1. Which one of the following is the main source of income for educational organisation?
Correct : D. All of the above
2. Major factors that influences educational finance is
Correct : A. Removal of disparities in educational opportunities
3. “Finance is the art and science of managing money”.Who says this?
Correct : A. Lawrence J. Gitman
4. Which one of the following is not the objective of financial management?
Correct : A. To ensure human capital development
5. Financial management is concerned with
Correct : B. Procurement and utilisation of funds
6. Which one of the following is not a source of income for educational organisation?
Correct : C. Loan from State Bank of India
7. The success of any business organisation depends on the
Correct : A. Knowledge of the workers
8. The main source of income of the educational institution is received from
Correct : D. The fee of students
9. Under centralised management, authority and powers rest in a/an
Correct : C. Central body
10. “Shareholder wealth” in a firm is represented by:
Correct : D. The market price per share of the firm’s common stock
11. The objective of financial management is to:
Correct : C. Maximize return on investment
12. “Financial management is that activity of management which is concerned with the planning, procuring and controlling of the firm’s financial resources”. Who says this?
Correct : C. Deepika& Maya Rani
13. “Financial management is an area of financial decision making, harmonizing individual motives and enterprise goals”. Who define this?
Correct : D. Weston and Brigham
14. “Financial management is the area of business management devoted to a judicious use of capital and a careful selection of sources of capital in order to enable a business firm to move in the direction of reaching its goals” Who says this?
Correct : C. J.F. Bradlery
15. “Financial management is properly viewed as an integral part of overall management rather than as a staff specially concerned with funds raising operations”.
Correct : C. Guthman and Dougal
16. “The activity concerned with the planning, raising, controlling and administering of funds
used in the business”. Who defines this?
Correct : D. Weston Brigham
17. The most common cause of financial problems are:
Correct : D. All of the above
18. A statement that projects management’s expectations for revenues and, based on those financial expectations, allocates the use of specific resources throughout the firm is called:
Correct : D. Resource budget
19. An example of fixed asset is
Correct : A. Live stock
20. The total cost that arises when the quantity produced is increased by one unit is called
Correct : B. The book value of the firm’s assets less the book value of its liabilities
21. ______ varies inversely with profitability.
Correct : A. Liquidity
22. _________ of a firm refers to the composition of its long term funds and its capital
structure.
Correct : A. Capitalisation
23. In finance, “working capital” means the same thing as
Correct : C. Current assets
24. Which of the following would be consistent with a more aggressive approach to
financing working capital
Correct : D. Financing some long term needs with short term funds
25. Which of the following is not the responsibility of financial management?
Correct : C. Preparation of the firm’s accounting statements
26. Uses of funds include a(an):
Correct : C. Tax refund
27. A capital investment is one that
Correct : A. Has the prospect of long term benefits
28. Which one of the following factors that influence educational finance?
Correct : A. Demand for education
29. The main problem of financing a scheme of post-secondary education that faced with serious difficulties
Correct : C. Inadequacy of funds
30. Modern industrial development has caused________
Correct : B. Economic imbalances
31. The control of________ is a very important problem because ‘power follows the purse’
and this power may be easily misused
Correct : D. Finance
32. Economists believe in the law of diminishing marginal utility’. This ‘utility’ means
Correct : C. Satisfaction
33. Efficiency can be much improved if there is only a________ planning.
Correct : C. Long term
34. It has been decided that______ of schooling will be made available to majority of our youth
Correct : A. 12 years
35. To solve the problem of mobility of population and overcrowding in the cities the government has to adopt
Correct : A. Appropriate measures both at the economic and educational levels
36. Which one is not educational finances needed for purposes in education?
Correct : D. Planning, organising, directing and controlling the financial activities
37. The most important method used in Ancient and medieval times in financing education is
Correct : A. Land grants and income yielding endowmwnts
38. One of the following is not include in the important activities in the field of education undertaken by UNESCO
Correct : D. Expansion of educational services
39. An important problem of social change, which cannot be solved by half-harted measures is
Correct : C. Age distribution of population
40. Besides the provision for special education, ___________ will require additional
adjustments in the policies of educational financing
Correct : A. Vocational education, professional training course etc
41. Managerial Behaviour means the behaviour, attitude, personality traits, intelligence, etc of the -
Correct : B. manager
42. The social qualities of a good administrator/ manager should comprise of –
Correct : D. all the above
43. Educational Leadership is a term applied to –
Correct : D. all the above
44. Leadership style refers to the –
Correct : C. behavior pattern of a leader
45. When the leader expects complete obedience from his followers and all decision making power is concentrated in the leader, it is called –
Correct : B. Autocratic style
46. When freedom is allowed to subordinates and they are given free hand in deciding their own policies and methods and the leader rarely interferes, it is called –
Correct : C. Laissez – faire style
47. When a leader acts like a father to his sub-ordinates and protects and guides them, it is
called –
Correct : B. Paternalistic style
48. Theory X and Theory Y of Leadership style was proposed by –
50. Achievement-Oriented style of leadership was given by –
Correct : B. Robert House
51. Managerial behaviour is mainly concerned with
Correct : B. leading the members of the organization efficiently
52. The opposite of democratic leadership is
Correct : C. authoritarian leadership
53. The general functions of a manager include –
Correct : D. all the above
54. Leadership style is mainly the result of the -
Correct : D. all the above
55. Personal characteristics of a good manager include -
Correct : D. all the above
56. In order to be a successful manager, one has to be -
Correct : D. all the above
57. Resources available in an educational institution include -
Correct : D. all the above
58. For successful administrative leadership, one needs to possess -
Correct : D. all the above
59. A good and effective manager should not be -
Correct : A. compassionate
60. The best style of leadership is –
Correct : D. Democratic style
61. The two extremes of leadership style are -
Correct : B. Autocratic and Laissez-Faire style
62. When sub-ordinates are encouraged to take initiative and to participate in decision making, it is called -
Correct : C. Democratic style
63. Path Goal Theory of Leadership was given by -
Correct : C. Robert House
64. Situational Theory of Leadership was given by -
Correct : D. Hersey & Blanchard
65. Which type of leader happens to be authoritarian, autocratic, task-oriented, rigid and strict?
Correct : A. X - style
66. Which type of leader happens to be supportive, democratic, participative and delegating?
Correct : B. Y - style
67. Telling style and Selling style of leadership was given by -
Correct : A. Hersey & Blanchard
68. The leadership styles given by Rensis Likert include –
Correct : A. Democratic, Participative, Benevolent and Exploitation styles
69. The leadership styles given by Robert House include -
Correct : C. Directive, Supportive, Participative and Achiement-oriented styles
70. The leadership styles given by Hersey and Blanchard include -
Correct : B. Telling, Selling, Participative and Delegating styles
71. Telling followers what needs to be done and giving appropriate guidance along the way is known as -
Correct : B. Directive style
72. Setting challenging goals in work and expecting high standards and success is known as –
Correct : B. Achievement – oriented style
73. Which leadership style is most effective when followers are at a very low level of maturity?
Correct : C. Telling style
74. Which leadership style is most effective when followers are at a very high level of maturity?
Correct : D. Delegating style
75. Which leadership style is best when the work is stressful, boring or hazardous?
Correct : C. Supportive style
76. Which leadership style is the odd one out?
Correct : C. Exploitative style
77. “Leadership is ultimately about creating a way for people to contribute to making something extraordinary happen”.Who said this?
Correct : B. Alan Keith
78. “Leadership is the ability to persuade others to seek defined objectives enthusiastically”. Who said this?
Correct : D. Keith Davies
79. “Leadership is the process of social influence in which one person can enlist the aid and support of others in the accomplishment of a common task”. Who said this?
Correct : C. M. Chemers
80. The factor which does not affect the managerial behaviour is
Correct : C. Geographical factor
81. Under decentralised management, all powers and responsibilities are distributed and
shared by
Correct : A. Central body
82. Opposite to autocratic leadership style is
Correct : A. Free-rein leadership style
83. Who named the two major types of leadership behaviour pattern as system oriented
and person oriented
Correct : C. Stogdill, Coins and Brown
84. The term ‘manager’ points out to a person whois holding a managerial position such as
Correct : D. All of the above
85. A leader who gives orders only after consulting the group is called
Correct : C. Democratic leader
86. The managerial behaviour is mainly
Correct : A. The preference for maintaining status quo
87. All decisions are centralised in
Correct : C. Autocratic leadership
88. Under centralised management, authority and powers rest in a/an
Correct : A. Local body
89. Which of the following factors determines education allocation
Correct : A. Constitutional provision
90. The term manager, in fact, is a________ concept
Correct : A. Multi-meaning
91. The variable determining the quality of managerial behaviour are
Correct : D. All of the above
92. What is one characteristic of a Laissez-faire leadership style?
Correct : A. Leader gives opinion only when asked
93. ________ is increasing leadership rapidly
Correct : D. Control
94. Regarding leadership, which statement is false?
Correct : B. Hierarchical structure of an organisation
95. According to leaders experts________, are what are called “action logics”.
Correct : A. Bill Torbert and David Rooke
96. _________ is one of the most effective leadership styles because it allows lower-level employees to exercise authority.
Correct : C. Democratic leadership
97. Under_______ the leader tends to reject an employee’s input if it conflicts with company policy or past practices.
Correct : A. Bureaucratic leadership
98. A marketing team that receives a scheduled bonus for helping generate a certain number of leads by the end of the quarter is an example of
Correct : B. Autocratic
99. ________ leadership is the least intrusive form of leadership
Correct : C. Laissez-faire
100. Transformational leadership is always________ and improving upon the company’s
conventions.