Here I am sharing the previous year question paper of UGC - NET Management Paper III Exam

1. Which of the following is not one of
the important objectives of Financial
Management ?
(A) Profit maximisation
(B) Wealth maximisation
(C) Value maximisation
(D) Social responsibility
2. For ‘make or buy decision’, which
cost is to be considered ?
(A) Marginal cost
(B) Total cost
(C) Fixed cost
(D) None of the above
3. Which is the method applied for
measuring GNP ?
(A) Income method
(B) Expenditure method
(C) Value Added method
(D) All of the above
4. Which of the following project
appraisal method is not based on time
value of money ?
(A) Payback method
(B) Net present value method
(C) Internal rate of return method
(D) Discounted payback method
5. Micro, Small and Medium Enterprises
Development Act, 2006 is related to
(A) Industrial Policy
(B) Investment Limit
(C) Business Opportunities
(D) None of these
6. Selection is the process in which
candidates for employment are divided
into two classes – those who are to be
offered employment and those who are
not.” This is stated by
(A) Dale Yoder
(B) Milton M. Mandell
(C) R.D. Agarwal
(D) Edwin Flippo
7. Who defines advertising as “any paid
form of non-personal presentation and
promotion of ideas, goods and services
by an identified sponsor ?
(A) Philip Kotler
(B) C.K. Prahlad
(C) Chartered Institute of Marketing
(D) American Marketing Association
8. The exchange rate between the
currencies of two countries will be
equal to the ratio of the price indices in
these countries is explained by
(A) Inflation adjustment
(B) Purchase power parity
(C) Interest rate parity
(D) Transaction exposure
9. The ultimate mission or purpose is to
relate human resources to future
enterprise needs, so as to maximize the
future return on investment in human
resources. It is referred as
(A) Demand and Supply
(B) Forecasting
(C) Human Resource Planning
(D) Human Resource Development
10. Other things being equal an increase in
income leads to a decrease in demand for
(A) Superior Goods
(B) Inferior Goods
(C) Both (A) and (B)
(D) None of the above

11. “Hind Mazdoor Sabha” established in
which year ?
(A) 1940
(B) 1942
(C) 1948
(D) 1952
12. The evaluation of Business activities
and behaviour as right or wrong is
called
(A) Corporate Governance
(B) Business Ethics
(C) Social Responsibility
(D) None of the above
13. A market structure which consists of
one buyer and one seller is referred as
(A) Monopsony
(B) Bilateral monopoly
(C) Monopoly
(D) Duopoly
14. At which stage of new product
development process, the launching of
New Product will take place ?
(A) Business Analysis
(B) Commercialization
(C) Test Marketing
(D) Marketing Strategy Development
15. The cost of equity can be measured as
(A) Rate of interest (1 – t).
(B) Rate of dividend (1– t).
(C) Rate of dividend ×
(Face value – Issue Price)
n
(D)
D1
P0
+ g
16. If the regression coefficient B in
Y = A + B X is equal to zero, then the
regression line will
(A) pass through the origin
(B) be parallel to the x-axis
(C) be parallel to the y-axis
(D) Neither intersect x-axis nor y-axis
17. An entrepreneurial person employed
by a corporation and encouraged to be
innovative and creative is referred to as
(A) Competitor (B) Supplier
(C) Entrepreneur (D) Intrapreneur
18. Which of the following provides
direction, serves as standards for
evaluating performance and motivates
members of the organization ?
(A) Mission (B) Values
(C) Objectives (D) Goals
19. The four systems of Management in
terms of Leadership styles are related to
(A) Blake and Mouton
(B) Philip Kotler
(C) Peter F. Drucker
(D) Rensis Likert
20. In investment decision,  is associated
with
(A) Return
(B) Risk
(C) Return and Risk
(D) None of the above
21. In production control, scheduling
includes
(A) Deciding about the time when
the production will reach various
departments.
(B) Estimating the time to be
consumed in these departments.
(C) How much time will be taken in
transferring production from one
department to another.
(D) All of the above.
22. Making profit by taking advantage of
different prices prevailing in different
markets is referred as
(A) Hedging (B) Speculation
(C) Arbitrage (D) Gambling
23. Gegabyte refers to
(A) 1024 Bytes
(B) 1024 Kilobytes
(C) 1024 Megabytes
(D) 102400 Bytes

24. Environmental issues can be managed by
(A) Investing in environment friendly
process or products.
(B) Managing environmental
regulations.
(C) Investing in environmental
performance improvement.
(D) All of the above.
25. A formal document of what the
entrepreneur intends to do to sell
enough of the firm’s product or service
to make a satisfactory profit is called
(A) Long range plan
(B) Strategic plan
(C) Business plan
(D) None of the above
26. Among the following financial
derivatives, which involves the least
risk for the holder ?
(A) Forward (B) Option
(C) Futures (D) Swap
27. Which level of Managers translate the
corporate strategy into concrete
objectives for their individual
business ?
(A) Business level
(B) Corporate level
(C) Multi-Business level
(D) Functional level
28. The number of subordinates a superior
can effectively handle is called
(A) Organising people
(B) Span of control
(C) Direction
(D) Coordination
29. Selection of specific media in which
advertisements will be run and when
they will be run to reach the target
market is called
(A) Advertising
(B) Public Relations
(C) Media Planning
(D) Publicity
30. Statistical Quality Control requires
determination of
(A) Quality tolerance limit
(B) Quantity measurement
(C) Production lead time
(D) Inventory carrying cost
31. With reference to Working Capital
Management, the term ‘float’ relates to
(A) Inventory Management
(B) Receivables Management
(C) Cash Management
(D) Marketable Securities
32. Which communication component is
not a paid form of communication ?
(A) Advertising
(B) Sales promotion
(C) Personal selling
(D) Publicity
33. The Government of India established
the Small Industries Development
Organisation (SIDO) in the year :
(A) 1951 (B) 1972
(C) 1954 (D) 1982
34. Match the following :
List – I List – II
a. Functional
Organisation
1. F.W. Taylor
b. Transactional
Analysis
2. Mc Clelland
c. Managerial
Grid
3. Eric Berne
d. Need Theory 4. Blake and Mouton
Codes :
a b c d
(A) 1 3 4 2
(B) 1 2 3 4
(C) 4 3 2 1
(D) 2 1 4 3
35. Which of the following is not a
Trading block ?
(A) NAFTA (B) ASEAN
(C) SAARC (D) IMF

36. Takeover generally involves
(A) the acquisition of part of an
undertaking to enable the
acquirer to increase the market
share of the product concerned.
(B) the acquisition of certain block of
equity capital of a company
which enables the acquirer to
exercise control over the affairs
of the company.
(C) taking over the responsibility to
have trade agreement for finished
product.
(D) taking over certain long-term
liabilities of another group
company to help it financially.
37. Which of the following is not a
function of distribution agency ?
(A) Transportation
(B) Servicing
(C) Inventorying
(D) Manufacturing
38. Cars are parked in a very big parking
lot. A researcher is required to estimate
the proportion of cars that are red or
the proportion of cars that are from a
Japanese manufacturer. Which of the
following statement is not correct ?
(A) A convenience sample of cars
parked near the gate may give a
biased estimate of the proportion
of cars which are from a
Japanese Manufacturer.
(B) Different investigators may get
different estimates for the
proportion of cars that are red.
(C) The sample proportion of cars
that are red is an unbiased
estimate of the population
proportion if the sampling
method is simple random.
(D) A sample of 100 cars in a
convenience sample is always
better than a sample of 20 cars
from a proper random sampling
method.
39. Who is father of Administrative
Management Theory ?
(A) Max Weber
(B) Frank Gilbraith
(C) Henry Fayol
(D) Henry Gantt
40. The process of determining the tasks
that make-up a job and the skills,
abilities and responsibilities needed to
perform the job is called
(A) Job Analysis
(B) Job Description
(C) Job Enrichment
(D) All of the above
41. GATT stands for
(A) General Accord on Tariff and
Trade
(B) Generous Agreement on Trade
and Tariff
(C) General Agreement on Tariff and
Trade
(D) Generalist Agreement on Trade
and Tariff
42. People who take the risks necessary to
organize, manage and receive the
financial profits and non-monetary
rewards are called
(A) Suppliers
(B) Employees
(C) Competitors
(D) Entrepreneurs
43. A Marketing database is built as an aid to
(A) Market research
(B) Product-mix expansion
(C) Reducing cost of production
(D) Price hike
44. The model that applies to Economic
Order Quantity for Inventory
Management, was proposed to be
applied to Cash Management by
(A) Miller and Orr
(B) William J. Baumol
(C) William Sharpe
(D) David Durand

45. If a hypothesis is statistically significant,
then it is concluded that
(A) the observed result is probably
not due to chance.
(B) the observed result is probably a
chance result.
(C) the observed result cannot
possibly be due to chance.
(D) the null hypothesis of no
relationship is probably true.
46. In which stage of product life cycle,
the company takes decision whether to
maintain, harvest or drop the product ?
(A) Introduction
(B) Growth
(C) Maturity
(D) Decline
47. Recruitment is concerned with
(A) Selecting the right candidate
(B) Developing a pool of job
candidates
(C) Getting applications
(D) None of the above
48. In production management,
dispatching includes :
(A) Giving work to machines and
places.
(B) Providing materials, tools, etc. to
works.
(C) Issuing appropriate orders for
production process.
(D) All of the above.
49. Which of the following is the internal
sources of recruitment ?
(A) Advertisement
(B) Selection
(C) Both (A) and (B)
(D) None of the above
50. Which Business unit generates substantial
cash surpluses due to low industrial
growth rate and high market share ?
(A) Dog
(B) Cash Cow
(C) Question Mark
(D) Star
51. In which stage of New product
development process, the product and
marketing programs are tested in
realistic market settings ?
(A) Concept Development and
Testing
(B) Idea Screening
(C) Test Marketing
(D) Commercialization
52. The problem of industrial discipline
was debated by the Indian Labour
Conference (ILC) held in India in
(A) 1948
(B) 1952
(C) 1957
(D) 1960
53. The Branding strategy which uses a
different brand name for each product
is known as
(A) Overall Family Branding
(B) Line Family Branding
(C) Individual Branding
(D) Brand Extension
54. The two factor theory was propounded
by
(A) Frederick Herzberg
(B) A.H. Maslow
(C) Mc Gregor
(D) Elton Mayo

55. Match the following
a. Percentage change in
quantity demanded to
percentage change in
price.
1. Perfect
competition
b. Percentage change in
demand to percentage
change in the price of
some other
commodity.
2. Market
demand
c. Homogeneous
products
3. Price
elasticity
d. Relationship between
quantity of the
product demanded
and factors that
affect the quantity.
4. Cross
elasticity
Codes :
a b c d
(A) 3 4 1 2
(B) 4 3 1 2
(C) 3 2 1 4
(D) 4 2 1 3
56. F.W. Taylor has done the following
studies for improving the production
process :
(A) Time Study, Fatigue Study and
Fatal Study.
(B) Time Study, Motion Study and
Fatal Study.
(C) Time Study, Motion Study and
Fatigue Study.
(D) Time Study, Motivation Study
and Fatigue Study.
57. Which one is not the overseas market
entry strategy followed by
Multinational Corporations ?
(A) Franchise
(B) Collaborations
(C) Joint venture
(D) Strategic planning
58. Benefits provided for temporary and
permanent disability disfigurement,
medical expenses and medical
rehabilitation is referred to as
(A) Fringe benefits
(B) Financial incentives
(C) Workers’ compensation
(D) None of the above
59. Today’s organizations are working on
the principle of
(A) Production-orientation
(B) Product-orientation
(C) Selling-orientation
(D) consumer-orientation
60. Identify the correct sequence of control
cycle :
(A) Feedback  Evaluation 
Adjustment  Action.
(B) Action  Evaluation 
Feedback  Adjustment.
(C) Action  Feedback 
Evaluation  Adjustment.
(D) Adjustment  Action 
Feedback  Evaluation. 61. Negotiation of labour contract by
Union and Management is referred to
as
(A) Industrial Relations
(B) Trade Union
(C) Consumerism
(D) Collective Bargaining
62. Goods used by an organization in
producing other goods is called
(A) Consumer goods
(B) Industrial goods
(C) Speciality goods
(D) None of the above
63. The outside third party who is brought
into settle a dispute, and he or she has
the authority to make a decision is
called
(A) Government
(B) An Arbitrator
(C) Union
(D) Legal Expert

64. Marketing information system gathers
information from internal sources like
marketing intelligence and marketing
research to help the manager in
(A) Assessing the information needs.
(B) Developing the needed
information.
(C) Distributing the information.
(D) All of the above.
65. In which year WTO came into being ?
(A) 1980
(B) 2000
(C) 2006
(D) 1995
66. One-level channel consists of
(A) Producer-consumer
(B) Producer-dealer-consumer
(C) Producer-dealer-retailerconsumer
(D) Producer-dealer-wholesalerretailer-
consumer
67. Batch production is appropriately
applicable to
(A) Medicine production
(B) Sugar production
(C) Petroleum products
(D) Agriculture produce
68. Match the following :
a. Harry Markowitz 1. Dividend
Theory
b. David Durand 2. CAPM
c. Dow 3. Capital
structure
d. M.J. Gordon 4. Technical
Analysis
Code :
a b c d
(A) 4 3 2 1
(B) 2 3 4 1
(C) 2 1 3 4
(D) 3 2 4 1
69. Which one of the following is not a
basic element in the Strategic
Management ?
(A) Environmental scanning
(B) Strategy formulation
(C) Strategy implementation
(D) Functional strategy
70. A written statement of the human
qualification, education and experience
needed to perform a job is referred to
as
(A) Job enrichment
(B) Job specification
(C) Job design
(D) Job description
71. Changes in the population
characteristics such as age, gender,
marital status, income and education
are the examples of
(A) Demographic characteristics
(B) Cultural characteristics
(C) Geographic characteristics
(D) None of the above
72. ESI Act applies to
(A) Railways and Mines Industries
(B) Seasonal Factory Workers
(C) Cement Industries
(D) None of the above
73. Porter and Lawler model is related to
(A) Perception (B) Attitudes
(C) Motivation (D) Leadership
74. Which of the following is the best
technique to manage the existing
products ?
(A) Ansoff matrix
(B) BCG matrix
(C) Mc Kinsey 7s Framework
(D) Five forces of competition
75. One of the acceptable methods for
obtaining feedback of training is called
(A) Structured Interview
(B) Performance After Training
(C) Improvement After Training
(D) Employee Turnover Rate


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UGC - NET Management Paper III Exam Question Paper.pdf (148.1 KB, 84 views)