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

Total Questions: 100

61. Which of the following statistical tests examines the equality of two means?

A. F-test
B. 't'-test
C. Chi-square (x2) test
D. Mann-Whitney 'U' test
E. Kolmogorov-Smirnov test
Choose the correct answer from the options given below.

Correct Answer: (b) B and D only
Solution:

T-test→ It is used to determine if two population means are equal.
Mann-Whitney 'U' test → It is non-parametric test used to compare outcomes between two independent groups. It is the alternatives test to the independent sample ttest.

62. Identify the incorrect statement(s) from the following.

A. Technology is a differentiator among similar business enterprises.
B. Technology cannot create value for 'not-for-profit organisations.
C. Pace of technology affects the business model of modern enterprises.
D. Needs and Goals be defined before acquisition of technology.
E. Organisations pay little attention to the process of change once a decision to acquire technology has been taken.
Choose the correct answer from the options given below.

Correct Answer: (a) B only
Solution:

"Technology can not create value for not-for profit organizations" is incorrect statement because the use of technology can transform process, productivity and increase efficiency of Not-for-profit firms' According to survey 85% of (N.P.O.) Say that technology is key to the success of their organization.

63. Which of the following are considered as the 'principal standards' in the ISO series developed by the International Organization for Standardization ?

A. ISO 9000
B. ISO 9001
C. ISO 9002
D. ISO 9003
E. ISO 9004
Choose the correct answer from the options given below.

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

ISO 9001, ISO 9002, ISO 9003 are considered as the 'principal standards' in the ISO series developed by the international organization for standardization.

64. Identify the correct statements in context of equity financing.

A. Borrowing limit increases as a consequence of increase in number of shares. B. Ordinary shares are generally not redeemable.
C. Issue of new shares dilutes the EPS if the profits do not increase immediately in proportion to increase in number of shares.
D. A company is not legally oblidged to pay dividend.
E. Ordinary shares are less riskier from investor's perspective.
Choose the correct answer from the options given below.

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

The correct statements in context of equity financing are:-
• Borrowing limit increases as a consequence of increase in number of shares.  • Ordinary shares are generally not redeemable.
• Issue of new shares dilutes the EPS if the profits do not increase immediately in proportion to increase in number of shares.
• A company is not legally obliged to pay dividend.

65. As per Du Pont equation for ROE, other things remaining constant, which of the following statements is false?

A. An increase in the net profit margin will increase the ROE.
B. A decrease in debt to asset ratio will increase the ROE.
C. A decrease in return on assets will decrease the ROE.
D. An increase in the average asset turnover will increase the ROE.
E. An increase in equity multiplier will increase the ROE.
Choose the correct answer from the options given below.

Correct Answer: (a) B only
Solution:

As per Du point equation for ROE, other things remaining constant, so, the false statement is 'A decrease in debt to asset ratio will increase the ROE.'

66. Match List I with List-II

List-IList-II
 A. Directive style I. High tolerance for ambiguity and an intuitive way of thinking
 B. Analytic style II. Low tolerance for ambiguity and an intuitive way of thinking
 C. Conceptual style III. Low tolerance for ambiguity and rational way of thinking
 D. Behavioural style IV. High tolerance for ambiguity and rational way of thinking

Choose the correct answer from the options given below.

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

The correct matching is:-

List-IList-II
 A. Directive style III. Low tolerance for ambiguity and rational way of thinking
 B. Analytic style IV. High tolerance for ambiguity and rational way of thinking
 C. Conceptual style I. High tolerance for ambiguity and an intuitive way of thinking
 D. Behavioural  style II. Low tolerance for ambiguity and an intuitive way of thinking

67. Match List-I with List-II.

  List-I (Cattell's Personality Factors)  List-II (Bipolar dimensions)
 A. Social boldness  I. Imaginative Vs. Practical
 B. Abstractedness II. Shrewd Vs. Forthright
 C. Private III. Controlled Vs. Casual
 D. Perfectionism IV. Venturesome Vs. Timid

Choose the correct answer from the options given below.

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

The correct matching is:-

List-I(Cattell's Personality Factors)List-II(Bipolar dimensions)
 A. Social boldness IV. Venturesome Vs. Timid
 B. Abstractedness I. Imaginative Vs. Practical
 C. Private II. Shrewd Vs. Forthright
 D. Perfectionism III. Controlled Vs. Casual

68. Match List-I with List-II.

  List-I (VRIO Framework criteria)  List-II (Domain (HR) Applications)
 A. Value I. Edge in terms of skills, knowledge and abilities
 B. Rareness II. Teamwork
 C. Imitability III. Empowerment Programs
 D. Organisation IV. Unique history or culture

Choose the correct answer from the options given below.

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

The correct matching is:-

  List-I(VRIO Framework criteria)  List-II(Domain (HR) Applications)
 A. Value III. Empowerment Programs
 B. Rareness I. Edge in terms of skills, knowledge and abilities
 C. Imitability IV. Unique history or culture
 D. Organisation II. Teamwork

69. Match List I with List-II.

List-I (Investment Decision rule)List-II (Feature)
 A. NPV I. Insufficiently consistent
 B. Payback II. Highly Inflexible
 C. Cash Returns  III. Balance between flexibility and consistency
 D. Accounting Returns IV. Relatively consistent

Choose the correct answer from the options given below.

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

The correct matching is:-

    List-I (Investment Decision rule)   List-II (Feature)
 A. NPV III. Balance between flexibility and consistency
 B. Payback II. Highly Inflexible
 C. Cash Returns IV. Relatively consistent
 D. Accounting Returns I. Insufficiently consistent

70. Match List-I with List-II.

  List-I (Theory)   List-II (what nation's do).
 A. Mercantilism I The range of products made or grown for export would depend upon the relative availability of different factors in each country.
 B. Theory of absolute advantage II gold and silver are the mainstay of national wealth.
 C. Theory of comparative advantage III Countries should specialize in the production of goods for which they have absolute advantage.
 D. factor endowment IV Nations should produce those goods for which they have the greatest relative advantage.

Choose the correct answer from the options given below.

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

The correct matching is:-

  List-I (Theory)  List-II (what nation's do).
 A. Mercantilism II gold and silver are the mainstay of national wealth.
 B. Theory of absolute advantage III Countries should specialize in the production of goods for which they have absolute advantage.
 C. Theory of comparative advantage IV Nations should produce those goods for which they have the greatest relative advantage.
 D. factor endowment I The range of products made or grown for export would depend upon the relative availability of different factors in each country.