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Management Questions PDF
Management Questions PDF
D. None of above
Answer optiona
Marks: 1
Chapter: 1
A. General
B. Chemical
C. Heat
D. All of above
Answer optiond
Marks: 1
Chapter: 1
3 Assigning each group according to the similar activities to be performed, to manager with the necessary authority to supervise them is called ____________.
A. Planning
B. Organizing
C. Controlling
D. Decision making
Answer optionb
Marks: 1
Chapter: 2
4 Out of the following options given below, which does not implies to equity?
A. Equal wages
B. Dignity
C. Fair
Answer optiona
Marks: 1
Chapter: 2
5 ................................is accountability, which is an obligation of a subordinate to his/her boss to perform the assign work.
A. Authority
B. Responsibility
C. Communication
Answer optionb
Marks: 1
Chapter: 3
D. No duplicate of work
Answer optiond
Marks: 1
Chapter: 3
7 ____________________ are expenses done for raising funds for running business.
A. Financial expenses
B. Purchases
C. Sales
Answer optiona
Marks: 1
Chapter: 5
A ______________ or flexible budget recognized the unreliability of income or sales prediction and makes provision in advanced for variation in production and
8
accordance with variations in sales
A. Fixed budget
B. Variable budget
C. Functional budget
Answer optionb
Marks: 2
Chapter: 5
Consider the following two statements. (1) Preference shares normally offer investors a lower level of risk than loan capital. (2) Preference shares are not norma
9
rights. Which ONE of the following combinations relating to the above statements is correct?
Answer optionc
Marks: 2
Chapter: 5
C. A and b both
D. None
Answer optionc
Marks: 1
Chapter: 6
11 Whenever a department needs an item, it is officially brought to the notice of the purchasing department by filing a purchase requisition from. The next step is_
B. Prepare a list of suppliers who deal with the business of the articles to be purchasing and are reliable
D. Prepare a comparative statement of the, terms and conditions mentioned in the quotation and then analyze them
Answer optiona
Marks: 2
Chapter: 6
12 Identify the system, which show the essential elements used in Master Production Schedule as its basis for any material control system.
A. MRP
B. ERP
C. EOQ
D. ABC
Answer optiona
Marks: 2
Chapter: 6
Six-sigma aims at improving processes and producing goods with zero defects and thus helps in improving productivity. (a) DMAIC and (b) DMADV are the tw
13
achieve this goal, from the figure and given options select the appropriate last two steps for both the methods.
A. (a) Implement, Control (b) Design, Verify
Answer optiona
Marks: 2
Chapter: 7
A. 1994
B. 1998
C. 2000
D. 2005
Answer optiona
Marks: 1
Chapter: 1
A. Planning
B. Organizing
C. Directing
Answer optiona
Marks: 1
Chapter: 2
16 Planning Means
Answer optiona
Marks: 1
Chapter: 2
17 Which is the Smart technique that allows everybody to do the job as per their Skills or Specialization.
A. Division of work
C. Discipline
Answer optiona
Marks: 1
Chapter: 2
A. Government Department
B. Public Companies
C. Public Corporations
Answer optionb
Marks: 1
Chapter: 3
19 In which of organization the sub-ordinates receive orders from their immediate boss
A. Line organization
C. Fanctional Organization
D. Product organization
Answer optiona
Marks: 1
Chapter: 3
A. Delegation of Authority
B. Responsibility
C. Effective Delegation
Answer optionc
Marks: 1
Chapter: 3
A. Partnership
C. Proprietorship
Answer optionc
Marks: 2
Chapter: 3
22 According to factory Act which of the following comes under health provision?
A. Fencing of Machinery
B. Cleanliness
C. safety guards
Answer optionb
Marks: 1
Chapter: 4
23 Which type of capital is used for all the current assets ( Possession or Property)
Answer optiona
Marks: 1
Chapter: 5
24 The Tax which is paid by Individual to the central Government of India is known as
A. Direct Tax
B. Indirect Tax
C. Secrvice Tax
D. Income Tax
Answer optiond
Marks: 2
Chapter: 5
Answer optiona
Marks: 1
Chapter: 6
Answer optionc
Marks: 1
Chapter: 6
A. ERP
B. MRP
C. MPR
D. None
Answer optiona
Marks: 2
Chapter: 6
28 The activites that ensures right material at right quantity and right in time belongs to
A. Purchase Department
B. Marketing Department
C. Design Department
Answer optiona
Marks: 2
Chapter: 6
A. To take essential steps so that the defective products should not reach to customers.
D. None of these
Answer optionc
Marks: 1
Chapter: 7
D. All of these
Answer optionb
Marks: 1
Chapter: 7
A. The organization must take care of the conformity of the product / service.
Answer optionc
Marks: 2
Chapter: 7
A. direct, indirect
B. bilateral, multilateral
C. internal, external
D. local, global
Answer optionb
Marks: 1
Chapter: 1
A. polythene
B. cotton
C. wool
D. jute
Answer optiona
Marks: 1
Chapter: 1
34 Business is the process of providing platform to the people to exhibit their ________________ and _______________ skills.
A. technical, economical
B. thinking, mental
C. technical, managerial
D. All of above
Answer optionc
Marks: 1
Chapter: 1
"Administration is concerned with the determination or planning of corporate policy whereas management is concerned with the execution or implementation o
35
the limits set" is stated by _____________________.
A. Oliver Sheldon
B. Henry Fayol
C. F. W. Taylor
D. Peter Drucker
Answer optiona
Marks: 1
Chapter: 2
A. F.W. Taylor
B. Henry Fayol
C. Peter Drucker
D. Mary Follet
Answer optionb
Marks: 1
Chapter: 2
A. effective management
B. delegation of authority
C. performance of employees
D. All of above
Answer optiond
Marks: 1
Chapter: 2
A. increase productivity
C. maintain standards
D. increase productivity, decrease overload of work and maintain standards
Answer optiond
Marks: 1
Chapter: 2
B. To distribute work
Answer optiond
Marks: 1
Chapter: 3
A. It is a joint business
D. No transfer of partnership
Answer optionc
Marks: 1
Chapter: 3
41 With________________, the top management can focus on strategic issues for finding new avenues and opportunities.
A. Authority
B. Responsibility
C. Centralisation
D. Decentralisation
Answer optiond
Marks: 1
Chapter: 3
42 The structure of Rubber Department shows the hiearchy level along with their executives. It has which type of Organizational structure?
A. Line organization
C. Project Organization
D. Functional Organization
Answer optiond
Marks: 2
Chapter: 3
43 A labour welfare officer is appointed in the factory as per factory act when there are minimum ____ workers.
A. 100
B. 300
C. 500
D. 1000
Answer optionc
Marks: 1
Chapter: 4
44 ___is a financial statement that summarized a company’s assets , liabilities and shareholder equity at a specific point in time.
A. Balance sheet
B. Budget
D. Account
Answer optiona
Marks: 2
Chapter: 5
Preparation of budget forecasts the future of the departments and company and due consideration is given on the basis of period, functions and flexibility. Ident
45
types of budgets according to their scope of use:
Answer optiond
Marks: 2
Chapter: 5
46 ____ is a list of component part and sub-assemblies needed to produce the final product.
A. MPS
B. MRP
C. BOM
D. ERP
Answer optionc
Marks: 1
Chapter: 6
A. financial
B. property protection
C. operational
Answer optiond
Marks: 1
Chapter: 6
D. preparation of purchase budget, track pending purchase order, issue and follow up purchase order
Answer optiond
Marks: 1
Chapter: 6
Answer optiond
Marks: 2
Chapter: 6
The process or approach as seen in the figure, attempts to consolidate all of a company’s departments and functions into a single computer system that services
50
department’s specific needs. Identify the system.
A. MRP
B. MRP-II
C. ERP
D. EOQ
Answer optionc
Marks: 2
Chapter: 6
B. Action
C. Product
D. Business
Answer optiona
Marks: 1
Chapter: 7
52 Select the correct functional role of (1) Planning system (2) Standard and process improvement system (3) Monitoring and evaluation system from the given QM
(1) System for ensuring the quality, consistency and continuity of strategies, programs and projects. (2) Mechanism for continous review, enhancement of system. (3)
A. and adjustment mechanisms to ensure efficiency and assurance of results.
(1) Quality control and adjustment mechanisms to ensure efficiency and assurance of results. (2) system for ensuring the quality, consistency and continuity of strat
B. and projects. (3) Mechanism for continous review, enhancement of system.
(1) Quality control and adjustment mechanisms to ensure efficiency and assurance of results. (2) Mechanism for continous review, enhancement of system. (3) System fo
C. quality, consistency and continuity of strategies, programs and projects.
(1) System for ensuring the quality, consistency and continuity of strategies, programs and projects. (2) Quality control and adjustment mechanisms to ensure efficie
D. assurance of results. (3) Mechanism for continous review, enhancement of system.
Answer optiona
Marks: 2
Chapter: 7
A. 1969
B. 1976
C. 1950
D. 1991
Answer optiona
Marks: 1
Chapter: 1
A. Polymer
B. Petrochemical
C. Paints
D. Sugar
Answer optiond
Marks: 1
Chapter: 1
A. Initiative
B. Dynamism
C. Leadership
D. Management
Answer optiona
Marks: 1
Chapter: 2
A. Controlling
B. Planning
C. Motivation
D. Decision- making
Answer optionc
Marks: 1
Chapter: 2
A. Line organization
B. Staff organization
C. Project organization
D. None of above
Answer optionb
Marks: 1
Chapter: 3
A. Earning profit
B. Earning fame
D. None of above
Answer optionc
Marks: 1
Chapter: 3
A. Partnership
B. Government sector
C. Proprietorship
D. Co-operative society
Answer optionc
Marks: 1
Chapter: 3
A. Worker
B. Management
C. Working Conditions
Answer optiond
Marks: 1
Chapter: 4
A. 100
B. 200
C. 150
D. 250
Answer optionc
Marks: 2
Chapter: 4
A. Next year
B. Last year
C. Running year
D. None of above
Answer optiona
Marks: 1
Chapter: 5
A. New stock
B. Safety stock
C. Confused Inventory
D. Unnecessary stock
Answer optionb
Marks: 1
Chapter: 6
64 Sustain in 5S is
A. Shitsuke
B. Seiri
C. Seiso
D. Seiketsu
Answer optiona
Marks: 1
Chapter: 7
C. Foreign bank
D. Co-operative bank
Answer optionb
Marks: 1
Chapter: 1
66 The assignment of each grouping to a manager with the authority necessary to supervise it' , is called as…..
A. Controlling
B. Organising
C. Staffing
D. Planning
Answer optionb
Marks: 1
Chapter: 2
A. Line organisation
B. Project organisation
C. Staff organisation
D. Functional organisation
Answer optiona
Marks: 1
Chapter: 3
A. Government department
B. Public corporation
C. Public company
Answer optiona
Marks: 1
Chapter: 3
Co-ordination in an organisation means: 1. complete control of the activites of the employees 2. To structure harmony among different units of the organisation
69
conflict and overlapping in the organization
A. code 1 & 2
B. code 1 & 3
C. code 2 and 3
Answer optionc
Marks: 2
Chapter: 3
70 Statement 1- Shareholders are owners of the company. Statement 2 - Debenture holders are creditors of the company.
B. 1 is correct, 2 is wrong
D. 1 is wrong, 2 is correct
Answer optionc
Marks: 2
Chapter: 5
71 ________ is the collective stock of items which is required for routine functioning of industry
A. Purchase
B. Inventory
C. Tool room
D. Vendor
Answer optionb
Marks: 1
Chapter: 6
72 Ups and Downs in consumption and delivery period are absorbed by _______
A. Buffer stock
B. EOQ
C. Procurement strategy
D. ERP
Answer optiona
Marks: 1
Chapter: 6
Answer optiona
Marks: 1
Chapter: 6
74 Statement 1- ERP gives transparency. Statement 2- Repetition of work is avoided due to ERP
C. 1 is correct, 2 is wrong
D. 1 is wrong, 2 is correct
Answer optiona
Marks: 2
Chapter: 6
C. A set of tools for planning and monitoring processes to achieve goals of the organisation
D. Option a & c
Answer optiond
Marks: 2
Chapter: 6
A. laons
B. commissions
C. shares
D. None of above
Answer optionb
Marks: 1
Chapter: 1
Answer optionc
Marks: 1
Chapter: 1
A. Life Insurance
B. General Insurance
C. All of above
D. None of above
Answer optionc
Marks: 1
Chapter: 1
79 Scalar chain is the ............................, which runs from top level to the lower level in the organization.
A. line of authority
B. plane of authority
C. path of authority
D. authority
Answer optiona
Marks: 1
Chapter: 2
Answer optiona
Marks: 1
Chapter: 2
A. Public sector
D. None
Answer optiona
Marks: 1
Chapter: 3
82 Biotechnology Information System, Network department of Consumer Affairs, and Department of Education etc, are which types of companies?
A. Government departments
B. Public companies
C. Public corporations
Answer optiona
Marks: 1
Chapter: 3
B. Cooperative society
C. Partnership
D. Proprietorship
Answer optiona
Marks: 2
Chapter: 3
84 If the factory employs more than 500 workers, it should appoint a qualified______________ to carry out the prescribed duties.
A. safety officer
B. welfare officer
C. security officer
D. none of these
Answer optionb
Marks: 1
Chapter: 4
85 ……………………..represents the quantities of the materials to be purchased and the estimated costs of the material
A. Sales budget
B. Production budget
C. Purchase budget
D. Materials budget
Answer optionc
Marks: 1
Chapter: 5
A. Profit maximization
B. Wealth maximization
D. All of above
Answer optiond
Marks: 1
Chapter: 5
A. income
B. expenses
C. excise
D. deferred
Answer optiond
Marks: 1
Chapter: 5
A. Below 60 years
C. Above 80 years
Answer optionb
Marks: 2
Chapter: 5
89 ……………………... is a planning technic that calculates material requirement and schedule supply to meet changing demand across all product and parts
A. TQM
B. ISO
C. MRP
D. QA
Answer optionc
Marks: 1
Chapter: 6
Answer optiond
Marks: 1
Chapter: 6
A. more funds
B. less funds
C. less space
D. more space
Answer optiona
Marks: 1
Chapter: 6
92 .............................. function can be defined as procuring different types of material for an organization from different sources
A. Purchasing
B. Procurement
C. Planning
D. Processing
Answer optiona
Marks: 1
Chapter: 6
D. inspection cost
Answer optiona
Marks: 2
Chapter: 6
94 In this Stock control chart, label the maximum stock level and minimum stock level –
Answer optiona
Marks: 2
Chapter: 6
B. Increase the cycle time for hiring and training new employees in organization
Answer optiona
Marks: 1
Chapter: 7
A. Quantity
B. Finance
C. HRD
D. Quality
Answer optiond
Marks: 1
Chapter: 7
Which of the following statements outline the relationship factor? (a) ISO 9000 and total quality are not in competition (b) ISO 9000 and total quality are not in
97
(c) ISO 9000 and total quality are compatible (d) ISO 9000 and total quality are in competition
Answer optiona
Marks: 2
Chapter: 7
A. Agriculture
B. Fishing
C. Service
D. Manufacturing
Answer optionc
Marks: 1
Chapter: 1
B. fiscal policy
C. global policy
Answer optiona
Marks: 1
Chapter: 1
A. ICICI
B. Allhabad
C. NABARD
D. AgroB
Answer optionc
Marks: 1
Chapter: 1
A. Physiological
B. Esteem
C. Social
D. Safety
Answer optiona
Marks: 1
Chapter: 2
A. Horizontal
B. Vertical
C. Both
D. None
Answer optionb
Marks: 1
Chapter: 3
A. Line organisation
B. Functional organisation
D. combined type
Answer optiona
Marks: 1
Chapter: 3
A. 50
B. 10
C. 7
D. No limit
Answer optiond
Marks: 2
Chapter: 3
105 Which is not included in the ' causes of accidents' due to nature
A. Floods
B. Gas leakage
C. Heavy rains
D. Temparature strokes
Answer optionb
Marks: 1
Chapter: 4
106 Minimum wages which are fixed are declared by government through
A. Newspaper
B. Magazine
C. Official gazatte
D. All
Answer optionc
Marks: 2
Chapter: 4
107 ________is the effective procurement of funds and their effective utilisation.
A. Accounts
B. Commerce
C. Finance
D. None
Answer optionc
Marks: 1
Chapter: 5
B. Production budget
C. Labour budget
D. Cash budget
Answer optiona
Marks: 1
Chapter: 5
B. 1 is wrong,2 is correct
C. 1 is correct,2 is wrong
Answer optionb
Marks: 2
Chapter: 5
D. All of above
Answer optiond
Marks: 1
Chapter: 6
A. Frequently
B. In immediate schedule
C. Infrequently
D. None
Answer optionc
Marks: 1
Chapter: 6
A. A
B. AC
C. S
D. None
Answer optionc
Marks: 1
Chapter: 6
A. MRP
B. MRP II
C. ERP
D. SAP
Answer optiona
Marks: 2
Chapter: 6
A. Steering committee
B. Circle leader
C. Circle member
D. Facilitator
Answer optiona
Marks: 1
Chapter: 7
Answer optionc
Marks: 2
Chapter: 7
A. extreme temperature
B. extreme lethargy
C. insufficient illumination
D. high humidity
Answer optionb
Marks: 1
Chapter: 4
A. his widow
B. major son
C. widowed mother
D. unmarried daughter
Answer optionb
Marks: 1
Chapter: 4
C. both 1 and 2
D. none
Answer optionc
Marks: 2
Chapter: 3
A. propertiership
B. partnership
C. private ltd
D. public ltd
Answer optiona
Marks: 1
Chapter: 3
Answer optiond
Marks: 1
Chapter: 3
A. line organisation
C. functional
Answer optiona
Marks: 1
Chapter: 3
Answer optiond
Marks: 1
Chapter: 3
123 ---------------------- activites includes communication among the different department which are dependet upon each other
A. controlling
B. movtivating
C. coordinating
D. diecision making
Answer optionc
Marks: 2
Chapter: 2
A. 10
B. 20
C. 14
D. 30
Answer optionc
Marks: 1
Chapter: 2
A. Division of work
C. discipline
Answer optiona
Marks: 1
Chapter: 2
A. planning
B. organisaing
C. directing
Answer optiond
Marks: 1
Chapter: 2
A. planning
B. organising
C. staffing
D. controlling
Answer optionc
Marks: 1
Chapter: 2
A. to provide certianty
B. to provie protection
C. share risk
Answer optiond
Marks: 1
Chapter: 1
A. IT
B. textile
C. banking
D. 1 and 3
Answer optionc
Marks: 1
Chapter: 1
A. Adult
B. Adoloscent
C. Child
D. Young person
Answer optiona
Marks: 1
Chapter: 4
A. fencing of machinery
B. cleanliness
C. washing facilities
Answer optionb
Marks: 1
Chapter: 4
132 A--------------------- is an instrument of management used as an aid in the planning programming and control of business activity
A. finanace
B. capital
C. budget
D. VAT
Answer optionc
Marks: 1
Chapter: 5
A. sales budget
B. factory capicity
Marks: 2
Chapter: 5
134 _______________________ is a comsption tax which is leveied at each stage of production based on valve added to the producty at that stages
A. finanace
B. capital
C. budget
D. VAT
Answer optiond
Marks: 2
Chapter: 5
A. planning
B. warehousing
C. storage manageemnt
Answer optiond
Marks: 1
Chapter: 6
D. Only a and b
Answer optiond
Marks: 1
Chapter: 7
A. Cleaning
B. Organization
C. Neatness
D. Standardization
Answer optionc
Marks: 1
Chapter: 7
A. A short period
C. A long period
D. None of these
Answer optiond
Marks: 1
Chapter: 5
B. Poor housekeeping
C. Protruding object
Answer optiond
Marks: 1
Chapter: 4
140 An adult as per Factories act, 1948 an adult is a person with age:
Answer optiona
Marks: 1
Chapter: 4
A. Common
B. Separate
C. Grouped
D. Special
Answer optiona
Marks: 1
Chapter: 3
A. Feedback
B. Noise
C. Span
D. Message
Answer optionc
Marks: 2
Chapter: 3
A. Members
B. Promoters
C. Company
D. None of these.
Answer optionc
Marks: 2
Chapter: 3
A. Standardisation
B. Scalar chain
C. Authority
D. Discipline
Answer optiona
Marks: 2
Chapter: 2
A. General Manager
B. Production Manager
C. Section head
D. Marketing manager
Answer optiona
Marks: 1
Chapter: 2
D. Sugar industries
Answer optionb
Marks: 1
Chapter: 1
A. Textile Industry
B. Banking Industry
C. Chemical Industry
D. Engineering Industry
Answer optiond
Marks: 1
Chapter: 1
A. Master budget
B. Materials budget
C. Cash budget
D. None of these
Answer optiond
Marks: 2
Chapter: 5
149 Which one of the following taxes is not charged by the state government?
A. Income tax
B. Land revenue
C. Luxury tax
D. Taxes on properties
Answer optiona
Marks: 2
Chapter: 5
150 The___ provides the information about when to order and how much to order.
A. MRP
B. ERP
C. Inventory
D. None of these.
Answer optiona
Marks: 1
Chapter: 6
A. Saves time
B. Saves cost
D. All of these
Answer optiond
Marks: 2
Chapter: 6
A. Process control
B. Performance testing
C. Reliability testing
D. All of these
Answer optiond
Marks: 1
Chapter: 7
153 Suppose a business requires 1000 units of a particular items. Which one of the following can provide the number of units to be purchased each time?
A. ERP
B. ABC analysis
C. ISO 9001
D. EOQ
Answer optiond
Marks: 2
Chapter: 7
A. Government
B. Industry
C. Market
D. Finance department
Answer optionc
Marks: 1
Chapter: 1
A. Big producers
B. Small producers
C. rural Producers
D. none of above
Answer optionb
Marks: 1
Chapter: 1
A. It is science
B. It is an Art
Answer optiond
Marks: 1
Chapter: 2
A. Controlling
B. Directing
C. Organising
D. Planing
Answer optiona
Marks: 1
Chapter: 2
A. Public Sector
B. Co-operative
C. Partnership
D. joint stock
Answer optiona
Marks: 1
Chapter: 3
B. Gropu Efforts
C. Accomplishing goals
D. All of these
Answer optiond
Marks: 1
Chapter: 3
Mr. Sunil’s one-day salary was deducted because of his uninformed leave, as he was already warned about this behaviour. It is an example of which method of sh
160
behaviours?
A. Reinforcement
B. Negative Reinforcement
C. Punishment
D. Positive Reinforcement
Answer optionc
Marks: 1
Chapter: 3
A. Ability
B. Stability
C. Flexibility
D. Balance
Answer optionc
Marks: 2
Chapter: 3
162 ___________ is a financial statement that summarizes a companys assests , liabilities and shareholders equity at a specfifc point in time
A. Balance sheet
B. Budget
C. Account
Answer optiona
Marks: 2
Chapter: 5
Identify important constituents of Total Quality Management from Following - i) Orderliness and Cleanliness ii) Punctuality and Continuous efforts iii)Custome
163
Standardization of work
A. Only i and ii
B. Only i
C. Only ii
Answer optiond
Marks: 2
Chapter: 5
164 In a car assembly factory the high value items like engine is given rating of…………..
A. Item A
B. Item B
C. Item C
D. None of abovess
Answer optiona
Marks: 1
Chapter: 6
A. Financial Module
D. Production Module
Answer optionc
Marks: 1
Chapter: 6
C. Improved Quality
Answer optionc
Marks: 1
Chapter: 6
A. ISO
B. MRP
C. TQM
D. EOQ
Answer optionb
Marks: 2
Chapter: 6
D. All
Answer optionb
Marks: 2
Chapter: 6
169 Kaizen is a Japanese technique. Kaizen word is formed from two characters KAI and ZEN in which
Answer optiona
Marks: 1
Chapter: 7
A. Quality Planning
B. Quality Control
C. a & b
D. None
Answer optionc
Marks: 1
Chapter: 7
A. Wealth Tax
B. Flat tax
C. Income tax
D. Excise Tax
Answer optiona
Marks: 2
Chapter: 5
A. Material Planning
B. Material Marketing
C. Material Sales
Answer optiona
Marks: 1
Chapter: 6
A. Total Cost
C. Primary Cost
Answer optionb
Marks: 1
Chapter: 6
174 Forecasting of resources, expenses & revenues is over a specified future period
A. Shares
B. Taxes
C. Debenture
D. Budget
Answer optiond
Marks: 1
Chapter: 5
A. Personal Management
B. Material Management
C. Operation Managenent
D. Financial Managment
Answer optiond
Marks: 1
Chapter: 5
A. Fixed capital
B. Working capital
D. None of abvoe
Answer optionc
Marks: 1
Chapter: 5
A. Small workshops
B. Military department
C. Government company
D. Tiny firms
Answer optionc
Marks: 2
Chapter: 3
B. Training
C. Goals establishment
D. Ego of speciality
Answer optionc
Marks: 1
Chapter: 3
A. Political interference
C. Less productivity
D. Unlimited liability
Answer optiond
Marks: 1
Chapter: 3
A. Controlling
B. Organising
C. Directing
D. Planning
Answer optionc
Marks: 1
Chapter: 2
A. Scaler chain
B. Initiative
C. Authority
D. Centralization
Answer optionc
Marks: 1
Chapter: 2
A. Chemical
B. Health care
C. Process
D. Textiles
Answer optiond
Marks: 1
Chapter: 1
183 Which of the mentioned option is related to goal to reduce the number of defects to as low as 3.4 parts per million.
A. Five -S ( 5S)
B. Departmentation
C. 6- Sigma
D. ERP
Answer optionc
Marks: 1
Chapter: 7
Answer optionc
Marks: 1
Chapter: 2
A. Proprietorship
B. Partnership
D. Co-operative society
Answer optiona
Marks: 1
Chapter: 3
A. Suppliers to SEZ
B. Export services
Answer optiond
Marks: 1
Chapter: 5
C. Both
D. None
Answer optiona
Marks: 1
Chapter: 5
188 1.Span of control 2.stability 3.flexibility 4.Delegation match these facts with following a.work adjustment b.tolerate loss c. allocation d.reporting of subordinates
Answer optiond
Marks: 2
Chapter: 3
A. Line Organization
B. Project Organization
C. Functional Organization
Answer optionc
Marks: 1
Chapter: 3
A. Military
B. Scalar
C. Automated
D. Both a and b
Answer optiond
Marks: 1
Chapter: 3
A. Planning
B. Organizing
C. Directing
D. all of above
Answer optiona
Marks: 1
Chapter: 2
A. Equity
B. Scalar chain
C. order
D. unity of command
Answer optiona
Marks: 1
Chapter: 2
193 ………... is important not only for the individuals but also for an organization too.
A. Division of work
B. Authority
C. Discipline
D. all of above
Answer optionc
Marks: 1
Chapter: 2
A. Liberalization
B. Globalization
C. Privatization
D. all of above
Answer optionb
Marks: 1
Chapter: 1
A. Henry Fayol
B. F W taylor
C. P F ducker
D. H Koontz
Answer optiona
Marks: 1
Chapter: 2
A. trading sector
B. allied sector
C. industrial sector
D. business sector
Answer optionc
Marks: 1
Chapter: 1
197 Legally _____ are not allowed but still they may exist with the consent of other partners
A. sleeping partner
B. secret partner
C. partner at will
D. none of above
Answer optiond
Marks: 2
Chapter: 3
198 Which one of the following is a cause of accident due to unsafe working conditions ?
A. earthquakes
B. oily floors
C. daydreaming
D. all of above
Answer optionb
Marks: 1
Chapter: 4
A. Finance
B. capital
C. budget
D. VAT
Answer optionb
Marks: 1
Chapter: 5
A. Fixed
B. Working
C. block
D. both a and c
Answer optiond
Marks: 1
Chapter: 5
201 Under sectioon 17 on the Income tax act 1961 _____ and ________ comes under heads of salry for which Income tax is applicable.
D. none of above
Answer optiond
Marks: 2
Chapter: 5
202 A ______ is an instrument of _________ used as an aid in planning,programming and control of business activity.
Answer optiona
Marks: 2
Chapter: 5
A. kaizen
B. Six Sigma
C. 5's'
D. C's'
Answer optiond
Marks: 1
Chapter: 7
Match the following options l) ISO 9000-2000 i) Quality management system guidelines m) ISO 9001-2000 ii) Quality management system vocabulary n) ISO900
204
Quality management system requirements
B. l-ii,m-iii, n-i
Answer optionb
Marks: 2
Chapter: 7
A. Primary
B. Secondary
C. Basic
D. Tertiary
Answer optiond
Marks: 1
Chapter: 1
A. Authority
B. Management
C. Discipline
D. Centralisation
Answer optiond
Marks: 1
Chapter: 2
207 Which is not the technique for effecting decision making in core company
A. Linear Programme
B. Simulation
C. Out sourcing
D. Dynamic Programming
Answer optionc
Marks: 2
Chapter: 2
Answer optiond
Marks: 1
Chapter: 3
A. 2
B. 5
C. 10
D. 20
Answer optiona
Marks: 1
Chapter: 3
210 One Ambulance room should be provided in a factory employ more than ----workers
A. 200
B. 300
C. 400
D. 500
Answer optionb
Marks: 2
Chapter: 4
A. Flexibility
B. Function
C. Mechanism
D. None
Answer optionc
Marks: 1
Chapter: 5
A. Placement officer
B. Post Office
C. Purchase order
D. None
Answer optionc
Marks: 1
Chapter: 6
A. On hand Inventory
B. Bill of Material
C. both
D. None
Answer optionc
Marks: 1
Chapter: 6
D. None
Answer optiona
Marks: 1
Chapter: 7
A. Sort
B. solve
C. Shine
D. Sustain
Answer optionb
Marks: 1
Chapter: 7
D. All
Answer optiond
Marks: 2
Chapter: 7
A. Sugar
B. Poultry
C. Paper
D. Jute
Answer optionc
Marks: 1
Chapter: 1
A. ISO-2001
B. ISO-2000
C. ISO-9010
D. ISO-9000
Answer optiond
Marks: 1
Chapter: 1
A. Argument
B. Problem
C. Perception
D. Expectation
Answer optionb
Marks: 1
Chapter: 2
A. Authority, Responsibility
B. Responsibility,Authority
C. Authority,authority
D. Responsibility,Responsibility
Answer optiona
Marks: 1
Chapter: 2
A. Board of Directors
B. Clerks
C. Workers
D. Branch Managers
Answer optiond
Marks: 2
Chapter: 2
B. Lack of specialisation
Answer optionb
Marks: 1
Chapter: 3
A. Responsibility
B. Delegation
C. Division of Authority
Answer optionb
Marks: 1
Chapter: 3
D. None of these
Answer optionb
Marks: 1
Chapter: 4
225 In which act "The aims to provide fair Wages to employed persons"
C. Insurance Act
D. None of these
Answer optiond
Marks: 2
Chapter: 4
A. It is time consuming
Answer optiond
Marks: 1
Chapter: 6
B. Cost of inspection
D. All
Answer optiond
Marks: 1
Chapter: 6
228 In graphical method of EOQ , the cost which is represented as straight inclined line is
A. Total Cost
C. Procurement cost
D. None of these
Answer optionb
Marks: 1
Chapter: 6
Answer optiona
Marks: 1
Chapter: 6
230 The safety stock of an inventory item is 100. The supply lead-time is two weeks and the average weekly demand is 100 units. Which one is the re-order level?
A. 100
B. 300
C. 200
D. 400
Answer optionb
Marks: 2
Chapter: 6
A. Management responsibility
B. Resource management
C. Producy realisation
D. All
Answer optiond
Marks: 1
Chapter: 7
A. Quality circles
B. Teamwork
C. Both A & B
D. None
Answer optionc
Marks: 1
Chapter: 7
A. Standardisation
B. Characterization
C. Identification
D. Optimization
Answer optiona
Marks: 1
Chapter: 7
D. All of above
Answer optiond
Marks: 1
Chapter: 2
A. 1%
B. 15% - 20%
C. 0%
D. 30% - 40%
Answer optionb
Marks: 1
Chapter: 1
A. Small businesses
B. Military
Answer optiond
Marks: 1
Chapter: 3
237 …… allows executive to give opportunity to his subordinate to think,make work related decision, and get developed
A. Delegation of authority
B. Responsibility
C. Effective Delegation
Answer optionc
Marks: 2
Chapter: 3
A. Mental distractions
Answer optiond
Marks: 1
Chapter: 4
A. Payment of light and telephone bills, water charges, municipality bills etc
D. Furniture
Answer optiond
Marks: 1
Chapter: 5
240 ………indicates the total sales in the year, when goods sold are returned are referred as sales return
A. Opening stock
B. Purchases
C. Sales
Answer optionc
Marks: 2
Chapter: 5
241 …….is a form of indirect tax imposed on specified services called "taxable services"
A. Direct Tax
B. Indirect Tax
C. Service tax
D. Income tax
Answer optionc
Marks: 2
Chapter: 5
A. Components and required raw material are available in right quantities at right time
B. Material resource planning is all about management of resources required for production
C. Both ( a ) and ( b )
D. None
Answer optiona
Marks: 1
Chapter: 6
243 …..is a list of component parts and sub-assemblies needed to produce the final product
A. MPS
B. MRP
C. BOM
D. ERP
Answer optionc
Marks: 2
Chapter: 6
244 In ABC temof inventory control, the material is divided in A,B and C categories on the basis of
A. Material quantity
Answer optionb
Marks: 2
Chapter: 6
D. None of these
Answer optiona
Marks: 1
Chapter: 7
Answer optiona
Marks: 1
Chapter: 7
A. Includes planing of the QMS for meeting the requirements of the standard and quality objectives
B. This clause covers defining of responsibility and authorities and its communication to everyone within an organization
C. Top management must make it sure that customer requirements are known and they are met with an objective of continuously increasing customer satisfaction
D. None of these
Answer optionb
Marks: 1
Chapter: 7
248 Which is included under fixed capital
A. Plant set-up
B. Water supply
C. Land
D. All
Answer optiond
Marks: 1
Chapter: 5
B. working hours
C. welfare of employee
Answer optiond
Marks: 2
Chapter: 4
A. Minor
B. Serious
C. Fatal
Answer optiond
Marks: 1
Chapter: 4
251 __________ is an activity which defines the steps of how and when work will be done effectively and efficiently.
A. Planning
B. Organizing
C. Staffing
D. Controlling
Answer optiona
Marks: 1
Chapter: 2
A. Trade
B. Service
C. Manufacturing
D. Economics
Answer optiona
Marks: 1
Chapter: 1
A. Allocation of funds
B. Investment of funds
C. Disposal of surplus
Answer optiond
Marks: 1
Chapter: 5
A. Courier
B. Telephone
C. Banking
D. Export services
Answer optiond
Marks: 2
Chapter: 5
A. Purchasing
B. Storing
C. Distributing
D. All
Answer optiond
Marks: 1
Chapter: 6
A. More attention
B. Average attention
C. Less attention
Answer optiona
Marks: 1
Chapter: 6
A. Fayol
B. Ishikawa
C. Juran
D. Lee Tsing
Answer optionb
Marks: 1
Chapter: 7
A. By selling product
B. Customer satisfaction
D. All of these
Answer optionb
Marks: 2
Chapter: 7
A. Line Organistion
B. Staff Organization
C. Functional Organisation
D. Matrix Organization
Answer optionc
Marks: 2
Chapter: 3
260 Which of the following type of business organization is owned by its customers?
A. A Partnership
C. A Retail Cooperative
D. A Franchise
Answer optionb
Marks: 1
Chapter: 3
261 All the following are characteristics of the sole proprietorships except
C. Liability is unlimited
Answer optionb
Marks: 1
Chapter: 3
A. Planning
B. Controlling
C. Leading
D. Organizing
Answer optiond
Marks: 1
Chapter: 2
263 Who defined management as "the art of knowing exactly what you want men to do and then see that they do it in the best & cheapest way"?
A. Henry Feyol
B. F.W.Taylor
D. Juran
Answer optionb
Marks: 1
Chapter: 2
264 The transfer of ownership of state property into the hands of the private individuals by the sale of state assets through auction is------------
A. privatization
B. Liberlization
C. Globalization
D. Domestication
Answer optiona
Marks: 1
Chapter: 1
A. Go for partnership
D. Create employment
Answer optionc
Marks: 1
Chapter: 1
A. create a customer
B. maximize profits
Answer optiona
Marks: 1
Chapter: 1
D. Increased Competetion
Answer optiond
Marks: 1
Chapter: 1
A. Private Ownership
Answer optionc
Marks: 2
Chapter: 3
Answer optionb
Marks: 1
Chapter: 4
270 Workplace related injuries, illnesses and deaths impose costs upon?
A. Employers
B. Employee
C. Community
Answer optiond
Marks: 1
Chapter: 4
271 What is the minimum number of workers required in a Factory for the mandatory appointment of safety officer?
Answer optiond
Marks: 1
Chapter: 4
Answer optiona
Marks: 1
Chapter: 5
C. Working Capital
D. Fixed Assets
Answer optiona
Marks: 1
Chapter: 5
274 The difference between Fixed cost & Variable cost assumes significance in preparation of the following budget-----------
A. Master Budget
B. Flexible Budget
C. Cash Budget
D. Capital Budget
Answer optionb
Marks: 1
Chapter: 5
A. Procurement
C. Deployment of Funds
Answer optiond
Marks: 2
Chapter: 5
B. Production Schedule
Answer optionb
Marks: 2
Chapter: 5
B. Total Inventory
Answer optiona
Marks: 1
Chapter: 6
B. Flow of Material
Answer optiona
Marks: 1
Chapter: 6
279 The ---- is the input to Material Requirement Planning,which lists the assemblies, sub asemblies, parts & raw materials needed to produce one unit of finsished p
A. Bill of Material
C. Inventory Records
Answer optiona
Marks: 2
Chapter: 6
A. Legacy System
B. Bolt Application
C. Operational database
D. Cybersoft
Answer optiond
Marks: 2
Chapter: 6
281 Which of the following is a highly structured technique, designed to keep personal interactions at a minimum?
A. Clustering
B. Brainstorming
D. Group Interview
Answer optionb
Marks: 1
Chapter: 7
Mr. XYZ is a manager in a manufacturing company, he attempt to establish a culture of quality affecting the attitudes and actions of every employee & relies on
282
that want to improve quality. He focuses on establishing-----
A. Knowledge Management
B. TQM
C. Operation Management
D. MIS
Answer optionb
Marks: 1
Chapter: 7
B. Cost driven
C. Management by Fact
D. Conformance to Specification
Answer optionc
Marks: 2
Chapter: 7
284 “No U Turn” sign board comes under which “S” of the 5S?
A. Seiri
B. Seiton
C. Seiso
D. Seiketsu
Answer optiond
Marks: 2
Chapter: 7
285 When using ABC approach to stock categorization which of the following desirable class ‘C’ Items?
Answer optiond
Marks: 1
Chapter: 6
Answer optionb
Marks: 1
Chapter: 6
A. Purchase Cost
B. Transport Cost
C. Import Duty
D. Selling Cost
Answer optiond
Marks: 1
Chapter: 6
A. Income Tax
B. Entertainment Tax
C. Profit Tax
D. Wealth Tax
Answer optionb
Marks: 2
Chapter: 5
289 Which of the following banks/institution acts as custodian of nation’s foreign exchange reserve?
C. IFCI
Answer optionc
Marks: 2
Chapter: 5
290 Which of the following is not one of the main objectives of material management?
Answer optionb
Marks: 1
Chapter: 5
Answer optiond
Marks: 1
Chapter: 5
A. Budget
C. Balance Sheet
D. Cash Account
Answer optiona
Marks: 1
Chapter: 5
293 ____________ tries to secure for the workers employment conditions conducive to their health and safety
Answer optionb
Marks: 2
Chapter: 4
294 Which of the following terms are defined in the Workemen Compensation Act 1923? (i) Dependant (ii) Disablement (iii) Workman (iv) Seaman
D. (iv) only
Answer optionb
Marks: 1
Chapter: 4
A. not preventable
B. Preventable
C. unavoidable
Answer optionb
Marks: 1
Chapter: 4
296 Which of the following are not included in "Wages"? (i) Dearness Allowance (ii) Bonus (iii) House Rent Allowance (iv) Basic Salary
D. (iv) only
Answer optionb
Marks: 1
Chapter: 4
297 Which of the following provisions do not come under the “Welfare provision” in the Factories Act 1948?
A. Washing Facility
B. Drinking Water
Answer optiona
Marks: 1
Chapter: 4
A. Large
B. Small
C. Medium
D. both A & C
Answer optiond
Marks: 1
Chapter: 3
A. Supplementary
B. Complementary
C. Contradictory
D. Inconsistent
Answer optionb
Marks: 2
Chapter: 3
300 The maximum number of shareholders allowed in a Public Limited Company is?
A. 20
B. 50
C. 100
D. No Maximum Number
Answer optiond
Marks: 2
Chapter: 3
301 Out of following forms, which form of organization is the oldest one?
B. Committee Organization
C. Functional organization
D. Line Organization
Answer optiond
Marks: 1
Chapter: 3
302 What is the term used to define the number of subordinates directly controlled by a manager?
A. Division Management
B. Departmentalization
C. Span of control
D. Investment Span
Answer optionc
Marks: 1
Chapter: 3
303 Which of the following is not the characteristic of top level management?
Answer optionc
Marks: 1
Chapter: 2
304 According to Fayol’s 14 principles of management, ‘esprit de corps’ refers to which of the following?
D. Spirit of work
Answer optionc
Marks: 1
Chapter: 2
305 All levels of management between the supervisory level & the top level of the organization are termed as
A. Middle Managers
B. Fisrt Line Manager
C. Supervisors
D. Foreman
Answer optiona
Marks: 1
Chapter: 2
306 In the last one decade, which one among the following sectors has attracted the highest foreign direct investment inflows into India?
B. Food Processing
C. Service Sector
D. Telecommunication
Answer optiond
Marks: 1
Chapter: 1
B. Line of Authority
C. Globalization
D. Unity of Command
Answer optionc
Marks: 1
Chapter: 1
308 LPG is aimed at making the India as fastest growing competitive economy through
B. Transperency Process
C. Reduced Corruption
Answer optiond
Marks: 1
Chapter: 1
A. Customers
B. People
C. Target Groups
D. Suppliers
Answer optionc
Marks: 1
Chapter: 1
310 A sales person can access the warehouse, inventory and delivery to give a customer a quick update on the status of his order through---------------
A. MRP
B. MPS
C. BOM
D. ERP
Answer optiond
Marks: 2
Chapter: 6
D. Average
Answer optionb
Marks: 1
Chapter: 7
A. Product by Product
B. Department by Department
C. Day by Day
D. Project by Project
Answer optiond
Marks: 1
Chapter: 7
313 Every subordinate should receive orders from & be accountable to only one superior is-------
A. Unity of Decisions
B. Unity of Command
C. Centralization
D. Scalar Chain
Answer optionb
Marks: 1
Chapter: 2
A. Same
B. Different
Answer optiond
Marks: 1
Chapter: 2
A. Elton Mays
B. Henry Fayol
C. F W Taylor
D. M P Follet
Answer optionc
Marks: 1
Chapter: 2
A. 12 Principles
B. 13 Principles
C. 14 Principles
D. 15 Principles
Answer optionc
Marks: 1
Chapter: 2
317 The manager of multinational company is located in France, India, Brazil & USA, which decision making technique seems most reasonable for this organization
B. A Brainstorming session
C. A nominal discussion
D. An Electronic Meeting
Answer optiond
Marks: 1
Chapter: 1
318 Men, Money, Material & Machines are included in
A. Factors of Production
B. Resources
C. Budget Preparation
D. Cost Analysis
Answer optionb
Marks: 1
Chapter: 1
319 Globalization is the process of integrating national economies into the international economy through trade, foreign investment, migration and
A. Communication
B. Spread of Technology
C. Transportation
Answer optionb
Marks: 1
Chapter: 1
A. Art
B. Science
D. Humanities
Answer optionc
Marks: 1
Chapter: 2
Answer optiona
Marks: 1
Chapter: 3
A. Persons
B. Machines
C. Product
D. Process
Answer optionc
Marks: 1
Chapter: 3
A. Territorial
B. Product
C. Customer
D. Process
Answer optiond
Marks: 2
Chapter: 3
Answer optiona
Marks: 1
Chapter: 4
A. Workman
Answer optionb
Marks: 1
Chapter: 4
Answer optiond
Marks: 1
Chapter: 5
A. Income Tax
B. Sales Tax
C. Licence Fee
D. Excise Duty
Answer optionc
Marks: 2
Chapter: 5
A. Cash in Hand
B. Cash at Bank
C. Debators
D. Creditors
Answer optiond
Marks: 2
Chapter: 5
A. A
B. B
C. C
D. Unpredicatble
Answer optionc
Marks: 1
Chapter: 6
Answer optiona
Marks: 1
Chapter: 6
Answer optionc
Marks: 1
Chapter: 6
332 Which of the following input data are needed for MRP ? (i) Master Production Schedule (ii)Inventory Position (iii) Machine Capacity (iv) Bill of Material
Answer optiond
Marks: 2
Chapter: 6
333 Six Sigma principle which is a philosophical benchmark or standard of excellence proposed by----------
A. Geinichi Taguchi
B. Edward Deming
C. Philip Crossby
D. Joseph M Juran
Answer optionb
Marks: 1
Chapter: 7
334 Select the odd one which is not the dimension of quality
A. Response
B. Reliability
C. Reputation
D. Reassurance
Answer optionc
Marks: 1
Chapter: 7
Answer optionb
Marks: 1
Chapter: 7
336 The company should exceed the customers expectations and lease him. This means giving the customer more than he ever thought possible. It is the ultimate goa
A. Globalization
B. TQM
C. MRP
D. Lean Manufacturing
Answer optionb
Marks: 2
Chapter: 7
B. Partnership
C. Private Ltd.
Answer optiond
Marks: 2
Chapter: 3
A. Assignment of duties
C. Identifying activities
D. Formulating plans
Answer optionb
Marks: 1
Chapter: 3
B. Work is divided
C. Authority is delegated
Answer optiona
Marks: 1
Chapter: 2
A. Team Work
B. Planning
C. Co-ordination
D. Authority
Answer optiona
Marks: 1
Chapter: 2
A. Human resources
B. Financial Resources
C. Growth
D. Technology
Answer optionc
Marks: 1
Chapter: 2
A. Max Life
B. Birla Sunlife
C. LIC
D. ICICI Prulife
Answer optionc
Marks: 1
Chapter: 1
343 VAT started in maharashtra from_____ and __________ business is liable according to VAT.
A. 2003 , Banking
B. 2004 , Exporters
C. 2005 , Importers
D. 2006 , Telephone
Answer optionc
Marks: 2
Chapter: 5
A. Material management
B. Inventory management
D. None of above
Answer optionb
Marks: 1
Chapter: 6
345 According to ISO 9001, inspection and testing comes under ____________
A. Process control
B. Document control
D. Servicing
Answer optiona
Marks: 1
Chapter: 7
Answer optionb
Marks: 1
Chapter: 7
Answer optionb
Marks: 1
Chapter: 6
Answer optionb
Marks: 1
Chapter: 6
A. working capital
B. overdraft
D. called-up capital
Answer optiond
Marks: 2
Chapter: 5
C. capacity of a warehouse
Answer optionb
Marks: 1
Chapter: 6
A. Retained Earnings.
B. Share Capital.
C. Dividend.
Answer optiona
Marks: 1
Chapter: 5
352 when a person gets salary a certain amount of tax is deducted at the source as per rules of that financial year -
A. sales tax
B. VAT
C. Income tax
D. wealth tax
Answer optionc
Marks: 1
Chapter: 5
353 The term " Account Recievables " come in________________ With reference to the term ` Debtors`
A. Investments
B. Goodwill.
C. Current liabilities
D. Current Asset.
Answer optiond
Marks: 2
Chapter: 5
A. Training to workers.
B. increase production
C. Overconfidence.
Answer optiond
Marks: 1
Chapter: 4
B. functional organization
C. line organization
Answer optiond
Marks: 2
Chapter: 3
356 The meaningful exchange of information between two or more participants is termed as
A. delegation
B. co-ordination
C. controlling
D. communication
Answer optiond
Marks: 2
Chapter: 3
357 Tata motors, Hindustan motors contribute in the development of the society has which type of organisation.
A. Private organisation.
B. public organisation
C. government organisation.
Answer optiona
Marks: 1
Chapter: 3
B. partnership company
C. ownership company
D. Co-operative company
Answer optiona
Marks: 1
Chapter: 3
359 The unbroken line of authority from highest to lowest level is known as-
A. stability
B. remuneration
C. scalar chain
D. team spirit
Answer optionc
Marks: 1
Chapter: 2
A. organising
B. staffing
C. co-ordinating
D. directing
Answer optionb
Marks: 1
Chapter: 2
In a XYZ company if the raw material required for manufacturing a product is not available on the given time, due to insufficient funds . Which level of manan
361
responsible ?
A. lower management
B. middle management
C. top management
D. none of these.
Answer optionc
Marks: 2
Chapter: 2
A. line organization
B. functional organization
Answer optiona
Marks: 1
Chapter: 3
363 HSBC is a
B. Schedule bank
C. Nationalised bank
D. Foreign bank
Answer optiond
Marks: 1
Chapter: 1
364 Following is a goal oriented, continious forward looking, choice making & integrated processs
A. organising
B. planning
C. co-ordinating
D. Staffing
Answer optionb
Marks: 1
Chapter: 2
C. Threat to terrorism
D. Both i & ii
Answer optiond
Marks: 1
Chapter: 1
366 To encourage competition and to remove trade restrictions a policy was established in 1948
A. WHO
B. LPG
C. GATT
D. IPR
Answer optionc
Marks: 1
Chapter: 1
A. 5%
B. 30%
C. 15%
D. 25%
Answer optionc
Marks: 1
Chapter: 1
A. Stability
B. Authority
C. Scalar Chain
D. Initiative
Answer optionb
Marks: 1
Chapter: 2
A. Desired results
B. Goal Achievement
C. Technology
D. Status in Market
Answer optionc
Marks: 1
Chapter: 2
A. Scope of functions
B. Number of Employees
C. Span of control
Answer optiond
Marks: 1
Chapter: 3
A. 50
B. 100
C. 500
D. no limit
Answer optiond
Marks: 1
Chapter: 3
A. Worker
B. Industry
C. Family of worker
D. All
Answer optiond
Marks: 1
Chapter: 4
A. Income tax
B. Excise
C. Sales
D. All
Answer optiond
Marks: 1
Chapter: 5
A. Capital Budget
B. Revenue Budget
C. Both
D. None
Answer optionb
Marks: 2
Chapter: 5
375 A' type of items has _____________ % importance due to consumption in ABC analysis
A. 10 - 20 %
B. 15 - 25 %
C. 40 - 50 %
D. 70 - 80 %
Answer optiond
Marks: 1
Chapter: 6
A. Storage Cost
B. Insurance
D. None
Answer optionc
Marks: 1
Chapter: 6
A. Cost is high
B. Time Consuming
Answer optionc
Marks: 2
Chapter: 6
A. Manager
B. Engineer
C. QC in charge
D. Customers
Answer optiond
Marks: 1
Chapter: 7
Answer optionb
Marks: 1
Chapter: 5
If any accident occurs on the premises of any employer which results in death of an employee or serious bodily injury to an employee, the employer must within
380
days of the death or serious bodily injury, send in the prescribed form a report to the _________________ for employee's compensation giving circumstances .
A. 8, Collector
B. 7,Commissioner
C. 10,Inspector
D. 11, Doctor
Answer optionb
Marks: 2
Chapter: 4
A. 2001
B. 2005
C. 2000
D. 2002
Answer optionb
Marks: 1
Chapter: 5
Answer optiond
Marks: 1
Chapter: 5
383 A document that authorizes one to carry out a specific job is called :
A. Factory act
B. Safety Schedule
C. Work permit
D. Lethargy
Answer optionc
Marks: 1
Chapter: 4
A. short circuit
B. Fuel
C. Ignition
Answer optiond
Marks: 1
Chapter: 4
A. Public limited
B. Private limited
C. Partnership
Answer optiond
Marks: 2
Chapter: 3
A. Public limited
B. Private limited
C. Partnership
Answer optionb
Marks: 2
Chapter: 3
A. Small Enterprises
C. Large Enterprises
Answer optionb
Marks: 1
Chapter: 3
A. Taylor
B. James watt
C. Gilberth
D. Peter Druker
Answer optionc
Marks: 1
Chapter: 2
A. Production
B. Plan
C. work
D. Administration
Answer optiond
Marks: 1
Chapter: 2
B. Transportation
C. Hospitals
D. Manufacturing
Answer optiond
Marks: 1
Chapter: 1
A. cement industry
B. Steel industry
C. Food industry
D. Heavy Engineering
Answer optiond
Marks: 1
Chapter: 1
A. 1950s
B. 1980s
C. 1990s
D. 1970s
Answer optionc
Marks: 1
Chapter: 1
393 A _____________ and a______________ are the two major books used to maintain accounts
Answer optionc
Marks: 2
Chapter: 5
394 Which Curve represent total cost curve as shown in the figure
A. A
B. B
C. C
Answer optiona
Marks: 2
Chapter: 6
395 ______________ and ____________ are the modern techniques of material management.
Answer optionb
Marks: 2
Chapter: 6
A. Energy Audit
C. Quality
Answer optionc
Marks: 1
Chapter: 7
A. standerdising
B. cleaning
C. arrangement
D. responsibilities
Answer optiona
Marks: 1
Chapter: 7
Answer optionc
Marks: 1
Chapter: 7
If , 1: Problem Selection, 2: Data Collection , 3: Recommendation, 4: Presentation to Management, 5: Review and Decision, 6: Implementation and Controll. Th
399
problemsolving are
A. 1 2 3 5 4 6
B. 1 2 3 4 5 6
C. 1 2 5 3 4 6
D. 1 2 3 5 6 4
Answer optionb
Marks: 2
Chapter: 7
400 The output of the ….. Sector may be information, service, attention, advice, experiences, discussion and the like
A. Service
B. Manufacturing
C. Engineering
D. Trade
Answer optiona
Marks: 1
Chapter: 1
A. Scientific management
B. Principles of management
C. Functions of management
Answer optiona
Marks: 1
Chapter: 2
A. Remuneration
B. Power
C. Responsibility
D. Position
Answer optionc
Marks: 1
Chapter: 2
A. Organisation chart
B. Delegation
C. span of control
Answer optiond
Marks: 1
Chapter: 3
A. Partnership deed
B. Partnership draft
C. Partnership Document
D. Partnership Sheet
Answer optiona
Marks: 2
Chapter: 3
A. Lack of concentration
B. Poor housekeeping
C. Mischievous behaviour
D. Overconfidence
Answer optionb
Marks: 1
Chapter: 4
406 The deviation of the actual from the standard is ______ in budget language.
A. Variance
B. Change
C. Difference
D. Drift
Answer optiona
Marks: 1
Chapter: 5
A. State Government
B. Central Government
D. All
Answer optionb
Marks: 1
Chapter: 5
A. Finance
B. Inventory management
C. HR
D. Administration
Answer optionb
Marks: 1
Chapter: 6
A. Minimum quantity
B. Maximum quantity
C. Optimum quantity
D. Average quantity
Answer optionc
Marks: 1
Chapter: 6
410 Statement 1- ERP integrates all data. Statement 2_ ERP covers only materials management
C. 1 is correct, 2 is wrong
D. 1 is wrong, 2 is correct
Answer optionc
Marks: 2
Chapter: 6
411 Which of the following is not one of the four primary management functions?
A. Controlling
B. Planning
C. Staffing
D. Organising
Answer optionc
Marks: 1
Chapter: 2
412 Statement 1- VAT is not simple & transparent Statement 1- VAT is progressive form of sales Tax.
Answer optionb
Marks: 1
Chapter: 5
413 ___________ are the finished goods lying in stock rooms and waiting dispatch.
A. Raw inventories
B. In process inventories
C. Finished Inventories
D. Indirect inventories
Answer optiond
Marks: 1
Chapter: 6
A. Equitable
B. Elastic
C. Convenient
D. Reduction of inequalities
Answer optionc
Marks: 2
Chapter: 5
415 Statement 1- Shares form the part of capital of company. Statement 2- Debenture is loan to company.
B. 1 is correct, 2 is wrong
D. 1 is wrong, 2 is correct.
Answer optionc
Marks: 1
Chapter: 5
B. Harmful aerosol
C. No proper ventilation
Answer optiond
Marks: 1
Chapter: 4
Rupesh started his own business and thinks to make the local corporater as partner.But the partner allows only using the goodwill and credit of his name. What
417
of local corporetor in Rupesh's business?
A. Active partner
B. Secret partner
C. Nominal partner
D. Sleeping partner.
Answer optionc
Marks: 2
Chapter: 3
A. Delegation of authority
B. Responsibility
C. Effective Delegation
Answer optionc
Marks: 1
Chapter: 3
419 __________ is accountability. It is an obligation of a subordinate to his/ her boss to do given work.
A. Authority
B. Responsibility
C. Communication
D. All of the above
Answer optionb
Marks: 1
Chapter: 3
Answer optiond
Marks: 2
Chapter: 2
A. Decision making
B. Policy making
Answer optiond
Marks: 1
Chapter: 2
422 __________ can be defined as the process of establishing the orderly use of resources by assigning and coordinating tasks.
A. Planning
B. Organizing
C. Directing
D. All of above
Answer optionb
Marks: 1
Chapter: 2
A. Planning
B. Organizing
C. Directing
D. Administration
Answer optiond
Marks: 1
Chapter: 2
424 The income of __________ mostly depends on the availability of leisure time and disposable income.
A. Agro Industry
B. Insurance Industry
C. Hospitality Industry
Answer optionc
Marks: 1
Chapter: 1
Answer optiona
Marks: 1
Chapter: 1
C. Greater productivity.
Answer optiond
Marks: 1
Chapter: 6
B. Quality Management
C. Quality Circle
D. Quality Assurance
Answer optiona
Marks: 1
Chapter: 7
A. Covers the planning related to designing and developing the services given by the organization.
B. Describes different types of controls that need to be kept on production and services.
C. Identification is to know what the product and service is And the traceability focuses on from where (processes) the product has come
D. All of above.
Answer optionc
Marks: 2
Chapter: 7
A. Service
B. Manufacturing
C. machining
D. trade
Answer optionc
Marks: 1
Chapter: 1
A. public relation
B. profit
C. goods
D. customer relations
Answer optionb
Marks: 1
Chapter: 1
A. Top Management
B. Middle Management
C. Frontline Management
D. Board of directors
Answer optiona
Marks: 1
Chapter: 2
432 Who is credited with having developed the concept of a priorty or hierarchy of needs?
A. F.W. Taylor
B. Abraham Maslow
C. Max Weber
D. Mary Follett.
Answer optionb
Marks: 1
Chapter: 2
A. 4,50
B. 2,50
C. 4,20
D. 2,20
Answer optionb
Marks: 1
Chapter: 3
A. Functional Organisation
B. Staff Organisation
C. Special Organisation
D. Line Organisation
Answer optiond
Marks: 1
Chapter: 3
A. Centralisation
B. Span of control
C. Decentralisation
D. None of Above
Answer optiona
Marks: 2
Chapter: 3
Answer optionc
Marks: 1
Chapter: 5
437 The utility of every machine or equipment decreases because of wear and tear during use, the reduction in value:
A. debenture
B. dispatch
C. dividend
D. depreciation
Answer optiond
Marks: 2
Chapter: 5
D. both a and c
Answer optionb
Marks: 1
Chapter: 6
Answer optiona
Marks: 1
Chapter: 6
Answer optiond
Marks: 2
Chapter: 6
441 In six sigma, how many employee are there per black belt?
A. 120
B. 150
C. 100
D. 125
Answer optionc
Marks: 1
Chapter: 7
442 Which one of the following processes is not a part of textile industry?
A. a. spinning
B. b. weaving
C. c. dying
D. d. polishing
Answer optiond
Marks: 1
Chapter: 1
A. a. F.W Taylor
B. b. Henry Fayol
C. c. Adam Smith
Answer optionb
Marks: 1
Chapter: 2
444 ‘The assignment of each grouping to the manager with the authority necessary to supervise it’ is called as ………….
A. a. Controlling
B. b. Organizing
C. c. Staffing
D. b. Planning
Answer optionb
Marks: 1
Chapter: 2
445 Due to unit of direction …
A. a. Authority delegated
B. b. Work is Dividend
Answer optionc
Marks: 1
Chapter: 2
446 The Communication process is said to be completed only when receiver has ___the message.
A. Received
B. Read
C. Understood
D. Seen
Answer optionc
Marks: 1
Chapter: 3
A. arranging
B. deciding
C. aligning
D. grouping
Answer optiond
Marks: 1
Chapter: 3
D. both A and B
Answer optiond
Marks: 2
Chapter: 3
A. a. a safety officer
B. b. a security
C. c. a purchase officer
D. d. a senior manager
Answer optiond
Marks: 1
Chapter: 4
450 On contravention of provisions of Factories Act, the occupier shall be liable for punishment of :
Answer optiona
Marks: 1
Chapter: 4
451 Accidents that are caused because of partial or no knowledge of process or may be because of physical weakness of theperson working is called :
D. d) None of above
Answer optionc
Marks: 1
Chapter: 4
452 is defined as an accounting record where all business transactions are originally entered or recorded.
A. Asset
B. Liability
C. Share
D. Journal
Answer optiond
Marks: 1
Chapter: 5
Answer optiona
Marks: 1
Chapter: 5
454 Interest paid on loan, interest on capital, discount on bills, bank charges, interest paid for bank OD (Over Draft) are examples of
A. Financial expenses
B. Purchases
C. Sales
Answer optiona
Marks: 2
Chapter: 5
D. (d) None
Answer optiona
Marks: 1
Chapter: 6
456 Limitation of ABC analysis is : seasonal variation of cost have no consideration in the analysis.
A. a. true
B. b. false
C. c. can't predict
D. d. partly true
Answer optiona
Marks: 2
Chapter: 6
A. 6,80,000
B. 6,90,000
C. 7,00,000
D. 6,70,000
Answer optionb
Marks: 1
Chapter: 7
A. Globalization
B. Privatization
C. Liberalization
D. L-P-G
Answer optiona
Marks: 1
Chapter: 1
459 The function of putting together the different parts of enterprise into working order is referred as-
A. Planning
B. Management
C. Organization
D. Administration
Answer optionb
Marks: 1
Chapter: 2
460 Amul Dairy industries refers to which of the following company type-
B. Ownership company
C. Partnership company
D. Co-operative company
Answer optiond
Marks: 1
Chapter: 3
461 Age, health ,fatigue and anxiety are the factors which are categorized as:
Answer optionb
Marks: 1
Chapter: 4
462 Major sources of for obtaining working capital are the commercial banks. They provide Finance in the form of:
Answer optiond
Marks: 2
Chapter: 4
463 A technique for determining the quantity and timing of dependent demand items -
A. EOQ
B. ABC analysis
C. MRP
D. BOM
Answer optionc
Marks: 1
Chapter: 5
464 Which of the following process includes the activities of planning, scheduling and controlling material
A. Material Management
B. Resource Management
C. Resource Planning
D. ERP
Answer optiona
Marks: 1
Chapter: 5
A Technique based on a very universal Pareto's Principal that a few high usage value items constitutes a major part of the capital invested in inventories, where
465
in inventory , having low usage value constitute insignificance part of the capital.
A. EOQ
B. ABC Analysis
C. a and b both
Answer optionb
Marks: 2
Chapter: 5
Answer optionb
Marks: 1
Chapter: 6
Mr. Ramesh is working in ABC Electronics ltd in the capacity of Foreman. One Day while working in the organization he met with an accident in which he has t
467
forehand . ABC Electronics is paying him fifty percent of his monthly wages in multiplication with relevant factor. Under which act he is eligible for the said am
Answer optionb
Marks: 2
Chapter: 6
Arrange the activities of purchasing procedure in the sequential form i) Receipt of quotation ii) selection of right source of supply iii) Receipt of purchase requis
468
comparative statement
A. i, iii, iv, ii
B. iii, i, iv, ii
D. i ,iv, iii, ii
Answer optionb
Marks: 1
Chapter: 7
A. a. Formulating plans
C. c. Identifying of activates
D. d. Assignment of duties
Answer optionb
Marks: 1
Chapter: 1
A. a. Downward
B. b. Upward
C. c. Both a and b
D. d. None
Answer optionb
Marks: 1
Chapter: 1
A. a. Freedom of work
C. c. Documentation is less
Answer optiond
Marks: 1
Chapter: 1
472 …………is the process of dividing large organisation into small and flexible administrative units.
A. a. Division formation
B. b. Defragmentation
C. c. Departmentation
D. d. None
Answer optionc
Marks: 1
Chapter: 2
473 ___is the legitimate power to exercise influence, make decision, carry out actions and to direct others.
A. Manager
B. Responsibility
C. Supervisor
D. Authority
Answer optiond
Marks: 1
Chapter: 4
474 The------ Budget is the forecast of the number of products that must be manfactured
A. sales budget
B. production budget
C. purchase budget
D. cash budget
Answer optionb
Marks: 1
Chapter: 5
A. first-aid appliances
C. fencing of machinery
Answer optiona
Marks: 2
Chapter: 5
476 With reference to fire extinguisher, get the odd the out?
A. Liquid
B. foam
C. gaseous
D. powder
Answer optiona
Marks: 1
Chapter: 6
D. d. none of these
Answer optiona
Marks: 1
Chapter: 6
A. a. employees
B. b. customers
C. c. dealers
D. d. retailer
Answer optiona
Marks: 2
Chapter: 6
479 Which one of the following is not one of the commitments of total Quality Management?
A. technical quality
D. employee involvement
Answer optiona
Marks: 1
Chapter: 7
A. Government
B. Finance Department
C. Industry
D. Market
Answer optiond
Marks: 1
Chapter: 1
A. Group of persons
B. Profit
C. Common aim
D. United together
Answer optiona
Marks: 1
Chapter: 3
A. Unfortunate
B. Mishappening
C. Sudden
Answer optiond
Marks: 1
Chapter: 4
483 Budgetary control is the important function of ______
A. Fixed capital
B. Working capital
C. Circulating capital
D. None
Answer optiona
Marks: 1
Chapter: 5
A. Inventory capacity
B. Land value
C. Urgency
Answer optionb
Marks: 1
Chapter: 5
A. Quantity
B. Money
C. Quality
D. Both a) & b)
Answer optionc
Marks: 1
Chapter: 5
A. Step form
B. Account form
C. Report form
D. None
Answer optionc
Marks: 2
Chapter: 5
A. Procurement cost
C. Total cost
D. Primary cost
Answer optiond
Marks: 1
Chapter: 6
C. Both a) & b)
D. None
Answer optionc
Marks: 2
Chapter: 6
A. MRP
B. MRPII
C. ERP
D. None
Answer optionc
Marks: 2
Chapter: 6
Answer optiond
Marks: 1
Chapter: 7
491 Privately owned business have one of their main objectives as the generation of
A. Equality
B. Loss
C. Profit
D. Service/society/nation
Answer optionc
Marks: 1
Chapter: 1
..…….may refer to a particular area of economic activity, such as the real estate business, computer business poultry, farming, telecommunication, shipping, tou
492
etc.
A. Agriculture
B. Business
C. Balance sheet
D. Budget
Answer optionb
Marks: 1
Chapter: 1
Answer optiond
Marks: 1
Chapter: 1
B. Feedback control
D. Reverse system
Answer optiona
Marks: 2
Chapter: 2
495 ‘Achievement due to one, will be shared by all others’ This happens in ……..
A. Limited partnership
B. General partnership
C. Both
D. None
Answer optionb
Marks: 1
Chapter: 3
496 Accident is
A. unforeseen mishap
B. uncontrolled mishap
C. sudden mishap
D. All of above
Answer optiond
Marks: 1
Chapter: 4
A. ignoring rules
Answer optionb
Marks: 2
Chapter: 4
____________ can be defined as it is that administrative area or set of administrative function in an organization which relate with arrangement of cash and cre
498
organization matters their means to carry out its objectives as satisfactorily as possible .
A. Finance
B. Capital
C. Budget
D. VAT
Answer optiona
Marks: 1
Chapter: 5
B. Doing research
C. Development
Answer optiond
Marks: 2
Chapter: 5
500 _________ can be defined as an attempt to balance inventory needs and requirements with the need to minimize costs resulting from obtaining and holdinginven
A. Finance management
B. Marketing management
C. Inventory management
D. None
Answer optionc
Marks: 1
Chapter: 6
A. Inventory management
B. Marketing management
C. Both
D. None
Answer optiona
Marks: 1
Chapter: 6
A. Raw inventories
B. In-process inventories
C. Finished inventories
D. Indirect inventories
Answer optionb
Marks: 1
Chapter: 6
A. Inventory analysis
D. All of these
Answer optiond
Marks: 1
Chapter: 6
D. None of these
Answer optiona
Marks: 1
Chapter: 7
505 _______________is the sale of goods and services to the end user
A. Retail
B. Bussiness
C. Globalization
D. Trade
Answer optiona
Marks: 1
Chapter: 1
506 The industry that refers to manufactring that is associated with formulas and manufacturing recipies is called as __________
A. Enginnering Industry
B. Process industry
C. IT industry
D. Banking Industry
Answer optionb
Marks: 1
Chapter: 1
The primary objective of ____________ was to make the economy of India the fastest developing economy in the globe with capabilities that help it match up wi
507
economies of the world.
A. Globalization
B. LPG Policy
C. Bussiness
D. Manufacturing
Answer optionb
Marks: 1
Chapter: 1
Answer optionc
Marks: 1
Chapter: 2
A. negative motivation.
B. positive motivation
C. extrinsic motivation.
D. intrinsic motivation
Answer optiond
Marks: 1
Chapter: 2
510 Making assignments, issuing orders and instructions, providing guidance and inspiration to subordinates for the achievement of organizational objective is calle
A. Planning.
B. Organizing.
C. Directing.
D. controlling.
Answer optionc
Marks: 2
Chapter: 2
A. Descision making
B. co-ordination.
C. organization.
D. control.
Answer optionc
Marks: 1
Chapter: 3
512 The process whereby a manger shares his work and authority with his subordinates is____________.
A. Decentralization.
B. Responsibility.
C. Delegation.
D. decision making.
Answer optionc
Marks: 1
Chapter: 3
A. 1,80,000
B. 1,40,000
C. 1,20,000
D. 1,60,000
Answer optionb
Marks: 1
Chapter: 4
A. Administration
B. Manual handling
C. Adequate lighting
D. Excessive noise
Answer optionb
Marks: 1
Chapter: 4
Answer optiona
Marks: 1
Chapter: 4
A. 1948
B. 1976
C. 1923
D. 1961
Answer optionc
Marks: 1
Chapter: 4
517 The financial statement that shows the financial position of an enterprise at a particular point in time is the:
B. Balance sheet
C. Income statement
Answer optionb
Marks: 1
Chapter: 5
Answer optionc
Marks: 1
Chapter: 5
A. Income tax
B. wealth tax
C. gift tax
D. service tax
Answer optiond
Marks: 1
Chapter: 5
A. Manufactured in India
B. Sold in India
Answer optiona
Marks: 2
Chapter: 5
A. reviewed frequently.
C. ordered frequently.
Answer optiond
Marks: 1
Chapter: 6
522 Which one of the following is not a requirement for effective inventory management?
Answer optiond
Marks: 1
Chapter: 6
523 ___________________ also called part lists or building lists is the document generated at the design stage
Answer optionb
Marks: 1
Chapter: 6
B. maximizes inventory.
Answer optionc
Marks: 1
Chapter: 6
525 An ERP system automates much of the “back-office” work involved in fulfilling customer demand. “Front-office”, in this context, refers to :
A. Information
B. Employees
C. Customers
D. Database
Answer optiond
Marks: 2
Chapter: 6
A. quality policy
B. Customer focus
C. Commitment
Answer optiona
Marks: 1
Chapter: 7
Answer optiond
Marks: 1
Chapter: 7
A. Quality Circle
C. TQM
D. None of these
Answer optiona
Marks: 1
Chapter: 7
529 The ISO quality assurance standard that applies to software engineering is
A. ISO 9000:2004
B. ISO 9001:2000
C. ISO 9002:2001
D. ISO 9003:2004
Answer optionb
Marks: 2
Chapter: 7
A. a direct tax
B. wealth tax
C. property tax
D. service tax
Answer optiona
Marks: 1
Chapter: 5
A. Arvind
B. Welspun
C. IBP
D. Century
Answer optionc
Marks: 1
Chapter: 1
A. To reduce uncertainty
B. To increase productivity
D. To get money
Answer optiond
Marks: 1
Chapter: 2
533 ___________ are Balaji Telifilms,Bank of Maharashtra,Bata India Limited,Bharat Fertilizers Ltd etc.
A. Government Departments
B. Public companies
C. public corporations
Marks: 2
Chapter: 3
A. Sleeping Partner
B. Active partner
C. Secret partner
D. Nominal partner
Answer optionb
Marks: 2
Chapter: 3
A. Salary
B. Business profits
D. All
Answer optiond
Marks: 1
Chapter: 5
_____________________ is the percentage of net earnings which is not paid out as dividends, but retained or kept by the company for reinvesting it for core bus
536
debt.
A. Retained earnings
B. Depreciation provisions
C. Deferred taxation
Answer optiona
Marks: 1
Chapter: 5
537 ________________ is an agreement in which customer can purchase goods on account that is without paying cash or paying the supplier at a later date.
A. Credit facilities
B. Trade credit
C. Shares
D. Debentures
Answer optionb
Marks: 2
Chapter: 5
D. All
Answer optionb
Marks: 2
Chapter: 5
Answer optiond
Marks: 1
Chapter: 6
B. Easier decision-making
Answer optiona
Marks: 2
Chapter: 6
541 Statement 1 - Quality circle is a problem solving technique Statement 2 - Quality circle is responsibility of management
C. 1 correct, 2 wrong
D. 1 wrong, 2 correct
Answer optionc
Marks: 1
Chapter: 7
542 When a worker works for _____ hours in a day or for more than 48 hours in any week, he shall be entitled to wages at the rate of twice his ordinary rate of wag
A. more than 9
B. less than 9
C. more than 8
D. less than 8
Answer optiona
Marks: 2
Chapter: 4
543 As per factory Act, a factory is a place which uses electricity for manufacturing process with minimum ________ workers.
A. 10 workers
B. 20 workers
C. 30 workers
D. 40 workers
Answer optiona
Marks: 1
Chapter: 4
544 In __________ firm there could be two or even more than two partners are there who share all profits and expeneses.
B. partnership
D. cooperatice organization
Answer optionb
Marks: 2
Chapter: 3
B. complication of functions
C. Differences of opinions
Answer optiond
Marks: 1
Chapter: 3
A. Sleeping Partner
B. Active partner
C. Secret partner
D. Nominal partner
Answer optionb
Marks: 1
Chapter: 3
A. Horizontal
B. Vertical
D. None
Answer optionc
Marks: 1
Chapter: 3
A. Leadership
B. Communication
C. Motivation
Answer optiond
Marks: 1
Chapter: 2
549 There are three conditions or factors that affects decision making as follows:
A. Certainty
B. Risk
C. Uncertainty
Answer optiond
Marks: 1
Chapter: 2
A. Henry Fayol
B. Drucker
C. Mery parker
D. Fayol
Answer optionc
Marks: 1
Chapter: 2
Answer optiond
Marks: 1
Chapter: 1
A. india
B. USA
C. Pakistan
D. Australia
Answer optiona
Marks: 1
Chapter: 1
A. Income
B. Property
C. Commodities
D. All
Answer optiond
Marks: 1
Chapter: 5
A. Progressive
B. Aggressive
C. Cumulative
D. None
Answer optiona
Marks: 1
Chapter: 5
555 __________________ include maintenance of office, administration and management of the company or organization.
A. Opening stock
B. Purchases
C. Sales
Answer optiond
Marks: 1
Chapter: 5
A. Block capital
B. Fixed capital
Answer optiond
Marks: 2
Chapter: 5
A. Telephone
B. Telegram
C. Postage
Answer optiond
Marks: 2
Chapter: 5
558 _______________ is an intelligent activity includes decision making, selection of vendors etc.
A. Purchasing
B. Purchasing department
C. Procurement
D. Purchase order
Answer optionc
Marks: 1
Chapter: 6
559 Slow, never ending, continuous improvement in all aspects of life is ________________
A. QA
B. QC
C. TQM
D. Kaizen
Answer optiond
Marks: 1
Chapter: 7
A. 40
B. 70
C. 50
D. none of above
Answer optionc
Marks: 1
Chapter: 1
A. Banking
B. IT
C. Textile
D. none of above
Answer optiona
Marks: 1
Chapter: 1
A. public
B. retail
C. service
D. none of above
Answer optionc
Marks: 1
Chapter: 1
A. plan
B. innovation
C. operation
D. vision
Answer optiond
Marks: 1
Chapter: 2
A. Regional Manager
B. Marketing Manager
D. Production Manager
Answer optionc
Marks: 1
Chapter: 2
D. none of above
Answer optionb
Marks: 1
Chapter: 2
566 Good _____ or salaries motivate people to work efficiently and make them satisfied and eventually they become loyal to the organization.
A. Unity of direction
B. Discipline
C. Remuneration
D. None of them
Answer optionc
Marks: 1
Chapter: 2
567 Arya Chanakya's Arthashatra written in the 3rd century BC provides guidelines for-
Answer optionc
Marks: 1
Chapter: 2
Answer optiond
Marks: 1
Chapter: 3
569 Which type of companies collects the capital from private partners?
A. Private limited
B. Public limited
C. Both i and ii
D. None
Answer optiona
Marks: 1
Chapter: 3
570 The _____ mainly focuses on the specialized area of the person and the person does the same job. This is also known as staff organization type.
A. Line organization
C. Functional organization
Answer optionc
Marks: 2
Chapter: 3
Match the pairs- 1. World bank a. No barriers to trade 2. International Monetary Fund b. Monetory policy 3. World Trade Organisation c. Basic health and edu
571
Reserve Bank of India d. Currency convertibility
Marks: 2
Chapter: 3
A. Fire hydrant
B. Fire mains
C. Fire extinguisher
D. None of these
Answer optionc
Marks: 1
Chapter: 4
A. Monday
B. Thursday
C. Weekly holiday
Answer optionc
Marks: 1
Chapter: 4
574 Knowledge of _______ and _______ is sufficient to understand the size, scale and financial position of a business.
B. Profit, Loss
C. Account, Revenue
D. Profit, Expenses
Answer optiona
Marks: 2
Chapter: 5
Answer optiond
Marks: 1
Chapter: 6
B. Inspection cost
Answer optiond
Marks: 1
Chapter: 6
A. Economy is buying
B. Continity to customers
D. None of these
Answer optionc
Marks: 2
Chapter: 6
578 "Red tags" are used in which step of 5 "S" ?
A. Set in order
B. Sort
C. Standardise
D. Sustain
Answer optionb
Marks: 1
Chapter: 7
D. None of these
Answer optionc
Marks: 1
Chapter: 7
580 Find the correct order for the sequence stages for development of quality management. 1. Quality Control 2. Inspection 3.Quality assurance 4.Total quality man
A. 2,3,1,4
B. 2,1,4,3
C. 1,2,3,4
D. 2,1,3,4
Answer optiond
Marks: 2
Chapter: 7
Answer optionb
Marks: 1
Chapter: 1
582 Which one is the process of getting activities completed efficiently and effectively with and through other people.
A. Leading
B. Controlling
C. Supervision
D. Management
Answer optiond
Marks: 1
Chapter: 2
A. Greater quality
B. Greater control
D. None of above
Answer optionb
Marks: 1
Chapter: 3
A. Process
B. Line
C. Staff
D. Functional
Answer optionc
Marks: 1
Chapter: 3
585 Preventive measures that can be taken related to working environment are ___
A. Atmospheric conditions
B. Dangerous fumes
Answer optiond
Marks: 1
Chapter: 4
A. Planning
B. Budgeting
C. Raising
Answer optiond
Marks: 1
Chapter: 5
587 The amount to be collected by a company is divided in equal number of parts known as -------
A. Shares
B. Capital
C. Management
D. None of these
Answer optiona
Marks: 1
Chapter: 5
588 When the company has confirmed export order and is in need of finance, the banks provide short term credits known as -
A. Export finance
B. Import duty
C. Import Finance
D. None of these
Answer optiona
Marks: 2
Chapter: 5
589 The purchasing function plays the role of mediator between _____ and ______ for purchase of material.
A. Vendor, control
B. Organization, control
C. Vendor, organization
D. Organization, vendors
Answer optionc
Marks: 2
Chapter: 6
A. Q chart
B. M chart
C. C chart
D. S chart
Answer optionc
Marks: 1
Chapter: 7
C. To the customer
D. To give training
Answer optionc
Marks: 1
Chapter: 7
A. Taking decisions
Answer optiond
Marks: 1
Chapter: 2
A. Regional Banks
B. Private Banks
C. Commercial Banks
D. All of above
Answer optiond
Marks: 1
Chapter: 1
A. Organisational leval
B. Scientific leval
C. strategical leval
Answer optionc
Marks: 2
Chapter: 2
A. Span of control
D. All of above
Answer optiond
Marks: 1
Chapter: 3
A. Departmentation
B. Administration
C. Functional organization
Answer optiona
Marks: 1
Chapter: 3
B. Partenership
C. Individual ownership
Answer optionc
Marks: 2
Chapter: 3
A. Joint stock
B. Partenership
C. Both i)&ii)
Answer optiona
Marks: 2
Chapter: 3
A. Machine
B. Natural Disaster
C. Management
D. worker
Answer optionc
Marks: 1
Chapter: 4
600 In which year was Factory act enacted to ensure the safety of workers?
A. 1952
B. 1948
C. 1975
D. 1980
Answer optionb
Marks: 1
Chapter: 4
D. All of above
Answer optiond
Marks: 2
Chapter: 4
602 An unsecured loan that one offers to company as a creditor is known as__________________
A. Shares
B. Debentures
C. Stakes
D. None
Answer optionb
Marks: 1
Chapter: 5
603 _______________ is a method of buying goods by making installment payments over the period of time
A. Bank loans
B. Hire purchase
Answer optionb
Marks: 1
Chapter: 5
604 Vijay received a car in his marriagefrom relatives of his uncle.Which tax will be applied on him
A. Income tax
B. Gift Tax
C. Service Tax
D. Estate Tax
Answer optionb
Marks: 2
Chapter: 5
A. Production budget
B. labour budget
C. Fixed budget
D. None of above
Answer optionb
Marks: 2
Chapter: 5
606 Which inventory includes the raw material required for industry ?
A. In-process inventory
B. Finished inventory
C. Indirect inventory
D. None of above
Answer optiond
Marks: 1
Chapter: 6
A. SAP
B. Peoplesoft
C. Tally ERP
D. None of above
Answer optiond
Marks: 1
Chapter: 6
A. EOQ analysis
B. ABC analysis
C. Purchasing analysis
D. All of above
Answer optionb
Marks: 2
Chapter: 6
A. 5' s
B. Six sigma
C. Kaizen
D. TQM
Answer optionb
Marks: 1
Chapter: 7
A. None of below
B. ISO:9001:2008
C. ISO:9001:2000
D. ISO:9001:1996
Answer optionc
Marks: 1
Chapter: 7
A. Measure ,Include
B. Manage,Indicate
C. Manage, Improve
D. Measure, Improve
Answer optiond
Marks: 1
Chapter: 7
A. Gilberth
B. F.W.Taylor
C. Henry Feyol
D. Prof. sam Ho
Answer optiond
Marks: 2
Chapter: 7
A. L-P-G
B. Globalization
C. Liberalization
D. Privatization
Answer optionb
Marks: 1
Chapter: 1
A. Scalar chain
B. Order
C. Equity
D. Unity of commands
Answer optionc
Marks: 1
Chapter: 2
A. Communication
B. Motivation
C. Leadership
Answer optionb
Marks: 1
Chapter: 2
A. Planning
B. Motivating
C. Decision making
Answer optionc
Marks: 1
Chapter: 2
617 If specialization or ________ is not used , the work done cannot be satisfactory.
A. Discipline
B. Division of work
Answer optionb
Marks: 1
Chapter: 2
618 Generally __________ flow of chain or direction of chain is from highest organization authority to the lower ranks
A. Scalar chain
B. Centralization
C. Discipline
D. Unity of commands
Answer optiona
Marks: 1
Chapter: 2
A. Coordinating
B. Decision making
C. Motivation
D. Controlling
Answer optionb
Marks: 1
Chapter: 2
A. Authority
B. Responsibility
C. Banking
Answer optionb
Marks: 2
Chapter: 2
621 _____ allows bending and blending without experiencing any grave setback or delay
A. Flexibility
B. Balance
C. Stability
Answer optiona
Marks: 1
Chapter: 3
A. Public corporation
B. Government departments
C. Public companies
Marks: 1
Chapter: 3
Answer optionb
Marks: 2
Chapter: 3
A. Fencing of machinary
B. Washing facility
C. Cleanliness
Answer optionc
Marks: 2
Chapter: 4
625 _______ is the life blood of a business enterprise.It is a universal lubricant which keeps an enterprise dynamic
A. VAD
B. Budget
C. Capital
D. Finance
Answer optionc
Marks: 1
Chapter: 5
Answer optionb
Marks: 1
Chapter: 5
A. Depreciation provision
B. Retained provision
C. Deferred provision
Answer optionc
Marks: 1
Chapter: 5
628 A _______ is one which relates to any of the function of an undertaking e.g sales , production , cash , etc.
A. Functional budget
B. Fixed budget
C. Variable budget
Answer optiona
Marks: 2
Chapter: 5
629 ________ is a form of Indirect tax imposed on specified services called " Taxable Services".
A. Service tax
B. Indirect tax
C. Direct tax
D. Income tax
Answer optiona
Marks: 2
Chapter: 5
630 _______ is made oup of list of the sub assemblies as well as components that makes up the end product .
B. Bill of material
Answer optionb
Marks: 2
Chapter: 6
A. Maximize quality
C. Increases the cycle time for hiring and training new employees in organization
Answer optionb
Marks: 2
Chapter: 7
A. Commitment to quality
Answer optiond
Marks: 2
Chapter: 7
A. Accounts
B. Finance
C. Ledger
D. Budget
Answer optiond
Marks: 1
Chapter: 5
A. Cumulative share
B. Fixed share
C. Deferred share
D. Preference share
Answer optionb
Marks: 1
Chapter: 5
A. Dependent
B. Workman
C. Minor
D. None of above
Answer optionc
Marks: 1
Chapter: 4
A. fatal
B. major
C. minor
Answer optiond
Marks: 1
Chapter: 4
A. Co-ordinate
B. Adaptive
C. Supportive
D. Financial
Answer optionb
Marks: 1
Chapter: 3
A. Effectiveness
B. Life
C. Quality
D. Skills
Answer optiona
Marks: 2
Chapter: 3
A. Product
B. Material
C. Finance
D. Market
Answer optiond
Marks: 1
Chapter: 2
A. To manage
B. Government policy
C. Supervise
D. Authority
Answer optiond
Marks: 1
Chapter: 2
A. To get money
C. To satisfy customers
Answer optiond
Marks: 1
Chapter: 1
642 What does a business provide to the custmer in exchange of their money
Answer optiona
Marks: 1
Chapter: 1
A. Salary
B. House property
C. Profit in business
Answer optiond
Marks: 2
Chapter: 5
D. None
Answer optiona
Marks: 2
Chapter: 5
A. Raw material
B. Indirect material
C. Work in progress
D. Finished goods
Answer optionb
Marks: 1
Chapter: 6
A. Production
B. Material
C. Design
D. None of these
Answer optionb
Marks: 1
Chapter: 6
647 In inventory management by ABC analysis A items most costly,item C are inexpensive and item B have cost between A and B which item is having highest inven
A. Item A
B. Item B
C. Item C
D. Item A and C
Answer optionc
Marks: 2
Chapter: 6
648 State owned or Co-operative businesses have one of their main objectives as the generation of………….
A. (a) Loss
B. (b) Profit
D. (d) none
Answer optionc
Marks: 1
Chapter: 1
A commercial, industrial of professional activity undertaken by an individual or a group, e.g. the purchase & Sale of goods, providing services etc. in an attempt
649
profit is called
A. (a) Budget
B. (b) Business
C. (c) Hospital
D. (d) Education
Answer optionb
Marks: 1
Chapter: 1
650 Following are mentioned few duties.Which is not the duty of management?
D. d)To do manufacturing
Answer optiond
Marks: 1
Chapter: 2
A. a)Responsibility
B. b)Centralisation
C. c)Authority
D. d)Discipline
Answer optionb
Marks: 2
Chapter: 2
652 Which type of organizational structure can be applied to small scale Industry?
A. Line
C. Functional
Answer optiona
Marks: 1
Chapter: 3
A. Repairing of Machines
D. Inspection
Answer optionb
Marks: 1
Chapter: 3
A. By Product
B. By Design
C. By Quality
Answer optiona
Marks: 1
Chapter: 3
A. Joint Stock
B. Proprietorship
C. Partnership
D. Dealership
Answer optiond
Marks: 2
Chapter: 3
B. b)Proper wages
Answer optiona
Marks: 1
Chapter: 4
A. a)Assets
B. b)Liabilities
C. c)Capital
Answer optiond
Marks: 1
Chapter: 5
A. Tax
B. Duty
C. Fines
Answer optiona
Marks: 2
Chapter: 5
A. a)Inland,Border
B. b)Border,Inland
C. c)Higher,lower
Answer optiona
Marks: 2
Chapter: 5
B. b)10-20%
C. c)70-80%
Answer optiona
Marks: 1
Chapter: 6
A. a)Material,Management,Money,Methodology,Mobility
B. b)Men,Machine,Money,Material,Method
C. c)Management,Marketing,material,Mobility,Men
Answer optionb
Marks: 1
Chapter: 6
A. a)Acquisition
C. c)Use of Inventories
Answer optiond
Marks: 2
Chapter: 6
Answer optionc
Marks: 2
Chapter: 6
A. To identify problems
C. Both a & b
Answer optiona
Marks: 1
Chapter: 7
Answer optionb
Marks: 1
Chapter: 7
A. a)Sorting
B. b)Straighten
C. c)Shining
D. d)Safety
Answer optiond
Marks: 2
Chapter: 7
667 Which one of the following is the leading software exporter from India?
A. a)Banglore
B. b)Hydrabad
C. c)Chennai
D. d)Mumbai
Answer optiona
Marks: 1
Chapter: 1
A. a)Working
B. b)Planning
C. c)organising
D. d)Leading
Answer optionb
Marks: 1
Chapter: 2
A. a)Forecasting
B. b)Planning
C. c)Mission
D. d)organising
Answer optiona
Marks: 1
Chapter: 2
670 The process of inspiring the subordinates to put in their best is known as
A. a)Motivation
B. b)Teamwork
C. c)Management
D. d)Leadership
Answer optiona
Marks: 1
Chapter: 2
A. a)Voice mails
B. b)publications
C. c)formal presentation
D. d)listening
Answer optiond
Marks: 1
Chapter: 2
672 For a manager,to control or direct the work to an employee,the manager must have
A. a)Line authority
B. b)responsibility
C. c)Referent power
D. d)Staff authority
Answer optiona
Marks: 1
Chapter: 3
A. Top management
B. Board of directors
C. Misddle management
D. Frontline Management
Answer optionc
Marks: 2
Chapter: 3
674 Getting work done with a minimum of effort,expense or waste is the definition of
A. Efficiency
B. Effectiveness
C. Productivity
D. Palnning
Answer optiona
Marks: 2
Chapter: 3
A. 6am to 6pm
B. period of 12 hours
Answer optiond
Marks: 1
Chapter: 4
A. financial control
B. control of cash
C. Management of earnings
Answer optiond
Marks: 1
Chapter: 5
Answer optiona
Marks: 1
Chapter: 5
678 ________budget is the projection of cash inflow & outflow for a particular time period in future
A. cash
B. sales
C. material
D. capital expenditure
Answer optiona
Marks: 1
Chapter: 5
A. a)sales
B. b)company
C. c)production
D. d)owner
Answer optionb
Marks: 2
Chapter: 5
A. a)true
B. b)false
C. c)cant predict
D. d)partly true
Answer optiona
Marks: 1
Chapter: 6
A. organise work
B. increase efficiency
D. all of these
Answer optiond
Marks: 1
Chapter: 7
A. problem identification
B. field visits
C. vendor surveys
D. problem analysis
Answer optiond
Marks: 2
Chapter: 7
B. To minimize wastage
C. To increase productivity
Answer optiona
Marks: 2
Chapter: 4
A. 6 hours
B. 8 hours
C. 9 hours
D. 10 hours
Answer optionc
Marks: 1
Chapter: 4
685 How many members are required to start a public limited company?
A. Minimum 7
B. Minimum 2
C. Minimum 3
Answer optiona
Marks: 2
Chapter: 3
Answer optiond
Marks: 2
Chapter: 3
A. 100
B. 150
C. 50
D. 60
Answer optionc
Marks: 1
Chapter: 3
A. Proprietorship
B. Private limited
C. Partnership
D. Joint stock
Answer optiona
Marks: 1
Chapter: 3
A. Balance
B. Stability
C. Flexibility
D. Progress
Answer optiona
Marks: 1
Chapter: 3
A. Delegation
B. Flexibility
C. Authority
D. Responsibility
Answer optiona
Marks: 1
Chapter: 3
A. Planning
B. Coordinating
C. Decision making
D. Staffing
Answer optiond
Marks: 2
Chapter: 2
A. Directors
B. CEO
C. General Manager
Marks: 1
Chapter: 2
A. Human relation
Answer optionb
Marks: 1
Chapter: 2
A. Textile Industry
B. Banking sector
C. IT Industry
Answer optionc
Marks: 1
Chapter: 1
Answer optiond
Marks: 1
Chapter: 1
696 Producing more useful product from raw material is known as____
A. Trading
B. Service
C. Designing
D. Manufacturing
Answer optiond
Marks: 1
Chapter: 1
A. Insurance companies
Answer optiond
Marks: 1
Chapter: 5
C. Only a
D. Both a& b
Answer optiond
Marks: 1
Chapter: 5
699 Debentures is an ________________
C. Only a
D. Both A & B
Answer optiond
Marks: 2
Chapter: 5
A. Shows productions
C. Shows departmental budget & Gives total no of estimation production, scheduling of operation
Answer optiond
Marks: 2
Chapter: 5
Answer optionb
Marks: 1
Chapter: 6
Answer optiona
Marks: 1
Chapter: 6
703 The cost represented by material fluctuates and may comprise between___ % of the total project cost.
A. 20-50%
B. 25-50%
C. 30-60%
D. 25-45%
Answer optiona
Marks: 2
Chapter: 6
B. 10 to 20%
C. 70 to 80%
Answer optionc
Marks: 2
Chapter: 6
A. Continuous improvement
Answer optionc
Marks: 2
Chapter: 7
Answer optiona
Marks: 1
Chapter: 1
707 Annual growth of approximate____is recorded in last five years by service industry.
A. A)10%
B. B)30%
C. C)20%
D. D)5%
Answer optionb
Marks: 1
Chapter: 1
A. Increased competition
Answer optiona
Marks: 1
Chapter: 1
A. Initiative
B. Scalar chain
C. Staffing
D. Responsibility
Answer optionc
Marks: 1
Chapter: 2
710 _____can be defined as the process by which a manager guides and influences the wotk of his subordinates
A. communication
B. leadership
C. motivation
Answer optionb
Marks: 1
Chapter: 2
A. Planning
B. Organizing
C. directing
Answer optiond
Marks: 1
Chapter: 3
Answer optiond
Marks: 2
Chapter: 3
A. Production stoppage
B. Injury to body
C. Loss of job
D. Financial loss
Answer optiona
Marks: 1
Chapter: 4
A. Retained earnings
B. Depreciation provisions
C. Deferred taxation
Answer optiond
Marks: 1
Chapter: 5
D. All
Answer optiond
Marks: 1
Chapter: 5
A. Master
B. Sales
C. Materials
D. Direct labour
Answer optionb
Marks: 2
Chapter: 5
717 ______is an instrument of management used as an aid in planning , programming and control of business activity
A. Finance
B. Capital
C. Budget
D. VAT
Answer optionc
Marks: 2
Chapter: 5
718 _____is the process of verifying or determining whether products or services meet or exceed customer expectations
A. Quality assurance
B. Quality Control
C. Quality circle
D. Quality management
Answer optiona
Marks: 2
Chapter: 7
A. ITES
B. Telecommunication
C. Both i&ii
D. None of above
Answer optionc
Marks: 1
Chapter: 1
A. 10
B. 20
C. 14
D. 30
Answer optionc
Marks: 1
Chapter: 2
A. responsbility
B. centralisation
C. authority
D. dicipline
Answer optionb
Marks: 1
Chapter: 2
A. unity of cammand
B. responsbility
C. stability
D. authority
Answer optionc
Marks: 1
Chapter: 2
A. written
B. non verbal
C. formal
D. both i&ii
Answer optionc
Marks: 1
Chapter: 3
Answer optiond
Marks: 1
Chapter: 3
A. organizational chart
B. delegation
C. integration
D. all
Answer optiond
Marks: 1
Chapter: 4
A. 7
B. 2
C. 10
D. 3
Answer optiond
Marks: 2
Chapter: 4
A. 0 to 1 year
B. 1 to 5 year
C. above 5 year
D. none
Answer optiona
Marks: 1
Chapter: 5
A. Opening stock
B. Purchases
C. Sales
D. All
Answer optiond
Marks: 2
Chapter: 5
729 C' types of items of inventory are generally ____%of all Inventories
A. 20
B. 30
C. 50
D. 80
Answer optionc
Marks: 1
Chapter: 6
A. simple
B. Complicated
C. Difficult
D. none
Answer optionb
Marks: 1
Chapter: 6
731 The ____ keeps a track of inventory status for each items in the database
A. lead time
B. BOM
D. Product structure
Answer optionc
Marks: 1
Chapter: 6
A. Compromised
B. Enforces discipline
C. invisible
D. none
Answer optiona
Marks: 1
Chapter: 7
733 _____ adopts the policy of zero defect . There is no scope for rework and rejection.
A. Deligation
B. Globalisation
C. TQM
D. EOQ
Answer optionc
Marks: 1
Chapter: 7
734 _____ realise on the use of normal distributions to predect defective rates
A. 5S
B. Six sigma
C. ERP
D. EOQ
Answer optionb
Marks: 2
Chapter: 7
735 ____ may result in 25 to 30 suggestion per employee , per year and over 90 % of those are implemented .
A. Kaizen
B. 5S
C. TQM
D. Six sigma
Answer optiona
Marks: 2
Chapter: 7
C. a&b
D. larger enterprises
Answer optionc
Marks: 2
Chapter: 3
A. specialization
B. departmentation
C. coordination
D. all of above
Answer optionb
Marks: 1
Chapter: 3
A. 1 to 10
B. 5 to 7
C. 2 to 20
D. all of above
Answer optionc
Marks: 1
Chapter: 3
A. project
B. line
C. process
D. functional
Answer optionc
Marks: 1
Chapter: 3
D. all of above
Answer optiond
Marks: 1
Chapter: 2
A. principle of management
B. functions of organization
C. theory of management
D. none of above
Answer optiona
Marks: 1
Chapter: 2
A. superintendents
B. supervisors
C. Owners
D. foreman
Answer optiona
Marks: 1
Chapter: 2
A. group of persons
B. goals
C. policies
D. b&c
Answer optiond
Marks: 1
Chapter: 2
A. forecasting
B. directing
C. motivation
D. purchasing
Answer optiond
Marks: 1
Chapter: 2
D. all of above
Answer optiond
Marks: 1
Chapter: 2
A. BHEL
B. Ranbaxy
C. Raymonds
D. RCF
Answer optionb
Marks: 1
Chapter: 1
A. sub dealer
B. distributer
C. retailer
D. all of above
Answer optiond
Marks: 1
Chapter: 1
A. goods
B. money
C. services
Answer optiond
Marks: 1
Chapter: 1
A. 7
B. 10
C. 20
D. 50
Answer optiona
Marks: 2
Chapter: 3
750 Which is a category of cause of accident
A. social
B. environmental
C. personal
D. b & c
Answer optiond
Marks: 1
Chapter: 4
A. furniture
B. land
C. equipments
D. all of above
Answer optiond
Marks: 1
Chapter: 5
B. ledger book
C. balance sheet
D. both A and C
Answer optiond
Marks: 1
Chapter: 5
753 A right granted to an individual or group to market a company's product within a certain territory is
A. trade credit
B. franchising
C. cash credit
D. discounting of bill
Answer optionb
Marks: 1
Chapter: 5
A. inventory policies
B. plant capacity
C. continuity of production
D. all of above
Answer optiond
Marks: 2
Chapter: 5
755 A detailed list of movable items which are required for manufacturing is
A. purchase order
B. inventory
C. balance sheet
D. account statement
Answer optionb
Marks: 1
Chapter: 6
D. b&c
Answer optiona
Marks: 1
Chapter: 6
C. only vital
D. only trivial
Answer optionb
Marks: 1
Chapter: 6
A. 15 to 25
B. 10 to 12
C. 50 to 60
D. 95 to 100
Answer optiona
Marks: 1
Chapter: 6
A. departmental stores
B. make-to-stock manufacturers
C. a & b
D. none of above
Answer optionc
Marks: 2
Chapter: 6
A. top management
B. facilitator
C. middle management
D. a&b
Answer optiond
Marks: 1
Chapter: 7
761 A nominated senior person of an area & ought to catalyze & stimulates the quality circles is
A. coordinator
B. facilitator
C. circle leader
D. member
Answer optionb
Marks: 1
Chapter: 7
Marks: 1
Chapter: 5
763 A --------- is a book or computer file in which all monetary transactions are originally entered.
A. Budget
B. Journal
C. An Account
D. Ledger
Answer optionb
Marks: 1
Chapter: 5
A. Gratuity
B. Travelling Allowance
C. P.F
D. All
Answer optiond
Marks: 1
Chapter: 4
A. No Autocracy
C. Easy to form
Answer optionc
Marks: 2
Chapter: 3
A. SSI
C. LSI
Answer optionb
Marks: 1
Chapter: 3
A. Line Organization
B. Functional Organization
Answer optionc
Marks: 1
Chapter: 3
B. They do investment
Answer optiona
Marks: 1
Chapter: 3
769 What is like a brake system in automobiles?
A. Management
B. Planning
C. Controlling
D. Directing
Answer optionc
Marks: 1
Chapter: 2
770 Insurance which provides protection against loss or damage caused by hurricanes..?
A. Volcano Insurance
B. Terrorism Insurance
D. Crop Insurance
Answer optionc
Marks: 1
Chapter: 1
A. Service
B. Manufacturing
C. Trade
D. Hospitality
Answer optiond
Marks: 1
Chapter: 1
A. Share Capital
Answer optionb
Marks: 2
Chapter: 5
773 Goodwill,Brands/trademarks,Compuer Software ,Mining rights,Copyrights & patents are known as------
A. Tangible Assets
B. Capital work-in-progress
C. Intangible Assets
D. None
Answer optionc
Marks: 2
Chapter: 5
774 "-----------" is a computer based system designed to streamline & integrate various operations & informations fows in the compony.
A. MRP
B. MPS
C. ERP
D. TQM
Answer optionc
Marks: 1
Chapter: 6
775 Economic Order Quantity of material takes into account ordering costs and -----------.
A. Carying Costs
B. Lead time
C. Re-order level
D. Maximum level
Answer optiona
Marks: 1
Chapter: 6
A. ISO
B. MRP
C. TQM
D. EOQ
Answer optionb
Marks: 2
Chapter: 6
A. Fixed
B. Variable
C. Semi-Variable
D. Indirect costs
Answer optionb
Marks: 2
Chapter: 6
D. None of these
Answer optiona
Marks: 1
Chapter: 7
A. Sort-Set in order-Shine-Sustain-Standardize
B. Sort-Set in order-Shine-Standardize-Sustain
C. Sustain-Standardize-Shine-Set in order-Sort
D. Set in order-Standardize-Shine-Sort-Sustain
Answer optionb
Marks: 2
Chapter: 7
A. primary sector
B. tertiary sectory
C. secondary structurs
D. manufacturing sector
Answer optiona
Marks: 1
Chapter: 1
781 the ------ sector of India attracts the highest foreign investment
A. chemical
B. pharmaceutical
C. textile
D. information technology
Answer optiond
Marks: 1
Chapter: 1
A. liberalisation
B. privatisation
C. modernisation
D. industralisation
Answer optiona
Marks: 1
Chapter: 1
A. F.W.Taylor
B. harold koontz
C. mary follet
Answer optiona
Marks: 1
Chapter: 2
A. Henry Feyol
B. F.W.Taylor
C. Gilberth
D. Juran
Answer optiona
Marks: 1
Chapter: 2
785 forecasting is
B. judgement of future
D. deciding in advance
Answer optionb
Marks: 1
Chapter: 2
A. responsibility
B. authority
C. supervision
D. controlling
Answer optionb
Marks: 1
Chapter: 2
787 Ashoka hotel near by house is owned by my friends father ,it is example of
A. proprietorship
B. Partnership
C. public sector
Answer optiona
Marks: 1
Chapter: 3
788 My friend met with a car accident because the brakes could not be applied this can be termed as which form of accident
A. Mechanical causes of an Accident
C. Human error
Answer optiona
Marks: 1
Chapter: 3
789 Various Cost associated with ordering and receiving goods are known as
A. holding cost
B. procurement cost
C. Resource Planning
D. inventory cost
Answer optionb
Marks: 1
Chapter: 5
A. EOQ
B. ABC Analysis
C. ERP
Answer optionc
Marks: 2
Chapter: 5
B. quality control
C. quality assurance
Answer optiona
Marks: 2
Chapter: 5
A. Pareto's chart
D. brainstroming
Answer optiona
Marks: 1
Chapter: 6
793 rajesh is an working for state electricity board, he has to attend a complain,before going to atttend the complain he has to take.
A. licence
B. work permit
Answer optionb
Marks: 2
Chapter: 6
A. production schedule
B. bill of materials
C. inventory records
D. details of the employees
Answer optiond
Marks: 1
Chapter: 7
A. A items
B. B items
C. Citems
Answer optiona
Marks: 1
Chapter: 7
A. Raw Inventory
B. In process inventory
C. Finish inventory
Answer optiond
Marks: 1
Chapter: 5
B. Payment of employees
Answer optiona
Marks: 1
Chapter: 4
A. Technical cause
B. Mechanical cause
C. Personal factor
Answer optiond
Marks: 1
Chapter: 3
799 ________is the ability to influence or to cause a person to perform and act.
A. Power
B. Authority
C. Position
D. Efficiency
Answer optionb
Marks: 1
Chapter: 3
A. Team work
B. Combined efforts
C. Responsibility on all
Answer optiond
Marks: 1
Chapter: 3
A. Designing
B. Organising
C. Planning
D. Staffing
Answer optionc
Marks: 1
Chapter: 2
A. Man
B. Motivation
C. Machine
D. Money
Answer optionb
Marks: 1
Chapter: 2
A. 1950
B. 1947
C. 1948
D. 1951
Answer optionb
Marks: 1
Chapter: 1
A. Globalization
B. Privatization
C. Liberalization
D. Industrialisation
Answer optiona
Marks: 1
Chapter: 1
A. Quality
B. Quantity
C. Accidents
Answer optiona
Marks: 2
Chapter: 5
B. motivated employees
C. Continued improvement
Answer optiond
Marks: 2
Chapter: 5
A. Relative
B. vacuum
C. Absolute
Answer optiona
Marks: 1
Chapter: 6
A. Single ownership
B. Partnership
Answer optionc
Marks: 1
Chapter: 6
B. Evaluation
C. Analysis
Answer optiond
Marks: 1
Chapter: 6
810 To prevent exploitation of the employess,this act aims at fixing minimum wages which they must get,
Answer optionb
Marks: 2
Chapter: 6
811 Identify the business sector which make a product from raw material or a component parts , which then they sell at a profit from the following lists of business s
A. a) Service providers
B. b) manufacturing
C. c) trade
D. d) none of these
Answer optionb
Marks: 1
Chapter: 1
A. a) an art
B. b) science
D. d) None of these
Answer optionc
Marks: 1
Chapter: 2
Marks: 1
Chapter: 2
814 The function of management by which it transfers its ideas and information to subordinates is called :
A. a) Planning
B. b) controlling
C. c) Motivating
D. d) Directing
Answer optiond
Marks: 1
Chapter: 2
A. a) Discipline
B. b) Initiative
C. c)Division of work
Answer optiond
Marks: 1
Chapter: 2
A. Functional Organisation
B. Specilisation
C. Types of Products
Answer optiond
Marks: 1
Chapter: 3
C. Military
Answer optionc
Marks: 1
Chapter: 3
A. Sole Proprietorship
B. Partnership
Answer optiond
Marks: 1
Chapter: 3
A. Departmentation by function
B. Departmentation by product
C. Departmentation by process
D. Departmentation by location
Answer optionc
Marks: 1
Chapter: 3
820 Figure shows organisation structure of one of the departments of ABC Cars Limited . Identify the Method of Departation ?
A. Departmentation by function
B. Departmentation by product
C. Departmentation by process
D. Departmentation by location
Answer optionb
Marks: 2
Chapter: 3
A. a) Minor Accidents
B. b)Fatal Accidents
C. only a
D. a and b both
Answer optiond
Marks: 1
Chapter: 4
822 Which of the following are silent features of Employee's State Insurance Act ,1948 ?
C. a and b both
Answer optionc
Marks: 1
Chapter: 4
823 Find the odd one out from the Industrial Acts listed below :
Answer optiond
Marks: 1
Chapter: 4
In a Medium scale industry , while operating a machine a worker was seriously injured . He was immediately taken to hopistal but he is affected by fatal acciden
824
mean by fatal accident ?
A. a) Hospitalisation
B. b) Permanent Diasability
C. c) Major fracture
D. d) Death
Answer optiond
Marks: 2
Chapter: 4
Answer optionb
Marks: 1
Chapter: 5
Answer optiond
Marks: 1
Chapter: 5
C. A and B Both
D. None of these
Answer optionc
Marks: 2
Chapter: 5
828 Figure shows a format of Annual Budget of KGTD Blow Plasts Limited. Identify the type of budget to be filled in at the blank space provided in budget sheet.
A. a) Production Budget
B. b) Sales Budget
C. c) Financial Budget
D. d) None of these
Answer optionb
Marks: 2
Chapter: 5
Answer optiond
Marks: 1
Chapter: 6
830 In ABC Analysis which of the following inventory needs full record -keeping treatment and a regrious observation on stock positions of these items ?
A. a)C
B. b)A
C. c)B
D. d) a and b both
Answer optionb
Marks: 1
Chapter: 6
In an automobile industry the various items are classsified into 'A','B' and 'C' . In which item A needs full record keeping , item B needs medium record keeping
831
whereas item C may not require much record keeping. In this system of inventory control the material is devided into A,B, and C on the basis of-
A. a) Material Quantity
Answer optionc
Marks: 2
Chapter: 6
A. 5S
B. Six Sigma
C. Kaizen
Answer optionb
Marks: 1
Chapter: 7
An organisation need a documented procedure to control quality documments. In that case everyone must access to up -to-date documents and be aware of how
833
a clause -
A. Factory Act
B. ISO: 9001
Answer optionb
Marks: 1
Chapter: 7
Figure shows Principle of 5 'S' refers to Japanese words which have been translated into English language. Fill in the appropriate words in the figure at S2 and
834
complete 5'S' principle.
A. a) S2-Sort , S4 -Systemize
B. a) S2-Systemize , S4 - Sort
D. a) S2-Systemize , S4 -Solve
Answer optiona
Marks: 2
Chapter: 7
835 Laying out plants,designing and manufacturing machines for industry is done by ------------------- engineering industry
A. Industrial
B. civil
C. mechanical
D. chemical
Answer optiona
Marks: 1
Chapter: 1
A. Coordinating
B. Decision making
C. motivating
Answer optiond
Marks: 1
Chapter: 2
A. Behavioral school
B. systems school
C. Classical school
Answer optionc
Marks: 1
Chapter: 2
838 The number of people working at the lower level is ---------------- than that of higher level
A. More
B. Equal
C. Less
Answer optiona
Marks: 1
Chapter: 2
A. Policy making
B. Decision making
Answer optiond
Marks: 1
Chapter: 2
A. Forward-looking
B. Intelligent
C. Honest
Answer optiond
Marks: 2
Chapter: 2
Answer optiond
Marks: 1
Chapter: 3
A. Establishing realationsahip for the purpose of enabling people to work most effectively together in accomplishing objectives
Answer optiond
Marks: 1
Chapter: 3
843 The ___________________ makes a combination of the line organization with the staff departments that helps and advice line departmets
A. Line organization
C. Functional organization
Answer optionb
Marks: 1
Chapter: 3
844 The partner who contibutes capital,shares profit and losses of the firm but does not contribute in day to day activities or affairs of the firm is called --------------
A. Nominal Partner
B. Minor Partner
C. Sleeping Partner
D. Secret Partner
Answer optionc
Marks: 1
Chapter: 3
B. public companies
C. public corporations
Answer optionc
Marks: 2
Chapter: 3
Company "X" has limited number of share holders and the scope of business is limited where as company "Y" has unlimited number of share holders and has a
846
business. So "Y" comes under which category?
B. Ownership Company
C. Cooperative organization
Answer optiond
Marks: 2
Chapter: 3
847 Which out of the following is not a mechanical factor or cause of accidents ?
C. protruding nails
Answer optiona
Marks: 1
Chapter: 4
Answer optiona
Marks: 1
Chapter: 5
Answer optionb
Marks: 1
Chapter: 5
------------------- is one or more source of capital where the person uses his/her own funds from different sources like savings,investments in share market, mutual
850
deposits etc.
A. Retained earnings
B. Depreciation provisions
C. deferred taxation
Answer optiond
Marks: 1
Chapter: 5
851 The ----------------- depends upon the ability to perfect income,sales or shipments with atleast a no provision is made for any changes may occur during period.
A. Fixed budget
B. Variable budget
C. functional budget
Answer optiona
Marks: 2
Chapter: 5
A. Retained earnings
C. Personal funds
D. Fixed Assests
Answer optionb
Marks: 2
Chapter: 5
853 ----------------- include lubricants and other items needed for proper operation.
A. Raw Inventories
B. In-process inventories
C. Finished inventories
D. Indirect inventories
Answer optiond
Marks: 1
Chapter: 6
854 ------------------ is made up of list of the sub assemblies as well as components that make up the end product.
C. Bill-of-material
Answer optionc
Marks: 2
Chapter: 6
855 ------------- is a small group of employees of the same work area,doing similar work that meets voluntarily and regularly to identify,analyze and resolve work rela
A. Quality circle
B. Quality control
C. Quality
Answer optiona
Marks: 1
Chapter: 7
856 ---------------- is the process for verifying or determining whether products or services meet or exceed customer expectations.
A. Quality Management
B. Quality control
C. Quality Assurance
D. Quality Circle
Answer optionc
Marks: 1
Chapter: 7
857 Quality is a relative term & is used with reference to the end use of
A. Product
B. Quantity
C. ERP
D. MRP
Answer optiona
Marks: 1
Chapter: 7
A. Raw material
B. Work in Progress
C. Finished Products
D. All
Answer optiond
Marks: 2
Chapter: 6
859 A medium to long term debt instrument bearing fixed interest issued by a company is referred to as ..
A. Shares
B. Debentures
C. Fixed Deposit
D. All
Answer optionb
Marks: 2
Chapter: 5
A. Income Tax
B. Works Tax
C. Service Tax
D. Excise Duty
Answer optionc
Marks: 1
Chapter: 5
A. Custom Duty
B. Sales Tax
C. VAT
D. All
Answer optionc
Marks: 2
Chapter: 5
A. Direct Tax
B. Indirect Tax
C. Fixed Capital
D. Working Capital
Answer optionb
Marks: 1
Chapter: 5
A. Fixed Capital
B. Working Capital
C. Fixed Liability
D. None
Answer optiona
Marks: 1
Chapter: 5
B. Working Capital
C. Fixed Liability
D. None
Answer optiona
Marks: 1
Chapter: 5
A. Manager
B. Works Manager
C. Workers
Answer optiond
Marks: 1
Chapter: 4
D. All
Answer optiona
Marks: 2
Chapter: 4
B. Untrained Workers
D. Faulty Equipments
Answer optionc
Marks: 1
Chapter: 4
A. Span of Control
B. Responsibility
C. Authority
D. Delegation of Authority
Answer optiona
Marks: 1
Chapter: 3
D. All
Answer optionb
Marks: 1
Chapter: 3
A. Proprietorship
B. Partnership
Answer optionc
Marks: 1
Chapter: 3
A. Authority
B. Discipline
C. Equity
D. Planning
Answer optiond
Marks: 1
Chapter: 2
Answer optiona
Marks: 1
Chapter: 2
A. Decision Making
B. Organizing
C. Planning
D. Directing
Answer optiona
Marks: 1
Chapter: 2
A. Planning
B. Organising
C. Co-ordination
D. Observation
Answer optiond
Marks: 1
Chapter: 2
B. Productivity Theory
Answer optiona
Marks: 1
Chapter: 2
D. None
Answer optionb
Marks: 1
Chapter: 1
877 People of entire world are unified into a single society and function together called as
A. Nationalism
B. Globalisation
C. Industrialization
D. All
Answer optionb
Marks: 1
Chapter: 1
A. Improves Reputation
C. Lower Cost
D. All
Answer optiond
Marks: 1
Chapter: 7
879 In Six Sigma Quality Improvement Programme As the Level of Sigma increases defect rate will
A. Increases
B. Decreases
C. Not dependant
D. None
Answer optionb
Marks: 2
Chapter: 7
880 ABC Company is a time-sharing company, means they are into --------------- business.
A. Hospitallity
B. Banking
C. Health care
D. Service
Answer optiona
Marks: 1
Chapter: 1
A. IT
B. Service
C. Trade
D. Engineering
Answer optionb
Marks: 1
Chapter: 1
A. Science
B. Art
C. Profession
Answer optiond
Marks: 1
Chapter: 2
A. Top
B. Middle
C. Lower
D. Top -Middle
Answer optiona
Marks: 1
Chapter: 2
A. Authority
B. Controlling
C. Mnagement
D. Administration
Answer optiond
Marks: 1
Chapter: 2
885 XYZ company says "we are an equal opportunity employer for progress of society and employees", means they follow
A. Espirit De Corps
B. Unity of Direction
C. Team work
D. Equity
Answer optiond
Marks: 2
Chapter: 2
A. Line organisation
B. Partnership
D. Project Organisation
Answer optiona
Marks: 1
Chapter: 3
A. Line organisation
D. Project Organisation
Answer optionc
Marks: 1
Chapter: 3
888 PQR Company produces shampoos of various fragrances. Hence their departmentation will be by_________
A. Function
B. Product
C. Process
Answer optionb
Marks: 1
Chapter: 3
Mr. Y is a partner in MZ firmm.He is always ready to provide finanace ,but never contributes in decion making process. But legally is binded in case any legal a
889
taken on the firm. Hence he is __________partner
A. Lazy
B. Active
C. Sleeping
D. Non working
Answer optionc
Marks: 2
Chapter: 3
890 If a factory employs more than1000 workers, it should appoint a qualified _________to carry out prescribed duties.
A. safety officers
B. welfare officer
C. security officer
Answer optiona
Marks: 1
Chapter: 4
A. Working capital
B. Fixed Capital
Answer optionb
Marks: 1
Chapter: 5
Answer optionc
Marks: 1
Chapter: 5
A. Budget
B. Balance Sheet
D. Production Budget
Answer optionb
Marks: 1
Chapter: 5
A. VAT
B. Income tax
C. Customs Duty
D. Excise Tax
Answer optiond
Marks: 2
Chapter: 5
895 If the fixed monthly income of Mr. Kiran is Rs. 50,000. Mr.Kiran is of age 62 years.Hence he will pay income tax of ___________
A. Rs.120000
B. Rs. 70000
C. Rs. 350000
D. Rs. 50000
Answer optionb
Marks: 2
Chapter: 5
A. Bill of Machines
B. Bill of Materials
C. Business of materials
D. Bill of Money
Answer optionb
Marks: 1
Chapter: 6
B. Storage cost
Answer optiond
Marks: 1
Chapter: 6
898 The optimum quantity of orders that minimizes the inventory carrying cost and ordering cost is given by _________________ technique
A. MRP
B. ERP
C. EOQ
D. ABC
Answer optionc
Marks: 1
Chapter: 6
A. Human Resource
Answer optiond
Marks: 2
Chapter: 6
900 Primaware is power company having global presence and good business. As a consultant to the company for better material management you will suggest_____
A. MRP
B. TQM
C. ERP
D. BOM
Answer optionc
Marks: 2
Chapter: 6
A. Quality Control
B. Quality Circle
C. Quantity Control
D. Quality Core
Answer optiona
Marks: 1
Chapter: 7
A. Good design
B. Good Functionality
Answer optiond
Marks: 1
Chapter: 7
A. Six Sigma
B. TQM
C. Quality Assurance
D. Quality
Answer optionb
Marks: 1
Chapter: 7
A. Good design
B. Good
C. Change
Answer optionc
Marks: 1
Chapter: 7
905 Goods or cash invested to generate income from business or property is /are
A. Finance
B. Capital
C. Liabilitities
D. Budget
Answer optionb
Marks: 1
Chapter: 5
A. 1923
B. 1936
C. 1961
D. 1948
Answer optiond
Marks: 1
Chapter: 4
A. Government Department
B. Government Company
C. Public company
Answer optiona
Marks: 2
Chapter: 3
D. Unsuitable illumination
Answer optionc
Marks: 1
Chapter: 4
A. Effective delegation
B. Effective discipline
C. Effective directing
Answer optiona
Marks: 2
Chapter: 3
910 The partner who does not take part in day to day activities
A. Active partner
B. Secret partner
C. Sleeping partner
D. Nominal partner
Answer optionc
Marks: 1
Chapter: 3
B. Scalar organisation
C. Functinal organisation
Answer optionb
Marks: 1
Chapter: 3
A. Feedback of plan
B. Data analysis
C. Unrealistic nature
Answer optionc
Marks: 1
Chapter: 2
A. Cooperation
B. Coordination
C. Team work
D. Discipline
Answer optionc
Marks: 1
Chapter: 2
A. Tactical level
B. Strategical level
C. Operational level
D. Functinal level
Answer optionb
Marks: 1
Chapter: 2
915 Power to act and accountability
A. Delegation
B. Discipline
C. Division of work
Answer optiond
Marks: 1
Chapter: 2
A. Operations management
B. Classical science
C. Behavioral science
Answer optiona
Marks: 1
Chapter: 2
917 Regulatory body for banking sector which also monitors GDP and inflation
A. SBI
B. RBI
C. CBI
D. IDBI
Answer optionb
Marks: 1
Chapter: 1
A. Construction
B. Textile
C. Fisheries
D. Railways
Answer optiond
Marks: 1
Chapter: 1
A. Automobile goods
B. Production goods
C. Intangiable goods
Answer optionc
Marks: 1
Chapter: 1
920 Legal debts or obligations which arise during the business operations:
A. Asset
B. Shares
C. Debentures
D. Liabilities
Answer optiond
Marks: 1
Chapter: 5
A. Direct tax
B. Income tax
C. Excise duty
D. consumption tax
Answer optiond
Marks: 2
Chapter: 5
922 Generally 'C' type and 'A' type of items consume an inventory cost of :
A. 20 % and 5 % respectively
B. 50 % and 20 % respectively
C. 5 % and 80 % respectively
D. 80 % and 50 % respectively
Answer optionc
Marks: 1
Chapter: 6
923 Annual consumption is 20 units, procurement cost is Rs. 40, cost of carring inventory is 16%, cost of each unit is Rs.100. The economic order quantity will be
A. 10
B. 20
C. 30
D. 40
Answer optiona
Marks: 2
Chapter: 6
924 Collection of guidelines that are used to manage the quality of activities in an organisation
A. Quality assurance
B. Quality control
C. Quality circle
Answer optiond
Marks: 1
Chapter: 7
Answer optiona
Marks: 1
Chapter: 7
A. CRM concept
B. TQM concept
C. DMAIC concept
Answer optionc
Marks: 1
Chapter: 7
A. Scope of supervisor
B. Span of Control
C. Focus of supervisor
Answer optionb
Marks: 2
Chapter: 2
928 Which budget shows one plan, one volume of output or sales & the related fixed costs-
A. Fixed Budget
B. Variable Budget
C. Functional Budget
Answer optiona
Marks: 1
Chapter: 5
A. Staff Salary
B. Stationary
C. Printing
Answer optiond
Marks: 1
Chapter: 5
930 While on long tour which are the item that we must take care of ? Certainly it is the jewellery and the cash !! This could be an analogy to
A. EOQ
B. ABC
Answer optionb
Marks: 1
Chapter: 7
931 ABC company has in profit of Rs one lakh. It is divided in equal number of parts known as …………..
A. Capital
B. Business
C. Shares
D. Debunters
Answer optionc
Marks: 1
Chapter: 7
932 XYZ electronics company has confirmed expert order and is in need of finance. The bank provides short term credits. It is known as ………..
A. Import finance
B. Import duty
C. Export finance
Answer optionc
Marks: 2
Chapter: 6
C. It is a Joint business
D. No transfer of partnership
Answer optiona
Marks: 1
Chapter: 6
D. No duplication of work
Answer optiond
Marks: 2
Chapter: 6
Answer optiond
Marks: 1
Chapter: 6
936 In ………. Approach all members of an organization paricipate & improving the processes & culture of organization
A. 5 S
B. Six Sigma
C. TQM
D. Quality circle
Answer optionc
Marks: 2
Chapter: 5
A. Budjet
B. VAT
C. Capital
Answer optionc
Marks: 1
Chapter: 4
C. Human error
Answer optionc
Marks: 1
Chapter: 3
939 _____ is essential to direct, guide, instruct, and order the subordinate.
A. Manager
B. Authority
C. Chairman
D. Responsibility
Answer optiona
Marks: 1
Chapter: 2
A. Jute
B. Sugar
C. Paper
D. Poultry
Answer optionc
Marks: 1
Chapter: 1
A. SAIL
B. TISCO
D. ISA
Answer optiona
Marks: 1
Chapter: 1
942 Which of Following are principles of management i) Motivating ii) Remuneration iii) Division of Work iv) Organising
A. i and ii
B. iii and iv
C. ii and iii
Answer optionc
Marks: 1
Chapter: 2
Arrange Maslow`s Theory of Motivation in ascending order (Bottom to Up) i) Physiological Needs ii) Love / Affection Needs iii) Social / Esteem Needs iv) Securi
943
Needs v) Self Actualization Needs
A. i-ii-iii-iv-v
B. i-iii-ii-iv-v
C. i-v-ii-iii-iv
D. i-iv-ii-iii-v
Answer optiond
Marks: 2
Chapter: 2
A. Bottom to Top
B. From Middle
C. Top to Bottom
D. None of above
Answer optionc
Marks: 1
Chapter: 3
945 Injury after accident disables the affected worker forever is _________ accident
A. Fatal
B. Permanent
C. Major
D. None of above
Answer optionb
Marks: 2
Chapter: 4
946 ______ is the study of relationship between the raising of finance and deployment of finance
A. Financing
B. Financial Deficit
C. Finance
D. Financial Management
Answer optiond
Marks: 1
Chapter: 5
947 In balance sheet, we see, ______ equal to the sources of the funds
A. Assets
B. Expenditure
C. Savings
D. Liabilities
Answer optiona
Marks: 1
Chapter: 5
948 ____________________ is process of dividing large organisation into small and flexible administrative units
A. Defragmentation
B. Departmentation
C. Division Formation
Answer optionb
Marks: 2
Chapter: 5
949 Profit and Loss Account is ______________________ i) A flow statement ii) A measure of firm`s profitability
Answer optionc
Marks: 2
Chapter: 5
A. Income Tax
B. Sales Tax
C. Excise Duty
D. Custom Duty
Answer optionb
Marks: 1
Chapter: 6
Answer optionb
Marks: 2
Chapter: 6
A. Seiso
B. Seiri
C. Seition
D. Seiketsu
Answer optionb
Marks: 1
Chapter: 7
953 i) Quality Assurance is a proactive approach ii) Quality Assurance improves quality of product
A. i is correct and ii is wrong
Answer optionc
Marks: 2
Chapter: 7
D. None of above
Answer optiona
Marks: 2
Chapter: 7
A. Coercive
B. Expert
C. Referent
D. Reward
Answer optiona
Marks: 1
Chapter: 3
A. Line Organization
C. Project Organization
D. Staff Organization
Answer optiond
Marks: 1
Chapter: 3
A. Decision Making
B. Directing
C. Controlling
D. Planning
Answer optiona
Marks: 1
Chapter: 2
A. Equity
B. Unity of Command
C. Unity of Direction
D. Stability
Answer optionb
Marks: 1
Chapter: 2
A. Masco
B. Washington
C. Geneva
D. Russia
Answer optionc
Marks: 1
Chapter: 1
A. Manufacturing Industry
B. Trade Industry
C. Service Industry
Answer optionc
Marks: 1
Chapter: 1
Answer optiona
Marks: 1
Chapter: 1
962 Who is directly responsible for profit & loss in the business
A. Supervisor
C. Worker
D. Factory Manager
Answer optionb
Marks: 1
Chapter: 3
A. Due to Worker
B. Due to Management
Answer optiond
Marks: 1
Chapter: 4
A. Overconfidence
B. Faulty Equipments
C. Unnecessary Daring
Answer optionb
Marks: 1
Chapter: 4
A. salary
C. provident fund
Answer optiond
Marks: 1
Chapter: 4
A. Profit Maximation
B. Maximation of wealth
Answer optiond
Marks: 1
Chapter: 5
A. Land Purchase
B. Material Purchase
C. Marketing of Product
D. Salery of workers
Answer optiona
Marks: 1
Chapter: 5
B. Depreciation provisions
D. Deferred taxation
Answer optiond
Marks: 1
Chapter: 5
969 The tax in wihich impact and incidence are on the same person. It is not intended to be shifted.
A. Custom Duty
B. Sales Tax
C. Excise Duty
D. Gift Tax
Answer optiond
Marks: 2
Chapter: 5
A. Jaipur
B. Pune
C. Mumbai
D. London
Answer optionc
Marks: 2
Chapter: 5
971 Collective stock of items which is required for routine functioning of industry means___
A. Inventory
B. Record
C. Database
D. List
Answer optiona
Marks: 1
Chapter: 6
Answer optiond
Marks: 1
Chapter: 6
A. Right contract
B. Right Quality
C. Right sources
Answer optiond
Marks: 1
Chapter: 6
A. Purchase order
B. Tender
C. Quotation
Answer optiona
Marks: 2
Chapter: 6
B. CRM metrics
C. ERP metrics
D. SRP metrics
Answer optionc
Marks: 2
Chapter: 6
A. Quantity
B. Quality
C. Controlling
D. Observation
Answer optionb
Marks: 1
Chapter: 7
A. Q A Manager
B. Customer
C. Development Manager
Answer optionc
Marks: 1
Chapter: 7
A. India
B. Russia
C. Japan
D. Chin
Answer optionc
Marks: 2
Chapter: 7
Answer optiona
Marks: 2
Chapter: 7
980 The process by which the people of the entire world are unified into a single society and function together is –
A. Localization
B. Privatization
C. Generalization
D. Globalization
Answer optiond
Marks: 1
Chapter: 1
A. Privet limited
B. Partnership
C. Public sector
D. Co-operative
Answer optionc
Marks: 1
Chapter: 3
A. Line organization
C. Functional organization
Answer optionb
Marks: 2
Chapter: 3
983 ……….. is a direct tax levied on the income earned by individuals, corporations or on other forms of businesses.
A. Sales Tax
B. Service Tax
C. Income Tax
D. Customs Tax
Answer optionc
Marks: 1
Chapter: 5
A. Master Budget
B. Sales Budget
C. Production Budget
D. Materials Budget
Answer optiona
Marks: 1
Chapter: 5
985 Suggest the appropriate types of finance in the blank space.
Answer optionc
Marks: 2
Chapter: 5
A. Master budget
B. Sales budget
C. Labour budget
Answer optionc
Marks: 2
Chapter: 5
987 ………. Is defined as ‘the optimal quantity of orders that minimizes total variable costs required to order and hold inventory’.
A. ABC
B. TQM
C. MPR
D. EOQ
Answer optiond
Marks: 1
Chapter: 6
Answer optionb
Marks: 1
Chapter: 6
Arrange the following in chronological order while purchasing material. 1. Receive purchase requisition from department 2. Call for quotation 3. Inspect the ma
989
purchase order
A. 1 – 2 – 4 – 3
B. 3 – 4 – 2 – 1
C. 2 – 1 – 4 – 3
D. 4 – 2 – 1 – 3
Answer optiona
Marks: 2
Chapter: 6
A. Purchasing
B. Warehousing
C. Stores management
Answer optiond
Marks: 2
Chapter: 6
991 Transferring ownership of business from public sector (government)to the private sector is
A. Globalization
B. Privatization
C. Liberalization
D. L-P-G
Answer optionb
Marks: 1
Chapter: 1
Answer optiond
Marks: 1
Chapter: 1
D. none of these
Answer optionc
Marks: 1
Chapter: 1
A. Line managers
B. Top-level managers
D. System users
Answer optionb
Marks: 1
Chapter: 2
A. Planning
B. Management
C. Organizing
D. Administration
Answer optiona
Marks: 1
Chapter: 2
B. Establishment of alternatives
Answer optionc
Marks: 1
Chapter: 2
A. Responsibility
B. Span
C. Stability
D. Authority
Answer optiond
Marks: 1
Chapter: 3
998 The act of entrusting subordinates with the same power that are of the superior is termed
A. Decentralization
B. Centralization
C. Delegation
D. Departmentation
Answer optionc
Marks: 1
Chapter: 3
Span of control an important factor, which is to be taken into account when undertaking organizational design. Maintaining a large span of control within an or
999
most effective in all except one of the following situations
Answer optionc
Marks: 2
Chapter: 3
1000 A person who has ultimate control over the affairs of the factory under Factories Act, 1948 is called _________
A. Occupier
B. Manager
C. Chairman
D. Managing Director
Answer optiona
Marks: 1
Chapter: 4
1001 "Advisory Board " concerned with 'Minimum Wages Act' is appointed by
A. Factory head
B. MIDC
C. Appropriate Government
Answer optionc
Marks: 1
Chapter: 4
1002 __________and __________are the two versions of goals of the financial management of the firm.
Answer optiona
Marks: 1
Chapter: 5
1003 An industrial concern is invested in assets like plant, building, and land is
A. Working capital
B. Variable capital
C. Fixed capital
D. Operating capital
Answer optionc
Marks: 1
Chapter: 5
Answer optiond
Marks: 1
Chapter: 5
A. Material Planning
B. Purchasing
C. Store Management
Answer optiond
Marks: 1
Chapter: 6
A. Inventory Cost
B. Purchase Cost
C. Total Cost
Answer optiona
Marks: 1
Chapter: 6
1007 Improving quality through small, incremental improvements is a characteristic of what type of quality management system
A. Just-in-time
B. Six Sigma
D. Kaizen
Answer optiond
Marks: 1
Chapter: 7
B. Ordinary Equity
C. Owner's Equity
Answer optionc
Marks: 2
Chapter: 5
A. Commission on sales
Answer optionc
Marks: 2
Chapter: 5
D. Stock In Progress
Answer optionc
Marks: 1
Chapter: 5
A. Dividend to Shareholders
C. Cash Management
D. Bankruptsy
Answer optionc
Marks: 1
Chapter: 5
A. Equipment Leasing
B. Hire Purchase
C. Prefernce Shares
D. Trade Credit
Answer optionc
Marks: 1
Chapter: 5
1013 As per the definition in Indian Factory Act, a person working in Factory having an age of 17 years is :
A. Child
C. Adolescent
D. Adult
Answer optionc
Marks: 1
Chapter: 4
A. Of Less Importance
D. Near Accident
Answer optiona
Marks: 1
Chapter: 4
Answer optionc
Marks: 2
Chapter: 3
1016 I wanted to maintain secrecy of business. Which business type shall I select
A. Single Ownership
B. Partnership
D. Public Undertaking
Answer optiona
Marks: 2
Chapter: 3
1017 A company has multiples kind of products like Pharmaceutical, Cosmetics, FMCG. Which type of departmentation will it prefer ?
A. By Product
B. By Process
C. By Function
Answer optiona
Marks: 1
Chapter: 3
A. Policy
B. Economy
C. Control
D. Coordination
Answer optionb
Marks: 1
Chapter: 3
Answer optionc
Marks: 1
Chapter: 3
A. Line
C. Functional
D. Committee
Answer optiona
Marks: 1
Chapter: 3
A. Determining Activities
Answer optiond
Marks: 1
Chapter: 2
A. Job Security
B. Turnover
C. Harmony
D. Promotion
Answer optionb
Marks: 1
Chapter: 2
1023 Direct Supervision on workers is function of
D. Operating force
Answer optionc
Marks: 1
Chapter: 2
A. 112
B. 20
C. 52
D. 86
Answer optionc
Marks: 1
Chapter: 1
A. Tools
B. Machines
C. Lubricants
D. Milling Cutter
Answer optionb
Marks: 1
Chapter: 6
B. constitute 70 % of inventory
C. purchased on time
Answer optionc
Marks: 1
Chapter: 6
A. Quantity of Items
B. Invoice Number
C. Quantity in Stock
D. All Above
Answer optiona
Marks: 1
Chapter: 6
A. Lead Time
B. Buffer Stock
C. Obsolete Inventory
D. Damagaed Inventory
Answer optionb
Marks: 2
Chapter: 6
A. List of Products
B. Product Demand
C. List of Subassemblies
D. Bill of Materials
Answer optiond
Marks: 2
Chapter: 6
B. Resource Management
C. Recruitment
Answer optionc
Marks: 1
Chapter: 7
A. Discuss Grievances
Answer optionb
Marks: 1
Chapter: 7
A. Ethics
B. Training
C. Both Above
D. None Above
Answer optionc
Marks: 1
Chapter: 7
Objectives of Quality Control includes 1. Establish desired quality standards 2. To determine deviations in quality 3. Ascertain causes in deviations 4. To use mo
1033
of measurement.
A. 1, 2 and 3 only
B. 1. 3 and 4 only
C. 1,2,3 and 4
Answer optiona
Marks: 2
Chapter: 7
1034 What system helps make calculations regarding the volume and timing of materials needed?
A. Production plan
B. Material Scheduling
Answer optionc
Marks: 2
Chapter: 6
C. ERP system have been widely adopted in large organization to storecritical knowledge used to make the decision that drive the organization's performance
Marks: 2
Chapter: 6
A. Sales tax
B. Income tax
C. Excise duties
D. Toll tax
Answer optionb
Marks: 2
Chapter: 5
Answer optiona
Marks: 1
Chapter: 6
A. Distibution Planning
Answer optionc
Marks: 1
Chapter: 6
A. CPM
B. PERT
C. Inventory Control
Answer optionc
Marks: 1
Chapter: 6
1040 The quantity discount model is most similar to which one of these models
A. ROP
B. EOQ
C. Fixed interval
D. EPQ
Answer optionb
Marks: 1
Chapter: 6
1041 A budget is the plan of the various costs and expenses needed to operate the buniness based on the short term forecast
A. Capital budget
B. Operating Budget
C. Cash Budget
D. Resource Budget
Answer optionb
Marks: 1
Chapter: 5
1042 The most common causes of financial problems are
A. Undercapitialization
C. credit term
Answer optiond
Marks: 1
Chapter: 5
1043 A statement that projects management's expectations for revenues and based on those financial expectations, allocates the use of specific resources throughout t
A. A cash flow
B. A budget
C. A resource plan
D. A resource allocation
Answer optionb
Marks: 1
Chapter: 5
Answer optiond
Marks: 1
Chapter: 5
C. Type of formalization
Answer optionb
Marks: 2
Chapter: 3
C. pride of ownership
Answer optiond
Marks: 2
Chapter: 3
1047 The primary purpose of employee safety programme is to preserve the employee's :
A. Mental Health
B. Physcial Health
C. Emotional Health
Answer optiond
Marks: 1
Chapter: 4
1048 Which structure is usually optimal for project based organization with fluctuationg workload?
A. Functional
B. Divisional
C. Matrix
D. Network
Answer optionc
Marks: 1
Chapter: 3
A. Narrow
B. wide
C. Centralized
D. Informal
Answer optionb
Marks: 1
Chapter: 3
A. Centralize
B. Decentralize
C. Control
D. Standardize
Answer optionb
Marks: 1
Chapter: 3
C. It refers to patterns of work flow and formal power that direct organizational activities
Answer optiond
Marks: 1
Chapter: 3
B. Division of labour
C. unity of command
D. unity of Direction
Answer optiona
Marks: 1
Chapter: 2
A. Goals of management
B. Functions of management
C. results of management
Answer optionb
Marks: 1
Chapter: 2
1054 During the agriculural revolution, all of the following transformed the economy except
B. job specializaion
C. trade
D. permanent settlements
Answer optiona
Marks: 1
Chapter: 1
A. Literary Works
B. Furniture
C. Sculpture
D. Musical Works
Answer optionb
Marks: 1
Chapter: 1
A. USA
B. UK
C. JAPAN
D. KOREA
Answer optionc
Marks: 1
Chapter: 7
Answer optiona
Marks: 2
Chapter: 7
1058 Following is not a part of the of steps for purchasing a) Getting requisition from various departments b)Obtaining Quotations c) Making budget d) Preparing P
A. a
B. b
C. c
D. d
Answer optionc
Marks: 1
Chapter: 6
Reliance company has a common software platform integrating all its functions materials ,finance ,personnel , sales ,etc . The company is said to have one of the
1059
place
A. JIT
C. 5S
D. Kaizen
Answer optionb
Marks: 2
Chapter: 6
A. A type
B. B type
C. C type
D. All
Answer optionc
Marks: 1
Chapter: 6
1061 In ABC analysis all materials are divided into how many types
A. 4
B. 3
C. 2
D. 5
Answer optionb
Marks: 1
Chapter: 6
1062 The point at which ordering cost is equal to carrying cost in materials management is called as
A. EOQ
B. Optimal point
C. Breakeven point
D. Ideal Point
Answer optiona
Marks: 1
Chapter: 6
1063 Which of the following items manufactured in India is not liable for Excise tax.
A. Sugar
B. Salt
C. Steel
D. Soap
Answer optionb
Marks: 2
Chapter: 5
1064 Which is the budget to which all other budgets are geared
A. Sales
B. Production
C. Labour
D. Materials budget
Answer optiona
Marks: 1
Chapter: 5
1065 Mr. X has two flats in ,Mumbai , he and his family resides in one flat and the other flat he has given on rent , the money he earns from getting the rent is liable fo
A. Excise tax
B. Income tax
C. Service Tax
Answer optionb
Marks: 2
Chapter: 5
A. Factory Act
Answer optiona
Marks: 1
Chapter: 4
1067 A small child 8 years old is working in XYZ company manufacturing silk sarees. Which act is being violated by the company ?
Answer optionc
Marks: 1
Chapter: 4
1068 A worker has used cutter instead of a plier for doing some job , and he gets a cut on his right hand . What is the cause of this accident classified as
A. Mechanical factor
B. Environment factor
C. Human cause
D. Technical cause
Answer optionc
Marks: 2
Chapter: 4
A. Safety slogans
C. over confidence
D. Fencing of equipments
Answer optionc
Marks: 1
Chapter: 4
My friend and I start a company , she is just providing money in the business , she does not look into the day to day activities of the company ,our company has
1070
ownership
A. Limited Partnership
B. Public Ltd
C. Proprietorship
D. Joint Stock
Answer optiona
Marks: 2
Chapter: 3
Answer optiond
Marks: 1
Chapter: 3
1072 An automobile company has departments for two wheelere and four wheelers , what is the method of departmentation this company has adopted
A. By function
B. By product
C. By process
D. By markets
Answer optionb
Marks: 1
Chapter: 3
1073 Myself and my friend start a company, which type of organistaion it will be from the structure point of view at the start with simple format,small size
A. Line
C. Functional
D. Project
Answer optiona
Marks: 1
Chapter: 3
A. People
B. Management
C. Administration
D. Country
Answer optionc
Marks: 1
Chapter: 2
1075 The act of getting people together to work for a common goal is called as
A. Organising
B. Management
C. Administration
D. Motivation
Answer optionb
Marks: 1
Chapter: 2
A. 12
B. 10
C. 17
D. 14
Answer optiond
Marks: 1
Chapter: 2
A. Bottom level
B. Top level
C. Middle level
D. No level
Answer optionb
Marks: 1
Chapter: 2
A. Direct services
B. Indirect services
C. both
D. None
Answer optiona
Marks: 1
Chapter: 1
1079 An economic activity involving the regular production or distribution of goods and services with the object of earning profits through satisfaction of human nee
A. Business
B. Management
C. Administration
D. Social Servive
Answer optiona
Marks: 1
Chapter: 1
1080 L&T asks its various shop floors to sort all goods on the floor,keep them in order as per use , keep them clean ,standardise the process and sustain this activity .
technique and system of Quality manangement it is adopting
A. 5S
B. Kaizen
C. TQM
D. 6 Sigma
Answer optiona
Marks: 2
Chapter: 7
Examples of services sector include …………………………( i) news media, hospitality industry,consulting (ii) legal practice, healthcare, waste disposal (iii) real
1081
services, business services (iv) house decoraters, entertainers.
A. only (I)
D. all of above
Answer optiond
Marks: 1
Chapter: 1
A. functions
B. specialisation
C. types of products
D. all
Answer optiond
Marks: 1
Chapter: 3
B. Knowledge of designation
C. Independent subordinates
Answer optiond
Marks: 2
Chapter: 3
A. Departmentation by function
B. Departmentation by prosecc
C. departmentation by product
D. none
Answer optiona
Marks: 2
Chapter: 3
1085 ……………………… is the management of finance of an organisation in order to achieve financial objectives.
A. Financial Management
B. Material Management
C. Personnel Management
D. Operation Management
Answer optiona
Marks: 1
Chapter: 5
A. Types of business
B. scope of business
C. capital required
D. all
Answer optiond
Marks: 2
Chapter: 5
C. Financial management is the management of finance of an organisation in order to achieve financial objectives
D. none
Answer optionb
Marks: 2
Chapter: 5
D. all
Answer optiond
Marks: 1
Chapter: 6
D. none
Answer optionc
Marks: 1
Chapter: 6
D. all
Answer optiond
Marks: 1
Chapter: 6
D. none
Answer optiond
Marks: 2
Chapter: 6
Marks: 1
Chapter: 7
1093 Following are the business pattern is not coming under service industry.
A. ITES
B. Banking
C. Real Estate
D. Textile mill
Answer optiond
Marks: 1
Chapter: 1
A. Group of persons
B. Common Aim
C. Profit
D. United together
Answer optionc
Marks: 1
Chapter: 3
A. General partnership
B. Nominal partnership
C. Limitted partnership
Answer optiona
Marks: 2
Chapter: 3
A. Minor
B. Reportable
C. Major
D. Fatal
Answer optiona
Marks: 1
Chapter: 4
B. Balance sheet
C. Snap Sheet
D. Budget
Answer optionb
Marks: 1
Chapter: 5
A. Fixed capital
B. Floating capital
C. Circulating capital
Answer optiona
Marks: 1
Chapter: 5
1099 Which is not the type of profit and loss account?
A. Report form
B. Step form
C. Account form
Answer optiona
Marks: 2
Chapter: 5
1100 Statement 1 - Income tax is levied by central government. Statement 2 - Income tax is to be paid by all employees.
C. 1 correct, 2 wrong
D. 1 wrong, 2 correct
Answer optionc
Marks: 2
Chapter: 5
1101 The stock of material, maintained in order to avoid 'no stock' situation is called as
A. Additional stock
B. Buffer stock
C. Extra stock
Answer optionb
Marks: 1
Chapter: 6
1102 Calling quotation, order follow-up, material receiving. Placing PO are the function of
A. Quality department
B. Puchase department
C. Inventory department
D. Marketing department
Answer optionb
Marks: 1
Chapter: 6
A. Performance
B. Acceptance
C. Economically Feasibility
Answer optiond
Marks: 1
Chapter: 7
1104 Statement 1 - Quality Assurance is a proactive approach. Statement 2 - Quality Assurance improves quality of product.
C. 1 correct, 2 wrong
D. 1 wrong, 2 correct
Answer optiona
Marks: 2
Chapter: 7
A. Trade
B. Service
C. Manufacturing
D. both I and ii
Answer optiona
Marks: 1
Chapter: 1
A. 6
B. 5
C. 4
D. 3
Answer optionb
Marks: 1
Chapter: 2
A. Government Department
C. Public Corporation
D. Public Company
Answer optionb
Marks: 2
Chapter: 3
A. Departmentation by product
B. Departmentation by function
C. Departmentation by process
Answer optiona
Marks: 2
Chapter: 3
1109 The duties and qualification of Labour Welfare Officer is prescribed by:
A. Factory head
B. Industry Minister
C. State Government
Answer optionc
Marks: 1
Chapter: 4
A. Long-term
B. Short-term
C. Medium-term
Answer optionb
Marks: 1
Chapter: 5
A. Skilled
B. Semi-skilled
C. Unskilled
Answer optiond
Marks: 1
Chapter: 5
1112 The earning capacity and potential of a firm are reflected in ________
A. Balance sheet
C. both i and ii
Answer optionb
Marks: 2
Chapter: 5
A. Convenient
B. Equitable
C. Wide coverage
D. Certain
Answer optiond
Marks: 2
Chapter: 5
A. Production stoppage
B. Delay in deliveries
C. loss of reputation
Answer optiond
Marks: 1
Chapter: 6
C. 1 correct, 2 wrong
D. 1 wrong, 2 correct
Answer optiona
Marks: 2
Chapter: 6
A. Increase efficiency
D. both i and ii
Answer optiond
Marks: 1
Chapter: 7
1117 For staffing ,inventory,production etc company develops and design a plan called--------
A. MPS
B. MRP
C. ERP
D. EPS
Answer optiona
Marks: 1
Chapter: 6
1118 ---- avoids effects like price fluctuations and shortage of material in the market
A. Buffer stock
B. EOQ
C. ERP
Answer optionb
Marks: 1
Chapter: 6
Answer optiona
Marks: 2
Chapter: 6
1120 ----- is a process that ensures the quality of a product throughout its life cycle
A. Quality Management
B. Quality Assurance
C. Quality control
D. Quality Circle.
Answer optiona
Marks: 1
Chapter: 7
1121 --- is collection of guidelines that are used to manage the quality of activities carried out in an organization
A. QC
B. QMS
C. QA
Answer optionb
Marks: 1
Chapter: 7
A. Customer satisfaction
B. Product differetiation
C. Brand Equity
D. Action Globally
Answer optiond
Marks: 1
Chapter: 7
1123 -------- is a consumption tax which is levied at each stage of production based on the value added to the product at that stage.
A. VAT
B. Finance
C. Budget
Answer optiona
Marks: 2
Chapter: 5
A. 1993
B. 2004
C. 1994
D. 1989
Answer optionc
Marks: 2
Chapter: 5
1125 ----------- is one in which allows lowest csot per unit andis most advantageous
C. ABC Analysis
Answer optionb
Marks: 1
Chapter: 6
1126 when foreign investors does huge sell of stocks back to its own country it is refereed as------
A. Bank loans
B. Hire Purchase
C. Equipment leasing
Answer optiond
Marks: 1
Chapter: 5
1127 ……has to kept at secured and separate place which is not easily accessible.
A. Inflammable Materiial
B. Machine Safeguards
C. Protecting Devices
Answer optiona
Marks: 1
Chapter: 4
1128 organizational ______ is mainly about adjusting work assignment,man power ,and facilities that are required when temporary changes accor while working
A. Balance
B. Stability
C. Flexibility
Answer optionc
Marks: 2
Chapter: 3
1129 Balaji Telefilms industries refers to which of the following company type-
B. Ownership company
C. Public Company
D. Government
Answer optionc
Marks: 1
Chapter: 3
A. Single Ownership
B. Partnership
C. Private ltd
Answer optionc
Marks: 1
Chapter: 3
1131 1. -------------- can be defined as the set of steps to do the particular activity or activities in systematic manner.
A. Organizing
B. Planning
C. Directing
D. Motivating
Answer optionb
Marks: 1
Chapter: 2
1132 1. Goal and solid decision making allows ………to……….very fast and becomes stable in the market.
A. Bussiness to Grow
B. Business to Market
C. Business to Business
Answer optiona
Marks: 1
Chapter: 2
1133 ------------ ensures that things fall within the standards defined by an organization and should not divert from it
A. Planning
B. Organising
C. Staffing
D. Controlling
Answer optiond
Marks: 1
Chapter: 2
1134 _______ is a right for giving orders and the power to ensure obedience
A. Division of work
B. Decipline
D. Work
Answer optionc
Marks: 1
Chapter: 2
Answer optionc
Marks: 1
Chapter: 1
B. Pareto Diagram
C. Scatter Diagram
D. Histogram
Answer optionb
Marks: 2
Chapter: 7
C. Both a) and b)
D. None
Answer optionc
Marks: 1
Chapter: 4
1138 a _____ assists in taking decisions correctly and also implementing it effectively and efficiently.
A. line organization.
C. functional organization
D. all of above
Answer optionb
Marks: 2
Chapter: 3
1139 _____ can culminate into strikes or fights among employees and cause serious consequences to the organization.
A. communication
B. ) good communication
C. miscommunication
D. all of above
Answer optionc
Marks: 2
Chapter: 3
A. process
B. products
C. Function
D. All of above
Answer optiond
Marks: 1
Chapter: 3
Answer optiond
Marks: 2
Chapter: 2
1142 _____ allows employees to get involved in the process of decision making for better results
A. Unity of direction
B. Centralization
C. Disciline
D. Unity of commands
Answer optionb
Marks: 1
Chapter: 2
1143 The great thought of motivating the workers or employees for better results have come up from _________ of management
Marks: 1
Chapter: 2
A. Service
B. Manufacturing
C. Trade
D. All of Above
Answer optiond
Marks: 1
Chapter: 1
A. 15-18
B. 18-21
C. 21-25
D. 58-61
Answer optiona
Marks: 1
Chapter: 5
1146 ____________________ uses all the resources of the enterprize in a systematic way.
A. MRP
B. MRPII
C. ERP
D. None
Answer optionc
Marks: 1
Chapter: 6
A. Seiri
B. Seiso
C. Seiketsu
D. seition
Answer optionc
Marks: 1
Chapter: 7
A. Management
B. Administration
C. Public
D. Workers
Answer optiona
Marks: 1
Chapter: 2
A. Cheap workforce
B. Demand is continouce
Answer optionc
Marks: 1
Chapter: 1
1150 Globalization has disadvantage
A. Industrialisation
B. Pollution of air,soil,water
Answer optiond
Marks: 1
Chapter: 1
A. Single Ownership
B. Partnership
C. Public Sector
D. Private ltd.
Answer optionc
Marks: 1
Chapter: 3
B. Line organisation
C. Project organisation
D. Staff Organisation
Answer optionc
Marks: 1
Chapter: 3
A. Csutom Duty
B. Excise
C. Sales
Answer optiond
Marks: 1
Chapter: 4
A. Advertisement
B. Salary
C. Maintenance
Answer optiond
Marks: 1
Chapter: 4
A. Master Budget
B. Template Budget
C. Main Budget
D. Enterprize Budget
Answer optiona
Marks: 1
Chapter: 5
A. Workers
Management
B.
C. Government
Answer optionb
Marks: 1
Chapter: 5
A. Balance Sheet
C. Snap Sheet
D. Budget
Answer optiona
Marks: 1
Chapter: 5
A. MRP
B. SAP
C. ERP
D. 5S
Answer optiond
Marks: 2
Chapter: 5
A. Sufficient quantities
B. Small quantities
C. Medium quantities
Answer optionb
Marks: 1
Chapter: 6
A. MRPII
B. SAP
C. ERP
D. MRP
Answer optiond
Marks: 1
Chapter: 6
A. Authority
B. Delegation
C. Span of Control
D. Scop of Control
Answer optionc
Marks: 2
Chapter: 6
A. Chemical Industry
B. Agro Industry
C. IT Industry
D. Banking Industry
Answer optionb
Marks: 1
Chapter: 1
1163 Industries associated with are computer hardware, software, electronics, semiconductors, internet, telecom equipment and e-commerce
A. IT Industry
B. Banking Industry
C. Insurance Industry
D. Retail Industry
Answer optiona
Marks: 1
Chapter: 1
1164 _____ is a process of dividing large organisation into small and flexible administrative units.
A. Divisions formation
B. Defragmentation
C. Departmentation
D. Partitioning
Answer optionc
Marks: 1
Chapter: 3
D. No duplication of work
Answer optiond
Marks: 1
Chapter: 3
1166 Under which of the following case, an employer has to provide compensation to an employee?
Answer optiond
Marks: 1
Chapter: 4
1167 ____ is a multipoint destination based system of taxation, with tax being levied on value addition at each stage of transaction in the production/ distribution chai
A. Customs duty
B. Sales Tax
C. Service Tax
D. VAT
Answer optiond
Marks: 2
Chapter: 5
D. None
Answer optionc
Marks: 1
Chapter: 6
1169 Which of the following is not a step in purchasing?
A. If necessary, request for quotations is made on prescribed quotation form to all the selected sources of supply
D. Prepare a comparative statement of the rates, terms and conditions mentioned in the quotations and then analyze them
Answer optionb
Marks: 1
Chapter: 6
A product/service is said to possess good quality if it fulfills the following requirements. 1. Suitability (It is fit for the intended use) 2. Reliability (It gives efficien
1170
performance) 3. Durability (It has desired life) 4. Safe and foolproof workability (Its working is safe and foolproof)
B. 1 and 2
C. 2 and 3
D. 1,3 and 4
Answer optiona
Marks: 1
Chapter: 7
____ is a management technique used to communicate to employees what is required to produce the desired quality of products and services and to influence em
1171
to complete tasks according to the quality specifications
A. QC
B. 5S/9+
C. KAIZEN
D. QMS
Answer optiond
Marks: 1
Chapter: 7
A. Policies of co-operative.
B. initiate IT parks.
C. Globalisation policy
Answer optionc
Marks: 1
Chapter: 1
A. Textile company
B. Chemical Company
C. IT industry
D. All of above
Answer optionb
Marks: 1
Chapter: 1
Answer optionb
Marks: 1
Chapter: 2
A. 2
B. 2-5
C. 2-10
Answer optiond
Marks: 1
Chapter: 3
1176 The type of organisation structure in Varroc Ltd is shown below . Which type of Organisation Structure is this.
A. Line
B. functional
D. Project
Answer optionb
Marks: 2
Chapter: 3
1177 Sai Sale services is trading business started by four person by investing 2lacks each. Which is suitble ownership for that business.
A. Private Limited
B. Partnership
C. Propritership
D. Both I & ii
Answer optionb
Marks: 2
Chapter: 3
1178 Which of the following illustrates the use of a hedging (or matching) approach to financing?
D. All assets financed with a 50 percent equity, 50 percent long-term debt mixture.
Answer optionb
Marks: 1
Chapter: 5
A. Importers
B. manufacturere
C. Distributor
D. All
Answer optiond
Marks: 1
Chapter: 5
A. Fixed
B. Variable
C. Functional
D. None of these
Answer optionb
Marks: 2
Chapter: 5
1181 The ABC company Investment in purchasing raw material, salary is come under
A. Working Capital
B. fixed capital
C. blocked capital
D. ALL
Answer optiond
Marks: 2
Chapter: 5
1182 __________is set of activities that ensure right material at right quality and quantity in right time
A. Purchase Department
B. Quality Department
C. Marketting department
D. None of these
Answer optiona
Marks: 1
Chapter: 6
B. maximise the service level to the firm's customer & its operating departments
C. Both I & ii
D. None of these
Answer optionc
Marks: 2
Chapter: 6
A. Management
B. Board Of directors
C. workers
D. Supervisors
Answer optiond
Marks: 1
Chapter: 7
A paper mill supplies a corrugated container manufacturer with Kraft paper. The corrugated container manufacturer uses Kraft paper to manufacture corruga
1185
containers that are then sold to a cereal manufacturer. Which of the following is true?
C. Both the paper mill and cereal manufacturer are External customers to the corrugated container manufacturer.
D. None of these
Answer optionc
Marks: 2
Chapter: 7
Answer optionb
Marks: 1
Chapter: 1
A. Trade industry
B. Manufacturing industry
C. service Industry
D. All of above
Answer optionb
Marks: 1
Chapter: 1
A. Service
B. Manufacturing industry
C. Trade
D. None of these
Answer optiona
Marks: 1
Chapter: 1
1189 Which is the process by which manager select , train,pramote and retire their subordinates
A. Staffing
B. Directing
C. Co ordinating
D. Controlling
Answer optiona
Marks: 1
Chapter: 2
A. Departmentation
B. Project Organisation
C. Span of control
D. None of these
Answer optiona
Marks: 1
Chapter: 3
1191 Investment raised by share holder from public for profit based business in
A. Propritership
B. Partnership
D. Cooperative enterprises
Answer optionc
Marks: 1
Chapter: 3
A. Propritership
B. Partnership
D. Cooperative enterprises
Answer optiond
Marks: 1
Chapter: 3
A. Public Limited
B. Private Limited
C. Partnership
D. Propritership
Answer optiona
Marks: 1
Chapter: 3
A. Function
B. Process
C. Product
D. Territory
Answer optionc
Marks: 2
Chapter: 3
Sai Krupa Sugar & alied industry form by Mr. XYZ with 7 Board of director with, CEO. Under CEO, Plant Manager , Finance , & market . Plant Manager sup
1195
supervisor. Workers are under Supervisor. Investment raised by 43 share holder in it. Then which is suitable Organisation & form of Ownership
Answer optionb
Marks: 2
Chapter: 3
D. All of above
Answer optiond
Marks: 1
Chapter: 4
A. blocked capital
B. current capital
C. fixed capital
D. tight capital
Answer optionb
Marks: 1
Chapter: 5
A. Fixed
B. variable
C. functional
D. All of above
Answer optiond
Marks: 1
Chapter: 5
A. Production
B. Sales
C. Capital
D. None
Answer optiona
Marks: 1
Chapter: 5
1200 Johnson Company wants to procure Land & build the structure for its own company. Investment for this coming under
A. Ciculating Capital
B. Fixed capital
C. Working Capital
D. None
Answer optionb
Marks: 2
Chapter: 5
The concept in management which concern with flow of material in an organisation by using function like purchasing, storing, moving, distributing ,production
1201
called
A. Finance Management
B. Quality management
C. Material Management
D. None
Answer optionc
Marks: 1
Chapter: 6
1202 What is Ascending path for purchasing 1) Purchase Order 2) Material Requisition 3) market analysis 4) Quotation call 5) finalisation of supplier
A. 1-2-3-4-5
B. 2-5-3-4-1
C. 4-3-1-2-5
D. 2-4-3-5-1
Answer optiond
Marks: 2
Chapter: 6
A. Seiri
B. Seition
C. Seisco
D. Seiketsu
Answer optiond
Marks: 1
Chapter: 7
A. construction
B. Fisheries
C. Textile
D. All of above
Answer optiond
Marks: 1
Chapter: 1
A. Jan-2011
B. Jan-2009
C. Jan-2014
D. Jun-2011
Answer optiona
Marks: 1
Chapter: 1
Don Mackinnon , the person incharge of " Hear Music" has been given goals related to the rollout and sales of this subsidiary of starbucks . His success at imple
1206
strategy will be acessed by actual performance againest the goals . This comparison is known as :
A. Planning
B. Organizing
C. Controling
D. Implementing
Answer optionc
Marks: 2
Chapter: 2
1207 A partner who is not publically known as a partner but takes active part in the affairs of the business is
A. Sleeping patner
B. Active partner
C. Secrete partner
D. Nominal partner
Answer optionc
Marks: 1
Chapter: 3
In simple words the ………………………………can be defined as the association of two or more people doing business together to share the profit and expenses
1208
the business.
A. Propritorship
B. Partnership
C. Private Limited
D. Public Limited
Answer optionb
Marks: 2
Chapter: 3
Answer optiond
Marks: 1
Chapter: 4
1210 Which is an instrument of management used as aid in the planning , programming and control of business activity
A. Finance
B. Capital
C. Budget
D. VAT
Answer optionc
Marks: 1
Chapter: 5
1211 A single unit of ownership in a corporation , mutual fund or any other type of organization is called
A. Asset
B. Liability
C. Share
D. Debenture
Answer optionc
Marks: 1
Chapter: 5
A. Consumption Tax
B. Sales Tax
C. Wealth Tax
D. All of above
Answer optiond
Marks: 2
Chapter: 5
1213 Which includes expenses like commission to salesman ,advirtisement, discount given , carriage outward, bad debit, cost of service after sale ,rent of go down ,exp
delivery of material etc.
A. Opening stock
B. Purchases
C. Sales
Answer optiond
Marks: 2
Chapter: 5
C. The department which needs material sens material recipt note to purchase department
D. All of these
Answer optionb
Marks: 2
Chapter: 6
B. Quality standard
Answer optionc
Marks: 1
Chapter: 7
A. Fabric
B. Cloth
C. Yarn
D. Fibre
Answer optionc
Marks: 1
Chapter: 1
1217 The organized efforts by cetain persons, to Supply the consumers with goods and services is called _____
A. Trade
B. organization
C. Management
D. Business
Answer optiond
Marks: 1
Chapter: 1
1218 A…. Is any achievement of the end point that is stated in quantitative term .
A. Policy
B. Goal
C. Objective
D. Mission
Answer optionb
Marks: 1
Chapter: 2
A. R& D Manager
Engineers
B.
C. General Managers
D. None of these
Answer optionc
Marks: 1
Chapter: 2
A. Administration
B. Management
C. Science
D. Technic
Answer optiona
Marks: 1
Chapter: 2
A. Centralization of Authority
B. Scalar Chain
C. Order
D. None of these
Answer optiond
Marks: 1
Chapter: 2
1222 The process by which actual performance of subordinates is guided towords common goal of the enterprise is call ……
A. Organisation
B. Unity of command
C. Directing
D. Planning
Answer optionc
Marks: 1
Chapter: 2
Identify which statement is correct related to organization Theory Organization theory may be defines as the study of 1. Functioning 2. Perfrmance of organizat
1223
4. The behaviour of Group
A. Both 2 & 4
B. Both 1 &3
D. None of these
Answer optionc
Marks: 1
Chapter: 3
A. Line organisation
C. Functional organisation
D. Project organisation
Answer optionc
Marks: 1
Chapter: 3
1225 It is The process which is used to group the activities of the enterprise into various division for the purpose of the efficient management .
A. Organisation
B. Departmentation
C. Administration
Span of Control
D.
Answer optionb
Marks: 1
Chapter: 3
A. Government
B. Cooperative
C. Joint stack
D. Public limited
Answer optionb
Marks: 2
Chapter: 3
A. Fatal Accident
C. Minor Accident
D. Major Accident
Answer optiona
Marks: 1
Chapter: 4
A. A widow
C. A widowed mother
Answer optiond
Marks: 1
Chapter: 4
A. Financial planning
B. Financial Control
Answer optiond
Marks: 1
Chapter: 5
A. Internal Source
B. External Source
Answer optiona
Marks: 1
Chapter: 5
1231 …….. Is a direct tax levied on the income earned by individuals,corporations or on other forms of business entities.
A. Excise Duty
B. Sale Tax
C. Income Tax
D. Service Tax
Answer optionc
Marks: 2
Chapter: 5
A. Excise Duty
B. Sales Tax
C. Custom Duty
D. Service Tax
Answer optionc
Marks: 2
Chapter: 5
A. ERP
B. BOM
D. MPS
Answer optiona
Marks: 2
Chapter: 6
1234 Work out product requirements in details and set product specifications on the basis of customer preferance ,cost and profit is a function of ………………
A. Inventary management
B. Quality management
C. Production management
D. Material Management
Answer optionb
Marks: 2
Chapter: 7
1. Customer Focus 2. Ledership 3. Continual improvement 4. System Approach to Management 5. Mutually beneficial Supplier relationship 6. Process approach
1235
approach to decision making 8. People involvement It is principles of …………………..
A. 5S
B. ISO9001:2000
C. Kaizen
D. TQM
Answer optionb
Marks: 2
Chapter: 7
1236 ____can be defined as an unsecured loan certificate issued by a company which is backed by general creditninstead by specified assets.
A. Asset
B. Liability
C. Share
D. Debenture
Answer optiond
Marks: 2
Chapter: 5
1237 _____ includes the bad debt means amount that cannot be recovered from market .It is treated as a loss.
A. Indirect income
B. R.D.D account
C. Sales
Answer optionb
Marks: 1
Chapter: 5
1238 ____assists in taking decision correctly & also implementing it effectively & efficiently
A. Direct Tax
B. Indirect Tax
C. Service Tax
D. Income Tax
Answer optiona
Marks: 1
Chapter: 5
1239 Which of the following is not included in the causes of accidents under natural disaster?
A. floods
B. heavy rains
C. tsunami
D. gas leakage
Answer optiond
Marks: 2
Chapter: 4
1240 ____ is a temporary in nature & the erning capacity is reduced due to disablement .
A. Partial disablement
B. Total disablement
D. None of above
Answer optiona
Marks: 1
Chapter: 4
A. Health provisions
B. Safety provisions
C. Welfare provisions
D. precautions
Answer optionc
Marks: 1
Chapter: 4
1242 Absence of _____ in units will lead to failure in achiving organizational goal.
A. Communication
B. Balance
C. Flexibility
Answer optiond
Marks: 2
Chapter: 3
1243 _____is generally from lowest grade employee to the top executives
A. Downward communication
B. Upward communication
C. horizontal communication
D. Unofficial communication
Answer optionb
Marks: 1
Chapter: 3
A. Planning
B. Controlling
C. Directing
D. Motivation
Answer optiond
Marks: 1
Chapter: 2
Answer optionc
Marks: 1
Chapter: 1
1246 The rates at which the excise duty to be collected are specified in the Central Excise Tariff Act _____
A. 1944
B. 1948
C. 1985
D. 1946
Answer optionc
Marks: 2
Chapter: 5
1247 ______ is an intelligent activity includes decision making ,selection of venders etc.
A. Purchasing
B. Purchasing department
C. Procurement
D. Purchase order
Answer optiond
Marks: 1
Chapter: 6
1248 Suggest appropriate Quantity(%) and purchase rate in the blank spaces provided in following ABC Classification
A. 50,intermediate purchase
B. 50,infrequent
C. 50,Frequent
D. 40,frequent
Answer optiona
Marks: 2
Chapter: 6
A. Sigma
B. Six Sigma
C. DMAIC
D. Systemize
Answer optionb
Marks: 1
Chapter: 7
1250 It aims to reduce defects to a rate of _____ defects per _____defect opportunity by identifying & eliminating causes of variation in business processes
A. 3.1,billion
B. 3.4,million
C. 3.4,thousands
D. 3.4 ,hundreds
Answer optionb
Marks: 2
Chapter: 7
A. Liberalization,Privatization,Globalization
B. Liberate,Private,Globalization
C. Liberate,Private,Global
D. None of above
Answer optiona
Marks: 1
Chapter: 1
1252 The items are produced using material with the help of different engineering processes and technologies is
A. Service
B. Manufacturing
C. Trade
D. None of above
Answer optionb
Marks: 1
Chapter: 1
A. Employement Opportunity
B. Foreign investment
C. Competition
D. All of above
Answer optiond
Marks: 1
Chapter: 1
D. None of above
Answer optiona
Marks: 1
Chapter: 1
A. Henry Feyol
B. F.W.Taylor
C. Gilberth
D. Juran
Answer optionb
Marks: 1
Chapter: 2
A. Lead
B. Actuate
C. None of above
Answer optiond
Marks: 1
Chapter: 2
1257 Taking decisions and determine the objectives in company is the role of
A. Managament
B. Administration
C. Public
D. Workers
Answer optionb
Marks: 1
Chapter: 2
A. Line organization
C. Fuction organization
D. All of above
Answer optionb
Marks: 1
Chapter: 3
C. Sitting facilities
D. None of above
Answer optiona
Marks: 1
Chapter: 4
1260 _____is defined as an accounting book of final entry where transactions are listed is separate or different accounts.
A. Assets
B. Liability
C. Ledger
D. Journal
Answer optionc
Marks: 1
Chapter: 5
A. Floating capital
B. Sinking capital
C. Working capital
D. Fixed capital
Answer optiond
Marks: 1
Chapter: 5
A. Direct tax
B. Indirect tax
C. Service tax
D. All of above
Answer optiona
Marks: 1
Chapter: 5
A. Trade credit
B. Credit facilities
C. Retained earnings
Marks: 1
Chapter: 5
1264 Buying new machinery,Doing research and Development are the examples of
A. Deffered taxation
B. Retained earning
C. Depreciation provisions
D. All of above
Answer optionb
Marks: 2
Chapter: 5
1265 An integrated information system that serves all department within an enterprise is called as
A. MRP
B. MPR
C. ERP
D. EPR
Answer optionc
Marks: 1
Chapter: 6
1266 Ideantify the different inferences of EOQ i)No quantity discounts ii)No stock out will be there iii)Receipt of material is immediate iv)Only order cost and holding
A. Only i
B. Only i and ii
D. i,ii,iii,iv
Answer optiond
Marks: 2
Chapter: 6
1267 Ideantify important constitutes from following i)orderliness and cleaniness ii)Punctuality and continuous efforts iii)Customer service iv)Standization of work
A. Only i
B. Only i and ii
C. Only ii
D. i,ii,iii,iv
Answer optiond
Marks: 1
Chapter: 7
A. 2 ,4
B. 5,8
C. 5,10
D. 2,20
Answer optionc
Marks: 1
Chapter: 7
1269 Match the following,select proper option L)Structurize i)Cleaning M)Systemize ii)Standardization N)Standardize iii)Neatness O)Sanitizeiv)Organization
A. L-ii,M-iv,N-i,O-iii
B. L-i,M-iv,N-ii,O-iii
C. L-iv,M-iii,N-ii,O-i
D. L-iv,M-i,N-iii,O-ii
Answer optionc
Marks: 2
Chapter: 7
1270 Which are the following two elements of TQM i)Quality of planning ii)Quality of design iii)Quality implementation iv)Quality of performance
A. i and iii
B. ii and iv
C. ii and iii
D. i and iv
Answer optiona
Marks: 2
Chapter: 7
Vidarbh Textiles is establishing company. In the first meeting some policies were determined which includes determine companies objective, Formulate correct p
1271
cost and performance standards for budget and prepare short range plans to evaluate achievements . Identify the function of management discussed in the said
A. a) Planning
B. b) Organising
C. c)Directing
D. d)Coordinating
Answer optiona
Marks: 2
Chapter: 2
A. a) Four
B. b) Three
C. c) As per situation
D. d) Can't say
Answer optionb
Marks: 1
Chapter: 2
A. a) Establish taks
B. b) Indentify resources
C. c)Prioritize goals
D. d) Establish goals
Answer optiond
Marks: 1
Chapter: 2
A. a) Historical period
B. b) After 1800
C. c) After 1900
D. d) After 1700
Answer optiona
Marks: 1
Chapter: 2
1275 Who said this ," Management is getting the things done by others "-?
A. a) Henry Gantt
B. b) Drucker
C. c)Mery Parker
D. d)Henry Fayol
Answer optionc
Marks: 1
Chapter: 2
A. a) Agriculture
B. b) Fishing
C. c) Service
D. d) Manufacturing
Answer optionc
Marks: 1
Chapter: 1
Answer optiond
Marks: 1
Chapter: 1
A. a) goods
B. b) service
C. a and b both
D. none of these
Answer optionc
Marks: 1
Chapter: 1
D. b and c both
Answer optionc
Marks: 1
Chapter: 1
A. Active
B. sleeping
C. a and b both
D. none of these
Answer optionc
Marks: 1
Chapter: 3
1281 Express papers ltd is a joint stock private limited company. What is maximum limit of members?
A. a) 14
B. b) 50
C. c) 7
D. d) No such limit
Answer optionb
Marks: 1
Chapter: 3
A. a) An abrasion
B. b) Puncture
C. c) Wound
Marks: 1
Chapter: 4
A. Working capital
B. Fixed capital
C. circulating capital
D. none of these
Answer optionb
Marks: 1
Chapter: 5
Answer optiond
Marks: 1
Chapter: 5
1285 Which of the following budget is a forecast of the number of products that must be manufactured ?
A. a) Sales Budget
B. b) Production Budget
C. c) Purchase Budget
D. d)Cash Budget
Answer optionb
Marks: 1
Chapter: 5
1286 Which of the following types of budgets essential for smooth working of Manufacturing Industry ?
Answer optiond
Marks: 2
Chapter: 5
1287 Which of the following management task , refers to process of planning,storing and providing the appropriate material of the right quantity at right time and pl
A. a) Materials Management
B. b) Operational Management
C. c) Financial Management
D. d) Marketing Management
Answer optiona
Marks: 1
Chapter: 6
Answer optionc
Marks: 1
Chapter: 6
1289 Items like nuts , bolts ,screws are given a rating of -
A. a) Items A
B. b)Items B
C. c) Items C
D. d) Items D
Answer optionc
Marks: 1
Chapter: 6
Answer optiona
Marks: 2
Chapter: 6
1291 Figure shows six sigma DMAIC cycle . Identify the missing terms from the options given below?
A. a) 1- Analyse 3- Define
B. b) 1- Design 3- Analyse
C. c) 1- Define 3- Allot
D. d) 1- Define 3- Analyse
Answer optiond
Marks: 2
Chapter: 7
Answer optiona
Marks: 1
Chapter: 1
A. Production
B. Purchase
C. Payment
D. All of these
Answer optiond
Marks: 1
Chapter: 2
A. Honesty
B. Competent
C. Forward looking
D. All of these
Answer optiond
Marks: 1
Chapter: 2
A. Chain of command
B. Authority
C. Responsibility
D. Work specialization
Answer optiond
Marks: 1
Chapter: 2
1296 "The process of classifying an organization on the basis of similar activities,to facilate planning and control is called …….
A. Organization
B. Departmentation
C. Decentralization
D. centralization
Answer optionb
Marks: 1
Chapter: 3
B. Functional organization
C. Line organization
D. Project organization
Answer optionc
Marks: 1
Chapter: 3
1298 "…………….. Is an association of two or more persons who have agreed to share the profits of a business carried on by all or any of them acting for all"
A. Proprietorship
B. Partership
D. Co operative Society
Answer optionb
Marks: 1
Chapter: 3
1299 To ensure …………, a long term planning related to the required manpower ,traning and development for employees is required
A. Balance
B. Stability
C. Flexibility
D. All of these
Answer optionb
Marks: 2
Chapter: 3
A. Profit motive
B. Service motive
C. Service members
D. All of these
Answer optionb
Marks: 2
Chapter: 3
1301 Which of the following is not a human cause for accidents in industry?
B. mental worries
C. carelessness
Answer optiona
Marks: 1
Chapter: 4
A. Harmful substances
B. Toxic gases
C. Dangerous fumes
D. All of these
Answer optiond
Marks: 1
Chapter: 4
1303 Where death from accidents, amount of compensation given by which act
A. Factory Act
Answer optionc
Marks: 2
Chapter: 4
A. Service Tax
B. Income Tax
C. Excise Duty
D. VAT
Answer optionb
Marks: 1
Chapter: 5
A. Balance Sheet
C. Capital account
D. Trading account
Answer optionb
Marks: 2
Chapter: 5
1306 A' type of item are generally ….. Of all inventories cost
A. 0%
B. 10%
C. 50%
D. 1%
Answer optiond
Marks: 1
Chapter: 6
1307 ……… mainly focuses on the right quantity of items to be stored to reduce the cost associated with the inventories
A. ABC
B. EOQ
C. ERP
D. SAP
Answer optionb
Marks: 1
Chapter: 6
D. All of these
Answer optiond
Marks: 1
Chapter: 6
D. All of these
Answer optiond
Marks: 2
Chapter: 6
1310 ……… module facilitates processes of maintaining the stock levels in a warehouse
A. Production
B. Purchasing
D. Inventory
Answer optiond
Marks: 2
Chapter: 6
A. Customer focus
B. Involment of people
C. Process approach
D. All of these
Answer optiond
Marks: 1
Chapter: 7
A. ISO
B. TQM
C. TQP
D. All of these
Answer optionb
Marks: 1
Chapter: 7
1313 A process whereby superiors and subordinates jointly set goals and assess contributions of Every one to the common goals is called__________.
A. MBE
B. MBO
C. MBS
D. MBP
Answer optionb
Marks: 2
Chapter: 3
1314 Departmentation on the basis of activities grouped according to the type of customer is__________.
A. departmentation by function
B. departmentation byproducts
C. departmentation by territory
D. departmentation by customers
Answer optiond
Marks: 1
Chapter: 3
A. Taylor
B. Elton Mayo
C. Peter Drucker
D. Maslow
Answer optionc
Marks: 1
Chapter: 3
1316 out of following which is not the correct advantage of 'Division of Work'?
Answer optionb
Marks: 1
Chapter: 2
1317 Management is an organ; organs can be described and defined only through their functions. This definition was given by____________.
A. Peter F. Drucker
B. Terry.
C. Louis Allan.
D. Henry Fayol.
Answer optiona
Marks: 1
Chapter: 2
B. Chemicals
C. finished products
D. fishes
Answer optiona
Marks: 1
Chapter: 1
D. none of these
Answer optionb
Marks: 1
Chapter: 4
As per Factories Act "Factory" means any premises including the precincts there of where ____ or more workers are working or were working on any day of th
1320
months, and in any part of which a manufacturing process isbeing carried on without the aid of power, or is ordinarily so carried on.
A. 40
B. 20
C. 50
D. 100
Answer optionb
Marks: 2
Chapter: 4
A. control of cash
B. financial control
C. management of earnings
Answer optiond
Marks: 1
Chapter: 5
1322 computer software, goodwill, brands / tradmarks, mining rights, copyrights and patents are known as __________
A. tangible assets
B. intangible assets
D. none
Answer optionb
Marks: 1
Chapter: 5
1323 _____________ is levied on the sale of commodity, it is produced or imported and sold for the first time.
A. customs duty
B. sales tax
C. service tax
D. gift tax
Answer optionb
Marks: 1
Chapter: 5
A. Total cost
Answer optionb
Marks: 2
Chapter: 5
Answer optiond
Marks: 1
Chapter: 6
1326 C' class items are _______________ % of the total number of items
A. 5-10
B. 15-25
C. 65-75
Answer optionc
Marks: 1
Chapter: 6
1327 To have selective control and focus attention only on important items __________ will helps manager
A. ABC analysis
B. EOQ
C. inventory
Answer optiona
Marks: 1
Chapter: 6
JIT (Just-In-Time) inventory control is an approach to inventory control, which stipulates that materials should arrive just, as they are needed, in the productio
1328
Which of the following would generally not be associated with a successful JIT program, for the purpose of inventory control?
Answer optionc
Marks: 2
Chapter: 6
1329 ______________ is a computer based system designed to stramline and integrate various operation and information flows in the company
A. MRP
B. ERP
C. MPS
D. TQM
Answer optionb
Marks: 2
Chapter: 6
1330 Each __________ is lead by the area supervisor and all circles are co-ordinated by a facilitator
A. Kaizen
B. 5 S
C. Quality Circle
D. ERP
Answer optionc
Marks: 1
Chapter: 7
A. manufacturing
B. business
C. customer relationship
D. continous
Answer optionb
Marks: 1
Chapter: 7
Answer optiond
Marks: 1
Chapter: 1
D. Decrease in rainfall
Answer optiond
Marks: 1
Chapter: 1
1334 Name the scientist who put forward the theory of 'hierarchy of human needs'.
A. Elton Mayo
B. Abraham Maslow
C. Peter Drucker
D. Frank Gilbreth
Answer optionb
Marks: 1
Chapter: 2
1335 Which alternative can replace blank spaces in given statement? Statement: '----------------------- and---------------------- must always go together.'
A. Authority, opportunity
B. Authority, responsibility
C. Authority, discipline
D. Accountability, productivity
Answer optionb
Marks: 1
Chapter: 2
A. Decision making
C. Maintenance of machines
D. Material handling
Answer optiona
Marks: 1
Chapter: 2
1337 Identify correct meaning of Fayol's principle 'Subordination of individual interests to the general interests.'
Answer optionb
Marks: 1
Chapter: 2
What is the correct sequence of control procedure? ( P) taking corrective action (Q) Measuring actual performance ( R )Setting up standard (S) Comparison of
1338
Standard
A. RQSP
B. RPQS
C. RSQP
D. PQSR
Answer optiona
Marks: 2
Chapter: 2
1339 Identify the alternative which does not indicate feature of a joint stock company?
B. Unlimited Liability
C. Perprtual Succession
Marks: 1
Chapter: 3
1340 In which type of organisation decision making activity consumes least time?
A. Line organisation
C. Project Organisation
D. Functional Organisation
Answer optiona
Marks: 1
Chapter: 3
Some women from a village want to set up a small industrial unit to produce various types of Jams ,Jellies,Juices from locally available fruits.Which form of ow
1341
more suitable for this agro based industry ?
A. Proprietory firm
B. Partnership firm
C. Co-operative Society
Answer optionc
Marks: 1
Chapter: 3
1342 What is the most suitable base for departmentation for a company selling only washing machines over entire India?
A. Product
B. Process
C. Function
D. Territory
Answer optiond
Marks: 2
Chapter: 3
M/s Technica Private Limied is a medium scale industry which manufactures and sells machine tools.It requires services of experts in various fields like metallu
1343
engineering,computer software,finance,manufacturing,etc.Which type of organisation structure will be more suitable for this company?
A. Line organisation
C. Project Organisation
D. Functional Organisation
Answer optionb
Marks: 2
Chapter: 3
Identify the alternative which can correctly replace blank spaces in following statement. Statement:According to Factories Act ,women workers can work in fac
1344
hours between ---------------------------------.
Answer optiond
Marks: 1
Chapter: 4
1345 Which industrial Act safeguards interests of workers against their expolitation regarding wages?
Answer optionb
Marks: 1
Chapter: 4
Answer optiond
Marks: 1
Chapter: 4
A. Excise duty
C. Income Tax
D. Gift Tax
Answer optiona
Marks: 1
Chapter: 5
1348 The expenditure on which of following items can be classified as Working Capital?
A. Machine Tools
B. Electricity Generator
C. Maintenance of machines
D. Patents
Answer optionc
Marks: 1
Chapter: 5
C. Debenture holders get interest on their investment irrespective of Company's financial performance.
Answer optionb
Marks: 1
Chapter: 5
1350 Which budget can be considered as summarised budget for entire organisation?
A. Final Budget
B. Central Budget
C. Master Budget
D. Total Budget
Answer optionc
Marks: 2
Chapter: 5
Which pair is correctly matched? Group I :(p)Excise duty (q)Customs duty (r ) Income Tax (s) VAT Group II: (a) Income of individual (b) Production of goods (
1351
value added (d) Import of goods
A. p-b,q-a,r-d,s-c
B. p-b,q-d,r-a,s-c
C. p-b,q-c,r-a,s-d
D. p-c,q-a,r-d,s-d
Answer optionb
Marks: 2
Chapter: 5
1352 Which costs are optimised to find EOQ ? (p)Procurement Cost (q) Material Cost ( r) Labour Cost ( s) Indirect Cost (t) Inventory carrying cost
A. (p)& (q)
C. (p)& (t)
Answer optionc
Marks: 1
Chapter: 6
Answer optiond
Marks: 1
Chapter: 6
A. Time duration between placing an order to the supplier and actual receiving material
Answer optiona
Marks: 1
Chapter: 6
Answer optionc
Marks: 1
Chapter: 6
B. 'A'category items are least in number but their share in annual consumption cost is maximum.
Answer optiona
Marks: 2
Chapter: 6
What is the correct sequence of Purchase procedure? ( P)Decision of purchasing (Q) Issuing Purchase order ( R )Market analysis of material suppliers (S) Mate
1357
received (T)Material receiving,accepting and payment to supplier (U) Finalisation of suppliers
A. S-P-R-Q-T-U
B. S-R-P-U-Q-T
C. S-Q-R-U-P-T
D. S-P-R-U-Q-T
Answer optiond
Marks: 2
Chapter: 6
1358 Identify the position which is not included in organisation for Quality Circle?
A. Facilitator
Director
B.
C. Member,Steering Committee
D. Leader
Answer optionb
Marks: 1
Chapter: 7
D. Quality is negotiable.
Answer optiond
Marks: 1
Chapter: 7
A. Seiri
B. Seition
C. Shinto
D. Seiso
Answer optionc
Marks: 1
Chapter: 7
1361 Find incorrect pair of ISO standard and and its title.
Answer optiond
Marks: 2
Chapter: 7
B. Continuous improvement
Answer optionc
Marks: 2
Chapter: 7
Answer optionb
Marks: 1
Chapter: 6
Marks: 1
Chapter: 6
C. A woman inventor
Answer optiona
Marks: 1
Chapter: 6
Which alternative can replace blank space in given statement? Statement : ------------------ is a business management system which integrates all functional units
1366
through a common corporate database.
B. Inventory Control
Answer optionc
Marks: 2
Chapter: 5
Answer optiona
Marks: 2
Chapter: 5
B. Retained Earnings
C. Bank overdraft
Answer optionc
Marks: 1
Chapter: 5
Which alternative can replace blank space in given statement? Statement : A ------------------ is a forecast of revenues ,expenses and resources over a specified fut
1369
time.
C. Budget
D. Balance Sheet
Answer optionc
Marks: 1
Chapter: 5
Answer optionb
Marks: 1
Chapter: 4
1371 Which of the following can not be considered as welfare activity for workers.
Answer optiona
Marks: 1
Chapter: 4
1372 In following alternatives,some statements related with Public Sector are given .Identify which statement is incorrect .
C. The main motive of public sector units is profit and social benefit is secondary motive.
Answer optionc
Marks: 2
Chapter: 3
A. 02
B. 07
C. 20
D. 50
Answer optionb
Marks: 1
Chapter: 3
C. Proprietory firm
D. Co-operative Socirty
Answer optionc
Marks: 1
Chapter: 3
1375 For which type of following business, the form of cooperative society will be the most suitable?
Answer optionc
Marks: 1
Chapter: 3
A. Leadership
B. Communication
C. Co-ordination
D. Supervision
Answer optionc
Marks: 1
Chapter: 2
1377 Identify the alternative which does not give function of middle level management.
Answer optionb
Marks: 1
Chapter: 2
1378 Name the scientist who put forward the theory of 'Scientific Management'.
A. Abraham Maslow
B. Frank Gilbreth
C. Henry Fayol
D. F.W.Taylor
Answer optiond
Marks: 1
Chapter: 2
A. Jute bags
B. Chemical Pesticide
C. Jaggery
D. Fruit Jam
Answer optionb
Marks: 1
Chapter: 1
1380 Identify the organisation which does not belong to Service Sector.
B. Bank of Maharashtra
Answer optiona
Marks: 1
Chapter: 1
1381 Identify false statement out of given statements in alternatives,regarding effects of globalisation.
B. Small scale industries are facing severe competition from large scale industries.
C. Cheaper products manufactured outside India are preferred by Indian customers compared to Indian products
D. Identity of nationality is enhanced due to foreign collaboration and multi national companies.
Answer optiond
Marks: 1
Chapter: 1
Answer optionb
Marks: 1
Chapter: 1
What is the first step of Purchase procedure? ( P)Decision of purchasing (Q) Issuing Purchase order ( R )Market analysis of material suppliers (S) Material requ
1383
(T)Material receiving,accepting and payment to supplier (U) Finalisation of suppliers
A. Finalisation of Supplier
Answer optionc
Marks: 2
Chapter: 6
1384 What is the term used for slow but never ending improvement in all aspects of life ?
A. Kan Ban
B. Seiketsu
C. Kaizen
D. Poka Yoka
Answer optionc
Marks: 1
Chapter: 7
1385 With reference to 5S, which pair of Japaneese word and its meaning in English is not properly matched?
A. Seiri-Sustaining
B. Seition-Set in order
C. Seiso-Shining
D. Seiketsu-Standardising
Answer optiona
Marks: 1
Chapter: 7
What is the correct sequence of planning procedure? ( P) Planning premises (Q) Implementing Plan & taking corrective actions ( R )Evaluating Alternatives &
1386
best (S) Developing alternative Plans(T) Fixing objectives
A. TPRSQ
B. TPSRQ
C. RSQPT
D. PTSRQ
Answer optionb
Marks: 2
Chapter: 2
M/s Madhura Sugars is a private firm in sugar industry which produces and sells sugar, that is produced by chemically processing sugarcane juice.Which type o
1387
more suitable for this company?
A. Line organisation
C. Project Organisation
D. Functional Organisation
Answer optiona
Marks: 2
Chapter: 3
Answer optiona
Marks: 1
Chapter: 5
B. 'C'category items are least in number but their share in annual consumption cost is maximum.
Answer optionc
Marks: 2
Chapter: 6
A. Basic objective of Q.C. is to identify and solve work related problems for improving Quality and Productivity
B. Q.C.is based on concept that employees closest to the problem better understand nature of problem and its feasible solution.
Answer optionc
Marks: 2
Chapter: 7
D. None of above
Answer optionb
Marks: 1
Chapter: 1
A. Frank Gilbreth
B. Peter Drucker
C. Frederick Taylor
D. Henry Fayol
Answer optionc
Marks: 1
Chapter: 2
A. Scalar Chain
B. Order
C. Equity
D. Unity of Command
Answer optionc
Marks: 1
Chapter: 2
1394 The managers working at middle level ____ manages the whole organization and reach to the goal defined by top management.
A. Strategically
B. Tactically
C. Operationally
Answer optionb
Marks: 1
Chapter: 2
1395 ____ are private and mainly created for providing the different services to the individual as well as society.
A. Private Undertaking
B. Partnership
D. Cooperative Organizations
Answer optiond
Marks: 1
Chapter: 3
C. Co-operative Organization
D. Private Undertaking
Answer optiona
Marks: 1
Chapter: 3
1397 ____ are Public welfare Department, Department of Human Resource Development etc
A. Government departments
B. Public Companies
C. Public Corportations
D. Private Undertaking
Answer optiona
Marks: 2
Chapter: 3
1398 Tsunami is an
Answer optiond
Marks: 1
Chapter: 4
A. Capital
B. Finance
C. Budget
D. VAT
Answer optiona
Marks: 1
Chapter: 5
A. Retained Earnings
B. Depreciation Provisions
C. Deferred Taxation
Answer optionb
Marks: 1
Chapter: 5
1401 Suggest the appropriate types of sources for Middle Term Capital
Answer optionb
Marks: 2
Chapter: 5
A. Finance
B. Inventory
Answer optionb
Marks: 1
Chapter: 6
1403 ____ is one which allows lowest cost per unit and is most advantageous
Answer optiona
Marks: 1
Chapter: 6
Answer optionb
Marks: 2
Chapter: 6
Arrange the activities of Purchasing Procedure before issuing Purchase order i) Making request for quotation ii)Selection of possible potentials sources of suppl
1405
right source of supply iv) Receipt and analysis of quotations
A. i, ii, iii, iv
C. ii, iii, i, iv
Answer optionb
Marks: 2
Chapter: 6
1406 CRM is
Answer optiona
Marks: 1
Chapter: 7
Answer optiona
Marks: 1
Chapter: 7
1408 Match the following -Select Proper Option l) Quality Circle i)School of Wisdom m) Kaizen ii) Small group of voluntary employees n) 6 sigma iii) 3.4 defects per
Answer optionc
Marks: 2
Chapter: 7
1409 Statement 1:MRP maintains maximum inventory Statement 2:MRP provides better inventory turnover
C. 1 correct, 2 wrong
D. 1 wrong,2 correct
Answer optiond
Marks: 2
Chapter: 6
C. Both a and b
D. None
Answer optionc
Marks: 1
Chapter: 6
A. Flexibility
B. Function
C. Mechanism
D. None
Answer optionb
Marks: 1
Chapter: 5
1412 A budget which is designed to change in relation with the level of activity of the business
B. variable budget
C. cash budget
D. material budget
Answer optionb
Marks: 1
Chapter: 5
1413 According to Workman's compensation act, in which of the following cases should an employer provide compensation to the employee?
D. All of above
Answer optiond
Marks: 1
Chapter: 4
A. Worker
B. Management
C. Working condition
D. All of above
Answer optiond
Marks: 1
Chapter: 4
Answer optionb
Marks: 1
Chapter: 2
Answer optionc
Marks: 1
Chapter: 2
A. Planning
B. Controlling
C. Discipline
D. Directing
Answer optionc
Marks: 1
Chapter: 2
A. Concept of bureaucracy
B. Motion Study
C. Theory X &Theory Y
D. Time study
Answer optionc
Marks: 1
Chapter: 2
A. Global trade
B. Foreign trade
C. International trade
D. Internal trade
Answer optiond
Marks: 1
Chapter: 1
A. Cars
B. Three Wheelers
C. Heavy Vehicles
D. Public travels
Answer optionb
Marks: 1
Chapter: 1
C. 1 correct, 2 wrong
D. 1 wrong,2 correct
Answer optiona
Marks: 2
Chapter: 6
A. Assures Quality
C. Both a and b
D. None
Answer optiona
Marks: 1
Chapter: 7
1423 Match the pairsof column 1 & 2 Column 1 a) Seiri b) Seition c) Seiso d) Seiketsu Column 2 1) Standardise 2) Sanitise 3) Systemise 4) Structurise
A. a-1,b-3,c-4,d-2
B. a-2,b-1,c-3,d-4
C. a-3,b-2,c-1,d-4
D. a-4,b-3,c-2,d-1
Answer optiond
Marks: 2
Chapter: 7
D. None
Answer optiona
Marks: 2
Chapter: 6
D. None
Answer optiond
Marks: 1
Chapter: 6
A. ERP
B. MRP-II
C. MRP
D. SAP
Answer optionc
Marks: 1
Chapter: 6
A. Short term
B. Medium term
C. Long term
D. None
Answer optionc
Marks: 2
Chapter: 5
Answer optionb
Marks: 1
Chapter: 5
A. Organisation brochure
B. Oragnisation chart
C. Organisation draft
Answer optionb
Marks: 1
Chapter: 3
A. Security
B. Physiology
C. Social
D. Self-Actualisation
Answer optionb
Marks: 1
Chapter: 2
A. Mining industry
B. Cement Industry
C. Service Industry
D. Sugar Industry
Answer optionc
Marks: 1
Chapter: 1
A. 1947
B. 1950
C. 1933
D. 1935
Answer optiond
Marks: 1
Chapter: 1
A. Customer focus
B. Continuous improvement
Answer optiond
Marks: 1
Chapter: 7
1434 5 S is
C. Disciplined
D. Positioning of items
Answer optiond
Marks: 1
Chapter: 7
Answer optionb
Marks: 1
Chapter: 1
A. Physiological
B. Security
C. social
D. Self actualisation
Answer optiona
Marks: 1
Chapter: 2
A. Public sector
B. service sector
C. People's sector
D. none
Answer optiona
Marks: 1
Chapter: 3
A. Active
B. Perfect
C. Nominal
D. Sleeping
Answer optionb
Marks: 1
Chapter: 3
C. ownership company
D. partnership company
Answer optiona
Marks: 2
Chapter: 3
C. both
D. none
Answer optionb
Marks: 2
Chapter: 4
A. Leader's commitment
B. Innovative
D. All
Answer optiond
Marks: 1
Chapter: 7
1442 An adult worker can work up to ____ hrs in a day as per factories Act, 1948.
A. 8
B. 9
C. 10
D. 12
Answer optionb
Marks: 1
Chapter: 4
1443 Minimum ___________ & Maximum ____________ Persons can be partners in a business
A. 4,20
B. 2,20
C. 4,10
D. 2,10
Answer optionb
Marks: 2
Chapter: 3
A. Manager, Employee
B. C. E. O., H.R.
C. Manager , Supervisior
D. Superior , Subordinate
Answer optiond
Marks: 2
Chapter: 3
1445 A public limited company can have minimum ____ and maximum ___ members.
A. 2, unlimited
B. 2, 100
C. 4, 100
D. 7, unlimited
Answer optiond
Marks: 1
Chapter: 3
A. Machines
B. work
C. advice
D. orders
Answer optionc
Marks: 1
Chapter: 3
1447 Need- want - satisfaction chain is invented by _______
A. Maslow
B. Taylor
C. Drucker
D. Fayol
Answer optiona
Marks: 1
Chapter: 2
1448 _____ policy covers all the medical expenses following hospitalisation.
A. health insurance
B. travel insurance
C. life insurance
D. motor insurance
Answer optiona
Marks: 1
Chapter: 1
A. 10%
B. 12%
C. 12.36%
D. 15%
Answer optionb
Marks: 1
Chapter: 5
B. trade payables
Answer optiond
Marks: 1
Chapter: 5
B. 1-Mft. Overhead Budget 2- Production Budget 3-Cash budget 4-Direct Material Budget
C. 1-Mft. Overhead Budget 2- Production Budget 3- Direct Material Budget 4-Cash budget
D. 1- Cash budget 2- Production Budget 3- Direct Material Budget 4-Mft. Overhead Budget
Answer optiona
Marks: 2
Chapter: 5
B. Material requisition
C. Finalisation of supplier
D. Market analysis
Answer optionb
Marks: 1
Chapter: 6
1453 Statement 1- ERP needs exhaustive training to employees Statement 2- Cost of ERP installation is less
D. 1 wrong, 2 correct
Answer optionc
Marks: 2
Chapter: 6
Answer optionb
Marks: 2
Chapter: 6
1455 Innovation shows _____ steps and Kaizen shows _____ steps in speed of work
A. Big, Small
B. Small, Big
C. Small, Small
D. Big, Big
Answer optiona
Marks: 1
Chapter: 7
C. process capability
D. customer needs
Answer optionb
Marks: 1
Chapter: 7
A. customer satisfaction
B. promote communication
C. empowering employee
D. feedback
Answer optiond
Marks: 1
Chapter: 7
1458 If XYZ company makes or produces TVs it can be called as ____ type of industry.
A. Service
B. Manufacturing
C. Trade
D. All of these
Answer optionb
Marks: 1
Chapter: 1
A. IT
B. Textile
C. Manufacturing
D. All of these
Answer optiona
Marks: 1
Chapter: 1
Answer optiond
Marks: 1
Chapter: 1
A. Textile Industry
B. IT Industry
C. Agro Industry
D. Chemical Industry
Answer optionc
Marks: 1
Chapter: 1
1462 Administration is a
Answer optiona
Marks: 1
Chapter: 2
A. Low
B. Top
C. Middle
Answer optionb
Marks: 1
Chapter: 2
A. Organizing
B. Purchasing
C. Directing
D. Planning
Answer optiond
Marks: 1
Chapter: 2
1465 Out of various principles of management ____ principle of management concerns with the distribution of autorities among the various levels of management.
A. Initiative
B. Centralization
C. Division of work
D. Order
Answer optionb
Marks: 1
Chapter: 2
1466 _____ function of management consists of man power planning, recruitment, selection, training of employees etc.
A. Controlling
B. Organizing
C. Staffing
D. Planning
Answer optionc
Marks: 1
Chapter: 2
A. priority will be given to debentureholder to receive his money before the shareholder gets something.
B. priority will be given to shareholder to receive his money before the debentureholder gets something.
Answer optiona
Marks: 1
Chapter: 3
C. no profit or no loss
D. all of these
Answer optionc
Marks: 1
Chapter: 3
1469 In functional organization an employee reports to several higher authorities is called as ____ , which is disadvantage of functional organizational.
A. Specialization
C. Single command
D. Double command
Answer optiond
Marks: 1
Chapter: 3
1470 As we move from bottom level of management to higher level of management the span of control becomes ___
A. Wide
B. constant
C. Narrow
D. None of these
Answer optionc
Marks: 2
Chapter: 3
1471 If an employee gets injured in a factory while working ,then he is eligible to receive compensation under ___ act .
Answer optiond
Marks: 1
Chapter: 4
1472 The capital which is required for day – to – day needs is labeled as ____ capital.
A. working
B. fixed
Answer optiona
Marks: 1
Chapter: 5
A. Master Budget
B. Sales Budget
C. Marketing Budget
D. Production Budget
Answer optiona
Marks: 1
Chapter: 5
1474 If salary of an employee is above 12 lacs per annum, then he will pay ____ tax to central Government.
A. Income
B. VAT
C. Octroi
Answer optiona
Marks: 1
Chapter: 5
B. Custom duty
D. Octroi
Answer optiona
Marks: 2
Chapter: 5
B. Custom duty
D. Excise only
Answer optionc
Marks: 2
Chapter: 5
A. Holding cost
C. Purchase price
D. Order quantity
Answer optiond
Marks: 1
Chapter: 6
A. Staffing
B. Production
C. Purchasing
D. Recruitment
Answer optionc
Marks: 1
Chapter: 6
1479 Motor byke ready with engine fitting and all other accessories but without tyres is example of ___ inventory
A. Indirect
B. Semi-finished
C. finished
D. Raw
Answer optionb
Marks: 1
Chapter: 6
In case of Inventory management match the following a. Raw Inventories b. In process Inventories c. Finished Inventories d. Indirect inventories. p. They includ
1480 and other items, like spare parts, needed for proper operation, repair and maintenance during manufacturing cycle. q. semi finished goods r. waiting for dispatc
materials
A. a - p; b - q; c - r; d - s;
B. a - s; b - r; c - q; d - p;
C. a - p; b - r; c - q; d - s;
D. a - s; b - q; c - r; d - p;
Answer optiond
Marks: 2
Chapter: 6
In case of ABC analysis of material management, and in case of Computer sub parts following are the various type of materials used like mother board and RA
1481
supply, screws for mother board fitting etc. then which is A type, B type and C type ?
D. None of these
Answer optiona
Marks: 2
Chapter: 6
A. Japanese
B. Chinese
C. American
D. Indian
Answer optiona
Marks: 1
Chapter: 7
1483 In 5 S technique ___ can also translated as "Set in order" or "Stream line"
A. Seiri
B. Seiton
C. Seiso
D. Shitsuke
Answer optionb
Marks: 1
Chapter: 7
A. Satin
B. wood
C. cotton
D. machines
Answer optionc
Marks: 1
Chapter: 1
1485 Which of the following is not a basic function of the management process?
A. Controlling
B. Organising
C. Working
D. Leading
Answer optionc
Marks: 1
Chapter: 2
A. The worker
C. The managers
D. The foreman
Answer optionc
Marks: 1
Chapter: 3
1487 Which of the following is not the advantages of a public limited company?
A. Quick Formation
B. Large Capital
C. Professional Management
D. Limited Liability
Answer optiona
Marks: 1
Chapter: 3
A. True
B. False
C. Partly True
D. Partly False
Answer optiona
Marks: 2
Chapter: 3
A. Hospitalisation
B. Fractures
C. Disablement
D. Death
Answer optiond
Marks: 1
Chapter: 4
A. capitalisation
B. Nature of business
D. none of above
Answer optionb
Marks: 1
Chapter: 5
1491 Which one of the following is not a major section in cash budget?
A. Receipts Section
B. Disbursements section
C. Financing Section
D. Capital section
Answer optiond
Marks: 1
Chapter: 5
1492 Which one of the follwing is not a tax charged by the central Government?
A. Income Tax
B. Customs duties
C. Weaith tax
D. Stamp duty
Answer optiond
Marks: 2
Chapter: 5
1493 Service tax is applicable to the whole of India except the state
A. Goa
B. Assam
D. Punjab
Answer optionc
Marks: 2
Chapter: 5
A. Procurement costs
C. Total cost
D. a and b both
Answer optiond
Marks: 1
Chapter: 6
B. Reducing waste
C. Economy in buying
Answer optiond
Marks: 2
Chapter: 6
A. Human resource
C. Finance
Answer optiond
Marks: 2
Chapter: 6
A. process control
B. Continuous improvement
C. benchmarking
D. none of above
Answer optiona
Marks: 1
Chapter: 7
1498 Which one of the following benefits the customer due to TQM ?
A. Greater satisfaction
C. Customer empowerment
Answer optiond
Marks: 1
Chapter: 7
A. Polyster
B. Cotton
C. Synthetic Textile
D. Blended Fabrics
Answer optionb
Marks: 1
Chapter: 1
1500 Which one of the following categories of chemical industry has smallest volume?
A. Basic Chemicals
B. Life Sciences
C. Specialty Chemicals
D. Consumers Products
Answer optionb
Marks: 1
Chapter: 1
A. Coordination
B. Principle of management
Answer optionb
Marks: 1
Chapter: 2
D. All of above
Answer optiond
Marks: 1
Chapter: 3
B. Membership is voluntary
D. It is private ownership
Answer optionc
Marks: 2
Chapter: 3
B. Saturdays
C. Sundays
D. Thursdays
Answer optionb
Marks: 1
Chapter: 4
1505 According to Factory Act , drinking water must be away from latrine by ____ meters.
A. 12
B. 3
C. 6
D. 9
Answer optionc
Marks: 1
Chapter: 4
A. Fixed capital
B. Floating capital
C. Blocked capital
D. Circulating capital
Answer optiond
Marks: 1
Chapter: 5
1507 1) VAT is not simple and transperent 2) VAT is progressive form of Sales tax.
Answer optiond
Marks: 2
Chapter: 5
A. Sales Department
B. Production Department
C. Purchase Department
D. All
Answer optiona
Marks: 1
Chapter: 6
A. Receiving Cost
B. Carrying cost
C. Production cost
D. Design cost
Answer optionb
Marks: 1
Chapter: 6
A. Most important
Answer optiond
Marks: 2
Chapter: 6
A. Quality aspect
B. Continuous improvement
C. Customer satisfaction
D. Product aspect
Answer optiond
Marks: 1
Chapter: 7
A. Area of work
B. Kind of ownership
Answer optionc
Marks: 1
Chapter: 1
A. 2000
B. 1999
C. 2001
D. 2002
Answer optiona
Marks: 1
Chapter: 1
A. Direction
B. Adjustment
C. Organisation
D. Management
Answer optiond
Marks: 1
Chapter: 2
C. It defines policies
Answer optiona
Marks: 2
Chapter: 5
A. MRP
B. SAP
C. ERP
D. 5'S'
Answer optiond
Marks: 1
Chapter: 6
1517 QA is
A. Quality Administration
B. Quality Affiliation
C. Quality Assurance
D. Quality Action
Answer optionc
Marks: 1
Chapter: 7
1518 In ABC Analysis, Items that are extremely inexpensive or have low demand are termed as
A. "A" Items
B. "B" Items
C. "C" Items
D. "D" Items
Answer optionc
Marks: 1
Chapter: 6
A. Custom Duty
B. Excise Duty
C. Income Tax
D. VAT
Answer optionb
Marks: 2
Chapter: 5
Answer optiond
Marks: 1
Chapter: 6
1521 A financial statement showing assets and liabilities of company at any given time is known as
B. Balance Sheet
C. Budget
D. Capital
Answer optionb
Marks: 2
Chapter: 5
1522 The Stock of goods in hand at the beginning of the year is known as
A. Sales
B. Closing Stock
C. Opening Stock
D. none of these
Answer optionc
Marks: 1
Chapter: 5
C. Building
D. Machinary
Answer optiona
Marks: 1
Chapter: 5
A. Retained Earnings
B. Depreciation Provisions
C. Share Capital
D. Deferred taxation
Answer optionc
Marks: 1
Chapter: 5
Answer optiona
Marks: 1
Chapter: 4
A. Workers
B. Management
Answer optiond
Marks: 1
Chapter: 4
1527 BSNL is a
D. none of these
Answer optiona
Marks: 1
Chapter: 3
1528 When Prerna is comparing actual sales figures with goals established earlier to see if her department met the target, she is performing which of the following fu
A. Planning
B. Controlling
C. Organizing
D. Directing
Answer optionb
Marks: 2
Chapter: 2
1529 A force that causes & inspires an individual to behave in a specific way and to increase his performance is called as
A. Motivation
B. Teamwork
C. Quality
D. Satisfaction
Answer optiona
Marks: 1
Chapter: 2
1530 Which of the follwing function of management involes measuring & comparing current performance against the established standards
A. Planning
B. Controlling
C. Organizing
D. Directing
Answer optionb
Marks: 1
Chapter: 2
Answer optiond
Marks: 1
Chapter: 2
A. Top Level
B. middle lever
C. Lower Level
Answer optiona
Marks: 1
Chapter: 2
Answer optionc
Marks: 1
Chapter: 1
A. Service Industry
B. Manufacturing Industry
C. Trade Sector
D. none of these
Answer optiona
Marks: 1
Chapter: 1
A. Call centers
B. BPO
C. LPO
Answer optiond
Marks: 1
Chapter: 1
1536 Which of the following includes monitoring & controlling of banking & financial systems throughout India
A. SEBI
B. RBI
C. IDBI
D. NABARD
Answer optionb
Marks: 1
Chapter: 1
B. Non Voluntary
C. Randomly
D. None of these
Answer optiona
Marks: 1
Chapter: 7
A. The customers
B. Continuous Improvement
C. Zero Defects
Answer optiona
Marks: 1
Chapter: 7
Answer optionc
Marks: 2
Chapter: 7
A. Service
B. Manufacturing
C. Trade
D. All of above
Answer optionc
Marks: 1
Chapter: 1
A. Decision making
B. Coordinating
C. Reporting
D. None of above
Answer optiond
Marks: 1
Chapter: 2
1542 From the options given below, who belongs to the lower level of management?
A. Clerks
B. Supervisors
C. Data entry operators
D. All of above
Answer optiond
Marks: 1
Chapter: 2
1543 Determine objectives and goals is __________ step in the process of organizing.
A. first
B. second
C. third
D. last
Answer optiona
Marks: 1
Chapter: 2
D. None of these
Answer optiond
Marks: 1
Chapter: 3
A. Partnership
B. Public sector
D. Co-operative societies
Answer optionb
Marks: 1
Chapter: 3
1546 For the given figure label the number with the appropriate components of communication process
Answer optiona
Marks: 2
Chapter: 3
1547 According to Factory Act,an ambulance room should be provided by every factory if the number of workers is more than ___________________.
A. 500
B. 300
C. 400
D. 450
Answer optiona
Marks: 1
Chapter: 4
1548 ___________ takes in account only those cost, e.g. direct labour and material, which vary with output and over which the department has control
A. Fixed budget
B. Variable budget
C. Functional budget
Answer optionb
Marks: 1
Chapter: 5
1549 ________________ capital is that amount of capital which must be in cash or current asset for continuing the activities of business.
A. Gross working
B. Net working
C. Permanent working
D. Temporary working
Answer optionc
Marks: 1
Chapter: 5
D. The purchase price of the items does not change with quantity i.e. no discount is available
Answer optionc
Marks: 1
Chapter: 6
1551 Each event of ordering has a certain cost associated with it called _________________________________.
A. procurement cost
B. carrying cost
C. holding cost
D. purchasing cost
Answer optiona
Marks: 1
Chapter: 6
1552 ABC analysis divides an organization on hand inventory into three classes based upon:
B. annual consumption
C. unit price
Answer optiona
Marks: 2
Chapter: 6
C. They are now shifting gears to develop applications for good electronic commerce websites.
Answer optionc
Marks: 2
Chapter: 6
A. systematically developing and communicating a customer – focus mission, strategies and action plans
C. empowering employees to continuously improve and increase their satisfaction with their process and environment
D. gathering and analyzing key performance indicators to improve organizational and process result
Answer optiona
Marks: 1
Chapter: 7
1555 5S was developed in Japan and stands for the Japanese words seiri, seiton, seiso, seiketsu, and shitsuke. The English equivalent of 5S is -
A. structurize, systemize, sanitize, standardize, self-discipline
Answer optiona
Marks: 2
Chapter: 7
Statement 1: The organization must establish, document, implement and maintain documented procedures for its internal audit, corrective and preventive actio
1556
among others Statement 2: This is a requirement of ISO 9001:2000
C. Both statements are true, and the second statement explains the first statement.
D. Both statements are true, but the second statement does not provide an adequate explanation for the first statement.
Answer optionc
Marks: 2
Chapter: 7
A. completing demand
B. production of merchandize
C. gaining profit
D. None of above
Answer optionb
Marks: 1
Chapter: 1
A. Service
B. Manufacturing
C. Trade
D. All of above
Answer optionc
Marks: 1
Chapter: 1
1559 The Indian Textile industry was predominantly __________________ based during post independence.
A. Wool
B. Cotton
D. Fabrics
Answer optionb
Marks: 1
Chapter: 1
D. All of above
Answer optiond
Marks: 1
Chapter: 2
1561 Among the given options who are designated as members of middle level of management?
A. Senior Managers
B. Junior Managers
C. Supervisors
D. All of above
Answer optiond
Marks: 1
Chapter: 2
1562 Comparing actual performance with the standard is ________ steps in process of directing.
A. first
B. second
C. third
D. last
Answer optionc
Marks: 1
Chapter: 2
Identify the management function which carries out this process consisting of these basic steps: (1) identifying the problem; (2) identifying resources and constra
1563
generating alternative solutions, (4) evaluating alternatives, (5) selecting an alternative, (6) implementing the alternative, and (7) monitoring the alternative
A. Directing
B. Controlling
C. Decision making
D. Coordinating
Answer optionc
Marks: 2
Chapter: 2
1564 Bank of Maharashtra, Bata India Ltd, Bharat fertilizers Ltd etc, are which types of companies?
A. Government departments
B. Public companies
C. Public corporations
Answer optionb
Marks: 1
Chapter: 3
1565 Crèches should be provided when there are more than ____ female workers having children of age below_____ years.
A. 100, 6
B. 25, 6
C. 25, 9
D. 30, 6
Answer optiond
Marks: 1
Chapter: 4
Answer optiona
Marks: 2
Chapter: 5
1567 What is the total amount of liabilities from this balance sheet?
A. 22290
B. 120140
C. 225770
D. Nil
Answer optiona
Marks: 2
Chapter: 5
1568 Instead of each department having its own database of information, ___ puts all of the information into a single place
A. MRP
B. MPS
C. BOM
D. ERP
Answer optiond
Marks: 1
Chapter: 6
1569 ______________ is the process of planning, procuring, storing and providing the appropriate material of the right quality, right quality at the right place in the r
A. Financial management
B. Materials management
C. Operation management
D. Marketing management
Answer optionb
Marks: 1
Chapter: 6
A. Purchasing
B. Placement
C. Procurement
D. Purchase order
Answer optiona
Marks: 1
Chapter: 6
Answer optiona
Marks: 2
Chapter: 6
Answer optiona
Marks: 1
Chapter: 1
1573 _________________ is popularly known as the Silicon Valley of India and IT capital of India.
A. Mumbai
B. Hyderabad
C. Bengaluru
D. Kolkota
Answer optionc
Marks: 1
Chapter: 1
1574 ___________________ Business aims to identify factors hampering industrial growth and seeks to redress the above factors.
A. Service
B. Manufacturing
C. Trade
D. All of above
Answer optionb
Marks: 1
Chapter: 1
A. Centralisation
B. Authority
C. Decentralisation
D. Esprit de corps
Answer optionc
Marks: 1
Chapter: 2
1576 In the words of ________________ “planning is deciding in advance what to do, how to do it, when to do it and who is to do it.”
A. Oliver Sheldon
B. Mary Follet
C. Henry Fayol
D. Harold Koontz
Answer optiond
Marks: 1
Chapter: 2
1577 Measuring actual performance is the __________________ steps involved in the process of controlling.
A. first
B. second
C. third
D. last
Answer optionc
Marks: 1
Chapter: 2
A. Departmentation
B. Hierarchy
D. Divisions
Answer optionb
Marks: 1
Chapter: 3
A. Car production
B. Manufacturing of parts
C. Installation of a dairy
Answer optionc
Marks: 1
Chapter: 3
1580 Which of the following business type, has to pay double taxes to the government?
A. Sole proprietorship
B. Partnership
C. Cooperative Societies
Answer optiond
Marks: 2
Chapter: 3
1581 According to Workmen's compensation act, a widow, a minor son and a widow mother qualify as _______ of a worker.
A. Dependents
B. Workmen
C. Minors
D. None of above
Answer optiona
Marks: 1
Chapter: 4
1582 An indirect Tax levied on those goods which are manufactured in India and are meant for home consumption is called ____
A. Income tax
B. Customs duty
C. Excise duty
D. Gift tax
Answer optionc
Marks: 1
Chapter: 5
A. Forecast the future financial requirement of the organization considering investment, expansion etc.
C. Motivate the existing sources of finance to provide further finance in the future when required
D. All of above
Answer optiond
Marks: 2
Chapter: 5
1584 From which accounting sheet, the net profit in balance sheet is carried down?
Answer optiona
Marks: 2
Chapter: 5
1585 Which of the following methods of stock control aims at concentrating efforts on selected items of material__________________?
C. Level setting
D. ABC analysis
Answer optiond
Marks: 2
Chapter: 6
1586 Fill in the blank space provided in the figure with an appropriate tool given as options.
A. Quality control
B. Quality circle
C. TQM
D. Quality Assurance
Answer optiona
Marks: 2
Chapter: 7
1587 ____________ also known as Cyber City is the major IT and BPO hub in India which has major IT MNC’s together and hence called as Hitech City.
A. Mumbai
B. Hyderabad
C. Bengaluru
D. Kolkota
Answer optionb
Marks: 1
Chapter: 1
1588 ___________________ industry primarily refers to manufacturing that is associated with formulas, procedure, development, method and practice.
A. Engineering
B. Process
C. Textile
D. Hospitality
Answer optionb
Marks: 1
Chapter: 1
A. first
B. second
C. third
D. last
Answer optiond
Marks: 1
Chapter: 2
1590 From the figure of levels of management which are the principles that flows upward and downward?
C. 1- Authority, 2- Responsibility
D. 1- Responsibility, 2- Auhtority
Answer optiona
Marks: 2
Chapter: 3
1591 Which of the following is true concerning technical and human skills of a manager?
A. Human skills and technical skills remain equally important as manager’s move to higher levels
B. Technical-skill needs remain necessary and human skills decrease as manager’s move to higher levels
C. Human skills remain necessary and technical-skill needs decrease as manager’s move to higher levels
Answer optionc
Marks: 2
Chapter: 3
1592 One canteen should be provided atleast per ____ workers in a factory.
A. 200
B. 250
C. 100
D. 150
Answer optionb
Marks: 1
Chapter: 4
1593 To provide insurance coverage to the employees who are injured on the job with payment for lost wages, medical care, and if necessary, vocational rehabilitation
purpose of the –
A. Factories Act
Answer optionc
Marks: 2
Chapter: 4
1594 _____________ budget shows the estimate of direct labour needed to carry out the budget output.
A. Material
B. Purchase
C. Direct labour
D. Overhead
Answer optionc
Marks: 1
Chapter: 5
1595 ____ includes the free reserves of the company which are built out of the genuine profits of the company.
A. Share capital
D. Long-term provisions
Answer optionb
Marks: 1
Chapter: 5
1596 Land, buildings, plant and equipment, furniture and fixtures, vehicles and office equipment are called ____
A. Tangible assets
B. Intangible assets
D. None
Answer optiona
Marks: 2
Chapter: 5
B. Material in stores .
Answer optiona
Marks: 1
Chapter: 6
1598 __________________ include raw material and semi-finished products supplied by another firm and which are raw items for the present industry.
A. Raw inventories
B. In-process inventories
C. Finished inventories
D. Indirect inventories
Answer optiona
Marks: 1
Chapter: 6
The table below shows the list of items as per their annual consumption and annual consumption value. Can you identify which type of anlaysis is this to have pr
1599
control?
A. Control analysis
Cost analysis
B.
C. Pareto analysis
Answer optionc
Marks: 2
Chapter: 6
A. 4
B. 5
C. 6
D. 7
Answer optionb
Marks: 1
Chapter: 7
1601 The basic goal of ________ is to ensure that the product or/and services meet specific requirement.
A. Quality team
B. Quality assurance
C. Quality circle
D. Quality control
Answer optiond
Marks: 1
Chapter: 7
1602 According to ISO 9004:2000, what kind of improvements is normally carried out by cross-functional teams outside routine operations?
Answer optionc
Marks: 2
Chapter: 7
1603 ___________________ industry primarily deals with the design, manufacture and operation of structures, machines or devices.
A. Engineering
B. Process
C. Textile
D. Hospitality
Answer optiona
Marks: 1
Chapter: 1
1604 To conduct day to day activities, monitor daily progress and reporting to middle level management is the function of __________ level of management.
A. top
B. middle
C. lower
D. None of above
Answer optionc
Marks: 1
Chapter: 2
A. Delegation
B. Span of control
Marks: 1
Chapter: 3
A. economical
B. big
C. wide
D. narrow
Answer optiond
Marks: 1
Chapter: 3
1607 As per Factory Act, 1947, a child is a person whose age is less than __________.
A. 15 years
B. 10 years
C. 18 years
D. 21 years
Answer optiona
Marks: 1
Chapter: 4
1608 Good layout and reduction in noise level are examples of ________
B. Atmospheric conditions
C. Dangerous fumes
Answer optiona
Marks: 1
Chapter: 4
A. Share
D. All
Answer optiond
Marks: 1
Chapter: 5
1610 ________ refers to sparing of the replacement cost of tangible assets like building, machinery, etc.
A. Depreciation
B. Amortisation
C. Liability
D. Inventories
Answer optiona
Marks: 1
Chapter: 5
A. market
B. customers
C. salesmen
D. financers
Answer optionb
Marks: 1
Chapter: 5
1612 The earnings like interest, dividend or capital gains etc, which are gathered tax free until the investor withdraws and takes position of it. These earning are refer
___________________.
A. Retained earnings
B. Depreciation provisions
C. Deferred taxation
Answer optionc
Marks: 1
Chapter: 5
_____________ can be defined as the tax which increases the price of a good in such way that consumers are actually paying the tax by paying more for the prod
1613
buying.
A. Direct tax
B. Indirect tax
C. Service tax
D. Income tax
Answer optionb
Marks: 2
Chapter: 5
Answer optionc
Marks: 1
Chapter: 6
The figure shows a graphical method for determining the order quantity which attempts to minimize total inventory cost. Which is this tool used to answers the
1615
questions. (1) How much should I order? (2) How often should I place each order?
A. EOQ
B. ABC analysis
C. Control chart
D. ERP
Answer optiona
Marks: 2
Chapter: 6
A. ERP
B. Quality assurance
C. MRP
D. Quality control
Answer optiond
Marks: 1
Chapter: 7
1617 Which one of the following does not belongs to Process Industry?
A. Chemical
B. Textiles
C. Agricultural
D. Information Technology
Answer optiond
Marks: 1
Chapter: 1
1618 Which one of the following is the advantage of effective decision making.
A. Quick actions
B. No delays
C. No confusion
D. All of above
Answer optiond
Marks: 1
Chapter: 2
1619 When an employee receive orders and report to only one superior rather than multiple bosses, the principle is called as _________________.
A. Unity of Direction
B. Unity of Command
C. Discipline
D. Division of Work
Answer optionb
Marks: 1
Chapter: 2
Proper __________, facilitates employees appraisal, as managers can easily measure the performance of supervisors/subordinates as per the standard and provi
1620
necessary feedback for appraisal.
A. coordination
B. direction
C. cooperation
D. control
Answer optiond
Marks: 1
Chapter: 2
A. subordinate, subordinate
B. superior, superior
C. subordinate, superior
D. superior, subordinate
Answer optiond
Marks: 1
Chapter: 3
B. Do not invest
Answer optiond
Marks: 1
Chapter: 3
A. small
B. economical
C. wide
D. narrow
Answer optionc
Marks: 1
Chapter: 3
A. 0-1 years
B. 1-5 years
Above 5 years
C.
D. None
Answer optionc
Marks: 1
Chapter: 5
1625 The suppliers of goods and services to the company provide various goods and services with an expectation of payment in future is called_____
A. trade credit
B. clean advance
C. over draft
D. export
Answer optiona
Marks: 1
Chapter: 5
A. ordinary or shares
B. deferred shares
C. equity shares
D. noncumulative shares
Answer optiond
Marks: 2
Chapter: 5
1627 The table shows the tax rates for which types of taxes?
A. Sales Tax
B. Wealth Tax
C. Gift Tax
D. Income Tax
Answer optiond
Marks: 2
Chapter: 5
A. cost
B. investment
C. profit
D. sales
Answer optiona
Marks: 1
Chapter: 6
1629 ____________ is the collective stock of items which is required for routine functioning of industry.
A. Purchase
B. Inventory
C. Tool room
D. None
Answer optionb
Marks: 2
Chapter: 6
1630 "Fit for purpose" and “ Right first time and everytime” are the principles of _________________________ ?
A. EOQ
B. Budget
C. Quality assurance
D. MRP
Answer optionc
Marks: 1
Chapter: 7
1631 In __________________ all are encourage to come up with small suggestion on a regular basis.
A. ERP
B. ABC analysis
C. Globalization
D. Kaizen
Answer optiond
Marks: 1
Chapter: 7
A producer of consumer goods wants to analyze its product range from product 1 to product 13. The management has decided to use the annual consumption va
1632 figure to assess the product range. An ABC analysis is done and the raw data is order in decreasing order of annual consumption value. How have they classified
group in A, B and C category items?
Answer optiond
Marks: 2
Chapter: 7
Answer optionb
Marks: 1
Chapter: 1
A. Spinning
B. Weaving
C. Dyeing
D. All of above
Answer optiond
Marks: 1
Chapter: 1
______________________ may be refer to particular area of economic activity such as the real estate business, computer business, poultry, farming, telecommun
1635
shipping, tours and travels, etc.
A. Construction
B. Business
C. Balance Sheet
D. All of above
Answer optionb
Marks: 1
Chapter: 1
A. first
B. second
C. third
D. last
Answer optionc
Marks: 1
Chapter: 2
A. By function
B. By product
C. By process
D. By material pattern
Answer optiond
Marks: 1
Chapter: 3
1638 ____________ is a book or computer file in which all monetary transaction are originally entered.
A. Budget
B. Account
C. Journal
D. Ledger
Answer optionc
Marks: 1
Chapter: 5
A. Liabilities
B. Assets
C. Reserves
Answer optiona
Marks: 1
Chapter: 5
Answer optiona
Marks: 1
Chapter: 5
These are the taxes which are imposed or levied and assessed on individual or organizational income directly and have to pay the same to the government in for
1641
wealth tax and etc. Which is this type of tax?
A. Direct tax
B. Indirect tax
C. National tax
D. Foreign tax
Answer optiona
Marks: 2
Chapter: 5
1642 Low complex and low cost items that are typically commercially available and require little manager control are called ______________.
A. Items A
B. Items B
C. Items C
D. None
Answer optionc
Marks: 1
Chapter: 6
1643 A detailed list of all kinds of goods handled by business is called _________________.
production
A.
B. design
C. inventory
D. operation research
Answer optionc
Marks: 1
Chapter: 6
A. (a)
D. (c)
Answer optiona
Marks: 2
Chapter: 6
American Society for Qualiy (ASQ) defines, “ ________ as the planed and systematic activities implemented in a quality system so that quality requirments for a
1645
service will be fulfilled .”
A. Quality Assurance
B. 5S
C. Quality
D. Kaizen
Answer optiona
Marks: 1
Chapter: 7
Answer optiona
Marks: 1
Chapter: 1
1647 Which one out of the given options is not a broad category of chemical industry?
A. Basic chemicals
B. Durable products
C. Life sciences
D. Consumers products
Answer optionb
Marks: 1
Chapter: 1
C. President
D. All of above
Answer optiond
Marks: 1
Chapter: 2
A. planning
B. organizing
staffing
C.
D. reporting
Answer optiond
Marks: 1
Chapter: 2
A. Proprietorship
B. Partnership
Answer optiond
Marks: 1
Chapter: 3
A. Public Limited
C. partnership
D. None of them
Answer optiona
Marks: 1
Chapter: 3
A newly marketing executive is appointed and has been assigned certain function: 1) to visit the 10-15 doctors daily at specified area 2) promote the product to t
1652 keep a track of availabiltiy of medicine at the medical stores 4) report to the manager once in a week. Now his activities of work will come under which type of
departmentation?
A. Product
B. Process
C. Area
D. Function
Answer optionc
Marks: 2
Chapter: 3
A. Adult
B. Adolescent
C. Child
D. Young person
Answer optiona
Marks: 1
Chapter: 4
1654 _____________ budget is a forecast of the number of products that must be manufactured.
A. Sales
B. Production
C. Purchase
D. Cash
Answer optionb
Marks: 1
Chapter: 5
A. Income tax
B. Corporation tax
C. Gift tax
D. Excise tax
Answer optiond
Marks: 1
Chapter: 5
These are the taxes which an individual or organization does not pay directly, but are can be easily shifted to others may be in form of service tax, excise tax, val
1656
custom duty. Which is this type of tax?
A. Direct tax
B. Indirect tax
C. National tax
D. Foreign tax
Answer optionb
Marks: 2
Chapter: 5
1657 Complex and expensive parts are items that require strict management and control are called ____________.
A. Items A
B. Items B
C. Items C
D. None
Answer optiona
Marks: 1
Chapter: 6
Answer optiond
Marks: 1
Chapter: 6
D. To facilitate waste
Answer optiond
Marks: 2
Chapter: 6
1660 From the graph, the point Q at which slope = 0, is called __________.
A. Quantity
B. Order Quantity
D. Quality
Answer optionc
Marks: 2
Chapter: 6
You need a documented procedure to control quality documents in your company. Everyone must have access to up-to-date documents and be aware of how to u
1661
clause of_______________.
A. Factory act
C. ISO:9001
Answer optionc
Marks: 1
Chapter: 7
1662 Agro-industry mainly comprises of the ________________ activities of processing and preserving agricultural products for intermediate or final consumption.
A. pre-harvest
B. post-harvest
C. crop-yielding
D. All of above
Answer optionb
Marks: 1
Chapter: 1
1663 ____________________________ is the process of transformation of a regional phenomenon into global ones.
A. Organization
B. Liberalization
C. Privatization
D. Globalization
Answer optiond
Marks: 1
Chapter: 1
1664 _______________________ major contribution to the management theory in his 14 principles of management that are based on his thoughts and experiences.
A. Henry Fayol
B. Henry Gantt
C. F. W. Taylor
D. Lillian Gilbreth
Answer optiona
Marks: 1
Chapter: 2
A. Discipline
B. Centralisation
C. Authorty
D. Responsibility
Answer optionb
Marks: 1
Chapter: 2
A. Strategical level
B. Tactical level
C. Operational level
D. All of above
Answer optionc
Marks: 1
Chapter: 2
1667 Effective ____________________ helps employees to eliminate wastages and achieve better results.
A. coordination
B. decision making
C. planning
D. directing
Answer optiona
Marks: 1
Chapter: 2
Suresh has been hired by a consultant to provide training to the workers of a firm where he needs to monitor, compare and correct the tasks or activities perform
1668
workers. So what is the actual line of function of management he is concentrating on?
A. Controlling
B. Coordinating
C. Reporting
D. Organizing
Answer optiona
Marks: 2
Chapter: 2
B. Lack of specialization
C. Ego of specialty
D. Discipline in lacking
Answer optionb
Marks: 1
Chapter: 3
Answer optiona
Marks: 1
Chapter: 3
A. Process
B. Product
C. Function
D. Area
Answer optionb
Marks: 2
Chapter: 3
A. Income tax
B. Service tax
C. Wealth tax
D. Gift tax
Answer optionb
Marks: 1
Chapter: 5
Answer optiond
Marks: 1
Chapter: 5
1674 A planned capital investment in the business without disrupting the normal working of the company is ____________
A. materials budget
C. capital budget
D. cash budget
Answer optionc
Marks: 2
Chapter: 5
1675 _________________________ include purchase of raw material, semi-finished components, standard components or/and subassemblies from suppliers.
B. In-process inventory
D. Indirect inventory
Answer optiona
Marks: 1
Chapter: 6
1676 From the graph of graph of inventory level versus time, the value Q/2 is called __________________.
A. Final inventory
B. Average inventory
C. Total inventory
Answer optionb
Marks: 2
Chapter: 6
_________ is a management technique used to communicate with employees, in order to produce the desired quality of products and services to be render to infl
1677
actions to complete tasks as per quality standards.
A. Quality Control
B. 5S
C. Kaizen
Answer optiond
Marks: 1
Chapter: 7
A. Proactive
B. Reactive
C. Passive
D. None
Answer optiona
Marks: 1
Chapter: 7
Answer optionc
Marks: 1
Chapter: 7
The chart shown is used to investigate whether the manufacturing process is in stable condition or not and is used to maintain the process within the tolerance. T
1680
helps in taking the right decision for selection of the machine with higher processing capabilities. Which type of chart is this?
A. Ishikawa diagram
B. Control chart
C. Pareto analysis
D. Check list
Answer optionb
Marks: 2
Chapter: 7
A. LIC
B. ICICI
C. Star Health
D. All of above
Answer optiond
Marks: 1
Chapter: 1
1682 _______________ industries are owned and run by rural households with very little capital investment and a high level of manual labour
A. Village
B. Small scale
C. Large Scale
D. Medium Scale
Answer optiona
Marks: 1
Chapter: 1
1683 ___________________ Business has elevated the Indian population above poverty line by shifting the majority of the workforce out of low-wage agriculture.
A. Manufacturing
B. Trade
C. Service
D. None of above
Answer optiona
Marks: 1
Chapter: 1
A. Controlling
B. Directing
C. Organizing
D. Coordinating
Answer optionc
Marks: 1
Chapter: 2
1685 Managers must develop a team spirit among the subordinates by __________ the activities of everyone to achieve the team objectives.
A. organizing
B. cooperating
C. coordinating
D. planning
Answer optionc
Marks: 1
Chapter: 2
A. closer supervision
B. lower overhead
C. economical
D. more delegation
Answer optiona
Marks: 1
Chapter: 3
B. Functional
C. Assistant
D. Staff
Answer optiond
Marks: 1
Chapter: 3
Answer optiona
Marks: 1
Chapter: 4
1689 _____________is record of an organization that registers all financial transactions. It is a written statement of all business dealings or debts and credits
A. Budget
B. Account
C. Journal
D. Share
Answer optionb
Marks: 1
Chapter: 5
1690 ____is a types of indirect tax leived on goods imported in to India as well as on goods exported from India.
A. Income tax
B. Customs duty
C. Wealth tax
D. Gift tax
Answer optionb
Marks: 2
Chapter: 5
Answer optiona
Marks: 1
Chapter: 6
1692 While deciding how to manage inventory the question that a materials manager need to be ask himself is _____________________________________
Answer optiona
Marks: 1
Chapter: 6
1693 Identify this basic inventory control technique which is often applied to almost all aspects of materials management.
A. Pareto analysis
B. Tally Table
C. EOQ
D. Control chart
Answer optiona
Marks: 2
Chapter: 6
A machine draws a very delicate copper wire from the plate and is facing repeated breaking of wire. The tally table illustrates all possible causes of problem (sym
1694
frequency of each cause is observed and noted. This tally table is also called as _________________.
A. Ishikawa diagram
B. Control chart
C. Pareto analysis
D. Check list
Answer optiond
Marks: 2
Chapter: 7
A. Raymond
B. Reliance
C. Century
D. ICICI
Answer optiond
Marks: 1
Chapter: 1
1696 Which type of industries are characterized by medium investment and semi-automation process?
A. Village
B. Small scale
C. Large Scale
D. Medium Scale
Answer optionb
Marks: 1
Chapter: 1
A. Service
B. Manufacturing
C. Trade
D. All of above
Answer optiona
Marks: 1
Chapter: 1
A. first
B. second
C. third
D. last
Answer optionc
Marks: 1
Chapter: 2
D. All of above
Answer optiond
Marks: 1
Chapter: 2
1700 ______________________ is the process of identifying a set of feasible alternatives and from these selected alternative the best course of action.
A. Planning
B. Organizing
C. Controlling
D. Decision making
Answer optiond
Marks: 1
Chapter: 2
A plant manager who organizes the plant by separating engineering, accounting, manufacturing, personnel, and purchasing into departments is practicing func
1701
departmentalization is also called as _______________.
A. team leaders
B. middle managers
C. first-line managers
D. top managers
Answer optionb
Marks: 2
Chapter: 2
1702 Which partner contribute in terms of their goodwill and credit from the market?
A. Sleeping partner
B. Active partner
C. Secret partner
D. Nominal partner
Answer optiond
Marks: 2
Chapter: 3
Manav is a new divisional manager, in reorganizing his division; he must make some decisions regarding the span of control. He thinks wider spans are more eff
1703
of cost but at some point:
Answer optionc
Marks: 2
Chapter: 3
A. Safety provisions
C. Safety devices
Answer optiond
Marks: 1
Chapter: 4
___________ is a person employed directly or through any agency, whether for wages or not, in any manufacturing process or in cleaning any part of the machin
1705
used for manufacturing process or in any other kind of work incidental, to or connected with, the manufacturing process.
A. Worker
B. Factory
C. Occupier
Answer optiona
Marks: 1
Chapter: 4
1706 ____is a direct tax levied on the income earned by individual, corporation or on other forms of business entities.
A. Income tax
B. Customs duty
C. Sales tax
D. Service tax
Answer optiona
Marks: 2
Chapter: 5
Answer optionb
Marks: 1
Chapter: 6
1708 _____________ is a detailed list of movable items which are required for manufacturing products and maintaining the equipment and machines in good working
A. Inventory
B. Production
C. Purchase
D. None
Answer optiona
Marks: 1
Chapter: 6
A. Planning
B. Warehousing
C. Storage management
Answer optiond
Marks: 2
Chapter: 6
1710 The principal files that are incorporated into a computerized MRP system are:
Answer optiona
Marks: 2
Chapter: 6
1711 The totality of features and characteristics of a product or service that bears the ability to satisfy stated or implied needs of the customer is called _________.
A. TQM
B. QC
C. Quality
D. QA
Answer optionc
Marks: 1
Chapter: 7
Decision about the quality system are made based on recorded data and the system is regularly audited and evaluated for conformance and effectiveness, is the c
1712
________________.
ISO: 9001
A.
C. Factory Act
Answer optiona
Marks: 1
Chapter: 7
DMAIC stands for define, measure, analyze, improve and control. It involves defining the problem, measuring where you stand, analyzing where the problem st
1713
the situation and controlling the new process to confirm that is fixed. The Analyze step, involves -
B. Numerical measurement of the current process is necessary in order to change the process
C. Elimination of the gap between the current practice and the desired goal
Answer optionb
Marks: 2
Chapter: 7
A. 1850
B. 1947
C. 1950
D. none of these
Answer optiona
Marks: 1
Chapter: 1
A. IT Enabled Services
B. Telecommunications
C. a and b Both
D. none of these
Answer optionc
Marks: 1
Chapter: 1
1716 An activity which involves handling or directing the affairs of an organisation is called as-
A. Administration
B. Management
C. a and b Both
D. None of these
Answer optiona
Marks: 1
Chapter: 2
1717 The ability of a supervisor to choose the correct course of action from the available alternatives to achieve the desired aims and objectives of the business is term
A. Controlling
B. Supervising
C. Directiong
D. Decision Making
Answer optiond
Marks: 1
Chapter: 2
1718 Who is called as Founder and Architect of " Modern Scientific Management" ?
A. Fredrick W.Taylor
B. Henry Fayol
Robert Owen
C.
D. Robinson Boulton
Answer optiona
Marks: 1
Chapter: 2
Answer optiond
Marks: 1
Chapter: 2
1720 While working as a professional Manager in any modern Industrial Organisation , which of the following duties he is expected to perform?
B. Manager as a Co-worker
C. Manager as an Implementer
Answer optiond
Marks: 1
Chapter: 2
1721 Figure shows Modern Thought represented in a schematic way. Fill in the appropriate Terminology at space marked by "?"
A. Principles of Management
B. Functions Of Mangement
Answer optionb
Marks: 2
Chapter: 2
A. Line Organisation
C. Functional Organisation
Answer optiond
Marks: 1
Chapter: 3
A. Managed by Government
C. a & b Both
Answer optionb
Marks: 1
Chapter: 3
A. Sole proprietorship
B. Public corporations
C. Government companies
Answer optiond
Marks: 1
Chapter: 3
C. Fatigue
Answer optiond
Marks: 1
Chapter: 4
1726 A temporary accommodation given by the bank to their customers against certain security is called
A. Clean Advance
B. Overdrafts
C. Cash Credits
D. Secured Loans
Answer optionb
Marks: 1
Chapter: 5
1727 When finance is required for expansion and development of an organisation , it can be raised through loans instead of issuing shares is termed as -
A. Preference /shares
B. Debentures
C. Instant Loans
Answer optionb
Marks: 1
Chapter: 5
C. Nationalised Banks
Answer optiond
Marks: 1
Chapter: 5
1729 Which of the following are recently included under the service Tax-
A. ATM Operations
Answer optiond
Marks: 1
Chapter: 5
1730 The size of an order that minimises the total inventory cost is called as-
A. Fixed Iventory
B. Direct Inventory
C. Indirect Inventory
Answer optiond
Marks: 1
Chapter: 6
C. Departmental Stores
Answer optiond
Marks: 1
Chapter: 6
1732 Arrange in a chronological order the steps of material purchasing i) Place Order ii) Payment of bill iii) Receive the material iv) Inspection-
A. I,iii,ii,iv
B. I,ii,iii,iv
C. I,iii,iv,ii
D. iv,iii,I,ii
Answer optionc
Marks: 2
Chapter: 6
1733 Figure shows modules of a system being implemented in Industries. Choose the appropriate terminology from options given below to be placed at the letter 'X' .
A. ERP
B. MRP
C. JIT
Answer optiona
Marks: 2
Chapter: 6
1734 As per definition of ISO 8402-1968 , " the totality of features and characteristics of a period or service that bears its ability to satisfy stated or implied needs is k
A. Quality
B. TQM
C. Quality control
D. Auality Assurance
Answer optiona
Marks: 1
Chapter: 7
1735 Figure refers to a Japnese Technique whichis also known as Shewhart cycle, Deming cycle or PDCA cycle. identify correctly the technique from the given option
A. 5S
B. KAIZEN
C. Six Sigma
D. TQM
Answer optiond
Marks: 2
Chapter: 7
Answer optiond
Marks: 1
Chapter: 1
A. Strategical Level
B. Tacticle Level
C. Operational Level
D. All of the above
Answer optiond
Marks: 1
Chapter: 2
A. Line Organization
C. Functional organization
D. Project Organization
Answer optiond
Marks: 1
Chapter: 3
1739 Which factor dose not cause accident due to dangerous machine
A. Boiler
B. Unsafe clothing
C. Prime Movers
D. Transmission System
Answer optionb
Marks: 1
Chapter: 4
A. Age of Person
B. Harmful substance
C. Unsafe clothing
Answer optiond
Marks: 1
Chapter: 4
A. Enough Illumination
Answer optionb
Marks: 1
Chapter: 4
A. Staff salary
B. Stationary
C. Printing
Answer optiond
Marks: 1
Chapter: 5
1743 ___________may occure because of loss on scale of asset fire or theft etc
A. Financial expenses
B. Abnormal Losses
C. Sales
Answer optionb
Marks: 1
Chapter: 5
A. Inventory management
B. Marketing Management
C. Both a & b
D. None of above
Answer optiona
Marks: 1
Chapter: 6
C. Economic Quality
D. None of above
Answer optiona
Marks: 1
Chapter: 6
B. It is Very Complex
D. None of above
Answer optiona
Marks: 2
Chapter: 6
C. None of these
D. Both A & b
Answer optiond
Marks: 1
Chapter: 7
Write Step by step sequently objective I )To endorse self & mutual development ii) To develop quality of work iii)To give an opportunity to employee iV)To impr
1748
quality,productivity,safety & reduces the cost
A. i-iv-iii-ii
B. ii-iii-iv-i
C. i-ii-iii-iv
D. i-iii-iv-ii
Answer optionc
Marks: 1
Chapter: 7
A. Civil
B. mechanical
C. Chemical
D. Filament Yard
Answer optiond
Marks: 1
Chapter: 1
B. IT Enterprise services
C. IT Enabled system
Answer optiona
Marks: 1
Chapter: 1
A. Planning
B. Organizing
C. Staffing
D. controlling
Answer optionc
Marks: 1
Chapter: 2
Answer optiond
Marks: 1
Chapter: 2
1753 _____________ is the life blood of business enterprise. It is a universal lubricant which keeps enterprise dynamic.
A. Finance
B. Capital
C. Budget
D. VAT
Answer optionb
Marks: 1
Chapter: 5
Answer optiond
Marks: 1
Chapter: 5
1755 Following are which types of taxes :-1) Consumption tax. 2) Flat tax. 3) Social security tax. 4) Dividing tax. 5) Gift taxes. 6) Payroll tax. 7) Pole tax.
A. Direct taxes
B. Indirect taxes
C. Both A&B
D. None of above
Answer optionc
Marks: 2
Chapter: 5
A. MPR
B. MPS
C. ERP
D. None of above
Answer optionb
Marks: 1
Chapter: 6
1757 The idea of liberalization in the present phase of globalisation deals with
A. economic aspect
B. political aspect
C. technological aspect
Answer optiona
Marks: 1
Chapter: 1
1758 One of the following is definitely not a positive aspect of globalisation in India
B. Provision of technology
C. foreign invetment
D. employment oppurtunities
Answer optiona
Marks: 1
Chapter: 1
A. primary activity
B. secontary activity
C. tertiary activity
D. manufacturing process
Answer optionc
Marks: 1
Chapter: 1
A. Taylor
B. Elton mayo
C. Mary Follet
D. Peter drucker
Answer optiond
Marks: 1
Chapter: 2
A. Direction
B. Motivation
C. Inspiration
D. Coordination
Answer optiond
Marks: 2
Chapter: 2
A. Executive function
C. Structure of Management
Answer optionc
Marks: 1
Chapter: 3
Answer optionb
Marks: 1
Chapter: 3
1764 The principal sent a note that he will be on leave for a few days and the Hod of mechanical department will look after the responsibility in his absence, this is ca
A. Sharing of responsibility
B. delegation
C. decentralisation
D. Authority
Answer optionb
Marks: 1
Chapter: 3
1765 two of our friends decided to start a garment shop such type of business organisation can be called
A. Proprietorship
B. Partnership
C. Joint ownership
D. Cooeperative
Answer optionb
Marks: 2
Chapter: 3
1766 The quantity to be ordered depends upon two costs, what are they
Answer optionb
Marks: 1
Chapter: 5
D. to act as a leader
Answer optionb
Marks: 2
Chapter: 5
1768 I wanted to know the major and minor causes which are responsible for the problem,from the following which technique will I adopt
A. ERP
B. ABC analysis
C. MRP
D. Ishikawa diagram
Answer optiond
Marks: 1
Chapter: 6
A. ABC analysis
B. EOQ
C. MRP
D. TQM
Answer optiond
Marks: 1
Chapter: 7
Answer optiona
Marks: 2
Chapter: 7
A. Minimum
B. Maximum
C. Smaller
D. None
Answer optiona
Marks: 1
Chapter: 6
A. Purchasing
B. Procurement
Answer optionb
Marks: 1
Chapter: 6
A. Indirect income
B. Abnormal losses
C. Sales
Answer optiona
Marks: 1
Chapter: 5
A. Income tax
B. Sales tax
C. Wealth tax
Answer optiona
Marks: 1
Chapter: 5
A. Widow
B. Minor son
C. Widow mother
D. Married sister
Answer optiond
Marks: 2
Chapter: 4
1776 Fire extinguishers should be kept in easily accessible places.Under which category of accident prevention methods does this appear?
Answer optiond
Marks: 1
Chapter: 4
A. Worker
B. Management
D. Natural disaster
Answer optionb
Marks: 1
Chapter: 4
A. Authority
B. Responsibility
C. Communication
Answer optiona
Marks: 1
Chapter: 3
A. Line
B. Military
C. Scaler
D. Functional
Answer optiond
Marks: 1
Chapter: 3
1780 .------- type of organization is suitable for military & small businesses.
A. Line
B. Funtional
D. Projet
Answer optiona
Marks: 1
Chapter: 3
1781 .------- is important not only for individual but for an organization also.
A. Discipline
B. Authority
C. Division of work
D. Remuneration
Answer optiona
Marks: 2
Chapter: 2
1782 The factor which affects decision making is ----------------------
A. Certainty
B. Risk
C. Uncertainty
D. All of above
Answer optiond
Marks: 1
Chapter: 2
A. Authority
B. Responsibility
C. Delegation
Answer optionc
Marks: 1
Chapter: 2
A. Top
B. Middle
C. Lower
Answer optiona
Marks: 1
Chapter: 2
A. Scientific Management
B. Administrative Management
C. Bureaucratic Management
D. All of above
Answer optiond
Marks: 1
Chapter: 2
A. Entertainment
B. Hospitality
Answer optionc
Marks: 1
Chapter: 1
A. Commercial banks
B. Regional Banks
C. Cooperative Banks
Answer optiond
Marks: 1
Chapter: 1
1788 In ABC analysis, the 20 % items in industry having cost 80% of total inventory cost is called as -------
A. Type A
B. Type B
C. Type C
D. None
Answer optiona
Marks: 1
Chapter: 6
A. Raw
B. Finished
C. In-proess
D. Departmental
Answer optiond
Marks: 2
Chapter: 6
A. Kaizen
B. 5'S'
C. Six sigma
Answer optiona
Marks: 1
Chapter: 7
Answer optiona
Marks: 2
Chapter: 3
1792 Match the pair 1. Ashok Leyland a) Gurgoan 2. Suzuki b) Pune 3. Mahindra c)Chennai 4. Kinetic d) Nasik
Answer optionc
Marks: 1
Chapter: 1
A. 1965 – 1990
B. 1990 – 2002
C. 1965 – 1970
D. 1955 – 1965
Answer optiona
Marks: 1
Chapter: 1
A. SAP
B. Tally ERP
C. MPR
D. Both A & B
Answer optiond
Marks: 2
Chapter: 6
D. None of these
Answer optionc
Marks: 1
Chapter: 7
1796 ____________ accident prevents employees from working, for the period less than 48 hours from the time of accident.
A. Fatal
B. Major
C. Minor
D. Trivial
Answer optionc
Marks: 1
Chapter: 4
1797 When 20 number of persons comes together to form a business as owners with all legal formalities then formed ownership is called as ______________ type of o
A. Co-operative
C. Partnership
D. Proprietorship
Answer optionc
Marks: 2
Chapter: 3
A. working
B. manufacturing technique
C. process
D. methods
Answer optionc
Marks: 1
Chapter: 3
1799 Similar activites & related people are grouped together to form a _________________
A. department
B. organisation
C. span of control
D. committee
Answer optiona
Marks: 1
Chapter: 3
1800 Oraganization establishes a relationship betweeen authority & ______________ & controls the efforts of group.
A. authority
B. responsibility
C. delegation
D. controlling
Answer optionb
Marks: 1
Chapter: 3
1801 Which function of management fails due to following reasons a. Incorrect person to do plan, b. faulty System of work c. Insufficient data d. No feedback system
Overconfidence
A. Organising
B. Directing
C. Planning
D. Motivating
Answer optionc
Marks: 2
Chapter: 2
1802 "The process by which actual performance of subordinates is guided towards common goals of the enterprise" is called as _____________ function of managem
A. Organising
B. Directing
C. Motivation
D. Coordination
Answer optionb
Marks: 1
Chapter: 2
A. Strategical Level
B. Operational Level
C. Tactical Level
D. Force Level
Answer optionc
Marks: 1
Chapter: 2
1804 Management works as _______________ to produce goods using labour, materials and capital
A. Catalyst
B. Activator
C. Convertor
D. Processor
Answer optiona
Marks: 1
Chapter: 2
1805 Products are produced from raw materials by using engineering technology and ______________
A. Tools
B. Equipments
C. Machinery
D. Money
Answer optionc
Marks: 1
Chapter: 1
1806 Service sector has occupied _____ of GDP (Gross Domestic Product)
A. 0%
B. 1%
C. 2%
D. 10%
Answer optionb
Marks: 1
Chapter: 1
1807 ______________ department will be dedicated for saftey related work only
A. Production
B. Safety
C. Sales
D. Accounting
Answer optionb
Marks: 1
Chapter: 4
1808 Relationship between employer & employees is very important for the development & _____________ of any organization.
A. Growth
B. Stability
C. Increment
D. Survival
Answer optiond
Marks: 1
Chapter: 4
A. Funds
B. Material
C. Labour
D. Equipment
Answer optiona
Marks: 1
Chapter: 5
A. Accounts
B. Debentures
C. Shares
D. Budgets
Answer optiond
Marks: 1
Chapter: 5
1811 _________________ operates on the principle that if you have something it must have been paid for somehow.
B. Organisation chart
C. Balance sheet
D. Labour budget
Answer optionc
Marks: 2
Chapter: 5
1812 ____________________ is way of keping material which will not stop the manufacturing and allied process
A. inventory
B. handling
C. assurance
D. control
Answer optiona
Marks: 1
Chapter: 6
1813 The results of ABC analysis have to be reviewed ________________ & updated.
A. regularly
B. periodically
C. monthly
D. yearly
Answer optionb
Marks: 1
Chapter: 6
1814 If there is more stock than requirement , then the cost of carrying it i.e. __________________ cost will b more.
A. procurement
B. purchase
C. inventory
D. transport
Answer optionc
Marks: 1
Chapter: 6
If a TV manufacturing industry is using ABC analysis for inventory management. They are having items such as picture tube main costly item, PCB moderately
1815
electronics components less costly items, then classify these items into A items, B items & C items.
Answer optiona
Marks: 2
Chapter: 6
According to ERP each department has its own ERP module following are the ERP module and department match ERP module with their department A. ERP
1816 B. ERP Human Resources Module C. ERP Purchase Module D. ERP production module and Departments are 1. Production Dept. 2. Account Dept. 3. Purchase
Personal Dept.
A. A- 2, B- 4, C- 3, D-1
Answer optiona
Marks: 2
Chapter: 6
1817 Quality __________ gives more attention on testing of products to find defects & reporting to management before release of product.
A. Feedback
B. Assurance
C. Management
D. Control
Answer optiond
Marks: 1
Chapter: 7
A. Increment
B. Decrement
C. Improvement
D. Steady state
Answer optionc
Marks: 1
Chapter: 7
Following are the stages & Break through Strategy (B.S.) phases. Match the Stage & Break through Strategy correctly. 1. Identification 2. Characterization 3. O
1819
Institutionalization and B.S. phases are A. Improve & Control B. Standardise & Integrate C. Recognize & Define D. Measure & Analyze
Answer optionb
Marks: 2
Chapter: 7
D. All above.
Answer optiond
Marks: 1
Chapter: 2
A. Plans
B. Problems
C. Task.
D. None of these.
Answer optiona
Marks: 1
Chapter: 2
A. Planning
B. Coordinating
C. Directing.
D. Motivating.
Answer optionb
Marks: 1
Chapter: 2
A. Top to bottom
B. Bottom to top
C. Both a & b
D. None of these
Answer optiona
Marks: 1
Chapter: 3
A. Uncontrolled
B. Controlled
C. Semi controlled
D. All above
Answer optiona
Marks: 1
Chapter: 3
A. Integrated
B. Isolated
C. Both a & b
D. None of these
Answer optiona
Marks: 1
Chapter: 5
D. None of these.
Answer optiona
Marks: 1
Chapter: 5
C. Both a and b
D. None of these.
Answer optiona
Marks: 1
Chapter: 6
A. 5S
B. 6S
C. 7S
D. 4S
Answer optiona
Marks: 1
Chapter: 6
A. Statistical.
B. Mathematical
C. Both a and b
D. None of these
Answer optiona
Marks: 1
Chapter: 6
A. By function/product/process
B. By Market
C. Customer
D. All above.
Answer optiond
Marks: 2
Chapter: 6
1831 If the capital in a business provided by one or two persons in the form of Shares With legal entity then it is Called as ---------?
B. Partnership co.
D. None of these.
Answer optionb
Marks: 1
Chapter: 7
Following table is the example of--------budget? . XYZ-Co. -----------Budget. For the year- Dept. JAN FEB MAR 2nd Qtr 3rd Qtr. X 4000 2000 4000 13000 14000
1832
3000 9000 9500 X+Y
A. Production
B. Labour
C. Sales
D. Cash
Answer optionc
Marks: 1
Chapter: 7
A. Upper level
B. Middle level
C. Lower level
D. Both a & b
Answer optiona
Marks: 2
Chapter: 7
D. Training employees.
Answer optionb
Marks: 1
Chapter: 2
A. motivation
B. teamwork
C. controlling
D. leadership
Answer optionc
Marks: 1
Chapter: 2
Answer optiond
Marks: 1
Chapter: 3
D. organizaiton is a system
Answer optiona
Marks: 1
Chapter: 3
A. profit maximization
B. wealth maximization
Answer optiond
Marks: 1
Chapter: 5
A. fixed capital
B. working capital
D. None
Answer optionc
Marks: 1
Chapter: 5
A. Balance sheet
C. Budget sheet
D. Master Sheet
Answer optiona
Marks: 2
Chapter: 5
1841 EOQ is a formula that determines the ___________ at which the combination of procurement costs and inventory carrying costs are least
A. quality
B. cost
C. profit
D. quantity
Answer optiond
Marks: 1
Chapter: 6
Answer optionc
Marks: 1
Chapter: 6
A. capacity
B. control
C. quantity
D. arragement
Answer optiona
Marks: 1
Chapter: 7
1844 Process employed to ensure a certain level of quality in a product or service is called
A. quality audit
B. 5s
C. quality control
D. quality circle
Answer optionc
Marks: 1
Chapter: 7
Answer optionb
Marks: 1
Chapter: 7
A. customer
B. supplier
C. A and B
Answer optiona
Marks: 1
Chapter: 6
A. A items
B. B items
C. C items
Answer optiona
Marks: 1
Chapter: 6
B. balance sheet
C. sales budget
D. master budget
Answer optiond
Marks: 2
Chapter: 5
C. Debtors
D. Retained Profit
Answer optiona
Marks: 1
Chapter: 5
A. Motor Vehicles
B. Debtors
C. Creditors
D. Share Capital
Answer optionc
Marks: 1
Chapter: 5
Marks: 1
Chapter: 5
A. satisfaction
B. needs
C. maintenance factors
D. rewards
Answer optionb
Marks: 2
Chapter: 3
A. process
B. functional
C. staff
Answer optiond
Marks: 2
Chapter: 3
A. objective
B. schedules
C. procedures
D. budgets
Answer optiona
Marks: 1
Chapter: 3
1855 The chain of superiors from the highest authority to the lowest level in the organization is _________
A. Unity of direction
B. Unity of command
C. Centralization
D. Scalar chain
Answer optiond
Marks: 1
Chapter: 3
1856 An identified group of people contributing their efforts towards the attainment of goals is called an
A. Organization
B. Business
C. Management
D. Department
Answer optiona
Marks: 1
Chapter: 3
1857 Exchange of ideas, opinions, information etc. between two or more persons is________
A. planning
B. organizing
C. communication
D. staffing
Answer optionc
Marks: 1
Chapter: 2
1858 India is awarded a certification of ---- free country.
A. cancer
B. Polio
C. Swine flu
D. AIDs
Answer optionb
Marks: 1
Chapter: 1
A. profit
B. loss
C. funds
D. less space
Answer optionb
Marks: 1
Chapter: 6
A. procurement cost
B. inventory cost
C. holding cost
Answer optiona
Marks: 2
Chapter: 6
1861 Following are the principles of …..1)Customer focus 2)Leadership3)Involvement of people4)Process approach
A. ERP
B. Organization
C. ISO:9001
D. EOQ
Answer optionc
Marks: 2
Chapter: 7
A. D,E,F
B. H,I,J
C. A,B,C
D. A TO J
Answer optionc
Marks: 2
Chapter: 7
A. chemical
B. information technology
C. agricultural
D. process
Answer optionb
Marks: 1
Chapter: 1
A. to get money
Answer optiond
Marks: 1
Chapter: 1
Answer optionc
Marks: 1
Chapter: 1
A. Planning
B. organizing
C. directing
D. all of above
Answer optionb
Marks: 1
Chapter: 2
1867 The right of a person to give instructions to his subordinates is known as_________.
A. responsibility
B. authority
C. Accountability
D. Line authority
Answer optionb
Marks: 1
Chapter: 3
1868 Supply of human and material resources and helps to achieve the objective of business is _______
A. planning
B. Organization
C. Management
D. Control
Answer optionb
Marks: 1
Chapter: 3
1869 The process of dividing the large monolithic functional organization into small and flexible administrative units is called__________.
A. Staffing
B. Delegation
C. Departmentation
D. Control
Answer optionc
Marks: 1
Chapter: 3
A. Project
B. Functional
C. Process
D. Line
Answer optiona
Marks: 2
Chapter: 3
B. daydreaming
C. improper ventilation
D. protruding nails
Answer optionb
Marks: 1
Chapter: 4
1872 As per Factories Act, "--------------------” of a factory means the person who has the ultimate control over the affairs of the factory.
A. Manager
B. Owner
C. Director
D. Occupier
Answer optiond
Marks: 1
Chapter: 4
1873 Which of the following is obligation imposed byFactories Act upon the employer with respect to his workers ?
A. Health
B. Safety
C. Welfare
Answer optiond
Marks: 1
Chapter: 4
1874 XYZ company has to be appointed _____________ if an organization is engaging 500 or more employees
A. safty committee
B. welfare officer
C. plant committee
D. saftey officer
Answer optionb
Marks: 2
Chapter: 4
A. record keeping
B. profit maximization
Answer optiond
Marks: 1
Chapter: 5
Answer optionc
Marks: 1
Chapter: 5
1877 The summary of an organisations assets and Liabilities at a particular point in time is called?
A. Trading Account
C. Balance Sheet
D. Trade Balance
Answer optionc
Marks: 1
Chapter: 5
1878 Which one of the following cannot be found in the Profit & Loss Account?
B. Telephone Expenses
D. Wages/Salaries
Answer optionc
Marks: 2
Chapter: 5
An organisation which produce DVD recorders has a Fixed Cost of Rs. 30,000. If the selling price is Rs. 350 each and Variable Costs are Rs. 100 per unit what is
1879
units needed to reach the Break-Evan point?
A. 80
B. 120
C. 250
D. 300
Answer optionb
Marks: 2
Chapter: 5
Answer optiona
Marks: 1
Chapter: 6
1881 Which of the following categories of materials handling equipment does a ‘counterbalanced type’ belong to?
A. Gravity Conveyor
C. Picking Robot
D. Warehouse Trolley.
Answer optionb
Marks: 2
Chapter: 6
1882 Warehouses and stockyards are two types of storage facilities. Which of the following is the most appropriate factor to consider in the design of a stockyard?
A. Structure
B. Services
C. Surface
D. Shelving.
Answer optionc
Marks: 2
Chapter: 6
B. cost of quality
C. a cluse in ISO:9001
D. customer complaints
Answer optiona
Marks: 1
Chapter: 7
B. sixsigma curve
C. normal curve
D. sigma curve
Answer optiona
Marks: 2
Chapter: 7
A. product
B. quantity
C. ERP
D. MRP
Answer optiona
Marks: 1
Chapter: 7
1886 it is the series of the quality management system standards created by the international organisation for standardisation
A. ERP
B. ISO 9001
C. EOQ
D. 5S
Answer optionb
Marks: 1
Chapter: 7
1887 classification of material as per their values and usage comes under
A. TQM
B. ABC analysis
C. ERP
Answer optionb
Marks: 1
Chapter: 6
A. fixed assets are used over and over again for numbers of years
B. the capital invested in assets of durable nature for repeated use of long perid is called fixed capital
C. both
D. none
Answer optiond
Marks: 2
Chapter: 5
Answer optiond
Marks: 2
Chapter: 5
A. land
B. building
Answer optiond
Marks: 1
Chapter: 5
A. shares
D. all
Answer optiond
Marks: 1
Chapter: 5
Answer optiond
Marks: 2
Chapter: 4
Answer optiond
Marks: 2
Chapter: 3
1894 Urban co-operative bank refers to which of the following company type-
A. Single Ownership
B. public ltd
C. Partnership company
D. Co-operative company
Answer optiond
Marks: 1
Chapter: 3
A. social
B. physiological
C. safety
D. self actualisation
Answer optiond
Marks: 1
Chapter: 2
B. organising
C. staffing
D. scheduling
Answer optionb
Marks: 1
Chapter: 2
A. SBI
B. RBI
C. CBI
D. FBI
Answer optionb
Marks: 1
Chapter: 1
A. Employment opportunity
B. Foreign Investment
C. Competition
Answer optiond
Marks: 1
Chapter: 1
A. Sales
B. Production
C. Trading
D. Excise
Answer optionb
Marks: 2
Chapter: 5
A. hand gloves
B. helmet
C. goggles
D. pullover
Answer optiond
Marks: 2
Chapter: 4
A. Service
B. Trade
C. Manufacturing
D. Both a and b
Answer optionb
Marks: 1
Chapter: 1
A. IT
B. Banking
C. Real Estate
D. Textile Mill
Answer optiond
Marks: 1
Chapter: 1
A. Chinese
B. Japanese
C. Korean
D. Thai
Answer optionb
Marks: 1
Chapter: 7
A. Needs
B. Safety
C. Competition
D. Motivation
Answer optiond
Marks: 1
Chapter: 7
A. Physiological Need
B. Safely Needs
C. Competence Needs
D. Social Needs
Answer optiona
Marks: 1
Chapter: 7
A. Motivation
B. Need
C. Satisfaction
D. None
Answer optionb
Marks: 1
Chapter: 7
1907 ____ make products, from raw materials or componentparts, which they then sell at a profit.
A. service providers
B. Manufactureres
C. Traders
D. None
Answer optiona
Marks: 1
Chapter: 1
Answer optiona
Marks: 1
Chapter: 1
A. Agriculture
B. Chemicals
C. Engineering
D. Textile industry
Answer optiona
Marks: 1
Chapter: 1
A. telecom
B. service
C. software
D. product development
Answer optiond
Marks: 1
Chapter: 1
B. Grouping of activities
Answer optiond
Marks: 1
Chapter: 2
1912 "They expect less but contribute more" this happens in which phase?
A. Social needs
B. Safety needs
C. Self actualization
D. Esteem needs
Answer optionc
Marks: 2
Chapter: 2
A. Temporary
B. Permanent
C. Annual
D. Quarterly
Answer optiona
Marks: 1
Chapter: 3
1914 _________ is a voluntary organization formed to serve the members and the welfare of society.
A. company
B. co-operative society
Answer optionb
Marks: 1
Chapter: 3
A. big
B. wide
C. narrow
D. small
Answer optionc
Marks: 2
Chapter: 3
B. public deposits
C. debenture
D. subcontracting
Answer optiona
Marks: 1
Chapter: 5
A. indirect materials
B. finished goods
C. work in progress
Answer optiona
Marks: 1
Chapter: 6
1918 ________ helps managers to have selective control and focus attention only on important items.
A. EOQ
B. ABC analysis
C. inventory
Answer optionb
Marks: 1
Chapter: 6
D. to participate
Answer optiond
Marks: 1
Chapter: 7