Signature and Name of Invigilator

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

MANAGEMENT
(To be filled by the Candidate)
Paper II
1. (Signature) __________________________
(Name) ____________________________

Roll No.

Note :This paper contains fifty (50) objective type questions, each
question carr ying two
(In figures as per admission card)

2. (Signature) __________________________
(2)marks. Attempt allthe questions.
(Name) ____________________________ Roll

No.____________________________
6.Earnings foregone(In
in words)
the context of

1.During last five years per capita

income of I ndia is increasing, that
the best alter native is ter med as
Test Booklet No.
means
(A)
Past cost
( A)
National income growth PAPER-II
of
(B) Historical cost
Time : 1 1 / hours] India is more than growth of
[Maximum Marks : 100
4
(C)
Opportunity
cost
MANAGEMENT
population.
(D) Sunk cost
( B) Growth in population is
Number of Pages in mor
this Booklet
:
12
Number of Questions in this Booklet : 50
e than the growth in

is
Instructions
National
for theincome
Candidates
of India.
7.A situation
where
management
( C)your roll numberNational
of the
I ndia
1.

unable

due

1. Write
in the spaceincome
provided on
top of&
to provide
employment
population of I ndia have
this page.
2. -
to

non-availability of work is
at the unifor
rate.
2. This paper consists ofgrown
fifty multiple-choice
type m
of questions.
3.

,
-

called
D)commencement
All of the above
3. At( the
of examination, the question booklet

I. Lock
out
II. Lay
off
will be given to you. In the first 5 minutes, you are requested

:
2.I
n the
thebooklet
shortand
run
fir m considers
the
to open
compulsorily
examine it as
below :
III.
Ter
mination
Closure
(i)
-

IV.

minimum
of
its
average
variable
(i) To have access to the Question Booklet, tear off the paper
Find

the

cor

rect

combination

-

cost
curve
as cover page. Do not accept a booklet
seal on
the edge
of this

to the
code.
according
( A)without sticker-seal
Break-even
pointan open booklet.
and do not accept
(ii)

((ii)B)Tally
Shutdown
(A)
I & II (B)-
II &
III
the numberpoint
of pages and number of questions in

the information
printed on the cover
( C)the booklet with
Economies
of scope
(C)
I /
&
III
(D)
II
&
IV

Faulty
due to pages/questions missing
( D)page.
None
of booklets
the above

or duplicate or not in serial order or any other
3.The
positive
cross
elasticity
of

8.Which one of the settlement

discrepancy should be got replaced immediately by a
demand
between
two
products

correct booklet from the invigilator within the period

is
here
methods
not relevant
for

of 5 minutes.
means Afterwards, neither the Question Booklet
norproducts
any extra time
be given.
disputes

( A)will be replacedtwo
arewill
substitutes
(A)
Collective
Bargaining
(iii)
this verification
over, the Test Booklet Number
(iii)

OMR

( B)After
two
products isare
should be entered
in
the
OMR
Sheet
and
the
OMR
Sheet
(B)
Compulsory

OMR

Adjudication

complementary
Number should be entered on this Test Booklet.

( C)
two products are neither
(C)
Voluntary Arbitration
4. Each item has four alternative responses marked (A), (B), (C)
4.

(A), (B), (C)

(D)
substitutes
nor
(D) Reference to
Civil
Court
and (D). You have to darken the oval as indicated below on the

complementary
correct response against each item.

(Example
D) none
of
theDabove
A BC
A BCD
:
9.Which
of
the
: following shows a
where
(C) is the correct
response.operates in the
4.A monopolist
always
situation
(C)

of Trade Union rivalr ies

5. Your
items are to be
indicated in
( A)responses to theInelastic
segment
oftheits Answer 5.

in
India
?

Sheet given inside the
Paper I cur
Booklet
demand
ve only. If you mark at

any
other than
in the ovalsof
in the
(A)
Different Unions in
( B)placeElastic
segment
itsAnswer Sheet, it will

not be evaluated.
different
organisations.
demand cur ve
6.

6. Read instructions given inside carefully.

( C)
Unitary elastic segment of
(B) Mor e unions in the same
7.
Work)

7. Rough Work is to be done in the end of this booklet.

(Rough

its demand curve
organisation
having
8. If you write your name or put any mark on any part of the test
8.

(booklet,
D) None
of the above
affiliation
with
different
except for the space allotted for the relevant entries,

which
disclose
your identity,
will render
parties
5.Themayprice
elasticity
of you
demand
foryourself

political

and

liable to disqualification.
any product in the long run
9.

representing

the

OMR
same

type
-
9. You
have to return theistestmore
question
booklet
andshort
OMR Answer
( A)
than
its
run

of
workers.
sheet to the invigilators at the end of the examination
value.

in the

(C)
More
unions
same
compulsorily and must not carry it with you outside the
(Examination
B) is less
than
its
short
run
value.
10.

Hall.
organisation all representing
(
C)
is
same
as
its
shor
t
run
11.

10. Use only Blue/Black Ball point pen.
different
types of workers.
value.

11. Use of any calculator or log table etc., is prohibited.

(D)
None
the
above.
( D) None of the above.
12.

of

12. There is no negative marks for incorrect answers.

D-0109
P.T.O.
J-17-10
Paper-1II 2 J-1710

17

10


--

-
II
-

--

:
(50)
(2)

6.

1.

(A)

( A)
-

(B)

( B)
(C)

(D)

( C)

--

7.
-

( D)

-
II.

- -
- I.
2.

-
-
III.
IV.

- :

-
( A)

(A)
I
II (B) II
II I
-
-

( B)

(C)
I
III (D) II
IV

( C)

( D)
8.
--

3.
-

?

(A)

(B)
( A)
-
-
-

( B)

(C)

-
(D)

( C)
-

( D)
--

9.

--

4.

( A)
--
-

--
--

(A)
-
( B)

( C)

(B)

--
, --
--

( D)

5.
-:

(C)

--

( A)

--

( B)

( C)

-
( D)
(D)
J-1710 3 Paper-II

10. Reduction of Labour Force is

called
( A) Termination
( B) Retrenchment
( C)
Lay-off
( D) Right sizing
11. The process of establishing the
value of jobs in a job hierarchy is
known as
( I)
Job analysis
( II) Job requirement
( III)
Job evaluation
( IV) Performance evaluation
Find the correct combination
according to the code.
( A) I & II ( B) II & III
( C)
III & IV ( D) I & IV
12. Which of the following is the
meaning of Human Resource
Planning ?
( A)
Evaluation of job
( B) Satisfaction of the
employees on the job
( C)
Appraising the perfor mance
of employees
( D) It is the process by which an
organisation ensures that it
has the right number and
kind of people at the right
place, at the right time.
13. I nduction r efers to
( A)
Giving training to the
employees.
( B) Giving incentive to the
employees.
( C)
Introducing employees to
the organisation culture and
situation.
( D) Increasing the morale of the
employees.
14. Which of the following is not a
fringe benefit ?
( A)
Transport
( B) Subsidised canteen facilities
( C)
Free education to the
children
( D) Dearness Allowance
Paper- II 4 J-1710

15.X and Y theory was prepared by

(A)
Herzbeg
(B) Maslow
(C)
Porter and Lawler
(D) McGregor
16.Which of the following formula is
used to calculate Pay Back Period
when cash inflows are constant ?
(A) Fixed Assets/Current Assets
(B) Fixed Assets/Current
Liabilities
(C)
Initial I nvestment
cost/Annual cash inf lows
(D) None of the above
17.The P/E ratio approach to stock
valuation is also known as
(A)
Earnings multiplier
approach
(B) Dividend discounting
approach
(C)
Required rate of return
(D) None of the above
18.The capital structur e theories
which argue that capital structure is
relevant to the value of firm
contain
I. Net Income Approach
II. Net Operating Income
Approach
III. Traditional Appr oach
IV. Modigliani and Miller
Approach
Find the cor rect combination
according to the code :
(A)
I & II are correct.
(B) I & III are correct.
(C)
III & IV are correct.
(D) II & IV are correct.
19.Short term f inancing instruments
may contain
I. Commercial Paper
II. Public Deposits
III. Term Loans
IV. Trade Credit
Find the cor rect 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 & IV are correct.

10.
( A)
( B)
( C)
( D)
11.
I.
I I.
I II.
I V.

( A)
( C)
12.
( A)
( B)
( C)
( D)

13.
( A)
( B)
( C)
( D)
14.
( A)
( B)
( C)
( D)

15.X

-
(A)

-
(B)

(C)

-

(
(D)

--

16.

-

- -
-

-

?-

(A)

(B)

(C)

--

-
--

--

(D)

- :

-

-

-
/

17.
I
II ( B) II
III

-
-
:

III
IV ( D) I
IV
-

(A)
--

-
-

(B)

(C)

? -

-
(D)

--

- -,

-

18.

I.
-

II.

III.

-

IV.

:
-

I
II

-
(A)

(B) I
III

III
IV

(C)
-

IV

(D) II

19.
-

I.
-
III.

II.

IV.

--

- :
?

(A)
I, II
III
-

(B) II, III
I V

-:
(C)

III
IV

(D) I, II
IV

J-1710 5 Paper-II

20. For calculating weighted average

cost of capital, cost of each source
of capital is multiplied by
pr oportion applicable to it. The
pr oportions may be based on
( A)
Book values only
( B) Target capital structure only
( C)
Market values only
( D) All of the above
21. Which of the following is not
included in 7 Ps of services
marketing ?
( A)
Process ( B) People
( C)
Pricing (D) Public relations
22. Which of the following is not a
stage in the new product
development ?
( A)
Generation of ideas
( B) Business analysis
( C)
Market segmentation
( D) Test marketing
23. I ndustr ial marketing involves
( A)
Business to Business
( B) Business to Customer
( C)
Customer to Customer
( D) Retailer to Consumer
24. The concept of Marketing Myopia
is propounded by
( A)
Philip Kotler
( B) C.K. Pr ahalada
( C)
Peter Drucker
( D) Theodore Levitt
25. I n which stage of product life
cycle, the company takes decision
whether to maintain, harvest or
dr op the product ?
( A)
Introduction (B) Growth
( C)
Maturity (D) Decline
Paper- II 6 J-1710

26.Which of the following is the best

technique to manage the existing
products ?
(A) Ansoff Matrix
(B) Balanced score card
(C)
BCG Matrix
(D) Product life cycle analysis
27.Which of the following is not an
element of production management ?
(A)
Plant (B) Profit
(C)
Process (D) People
28.Production Management Tactical
Planning decisions include
(A)
Establishing parameters for
measur ing oper ational
efficiency and productivity.
(B) Establishing quality
specifications and test
details.
(C)
Determining starting and
finishing time of each job in
the work stations.
(D) None of the above
29.Work study refers to
(A)
Analysis of wor k into
smaller parts followed by
re-arrangement of these
parts to give the same
effectiveness at lesser cost.
(B) Analytical investigation of
the methods involved in the
work.
(C)
Developing new methods to
give work effectiveness.
(D) All of the above
30.Economic lot size is known as
(A)
the lot size for which the
total cost per time period is
minimum.
(B) the ordering cost and
car rying cost are minimum.
(C)
the lot size that str ikes a
balance between ordering
cost and carrying cost.
(D) the quantity to be or dered
each time is fixed.

20.

( A)
( B)
( C)
( D)
21.
( A)
( C)
22.
( A)
( B)
( C)
( D)
23.
( A)
( B)
( C)
( D)
24.
( A)
( B)
( C)
( D)
25.

( A)
( C)

26.

-
, --

, -

?-

(A) -

(B)

()(C)

-

(D)

27.
--

---

? -

(A)
(B)
--

7 (C)
-

(D)
P s

-
?

- --

28.

(B)

( D)

(A)
-

-
--

(B)

(C)

-
-

-
(D)

29.

(A)

--
-

--

(B)

-
(C)

-
-

-
?

(D)
.
.

:
30.

(A)

(B)

-
-

(C)

(D)

( B)
-

( D)

J-1710 7 Paper-II

31. Objective of Value Engineering is

( A)
Reduce cost without
reducing the quality.
( B) Increase value without
increasing the cost.
( C)
Reduce cost by reducing the
quality.
( D) None of the above

36.If X is normally distributed with

mean 30 and s.d. 5 and
F (x)
denotes
x
( . 1 2
1
) e 2 t dt then P( 26 =X =
2p .

32. I f the independent var iates

xi
( i = 1, 2, ..n) are normally
distributed about a common mean,
a, with a common variance, s 2 ,
their mean is also normally
distributed about a, but with a
variance
( A)
ns 2
s2
( B)
n
( C) (
s 2 )n
sn
( D)
2

(A)

F (.8) + F (.2) and F (3) 1

2

(B)

F (2) F (.8) and 1 F (3)

2

(C)

F (2) F (.8) and 1 F (3)

2 +

(D)

F (.8) + F (2) and 1 F (3)

2

33. The weak law of large numbers is

another version of
( A) convergence in probability
( B) random number generation
( C)
financial probability law
( D) poisson probability law
34. The basic assumptions underlying
the t-test for the difference of two
sample means are that the parent
populations are ___________ and
population variances are
___________
( A) of any shape; equal and
known
( B) normal; equal and known
( C)
nor mal; equal but unknown
( D) normal; unequal but known
35. LAN stands for
( A)
Large Area Network
( B) Local Area Network
( C)
Long Accurate Network
( D) Lay Access Network
Paper- II 8 J-1710

40) and P (X =45) are given by

37.What enables the management to

find out whether the strategic
management process are
appropr iate, compatible and
functioning in the desirable
direction ?
(A)
Implementation control
(B) Special alert control
(C)
Premise control
(D) Strategic control
38.Which one is not the part of Michael
Porters five forces model ?
(A)
Threat of substitutes
(B) Fir ms core competence
(C)
Rivalry among existing
players
(D) Threat of new entrants
39.Which of the following strategy is
regarded unfair ?
(A)
Collusion
(B) Strategic alliance
(C)
Differentiation
(D) Turn around str ategy

31.
( A)
( B)
( C)
( D)
32.

( A)
( C) (
33.
( A)
( B)
( C)
( D)

36.

-

-

ns 2 ( B)
s 2 )n ( D)

s2
n
sn
2

=X =40)

2p

P(26

P (X =45)

2 +

(D)
37.

-

-

(
-
-

)
(A)

-(B)

(C)
-)

(D)

( B)
( C)
( D)
35.
( A)
( B)
( C)
( D)

-(LAN)

-
-

( A)

x
(. 1 2
e 2 t dt
).

F ( x)

xi ( i = 1, 2,
.. n)
F (3) 1
(A)
F (.8) + F (.2)
2
-
,
-:
,

,
s 2 , -

(B)
F (2) F (.8)
1
F (3)
2

, -
-
-

(C)
F (2) F (.8)
1
F (3)

-,

-
-

38.
-

________
(A)
-

________

(B)
;

(C)
-;

-
(D)
-;
-

-

-;-
-

39.

34.

(X)
30
s.d. 5

1
-

J-1710 9 Paper-II

(A)
(B)
(C)
(D)

F (.8) + F (2)

F (3)

--

-
--,

--
-

-
-
--

?-

-
-

-
-

--

-
-?

- -

(-
)
-

40. Which of the following

r elationship strategies result into
for ming of a new organisation ?
( A)
Strategic alliance
( B) Partnership
( C)
Joint venture
( D) None of the above
41. A growth strategy is designed to
increase
( A)
the scale and scope of the
Business oper ations.
( B) the corporate image of the
business.
( C)
corporate social
responsibility of business.
( D) none of the above.
42. Cost leadership str ategy is related
to
( A)
Functional strategy
( B) SBU strategy
( C)
Cor porate strategy
( D) Global strategy

46.What is the acronym for SIDBI ?

(A)

Short Investment
Development Bank of India.

(B) Stock Investment

Development Bank of India.
(C)

Small Investment
Development Bank of India.

(D) Small I ndustries

Development Bank of India.
47.Identify from the options given
below, which one is not a source of
business ethics ?
(A)

Religion

(B) Legal system

(C)

Culture

(D) Political system

43. Countries derive their competitive

advantage in international trade
through their
( A)
Comparative cost advantage
( B) Contribution to the World
trade
( C)
Natural endowments
( D) All of the above

48.Where law fails,

44. Which analysis helps to understand

the strength and weaknesses of a
f ir m ?
( A)
Environment analysis
( B) Business analysis
( C)
SWOT analysis
( D) None of the above

49.Which one of the options is not an

ethical issue for an or ganisation ?

45. Which one of the following is not the

social responsibility of business ?
( A)
Adopting village for
development.
( B) Providing drinking water
and medical facilities in
remote villages.
( C)
Construction of Temples.
( D) Opening in House R & D
department.
Paper- II 10 J-1710

(A) Ethics also fails

(B) Ethics can succeed
(C)

Government can pr otect

(D) None of the above

(A)

Save water

(B) Save energy

(C)

Save money

(D) Respect woman

50.Which of the following is an
example of an external threat ?
(A)

Economies of scale

(B) Decreased competition

(C)

New Trade Regulations

(D) Global sales potential

40.
( A)
( B)
( C)
( D)
41.
( A)
( B)
( C)
( D)
42.
( A)
( B)
( C)
( D)
43.
( A)
( B)
( C)
( D)
44.
( A)
( B)
( C)
( D)
45.
( A)
( B)
( C)
( D)

--

- 46.
-
-

?
(A)
- -

(B)

(C)

(D)

47.

(A)

(SIDBI)

--

(B)

(C)

-
(D)

-
-

48.

(A)
-

(B)

-
:

-

(C)

-
(D)

-
,

--

49.
-

, -

(
-)
-

?
-

(A)

(B)

(SWOT)
(C)

(D)
--

- 50.
--

--

-
(A)

-
- (B)

-
(C)
-

-
-

-

(D)

J-1710 11 Paper-II

Space For Rough Work

Paper- II 12 J-1710