NTA UGC NET/JRF Exam, Dec. 2021/June 2022 (Commerce) Shift-I

Total Questions: 100

51. Which of the following factors restrain Globalization?

(A) International economic integration
(B) Nationalism
(C) Emerging trade barriers
(D) Regulatory controls
(E) Move towards free marketing system
Choose the correct answer from the options given below:

Correct Answer: (c) B, C and D only
Solution:

Following are the factor restrain Globalization:-

  1. Regulatory controls
  2. Emerging trade barriers
  3. Cultural factors
  4. Nationalism
  5. War and Civil disturbances
  6. Management Myopia

52. The contribution margin can be increased by which of the following?

(A) Increasing the selling price per unit
(B) Changing the sales mixture and selling more profitable products for which the P/V ratio is higher
(C) Keeping the marginal cost unchanged
(D) Increasing the amount of fixed assets
(E) Decreasing the selling price per unit
Choose the correct answer from the options given below :

Correct Answer: (c) A and B only
Solution:

Company contribution margin can be increased by:-
• Increasing the selling price per unit.
• Changing the sales mixture & selling more profitable products for which the P/V ratio is higher.
• Reduce the variable cost of product is also help increase the product's contribution margin.

53. Match list I with List II

List-I Statistical identityList-II Description
(A)Power of test(i)Maximum level of significance at which the null hypothesis would be accepted
(B)Standard error(ii)Test for significance of regression equation
(C)P-Value(iii)Standard deviation of an estimate from a sample
(D)F-test(iv)The probability that test will lead of rejection of null hypothesis when it is false

Choose the correct answer from the options given below:

(A)(B)(C)(D)
(a)iiiiiivi
(b)iviiiiii
(c)iiiviiii
(d)iiviiiii
Correct Answer: (b)
Solution:
List-I Statistical identityList-II Description
(A)Power of test(iv)The probability that test will lead of rejection of null hypothesis when it is false.
(B)Standard error(iii)Standard deviation of an estimate from a sample.
(C)P-Value(i)Maximum level of significance at which the null hypothesis would be accepted.
(D)F-test(ii)Test for significance of regression equation.

54. Which one of the following is not a marketing tactic used for designing customer value?

Correct Answer: (b) Communication
Solution:

Communication is not a marketing tactic used for designing customer value.
Service, Brand & incentives are marketing tactic used for designing customer value.

55. Portfolio approach to investing is primarily focused on which of the following :

Correct Answer: (d) Risk optimisation
Solution:

Portfolio approach to investing is primarily focused on risk optimisation.

56. Which one of the following production functions is a long-term production function?

Correct Answer: (b) Q = AKᵃLᵇ
Solution:

Long run production function is a relationships between inputs & output of a commodity for a longer period of time. Cobb - Douglas production function =  (Q (L,K)  = AKᵃLᵇ)

57. Which of the following are correctly needed to claim exemptions in respect of HRA?

(A) Salary
(B) Place of residence
 (C) Standard rent
(D) Rent paid
 (E) HRA received
Choose the correct answer from the options given below :

Correct Answer: (c) A, B, D and E only
Solution:

Salary, place of residence, rent paid, HRA received are correctly needed to claim. Exemptions in respect of HRA.

58. Which of the following companies cannot be a 'Small Company'?

A. A holding company or a subsidiary company
B. A company registered under Section 8
 C. A company or body corporate governed by any Special Act
 D. One Person Company (OPC)
 Choose the correct answer from the options given below :

Correct Answer: (b) A, B and C only
Solution:

Following companies cannot be fill criteria of small company:-
A. A holding company or a subsidiary company.
B. A company registered under section 8.
C. A company or body corporate governed by any special Act.

59. Which one of the following is not the guiding principle of World Bank regarding its lending operation?

Correct Answer: (d) The bank does expect the borrowing country to spend the loan in a particular country
Solution:

The bank does expect the borrowing country to spend the loan in a particular country is not the guiding principle of World Bank regarding its lending operation.

60. Properties of a good point estimator includes which of the following?

(A) Stationary
(B) Efficiency
(C) Consistency
(D) Neutrality
(E) Unbiasedness
Choose the correct answer from the options given below :

Correct Answer: (d) B, C and E only
Solution:

Following properties of a good point estimator includes:-
● Most efficiency
● Unbiasedness
● Consistency