N Paper II Commerce.pmd

Signature and Name of Invigilator 1. (Signature) (Name) 2. (Signature) (Name) N00817 PAPER - II COMMERCE OMR Sheet No. :... (To be filled by the Candidate) Roll No. Roll No. (In figures as per admission card) (In words) Time : 1¼ hours] [Maximum Marks : 100 Number of Pages in this Booklet : 24 Number of Questions in this Booklet : 50 Instructions for the Candidates 1. Write your roll number in the space provided on the top of this page. 2. This paper consists of fifty multiple-choice type of questions. 3. At the commencement of examination, the question booklet will be given to you. In the first 5 minutes, you are requested to open the booklet and compulsorily examine it as below : (i) (ii) To have access to the Question Booklet, tear off the paper seal on the edge of this cover page. Do not accept a booklet without sticker-seal and do not accept an open booklet. Tally the number of pages and number of questions in the booklet with the information printed on the cover page. Faulty booklets due to pages/questions missing or duplicate or not in serial order or any other discrepancy should be got replaced immediately by a correct booklet from the invigilator within the period of 5 minutes. Afterwards, neither the Question Booklet will be replaced nor any extra time will be given. (iii) After this verification is over, the Test Booklet Number should be entered on the OMR Sheet and the OMR Sheet Number should be entered on this Test Booklet. 4. Each item has four alternative responses marked (1), (2), (3) and (4). You have to darken the circle as indicated below on the correct response against each item. N-00817!N-00817-PAPER-II! UËˇÊÊÁÕ ÿù apple Á ÁŸŒapple Ê 1. ß ÎDU apple U ÁŸÿÃ SÕÊŸ U ŸÊ UÙ U Ÿê U Á Áπ 2. ß Ÿ- òê apple øê ÈÁfl À Ëÿ Ÿ Ò 3. UËˇÊÊ Ê êu ÙŸapple U, Ÿ- ÈÁSÃ Ê Ê Ù Œapple ŒË ÊÿappleªË appleu UÊ ø Á Ÿ U Ê Ù Ÿ- ÈÁSÃ Ê πù Ÿapple ÃÕÊ Ë ÁŸêŸÁ ÁπÃ Ê ø apple Á ÁŒÿapple Êÿapple ªapple, Á Ë Ê ø Ê Ù fl ÿ UŸË Ò (i) Ÿ- ÈÁSÃ Ê πù Ÿapple apple Á ÈÁSÃ Ê U ªË Êª Ë Ë Êapple» Ê«apple U πè Ë Èß ÿê Á ŸÊ S UË U- Ë U Ë ÈÁSÃ Ê SflË Ê U Ÿ apple U (ii) fl U ÎDU U U apple ÁŸŒapple ÊÊŸÈ Ê U Ÿ- ÈÁSÃ Ê apple ÎDU ÃÕÊ ŸÙ Ë ÅÿÊ Ù ë UË Ã U øò U apple U Á ÿapple Í appleu Ò U ŒÙ ÍáÊ ÈÁSÃ Ê Á Ÿ apple ÎDU/ Ÿ Ù ÿê ŒÈ Ê UÊ Ê ªÿapple Ù ÿê ËÁ Uÿ U apple Ÿ Ù ÕÊ Ã Á Ë Ë Ê U Ë òêèá U ÍáÊ ÈÁSÃ Ê SflË Ê U Ÿ apple U ÃÕÊ Ë ÿ apple Uı UÊ U apple SÕÊŸ U ŒÍ UË Ë Ÿ- ÈÁSÃ Ê apple apple U ß apple Á Ê Ù Ê ø Á Ÿ U ÁŒÿapple Êÿapple ªapple apple ÊŒ Ÿ ÃÙ Ê Ë Ÿ- ÈÁSÃ Ê flê Ë ÊÿappleªË ı U Ÿ Ë Ê Ù ÁÃÁ UQ ÿ ÁŒÿÊ ÊÿappleªÊ (iii) ß Ê ø apple ÊŒ Ÿ- ÈÁSÃ Ê Ê Ÿ U OMR òê U Á Ã apple U Uı U OMR òê Ê Ÿ U ß Ÿ- ÈÁSÃ Ê U Á Ã U Œapple 4. àÿapple Ÿ apple Á øê U ûê U Áfl À (1), (2), (3) ÃÕÊ (4) ÁŒÿapple ªÿapple Ò Ê Ù Ë ûê U apple flîûê Ù appleÿ apple U U Ê Ê UŸÊ Ò Ò Ê Á ŸËøapple ÁŒπÊÿÊ ªÿÊ Ò Example : where (3) is the correct response. ŒÊ UáÊ Á (3) Ë ûê U Ò 5. Your responses to the items are to be indicated in the OMR 5. ŸÊapple apple ûê U apple fl Ÿ ÈÁSÃ Ê apple ãœ U ÁŒÿapple ªÿapple OMRU òê U Ë Sheet given inside the Booklet only. If you mark your Á Ã UŸapple Ò ÿáœ Ê OMRU òê U ÁŒÿapple ªÿapple flîûê apple ÊflÊ Á Ë response at any place other than in the circle in the OMR ãÿ SÕÊŸ U ûê U ÁøqÊ Á Ã UÃapple Ò, ÃÙ Ê ÍÀUÿÊ Ÿ Ÿ Ë ÙªÊ Sheet, it will not be evaluated. 6. ãœ U ÁŒÿapple ªÿapple ÁŸŒapple ÊÙ Ù äÿêÿ Ífl apple U 6. Read instructions given inside carefully. 7. ìêê Ê (Rough Work) ß ÈÁSÃ Ê apple ÁãÃ ÎDU U apple U 7. Rough Work is to be done in the end of this booklet. 8. If you write your Name, Roll Number, Phone Number or 8. ÿáœ Ê OMR òê U ÁŸÿÃ SÕÊŸ apple ÊflÊ ŸÊ ŸÊ, UÊapple Ÿê U, put any mark on any part of the OMR Sheet, except for the» ÊappleŸ Ÿê U ÿê Êappleß Ë apple Ê Áøq Á apple Ê Ë øêÿ Êapple apple, Á Ã UÃapple space allotted for the relevant entries, which may disclose Ò ÕflÊ Œ Ê Ê Ê ÿêappleª UÃapple Ò, ÿê Êappleß ãÿ ŸÈÁøÃ ÊœŸ Ê your identity, or use abusive language or employ any other ÿêappleª UÃapple Ò, Ò apple Á Á Ã Á ÿapple ªÿapple ûê U Êapple Á UÊŸÊ ÿê»apple Œ SÿÊ Ë apple unfair means, such as change of response by scratching or Œ ŸÊ ÃÊapple UËˇÊÊ apple Á ÿapple ÿêappleçÿ ÉÊÊappleÁ Ã Á ÿapple Ê Ãapple Ò using white fluid, you will render yourself liable to 9. Ê Ù UËˇÊÊ Ê# ÙŸapple U Í OMR òê ÁŸ UËˇÊ ÙŒÿ Ù Uı UÊŸÊ disqualification. Êfl ÿ Ò ı U UËˇÊÊ ÊÁ# apple ÊŒ apple Ÿapple ÊÕ UËˇÊÊ flÿ apple Ê U 9. You have to return the original OMR Sheet to the invigilators at the end of the examination compulsorily and must not Ÿ apple U Êÿapple Ê Ê Á Ê UËˇÊÊ ÊÁ# U Í Ÿ- ÈÁSÃ Ê ÃÕÊ OMR carry it with you outside the Examination Hall. You are òê Ë «ÈUå Ë apple U ÁÃ Ÿapple ÊÕ apple Ê Ãapple Ò however, allowed to carry original question booklet and 10. apple fl ŸË apple/ Ê apple Ê U åflêßz U appleÿ Ê Ë ÿêappleª apple U duplicate copy of OMR Sheet on conclusion of examination. 11. Á Ë Ë Ê U Ê ªáÊ ( Ò È apple U U) UÿÊ Êª appleu ÊÁŒ Ê 10. Use only Blue/Black Ball point pen. ÿùª flá Ã Ò 11. Use of any calculator or log table etc., is prohibited. 12. There are no negative marks for incorrect answers. 12. ª Ã ûê UÊapple apple Á Êappleß Ÿ Ê UÊà Ÿ Ë Ò 13. In case of any discrepancy in the English and Hindi versions, 13. ÿáœ ª apple Ë ÿê Á ŒË Áflfl UáÊ apple Êappleß Áfl ªÁÃ Êapple, ÃÊapple ª apple Ë Áflfl UáÊ ÁÃ English version will be taken as final. ÊŸÊ Ê ªÊ 1 P.T.O.

COMMERCE PAPER - II Note : This paper contains fifty (50) objective type questions of two (2) marks each. All questions are compulsory. 1. From the following statements of Assertion (A) and Reasoning (R), indicate the correct code : Assertion (A) : Industrial liberalisation became an imperative condition for the growth of forces of competition leading to high efficiency and productivity in Indian industries. Reasoning (R) : Industrial development and curbing of poverty is only possible through government intervention. (1) (A) and (R) both are not correct. (2) (A) is correct but (R) is not the correct explanation of (A). (3) (A) is correct and (R) is correct explanation of (A). (4) (A) is not correct but (R) is correct. 2. Which of the following statements are not correct? Statement (I) : Sustainable development means an attempt to achieve the balance between economic growth and conservation / protection of environment. Statement (II) : Sustainable development means meeting the needs of industries without compromising the needs of import - export balancing. Statement (III) : Sustainable development means creation of sufficient surplus budgets through stock of capital assets including land. (1) Statements (I) and (III) (2) Statements (II) and (III) (3) Statements (I) and (II) (4) Statements (I), (II) and (III) 3. Match items of List - I with List - II relating to macro environment of business and indicate the code of correct matching : List - I List - II (a) Economic environment (i) Ethical issues (b) Political and government (ii) Trade and transport policies environment (c) Socio - cultural environment (iii) Economic stratification of population (d) Demographic environment (iv) Judiciary powers (1) (ii) (iv) (i) (iii) (2) (i) (iii) (ii) (iv) (3) (iv) (ii) (iii) (i) (4) (iii) (i) (iv) (ii) N-00817!N-00817-PAPER-II! 2 Paper-II

N-00817!N-00817-PAPER-II! flêááêíÿ Ÿ- òê - II ÁŸŒapple Ê ß Ÿ- òê apple øê (50) È-Áfl À UËÿ Ÿ Ò àÿapple Ÿ apple ŒÙ (2) Ò Ë Ÿ ÁŸflÊÿ Ò 1. ÁŸêŸÁ ÁπÃ Á ÕŸ (A) ÊÒ U Ã (R) apple ŒÊapple ÕŸÊapple apple Ë Í U Ê øÿÿ ËÁ Á ÕŸ (A) : ÊÒlÊappleÁª ŒÊ UË áê ÁÃS œë ÊÁQ ÿêapple apple Áfl Ê apple Á Êfl ÿ ÊÃ Ÿ ªÿÊ, Á apple Á UáÊÊ SflM Ê UÃËÿ lêappleappleªêapple apple ŒˇÊÃÊ ÃÕÊ à ÊŒ ÃÊ apple flîáh Èß Ã (R) : ÊÒlÊappleÁª Áfl Ê ÊÒ U ÁŸœ ŸÃÊ Êapple ÁŸÿ òêáê apple UπŸÊ apple fl U Ê UË SÃˇÊapple apple fl Ò (1) (A) ÊÒ U (R) ŒÊappleŸÊapple Ë Ÿ Ë Ò (2) (A) Ë Ò Á ÃÈ (R), (A) Ë Ë ÿêåÿê Ÿ Ë Ò (3) (A) Ë Ò ÊÒ U (R), (A) Ë Ë ÿêåÿê Ò (4) (A) Ë Ÿ Ë Ò Á ÃÈ (R) Ë Ò 2. ÁŸêŸÁ ÁπÃ apple apple ÊÒŸ apple ÕŸ Ë Ÿ Ë Ò? ÕŸ (I) : fl ŸËÿ Áfl Ê Ê Õ ÊÁÕ flîáh ÃÕÊ ÿê fl UáÊ Ê UˇÊáÊ/ UˇÊÊ apple Ëø ÃÈ Ÿ ŸÊŸapple Ê ÿàÿ Ò ÕŸ (II) : fl ŸËÿ Áfl Ê Ê Õ ÊÿÊÃ-ÁŸÿÊ Ã ÃÈÁ Ã UŸapple Ë Êfl ÿ ÃÊ Êapple apple ÊÊÒÃÊ Á Á ŸÊ lêappleªêapple Ë Êfl ÿ ÃÊ Êapple Êapple Í UÊ UŸÊ Ò ÕŸ (III) : fl ŸËÿ Áfl Ê Ê Õ ÍÁ Á Ã Í Ë Á U ê ÁûÊ apple S UÊÚ apple Êäÿ apple ÿê # Áœ Êapple U Ê Î Ÿ UŸÊ Ò (1) ÕŸ (I) ÊÒ U (III) (2) ÕŸ (II) ÊÒ U (III) (3) ÕŸ (I) ÊÒ U (II) (4) ÕŸ (I), (II) ÊÒ U (III) 3. ÿfl Êÿ apple Íˇ Á Uflapple Ê apple ÁœÃ ÍøË - I ÊÒ U ÍøË - II apple ŒÊapple Êapple È appleá Ã ËÁ ÃÕÊ Ë Á ÊŸ apple Í U Êapple ÃÊßÿapple ÍøË - I ÍøË - II (a) ÊÁÕ ÿê fl UáÊ (i) ÊøÊ U œë Ègapple (b) UÊ ŸËÁÃ ÊÒ U U Ê UË ÿê fl UáÊ (ii) ÿê Ê U ÊÒ U Á Ufl Ÿ ŸËÁÃÿÊ (c) Ê ÊÁ - Ê S Î ÁÃ ÿê fl UáÊ (iii) Ÿ ÅÿÊ Ê ÊÁÕ SÃ UË UáÊ (d) Ÿ Ê ÁÅÿ Ëÿ ÿê fl UáÊ (iv) ãÿêáÿ ÊÁQ ÿê (1) (ii) (iv) (i) (iii) (2) (i) (iii) (ii) (iv) (3) (iv) (ii) (iii) (i) (4) (iii) (i) (iv) (ii) 3 Paper-II

4. For which one of the basic reasons, the Structural Adjustment Programme was undertaken in India in 1991? (1) Curbing competition among private sector (2) Establishing predominant role of public sector (3) Establishing a free market economy (4) Regional balancing through planning and licensing 5. Match the items of List - I with List - II and indicate the correct code of matching : List - I List - II (a) Micro external environment (i) Economic and political factors (b) Macro external environment (ii) Competition among diverse products targetting disposable income of consumers (c) Non - price competition (iii) Input suppliers (d) Desire competition (iv) Sponsoring of events like sports (1) (iii) (i) (iv) (ii) (2) (ii) (iii) (iv) (i) (3) (iv) (ii) (iii) (i) (4) (iv) (i) (ii) (iii) 6. Assertion (A) : Debt - equity ratio indicates the long term solvency of a company. Reasoning (R) : It measures the ability of the company to pay off its long term liabilities. Select the correct answer from the code given below : (1) Both (A) and (R) are correct and (R) is the correct reason for (A). (2) Both (A) and (R) are correct but (R) does not explain (A) correctly. (3) (A) is correct but (R) is wrong. (4) (A) is wrong but (R) is correct. 7. The balance of property at cost has been ` 20,000 and ` 17,000 in 2015 and 2016, respectively. The profit on the sale of property of ` 2,000 is credited to Capital Reserve Account. New property costing ` 5,000 was bought in 2016. Determine the sale proceeds from property. (1) ` 3,000 (2) ` 7,000 (3) ` 10,000 (4) ` 15,000 8. Goodwill of a firm of X and Y is valued at ` 30,000. It is appearing in the books at ` 12,000. Z is admitted for 1/4 share. What amount he is supposed to bring for goodwill? (1) ` 3,000 (2) ` 4,500 (3) ` 7,500 (4) ` 10,500 N-00817!N-00817-PAPER-II! 4 Paper-II

4. ÁŸêŸÁ ÁπÃ apple apple ÊÒŸ apple ÊÒÁ Ê UáÊÊapple apple fl 1991 apple Ê UÃ apple UøŸÊà ÊÿÊapple Ÿ Êÿ ÊÈM Á ÿê ªÿÊ? (1) ÁŸ Ë ˇÊappleòÊ apple ÁÃS œê Êapple UŸapple apple Á (2) Êfl ÁŸ ˇÊappleòÊ Ë Èπ ÍÁ Ê SÕÊÁ Ã UŸapple apple Á (3) ÈÄÃ Ê Ê U Õ ÿflsõê Ë SÕÊ ŸÊ apple Á (4) ÁŸÿÊapple Ÿ ÊÒ U Êß apple Á ª apple mê UÊ ˇÊappleòÊËÿ ÃÈ Ÿ SÕÊÁ Ã UŸapple apple Á 5. ÍøË - I ÊÒ U ÍøË - II apple ŒÊapple Êapple È appleá Ã ËÁ fl Ë Á ÊŸ apple Í U Êapple ÃÊßÿapple ÍøË - I ÍøË - II (a) ÿác Ês ÿê fl UáÊ (i) ÊÁÕ ÊÒ U UÊ ŸËÁÃ Ê U (b) ÁC Ês ÿê fl UáÊ (ii) ÊappleÄÃÊ Êapple apple ÿêappleíÿ Êÿ Êapple ÁˇÊÃ UÃapple È ÁflÁflœ à ÊŒÊapple apple ÁÃS œê (c) ªÒ U- ÍÀÿ ÁÃS œê (iii) ÊŒÊŸ Ê ÍÁÃ ÃÊ (d) flê Á UÃ ÁÃS œê (iv) πapple - Í Œ Ò apple ÊÿÊapple ŸÊapple Ê ÊÿÊapple Ÿ UŸÊ (1) (iii) (i) (iv) (ii) (2) (ii) (iii) (iv) (i) (3) (iv) (ii) (iii) (i) (4) (iv) (i) (ii) (iii) 6. Á ÕŸ (A) : áê- ÃÊ ŸÈ ÊÃ Á Ë ŸË Ë ŒËÉÊ - ÊÁ áê ÊÊappleœŸ ˇÊ ÃÊ Êapple ß ÁªÃ UÃÊ Ò Ã (R) : ÿ Á Ë ŸË Ë ŒËÉÊ ÊÁ ŒappleÿÃÊ Êapple Ê ÈªÃÊŸ UŸapple Ë ˇÊ ÃÊ Êapple Ê ÃÊ Ò ŸËøapple ÁŒ ª Í U apple Ë ûê U øèáÿ (1) (A) ÊÒ U (R) ŒÊappleŸÊapple Ë Ò ÊÒ U (R), (A) Ê Ë Ê UáÊ Ò (2) (A) ÊÒ U (R) ŒÊappleŸÊ apple Ë Ò Á ÃÈU (R), (A) Ë Ë ÿêåÿê Ÿ Ë UÃÊ Ò (3) (A) Ë Ò Á ÃÈ (R) ª Ã Ò (4) (A) ª Ã Ò Á ÃÈ (R) Ë Ò 7. fl 2015 ÊÒ U 2016 apple Á Ë ÁûÊ Ê ÊªÃ Êapple Ê ` 20,000 ÊÒ U ` 17,000 ÕÊ ÁûÊ Ë Á Ë U È Ê ` 2,000 Ê Ê Í Ë Ê UÁˇÊÃ πêãê apple Ê U ÁŒÿÊ ªÿÊ fl 2016 apple ` 5,000 ÊªÃ Ë Ÿß ÁûÊ π UËŒË ªß ÁûÊ apple Èß Á Ë UÊÁ Ê Ê ÁŸœÊ UáÊ ËÁ (1) ` 3,000 (2) ` 7,000 (3) ` 10,000 (4) ` 15,000 8. X ÊÒ U Y apple» Ë ÅÿÊÁÃ Ê ÍÀÿ ` 30,000 Ò ÿ ËπÊÃapple apple ` 12,000 Á πë ªß Ò Z Êapple 1/4 Á S Ê apple Á flapple Ê ÁŒÿÊ ªÿÊ Ò fl ÅÿÊÁÃ apple Á Á ÃŸË UÊÁ Ê Ê ªÊ? (1) ` 3,000 (2) ` 4,500 (3) ` 7,500 (4) ` 10,500 N-00817!N-00817-PAPER-II! 5 Paper-II

9. A Ltd. issued a prospectus inviting applications for 2,000 shares. Applications were received for 3,000 shares and pro-rata allotment was made on the applications of 2,400 shares. If A has been allotted 40 shares, how many shares he must have applied for? (1) 40 (2) 44 (3) 48 (4) 52 10. Which one of the following receipts is of revenue nature? (1) Amount realised from the sale of investments (2) Dividend received on investment (3) Amount borrowed from a bank (4) Compensation received from municipal corporation for the acquisition of land for the construction of road. 11. Statement (I) : Business decision makers deal with the complex, rather chaotic, business conditions of the real world and have to find the way to their destination, i.e, achieving the goal that they set for themselves. Statement (II) : Even without application of economic logic and tools of analysis, business decisions are always rational and real and are not counter productive. (1) Both the statements are correct. (2) Both the statements are incorrect. (3) Statement (I) is correct while statement (II) is incorrect. (4) Statement (I) is incorrect while statement (II) is correct. 12. Which one of the following statements is true? (1) Pure profit is the return in excess of the opportunity cost (2) Accounting profit is the excess of total revenue over and above the explicit and implicit costs (3) Profit maximization is the sole objective of the modern firms (4) Profit is maximum when the difference between marginal revenue and marginal cost is maximum 13. Which one of the following is not the assumption on which the theory of consumer behaviour is based on the cardinal utility approach? (1) Rationality (2) Constant marginal utility from successive units (3) Constant marginal utility of money (4) Utility is measurable N-00817!N-00817-PAPER-II! 6 Paper-II

9. A Á Á appleu«u Ÿapple 2,000 ÊÊapple apple Á ÊflappleŒŸ Ê ÁòÊÃ UÃapple È Áflfl UáÊ Ê UË Á ÿê 3,000 ÊÊapple apple Á ÊflappleŒŸ Ê# È ÊÒ U 2,400 ÊÊapple apple ÊflappleŒŸÊapple U ÿõê ŸÈ ÊÃ Êfl UŸ Á ÿê ªÿÊ ÿáœ A Êapple 40 Êappleÿ U Êfl Á UÃ È ÃÊapple Ÿapple Á ÃŸapple Êappleÿ UÊapple apple Á ÊflappleŒŸ Á ÿê ÊappleªÊ? (1) 40 (2) 44 (3) 48 (4) 52 10. ÁŸêŸÁ ÁπÃ ÊÁåÃÿÊapple apple apple ÊÒŸ- Ë ÊÿªÃ Î ÁÃ Ë Ò? (1) ÁŸflapple ÊÊapple Ë Á Ë apple ÊåÃ œÿ UÊÁ Ê (2) ÁŸflapple Ê U ÊåÃ Ê Ê Ê (3) Ò apple Ë ªß œê U œÿ UÊÁ Ê (4) «apple ÁŸ Ê áê apple Á Í- Ÿ appleãè Ÿª U ÁŸª apple ÊåÃ ˇÊÁÃ ÍÁÃ 11. ÕŸ (I) : ÿfl Êÿ œë ÁŸáÊ ÿ ûêê flêsãáfl ªÃ Ë Á U Á ÃÈ SÃ- ÿsã ÿfl Êÿ Œ ÊÊ Êapple apple ÁŸ UÃapple Ò ÃÕÊ Ÿapple ª Ã ÿ apple Á UÊSÃÊ ÁŸ Ê Ãapple Ò; ÕÊ Ã ã Êapple Ÿapple Êapple ˇÿ Sflÿ apple Á ÁŸÿÃ Á ÿê Ò apple ÊåÃ UÃapple Ò ÕŸ (II) : Áfl apple áê apple ÊÁÕ Ã ÊÒ U UáÊÊappleappleappleappleapple Êapple ÊªÍ Á Á ŸÊ Ë ÿfl Êÿ œë ÁŸáÊ ÿ ŒÒfl Ë Ã ªÃ ÃÕÊ flêsãáfl ÊappleÃapple Ò ÊÒ U ÁÃ à ÊŒ Ÿ Ë ÊappleÃapple Ò (1) ŒÊappleŸÊapple ÕŸ Ë Ò (2) ŒÊappleŸÊapple ÕŸ ª Ã Ò (3) ÕŸ (I) Ë Ò Á ÕŸ (II) ª Ã Ò (4) ÕŸ (I) ª Ã Ò Á ÕŸ (II) Ë Ò 12. ÁŸêŸÁ ÁπÃ apple apple ÊÒŸ Ê ÕŸ Ë Ò? (1) ÊÈh Ê fl U ÊªÃ apple ÊÁœÄÿ àÿêÿ Ò (2) appleπê Ê S c U ÃÕÊ ããáÿ Á Ã ÊªÃÊapple apple U È Êª Ê ÊÁœÄÿ Ò (3) ÊœÈÁŸ» ÊZapple Ê - ÊòÊ gapple ÿ Ê Êapple Áœ Ã UŸÊ Ò (4) Ë ÊãÃ Êª ÊÒ U Ë ÊãÃ ÊªÃ apple Ëø Áœ Ã Ã U ÊappleŸapple U Ê Áœ Ã ÊappleÃÊ Ò 13. ÁŸêŸÁ ÁπÃ apple apple ÊÒŸ- Ë fl ÊãÿÃÊ Ÿ Ë Ò Á apple ÊappleÄÃÊ ÿfl Ê U Ê Á hêãã ªáÊŸÊà ÿêappleáªãê Êª U ÊœÊÁ UÃ Ò? (1) Áflflapple ÊË ÃÊ (2) ûê UflÃË ß ÊßÿÊapple Ë ÃÃ Ë ÊãÃ ÿêappleáªãê (3) œÿ Ë ÃÃ Ë ÊãÃ ÿêappleáªãê (4) ÿêappleáªãê Ê Ë Ê ÃË Ò N-00817!N-00817-PAPER-II! 7 Paper-II

14. Statement (I) : Point price elasticity of demand in terms of marginal and average revenues can be measured with the following formula : AR AR MR Statement (II) : The point price elasticity of demand is the product of the slope of the demand function and the ratio between corresponding price and quantity. (1) Both the statements are correct. (2) Both the statements are incorrect. (3) Statement (I) is correct while statement (II) is incorrect. (4) Statement (I) is incorrect while statement (II) is correct. 15. Which one of the following is not the basic property of indifference curves? (1) Negative slope (2) Indifference curves of two imperfect substitutes are concave to the point of origin (3) The indifference curves do not intersect nor are they tangent to one another (4) Upper indifference curves indicate a higher levels of satisfaction 16. The scale of measurement which has no order, distance and unique origin is known as which one of the following? (1) Nominal scale (2) Ordinal scale (3) Interval scale (4) Ratio scale 17. The formula to determine the number of classes given by Sturge s Rule is which one of the following? (1) K=1+3.322(log N) (2) K=(log N)1.322 (3) K = 1 + 3.322 (log N) (4) 3.322 K = (log N) + 1 Where : K = Number of classes N = Total number of observations (log N) = Logarithm of the total number of observations 18. Which one of the following is not the characteristics of normal distribution? (1) Bell - shaped and symmetric (2) Mean, Median and Mode of the distribution are equal (3) The total area under the curve for the normal probability distribution is one (4) The two tails of the distribution in both the directions touches the horizontal axis N-00817!N-00817-PAPER-II! 8 Paper-II

14. ÕŸ (I) : Ë ÊãÃ fl ÊÒ Ã Êª apple ÊéŒÊappleapple apple Á ŒÈ Ë Ã Ê ª Ë Êappleø ÁŸêŸ ÍòÊ mê UÊ Ê Ë Ê ÃË Ò ÊÒ Ã Êª ÊÒ Ã Êª Ë ÊãÃ Êª ÕŸ (II) : Ê ª» Ÿ apple Ê fl ÁœÃ Ë Ã fl ÊòÊÊ apple ŸÈ ÊÃ Ê ªÈáÊŸ» Á ŒÈ Ë Ã Ê ª Ë Ê appleˇêãê ÊappleÃË Ò (1) ŒÊappleŸÊapple ÕŸ Ë Ò (2) ŒÊappleŸÊapple ÕŸ ª Ã Ò (3) ÕŸ (I) Ë Ò Á ÕŸ (II) ª Ã Ò (4) ÕŸ (I) ª Ã Ò Á ÕŸ (II) Ë Ò 15. ÁŸêŸÁ ÁπÃ apple apple ŒÊ ËŸ fl Ê ÊÒŸ Ê ÊœÊ U ÍÃ ªÈáÊ Ÿ Ë Ò? (1) áêêà Ê (2) ŒÊapple ÍáÊ ÁÃSÕÊŸÊåÊãŸ flsãè Êapple Ê ŒÊ ËŸ fl Œ ª Á ŒÈ apple ŸÃÊappleŒ U ÊappleÃÊ Ò (3) ŒÊ ËŸ fl ŒÍ appleu Êapple Ê UÃapple Ÿ Ë Ò fl -ŒÍ appleu Êapple S Ê Ÿ Ë UÃapple Ò (4) U Ë Ã U» ŒÊ ËŸ fl ÃÈÁC Ê ìêã U SÃ U Œ ÊÊ Ãapple Ò 16. ªáÊŸÊ Ê Ò ÊŸÊ Á apple Ÿ Êapple, Ÿ ŒÍ UË Êapple ÊÒ U Ÿ ÊòÊ Œ ª Êapple ÃÊapple apple ÁŸêŸ apple Á apple mê UÊ ÊŸÊ ÊÃÊ Ò? (1) ŸÊ ÊòÊ Ò ÊŸÊ (2) Íø Ò ÊŸÊ (3) Ã UÊ Ò ÊŸÊ (4) ŸÈ ÊÃ Ò ÊŸÊ 17. S U apple apple ÁŸÿ mê UÊ flªêappleapplez Ë ÅÿÊ ÁŸœÊ Á UÃ UŸapple Ê ÁŸêŸ apple apple ÊÒŸ- Ê ÍòÊ ÊappleÃÊ Ò? (1) K=1+3.322(log N) (2) K=(log N)1.322 (3) K = 1 + 3.322 (log N) (4) 3.322 K = (log N) + 1 Á Κ = flªêapplez Ë ÅÿÊ N= appleˇêáêêapple Ë È ÅÿÊ (log N) = appleˇêáêêapple Ë È ÅÿÊ Ê ÊÚªÁ UŒ 18. ÁŸêŸ apple apple ÊÒŸ- Ë Ê Êãÿ ÁflÃ UáÊ Ë Áfl Êapple ÃÊ Ÿ Ë Ò? (1) ÉÊ UÊ Ê Ê U fl Á Ã (2) ÁflÃ UáÊ Ê Êäÿ, ÊÁäÿ Ê fl È Ë ÊŸ (3) Ê Êãÿ ÊflŸÊ ÁflÃ UáÊ apple Á fl Ê È ˇÊappleòÊ ÊappleÃÊ Ò (4) ÁflÃ UáÊ apple ŒÊappleŸÊapple UÊapple U ÁˇÊÁÃ ŒÍ UË Êapple S Ê UÃapple Ò N-00817!N-00817-PAPER-II! 9 Paper-II

19. Assertion (A) : A reasonably sized sample drawn randomly from large sized population contains almost all the characteristics which exist in the population. Reasoning (R) : The theory of sampling is based on the two important laws of statistics, viz., Law of statistical Regularity and law of inertia of large numbers. (1) Both (A) and (R) are correct and (R) is the complete explanation of (A). (2) Both (A) and (R) are correct but (R) is not the complete explanation of (A). (3) (A) is not correct while (R) is correct. (4) Both (A) and (R) are not correct. 20. Statement (I) : If the alternative hypothesis is as Ha : µ µ 0 ; a researcher requires two - tailed test in hypothesis - testing. Statement (II) : The mean of the sampling distribution of mean is not equal to the parametric value of mean. (1) Both the statements are true. (2) Both the statements are false. (3) Statement (I) is true, while statement (II) is false. (4) Statement (I) is false, while statement (II) is true. 21. Match the items of List - I with List - II ; and choose the correct code of combination : List - I List - II (a) The Fundamentals of Top Management (i) Peter F. Drucker (b) Middle Management (ii) R.C. Davis (c) The Essence of Management (iii) E.L.F. Brech (d) Principles and Practice of Management (iv) Mary Caushing Nile (1) (ii) (iv) (iii) (i) (2) (ii) (iv) (i) (iii) (3) (ii) (iii) (i) (iv) (4) (iii) (iv) (i) (ii) 22. Statement (I) : Management is not just a creature of the economy; it is a creator as well. Statement (II) : He who can manage, can manage anything. (1) Statement (I) is correct but (II) is incorrect. (2) Statement (II) is correct but (I) is incorrect. (3) Both the statements (I) and (II) are incorrect. (4) Both the statements (I) and (II) are correct. N-00817!N-00817-PAPER-II! 10 Paper-II

19. Á ÕŸ (A) : «apple Ê Ê U apple ª apple apple ÁøÃ Ê Ê U Ê ÁŸŒ Ê ŒÒÁfl M apple ÁŸ Ê Ê Ê ÃÊapple apple ª apple ÁSÕÃ Ë Áfl Êapple ÃÊ Êapple Ê Êflapple Ê ÊappleÃÊ Ò Ã (R) : ÁŸŒ Ê Ÿ Ê Á hêãã Ê ÁÅÿ Ë apple ŒÊapple àfl ÍáÊ ÁŸÿ Êapple U ÊœÊÁ UÃ Ò, Ê Ê ÁÅÿ Ëÿ ÁŸÿÁ ÃÃÊ Ê ÁŸÿ fl Î Ã ÅÿÊ Êapple Ê «ÃÊ Ê ÁŸÿ Í U : (1) (A) ÊÒ U (R) ŒÊappleŸÊapple Ë Ò ÊÒ U (R), (A) Ë ÍáÊ ÿêåÿê Ò (2) (A) ÊÒ U (R) ŒÊappleŸÊapple Ë Ò Á ÃÈU (R), (A) Ë ÍáÊ ÿêåÿê Ÿ Ë Ò (3) (A) Ë Ÿ Ë Ò Á (R) Ë Ò (4) (A) ÊÒ U (R) ŒÊappleŸÊapple Ë Ÿ Ë Ò 20. ÕŸ (I) : ª U flò ÁÀ Á U À ŸÊ Ê M Ha : µ µ 0 Êapple; ÃÊapple ÊÊappleœŸ ûêê Êapple Á U À ŸÊ UËˇÊáÊ apple Á ŒÊapple Í U apple UËˇÊáÊ Ë Êfl ÿ ÃÊ ÊappleÃË Ò ÕŸ (II) : Êäÿ apple ÁŸŒ Ê Ÿ ÁflÃ UáÊ Ê Êäÿ, Êäÿ apple ÊøÁ ÍÀÿ apple UÊ U Ÿ Ë ÊappleÃÊ Ò (1) ŒÊappleŸÊapple ÕŸ Ë Ò (2) ŒÊappleŸÊapple ÕŸ ª Ã Ò (3) ÕŸ (I) Ë Ò Á ÕŸ (II) ª Ã Ò (4) ÕŸ (I) ª Ã Ò Á ÕŸ (II) Ë Ò 21. ÍøË - I Ë ŒÊapple ÊappleU ÍøË - II Ë ŒÊapple apple È appleá Ã ËÁ ÊÒ U ÿêapple Ÿ Ê Ë Í U øèáÿ ÍøË - I ÍøË - II (a) Œ» «UÊ apple UÀ ÊÚ» UÊÚ ÒŸapple apple U (i) Ë U U». «U U (b) Á «U ÒŸapple apple U (ii) Ê U. Ë. «appleuáfl (c) Œ ß appleã ÊÚ» ÒŸapple apple U (iii) ß..». appleø (d) Á Á À «U ÒÁÄ U ÊÚ» ÒŸapple apple U (iv) Ò UË ÊÒÁ Ê ª ŸË (1) (ii) (iv) (iii) (i) (2) (ii) (iv) (i) (iii) (3) (ii) (iii) (i) (iv) (4) (iii) (iv) (i) (ii) 22. ÕŸ (I) : ãœÿ Õ ÿflsõê Ê Î Ÿ ÊòÊ Ÿ Ë Ò, ÿ Î Ÿ ÃÊ Ë Ò ÕŸ (II) : fl Êapple ãœ U ÃÊ Ò, È U ãœ U ÃÊ Ò (1) ÕŸ (I) Ë Ò Á ÃÈ (II) Ë Ÿ Ë Ò (2) ÕŸ (II) Ë Ò Á ÃÈ (I) Ë Ÿ Ë Ò (3) ÕŸ (I) ÊÒ U (II) ŒÊappleŸÊapple Ë Ÿ Ë Ò (4) ÕŸ (I) ÊÒ U (II) ŒÊappleŸÊapple Ë Ò N-00817!N-00817-PAPER-II! 11 Paper-II

23. Assertion (A) : Due to these experiments (Time, Motion and Fatigue Studies ) a factory does not remain a factory, it is converted into a laboratory. Reasoning (R) : Management succeeds or fails as human relations in business are intelligently or unintelligently handled. (1) Both (A) and (R) are correct and (R) is the right explanation of (A). (2) Both (A) and (R) are correct but (R) is not the right explanation of (A). (3) (A) is correct but (R) is not correct. (4) (R) is correct but (A) is not correct. 24. Who among the following is not associated with theories of motivation? (1) A.H. Maslow (2) Cris Argyris (3) Frederick Herzberg (4) Peter F. Drucker 25. As per the Herzberg s Hygiene Theory of motivation, which among the following is not a motivational factor? (1) Recognition (2) Working Conditions (3) Responsibility (4) Achievements 26. When Walt Disney World s Magic kingdom lets customers visit a fairy kingdom, a pirate ship, or a haunted house, then what is marketed in this example? (1) Services (2) Events (3) Experiences (4) Ideas 27. Which one of the following statements is true according to VALS framework of psychographic segmentation? (1) The consumers who are primarily motivated by ideals are guided by knowledge and principles. (2) The consumers who are motivated by achievement look for knowledge and principles. (3) The consumers who are motivated by self expression don t desire social or physical activity, variety, and risk. (4) The consumers who are motivated by achievement desire social or physical activity, variety, and risk. 28. From the following two statements of Assertion (A) and Reason (R), indicate the correct code : Assertion (A) : A transformational appeal of communication elaborates on a non-product related benefit or image. Reasoning (R) : Transformational appeals often do not attempt to stir up emotions that will motivate purchase. (1) (A) and (R) both are correct. (2) (A) is correct (R) is not correct. (3) (A) is not correct (R) is correct. (4) (A) and (R) both are incorrect. N-00817!N-00817-PAPER-II! 12 Paper-II

23. Á ÕŸ (A) : ßŸ ÿêappleªê apple ( ÿ, ªÁÃ ÊÒ U Õ ÊŸ äÿÿÿ) apple Ê UáÊ Êappleß Ê UπÊŸÊ, Ê UπÊŸÊ Ÿ Ë U ÊÃÊ Ò, ÿ ÿêappleª ÊÊ Ê apple Œ ÊÃÊ Ò Ã (R) : ÿfl Êÿ apple Á ÃŸË ÈÁh ÊŸË ÿê ÈÁh ËŸÃÊ apple ÊŸfl œêapple apple ÁŸ UÊ ÊÃÊ Ò, ãœÿ Ë U» ÿê Áfl» ÊappleÃÊ Ò (1) (A) ÊÒ U (R) ŒÊappleŸÊapple Ë Ò ÊÒ U (R), (A) Ë Ë ÿêåÿê Ò (2) (A) ÊÒ U (R) ŒÊappleŸÊ apple Ë Ò Á ÃÈU (R), (A) Ë Ë ÿêåÿê Ÿ Ë Ò (3) (A) Ë Ò Á ÃÈ (R) Ë Ÿ Ë Ò (4) (R) Ë Ò Á ÃÈ (A) Ë Ÿ Ë Ò 24. ÁŸêŸÁ ÁπÃ apple apple ÊÒŸ Á apple UáÊ apple Á hêãã apple h Ÿ Ë Ò? (1). ø. ÒS Êapple (2) Á Áª Á U (3)» apple «UÁ U ª (4) Ë U U». «U U 25. ª apple ŸÈ Ê U Á apple UáÊ apple Ê UÊappleÇÿ Á hêãã apple ŸÈ Ê U ÁŸêŸÁ ÁπÃ apple apple ÊÒŸ- Ê Á apple UáÊÊà Ê U Ÿ Ë Ò? (1) ÊãÿÃÊ (2) Ê Ë Œ ÊÊ (3) ûê UŒÊÁÿàfl (4) ÁéœÿÊ 26. flêà U Á«U ŸË flà«u ÒÁ Á ª«U ÊappleÄÃÊ Êapple Êapple UË Êapple, È appleu UÊ Ê ÿê ÍÃ ÉÊ U Êapple áê UÊÃÊ Ò ÃÊapple ß ŒÊ UáÊ apple Á Ê Áfl áêÿ ÊappleÃÊ Ò? (1) appleflê (2) ÊÿÊapple ŸÊapple (3) ŸÈ flêapple (4) ÁfløÊ UÊapple 27. ŸÊappleflÎÁûÊ U Áfl appleœë UáÊ Ë flêà (VALS) Ê øê apple ŸÈ Ê U ÁŸêŸÁ ÁπÃ apple apple ÊÒŸ- Ê ÕŸ Ë Ò? (1) ÈÅÿÃÿÊ ÁfløÊ UÊapple apple Á appleá UÃ ÊappleŸapple flê apple ÊappleÄÃÊ ôêêÿ ÊÒ U Á hêãã apple ÁŸŒapple Á ÊÃ ÊappleÃapple Ò (2) Áéœ apple Á appleá UÃ ÊappleŸapple flê apple ÊappleÄÃÊ ôêêÿ ÊÒ U Á hêãã Ë πêapple UÃapple Ò (3) Êà Á ÿáäã apple Á appleá UÃ ÊappleŸapple flê apple ÊappleÄÃÊ Ê ÊÁ ÿê ÊÊ UËÁ U Êÿ Ê, ÁflÁflœÃÊ ÿê ÊappleÁπ Ÿ Ë øê Ãapple Ò (4) Áéœ apple Á appleá UÃ ÊappleŸapple flê apple ÊappleÄÃÊ Ê ÊÁ ÿê ÊÊ UËÁ U Êÿ Ê, ÁflÁflœÃÊ ÊÒ U ÊappleÁπ øê Ãapple Ò 28. ÁŸêŸÁ ÁπÃ ŒÊapple ÕŸÊapple, Á ÕŸ (A) ÊÒ U Ã (R) apple Ë Í U ß ÁªÃ ËÁ Á ÕŸ (A) : øê U Ë M ÊãÃ UáÊËÿ Ë apple ªÒ U- à ÊŒ ÁœÃ Ê ÿê UÁfl Ë ÿêåÿê UÃË Ò Ã (R) : M ÊãÃ UáÊËÿ Ë apple ÈœÊ π UËŒ Êapple Á appleá UÃ UŸappleflÊ apple ŸÊapple ÊflÊapple Êapple ûêappleá Ã UŸapple Ê ÿê Ÿ Ë UÃË Ò (1) (A) ÊÒ U (R) ŒÊappleŸÊapple Ë Ò (2) (A) Ë ÒU (R) ª Ã Ò (3) (A) ª Ã ÒU (R) Ë Ò (4) (A) ÊÒ U (R) ŒÊappleŸÊapple ª Ã Ò N-00817!N-00817-PAPER-II! 13 Paper-II

29. Select the correct sequence for Hierarchy-of-effects model related to marketing communication : (1) Awareness Knowledge Liking Preference Conviction Purchase (2) Knowledge Awareness Liking Conviction Preference Purchase (3) Awareness Liking Knowledge Conviction Preference Purchase (4) Liking Awareness Knowledge Preference Conviction Purchase 30. Match the items of List - I with the items of List - II and denote the code of correct matching : List - I List - II (a) Basic Product (i) Set of attributes and conditions buyers normally expect (b) Expected Product (ii) Possible augmentation and transformation the product might undergo in future (c) Augmented Product (iii) Exceed customer expectations (d) Potential Product (iv) Converting core benefits into product (1) (iii) (iv) (i) (ii) (2) (i) (iii) (iv) (ii) (3) (i) (iv) (iii) (ii) (4) (iv) (i) (iii) (ii) 31. Which of the following statements is false? (1) The opportunity cost of an input is considered in capital budgeting (2) Capital budgeting decisions are reversible in nature (3) Cash flows and accounting profits are different (4) An expansion decision is a capital budgeting decision 32. Match the items of List - I with those of List - II and indicate the correct code : List - I List - II (a) ABC Analysis (i) Dividend Decision (b) Walter Model (ii) Capital Budgeting Decision (c) Capital Rationing (iii) Capital Structure Decision (d) Net Operating Income (iv) Working Capital Management Decision Approach (1) (i) (iii) (ii) (iv) (2) (ii) (i) (iii) (iv) (3) (iv) (i) (ii) (iii) (4) (iii) (i) (ii) (iv) N-00817!N-00817-PAPER-II! 14 Paper-II

29. Áfl áêÿ øê U apple ÁœÃ Êfl apple ŒÊŸÈ ÊÚ«U apple Á Ë Ê øÿÿ ËÁ (1) ÊªM ÃÊ ôêêÿ Œ fl UËÿÃÊ ŒÎ œê UáÊÊ π UËŒ (2) ôêêÿ ÊªM ÃÊ Œ ŒÎ œê UáÊÊ fl UËÿÃÊ π UËŒ (3) ÊªM ÃÊ Œ ôêêÿ ŒÎ œê UáÊÊ fl UËÿÃÊ π UËŒ (4) Œ ÊªM ÃÊ ôêêÿ fl UËÿÃÊ ŒÎ œê UáÊÊ π UËŒ 30. ÍøË - I apple ŒÊapple ÊappleU ÍøË - II apple ŒÊapple apple È appleá Ã ËÁ ÊÒ U Ë apple Ê Í U ß ÁªÃ ËÁ ÍøË - I ÍøË - II (a) Í à ÊŒU (i) ªÈáÊÊapple ÊÒ U ÊÃÊappleZ Ê Í Á Ë apple ÃÊ Ê ÊãÿÃÿÊ Ê ÊÊ UÃapple Ò (b) appleáˇêã à ÊŒ (ii) à ÊŒ apple flœ Ÿ fl M ÊãÃ UáÊ Ë Áflcÿ apple ê ÊflŸÊ Êapple (c) ÊflÁœ Ã à ÊŒ (iii) ÊappleÄÃÊ Ë appleˇêê Êapple apple Áœ Êapple ÊŸÊ (d) Ê ÿ à ÊŒ U (iv) Í Ê Êapple Êapple à ÊŒ apple Œ ŸÊ (1) (iii) (iv) (i) (ii) (2) (i) (iii) (iv) (ii) (3) (i) (iv) (iii) (ii) (4) (iv) (i) (iii) (ii) 31. ÁŸêŸÁ ÁπÃ apple apple ÊÒŸ Ê ÕŸ ª Ã Ò? (1) Í Ë UŸ apple ÊªÃ Ë fl U ÊªÃ Êapple äÿêÿ apple UπÊ ÊÃÊ Ò (2) Í Ë UŸ ÁŸáÊ ÿ Áfl ÿ ÿë Î ÁÃ apple ÊappleÃapple Ò (3) UÊapple «flê ÊÒ U appleπê Ê ª- ª Ò (4) ÁflSÃÊ U ÁŸáÊ ÿ Í Ë UŸ ÁŸáÊ ÿ Ò 32. ÍøË - I Ë ŒÊapple ÊappleU ÍøË - II Ë ŒÊapple apple ÊÕ È appleá Ã appleu ÊÒ U Ë Í U Êapple ÁøÁã Ã apple U ÍøË - I ÍøË - II (a). Ë. Ë. Áfl apple áêu (i) Ê Ê Ê ÁŸáÊ ÿ (b) flêà U U ÊÚ«U (ii) Í Ë UŸ ÁŸáÊ ÿ (c) Í Ë UÊ ÊÁŸ ª U (iii) Í Ë UÊ øê ÁŸáÊ ÿ (d) ÊÈh øê Ÿ Êÿ Êª U (iv) Êÿ ÊË Í Ë œÿ ÁŸáÊ ÿ (1) (i) (iii) (ii) (iv) (2) (ii) (i) (iii) (iv) (3) (iv) (i) (ii) (iii) (4) (iii) (i) (ii) (iv) N-00817!N-00817-PAPER-II! 15 Paper-II

33. Main objective of employing Financial Leverage is to : (1) Reduce the risk associated with profits (2) Maintain the stability in profits (3) Decrease the cost of debt capital (4) Magnify the return on equity share capital 34. Which one of the following is not a method of calculating cost of equity capital? (1) Dividend yield method (2) Dividend yield plus growth method (3) Yield to maturity method (4) Earnings yield method 35. Which one of the following equates the present value of cash out flows and the present value of expected cash inflows from a project? (1) Net Present Value (2) Internal Rate of Return (3) Pay back Period (4) Accounting Rate of Return 36. Which one of the following is not true? (1) Material resources are subject to laws of mechanics and they cannot have an output greater than the input. (2) Human resources are capable of exponential growth and development. (3) Human resources cannot yield an output that may be far greater than what the value of their input warrants. (4) In current scenario, gradually, the emphasis has shifted from muscle power to use of mind power. 37. The pluralistic approach of industrial conflict is based on which one of the following basic assumption / premise? (1) That conflict occurs when the tendency of industrial society is to treat worker as an isolated individual and deprive him of all control over his environment (2) That an enterprise contain people with coalition of different interests (3) That industrial conflict is a part of the broader social conflict between classes (4) That no consensus is possible, in case of conflicts, because people are with different socio - cultural backgrounds. 38. The Job Description Index (JDI) Technique is used for measuring which one of the following? (1) Job attitudes (2) Job descriptions/definitions (3) Job analysis records (4) Job skill requirements N-00817!N-00817-PAPER-II! 16 Paper-II

33. ÁflûÊËÿ ûêêapple apple ÿêappleappleª Ê Èπ gapple ÿ Ò (1) Ê apple ÊÕ h ÊappleÁπ Êapple UŸÊ (2) Ê apple SÕÊÁÿàfl ŸÊÿapple UπŸÊ (3) áê Í Ë Ë ÊªÃ UŸÊ (4) ÃÊ Ê Í Ë àÿêÿ apple Êflœ Ÿ UŸÊ 34. ÁŸêŸÁ ÁπÃ apple apple ÊÒŸ Ë áêê Ë ÃÊ Í Ë Ë ÊªÃ Ë ªáÊŸÊ UŸapple Ë áêê Ë Ÿ Ë Ò? (1) Ê Ê Ê Ÿ áêê Ë (2) Ê Ê Ê Ÿ apple ÊÕ flîáh áêê Ë (3) Á U ÄflÃÊ Ã Ÿ áêê Ë (4) Êÿ Ÿ áêê Ë 35. ÁŸêŸÁ ÁπÃ apple apple ÊÒŸ Ê Á UÿÊapple ŸÊ apple UÊapple «U Á flê Êapple apple flã ÊŸ ÍÀÿ ÊÒ U ŸÈ ÊÁŸÃ ÈŒ Ê ããflê Êapple apple flã ÊŸ ÍÀÿ Êapple Ë Î Ã UÃÊ Ò? (1) ÊÈh flã ÊŸ ÍÀÿ (2) ÊãÃÁ U àÿêÿ Œ U (3) àÿêflã Ÿ fláœ (4) appleπê Ÿ àÿêÿ Œ U 36. ÁŸêŸÁ ÁπÃ apple apple ÊÒŸ Ê àÿ Ÿ Ë Ò? (1) ÊÒÁÃ ÊœŸ ÿê ÁòÊ Ë apple ÁŸÿ Êapple apple äÿœëÿ Ò ÊÒ U Ÿ Ê ÁŸª Ã Ÿ apple ÊªÃ apple Áœ Ÿ Ë Êapple ÃÊ Ò (2) ÊŸfl ÊœŸ ÉÊÊÃÊ Ëÿ flîáh ÊÒ U Áfl Ê apple ˇÊ Ò (3) ÊŸfl ÊœŸ ÃŸÊ ÁŸª Ã à ÛÊ Ÿ Ë U Ãapple Ò Êapple Ÿ apple ÊªÃ apple ÁÕ Ã ÍÀÿ apple Ë Ë Áœ Êapple (4) flã ÊŸ Á UŒÎ ÿ apple, œë appleu-œë apple ÊÊ UËÁ U apple ÿêappleª apple Áœ äÿêÿ ÊŸÁ apple ÿêappleª U ÁŒÿÊ ÊŸapple ªÊ Ò 37. ÊÒlÊappleÁª ÉÊ Ê È flêœë Êª ÁŸêŸÁ ÁπÃ apple apple Á ÊÒÁ ÊãÿÃÊ/ ÊœÊ UflÊÄÿ U ÊœÊÁ UÃ Ò? (1) ÊÒlÊappleÁª Ê Ë Ê ªÊ U apple ÎÕ ÿáq apple M apple ÿfl Ê U UŸapple ÃÕÊ apple Ÿapple flêãêfl UáÊ U Ë ÁŸÿ òêáê apple fl ÁøÃ UŸapple Ë flîáûê apple ÉÊ à ÛÊ ÊappleÃÊ Ò (2) Á Ë l apple ÁflÁ ÛÊ Á ÃÊapple apple ª U œÿ apple Êappleª ÊappleÃapple Ò (3) ÊÒlÊappleÁª ÉÊ flªêzapple apple Ëø ÿê Ê ÊÁ ÉÊ Ê Á S Ê Ò (4) ÉÊ Ë ÁSÕÁÃ apple Êappleß fl ê ÁÃ fl Ÿ Ë Ò ÄÿÊ appleá Êappleª Á ÛÊ-Á ÛÊ Ê ÊÁ, Ê S Î ÁÃ ÎD ÍÁ apple ÊappleÃapple Ò 38. UÊapple ªÊ U Áflfl UáÊ Íø Ê ( apple.«uë. Êß ) Ã ŸË Ê ÿêappleª ÁŸêŸÁ ÁπÃ apple apple Á apple Ê apple Á Á ÿê ÊÃÊ Ò? (1) UÊapple ªÊ U Á flîáûê (2) UÊapple ªÊ U Áflfl UáÊ/ Á U Ê Ê (3) UÊapple ªÊ U Áfl apple áê Á U Ê«U ( Á appleπ) (4) UÊapple ªÊ U ÊÒ Ê Êfl ÿ ÃÊ N-00817!N-00817-PAPER-II! 17 Paper-II

39. From the following two statements of Assertion (A) and Reasoning (R) indicate the correct code : Assertion (A) : Development in HRM is a short-term educational process with temporary intervention. Reasoning (R) : It is a educational process utilizing a systematic and organized procedure for development of operative employees performance in current jobs. (1) (A) is correct and (R) is correct explanation of (A). (2) (A) is correct, but (R) is not correct explanation of (A). (3) (A) is not correct, but (R) is correct. (4) (A) and (R) both are not correct. 40. Match items of List - I with List - II relating to methods of performance appraisal and indicate the correct code of matching. List - I List - II (a) Paired comparison method (i) Reviewing employee records and holding interview on definite test questions. (b) Forced choice description method (ii) Set of pair phrases or descriptive statements (c) Critical Incidents method (iii) Differentiating between effective and non - effective performance on basis of achievements (d) Field review method (iv) Relative ranking method (1) (iv) (ii) (iii) (i) (2) (ii) (iii) (iv) (i) (3) (iii) (i) (iv) (ii) (4) (ii) (iv) (i) (iii) 41. Match the following items of List - I with the items of List - II and indicate the code of correct matching : List - I List - II (Name of organisation) (Year of establishment) (a) IDBI (i) 1956 (b) ICICI (ii) 1955 (c) LIC of India (iii) 1990 (d) SIDBI (iv) 1964 (1) (iii) (i) (ii) (iv) (2) (iii) (i) (iv) (ii) (3) (iv) (ii) (i) (iii) (4) (i) (ii) (iii) (iv) N-00817!N-00817-PAPER-II! 18 Paper-II

39. ÁŸêŸÁ ÁπÃ Á ÕŸ (A) ÊÒ U Ã (R) apple ŒÊapple ÕŸÊapple apple Ë Í U ÍÁøÃ ËÁ Á ÕŸ (A) : ÊŸfl ÊœŸ ãœÿ apple Áfl Ê SÕÊÿË SÃˇÊapple apple ÊÕ À ÊÁ ÊÒˇÊÁáÊ Á ÿê Ò Ã (R) : ÿ flã ÊŸ ŸÊÒ UË apple Êÿ UÃ øêá UÿÊapple apple Êÿ ÁŸc ÊŒŸ apple Áfl Ê apple Á ÿflásõã ÃÕÊ ªÁ UÃ Á ÿê Ê ÿêappleª UÃapple È ÊÒˇÊÁáÊ Á ÿê Ò (1) (A) Ë Ò ÊÒ UU (R), (A) Ë Ë ÿêåÿê Ò (2) (A) Ë Ò Á ÃÈ (R), (A) Ë Ë ÿêåÿê Ÿ Ë Ò (3) (A) Ë Ÿ Ë Ò, Á ÃÈ (R) Ë Ò (4) (A) ÊÒ U (R) ŒÊappleŸÊapple Ë Ÿ Ë Ò 40. Êÿ ÁŸc ÊŒŸ ÍÀÿÊ Ÿ háãÿêapple apple ÁœÃ ÍøË - I Êapple ÍøË - II apple ŒÊapple apple È appleá Ã ËÁ ÊÒ U apple apple Ë Í U Êapple ß ÁªÃ ËÁ ÍøË - I ÍøË - II (a) ÿèáç Ã ÃÈ ŸÊ háãu (i) øê UË apple Á appleπêapple Ë ËˇÊÊ UŸÊ ÃÕÊ ÁŸÁ øã UËˇÊáÊ ŸÊapple apple ÊœÊ U U ÊˇÊÊà Ê U UŸÊ (b) ÊÃ øÿÿ Áflfl UáÊ háã (ii) ÿèç flêäÿê ÊÊapple Ê Í ÿê Áflfl UáÊÊà ÕŸ (c) àfl ÍáÊ ÉÊ UŸÊ háã (iii) ÁéœÿÊapple apple ÊœÊ U U ÊflË ÊÒ U ÁŸc ÊflË Êÿ ÁŸc ÊŒŸ apple Ëø Áfl appleœ UŸÊ (d) ˇÊappleòÊ ËˇÊÊ háã U (iv) Ê appleáˇê Ò U - ÁŸœÊ UáÊ háã (1) (iv) (ii) (iii) (i) (2) (ii) (iii) (iv) (i) (3) (iii) (i) (iv) (ii) (4) (ii) (iv) (i) (iii) 41. ÍøË - I Ë ŒÊapple Êapple ÍøË - II apple ŒÊapple apple ÊÕ È appleá Ã apple U ÊÒ U Ë Í U Êapple ÁøÁã Ã ËÁ ÍøË - I ÍøË - II ( ª UŸ Ê ŸÊ ) (SÕÊ ŸÊ Ê fl ) (a) Êß.«UË. Ë. Êß (i) 1956 (b) Êß. Ë. Êß. Ë. Êß (ii) 1955 (c). Êß. Ë ÊÚ» ß Á«UÿÊ (iii) 1990 (d). Êß.«UË. Ë. Êß (iv) 1964 (1) (iii) (i) (ii) (iv) (2) (iii) (i) (iv) (ii) (3) (iv) (ii) (i) (iii) (4) (i) (ii) (iii) (iv) N-00817!N-00817-PAPER-II! 19 Paper-II

42. Statement (I) : Capital adequacy norms help banks in strengthening their capital base. Statement (II) : Capital adequacy norms help banks in sanctioning more loans. (1) Both the Statements (I) and (II) are correct. (2) Both the Statements (I) and (II) are incorrect. (3) Statement (I) is correct but (II) is incorrect. (4) Statement (I) is incorrect but (II) is correct. 43. What is Hawala? (1) Tax evasion (2) Illegal trading in stock exchanges (3) Bank robbery (4) Illegal transactions of foreign exchange 44. Read the following events : (i) Capital adequacy norms for commercial banks (ii) Establishment of IDBI (iii) Allowing convertibility of rupee at the market rate in the current account. (iv) Nationalisation of general insurance business Arrange the events in the ascending order of their occurrance : (1) (i), (ii), (iii), (iv) (2) (iv), (iii), (ii), (i) (3) (iv), (ii), (i), (iii) (4) (i), (ii), (iv), (iii) 45. Assertion (A) : The future will see mostly the electronic money clearance through satellite networking. Reasoning (R) : RBI is encouraging e-banking. (1) (A) is true but (R) is false. (2) (A) is false but (R) is true. (3) Both (A) and (R) are true and (R) is the correct explanation of (A). (4) Both (A) and (R) are true but (R) does not support (A). 46. Statement (I) : Developing countries can borrow more than their quota under Extended Fund Facility (EFF) of IMF. Statement (II) : The Extended Fund Facility (EFF) was created in 1984 to help the developing countries over longer period upto 3 years. (1) Statement (I) is correct but (II) is not correct. (2) Statement (II) is correct but (I) is not correct. (3) Both the statements (I) and (II) are correct. (4) Both the statements (I) and (II) are not correct. N-00817!N-00817-PAPER-II! 20 Paper-II

42. ÕŸ (I) : Í Ë ÿê åããê ÁÃ ÊŸ Ò Êapple Êapple Ÿ Ë ÊœÊ U Í Ë Êapple ÍÃ UŸapple apple ŒŒ UÃapple Ò ÕŸ (II) : Í Ë ÿê åããê ÁÃ ÊŸ Ò Êapple Êapple Áœ áê SflË Î Ã UŸapple apple ŒŒ UÃapple Ò (1) ÕŸ (I) ÊÒ U ÕŸ (II) ŒÊappleŸÊ apple Ë Ò (2) ÕŸ (I) ÊÒ U ÕŸ (II) ŒÊappleŸÊapple ª Ã Ò (3) ÕŸ (I) Ë Ò appleá Ÿ ÕŸ (II) ª Ã Ò (4) ÕŸ (I) ª Ã Ò appleá ŸU ÕŸ (II) Ë Ò 43. flê Ê ÄÿÊ Ò? (1) U fl øÿ (2) S UÊÚ Ä øappleapple Êapple apple flòœ ÿê Ê U (3) Ò «U Ò ÃË (4) ÁflŒapple ÊË ÈŒ Ê Ê flòœ appleÿ-œappleÿ 44. ÁŸêŸÁ ÁπÃ ÉÊ UŸÊ Êapple Êapple apple (i) ÿêfl ÊÁÿ Ò Êapple apple Á Í Ë ÿê åããê ÁÃ ÊŸ (ii) Êß «UË Ë Êß Ë SÕÊ ŸÊ (iii) øê Í πêãapple apple Ê Ê U ÍÀÿ U L ÿapple Ë ÁflÁŸ appleÿãê Ë ŸÈ ÁÃ (iv) Ÿ U ß ÿêapple appleu ÿê Ê U Ê UÊc UËÿ UáÊ ÉÊ UŸÊ Êapple Êapple Ÿ apple ÉÊÁ UÃ ÊappleŸapple apple Ê UÊapple Ë apple ÿflásõã ËÁ (1) (i), (ii), (iii), (iv) (2) (iv), (iii), (ii), (i) (3) (iv), (ii), (i), (iii) (4) (i), (ii), (iv), (iii) 45. Á ÕŸ (A) : apple appleu Êß U Ÿapple UflÁ Z ª apple mê UÊ Áflcÿ apple Áœ Ê ÊÃ ß appleä UÊÚÁŸ œÿ ÁŸ Ê Ë ÊappleªË Ã (R) : Ê U. Ë. Êß., ß - Ò Á ª Êapple Êappleà ÊÁ Ã UÃÊ Ò Í U : (1) (A) Ë Ò appleá Ÿ (R) ª Ã Ò (2) (A) ª Ã Ò appleá Ÿ (R) Ë Ò (3) (A) ÊÒ U (R) ŒÊappleŸÊapple Ë Ò ÊÒ U (R), (A) Ë Ë ÿêåÿê Ò (4) (A) ÊÒ U (R) ŒÊappleŸÊapple Ë Ò appleá Ÿ (R), (A) Ê Õ Ÿ Ÿ Ë UÃÊ 46. ÕŸ (I) : Êß..» apple ÁflSÃÊÁ UÃ Êapple ÈÁflœÊ apple ããª Ã Áfl Ê ÊË Œapple Ê Ÿapple Êapple appleu apple Áœ œê U apple Ãapple Ò ÕŸ (II) : ÁflSÃÊÁ UÃ Êapple ÈÁflœÊ, 1984 apple Áfl Ê ÊË Œapple ÊÊapple Ë ÃËŸ fl Ã Ë ŒËÉÊÊ fláœ Ã ÊÿÃÊ apple Á ÁŸÁ Ã Ë ªß ÕË (1) ÕŸ (I) Ë Ò appleá Ÿ (II) Ë Ÿ Ë Ò (2) ÕŸ (II) Ë Ò appleá Ÿ (I) Ë Ÿ Ë Ò (3) ÕŸ (I) ÊÒ U ÕŸ (II) ŒÊappleŸÊapple Ë Ò (4) ÕŸ (I) ÊÒ U ÕŸ (II) ŒÊappleŸÊapple Ë Ÿ Ë Ò N-00817!N-00817-PAPER-II! 21 Paper-II

47. Match the items of List - I with those of List - II; and choose the correct code of combination : List - I List - II (a) Poverty Reduction (i) 1997 and Growth Facility(PRGF) (b) Supplemental Reserve Facility (SRF) (ii) 1974 (c) Extended Fund Facility(EFF) (iii) 1999 (a) (b) (c) (1) (iii) (i) (ii) (2) (iii) (ii) (i) (3) (ii) (i) (iii) (4) (i) (iii) (ii) 48. Who among the following has given Absolute Advantage Model of international trade? (1) Adam Smith (2) David Recardo (3) Hackscher Ohlin (4) William Petty 49. Which among the following is not an international economic institution? (1) IMF (2) IBRD (3) ADB (4) IFRS 50. Assertion (A) : The fall in aggregate expenditure or aggregate demand in the economy works to reduce imports and help in solving the balance of payment problems. Reasoning (R) : The important way to reduce imports and thereby reduce deficit in balance of payments is to adopt monetary and fiscal policies that aims at reducing aggregate expenditure in the economy. (1) (A) and (R) both are correct and (R) supports (A). (2) (A) and (R) both are correct but (R) does not support (A). (3) (A) is correct but (R) is incorrect. (4) (R) is correct but (A) is incorrect. - o 0 o - N-00817!N-00817-PAPER-II! 22 Paper-II

47. ÍøË - I Ë ŒÊapple Êapple ÍøË - II apple ŒÊapple apple ÊÕ È appleá Ã apple U ÊÒ U ÿêapple Ÿ apple Ë Í U Êapple øèÿapple ÍøË - I ÍøË - II (a) ª UË Ë apple Ë ÊÒ U flîáf ÈÁflœÊ ( Ë Ê U Ë» ) (i) 1997 (b) ŸÈ Í U Ê UÁˇÊÃ ÈÁflœÊ ( Ê U» ) (ii) 1974 (c) ÁflSÃÊÁ UÃ Êapple ÈÁflœÊ (ß»» ) (iii) 1999 (a) (b) (c) (1) (iii) (i) (ii) (2) (iii) (ii) (i) (3) (ii) (i) (iii) (4) (i) (iii) (ii) 48. ÁŸêŸÁ ÁπÃ apple apple Á Ÿapple ãã U UÊc UËÿ ÿê Ê U Ê ÁŸ U appleˇê Ê ÊM ÁŒÿÊ? (1) «U ÁS Õ (2) «appleuáfl«u Á U Ê«UÊapple (3) Òø U Êapple Á Ÿ (4) ÁflÁ ÿ apple UË 49. ÁŸêŸÁ ÁπÃ apple apple ÊÒŸ Ê ãã U UÊc Ëÿ ÊÁÕ SÕÊŸ Ÿ Ë Ò? (1) Êß» (2) Êß Ë Ê «UË (3) «UË Ë (4) Êß» Ê U 50. ÕŸ (A) : Õ ÿflsõê apple SÃ ÿÿ ÕflÊ SÃ Ê ª apple Áª UÊfl U ÊÿÊÃ Êapple UŸapple Ê Ê UÃË Ò ÊÒ U ÈªÃÊŸ ÃÈ Ÿ Ë SÿÊ Êapple apple ÊœÊŸ apple ŒŒ UÃË Ò Ã (R) : Í U : ÊÿÊÃ UŸapple Ê àfl ÍáÊ Êª ÊÒ U apple mê UÊ ÈªÃÊŸ ÃÈ Ÿ apple ÉÊÊ UÊ, ÊÁÕ ÊÒ U UÊ Êapple Ëÿ ŸËÁÃÿÊapple Êapple ª áê UÃÊ Ò Á Ê ˇÿ Õ ÿflsõê apple SÃ ÿÿ UŸÊ Ò (1) (A) ÊÒ U (R) ŒÊappleŸÊapple Ë Ò ÊÒ (R), (A) Ê Õ Ÿ UÃÊ Ò (2) (A) ÊÒ U (R) ŒÊappleŸÊapple Ë Ò appleá Ÿ (R), (A) Ê Õ Ÿ Ÿ Ë UÃÊ (3) (A) Ë Ò appleá Ÿ (R) ª Ã Ò (4) (R) Ë Ò appleá Ÿ (A) ª Ã Ò - o 0 o - N-00817!N-00817-PAPER-II! 23 Paper-II

Space For Rough Work N-00817!N-00817-PAPER-II! 24 Paper-II