MPhil PhD Pondicherry 2016

  1. Which one of the following is not among the assumptions of the Modigliani-Miller model?
    (a) Perfect capital market
    (b) Equivalent risk classes
    (c) Absence of taxes
    (d) Unity for dividend payout ratio
  2. This is the set of laws, policies, incentives, and monitors designed to handle the issues arising from the separation of ownership and control.
    (a) Corporate governance
    (b) Defined benefit plan
    (c) Agency theory
    (d) Invisible hand
  3. The 360 degree appraisal:-
    (a) Aids in developing competitive intelligence
    (b) Works best in large organizations.
    (c) Diminishes the effect of development in the appraisal process.
    (d) Provides feedback from a verity of individuals.
  4. ________ is the study of how individuals, groups, and organizations select, buy, use, and dispose of goods, services, ideas, or experiences to satisfy their needs and wants.
    (a) Psychographic segmentation
    (b) Consumer behavior
    (c) Product Differentiation
    (d) Target marketing
  5. Management should find ‘One best way’ to perform a task. Which technique of Scientific management is defined in this sentence?
    (a) Motion Study
    (b) Time Study
    (c) Fatigue Study
    (d) Method Study
  6. Identify the top most goal of human resource management.
    (a) Work force adaptability
    (b) Competitive edge
    (c) Legal compliance
    (d) Productivity
  7. Shares ones dematerialized can never be rematerialized:-
    (a) True
    (b) False
    (c) Depends on value of share
    (d) Depends on SEBI order
  8. Which of the following theory can’t explain a negatively sloped yield curve?
    (a) Preferred habitat theory
    (b) Liquidity preference theory
    (c) Expectation theory
    (d) Market segment theory
  9. Indian Accounting Standard 28 is related to:-
    (a) Impairment of Assets
    (b) Financial Reporting of Interests in Joint Venture
    (c) Provisions, Contingent Liabilities and Contingent Assets
    (d) Accounting for taxes on income
  10. ________ pricing is the approach of setting a low initial price in order to attract a large number of buyers quickly and win a large market share.
    (a) Value-based
    (b) Market-penetration
    (c) Market-skimming
    (d) Leader
  11. The ________ is practiced most aggressively with unsought goods, goods that buyers normally do not think of buying, such as insurance, encyclopedias, and funeral plots.
    (a) Selling concept
    (b) Holistic marketing concept
    (c) Product concept
    (d) Marketing concept
  12. Which of the following is a name, term, sign, symbol, design, or a combination of these, that identifies that maker or seller of a product or service?
    (a) Label
    (b) Brand
    (c) Co-brand
    (d) Product
  13. ___________________ is recognised as father of “Human relations”.
    (a) Hendry Fayol
    (b) Elton Mayo
    (c) William Gilbreth
    (d) F.W.Taylor
  14. The most suitable coverage ratio for deciding the debt capacity of a firm is:-
    (a) Cash Flow Coverage Ratio
    (b) Interest Coverage Ratio
    (c) Fixed Assets Coverage Ratio
    (d) Debt Service Coverage Ratio
  15. In the process of conducting research ‘Formulation of Hypothesis” is followed by:-
    (a) Selection of Research Tools
    (b) Analysis of Data
    (c) Collection of Data
    (d) Statement of Objectives
  16. This sub-area of finance involves methods and techniques to make appropriate decisions about what kinds of securities to own, which firms’ securities to buy, and how to be paid back in the form that the investor wishes.
    (a) Investments
    (b) Real markets
    (c) Financial management
    (d) None of these
  17. Public Enterprise is defined as:-
    (a) An organization in which capital is invested by public
    (b) An organization owned and managed by public authorities for definite set of public purposes
    (c) An organization run by joint efforts of Centre and State Governments
    (d) An organization which caters to the needs relating to public utilities
  18. What type of relationship between two variable is indicated by the sign ‘r’?
    (a) Indirect
    (b) Direct
    (c) Both direct and indirect
    (d) Extent or degree
  19. The standard deviation of binomial distribution is:-
    (a) Npq
    (b) Np
    (c) √np
    (d) √npq
  20. The value of correlation co-efficient depends on:-
    (a) Origin
    (b) Unit scale
    (c) Both (a) & (b)
    (d) Independent of origin and scale
  21. In determining the required rate of return on a security the appropriate value of risk is:-
    (a) beta
    (b) covariance
    (c) standard deviation
    (d) correlation
  22. Which of the following is a strategy of job design that increases job depth by meeting employees needs for psychological growth?
    (a) Job rotation
    (b) Job enrichment
    (c) Job engagement
    (d) Job enlargement
  23. The term financial engineering is related to:-
    (a) Capital issue
    (b) Financial restructuring
    (c) Cost of production
    (d) Product planning
  24. Meeting which is held only once in the life time of a public company is _________.
    (a) Extra ordinary general meeting
    (b) Annual general meeting
    (c) Statutory meeting
    (d) Class meeting
  25. _________________ is a problem-solving technique designed to produce numerous ideas in a short period.
    (a) Delphi technique
    (b) Brain storming
    (c) Nominal group technique
    (d) Synectics
  26. Which of the following is a non-parametric test?
    (a) t-test
    (b) chi-square test
    (c) F test
    (d) Z test
  27. Mutually exclusive investment proposals are those:-
    (a) That have unique features
    (b) That reduce the total risk complexion of the firm
    (c) Wherein the acceptance of one proposal leads to rejection of all other proposals
    (d) That require special sources of financing
  28. Who among the following is conferred right to premature payment of debenture with option (put)?
    (a) Debenture holder
    (b) Issuing company
    (c) Government
    (d) Promoter
  29. VAT provides an instrument of taxing:-
    (a) Exports
    (b) Manufacturing of goods
    (c) Imports
    (d) Consumption of goods and services
  30. A horizontal extension of the object to increase task variety is called:-
    (a) Job evaluation
    (b) Job rotation
    (c) Job enrichment
    (d) Job enlargement
  31. A research paper is a brief report of research work based on:-
    (a) Secondary Data only
    (b) Primary Data only
    (c) Both Primary and Secondary Data
    (d) None of the above
  32. Outgoing, talkative, social are part of __________ Personality Trait as per big 5 personality trait.
    (a) Extroversion
    (b) Friendly
    (c) Introversion
    (d) Openness to experience
  33. ____________ is an implicit cost of production.
    (a) Charges for electricity
    (b) Interest on owned money capital
    (c) Wages of the labour
    (d) Payment for raw material
  34. Consumer protection act was passed in the year _______.
    (a) 1986
    (b) 1987
    (c) 1988
    (d) 1985
  35. If events are mutually exclusive then:-
    (a) The probability is less than one
    (b) Both events cannot occur at a time
    (c) Both contain every possible outcome of an experiment
    (d) Their probability sum to one
  36. The central limit theorem assures us that the sampling distribution of the mean:-
    (a) Is always normal
    (b) Appears normal only when N is greater than 1000
    (c) Approaches normality as sample size increases
    (d) Is always normal for large sample size
  37. In general, financial leverage is more favorable, whenever the return on the assets exceeds:-
    (a) Net return after tax
    (b) Total cost of capital
    (c) Cost of debt
    (d) Cost of equity capital
  38. In a whole life policy the sum insured become payable on the:-
    (a) Expiry of policy
    (b) Completion of 20 years
    (c) Completion of 15 years
    (d) Death of assured
  39. Which of the following statements best describes ‘Mental Revolution’?
    (a) Both management and workers require each other
    (b) The management and workers should not play the game of onemanship
    (c) Workers should be paid more wages
    (d) It implies change of attitude
  40. This sub-area of finance looks at firm decisions in acquiring and utilizing cash received from investors or from retained earnings.
    (a) Investments
    (b) Treasury management
    (c) Financial management
    (d) None of these
  41. This should be the primary objective of a firm as it may actually be the most beneficial for society in the long run.
    (a) Minimizing layoffs
    (b) Minimizing costs
    (c) Maximizing shareholder value
    (d) Maximizing market share
  42. Which theory holds that nations should produce those goods for which it has the greatest relative advantage?
    (a) Theory of comparative advantage
    (b) The theory of absolute advantage
    (c) The theory of relative advantage
    (d) The factor endowment theory
  43. A contingency table always involves:-
    (a) More than one variable
    (b) Two variables
    (c) Two dependent variable
    (d) Two degree of freedom
  44. The research carried out to expand the knowledge of a particular field is known as:-
    (a) Basic research
    (b) Quantitative research
    (c) Qualitative research
    (d) Applied research
  45. Which of the following is must for a derivative contract to come into existence:-
    (a) An exchange
    (b) Price fluctuations
    (c) An underlying asset
    (d) Risk in investment
  46. When referring to a curve that tails off to the left end, you would like call it:-
    (a) Skewed left
    (b) Positively skewed
    (c) Negatively skewed
    (d) Skewed right
  47. The typical method of retail operation used by supermarkets and catalogue showrooms is called:-
    (a) Full-service retailing.
    (b) Self-service retailing.
    (c) Limited-service retailing.
    (d) Service-merchandiser.
  48. _______________ and fringe benefits are no longer employees first priority.
    (a) Promotions
    (b) Rewards
    (c) Wages
    (d) Bonus
  49. Rational buying motives that determine purchase decisions are mostly based on:-
    (a) Price factor
    (b) Advertisement
    (c) Psychological factor
    (d) Quality of product
  50. A list of all the units in a population is called:-
    (a) Universe
    (b) Sample
    (c) Sampling Frame
    (d) Population
  51. In a relative frequency distribution are represented in terms of:-
    (a) Fraction
    (b) Percentage
    (c) Both (a) & (b)
    (d) Whole number
  52. If a discounted commercial bill is dishonored then the bank charges the drawer of the bill?
    (a) Amount of bill plus interest with penalty
    (b) Amount of bill plus penal charge
    (c) Amount of the bill
    (d) Amount of bill less discount charge
  53. A business arrangement where one party allows another party to use a business name and sell its products or services is known as___
    (a) An owner-manager business
    (b) A limited company
    (c) A franchise
    (d) A cooperative
  54. Which trade theory holds that nations can increase their economic well-being by specializing in the production of goods they produce more efficiently than anyone else?
    (a) The theory of absolute advantage
    (b) The international product life cycle theory
    (c) The factor endowment theory
    (d) The theory of comparative advantage
  55. Which model is used for sequencing the job on the machines so as to minimize the total processing time?
    (a) PERT
    (b) CPM
    (c) BEP
    (d) sequencing model
  56. SIDBI’s role in Capital Market can be identified by _____________.
    (a) Equity type assistance
    (b) Promoters
    (c) Capital
    (d) Debentures
  57. MM Theory suggests that dividend payment:-
    (a) Has a positive impact on the value of a firm
    (b) Has a negative impact on the firm
    (c) Has impact according to the percentage of dividend on the firm
    (d) Has no impact on the firm
  58. Which of the following statement is true:-
    (a) Call option is right to buy
    (b) European option can be exercised any time
    (c) Put option is a right to buy
    (d) American option can be exercised on expiry
  59. Maximum likelihood estimator μ in normal population is:-
    (a) Sample variance
    (b) Sample mean
    (c) Sample standard deviation
    (d) Sample median
  60. “Controlled Group” is a term used in _________.
    (a) Descriptive research
    (b) Historical research
    (c) Experimental research
    (d) Survey research
  61. Which of the following observation is evidenced against the semi strong of EMH?
    (a) 50% of fund manager outperform the market
    (b) High beta stock tends to have higher return than low beta stock
    (c) Stock prices rises after the announcement of profit and forecast
    (d) Fund manager on the average do not outperform the market
  62. Decisions which are non-repetitive and novel nature and required to solve unstructured problem is called as ___________.
    (a) Programmed decisions
    (b) Routine decisions
    (c) Strategic decisions
    (d) Non – programmed decisions
  63. Match the Following:-
    Part-A Part-B
    A.Simple Random Sampling i.Heterogeneous
    B.Stratified Random Sampling ii. Homogenous
    C.Cluster Sampling iii.Chronological list of units
    D.Systematic Sampling iv.Forest Tree type units

    (a) A- (ii); B-(i); C-(iv); D-(iii)
    (b) B- A- (iii); B-(i); C-(iv); D-(ii)
    (c) C- A- (iv); B-(iii); C-(ii); D-(i)
    (d) D- A- (i); B-(ii); C-(iii); D-(iv)

  64. In _________, machines and equipments are arranged in the order or sequence in which they are to be used for manufacturing the product.
    (a) Factory Layout
    (b) Product Layout
    (c) Combined Layout
    (d) Process Layout
  65. The structure of an OB model includes 3 levels of analysis individual, group and organizational systems. Issues that influence all 3 levels in various ways and thus affect behavioural dynamics are:-
    (a) Change and stress
    (b) Work design and technology
    (c) Organisational culture and commitment
    (d) Power and politics
  66. Misfeasance may be defined as:-
    (a) Breach of Duty Imposed by law
    (b) Negligence without any loss or damage
    (c) Loss or damage without negligence
    (d) Breach of duty to take care
  67. When the result of hypothesis testing are statistically significant, this means:-
    (a) The obtained probability is equal to or less than α
    (b) Rejecting the null hypothesis
    (c) Both (a) & (b)
    (d) Either (a) or (b)
  68. Quantitative methods of forecasting includes:-
    (a) Sale force composite
    (b) Technological forecast
    (c) Consumer market survey
    (d) Smoothing approach
  69. The degree of freedom for standard error of estimate are n-k-1. What does k stands for:-
    (a) Number of independent variable
    (b) Total number of variables
    (c) Number of observation
    (d) Mean of the sample value of dependent variable
  70. If type I and type II errors are fixed then the power of a test increases with:-
    (a) Not related to sample size
    (b) Decrease of sample size
    (c) Proportional to sample size
    (d) Increase in sample size
  71. _______ identified innovation as a characteristic of entrepreneur for the first time in 1934.
    (a) William Diamond
    (b) J.A. Schuumpeter
    (c) A.H.Cole
    (d) W.B.Gartner
  72. Which of the following is the first step in starting the research process?
    (a) Searching sources of information to locate problem
    (b) Searching for solutions to the problem
    (c) Survey of related literature
    (d) Identification of problem
  73. The Hawthome experiment was conducted by:-
    (a) F.W.Taylor
    (b) William Gilbreth
    (c) Hendry Fayol
    (d) Elton Mayo
  74. Action research means:-
    (a) A longitudinal research
    (b) A research initiated to solve an immediate problem
    (c) An applied research
    (d) A research with socioeconomic objective
  75. The sum of the square of deviations from mean is:-
    (a) Maximum
    (b) minimum
    (c) zero
    (d) uncertain
  76. “Leadership motivates the people to work and not the power of money”, this concept is related to:-
    (a) Autocratic model
    (b) Supportive Model
    (c) Custodial model
    (d) Collegial Model
  77. A portfolio with zero initial investment is possible when:-
    (a) All the securities/portfolio fall on efficient frontier
    (b) All portfolio offer same return irrespective of risk
    (c) Investors are risk neutral
    (d) Arbitrage opportunity exist
  78. __________________ is the systematic development of a project idea for the eventual purpose of arriving at an investment decision.
    (a) Project formulation
    (b) Project identification
    (c) Project feasibility
    (d) Project evaluation
  79. In the Cobb-Douglas production function the elasticity of substitution between factors is _______.
    (a) Equal to one
    (b) Less than one
    (c) Zero
    (d) Greater than one
  80. Characteristic line can be used:-
    (a) To relate risk and return
    (b) To bifurcate risk
    (c) To bifurcate return
    (d) To estimate expected return
  81. The demand curve for a product will shift outwards to the right when:-
    (a) The price of a substitute good rises
    (b) Consumer incomes fall
    (c) Consumers expect the price of the good to fall in the future
    (d) The price of the product itself falls
  82. Includes practices such as overstating the product’s features or performance, luring the customer to the store for a bargain that is out of stock, or running rigged contests.
    (a) Deceptive cost structure
    (b) Deceptive promotion
    (c) Deceptive pricing
    (d) Deceptive packaging
  83. To adopt the Sharpe index model for a portfolio of 40 stocks, the number of bits of information one needs are:-
    (a) 120
    (b) 102
    (c) 82
    (d) 122
  84. In economic theory, the term ‘Ceteris Paribus ‘ is used to indicate _______.
    (a) Other things are equal
    (b) Cost and revenue are constant
    (c) Demand and supply are equal
    (d) Condition of full employment exists
  85. Risk free rate of return = 5 %, market return = 10%, cost of equity=13%, value of beta is:-
    (a) 1.2
    (b) 1.5
    (c) 1.6
    (d) 1.8
  86. ______________ is a form of financing especially for funding high technology, high risk and perceived high reward projects.
    (a) Seed capital
    (b) Current capital
    (c) Venture capital
    (d) Fixed capital
  87. IPO grading has been started by:-
    (a) ICRA
    (b) FITCH
    (c) CARE
    (d) CRISIL
  88. Company X has a beta of 1.5. the expected return is 15% and the risk-free rate of interest is 5%. What is the market return:-
    (a) 12.33%
    (b) 10.33%
    (c) 15.67%
    (d) 6.67%
  89. If two goods are perfect substitutes to each other, then is necessarily follows that:-
    (a) An indifference curve relating to the two goods will be curvilinear
    (b) An indifference curve relating the two goods will be concave to the origin
    (c) An indifference curve relating the two goods will be convex to the origin
    (d) An indifference curve relating to the two goods will be linear
  90. A jobber is one who:-
    (a) Only buys the stock
    (b) Creates the job for another broker
    (c) Only sells the stock
    (d) Give two-way quotation
  91. An entrepreneur who owns more than one business at a time is called ________.
    (a) An intrapreneur
    (b) A portfolio entrepreneur
    (c) A corporate entrepreneur
    (d) None of the above
  92. Which of the following is an exchange risk management technique through which the firm contracts with a third party to pass exchange risk onto that party, via instruments such as forward contracts, futures, and options?
    (a) Risk avoidance
    (b) Risk transfer
    (c) Risk adaptation
    (d) Diversification
  93. A white marubozu is a:-
    (a) Candlestick with a long body and a long shadow
    (b) Candlestick with a short body and a long shadow
    (c) Closing price is equal to the lowest, and the opening price is equal to the highest
    (d) Candlestick with a long body and without shadow
  94. According to which theory will differences in nominal interest rates be eliminated in the exchange rate?
    (a) The Leontief paradox
    (b) The Fisher effect
    (c) The combined equilibrium theory
    (d) The PPP
  95. Risk lovers utility curves have:-
    (a) Negative slope
    (b) Positive slope
    (c) Convex to the origin
    (d) Negative and convex to the origin
  96. The value of an index contract is Rs.1,00,000. the value of the portfolio is Rs.6,00,000 and the portfolio beta is 1.5. the number of future contracts bought/sold is:-
    (a) 8
    (b) 9
    (c) 10
    (d) 6
  97. A short straddle is:-
    (a) Buying a put and call at the same price
    (b) Selling a put and buying a call at the same price
    (c) Selling a put and call at the same price and expiration date
    (d) Buying a put and selling a call at the same price
  98. Customer’s evaluation of the difference between all the benefits and all the costs of a marketing offer relative to those of competing offers refers to which of the following options?
    (a) Customer perceived value
    (b) Marketing myopia
    (c) Customer relationship management
    (d) Customer satisfaction
  99. In which one of the following situations, should a country pursue a cheap money policy ____________.
    (a) Gold is likely to flow outside the country
    (b) Price level is rising
    (c) BOP is unfavorable
    (d) Level of economic activities and employment is low
  100. Suppose a firm is producing at level of output, such that MR>MC what should be the firm do to maximize profit?
    (a) The firm should decrease price.
    (b) The firm should do nothing
    (c) The firm should increase output
    (d) The firm should hire less labor