NTA UGC NET/JRF Exam, Dec. 2019 Commerce (Evening-Shift)

Total Questions: 100

61. Which three of the following types of cyber attacks may occur in the process of mobile banking ?

(A) Backdoor attack
(B) Front door attack
(C) Denial of service attack
(D) Direct access attack
Choose the correct option from those given below : 

Correct Answer: (d) (A), (C) and (D)
Solution:

The following are type of cyber - attack that may occur in the process of mobile banking -
(1) Back door attack - A back door attack is a malware type that negates normal authentication procedures to access a system.

As a result, remote access is granted to resource within an application, such as database and file servers, giving perpetrators the ability to remotely issue system commands and update malware.

(2) Denial of service attack - 
A DoS (Denial of Service) attack is an attack meant to shut down a machine or network, making it inaccessible to its intended users.

DoS attack accomplish this by flooding the target with traffic or sending it information that triggers a crash.

(3) A Direct Access attack is an attack where a hacker is able to gain access to computer and be able to directly download data from it.

62. Which of the following are part of Corporate Social Responsibility (CSR) to consumers?

(A) Reasonable chances and proper system for accomplishment and promotion
(B) To supply goods at reasonable prices even when there is seller's market
(C) Improving the efficiency of the business operation
Choose the correct option from those given below: 

Correct Answer: (b) (B) & (D)
Solution:

Corporate Social Responsibility (CSR) :-
CSR is a type of business self - regulation with the aim of being socially accountable. The responsibility towards consumers that corporate social responsibility includes is as follows :
• To provide goods of standard quality.
•To change fair prices i.e., to supply goods at reasonable prices even when there is a sellers market.
• To provide prompt and courteous after-sale service.
• To handle consumer complaints and grievances quickly.
• To avoid unfair trade practices like adulteration, black marketing and hoarding.

63. Match the following Banking Sector reform committees with their respective purposes:

Correct Answer: (b) (A)-(ii), (B)-(i), (C)-(iv), (D)-(iii)
Solution:

64. Which of the following is the non-random method of selecting samples from а given population?

Correct Answer: (c) Quota Sampling
Solution:

Type of Non-Probability Sampling :-

Accidental Sampling : is also based upon convenience in accessing the sampling population.

Judgment/Purposive sampling : The primary consideration in purposive sampling is the researcher's judgment as to who can provide the best information to achieve the objects of your study.

Snowball Sampling : it is also called network or chain referral sampling.

Quota Sampling : The researcher is guided by some visible characteristics, such as gender or race of the study population that is of interest to him.

Dimensional Sampling : it is an extension of quota sampling where the researchers takes into account several characteristics such as gender, residence, education etc.

65. Which one of the following is the correct sequence of various stages of operating cycle of a manufacturing company?

Correct Answer: (a) Raw material conversion period, work-inprogress conversion period, Finished goods conversion period, Receivables conversion period
Solution:

Correct sequence of various stages of operating cycle a manufacturing company :-
Raw material conversion period

Work-In-Progress conversion

Finished goods conversion period

Receivables conversion period

66. Match the 'Category of Compensation' with 'Compensation Plan'

Correct Answer: (b) (A)-(iv), (B)-(v), (C)-(iii), (D)-(ii), (e)-(i)
Solution:

The following are the for correct match :-

67. Which of the following terms means the tendency of a supervisor to take a subordinate lower than his performance ?

Correct Answer: (a) Horns Effect
Solution:

Horns Effect :-
• The horn effect occurs when "individuals believe that negative traits are connected to each other"
• It is a phenomenon in which an observer's judgment of a person is adversely affected by the presence of (for the observer) an unfavorable aspect of this person.
• In this effect, there is a tendency of a supervisor to rate of subordinate lower than his performance.

68. Under which of the following categories, a partner of partnership firm will be assessed?

Correct Answer: (c) Firm
Solution:

According to Section '4' of the Indian partnership act, 1932. Partnership means "The relationship between the persons who have agreed to share profit of business carried on by all or any of them acting for all.

All persons who have entered into a partnership with one another are called individually 'Partners' and collectively a 'firm' and the name under which business is carried on is called the 'Firm Name'.

69. Which of the following is NOT a method for calculating or ascertaining the amount of purchase consideration?

Correct Answer: (c) Gross Receipts Method
Solution:

Purchase consideration :- In the case of amalgamation, purchase consideration is the agreed amount that the transferee company (Purchasing company) pays to the transferor company (Vender company) in exchange of the ownership of the transferor company. It may be in form of cash shares or any other assets as agreed between both companies.
Method of purchase consideration :-
(i) Net asset method
(ii) Net payment method
(iii) Lump - sum method
(iv) Intrinsic value/share exchange method

70. What is the typical sequence in which the following selection devices are used by the company?

(A) Reference checks
(B) Physical examination
(C) Application Blank
(D) Hire
(E) Conditional Offers
(F) More interviews
(G) Screening interviews
(H) Tests
Choose the correct answer from the options given below

Correct Answer: (a) (C)→(G)→(H)→(F)→(A)→(E)→(B)→(D)
Solution: