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MH SET 2019: 23 June, Paper II, Management

  • Date: 23 June 2019
  • Paper code: JUN-51219
  • Series: A
  • Language: Bilingual
  • 24 pages
MH SET 2019 question paper, 23 June 2019, Paper II, Management, page 1 of 24
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Test Booklet Code & Serial No.
                                                                                                                     A
                                                             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.
JUN - 51219                                                                                          (To be filled by the Candidate)
Time Allowed : 2 Hours]                                                                                [Maximum Marks : 200
Number of Pages in this Booklet : 24                                                    Number of Questions in this Booklet : 100
                      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 100 objective type questions. Each question
           will carry two marks. All questions of Paper II will be compulsory.     2.
3.         At the commencement of examination, the question booklet
           will be given to the student. In the first 5 minutes, you are           3.
           requested to open the booklet and compulsorily examine it as
           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.
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                    the booklet with the information printed on the cover                  (ii)
                    page. Faulty booklets due to missing pages/questions
                    or questions repeated or not in serial order or any
                    other discrepancy should not be accepted and correct
                    booklet should be obtained from the invigilator within
                    the period of 5 minutes. Afterwards, neither the Question
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           (iii)    After this verification is over, the OMR Sheet Number
                                                                                           (iii)
                    should be entered on this Test Booklet.
4.         Each question has four alternative responses marked (A), (B),
           (C) and (D). You have to darken the circle as indicated below on        4.                      (A), (B), (C)    (D)
           the correct response against each item.
           Example : where (C) is the correct response.

                              A        B                 D                                           (C)
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JUN - 51219/II—A




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JUN - 51219/II—A
                                 Management
                                    Paper II
Time Allowed : 120 Minutes]                                  [Maximum Marks : 200
Note : This Paper contains Hundred (100) multiple choice questions. Each question
        carrying Two (2) marks. Attempt All questions.
1.   In a juice making company sales            4.   What is the term for the ‘rule of
     manager has set the goal of                     thumb’ type of bias in decision-
     increasing the sales by 20% in                  making ?
     summer season. At the end of
     summer, Manager will check either               (A) Framing bias
     goal has been achieved or not. This             (B) Hindsight bias
     function is known as :
                                                     (C) Over-confidence bias
     (A) Planning
                                                     (D) Heuristics
     (B) Organizing
                                                5.   “Natural resources determine the
     (C) Leading
                                                     course of development and constitute
     (D) Controlling                                 the challenge which may not be
2.   Which is not a characteristic of                accepted by the human mind”, who
     corporate social responsibility ?               has said it ?
     (A) Product Safety                              (A) W. Arthur Lewis
     (B) Consumer Rights                             (B) J.I. Fisher
     (C) Environmental Policies                      (C) Jan Tinbergen
     (D) Price-Fixing                                (D) W.W. Rostow
3.   Which of the following is the              6.   To eradicate the problem of poverty
     accountability for the achievement
                                                     Twenty Point Economic Programme
     of objectives, the use of resources,
                                                     was launched for the first time in
     and the adherence to organizational
                                                     India on :
     policy ?
     (A) Power                                       (A) 7th July, 1971

     (B) Responsibility                              (B) 7th July, 1975

     (C) Authority                                   (C) 26th January, 1951
     (D) Planning                                    (D) 15th August, 1983

                                            3                                     [P.T.O.
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7.   Assume that consumer’s income and            10. What are the barriers to effective
     the number of sellers in the market              communication ?
     for good X both falls. Based on this
                                                      (A) Moralising being judgemental
     information we can conclude with
                                                          and comments of consolation
     certainty that the equilibrium :
                                                      (B) Dialogue, summary and self-
     (A) Price will decrease
                                                          review
     (B) Price will increase
                                                      (C) Use of simple words, cool
     (C) Quantity will increase
                                                          reaction and defensive attitude
     (D) Quantity will decrease
                                                      (D) Personal statements, eye contact
8.   Which of the following is a                          and simple narration
     characteristic of capital as factor of
                                                  11. On the basis of function of Human
     production ?
                                                      Resource Management, the coverage
     (A) It never depreciates                         of personnel policies has been
     (B) It is fixed in supply                        classified by Michael Armstrong not

     (C) It is an active        factor of             include the following :

         production                                   (A) Adjudication Policies
     (D) It is a passive factor of                    (B) Employment Policies
         production
                                                      (C) Promotion Policies
9.   Dividing a task in number of steps,
                                                      (D) Relation Policies
     each of which is completed by an
     individual is essence of :                   12. Training need assessment should
                                                      consider all except :
     (A) Information              sharing
         perspective                                  (A) Changes in external environment

     (B) Departmentalization                          (B) Training objectives

     (C) Work specialization                          (C) Key changes in the technology

     (D) Collectiveness                               (D) The person
                                              4
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13. When the most recent information       16. Common core set of values amongst
                                               team members for cooperative and
    dominates someone’s perception             collaborative effort is an essentiality
    about others then there is :               for :
                                                 (A) Reinforcing transferability
    (A) Primary effect
                                                 (B) Reinforcing              team           role
    (B) Recency effect                               perception

    (C) Hallo effect                             (C) Reinforcing accountability
                                                 (D) Reforcing team workability
    (D) Projection bias
                                           17. Match the following and select
14. A process by which an individual           the correct answer from the codes
                                               given below :
    learns voluntary behaviour is :
                                                   List-I                          List-II
    (A) Classical Conditioning
                                                 (Theories)                 (Propagators)
    (B) Voluntary Conditioning             (1)   POSDCORB            (I)     Henry Fayol

    (C) Social Conditioning                (2)   Espirit De          (II) George A
                                                 Corps                    Pennock
    (D) Operant Conditioning               (3)   Integration         (III) Mary Parker
                                                 Theory                    Follette
15. The behaviour we learn from
                                           (4)   The illumina- (IV) Luther Gulick
    observing and imitating others
                                                 tion experiment
    explain through :
                                                 Codes :
    (A) Social Learning                                (1)     (2)         (3)       (4)
                                                 (A)   (IV)    (I)         (II)     (III)
    (B) Cognitive Learning
                                                 (B)   (IV)    (I)         (III)     (II)
    (C) Programmed Learning
                                                 (C)   (III)   (I)         (II)     (IV)
    (D) Linear Learning                          (D)   (IV)    (II)        (III)     (I)
                                       5                                                   [P.T.O.
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                                              19. Match the following (selection errors
18. MBTI is the most widely used                  List I with their descriptions List II)
                                                  and select the correct answer from
   instrument for personality analysis.
                                                  the codes given below :
   Which of the following statements                List-I                     List-II
                                              (1)   True Negative (I)          Selection score
   about MBTI is/are true ?                                                    is high; per-
                                                                               formance is
   (a) MBTI has 108 items.                                                     low
                                              (2)   True Positive          (II) Both selection
   (b) Sixteen personality types are                                            score and per-
                                                                                formance is
         generated by the instrument.                                           low
                                              (3)   False Negative (III) Selection score
   (c) MBTI has 100 items.                                               is low; per-
                                                                         formance is
                                                                         high
   (d) Sixteen personality types are
                                              (4)   False Positive (IV) Both selection
         based on a combination of four                                 score and per-
                                                                        formance is
         basic elements of psyche.                                      high
                                                    Codes :
   (e) MBTI was developed by a                               (1)    (2)       (3)     (4)
         father-daughter team.                      (A)      (II)   (III)    (IV)     (I)
                                                    (B)      (II)   (IV)     (III)    (I)
   (f)   MBTI was developed by a                    (C)      (IV)    (I)      (II)   (III)
         mother-daughter team.                      (D)   (III)     (II)     (IV)     (I)
                                              20. Which of the following may be
   (A) (a), (d) and (e) are true                  termed as a scientific and systematic
                                                  effort to modify the characteristics
                                                  of an employee’s job ?
   (B) (b), (c), (d) and (f) are true
                                                    (A) Job redesign
   (C) (a), (b), (e) and (f) are true               (B) Job enlargement
                                                    (C) Job enrichment
   (D) (f), (d) and (e) are true                    (D) Job description
                                          6
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21. Which of the following aspect of job
                                                23. Which of the following features
    cannot be considered under quality
    of work life ?                                  characterise the Balance Score Card

    (A) Freedom and autonomy to make                Method ?
         decisions on the job
                                                    (1) The score cards are cascading
    (B) Satisfactory            physical
         surroundings at workplace                      in nature and as such are all

    (C) Job satisfaction and job safety                 pervasive in an organisation.

    (D) Freedom and autonomy to leave
                                                    (2) It is supported by effective
         workplace without taking
         permission from the superiors                  communication system.

22. Members of the Trade Union are
                                                    (3) Standardization of goal is not
    required to pay a subscription per
    annum as per the provisions of                      rigid.

    Trade Union Act, 1926. For workers
                                                    (4) Customer focus is an integral
    working in other unorganised
    sectors, excepting rural workers, the               part of balance score cards.
    annual rate of subscription should
    not be less than :                              (A) (1), (2) and (3)

    (A) Re. 1 per annum                             (B) (2), (3) and (4)
    (B) Rs. 3 per annum
                                                    (C) (1), (3) and (4)
    (C) Rs. 12 per annum

    (D) Rs. 24 per annum                            (D) (1), (2) and (4)

                                            7                                   [P.T.O.
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24. What is a “Wild Cat Strike” ?              25. Who     is   associated   with    the


    (A) A strike perpetrated by workers             approaches to disciplinary action


        with the support of the relevant            such as judicial approach, human


        union without giving notice to              relations approach, human resource


        the employer.                               approach, group discipline approach

                                                    and leadership approach ?
    (B) Strike called by the union after

        resorting to a strike ballot.               (A) Mirza S. Saiddain


    (C) Strike called by a union with a             (B) N.N. Chatterjee


        formal notice to the employer               (C) Arun Monappa

        just a few minutes before the
                                                    (D) C.B. Mamoria

        commencement of the strike.
                                               26. Which of the following is not a career

    (D) Strike called by a group of
                                                    stage ?

        workers on the spur of the
                                                    (A) Growth
        moment without any formal
                                                    (B) Decline
        notice to the employer or any

                                                    (C) Exploration
        consent from the relevant

        union.                                      (D) Late Career

                                           8
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27. Key factors in skills development and       29. Alpha, Beta, Gamma A and Gamma
    talent management are :                         B changes are related to which
    (A) A broad definition of talent to             change ?
        ensure inclusivity                          (1) Structural change
    (B) Finding a balance between staff             (2) Process change
        development and making staff
                                                    (3) System change
        more employable
                                                    (4) Cognitive change
    (C) Compliance with the EE Act
                                                    Select the correct answer from the
    (D) Both (A) and (B)
                                                    following key :
28. Performance management is a
    system that :                                   (A) (1) and (2)
                                                    (B) Only (2)
    (1) Ensures that Employee’s
        performance is supporting                   (C) Only (4)
        company’s aim.                              (D) (3) and (4)
    (2) Starts with fixing performance          30. Which of the following is the correct
        standards and ends with
                                                    formula for calculating the direct
        comparing results with those
                                                    group relations of ‘Span of Control’
        standards.
                                                    as given by V.A. Garicuna ?
    (3) Includes daily or weekly
        interactions     to   ensure                             2n
                                                    (A) r    n        n   1
        continuous improvement in                                 n
        employee’s performance.
    (4) Ensures that employee has                              2n
                                                    (B) r    n        n   1
        requisite training to perform                           n
        the job.
                                                                 2n
    (A) Only (1)                                    (C) r    n        1
                                                                  n
    (B) (1), (3) and (4)
    (C) (1) and (4)                                              2n
                                                    (D) r    n        1
    (D) Only (2)                                                  n

                                            9                                     [P.T.O.
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31. Which of the following equations                        33. Which of the following will not be

      properly represents a derivation                          included in a balance sheet ?

      of the fundamental accounting                             (A) Accounts receivable

      equation ?
                                                                (B) Accounts payable

      (A) Assets + Liabilities = Owner’s                        (C) Sales

           equity
                                                                (D) Cash

      (B) Assets = Owner’s Equity
                                                            34. Which of the following transactions

      (C) Cash = Assets                                         will result in inflow of funds ?

      (D) Assets – Liabilities = Owner’s                        (1) Issue of debentures

           equity                                               (2) Conversion of debentures into

32. ......................... is the likelihood that                equity shares

      managers may place personal goals                         (3) Redemption of long-term loan

      ahead of corporate goals.
                                                                (4) Creation of general reserve

      (A) EPS maximisation                                      (A) Only (1)

      (B) Profit maximisation                                   (B) Only (4)

      (C) EVA problem                                           (C) Both (1) and (4)

      (D) Agency problem                                        (D) Both (2) and (3)

                                                       10
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35. In budgetary control ....................... is        38. Contribution per unit is Rs. 100.
                                                                 Fixed costs are Rs. 6,00,000.
      used whereas in standard costing
                                                                 Production and sales are 8,000 units.
      ...................... is used.
                                                                 Total contribution is :
      (A) Unit concept, Total concept                            (A) Rs. 6,00,000

      (B) Total concept, Unit concept                            (B) Rs. 4,00,000

                                                                 (C) Rs. 2,00,000
      (C) Marginal concept, Gross concept
                                                                 (D) Rs. 8,00,000
      (D) Gross concept, Marginal concept
                                                           39. Which of the following is not a
36. Cost accounting concepts include all                         major decision taken by a finance
      of the following, except :                                 manager ?

                                                                 (A) The investment decision
      (A) Planning
                                                                 (B) The financing decision
      (B) Controlling
                                                                 (C) The dividend policy decision
      (C) Profit sharing
                                                                 (D) The VMO decision

      (D) Product costing                                  40. ............................ represents the level
                                                                 of EBIT necessary for the firm to
37. ............................. is also known as
                                                                 break even on its fixed financial
      subsidiary budget.                                         charges i.e. interest and preference

      (A) Master budget                                          dividend.

                                                                 (A) Financial leverage
      (B) Cost budget
                                                                 (B) Financial BEP
      (C) Standard budget
                                                                 (C) Indifference point
      (D) Functional budget                                      (D) Operating leverage
                                                      11                                               [P.T.O.
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41. Which of the following is not an             43. Which of the following is not a form

                                                     of takeover ?
    example of systematic risk ?
                                                     (A) Friendly
    (A) The government changes the
                                                     (B) Hostile
         interest rates and the corporate
                                                     (C) Backflip
         tax rate is increased
                                                     (D) Divestiture

    (B) The inflation rate increases             44. The share valuation model which
                                                     states :
    (C) The company workers declare
                                                                          D
         strike                                                   P=
                                                                        Ke – g

    (D) The government withdraws tax                 where

         on dividend payments by                     P = Price of equity shares

         companies                                   D = Initial dividend

42. If the value of NPV for a project is             Ke = Cost of equity capital and

    zero, its PI will be :                           g = Expected growth rate in earnings

                                                     is related to .................. .
    (A) Zero
                                                     (A) Walter’s Model
    (B) One
                                                     (B) Gordon’s Model
    (C) More than one
                                                     (C) M-M Model

    (D) Less than one                                (D) Porter’s Model

                                            12
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45. ............................. is a sale of the        48. Which of the following statements
     existing firm to the management.                         is false ?

     (A) Leveraged buyout                                     (A) An option writer is one who sells

     (B) Management buyout                                         an option contract.

     (C) Spin-off                                             (B) Expiration date is the date
                                                                   beyond which the option has no
     (D) Split-up
                                                                   value.
46. APT as a model of security pricing
                                                              (C) Writing a call option and a put
     is based on the concept of :
                                                                   option will result in the same
     (A) Arbitrage
                                                                   payoffs to writer when spot
     (B) Equilibrium                                               falls.

     (C) Allocation                                           (D) A holder of a call option can

     (D) Amalgamation                                              incur losses at the most upto the
                                                                   premium amount he pays.
47. A portfolio consists of two securities
     with expected returns of 12% and                     49. As per factoring agreement the

     16% respectively. If the first security                  ...................... becomes responsible for

     accounts for 40% of portfolio, the                       all credit control, sales accounting

     return of portfolio will be :                            and debt collection from the buyers.

     (A) 14%                                                  (A) Control officer

     (B) 14.4%                                                (B) Debtor

     (C) 16%                                                  (C) Factor

     (D) 12%                                                  (D) Sales Accountant

                                                     13                                            [P.T.O.
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50. A rate of Rs. 73 per U.S. dollar is                   53. Major reason for accepting stability

    an example of ..................... quotation.            strategy is :

                                                              (A) Environment demands rapid
    (A) American
                                                                     activities
    (B) Indiana
                                                              (B) It is highly risky
    (C) Direct
                                                              (C) Requires additional resources

    (D) Indirect                                              (D) Potential opportunities are

51. In strategic management, important                               non-existent

    decisions are made by Board of                        54. If a company makes related
                                                              diversification, it will be known
    Directors. This level of strategic
                                                              as :
    management is known as :
                                                              (A) Concentric Diversification
    (A) Corporate Level
                                                              (B) Conglomerate Diversification
    (B) Business Level
                                                              (C) Controlled Diversification
    (C) Functional Level
                                                              (D) Rapid Diversification
    (D) Managerial Level                                  55. In case of GE 9 cell matrix, if

52. Performance          analysis       of   the              industry attractiveness is low but
                                                              business unit strength is high, the
    organization is described as :
                                                              product strategy should be :
    (A) SWOT analysis
                                                              (A) Invest
    (B) External analysis
                                                              (B) Protect
    (C) Internal analysis                                     (C) Harvest

    (D) Economic analysis                                     (D) Divest
                                                     14
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56. Core competencies are described as
                                                        59. Any paid form of non-personal
    ........................... in McKinsey’s 7S

    framework.                                              presentation by an identified

    (A) Strategies                                          sponsor is popularly known as :

    (B) Systems
                                                            (A) Advertising
    (C) Skills

    (D) Staff                                               (B) Personal Selling

57. Establishing an image of the product
                                                            (C) Direct Marketing
    or service in the mind of consumer

    is described as :                                       (D) Sales Promotion

    (A) New product development
                                                        60. The total assortment of products and
    (B) Positioning
                                                            services marketed by a firm are
    (C) Product life cycle

    (D) Sales promotion                                     called as :

58. First     step     of   new      product
                                                            (A) Product line
    development is :

    (A) Product Launch                                      (B) Individual product

    (B) Idea Screening
                                                            (C) Product mix
    (C) Idea Generation

    (D) Market Survey                                       (D) Product strategy

                                                   15                                    [P.T.O.
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61. Distribution strategy in which              63. The method of corporate image
    company limits its outlets in
                                                    building handling unfavourable
    different regions or buyer can buy
                                                    events and stories to get favourable
    in only company’s territory is
                                                    public response is called :
    classified as :

    (A) Intensive territorial agreement             (A) Sales Promotion


    (B) Selective territorial agreement             (B) Personal Selling

    (C) Inclusive territorial agreement
                                                    (C) Public Relations

    (D) Exclusive territorial agreement
                                                    (D) Advertising
62. Many companies in India are taking
                                                64. The concept of retail organisation in
    up rural marketing because :
                                                    which two or more outlets are
    (A) There is exemption from Sales-

        Tax                                         controlled and owned commonly is


    (B) There is clean environment                  classified as :


    (C) It is economic to distribute in             (A) Chain Stores

        rural markets
                                                    (B) Voluntary Stores
    (D) Rural market in India has a
                                                    (C) Super Stores
        tremendous potential that is yet

        to be tapped                                (D) Discount Stores

                                           16
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65. Collection of activities used to sell         68. Offering of all brands and brand
    products too directly to end users for            lines by a particular company is

    non-business use is classified as :               considered as :

    (A) Inter-modelling                               (A) Company portfolio

    (B) Distribution operation                        (B) Brand portfolio

    (C) Wholesaling                                   (C) Corporate portfolio

                                                      (D) Brand line portfolio
    (D) Retailing
                                                  69. Physical evidence in case of services
66. Marketing channel that involves no
                                                      marketing helps :
    intermediaries to make their
    products available to final buyers is             (A) To evaluate the services by

    classified as :                                        customers

    (A) Direct Channel                                (B) To easily deliver the services

                                                      (C) To evaluate the services by the
    (B) Indirect Channel
                                                           service provider
    (C) Flexible Channel
                                                      (D) To assess the service quality by
    (D) Static Channel
                                                           third party
67. The minor stimuli which determines            70. What is referred to the event when
    when and how customers will                       a customer’s expectations of a service
    respond in certain way is called :                encounter are not met ?

    (A) Perception                                    (A) Service scape

    (B) Cues                                          (B) Service recovery

    (C) Motives                                       (C) Service failure

    (D) Drives                                        (D) Service mix

                                             17                                     [P.T.O.
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71. Brand equity generally means :                     74. A type II error is :

     (A) Brand Attitude                                     (A) Accepting H0 when it is false

     (B) Brand Positioning
                                                            (B) Accepting H0 when it is true
     (C) Brand Value
                                                            (C) Rejecting H0 when it is false
     (D) Brand Sales
                                                            (D) Rejecting H0 when it is true
72. .......................... modules enable a
                                                       75. Sampling error can be reduced by :
     company to learn more about

     customers and their needs with each                    (A) Non-probability sampling

     interaction.
                                                            (B) Increasing the sample size
     (A) ERP
                                                            (C) Increasing the population
     (B) EDI
                                                            (D) Reducing the sample size
     (C) CRM
                                                       76. Which value of correlation coefficient
     (D) EFT
                                                            (r) suggests strongest correlation
73. Which of the following is not a
                                                            amongst the following ?
     measure of dispersion ?
                                                            (A) r = 0
     (A) Mean Deviation
                                                            (B) r = 0.25
     (B) Normal Deviation

     (C) Standard Deviation                                 (C) r = 0.75


     (D) Range                                              (D) r = –1

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77. The assumption that the variance             79. For the same volume of production,
                                                     process layout needs ................. space
    of the residuals about the predicated
                                                     as compared to product layout.
    dependent variable scores should
                                                     (A) less
    be same for all predicted scores
                                                     (B) equal
    reflects :
                                                     (C) more
    (A) Homogeneity
                                                     (D) cannot be determined

    (B) Normality                                80. The purpose of transportation
                                                     approach to locational analysis is to
    (C) Multicollinearity
                                                     minimise :
    (D) Homoscedasticity                             (A) Total Costs

78. If the optimum solution table of a               (B) Total Shipping Costs

    transportation problem has more                  (C) Total Variable Costs

    than one empty cell having their                 (D) Total Fixed Costs

    opportunity cost as zero, then it            81. In PERT/CPM network, a dummy
                                                     activity is necessary when :
    indicates that :
                                                     (A) Two activities have the same
    (A) The solution is not feasible
                                                          starting node
    (B) Something is wrong in the                    (B) Two activities have the same
         solution                                         ending node

                                                     (C) A node actually does not
    (C) A case of degeneracy
                                                          connect to another node
    (D) The problem has multiple
                                                     (D) When two activities share the
         solutions                                        same starting and ending node

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82. Which of the following is not the            85. As per the principle of comparative
    advantage of Special Economic Zone               advantage, a country shall benefit
    (SEZ) ?                                          in foreign trade if it :
    (A) Single window clearance
                                                     (A) has better technology
    (B) 100% income tax exemption
                                                     (B) has better management and
    (C) Ready market for products
                                                         techniques
    (D) Central/State taxes exemptions
                                                     (C) specializes in goods which could
83. Batch processing involves :                          be produced at comparatively
    (A) Processing of data much after                    lower costs
         the transaction has completed
                                                     (D) dumps goods in other countries
    (B) Processing of data as the
                                                 86. Transaction processing systems are
         transaction is happening
                                                     also called online system because :
    (C) Both (A) and (B)
                                                     (A) They record all transactions as
    (D) Processing of data as the
                                                         they happen in real time.
         transaction is happening, but
         form a batch storage                        (B) They record all activities of

84. Facebook Tackles Big data with                       various lines and functions in

    .................... based on Hadoop.                an organisation.

    (A) Project Prism                                (C) The record and aggregate

    (B) Prism                                            activities to report them online.

    (C) Project Data                                 (D) They    record     only   online

    (D) Project Bid                                      transactions of an organisation.

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87. What is Artificial Intelligence ?          89. Investors from all over the world

    (A) Putting your intelligence into
                                                    prefer investing in India through
          computer
                                                    Mauritius because :
    (B) Programming with your own

          intelligence                              (A) It involves minimum paper

    (C) Making a machine intelligent                    work

    (D) Putting more memory into
                                                    (B) It is cheap and convenient
          computer
                                                    (C) It is profitable in the long-run
88. If a country experiences deficit in

    the balance of payments accounts,               (D) Investors can take advantage of
    it can be corrected through :
                                                        double tax avoidance treaty
    (i)   demonetization
                                               90. The .............. approach emphasizes
    (ii) nationalization of industries
                                                    the human element of necessary
    (iii) exchange control

    (iv) import quotas                              change within organisations.


    Choose the correct alternative :                (A) OLAP

    (A) (i) and (ii)
                                                    (B) Data Mining
    (B) (iii) and (iv)
                                                    (C) Data Warehousing
    (C) (i) and (iii)

    (D) (i) and (iv)                                (D) BPR

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91. ........................ is a specialised firm
                                                          94. If the investment in fixed assets or
     that finances young, startup
     companies.                                               plant and machinery does not exceed

     (A) Finance Company
                                                              five    crore   rupees   then    that
     (B) Small Business Finance Co.
                                                              particular firm comes under the
     (C) Venture Capital Firm
                                                              category of :
     (D) Capital Creation Co.

92. The      concept      of    Small     Scale
                                                              (A) Medium Scale Industry
     Industries (SSIs) was brought to the
     fore by the :                                            (B) Small Scale Industry
     (A) Industrial Policy Resolution
           1948                                               (C) Cottage Industry

     (B) Industrial Policy Resolution
                                                              (D) Village Industry
           1956

     (C) Industrial Policy Statement                      95. The primary purpose of the five
           1977
                                                              forces model is to :
     (D) Industrial Policy Statement
           2016                                               (A) List the five forces in rank order
93. Which bank is called lender of last
     resort ?                                                 (B) Provide a graphic model

     (A) Commercial Bank
                                                              (C) Assess the five forces as
     (B) Agricultural Bank
                                                                     compared to the standard value
     (C) Industrial Bank

     (D) Central Bank                                         (D) Strategic analysis

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96. Innovation can help to provide a
                                                  99. Entrepreneurship can be best
    temporary competitive advantage
    when :                                            described as :
    (A) Barriers to entry are high
                                                      (A) a process involving innovation,
    (B) Barriers to imitation are low
        and intellectual property rights                  new products or services, and
        are difficult to enforce
                                                          value creation
    (C) Barriers to entry are low
    (D) There are few other competitors               (B) having a strong vision

97. Which of the following is not a
                                                      (C) taking significant risk in a
    significant reason for becoming a
    woman entrepreneur ?                                  business context

    (A) Self image as it relates to status
                                                      (D) a process that requires setting
    (B) Flexibility in working hours
                                                          up a business
    (C) Keeping oneself gainfully
        occupied
                                                  100. Which of the following gives the
    (D) Earning extra money for family
                                                      owners a negative right, preventing
98. Factors supporting establishing
    climate for Intrapreneurship in an                anyone from making, using, or
    organization :
                                                      selling the invention ?
    (A) Experimentation trial and error
        is encouraged                                 (A) Copyright
    (B) Failures not allowed
                                                      (B) Trade mark
    (C) Barriers to new product creation
        and development
                                                      (C) Patent
    (D) Limited resources with short-
        term goals                                    (D) Trade Secret

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ROUGH WORK




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