1. When social criteria is applied on investment decisions it is called ____
Correct : C. social screening
2. The recognition of the close link between an organization’s decisions and activities and its
impact on the natural environment is called __________.
Correct : B. greening of management
3. ……………. Generally refers to transparent business practices that are based on ethical
values, compliance with legal requirements, and respect for people, communities, and the environment.
Correct : A. corporate social responsibility
4. WBCSD stands for
Correct : A. world business council for sustainable development
5. In the process of production, capital equipment is worn out. The word used to described this process is
Correct : D. Depreciation
6. The political party to which Hind Mazdoor Sabah is affiliated is
Correct : D. Socialist Party
7. Industrial safety is defined as
Correct : A. Freedom from danger or injury, risk, or loss.
8. During contract negotiations what two rights are weighed against each other
Correct : D. A and B
9. A fall in demand for the product of a monopolised industry when predicted with lead to
Correct : D. All of the above
10. If you want to use a red pen but mass production of only blue pens is undertaken, your inability to exercise your sovereignty is because of
Correct : B. Standardized production
11. The major cause of unemployment in India is
Correct : D. All of the above
12. Nationalization means
Correct : A. Taking over, by the government, of existing privately run concerns
13. Differences in rates of interest charged from different customers arise due to
Correct : C. Differences in productivity
14. The 'free' good is so called because
Correct : E. None body wants it.
15. Indirect financial and non-financial forms of compensation are called
Correct : C. Benefits
16. The assumption in PERT is
Correct : C. A project can be sub-divided into a set of predictable, independent activities
17. A public sector undertaking
Correct : D. Is fully owned by Government
18. Retention of cost competitiveness is the function of
Correct : C. production planning and control
19. The size of the market for a product means
Correct : E. The volume of potential sales of the product
20. Which of the following contributes to indirect cost?
Correct : A. Training of workers
21. Through routing the engineers decide in advance
Correct : A. The flow of material in the plant
22. Demand for a commodity is elastic when
Correct : A. Change in price causes greater change in its demand
23. The largest source of revenue for state governments is generally
Correct : B. Sales tax
24. Who proposed that all human efforts can be measured in terms of a common unit partly composed of actual work and partly of compensating relaxation?
Correct : D. Bedaux
25. Improving the work force overtime is the aim of
Correct : E. Human resource auditing
26. How an executive interprets facts and events in accordance with beliefs and assumptions is best described by his
Correct : B. Managerial philosphy
27. The shareholders have limited liability in case of a
Correct : C. public limited company
28. The term 'balance of trade' is associated with
Correct : A. imports and exports
29. Motion study is not used for
Correct : E. Reducing inventory costs
30. Process planning consists of
Correct : C. specifying details of work
31. A bonus plan in which allowance is determined in terms of time for each unit of output instead of money is
Correct : A. hour-for-hour plan
32. Public goods are different from private goods because
Correct : D. Private goods can be consumed only by private individuals while public goods can be consumed by government and private citizens
33. M.T.M. helps in
Correct : E. All of the above
34. Job enrichment means
Correct : D. adding some planning and control to a job
35. Barter system can work successfully when
Correct : C. wants are limited
36. Standing orders act provides for penalties for
Correct : E. (A), (B) and (C) above
37. Safety guards on machines should be
Correct : A. always in position
38. Statistics show that the vast majority of all accidents result from
Correct : D. A combination of human, technical and environmental causes
39. The best source of revenue for States in India is
Correct : A. Sales tax
40. The price of diamonds is higher than the price of wheat because
Correct : E. Enough people have a higher subjective value of diamonds relative to wheat
41. Which of the following is not a factor management which must weight when deciding to establish particular kind of employee benefit
Correct : C. Productivity
42. Planning and control departments normally do not consist of
Correct : D. Printing section
43. The disadvantage of process layout system is
Correct : D. Production time is longer, requiring more goods in process
44. If the electric supply is not available in a factory the workers will show it as
Correct : D. Unavoidable delay
45. A process layout is generally suggested for
Correct : B. Batch production
46. Indian Railways are a
Correct : C. departmental operation
47. The financial position of a company is considered to be sound if
Correct : A. Sufficient funds are available under reserve and surplus
48. The sign of a country's development is
Correct : C. Higher per capita income
49. Which one is not a component of process?
Correct : D. Disassemble
50. Capital expenditure means
Correct : D. Expenditure on procurement of fixed assets
51. The cause of slow growth of national income in India is
Correct : A. rapid population growth
52. Machine loading means
Correct : E. Amount of work assigned to a machine
53. All of the following are the characteristics of socialism EXCEPT
Correct : D. Private sector to help public sector
54. Budget is the major instrument of
Correct : A. Fiscal policy
55. Recruiting is
Correct : B. Finding
56. Which is the proper requence
Correct : A. Recuriting selecting placing indoctrimating
57. Break even analysis requires
Correct : D. none of the above
58. The present value of a Rs. 100 payable one year from today its
Correct : D. Rs. 95 if the interest rate is 5%
59. A monopolist can charge a high price only for those commodities which have
Correct : B. inelastic demand
60. The retirement benefits for workmen are covered under
Correct : C. Employees Provident Fund Act
61. Emerson plan awards bonus based on time
Correct : C. worked
62. Common bases for monopoly include all of the following but
Correct : B. Extensive diseconomies of scale in production
63. In a factory the costs which increase as output increases are known as
Correct : B. Variable costs
64. The salient feature of functional organisation is
Correct : E. All of the above
65. PERT analysis is based on
Correct : D. All the above
66. In retractional flow system in plant layout
Correct : B. The flow is repeated for completing non-consecutive operations
67. EOQ stands for
Correct : D. Economic order quantity
68. The amount deducted from the salary of workers towards Employees Provident Fund is
Correct : E. Deposited in the account of workers with Provident Fund Commissioner
69. In break even analysis the total cost consists of
Correct : A. fixed cost
70. Which of the following represents joint supply?
Correct : D. Birds and Cages
71. The disadvantage of product layout is
Correct : A. High initial investment is required for the specialized facilities
72. Which of the following is the characteristic of national income distribution of India?
Correct : D. All of the above
73. In work study the symbol O implies
Correct : C. Transport
74. Which of the following is not an advantage of large scale production?
Correct : C. Full opportunities for exhibition of creative art
75. All of the following are the characteristics of mixed economy EXCEPT
Correct : C. Economic equality
76. Control of production is done through
Correct : B. follow up
77. Training current workers new skills may be best thought of as
Correct : B. Downgrading
78. Which does not apply to the point system?
Correct : D. Quickly constructed
79. Mixed economy is identified by
Correct : B. co-existence of public and private sectors
80. Human resource action programmes are commonly found in which of the following areas
Correct : E. All of the above
81. Which of the following wage and salary criteria refer to organizationally internal wage determinants?
Correct : A. Ability to pay
82. Queuing theory is associated with
Correct : E. Waiting time
83. Which of the following is the broadcast concept
Correct : B. Job analysis
84. Which of the following is a multination corporation?
Correct : A. IBM
85. The advertisement cost is included
Correct : C. Always in variable costs
86. If the price level rises with a marked change in real output this is known as
Correct : D. Revaluaion
87. Which of the following cheque is encashable at any branch of the issuing bank?
Correct : C. Traveller's cheque
88. PERT stands for
Correct : C. Project evaluation and review techniques
89. Upper limit for capital investment in small scale industries is
Correct : C. Rs. 35 lakhs
90. Demand for electricity is elastic because
Correct : C. It has number of alternatives uses
91. PERT is
Correct : E. All of the above
92. While estimating 'Economic Order Quantity' if uniform inflation rate is also taken into consideration as compared to conventional method
Correct : B. The lot size with inflation will increase
93. Which one of the following is a 'free good' in economics?
Correct : C. Water in Atlantic ocean
94. Which cheque can be encashed by any one
Correct : C. Bearer cheque
95. A monopolist makes maximum profits when
Correct : D. Sales are high
96. A joint sector undertaking
Correct : D. Is jointly owned by private parties and Government
97. The benefit of good communication in a factory is
Correct : E. Better profits
98. When two persons exchange their goods without bringing in money, it is known as
Correct : C. barter
99. Because cost of living raises are not earned, but are a condition of employment, they may be considered
Correct : C. Indirect compensation
100. Industrial safety is defined as
Correct : D. Freedom from danger or injury, risk or loss