J12MTPII-1-10

 UGC NET Management (Paper-II) Mock Test June -2012  
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1.  Cardinal measure of utility is required in
Utility Theory
Indifference Curve Analysis
Revealed Preference
Inferior Goods

2.  A Right-ward shift in Demand Curve indicates
A decrease in supply
An increase in quantity supplied
An increase in supply over the previous year
Law of Variable Proportions

3.  Which of the following is the condition for equilibrium for Monopolist ?
MR = MC
MC = AR
MR = MC = Price
AC = AR

4.  Giffen goods are those goods
for which demand increases as price decreases
which are in short supply
which have high elasticity of demand
which gives rise to a Cob-Web situation.

5.  Match List-I with List-II and select the correct answer using the codes given below the lists.

List – I                                           List – II

(Demand Estimation Method)              (Steps involved)
(a) Customer Interview Method              (1) Consumers Interview
(b) Market Experiment Method              (2) Time series or Cross Section Data
(c) Regression Method                           (3) Market Stimulation
(d) Demand Forecasts                            (4) Market Experiments Survey
     (a) (b) (c) (d)
  1   3   4   2
  1   3   2   4
  2   4   3   1
  4   2   1   3

6.  Who divided all activities of the organisations into six groups ; Technical, Commercial, Financial, Security, Accounting and Managerial ?
Peter Drucker
D. E. Mc Forland
Henry Fayol
George R. Terry

7.  What are the elements that a Mission Statement of an Organisation should include ?
Self guidelines for Business Operations
Identifies the reasons for existence of a company and its responsibilities to the stakeholders.
Identifies the firms’ customers and their needs and matches them to the products and services.
All of the above (A), (B) and (C).

8.  Changes in population characteristics such as age, gender, race, marital status, income and education are examples of change :
Demographic
Cultural
Geographic
Diversity

9.  Which of the following is not included as Micro-Environmental Variables ?
Prevailing economic and political conditions.
Emerging new technologies
Financial conditions and culture
None of the above

10.  During his days at Midvale Steel Company F.W. Taylor saw that employees soldiering – deliberately working at a pace slower than their capabilities. He identified that, worker indulge in soldiering primarily for the following reasons :
Fear of losing jobs if they increase their output.
Faulty wage systems.
Out-dated methods of working
All of the above

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Mr U Sangam Kumar Patro , 4th semester, ICT

Thank you Sangam  !!!