Test Preparation on UGC NET Management Practice Set-15
1.
Assertion (a): Special rules and procedures arefollowed in the import and export tradeReason (R): The need for import and exporttrade is explained by the principles of?Comparative Cost Theory?.
2.
Assertion (a): The investors in the capitalmarket have been showing a decisive shift infavour of fixed income instruments.Reason (R): The debt instruments have activesecondary market.
3.
A firm produces output using labour and capital.If prices of both inputs double, then the totalminimum cost of producing any given level ofoutput is
4.
In the long-run, a firm under perfectlycompetitive market earns
5.
National income at current prices is equal to
6.
A monopolist always charges a price which is
7.
The Kinky demand curve hypothesis predicts
8.
In the law of variable proportions, phase ?two?indicates
9.
The overall goal of Scientific Management is
10.
An organization structure is effective if it enablesindividuals to contribute to the objectives ofthe enterprise, this is known as
11.
The Greatman theory of leadership led to therise of
12.
The hallmark of leadership is
13.
Organisation is the process of
14.
Organisation deals with
15.
The Human Relations Theory rejects
16.
Training and accidents have
17.
Where the work cannot be measured, to controlworking force the wage payment must be
18.
More job-security is available in
19.
The important feature of piece rate system usthat the worker
20.
A company is said to be low geared when theproportion of
