Any group that has an actual or potential interest in or impact on a company’s ability to achieve its objective is called as ……………….. .
(a) Society
(b) Target group
(c) Public
(d) Competitor
An important fact about external macro-environmental forces is that they are ……………….. .
(a) Positive
(b) Negative
(c) Controllable
(d) Uncontrollable
After independence under the leadership of Jawahar Lal Nehru, India adopted ………………………… as its goal.
(a) Communism
(b) Democratic socialism
(c) Capitalism
(d) Philonthrophic capitalism
Deficit on …………………………. implies that the residents of a country are spending more on imports of goods and services than the incomes they are earning from exports of goods and services.
(a) Capital Account
(b) Current Account
(c) Budget
(d) Capital inflows and outflows
…………………………. became essential from the point of view of promoting industrial growth by the creation of additional productive capacity and its optimal utilisation.
(a) Privatisation
(b) Industrialisation
(c) Industrial liberalisation
(d) Globalisation
The method of project evaluation that does not consider the full serviceable life of an asset is ………… .
(a) Payback period method
(b) Average rate of return method
(c) Net present value method
(d) Internal rate of return method
…………………………. is an expired cost resulting from productive usage of asset.
(a) Expense
(b) Cost
(c) Revenue expenditure
(d) Capital expenditure
Location, person or an item of equipment for which cost may be ascertained and used for the purpose of control is …………………. .
(a) Cost unit
(b) Cost centre
(c) Profit centre
(d) Cost object
The method that is applied where work is undertaken to customers special requirements is …………………. .
(a) Unit costing
(b) Batch costing
(c) Job order costing
(d) Terminal costing
The costs which are ascertained after they have been occurred and are not available until after the completion of manufacturing operations are ………………… .
(a) Controllable cost
(b) Predetermined cost
(c) Historical cost
(d) Relevant cost
A commodity is called a ‘Giffen Goods’ when ………………… .
(a) The goods is low priced
(b) It is an inferior goods
(c) The goods does not have substitutes
(d) Negative income effect on inferior goods is stronger than positive substitution effect
Two commodities are considered to be perfect substitutes for each other if the elasticity of substitution is ………………………. .
(a) Positive
(b) Negative
(c) Zero
(d) Infinite
If nothing is produced, the loss will be equal to ………………………. .
(a) Variable cost
(b) Total cost
(c) Average cost
(d) Fixed cost
…………………………. that works as a basic criteria of decision by privately owned and controlled firms.
(a) Profit maximisation
(b) Wealth maximisation
(c) Return on investment
(d) Return on capital employed
The objective of …………………………. is not to recover cost but to realize the value of the product persued by the customers.
(a) Tender pricing
(b) Value pricing
(c) Differentiated pricing
(d) Psychological pricing
Arithmetic mean of 5 items is 20. The smallest item is 10 and the largest item is greater than smallest by 14. If the largest and smallest items are ignored, the arithmetic mean of new items will be …………….. .
(a) 22
(b) 24
(c) 22.5
(d) 23.5
Mrs. X gave birth to 5 children in alternate years. Then the standard deviation of the ages in years of these children will be ……………….. .
(a) 4
(b) 10
(c) 8
(d) 10
The statistical test used for testing the null hypothesis of equality of two population variances is ……………….. .
(a) Chi-square test
(b) t-test
(c) Z-test
(d) F-test
If the correlation coefficient between two variables is +1 or –1 then the regression lines are ……………….. .
(a) Parallel
(b) At 0 degree
(c) Perpendicular to each other
(d) Do not exist
In time series analysis, the method which cannot be used for forecasting is ……………… .
(a) Graphical method
(b) Fitting of straight line trend
(c) Moving averages method
(d) Fitting of second degree parabola
Planning, organizing, command, coordination and control as managerial functions were given by ……………… .
(a) Frederic Taylor
(b) Henry Fayol
(c) W. French
(d) E. Mayo
Motivation is basically a ……………… .
(a) Sociological process
(b) Physiological process
(c) Psychological process
(d) Intellectual process
Brainstorming is used by the management for …………… .
(a) Work allocation on the shop floor
(b) Generating alternatives for problem solving
(c) The promotion of research and development
(d) Training of employees
The greatest weakness of theinformal organization is …………… .
(a) Its utter instability
(b) Its behaviour can be predicted
(c) It does not change
(d) It is spiritless
The management of personnel is also called as …………… .
(a) Staffing
(b) Controlling
(c) Planning
(d) Co-ordinating
…………………………. operates as a separate autonomous entity and establishes its own mission statement, objectives and marketing plan.
(a) Strategic business unit
(b) Marketing division
(c) Product division
(d) Subsidiary unit
The process of evaluation of marketing control mechanism,periodic examination of achievement of objectives and identifying problem area and opportunities is termed as ……………….. .
(a) Marketing audit
(b) Productivity audit
(c) Market share analysis
(d) Marketing control analysis
Customer base, customer service,customer satisfaction and customerloyalty development are the pillars of …………………… .
(a) Retail management
(b) Relationship management
(c) Customer development programme
(d) Societal concept of marketing
The marketing concept, which is based on development, design and
implementation of marketing programme that recognises their scope is termed as …………………… .
(a) General marketing
(b) Holistic marketing
(c) Value based marketing
(d) Target marketing
The marketing process that is carried out through Internet to provide facilities to customers, lower the cost and increase the profit is termed as ………………. .
(a) E-marketing
(b) Wireless marketing
(c) Cyber marketing
(d) Modern marketing
…………………………. represents the assets backing for equity shares.
(a) Fair value
(b) Market value
(c) Intrinsic value
(d) Book value
A person who subscribes to new issue of share with a view to sell them when the price rises is ………………. .
(a) Investor
(b) Bear
(c) Bull
(d) Stag
…………………………. is the investment analysis wherein the future price of a particular share is studied on the basis of past price movements.
(a) Equity analysis
(b) Market analysis
(c) Technical analysis
(d) Fundamental analysis
When a company has the aggregate of the par value of its shares exceeding the true value of its fixed assets, it is termed as ……………… .
(a) Capital gearing
(b) Trading on equity
(c) Overcapitalisation
(d) Undercapitalisation
A financial and/or quantitative statement prepared prior to a defined period of time for the purpose of attaining a given objective, is termed as ………………. .
(a) Goal
(b) Project
(c) Programme
(d) Budget
Moving workers from one job to another is known as ………………. .
(a) Job Enlargement
(b) Change of Role
(c) Job Rotation
(d) Job Appraisal
…………………………. test measures preference reactions of employee to particular occupation/job.
(a) Attitude
(b) Projective
(c) Personality
(d) Interest
Ability to apply knowledge in solving a problem is measured in …………………………. test.
(a) Intelligent
(b) Achievement
(c) Aptitute
(d) Judgement
Transactional analysis is a …………………………. method of training.
(a) Experiencial
(b) Knowledge based
(c) Simulation
(d) On-the-job
Following is not the form of workers participation in management (WPM)…………………..
(a) Joint Management Council
(b) Board Representation
(c) Suggestion Scheme
(d) Informative Participation
The banking system which has obviated the need for brick and mortar branch of bank is termed as ………………….. .
(a) Telebanking
(b) Electronic banking
(c) Virtual banking
(d) Personal banking
A bankers lien is always a …………………………. lien.
(a) Particular
(b) General
(c) Quasi
(d) Free
To constitute a person as a customer in a bank there must be ………….. .
(a) Some sort of an account
(b) A single transaction of any nature
(c) A dealing of banking nature
(d) Frequency of transaction in bank account
A document which can be used only for making local payments by a bank
is a ………………….. .
(a) Bankers cheque
(b) Cheque
(c) Draft
(d) Bill of exchange
The bank which provides long-term finance is a ………………….. .
(a) Exchange bank
(b) Investment bank
(c) Universal bank
(d) Lead bank
A currency that is freely convertible into other currencies is a …………. .
(a) Soft currency
(b) Hard currency
(c) Currency basket
(d) Special drawing rights
The economic philosophy that equates the possession of Gold or other International monetary assets with wealth is ………….. .
(a) Naturalism
(b) Environmentalism
(c) Materialism
(d) Mercantilism
When the goods are loaded on the ship the document that is furnished to the Port Superinten-dent is called as :
(a) Bill of lading
(b) Bill of sight
(c) Mates receipt
(d) Goods receipt
The area where a group of countries agree to abolish all trade restrictions and barriers and charge low rates of tariff is ………………….. .
(a) Customs union
(b) Common market
(c) Zero tariff zone
(d) Free trade area
An arrangement to pay for import of goods and services in which something other than cash is paid is called as ………………….. .
(a) Intertrade
(b) Countertrade
(c) Zero competition trade
(d) International trade
