tag:blogger.com,1999:blog-71326135948949286812024-03-13T04:53:48.369-07:00appsc junior lecturers commerce key paper 2011This is the key paper of appsc junior lecturers commerce held on 3-12-2011 evening.
appscjuniorlecturerscommercekeypaper2011
appsc junior lecturers commerce key paper2011
appsc jl commerce key paper 2011RajithaEhttp://www.blogger.com/profile/09823295268542319697noreply@blogger.comBlogger3125tag:blogger.com,1999:blog-7132613594894928681.post-2425923270502672092011-12-27T04:17:00.001-08:002011-12-27T04:17:40.784-08:00<div dir="ltr" style="text-align: left;" trbidi="on"><!--[if gte mso 9]><xml> <w:WordDocument> <w:View>Normal</w:View> <w:Zoom>0</w:Zoom> <w:PunctuationKerning/> <w:ValidateAgainstSchemas/> <w:SaveIfXMLInvalid>false</w:SaveIfXMLInvalid> <w:IgnoreMixedContent>false</w:IgnoreMixedContent> <w:AlwaysShowPlaceholderText>false</w:AlwaysShowPlaceholderText> <w:Compatibility> <w:BreakWrappedTables/> <w:SnapToGridInCell/> <w:WrapTextWithPunct/> <w:UseAsianBreakRules/> <w:DontGrowAutofit/> </w:Compatibility> <w:BrowserLevel>MicrosoftInternetExplorer4</w:BrowserLevel> </w:WordDocument> </xml><![endif]--><!--[if gte mso 9]><xml> <w:LatentStyles DefLockedState="false" LatentStyleCount="156"> </w:LatentStyles> </xml><![endif]--><!--[if !mso]><img src="http://img2.blogblog.com/img/video_object.png" style="background-color: #b2b2b2; " class="BLOGGER-object-element tr_noresize tr_placeholder" id="ieooui" data-original-id="ieooui" /> <style>
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</style> <![endif]--> <div class="MsoNormal">108.The most important variable while calculating the cost of debt is</div><div class="MsoNormal"><br />
</div><div class="MsoNormal">Ans: Tax rate</div><div class="MsoNormal"><br />
</div><div class="MsoNormal">109. Which one of the following will take place when a fair return is not realized as </div><div class="MsoNormal">capitalization?</div><div class="MsoNormal"><br />
</div><div class="MsoNormal">Ans: Over capitalization</div><div class="MsoNormal"><br />
</div><div class="MsoNormal">110. The ratio that indicates a firm's commitment to meet short-term liabilities is </div><div class="MsoNormal">called</div><div class="MsoNormal"><br />
</div><div class="MsoNormal">Ans: Current ratio</div><div class="MsoNormal"><br />
</div><div class="MsoNormal">111. Sales value variance is the difference between</div><div class="MsoNormal"><br />
</div><div class="MsoNormal">Ans: Budgeted sales and Actual sales</div><div class="MsoNormal"><br />
</div><div class="MsoNormal">112. When margin of safety is 20 percent and P/V ratio is 60 percent, the profit will be</div><div class="MsoNormal"><br />
</div><div class="MsoNormal">Ans: 12 percent</div><div class="MsoNormal"><br />
</div><div class="MsoNormal">113. The difference between fixed and variable cost has a special significance in the </div><div class="MsoNormal">preparation of</div><div class="MsoNormal"><br />
</div><div class="MsoNormal">Ans: Flexible budget</div><div class="MsoNormal"><br />
</div><div class="MsoNormal">114. The time normally taken in replenishing inventory after the order has been placed is </div><div class="MsoNormal"><br />
</div><div class="MsoNormal">Ans: Lead time</div><div class="MsoNormal"><br />
</div><div class="MsoNormal">115. Market risk is measured by</div><div class="MsoNormal"><br />
</div><div class="MsoNormal">Ans: Beta co-efficient</div><div class="MsoNormal"><br />
</div><div class="MsoNormal">116. The concept of representative firm was introduced by</div><div class="MsoNormal"><br />
</div><div class="MsoNormal">Ans: Alfred Marshall</div><div class="MsoNormal"><br />
</div><div class="MsoNormal">117. The deductive theory of industrial location was propounded by</div><div class="MsoNormal"><br />
</div><div class="MsoNormal">Ans: Alfred Weber</div><div class="MsoNormal"><br />
</div><div class="MsoNormal">118. sargent Florence has popularised one of the following factors:</div><div class="MsoNormal"><br />
</div><div class="MsoNormal">Ans: Coefficient of localisation</div><div class="MsoNormal"><br />
</div><div class="MsoNormal">119. Which one of the factors is not a significantly influencing factor for industrial </div><div class="MsoNormal">location?</div><div class="MsoNormal"><br />
</div><div class="MsoNormal">Ans: Financial facilities</div><div class="MsoNormal"><br />
</div><div class="MsoNormal">120. The two working groups set up to study the problem of industrial backwardness are</div><div class="MsoNormal"><br />
</div><div class="MsoNormal">Ans: B.D. Pandey and N.N. wanchoo Committee</div><div class="MsoNormal"><br />
</div><div class="MsoNormal">121. Two factor theory of motivation was developed by</div><div class="MsoNormal"><br />
</div><div class="MsoNormal">Ans: Frederick Herzberg</div><div class="MsoNormal"><br />
</div><div class="MsoNormal">122. Inner circles and outcircle concepts were used which defining a Large Industiral </div><div class="MsoNormal">House by a committee known as</div><div class="MsoNormal"><br />
</div><div class="MsoNormal">Ans: R.K. Hazari Committee</div><div class="MsoNormal"><br />
</div><div class="MsoNormal">123. One of the following is not a multiplant unit. Pick it up.</div><div class="MsoNormal"><br />
</div><div class="MsoNormal">Ans: Andhra Pradesh Dairy Development Corporation Ltd.</div><div class="MsoNormal"><br />
</div><div class="MsoNormal">124. The grid approach to organisation development was developed by </div><div class="MsoNormal"><br />
</div><div class="MsoNormal">Ans: Blake and Mouton</div><div class="MsoNormal"><br />
</div><div class="MsoNormal">125. Location of a plant is influenced by one of the following. Pick it up.</div><div class="MsoNormal"><br />
</div><div class="MsoNormal">Ans: Infrastructural facilities</div><div class="MsoNormal"><br />
</div><div class="MsoNormal">126. An informal alliance among individuals or groups that is designed to achieve some </div><div class="MsoNormal">common objective is called</div><div class="MsoNormal"><br />
</div><div class="MsoNormal">Ans: Coalition</div><div class="MsoNormal"><br />
</div><div class="MsoNormal">127. The goals that are established by top management and reflect their intentions of </div><div class="MsoNormal">what the organisation is to accomplish are called</div><div class="MsoNormal"><br />
</div><div class="MsoNormal">Ans: Strategic goals</div><div class="MsoNormal"><br />
</div><div class="MsoNormal">128. A plan that is used to operationalise another plan is known as</div><div class="MsoNormal"><br />
</div><div class="MsoNormal">Ans: Action plan</div><div class="MsoNormal"><br />
</div><div class="MsoNormal">129. One of the following is not a public sector multiplant unit. Pick it up.</div><div class="MsoNormal"><br />
</div><div class="MsoNormal">ans: Singareni Collieries Ltd.</div><div class="MsoNormal"><br />
</div><div class="MsoNormal">130. Job enrichment was developed by</div><div class="MsoNormal"><br />
</div><div class="MsoNormal">Ans: Frederick Herzberg</div><div class="MsoNormal"><br />
</div><div class="MsoNormal">131. ______ aproach deals with both the work system and the workers' individual </div><div class="MsoNormal">preferences</div><div class="MsoNormal"><br />
</div><div class="MsoNormal">Ans: Job characteristics</div><div class="MsoNormal"><br />
</div><div class="MsoNormal">132. A 'congregation' or body of persons assembled at a particular time and place for </div><div class="MsoNormal">economic purpose is known as a/an</div><div class="MsoNormal"><br />
</div><div class="MsoNormal">Ans: Firm</div><div class="MsoNormal"><br />
</div><div class="MsoNormal">133. One of the following is not associated with span of management. Who is he?</div><div class="MsoNormal"><br />
</div><div class="MsoNormal">Ans: Merton Miller</div><div class="MsoNormal"><br />
</div><div class="MsoNormal">134. A conglomerate is an organisation composed of a number of</div><div class="MsoNormal"><br />
</div><div class="MsoNormal">Ans: Unrelated businesses</div><div class="MsoNormal"><br />
</div><div class="MsoNormal">135. Hospitals and universities are examples of </div><div class="MsoNormal"><br />
</div><div class="MsoNormal">Ans: Professional bureaucracies</div><div class="MsoNormal"><br />
</div><div class="MsoNormal">136. The human relations approach to theory of motivation was developed by</div><div class="MsoNormal"><br />
</div><div class="MsoNormal">Ans: Maslow</div><div class="MsoNormal"><br />
</div><div class="MsoNormal">137. One of the following is known as the Economic Constitution of India. Pick it up.</div><div class="MsoNormal"><br />
</div><div class="MsoNormal">Ans: Industrial Policy Resolution, 1956</div><div class="MsoNormal"><br />
</div><div class="MsoNormal">138. Integrating a National Economy into a World Economy is known as</div><div class="MsoNormal"><br />
</div><div class="MsoNormal">Ans: Globalization</div><div class="MsoNormal"><br />
</div><div class="MsoNormal">139. When a group member attains benefit from the group without doing an appropriate </div><div class="MsoNormal">share of the work it is called</div><div class="MsoNormal"><br />
</div><div class="MsoNormal">Ans: Free riding</div><div class="MsoNormal"><br />
</div><div class="MsoNormal">140. Which one is not the principal upward communication channel?</div><div class="MsoNormal"><br />
</div><div class="MsoNormal">Ans: Ombudsman</div><div class="MsoNormal"><br />
</div><div class="MsoNormal">141. Personal role conflict occurs when</div><div class="MsoNormal"><br />
</div><div class="MsoNormal">Ans: The requirements of the job are in conflict with the workers' values, attitudes, and </div><div class="MsoNormal">needs</div><div class="MsoNormal"><br />
</div><div class="MsoNormal">142. A leadership behaviour centered on the concern for subordinate feelings and respect </div><div class="MsoNormal">for their ideas is known as</div><div class="MsoNormal"><br />
</div><div class="MsoNormal">Ans: employee-centered leader behaviour</div><div class="MsoNormal"><br />
</div><div class="MsoNormal">143. What is the relation between effectiveness and effiy as far as planning is </div><div class="MsoNormal">concerned?</div><div class="MsoNormal"><br />
</div><div class="MsoNormal">Ans: Effectiveness follows efficiency</div><div class="MsoNormal"><br />
</div><div class="MsoNormal">144. Chronological sequences of required actions are</div><div class="MsoNormal"><br />
</div><div class="MsoNormal">Ans: Procedures</div><div class="MsoNormal"><br />
</div><div class="MsoNormal">145. One of the following is not a commonly stated problem of the small scale sector:</div><div class="MsoNormal"><br />
</div><div class="MsoNormal">ans: Income Tax</div></div>RajithaEhttp://www.blogger.com/profile/09823295268542319697noreply@blogger.com0tag:blogger.com,1999:blog-7132613594894928681.post-87707031256601863512011-12-05T23:57:00.001-08:002011-12-05T23:57:09.833-08:00<div dir="ltr" style="text-align: left;" trbidi="on">16. One of the factors below does not determine the size of the unit:<br />
<br />
Ans: Level of satisfaction among workers<br />
<br />
17. One of the following is not a force which determines the optimum size of the unit :<br />
<br />
Ans: Profitability forces<br />
<br />
18. The inner state activating and channelling behaviour towards goals is called<br />
<br />
Ans: Motive<br />
<br />
19. Expectancy theory of motivation was brought out by<br />
<br />
Ans: Vroom<br />
<br />
20. McClellans's Needs theory explains needs for _____________, affiliation and power.<br />
<br />
Ans: Achievement<br />
<br />
21. Herzberg's theory consists of __________ and motivational factors.<br />
<br />
Ans: Hygiene<br />
<br />
22. Theories of leadership include, Trait, Behavioural and<br />
<br />
Ans : Situational<br />
<br />
23. Likert's four systems of leadership re Exploitative and benevolent Authoritative, Consultative, and<br />
<br />
Ans Democratic<br />
<br />
24. Situational leadership theory focuses on<br />
<br />
Ans: Followers<br />
<br />
25. "Ubiquities" and 'Antiquities' are the terms used in the location theory propounded by<br />
<br />
Ans: Alfred Weber<br />
<br />
26. The concept of "Growth Centres" has been recommended by the<br />
<br />
Ans: Sivaraman Committee<br />
<br />
27. In group meetings, there will be two phases of inertia, then ______ periods followed by a flurry of activities.<br />
<br />
Ans: Transition<br />
<br />
28. Coordination an execution of task will be better in<br />
<br />
Ans: Small group<br />
<br />
29. Most common group decision making technique used is<br />
<br />
Ans: Brainstorming<br />
<br />
30. The formula for measuring net labour turnover is<br />
<br />
Ans: NLT = Total replacements / Average workforce * 100<br />
<br />
31. Industrial Disputes Act envisages compulsory adjudication of industrial disputes when<br />
<br />
Ans: Government decides by way of reference<br />
<br />
32. Among the several methods of settlement of disputes, the best one is<br />
<br />
Ans: Collective bargaining<br />
<br />
33. The workers participation rate indicates the percentage of<br />
<br />
Ans: Total main workers plus marginal workers in the total population<br />
<br />
34. India adopted the code of 'discipline' in the year<br />
<br />
Ans: 1958<br />
<br />
35. The Systems approach to industrial relations was given by<br />
<br />
Ans: Dunlop<br />
<br />
36. Outsourcing of business operations by MNCs has led to<br />
<br />
Ans: Loss in the bargaining strength of labour<br />
<br />
37. NEGP refers to<br />
<br />
Ans: National Employment Guarantee Programme<br />
<br />
38.Who publishes the 'Rural Labour Enquiry Reports' ?<br />
<br />
Ans: Labour Bureau, Ministry of Labour<br />
<br />
39. One of the statements given below is true. Pick it up.<br />
<br />
Ans: Workers participation in management is possible in unorganized labour<br />
<br />
40. EAS refers to<br />
<br />
Ans: Employment Assurance Scheme<br />
<br />
41. Government of India implemented two schemes to remove the unemployment of youth. They are<br />
<br />
Ans : TRYSEM and PMRY<br />
<br />
42. One of the following does not come under unorganized labour:<br />
<br />
Ans: Handicraft workers<br />
<br />
43. Industrial relations is used to describe the nature of relationship between<br />
<br />
Ans: Government and industry { Actual answer is Employers, Employees, Government }<br />
<br />
44. Labour - Management relations is the Constitutional guarantee in one of the following countries. Which one is it ?<br />
<br />
Ans: Japan<br />
<br />
45. Collective bargaining is<br />
<br />
Ans: A peace treaty between two parties in continual conflicts<br />
<br />
46. The bargaining between all the trade unions of workers in the same inustry through their federal organisations and the employers federation is<br />
<br />
Ans : Multiple employer bargaining<br />
<br />
47. Demand for labour is dependent on one of the following :<br />
<br />
Ans: Demand for products made by labour<br />
<br />
48. The three-man tripartite committee set up in 1954 is<br />
<br />
Ans: Steering Committee on Wages<br />
<br />
49. NCL refers to<br />
<br />
Ans: National Commission on Labour { Refer Question number 81}<br />
<br />
50. ILC refers to<br />
<br />
Ans: Indian Labour Conference<br />
<br />
51. The main objective of labour legislation is to<br />
<br />
Ans : All of these<br />
<br />
52. Social security legislation acts include<br />
<br />
Ans: Employees State Insurance Act, Employees Provident Fund Act, Payment of Gratuity Act<br />
<br />
53. One of the statements given below is incorrect. Pick it up.<br />
<br />
Ans: ESI Act is not applicable to private sector employees<br />
<br />
54. The other name for unfair labour practice is<br />
<br />
Ans: Unfair Labour Victimisation<br />
<br />
55. Which of the following is not a measure of efficiency ?<br />
<br />
Ans: Capital Employed<br />
<br />
56. A group of firms, carrying on similar types of activity is called<br />
<br />
Ans: Industry<br />
<br />
57. Which of the following is an example for industry's goods ?<br />
<br />
Ans: Rice<br />
<br />
58. SAIL was established in 1973 as a<br />
<br />
Ans: Multi Unit Enterprise<br />
<br />
59. A firm, in which existing condition of technique and organising ability, has the lowest average cost of production per unit is called<br />
<br />
Ans: Optimum sized firm<br />
<br />
60. A small change in sales results in disproportionate change in EBIT, other things being equal, is called<br />
<br />
Ans: Operating leverage<br />
<br />
61. Clientele effect is relatively more associated with<br />
<br />
Ans: Dividend decision<br />
<br />
62. Which one of the following is not a motie for holding cash ?<br />
<br />
Ans : Profit motive<br />
<br />
63. _______ model is an approach that provides for cost-efficient cash balances.<br />
<br />
Ans: Baumol model<br />
<br />
64. 'Factoring' as a financial service is associated with<br />
<br />
Ans: Account Receivable<br />
<br />
65. In a JIT environment, the flow of goods is controlled by<br />
<br />
Ans: Pull approach<br />
<br />
66. A firm in which lower level of current assets is supporting a given level of output is pursuing<br />
<br />
Ans: Aggressive working capital policy<br />
<br />
67. A policy that involves matching of assets and liability maturity is called<br />
<br />
Ans: Hedging policy<br />
<br />
68. The ratio that measures the ability of the firm to make committed payments is called<br />
<br />
Ans: Debt service coverage ratio<br />
<br />
69. Break-even point and margin of safety can be determined by using<br />
<br />
Ans: P/V ratio<br />
<br />
70. HMT Ltd. is an example of a/an<br />
<br />
Ans: Industry<br />
<br />
71. One of the following is not a measure of size. Identify.<br />
<br />
Ans: Profit<br />
<br />
72. Which of the following has government ownership, control and participation in business decisions as an essential feature?<br />
<br />
Ans: Public sector organization<br />
<br />
73.The concept of joint sector was introduced by Govt. of India on the recommendations of<br />
<br />
Ans : Dutt Committee<br />
<br />
74. Indian Railways is an example for<br />
<br />
Ans: Departmental Undertaking<br />
<br />
75. A company in which not less than 51 percent of paid-up share capital is held by the Central Government or State Government or partly by the Central Government and partly by one or more State Governments is a<br />
<br />
Ans: Government Company<br />
<br />
76. The process of withdrawing one's stake either in full or part by the government is called<br />
<br />
Ans: Disinvestment<br />
<br />
77. Changes in technology illustrate<br />
<br />
Ans: Cyclical changes or Seasonal changes<br />
<br />
78. Internal dis-economies of scale happen<br />
<br />
Ans: When an increase in the scale of production leads to a higher cost per unit<br />
<br />
79. The disguised unemployment refers to<br />
<br />
Ans: more persons employed for a job which a few can accomplish<br />
<br />
80. The credit for forming the first industrial union in 1918 goes to<br />
<br />
Ans: B.P. Wadia<br />
<br />
81. Prime benefit accruing to the employes are usually<br />
<br />
Ans: Fringe benefits<br />
<br />
82. The report of the first National Commission on Labour was submitted in<br />
<br />
Ans: 1969<br />
<br />
83. During the recent Period nearly 50 percent of GDP is being contributed by<br />
<br />
Ans: Services factor<br />
<br />
84.The pace of employment growth in the manufacturing sector during the post-reform period has<br />
<br />
Ans: increased from 2.06% to 3.0%<br />
<br />
85. There is a consistent decline in the mode of employment in<br />
<br />
Ans: Regular employment<br />
<br />
86. The ratio that indicates what proportion of Earning Per Share has been used for paying dividend is called<br />
<br />
Ans: Payout ratio<br />
<br />
87. Return of Investment (ROI) is a<br />
<br />
Ans: Performance criterion<br />
<br />
88. The Liquidity Ratio is satisfactory when it is<br />
<br />
Ans: 1 : 1<br />
<br />
89. 'Core Working Capital' is more or less of a<br />
<br />
Ans: Fixed nature<br />
<br />
90. Yield on share is equal to<br />
<br />
Ans: DPS/Market price of share * 100<br />
<br />
91. The earning power of the company depends upon<br />
<br />
Ans: Net profit to capital turnover ratio<br />
<br />
92. Cash flow in capital budgeting decision means<br />
<br />
Ans: PAT + Depreciation<br />
<br />
93. One of the following is not a source of funds. Which is that?<br />
<br />
Ans. Decrease in deferred payment liabilities<br />
<br />
94. In capital budgeting decisions, the time value of money is considered in case of<br />
<br />
Ans: NPV<br />
<br />
95. Cost of capital serves as __________ rate for capital investment.<br />
<br />
Ans: Cut-off<br />
<br />
96. According to traditional approach the cost of capital is affected by<br />
<br />
Ans: Debt equity mix<br />
<br />
97. Substitution of home-made leverage into corporate leverage is highlighted in capital structure theory of<br />
<br />
Ans: Modigliani and Miller<br />
<br />
98. Trading on equity implies a ______ debt equity ratio.<br />
<br />
Ans: High<br />
<br />
99. The Capital Asset Pricing Model (CAPM) was developed by<br />
<br />
Ans: William Sharpe<br />
<br />
100. Depreciation is included in costs in case of<br />
<br />
Ans: Average rate of return<br />
<br />
101. Operating profit meas<br />
<br />
Ans: Profit before interest and tax<br />
<br />
102. Bird-in-hand theory of dividend ws advocated by<br />
<br />
Ans: Gorden and Lintner<br />
<br />
103. The financial transaction wherein an investor purchases a security only for the dividend and sells it after receiving the same is called<br />
<br />
Ans: Dividend stripping<br />
<br />
104. Projects which compete with each other in capital investment decisions are called<br />
<br />
Ans: Mutually exclusive projects<br />
<br />
105. Which one of the following is not a capital budgeting decision ?<br />
<br />
Ans: Investment in current assets<br />
<br />
106. The cost of depreciation generation funds is equal to<br />
<br />
Ans: Cost of retained earnings<br />
<br />
107. The interest rate that equates the present value of the expected future cash flows to the initial cost outlay is<br />
<br />
Ans: IRR<br />
</div>RajithaEhttp://www.blogger.com/profile/09823295268542319697noreply@blogger.com0tag:blogger.com,1999:blog-7132613594894928681.post-91192769820568780792011-12-05T20:38:00.003-08:002011-12-05T20:38:48.467-08:00<div dir="ltr" style="text-align: left;" trbidi="on">1.World Trade Organisation came into existence on<br />
<br />
Ans : 1-1-1995<br />
<br />
2. The form of departmentation often used in the sales function is<br />
<br />
Ans: By Territory<br />
<br />
3. which of the following statements reflects the relation between line and staff ?<br />
<br />
Ans : Line is operational, staff is advisory<br />
<br />
4. The tendency to disperse decision making authority in an organised structure is called<br />
<br />
Ans: Decentralisation<br />
<br />
5. A firm producing that output at which the marginal cost curve intersects with the marginal revenue curve from down, is known as<br />
<br />
Ans: Equilibrium firm<br />
<br />
6.What is the main purpose of Internal ommunication ?<br />
<br />
Ans: Information<br />
<br />
7. IDPL unit prepares key formulations of drugs. Hundreds of drug firms are established which take key formulations from IDPL. The IDPL comes under<br />
<br />
Ans: Genetic Industry<br />
<br />
8. Integration and synchronisation of group efforts in the organisation to achieve organisational goals is called<br />
<br />
Ans: Co-ordination <br />
<br />
9. which one is the main purpose of Management Information System?<br />
<br />
Ans: Assess and distribute information<br />
<br />
10. Organisational technique of control cane be differentiated into<br />
<br />
Ans: Feedback and feed forward<br />
<br />
11. How are committees useful as a technique of co-ordination ?<br />
<br />
Ans: All of these<br />
<br />
12. One of the following was not an objective of Industrial Policy 1991<br />
<br />
Ans: To attain self reliance through import substitution<br />
<br />
13. Vertical integration is resorted in case<br />
<br />
Ans: Financial optima is smaller than managerial optima<br />
<br />
<br />
14. The job of controlling is carried out by<br />
<br />
Ans: All managerial staff<br />
<br />
15. Curiosity, manipulation, power, security and status are examples of<br />
<br />
Ans: Secondary motives</div>RajithaEhttp://www.blogger.com/profile/09823295268542319697noreply@blogger.com0