UGC NTA NET/JRF Exam, Management, June-2020

Total Questions: 100

41. The approaches to management thinking which were developed during the first half of the 20th century are:

A. Scientific management, general administrative, quantitative and contingency approach.
B. Scientific management, general administrative, quantitative and organizational behaviour.
C. General administrative, globalization, organizational behaviour and quantitative.
D. System approach, scientific management, General administrative and organizational behaviour.
Choose the correct answer from the options given below:

Correct Answer: (c) B only
Solution:

Scientific management, general administration, quantitative and organizational behaviour, are development during the first half of the 20th century.
Hence, option (c) is correct answer.

42. In a rising income scenario, the obvious decision choices of firms having very low-income elasticity for their products would be

A.Search for new markets
B. Product innovation
C. Discontinuation of product line
D. Product line extension
E. Exporting
Choose the most appropriate answer from the options given below.

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

Firms adopt product innovation and product line expansion to minimize elasticity in their product in a rising income scenario. Due to which the increased income makes the consumers attempted to bay innovative items and the elasticity of demand become almost constant.
Hence option (c) is correct answer.

43. The underlying principles of the Combined Code of Corporate Governance and Conduct are :

A. Acceptability
B. Openness
C. Integrity
D. Accountability and Responsibility
Choose the correct answer from the options given below:

Correct Answer: (e) *
Solution:

The combined code consisted of principle of good governance, most of which had their own set of more detailed provisions which in most cases, amplified the principle. The basic principle of combined code of corporate governance- accountability, transparency fairness, responsibility, risk management. NTA deleted this question and awarded equal marks.

44. Which of the following HR decisions can be influenced by HR analytics?

A. HR Planning
B. Succession Planning
C. Hiring
D. Performance
E. Compensation and Rewards
Choose the most appropriate answer from the options given below:

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

HR Analytics, also referred to as people analytics, workforce, analytics or talent analytics, involves gathering together analyzing and reporting HR Data. HR planning, succession planning, Hiring, performance, compensation and Rewards can be influenced by HR Analytics.

45. Which of the following should be avoided by interviewers?

A. Establish an easy and informal relationship.
B. Analyze career and interests to reveal strengths, weaknesses, patterns of behaviour.
C. Ask leading questions.
D. Plunge too quickly into demanding questions.
E. Encourage the candidate to talk.
Choose the most appropriate answer from the options given below:

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

Some most Act which is avoided by a Interviews-
• Getting really nervous.
• Acting to nonchalant
• Ask leading questions
• Plunge too quickly into demanding questions.
• Lying, Allowing bias etc.
Hence, option (b) is correct answer.

46. What out of the following are the involvements of the Strategic Human Resource Management in Corporate Strategy?

A. Human Resources Management is fully integrated with the strategy and the strategic needs of the firm.
B. Human resource policies cohere both across policy areas and across hierarchies.
C. Human Resource practices are adjusted, accepted and used by line managers and employees as part of their daily work.
D. Human Resources architecture is composed of the systems, practices, competencies, and employee performance behaviours that reflect the development and management of the firm's human resources.
Choose the most appropriate answer from the options given below:

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

Human Resources management is fully integrated with the strategy and across hierarchies of the firm, Human Resources Management is fully Integrated with strategy and across hierarchies, Human Resource practices are adjusted accepted and used by line manager and employee as part of their daily work. Composed system, practices and employee performance behaviour are the main activity of HRM.

47. 'Award' under the Industrial Dispute Act, 1947 is :

A. Interim determination of Labour court.
B. Not an arbitration award under section 10.
C. Final determination of labour court.
D. Not final determination of arbitration award under section 10A.
Choose the most appropriate answer from the options given below:

Correct Answer: (a) A and C only
Solution:

Meaning of award section 2(b) of the Industrial Dispute Act, 1947 defines an award as "an interim of final determination of any Industrial dispute or of any question relating thereto by any labour court.
Hence, option (a) is correct answer.

48. Which of the following labour laws are related to working hours, conditions of services and employment?

A. The Payment of Wages Act, 1936.
B. The Trade Union Act, 1926.
C. The Factories Act, 1948.
D. The Mines Act, 1952.
Choose the most appropriate answer from the options given below:

Correct Answer: (c) C and D only
Solution:

According to the factories Act- 1948, no adult can work more than 48 hours per week and 9 hours per day.
And According to mines Act-1952 working at night is prohibited.
The factories Act-1948 and the mines Act- 1952 are related to working hours.

49. Which of the following statements are included in financial statements?

A. Cash flow statement.
B. Funds flow statement.
C. Balance sheet.
D. Statement of change in equity.
E. Income statement.
Choose the most appropriate answer from the options given below:

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

Four main financial statements. They are balance sheet
• Income statement.
• Cash flow statement.
Statement of change in equity.

50. Which of the following cause conflicting ranking of an investment opportunity under the NPV and IRR criteria?

A. Cash flow pattern disparity.
B. Investment size disparity.
C. Investment life disparity.
D. Product life cycle disparity.
Choose the most appropriate answer from the options given below

Correct Answer: (a) A, B and C only
Solution:

NPV (Net present value) is the difference between the present value of cash Inflow and the present value of cash outflow over a period of time. Internal rate of Return (IRR) is calculation used to estimate the profitability of potential investment.
Cash flow pattern disparity, investment size disparity, investment life disparity conflicting of NPV and IRR.