Thursday, November 18, 2010

UGC NET Management 2008 solved paper

1. Data collection terminals gather data for use by the:
(a) Inventory subsystem
(b) Cost subsystem
(c) Production subsystem
(d) All of the above
Ans. (d)

2. Average inventory level is educed by:
(a) Decreasing the vender lead time
(b) Increasing the usage rate
(c) Decreasing the order quantity
(d) Lowering the reorder point
Ans. (c)

3. Below are given four different theories:
(1) Trait approach
(ii) Attitude criterion
(iii) Behaviour approach
(iv) Situational approach
These are identified with:
(a) Administrative behaviour
(b) Organizational behaviour
(c) Leadership index
(d) Administrative approaches
Ans. (c)

4. The manager of inventory would most likely be found in the:
(a) Finance function
(b) Marketing function
(c) Manufacturing function
(d) Information system function
Ans. (c)

5. Focus on Social Environment is related to:
(a) Unity of Command
(b) Human Relations
(c) Unity of Direction
(d) Delegation
Ans. (b)

6. Section 16 of the Banking Regulation Act, 1949 prohibits a person:
(a) To be appointed as director of banking company if he is an undischarged insolvent.
(b) To be appointed as director of banking company if he is not of sound financial position.
(c) To be appointed as director of more than one banking company.
(d) None of these
Ans. (c)

7. The funds management subsystem attempts to:
(a) Increase cash input
(b) Decrease cash output
(c) Balance cash inflow with outflow
(d) All of the above
Ans. (c)

8. The democratic leadership style goes with:
(a) Theory X
(b) Theory Y
(c) Theory Z
(d) None of the above
Ans. (b)

9. This type of information overlay indicates the key people who can accomplish something because they know the ropes.
(a) The decision overlay
(b) The power overlay
(c) The communication overlay
(d) The functional overlay
Ans. (b)

10. Delegation of authority results in:
(a) Avoiding responsibility
(b) Centralization of powers at top level
(c) Costliness of decision
(d) Enabling the managers to distribute their work load
Ans. (d)

11. Taylorism:
1. Viewed man as an adjunct of man.
2. Underestimated the meaning of human motivation.
3. Emphasized only a limited number of physiological variables.
4. Completely neglected the psychological aspects.
Select the correct code from the following:
(a) (l)+(2)
(b) (1)+(2)+(3)
(c) (l)+(3)+(4)
(d) All of the above
Ans. (d)

12. Which of the following markets is associated with short term funds?
(a) Money market
(b) Capital market
(c) Stock market
(d) Chamber of commerce
Ans. (c)

13. In India, the system of decimal coinage introduced on:
(a) 15th August 1947
(b) 26th January 1950
(c) 1st April 1957
(d) None of these
Ans. (a)

14. The most structured marketing problems are likely to be those dealing with:
(a) Product
(b) Promotion
(c) Place
(d) Price
Ans. (b)

15. The manager of inventory would most likely be found in the:
(a) Finance, function
(b) Marketing function
(c) Manufacturing function
(d) Information system function
Ans. (d)

16. One who does too much work is called
(a) A squealer
(b) A rate buster
(b) A chiseller
(d) None of the above
Ans. (b)

17. Companies are required to hold a meeting every year. What is the meeting called?
(a) Extra ordinary meeting
(b) Statutory meeting
(c) Committee meeting .
(d) Annual general meeting
Ans. (a)

18. The management of a company is vested in the hands of:
(a) Shareholders
(b) Directors
(c) Board of directors elected by shareholders
(d) Creditors
Ans. (c)

19. A popular technique for forecasting is:
(a) Correlation analysis
(b) Regression analysis
(c) Linear programming
(d) Month Carlo
Ans. (b)

20. Which of the following is not a component of the new issue market?
(a) Stock exchange
(b) Unit Trust of India
(c) Financial Institution like IFC, IDBI
(d) LIC
Ans. (d)

21. Bank deposits are money when they are:
(a) Lying with Bank
(b) In circulation
(c) Kept with government
(d) Kept with R.B.I.
Ans. (b)

22. Money is:
(a) Consumer goods
(b) Capital goods
(c) Producer goods
(d) Neither of them
Ans. (d)

23. “Papers on the Science of Administration” is written by:
(a) L. Urwick
(b) Gullick
(c) Both combined
(d) M. P. Follett
Ans. (c)

24. Find the correct answer regarding classical theory of organizations?
(i) It throws focus on human beings as such
(ii) It throws focus not on human beings as such but on the role
(iii) It is normally the dominant set of work relationship.
(iv) All of the above
(a) (i) and (ii) only
(b) (ii) and (iii) only
(c) (i) and (iii) only
(d) (iv) only
Ans. (b)

25. Full delegation is called:
(a) Alter-ego
(b) Shelter-ego
(c) Ego
(d) None of the above
Ans. (d)

26. The Modern Theory is also called the:
(a) System Analysis of Organizations
(b) Human Relations Theory
(b) Mechanistic Theory
(d) Structural Theory
Ans. (a)

27. Sales invoicing is a:
(a) Pre-sales activity
(b) Job of finance department
(c) Post-sales activity
(d) All of the above.
Ans. (a)

28. Managerial decision-making refers to:
(a) Programmed decisions
(b) Unprogrammed decisions
(c) Information system
(d) Operation system
Ans. (b)

29. Which of the following statement is true?
(a) Authority can not be delegated, but responsibility can be delegated
(b) Both authority and responsibility can be delegated
(c) Authority ca only be delegated
(d) Responsibility can only be delegated
Ans. (a)

30. Dynamic factors in trade theory refer to change in:
(a) Factor endowments
(b) Technology
(c) Tastes
(d) All of the above
Ans. (d)

31. The classical theory of organizations manifest following certain features which are:
(i) Impersonality
(ii) Division of work
(iii) Hierarchy
(iv) Efficiency
(a) (i) and (ii) only
(b) (iii) and (iv) only
(c) (i), iii and (iv) only
(d) (i), (ii), (iii) and (iv)
Ans. (d)

32. The line agency should not have:
(a) Operating unit
(b) Major substantial purpose
(c) Advisory and co-coordinating functions
(d) Independent staff
Ans. (b)

33. The difference between the line and staff units is:
(a) Marginal
(b) Qualitative
(c) Quantitative
(d) None of the above
Ans. (b)

34. Oral communication in Organisations are:
(a) Formal communication
(b) Information communication
(c) Discretionary communication
(d) All of the above
Ans. (b)

35. Structure variable is synonymous with:
(a) Task
(b) Relation
(c) Style
(d) Attitude
Ans. (a)

36. Effective supervision is an activity of:
(a) Organization function
(b) Staffing function
(c) Direction function
(d) Control function
Ans. (c)

37. Accent of human relation theory is:
(a) Action-Oriented
(b) Hierarchy-Oriented
(c) Organization-Oriented
(d) None of the above
Ans. (a)

38. Marketing research does not normally:
(a) Gather environmental information
(b) Provide a continuous source of information
(c) Relate to all aspects of. marketing operations
(d) Describe the current situation
Ans. (b)

39. A periodic report can be used to:
(a) Identify the problem
(b) Evaluate solution
(c) Identify solution
(d) Select solution
Ans. (a)

40. Corporate modeling software can be used for:
(a) Cash planning
(b) Operational budding
(c) Capital budgeting
(d) All of the above
Ans. (d)

41. The overall goal of Scientific Management is:
(a) Maximization of productivity
(b) Maximization of employment
(c) Higher industrial efficiency
(d) Greater profit to producers
Ans. (c)

42. Statutory meeting is needed for:
(a) All companies
(b) For a private company
(c) For a public company only
(d) For a statutory company only
Ans. (c)

43. Central Monetary Authority of the country is:
(a) Union Finance Ministry
(b) Reserve Bank of India
(c) Planning Commission
(d) Central Bank of Direct Taxes
Ans. (b)

44. How many nationalized banks are there in our country?
(a) Nineteen
(b) Twenty two
(c) Fourteen
(d) None of these
Ans. (a)

45. It is only implies the transfer of function and not of authority. The reference is to:
(a) Decentralization
(b) Co-ordination
(c) Delegation
(d) None of the above
Ans. (c)

46. The transfer of functions as well as authority is known as:
(a) Delegation
(b) Devolution
(c) Decentralization
(d) Promotion
Ans. (c)

47. Two-factor theory is related to:
(a) Leadership
(b) Motivation
(c) Communication
(d) None of the above
Ans. (b)

48. The ERG Theory is related to:
(a) Hertzberg
(b) Maslow
(c) Adam
(d) Alderfer
Ans. (d)

49. For McGregor, leadership condition that provides for security is/are:
(a) Knowledge
(b) Consistent discipline
(c) Atmosphere of approval
(d) All of the above
Ans. (d)

50. Economic analysis in the content of equity stock valuation is concerned with:
(a) Study of fiscal policies
(b) Study of monsoons
(c) Study of economic policies of the government
(d) All of the above
Ans. (d)

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CURRENT AFFAIRS PREPARATION PLAN

“Current Affairs” and “General Knowledge” cover many topics like from economy to sports or education to politics, or even technology to automobiles. In every second some issues are happening around the world in these sectors, and to accumulate the excerpt of some highlighted news, and memorize it is a good plan to prepare current affairs and GK.

Some Important Tips to Follow:

Read Newspapers regularly

We all know that “Old is Gold”, same thing applies here too. We need to make a habit of reading newspapers regularly. I’ll suggest you to read more than one newspaper. It will be better if you read one newspaper of your mother language, and other of English. Some useful newspapers are “The Times of India”, “The Hindu”, “The Telegraph” etc. You need to start this habit at least 6 months before the actual exam that will help you to get access to all the important events of that period of time.

You need to keep an eye on what’s happening around you in your country and world as well. Trust me guys, you will surely find it interesting after several days. We all know that staying updated is always a good idea, as it will stand you apart from the rest.

Read Magazines thoroughly

This is another great option to prepare the subject we are talking about. There are many leading magazines that focus on current affairs and General Knowledge. You need to buy it from your local magazine seller, and start reading it thoroughly. These magazines beautifully categorize the articles with its genres to make it interesting to read on. Some of the useful magazines are Pratiyogita Darpan andManorma.

Try to read some business magazines and sports magazines too along with a general magazine. This will increase your chances of cracking the competitive exams with ease. Some useful business magazines areBusiness Today, Business Line etc.

Follow News Channels

You will need to follow news channels at least once a day. Now most of the leading news channels are active for 24*7. You need to pick up a suitable time for yourself to watch any favorite news channel of yours. You can watch ABP News, NDTV, Times Now, ET Now, Zee News etc. Try to go through all the breaking and highlighted news, and make it a habit.

I know that watching news channels for long will bore you, so I’ll suggest you to allocate only 30 minutes for it in a whole day. All the leading ones shows the glimpses of all important events of the day quite frequently, so 30 minutes will be enough for you to boost up your current affairs and GK knowledge.

Maintain a Diary

My teacher used to tell me that whenever you learn something try to write it down in your diary, as it will help you to memorize it in a better manner. He is so right, as this method helped me a lot to score good marks in every exam that I appeared for. As I already mentioned before that a lot of events are occurring in the country and around the world, so it is easily understandable that it is not easy to remember everything. It’s always a superb idea to maintain a diary of current events.

You need to update this diary on a daily basis with all the events that you consider as important ones. This diary will become quite useful for the revision part, as it will provide you information about all the important events at a place. You should keep revising the diary frequently, as it will help you to memorize important names, dates, awards etc.

Channelize your Preparation Accordingly

All the competitive exams are not same, as all of them have different pattern, even when it comes to the same topic as ‘Current Affairs’ or ‘GK’. For example for civil services exam, you need to give importance on events of National value. On the other scenario, in matter of bank job exam, the focus should be on the news on banking sectors, and economic and business news.

Thus I’ll suggest you to prepare as per the exams you are appearing for, as channelizing your preparation according to the pattern of the exam will accelerate your chance of getting selected.

Use Internet Resources

“Google, YouTube and Wikipedia are my favorite teachers’; one of my friends told me this once. This is quite true indeed, so you should use all the available online resources to study current affairs and GK for exams. For example this blog is all about “Current Affairs”, so you can check this blog regularly by subscribing to us (check the sidebar for subscription options). You can actively take part some forums that are focusing on current events. The good part is you can follow the websites of all leadingnewspapers online if you don’t have enough time to read newspapers.

Use Social Networking Sites for Good

Believe me or not you can surely use social networking sites to your benefits. Especially to prepare current affairs and General knowledge Facebook, Twitter, LinkedIn and StumbleUpon may help you a lot. You can join some Facebook pages, or follow some twitter accounts that are related to current affairs. You can join our Facebook Page too for this matter, or connect with me at LinkedIn or circle me in Google Plus for all the information on recent happenings to boost up your General Knowledgeability.

Give Priority to your Strength

We usually find difficulties when we try to learn everything at once. In that process basically we study a lot, but remember a little. We need to first select our strength areas for our preparation. Try to givepriority to your strength areas. It may be Sports, economy, Government Affairs or technology. Suppose you are applying for Bank exams, then you should prepare industry related news. Along with that you may pick any 2-3 areas of your strength like sports or technology. You need to prepare these sections to the utmost level. I can assure you that these strategies will help you to score much better in Current Affairs section.

Participate in Online Quizzes

You should participate in some free quizzes that are available online to evaluate yourself. For this matter you can easily access our “Quiz Section”. This will give you proper idea whether you are ready for the big exam day or not. As an added factor it will also provide you confidence i.e. very much essential. You can download Monthly-wise current affairs questions from Here.