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

Total Questions: 100

51. Arrange the following stages of Adoption process in correct order:

A. Interest
B. Awareness
C. Trial
D. Evaluation
E. Adoption
Choose the correct answer from the options given below:

Correct Answer: 4. B, A, D. C. E
Solution:The correct sequence of the Adoption Process Stages is:
B. Awareness - Consumer becomes aware of the product.
A. Interest - Consumer seeks information.
D. Evaluation - Consumer considers whether to try the product.
C. Trial - Consumer tries the product on a small scale.
E. Adoption - Consumer decides to make full use of the product. Correct sequence: B → A → D → C → E.

52. Arrange the following in chronological order of their establishment. (Old to New)

A. NAFTA
B. European Union
C. SAARC
D. ASEAN
Choose the correct answer from the options given below:

Correct Answer: 3. D, C, A, B
Solution:Chronological order of establishment:
D. ASEAN (Association of Southeast Asian Nations) - Established in 1967
C. SAARC (South Asian Association for Regional Cooperation) - Established in 1985
A. NAFTA (North American Free Trade Agreement) - Came into effect in 1994
B. European Union (EU) - Formally established in 1993 Thus, correct order: D → C → А → В.

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

Choose the correct answer from the options given below:

Correct Answer: 4. A-IV, B-III, C-II, D-I
Solution:

54. Which of the following are the discounted cash flow techniques of capital budgeting?

A. Payback Period
B. Accounting Rate of Return (ARR)
C. Net Per cent Value (NPV)
D. Internal Rate of Return (IRR)
E. Profitability Index
Choose the correct answer from the options given below:

Correct Answer: 4. C, D and E only
Solution:Discounted Cash Flow (DCF) techniques are methods that consider the time value of money.
C. Net Present Value (NPV) - DCF method.
D. Internal Rate of Return (IRR) - DCF method.
E. Profitability Index (PI) - DCF method.
A. Payback Period and B. ARR are nondiscounted techniques.
Correct set: C, D, E.

55. If a random variable X follows a Poisson distribution such that P(X=1) = 4P (X=2) The variance of X is:

Correct Answer: 1. 1/2
Solution:

56. A type of validity which demonstrates statistically a relationship between scores on a selection procedure and job performance is called:

Correct Answer: 2. Criterion validity
Solution:When a selection procedure (like a test or assessment) is statistically correlated with actual job performance, it refers to Criterion Validity. This type of validity shows how well scores predict future job performance, making it a key metric in recruitment tests.

57. Which of the following is NOT an element of Micro environment?

Correct Answer: 3. Technology
Solution:Elements of the Micro Environment include Customers, Suppliers, Competitors, Intermediaries, etc., which directly interact with the firm.
Technology is a part of the Macro Environment, affecting entire industries over time rather than direct business interactions.
Thus, Technology is NOT part of Micro Environment.

58. "Active concealment of fact" is associated with which one of the following?

Correct Answer: 3. Fraud
Solution:"Active concealment of fact" is a deliberate act to hide material information, which constitutes Fraud under contract law. Fraud involves intentional deceit, while misrepresentation refers to false statements made innocently.

59. A company hold raw material for 60 days. It gets credit from suppliers for 15 days, production process take 15 days, finished goods are held for 30 days and 30 days credit is given to debtors. Calculate the total working capital cycle.

Correct Answer: 2. 120 days
Solution:

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

LIST-ILIST-II
A. Job enlargementI. A list of jobs 'human requirements', i.e., the requisite education, skills, personality etc.
B. Job descriptionsII. A list of jobs duties, responsibilities, reporting relationships, working conditions and supervisory responsibilities.
C. Job specificationsIII. Assigning workers additional same level activities.
D. Job enrichmentIV. Redesigning jobs in a way that increases the opportunities for the workers to experience feelings of responsibility, achievement, growth and recognition.

Choose the correct answer from the options given below:

Correct Answer: 1. A-III, B-II, C-I, D-IV
Solution:A. Job Enlargement - Assigning additional same-level activities to workers → Matches III.
B. Job Description - Document listing job duties, responsibilities, reporting relationships, etc. Matches II.
C. Job Specification - Document, outlining human requirements like education, skills, personality→ Matches I.
D. Job Enrichment - Redesigning jobs to enhance responsibility, achievement, and growth → Matches IV.
Correct matching: A-III, B-II, C-I, D-IV.