UGC NTA NET/JRF Exam, Management, December-2021/June-2022

Total Questions: 100

71. Match List-I with List-II

  List-I  List-II
 Company Nature of business
 A. Alliance air I. Swiss travel group
 B. Delhivery II. Online travel company
 C. Ixigo III. State owned regional carrier
 D. Kuoni IV. New age logistic and supply chain start up

Choose the correct answer from the options given below:

Correct Answer: (b) A-III, B-IV, C-II, D-I
Solution:

The correct matching is:

  List-I  List-II
  Company Nature of business
 A. Alliance air III. State owned regional carrier
 B. Delivery IV. New age logistic and supply chain start up
 C. Ixigo II. Online travel company
 D. Kuoni I. Swiss travel group

72. Match List-I with List-

  List-I   List-II
  Possible level of customer expectations  Example
 (A) Normative  expectations (I) I expect this restaurant to serve me in an adequate manner.
 (B) Acceptable expectations (II) I expect terrible service from this restaurant but came because price is low
 (C) Minimum trouble expectations (III) Most of the times this restaurant is very good, but when it gets busy the service is slow.
 (D) Experience based expectations. (IV) As expensive as this restaurant is, it ought to have excellent food and service.

Choose the correct answer from the options given below:

Correct Answer: (c) A-IV, B-I, C-II, D-III
Solution:

The correct matching is:

  List-I  List-II
  Possible level of customer expectations  Example
 (A) Normative expectations  (IV) As expensive as this restaurant is, it ought to have excellent food and service.
 (B) Acceptable expectations (I) I expect this restaurant to serve me in an adequate manner.
 (C) Minimum trouble expectations (II) I expect terrible service from this restaurant but came because price is low
 (D) Experience based  expectations. (III) Most of the times this restaurant is very good, but when it gets busy the service is slow.

73. Match List-I with List-II

  List-I  List-II
  Symbol  Process chart activity
 A. D I. Storage
 B. ⇒ II. Input
 C. ∇  III. Delay
 D. ⬜ IV. Transport

Choose the correct answer from the options
given below:

Correct Answer: (d) A-III, B-IV, C-I, D-II
Solution:

The correct matching is:

 List-I List-II
 Symbol Process chart activity
 A. D III. Delay
 B. ⇒ IV. Transport
 C. ∇  I. Storage
 D. ⬜ II. Input

74. Match List-I with List-II

  List-I   List-II
  Trade concepts and terminology  Description
 (A) GATS  (I) Extends multilateral rules and disciplines to service.
 (B) TRIPS (II) To agreement requires compliance with the provisions of Bern convention of 1886 to which India is a signatory.
 (C) TRIMS (III) Refers to certain conditions imposed by a government in respect of foreign investment in the country
 (D) MFN (IV) Prevents countries from discriminating among foreign suppliers of services.

Choose the correct answer from the options given below:

Correct Answer: (a) A-I, B-II, C-III, D-IV
Solution:The correct matching is:
  List-I   List-II
  Trade concepts and terminology  Description
 (A) GATS (I) Extends multilateral rules and disciplines to service.
 (B) TRIPS (II) To agreement requires compliance with the provisions of Bern convention of 1886 to which India is a signatory.
 (C) TRIMS (III) Refers to certain conditions imposed by a government in respect of foreign investment in the country
 (D) MFN (IV) Prevents countries from discriminating among foreign suppliers of services.

75. Match List-I with List-II

 List-I List-II
 Concepts Institution/Schemes
 (A) Entrepreneurship and innovation (I) Atal Tinkering lab
 (B) Gaps in value chains (II) Pradhan Mantri Matsya Sampada Yojana
 (C) Think Tank (III) Atal Innovation Mission
 (D) Machine learning (IV) Niti Aayog

Choose the correct answer from the options given below:

Correct Answer: (d) A-III, B-II, C-IV, D-I
Solution:

The correct matching is:

 List-I List-II
 Concepts Institution/Schemes
 (A) Entrepreneurship and innovation (III) Atal Innovation Mission
 (B) Gaps in value chains (II) Pradhan Mantri Matsya Sampada Yojana
 (C) Think Tank (IV) Niti Aayog
 (D) Machine learning (I) Atal Tinkering lab

76. Arrange the following goods in the ascending order of the underlying income elasticity of demand.

(A) Necessitis
(B) Inferior goods
(C) Normal goods
(D) Luxury goods
(E) Giffen goods
Choose the correct answer from the options given below:

Correct Answer: (a) E, B, A, C, D
Solution:

→ The corresponding change in a products demand in response to a change in a consumer's income is referred to as income elasticity of demand.
→ Goods in ascending order of the underlying income elasticity of demand are

77. Arrange the following steps of organizational socialization in the proper sequence.

(A) Select a good first supervisor to be incharge of socializaton
(B) Provide a challenging first job
(C) Design a relaxed orientation program
(D) Provide timely and consistent feedback
(E) Provide relevant training
Choose the correct answer from the options given below:

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

The unique atmosphere of an organisation's culture has an impact on how employees act and interact in the workplace socialization is needed to fit in with the culture of an organization.
→ Steps of organizational socialization in the proper sequence:-
• Provide a challenging first job.
• Provide relevant training.
• Provide timely and consistent feedback.
• Select a good first supervisor to be incharge of socialization.
• Design a relaxed orientation program.

78. Arrange the given stages of process of organizational change in the correct sequence

(A) Information collection
(B) Diagnosis
(C) Motivation
(D) Action proposal
(E) Stabilization
Choose the correct answer from the options given below:

Correct Answer: (a) C, B, A, D, E
Solution:

Organisational change refers to any modification or alteration in people, structure, job design or technology of an existing organization.
• Stages of process of organisational change in the correct sequence:-

79. Arrange the following bonds issues in increasing order of the underlying risk:

(A) Convertible bonds
(B) Callable bonds
(C) Mortgage bonds
(D) Unsecured bond (E) Junk bonds
Choose the correct answer from the options given below:

Correct Answer: (a) C, B, A, D, E
Solution:

→ Bond issues in increasing order of the underplaying risk is:-

80. Arrange the following in the ascending order in terms of their equity market capitalisation.

(A) India
(B) United States (USA)
(C) Hong Kong
(D) Japan
(E) China
Choose the correct answer from the options given below:

Correct Answer: (d) A, C, D, E, B
Solution:

The ascending order in terms of their equity market capitalisation is:-