UGC NET Exam Commerce Online Mock Test Series-7

This Quiz is posted with the sole aim of guiding the aspirants of UGC-NET /CSIR -NET Exam to the path of success. To sharpen the edges of your own intelligence and practice, in a structured and concrete manner to ensure you definite Success in your endeavor and will Pave your way for a successful career in Teaching (or) Research Profession . All the very best...... Knock the door of success......
  1.  ‘Kinked’ demand curve is related with ______
    1.  Discriminating monopoly
    2.  Perfect competition
    3.  Oligopoly
    4.  Monopoly

  2. There are impulses which persuade a customer to buy certain products without evaluating the positive and negative value of the same.
    1.  Blind motives
    2.  Emotional motives
    3.  Egoistic motives
    4.  All the above

  3. Assertion (A): Management is a continuous process.
    Reason (R): Managers first plan, then organise and finally perform the function of controlling.
    1.  Both (A) and (R) are correct and (R) is correct explanation of (A).
    2.  (A) is incorrect, but (R) is correct
    3.  Both (A) and (R) are correct, but (R) is not a correct explanation of (A)
    4.  (A) is correct, but (R) is incorrect

  4. Which of the following statements is true?
    1.  In case of inferior goods, the income effect is positive although the substitution effect is negative.
    2.  In inferior goods, the income and substitution effects are negative
    3.  In inferior goods, the income and substitution effects are positive
    4.  In case of inferior goods, the income effect is negative, although the substitution effect is positive.

  5. Which one of the following is not a benefit of privatization?
    1.  Better management of enterprise
    2.  Freedom from bureaucracy
    3.  Encourage entrepreneurship
    4.  Concentration of economic power.

  6. The presence of fixed costs in the total cost structure of a firm results into _____
    1.  Financial leverage
    2.  Operating leverage
    3.  Super leverage
    4.  None of the above

  7. Match the following:
    List – I                                    List – II
    a. Matching approach              1. Dividend Policy
    b. Structural ratios                   2. Inventory Management
    c. Ordering quantity                3. Financing Working Capital
    d. Bonus shares                       4. Capital Structure
          a b c d
    1.  3 4 2 1
    2.  2 1 3 4
    3.  1 2 3 4
    4.  3 4 1 2

  8. India is not associated with ______
    1.  SAARC
    2.  BRICS
    3.  a & d correct
    4.  NAFTA

  9. Which one is not Finance Company?
    1.  Mutual Benefit Finance Companies
    2.  Hire-Purchase Finance Company
    3.  IRDA
    4.  Loan Companies

  10. Interest on capital paid by a firm to its partners, under the Income Tax Act, 1961, is allowed
    1.  10%
    2.  14%
    3.  6%
    4.  12%