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

Total Questions: 100

81. Identify the factors that determine the demand.

A. Price of the Commodity
B. Income of the Consumer
C. Taste and Preferences of Consumer
D. Size of Population
Choose the correct answer from the options given below:

Correct Answer: 4. A, B, C and D
Solution:The factors that determine demand are:
A. Price of the Commodity - Inverse relationship with demand.
B. Income of the Consumer - Direct relationship with demand for normal goods.
C. Taste and Preferences of Consumer - Changes can increase or decrease demand.
D. Size of Population - Larger population usually leads to higher market demand.
Thus, all four factors influence demand.

82. Arrange the following steps involved in the process of Voluntary Liquidation of a Limited Liability Partnership in correct order.

A. Declaration of Solvency
B. Designated Partners' Meeting
C. Partners' Meeting
D. Identification of an Insolvency Professional as liquidator
E. Filling of resolutions with registrar of Companies and Insolvency and Bankruptcy Board of India (IBBІ)
Choose the correct answer from the options given below:

Correct Answer: 3. A, D, B, C. E
Solution:Correct order of steps for Voluntary Liquidation of LLP:
A. Declaration of Solvency - Ensure that the LLP is solvent.
D. Identification of Insolvency Professional as Liquidator - Appointment of liquidator.
B. Designated Partners' Meeting - Pass resolution for winding up.
C. Partners' Meeting - Approve the resolution passed by designated partners.
E. Filing of Resolutions with ROC and IBBI - Legal formalities and notifications. Correct sequence: A → D → В → С → Е.

83. Matrix Structure can be made more effective by following which of the guidelines given below?

A. Collective learning, coordination and integration of skills for obtaining the streams of technology.
B. Define the objectives of the project or task.
C. Clarify the roles, authority and responsibilities of managers and team members.
D. Ensure that influence is based on knowledge, information, rather than on rank.
E. Balance the power of functional and project managers.
Choose the correct answer from the options given below:

Correct Answer: 3. B, C, D, and E only
Solution:For effective Matrix Structure, the following guidelines are essential:
A. Collective learning, coordination and integration of skills - To manage technological and functional complexities.
B. Define the objectives of the project or task - Clarity in purpose.
C. Clarify roles, authority, responsibilities - Avoids conflicts.
D. Ensure influence is based on knowledge, not rank - Encourages meritocracy.
E. Balance power of functional and project managers - Prevents power struggles.
Correct set: A, B, C, D, E. Since "all five" is not given, the closest match is: Answer: 3. B, C, D and E only.

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

LIST-ILIST-II
A. PerceptionI. A descriptive thought that a person holds about something.
B. LearningII. A person’s consistently favourable or unfavourable evaluations, feelings and tendencies toward an object or idea.
C. BeliefIII. Changes in an individual’s behaviour arising from experience.
D. AttitudeIV. The process by which people select, organise and interpret information to form a meaningful picture of the world.

Choose the correct answer from the options given below:

Correct Answer: 3. A-IV, B-III, C-I, D-II
Solution:Matching psychological concepts correctly:
A. Perception - The process of selecting, organizing, interpreting information→ IV
B. Learning - Change in behaviour due to experience → III
C. Belief - Descriptive thought held about something I
D. Attitude - Consistent evaluation/feeling towards object/idea II
Correct matching: A-IV, B-III, C-I, D-II.

85. Match the LIST-I with LIST-IІ.

LIST-I (BOP)LIST-II (Concept)
A. Balance of payment-current A/CI. Inflow and outflow of capital
B. Balance of payment-capital A/CII. International Transactions of goods and services
C. Balance of TradeIII. Import and export of goods only
D. Balancing itemIV. Entry for net errors and omissions

Choose the correct answer from the options given below:

Correct Answer: 4. A-II, B-I, C-III, D-IV
Solution:Matching Balance of Payment (BOP) components:
A. Balance of Payment - Current Account - International trade in goods and services → II
B. Balance of Payment - Capital Account - Inflows and outflows of capital I
C. Balance of Trade - Import and export of goods only → III
D. Balancing Item - Entry for net errors and omissions → IV
Correct matching: A-II, B-I, C-III, D-IV.

86. Which of the following countries were part of NAFTA?

A. United States
B. Canada
C. Mexico
D. Brazil
Choose the correct answer from the options given below:

Correct Answer: 2. A, B, C only
Solution:The North American Free Trade Agreement (NAFTA) was signed between:
A. United States
B. Canada
С. Меxico
Brazil was not a member of NAFTA; it is part of MERCOSUR.

87. Arrange the following theories of international trade in chronological order. (old to new)

A. Mercantilism Theory
B. Comparative Advantage Theory
C. Product Life Cycle Theory
D. Hecksher-Ohlin Theory
Choose the correct answer from the options given below:

Correct Answer: 2. A, B, D, C
Solution:Chronological order of International Trade Theories:
A. Mercantilism Theory - Oldest (16th-18th century)
B. Comparative Advantage Theory (David Ricardo) - Early 19th century (1817)
D. Heckscher-Ohlin Theory - 1930s
C. Product Life Cycle Theory (Raymond Vernon) - 1960s
Correct order: A → B → D → C.

88. Keeping a record of uncommonly good or undesirable examples of an employee's work-related behaviour and reviewing it with the employee at pre-determined times is known as:

Correct Answer: 2. Critical Incident Method
Solution:Keeping a record of exceptionally good or bad incidents of an employee's work behaviour for evaluation purposes refers to the Critical Incident Method of performance appraisal.

89. The parametric test that can be used for hypothesis testing of paired samples is:

Correct Answer: 1. t-test
Solution:For paired samples hypothesis testing, the appropriate parametric test is the t-test (specifically the paired sample t-test).
• z-test: Large sample sizes.
• Chi-Square: Non-parametric test.
• Mann-Whitney: Non-parametric for two independent samples.

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

LIST-I (Term)LIST-II (Explanation)
A. Nostro AccountI. Account held by a foreign bank with a local bank
B. Vostro AccountII. An Indian Bank's Swiss Franc A/C with a bank in Switzerland.
C. BidIII. Price at which the dealer is willing to buy another currency.
D. OfferIV. Price at which the dealer is willing to sell another currency.

Choose the correct answer from the options given below:

Correct Answer: 2. A-II, B-I, C-III, D-IV
Solution:Correct matching of terms:
A. Nostro Account - An account that an Indian bank holds in a foreign bank → II
B. Vostro Account - An account that a foreign bank holds with an Indian bank I
C. Bid - Price at which dealer is willing to buy foreign currency → III
D. Offer (Ask Price) - Price at which dealer is willing to sell foreign currency → IV
Correct matching: A-II, B-I, C-III, D-IV.