
(C) o to 
(D) to

37.

p   o   z z hv
~o mo o i
v o  h mo  t~ o 
~  o  q v
o  
(A) z z
(B) z | ~zz z
(C) qzWz z
(D) o io z z

38.

z o m~
(A) m 2
(B) m nq
(C) m np
(D) np npq
vWHUPVo ~h 
po ~o hjn
o qo q 

39.

p  o ~o 
io io c~ "
(A)  v o  mo v tt o
ho  g
(B)  j o  h{  tt o
ho  g
(C)  h o  o  v
 g
(D) jng
Paper-II

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40.

Which one of the following is not a

generic strategy ?
(A) Cost Leadership
(B) Product Differentiation
(C) Cost focus
(D) Group focus

46.

Which of the following is the cause

of sickness of an enterprise ?
(A) Lack of adequate capital
(B) Lack of demand for the
products
(C) Lack of raw material
(D) All of the above

41.

A retrenchment strategy is
designed to reduce
(A) technical losses
(B) financial losses
(C) the scale and scope of the
business operation
(D) all of the above

47.

Value driven companies are

(A) sure to be successful in the
long run.
(B) sure to be unsuccessful as
they are not maximising
profits.
(C) sure to become charitable
institutions.
(D) none of the above

42.

World Trade Organisation provides

(A) Rule based multilateral
trading system.
(B) Equity and social justice to
the people.
(C) Rule based regional trading
system
(D) All of the above

48.

Which of the following is not a

tool of corporate governance ?
(A) Preparation of financial
statements
(B) Appointment
of
independent directors.
(C) Compulsory
audit
of
financial statements.
(D) Time bound promotion of
employees.

49.

Which of the following is not the

social responsibility of the business ?
(A) Promotion of Markets
(B) Promotion
of
Green
Environment
(C) Promotion of Education
(D) Promotion of Public Health

50.

The Business Code of Conduct

provides guidance to managers and
employees
(A) when they encounter an
ethical dilemma.
(B) for
improving
their
technical skills.
(C) for pursuing their business
goals.
(D) All of the above

43.

44.

45.

Sick enterprise is referred to

(A) CII
(B) RBI
(C) SIDBI
(D) BIFR
Ethical values are derived from
(A) Corporate philosophy
(B) Organisational culture
(C) Corporate objectives
(D) The religious books
Which of the following is not
related to business ethics ?
(A) Social responsibility of
business
(B) Environmental ethics
(C) Ecological consciousness
(D) Profiteering

Paper-II

10

D-17-10

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40.

po ~
"
(A) q
(B) j
(C) qo
(D) o

41.

u z ~rz
(A) o o 
(B) 
(C) o o o hc
(D) jn

42.

q{
(A)  c~
(B) vo mvo 
(C) c~
(D) jn

43.

jqo o o o v "

(A)
(C)

44.

45.

CII
SIDBI

(B) RBI
(D) BIFR

o o v
(A) o z 
(B) q{o o 
(C) o z j 
(D) o o 
p   o   o
o  "
(A) o vo j
(B) ~o
(C) o vq
(D) p

D-17-10

11

46.

p jqo  o o ~

o  "
(A) vo h
(B) jo qo h
(C) o tto o
(D) jn

47.

o 
(A) ro  o tg
(B) h   o  t no 
o ho o ~o g
(C) mo tg
(D) jno ig

48.

p   o   q  o
jo ~ "
(A) ~o g
(B) to no g
(C)  ~ o  ho  h|z
o g
(D) o t o  
o g

49.

p   o    o
vo j"
(A) vo ho g
(B) ~o ho g
(C) co ho g
(D) o o ho g

50.

hto h o t
o o 
(A) v j  o   o  
g
(B) ho o o  o  }  o
mg
(C) ho co o mg
(D) jng
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Space For Rough Work

Paper-II

12

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