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UGC NET 2014: December, Paper III, Commerce

  • Date: 28 December 2014
  • Paper code: subject 08, Paper III
  • Language: Bilingual
  • 32 pages
UGC NET 2014 question paper, December 2014, Paper III, Commerce, page 1 of 32
Page 1 of 32
Text of page 1
PAPER-III
                                                       COMMERCE
Signature and Name of Invigilator
1. (Signature) __________________________                                     OMR Sheet No. : ...............................................
     (Name) ____________________________                                                                    (To be filled by the Candidate)

2. (Signature) __________________________                                     Roll No.
     (Name) ____________________________                                                                 (In figures as per admission card)
                                                                              Roll No.________________________________
 D 0 8 1 4                                                                                   (In words)

Time : 2 1/2 hours]                                                                                          [Maximum Marks : 150
Number of Pages in this Booklet : 32                                                           Number of Questions in this Booklet : 75
        Instructions for the Candidates                                                                ¯Ö¸üßõÖÖÙ£ÖµÖÖë Ûêú ×»Ö‹ ×®Ö¤ìü¿Ö
1. Write your roll number in the space provided on the top of               1. ‡ÃÖ ¯Öéšü Ûêú ‰ú¯Ö¸ü ×®ÖµÖŸÖ Ã£ÖÖ®Ö ¯Ö¸ü †¯Ö®ÖÖ ¸üÖê»Ö ®Ö´²Ö¸ü ×»Ö×ÜÖ‹ …
    this page.                                                              2. ‡ÃÖ ¯ÖÏ¿®Ö-¯Ö¡Ö ´Öë ¯Ö“ÖÆü¢Ö¸ü ²ÖÆãü×¾ÖÛú»¯ÖßµÖ ¯ÖÏ¿®Ö Æïü …
2. This paper consists of seventy five multiple-choice type of              3. ¯Ö¸üßõÖÖ ¯ÖÏÖ¸ü´³Ö ÆüÖê®Öê ¯Ö¸ü, ¯ÖÏ¿®Ö-¯Öã×ßÖÛúÖ †Ö¯ÖÛúÖê ¤êü ¤üß •ÖÖµÖêÝÖß … ¯ÖÆü»Öê
    questions.                                                                  ¯ÖÖÑ“Ö ×´Ö®Ö™ü †Ö¯ÖÛúÖê ¯ÖÏ¿®Ö-¯Öã×ßÖÛúÖ ÜÖÖê»Ö®Öê ŸÖ£ÖÖ ˆÃÖÛúß ×®Ö´®Ö×»Ö×ÜÖŸÖ
3. At the commencement of examination, the question booklet                     •ÖÖÑ“Ö Ûêú ×»Ö‹ פüµÖê •ÖÖµÖëÝÖê, וÖÃÖÛúß •ÖÖÑ“Ö †Ö¯ÖÛúÖê †¾Ö¿µÖ Ûú¸ü®Öß Æîü :
    will be given to you. In the first 5 minutes, you are requested
    to open the booklet and compulsorily examine it as below :                  (i) ¯ÖÏ¿®Ö-¯Öã×ßÖÛúÖ ÜÖÖê»Ö®Öê Ûêú ×»Ö‹ ˆÃÖÛêú Ûú¾Ö¸ü ¯Öê•Ö ¯Ö¸ü »ÖÝÖß ÛúÖÝÖ•Ö
    (i) To have access to the Question Booklet, tear off the                             Ûúß ÃÖᯙ ÛúÖê ±úÖ›Ìü »Öë … ÜÖã»Öß Æãü‡Ô µÖÖ ×²Ö®ÖÖ Ã™üßÛú¸ü-ÃÖᯙ Ûúß
          paper seal on the edge of this cover page. Do not accept                       ¯Öã×ßÖÛúÖ Ã¾ÖßÛúÖ¸ü ®Ö Ûú¸ëü …
          a booklet without sticker-seal and do not accept an open              (ii) Ûú¾Ö¸ü ¯Öéšü ¯Ö¸ü ”û¯Öê ×®Ö¤ìü¿ÖÖ®ÖãÃÖÖ¸ü ¯ÖÏ¿®Ö-¯Öã×ßÖÛúÖ Ûêú ¯Öéšü ŸÖ£ÖÖ
          booklet.                                                                       ¯ÖÏ¿®ÖÖë Ûúß ÃÖÓܵÖÖ ÛúÖê †“”ûß ŸÖ¸üÆü “ÖîÛú Ûú¸ü »Öë ×Ûú µÖê ¯Öæ¸êü
    (ii) Tally the number of pages and number of questions                               Æïü … ¤üÖêÂÖ¯ÖæÞÖÔ ¯Öã×ßÖÛúÖ ×•Ö®Ö´Öë ¯Öéšü/¯ÖÏ¿®Ö Ûú´Ö ÆüÖë µÖÖ ¤ãü²ÖÖ¸üÖ †Ö
          in the booklet with the information printed on the                             ÝÖµÖê ÆüÖë µÖÖ ÃÖß׸üµÖ»Ö ´Öë ®Ö ÆüÖë †£ÖÖÔŸÖË ×ÛúÃÖß ³Öß ¯ÖÏÛúÖ¸ü Ûúß
          cover page. Faulty booklets due to pages/questions                             ¡Öã×™ü¯ÖæÞÖÔ ¯Öã×ßÖÛúÖ Ã¾ÖßÛúÖ¸ü ®Ö Ûú¸ëü ŸÖ£ÖÖ ˆÃÖß ÃÖ´ÖµÖ ˆÃÖê
          missing or duplicate or not in serial order or any                             »ÖÖî™üÖÛú¸ü ˆÃÖÛêú ãÖÖ®Ö ¯Ö¸ü ¤æüÃÖ¸üß ÃÖÆüß ¯ÖÏ¿®Ö-¯Öã×ßÖÛúÖ »Öê »Öë …
          other discrepancy should be got replaced immediately                           ‡ÃÖÛêú ×»Ö‹ †Ö¯ÖÛúÖê ¯ÖÖÑ“Ö ×´Ö®Ö™ü פüµÖê •ÖÖµÖëÝÖê … ˆÃÖÛêú ²ÖÖ¤ü ®Ö
          by a correct booklet from the invigilator within the                           ŸÖÖê †Ö¯ÖÛúß ¯ÖÏ¿®Ö-¯Öã×ßÖÛúÖ ¾ÖÖ¯ÖÃÖ »Öß •ÖÖµÖêÝÖß †Öî¸ü ®Ö Æüß †Ö¯ÖÛúÖê
          period of 5 minutes. Afterwards, neither the Question                          †×ŸÖ׸üŒŸÖ ÃÖ´ÖµÖ ×¤üµÖÖ •ÖÖµÖêÝÖÖ …
          Booklet will be replaced nor any extra time will be                   (iii) ‡ÃÖ •ÖÖÑ“Ö Ûêú ²ÖÖ¤ü OMR ¯Ö¡ÖÛú Ûúß ÛÎú´Ö ÃÖÓܵÖÖ ‡ÃÖ ¯ÖÏ¿®Ö-¯Öã×ßÖÛúÖ
          given.
    (iii) After this verification is over, the OMR Sheet Number                          ¯Ö¸ü †Ó×ÛúŸÖ Ûú¸ü ¤ëü …
          should be entered on this Test Booklet.                           4. ¯ÖÏŸµÖêÛú ¯ÖÏ¿®Ö Ûêú ×»Ö‹ “ÖÖ¸ü ˆ¢Ö¸ü ×¾ÖÛú»¯Ö (A), (B), (C) ŸÖ£ÖÖ (D) פüµÖê
4. Each item has four alternative responses marked (A), (B), (C)                ÝÖµÖê Æïü … †Ö¯ÖÛúÖê ÃÖÆüß ˆ¢Ö¸ü Ûêú ¾Öé¢Ö ÛúÖê ¯Öê®Ö ÃÖê ³Ö¸üÛú¸ü ÛúÖ»ÖÖ Ûú¸ü®ÖÖ Æîü
    and (D). You have to darken the circle as indicated below on                •ÖîÃÖÖ ×Ûú ®Öß“Öê פüÜÖÖµÖÖ ÝÖµÖÖ Æîü …
    the correct response against each item.                                     ˆ¤üÖÆü¸üÞÖ :
    Example :                                                                   •Ö²Ö×Ûúú(C) ÃÖÆüß ˆ¢Ö¸ü Æîü …
    where (C) is the correct response.                                      5. ¯ÖÏ¿®ÖÖë Ûêú ˆ¢Ö¸ü Ûêú¾Ö»Ö ¯ÖÏ¿®Ö ¯Öã×ßÖÛúÖ Ûêú †®¤ü¸ü פüµÖê ÝÖµÖê OMR ¯Ö¡ÖÛú ¯Ö¸ü
5. Your responses to the items are to be indicated in the OMR                   Æüß †Ó×ÛúŸÖ Ûú¸ü®Öê Æïü … µÖפü †Ö¯Ö OMR ¯Ö¡ÖÛú ¯Ö¸ü פüµÖê ÝÖµÖê ¾Öé¢Ö Ûêú †»ÖÖ¾ÖÖ
    Sheet given inside the Booklet only. If you mark at any                     ×ÛúÃÖß †®µÖ ãÖÖ®Ö ¯Ö¸ü ˆ¢Ö¸ü דÖÅ®ÖÖÓ×ÛúŸÖ Ûú¸üŸÖê Æïü, ŸÖÖê ˆÃÖÛúÖ ´Ö滵ÖÖÓÛú®Ö
    place other than in the circle in the OMR Sheet, it will not be             ®ÖÆüà ÆüÖêÝÖÖ …
    evaluated.                                                              6. †®¤ü¸ü פüµÖê ÝÖµÖê ×®Ö¤ìü¿ÖÖë ÛúÖê ¬µÖÖ®Ö¯Öæ¾ÖÔÛú ¯ÖœÌëü …
6. Read instructions given inside carefully.                                7. Ûú““ÖÖ ÛúÖ´Ö (Rough Work) ‡ÃÖ ¯Öã×ßÖÛúÖ Ûêú †×®ŸÖ´Ö ¯Öéšü ¯Ö¸ü Ûú¸ëü …
7. Rough Work is to be done in the end of this booklet.                     8. µÖפü †Ö¯Ö OMR ¯Ö¡ÖÛú ¯Ö¸ü ×®ÖµÖŸÖ Ã£ÖÖ®Ö Ûêú †»ÖÖ¾ÖÖ †¯Ö®ÖÖ ®ÖÖ´Ö, ¸üÖê»Ö
8. If you write your Name, Roll Number, Phone Number or put                     ®Ö´²Ö¸ü, ±úÖê®Ö ®Ö´²Ö¸ü µÖÖ ÛúÖê‡Ô ³Öß ‹êÃÖÖ ×“ÖÅ®Ö ×•ÖÃÖÃÖê †Ö¯ÖÛúß ¯ÖÆü“ÖÖ®Ö ÆüÖê
    any mark on any part of the OMR Sheet, except for the space                 ÃÖÛêú, †Ó×ÛúŸÖ Ûú¸üŸÖê Æïü †£Ö¾ÖÖ †³Ö¦ü ³ÖÖÂÖÖ ÛúÖ ¯ÖϵÖÖêÝÖ Ûú¸üŸÖê Æïü, µÖÖ ÛúÖê‡Ô
    allotted for the relevant entries, which may disclose your                  †®µÖ †®Öã×“ÖŸÖ ÃÖÖ¬Ö®Ö ÛúÖ ¯ÖϵÖÖêÝÖ Ûú¸üŸÖê Æïü, •ÖîÃÖê ×Ûú †Ó×ÛúŸÖ ×ÛúµÖê ÝÖµÖê
    identity, or use abusive language or employ any other unfair
    means such as change of response by scratching or using                     ˆ¢Ö¸ü ÛúÖê ×´Ö™üÖ®ÖÖ µÖÖ ÃÖ±êú¤ü õÖÖÆüß ÃÖê ²Ö¤ü»Ö®ÖÖ ŸÖÖê ¯Ö¸üßõÖÖ Ûêú ×»ÖµÖê
    white fluid, you will render yourself liable to disqualification.           †µÖÖêÝµÖ ‘ÖÖê×ÂÖŸÖ ×ÛúµÖê •ÖÖ ÃÖÛúŸÖê Æïü …
9. You have to return the test question booklet and Original                9. †Ö¯ÖÛúÖê ¯Ö¸üßõÖÖ ÃÖ´ÖÖ¯ŸÖ ÆüÖê®Öê ¯Ö¸ü ¯ÖÏ¿®Ö-¯Öã×ßÖÛúÖ ‹¾ÖÓ ´Öæ»Ö OMR ¯Ö¡ÖÛú
    OMR Sheet to the invigilators at the end of the examination                 ×®Ö¸üßõÖÛú ´ÖÆüÖê¤üµÖ ÛúÖê »ÖÖî™üÖ®ÖÖ †Ö¾Ö¿µÖÛú Æîü †Öî¸ü ¯Ö¸üßõÖÖ ÃÖ´ÖÖׯŸÖ Ûêú ²ÖÖ¤ü
    compulsorily and must not carry it with you outside the                     ˆÃÖê †¯Ö®Öê ÃÖÖ£Ö ¯Ö¸üßõÖÖ ³Ö¾Ö®Ö ÃÖê ²ÖÖÆü¸ü ®Ö »ÖêÛú¸ü •ÖÖµÖë … ÆüÖ»ÖÖÓ×Ûú †Ö¯Ö
    Examination Hall. You are, however, allowed to carry original               ¯Ö¸üßõÖÖ ÃÖ´ÖÖׯŸÖ ¯Ö¸ü ´Öæ»Ö ¯ÖÏ¿®Ö-¯Öã×ßÖÛúÖ ŸÖ£ÖÖ OMR ¯Ö¡ÖÛú Ûúß ›ãü¯»ÖßÛêú™ü
    question booklet and duplicate copy of OMR Sheet on                         ¯ÖÏ×ŸÖ †¯Ö®Öê ÃÖÖ£Ö »Öê •ÖÖ ÃÖÛúŸÖê Æïü …
    conclusion of examination.                                              10. Ûêú¾Ö»Ö ®Öß»Öê/ÛúÖ»Öê ²ÖÖ»Ö ¯¾ÖÖ‡Õ™ü ¯Öê®Ö ÛúÖ Æüß ‡ÃŸÖê´ÖÖ»Ö Ûú¸ëü …
10. Use only Blue/Black Ball point pen.                                     11. ×ÛúÃÖß ³Öß ¯ÖÏÛúÖ¸ü ÛúÖ ÃÖÓÝÖÞÖÛú (Ûîú»ÖÛãú»Öê™ü¸ü) µÖÖ »ÖÖÝÖ ™êü²Ö»Ö †Öפü ÛúÖ
11. Use of any calculator or log table etc., is prohibited.                     ¯ÖϵÖÖêÝÖ ¾ÖÙ•ÖŸÖ Æîü …
12. There is no negative marks for incorrect answers.                       12. ÝÖ»ÖŸÖ ˆ¢Ö¸üÖë Ûêú ×»Ö‹ ÛúÖê‡Ô ®ÖÛúÖ¸üÖŸ´ÖÛú †ÓÛú ®ÖÆüà Æïü …
13. In case of any discrepancy in the English and Hindi versions,           13. µÖפü †ÓÝÖÏê•Öß µÖÖ ØÆü¤üß ×¾Ö¾Ö¸üÞÖ ´Öë ÛúÖê‡Ô ×¾ÖÃÖÓÝÖ×ŸÖ ÆüÖê, ŸÖÖê †ÓÝÖÏê•Öß ×¾Ö¾Ö¸üÞÖ
    English version will be taken as final.                                     †Ó×ŸÖ´Ö ´ÖÖ®ÖÖ •ÖÖ‹ÝÖÖ …
    D-08-14                                                             1                                                                                   P.T.O.
UGC NET 2014 question paper, December 2014, Paper III, Commerce, page 2 of 32
Page 2 of 32
Text of page 2
COMMERCE
                                         Paper – III

Note : This paper contains seventy five (75) objective type questions of two (2) marks each. All
       questions are compulsory.

1.   Match the items of List – I with List – II :
                          List – I                              List – II
           (International Economic Groups)              (Year of Establishment)
     a. European Union (EU)                             i. 1973
     b. European Free Trade Association (EFTA)          ii. 1992
     c. Caribbean Community (CARICOM)                   iii. 1985
     d. South Asian Association for Regional            iv. 1960
         Cooperation (SAARC)
     Codes :
           a      b    c      d
     (A) ii      iv   iii     i
     (B)   ii    iv    i     iii
     (C) iv       ii    i    iii
     (D) iii       i   ii    iv

2.   The important objectives of WTO are :
     (i) To improve the quality of technology in the member countries.
     (ii) To improve the standard of living of people in the member countries.
     (iii) To ensure full employment and broad increase in effective demand.
     (iv) To enlarge production and trade of goods.
     (v) To increase trade of services
     Codes :
     (A) (i), (ii), (iii) and (iv)           (B) (ii), (iii), (iv) and (v)
     (C) (i), (ii), (iii) and (v)            (D) (i), (iii), (iv) and (v)

3.   Assertion (A) : The industrial growth in India has been hampered by the burden of many
          controls and regulations.
     Reason (R) : The New Industrial Policy seeks to liberate the industry from the shackles of
          Licensing System.
     Codes :
     (A) Assertion (A) is correct, but Reason (R) is not correct.
     (B) Assertion (A) is correct and Reason (R) is right explanation of (A).
     (C) Both Assertion (A) and Reason (R) are correct.
     (D) Both Assertion (A) and Reason (R) are incorrect.
Paper-III                                      2                                      D-08-14
UGC NET 2014 question paper, December 2014, Paper III, Commerce, page 3 of 32
Page 3 of 32
Text of page 3
¾ÖÖ×ÞÖ•µÖ
                                                                 ¯ÖÏ¿®Ö¯Ö¡Ö – III
 ®ÖÖê™ü : ‡ÃÖ ¯ÖÏ¿®Ö¯Ö¡Ö ´Öë ¯Ö“ÖÆü¢Ö¸ü (75) ²ÖÆãü-×¾ÖÛú»¯ÖßµÖ ¯ÖÏ¿®Ö Æïü … ¯ÖÏŸµÖêÛú ¯ÖÏ¿®Ö Ûêú ¤üÖê (2) †ÓÛú Æïü … ÃÖ³Öß ¯ÖÏ¿®Ö †×®Ö¾ÖÖµÖÔ Æïü …
1.      ÃÖæ“Öß – I Ûúß ´Ö¤üÖë ÛúÖê ÃÖæ“Öß – II Ûêú ÃÖÖ£Ö ÃÖã´Öê×»ÖŸÖ Ûú¸ëü :
                                        ÃÖæ“Öß – I                                 ÃÖæ“Öß – II
                           (†ÓŸÖ¸üÖÔ™ÒüßµÖ †ÖÙ£ÖÛú ÃÖ´ÖæÆü)                    (ãÖÖ¯Ö®ÖÖ ÛúÖ ¾ÖÂÖÔ)
        a.       µÖæ¸üÖê¯ÖßµÖ ÃÖÓ‘Ö (‡Ô.µÖæ.)                                  i.       1973
        b.       µÖæ¸üÖê¯ÖßµÖ ´ÖãŒŸÖ ¾µÖÖ¯ÖÖ¸ü ÃÖÓ‘Ö (‡Ô.‹±ú.™üß.‹.)           ii.      1992
        c.       Ûîú¸êüײֵÖÖ‡Ô ÃÖ´Öã¤üÖµÖ (Ûîú¸üßÛúÖ´Ö)                       iii.     1985
        d.       ¤ü×õÖÞÖ ‹×¿ÖµÖÖ‡Ô õÖê×¡ÖµÖ ÃÖÆüµÖÖêÝÖ ÃÖÓÝÖšü®Ö (ÃÖÖÛÔú)      iv.      1960
        Ûæú™ü :
                 a        b        c         d
        (A)     ii       iv       iii        i
        (B)     ii       iv        i        iii
        (C)     iv       ii        i        iii
        (D)     iii       i       ii        iv


2.      ×¾Ö¿¾Ö ¾µÖÖ¯ÖÖ¸ü ÃÖÓÝÖšü®Ö Ûêú ´ÖÆü¢¾Ö¯ÖæÞÖÔ ˆ¤Ëü¤êü¿µÖ Æïü :
        (i) ÃÖ¤üÃµÖ ¤êü¿ÖÖë ´Öë ŸÖÛú®ÖßÛúß ÝÖãÞÖ¾Ö¢ÖÖ ÛúÖê ²ÖœÌüÖ®ÖÖ
        (ii) ÃÖ¤üÃµÖ ¤êü¿ÖÖë ´Öë »ÖÖêÝÖÖë ÛúÖ •Öß¾Ö®Ö ÃŸÖ¸ü ²ÖœÌüÖ®ÖÖ
        (iii) ¯ÖϳÖÖ¾ÖÛúÖ¸üß ´ÖÖÑÝÖ ´Öë ¯ÖæÞÖÔ ¸üÖê•ÖÝÖÖ¸ü †Öî¸ü ¾µÖÖ¯ÖÛú ¾Öéרü ÃÖã×®Ö׿“ÖŸÖ Ûú¸ü®ÖÖ
        (iv) ¾ÖßÖã†Öë ÛúÖ ˆŸ¯ÖÖ¤ü®Ö †Öî¸ü ¾µÖÖ¯ÖÖ¸ü ²ÖœÌüÖ®ÖÖ
        (v) ÃÖê¾ÖÖ†Öë ÛúÖ ¾µÖÖ¯ÖÖ¸ü ²ÖœÌüÖ®ÖÖ
        Ûæú™ü :
        (A) (i), (ii), (iii) †Öî¸ü (iv)                                   (B) (ii), (iii), (iv) †Öî¸ü (v)
        (C) (i), (ii), (iii) †Öî¸ü (v)                                    (D) (i), (iii), (iv) †Öî¸ü (v)


3.      †×³ÖÛú£Ö®Ö (A) : ³ÖÖ¸üŸÖ ´Öë †ÖîªÖê×ÝÖÛú ×¾ÖÛúÖÃÖ ŸÖ´ÖÖ´Ö ×®ÖµÖÓ¡ÖÞÖÖë †Öî¸ü ×®ÖµÖ´Ö®ÖÖë Ûêú ³ÖÖ¸ü «üÖ¸üÖ ²ÖÖ×¬ÖŸÖ Æãü†Ö Æîü …
        ÛúÖ¸üÞÖ (R) : ®Ö‡Ô †ÖîªÖê×ÝÖÛú ®ÖßןÖ, »ÖÖ‡ÃÖëØÃÖÝÖ ¯ÖÏÞÖÖ»Öß Ûúß •ÖÛú›Ìü ÃÖê ˆªÖêÝÖÖë ÛúÖê þ֟ÖÓ¡Ö Ûú¸ü®ÖÖ “ÖÖÆüŸÖß Æîü …
        Ûæú™ü :
        (A) †×³ÖÛú£Ö®Ö (A) ÃÖÆüß Æîü, »Öê×Ûú®Ö ÛúÖ¸üÞÖ (R) ÃÖÆüß ®ÖÆüà Æîü
        (B) †×³ÖÛú£Ö®Ö (A) ÃÖÆüß Æîü †Öî¸ü ÛúÖ¸üÞÖ (R), (A) Ûúß ÃÖÆüß ¾µÖÖܵÖÖ Æîü …
        (C) †×³ÖÛú£Ö®Ö (A) †Öî¸ ÛúÖ¸üÞÖ (R) ¤üÖê®ÖÖë ÃÖÆüß Æïü …
        (D) †×³ÖÛú£Ö®Ö (A) †Öî¸ü ÛúÖ¸üÞÖ (R) ¤üÖê®ÖÖë ÝÖ»ÖŸÖ Æïü …
D-08-14                                                                   3                                                         Paper-III
UGC NET 2014 question paper, December 2014, Paper III, Commerce, page 4 of 32
Page 4 of 32
Text of page 4
4.   Internal environment of a business includes :
     (i) Business ethics and moral standards
     (ii) Business and managerial policies
     (iii) Prospects of business development
     (iv) Government rules and regulations
     (v) Industrial relations
     Codes :
     (A) (i), (ii), (iv) and (v)              (B) (ii), (iii), (iv) and (v)
     (C) (i), (ii), (iii) and (iv)            (D) (i), (ii), (iii) and (v)

5.   Identify the incorrect combination from the following :
              Finance        Constituted          Report                Chairman
            Commission         (Year)       Submitted (Year)
                  st
     (A)        1               1951               1953                 K.C. Neogi
                  th
     (B)        7               1977               1978                 J.M. Shelat
                     th
     (C)        11              1998               2000                 N.K.P. Salve
                     th
     (D)        13              2007               2009                 V.L. Kelkar

6.   A flexible budget requires careful study and classification of expenses into
     (A) Product expenses and period expenses
     (B) Past and current expenses
     (C) Administrative, selling and factory expenses
     (D) Fixed, semi-variable and variable expenses

7.   Responsibility accounting aims at collecting and reporting costing information
     (A) Department-wise                      (B) Cost centre-wise
     (C) Function-wise                        (D) Product-wise

8.   Return on Investment (RoI) is computed as
     (A) Net Profit Ratio × Capital Turnover Ratio
     (B) Operating Net Profit Ratio × Shareholders Fund
     (C) Net Profit / Sales
     (D) Cost of Sales / Capital Employed

9.   Margin of Safety is calculated by using
             Profit                               Fixed Cost
     (A) P / V Ratio                         (B) Contribution
          Break Even Sales                       Profit
     (C)                                     (D) Sales
                Sales

Paper-III                                        4                                     D-08-14
UGC NET 2014 question paper, December 2014, Paper III, Commerce, page 5 of 32
Page 5 of 32
Text of page 5
4.   ¾µÖ¾ÖÃÖÖµÖ ÛúÖ †Ö®ŸÖ׸üÛú ¾ÖÖŸÖÖ¾Ö¸üÞÖ ÃÖ×´´Ö×»ÖŸÖ Ûú¸üŸÖÖ Æîü :
     (i) ¾µÖÖ¾ÖÃÖÖ×µÖÛú ®ÖîןÖÛúŸÖÖ †Öî¸ü ®ÖîןÖÛú ´ÖÖ®ÖÛú
     (ii) ¾µÖÖ¾ÖÃÖÖ×µÖÛú †Öî¸ü ¯ÖϲÖÓ¬ÖÛúßµÖ ®ÖßןֵÖÖÑ
     (iii) ¾µÖÖ¾ÖÃÖÖ×µÖÛú ×¾ÖÛúÖÃÖ Ûúß ÃÖÓ³ÖÖ¾Ö®ÖÖ
     (iv) ÃÖ¸üÛúÖ¸üß ×®ÖµÖ´Ö †Öî¸ü ×®ÖµÖ´Ö®Ö
     (v) †ÖîªÖê×ÝÖÛú ÃÖÓ²ÖÓ¬Ö
     Ûæú™ü :
     (A) (i), (ii), (iv) †Öî¸ü (v)                              (B)             (ii), (iii), (iv) †Öî¸ü (v)
     (C) (i), (ii), (iii) †Öî¸ü (iv)                            (D)             (i), (ii), (iii) †Öî¸ü (v)


5.   ×®Ö´®Ö×»Ö×ÜÖŸÖ ´Öë ÃÖê ÝÖ»ÖŸÖ ÃÖ´ÖæÆü ÛúÖê דÖ×®ÆüŸÖ Ûú¸ëü :
              ×¾Ö¢Ö †ÖµÖÖêÝÖ Ã£ÖÖ×¯ÖŸÖ (¾ÖÂÖÔ) ¯ÖÏן־Öê¤ü®Ö ¯ÖÏßÖã×ŸÖ (¾ÖÂÖÔ)                   “ÖêµÖ¸ü´Öî®Ö
     (A) ¯ÖÆü»ÖÖ                         1951                     1953                           Ûêú.ÃÖß. ×®ÖµÖÖêÝÖß
     (B) ÃÖÖŸÖ¾ÖÖÑ                       1977                     1978                           •Öê.‹´Ö. ¿Öê»Ö™ü
     (C) ݵÖÖ¸üÆü¾ÖÖÑ                    1998                     2000                           ‹®Ö.Ûêú.¯Öß. ÃÖÖ»¾Öê
     (D) ŸÖê¸üÆü¾ÖÖÑ                     2007                     2009                           ¾Öß.‹»Ö. Ûêú»ÖÛú¸ü

6.   »ÖÖê“Ö¤üÖ¸ü ²Ö•Ö™ü, ¾µÖµÖÖë ÛúÖ ÃÖÖ¾Ö¬ÖÖ®Öߝֿ¾ÖÔÛú †¬µÖµÖ®Ö †Öî¸ü ¾ÖÝÖáÛú¸üÞÖ Ûú¸üŸÖÖ Æîü
     (A) ˆŸ¯ÖÖ¤ü ÜÖ“ÖÔ †Öî¸ü ÃÖ´ÖµÖ ÜÖ“ÖÔ ´Öë                      (B) ³ÖæŸÖ †Öî¸ü ¾ÖŸÖÔ´ÖÖ®Ö ÜÖ“ÖÔ ´Öë
     (C) ¯ÖÏ¿ÖÖÃÖ×®ÖÛú ײÖÛÎúß †Öî¸ü ÛúÖ¸üÜÖÖ®ÖÖ ÜÖ“ÖÔ ´Öë         (D) ×ãָü, †¬ÖÔ-¯Ö׸ü¾ÖŸÖÔ®ÖßµÖ †Öî¸ü ¯Ö׸ü¾ÖŸÖÔ®ÖßµÖ ÜÖ“ÖÔ ´Öë


7.   ˆ¢Ö¸ü¤üÖ×µÖŸ¾Ö »ÖêÜÖÖÓÛú®Ö ÛúÖ ˆ¤Ëü¤êü¿µÖ »ÖÖÝÖŸÖ ÃÖæ“Ö®ÖÖ†Öë ÛúÖê ‹Ûú×¡ÖŸÖ ‹¾ÖÓ ¯ÖÏן־ÖêפüŸÖ Ûú¸ü®ÖÖ ÆüÖêŸÖÖ Æîü
     (A) ×¾Ö³ÖÖÝÖÖ®ÖãÃÖÖ¸ü                                         (B) »ÖÖÝÖŸÖ Ûêú®¦üÖ®ÖãÃÖÖ¸ü
     (C) ÛúÖµÖÖÔ®ÖãÃÖÖ¸ü                                           (D) ˆŸ¯ÖÖ¤üÖ®ÖãÃÖÖ¸ü


8.   ‘×¾Ö×®ÖµÖÖêÝÖ ¯Ö¸ü ¯ÖÏŸµÖÖµÖ’ Ûúß ÝÖÞÖ®ÖÖ ×ÛúÃÖ ¯ÖÏÛúÖ¸ü ÆüÖêŸÖß Æîü ?
     (A)      ¿Öã¨ü »ÖÖ³Ö †®Öã¯ÖÖŸÖ × ¯ÖæÑ•Öß †Ö¾ÖŸÖÔ †®Öã¯ÖÖŸÖ (B) ¯Ö׸ü“ÖÖ×»ÖŸÖ ¿Öã¨ü »ÖÖ³Ö †®Öã¯ÖÖŸÖ × †Ó¿Ö¬ÖÖ¸üÛúÖë ÛúÖ ÛúÖêÂÖ
     (C)      ¿Öã¨ü »ÖÖ³Ö / ײÖÛÎúß                             (D) ײÖÛÎúß Ûúß »ÖÖÝÖŸÖ / ×¾Ö×®ÖµÖÖê×•ÖŸÖ ¯ÖæÑ•Öß


9.   ÃÖã¸üõÖÖ ˆ¯ÖÖ®ŸÖ Ûúß ÝÖÞÖ®ÖÖ ×ÛúÃÖÛêú ¯ÖϵÖÖêÝÖ «üÖ¸üÖ ÆüÖêŸÖß Æîü ?
                     »ÖÖ³Ö                                                  ×ãָü »ÖÖÝÖŸÖ
     (A) ¯Öß/¾Öß †®Öã¯ÖÖŸÖ                                              (B)    †Ó¿Ö¤üÖ®Ö
              ÃÖ´Ö×¾Ö“”êû¤ü ײÖÛÎúß                                          »ÖÖ³Ö
     (C)              ײÖÛÎúß                                           (D)  ײÖÛÎúß
D-08-14                                                                   5                                                   Paper-III
UGC NET 2014 question paper, December 2014, Paper III, Commerce, page 6 of 32
Page 6 of 32
Text of page 6
10.   Pre-acquisition profit in subsidiary company is considered as
      (A) Revenue profit                       (B) Capital profit
      (C) Goodwill                             (D) Minority interest

11.   Assertion (A) : The financial statements prepared on historical cost basis result into an
            erosion of capital in the long run.
      Reason (R) : Maintaining the books of accounts as per Current Purchasing Power
            Technique only may contain the inflationary pressure.
      In the context of above two statements, which one of the following is correct one ?
      (A) Both (A) and (R) are true and (R) is the correct explanation of (A).
      (B) Both (A) and (R) are true, but (R) is not the correct explanation of (A).
      (C) (A) is true, but (R) is false.
      (D) (A) is false, but (R) is true.

12.   Secondary market intermediaries for corporate securities in India are
      I.   Investors                          II. Jobbers
      III. Brokers and sub-brokers            IV. Portfolio consultants
      Codes :
      (A) I, II and III only                  (B) II, III and IV only
      (C) II and III only                     (D) III and IV only

13.   The type of lease requiring an agreement between the financier and lessor is known as
      (A) Financial lease                      (B) Sale and lease back
      (C) Leveraged lease                      (D) Operating lease

14.   Match the various stock exchanges in List – I with the years of their establishment in
      List – II as follows and suggest the correct code :
                              List – I                      List – II
      a. National Stock Exchange (NSE)                    i. 1875
      b. MCX Stock Exchange (MCX-SX)                      ii. 1992
      c. Bombay Stock Exchange (BSE)                      iii. 2000
      d. Interconnected Stock Exchange of India (ISEI) iv. 2008
      Codes :
              a      b    c     d
      (A) ii        iv    i    iii
      (B)     ii    iii  iv     i
      (C)     i     iii   ii   iv
      (D) iii       ii   iv     i

Paper-III                                       6                                      D-08-14
UGC NET 2014 question paper, December 2014, Paper III, Commerce, page 7 of 32
Page 7 of 32
Text of page 7
10.   ×ÛúÃÖß †®ÖãÂÖÓÝÖß ÛÓú¯Ö®Öß ´Öë ¯Öæ¾ÖÔ-†×¬ÖÝÖÏÆüÞÖ »ÖÖ³Ö ÛúÖê ´ÖÖ®ÖÖ •ÖÖŸÖÖ Æîü
      (A) ¸üÖ•ÖÃ¾Ö »ÖÖ³Ö                                               (B) ¯ÖæÑ•Öß »ÖÖ³Ö
      (C) ܵÖÖ×ŸÖ                                                      (D) †»¯ÖÃÖÓܵÖÛú ׯüŸÖ

11.   Ûú£Ö®Ö (A) : ‹ê×ŸÖÆüÖ×ÃÖÛú »ÖÖÝÖŸÖ †Ö¬ÖÖ¸ü ¯Ö¸ü ŸÖîµÖÖ¸ü Ûúß ÝÖ‡Ô ×¾Ö¢ÖßµÖ ×¾Ö¾Ö¸üÞÖß ÛúÖ ¯Ö׸üÞÖÖ´Ö ¤üß‘ÖÔÛúÖ»Ö ´Öë ¯ÖæÑ•Öß ÃÖ´ÖÖ¯ŸÖ
              ÆüÖê®Öê Ûêú ºþ¯Ö ´Öë ÆüÖêŸÖÖ Æîü …
      ŸÖÛÔú (R) : Ûêú¾Ö»Ö “ÖÖ»Öæ ÛÎúµÖ ¿Ö׌ŸÖ ŸÖÛú®ÖßÛú Ûêú †®ÖãÃÖÖ¸ü »ÖêÜÖÖÓÛú®Ö ¯Öã×ßÖÛúÖ ŸÖîµÖÖ¸ü Ûú¸ü®ÖÖ ´Öã¦üÖñúß×ŸÖ ¤ü²ÖÖ¾Ö ÛúÖê ¸üÖêÛú
              ÃÖÛúŸÖÖ Æîü …
      ˆŒŸÖ ¤üÖê®ÖÖë Ûú£Ö®ÖÖë Ûêú ÃÖÓ¤ü³ÖÔ ´Öë ×®Ö´®Ö×»Ö×ÜÖŸÖ ´Öë ÃÖê ÛúÖî®Ö ÃÖÆüß Æîü ?
      (A) (A) †Öî¸ü (R) ¤üÖê®ÖÖë ÃÖÆüß Æïü ŸÖ£ÖÖ (R), (A) Ûúß ÃÖÆüß ¾µÖÖܵÖÖ Ûú¸üŸÖÖ Æîü …
      (B) (A) †Öî¸ü (R) ¤üÖê®ÖÖë ÃÖÆüß Æïü, ×Ûú®ŸÖã (R), (A) Ûúß ÃÖÆüß ¾µÖÖܵÖÖ ®ÖÆüà Ûú¸üŸÖÖ Æîü …
      (C) (A) ÃÖÆüß Æîü ×Ûú®ŸÖã (R) ÝÖ»ÖŸÖ Æîü …
      (D) (A) ÝÖ»ÖŸÖ Æîü ×Ûú®ŸÖã (R) ÃÖÆüß Æîü …

12.   ³ÖÖ¸üŸÖ ´Öë ×®ÖÝÖ´ÖßµÖ ¯ÖÏ×ŸÖ³Öæ×ŸÖµÖÖë Ûêú ×»Ö‹ ׫üŸÖßµÖÛú ²ÖÖ•ÖÖ¸ü ´Ö¬µÖÃ£Ö Æïü
      (I) ×®Ö¾Öê¿ÖÛú                                                     (II) •ÖÖ²ÖÃÖÔ
      (III) ¤ü»ÖÖ»Ö †Öî¸ü ˆ¯Ö-¤ü»ÖÖ»Ö                                    (IV) ¯ÖÖê™Ôü±úÖê×»ÖµÖÖê ¯Ö¸üÖ´Ö¿ÖÔ¤üÖŸÖÖ
      Ûæú™ü :
      (A) Ûêú¾Ö»Ö I, II †Öî¸ü III                                        (B) Ûêú¾Ö»Ö II, III †Öî¸ü IV
      (C) Ûêú¾Ö»Ö II †Öî¸ü III                                           (D) Ûêú¾Ö»Ö III †Öî¸ü IV

13.   ×¾Ö¢Ö¯ÖÖêÂÖÛú †Öî¸ü ¯Ö¼üÖÛúŸÖÖÔ Ûêú ²Öß“Ö ×ÛúÃÖß †®Öã²ÖÓ¬Ö Ûúß †Ö¾Ö¿µÖÛúŸÖÖ ÃÖÓ²ÖÓ¬Öß ¯Ö¼üÖ Ûêú ¯ÖÏÛúÖ¸ü ÛúÖê ÛúÆüÖ •ÖÖŸÖÖ Æîü
      (A) ×¾Ö¢ÖßµÖ ¯Ö¼üÖ                                             (B) ײÖÛÎúµÖ †Öî¸ü ¯Ö¼üÖ ¾ÖÖ¯ÖÃÖß
      (C) »Öß¾Ö¸êü•›ü ¯Ö¼üÖ                                          (D) ¯Ö׸ü“Ö»Ö®Ö ¯Ö¼üÖ

14.   ÃÖæ“Öß – I Ûêú ×¾Ö׳֮®Ö ÙüÖòÛú ‹ŒÃÖ“Öë•ÖÖë ÛúÖ ÃÖæ“Öß – II ´Öë ×»Ö×ÜÖŸÖ ˆ®ÖÛêú ãÖÖ¯Ö®ÖÖ Ûêú ¾ÖÂÖÔ ÃÖê ×´Ö»ÖÖ®Ö Ûúßו֋ †Öî¸ü ÃÖÆüß
      Ûæú™ü ÛúÖ “ÖµÖ®Ö Ûúßו֋ :
                         ÃÖæ“Öß – I                                                         ÃÖæ“Öß – II
      a.       ®Öê¿Ö®Ö»Ö ÙüÖòÛú ‹ŒÃÖ“Öë•Ö (‹®Ö.‹ÃÖ.‡Ô.)                                i.       1875
      b.       ‹´Ö.ÃÖß.‹ŒÃÖ. ÙüÖòÛú ‹ŒÃÖ“Öë•Ö (‹´Ö.ÃÖß.‹ŒÃÖ.-‹ÃÖ.‹ŒÃÖ.)                ii.      1992
      c.       ²ÖÖò´²Öê ÙüÖòÛú ‹ŒÃÖ“Öë•Ö (²Öß.‹ÃÖ.‡Ô.)                                 iii. 2000
      d.       ‡®™ü¸üÛú®Öꌙêü›ü ÙüÖòÛú ‹ŒÃÖ“Öë•Ö †Öò±ú ‡Ó×›üµÖÖ                       iv. 2008
               (†Ö‡Ô.‹ÃÖ.‡Ô.†Ö‡Ô.)
      Ûæú™ü :
               a         b         c        d
     (A)      ii        iv         i       iii
     (B)      ii        iii       iv        i
     (C)       i        iii       ii       iv
     (D)      iii       ii        iv        i
D-08-14                                                                    7                                                       Paper-III
UGC NET 2014 question paper, December 2014, Paper III, Commerce, page 8 of 32
Page 8 of 32
Text of page 8
15.   Monopolists prefer to sell the products in the markets with
      (A) Elastic demand                         (B)   Unitary elastic demand
      (C)    Inelastic demand                    (D) Absence of elasticity of demand


16.   Assertion (A) : In long run under Perfect Competition all firms invariably get only normal
           profit.
      Reason (R) : All firms incur minimum average cost and incur no selling cost due to
           absence of product differentiation.
      Codes :
      (A) Assertion (A) and Reason (R) both are correct.
      (B)    Assertion (A) is correct, but Reason (R) is incorrect.
      (C)    Assertion (A) is incorrect, but Reason (R) is correct.
      (D) Assertion (A) and Reason (R) both are incorrect.


17.   Assertion (A) : Differential pricing structure is designed to accommodate the various
           categories of buyers.
      Reason (R) : It aims at increasing sales and revenues and driving the competitors out
           from the market.
      Codes :
      (A) Assertion (A) and Reasoning (R) both are correct.
      (B)    Assertion (A) is correct, but Reasoning (R) is incorrect.
      (C)    Assertion (A) is incorrect, but Reasoning (R) is correct.
      (D) Assertion (A) and Reasoning (R) both are incorrect.


18.   Cost-plus pricing is considered appropriate for :
      I.     Product Tailoring                   II.   Public Utility Pricing
      III.   Refusal Pricing                     IV.   Monopoly Pricing
      Codes :
      (A) I and II only                          (B)   I, II and III only
      (C)    II, III and IV only                 (D) III and IV only


19.   For promoting sales advertising endeavours may be made as per
      I.     Competitive parity                  II.   Objective and task
      III.   Tied sales                          IV.   All-one-can-Afford
      Codes :
      (A) I and II only                          (B)   II, III and IV only
     (C) I, II and IV only                       (D) III and IV only
Paper-III                                         8                                    D-08-14
UGC NET 2014 question paper, December 2014, Paper III, Commerce, page 9 of 32
Page 9 of 32
Text of page 9
15.   ‹ÛúÖ׬ÖÛúÖ¸üß ˆÃÖ ²ÖÖ•ÖÖ¸ü ´Öë ˆŸ¯ÖÖ¤ü ×¾ÖÛÎúµÖ Ûú¸®ÖÖ †×¬ÖÛú †“”ûÖ ´ÖÖ®ÖŸÖÖ Æîü וÖÃÖ´Öë
      (A) ´ÖÖÑÝÖ »ÖÖê“Ö¤üÖ¸ü ÆüÖêŸÖß Æîü …                       (B) ´ÖÖÑÝÖ Ûúß »ÖÖê“Ö ‡ÛúÖ‡Ô Ûêú ²Ö¸üÖ²Ö¸ü ÆüÖêŸÖß Æîü …
      (C) ´ÖÖÑÝÖ ²Öê»ÖÖê“Ö¤üÖ¸ü ÆüÖêŸÖß Æîü …                    (D) ´ÖÖÑÝÖ Ûúß »ÖÖê“Ö †®Öã¯Ö×Ã£ÖŸÖ ÆüÖêŸÖß Æîü …

16.   †×³ÖÛú£Ö®Ö (A) : ¯ÖæÞÖÔ ¯ÖÏןֵÖÖê×ÝÖŸÖÖ Ûêú †®ŸÖÝÖÔŸÖ ¤üß‘ÖÔÛúÖ»Ö ´Öë ÃÖ³Öß ±ú´Öí ×®Ö¸ü¯Ö¾ÖÖ¤ü ºþ¯Ö ÃÖê ´ÖÖ¡Ö ÃÖÖ´ÖÖ®µÖ »ÖÖ³Ö ¯ÖÏÖ¯ŸÖ
              Ûú¸üŸÖß Æïü …
      ÛúÖ¸üÞÖ (R) : ˆŸ¯ÖÖ¤ü ×¾Ö³Öê¤ü Ûúß †®Öã¯Ö×ãÖ×ŸÖ Ûêú ÛúÖ¸üÞÖ ÃÖ³Öß ±ú´Öí ®µÖæ®ÖŸÖ´Ö †ÖîÃÖŸÖ »ÖÖÝÖŸÖ »ÖÝÖÖŸÖß Æîü ‹¾ÖÓ ÛúÖê‡Ô ³Öß
              ×¾ÖÛÎúµÖ »ÖÖÝÖŸÖ ®ÖÆüà »ÖÝÖÖŸÖß Æïü …
      Ûæú™ü :
      (A) †×³ÖÛú£Ö®Ö (A) ‹¾ÖÓ ÛúÖ¸üÞÖ (R) ¤üÖê®ÖÖë ÃÖÆüß Æïü …
      (B) †×³ÖÛú£Ö®Ö (A) ÃÖÆüß Æîü »Öê×Ûú®Ö ÛúÖ¸üÞÖ (R) ÝÖ»ÖŸÖ Æîü …
      (C) †×³ÖÛú£Ö®Ö (A) ÝÖ»ÖŸÖ Æîü »Öê×Ûú®Ö ÛúÖ¸üÞÖ (R) ÃÖÆüß Æîü …
      (D) †×³ÖÛú£Ö®Ö (A) ‹¾ÖÓ ÛúÖ¸üÞÖ (R) ¤üÖê®ÖÖë ÝÖ»ÖŸÖ Æïü …

17.   †×³ÖÛú£Ö®Ö (A) : ×¾Ö³Öê¤üÖŸ´ÖÛú ´Öæ»µÖ®Ö œüÖÑ“ÖÖ ÛÎêúŸÖÖ†Öë Ûêú ×¾Ö׳֮®Ö ¾ÖÝÖÖí ÛúÖê ÃÖ´ÖÖµÖÖê×•ÖŸÖ Ûú¸ü®Öê Ûêú ×»Ö‹ ²Ö®ÖÖµÖÖ •ÖÖŸÖÖ Æîü …
      ÛúÖ¸üÞÖ (R) : ‡ÃÖÛúÖ »ÖõµÖ ×¾ÖÛÎúµÖ ¾Ö †ÖÝÖ´Ö ÛúÖê ²ÖœÌüÖ®Öê ‹¾ÖÓ ¯ÖÏןÖïÖÙ¬ÖµÖÖë ÛúÖê ²ÖÖ•ÖÖ¸ü ÃÖê ²ÖÖÆü¸ü Ûú¸ü®Öê ÛúÖ ÆüÖêŸÖÖ Æîü …
      Ûæú™ü :
      (A) †×³ÖÛú£Ö®Ö (A) ‹¾ÖÓ ÛúÖ¸üÞÖ (R) ¤üÖê®ÖÖë ÃÖÆüß Æïü …
      (B) †×³ÖÛú£Ö®Ö (A) ÃÖÆüß Æîü ×Ûú®ŸÖã ÛúÖ¸üÞÖ (R) ÝÖ»ÖŸÖ Æîü …
      (C) †×³ÖÛú£Ö®Ö (A) ÝÖ»ÖŸÖ Æîü ×Ûú®ŸÖã ÛúÖ¸üÞÖ (R) ÃÖÆüß Æîü …
      (D) †×³ÖÛú£Ö®Ö (A) ‹¾ÖÓ ÛúÖ¸üÞÖ (R) ¤üÖê®ÖÖë ÝÖ»ÖŸÖ Æïü …

18.   »ÖÖÝÖŸÖ-¬Ö®Ö ´Öæ»µÖ®Ö ÛúÖê ˆ¯ÖµÖãŒŸÖ ´ÖÖ®ÖÖ •ÖÖŸÖÖ Æîü
      (I) ˆŸ¯ÖÖ¤ü ÃÖé•Ö®Ö ´Öæ»µÖ®Ö Ûêú ×»Ö‹
      (II) »ÖÖêÛúÖê¯ÖµÖÖêÝÖß ÃÖÓãÖÖ†Öë Ûêú ´Öæ»µÖ®Ö Ûêú ×»Ö‹
      (III) †Ã¾ÖßÛúÖ¸ü ´Öæ»µÖ®Ö Ûêú ×»ÖµÖê
      (IV) ‹ÛúÖ׬ÖÛúÖ¸üß ´Öæ»µÖ®Ö Ûêú ×»Ö‹
      Ûæú™ü :
      (A) I †Öî¸ü II ´ÖÖ¡Ö                                            (B)      I, II †Öî¸ü III ´ÖÖ¡Ö
      (C) II, III †Öî¸ü IV ´ÖÖ¡Ö                                      (D)      III †Öî¸ü IV ´ÖÖ¡Ö

19.   ×¾ÖÛÎúµÖ ÃÖ´¾Ö¨Ôü®Ö ÆêüŸÖã ×¾Ö–ÖÖ¯Ö®Ö ¯ÖϵÖÖÃÖ ×ÛúµÖÖ •ÖÖ ÃÖÛúŸÖÖ Æîü
      (I) ¯ÖÏןֵÖÖêÝÖß ÃÖÖ¥ü¿µÖ †Ö¬ÖÖ¸ü ¯Ö¸ü
      (II) ˆ§êü¿µÖ ‹¾ÖÓ ÛúÖµÖÔ Ûêú †Ö¬ÖÖ¸ü ¯Ö¸ü
      (III) ²Ö¨ü ×¾ÖÛÎúµÖ Ûêú †Ö¬ÖÖ¸ü ¯Ö¸ü
      (IV) µÖ£ÖÖÃÖÖ´Ö£µÖÔ Ûêú †Ö¬ÖÖ¸ü ¯Ö¸ü
      Ûæú™ü :
      (A) Ûêú¾Ö»Ö I †Öî¸ü II                                           (B) Ûêú¾Ö»Ö II, III †Öî¸ü IV
      (C) Ûêú¾Ö»Ö I, II †Öî¸ü IV                                       (D) Ûêú¾Ö»Ö III †Öî¸ü IV
D-08-14                                                                 9                                                           Paper-III
UGC NET 2014 question paper, December 2014, Paper III, Commerce, page 10 of 32
Page 10 of 32
Text of page 10
20.   In the hypothesis testing procedure a researcher may commit type II error in which of the
      following conditions ?
      (A) When the true null hypothesis is rejected.
      (B) When the alternative hypothesis is accepted.
      (C) When the false null hypothesis is accepted.
      (D) When the true null hypothesis is accepted.

21.   Which one of the following tenets is not correct in the context of Central Limit Theorem ?
      (A) If a population from which a sample is drawn is normally distributed the sampling
          distribution of mean (SDM) will be normal for all sample sizes.
      (B) The mean of the SDM is the population mean.
      (C) If the population is not normal from which the sample is drawn, the SDM is not
          normal for any sample size.
      (D) If the population is not normal from which a sample is drawn, the SDM approaches
          normality as the sample size increases.

22.   Which one of the following is not an example of tax evasion?
      (A) Submitting misleading documents.
      (B) Not maintaining proper accounts of income earned.
      (C) Suppression of facts.
      (D) Interpreting the tax law in ones own way to minimise tax liability.

23.   Which one of the following is not the purpose of performance-monitoring research ?
      (A) To provide feedback for evaluation and control.
      (B) To indicate things that are not going as planned.
      (C) To help the organisation to plan various activities.
      (D) It is required to explain why something went wrong.

24.   The transformation of raw data into a form that will make them easy to understand and
      interpret, rearranging and manipulating data to generate information is called
      (A) Descriptive research                 (B) Descriptive analysis
      (C) Causal research                      (D) Exploratory research

25.   Assertion (A) : The span of management at the upper level is generally narrow while at
           the lower level span is wide.
      Reason (R) : The task allocated to subordinates at the lower level of management are
           more specific and precise and thus making supervision easy and simple.
      Suggest correct code :
      (A) (A) is correct, but (R) is wrong.
      (B) (A) is wrong, but (R) is correct.
      (C) Both (A) and (R) are correct.
      (D) Both (A) and (R) are wrong.

Paper-III                                      10                                      D-08-14
UGC NET 2014 question paper, December 2014, Paper III, Commerce, page 11 of 32
Page 11 of 32
Text of page 11
20.   ¯Ö׸üÛú»¯Ö®ÖÖ ¯Ö¸üßõÖÞÖ ¯ÖÏ×ÛÎúµÖÖ ´Öë ‹Ûú ¿ÖÖê¬ÖÛúŸÖÖÔ ×®Ö´®Ö×»Ö×ÜÖŸÖ ´Öë ÃÖê ×ÛúÃÖ ×ãÖ×ŸÖ ´Öë ×ÛúÃ´Ö II Ûúß ¡Öã×™ü Ûú¸ü ÃÖÛúŸÖÖ Æîü ?
      (A) •Ö²Ö ÃÖŸµÖ †´ÖÖ®µÖ ¯Ö׸üÛú»¯Ö®ÖÖ †Ã¾ÖßÛéúŸÖ ÆüÖê •ÖÖŸÖß Æîü …
      (B) •Ö²Ö ¾ÖîÛú×»¯ÖÛú ¯Ö׸üÛú»¯Ö®ÖÖ Ã¾ÖßÛéúŸÖ ÆüÖê •ÖÖŸÖß Æîü …
      (C) •Ö²Ö †ÃÖŸµÖ †´ÖÖ®µÖ ¯Ö׸üÛú»¯Ö®ÖÖ Ã¾ÖßÛéúŸÖ ÆüÖê •ÖÖŸÖß Æîü …
      (D) •Ö²Ö ÃÖŸµÖ †´ÖÖ®µÖ ¯Ö׸üÛú»¯Ö®ÖÖ Ã¾ÖßÛéúŸÖ ÆüÖê •ÖÖŸÖß Æîü …

21.   ‘ÃÖê®™Òü»Ö ×»Ö×´Ö™ü £µÖæ¸ü´Ö’ Ûêú ÃÖÓ¤ü³ÖÔ ´Öë ×®Ö´®Ö×»Ö×ÜÖŸÖ ´Öë ÃÖê ÛúÖî®Ö ÃÖÖ ×ÃÖ¨üÖÓŸÖ ÃÖÆüß ®ÖÆüà Æîü ?
      (A) µÖפü ×ÛúÃÖß •Ö®ÖÃÖÓܵÖÖ ÃÖê ×»ÖµÖÖ ÝÖµÖÖ ¯ÖÏן֤ü¿ÖÔ ÃÖÖ´ÖÖ®µÖ ºþ¯Ö ÃÖê ×¾ÖŸÖ׸üŸÖ ×ÛúµÖÖ •ÖÖŸÖÖ Æîü, ŸÖÖê ÃÖ³Öß ¯ÖÏÛúÖ¸ü Ûêú
               ¯ÖÏן֤ü¿ÖÔ †ÖÛúÖ¸üÖë Ûêú ×»Ö‹ ´ÖÖ¬µÖ ÛúÖ ¯ÖÏן֤ü¿ÖÔ ×¾ÖŸÖ¸üÞÖ (‹ÃÖ.›üß.‹´Ö.) ÃÖÖ´ÖÖ®µÖ ÆüÖêÝÖÖ …
      (B)      ‹ÃÖ.›üß.‹´Ö. ÛúÖ ´ÖÖ¬µÖ •Ö®ÖÃÖÓܵÖÖ ÛúÖ ´ÖÖ¬µÖ Æîü …
      (C)      µÖפü ¾ÖÆü •Ö®ÖÃÖÓܵÖÖ ÃÖÖ´ÖÖ®µÖ ®ÖÆüà Æîü וÖÃÖÃÖê ¯ÖÏן֤ü¿ÖÔ ×»ÖµÖÖ ÝÖµÖÖ Æîü, ŸÖÖê ×ÛúÃÖß ¯ÖÏן֤ü¿ÖÔ †ÖÛúÖ¸ü Ûêú ×»Ö‹
               ‹ÃÖ.›üß.‹´Ö. ÃÖÖ´ÖÖ®µÖ ®ÖÆüà Æîü …
      (D)      µÖפü ¾ÖÆü •Ö®ÖÃÖÓܵÖÖ ÃÖÖ´ÖÖ®µÖ ®ÖÆüà Æîü וÖÃÖÃÖê ¯ÖÏן֤ü¿ÖÔ ×»ÖµÖÖ ÝÖµÖÖ Æîü, ŸÖÖê •ÖîÃÖê-•ÖîÃÖê ¯ÖÏן֤ü¿ÖÔ ÛúÖ †ÖÛúÖ¸ü ²ÖœÌüŸÖÖ Æîü,
               ‹ÃÖ.›üß.‹´Ö. ÃÖÖ´ÖÖ®µÖŸÖµÖÖ Ûêú ×®ÖÛú™ü ÆüÖêŸÖÖ Æîü …

22.   Ûú¸ü “ÖÖê¸üß ÛúÖ ×®Ö´®Ö×»Ö×ÜÖŸÖ ´Öë ÃÖê ÛúÖî®Ö ÃÖÖ ˆ¤üÖÆü¸üÞÖ ®ÖÆüà Æîü ?
      (A) ³ÖÏÖ´ÖÛú ¤üßÖÖ¾Öê•Ö ¤üÖ×ÜÖ»Ö Ûú¸ü®ÖÖ
      (B) †Ù•ÖŸÖ †ÖµÖ ÛúÖ »ÖêÜÖÖ ÃÖÆüß œÓüÝÖ ÃÖê ®ÖÆüà Ûú¸ü®ÖÖ
      (C) ŸÖ£µÖÖë ÛúÖê ×”û¯ÖÖ®ÖÖ
      (D) Ûú¸ü¤üÖ×µÖŸ¾Ö ÛúÖê ®µÖæ®ÖŸÖ´Ö Ûú¸ü®Öê Ûêú ×»Ö‹ Ûú¸ü ÛúÖ®Öæ®ÖÖë ÛúÖ †¯Ö®Öê œÓüÝÖ ÃÖê ×®Ö¾ÖÔ“Ö®Ö Ûú¸ü®ÖÖ …

23.   ×®Ö´®Ö×»Ö×ÜÖŸÖ ´Öë ÃÖê ÛúÖî®Ö ÃÖÖ ÛúÖµÖÔ ×®Ö¯ÖÖ¤ü®Ö ×®ÖÝÖ¸üÖ®Öß †®ÖãÃÖÓ¬ÖÖ®Ö ÛúÖ ˆ§êü¿µÖ ®ÖÆüà Æîü ?
      (A) ´Ö滵ÖÖÓÛú®Ö †Öî¸ü ×®ÖµÖÓ¡ÖÞÖ Ûêú ×»Ö‹ ±úß›ü²ÖîÛú ¯ÖϤüÖ®Ö Ûú¸ü®ÖÖ …
      (B) ˆÃÖ “Öß•Ö Ûúß †Öê¸ü ÃÖÓÛêúŸÖ Ûú¸ü®ÖÖ •ÖÖê µÖÖê•Ö®ÖÖ Ûêú †®ÖãÃÖÖ¸ü ®ÖÆüà “Ö»Ö ¸üÆüÖ Æîü …
      (C) ×¾Ö׳֮®Ö ÝÖןÖ×¾Ö׬ֵÖÖë Ûúß µÖÖê•Ö®ÖÖ ²Ö®ÖÖ®Öê ´Öë ÃÖÓÝÖšü®Ö Ûúß ´Ö¤ü¤ü Ûú¸ü®ÖÖ …
      (D) µÖÆü ïÖ™ü Ûú¸ü®Öê Ûúß †Ö¾Ö¿µÖÛúŸÖÖ Æîü ×Ûú Ûãú”û ÝÖ»ÖŸÖ ŒµÖÖë ÆüÖê ¸üÆüÖ Æîü …

24.   ÃÖæ“Ö®ÖÖ Ûêú ÃÖé•Ö®Ö ÆêüŸÖã ‡ÃÖ ºþ¯Ö ´Öë †¯Ö׸üÂÛéúŸÖ †ÖÑÛú›ÌüÖë ÛúÖ †ÓŸÖ¸üÞÖ Ûú¸ü®ÖÖ •ÖÖê ˆ®Æëü †ÖÃÖÖ®Öß ÃÖê ÃÖ´Ö—Ö ´Öë †Ö‹ ‹êÃÖß
      ¾µÖÖܵÖÖ Ûú¸ü®ÖÖ, ¯Öã®Ö:¾µÖ¾Ö×Ã£ÖŸÖ Ûú¸ü®ÖÖ †Öî¸ü †ÖÑÛú›ÌüÖë ÛúÖ •ÖÖê›Ìü-ŸÖÖê›Ìü Ûú¸ü®Öê Ûúß ×ÛÎúµÖÖ ÛúÖê ÛúÆüÖ •ÖÖŸÖÖ Æîü
      (A) ¾ÖÞÖÔ®ÖÖŸ´ÖÛú †®ÖãÃÖÓ¬ÖÖ®Ö                                 (B) ¾ÖÞÖÔ®ÖÖŸ´ÖÛú ×¾Ö¿»ÖêÂÖÞÖ
      (C) †×®ÖµÖ×´ÖŸÖ †®ÖãÃÖÓ¬ÖÖ®Ö                                   (D) ÜÖÖê•Ö¯ÖæÞÖÔ †®ÖãÃÖÓ¬ÖÖ®Ö

25.   †×³ÖÛú£Ö®Ö (A) : ¯ÖϲÖÓ¬ÖÛúßµÖ ¯ÖÖ™ü ˆ““Ö ÃŸÖ¸ü ¯Ö¸ü ÃÖÖ´ÖÖ®µÖŸÖ: ÃÖÑÛú¸üÖ ÆüÖêŸÖÖ Æîü •Ö²Ö×Ûú ×®Ö“Ö»Öê ßָü ¯Ö¸ü ¯ÖÖ™ü “ÖÖî›ÌüÖ ÆüÖêŸÖÖ Æîü …
      ÛúÖ¸üÞÖ (R) : ¯ÖϲÖÓ¬Ö®Ö Ûêú ×®Ö“Ö»Öê ßָü ¯Ö¸ü †¬Öß®ÖãÖÖë ÛúÖê †Ö²ÖÓ×™üŸÖ ÛúÖµÖÔ †ŸµÖ׬ÖÛú ×¾Ö׿Ö™ü †Öî¸ü ÃÖ™üßÛú ÆüÖêŸÖÖ Æîü †Öî¸ü
               •ÖÖê ¯ÖµÖÔ¾ÖêõÖÞÖ ÛúÖê †ÖÃÖÖ®Ö †Öî¸ü ÃÖ¸ü»Ö ²Ö®ÖÖŸÖÖ Æîü …
      ÃÖÆüß Ûæú™ü “Öã®Öë :
      (A) (A) ÃÖÆüß Æîü »Öê×Ûú®Ö (R) ÝÖ»ÖŸÖ Æîü …                    (B) (A) ÝÖ»ÖŸÖ Æîü »Öê×Ûú®Ö (R) ÃÖÆüß Æîü …
      (C) (A) †Öî¸ü (R) ¤üÖê®ÖÖë ÃÖÆüß Æïü …                         (D) (A) †Öî¸ü (R) ¤üÖê®ÖÖë ÝÖ»ÖŸÖ Æïü …
D-08-14                                                                  11                                                             Paper-III
UGC NET 2014 question paper, December 2014, Paper III, Commerce, page 12 of 32
Page 12 of 32
Text of page 12
26.   Match the following :
                            List – I                                        List – II
      a. To check the quality of work                             i. Speed loss
      b. To see that work is completed in time                    ii. Inspector
      c. To check absenteeism of workers                          iii. Instruction and check
      d. To issue instructions regarding methods of work          iv. Shop discipline
      Select the code :
      Codes :
              a    b     c   d
      (A) iii      ii    i   iv
      (B)     ii   i    iv iii
      (C)     ii   i    iii iv
      (D) iv iii         i   ii

27.   F.W. Taylor called “The Military type of Foreman” to
      (A) Unity of Command                     (B) Span of Control
      (C) Delegated Legislature                (D) Department

28.   Match the items of List – I with List – II :
                      List – I                                   List – II
      a. Commentary Four Chambault                i.     F.W. Taylor
      b. Midvale Steel Works                      ii.    Claud Henry Saint Simon
      c. Charleton Twist Company                  iii.   Henry Fayol
      d. Credit Mobilier                          iv.    Robert Owen
      Codes :
            a      b     c     d
      (A) iii      ii   iv      i
      (B)    i     ii   iii iv
      (C) iii       i   ii     iv
      (D) iii       i   iv     ii

29.   Assertion (A) : The risk condition exists when decision makers have absolutely no idea of
            what the results of an implemented alternative would be.
      Reason (R) : When operating under complete uncertainty condition, decision makers
            usually find that sound decisions are a matter of chance.
      In the context of the two statements, which one of the following is correct ?
      Codes :
      (A) Both (A) and (R) are correct.
      (B) Both (A) and (R) are wrong.
      (C) (A) is correct, but (R) is wrong.
      (D) (A) is wrong, but (R) is correct.
Paper-III                                          12                                      D-08-14
UGC NET 2014 question paper, December 2014, Paper III, Commerce, page 13 of 32
Page 13 of 32
Text of page 13
26.   ×®Ö´®Ö×»Ö×ÜÖŸÖ ÛúÖê ÃÖã´Öê×»ÖŸÖ Ûú¸ëü :
                         ÃÖæ“Öß – I                                                              ÃÖæ“Öß – II
      a.       ÛúÖµÖÔ Ûúß ÝÖãÞÖ¾Ö¢ÖÖ ÛúÖê •ÖÖѓ֮ÖÖ                                     i.       ÝÖ×ŸÖ ÆüÖ×®Ö
      b.       µÖÆü ¤êüÜÖ®ÖÖ ×Ûú ÃÖ´ÖµÖ-ÃÖß´ÖÖ ´Öë ÛúÖµÖÔ ÃÖ´¯Ö®®Ö ×ÛúµÖÖ ÝÖµÖÖ         ii.      ×®Ö¸üßõÖÛú
      c.       ÁÖ×´ÖÛúÖë Ûúß †®Öã¯Ö×ãÖ×ŸÖ Ûúß ¯ÖϾÖé×¢Ö ÛúÖê ¸üÖêÛú®ÖÖ                 iii.     ×®Ö¤ìü¿Ö †Öî¸ü •ÖÖÑ“Ö
      d.       ÛúÖµÖÔ ¯Ö¨ü×ŸÖ ÃÖê ÃÖÓ²ÖÓ×¬ÖŸÖ ×¤ü¿ÖÖ-×®Ö¤ìü¿Ö •ÖÖ¸üß Ûú¸ü®ÖÖ            iv.      ¿ÖÖò¯Ö †®Öã¿ÖÖÃÖ®Ö
      Ûæú™ü ÛúÖ “ÖµÖ®Ö Ûú¸ëü :
      Ûæú™ü :
               a        b        c        d
      (A)     iii      ii        i       iv
      (B)     ii        i       iv       iii
      (C)     ii        i       iii      iv
      (D)     iv       iii       i        ii

27.   ‹±ú.›ü²»µÖæ. ™êü»Ö¸ü ®Öê “ÃÖî×®ÖÛú •ÖîÃÖÖ ±úÖê¸ü´Öî®Ö” ×ÛúÃÖê ÛúÆüÖ Æîü ?
      (A) †Ö¤êü¿Ö Ûúß ‹ÛúŸÖÖ                                          (B) ×®ÖµÖÓ¡ÖÞÖ ÛúÖ ×¾ÖßÖÖ¸ü
      (C) ×¾Ö¬ÖÖµÖ®Ö ÛúÖ †×¬ÖÛúÖ¸ü                                    (D) ×¾Ö³ÖÖÝÖ

28.   ÃÖæ“Öß – I Ûúß ´Ö¤üÖë ÛúÖê ÃÖæ“Öß – II Ûêú ÃÖÖ£Ö ÃÖã´Öê×»ÖŸÖ Ûú¸ëü :
                          ÃÖæ“Öß – I                                  ÃÖæ“Öß – II
      a.       Ûú´Öê®™Òüß ±úÖê¸ü “Öî´²ÖÖò»™ü           i.        ‹±ú. ›ü²»µÖæ. ™êü»Ö¸ü
      b.       ×´Ö›ü¾Öê»Ö Ùüᯙ ¾ÖŒÃÖÔ                ii.       Œ»ÖÖˆ›ü Æêü®Ö¸üß ÃÖê®™ü ÃÖÖ‡´Ö®Ö
      c.       “ÖÖ»™Ôü®Ö ×™Ëü¾ÖÙü ÛÓú¯Ö®Öß            iii. Æêü®Ö¸üß ±êúµÖÖê»Ö
      d.       ÛÎêú×›ü™ü ´ÖÖêײֻÖÖµÖ¸ü                iv. ¸üÖ²Ö™Ôü †Öê¾Öê®Ö
      Ûæú™ü :
               a        b        c       d
      (A)     iii       ii      iv        i
      (B)      i        ii      iii      iv
      (C)     iii        i      ii       iv
      (D)     iii        i      iv       ii

29.   †×³ÖÛú£Ö®Ö (A) : •ÖÖê×ÜÖ´Ö ¤ü¿ÖÖ ×¾Öª´ÖÖ®Ö ÆüÖêŸÖß Æîü, •Ö²Ö ×®ÖÞÖÔµÖ »Öê®Öê ¾ÖÖ»ÖÖë ÛúÖê †Ó¤üÖ•Ö ®ÖÆüà ÆüÖêŸÖÖ ×Ûú »ÖÖÝÖæ ×ÛúµÖê ÝÖµÖê
                ×¾ÖÛú»¯Ö Ûêú ŒµÖÖ ¯Ö׸üÞÖÖ´Ö ÆüÖëÝÖê …
      ÛúÖ¸üÞÖ (R) : •Ö²Ö ¯ÖæÞÖÔŸÖ: †×®Ö׿“ÖŸÖŸÖÖ Ûúß ¤ü¿ÖÖ ´Öë ÛúÖµÖÔ ×ÛúµÖÖ •ÖÖŸÖÖ Æîü, ×®ÖÞÖÔµÖ »Öê®Öê ¾ÖÖ»Öê ÃÖÖ´ÖÖ®µÖŸÖ: ¯ÖÖŸÖê Æïü ×Ûú šüÖêÃÖ
                ×®ÖÞÖÔµÖ ÃÖÓµÖÖêÝÖ ÛúÖ ×¾ÖÂÖµÖ Æîü …
      ¤üÖê Ûú£Ö®ÖÖë Ûêú ÃÖÓ¤ü³ÖÔ ´Öë ×®Ö´®Ö×»Ö×ÜÖŸÖ ´Öë ÃÖê ÛúÖî®Ö ÃÖÖ ÃÖÆüß Æîü ?
      Ûæú™ü :
      (A) (A) †Öî¸ü (R) ¤üÖê®ÖÖë ÃÖÆüß Æïü …                             (B) (A) †Öî¸ü (R) ¤üÖê®ÖÖë ÝÖ»ÖŸÖ Æïü …
      (C) (A) ÃÖÆüß Æîü »Öê×Ûú®Ö (R) ÝÖ»ÖŸÖ Æîü …                        (D) (A) ÝÖ»ÖŸÖ Æîü »Öê×Ûú®Ö (R) ÃÖÆüß Æîü …
D-08-14                                                               13                                                          Paper-III
UGC NET 2014 question paper, December 2014, Paper III, Commerce, page 14 of 32
Page 14 of 32
Text of page 14
30.   Assertion (A) : In product concept, focus is on innovating and improving products.
      Reason (R) : In selling concept, consumers are persuaded to buy products.
      Codes :
      (A) Both (A) and (R) are true.           (B) (A) is true, but (R) is false.
      (C) (A) is false, but (R) is true.       (D) Both (A) and (R) are false.

31.   Which of the following is not a method of segmenting a market ?
      (A) Behavioural segmentation            (B) Psychographic segmentation
      (C) Benefits segmentation               (D) Customer segmentation

32.   Consumer attitudes and beliefs about diet, health and nutrition are influenced by
      (A) Economic environment                 (B) Cultural environment
      (C) Social environment                   (D) Natural environment

33.   Select the phases of Product Life Cycle :
      1.    Initiation                          2.     Decline
      3.    Boom                                4.     Introduction
      5.    Maturity                            6.     Growth
      Codes :
      (A) 1, 3, 5, 6                            (B)    1, 2, 3, 4
      (C) 4, 6, 5, 2                            (D)    2, 3, 5, 6

34.   Which of the following is not a product-mix strategy ?
      (A) Trading up                           (B) Alteration
      (C) Simplification                       (D) Value addition

35.   “Relationship” in marketing means
      (A) Relation between buyer and seller
      (B) Relation between sales person
      (C) Relation between company and consumers
      (D) All of the above

36.   Match the items of List – I with the items of the List – II :
                 List – I                     List – II
          (Company Name)                      (Brand)
      a. HUL                           i. Cerelac
      b. ITC                           ii. Eclares
      c. Nestle                        iii. Vivel
      d. Cadbury                       iv. Sunsilk
      Codes :
            a      b     c    d
      (A) iv iii          i   ii
      (B)    i     ii   iii iv
      (C) iv       ii   iii    i
      (D) iv iii         ii    i

Paper-III                                         14                                      D-08-14
UGC NET 2014 question paper, December 2014, Paper III, Commerce, page 15 of 32
Page 15 of 32
Text of page 15
30.   †×³ÖÛú£Ö®Ö (A) : ˆŸ¯ÖÖ¤ü ÃÖÓÛú»¯Ö®ÖÖ ´Öë, ˆŸ¯ÖÖ¤üÖë Ûêú ®Ö¾ÖßÛú¸üÞÖ †Öî¸ü ÃÖã¬ÖÖ¸ü Ûú¸ü®Öê ¯Ö¸ü ÃÖÓÛêú®¦üÞÖ ÆüÖêŸÖÖ Æîü …
      ÛúÖ¸üÞÖ (R) : ײÖÛÎúß ÃÖÓÛú»¯Ö®ÖÖ ´Öë, ˆ¯Ö³ÖÖꌟÖÖ†Öë ÛúÖê ˆŸ¯ÖÖ¤üÖë ÛúÖê ÜÖ¸üߤü®Öê Ûêú ×»Ö‹ ¸üÖ•Öß ×ÛúµÖÖ •ÖÖŸÖÖ Æîü …
      Ûæú™ü :
      (A) (A) †Öî¸ü (R) ¤üÖê®ÖÖë ÃÖÆüß Æïü …                      (B) (A) ÃÖÆüß Æîü, »Öê×Ûú®Ö (R) ÝÖ»ÖŸÖ Æîü …
      (C) (A) ÝÖ»ÖŸÖ Æîü, »Öê×Ûú®Ö (R) ÃÖÆüß Æîü …                (D) (A) †Öî¸ü (R) ¤üÖê®ÖÖë ÝÖ»ÖŸÖ Æïü …

31.   ×®Ö´®Ö×»Ö×ÜÖŸÖ ´Öë ÃÖê ÛúÖî®Ö ÃÖß ²ÖÖ•ÖÖ¸ü ÛúÖê ×¾Ö³ÖÖ×•ÖŸÖ Ûú¸ü®Öê Ûúß ¯Ö¨ü×ŸÖ ®ÖÆüà Æîü ?
      (A) ¾µÖÖ¾ÖÆüÖ׸üÛú ÜÖÞ›üßÛú¸üÞÖ                                 (B) ´Ö®ÖÖê¾Öé×¢Ö¯Ö¸üÛú ÜÖÞ›üßÛú¸üÞÖ
      (C) »ÖÖ³ÖÛúÖ¸üß ÜÖÞ›üßÛú¸üÞÖ                                    (D) ÝÖÏÖÆüÛú ÜÖÞ›üßÛú¸üÞÖ

32.   †ÖÆüÖ¸ü, þÖÖãµÖ †Öî¸ü ¯ÖÖêÂÖÞÖ Ûêú ²ÖÖ¸êü ´Öë ˆ¯Ö³ÖÖꌟÖÖ Ûêú ´Ö®ÖÖê³ÖÖ¾Ö †Öî¸ü ´ÖÖ®µÖŸÖÖ‹Ñ ×ÛúÃÖÛêú «üÖ¸üÖ ¯ÖϳÖÖ×¾ÖŸÖ Æïü ?
      (A) †ÖÙ£ÖÛú ¾ÖÖŸÖÖ¾Ö¸üÞÖ                                        (B) ÃÖÖÓÃÛéúןÖÛú ¾ÖÖŸÖÖ¾Ö¸üÞÖ
      (C) ÃÖÖ´ÖÖוÖÛú ¾ÖÖŸÖÖ¾Ö¸üÞÖ                                    (D) ¯ÖÏÖÛéúןÖÛú ¾ÖÖŸÖÖ¾Ö¸üÞÖ

33.   ˆŸ¯ÖÖ¤ü •Öß¾Ö®Ö “ÖÛÎú Ûúß †¾ÖãÖÖ†Öë ÛúÖ “ÖµÖ®Ö Ûú¸ëü :
      1.      ¯ÖϾ֟ÖÔ®Ö                                               2.       ÈüÖÃÖ
      3.      ŸÖê•Öß                                                   4.       ¯Ö׸ü“ÖµÖ
      5.      ¯Ö׸ü¯ÖŒ¾ÖŸÖÖ                                            6.       ¾Öéרü
      Ûæú™ü :
      (A) 1, 3, 5, 6                                                   (B)      1, 2, 3, 4
      (C) 4, 6, 5, 2                                                   (D)      2, 3, 5, 6

34.   ×®Ö´®Ö×»Ö×ÜÖŸÖ ´Öë ÃÖê ÛúÖî®Ö ÃÖß ˆŸ¯ÖÖ¤ü-×´Ö×ÁÖŸÖ ¾µÖæÆü¸ü“Ö®ÖÖ ®ÖÆüà Æîü ?
      (A) ˆ““Ö ¾µÖÖ¯ÖÖ¸ü                                              (B) ²Ö¤ü»ÖÖ¾Ö
      (C) ÃÖÖ¬ÖÖ¸üÞÖßÛú¸üÞÖ                                           (D) ´Öæ»µÖ ¾ÖéרüÛú¸üÞÖ

35.   ×¾Ö¯ÖÞÖ®Ö ´Öë ÃÖÓ²ÖÓ¬Ö ÛúÖ †Ö¿ÖµÖ Æîü
      (A) ÛÎêúŸÖÖ †Öî¸ü ×¾ÖÛÎêúŸÖÖ Ûêú ²Öß“Ö ÃÖÓ²ÖÓ¬Ö                  (B)      ×¾ÖÛÎúµÖÛú´Öá Ûêú ²Öß“Ö ÃÖÓ²ÖÓ¬Ö
      (C) ÛÓú¯Ö®Öß †Öî¸ü ˆ¯Ö³ÖÖꌟÖÖ†Öë Ûêú ²Öß“Ö ÃÖÓ²ÖÓ¬Ö             (D)      ˆ¯Ö¸üÖêŒŸÖ ÃÖ³Öß

36.   ÃÖæ“Öß – I Ûúß ´Ö¤üÖë ÛúÖê ÃÖæ“Öß – II Ûêú ÃÖÖ£Ö ÃÖã´Öê×»ÖŸÖ Ûú¸ëü :
                ÃÖæ“Öß – I                    ÃÖæ“Öß – II
           (ÛÓú¯Ö®Öß ÛúÖ ®ÖÖ´Ö)                  (²ÖÎÖÑ›ü)
      a.        ‹“Ö.µÖæ.‹»Ö.              i.       ÃÖê¸êü»ÖîÛú
      b.        †Ö‡Ô.™üß.ÃÖß.             ii.      ‹Œ»ÖêµÖÃÖÔ
      c.        ®ÖêûÖê                   iii. ×¾Ö¾Öê»Ö
      d.        Ûîú›ü²Ö¸üß                iv. ÃÖ®Ö×ÃÖ»Ûú
      Ûæú™ü :
               a         b        c       d
     (A)      iv        iii       i       ii
     (B)       i        ii       iii      iv
     (C)      iv        ii       iii       i
     (D)      iv        iii      ii        i
D-08-14                                                                 15                                                              Paper-III
UGC NET 2014 question paper, December 2014, Paper III, Commerce, page 16 of 32
Page 16 of 32
Text of page 16
37.   The following are the steps in designing the market driven distribution :
      1.    Know what customers want            2.    Determine the costs
      3.    Review assumptions                  4.    Decide on the outlet
      5.    Compare alternatives                6.    Implement changes
      Select the right sequence of the steps from the codes given below :
      (A) 1, 4, 2, 5, 3, 6                      (B) 1, 2, 3, 5, 4, 6
      (C) 1, 3, 4, 5, 2, 6                      (D) 2, 3, 4, 5, 6, 1

38.   Which of the following are consumption values that customers look for in any product or
      service in a society ?
      1.    Functional value
      2.    Social value
      3.    Money value
      4.    Emotional value
      5.    Maximum value
      Codes :
      (A) 1, 2, 3, 5                        (B) 1, 3, 4, 5
      (C) 5, 4, 3, 2, 1                     (D) 1, 2 and 4

39.   Franchising is a practice of :
      (A) Leasing for a prescribed period of time, the right to use firm’s successful business
           model and brand.
      (B) Selling out a successful business model and brand.
      (C) Hiring a firm’s successful business model and brand.
      (D) None of the above.

40.   Underwriters of the security issues are required to
      (A) Purchase the securities underwritten
      (B) Work as agent of the company for marketing the securities
      (C) Manage the issues of the securities
      (D) Take up securities not subscribed by investors

41.   The optimum capital structure of a company is planned as per considerations of
      I.   Profitability                     II. Solvency
      III. Marketability of shares           IV. Control
      Codes :
      (A) I, II and IV only                  (B) II, III and IV only
      (C) I and II only                      (D) III and IV only

Paper-III                                       16                                     D-08-14
UGC NET 2014 question paper, December 2014, Paper III, Commerce, page 17 of 32
Page 17 of 32
Text of page 17
37.   ×®Ö´®Ö×»Ö×ÜÖŸÖ ²ÖÖ•ÖÖ¸ü ÃÖÓ“ÖÖ×»ÖŸÖ ×¾ÖŸÖ¸üÞÖ Ûêú ºþ¯ÖÖë Ûêú ÃÖÖê¯ÖÖ®Ö Æïü :
      1.         •ÖÖ®Ö®ÖÖ ×Ûú ÝÖÏÖÆüÛú ŒµÖÖ “ÖÖÆüŸÖÖ Æîü                 2.      Ûúß´ÖŸÖ ×®Ö¬ÖÖÔ׸üŸÖ Ûú¸ü®ÖÖ
      3.         †®Öã´ÖÖ®ÖÖë ÛúÖ ¯Öã®Ö¸üÖ¾Ö»ÖÖêÛú®Ö                      4.      ¤ãüÛúÖ®Ö ¯Ö¸ü ×®ÖÞÖÔµÖ
      5.         ×¾ÖÛú»¯ÖÖë Ûúß ŸÖã»Ö®ÖÖ                                 6.      ¯Ö׸ü¾ÖŸÖÔ®Ö »ÖÖÝÖæ Ûú¸ü®ÖÖ
      ÃÖÖê¯ÖÖ®ÖÖë Ûêú ÃÖÆüß ÛÎú´Ö ÛúÖê פü‹ ÝÖ‹ Ûæú™üÖë ´Öë ÃÖê “Öã®Öë :
      (A) 1, 4, 2, 5, 3, 6                                             (B)       1, 2, 3, 5, 4, 6
      (C) 1, 3, 4, 5, 2, 6                                             (D)       2, 3, 4, 5, 6, 1

38.   ×®Ö´®Ö×»Ö×ÜÖŸÖ ´Öë ÃÖê ÛúÖî®Ö ÃÖê ˆ¯Ö³ÖÖêÝÖ ´Öæ»µÖ Æïü ו֮ÖÛêú ×»Ö‹ ÝÖÏÖÆüÛú ÃÖ´ÖÖ•Ö ´Öë ×ÛúÃÖß ˆŸ¯ÖÖ¤ü µÖÖ ÃÖê¾ÖÖ Ûêú ×»Ö‹ ¤êüÜÖŸÖÖ Æîü ?
      1.       ×ÛÎúµÖÖŸ´ÖÛú ´Öæ»µÖ                                      2.       ÃÖÖ´ÖÖוÖÛú ´Ö滵Ö
      3.       ´Öã¦üÖ ´Öæ»µÖ                                            4.       ³ÖÖ¾Ö®ÖÖŸ´ÖÛú ´Ö滵Ö
      5.       †×¬ÖÛúŸÖ´Ö ´Ö滵Ö
      Ûæú™ü :
      (A) 1, 2, 3, 5                                                   (B)       1, 3, 4, 5
      (C) 5, 4, 3, 2, 1                                                (D)       1, 2, †Öî¸ü 4

39.   ±Ïëú“ÖևؕÖÝÖ ×ÛúÃÖÛúÖ ¯ÖÏ“Ö»Ö®Ö Æîü ?
      (A) ‹Ûú ±ú´ÖÔ Ûêú ÃÖ±ú»Ö ¾µÖ¾ÖÃÖÖµÖ ´ÖÖò›ü»Ö ‹¾ÖÓ ²ÖÎÖÑ›ü ÛúÖê ˆ¯ÖµÖÖêÝÖ Ûú¸ü®Öê ÛúÖ †×¬ÖÛúÖ¸ü ‹Ûú ×®Ö׿“ÖŸÖ ÃÖ´ÖµÖÖ¾Ö×¬Ö Ûêú
                ×»Ö‹ ³ÖÖ›ÌüÖ-¯Ö¼üÖ ¯Ö¸ü ¤êü®ÖÖ …
      (B) ÃÖ±ú»Ö ¾µÖ¾ÖÃÖÖµÖ ´ÖÖò›ü»Ö †Öî¸ü ²ÖÎÖÑ›ü Ûúß ×²ÖÛÎúß Ûú¸ü®ÖÖ …
      (C) ÃÖ±ú»Ö ¾µÖ¾ÖÃÖÖµÖ ´ÖÖò›ü»Ö †Öî¸ü ²ÖÎÖÑ›ü Ûúß ±ú´ÖÔ ×Ûú¸üÖµÖê ¯Ö¸ü »Öê®ÖÖ …
      (D) ˆ¯Ö¸üÖêŒŸÖ ÛúÖê‡Ô ®ÖÆüà

40.   ¯ÖÏ×ŸÖ³Öæ×ŸÖ ×®ÖÝÖÔ´Ö®ÖÖë Ûêú †×³ÖÝÖÖê¯ÖÛúÖë ÃÖê †¯ÖêõÖÖ Ûúß •ÖÖŸÖß Æîü
      (A) †×³ÖÝÖÖê×¯ÖŸÖ ¯ÖÏ×ŸÖ³Öæ×ŸÖµÖÖë ÛúÖê ÛÎúµÖ Ûú¸ü®Öê Ûúß
      (B) ¯ÖÏ×ŸÖ³Öæ×ŸÖµÖÖë Ûêú ×¾Ö¯ÖÞÖ®Ö ÆêüŸÖã Ûú´¯Ö®Öß Ûêú †×³ÖÛúŸÖÖÔ Ûêú ºþ¯Ö ´Öë ÛúÖ´Ö Ûú¸ü®Öê Ûúß
      (C) ¯ÖÏ×ŸÖ³Öæ×ŸÖµÖÖë Ûêú ×®ÖÝÖÔ´Ö®Ö Ûêú ¯Öϲ֮¬Ö®Ö Ûúß
      (D) ×¾Ö×®ÖµÖÖê×ÝÖµÖÖë «üÖ¸üÖ †®Ö-†×³Ö¤üÖ×®ÖŸÖ ¯ÖÏ×ŸÖ³Öæ×ŸÖµÖÖë ÛúÖê »Öê »Öê®Öê Ûúß

41.   Ûú´¯Ö®Öß Ûêú †®ÖãÛæú»ÖŸÖ´Ö ¯ÖæÑ•Öß œüÖÑ“Öê ÛúÖ ×®ÖµÖÖê•Ö®Ö _______ ¯Ö¸ü ×¾Ö“ÖÖ¸ü Ûêú †Ö¬ÖÖ¸ü ¯Ö¸ü ×ÛúµÖÖ •ÖÖŸÖÖ Æîü …
      (I) »ÖÖ³Ö¤üÖµÖÛúŸÖÖ
      (II) ¿ÖÖê¬Ö®Ö õÖ´ÖŸÖÖ
      (III) †Ó¿ÖÖë Ûúß ×¾Ö¯ÖÞÖ®Ö¿Ö߻֟ÖÖ
      (IV) ×®ÖµÖÓ¡ÖÞÖ
      Ûæú™ü :
      (A) I, II ‹¾ÖÓ IV ´ÖÖ¡Ö                                        (B) II, III ‹¾ÖÓ IV ´ÖÖ¡Ö
      (C) I ‹¾ÖÓ II ´ÖÖ¡Ö                                            (D) III ‹¾ÖÓ IV ´ÖÖ¡Ö
D-08-14                                                                  17                                                        Paper-III
UGC NET 2014 question paper, December 2014, Paper III, Commerce, page 18 of 32
Page 18 of 32
Text of page 18
42.   Assertion (A) : Investors in capital market seem to be inclined for fixed income securities.
      Reason (R) : Debt instruments now have active secondary market.
      Codes :
      (A) Assertion (A) and Reason (R) both are correct and (R) is correct explanation of (A).
      (B)    Assertion (A) and Reason (R) both are correct, but (R) is not correct explanation of
             (A).
      (C)    Assertion (A) is correct, but Reason (R) is incorrect.
      (D) Assertion (A) is not correct, but Reason (R) is correct.


43.   Insufficient working capital in any enterprise may also result into
      I.     Failure to adapt to changes
      II.    Overcapitalisation
      III.   Reduced availability of trade and cash discounts
      IV.    Reduced volume of production and sales
      Codes :
      (A) I, II and III only                     (B)   I, III and IV only
      (C)    II and III only                     (D) I and IV only


44.   Assertion (A) : Arbitrage keeps the cost of capital constant despite change in the capital
           structure.
      Reason (R) : It ensures compensating inverse change in cost of equity capital with a
           change in the cost of debt capital.
      Codes :
      (A) Assertion (A) and Reason (R) both are correct and (R) is correct explanation of (A).
      (B)    Assertion (A) and Reason (R) are correct, but (R) is not correct explanation of (A).
      (C)    Assertion (A) is correct, but Reason (R) is incorrect.
      (D) Assertion (A) is not correct, but Reason (R) is correct.


45.   Assertion (A) : High morale and high productivity go hand-in-hand.
      Reason (R) : Workers do not have their own ways for relief from fatigue and monotony.
      Codes :
      (A) Both (A) and (R) are true.             (B)   (A) is true, but (R) is false.
      (C)    (A) is false, but (R) is true.      (D) Both (A) and (R) are false.
Paper-III                                         18                                      D-08-14
UGC NET 2014 question paper, December 2014, Paper III, Commerce, page 19 of 32
Page 19 of 32
Text of page 19
42.   †×³ÖÛú£Ö®Ö (A) : ¯ÖæÑ•Öß ²ÖÖ•ÖÖ¸ü ´Öë ×¾Ö×®ÖµÖÖꌟÖÖ ×ãָü †ÖµÖ ¯ÖÏ×ŸÖ³Öæ×ŸÖµÖÖë ÆêüŸÖã —ÖãÛúÖ¾Ö ¸üÜÖŸÖê ¯ÖÏŸÖßŸÖ ÆüÖêŸÖê Æïü …
      ÛúÖ¸üÞÖ (R) : ŠúÞÖ ¯ÖÏ×ŸÖ³Öæ×ŸÖµÖÖë ÛúÖ ¾ÖŸÖÔ´ÖÖ®Ö ´Öë ÃÖ×ÛÎúµÖ ׫üŸÖßµÖÛú ²ÖÖ•ÖÖ¸ü Æîü …
      Ûæú™ü :
      (A) †×³ÖÛú£Ö®Ö (A) ‹¾ÖÓ ÛúÖ¸üÞÖ (R) ¤üÖê®ÖÖë ÃÖÆüß Æïü ‹¾ÖÓ (R), (A) Ûúß ÃÖÆüß ¾µÖÖܵÖÖ Æîü …
      (B) †×³ÖÛú£Ö®Ö (A) ‹¾ÖÓ ÛúÖ¸üÞÖ (R) ¤üÖê®ÖÖë ÃÖÆüß Æïü ×Ûú®ŸÖã (R), (A) Ûúß ÃÖÆüß ¾µÖÖܵÖÖ ®ÖÆüà Æîü …
      (C) †×³ÖÛú£Ö®Ö (A) ÃÖÆüß Æîü ×Ûú®ŸÖã ÛúÖ¸üÞÖ (R) ÝÖ»ÖŸÖ Æîü …
      (D) †×³ÖÛú£Ö®Ö (A) ÝÖ»ÖŸÖ Æîü ×Ûú®ŸÖã ÛúÖ¸üÞÖ (R) ÃÖÆüß Æîü …


43.   ×ÛúÃÖß ³Öß ˆ¯ÖÛÎú´Ö ´Öë †¯ÖµÖÖÔ¯ŸÖ “ÖÖ»Öæ ¯ÖæÑ•Öß ÛúÖ ¯Ö׸ÞÖÖ´Ö ÆüÖê ÃÖÛúŸÖÖ Æîü
      (I) ¯Ö׸ü¾ÖŸÖÔ®ÖÖë ÛúÖê †¯Ö®ÖÖ®Öê ´Öë †ÃÖ±ú»ÖŸÖÖ …
      (II) †×¬Ö¯ÖæÑ•ÖßÛú¸üÞÖ …
      (III) ¾µÖÖ¯ÖÖ¸ü ‹¾ÖÓ ®ÖÛú¤ü ”æû™ü Ûúß ®µÖæ®Ö ˆ¯Ö»Ö²¬ÖŸÖÖ …
      (IV) ˆŸ¯ÖÖ¤ü®Ö ‹¾ÖÓ ×¾ÖÛÎúµÖ Ûúß ®µÖæ®Ö ´ÖÖ¡ÖÖ …
      Ûæú™ü :
      (A) I, II †Öî¸ü III ´ÖÖ¡Ö                                      (B) I, III †Öî¸ü IV ´ÖÖ¡Ö
      (C) II †Öî¸ü III ´ÖÖ¡Ö                                         (D) I †Öî¸ü IV ´ÖÖ¡Ö


44.   †×³ÖÛú£Ö®Ö (A) : ¯ÖæÑ•Öß œüÖÑ“Öê ´Öë ¯Ö׸ü¾ÖŸÖÔ®Ö Ûêú ²ÖÖ¾Ö•Öæ¤ü †®ŸÖ¸ü¯ÖÞÖ®Ö (†Ö¸ü²Öß™Òêü•Ö) ¯ÖæÑ•Öß »ÖÖÝÖŸÖ ×ãָü ¸üÜÖŸÖÖ Æîü …
      ÛúÖ¸üÞÖ (R) : ŠúÞÖ ¯ÖæÑ•Öß ´Öë ¯Ö׸ü¾ÖŸÖÔ®Ö Ûêú ÃÖÖ£Ö µÖÆü ÃÖ´ÖŸÖÖ ¯ÖæÑ•Öß »ÖÖÝÖŸÖ ´Öë õÖ×ŸÖ¯Öæ¸üÛú ×¾Ö¯Ö¸üßŸÖ ¯Ö׸ü¾ÖŸÖÔ®Ö ÛúÖê ÃÖã×®Ö׿“ÖŸÖ
              Ûú¸üŸÖÖ Æîü …
      Ûæú™ü :
      (A) †×³ÖÛú£Ö®Ö (A) ‹¾ÖÓ ÛúÖ¸üÞÖ (R) ¤üÖê®ÖÖë ÃÖÆüß Æïü ‹¾ÖÓ (R), (A) Ûúß ÃÖÆüß ¾µÖÖܵÖÖ Æîü …
      (B) †×³ÖÛú£Ö®Ö (A) ‹¾ÖÓ ÛúÖ¸üÞÖ (R) ¤üÖê®ÖÖë ÃÖÆüß Æïü ×Ûú®ŸÖã (R), (A) Ûúß ÃÖÆüß ¾µÖÖܵÖÖ ®ÖÆüà Æîü …
      (C) †×³ÖÛú£Ö®Ö (A) ÃÖÆüß Æîü ×Ûú®ŸÖã ÛúÖ¸üÞÖ (R) ÝÖ»ÖŸÖ Æîü …
      (D) †×³ÖÛú£Ö®Ö (A) ÝÖ»ÖŸÖ Æîü ×Ûú®ŸÖã ÛúÖ¸üÞÖ (R) ÃÖÆüß Æîü …


45.   †×³ÖÛú£Ö®Ö (A) : ˆ““Ö ´Ö®ÖÖê²Ö»Ö †Öî¸ü ˆ““Ö ˆŸ¯ÖÖ¤üÛúŸÖÖ ÃÖÖ£Ö-ÃÖÖ£Ö “Ö»ÖŸÖê Æïü …
      ÛúÖ¸üÞÖ (R) : ÁÖ×´ÖÛúÖë Ûêú ¯ÖÖÃÖ £ÖÛúÖ®Ö †Öî¸ü ®Ö߸üÃÖŸÖÖ ÃÖê ²Ö“ÖÖ¾Ö ÛúÖ †¯Ö®ÖÖ ÛúÖê‡Ô ¸üÖßÖÖ ®ÖÆüà ÆüÖêŸÖÖ …
      Ûæú™ü :
      (A) (A) †Öî¸ü (R) ¤üÖê®ÖÖë ÃÖÆüß Æïü …                     (B) (A) ÃÖÆüß Æîü, »Öê×Ûú®Ö (R) ÝÖ»ÖŸÖ Æîü …
      (C) (A) ÝÖ»ÖŸÖ Æîü, »Öê×Ûú®Ö (R) ÃÖÆüß Æîü …               (D) (A) †Öî¸ü (R) ¤üÖê®ÖÖë ÝÖ»ÖŸÖ Æïü …
D-08-14                                                                    19                                                            Paper-III
UGC NET 2014 question paper, December 2014, Paper III, Commerce, page 20 of 32
Page 20 of 32
Text of page 20
46.   Relationship at work is the source of
      (A) Status anxiety                        (B) Managerial stress
      (C) Legitimate power                      (D) Expert power

47.   Match the group of words in List – I with the group of words in List – II :
                       List – I                               List – II
      a. Grievances                                  i. Profit sharing
      b. Impact of technology                        ii. Effective planning
      c. Adjustment to technology                    iii. Index of low morale
      d. Morale improvement                          iv. Changes in occupation
      Codes :
            a     b     c    d
      (A)    i    ii   iii iv
      (B) iv iii       ii    i
      (C) iii     ii   iv    i
      (D) iii iv       ii    i

48.   Assertion (A) : Functional conflict is a type of institutionalised conflict.
      Reason (R) : Politics is a kind of emergent conflict.
      Codes :
      (A) Both (A) and (R) are true.             (B) (A) is true, but (R) is false.
      (C) (A) is false, but (R) is true.         (D) Both (A) and (R) are false.

49.   Formal conflict is a kind of
      (A) Goal Conflict                         (B) Organisational Conflict
      (C) Role Conflict                         (D) Emergent Conflict

50.   One of the objectives of organisational change is
      (A) Increased motivation
      (B) Greater innovation
      (C) Solving inter-group problems
      (D) Changes in an organisation’s level of adaptation to its environment

51.   Assertion (A) : Job design relates to the manner in which tasks are put together to form
           complete job.
      Reason (R) : The matrix organisation is a project organisation plus a functional
           organisation.
      Codes :
      (A) Both (A) and (R) are true.           (B) (A) is true, but (R) is false.
      (C) (A) is false, but (R) is true.       (D) Both (A) and (R) are false.

Paper-III                                        20                                   D-08-14
UGC NET 2014 question paper, December 2014, Paper III, Commerce, page 21 of 32
Page 21 of 32
Text of page 21
46.   ÛúÖµÖÔ ¯Ö¸ü ÃÖÓ²ÖÓ¬Ö ×ÛúÃÖÛúÖ ÄÖÖêŸÖ Æîü ?
      (A) ¯Ö¤ü ˆŸÛÓúšüÖ                                                (B)      ¯ÖϲÖÓ¬ÖÛúßµÖ ŸÖ®ÖÖ¾Ö
      (C) ®µÖÖµÖÃÖÓÝÖŸÖ ¿Ö׌ŸÖ                                         (D)      ×¾Ö¿ÖêÂÖ–Ö ¿Ö׌ŸÖ

47.   ÃÖæ“Öß – I Ûêú ¿Ö²¤üÖë Ûêú ÃÖ´ÖæÆü ÛúÖê ÃÖæ“Öß – II Ûêú ¿Ö²¤üÖë Ûêú ÃÖ´ÖæÆü ÃÖê ÃÖã´Öê×»ÖŸÖ Ûú¸ëü :
               ÃÖæ“Öß – I                                             ÃÖæ“Öß – II
      a.       ׿ÖÛúÖµÖŸÖë                                   i.       »ÖÖ³Ö ÛúÖ ²ÖÑ™ü¾ÖÖ¸üÖ
      b.       ŸÖÛú®ÖßÛú ÛúÖ ¯ÖϳÖÖ¾Ö                        ii.      ¯ÖϳÖÖ¾Öß ×®ÖµÖÖê•Ö®Ö
      c.       ŸÖÛú®ÖßÛú Ûêú ÃÖÖ£Ö ÃÖ´ÖÖµÖÖê•Ö®Ö             iii. ×®Ö´®Ö ´Ö®ÖÖê²Ö»Ö ÛúÖ ÃÖæ“ÖÛúÖÓÛú
      d.       ´Ö®ÖÖê²Ö»Ö ¾Öéרü                             iv. ¯Öê¿Öê ´Öë ¯Ö׸ü¾ÖŸÖÔ®Ö
      Ûæú™ü :
               a         b         c       d
      (A)      i        ii        iii      iv
      (B)     iv        iii       ii        i
      (C)     iii       ii        iv        i
      (D)     iii       iv        ii        i

48.   †×³ÖÛú£Ö®Ö (A) : ÛúÖµÖÖÔŸ´ÖÛú ÃÖÓ‘ÖÂÖÔ ‹Ûú ¯ÖÏÛúÖ¸ü ÛúÖ ÃÖÓãÖÖ®ÖßÛéúŸÖ ÃÖÓ‘ÖÂÖÔ Æîü …
      ÛúÖ¸üÞÖ (R) : ¸üÖ•Ö®Öß×ŸÖ ‹Ûú ŸÖ¸üÆü ÛúÖ †ÖÛú×ôÖÛú ÃÖÓ‘ÖÂÖÔ Æîü …
      Ûæú™ü :
      (A) (A) †Öî¸ü (R) ¤üÖê®ÖÖë ÃÖÆüß Æïü …                      (B) (A) ÃÖÆüß Æîü, »Öê×Ûú®Ö (R) ÝÖ»ÖŸÖ Æîü …
      (C) (A) ÝÖ»ÖŸÖ Æîü, »Öê×Ûú®Ö (R) ÃÖÆüß Æîü …                (D) (A) †Öî¸ü (R) ¤üÖê®ÖÖë ÝÖ»ÖŸÖ Æïü …

49.   †Öî¯Ö“ÖÖ׸üÛú ÃÖÓ‘ÖÂÖÔ ‹Ûú ¯ÖÏÛúÖ¸ü ÛúÖ
      (A) »ÖõµÖ ÃÖÓ‘ÖÂÖÔ Æîü                                           (B)      ÃÖÓÝÖšü®ÖÖŸ´ÖÛú ÃÖÓ‘ÖÂÖÔ Æîü
      (C) ³Öæ×´ÖÛúÖ ÃÖÓ‘ÖÂÖÔ Æîü                                       (D)      †ÖÛú×ôÖÛú ÃÖÓ‘ÖÂÖÔ Æîü

50.   ÃÖÖÓÝÖšü×®ÖÛú ¯Ö׸ü¾ÖŸÖÔ®Ö ÛúÖ ˆ¤Ëü¤êü¿µÖ ÛúÖî®Ö ÃÖÖ Æîü ?
      (A) ²ÖœÌüß Æãü‡Ô †×³Ö¯ÖÏê¸üÞÖÖ                                   (B)      ˆ““ÖŸÖ¸ü ®Ö¾ÖÖ“ÖÖ¸ü
      (C) †®ŸÖÃÖÔ´ÖæÆü ÃÖ´ÖõÖÖ†Öë ÛúÖê ÃÖã»Ö—ÖÖ®ÖÖ                    (D)      ÃÖÓÝÖšü®Ö Ûêú ¾ÖÖŸÖÖ¾Ö¸üÞÖ Ûêú †ÓÝÖßÛú¸üÞÖ ÃŸÖ¸ü ´Öë ¯Ö׸ü¾ÖŸÖÔ®Ö

51.   †×³ÖÛú£Ö®Ö (A) : •ÖÖò²Ö ×›ü•ÖÖ‡®Ö ‹êÃÖÖ ŸÖ¸üßÛúÖ Æîü וÖÃÖ´Öë •ÖÖò²Ö ÛúÖê ¯ÖæÞÖÔŸÖÖ ¯ÖϤüÖ®Ö Ûú¸ü®Öê Ûêú ×»Ö‹ ÛúÖµÖÖí ÛúÖê ‹Ûú ÃÖÖ£Ö ×´Ö»ÖÖ
              פüµÖÖ •ÖÖŸÖÖ Æîü …
      ÛúÖ¸üÞÖ (R) : ´Öî×™ÒüŒÃÖ ÃÖÓÝÖšü®Ö, ¯ÖϵÖÖê•Ö®ÖÖŸ´ÖÛú ÃÖÓÝÖšü®Ö †Öî¸ü ÛúÖµÖÖÔŸ´ÖÛú ÃÖÓÝÖšü®Ö Æîü …
      Ûæú™ü :
      (A) (A) †Öî¸ü (R) ¤üÖê®ÖÖë ÃÖÆüß Æïü …                          (B) (A) ÃÖÆüß Æîü, »Öê×Ûú®Ö (R) ÝÖ»ÖŸÖ Æîü …
      (C) (A) ÝÖ»ÖŸÖ Æîü, »Öê×Ûú®Ö (R) ÃÖÆüß Æîü …                    (D) (A) †Öî¸ü (R) ¤üÖê®ÖÖë ÝÖ»ÖŸÖ Æïü …
D-08-14                                                                 21                                                            Paper-III
UGC NET 2014 question paper, December 2014, Paper III, Commerce, page 22 of 32
Page 22 of 32
Text of page 22
52.   HRD as a total system includes the following major sub-systems :
      1.    Performance Appraisal
      2.    Career Planning
      3.    Role Analysis
      4.    ABC Analysis
      5.    Rewards
      Select the correct answer from the codes.
      Codes :
      (A) 1, 2, 3, 4                            (B) 1, 2, 3, 5
      (C) 2, 3, 4, 5                            (D) 1, 3, 4, 5

53.   Which of the following is not true about employee grievances ?
      (A) Grievance is a sign of employee’s discontent with job or its nature.
      (B) Grievance provides a downward channel of communication.
      (C) Grievance arises only when an employee feels that injustice has been done to him.
      (D) Grievance can be real or imaginary.

54.   Which of the following is not a component of Job Analysis ?
      (A) Job Description                    (B) Role Analysis
      (C) Job Summary                        (D) Job Specification

55.   As per the Master Circular on “Prudential Norms on Capital Adequacy – Basel I
      Framework”, elements of Tier I capital include :
      (i) Authorised Capital (Ordinary shares), statutory reserves, all other free reserves
            (disclosed), if any.
      (ii) Paid-up capital (Preference shares).
      (iii) Perpetual Non-Cumulative Preference Shares (PNCPS).
      (iv) Innovative Perpetual Debt Instruments (IPDI).
      Codes :
      (A) (i) and (ii) only                    (B) (ii) and (iii) only
      (C) (i) and (iii) only                   (D) (iii) and (iv) only

56.   What is true about the Basel Committee on Banking Supervision (BCBS) ?
      (i) BCBS is an Indian National Committee of banking supervisory authority.
      (ii) BCBS was established by a group of 19 nationalized commercial banks.
      (iii) BCBS was established in 1996.
      (iv) It provides a forum for regular cooperation on banking supervisory matters.
      Codes :
      (A) (i) and (ii) only                    (B) (ii) and (iii) only
      (C) (iii) and (iv) only                  (D) (iv) only

Paper-III                                      22                                        D-08-14
UGC NET 2014 question paper, December 2014, Paper III, Commerce, page 23 of 32
Page 23 of 32
Text of page 23
52.   ‹“Ö.†Ö¸ü.›üß. ÃÖ´ÖÝÖÏ ¯ÖÏÞÖÖ»Öß Ûêú ºþ¯Ö ´Öë ×®Ö´®Ö×»Ö×ÜÖŸÖ ¯ÖÏ´ÖãÜÖ ˆ¯Ö-¯ÖÏÞÖÖ×»ÖµÖÖÑ ÃÖ×´´Ö×»ÖŸÖ Ûú¸üŸÖÖ Æîü
      1.         ×®Ö¯ÖÖ¤ü®Ö ´Ö滵ÖÖÓÛú®Ö                            2.      •Öß×¾ÖÛúÖ ×®ÖµÖÖê•Ö®Ö
      3.         ³Öæ×´ÖÛúÖ ×¾Ö¿»ÖêÂÖÞÖ                               4.      ‹.²Öß.ÃÖß. ×¾Ö¿»ÖêÂÖÞÖ
      5.         ¯Öã¸üÃÛúÖ¸ü
      Ûæú™üÖë ´Öë ÃÖê ÃÖÆüß ˆ¢Ö¸ü “Öã®Öë :
      Ûæú™ü :
      (A) 1, 2, 3, 4                                                     (B)       1, 2, 3, 5
      (C) 2, 3, 4, 5                                                     (D)       1, 3, 4, 5

53.   ×®Ö´®Ö×»Ö×ÜÖŸÖ ´Öë ÃÖê Ûú´ÖÔ“ÖÖ¸üß ×¿ÖÛúÖµÖŸÖÖë Ûêú ²ÖÖ¸êü ´Öë ÛúÖî®Ö ÃÖÖ ÃÖÆüß ®ÖÆüà Æîü ?
      (A) ׿ÖÛúÖµÖŸÖ, Ûú´ÖÔ“ÖÖ¸üß Ûêú ÛúÖµÖÔ †£Ö¾ÖÖ ‡ÃÖÛúß ¯ÖÏÛéú×ŸÖ ÃÖê †ÃÖÓŸÖÖêÂÖ Ûúß ÃÖæ“ÖÛú Æîü …
      (B) ׿ÖÛúÖµÖŸÖ, ÃÖÓ¯ÖÏêÂÖÞÖ ÛúÖ †¬ÖÖêÝÖÖ´Öß ´ÖÖÝÖÔ ¯ÖϤüÖ®Ö Ûú¸üŸÖß Æîü …
      (C) ׿ÖÛúÖµÖŸÖ Ûêú¾Ö»Ö ŸÖ²Ö ÆüÖêŸÖß Æîü •Ö²Ö Ûú´ÖÔ“ÖÖ¸üß ´ÖÆüÃÖæÃÖ Ûú¸üŸÖÖ Æîü ×Ûú ˆÃÖÛêú ¯ÖÏ×ŸÖ †®µÖÖµÖ Æãü†Ö Æîü …
      (D) ׿ÖÛúÖµÖŸÖ ÃÖŸµÖ †£Ö¾ÖÖ ÛúÖ»¯Ö×®ÖÛú ÆüÖê ÃÖÛúŸÖß Æîü …

54.   ×®Ö´®Ö×»Ö×ÜÖŸÖ ´Öë ÛúÖµÖÔ ×¾Ö¿»ÖêÂÖÞÖ ÛúÖ ‘Ö™üÛú ÛúÖî®Ö ÃÖÖ ®ÖÆüà Æîü ?
      (A) ÛúÖµÖÔ ¾ÖÞÖÔ®Ö                                            (B) ³Öæ×´ÖÛúÖ ×¾Ö¿»ÖêÂÖÞÖ
      (C) ÛúÖµÖÔ ÃÖÖ¸üÖÓ¿Ö                                          (D) ÛúÖµÖÔ ×¾Ö×®Ö¤ìü¿Ö

55.   “¯ÖæÑ•ÖßÝÖŸÖ ¯ÖµÖÖÔ¯ŸÖŸÖÖ ÃÖÓ²ÖÓ¬Öß ²Öãרü´ÖŸÖÖ¯ÖæÞÖÔ ¯ÖÏןִÖÖ®Ö-²Öê•Ö»Ö – I œüÖÑ“ÖÖ” ÃÖÓ²ÖÓ¬Öß ´ÖãÜµÖ ¯Ö׸ü¯Ö¡Ö (´ÖÖÙü¸ü ÃÖÛãÔú»Ö¸ü) Ûêú †®ÖãÃÖÖ¸ü
      ¯ÖÏ£Ö´Ö “Ö¸üÞÖ Ûúß ¯ÖæÑ•Öß Ûêú ŸÖ¢¾ÖÖë ´Öë ¿ÖÖ×´Ö»Ö Æîü :
      (i) †×¬ÖÛéúŸÖ ¯ÖæÑ•Öß (ÃÖÖ¬ÖÖ¸üÞÖ ¿ÖêµÖ¸ü), ÃÖÖÓ×¾Ö׬ÖÛú †Ö¸ü×õÖןÖ, †®µÖ ÃÖ³Öß ´ÖãŒŸÖ †Ö¸ü×õÖ×ŸÖ (¸üÆüõÖÖê¤ü‘ÖÖ×™üŸÖ), µÖפü ÛúÖê‡Ô ÆüÖê
      (ii) ³ÖãÝÖŸÖÖ®Ö Ûúß ÝÖ‡Ô ¯ÖæÑ•Öß (†×¬Ö´ÖÖ®µÖ ¿ÖêµÖ¸ü)
      (iii) ×®Ö¸ÓüŸÖ¸ü ÝÖî¸ü-ÃÖÓ“ÖµÖß †×¬Ö´ÖÖ®µÖ ¿ÖêµÖ¸ü (¯Öß.‹®Ö.ÃÖß.¯Öß.‹ÃÖ.)
      (iv) †×³Ö®Ö¾Ö ×®Ö¸ÓüŸÖ¸ü ŠúÞÖ ×»ÖÜÖŸÖ (†Ö‡Ô.¯Öß.›üß.†Ö‡Ô.)
      Ûæú™ü :
      (A) Ûêú¾Ö»Ö (i) †Öî¸ü (ii)                                     (B) Ûêú¾Ö»Ö (ii) †Öî¸ü (iii)
      (C) Ûêú¾Ö»Ö (i) †Öî¸ü (iii)                                    (D) Ûêú¾Ö»Ö (iii) †Öî¸ü (iv)

56.   ²ÖïÛúÛúÖ¸üß ¯ÖµÖÔ¾ÖêõÖÞÖ ÃÖÓ²ÖÓ¬Öß ²Öê•Ö»Ö ÃÖ×´Ö×ŸÖ (²Öß.ÃÖß.²Öß.‹ÃÖ.) Ûêú ²ÖÖ¸êü ´Öë ×®Ö´®Ö×»Ö×ÜÖŸÖ ´Öë ÃÖê ŒµÖÖ ÃÖÆüß Æîü ?
      (i) ²ÖïÛúÛúÖ¸üß ¯ÖµÖÔ¾ÖêõÖÞÖ ÃÖÓ²ÖÓ¬Öß ²Öê•Ö»Ö ÃÖ×´Ö×ŸÖ (²Öß.ÃÖß.²Öß.‹ÃÖ) ²ÖïÛúÛúÖ¸üß ¯ÖµÖÔ¾ÖêõÖÞÖ ¯ÖÏÖ׬ÖÛú¸üÞÖ Ûúß ‹Ûú ³ÖÖ¸üŸÖßµÖ
               ¸üÖ™ÒüßµÖ ÃÖ×´Ö×ŸÖ Æîü …
      (ii) ²ÖïÛúÛúÖ¸üß ¯ÖµÖÔ¾ÖêõÖÞÖ ÃÖÓ²ÖÓ¬Öß ²Öê•Ö»Ö ÃÖ×´Ö×ŸÖ (²Öß.ÃÖß.²Öß.‹ÃÖ.) Ûúß Ã£ÖÖ¯Ö®ÖÖ 19 ¸üÖ™ÒüßµÖÛéúŸÖ ¾ÖÖ×ÞÖוµÖÛú ²ÖïÛúÖë Ûêú
               ÃÖ´ÖæÆü «üÖ¸üÖ Ûúß ÝÖ‡Ô £Öß …
      (iii) ²ÖïÛúÛúÖ¸üß ¯ÖµÖÔ¾ÖêõÖÞÖ ÃÖÓ²ÖÓ¬Öß ²Öê•Ö»Ö ÃÖ×´Ö×ŸÖ (²Öß.ÃÖß.²Öß.‹ÃÖ.) Ûúß Ã£ÖÖ¯Ö®ÖÖ ¾ÖÂÖÔ 1996 ´Öë Æãü‡Ô £Öß …
      (iv) µÖÆü ²ÖïÛúÛúÖ¸üß ¯ÖµÖÔ¾ÖêõÖß ´ÖÖ´Ö»ÖÖë Ûêú ÃÖÓ²ÖÓ¬Ö ´Öë ×®ÖµÖ×´ÖŸÖ ÃÖÆüµÖÖêÝÖ ÆêüŸÖã ‹Ûú ´ÖÓ“Ö ˆ¯Ö»Ö²¬Ö Ûú¸üÖŸÖÖ Æîü …
      Ûæú™ü :
      (A) Ûêú¾Ö»Ö (i) †Öî¸ü (ii)                                        (B) Ûêú¾Ö»Ö (ii) †Öî¸ü (iii)
      (C) Ûêú¾Ö»Ö (iii) †Öî¸ü (iv)                                      (D) Ûêú¾Ö»Ö (iv)

D-08-14                                                                    23                                                             Paper-III
UGC NET 2014 question paper, December 2014, Paper III, Commerce, page 24 of 32
Page 24 of 32
Text of page 24
57.   Under the Cooperative Bank structure, the apex institution is
      (A) National Cooperative Bank                   (B)   State Cooperative Bank
      (C)    District Cooperative Bank                (D) IDBI Bank


58.   What is SLR ratio of a bank ?
      (A) Ratio of total deposits against total investments.
      (B)    Amount deposited by the bank with the Central Bank in the form of cash, gold and
             securities.
      (C)    Amount that commercial banks are required to maintain before providing credit to
             customers.
      (D) Amount that commercial banks deposit with the foreign banks.


59.   Assertion (A) : The USA remains the world’s largest FDI recipient country.
      Reason (R) : The global economic crisis of 2009, causes a reduction of global FDI flows
           took place to USA.
      Select the correct code :
      Codes :
      (A) Both (A) and (R) are correct and (R) is the correct explanation of (A).
      (B)    (A) is correct, but (R) is not correct.
      (C)    Both (A) and (R) are incorrect.
      (D) Both (A) and (R) are correct, but (R) is not correct explanation of (A).


60.   As per the South Asia Free Trade Agreement, 1993 of SAARC, the member countries
      have to bring their duties down to
      (A) 25 percent by 2006                          (B)   15 percent by 2006
      (C)    10 percent by 2007                       (D) 20 percent by 2007


61.   Which of the following is the correct combination ?
      (i)    A GSA allows an MNE to enter into activities that might too costly and risky to
             pursue on its own.
      (ii)   A GSA does not allow a firm to enhance economics of scale.
      (iii) A GSA does not allow a firm to bypass entry barriers into a target foreign country.
      (iv) A GSA allows a firm to acquire partner knowledge.
      Codes :
      (A) (i), (iv) are correct.                      (B)   (i), (ii) are correct.
      (C)    (i), (ii), (iii) and (iv) are correct.   (D) (ii) and (iii) are correct.

Paper-III                                              24                               D-08-14
UGC NET 2014 question paper, December 2014, Paper III, Commerce, page 25 of 32
Page 25 of 32
Text of page 25
57.   ÃÖÆüÛúÖ¸üß ²ÖïÛú Ûúß ÃÖÓ¸ü“Ö®ÖÖ ´Öë ×®Ö´®Ö×»Ö×ÜÖŸÖ ´Öë ÃÖê ÛúÖî®Ö ¿ÖßÂÖÔ ÃÖÓãÖÖ Æîü ?
      (A) ¸üÖ™ÒüßµÖ ÃÖÆüÛúÖ¸üß ²ÖïÛú                                   (B) ¸üÖ•µÖ ÃÖÆüÛúÖ¸üß ²ÖïÛú
      (C) וֻÖÖ ÃÖÆüÛúÖ¸üß ²ÖïÛú                                       (D) †Ö‡Ô.›üß.²Öß.†Ö‡Ô. ²ÖïÛú


58.   ×ÛúÃÖß ³Öß ²ÖïÛú ÛúÖ ÃÖÖÓ×¾Ö׬ÖÛú ŸÖ¸ü»ÖŸÖÖ †®Öã¯ÖÖŸÖ (‹ÃÖ.‹»Ö.†Ö¸ü.) ×®Ö´®Ö×»Ö×ÜÖŸÖ ´Öë ÃÖê ŒµÖÖ Æîü ?
      (A) Ûãú»Ö ×®Ö¾Öê¿Ö Ûúß ŸÖã»Ö®ÖÖ ´Öë Ûãú»Ö •Ö´ÖÖ ¸üÖ×¿Ö ÛúÖ †®Öã¯ÖÖŸÖ …
      (B) ²ÖïÛú «üÖ¸üÖ ®ÖÛú¤ü, þÖÞÖÔ †Öî¸ü ¯ÖÏ×ŸÖ³Öæ×ŸÖ Ûêú ºþ¯Ö ´Öë Ûêú®¦üßµÖ ²ÖïÛú ´Öë •Ö´ÖÖ Ûúß ÝÖ‡Ô ¬Ö®Ö¸üÖ×¿Ö …
      (C) ÝÖÏÖÆüÛúÖë ÛúÖê ÛÎêú×›ü™ü ¤êü®Öê ÃÖê ¯Öæ¾ÖÔ ¾ÖÖ×ÞÖוµÖÛú ²ÖïÛúÖë «üÖ¸üÖ †®Öã¸ü×õÖŸÖ Ûúß •ÖÖ®Öê ¾ÖÖ»Öß †¯Öê×õÖŸÖ ¬Ö®Ö¸üÖ×¿Ö …
      (D) ¾ÖÖ×ÞÖוµÖÛú ²ÖïÛúÖë «üÖ¸üÖ ×¾Ö¤êü¿Öß ²ÖïÛúÖë ´Öë •Ö´ÖÖ Ûúß ÝÖ‡Ô ¬Ö®Ö¸üÖ×¿Ö …


59.   Ûú£Ö®Ö (A) : µÖæ.‹ÃÖ.‹. ×¾Ö¿¾Ö ÛúÖ ÃÖ²ÖÃÖê ²Ö›ÌüÖ ¯ÖÏŸµÖõÖ ×¾Ö¤êü¿Öß ×®Ö¾Öê¿Ö ¯ÖÏÖ¯ŸÖÛúŸÖÖÔ ¤êü¿Ö ²Ö®ÖÖ Æãü†Ö Æîü …
      ŸÖÛÔú (R) : ¾ÖÂÖÔ 2009 ´Öë †Ö‹ ¾Öî׿¾ÖÛú †ÖÙ£ÖÛú ÃÖÓÛú™ü Ûêú ÛúÖ¸üÞÖ µÖæ.‹ÃÖ.‹. ´Öë ¯ÖÏŸµÖõÖ ×¾Ö¤êü¿Öß ×®Ö¾Öê¿Ö Ûêú ¯ÖϾÖÖÆü ´Öë
               Ûú´Öß †Ö‡Ô …
      ÃÖÆüß Ûæú™ü ÛúÖ “ÖµÖ®Ö Ûú¸ëü :
      Ûæú™ü :
      (A) (A) †Öî¸ü (R) ¤üÖê®ÖÖë ÃÖÆüß Æïü, †Öî¸ü (R), (A) ÛúÖ ÃÖÆüß Ã¯Ö™üßÛú¸üÞÖ Æîü …
      (B) (A) ÃÖÆüß Æîü, ×Ûú®ŸÖã (R) ÝÖ»ÖŸÖ Æîü …
      (C) (A) †Öî¸ü (R) ¤üÖê®ÖÖë ÝÖ»ÖŸÖ Æïü …
      (D) (A) †Öî¸ü (R) ¤üÖê®ÖÖë ÃÖÆüß Æïü, ×Ûú®ŸÖã (R), (A) ÛúÖ ÃÖÆüß Ã¯Ö™üßÛú¸üÞÖ ®ÖÆüà Æîü …


60.   ¤üõÖêÃÖ Ûêú ¤ü×õÖÞÖ ‹×¿ÖµÖÖ ´ÖãŒŸÖ ¾µÖÖ¯ÖÖ¸ü ÃÖ´Ö—ÖÖîŸÖÖ, 1993 Ûêú †®ÖãÃÖÖ¸ü, ÃÖ¤üÃµÖ ¤êü¿ÖÖë ÛúÖê †¯Ö®ÖÖ ¿Öã»Ûú Ûú´Ö Ûú¸ü®ÖÖ Æîü
      (A) 2006 ŸÖÛú 25 ¯ÖÏ×ŸÖ¿ÖŸÖ                                  (B) 2006 ŸÖÛú 15 ¯ÖÏןֿ֟Ö
      (C) 2007 ŸÖÛú 10 ¯ÖÏ×ŸÖ¿ÖŸÖ                                  (D) 2007 ŸÖÛú 20 ¯ÖÏןֿ֟Ö


61.   ×®Ö´®Ö×»Ö×ÜÖŸÖ ´Öë ÃÖê ÛúÖî®Ö ÃÖÖ ÃÖÆüß µÖãÝ´Ö Æîü ?
      (i) •Öß.‹ÃÖ.‹. ×ÛúÃÖß ‹´Ö.‹®Ö.‡Ô. ÛúÖê ×ÛúÃÖß ‹êÃÖß ÝÖןÖ×¾Ö×¬Ö ´Öë ¿ÖÖ×´Ö»Ö ÆüÖê®Öê Ûúß †®Öã´Ö×ŸÖ ¤êüŸÖÖ Æîü •ÖÖê ²ÖÆãüŸÖ ´ÖÆÓüÝÖÖ ÆüÖê
               ÃÖÛúŸÖÖ Æîü †Öî¸ü †¯Ö®Öê †Ö¯Ö †ÖÝÖê ²ÖœÌü®ÖÖ •ÖÖê×ÜÖ´Ö ³Ö¸üÖ ÆüÖê ÃÖÛúŸÖÖ Æîü …
      (ii) •Öß.‹ÃÖ.‹. ×ÛúÃÖß ±ú´ÖÔ ÛúÖê †ÖÙ£ÖÛú ¯Öî´ÖÖ®ÖÖ ²ÖœÌüÖ®Öê Ûúß †®Öã´Ö×ŸÖ ®ÖÆüà ¤êüŸÖÖ Æîü …
      (iii) •Öß.‹ÃÖ.‹. ×ÛúÃÖß ±ú´ÖÔ ÛúÖê ×ÛúÃÖß »Ö×õÖŸÖ ¤êü¿Ö Ûúß ¯ÖϾÖê¿Ö ²ÖÖ¬ÖÖ†Öë ÛúÖê ¯ÖÖ¸ü Ûú¸ü®Öê Ûúß †®Öã´Ö×ŸÖ ®ÖÆüà ¤êüŸÖÖ Æîü …
      (iv) •Öß.‹ÃÖ.‹. ×ÛúÃÖß ±ú´ÖÔ ÛúÖê ÃÖÖ—Öê¤üÖ¸ü ÃÖê –ÖÖ®Ö ÆüÖ×ÃÖ»Ö Ûú¸ü®Öê Ûúß †®Öã´Ö×ŸÖ ¤êüŸÖÖ Æîü …
      Ûæú™ü :
      (A) (i), (iv) ÃÖÆüß Æïü …                                     (B) (i), (ii) ÃÖÆüß Æïü …
      (C) (i), (ii), (iii) †Öî¸ü (iv) ÃÖÆüß Æïü …                   (D) (ii) †Öî¸ü (iii) ÃÖÆüß Æïü …
D-08-14                                                                25                                                           Paper-III
UGC NET 2014 question paper, December 2014, Paper III, Commerce, page 26 of 32
Page 26 of 32
Text of page 26
62.   Which of the following are the outcomes of the Sixth Ministerial Conference of WTO
      which was held at Hong Kong in December 2005 ?
      Select the correct combination :
      (i) Resolve to complete the Doha Work Programme fully and to conclude negotiations
            in 2006.
      (ii) Amendments to TRIPS agreement reaffirmed to address public health concerns of
            developing countries.
      (iii) To continue export subsidies in agriculture upto 2018.
      (iv) Duty free, quota free market access for all LDC’s products to all developed
            countries.
      Codes :
      (A) (i), (ii) and (iv)                   (B) (i), (ii), (iii) and (iv)
      (C) (i) and (iii) only                   (D) (ii) and (iv) only

63.   Which of the following is not a function of Foreign Exchange Market ?
      (A) Stabilization function               (B) Hedging function
      (C) Credit function                      (D) Transfer function

64.   Assertion (A) : The impact of depreciating Indian Rupee leads to less competition for
            Indian firms from imports.
      Reason (R) : The depreciating Indian Rupee results in downward pressure on inflation .
      Select the correct code :
      Codes :
      (A) Both (A) and (R) are correct.
      (B) (A) is false, but (R) is correct.
      (C) Both (A) and (R) are false.
      (D) (A) is true, but (R) is false.

65.   In which of the following Stock Exchanges the GDR’s are listed ?
      (i) London Stock Exchange
      (ii) New-York Stock Exchange
      (iii) Luxembourg Stock Exchange
      (iv) Bombay Stock Exchange
      (v) Singapore Stock Exchange
      (vi) Hong Kong Exchange
      Identify the correct combination :
      (A) (i), (ii) and (iii)                (B) (i), (iv), (v) and (vi)
      (C) (iii), (iv), (v) and (vi)          (D) (i), (iii), (v) and (vi)
Paper-III                                       26                                  D-08-14
UGC NET 2014 question paper, December 2014, Paper III, Commerce, page 27 of 32
Page 27 of 32
Text of page 27
62.   ×®Ö´®Ö×»Ö×ÜÖŸÖ ´Öë ÃÖê ÛúÖî®Ö ÃÖÖ ×¾Ö¿¾Ö ¾µÖÖ¯ÖÖ¸ü ÃÖÓÝÖšü®Ö Ûêú ”ûšêü ´ÖÓ¡ÖßßָüßµÖ ÃÖ´´Öê»Ö®Ö ÛúÖ ¯Ö׸üÞÖÖ´Ö Æîü •ÖÖê פüÃÖÓ²Ö¸ü, 2005 ´Öë
      ÆüÖÓÝÖÛúÖÓÝÖ ´Öë †ÖµÖÖê×•ÖŸÖ ×ÛúµÖÖ ÝÖµÖÖ £ÖÖ ?
      ÃÖÆüß µÖãÝ´Ö ÛúÖ “ÖµÖ®Ö Ûú¸ëü :
      (i) ¤üÖêÆüÖ ÛúÖµÖÔ ÛúÖµÖÔÛÎú´Ö ÛúÖê ¯ÖæÞÖÔ ºþ¯Ö ÃÖê ¯Öæ¸üÖ Ûú¸ü®Öê ÛúÖ ÃÖÓÛú»¯Ö †Öî¸ü ¾ÖÂÖÔ 2006 ´Öë ²ÖÖŸÖ“ÖßŸÖ ÃÖ´ÖÖ¯ŸÖ Ûú¸ü®ÖÖ …
      (ii) ×¾ÖÛúÖÃÖ¿Öᯙ ¤êü¿ÖÖë Ûúß •Ö®Ö Ã¾ÖÖãµÖ ؓ֟ÖÖ†Öë Ûêú ÃÖ´ÖÖ¬ÖÖ®Ö Ûêú ×»Ö‹ ™üß.†Ö¸ü.†Ö‡Ô.¯Öß.‹ÃÖ. ÃÖ´Ö—ÖÖîŸÖê ´Öë ÃÖÓ¿ÖÖê¬Ö®ÖÖë
                 Ûúß ¯Öã®Ö: ¯Öã×™ü Ûú¸ü®ÖÖ …
      (iii) ¾ÖÂÖÔ 2018 ŸÖÛú Ûéú×ÂÖ ´Öë ×®ÖµÖÖÔŸÖ †®Öã¤üÖ®Ö ÛúÖê •ÖÖ¸üß ¸üÜÖ®ÖÖ …
      (iv) ÃÖ³Öß ×¾ÖÛú×ÃÖŸÖ ¤êü¿ÖÖë ÛúÖê ÃÖ³Öß ‹»Ö.›üß.ÃÖß. ˆŸ¯ÖÖ¤üÖë ŸÖÛú ¿Öã»Ûú ´Ö㌟Ö, ÛúÖê™üÖ ´ÖãŒŸÖ ²ÖÖ•ÖÖ¸ü ŸÖÛú ¯ÖÆãÑü“Ö ²Ö®ÖÖ®ÖÖ …
      Ûæú™ü :
      (A) (i), (ii) †Öî¸ü (iv)                                         (B) (i), (ii), (iii) †Öî¸ü (iv)
      (C) Ûêú¾Ö»Ö (i) †Öî¸ü (iii)                                      (D) Ûêú¾Ö»Ö (ii) †Öî¸ü (iv)


63.   ×®Ö´®Ö×»Ö×ÜÖŸÖ ´Öë ÃÖê ÛúÖî®Ö ÃÖÖ ×¾Ö¤êü¿Öß ´Öã¦üÖ ²ÖÖ•ÖÖ¸ü ÛúÖ ÛúÖµÖÔ ®ÖÆüà Æîü ?
      (A) ×ãָüßÛú¸üÞÖ ÛúÖµÖÔ                                         (B) Æêü•ÖàÝÖ ÛúÖµÖÔ
      (C) ÃÖÖÜÖ ÛúÖµÖÔ                                                 (D) ÆüßÖÖÓŸÖ¸üÞÖ ÛúÖµÖÔ


64.   Ûú£Ö®Ö (A) : ³ÖÖ¸üŸÖßµÖ ´Öã¦üÖ Ûêú †¾Ö´Öæ»µÖ®Ö Ûêú ¯ÖϳÖÖ¾Ö Ûêú ÛúÖ¸üÞÖ †ÖµÖÖŸÖ Ûúß ×ãÖ×ŸÖ ´Öë ³ÖÖ¸üŸÖßµÖ ±ú´ÖÖí ÛúÖê ®µÖæ®ÖŸÖ´Ö ¯ÖÏןÖï֬ÖÖÔ
               Ûú¸ü®Öß ¯Ö›ÌüŸÖß Æîü …
      ŸÖÛÔú (R) : ³ÖÖ¸üŸÖßµÖ ´Öã¦üÖ Ûêú †¾Ö´Öæ»µÖ®Ö Ûêú ¯Ö׸üÞÖÖ´Öþֺþ¯Ö ´Öã¦üÖñúß×ŸÖ ¯Ö¸ü †¬ÖÖêÝÖÖ´Öß ¤ü²ÖÖ¾Ö ¯Ö›ÌüŸÖÖ Æîü …
      ÃÖÆüß Ûæú™ü ÛúÖ “ÖµÖ®Ö Ûú¸ëü :
      Ûæú™ü :
      (A) (A) †Öî¸ü (R) ¤üÖê®ÖÖë ÃÖÆüß Æïü …                         (B) (A) ÝÖ»ÖŸÖ Æîü, ×Ûú®ŸÖã (R) ÃÖÆüß Æîü …
      (C) (A) †Öî¸ü (R) ¤üÖê®ÖÖë ÝÖ»ÖŸÖ Æïü …                        (D) (A) ÃÖÆüß Æîü, ×Ûú®ŸÖã (R) ÝÖ»ÖŸÖ Æîü …


65.   ×®Ö´®Ö×»Ö×ÜÖŸÖ ´Öë ÃÖê ×ÛúÃÖ Ã™üÖòÛú ‹ŒÃÖ“Öë•Ö ´Öë •Öß.›üß.†Ö¸ü. ÃÖæ“Öß²Ö¨ü Æîü ?
      (i) »ÖÓ¤ü®Ö ÙüÖòÛú ‹ŒÃÖ“Öë•Ö
      (ii) ®µÖæµÖÖòÛÔú ÙüÖòÛú ‹ŒÃÖ“Öë•Ö
      (iii) »ÖŒ•Öê´²ÖÝÖÔ Ã™üÖòÛú ‹ŒÃÖ“Öë•Ö
      (iv) ²ÖÖò´²Öê ÙüÖòÛú ‹ŒÃÖ“Öë•Ö
      (v) ØÃÖÝÖÖ¯Öã¸ü ÙüÖòÛú ‹ŒÃÖ“Öë•Ö
      (vi) ÆüÖÓÝÖÛúÖÓÝÖ Ã™üÖòÛú ‹ŒÃÖ“Öë•Ö
      ÃÖÆüß µÖãÝ´Ö ÛúÖ “ÖµÖ®Ö Ûú¸ëü :
      (A) (i), (ii) †Öî¸ü (iii)                                   (B) (i), (iv), (v) †Öî¸ü (vi)
      (C) (iii), (iv), (v) †Öî¸ü (vi)                             (D) (i), (iii), (v) †Öî¸ü (vi)
D-08-14                                                                 27                                                           Paper-III
UGC NET 2014 question paper, December 2014, Paper III, Commerce, page 28 of 32
Page 28 of 32
Text of page 28
66.   Statement I : FIIs do not invest in unlisted entities. They participate only through stock
            exchanges.
      Statement II : FIIs cannot invest at the time of initial allotment.
      Select the correct code :
      Codes :
      (A) Statements I and II are correct.
      (B) Statement I is true and II is false.
      (C) Statement I is false and II is correct.
      (D) Statements I and II are false.

67.   ADRs’ and GDRs’ are an excellent means of investment to invest in India for
      (A) NRIs’                            (B) Foreign nationals
      (C) Both (A) & (B)                   (D) None of the above

68.   Which of the following is not provided by EXIM Bank, for financing overseas
      investments ?
      (A) Term loans to Indian Companies upto 80% of their equity investment in overseas
            JV/WOS.
      (B) Term loans to Indian Companies towards upto 100% of loan extended by them to
            the overseas JV/WOS.
      (C) Term loan to overseas JV/WOS towards part financing.
      (D) Guarantee facility to the overseas JV/WOS for raising term loan/working capital

69.   Under Section 271 C of the Income Tax Act, 1961 the amount of penalty for failure to
      deduct tax at source is
      (A) 10% of tax which is otherwise deductible under Section 194 C.
      (B) 100% of tax which is otherwise deductible under Section 194 C.
      (C) 200% of tax which is otherwise deductible under Section 194 C.
      (D) 300% of tax which is otherwise deductible under Section 194 C.

70.   Match the following items of List – I and List – II and select the correct answer from the
      codes given below :
                      List – I                             List – II
                     (Sections)                   (Maximum Deduction)
      a. Section 80C of I.T. Act             i. ` 10,000
      b. Section 80D of I.T. Act             ii. ` 40,000
      c. Section 80 DDB of I.T. Act          iii. ` 1,00,000
      d. Section 80 TTA of I.T. Act          iv. ` 15,000
      Codes :
             a     b      c     d
      (A) iii      i     iv    ii
      (B) iii iv         ii     i
      (C) iv iii         ii     i
      (D) ii      iii     i    iv
Paper-III                                      28                                      D-08-14
UGC NET 2014 question paper, December 2014, Paper III, Commerce, page 29 of 32
Page 29 of 32
Text of page 29
66.   Ûú£Ö®Ö I : ‹±ú.†Ö‡Ô.†Ö‡Ô. ÝÖî¸ü-ÃÖæ“Öß²Ö¨ü ‹ÛúÛúÖë ´Öë ×®Ö¾Öê¿Ö ®ÖÆüà Ûú¸üŸÖê Æïü … ¾Öê Ûêú¾Ö»Ö ÙüÖòÛú ‹ŒÃÖ“Öë•ÖÖë Ûêú ´ÖÖ¬µÖ´Ö ÃÖê ³ÖÖÝÖ
               »ÖêŸÖê Æïü …
      Ûú£Ö®Ö II : ‹±ú.†Ö‡Ô.†Ö‡Ô. ¯ÖÏÖ¸Óü׳ÖÛú †Ö²ÖÓ™ü®Ö Ûêú ÃÖ´ÖµÖ ×®Ö¾Öê¿Ö ®ÖÆüà Ûú¸ü ÃÖÛúŸÖê Æïü …
      ÃÖÆüß Ûæú™ü ÛúÖ “ÖµÖ®Ö Ûú¸ëü :
      Ûæú™ü :
      (A) Ûú£Ö®Ö I †Öî¸ü II ÃÖÆüß Æïü …                            (B) Ûú£Ö®Ö I ÃÖÆüß Æîü †Öî¸ü Ûú£Ö®Ö II ÝÖ»ÖŸÖ Æîü …
      (C) Ûú£Ö®Ö I ÝÖ»ÖŸÖ Æîü †Öî¸ü II ÃÖÆüß Æîü …                 (D) Ûú£Ö®Ö I †Öî¸ü II ¤üÖê®ÖÖë ÝÖ»ÖŸÖ Æïü …

67.   ×®Ö´®Ö×»Ö×ÜÖŸÖ ´Öë ÃÖê ÛúÖî®Ö ÃÖÖ ³ÖÖ¸üŸÖ ´Öë ×®Ö¾Öê¿Ö Ûêú ×»Ö‹ ‹.›üß.†Ö¸ü. †Öî¸ü •Öß.›üß.†Ö¸ü. ×®Ö¾Öê¿Ö Ûêú ÃÖ¾ÖÖì¢Ö´Ö ´ÖÖ¬µÖ´Ö Æîü ?
      (A) †×®Ö¾ÖÖÃÖß ³ÖÖ¸üŸÖßµÖ                                       (B) ×¾Ö¤êü¿Öß ®ÖÖÝÖ׸üÛú
      (C) (A) †Öî¸ü (B) ¤üÖê®ÖÖë                                      (D) ˆ¯ÖµÖãÔŒŸÖ ´Öë ÃÖê ÛúÖê‡Ô ®ÖÆüà

68.   ×¾Ö¤êü¿Öß ×®Ö¾Öê¿Ö ×¾Ö¢Ö¯ÖÖêÂÖÞÖ Ûêú ×»Ö‹ ×®Ö´®Ö×»Ö×ÜÖŸÖ ´Öë ÃÖê ÛúÖî®Ö ÃÖÖ †ÖµÖÖŸÖ-×®ÖµÖÖÔŸÖ ²ÖïÛú (‡Ô.‹ŒÃÖ.†Ö‡Ô.‹´Ö. ²ÖïÛú) «üÖ¸üÖ
      ¯ÖϤüÖ®Ö ®ÖÆüà ×ÛúµÖÖ •ÖÖŸÖÖ Æîü ?
      (A) ³ÖÖ¸üŸÖßµÖ ÛÓú¯Ö×®ÖµÖÖë ÛúÖê ×¾Ö¤êü¿Öß •Öê.¾Öß./›ü²»µÖæ.†Öê. ‹ÃÖ. ´Öë ˆ®ÖÛêú ÃÖ´ÖŸÖÖ ×¾Ö×®ÖµÖÖêÝÖ ÛúÖ 80 ¯ÖÏ×ŸÖ¿ÖŸÖ ŸÖÛú †Ö¾Ö׬ÖÛú
                 ŠúÞÖ …
      (B) ³ÖÖ¸üŸÖßµÖ ÛÓú¯Ö×®ÖµÖÖë ÛúÖê ×¾Ö¤êü¿Öß •Öê.¾Öß./›ü²»µÖæ.†Öê.‹ÃÖ. ÛúÖê ˆ®ÖÛêú «üÖ¸üÖ ¯ÖϤü¢Ö ŠúÞÖ ÛúÖ 100 ¯ÖÏ×ŸÖ¿ÖŸÖ ŸÖÛú
                 †Ö¾Ö׬ÖÛú ŠúÞÖ …
      (C) †ÖÓ׿ÖÛú ×¾Ö¢Ö¯ÖÖêÂÖÞÖ Ûêú ¯ÖÏ×ŸÖ ×¾Ö¤êü¿Öß •Öê.¾Öß./›ü²»µÖæ.†Öê.‹ÃÖ. ÛúÖê †Ö¾Ö׬ÖÛú ŠúÞÖ …
      (D) †Ö¾Ö׬ÖÛú ŠúÞÖ/ÛúÖµÖÔ¿Öᯙ ¯ÖæÑ•Öß •Öã™üÖ®Öê Ûêú ×»Ö‹ ×¾Ö¤êü¿Öß •Öê.¾Öß./›ü²»µÖæ.†Öê.‹ÃÖ. ÛúÖê ÝÖÖ¸Óü™üß ÃÖã×¾Ö¬ÖÖ …

69.   †ÖµÖÛú¸ü †×¬Ö×®ÖµÖ´Ö, 1961 Ûúß ¬ÖÖ¸üÖ 271 ÝÖ Ûêú †ÓŸÖÝÖÔŸÖ ÄÖÖêŸÖ ¯Ö¸ü Æüß Ûú¸ü Ûúß Ûú™üÖîŸÖß Ûú¸ü®Öê ´Öë †ÃÖ±ú»Ö ¸üÆü®Öê ¯Ö¸ü
      †£ÖÔ¤Óü›ü Ûúß ¸üÖ×¿Ö Æîü
      (A) Ûú¸ü ÛúÖ 10% •ÖÖê †®µÖ£ÖÖ ¬ÖÖ¸üÖ 194 ÝÖ Ûêú †ÓŸÖÝÖÔŸÖ Ûú™üÖîŸÖß µÖÖêÝµÖ Æîü …
      (B) Ûú¸ü ÛúÖ 100% •ÖÖê †®µÖ£ÖÖ ¬ÖÖ¸üÖ 194 ÝÖ Ûêú †ÓŸÖÝÖÔŸÖ Ûú™üÖîŸÖß µÖÖêÝµÖ Æîü …
      (C) Ûú¸ü ÛúÖ 200% •ÖÖê †®µÖ£ÖÖ ¬ÖÖ¸üÖ 194 ÝÖ Ûêú †ÓŸÖÝÖÔŸÖ Ûú™üÖîŸÖß µÖÖêÝµÖ Æîü …
      (D) Ûú¸ü ÛúÖ 300% •ÖÖê †®µÖ£ÖÖ ¬ÖÖ¸üÖ 194 ÝÖ Ûêú †ÓŸÖÝÖÔŸÖ Ûú™üÖîŸÖß µÖÖêÝµÖ Æîü …

70.   ÃÖæ“Öß – I Ûêú ´Ö¤üÖë ÛúÖê ÃÖæ“Öß – II Ûêú ´Ö¤üÖë ÃÖê ÃÖã´Öê×»ÖŸÖ Ûú¸ü ×®Ö´®Ö×»Ö×ÜÖŸÖ ´Öë ÃÖê ÃÖÆüß Ûæú™ü ÛúÖ “ÖµÖ®Ö Ûú¸ëü :
                                  ÃÖæ“Öß – I                                                 ÃÖæ“Öß – II
                                   (¬ÖÖ¸üÖ‹Ñ)                                           (†×¬ÖÛúŸÖ´Ö Ûú™üÖîŸÖß)
      a.       †ÖµÖÛú¸ü †×¬Ö×®ÖµÖ´Ö Ûúß ¬ÖÖ¸üÖ 80 ÝÖ                             i.      ` 10,000
      b.       †ÖµÖÛú¸ü †×¬Ö×®ÖµÖ´Ö Ûúß ¬ÖÖ¸üÖ 80 ‘Ö                             ii.     ` 40,000
      c.       †ÖµÖÛú¸ü †×¬Ö×®ÖµÖ´Ö Ûúß ¬ÖÖ¸üÖ 80 ‘Ö ‘Ö ÜÖ                       iii. ` 1,00,000
      d.       †ÖµÖÛú¸ü †×¬Ö×®ÖµÖ´Ö Ûúß ¬ÖÖ¸üÖ 80 ®Ö ®Ö Ûú                       iv. ` 15,000
      Ûæú™ü :
               a        b         c       d
      (A)     iii       i        iv       ii
      (B)     iii      iv        ii        i
      (C)     iv       iii       ii        i
      (D)     ii       iii        i       iv
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71.   In which of the following cases, income of previous year is assessable in the previous year
      itself ?
      (A) A person in employment.
      (B)   A person engaged in illegal business.
      (C)   A person who is running charitable business.
      (D) A person leaving India permanently.


72.   Long term capital loss can be set off from which of the following ?
      (A) Short term capital gain only
      (B)   Long term capital gain only
      (C)   Income from business and profession
      (D) Capital gain head of income


73.   In which of the following long term assets, cost indexation benefit is allowed ?
      (A) Debentures issued by a company
      (B)   Self generated goodwill of a business
      (C)   Bonus shares allotted on 1-4-2000
      (D) Jewellery


74.   Calculate the Gross Annual Value from the following details :
            Municipal Value                     –     ` 45,000
            Fair Rental Value                   –     ` 50,000
            Standard Rent                       –     ` 48,000
            Actual Rent                         –     ` 42,000
      (A) ` 50,000                              (B)   ` 48,000
      (C)   ` 45,000                            (D) ` 42,000


75.   Minimum Alternate Tax (MAT) is imposed on
      (A) All companies
      (B)   Public Limited Companies only
      (C)   Private Limited Companies only
      (D) Partnership Firms and Companies

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71.   ×®Ö´®Ö×»Ö×ÜÖŸÖ ´Öë ÃÖê ×Ûú®Ö ´ÖÖ´Ö»ÖÖë ´Öë, ¯Öæ¾ÖÔ ¾ÖÂÖÔ Ûúß †ÖµÖ ¯Öæ¾ÖÔ ¾ÖÂÖÔ ´Öë Æüß ×®Ö¬ÖÖÔ¸üÞÖ µÖÖêÝµÖ Æîü ?
      (A) ¸üÖê•ÖÝÖÖ¸ü Ûú¸ü®Öê ¾ÖÖ»ÖÖ ¾µÖ׌ŸÖ                           (B) †¾Öî¬Ö ¾µÖÖ¯ÖÖ¸ü ´Öë ¿ÖÖ×´Ö»Ö ¾µÖ׌ŸÖ
      (C)      ¬Ö´ÖÖÔ£ÖÔ ¾µÖ¾ÖÃÖÖµÖ “Ö»ÖÖ®Öê ¾ÖÖ»ÖÖ ¾µÖ׌ŸÖ           (D)          ãÖÖµÖß ºþ¯Ö ÃÖê ³ÖÖ¸üŸÖ ”ûÖê›ÌüÛú¸ü •ÖÖ ¸üÆüÖ ¾µÖ׌ŸÖ


72.   ×®Ö´®Ö×»Ö×ÜÖŸÖ ´Öë ÃÖê ×ÛúÃÖÃÖê ¤üß‘ÖÔÛúÖ×»ÖÛú ¯ÖæÑ•ÖßÝÖŸÖ ÆüÖ×®Ö Ûúß õÖ×ŸÖ¯ÖæÙŸÖ Ûúß •ÖÖ ÃÖÛúŸÖß Æîü ?
      (A)      Ûêú¾Ö»Ö †»¯ÖÛúÖ×»ÖÛú ¯ÖæÑ•ÖßÝÖŸÖ »ÖÖ³Ö                 (B)          Ûêú¾Ö»Ö ¤üß‘ÖÔÛúÖ×»ÖÛú ¯ÖæÑ•ÖßÝÖŸÖ »ÖÖ³Ö
      (C)      ¾µÖ¾ÖÃÖÖµÖ †Öî¸ü ¯Öê¿Öê ÃÖê ÆüÖê®Öê ¾ÖÖ»Öß †ÖµÖ        (D)          †ÖµÖ ÛúÖ ¯ÖæÑ•ÖßÝÖŸÖ »ÖÖ³Ö ¿ÖßÂÖÔ


73.   ×®Ö´®Ö×»Ö×ÜÖŸÖ ´Öë ÃÖê ×ÛúÃÖ ¤üß‘ÖÔÛúÖ×»ÖÛú ¯Ö׸üÃÖ´¯Ö×¢ÖµÖÖë ´Öë ÃÖê »ÖÖÝÖŸÖ ÃÖæ“ÖÛúÖÓÛú®Ö »ÖÖ³Ö Ûúß †®Öã´Ö×ŸÖ Æîü ?
      (A)      ×ÛúÃÖß ÛÓú¯Ö®Öß «üÖ¸üÖ •ÖÖ¸üß ×ÛúµÖÖ ÝÖµÖÖ ŠúÞÖ¯Ö¡Ö
      (B)      ×ÛúÃÖß ¾µÖ¾ÖÃÖÖµÖ ÛúÖ Ã¾Ö†Ù•ÖŸÖ ÃÖÖÜÖ
      (C)      01-04-2000 ŸÖÛú †Ö²ÖÓ×™üŸÖ »ÖÖ³ÖÖÓ¿Ö ¿ÖêµÖ¸ü
      (D)      †Ö³ÖæÂÖÞÖ


74.   ×®Ö´®Ö×»Ö×ÜÖŸÖ ²µÖÖî¸êü ÃÖê ÃÖÛú»Ö ¾ÖÖÙÂÖÛú ´Öæ»µÖ Ûúß ÝÖÞÖ®ÖÖ Ûú¸ëü :
      ®ÖÝÖ¸üßµÖ ´Öæ»µÖ                  – ` 45,000
      ˆ×“ÖŸÖ ×Ûú¸üÖµÖÖ ´Öæ»µÖ           – ` 50,000
      ´ÖÖ®ÖÛú ŠúÞÖ                      – ` 48,000
      ¾ÖÖßÖ×¾ÖÛú ŠúÞÖ                  – ` 42,000
      (A) ` 50,000                                                    (B)          ` 48,000
      (C)      ` 45,000                                               (D)          ` 42,000


75.   ®µÖæ®ÖŸÖ´Ö ¾ÖîÛú×»¯ÖÛú Ûú¸ü (´Öî™ü) »ÖÝÖÖµÖÖ •ÖÖŸÖÖ Æîü
      (A)      ÃÖ³Öß ÛÓú¯Ö×®ÖµÖÖë ¯Ö¸
ü     (B)      Ûêú¾Ö»Ö ÃÖß×´ÖŸÖ ¤üÖ×µÖŸ¾Ö ¾ÖÖ»Öß ÃÖÖ¾ÖÔ•Ö×®ÖÛú ÛÓú¯Ö×®ÖµÖÖë ¯Ö¸ü
      (C)      Ûêú¾Ö»Ö ÃÖß×´ÖŸÖ ¤üÖ×µÖŸ¾Ö ¾ÖÖ»Öß ×®Ö•Öß ÛÓú¯Ö×®ÖµÖÖë ¯Ö¸ü
      (D)      ÃÖÖ—Öê¤üÖ¸üß ±ú´ÖÖí †Öî¸ü ÛÓú¯Ö×®ÖµÖÖë ¯Ö¸ü
                                                              ____________

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Space For Rough Work




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Source: University Grants Commission. Question paper published by University Grants Commission.