UGC NET Past Year Question Paper II: Management with Answer Key (16 June 2023) | UGC NET Past Year Papers PDF Download

 Page 1


UGC NET Code 17 Management 16
th
 June 2023 
1.) Which one of the following is NOT a standard categorization of stress?  
(A) Acute stress  
(B) Imported stress  
(C) Chronic stress  
(D) Eustress  
  
2.) Which of the following motives were articulated by J. M. Keynes for holding cash?  
a. Precautionary  
b. Return generation  
c. Speculative  
d. Investment  
e. Transaction  
Choose the correct answer from the options given below:  
(A) a, b and c only 
(B) b, d and e only 
(C) a, c and e only 
(D) b, c and d only 
  
3.) Hofstede's dimensions of culture were based on a study conducted at:  
(A) Intel Ltd. 
(B) IBM  
(C) Pepsico  
(D) Microsoft  
  
4.) Which of the following economic identities states that One (1) extra percent unemployment 
costs two (2) percent of the Gross Domestic Product (GDP)?  
(A) Sacrifice ratio  
(B) Phillips curve  
(C) Misery index  
(D) Okun's law  
  
5.) Which of the statements are true of innovations?  
a. Innovations are a must to survive in business  
b. Discontinuous innovations lead to failures  
c. Continuous innovations do not disrupt established usage and behaviour patterns  
d. Line extensions are discontinuous innovations  
e. hi discontinuous innovations, there is a change not only in technology but also in behavioural 
patterns of usage and consumption  
Choose the correct answer from the options given below:  
(A) a, b, d and e only  
(B) c, d and e only  
(C) b, c and d only  
(D) a, c and e only  
  
6.) Which of the following goods (commodities) have positive elasticities?  
a. Necessities  
Page 2


UGC NET Code 17 Management 16
th
 June 2023 
1.) Which one of the following is NOT a standard categorization of stress?  
(A) Acute stress  
(B) Imported stress  
(C) Chronic stress  
(D) Eustress  
  
2.) Which of the following motives were articulated by J. M. Keynes for holding cash?  
a. Precautionary  
b. Return generation  
c. Speculative  
d. Investment  
e. Transaction  
Choose the correct answer from the options given below:  
(A) a, b and c only 
(B) b, d and e only 
(C) a, c and e only 
(D) b, c and d only 
  
3.) Hofstede's dimensions of culture were based on a study conducted at:  
(A) Intel Ltd. 
(B) IBM  
(C) Pepsico  
(D) Microsoft  
  
4.) Which of the following economic identities states that One (1) extra percent unemployment 
costs two (2) percent of the Gross Domestic Product (GDP)?  
(A) Sacrifice ratio  
(B) Phillips curve  
(C) Misery index  
(D) Okun's law  
  
5.) Which of the statements are true of innovations?  
a. Innovations are a must to survive in business  
b. Discontinuous innovations lead to failures  
c. Continuous innovations do not disrupt established usage and behaviour patterns  
d. Line extensions are discontinuous innovations  
e. hi discontinuous innovations, there is a change not only in technology but also in behavioural 
patterns of usage and consumption  
Choose the correct answer from the options given below:  
(A) a, b, d and e only  
(B) c, d and e only  
(C) b, c and d only  
(D) a, c and e only  
  
6.) Which of the following goods (commodities) have positive elasticities?  
a. Necessities  
b. Substitutes  
c. Luxury goods  
d. Complementary goods  
e. Inferior goods  
Choose the correct answer from the options given below:  
(A) a, b and c only  
(B) c, d and e only  
(C) a, c and d only  
(D) b, c and e only  
 
7.) Which of the following is NOT a characteristic of digital media?  
(A) Digital media is "pull" media  
(B) Mass customization is possible in digital media  
(C) Digital media is lean-back media  
(D) Digital media is intense media  
  
8.) Match List I with List II: 
LIST I (Change Consultant Function)  
a. Transcending 
b. Process-facilitating 
c. Shock-absorbing 
d. Resource-sharing 
LIST II (Consultant Role)   
i. Uses latest knowledge and a wide variety of experiences   
ii. Helps the system to confront reality   
iii. Takes an independent overall view   
iv. Is perceptive of the reality in the organisation  
Choose the correct answer from the options given below:  
(A) a - iii, b - ii, c - i, d - iv  
(B) a – iv, b – iii, c – i, d - ii  
(C) a – iii, b - iv, c – ii, d - i  
(D) a – iii, b – ii, c – iv, d - i  
  
9.) Consumer buying behaviour in situations characterized by high involvement but few perceived 
differences among brands is known as   
(A) Complex buying behaviour  
(B) Dissonance reducing buying behaviour  
(C) Habitual Buying behaviour  
(D) Variety seeking buying behaviour  
  
10.) Which of the following statements are applicable to Mckinsey's 7S framework?  
a. A priori, it is obvious which of the seven factors will be the driving force in changing a particular 
organisation at a particular point of time.  
b. Effective organisational change is the relationship between seven factors of the framework.  
c. Change in any one element effects change in other elements for effective organisational change.  
d. Framework can be used for facilitating organisational change.  
e. Strategy, Structure, Systems and Style are 'Hard S' of the Model while Staff, Skill and Shared 
values are the 'Soft S' of the framework.  
Page 3


UGC NET Code 17 Management 16
th
 June 2023 
1.) Which one of the following is NOT a standard categorization of stress?  
(A) Acute stress  
(B) Imported stress  
(C) Chronic stress  
(D) Eustress  
  
2.) Which of the following motives were articulated by J. M. Keynes for holding cash?  
a. Precautionary  
b. Return generation  
c. Speculative  
d. Investment  
e. Transaction  
Choose the correct answer from the options given below:  
(A) a, b and c only 
(B) b, d and e only 
(C) a, c and e only 
(D) b, c and d only 
  
3.) Hofstede's dimensions of culture were based on a study conducted at:  
(A) Intel Ltd. 
(B) IBM  
(C) Pepsico  
(D) Microsoft  
  
4.) Which of the following economic identities states that One (1) extra percent unemployment 
costs two (2) percent of the Gross Domestic Product (GDP)?  
(A) Sacrifice ratio  
(B) Phillips curve  
(C) Misery index  
(D) Okun's law  
  
5.) Which of the statements are true of innovations?  
a. Innovations are a must to survive in business  
b. Discontinuous innovations lead to failures  
c. Continuous innovations do not disrupt established usage and behaviour patterns  
d. Line extensions are discontinuous innovations  
e. hi discontinuous innovations, there is a change not only in technology but also in behavioural 
patterns of usage and consumption  
Choose the correct answer from the options given below:  
(A) a, b, d and e only  
(B) c, d and e only  
(C) b, c and d only  
(D) a, c and e only  
  
6.) Which of the following goods (commodities) have positive elasticities?  
a. Necessities  
b. Substitutes  
c. Luxury goods  
d. Complementary goods  
e. Inferior goods  
Choose the correct answer from the options given below:  
(A) a, b and c only  
(B) c, d and e only  
(C) a, c and d only  
(D) b, c and e only  
 
7.) Which of the following is NOT a characteristic of digital media?  
(A) Digital media is "pull" media  
(B) Mass customization is possible in digital media  
(C) Digital media is lean-back media  
(D) Digital media is intense media  
  
8.) Match List I with List II: 
LIST I (Change Consultant Function)  
a. Transcending 
b. Process-facilitating 
c. Shock-absorbing 
d. Resource-sharing 
LIST II (Consultant Role)   
i. Uses latest knowledge and a wide variety of experiences   
ii. Helps the system to confront reality   
iii. Takes an independent overall view   
iv. Is perceptive of the reality in the organisation  
Choose the correct answer from the options given below:  
(A) a - iii, b - ii, c - i, d - iv  
(B) a – iv, b – iii, c – i, d - ii  
(C) a – iii, b - iv, c – ii, d - i  
(D) a – iii, b – ii, c – iv, d - i  
  
9.) Consumer buying behaviour in situations characterized by high involvement but few perceived 
differences among brands is known as   
(A) Complex buying behaviour  
(B) Dissonance reducing buying behaviour  
(C) Habitual Buying behaviour  
(D) Variety seeking buying behaviour  
  
10.) Which of the following statements are applicable to Mckinsey's 7S framework?  
a. A priori, it is obvious which of the seven factors will be the driving force in changing a particular 
organisation at a particular point of time.  
b. Effective organisational change is the relationship between seven factors of the framework.  
c. Change in any one element effects change in other elements for effective organisational change.  
d. Framework can be used for facilitating organisational change.  
e. Strategy, Structure, Systems and Style are 'Hard S' of the Model while Staff, Skill and Shared 
values are the 'Soft S' of the framework.  
Choose the correct answer from the options given below:  
(A) a, b and d only  
(B) b, c and d only  
(C) a, b, c and d only  
(D) a, b, c and e only  
  
11.) Which of the following narratives explain the Leontief paradox in international business:  
(A) USA's exports were capital intensive and imports were labour intensive  
(B) USA's exports and imports both were capital intensive  
(C) USA's exports were labour-intensive and imports were capital intensive  
(D) USA's exports and imports both were labour-intensive  
  
12.) Which of the following is NOT an element of 'Trade-relations mix' in International Business?  
(A) Product variety  
(B) Price policy  
(C) Mutual service and responsibilities  
(D) Distributor's territorial rights  
  
13.) Arrange the following statements corresponding to different levels of Brand Dynamics 
Pyramid in a sequence starting with the base of the pyramid:  
a. Belief that the brand delivers acceptable product performance and is on the consumer's short-list  
b. Rational and emotional attachments to the brand to the exclusion of most other brands  
c. Active familiarity with the brand based on post trial, saliency or knowledge of the brand promise  
d. Relevance of brand to consumer's needs in the right price range or in the consideration set  
e. Belief that the brand has an emotional or rational advantage over other brands in the category  
Choose the correct answer from the options given below: 
(A) c, d, a, e, b  
(B) d, c, a, e, b  
(C) d, c, a, b, e  
(D) c, d, a, b, e  
  
14.) Population variance differ from sample variance in which of the following manner:  
a. µ ± 3s is replaced by x ¯ + 9 s
2
 
b. µ is replaced by x ¯ 
c. µ
2
 is replaced by 
µ
2
( n - 1 ) a
 
d. N is replaced by n -1  
e. N is replaced by n - 1 - a 
Choose the correct answer from the options given below:  
(A) b and d only  
(B) c, d and e only  
(C) a and e only  
(D) d and e only  
 
15.) Characteristics of industrial relations include:  
a. An outcome of employment relationships in an organisation  
b. Develop the skills and methods of adjusting to and cooperating with each other  
c. Create rules and regulations to maintain harmonious relations  
Page 4


UGC NET Code 17 Management 16
th
 June 2023 
1.) Which one of the following is NOT a standard categorization of stress?  
(A) Acute stress  
(B) Imported stress  
(C) Chronic stress  
(D) Eustress  
  
2.) Which of the following motives were articulated by J. M. Keynes for holding cash?  
a. Precautionary  
b. Return generation  
c. Speculative  
d. Investment  
e. Transaction  
Choose the correct answer from the options given below:  
(A) a, b and c only 
(B) b, d and e only 
(C) a, c and e only 
(D) b, c and d only 
  
3.) Hofstede's dimensions of culture were based on a study conducted at:  
(A) Intel Ltd. 
(B) IBM  
(C) Pepsico  
(D) Microsoft  
  
4.) Which of the following economic identities states that One (1) extra percent unemployment 
costs two (2) percent of the Gross Domestic Product (GDP)?  
(A) Sacrifice ratio  
(B) Phillips curve  
(C) Misery index  
(D) Okun's law  
  
5.) Which of the statements are true of innovations?  
a. Innovations are a must to survive in business  
b. Discontinuous innovations lead to failures  
c. Continuous innovations do not disrupt established usage and behaviour patterns  
d. Line extensions are discontinuous innovations  
e. hi discontinuous innovations, there is a change not only in technology but also in behavioural 
patterns of usage and consumption  
Choose the correct answer from the options given below:  
(A) a, b, d and e only  
(B) c, d and e only  
(C) b, c and d only  
(D) a, c and e only  
  
6.) Which of the following goods (commodities) have positive elasticities?  
a. Necessities  
b. Substitutes  
c. Luxury goods  
d. Complementary goods  
e. Inferior goods  
Choose the correct answer from the options given below:  
(A) a, b and c only  
(B) c, d and e only  
(C) a, c and d only  
(D) b, c and e only  
 
7.) Which of the following is NOT a characteristic of digital media?  
(A) Digital media is "pull" media  
(B) Mass customization is possible in digital media  
(C) Digital media is lean-back media  
(D) Digital media is intense media  
  
8.) Match List I with List II: 
LIST I (Change Consultant Function)  
a. Transcending 
b. Process-facilitating 
c. Shock-absorbing 
d. Resource-sharing 
LIST II (Consultant Role)   
i. Uses latest knowledge and a wide variety of experiences   
ii. Helps the system to confront reality   
iii. Takes an independent overall view   
iv. Is perceptive of the reality in the organisation  
Choose the correct answer from the options given below:  
(A) a - iii, b - ii, c - i, d - iv  
(B) a – iv, b – iii, c – i, d - ii  
(C) a – iii, b - iv, c – ii, d - i  
(D) a – iii, b – ii, c – iv, d - i  
  
9.) Consumer buying behaviour in situations characterized by high involvement but few perceived 
differences among brands is known as   
(A) Complex buying behaviour  
(B) Dissonance reducing buying behaviour  
(C) Habitual Buying behaviour  
(D) Variety seeking buying behaviour  
  
10.) Which of the following statements are applicable to Mckinsey's 7S framework?  
a. A priori, it is obvious which of the seven factors will be the driving force in changing a particular 
organisation at a particular point of time.  
b. Effective organisational change is the relationship between seven factors of the framework.  
c. Change in any one element effects change in other elements for effective organisational change.  
d. Framework can be used for facilitating organisational change.  
e. Strategy, Structure, Systems and Style are 'Hard S' of the Model while Staff, Skill and Shared 
values are the 'Soft S' of the framework.  
Choose the correct answer from the options given below:  
(A) a, b and d only  
(B) b, c and d only  
(C) a, b, c and d only  
(D) a, b, c and e only  
  
11.) Which of the following narratives explain the Leontief paradox in international business:  
(A) USA's exports were capital intensive and imports were labour intensive  
(B) USA's exports and imports both were capital intensive  
(C) USA's exports were labour-intensive and imports were capital intensive  
(D) USA's exports and imports both were labour-intensive  
  
12.) Which of the following is NOT an element of 'Trade-relations mix' in International Business?  
(A) Product variety  
(B) Price policy  
(C) Mutual service and responsibilities  
(D) Distributor's territorial rights  
  
13.) Arrange the following statements corresponding to different levels of Brand Dynamics 
Pyramid in a sequence starting with the base of the pyramid:  
a. Belief that the brand delivers acceptable product performance and is on the consumer's short-list  
b. Rational and emotional attachments to the brand to the exclusion of most other brands  
c. Active familiarity with the brand based on post trial, saliency or knowledge of the brand promise  
d. Relevance of brand to consumer's needs in the right price range or in the consideration set  
e. Belief that the brand has an emotional or rational advantage over other brands in the category  
Choose the correct answer from the options given below: 
(A) c, d, a, e, b  
(B) d, c, a, e, b  
(C) d, c, a, b, e  
(D) c, d, a, b, e  
  
14.) Population variance differ from sample variance in which of the following manner:  
a. µ ± 3s is replaced by x ¯ + 9 s
2
 
b. µ is replaced by x ¯ 
c. µ
2
 is replaced by 
µ
2
( n - 1 ) a
 
d. N is replaced by n -1  
e. N is replaced by n - 1 - a 
Choose the correct answer from the options given below:  
(A) b and d only  
(B) c, d and e only  
(C) a and e only  
(D) d and e only  
 
15.) Characteristics of industrial relations include:  
a. An outcome of employment relationships in an organisation  
b. Develop the skills and methods of adjusting to and cooperating with each other  
c. Create rules and regulations to maintain harmonious relations  
d. Government is not involved in shaping industrial relations  
e. Parties to industrial relations are employees, their organisations and employers  
Choose the correct answer from the options given below:  
(A) A, B, E only  
(B) A, B, C only  
(C) C, D, E only  
(D) A, B, C, E only  
  
16.) Following are the statements on the Mintzberg’s organisational type. Choose the correct 
statements:  
a. Entrepreneurial organisations primarily focus on skills standardization  
b. Professional organisations primarily focus on output standardisation  
c. Innovative organisations primarily focus on mutual adjustment  
d. Missionary organisations primarily focus on norms standardisation  
e. Innovative organisations do not focus on mutual adjustment  
Choose the correct answer from the options given below:  
(A) a, c, d and e only  
(B) a, b, c and e only  
(C) c and d only  
(D) a, b and e only  
  
17.) Which of the following are included in the work place diversity?  
a. Ethnicity  
b. Career experience  
c. Gender  
d. Geographic experiences  
e. Sexual orientation  
Choose the correct answer from the options given below:  
(A) A, C only  
(B) A, C, E only  
(C) B, D, E only  
(D) A, B, C, D and E  
  
18.) Arrange the following steps of job evaluation in the proper sequence: 
a. Review job descriptions and job specifications  
b. Select compensable factors  
c. Choose benchmark jobs  
d. Define each factor's degree  
e. Assign weights to compensable factors  
Choose the correct answer from the options given below: 
(A) a, e, b, d, c  
(B) c, b, e, d, a  
(C) a, c, b, e, d  
(D) c, b, e, a, d  
  
19.) Arrange the following types of intelligence which a computer can simulate in the ascending 
order:  
a. Visual-spatial  
Page 5


UGC NET Code 17 Management 16
th
 June 2023 
1.) Which one of the following is NOT a standard categorization of stress?  
(A) Acute stress  
(B) Imported stress  
(C) Chronic stress  
(D) Eustress  
  
2.) Which of the following motives were articulated by J. M. Keynes for holding cash?  
a. Precautionary  
b. Return generation  
c. Speculative  
d. Investment  
e. Transaction  
Choose the correct answer from the options given below:  
(A) a, b and c only 
(B) b, d and e only 
(C) a, c and e only 
(D) b, c and d only 
  
3.) Hofstede's dimensions of culture were based on a study conducted at:  
(A) Intel Ltd. 
(B) IBM  
(C) Pepsico  
(D) Microsoft  
  
4.) Which of the following economic identities states that One (1) extra percent unemployment 
costs two (2) percent of the Gross Domestic Product (GDP)?  
(A) Sacrifice ratio  
(B) Phillips curve  
(C) Misery index  
(D) Okun's law  
  
5.) Which of the statements are true of innovations?  
a. Innovations are a must to survive in business  
b. Discontinuous innovations lead to failures  
c. Continuous innovations do not disrupt established usage and behaviour patterns  
d. Line extensions are discontinuous innovations  
e. hi discontinuous innovations, there is a change not only in technology but also in behavioural 
patterns of usage and consumption  
Choose the correct answer from the options given below:  
(A) a, b, d and e only  
(B) c, d and e only  
(C) b, c and d only  
(D) a, c and e only  
  
6.) Which of the following goods (commodities) have positive elasticities?  
a. Necessities  
b. Substitutes  
c. Luxury goods  
d. Complementary goods  
e. Inferior goods  
Choose the correct answer from the options given below:  
(A) a, b and c only  
(B) c, d and e only  
(C) a, c and d only  
(D) b, c and e only  
 
7.) Which of the following is NOT a characteristic of digital media?  
(A) Digital media is "pull" media  
(B) Mass customization is possible in digital media  
(C) Digital media is lean-back media  
(D) Digital media is intense media  
  
8.) Match List I with List II: 
LIST I (Change Consultant Function)  
a. Transcending 
b. Process-facilitating 
c. Shock-absorbing 
d. Resource-sharing 
LIST II (Consultant Role)   
i. Uses latest knowledge and a wide variety of experiences   
ii. Helps the system to confront reality   
iii. Takes an independent overall view   
iv. Is perceptive of the reality in the organisation  
Choose the correct answer from the options given below:  
(A) a - iii, b - ii, c - i, d - iv  
(B) a – iv, b – iii, c – i, d - ii  
(C) a – iii, b - iv, c – ii, d - i  
(D) a – iii, b – ii, c – iv, d - i  
  
9.) Consumer buying behaviour in situations characterized by high involvement but few perceived 
differences among brands is known as   
(A) Complex buying behaviour  
(B) Dissonance reducing buying behaviour  
(C) Habitual Buying behaviour  
(D) Variety seeking buying behaviour  
  
10.) Which of the following statements are applicable to Mckinsey's 7S framework?  
a. A priori, it is obvious which of the seven factors will be the driving force in changing a particular 
organisation at a particular point of time.  
b. Effective organisational change is the relationship between seven factors of the framework.  
c. Change in any one element effects change in other elements for effective organisational change.  
d. Framework can be used for facilitating organisational change.  
e. Strategy, Structure, Systems and Style are 'Hard S' of the Model while Staff, Skill and Shared 
values are the 'Soft S' of the framework.  
Choose the correct answer from the options given below:  
(A) a, b and d only  
(B) b, c and d only  
(C) a, b, c and d only  
(D) a, b, c and e only  
  
11.) Which of the following narratives explain the Leontief paradox in international business:  
(A) USA's exports were capital intensive and imports were labour intensive  
(B) USA's exports and imports both were capital intensive  
(C) USA's exports were labour-intensive and imports were capital intensive  
(D) USA's exports and imports both were labour-intensive  
  
12.) Which of the following is NOT an element of 'Trade-relations mix' in International Business?  
(A) Product variety  
(B) Price policy  
(C) Mutual service and responsibilities  
(D) Distributor's territorial rights  
  
13.) Arrange the following statements corresponding to different levels of Brand Dynamics 
Pyramid in a sequence starting with the base of the pyramid:  
a. Belief that the brand delivers acceptable product performance and is on the consumer's short-list  
b. Rational and emotional attachments to the brand to the exclusion of most other brands  
c. Active familiarity with the brand based on post trial, saliency or knowledge of the brand promise  
d. Relevance of brand to consumer's needs in the right price range or in the consideration set  
e. Belief that the brand has an emotional or rational advantage over other brands in the category  
Choose the correct answer from the options given below: 
(A) c, d, a, e, b  
(B) d, c, a, e, b  
(C) d, c, a, b, e  
(D) c, d, a, b, e  
  
14.) Population variance differ from sample variance in which of the following manner:  
a. µ ± 3s is replaced by x ¯ + 9 s
2
 
b. µ is replaced by x ¯ 
c. µ
2
 is replaced by 
µ
2
( n - 1 ) a
 
d. N is replaced by n -1  
e. N is replaced by n - 1 - a 
Choose the correct answer from the options given below:  
(A) b and d only  
(B) c, d and e only  
(C) a and e only  
(D) d and e only  
 
15.) Characteristics of industrial relations include:  
a. An outcome of employment relationships in an organisation  
b. Develop the skills and methods of adjusting to and cooperating with each other  
c. Create rules and regulations to maintain harmonious relations  
d. Government is not involved in shaping industrial relations  
e. Parties to industrial relations are employees, their organisations and employers  
Choose the correct answer from the options given below:  
(A) A, B, E only  
(B) A, B, C only  
(C) C, D, E only  
(D) A, B, C, E only  
  
16.) Following are the statements on the Mintzberg’s organisational type. Choose the correct 
statements:  
a. Entrepreneurial organisations primarily focus on skills standardization  
b. Professional organisations primarily focus on output standardisation  
c. Innovative organisations primarily focus on mutual adjustment  
d. Missionary organisations primarily focus on norms standardisation  
e. Innovative organisations do not focus on mutual adjustment  
Choose the correct answer from the options given below:  
(A) a, c, d and e only  
(B) a, b, c and e only  
(C) c and d only  
(D) a, b and e only  
  
17.) Which of the following are included in the work place diversity?  
a. Ethnicity  
b. Career experience  
c. Gender  
d. Geographic experiences  
e. Sexual orientation  
Choose the correct answer from the options given below:  
(A) A, C only  
(B) A, C, E only  
(C) B, D, E only  
(D) A, B, C, D and E  
  
18.) Arrange the following steps of job evaluation in the proper sequence: 
a. Review job descriptions and job specifications  
b. Select compensable factors  
c. Choose benchmark jobs  
d. Define each factor's degree  
e. Assign weights to compensable factors  
Choose the correct answer from the options given below: 
(A) a, e, b, d, c  
(B) c, b, e, d, a  
(C) a, c, b, e, d  
(D) c, b, e, a, d  
  
19.) Arrange the following types of intelligence which a computer can simulate in the ascending 
order:  
a. Visual-spatial  
b. Logical mathematical  
c. Linguistic  
d. Interpersonal  
e. Bodily kinesthetic  
Choose the correct answer from the options given below: 
(A) c, d, a, e, b 
(B) c, a, d, e, b  
(C) a, c, e, b, d  
(D) a, c, b, e, d  
  
20.) Given below are two statements:  
Statement I: To exist and be successful in a competitive world a business has to be ethical.  
Statement II: An ethical organisation can be recognized on the basis of its corporate excellence 
and not on its relations with the stakeholders.  
In light of the above statements, choose the most appropriate answer from the options given below: 
(A) Both Statement I and Statement II are correct  
(B) Both Statement I and Statement II arc incorrect  
(C) Statement I is correct but Statement II is incorrect  
(D) Statement I is incorrect but Statement H is correct  
  
21.) Contrast to individual stocks, stability of Portfolio Risk (ß) dramatically increases with: 
a. High return portfolios ( ?? ?? > ?? ?? )  
b. Larger portfolios ( ?? ?? > 50)  
c. Longer investment duration ( ?? ?? > 26 weeks)  
d. Increased trading volume  
e. High premium portfolios ( ?? ?? > ?? ?? )  
Choose the correct answer from the options given below:  
(A) a, b and c only  
(B) b, c and d only  
(C) c, d and e only  
(D) a, d and e only  
  
22.) Match List I with List II: 
LIST I (Organisational Appraisal Techniques)  
a. Balanced Scorecard 
b. Economic Value-added Analysis 
c. VRJO framework 
d. Business intelligence 
LIST II (Names of Proposers)   
i. Barney   
ii. Howard J. Dresner   
iii. Stern Stewart & Company   
iv: Robert S. Kaplan and David P. Norton  
Choose the correct answer front the options given below:  
(A) a - iv, b, - i, c - iii, d - ii  
(B) a - iv, b - iii, c - i, d - ii  
(C) a - iii, b - iv, c - i, d - ii