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Jun’25 Management

Note : Use the Full Screen mode for the best exam experience.

1. There are 100 questions in the test.
2. Every question carries 2 marks.
3. No Negative Marking.

Time Limit : 2 hours

1 / 99

Match List – I with List – II :

List – I [Concept]
A. Personnel management
B. Human Resource management
C. Industrial relation
D. International HRM

List – II [Description]
I. Focuses on profit maximization by contributing by the people
II. Managing employee, employer relations amicably
III. Managing Human resource challenges of international operations
IV. Developing attitude of the people for their best contribution

Choose the correct answer from the options given below :

2 / 99

Match List – I with List – II :

List – I [Description]
A. The probability of both success and failure remains constant
B. The mean of distribution may be negative or positive
C. The sum of all probabilities is equal to 1
D. The probability of occurrence of an outcome within a very small time period is very small

List – II [Term]
I. Binomial Distribution
II. Poisson Distribution
III. Normal Distribution
IV. Random Variable

Choose the correct answer from the options given below :

3 / 99

The Cost of Capital is :

4 / 99

According to eclectic theory of foreign direct investment, foreign direct investment will occur on which of the following conditions when they are to be uniquely combined ?

A. Ownership
B. Location
C. Market power
D. Internationalization
E. Vertical integration

Choose the most appropriate answer from the options given below :

5 / 99

Which of the following is not a determinant of demand ?

6 / 99

Match List – I with List – II :

List – I [Women Entrepreneur]
A. Richa Kar
B. Kiran Mazumdar Shaw
C. Kalpana Saroj
D. Falguni Nayar

List – II [Enterprise]
I. Zivame
II. Kamani Tubes
III. Biocon Limited
IV. Nykaa

Choose the correct answer from the options given below :

7 / 99

Arrange the steps involved in the case-based reasoning

A. System finds closest fit and retrieves solution
B. System asks user additional questions to narrow search
C. System modifies the solution to better fit the problem and got successful
D. System searches data base for similar cases
E. User describes the problem

Choose the correct answer from the options given below :

8 / 99

Arrange the steps in rational decision making.

A. Evaluate the alternatives
B. Develop the alternatives
C. Allocate weights to the criteria
D. Identify the decision criteria
E. Define the problem

Choose the correct answer from the options given below :

9 / 99

Which of the following is the right sequence of Employability Skills Matrix (ESM) ?

10 / 99

Which of the following are methods of dispersion ?

A. Median
B. Mean
C. Mean deviation
D. Standard deviation
E. Range

Choose the correct answer from the options given below :

11 / 99

Match List – I with List – II :

List – I [Theory]
A. Trait theory of leadership
B. Behavioural theory of leadership
C. Cognitive resource theory
D. Situational leadership theory

List – II [Description]
I. Focuses of followers readiness
II. Stress unfavourably affects a situation that can reduce influence of the leader
III. Specific behaviour differentiates leaders from non leaders
IV. Personal qualities and characteristics that differentiates from non leaders

Choose the correct answer from the options given below :

12 / 99

Read the following paragraph and answer the questions :

One of numerous executive orders of the President aims to achieve global price parity for prescription drugs sold in the Country X. This move offers hope to many citizen’s burdened by high healthcare costs. Enforcing this rule in practice, however, might be challenging because it might entail into import-export rules that don’t align with existing legislation of Country X. Similar to President’s previous attempts to lower drug prices during his first term, this move could also encounter legal challenges. However, the government can take some action against large pharmaceutical companies, commonly referred to as ‘Big Pharma’, by encouraging less expensive generic drugs and putting an end to unfair practices that delays their release. Perhaps, the Country X pharmaceutical companies have not yet responded negatively to it possibly because the new order has little effect on their profits.

The majority of Indian pharmaceutical exports to Country X fall into the low profit generic drugs market, which is less vulnerable to President’s regulations of Country X. Indian businesses might not receive preferential treatment for their branded medicines as the Country X might prefer to purchase them from developed countries like Germany, UK or France. Additionally, as evidenced by trade negotiation with China, the Country X views pharmaceuticals as a sensitive area and might continue imposing special import duties on them. Generic medications from India are currently free from import duties in the Country X. However it might now insist on the same tariff-free treatment for its own Pharmaceutical exports to India. Meanwhile, India has established a solid international reputation as a supplier of affordable medications. It can bargain for better trade conditions by using this image.

Which of the following best sums up the significance of Indian generics for the affordability of healthcare in the Country X ?

A. They are less expensive
B. Country X import duties donot apply to them
C. They are mainly used to treat life-threatening diseases.
D. They contribute to lower overall healthcare costs.
E. They serve as alternatives to branded drugs.

Choose the most appropriate answer from the options given below :

13 / 99

Arrange the process of capital budgeting in proper sequence.

A. Identification of potential investment opportunities
B. Decision making
C. Assembling of proposed investments
D. Preparation of capital budget and appropriation
E. Implementation

Choose the correct answer from the options given below :

14 / 99

When NPV and IRR give different rankings, which of the following problem is the cause of disparity that arises when the initial investment in mutually exclusive projects is different ?

15 / 99

Which of the following is the condition where χ² (chi-square) should not be applied ?

16 / 99

A channel structure in which producers, wholesalers and retailers act as a unified system is :

17 / 99

Which of the following are characteristics of a Normal probability distribution ?

A. The two tails of normal curve extend to infinity in both directions and never touch horizontal axis.
B. Normal curve is symmetrical around vertical line.
C. The values of mean, median and mode are equal.
D. Mean and variance of the distribution are equal.
E. Mean and standard deviation are equal.

Choose the correct answer from the options given below :

18 / 99

Which of the following statements are True ?

A. Preference capital represents a hybrid form of financing.
B. Preference capital carries definite legal obligation.
C. Retained earnings represent the profits ploughed back in the business.
D. Disadvantages of equity capital are that it represents a permanent source of finance.
E. Equity share holders do not have right to claim over assets in the event of liquidation.

Choose the correct answer from the options given below :

19 / 99

Which of the following are the new organization structure ?

A. The team structure
B. The virtual structure
C. Boundary less structure
D. The Matrix structure
E. The sample structure

Choose the correct answer from the options given below :

20 / 99

Match List – I with List – II :

List – I [Types]
A. Predatory pricing
B. Deceptive pricing
C. Price unbundling
D. Basing point pricing

List – II [Description]
I. A geographical pricing strategy where seller designates same city and charges all customers the freight cost from that city
II. Where a firm reduces its prices with the aim of driving out of competitions
III. When consumers are mislead by price deals offered by companies
IV. Pricing each element in the offering so that the price of the total package is raised

Choose the correct answer from the options given below :

21 / 99

Receipts of interest on foreign investments and royalties on trade marks held abroad are reflected in which of the following part of the Balance of Payment ?

22 / 99

Which of the following is not a non-probability method of selecting samples from a population ?

23 / 99

Match List – I with List – II :

List – I [Methods]
A. Net present value
B. Internal rate of return
C. Profitability index
D. Payback period

List – II [Description]
I. Ratio of PV of inflows to investment
II. Rate where NPV = 0
III. Present value of inflows – Present value of outflows
IV. Time to recover initial cost

Choose the correct answer from the options given below :

24 / 99

Encouraging customer switching to a brand is :

25 / 99

Match List – I with List – II :

List – I [Description]
A. Goodwill associated with a brand name, which adds tangible value and more profits
B. The use of an established brand name as a new brand within same brand market
C. The use of an established brand name for brands in unrelated market
D. The extent to which consumers perceive a brand to be faithful to its essence

List – II [Term]
I. Brand extension
II. Brand authenticity
III. Brand stretching
IV. Brand equity

Choose the correct answer from the options given below :

26 / 99

Which of the following are components of Agile supply chain ?

A. Virtual
B. Market sensitive
C. Pickup fulfillment
D. Process integration
E. Store based fulfillment

Choose the most appropriate answer from the options given below :

27 / 99

Which of the following is NOT the characteristic of strategic decisions that deals with the long-run future of an entire organization ?

28 / 99

Which of the followings are the types of personality according to Holland’s Typology ?

A. Realistic
B. Investigative
C. Social
D. Extrovert
E. Introvert

Choose the correct answer from the options given below :

29 / 99

Cross elasticity of demand refers to :

30 / 99

Arrange the stages of group development in proper sequence.

A. Performing
B. Norming
C. Storming
D. Forming
E. Adjourning

Choose the correct answer from the options given below :

31 / 99

A relatively large, low cost, high volume, self-service operation designed to serve the consumer’s needs for household products is :

32 / 99

Which one of the following is not the method of performance appraisal ?

33 / 99

Which of the following is NOT a part of 4Ps of the marketing mix ?

34 / 99

Match List – I with List – II :

List – I
Theories
A. Hierarchy of need theory
B. Theory X and Theory Y
C. Two factor theory
D. Expectancy theory

List – II
Propounder
I. Abraham Maslow
II. Douglas McGregor
III. Fedric Herzberg
IV. Victor Vroom

Choose the correct answer from the options given below :

35 / 99

Sequence the steps for Vogel’s approximation method.

A. Assign largest quantity as per rim requirements to the cell in the row/column with smallest cost.
B. Select largest difference of rows/columns
C. Find difference between the two unallocated least cost cells from each row and each column
D. Eliminate the row/column that has been satisfied.
E. Check all rim requirement conditions are met

Choose the correct answer from the options given below :

36 / 99

Read the following paragraph and answer the questions :

One of numerous executive orders of the President aims to achieve global price parity for prescription drugs sold in the Country X. This move offers hope to many citizen’s burdened by high healthcare costs. Enforcing this rule in practice, however, might be challenging because it might entail into import-export rules that don’t align with existing legislation of Country X. Similar to President’s previous attempts to lower drug prices during his first term, this move could also encounter legal challenges. However, the government can take some action against large pharmaceutical companies, commonly referred to as ‘Big Pharma’, by encouraging less expensive generic drugs and putting an end to unfair practices that delays their release. Perhaps, the Country X pharmaceutical companies have not yet responded negatively to it possibly because the new order has little effect on their profits.

The majority of Indian pharmaceutical exports to Country X fall into the low profit generic drugs market, which is less vulnerable to President’s regulations of Country X. Indian businesses might not receive preferential treatment for their branded medicines as the Country X might prefer to purchase them from developed countries like Germany, UK or France. Additionally, as evidenced by trade negotiation with China, the Country X views pharmaceuticals as a sensitive area and might continue imposing special import duties on them. Generic medications from India are currently free from import duties in the Country X. However it might now insist on the same tariff-free treatment for its own Pharmaceutical exports to India. Meanwhile, India has established a solid international reputation as a supplier of affordable medications. It can bargain for better trade conditions by using this image.

Which of the following statement is correct as per the paragraph ?

37 / 99

Read the following paragraph and answer the questions :

One of numerous executive orders of the President aims to achieve global price parity for prescription drugs sold in the Country X. This move offers hope to many citizen’s burdened by high healthcare costs. Enforcing this rule in practice, however, might be challenging because it might entail into import-export rules that don’t align with existing legislation of Country X. Similar to President’s previous attempts to lower drug prices during his first term, this move could also encounter legal challenges. However, the government can take some action against large pharmaceutical companies, commonly referred to as ‘Big Pharma’, by encouraging less expensive generic drugs and putting an end to unfair practices that delays their release. Perhaps, the Country X pharmaceutical companies have not yet responded negatively to it possibly because the new order has little effect on their profits.

The majority of Indian pharmaceutical exports to Country X fall into the low profit generic drugs market, which is less vulnerable to President’s regulations of Country X. Indian businesses might not receive preferential treatment for their branded medicines as the Country X might prefer to purchase them from developed countries like Germany, UK or France. Additionally, as evidenced by trade negotiation with China, the Country X views pharmaceuticals as a sensitive area and might continue imposing special import duties on them. Generic medications from India are currently free from import duties in the Country X. However it might now insist on the same tariff-free treatment for its own Pharmaceutical exports to India. Meanwhile, India has established a solid international reputation as a supplier of affordable medications. It can bargain for better trade conditions by using this image.

What conclusion can be drawn regarding the present position of the Country X pharmaceutical industry with regard to executive order ?

38 / 99

Which of the following assumptions are central to the pecking order theory of capital structure ?

A. Managers have more information about their firm’s value than investors
B. Asymmetric information exist between managers and the investors
C. Issuing equity indicates that the current share price is overvalued
D. Firms always aim for well-defined debt equity target
E. Equity is cheaper than debt as free source of raising finance

Choose the correct answer from the options given below :

39 / 99

Finance function involves :

40 / 99

Read the following paragraph and answer the questions :

Teresa worked as a caregiver for years and when her husband passed away she was completely lost. Fighting grief and housing instability, she turned into a junior assistant cum typist (JACT) at a university. She initially felt shame, wondering if she was worth anything. One day, her Section Officer made her as a ‘custodian’ for people and places. After that she felt noticed and appreciated, and so began 18 rewarding years in position.

This is the focal point of mattering – that feeling of being valued and recognition creates value. It’s even more deeper than belonging and is critical to motivation, mental well-being, and retention. But currently, many employees feel invisible and undervalued, which leads to disengagement, burnout and low morale. In spite of investments in the workplace, a ‘mattering deficit’ persists because mattering is constructed through everyday human interactions, not perks or policies.

To engage mattering, leaders need to look and listen to their teams, notice difficulties, listen and ask substantive questions. Compassionate acts and follow-ups create trust. Affirming people’s strength, narrative and purpose reinforce their distinct value. Sharing impact stories, such as how JACT made spaces joyful, moves the purpose deeper. Individuals also believe that they matter when they see how small efforts relate to larger goals -such as NASA employees connecting what they do to landing a man on moon. Essentially, building a culture of mattering means leaders to consistently demonstrate to people they are noticed, heard, valued and required. Its easy to talk about in theory, but not common practice-but revolutionary when it is executed correctly.

Which of the following statement is NOT supported by the passage ?

41 / 99

Which of the following behaviour corresponds to the statement “Discretionary behaviour that contributes to the psychological and social environment of the workplace” ?

42 / 99

Match List – I with List – II :

List – I [Term]
A. Transparency
B. Accountability
C. Responsibility
D. Fairness

List – II [Description]
I. Protection of stakeholder’s interests
II. Clear and accurate disclosure of material facts
III. Answerability for decision and actions
IV. Ethical conduct and compliance with law

Choose the correct answer from the options given below :

43 / 99

Arrange the following five steps of resource-based approach to strategy analysis proposed by Grant.

A. Identify resource gaps and invest in upgrading weaknesses.
B. Select the strategy that best exploits the firms’ capabilities relative to external opportunities.
C. Appraise the profit potential of these capabilities in terms of their potential for sustainable competitive advantage.
D. Combine the firm’s strength into specific capabilities.
E. Identify and classify the firm’s resources in terms of strength and weaknesses.

Choose the correct answer from the options given below :

44 / 99

The ‘Leontiff Paradox’ is in contradiction of which of the following theory ?

45 / 99

Advantages of decentralization are :

A. No duplication of efforts or resources.
B. Reduces problem of communication and red tape.
C. Strong central leadership develops which may required in crisis.
D. Coordination of activities of subordinates are better achieved.
E. Ensures the development of employees.

Choose the correct answer from the options given below :

46 / 99

Read the following paragraph and answer the questions :

Teresa worked as a caregiver for years and when her husband passed away she was completely lost. Fighting grief and housing instability, she turned into a junior assistant cum typist (JACT) at a university. She initially felt shame, wondering if she was worth anything. One day, her Section Officer made her as a ‘custodian’ for people and places. After that she felt noticed and appreciated, and so began 18 rewarding years in position.

This is the focal point of mattering – that feeling of being valued and recognition creates value. It’s even more deeper than belonging and is critical to motivation, mental well-being, and retention. But currently, many employees feel invisible and undervalued, which leads to disengagement, burnout and low morale. In spite of investments in the workplace, a ‘mattering deficit’ persists because mattering is constructed through everyday human interactions, not perks or policies.

To engage mattering, leaders need to look and listen to their teams, notice difficulties, listen and ask substantive questions. Compassionate acts and follow-ups create trust. Affirming people’s strength, narrative and purpose reinforce their distinct value. Sharing impact stories, such as how JACT made spaces joyful, moves the purpose deeper. Individuals also believe that they matter when they see how small efforts relate to larger goals -such as NASA employees connecting what they do to landing a man on moon. Essentially, building a culture of mattering means leaders to consistently demonstrate to people they are noticed, heard, valued and required. Its easy to talk about in theory, but not common practice-but revolutionary when it is executed correctly.

What does the term ‘mattering’ mean in the passage ?

47 / 99

Read the following paragraph and answer the questions :

Teresa worked as a caregiver for years and when her husband passed away she was completely lost. Fighting grief and housing instability, she turned into a junior assistant cum typist (JACT) at a university. She initially felt shame, wondering if she was worth anything. One day, her Section Officer made her as a ‘custodian’ for people and places. After that she felt noticed and appreciated, and so began 18 rewarding years in position.

This is the focal point of mattering – that feeling of being valued and recognition creates value. It’s even more deeper than belonging and is critical to motivation, mental well-being, and retention. But currently, many employees feel invisible and undervalued, which leads to disengagement, burnout and low morale. In spite of investments in the workplace, a ‘mattering deficit’ persists because mattering is constructed through everyday human interactions, not perks or policies.

To engage mattering, leaders need to look and listen to their teams, notice difficulties, listen and ask substantive questions. Compassionate acts and follow-ups create trust. Affirming people’s strength, narrative and purpose reinforce their distinct value. Sharing impact stories, such as how JACT made spaces joyful, moves the purpose deeper. Individuals also believe that they matter when they see how small efforts relate to larger goals -such as NASA employees connecting what they do to landing a man on moon. Essentially, building a culture of mattering means leaders to consistently demonstrate to people they are noticed, heard, valued and required. Its easy to talk about in theory, but not common practice-but revolutionary when it is executed correctly.

Which of the following are least effective in producing a sense of mattering ?

A. Providing health insurance benefits
B. Changing uniform
C. Celebrating birthdays
D. Ignoring JACT suggestion
E. Weekly department meetings

Choose the most appropriate answer from the options given below :

48 / 99

Which ratio measures the amount that investors are willing to pay for each rupee of earnings; where higher the ratio, the larger the investors confidence in the firm’s future ?

49 / 99

Which transactions are classified as operating activities ?

A. Sold manufacturing plant
B. Collected bills receivables from customers
C. Purchase of building
D. Paid to suppliers
E. Issued equity shares at a premium

Choose the most appropriate answer from the options given below :

50 / 99

Which of the followings are the risks associated with the Generic competitive strategies suggested by Porter ?

A. Risk of Human Resources
B. Risk of Cost leadership
C. Risk of strategic rollup
D. Risk of differentiation
E. Risk of focus

Choose the most appropriate answer from the options given below :

51 / 99

Which of the following is not essential for nurturing Intrapreneurs ?

52 / 99

Arrange the steps in implementing an HRIS.

A. Inception of Idea
B. Feasibility study
C. Selecting a project team
D. Vendor analysis
E. Defining requirements

Choose the correct answer from the options given below :

53 / 99

Idle capacity costs due to avoidable causes are transferred to which of the following heads/accounts ?

54 / 99

In designing an agent in AI, PEAS stands for :

55 / 99

According to MM theory, the market price of the share will :

56 / 99

Arrange the following steps in the correct sequence in the budgetary control system.

A. Preparation of budgets for different departments.
B. Comparison of actual performance with budgeted figures
C. Establishment of objectives and budget key factors
D. Analysis of variances
E. Taking correlative actions

Choose the correct answer from the options given below :

57 / 99

Type II error occurs when :

58 / 99

Which of the following is not the type of start up firms ?

59 / 99

Which of the followings imply Flat Organisation ?

A. High level of Decentralization
B. Narrow span of control
C. Impersonality
D. Less extended communication lines
E. Distance from top to bottom

Choose the correct answer from the options given below :

60 / 99

Extending an existing brand name to new forms, colours, sizes or flavours of an existing product category is :

61 / 99

Which of the following are implications of e-HRM ?

A. PERT
B. CPM
C. Recruitment
D. Selection
E. Training

Choose the correct answer from the options given below :

62 / 99

Read the following paragraph and answer the questions :

Teresa worked as a caregiver for years and when her husband passed away she was completely lost. Fighting grief and housing instability, she turned into a junior assistant cum typist (JACT) at a university. She initially felt shame, wondering if she was worth anything. One day, her Section Officer made her as a ‘custodian’ for people and places. After that she felt noticed and appreciated, and so began 18 rewarding years in position.

This is the focal point of mattering – that feeling of being valued and recognition creates value. It’s even more deeper than belonging and is critical to motivation, mental well-being, and retention. But currently, many employees feel invisible and undervalued, which leads to disengagement, burnout and low morale. In spite of investments in the workplace, a ‘mattering deficit’ persists because mattering is constructed through everyday human interactions, not perks or policies.

To engage mattering, leaders need to look and listen to their teams, notice difficulties, listen and ask substantive questions. Compassionate acts and follow-ups create trust. Affirming people’s strength, narrative and purpose reinforce their distinct value. Sharing impact stories, such as how JACT made spaces joyful, moves the purpose deeper. Individuals also believe that they matter when they see how small efforts relate to larger goals -such as NASA employees connecting what they do to landing a man on moon. Essentially, building a culture of mattering means leaders to consistently demonstrate to people they are noticed, heard, valued and required. Its easy to talk about in theory, but not common practice-but revolutionary when it is executed correctly.

What leadership behaviour most directly foster mattering in the long term, according to the passage ?

63 / 99

Which of the following types of entrepreneurs are based on personality traits ?

A. Franchises
B. The real manager
C. The achiever
D. Industrial entrepreneur
E. Owner-cum-manager

Choose the most appropriate answer from the options given below :

64 / 99

Sequence the following activities in the process of standard costing.

A. Establishing standard cost
B. Measurement of actual cost
C. Identifying variance and causes of variance
D. Disposing the variance to cost and profit centres
E. Comparison of actual and standard costs

Choose the correct answer from the options given below :

65 / 99

Arrange the steps for calculating portfolio expected return.

A. Multiply weight of each asset with its expected return
B. Add all the weighted return
C. Identifying weights of individual securities
D. Compute expected return of the portfolio

Choose the correct answer from the options given below :

66 / 99

When the responsibility, scope and challenges in work is deliberately upgraded, it is known as :

67 / 99

Countries try to hold the value of their currencies within some range against an important reference currency or a ‘basket’ of currencies, is referred to as :

68 / 99

Which one of the following is not the Central Trade Union of India ?

69 / 99

Match List – I with List – II :

List – I [Ratio]
A. Liquidity
B. Activity
C. Profitability
D. Debt

List – II [Purpose]
I. Assessing the operating performance
II. Assessing the ability to meet maturing obligation
III. Assessing the effectiveness of utilization of assets
IV. Assessing the management of fixed financial change

Choose the correct answer from the options given below :

70 / 99

Find out the correct options from the following.

A. A future contract is custom designed.
B. Buying a put option is equivalent to buying insurance.
C. The cost of carry is not the cost of holding a security.
D. The difference between the spot price and the future price is called the basis.
E. An American option can be exercised only at its expiration date

Choose the most appropriate answer from the options given below :

71 / 99

Which of the following concept relates to the statement “A process by which individuals organize and interpret their sensory impressions to give meaning to their environment” ?

72 / 99

Which one of the following is not the HR audit ?

73 / 99

Which of the following is incorrect ?

74 / 99

Which of the following are not directly financing small scale industries ?

A. Small Industries Development Bank of India (SIDBI)
B. World Bank
C. Industrial Development Bank of India (IDBI)
D. International Monetary Fund (IMF)
E. National Small Industries Corporation Ltd. (NSIC)

Choose the most appropriate answer from the options given below :

75 / 99

Arrange the steps of creative process for an idea.

A. Preparation
B. Incubation
C. Germination
D. Verification
E. Illumination

Choose the correct answer from the options given below :

76 / 99

Which of the following is not a basis for behavioural segmentation ?

A. Purchase Occasion
B. Digital Divide
C. Usage rate of the product
D. Benefit sought from the product
E. Lifestyle of consumer

Choose the most appropriate answer from the options given below :

77 / 99

Read the following paragraph and answer the questions :

One of numerous executive orders of the President aims to achieve global price parity for prescription drugs sold in the Country X. This move offers hope to many citizen’s burdened by high healthcare costs. Enforcing this rule in practice, however, might be challenging because it might entail into import-export rules that don’t align with existing legislation of Country X. Similar to President’s previous attempts to lower drug prices during his first term, this move could also encounter legal challenges. However, the government can take some action against large pharmaceutical companies, commonly referred to as ‘Big Pharma’, by encouraging less expensive generic drugs and putting an end to unfair practices that delays their release. Perhaps, the Country X pharmaceutical companies have not yet responded negatively to it possibly because the new order has little effect on their profits.

The majority of Indian pharmaceutical exports to Country X fall into the low profit generic drugs market, which is less vulnerable to President’s regulations of Country X. Indian businesses might not receive preferential treatment for their branded medicines as the Country X might prefer to purchase them from developed countries like Germany, UK or France. Additionally, as evidenced by trade negotiation with China, the Country X views pharmaceuticals as a sensitive area and might continue imposing special import duties on them. Generic medications from India are currently free from import duties in the Country X. However it might now insist on the same tariff-free treatment for its own Pharmaceutical exports to India. Meanwhile, India has established a solid international reputation as a supplier of affordable medications. It can bargain for better trade conditions by using this image.

What is the central irony in President’s push for drug price in the Country X ?

78 / 99

Read the following paragraph and answer the questions :

One of numerous executive orders of the President aims to achieve global price parity for prescription drugs sold in the Country X. This move offers hope to many citizen’s burdened by high healthcare costs. Enforcing this rule in practice, however, might be challenging because it might entail into import-export rules that don’t align with existing legislation of Country X. Similar to President’s previous attempts to lower drug prices during his first term, this move could also encounter legal challenges. However, the government can take some action against large pharmaceutical companies, commonly referred to as ‘Big Pharma’, by encouraging less expensive generic drugs and putting an end to unfair practices that delays their release. Perhaps, the Country X pharmaceutical companies have not yet responded negatively to it possibly because the new order has little effect on their profits.

The majority of Indian pharmaceutical exports to Country X fall into the low profit generic drugs market, which is less vulnerable to President’s regulations of Country X. Indian businesses might not receive preferential treatment for their branded medicines as the Country X might prefer to purchase them from developed countries like Germany, UK or France. Additionally, as evidenced by trade negotiation with China, the Country X views pharmaceuticals as a sensitive area and might continue imposing special import duties on them. Generic medications from India are currently free from import duties in the Country X. However it might now insist on the same tariff-free treatment for its own Pharmaceutical exports to India. Meanwhile, India has established a solid international reputation as a supplier of affordable medications. It can bargain for better trade conditions by using this image.

Match List – I with List – II :

List – I [Country]
A. India
B. Germany
C. China
D. Country X

List – II [Role]
I. Where to find branded medications
II. Attempting to regulate the cost of drugs
III. Provider of inexpensive generic medicines
IV. Taking part in pharmaceutical discussions about tariffs

Choose the correct answer from the options given below :

79 / 99

Which of the followings are the examples of current liabilities :

A. Current investments
B. Short-term borrowings
C. Bills receivables
D. Bills payables
E. Accrued income

Choose the correct answer from the options given below :

80 / 99

Match List – I with List – II :

List – I [Item]
A. Par value
B. Maturity period
C. Coupon rate
D. Premium

List – II [Description]
I. Specified interest rate
II. Number of years after which the value is payable to bond holders
III. Amount by which a bond sells at a value higher than the par value
IV. Value on the face of the bond

Choose the correct answer from the options given below :

81 / 99

General statements that guide or channelize thinking in decision making are :

82 / 99

The error arising from the treatment of revenue expenditure as capital expenditure and vice-versa, is termed as :

83 / 99

Real-factor demand-pull inflection can be caused by :

A. Increase in investment
B. Decrease in consumer demand
C. Decrease in imports given the exports
D. Decrease in exports given the imports
E. Decrease in government expenditure without change in tax revenue.

Choose the correct answer from the options given below :

84 / 99

Which of the following institute is not promoting entrepreneurship in India ?

85 / 99

Arrange the steps of designing a distribution logistics system.

A. Finding out what the customers and channels want in product delivery
B. Articulating the distribution objectives and prescribing the minimum service level to be ensured in product delivery.
C. Optimizing the costs of the system and tackling the cost-service tussle
D. Finding out what competitors do
E. Providing for flexibility in the system

Choose the correct answer from the options given below :

86 / 99

Match List – I with List – II :

List – I [Data tool]
A. OLAP
B. Hadoop
C. Data mart
D. Data mining

List – II [Applications]
I. Breaks a big data problem down into sub-problems, distributes them among upto thousands of inexpensive computer processing nodes, and that combines result into smaller datasets
II. Finds hidden pattern in large data bases and inferring rules from them to predict future behaviour
III. A summarized or highly focused portion of organization’s database is placed for a seperate database for a specific population of users
IV. Supports multidimensional data and enables users to view the same data in different ways using multiple dimensions

Choose the correct answer from the options given below :

87 / 99

Read the following paragraph and answer the questions :

Teresa worked as a caregiver for years and when her husband passed away she was completely lost. Fighting grief and housing instability, she turned into a junior assistant cum typist (JACT) at a university. She initially felt shame, wondering if she was worth anything. One day, her Section Officer made her as a ‘custodian’ for people and places. After that she felt noticed and appreciated, and so began 18 rewarding years in position.

This is the focal point of mattering – that feeling of being valued and recognition creates value. It’s even more deeper than belonging and is critical to motivation, mental well-being, and retention. But currently, many employees feel invisible and undervalued, which leads to disengagement, burnout and low morale. In spite of investments in the workplace, a ‘mattering deficit’ persists because mattering is constructed through everyday human interactions, not perks or policies.

To engage mattering, leaders need to look and listen to their teams, notice difficulties, listen and ask substantive questions. Compassionate acts and follow-ups create trust. Affirming people’s strength, narrative and purpose reinforce their distinct value. Sharing impact stories, such as how JACT made spaces joyful, moves the purpose deeper. Individuals also believe that they matter when they see how small efforts relate to larger goals -such as NASA employees connecting what they do to landing a man on moon. Essentially, building a culture of mattering means leaders to consistently demonstrate to people they are noticed, heard, valued and required. Its easy to talk about in theory, but not common practice-but revolutionary when it is executed correctly.

What contributes to ‘mattering’ in the workplace ?

A. Acts of compassion
B. Personal connection
C. Perks and policies
D. Daily human interactions
E. Feel competition

Choose the most appropriate answer from the options given below :

88 / 99

Match List – I with List – II :

List – I [Term]
A. R-chart
B. P-chart
C. X̄ -chart
D. C-chart

List – II [Description]
I. Chart of averages to plot location values
II. Chart of variability to plot sample ranges
III. Chart showing proportion of defectives per sample
IV. Chart showing number of defectives per item/unit

Choose the correct answer from the options given below :

89 / 99

Match List – I with List – II :

List – I [Term]
A. Monopoly
B. Perfect competition
C. Monopolistic competition
D. Oligopoly

List – II [Description]
I. Free entry and exit
II. Single seller and no close substitute
III. Differentiated products and many sellers
IV. Strategic interdependence among firms

Choose the correct answer from the options given below :

90 / 99

Which one is not the form of discrimination ?

91 / 99

Arrange the following steps in the correct logical sequence to explain how indifference curves are derived ?

A. The consumer plots combination of goods that provide the same satisfaction
B. The consumer ranks preferences over combination of two goods
C. A downward-sloping, convex indifference curve is formed
D. The consumer reaches equilibrium where the budget line is tangent to the indifference curve

Choose the correct answer from the options given below :

92 / 99

Which of the following Acts were meant for labour welfare ?

A. The Factory Act, 1948
B. The Employee Insurance Act, 1948
C. The Payment of Gratuity Act, 1972
D. The Consumer Protection Act, 2019
E. The Companies Act, 2013

Choose the correct answer from the options given below :

93 / 99

Expatriates are :

94 / 99

Which of the following are direct sellers in India ?

A. Herbalife International India
B. Lakme products India
C. Modicare
D. Amway India enterprises
E. Avon beauty products India

Choose the most appropriate answer from the options given below :

95 / 99

Match List – I with List – II :

List – I [Item]
A. Furniture
B. Cement
C. Petroleum
D. Interior Decoration

List – II [Concept]
I. Process costing
II. Job costing
III. Output costing
IV. Operating costing

Choose the correct answer from the options given below :

96 / 99

Which of the following is not the advantage of merger ?

97 / 99

Which of the following is the example of Social Entrepreneurship ?

98 / 99

Which of the following is characterized by the use of small, intermittent assault on different market segments held by the competitors ?

99 / 99

A barrier to the matching of expected and perceived service levels caused by the unwillingness of services providers to provide the necessary resources is :

Your score is