Correct : B. a controlled inflation of moderate degree
2. Against which type of account a cheque can be drawn?
Correct : B. Current account
3. Which one is very sensitive to changes in iterest rate
Correct : C. Speculative demand for money
4. The price which covers the variable cost as well as the fixed price is
Correct : B. Long run price
5. F.W. Taylor introduced a system of working known as
Correct : C. Functional organisation
6. A certain community needs Rs. 185090.62 to cover its expenses. If its tax rate is Rs. 1.43 per Rs. 100 of assessed value, what must be the assessed value of its property
Correct : C. Rs. 12,943,400
7. The annual financial statement of the estimated income and expenditure for the ensuring year is known as
Correct : C. budget
8. Economic development of a country depends more on
Correct : B. Capital formation
9. Scheduling gives information as to
Correct : A. when work should begin and how much work should be completed during certain period
10. A rupee received in one year is not equivalent to a rupee received today, because the use of money has a value. This is the principal under
Correct : C. Present value method
11. Standing orders contain
Correct : E. Service conditions, leave, discipline rules etc., for workers
12. A consultant is usually compensated by way of
Correct : D. fee
13. Which one of the following represents an event
Correct : B. Concrete cured
14. Overtime payment is a
Correct : D. incentive
15. In India, telephone service comes under which market form
Correct : C. Monopoly
16. Which act provides for lay off and retrenchment compensation?
Correct : B. Workmen's Compensation Act
17. The economic function of middle-man is
Correct : E. All of the above
18. Placement is
Correct : A. Matching
19. Fringe benefit refer to
Correct : C. Non-wages
20. Finance for small scale industries is not provided by
Correct : C. Traveller's cheque
21. The economy of Soviet Union is
Correct : B. Command economy
22. If more is demanded at the same price or same quantity at a higher price, this fact of demand is known as
Correct : B. Increase of demand
23. Which falls under the category of joint supply
Correct : C. Rice and husk
24. According to census the number of males per 1000 females in India is approximately
Correct : E. 1050
25. The input-output analysis is often called as
Correct : A. Cost benefit analysis
26. Dispatching involves
Correct : A. starting the work
27. EXIM bank was established
Correct : B. to promote exports
28. Which of the following principal wage and salary issues and problems concerns the question of whether the entire pay structure is high, average or low in comparison with the general external labour market?
Correct : B. Pay level
29. An increase in demand that leads to an increase in wealth
Correct : E. All of the above
30. Consumer goods' means
Correct : A. All commodities for which there is a high demand by all types of consumers
31. An action probably engaged in by energetic manager is
Correct : C. Decision making
32. Which of the following is a public sector undertaking?
Correct : C. Instrumentation Ltd.
33. The symptoms of sickness of an industry are
Correct : D. All of the above
34. .An economy that does not permit product movements across its boundaries is known as
Correct : B. closed economy
35. The average annual birth rate in India per 1000 is
Correct : D. 30 to 40
36. People will tend to demand money if they think
Correct : C. The price of goods will rise
37. Essential attribute to wealth is
Correct : D. all of the above
38. A decrease in the quantity supplied to the market at given prices leads to
Correct : A. A higher price and a contraction of demand
39. Bar charts are suitable for
Correct : A. Minor projects
40. An event is indicated on the network by
Correct : B. A number enclosed in a circle or a square
41. A SIMO (simultaneous motion cycle) chart is
Correct : A. Graphic presentation of the separable steps of each pertinent body member of the individual
42. The employees Provident Fund act is acceptable to
Correct : D. The industries notified by Government
43. Wheniver a country devalues its currency, it generally stands to gain as a result of
Correct : B. increased exports
44. Affirmative ratio affects which staffing and appraisal subsets.
Correct : D. Appraisal
45. PERT has the following time estimates
Correct : D. Three time estimates
46. The term clearing house is associated with
Correct : A. banks
47. Time study is
Correct : A. The appraisal, in terms of time, of the value of work involving human effort
48. Pay level relates company wages to
Correct : C. External labour market conditions
49. Which of the following were not management thinkers
Correct : D. Galileo
50. Promoting people from within an organisation
Correct : E. All of the above
51. Which of the following will not happen if trade union forces up the wage bill?
Correct : B. More men will be employed because the higher wages attract them
52. Under the Apprenticeship Act
Correct : D. Only industries employing more than 500 workers have to recruit apprentices
53. Stock of raw materials held by a firm is known as its
Correct : C. circulating capital
54. Sellers reserve price means
Correct : A. The seller refuses to sell the product till the minimum price (covering the cost of production) is offered
55. The overall purpose of training, development is to
Correct : A. Increase organizational effectiveness
56. The approximate annual rate of growth of population in India is
Correct : A. 1 to 2.5 percent
57. Which of the following is not classified as consumer goods?
Correct : D. Machines
58. Which is not the pair of compliment goods?
Correct : E. Mustard oil and coconut oil
59. Standing orders are applicable to
Correct : B. Statutory
60. Various activities of project are shown on a bar chart by
Correct : B. Horizontal lines
61. Micro-hydel systems meet the power requirements of
Correct : C. rural areas
62. By the end of this century the target for nuclear power production is
Correct : C. 10,000 MW
63. Which of the following groups of income receivers would benefit from deflation?
Correct : A. Salary earners
64. Dispatching is
Correct : B. instructing an operator to begin work
65. Which of the following state has concentration of textile industries?
Correct : C. Gujrat
66. Indirect financial and non-financial forms of compensation are called
Correct : C. Benefits
67. Which of the following wage and salary criteria exerts the greatest influence on industry pay rates?
Correct : D. Prevailing pay level
68. Which question would best open up an interview?
Correct : E. All of the above
69. Micro-motion study is
Correct : A. Analysis of man-work method by using a motion-picture camera with a timing device in the field of view
70. Which of the following is a free port?
Correct : A. Kandla
71. For interpretation of Standing orders the workman can refer to
Correct : D. Labour court
72. Selection is
Correct : C. Hiring
73. The elasticity of demand explains the relationship between
Correct : B. Price and demand
74. Time versus output or wage versus incentive are part of problems involving
Correct : C. payment method
75. The greatest barrier to communication lies in
Correct : B. Human differences
76. Hindustan Copper Limited has main plant in Khetri which is in the state of
Correct : A. Rajasthan
77. Determining manpower requirements and ways of meeting those requirement is the process of
Correct : A. Human resource planning
78. When supply is fixed, the market price is determined by
Correct : A. demand
79. Which of the following is levied on goods imported into India?
Correct : A. customs duty
80. Standing orders are applicable to
Correct : E. All industries employing more than 100 workers
81. For efficient organisation the principle by which management should abide by
Correct : D. All of the above
82. NREP is the agency associated with
Correct : A. rural employment
83. Which of the following is capital good
Correct : E. Car for factory manager
84. Which one is not an economic good
Correct : D. Sand in desert
85. Lignite based power plant has been established in
Correct : D. Neyveli
86. People will tend to move out of money and into bonds if they think
Correct : A. The rate of interest is going to fall
87. Systematic evaluation of workers job performance and potential for cevelopment is called
Correct : C. Appraisal
88. The term 'OGL' is associated with
Correct : C. import of goods
89. Customers are likely to get a variety of goods under
Correct : B. Perfect competition
90. Which of the following is a necessary characteristic that must be present before an organiszation exists?
Correct : D. A group of people resolving a common objective
91. Communication is defined as
Correct : D. Transmitting information from one person, place or thing to another person, place or thing
92. The main advantage of indirect taxes is that
Correct : A. they are regressive in nature
93. Devaluation affects imports by making it
Correct : A. costher
94. The main advantage of line organisation is
Correct : E. All of the above
95. The law of demand indicates the relationship between
Correct : A. The price of a commodity and the quantity demanded
96. Salvaging means
Correct : D. Disposing off property which is no longer useful in present situation
97. In time study sone variations almost always occur from reading to reading for any element, even if the worker is not attempting to vary his pace. This variation is not caused by the following factors, among others
Correct : E. Random variations caused by electricity failures
98. Interest is not paid by banks on
Correct : E. Traveller's cheqe.
99. Which of the following is not the characteristics of human wants?
Correct : C. Wants are limited in number
100. Which act provides for medical care of workmen?