NTA UGC NET/JRF Exam, June 2025 (Commerce)

Total Questions: 100

1. Match the LIST-I with LIST-II.

Choose the correct answer from the options given below:

1. A-II, B-I, C-IV, D-III
2. A-I, B-II, C-IV, D-III
3. A-III, B-IV, C-I, D-II
4. A-I, B-III, C-II, D-IV

Correct Answer: 1. A-II, B-I, C-IV, D-III

Solution:Present Value (PV) is the current worth of a future cash flow discounted at a specific rate. Its formula is:

Thus, A matches with II.
Future Value (FV) represents the value of a current cash flow compounded into the future.
Its formula is:
FV = Cash Flow x (1 + r)ᵗ
Thus, B matches with I.
Future Value of an Annuity involves calculating the compounded value of a series of equal payments. The formula is:
FV of Annuity = R × (FVIFAᵢ,ₙ)
Thus, C matches with IV.
Present Value of an Annuity refers to discounting a series of equal payments to their present value.
The formula is:
PV of Annuity = R × (PVIFAᵢ,ₙ)
Thus, D matches with III.

2. Match the LIST-I with LIST-II.

Choose the correct answer from the options given below:

1. A-I, B-II, C-III, D-IV
2. A-II, B-I, C-IV, D-III
3. A-III, B-IV, C-II, D-I
4. A-IV, B-III, C-II, D-I

Correct Answer: 2. A-II, B-I, C-IV, D-III

Solution:Specific Tariff is a duty levied as a fixed amount per physical unit of an imported commodity. This corresponds to II.
Ad valorem Tariff is calculated as a fixed percentage of the commodity's value. This matches with I.
Compound Tariff combines both Ad valorem and Specific tariffs, meaning a combination of a percentage and a fixed amount per unit. This matches with IV.
Variable Tariff is adjusted to align the imported commodity's price with the domestic support price to protect domestic producers. This corresponds to III.

3. Which of the following is NOT the feature of business environment?

1. Complex
2. Dynamic
3. Multi faceted
4. Static

Correct Answer: 4. Static

Solution:The business environment is known for being:
• Complex: Due to numerous interacting factors. Dynamic: Constantly changing with external influences.
• Multifaceted: Different interpretations by different observers.
However, the business environment is never Static, as it continuously evolves. Hence, "Static" is not a feature.

4. Identify the correct sequence of Research Design Process:

A. Measurement technique selection
B. Research approach selection
C. Data collection technique selection
D. Sample design selection (Trade Tariff)
E. Data analysis method sele
Choose the correct answer from the options given below:

1. A, B, C, D, E
2. B, A, D, С, E
3. D, С, E, A, B
4. C, E, D, B, A

Correct Answer: 2. B, A, D, С, E

Solution:The correct sequence of steps in Research Design Process is as follows:
1. Research Approach Selection (B): Decide whether the study will be exploratory, descriptive, or causal.
2. Measurement Technique Selection (A): Choose how variables and data points will be quantified.
3. Sample Design Selection (D): Determine the sampling methods and size.
4. Data Collection Technique Selection (C): Decide on surveys, interviews, observations, etc.
5. Data Analysis Method Selection (E): Choose analytical tools and techniques to process data. Thus, the sequence is: B → A → D → C → Е.

5. A Ltd. makes plastic buckets. Selling price per bucket is210 and variable cost per bucket is60. Fixed cost of making buckets is1,50,000 for the year. The number of buckets to be sold to get a profit of 90000 is:

1. 714 buckets
2. 428 buckets
3. 1000 buckets
4. 1600 buckets

Correct Answer: 4. 1600 buckets

Solution:

6. Identify the correct sequence of sampling design process:

A. Determine the Sample size
B. Select a sampling technique
C. Selection of sampling frame
D. Defining target population
Choose the correct answer from the options given below:

1. A, B, C, D
2. B, A, D, C
3. A, B, D, C
4. D, C, B, А

Correct Answer: 4. D, C, B, А

Solution:The correct sequence of the Sampling Design Process is as follows:
D. Defining Target Population - First, identify the overall population relevant to the study.
C. Selection of Sampling Frame - Next, prepare a list or source from which the sample will be drawn.
B. Select a Sampling Technique - Choose whether to use random, stratified, cluster sampling, etc.
A. Determine the Sample Size - Finally, decide the number of units to include in the sample. Hence, the sequence is: D → C → B → А.

7. The ongoing process of systematically identifying, assessing and developing organizational leadership to enhance performance is known as which of the following?

1. Strategy and workforce planning
2. Predictive workforce monitoring
3. Succession planning
4. Managerial decision making

Correct Answer: 3. Succession planning

Solution:Succession Planning is a continuous process through which organizations systematically identify, assess, and develop future leaders to ensure leadership continuity, improve performance, and reduce risks related to sudden leadership vacancies. It involves grooming internal talent for future leadership roles.

8. Arrange the following examples of business cycles in chronological order. (Óld to New)

A. Dot Com Bubble Burst
B. Great Depression
C. Covid Pandemic
D. Global Financial Crisis
Choose the correct answer from the options given below:

1. A, B, C, D
2. B, A, D, C
3. D, B, A, C
3. D, B, A, C

Correct Answer: 2. B, A, D, C

Solution:Chronological order of the given business cycles:
B. Great Depression - Started in 1929, the most severe global economic depression.
A. Dot Com Bubble Burst - Occurred in 2000-2001 when internet company valuations crashed.
D. Global Financial Crisis - Originated in 2008 due to subprime mortgage collapse.
C. Covid Pandemic - Began in 2020, causing a global economic slowdown. Correct sequence: B → A → D → C.

9. Arrange the following Development Financial Institution in chronological order of their establishment. (Old to New)

A. IFCI
B. IDBI
C. NABARD
D. SIDBI
Choose the correct answer from the options given below:

1. A, B, C, D
2. B, A, C, D
3. C, D, A, B
4. D, C, B, A

Correct Answer: 1. A, B, C, D

Solution:Chronological order of establishment of Development Financial Institutions (DFIs):
A. IFCI (Industrial Finance Corporation of India) - Established in 1948 as the first DFI in India.
B. IDBI (Industrial Development Bank of India) - Established in 1964.
C. NABARD (National Bank for Agriculture and Rural Development) - Established in 1982.
D. SIDBI (Small Industries Development Bank of India) - Established in 1990. Correct sequence: A → B → C → D.

10. Which of the following is a horizontal agreement?

1. Tie in arrangement
2. Resale Price maintenance
3. Cartel
4. Exclusive Distribution

Correct Answer: 3. Cartel

Solution:A Cartel is an agreement between competing firms at the same level of production or distribution to control prices or limit competition. This is a classic example of a Horizontal Agreement, where firms at the same market level collude. Tie-in arrangements, resale price maintenance, and exclusive distribution are examples of Vertical Agreements between firms at different levels of the supply chain.