Hello I am goimg to appear in University Grants Commission National Eligibility Test (UGC NET) . With my preparation I want to solve some papers so it will boost up my confidence . Would you provide me UGC NET Old Question Paper With Answer Key so I will solve them and match my answers with its Answer Key ?

As you are looking for old year question papers of UGC NET Exam (Commerce), so here I am providing question paper for Commerce Subject:

UGC NET Exam (Commerce) Question Paper
1. Who is the fiscal agent and advisor to Government in monetary and financial matters ?
(A) NABARD
(B) SBI
(C) RBI
(D) None of the above

2. Match the items of List – I with the items of List – II
List – I List – II
(a) National Manufacturing (i) Industrial Licensing
Competitiveness Policy
Council (NMCC)
(b) National Investment (ii) Eleventh Five Year Plan
Fund (NIP)
(c) The Industries (iii) The Competition Act, 2002
(Development and Regulation)
Act (IDRA),1951
(d) Increase in Employment (iv) Public Sector Undertakings
Codes :
(a) (b) (c) (d)
(A) (iv) (i) (ii) (iii)
(B) (iii) (iv) (i) (ii)
(C) (i) (ii) (iii) (iv)
(D) (iv) (iii) (ii) (i)

3. Kyoto Protocol pertains to
(A) Capital formulation
(B) Globalisation
(C) Environmental protection
(D) Unemployment reduction

4. Uruguay Round pertains to
(A) WTO
(B) IMF
(C) GATT
(D) World Bank

5. Which of the following are outside the scope of the Consumer Protection Act, 1986 ?
(A) Newspaper industry
(B) Services provided under contract of personal service
(C) Banking industry
(D) Both (A) and (B)

6. Which of the following is ‘true’ regarding the Prudence Principle of Accounting ?
(A) Taking care of the future losses
(B) Taking care of the future profits
(C) Taking care of bad debts
(D) Taking care of inventory and depreciation

7. Which of the following is a nonoperating expense ?
(A) Salary of Managing Director
(B) Depreciation
(C) Advertisement expenditure
(D) Interest on loan

8. A and B are partners sharing profits in the ratio of 3 : 2. Their books showed goodwill at ` 3,000. C is admitted with 14 th share of profits and brings ` 10,000 as his capital. But he is not able to bring in cash for his share of goodwill ` 3,000. How will you treat this ?
(A) Goodwill is raised by ` 12,000
(B) C will remain as debtor for ` 3,000
(C) C’s A/c. is debited for ` 3,000
(D) Goodwill is raised by ` 9,000

9. If there is mutual indebtedness between the transferor company and the transferee company in business combination, which of the following is correct ?
(A) No adjustment is required in the books of the transferor company.
(B) Adjustment is required in the books of the transferor company.
(C) No adjustment is required in the books of the transferee company.
(D) None of the above

10. Improvement of profit-volume ratio can be done by
(A) Increasing selling price
(B) Altering sales mixture
(C) Reducing variable cost
(D) All of the above

UGC NET Exam (Commerce) Answer Key
Q. No. SC-08
01 C
02 B
03 C
04 C
05 B
06 A
07 D
08 D
09 A
10 D

UGC NET Exam (Commerce) Answer Key

Attached Files

UGC NET Exam (Commerce) Question Paper.pdf (452.1 KB, 73 views)