Machine-translated by Google. Questions are authored in English.
Top

MH SET 2018: 28 January, Paper II, Management

  • Date: 28 January 2018
  • Paper code: JAN51218
  • Series: A
  • Language: Bilingual
  • 16 pages
MH SET 2018 question paper, 28 January 2018, Paper II, Management, page 1 of 16
Page 1 of 16
Text of page 1
Test Booklet Code & No.
                                                                                                                     A
                                                                     Paper-II
                                                             MANAGEMENT
Signature and Name of Invigilator                                                                 Seat No.
1. (Signature) .........................................                                                   (In figures as in Admit Card)
      (Name) ................................................                     Seat No. ..............................................................
2. (Signature) .........................................                                                    (In words)

      (Name) ................................................                       OMR Sheet No.

JAN - 51218                                                                                          (To be filled by the Candidate)
Time Allowed : 1¼ Hours]                                                                              [Maximum Marks : 100
Number of Pages in this Booklet : 16                                                     Number of Questions in this Booklet : 50
                      Instructions for the Candidates
1.         Write your Seat No. and OMR Sheet No. in the space provided             1.
           on the top of this page.
2.         This paper consists of 50 objective type questions. Each question
           will carry two marks. All questions of Paper-II will be compulsory,     2.
           covering entire syllabus (including all electives, without options).
3.         At the commencement of examination, the question booklet
           will be given to the student. In the first 5 minutes, you are
           requested to open the booklet and compulsorily examine it as            3.
           follows :
           (i)      To have access to the Question Booklet, tear off the
                    paper seal on the edge of this cover page. Do not accept
                                                                                           (i)
                    a booklet without sticker-seal or open booklet.
           (ii)     Tally the number of pages and number of questions
                    in the booklet with the information printed on the                     (ii)
                    cover page. Faulty booklets due to missing pages/
                    questions or questions repeated or not in serial
                    o rder or any other discre pancy should not be
                    accepted and correct booklet should be obtained
                    from the invigilator within the period of 5 minutes.
                    Afterwards, neither the Question Booklet will be
                    replaced nor any extra time will be given. The same
                    may please be noted.
           (iii)    After this verification is over, the OMR Sheet Number
                    should be entered on this Test Booklet.                                (iii)
4.         Each question has four alternative responses marked (A), (B),
           (C) and (D). You have to darken the circle as indicated below on
           the correct response against each item.                                 4.                      (A), (B), (C)    (D)
           Example : where (C) is the correct response.

                              A        B                 D
                                                                                                     (C)
5.         Your responses to the items are to be indicated in the OMR
           Sheet given inside the Booklet only. If you mark at any place                                   A         B              D
           other than in the circle in the OMR Sheet, it will not be evaluated.
                                                                                   5.
6.         Read instructions given inside carefully.
7.         Rough Work is to be done at the end of this booklet.
8.         If you write your Name, Seat Number, Phone Number or put                6.
           any mark on any part of the OMR Sheet, except for the space             7.
           allotted for the relevant entries, which may disclose your              8.
           identity, or use abusive language or employ any other unfair
           means, you will render yourself liable to disqualification.
9.         You have to return original OMR Sheet to the invigilator at the
           end of the examination compulsorily and must not carry it with          9.
           you outside the Examination Hall. You are, however, allowed
           to carry the Test Booklet and duplicate copy of OMR Sheet on
           conclusion of examination.
10.        Use only Blue/Black Ball point pen.                                     10.
11.        Use of any calculator or log table, etc., is prohibited.                11.
12.        There is no negative marking for incorrect answers.                     12.
MH SET 2018 question paper, 28 January 2018, Paper II, Management, page 2 of 16
Page 2 of 16
Text of page 2
JAN - 51218/II—A




2
MH SET 2018 question paper, 28 January 2018, Paper II, Management, page 3 of 16
Page 3 of 16
Text of page 3
JAN - 51218/II—A
                                 Management
                                     Paper II
Time Allowed : 75 Minutes]                                      [Maximum Marks : 100
Note : This Paper contains Fifty (50) multiple choice questions. Each question
        carries Two (2) marks. Attempt All questions.



1.   When the total product (TP) is at           3.   As per theory of production, by

     its highest level, the corresponding             increasing the quantity of labor by
     marginal product (MP) is :                       one unit, the firm can give up 2 units
     (A) Highest                                      of capital and still continues to
     (B) Falling                                      produce the same level of output, the

     (C) Negative                                     marginal      rate   of    technical

     (D) Zero                                         substitution (MRTS) is :

2.   As per the neoclassical production               (A) 4
     theory, the economically meaningful
                                                      (B) 1
     region of production is marked by
     which feature of the following ?                 (C) 2

     (A) Total product rising, marginal               (D) 1/2
         product falling but is above
                                                 4.   The marginal fixed cost of production
         zero.
                                                      is always :
     (B) Total product and marginal
         product both rising.                         (A) Zero

     (C) Total product and marginal                   (B) Rising
         product are at the highest level.
                                                      (C) Falling
     (D) Average product and marginal
                                                      (D) Initially rising and then falling.
         product, both are rising.

                                             3                                      [P.T.O.
MH SET 2018 question paper, 28 January 2018, Paper II, Management, page 4 of 16
Page 4 of 16
Text of page 4
JAN - 51218/II—A

5.   All the following cost curves are           8.   Organize the following needs as
                                                      described by A. H. Maslow in correct
     U-shaped, except :
                                                      sequence :
     (A) MC curve
                                                      (1) Self-actualization need
     (B) AC curve
                                                      (2) Social belongingness need
     (C) AFC curve
                                                      (3) Physiological need
     (D) AVC curve
                                                      (4) Esteem need
6.   The way in which people come to
                                                      (5) Security need
     understand the cause of other and
     their own behaviour, is described by
     the process :                                    (A) 1, 2, 3, 4, 5

     (A) Consensus process                            (B) 5, 4, 2, 3, 1

     (B) Attribution process                          (C) 3, 5, 2, 4, 1

     (C) Consistency process                          (D) 5, 4, 3, 1, 2

     (D) Expectancy process                      9.   Which of the following is the correct

7.   The ability that involves viewing the            match ?

     organization as a whole and                      (A) Need Hierachy theory—D.C. Mc
     applying planning and thinking                       Clelland
     ability is :
                                                      (B) Two-factor Theory—A.          H.
     (A) Technical skill                                  Maslow

     (B) Interpersonal skill                          (C) E.R.G. Theory—Alderfer

     (C) Communication skill                          (D) Need Achievement Theory—

     (D) Conceptual skill                                 Herzberg

                                             4
MH SET 2018 question paper, 28 January 2018, Paper II, Management, page 5 of 16
Page 5 of 16
Text of page 5
JAN - 51218/II—A
                                                 12. When rater's ratings are heavily
10. It is believed that the labour groups
                                                     influenced either by behaviour
    are becoming more demanding and
                                                     exhibited by the ratee during the
    aware of their rights. Therefore their
                                                     early stages of the review period or
    demands can not be ignored. Timely
                                                     by outcomes or behour exhibited by
    and periodical acts of labour welfare
                                                     the ratee near the end of the review
    can appease the workers is belief of
                                                     period is known as :
    the following theory :
                                                     (A) Rater Effect
    (A) The Public Relation Theory
                                                     (B) Primacy and Recency Effect
    (B) The Philanthropic Theory
                                                     (C) Halo Effect
    (C) The Trusteeship Theory
                                                     (D) Status Effect
    (D) Placating Theory
                                                 13. If employee is paid on the basis of
11. The practice of replacing narrowly
                                                     number of jobs he or she is capable
    defined job descriptions with broader
                                                     of doing or on the depth of his or
    categories of related jobs is known
                                                     her knowledge then it is :
    as :
                                                     (A) Determining Grade
    (A) Job Replacement
                                                     (B) Pay Review System
    (B) Job Redesigning
                                                     (C) Skill-based pay system
    (C) Job Execution
                                                     (D) Job-based pay system
    (D) Job Banding

                                             5                                    [P.T.O.
MH SET 2018 question paper, 28 January 2018, Paper II, Management, page 6 of 16
Page 6 of 16
Text of page 6
JAN - 51218/II—A


14. Which of the following terms for          16. When .......................... is greater than

    choosing the individual who is best             zero the project should be accepted.

    suited to a particular position and
                                                    (A) Internal rate of return
    to the organization from a group of

    potential applicants :
                                                    (B) Profitability index

    (A) Recruitment
                                                    (C) Net present value
    (B) Staffing

                                                    (D) Modified internal rate of return
    (C) Enrollment

                                              17. Which of the following would not
    (D) Selection
                                                    improve the current ratio ?
15. Which of the following is the
                                                    (A) Borrow short-term to finance
    judgmental error in the process of
                                                         additional fixed assets
    perpetual interpretation ?
                                                    (B) Issue long-term debt to buy
    (A) Stereotyping error
                                                         inventory

    (B) Halo effect                                 (C) Sell common stock to reduce

                                                         current liabilities
    (C) Similarity error

                                                    (D) Sell fixed assets to reduce
    (D) Perpetual defence                                accounts payable


                                          6
MH SET 2018 question paper, 28 January 2018, Paper II, Management, page 7 of 16
Page 7 of 16
Text of page 7
JAN - 51218/II—A

18. .......................... is divided by the       21. ..................... enhance the market
       number of equity shares outstanding
                                                            value of shares and therefore equity
       to get book value per share.
                                                            capital is not free of cost.
       (A) Net Profit

       (B) Gross Profit                                     (A) Face value

       (C) Net Worth
                                                            (B) Dividends
       (D) Net Income
                                                            (C) Redemption value
19. Sales – Variable Costs – EBIT =
       .................................
                                                            (D) Book value
       (A) EBT
                                                       22. A company's costs take two
       (B) Financial leverage

       (C) Fixed cost                                       forms. .................. are costs that do not

       (D) Operating leverage                               vary with production or sales

20.                                                         revenue.
     Average Annual profits after taxes
?=         Average Investment
                                        ×100
                                                            (A) Fixed

       (A) Payback period
                                                            (B) Variable
       (B) Profitability Index

       (C) Average rate of return                           (C) Adjusted


       (D) Internal rate of return                          (D) Attributed


                                                   7                                             [P.T.O.
MH SET 2018 question paper, 28 January 2018, Paper II, Management, page 8 of 16
Page 8 of 16
Text of page 8
JAN - 51218/II—A

23. What is the first step in the process         25. These        goods      are    bought
                                                      infrequently, which are used
    of building a brand ?
                                                      repeatably and which involve a

    (A) Plan and implement brand                      reasonably high level of consumer
                                                      risk :
         marketing programs
                                                      (A) Impulse goods

    (B) Manage the brand through its                  (B) Luxury goods

                                                      (C) Non-durable goods
         life cycle
                                                      (D) Durable goods
    (C) Calculate existing brand equity           26. While solving a transportation
                                                      problem       by   applying    Vogel's
    (D) Identify and establish brand                  approximation method to a profit
                                                      maximisation problem, row and
         values and positioning strategy
                                                      column penalties are determined

24. Unlike physical goods, services are               by :

                                                      (A) Finding the smallest unit cost
    produced and ..........................
                                                             in each row or column
    simultaneously.                                   (B) Finding the difference between
                                                             the two highest unit costs in
    (A) launched                                             each row and column

                                                      (C) Finding the difference between
    (B) consumed
                                                             the two lowest unit costs in each

    (C) created                                              row and column.

                                                      (D) Finding the largest unit cost in
    (D) maximized
                                                             each row or column.

                                              8
MH SET 2018 question paper, 28 January 2018, Paper II, Management, page 9 of 16
Page 9 of 16
Text of page 9
JAN - 51218/II—A


27. X bar charts discover assignable                   29. The decision based on inspection by


                                                            variables is ................... reliable than
     causes ........................ samples.

                                                            by attributes.
     (A) between

                                                            (A) Less
     (B) within
                                                            (B) Less than

     (C) among
                                                            (C) More

     (D) inside
                                                            (D) More than

28. If better is the quality of the product
                                                       30. The ....................... is a plan for the

     ........................ is the sample size            production of individual end

     required.                                              items.


     (A) Larger                                             (A) JIT


                                                            (B) MRP II
     (B) Smaller

                                                            (C) MRP
     (C) Medium

                                                            (D) MPS
     (D) Minute

                                                   9                                            [P.T.O.
MH SET 2018 question paper, 28 January 2018, Paper II, Management, page 10 of 16
Page 10 of 16
Text of page 10
JAN - 51218/II—A


31. A one tailed test :                        33. The value of R2 .................


    (A) cannot be used in nominal
                                                    (A) is between –1 to 1
        distribution

                                                    (B) is always greater than 1
    (B) is non-directional


    (C) is directional
                                                    (C) is between –2 to 2

    (D) is based on normal distribution
                                                    (D) is between 0 and 1
        only


32. The person who ensures that                34. ...................... is a subset of data

    systems are developed on time,
                                                    warehouse.
    within budget and with acceptable

    quality is a :                                  (A) OLAP


    (A) Minister of Finance
                                                    (B) Data Mart

    (B) Project Manager

                                                    (C) Intelligent Agent
    (C) System Builder


    (D) Data Entry Operator                         (D) Relational Database



                                          10
MH SET 2018 question paper, 28 January 2018, Paper II, Management, page 11 of 16
Page 11 of 16
Text of page 11
JAN - 51218/II—A


35. Which         is   the     more      correct           37. ....................... are those firms who do

                                                                not have a consistent strategy, but
      statement ?
                                                                they are interested in guerilla
      (A) Type II error is also known as
                                                                warfare.
              error
                                                                (A) Defenders
      (B) Type II error depends upon side
                                                                (B) Prospectors
            of population.
                                                                (C) Analysers
      (C) Type II error occurs when one
                                                                (D) Reactors
            rejects a true hypothesis
                                                           38. In BCG matrix, problem children
      (D) Type II errors do not exists                          are the products having ...................

36. ..................... is the difference between             growth rate and .................... relative

                                                                market share.
      the      prospective          customer's

      evaluation of all the benefits and all                    (A) Low growth, relative high

                                                                      market share
      the costs of an offering and perceived

      alternatives                                              (B) Low growth, relative low market

                                                                      share
      (A) Perceived usefulness
                                                                (C) High growth, relative low
      (B) Failure avoidance rate
                                                                      market share

      (C) Report rating                                         (D) High growth, relative high

      (D) Customer perceived value                                    market share

                                                      11                                           [P.T.O.
MH SET 2018 question paper, 28 January 2018, Paper II, Management, page 12 of 16
Page 12 of 16
Text of page 12
JAN - 51218/II—A


39. As per the Mintzberg's model, the                      41. To replace a machine from a factory

    entrepreneurial mode of strategic                          that has been over used is a

    decision-making involves decisions                         .........................

    made by :
                                                               (A) Strategic decision

    (A) Single person
                                                               (B) Programmed decision

    (B) Group of persons
                                                               (C) Organizational decision

    (C) Board of directors
                                                               (D) Departmental decision

    (D) Production executives
                                                           42. Which of the following is described

40. The         policies         evolved   by    an            as a person's right to live in a

    organization                 for   growth   and            healthy environment, regardless of

    management                    is   termed    as            race, nationality, income gender or

    ..........................                                 age ?


    (A) Business strategy                                      (A) Environmental Fairness


    (B) Functional strategy                                    (B) Environmental Leadership


    (C) Corporate strategy                                     (C) Environmental Equality


    (D) Innovative strategy                                    (D) Meaningful Involvement

                                                      12
MH SET 2018 question paper, 28 January 2018, Paper II, Management, page 13 of 16
Page 13 of 16
Text of page 13
JAN - 51218/II—A

43. "We wish to be good citizens of every        45. To business organizations the term

                                                     'Stakeholder' means which of the
    community in which we operate."
                                                     following ?
    This is :
                                                     (A) All those parties which the
                                                           company does business with
    (A) Ethical Code
                                                     (B) All those interested in working
    (B) Legal Rule
                                                           for the company

    (C) Legal Act                                    (C) All those who have an interest
                                                           in the company
    (D) Political and Social Code
                                                     (D) Board of Directors of the

44. Socially responsible behaviour :                       company

                                                 46. Amit works for a company that
    (A) never    leads    to   improved
                                                     considers its mandate to reduce
         financial performance                       worldwide illiteracy. Profits are
                                                     distributed between shareholders
    (B) has     adverse    impact      on
                                                     and     literacy       programs.            This
         stakeholders                                business is a .........................

                                                     (A) Non-profit Enterprise
    (C) is in a firm's self-interest
                                                     (B) Social Venture
    (D) results in ill-will from the
                                                     (C) Social Enterprise
         community
                                                     (D) Social Entrepreneur

                                            13                                                 [P.T.O.
MH SET 2018 question paper, 28 January 2018, Paper II, Management, page 14 of 16
Page 14 of 16
Text of page 14
JAN - 51218/II—A


47. Opportunity loss refers to :                49. Response, learning, performance and

                                                    results are the four levels in
    (A) Expected value of a bad decision            evaluating                the    management

    (B) Expected loss from a bad                    program. This system of evaluation

                                                    is called :
        decision

                                                    (A) Taylor system
    (C) Difference between actual pay-

        off and optimal pay-off                     (B) Kirkpatrick's model


    (D) Regret from not having made                 (C) Werther & Devis Method

                                                    (D) Armstrong's method
        a decision

                                                50. The Small Industries Development
48. Psychological       approach      of
                                                    Bank           of       India   (SIDBI)      was

    entrepreneurship deals with :                   established in ......................... as a

                                                    wholly            owned         subsidiary    of
    (A) Profit motive
                                                    .....................


    (B) Performance motive                          (A) 1969, RBI

                                                    (B) 1990, RBI
    (C) Achievement motive
                                                    (C) 1990, IDBI

    (D) Status motive
                                                    (D) 1969, IDBI

                                           14
MH SET 2018 question paper, 28 January 2018, Paper II, Management, page 15 of 16
Page 15 of 16
Text of page 15
JAN - 51218/II—A

ROUGH WORK




    15                [P.T.O.
MH SET 2018 question paper, 28 January 2018, Paper II, Management, page 16 of 16
Page 16 of 16
Text of page 16
JAN - 51218/II—A

ROUGH WORK




    16
Page 1 of 16

Source: Savitribai Phule Pune University. Question paper published by Savitribai Phule Pune University.