Commerce Paper-2 Quiz for UGC NET Exam

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Commerce Paper-2 Quiz

1.   The term ‘capital structure’ implies :
    (1)  Share Capital + Reserves + Long-Term Debts
    (2)  Share Capital + Long and Short-Term Debts
    (3)  Share Capital + Long-Term Debts
    (4)  Equity and Preference Share Capital

2.   A company has issued 10 percent perpetual debt of Rs. 1 lac at 5 percent premium. If tax rate is 30 percent, then the cost of debt will be :
    (1)  10 percent
    (2)  15 percent
    (3)  6.66 percent
    (4)  8.21 percent

3.   “Dividend is not relevant in determining the value of the company”. Who among the following held this opinion ?
    (1)  J.E. Walter
    (2)  Ezra Soloman
    (3)  Modigliani-Miller
    (4)  M.J. Gordon

4.   The formula Q/2 is used to compute the :
    (1)  Total ordering cost
    (2)  Total carrying cost
    (3)  Opportunity cost
    (4)  Re-order point

5.   Financial Leverage is measured by :
    (1)  EBIT/EAT

    (2)  EBIT/EBT

    (3)  EAIT/EBT

    (4)  C/EBIT

6.   Which of the following is a key role of HR Manager as defined by Ulrich et al (2009) ?
    (1)  Personnel Administrator
    (2)  Business Ally
    (3)  Payroll Advisor
    (4)  Organizational Geographer

7.   Which of the following is the most serious problem that might arise due to excessive reliance on internal recruitment ?
    (1)  reduced job performance
    (2)  high labour turnover
    (3)  lack of motivation
    (4)  internal resistance

8.   Match the methods of performance appraisal given in List – I with the explanations given in the List – II :

List – I List – II
(a) Behaviourally Anchored Rating Scale (BARS) (i) Evaluator keeps a log of
critical incidents to evaluate
performance
(b) Management By Objectives (MBO) (ii) Evaluator indicates on a scale
how often the appraise was
actually observed engaging in
the specific behaviours
already identified
(c) Critical incident method (iii) Evaluator rates on the scale
described in the form of
critical incidents
(d) Behaviour observation scale (iv) Systematic and organized
approach that allows
management to focus on achievable goals

Codes :

(a) (b) (c) (d)

    (1)  (ii) (iv) (i) (iii)
    (2)  (i) (iv) (ii) (iii)
    (3)  (iii) (iv) (i) (ii)
    (4)  (ii) (i) (iv) (iii)

9.   The internal factors affecting the wage mix include :

(a) Relative worth of the job (b) Area wage rates
(c) Employer’s ability to pay (d) Manpower market conditions
Codes :

    (1)  (a), (b) and (c)
    (2)  (a) and (c)
    (3)  (b), (c) and (d)
    (4)  All of the above

10.   Match the items of List – I with the items of List – II :

List – I List – II
(a) Giri Approach (i) The utility of non-violence as the means of
conflict resolution.
(b) Industrial Sociology Approach (ii) Organizations are made up of people and the
success of management lies in its dealing with
these people.
(c) Gandhian Approach (iii) Voluntary negotiations between employers
and employees are a means of settling disputes.
(d) Human Relations Approach (iv) Investigating the underlying trends and
patterns in the cause and effect of industrial
disputes.
Codes :
(a) (b) (c) (d)
    (1)  (ii) (iii) (i) (iv)
    (2)  (iii) (iv) (i) (ii)
    (3)  (i) (iii) (ii) (iv)
    (4)  (i) (ii) (iv) (iii)



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