S17: Quiz: PYQ: Dec’23

Space for Leaderboard

Dec’23 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 / 100

What represents basic convictions that ‘a specific mode of conduct or end-state of existence is personally or socially preferable to an opposite or converse mode of conduct or end-state of existence’?

1) Personality

2) Ethics

3) Belief

4) Values

2 / 100

Given below are two statements: one is labelled as Assertion (A) and the other is labelled as Reason (R).

Assertion (A):
The failure of the international market to connect firms as collaborators will entice a company to enter with wholly owned operations or wholly owned FDI.

Reason (R):
The company perceives having operating advantages to overcome its liability of foreignness.

In the light of the above statements, choose the most appropriate answer from the options given below:

1) (A) is correct, but (R) is not correct.

2) Both (A) and (R) are correct, but (R) is not the correct explanation of (A).

3) Both (A) and (R) are correct, and (R) is the correct explanation of (A).

4) (A) is not correct, but (R) is correct.

3 / 100

Read the following passage carefully, and answer question.

In this modern digitalized world, businesses are required to be mindful both in terms of what they are doing and how they are doing it. The company’s brand is not just dependent on the quality of products they are offering to people but on the overall impact of the company’s operations on society, the environment, and the economy.

Their sense of social responsibility provides them with a competitive edge over their competitors in a crowded marketplace. CSR is a holistic and integrated management concept whereby companies integrate their social and environmental objectives with their business objectives. The companies integrate their social and environmental objectives with their business objectives. It works on a Triple Bottom Line Approach i.e. Company focuses on 3P’s; People, Planet, and Profit while addressing all the expectations of its stakeholders. The majority of policy initiatives in the country are driven by the objectives of equal opportunities, minimizing poverty and human deprivation, focusing on fundamental rights, etc., thereby leading to strong human development.

The choices that we make today will be going to affect and influence our future generations. Despite all this, inequality and disparity still exist. This year, the Indian Government implemented new CSR guidelines. These guidelines require Indian companies to spend 2 percent of their net profit on CSR. India is the first country in the world to make CSR mandatory. Including the CSR mandate in Companies Act, 2013, is a great step of engaging the corporate sector in the equitable development of the country. Earlier companies were required to spend 2 percent of the profits towards CSR and in case of failure to do so; they were required to give reasons. But as per the present amendment, companies are required to spend 2 percent of profit towards CSR in the given time limit or are required to turn over this amount of profits in the funds which are run by the government.

The new amendment will require all the companies which qualify the provisions under CSR guidelines to spend the specified part of their profits towards Corporate Social Responsibility without failing.

What is the ‘Triple Bottom Line Approach’ in CSR as mentioned in the passage?

1) Focus on reducing costs, increasing production, and market share.

2) Focus on shareholder's interest, environmental sustainability, and innovation.

3) Focus on people, planet, and profit.

4) Focus on customer satisfaction, revenue, and profit.

4 / 100

Consumers who are open to new ideas and are among the first to try new products, services or practices are called as –

1) Laggards

2) Dogmatic

3) Innovators

4) Early Majority

5 / 100

Gross working capital refers to firms:

1) Total Current Assets

2) Total investment in the firms

3) The difference between current assets and current liabilities.

4) Total liquid assets

6 / 100

Which of the following consists of broad model of HRM/HRD?

(A) Hard variant of HRM (Matching Model of HRM)
(B) Soft variant of HRM (Harvard Model HRM)
(C) 5P Model of HRM (Model of strategic HRM)
(D) Business Strategic Model of HRM (Business School Model)

Choose the correct answer from the options given below:

1) (A) and (B) only

2) (B) and (C) only

3) (B), (C) and (D) only

4) (A), (B) and (C) only

7 / 100

The primary difference between CPM and PERT is that:

1) PERT has two time estimates and CPM has three time estimates.

2) PERT has one time estimate and CPM has three time estimates.

3) PERT has three time estimates and CPM requires only one time factor for each activity.

4) PERT makes the assumption that activities time are known with certainty and CPM employs three time estimates to compute expected values.

8 / 100

Arrange the following stages of international development in sequential ascending order:

(A) Primarily domestic company with international division
(B) Domestic company
(C) Multinational corporation with global emphasis
(D) Multinational corporation with multidomestic emphasis
(E) Domestic company with export division

Choose the correct answer from the options given below:

1) (B), (E), (A), (C), (D) Only

2) (B), (E), (A), (D), (C) Only

3) (E), (B), (C), (A), (D) Only

4) (B), (A), (E), (D), (C) Only

9 / 100

“Innovation is the specific instruments of entrepreneurship-the act that endows resources with a new capacity to create wealth” who said this?

1) Frank H. Knight

2) Peter Drucker

3) J. A. Shumpeter

4) Frank W. Young

10 / 100

The objective of Scheduling is to allocate and prioritize demand to available facilities. The Scheduling decisions range from years to minutes/hours/days. Arrange the following Scheduling decisions from long term to short term:

(A) Aggregate Planning
(B) Short-term Scheduling
(C) Master Schedule
(D) Capacity Planning

Choose the correct answer from the options given below:

1) (B), (C), (A), (D) Only

2) (B), (A), (C), (D) Only

3) (D), (A), (C), (B) Only

4) (A), (D), (C), (B) Only

11 / 100

Which of the following assumptions are based on Walter’s Model of dividend?

(A) Internal Financing
(B) 100 percent pay-out ratio
(C) The firm has a short term life
(D) Constant EPS and dividend per Share (DIV)
(E) Increasing return and minimise cost of Capital

Choose the correct answer from the options given below:

1) (A), (B) and (C) Only

2) (A), (C) and (D) Only

3) (B), (D) and (E) Only

4) (A), (B) and (D) Only

12 / 100

Which of the following Industry 4.0 technologies shall detect temperature, humidity and vibration changes, enabling avoidance of system malfunction and human protection in Oil and Gas Industry?

1) Internet of Things (IOT)

2) Artificial Intelligence (AI)

3) Big Data

4) Machine Learning (ML)

13 / 100

Read the following passage carefully, and answer the question:

Introduction of Corporate Governance in a company brings order and methods in decision-making processes and fixes who should own the responsibility. The company will focus on its mission, vision, and not any personal likes or dislikes of a few top officers. The benefits of corporate governance are difficult to quantify in the short range.

Accounting jugglery and showing profits give a company’s short-term gains, but they are not long-term policies for financial credibility. True financial performance of a company, openness, and governance policies give investors’ confidence.

The unethical policies or mismanagement by the CEO or director of a company will be exposed by adhering to corporate governance principles. Corporate governance will throw light on excessive remunerations given to directors or CEOs. It improves investors’ confidence and relations.

The occurrence of frauds and mismanagement can be detected early for remedial actions. It is also agreed that no system can remove fraudulent practices fully. Corporate governance is an open democratic system. They may appear long-winded or time-consuming, or individual decision-making is hindered.

What is one of the primary goals of including corporate governance in a company?

1) Maximizing short-term profits.

2) Bringing order and method to decision-making.

3) Discouraging personal likes and dislikes of top management.

4) Enhancing competition in the market.

14 / 100

Which of the following statements are correct about International Trade Theories?

(A) According to mercantilism, countries should import more than they export.
(B) A country that practices neo-mercantilism attempts to run export surplus to achieve a social or political objective.
(C) Theory of absolute advantage reasoned that restricted trade would lead country to specialize in those products that gave it a competitive advantage.
(D) According to the theory of comparative advantage, gains from trade will occur even in a country that has absolute advantage in all products because the country must give up less efficient output to produce more efficient output.

Choose the correct answer from the options given below:

1) (A) and (C) Only

2) (C) and (D) Only

3) (B) and (D) Only

4) (B) and (C) Only

15 / 100

Which of the following are cash from financing activities of?

(A) Cash receipt from issue of share
(B) Cash payment for buy-back of share
(C) Brokerage paid for acquisition of fixed assets
(D) Payment of cash dividend
(E) Cash receipt of interest and dividend on Long-term investment

Choose the correct answer from the options given below:

1) (A), (C) and (D) only

2) (A), (B) and (D) only

3) (A), (B) and (C) only

4) (B), (C) and (D) only

16 / 100

1) (A)-(II), (B)-(I), (C)-(III), (D)-(IV)

2) (A)-(I), (B)-(II), (C)-(IV), (D)-(III)

3) (A)-(II), (B)-(I), (C)-(IV), (D)-(III)

4) (A)-(I), (B)-(II), (C)-(III), (D)-(IV)

17 / 100

In case of financial enterprises, cash flow arisen from flow dividend received and paid is shown in cash statement under-which one of the following activities?

1) Investing Activities.

2) Financing Activities.

3) Dividend received is operating activities and dividend paid is financing activities.

4) Operating Activities.

18 / 100

Read the following passage carefully, and answer the question:

Which one of the following is one of the advantages of corporate governance mentioned in the passage?

1) Discouraging individual decision making.

2) Hiding excessive remuneration of directors and CEOs.

3) Avoiding competition.

4) Improving investors confidence and relations.

19 / 100

If Current Ratio = 2.5, Liquid Ratio = 1.5, Working Capital = Rs. 90,000. What is the value of Inventory?

1) Rs. 210,000

2) Rs. 90,000

3) Rs. 60,000

4) Rs. 150,000

20 / 100

Which of the following is one of the five main factors given by E. M. Rogers that influence adoption of an innovation?

1) Accountability

2) Trialibility

3) Flexibility

4) Salability

21 / 100

A furnishing retailer company opens a new generation of furniture galleries that are part store, part interior design studio and part restaurant’.
This is an example of which of the following?

1) Mega Retailing

2) Experiential Retailing

3) Departmental Store Retailing

4) Franchise Retailing

22 / 100

A channel structure in which producers, wholesalers, and retailers act as a unified system. One channel member owns the others, has contracts with them or has so much power that they all cooperate.? The above description pertains to which of the following concepts?

1) Horizontal Marketing System

2) Vertical Marketing System

3) Conventional Distribution Channel

4) Franchise System

23 / 100

1) (A)-(I), (B)-(II), (C)-(III), (D)-(IV)

2) (A)-(III), (B)-(II), (C)-(IV), (D)-(I)

3) (A)-(I), (B)-(IV), (C)-(III), (D)-(II)

4) (A)-(III), (B)-(IV), (C)-(II), (D)-(I)

24 / 100

Company’s current price of share is Rs 60 and dividend per share is Rs 4. If its capitalisation rate is 12 percents. What is dividend growth rate?

1) 10%

2) 20%

3) 3.20%

4) 5%

25 / 100

The variety of approaches to management analysis, the amount of research and the number of different views have resulted in much confusion as to what management is, what management theory and science is and how managerial events should be analysed. Who called this situation ‘the management theory jungle’?

1) Chester Barnard

2) Elton Mayo

3) Harold Koontz

4) Henry L. Gantt

26 / 100

“Demonstrating statistically a relationship between scores on a selection procedure and job performance of a sample of workers” is called:

1) Construct Validity

2) Test Validity

3) Content Validity

4) Criterion Validity

27 / 100

After 10 years of deadlock, European Union (EU) is ready to negotiate with India in WTO on which issue related to food security?

1) Public Stockholding Norms

2) Sanitary & Phytosanitary measures

3) Climate Change

4) Non-tariff barriers to trade

28 / 100

What is the major assumption we make when computing a mean from Grouped data:

1) No value occurs more than once.

2) All values are discrete.

3) Every value in a class is equal to the midpoint.

4) Each class contains exactly the same number of values.

29 / 100

Which of the following are methods of assessment of economic viability of the project?

(A) Pay Back Period (PBP)
(B) Return on Investment (ROI)
(C) Net Present Value (NPV)
(D) Benefit Cost Ratio (BCR)
(E) Critical Path Method (CPM)

Choose the correct answer from the options given below:

1) (A), (B), and (C) Only

2) (A), (B), (C), and (D) Only

3) (B), (C), (D), and (E) Only

4) (A), (C), (D), and (E) Only

30 / 100

Which of the following are unique features of services?

(A) Services are non-perishable.
(B) Services have inseparability of production and consumption.
(C) Services have the quality of perfect standardization.
(D) Services have the characteristic of Variability.
(E) Services are highly tangible so can be touched.

Choose the correct answer from the options given below:

1) (B) and (D) Only

2) (C) and (D) Only

3) (A) and (C) Only

4) (A) and (E) Only

31 / 100

As per Ries and Trout, which one of the following is NOT a standard criteria for successful positioning?

1) Commitment

2) Consistency

3) Competitiveness

4) Credibility

32 / 100

Arrange the Indian Trade Unions/Associations according to their formation/establishment from earlier to later.

(A) Madras Labour Union
(B) Bhartiya Mazdoor Sangh
(C) The Indian National Trade Union Congress
(D) All India Trade Union Congress
(E) The Red Trade Union Congress

Choose the correct answer from the options given below:

1) (A), (C), (B), (D), (E) Only

2) (D), (A), (E), (C), (B) Only

3) (A), (D), (E), (C), (B) Only

4) (B), (A), (C), (D), (E) Only

33 / 100

The Parenting Fit Matrix related to Strategy Formulation was proposed by –

1) M. Alexander, A Campbell & M Goold

2) T.L Wheelan, T D Hunger & K Ranganjan

3) G.D. Harrell, R.O Kieper & A Campbell

4) G Hammel, L. Segel & A C Inkpen

34 / 100

1) (A)-(I), (B)-(III), (C)-(II), (D)-(IV)

2) (A)-(III), (B)-(I), (C)-(II), (D)-(IV)

3) (A)-(IV), (B)-(II), (C)-(I), (D)-(III)

4) (A)-(II), (B)-(I), (C)-(IV), (D)-(III)

35 / 100

Likert had proposed only six dimensions of organisational climate. Who proposed seven steps of organisational climate?

1) Litwin and Stringer

2) Kluckhohn and Strodtbeck

3) Hofstede

4) Schein

36 / 100

Fixing the zero date is important step in establishing a project –

1) Last steps

2) Preliminary steps

3) Definition steps

4) Secondary steps

37 / 100

Which type of Intrapreneur is known for generating innovative ideas and seeking ways to improve processes?

1) Employee Intrapreneur

2) Creator Intrapreneur

3) Doers Intrapreneur

4) Implementers Intrapreneur

38 / 100

Which of the following are assumptions of Net Operating Income Approach of Capital Structure?

(A) There is no Corporate Tax
(B) Cost of debt remains constant at all levels
(C) The Business risk remains constant at every level of debt and equity mix
(D) The cost of Debt is less than the cost of equity
(E) Overall cost of Capital remains constant

Choose the correct answer from the options given below:

1) (A), (B), (C) and (E) only

2) (A), (B) and (C) only

3) (A) and (B) only

4) (C), (D) and (E) only

39 / 100

Which of the following are the main issues to be tackled by the conceptual component of Customer Relationship Management Programme?

(A) Processing all customer requests coming in through multiple channels.
(B) Setting out the CRM objectives in clear terms.
(C) Creating a good product and mass marketing it.
(D) Putting customers first.
(E) Segmenting the market on the basis of occupations.

Choose the correct answer from the options given below:

1) (D) and (E) Only

2) (A) and (E) Only

3) (B) and (D) Only

4) (C) and (D) Only

40 / 100

The techniques for appraising performance include:

(A) Graphic Rating Scale Method
(B) Potential Rating
(C) Alternation Ranking Method
(D) Diversity Counts
(E) Paired Comparison Method

Choose the correct answer from the options given below:

1) (A), (C) and (E) only

2) (B), (C) and (D) only

3) (C), (D) and (E) only

4) (A), (B) and (D) only

41 / 100

Which of the followings are the national financial institutions?

(A) Industrial Development Bank of India
(B) Industrial Finance Corporation of India
(C) The State Industrial Development Corporation
(D) United Nations Development Programme
(E) State Financial Corporations

Choose the correct answer from the options given below:

1) (B), (C), and (D) Only

2) (A), (B), (C), and (E) Only

3) (A), (B), and (C) Only

4) (A), (C), (D), and (E) Only

42 / 100

Which of the following are four stages of Psychosexual Development for personality development according to Freud?

(A) Oral
(B) Anal
(C) Phallic
(D) Meticulous
(E) Genital

Choose the correct answer from the options given below:

1) (A), (C), (D), (E) Only

2) (A), (B), (C), (D) Only

3) (A), (B), (C), (E) Only

4) (B), (C), (D), (E) Only

43 / 100

Co-operative credit system in India mainly consists of:

(A) The short-term agricultural credit institutions.
(B) The long-term agricultural credit institutions.
(C) The non-agricultural credit co-operatives.
(D) The short-term industrial credit institutions.

Choose the correct answer from the options given below:

1) (A), (C), and (D) Only

2) (A), (B), and (C) Only

3) (A), (B) Only

4) (B), (C), and (D) Only

44 / 100

Two sets of theories are popular in the organisational behavior literature – The Behavioral and Cognitive. Behavioral theory constitutes of:

(A) Classical conditioning
(B) Operant conditioning
(C) Perceived consequences
(D) Social learning
(E) Prior learning

Choose the correct answer from the options given below:

1) (B), (C) and (E) only

2) (B), (C) and (D) only

3) (A), (B) and (D) only

4) (A), (B) and (C) only

45 / 100

Which types of employees are included in the definition of IHRM by P. Morgan?

(A) Host-Country Nationals
(B) Parent Country Nationals
(C) Third Country Nationals
(D) Domestic Country Nationals

Choose the correct answer from the options given below:

1) (A), (B) Only

2) (B), (C), (D) Only

3) (A), (B), (C) Only

4) (A), (B), (C), (D) Only

46 / 100

1) (A)-(II), (B)-(III), (C)-(IV), (D)-(I)

2) (A)-(IV), (B)-(III), (C)-(II), (D)-(I)

3) (A)-(II), (B)-(III), (C)-(I), (D)-(IV)

4) (A)-(I), (B)-(III), (C)-(II), (D)-(IV)

47 / 100

Given below are two statements:

Statement (I):
Organisation Development Interventions are sets of structured activities in which selected organisational units engage in a sequence of tasks that will lead to organisational improvement.

Statement (II):
The range of Organisation Development interventions is quite extensive. Interventions have been developed to solve most problems related to the human side of organisations.

In the light of the above statements, choose the most appropriate answer from the options given below:

1) Both Statement I and Statement II are incorrect

2) Statement I is correct but Statement II is incorrect

3) Both Statement I and Statement II are correct

4) Statement I is incorrect but Statement II is correct

48 / 100

Which of the following are the important principles of Re-engineering according to Michael Hammer?

(A) Develop value-added jobs to balance out job elimination.
(B) Take specific actions to make the program operational.
(C) Subsume information processing work into the real work that produces the information.
(D) Develop an action plan of activities needed to achieve the objectives.
(E) Treat geographically dispersed resources as though they were centralized.

Choose the correct answer from the options given below:

1) (B) and (D) Only

2) (A) and (C) Only

3) (C) and (E) Only

4) (B) and (E) Only

49 / 100

Which of the following reasons may be attributed to the individual’s time preference for money?

(A) Risk
(B) Value of money would be increased
(C) Future uncertainties
(D) Preference for consumption
(E) Investment opportunities

Choose the correct answer from the options given below:

1) (A), (C), (D) and (E) Only

2) (B), (C), and (D) Only

3) (A), (B), and (C) Only

4) (A), (D), and (E) Only

50 / 100

Read the following passage carefully, and answer question.

According to the passage, what is the significance of a company’s Social responsibility in the modern digitalized world?

1) It depends solely on the quality of products.

2) It has no impact on the company’s brand.

3) It leads to higher profits.

4) It provides a competitive edge in the crowded marketplace.

51 / 100

1) (A)-(II), (B)-(III), (C)-(IV), (D)-(I)

2) (A)-(IV), (B)-(II), (C)-(III), (D)-(I)

3) (A)-(II), (B)-(I), (C)-(IV), (D)-(III)

4) (A)-(III), (B)-(I), (C)-(II), (D)-(IV)

52 / 100

Conditions under which companies may find more advantages to locate production in foreign countries than export to them are:

(A) When production abroad is costlier than at home?
(B) When transportation costs are too high for moving goods or services internationally?
(C) When companies lack domestic capacity?
(D) When government inhibit the import of foreign products?
(E) When products and services need not be altered substantially to gain sufficient consumer demand abroad?

Choose the correct answer from the options given below:

1) (B), (C) and (D) Only

2) (E), (A) and (B) Only

3) (C), (D) and (E) Only

4) (A), (B) and (D) Only

53 / 100

Who argued that ‘Attitude follow behaviour’?

1) Elton Mayo

2) Leon Festinger

3) Mary P. Follet

4) F. Herzberg

54 / 100

What should be the maximum size of numbers of representatives in the Joint Management Council?

1) Sixteen only

2) Twenty only

3) Twelve only

4) Six only

55 / 100

Read the following passage carefully, and answer the question:

According to the passage, what is the benefit of adhering to corporate governance for investors?

1) Possibilities of rights issues

2) Short-term gains

3) Confidence in true financial performance

4) Higher rates of dividend

56 / 100

Six Sigma is:

(A) a strategy that focuses on customer satisfaction.
(B) a mathematical function that connects quality lost and cost.
(C) a program to reduce defects.
(D) a discipline that follows the DMAIC model.

Choose the correct answer from the options given below:

1) (A) and (D) Only

2) (B), (C) and (D) Only

3) (A), (C) and (D) Only

4) (B) and (C) Only

57 / 100

Which one of the following is correct Accounting Equation?

1) Assets = Liabilities – Capital

2) Liabilities = Capital + Assets

3) Capital = Assets + Liabilities

4) Liabilities = Assets – Capital

58 / 100

Read the following passage carefully, and answer question.

Given below are two statements:

Statement (I): CSR is a holistic and integrated management concept whereby companies integrate their industrial and future objectives with their business objectives.

Statement (II): In this modern digitalized world, businesses are required to be mindful both in terms of what they are doing and how they are doing.

In the light of the above statements, choose the most appropriate answer from the options given below:

1) Statement I is correct but Statement II is incorrect

2) Both Statement I and Statement II are incorrect

3) Both Statement I and Statement II are correct

4) Statement I is incorrect but Statement II is correct

59 / 100

The location focus for service firms should be on determining the volume of Customers and Revenue.
The major determinants of volume of Customers and Revenue are:

(A) Service and image compatibility with demographics of the customer drawing area.
(B) Proximity to raw materials and suppliers.
(C) Quality of the competition.
(D) Uniqueness of the firm’s and competitor’s location.
(E) Operating Policies of the competitor.

Choose the correct answer from the options given below:

1) (A), (C) and (D) Only

2) (A), (C) and (E) Only

3) (C), (D) and (E) Only

4) (B), (D) and (E) Only

60 / 100

Arrange the following steps of the Budgeting process in the proper sequence:

(A) Obtaining estimates
(B) Communicating Budget
(C) Reporting Interim Progress towards budget objectives
(D) Implementing the budget plan
(E) Co-ordinating estimate

Choose the correct answer from the options given below:

1) (A), (E), (C), (B), (D) Only

2) (A), (E), (B), (D), (C) Only

3) (A), (E), (B), (C), (D) Only

4) (B), (A), (E), (D), (C) Only

61 / 100

The Contingency table in statistics is one:

1) That displays points representing each class frequency above their class midpoints.

2) That summarizes the number of measurements which are less than the upper-class boundary of each class.

3) That consists of rows and columns that is used to classify data on two dimensions.

4) That summarizes the percentage of items (or measurement) in each of several non-overlapping classes.

	Category A	Category B	Total
Group X	10	15	25
Group Y	20	30	50
Total	30	45	75

62 / 100

What shall be the transportation cost if a researcher uses the North-West Corner Rule to get the basic feasible solution to the following:

1) 116

2) 105

3) 112

4) 102

Sources \ Distribution Centers	D1	D2	D3	D4	Supply
S1	2	3	11	7	6
S2	1	0	6	1	1
S3	5	8	15	9	10
Demand	7	5	3	2	Total: 17

Sources \ Distribution Centers	D1	D2	D3	D4	Supply
S1	6	0	0	0	0
S2	1	0	0	0	0
S3	0	5	3	2	0
Demand	0	0	0	0	Total: 17

From	To	Allocated Units	Cost per Unit	Total Cost
S1	D1	6	2	6 × 2 = 12
S2	D1	1	1	1 × 1 = 1
S3	D2	5	8	5 × 8 = 40
S3	D3	3	15	3 × 15 = 45
S3	D4	2	9	2 × 9 = 18
Total Cost:				116

63 / 100

Arrange the following components of Value-Delivery Process in proper sequence from 1st to 6th step.

(A) Communicating the Value
(B) Enhancing the Value (including sustaining the value)
(C) Capturing the value back from the market (through pricing)
(D) Delivering the value
(E) Selecting the value (including exploring the value)
(F) Creating the Value

Choose the correct answer from the options given below:

1) (A), (E), (F), (B), (C), (D) Only

2) (E), (F), (A), (D), (C), (B) Only

3) (E), (F), (C), (D), (A), (B) Only

4) (F), (B), (D), (E), (A), (C) Only

64 / 100

To support Indian Artificial Intelligence (AI) Startups, which technological infrastructure is expected to be developed by Government of India?

1) Creation of EPZ

2) Creation of GPU Clusters

3) Creation of SPZ Clusters

4) Creation of IT Parks

65 / 100

1) 30%

2) 25%

3) 20%

4) 10%

66 / 100

Which of the following strategies are types of combination strategies?

(A) No change strategies
(B) Pause/Proceed with caution strategies
(C) Turn around strategies
(D) Profit strategies
(E) Concentration strategies

Choose the correct answer from the options given below:

1) (A) and (B) Only

2) (B) and (C) Only

3) (E) and (D) Only

4) None of the above

67 / 100

Who is known as the ‘Father of brainstorming’?

1) Alex F. Osborn

2) Frank Gilbreth

3) Elton Mayo

4) Peter Drucker

68 / 100

Arrange the steps of process of learning in proper order:

(A) Acquiring Knowledge
(B) Internalization of new knowledge
(C) Using learning on all situations
(D) Assimilation or retention
(E) Application of new learning
(F) Self-monitored learning

Choose the correct answer from the options given below:

1) (A), (B), (C), (D), (E), (F)

2) (B), (D), (F), (C), (A), (E)

3) (A), (C), (B), (D), (E), (F)

4) (A), (D), (B), (E), (C), (F)

69 / 100

Read the following passage carefully, and answer the question:

How does the passage describe corporate governance as a system?

1) Time ensuring but effective.

2) An open democratic system with some drawbacks.

3) Hindering the risk of fraud.

4) A system capable of removing fraudulent activities 100%.

70 / 100

‘Creating a seamless cross-channel buying experience that integrates in-store, online, and mobile shopping.’
The above is the description of which of the following?

(A) In-store Marketing
(B) Direct Marketing
(C) Omni Channel Retailing
(D) Online Marketing
(E) Digital Marketing

Choose the correct answer from the options given below:

1) (D) and (E) Only

2) (A) and (B) Only

3) (D) Only

4) (C) Only

71 / 100

Arrange the following process of working capital cycle of a manufacturing concern in a proper sequence:

(A) Raw material
(B) Cash
(C) Debtors
(D) Finish goods
(E) Work in progress

Choose the correct answer from the options given below:

1) (A), (E), (D), (C), (B) Only

2) (A), (E), (B), (C), (D) Only

3) (B), (A), (E), (D), (C) Only

4) (A), (E), (D), (B), (C) Only

72 / 100

1) (A)-(III), (B)-(IV), (C)-(II), (D)-(I)

2) (A)-(III), (B)-(IV), (C)-(I), (D)-(II)

3) (A)-(I), (B)-(II), (C)-(III), (D)-(IV)

4) (A)-(IV), (B)-(III), (C)-(II), (D)-(I)

73 / 100

What is the minimum prescribed net profit threshold for Companies to be required to undertake Corporate Social Responsibility activities under clause 135 of the Companies Act, 2013?

1) 2% of net profit

2) 5% of net profit

3) 1% of net profit

4) 3% of net profit

74 / 100

Who has authored the book “the Third Wave”?

1) Toffler

2) Nilkant and Ram Narayan

3) Aldrich

4) Hammel and Prahlad

75 / 100

Which of the following summarised under three Cs for human resource development?

(A) Competence
(B) Communication
(C) Commitment
(D) Culture

Choose the correct answer from the options given below:

1) (A), (B) and (D) only

2) (A), (C) and (D) only

3) (A), (B) and (C) only

4) (B), (C) and (D) only

76 / 100

Read the following passage carefully, and answer the question:

How does corporate governance help in exposing unethical policies or mismanagement in a company?

1) By promoting the company’s flagship brand.

2) By fixing responsibilities and promoting openness.

3) By encouraging accounting jugglery.

4) By enhancing employees' productivity.

77 / 100

1) (A)-(II), (B)-(III), (C)-(I), (D)-(IV)

2) (A)-(IV), (B)-(I), (C)-(III), (D)-(II)

3) (A)-(I), (B)-(IV), (C)-(II), (D)-(III)

4) (A)-(IV), (B)-(I), (C)-(II), (D)-(III)

78 / 100

Put in sequence the four steps to convert the raw real-world data into minable data sets:

(A) Data Cleaning
(B) Data Reduction
(C) Data Transformation
(D) Data Consolidation

Choose the correct answer from the options given below:

1) (D), (A), (C), (B) Only

2) (A), (D), (C), (B) Only

3) (B), (A), (C), (D) Only

4) (B), (C), (A), (D) Only

79 / 100

There exists certain requirements for effective control. Arrange the requirements from later to initial as proposed by Koontz and Weihrich.

(A) Tailoring controls to individual managers.
(B) Fitting the control system to the organisational culture.
(C) Making sure that control point up exceptions at critical point.
(D) Seeking objectivity of controls.

Choose the correct answer from the options given below:

1) (B), (A), (C), (D)

2) (B), (A), (D), (C)

3) (B), (D), (C), (A)

4) (B), (C), (D), (A)

80 / 100

Given below are two statements:

Statement (I):
Economic exposure refers to the change in the value of a firm caused by unexpected changes in the exchange rate.

Statement (II):
Transaction exposure refers to long-term cash flow exposure.

In the light of the above statements, choose the most appropriate answer from the options given below:

1) Statement I is correct but Statement II is incorrect

2) Statement I is incorrect but Statement II is correct

3) Both Statement I and Statement II are correct

4) Both Statement I and Statement II are incorrect

81 / 100

Arrange the Project Life Cycle Phases in proper order:

(A) Concept Phase
(B) Planning and Organising Phase
(C) Definition Phase
(D) Implementation Phase
(E) Project Clean-up Phase

Choose the correct answer from the options given below:

1) (A), (C), (B), (D), (E) Only

2) (C), (A), (B), (D), (E) Only

3) (A), (B), (C), (D), (E) Only

4) (A), (D), (C), (B), (E) Only

82 / 100

For making a single-channel, single-phase queuing model, which of the following assumptions are involved:

(A) Every arrival waits to be served regardless of the length of the time.
(B) Arrivals are independent of preceding arrivals, but the average number of arrivals does not change over time.
(C) Arrivals come from a finite or very small population on a LIFO basis.
(D) Service times follow the negative exponential distribution or are constant.
(E) The average service rate is greater than the average arrival rate.

Choose the correct answer from the options given below:

1) (A), (B), (C) and (D) Only

2) (A), (B), (D) and (E) Only

3) (B), (C), (D) and (E) Only

4) (A), (B) and (C) Only

✅ Correct Answer: (A), (B), (D) and (E) Only

📘 Explanation:

For a single-channel, single-phase queuing model, the correct assumptions involved are typically related to a Poisson process for arrivals and an exponential service time distribution. Let’s analyze the given options:

(A) Every arrival waits to be served regardless of the length of the time.
- This is generally true in a basic queuing model. In a single-channel, single-phase queuing system, all arrivals wait for service regardless of how long the queue gets.
(B) Arrivals are independent of preceding arrivals, but the average number of arrivals does not change over time.
- This is a key assumption for a Poisson arrival process. It implies that arrivals occur independently (Markovian property) and that the average arrival rate is constant over time. This is an essential assumption for many queuing models (including the M/M/1 queue).
(D) Service times follow the negative exponential distribution or are constant.
- In many standard queuing models, such as the M/M/1 model, service times follow a negative exponential distribution. Alternatively, service times can be constant in certain cases, but in the typical case for queuing models, the exponential distribution is assumed.
(E) The average service rate is greater than the average arrival rate.
- This is a key condition for the system to be stable. If the service rate is less than the arrival rate, the queue would grow infinitely over time, which is not desirable. For the system to reach a steady state, the service rate must exceed the arrival rate (i.e., λ < μ for the M/M/1 model).

❌ Why other options are incorrect:

(C) Arrivals come from a finite or very small population on a LIFO basis.
- This is not typical for a single-channel, single-phase queuing model. The assumption of LIFO (Last In First Out) is more appropriate for stack-based models, not standard queuing models (like M/M/1), which often assume FIFO (First In First Out).

✅ Final Answer: (A), (B), (D) and (E) Only

83 / 100

In which institutions of women entrepreneurship Jyoti Jeevan Naik was associated?

1) Self-employed Women’s Association

2) Sahkari Mahila Gram Samittee

3) Shri Mahila Griha Udyog Lijjat Papad

4) Jivika

84 / 100

Performance appraisal too often degenerates into a dishonest annual rituals,” who stated this?

1) Barlow

2) Newton and Findlay

3) Armstrong and Murlis

4) Grint

85 / 100

1) (A)-(II), (B)-(III), (C)-(I), (D)-(IV)

2) (A)-(III), (B)-(II), (C)-(I), (D)-(IV)

3) (A)-(II), (B)-(IV), (C)-(I), (D)-(III)

4) (A)-(III), (B)-(II), (C)-(IV), (D)-(I)

Inspection Type	Measures	Example
Source Inspection	Checks raw materials and components before production	Inspecting steel before making car doors
Poka-Yoke Inspection	Prevents mistakes with fail-safe devices	Washing machine won’t start if door is open
Attribute Inspection	Classifies items as good/bad (pass/fail)	Checking if a light bulb turns on
Variable Inspection	Measures characteristics on a continuous scale	Measuring the weight of a medicine tablet

86 / 100

In the case of an Executive Chairman, what is the minimum percentage of Independent Directors required on the Board?

1) At least two-thirds

2) At least one-fourth

3) At least half

4) At least one-third

87 / 100

1) (A)-(II), (B)-(I), (C)-(IV), (D)-(III)

2) (A)-(IV), (B)-(III), (C)-(II), (D)-(I)

3) (A)-(II), (B)-(III), (C)-(I), (D)-(IV)

4) (A)-(I), (B)-(II), (C)-(III), (D)-(IV)

88 / 100

Given below are two statements: one is labelled as Assertion (A) and the other is labelled as Reason (R).

Assertion (A):
A brand is an important corporate resource.

Reason (R):
A brand embodies all of the characteristics of a company’s product in the mind of the consumer.

In the light of the above statements, choose the most appropriate answer from the options given below:

1) (A) is not correct, but (R) is correct.

2) (A) is correct, but (R) is not correct.

3) Both (A) and (R) are correct, and (R) is the correct explanation of (A).

4) Both (A) and (R) are correct, but (R) is not the correct explanation of (A).

89 / 100

Read the following passage carefully, and answer question.

What is the consequence for companies that fail to meet the CSR spending requirement as per the new amendments?

1) Companies may seek grace from the Government.

2) Companies are required to turn over the profits to government-run funds.

3) Companies may file a suitable explanation.

4) Companies may get it done from the Sister Companies.

90 / 100

Statement (I):
Planning premises are defined as the anticipated environment in which plans are expected to operate. They include assumptions or forecasts of the future as known conditions that will affect the operation of plans.

Statement (II):
No distinction should be drawn between forecasts that are planning premises and forecasts that are translated into future expectancies, usually in financial terms, from actual plans developed.

In the light of the above statements, choose the most appropriate answer from the options given below:

1) Statement I is correct but Statement II is incorrect

2) Both Statement I and Statement II are incorrect

3) Statement I is incorrect but Statement II is correct

4) Both Statement I and Statement II are correct

91 / 100

Making the brand a meaningful part of consumers conversations and likes by fostering direct and continuous customer involvement in shaping brand conversations, experiences and community’. The above description pertains to which of the following concepts?

1) Customer Generated Marketing

2) Customer Relationship Management

3) Customer Engagement Marketing

4) Societal Marketing Concept

92 / 100

As per Henry Mintzberg, which of the following is NOT a part of his conception of types of strategies?

1) Contingency Strategy

2) Intended Strategy

3) Unrealised Strategy

4) Emergent Strategy

93 / 100

Which one of the following is characterised in the interest rate parity?

1) The exchange rate between the currencies of two countries equal the ratio between the price of goods in these countries.

2) The relationship between interest rates and exchange rate of two countries.

3) Nominal interest rate differential must be equal to the expected inflation rate differential in the two countries.

4) The forward rate must be equal to the expected future spot rate.

94 / 100

Given below are two statements:

Statement (I):
The adaptation of leadership styles to different contingencies has been well characterized by Robert Tannenbaum and Warren H. Schmidt, developers of leadership continuum concept.

Statement (II):
They see leadership as involving a variety of styles, ranging from one that is highly boss-oriented to one that is highly subordinate-centered.

In the light of the above statements, choose the most appropriate answer from the options given below:

1) Both Statement I and Statement II are correct

2) Statement I is incorrect but Statement II is correct

3) Both Statement I and Statement II are incorrect

4) Statement I is correct but Statement II is incorrect

95 / 100

1) (A)-(IV), (B)-(III), (C)-(II), (D)-(I)

2) (A)-(II), (B)-(III), (C)-(IV), (D)-(I)

3) (A)-(I), (B)-(IV), (C)-(II), (D)-(III)

4) (A)-(III), (B)-(IV), (C)-(I), (D)-(II)

96 / 100

1) (A), (C), (D) and (E) only

2) (B), (C) and (E) only

3) (A), (B), (E) only

4) (A), (B) and (C) only

97 / 100

Which one of the following is correct about NPV and IRR of project (A) and project (B)?

1) IRR (A) + IRR (B) = IRR of (A + B)

2) NPV (A) + NPV (B) = NPV of (A + B)

3) NPV (A) = NPV (B) ≠ NPV of (A + B)

4) IRR (A) × IRR (B) ≠ IRR (A – B)

98 / 100

Read the following passage carefully, and answer question.

Given below are two statements: one is labelled as Assertion (A) and the other is labelled as Reason (R).

Assertion (A): Companies are required to spend 2% of profits towards CSR in the given time limit.
Reason (R): The Government of India has made stringent provisions for CSR in the Companies Act, 2013.

In the light of the above statements, choose the most appropriate answer from the options given below:

1) Both (A) and (R) are correct and (R) is the correct explanation of (A).

2) (A) is not correct but (R) is correct.

3) Both (A) and (R) are correct but (R) is not the correct explanation of (A).

4) (A) is correct but (R) is not correct.

99 / 100

G20 Summit (2023) Proposed which Economic corridor including shipping and rail lines?

1) NELB (New Eurasian Land Bridge (Corridor))

2) IMEE (India Middle East Europe Economic Corridor)

3) CMREC (China Mongolia Russia Economic Corridor)

4) BRI (Belt and Road Initiative)

100 / 100

What is a misuse of committees?

(A) Authority
(B) Membership
(C) Replacement for a manager
(D) For decisions beyond participants authority

Choose the correct answer from the options given below:

1) (A) and (D) only

2) (C) and (A) only

3) (C) and (D) only

4) (A) and (B) only

Your score is

✅ Explanation:

❌ Why the other options are incorrect:

✅ Explanation:

(B) Domestic Company

(E) Domestic Company with Export Division

(A) Primarily Domestic Company with International Division

(D) Multinational Corporation with Multidomestic Emphasis

(C) Multinational Corporation with Global Emphasis

✅ Explanation:

✅ Explanation:

✅ Final Answer: (A)-(II), (B)-(I), (C)-(IV), (D)-(III)

❌ Why the other options are incorrect:

❌ Why the Other Options Are Incorrect:

❌ Why the incorrect options are wrong:

✅ Explanation:

✅ Explanation:

✅ Explanation:

1. Short-Term Agricultural Credit Institutions (A):

2. Long-Term Agricultural Credit Institutions (B):

3. Non-Agricultural Credit Co-operatives (C):

❌ Why option (D) is incorrect:

✅ Explanation:

(A) My Boat Attitude – (I)

(B) Shared Boat Attitude – (III)

(C) Our Boat Attitude – (II)

(D) Your Boat Attitude – (IV)

✅ Final Answer: (A)-(I), (B)-(III), (C)-(II), (D)-(IV)

✅ Explanation:

❌ Why the other options are incorrect:

✅ Final Answer: Liabilities = Assets – Capital ✅

Step 1: Given Transportation Table

Step 2: Apply North-West Corner Method

Step-by-Step Allocation:

Step 3: Final Allocation Table

Step 4: Calculate the Total Transportation Cost

✅ Explanation:

✅ Final Sequence (from later to initial): (B) → (D) → (C) → (A)

✅ Explanation:

Report a question

✅ Explanation:

❌ Why the other options are incorrect:

✅ Explanation:

(B) Domestic Company

(E) Domestic Company with Export Division

(A) Primarily Domestic Company with International Division

(D) Multinational Corporation with Multidomestic Emphasis

(C) Multinational Corporation with Global Emphasis

✅ Explanation:

✅ Explanation:

✅ Final Answer: (A)-(II), (B)-(I), (C)-(IV), (D)-(III)

❌ Why the other options are incorrect:

❌ Why the Other Options Are Incorrect:

❌ Why the incorrect options are wrong:

✅ Explanation:

✅ Explanation:

✅ Explanation:

1. Short-Term Agricultural Credit Institutions (A):

2. Long-Term Agricultural Credit Institutions (B):

3. Non-Agricultural Credit Co-operatives (C):

❌ Why option (D) is incorrect:

✅ Explanation:

(A) My Boat Attitude – (I)

(B) Shared Boat Attitude – (III)

(C) Our Boat Attitude – (II)

(D) Your Boat Attitude – (IV)

✅ Final Answer: (A)-(I), (B)-(III), (C)-(II), (D)-(IV)

✅ Explanation:

❌ Why the other options are incorrect:

✅ Final Answer: Liabilities = Assets – Capital ✅

Step 1: Given Transportation Table

Step 2: Apply North-West Corner Method

Step-by-Step Allocation:

Step 3: Final Allocation Table

Step 4: Calculate the Total Transportation Cost

✅ Explanation:

✅ Final Sequence (from later to initial): (B) → (D) → (C) → (A)

✅ Explanation: