Management Msbte Imp MCQ 22509

Management MCQ’s
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1. Business firm Produce and supply wide varieties of goods and _ required by the
society.
A) Money
B) Services
C) Entities
D) Social Service
2. The year 1991 is famous for.
A) New Fiscal deficit policy

B) IT parks initiated in Bangalore
C) Globalization policy, liberalization was accepted by India
D) Policies of cooperative societies changed
3. The primary sector includes all of the following except.
A) Forestry
B) Manufacturing
C) Mining
D) Agriculture
4. product comes under petrochemical industry.
A) Vehicles
B) Plastic
C) Wood
D) Paper
5. Management causes.
A) Miss-communication
B) Wastage of resources
C) Miss-coordination
D) None of the above
6. Skill is needed at the top level management.

A) Technical
B) Conceptual and technical
C) Conceptual
D) Conceptual, Technical and human
7. is recruitment of right people at right place in an organization.
A) Planning
B) Organizing
C) Staffing
D) Controlling
8. Policy making in an industry is a role of
A) Management
B) Administration
C) Public
D) Workers
9. Scientific management works on
A) Research and experimentation

B) Trial and error
C) More attention on production only
D) Tradition management theory
10. What is Espirit De Corps ?
A) It is a function of management
B) It is a principle of management
C) It is management concept in Russia
D) It is a name of company
11. The process of monitoring, comparing and correcting is called
A) Coordinating
B) Controlling
C) Leading
D) Organizing
12. A joint venture can be defined as
A) Two firms collaborate with each other on a specific project

B) One firm licenses its intellectual property to another firm
C) Two firm merge together
D) Two firm come together to form a third, legally seperate firm
13. Grouping the activities or operations of an enterprise into various units is referred as
A) Centralization
B) Departmentation
C) Delegation
D) Communication
14. can be defined as running business by a single owner
A) Proprietorship
Partnership
Private limited
D) Public limited
15. Which are factors in which span of control depends ?
A) Trained and experienced subordinates

B) Type of work
C) Capacity of executive or manager
D) All of the above
16. Unlimited liability is present in
A) Proprietorship
B) Partnership
C) Both a & b
17. “Achievement due to one will be shared by all others”, this happens in
A) General partnership
B) Limited partnership
C) Both a and b
18. Factories act come into force from
A)
1948
B)
1949
C) 1976
D) 1st April 1949
19. VAT and sales tax falls under

A) Indirect tax
B) Service tax
C) Direct tax
D) All of the above
20. The necessity of industrial act is to protect the interests of :
A) Workers
B) Employers
C) A and B
21. Safety management deals with

A) loss of life
B) Personal injury
C) Damage to the equipment
D) Prevention of an accident
22. Collapse of crane is a cause of accident, under which type of accident it come ?
A) Mechanical cause of accident

B) Natural cause of accident
C) Human error
D) All of the above
23. Capital required by a company to purchase building for starting the company is called as
A) Working capital
B) Fixed capital
C) Loan
D) Dept
24. Variance report is the difference between outcome of the company
A) Material cost and labor cost

B) Planned budget and actual budget
C) Cash budget and fixed budget
D) Purchased budget and overhead budget
25. Which is input to MRP

A) Current forecasting
B) Bill of material
C) On hand inventory
D) All of the above
26. Value added tax (VAT) is a tax on ?
A) An employee earning
B) The organization profits
C) The investment earnings
D) Good and services
27. Internal source/s of finance is/are:
A) Deferred taxation
B) Shares
C) Debentures
D) All of the above
28. According to which Act, a business is required to prepare a balance sheet?
A) Companies Act
B) Factory Act
C)Environmental Act
29. Which is part of material management
A) Inventory Management
B) Marketing Management
C) Both A & B
D) None
30. Which is not the feature of ERP
A) Integrated system
B) Common Data-Base
C) Departmental access
D) Different look for each module
31. Which of the following is the name given to a bill of lading where goods have been received
by a carrier free of defects ?
A) Shipped bill of lading

B) Claused bill of lading
C) Ordinary bill of lading
D) Clean bill of lading
32. In EOQ, cost=unit price x annual consumption volume
A) Consumption
B) Protection
C) Investment
D) None of these
33. Which of the followings are the aims of material management ?
A) Continuity of supply
B) Low payroll cost
C) Higher inventory turn over
D) All of the above
34. A type of Item has …… importance due to consumption

A) 10-20%
B) 15-25%
C) 40-50%
D) 70-80%
35.
A) Direct labor budget
B) Material budget
C) Purchase budget
36. The activity of “Control” in Six sigma refers to :
A) Develop alternatives
B) Determines various controls needed and validate them
C) Prepare control chart
37. Which of the following is the constituent of total quality management ?
A) Orderliness and punctuality

B) Quality of inventory
C) TPM
38. In PDCA, act consist of which of the following ?
A) Ensure continuous improvements

B) Analyze result
C) Plan policies
D) Train employees
39. To achieve quality (i.e defects free product and services), we require
A) Close cooperation between management and staff

B) Commitment
C) An environment in which quality can flourish
D) All of the above
40. Bench marking determines
A) Customer requirement
B) Process capability
C) Standards
D) Getting ISO 9000 audit done
41. Top agro industry in India is
A) FabIndia
B) Pidilite
C) Dupont India
42. Trading business means
A) Buying a Raw material

B) Selling a finished goods
C) Buying goods and selling them without any processing
D) All
43. Following is not associated with insurance
A) Bajaj Allianz
B) Max Life
C) LIC
D) ICC
44. Father of scientific management is
A) Fedrick W. Tailor
B) Arthur Dunkel
C) Henry Fayol
D) Robert owen
45. Deciding in advance what to do, how to do and when to do is……..
A) Decision-making
B) Organizing
C) Planning
D) Motivating
46. Which statement is wrong
A) Authority can not be delegated
B) Authority is the power to act

C) Hidher the post, higher is the authority
D) Authority is right to command
47. Which is the appropriate reason of failure of good plan ?
A) Insufficient data
B) Lack of knowledge
C) Over confidence
D) All of the above
48. is The process of operations, verify conformity with the predetermined plan and
takes corrective action
A) Coordinating
B) Forecasting
C) Organizing
D) Controlling
49. Which statement regarding Joint stock company is incorrect ?
A) Joint stock companies have no separate legal status than their members
B) Members of joint stock companies have limited liability
C) Joint stock companies can undertake several activities like expansion, modernization ,
diversificatn, etc. D) None of the above
50. Which one of following is not included in the ‘contents of partnership deed’.
A) Name of partnership firm

B) Duration of partnership
C) Permanent address of partnership business
D) Face value of share
51. In automobile industry, departments can be on the basis of

A) Territorial
B) Product
C) Customer
D) Process
52. Minimum wages needed to be paid in:

A) Cash
B) Demand draft
B) Cheque
C) None of the above
53. In accident prevention, Safe workplace layout does not include:
A) Obstruction fees passageways

B) Antiskid floors
C) Separate storage of inflammable materials
D) Enough height of workrooms
54. Safety management deals with
A) Loss of life
B) Personal injury
C) Damage to the equipment
D) Prevention of an accident
55. Safety promotes
A) Sales
B) Productivity
C) Profit
D) Research
56. Fixed capital is also called as
A) Tight capital
B) Blocked capital
C) Working capital
D) Current capital
57. The firm type of Bajaj Auto ltd is ?
A) Proprietorship
B) Partnership
C) Joint stock company
D) Public sector
58. is method of buying goods by making installment payments over the period of
time.
A) Bank loan
B) Hire purchase
C) Sale and lease back
D) All of the above
59. Debentures are included in source of finance

A) Long term
B) Short term
C) Medium term
D) None
60. are the term used to indicate purchases made during the year for the purpose of
sale, When goods purchased are returned is referred as purchase return.
A) Opening stock
B) Purchases
C) Sales
D) Office administrative expenses
61. I want the products of my company to achieve perfect quality, which tool will I apply to
check this
A) Six sigma
B) ABC analysis
C) MRP
D) EOQ
62. Which is a part of Material management
A) Inventory management
B) Marketing management
C) Both A & B
D) None
63. Which of the following are the aims of Material management ?
A) Continuity of supply
B) Low payroll cost
C) Higher inventory turn over
D) All of the above
64. Following are the kinds of partners
A) Active partner and sleeping partner

B) Owner and distributor
C) Global partner and media partner
D) Permanent partner and temporary partner
65. What is the full form of ISO ?
A) Indian organization for standardization

B) International organization for standardization
C) International standardization Organization
66. In Quality management, PDCA means

A) Plan,Do,Check,Act
B) Process,Do,Committee,Act
C) Plan,Do,Committee,Approach
67. The participation of all members in an organizing, aiming at long term success through
customer satisfaction for the benefits to all members and to the society is known as
A) Quality control
B) Quality assurance
C) Total quality management
D) Quality team
68. All the person working in the organization ( including managers & workers ) Should be
involved in operation
A) MRP
B) TQM
C) Globalization
D) EOQ
69. Following are the principles of : 1) System approach to management 2) continual

improvement 3) Factual approach to decision making 4) Mutually beneficial supplier
relationships
A) Delegations
B) Organizations
C) ISO:9001
D) EOQ
70. Remuneration is based on
A) Performance
B) Responsibility
C) Emotion
D) Designation
71. The unity of authority and plan of action is about

A) Unity of direction
B) Authority
C) Discipline
D) Unity of commands
72. stands for granting of authority to subordinates to accomplish or perform a

particular assignment while operating within pre-decided limits and standards established
A) Delegation of authority
B) Responsibility
C) Effective Delegation
D) Accountability
73. Following business is not coming under sole proprietorship ?
A) Service centre
B) Press shop
C) Hardware unit
D) Insurance company
74. can be defined as goods or cash used (invested) to generate income from business
or property (that can give income)
A) Capital
B) Finance
C) Budget
D) VAT
75. Which one of the following is not a module of ERP
A) Manufacturing
B) HR
C) Quality Control
D) Supply Chain Management
76. If the company has a goal to accept only .0003% defect, which is the most important modern
technique it should adopt
A) ERP
B) SAP
C) BAAN
D) Sigma
77. Which one of the following is not a part of process industry ?
A) Base metals
B) Plastics
C) Automobiles
D) Petroleum
78. What is not the advantage of globalization
A) Competition Foreign Investment

B) Loss of culture
79. Plans, policies and procedures are the function of ------
A) Top level management

B) Middle level management
C) Bottom level management
D) Middle and bottom level management
80. is an activity which defined the steps of how and when work will be done effectively
A) Directing
B) Planning
C) Organizing
D) Controlling
81. Which theory was put forward by F.W Taylor ?
A) Management by objectives
B) Industrial management
C) Functional management
D) Scientific management
82. Which of the following post comes under middle level management ?
A) Director
B) Branch Manager
C) Foreman
D) Supervisor
83. Policy making in an industry is a role of

A) Management
B) Administration
C) Public
D) Workers
84. Management is not directly visible instead; its presence is observed in the form of results
such as higher productivity, higher efficiency, disciplined work force,etc . Hence management
is
A) Tangible
B) Intangible
C) Concrete
85. can be defined as running business by the single owner

A) Proprietorship
B) Partnership
C) Private limited
D) Public limited
86. Motivation based on force is called as
A) Negative motivation
B) Positive motivation
C) Extrinsic motivation
D) Intrinsic motivation
87. Workman’s compensation act for workers come in to existence in year

A)1924
B)1992
C)1986
D) 1976
88. Oily or greasy floors is the factor which contributes to accident due to
A) Workers
B) Management
C) Faulty layout or design of working place
D) Natural disasters
89. Who is incorrect person in the definition of Dependent?
A) Wife
B) Minor son
C) Widowed mother
D) Friend
90. Safety provision/s for workers under Factory act 1948 is/are
A) First-aid appliance
B) Overcrowding
C) Improper ventilation and temperature
91. Minimum rates of wages may be fixed by
A) By the hours
B) By the day
C) By the month
D) All of the above
92. Financial planning deals with
A) Preparations of financial statement

B) Planning for Capital Issues
C) Preparing budgets
D) All of the above
93. is prepared to co-ordinate between various budget
A) Master budget
B) Sales budget
C) Production budget
D) Material budget
94. Custom Duty is charged on

A) Vessels
B) Currency
C) Movable property
D) All
95. The capital invested in assets which cannot be easily converted into money
is called: A) Fixed capital
B) Rquity capital
C) Working capital
96. VAT started in Maharashtra from

A)2003
B)2004
C) 2005
D) 2006
97. “A’Class items are _ % of the total number of items”
A) 15-25%
B) 10-20%
C) 65-75%
D) None of these
98. Economic order quantity provides the number of units to order.
A) Minimum
B) Maximum
C) Optimum
99. department floats enquiries and processes quotations

A) Sales budget
B) Purchase
C) Production
D) Inventory
100. The parts per million defects are accepted in 6 sigma is
A) 1.4
B) 2.4
C) 3.4
D) 4.4
101. Arrange the activities of ABC analysis in the sequential form i)Make the list of all item as
per there value ii)Find out the percentage of high, medium , and low valued items . iii)Separate
and count the number of costly, medium valued and low valued items iv)Find out and list all
items used in the industry.
A) iv,ii,i,iii
B) Iv.i.iii.ii
C) ii,i,iv,iii
D) iv,iii,ii,I
102. Which statement about kaizen is wrong?
A) It needs heavy investment

B) It gives commitment to quality
C) It is a Japanese technique
D) It is a continuous improvement
103.
A) Six sigma, Quality control tool, Quality assurance tool

B) 5S. Kaizen, Quality assurance tool
C) Six sigma,5S, Kaizen
D) TQM tools
104. The ISO 9000:2000 standards consist of three documents of which ISO 9001 pertains to:
A) Fundamentals
B) Requirements
C) Vocabulary
D) Guidance for performance improvements
105. Service
industry provides
A)Tangible Goods.
B) Intangible Goods.
C) Manufactured Goods.
D) Imported Goods.
106. Which of the following is negative effect of the globalization?
A) Monopoly in
business
B) Increased Job
opportunities
C) Technology
Transfer
D) Improved economy
107. Match pairs:

1) Adam Smith (i) Need Hierarchy
2) F.W Taylor (ii)Economics
3) Maslow (iii)Principle of Management
4)Henry Fayol (iv)Scientific Management
A) 1-(ii),2-(iv),3-(i),4-(iii)
B) 1-(ii),2-(iii),3-(iv),4-(i)
C) 1-(iii),2-(iv),3-(i),4-(ii)
D) 1-(iv),2-(i),3-(ii),4-(iii)
108. The function of administration is………

A) Decision making
B) Policy making
C) Controlling & ensure discipline
D) All of above
109. Top level is know as because all important decision related to whole
organization is taken by top management.
A) Strategical level
B) Tactical level
C) Operational level
D) All of above
110. One disadvantage of forming a partnership is?
A) T he number of partner is limited

B) Specialist skill may be introduced
C) More financial capita is usually is available
D) Any Financial must be shared
111. Co-operative play an important role in:
A) Aerospace
B) Agriculture
C) Manufacturing
D) All of the above
112. Mr. Ram , Mr. Shyam & Mr. Kiran has started a business of automobile in 2003 , in that
business Mr. Ram ,Mr. Shyam & Mr. Kiran have invested Rs 500000/- Lakhs individually. But
Mr. Ram & Mr. Shyam gives full attention towards the business and Mr. Kiran does not gives
the attention toward business.so in type of business who is sleeping partner.
A) Mr. Ram
B) Mr. Shyam
C) Mr. Kiran
D) All of the above
113. Identify the alternative which can correctly replace blank space in following statement.
Statement: According to Factories acct no adult worker should be required or allowed to work
in a factory to more than------
A) 12 hour in a day
B) 36 hour per week
C) 48 hour per week
D) 10 hour per in a day
114. Which is the health provision.
A) Fencing of machinery
B) Cleanliness
C) Washing faculties
115. Mr. Praful Kulkarni is working in Birla Pvt. Ltd in the capacity of foreman. Company
provided him certain protecting devices under ACT.
A) Factory Act
B) Minimum Wages Act
C) Comensation Act
D) Safety Provision Act
116. Capital required by a company to purchase building for staring the company is called as.
A) Working Capital
B) Fixed captital
C) Laon
D) Debt
117. is concerned with procurement, allocation and control of financial resources of a

firm.
A) Financial Management
B) Material Management
C) Personnel Management
D) Operation Management
118. A man working in an industry has annual income of 2,50,000 Rs. From all sources, total
investment like PF,PPF,LIC savings 50,000 Rs. Exempted amount for income is 1,50,000
Rs. &income tax rate is 10% upto 3,00,000. Find out amount of income tax paid by that
person is
A) 2000
B) 10000
C) 5000
D) 3000
119. Inventory management is part of:
A) Product management
B) Marketing management
C) Material management
D) Sales management
120. Too little Inventory increases the risc of:
A) Out of stock condition
B) More stock
C) Theft
D) Can’t Predict
121. Determine quality and timing for material planning
A) EOQ
B) ERP
C) SAP
D) MRP
122. The company have to generate value able financial reports by compiling financial data
from every department of company which includes production, Accounts, Sales,
Purchase, personal, Product development and design. which of the following module shall
execute this task.
A) Financial Module
B) H. R. Module
C) Production module
D) Purchase module
123. The Objective of TQM is
A) To improve profitability
B) To improve process
C) To guide management
D) None
124. Work environment clause of ISO 9001:2001
A) Covers education, training, skill and experience of personnel involved in work .Gives
guideline about their development to maintain quality work.
B) The organization should identify work environment that ensures conformity of service.
C) The organization must plan and develop and process that are required for product
realization
D) All of the above
125. Six Sigma methodology defines three core steps
A) Analyze, improve, control

B) Analyze, design, verify
C) Define, measure, analyze
D)Define, measure,control
126.
A) Ishikawa diagram
B) Control chart
C) Pareto analysis
D) Check list
127. Which one of the following is benefit of the Kaizen?.
A) Improved efficiency
B) Improved Safety
C) Employee Satisfaction
D) All of the above
128. Which ‘S’ of 5S involves cleaning the floors, the walls and the equipment and ensuring
all items are restored to their designated place.
A) Seiri
B) Seiton
C) Seiso
D) Seietsu
129. The provide the information about when to order and how much to order.
A) MRP
B) ERP
C) EOQ
D) Inventory
130. While on a long tour, which are the itmes we take most care of? Certainly, it is the jewerly
and the
cash ….. this could be an analogy to :
A) EOQ
B) ABC Analysis
C) Minimum batch demand
D) None
131. Which of the following is advantages of ABC Analysis .

A) ABC analysis results in reduction of annual inventory cost.
B) ABC analysis does not give importance which are critical for production.
C) Cannot be used if some of the items are scarce and not readily available.
D) All
132. Even through permanent working capital is working capital but it’s nature is for
every year or month.
A) Temporary
B) Permanent
C) Variable
D) Increasing basis
133. Principles proposed by _ are very useful for the contemporary managers to manage
their work efficiently effectively.
A) Controlling
B) Organising
C) Directing
D) Planning
134. Business firms produces and supply wide verities of goods and required by
society.
A) Money
B) Service
C) Entities
D) Social service
135. The goal of the enterprise is fulfilled through the use of resources like
A) Man
B) Machine
C) Material
D) All of the above
136. Which of the following was the key aim of scientific management?
A) To increase worker control of production

B) To increase productivity
C) To decrease absenteeism
D) To develop time and motion studies
137. No smoking the factor is an example of
A) Rules
B) Programme
C) Project
D) Schedule
138. Features of project organizations are
A) Can be internally formed

B) Temporary in nature
C) Having less no. of employees
D) All of the above
139. Which of the following comes under government sector?

A) BOSCH
B) TATA
C) L & T Ltd
D) ONGC
140. Identify the alternative which can correctly replace blank spaces following statement.
Statement: According to Factories Act no adult worker should be required or allowed to
work a factory for more than
A) 12hrs in a day
B) 36hrs in a week
C) 48hrs in a week
D) 10hrs in a day
141. The necessity of human acts is to protect the interest of:
A) Workers
B) Employee
C) A and B
142. Fixed capital is required for

A) Land
B) Equipment and machinery
C) Building
D) All
143. Sources of working capital
A) Land
B) Dividends
C) Long term borrowings
D) B&C
144. List the module of ERP
A) Human resources
B) Purchase
C) Finance and accounting
D) All of the above
145. Which of the following is not procurement cost?
A) Transportation cost
B) Cost of receiving, inspecting and stock material
C) Cost of processing vendors invoice
D) Storage cost
146. The six sigma methodology endorses
A) DMAIC concept
B) CRM concept
C) Quality circle inspect
D) TQM concept
147. Work out product requirement in detail and set product specification on the basis if
customers preference, cost and profit is a function of
A) Quality management
B) Material management
C) Production management
D) Inventory management
148. In first car was driven on the roads of India.
A) 1790
B) 1857 C) 1898
D) 1909
149. Which type of industries involves large investment and a high level of automation
process?
A) Village
B) Small scale
C) Large scale
D) Medium scale
150. The major function of Reserve Bank of India include:
A) Monitoring and controlling banking and functional system throughout India

B) Monitoring GDP and inflation
C) All of the Above
D) None of the Above
151. The art of getting things done by people is called as
A) Organization
B) Management
C) Direction
D) Staffing
152. Factors which affects departmentation are……….
A) Product
B) Process
C) Function
D) All of the Above
153. Senses of responsibility increases due to provided by seniors
A) Authority
B) Responsibility
C) Initiative
D) Leading
154. The sum that every shareholder gets is known as_
A) Amount
B) Dividend
C) Shares
D) Capital
155. Which of the following is a false statement?
A) Capital is required to start the business

B) Capital is required to run the business
C) Capital is required to expand the business
D) Capital is required to sell the business
156. can be defined as an integrated information system that serves all departments
within an enterprise.
A) MRP
B) MPR
C) ERP D) EPR
157. Economic order quantity is represented by
A) QB
B) EO
C) EQ
D) None
158. “A” type of items has importance due to consumption

A) 10-20%
B) 15-25%
C) 40-50%
D) 70-80%
159. Figure shows working model of quality circle of manufacturing industry working on a
tooling problem, couple of the important step no 5 and 7 are missing in the model.
Correctly identify the steps from the option given below.
A) 5)Presentation of Solution to Management, 7) Selection of best solution
B) 5)Discuss all the solutions, 7) Selection of best solution
C) 5) Selection of best solution, 7) Presentation of Solution to Management
D) 5) Selection of best solution, 7) Test the solution within Q.C.
160. Defects rate in 3 sigma level is
A) 6210
B) 66807
C) 405
D) 233
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Sample Question Paper
Course Name : All Branches of Diploma in Engineering / Technology
Subject Title : Management
Que 1) -------- means integrating the economy of a country with global / word economy
a) Globalization
b) Privatization
c) Liberalization
d) L-P-G
Que 2) The goals of the enterprise are fulfilled through the use of resources like
a) Man
b) Machine
c) Material
d) All of the above
Que 3) Globalization increases –
a) Employment opportunity
b) Foreign Investment
c) Competition
d) All of the above
Que 4) India adopted LPG Policy in –
a) 1980s
b) 1950s
c) 1990s
d) 1970s
Que 5) Management theories are interpretive and evolve with organisational
chang a) It is scientific
b) It helps decision making
c) a & b
d) None of the above
Que 6) ----------- is the function of putting together the different parts of enterprise into working
order
a) Planning
b) Management
c) Organization
d) Administration
Que 7) Who is known as “ Father of Scientific Management “
a) Henry Feyol
b) F.W.Taylor
c) Gilberth
d) Juran
Que 8)Esprit De corps refers to –
a) Team Work
b) Planning
c) Co-ordination
d) Authority
Que 9) Planning Means-
a) Thinking before doing
b) Thinking after doing
c) Thinking during doing
d) All of the above
Que 10) Policy making in an industry is a role of –
a) Management
b) Administration
c) Public
d) Workers
Que 11) –---refers to the number of sub ordinates a manager can supervise effectively-
a) scope of supervisor
b) Span of control
c) focus of supervisor
d) None of the above.
Que 12) Reliance Industries Ltd. Is a form of –
a) Single Ownership
b) Partnership
c) Private ltd.
d) Joint Stock Company
Que 13) In --------- type of organization the sub ordinates receive orders from their immediate
boss-
a) Line organization
b) Line and staff organization
c) Functional organization
d) Product organization
Que 14) Amul Dairy industries refers to which of the following company type-
a) Private limited company
b) Ownership company
c) Partnership company
d) Co-operative company
Que 15) Collapse of crane is a cause of accident. Under which type of accidents does it
comes?
a) Mechanical causes of an Accident
b) Natural Cause of an accident
c) Human error
d) All the above
Que 16) Workman’s compensation act for workers came in to existence in year –
a) 1950
b) 1992
c) 1986
Que 17) Indentify the important wale fare provisions in an industry
a) Canteen
b) Crèches
c) Lunch room
d) All of the above
Que 18) Age, Health, Fatigue and anxiety are the factors refers to-
a) Environmental causes of accidents
b) Personal causes of accidents
c) Mechanical causes of accidents
d) All of the above
Que 19) Capital invested in Land and machinery is termed as –

a) Floating capital
b) Fixed Capital
c) Sinking Capital
d) Working Capital
Que 20) Income tax and Property Tax falls under –
a) Indirect Tax
b) Service Tax
c) Direct Tax
d) All of the above
Que 21) Which of the following comes under the title of “sources of fixed capital”
a) Shares or Equities
b) Preference shares and Deferred shares
c) Public deposits and Debentures
d) All of the above.
Que 22) Major sources of for obtaining working capital are the commercial banks. They
provide finance in the form of:
a) Loans and credit facilities
b) Overdrafts and mortgages
c) Bills of exchange and public loans
d) All of the above
Que 23) A technique for determining the quantity and timing of dependent demand items -
a) EOQ
b) ABC analysis
c) MRP
d) BOM
Que 24)The input to MRP –
a) Master production schedule
b) Inventory record file
c) Bill of materials
d) All of the above
Que 25) 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
Que 26) -----------is a cushion between supply and demand
a) Material Management
b) Inventory Management
c) Sales and Purchases
Que 27) ------------- is 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,
whereas bulk of items in inventory, having low usage value constitute
insignificance part of the capital.
a) EOQ
b) ABC Analysis
c) a and b both
Que 28) Identify important constituents of Total Quality Management from Following -
i) Orderliness and Cleanliness ii) Punctuality and Continuous efforts
iii) Customers' Service iv) Standardization of work
a) only i
b) only i and ii
c) only s
d) i, ii, iii, and iv
Que 29) Quality is the responsibility of --
a) all those in concern with product including end user
b) all those who are working in the organisation
c) all those who are managers
d) all those who are supervisors
Que 30) Kaizen is a Japanese technique. Kaizen word is formed from two characters KAI
and ZEN in which -
a) KAI means change & ZEN means good
b) KAI means good & ZEN means change
c) KAI means good & ZEN means GURU
d) none of the above
Two Marks
Questions
Que 31) Which of the following pair is

true for above management
triangle
a) Top Level –Strategic Decision – Chief Executive Officer
b) Middle Level –Tactical Decisions– Manager
c) Lower Level – Operational decisions – Foreman
d) All of the above
Que 32)Following are the kinds of partners-
a) Active partner and Sleeping Partner
b) Owner and Distrubuter
c)Global Partner and Media Partner
d)Permanent Partner and Temperory Partner
Que 33) The type of organisation shown below belongs to which type of organisation
structure –
a) Line Organistion
b) Line and staff organisation
c) Functional Organisation
4) None of the above
Que 34) 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 to lose
his right 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
amount?
a) Indian Factory Act
b)Workman’s Compensation Act
c)Minimum wages Act
d) Safety provisions Act
Que 35) Suggest the appropriate type of shares in the blank space provided in
following figure.
Shares
Equity Preference Deferred

Shares Shares Shares
a) Cumulative ,Non Cumulative

b) Cumulative , Ordinary
c) Non Cumulative , Ordinary
d) Ordinary , Debentures
Que 36) Name the type of following budget
XYZ Instrument Company Limited
No of units Jan Feb Mar Apr May Jun Jul Aug Sept Oct Nov Dec Total
to be Units
produced
Product A
Product B
Product C
a) Master Budget
b) Sales Budget
c) a and b both
Que 37) 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 requisition iv) making comparative statement
a) i, iii, iv, ii
b) iii, i, iv, ii
c) iv, ii, i, iii
d) i ,iv, iii, ii
Que 38) ABC Auto ltd is a leading automobile company , manufacturing various range of
automobiles. The company regularly requires large quantity material particularly
raw materials and other essential accessories so that the requirement of the material is
ascertained and the job of supplying is entrusted to a firm by calling quotations .Mr.
M. Subrmaniyam is an sincere and workaholic person who is recently elevated from
Assistant Manager ( R & D) to Manager (Purchases). Company expects that he should
set up a structured purchase procedure for such kind of purchases . Suggest which
type of purchase procedure does Mr. M. Subrmaniyam should adopt so as to satisfy
company's objective of structured purchasing.
a) Market purchasing
b) Rate Contract purchasing
c)Global purchasing
d)Centralised purchasing
Que 39) Which of the following are two main elements of
quality i) Quality of design ii) Quality of
performance iii) Quality of products iv) Quality
circle
a) i and ii
b) i and iii
c) ii and iii
d) ii and iv
Que 40) Match the following- select the proper option
l) ISO 9000-2000 i) Quality management system guidelin es
m) ISO 9001-2000 ii) Quality management system vocabulary n)
ISO9004-2000 iii) Quality management system requirements a) l-i. M-iii, n-ii
b) l-ii,m-iii, n-i
c) l-iii. M-i, n-ii
d) l-i. M-ii, n-iii
Question Bank
Name of subject: MANAGEMENT www.msbteinfo.com
MULTIPLE CHOICE QUESTIONS
1. Business is the process of providing platform to the people to exhibit their &
abilities.
a. Technical and economical
b. thinking and mental
c. technical and managerial d Leadership and vocal.
2. What does a business provide to the customers in exchange of their money?

a. goods and services
b. profit and services
c. satisfaction and reliability
d. knowledge and happiness.
3. According to Drucker, the purpose of business is:

a. to get money
b. to acquire success in market
c. to satisfy customers
d to create and keep customers
4. Which one of these is not a type of business?

a. service
b. manufacturing
c. machining
d. trade
5. Service sector is also known as .

a. primary sector
b. secondary sector
c. quarterly sector
d. tertiary sector.
6. What is manufacturing?
a. acquiring customers
b. production of merchandise.
c. gaining profit
d. completing demand
7. How do traders make profit?

a. in the form of commission
b. in the form of loans
c. in the form of shares
d. in the form of debentures.
8. What are the types of trade?

a. profitable and loss
b. singular and plural
c. bilateral and multilateral
d. direct and indirect.
9. Which one of these is the largest segment in Indian industry?

a. textile industry
b. banking industry
c. chemical industry
d. engineering industry
10. What are the segments of engineering sector?

a. precise and controlled
b. heavy and light
c. heavy and technical
d. civil and mechanical
11. Which one of these is not a relevant factor in process industries?

a. goods
b. ingredients
c. formulas
d. bulk
12. What plays an important role in the Indian textile industry?

a. satin
b. wood
c. cotton
d. machines
13. Which of the following cannotbe used in textile industry?

a. cotton
b. wool
c. jute
d. polythene
14. How many products are produced by chemical industry?

a. more than 70,000
b. more than 6,000
c. more than 60,000
d. more than 7,000
15. Chemical industries produce in the largest quantity.

a. soda and soaps
b. polymers and plastics
c. cosmetics and paper
d. water and detergents
16. Which one of the following processes is not a part of textile industry?
a. spinning
b. weaving
c. dying
d. polishing
17. Which one of the following is not a broad category of chemical industry? a.
durable product
b. basic chemicals
c. life sciences
d. consumers products.
18. Which one of the following is a fertilizer?

a. nitrogen
b. soda ash
c. chlorine
d. ammonia
19. Which one of the following categories of chemical industry has smallest volume? a.
basic chemicals
b. life sciences
c. specialty chemicals
d. consumers products
20. Which one of the following is not a consumer product?

a. soap
b. detergents
c. cosmetics
d. caustic soda.
21. is the leading manufacturer in the chemical industry.
a. Tata Petrochemicals b .Parle Agro-Products
c. Hindustan Unilever d. Reliance Petrochemicals 22. What is the mainstay
of Indian economy?
a. Agriculture b. Chemicals
c. Engineering d. Textile industries

23. Agriculture provides employment to almost % of Indian work force.
a. 40 b. 50
c. 60 d. none of above
24. India has a very large export of processed .
a. Chemicals b. Fruits and vegetables
b. Finished Products d. Fishes

25. demand high level of manual labor.
a. small scale industries b. large scale industries
c. village industries d. sugar industries 26.
Which type of industries are semi-automated?
a. small scale b. large scale
c. village d. sugar
27. Which type of industries involvethe largestinvestment?
Which one of the following is not a cash crop?
a. cashew b. spices
c. tower d. tobacco
29. What does ITES stand for?
a. Information Technology Extend Service
b. Information Technology Education Service
c. Information Technology Enabled Service
d. Information Technology Energy Service
30. industry is the sunshine sector of Indian economy.
a. chemical b. information technology

c. agricultural d. process
31. Which one of the following is the leading software exporter from India?
a. Bangalore b. Hyderabad
c. Chennai d. Mumbai
32. Indian IT companies are not working in the business.
a. service b. telecom
c. software d. product development
33. Similar to manufacturing companies banking is a business to make .
a. public relation b. profit
c. goods d. customer relations
34. banking is not a business segment of industry.
a. retail b. internet
c. whole sale d. treasury operations
35. It takes too many days for payment by .
a. demand draft b. cash
c. cheque d. RTGS
36. For paying amount up to Rs2 lacs, is a better choice.
a. demand draft b. cheque
c. RTGS d. NEFT
37. Commission charged by a bank on DD is charges applied to RTGS & NEFT.
a. less than b. equal to
c. more than d. negligible to
38. The promise to compensate for any potential failure is called
a. fixed deposit b. recurring
c. insurance d. interest
39. The certain amount which an insurer pays to the company is

a. EMI b. premium
c. Interest d. bill
40. Find the odd one out
a. health insurance b. travel insurance
c. life insurance d. motor insurance

41. policy covers all the medial expenses following hospitalization
42. Very recently, the Indian government has permitted % FDI in the insurance sector.
a. 49 b. 48
c. 50 d. 51
43. Find the odd one out:
a. Bajaj Allianz general insurance b. LIC Of India
c. ESIC d. Kotak life insurance
44. Retailers can be classified into
a. big and small b. classified and non-classified
c. individual and group d. organised and unorganised
45. The Government of India has allowed % FDI in single brand retail trading
a. 49 b. 51
c. 100 d. 50
46.In multi brand retail trading the permission for FDI is %.
a. 49 b. 51
c. 100 d. 50
47. India is largely an retail market.
a. unorganised b. profitable
c. organized d. black
48. Hospitality falls under sector.
a. public b.retail
c. private d.service
49. Which one of the following is not a major segment of hospitality industries?
a. accommodation b. food services
c. public relation d. other hospitality operations
50. The health care sector in India is controlled by
a.public sector b. private sector

c. hospitality sector c. government
51. The process of transferring ownership of business from public sector to private sector is:
a. privatization b. liberalization
c. trading d. globalization
52. The relaxation of previous government restrictionon economic policies, transfer of trade and
foreign direct investment is
a. privatization b. globalization
c. liberalization d. modernization.
53. Who is known as the father of scientific management?
a. Alfred Marshall b. Matthew Bolton
c.F.W. Taylor d. Elton Mayo
54. Who is known as the father of modern management?
a. Max Weber b. Henri Fayol

c. Mary Follett d. Henry Gantt
55. FredrickTaylor stressed on:
a. Selecting the right people for the right job

b. Division of labour
c. Unity of command
d. Unity of direction
56. Fayol suggested that organizations can be sub divided into main groups of activity. a.
12
b. 4
c. 14
d. 6
57. Who is credited with having developed the concept of priority or hierarchy of needs? a. F.W.
Taylor
b. Abraham Maslow
c. Max Weber
d. Mary Follet
58.Arya Chanakya’sArthashastra written in the third century B.C. provides guide lines for:
a. The policies of governance of a kingdom and people management

b. How to work
c. Utilization of the organization strengths and the importance of discipline
d. The policies and objectives of an organization’s
59.In the early writings on managements, the art of war was written by:
a. Arya Chanaykya
b. Mark Twain
c. Suntzu
d. Adam smith
60. The breakdown of operations in a products manufacturing into small and repetitive tasks is
recommended by:
a. Peter Drucker
b. James Watt
c. F.W. Taylor
d. Adam Smith
61. To motivate workers, Taylorsuggested:
a. Differential piece rate method of payment

b. To pay more salary
c. To give less work
d. To provide festival bonus
62. Gantt chart represents:
a. Critical activities in a project

b. Schedule of projects
c. Predetermined duration and actual progress of activities
d. Details of design of a project
63.Who developed a theory of motion study?
a. Taylor
b. James watt
c. Gilbreth
d. Peter Drucker
64. Authority hierarchy, rules and procedures and division of roles and responsibilities to manage
work are all features of :
a. Taylor’s principles of management

b. Fayol’s principles of management
c. General administrative theory
d. Weber’s bureaucratic organization.
65. MaryFollett developed then theory of group dynamics for:
a. Resolution of conflict
b. Deciding wages
c. The communication process
d. Doing large – scale tasks
66. Possibly the most important pre-20th century influence on management was :
a. Scientific management
b. Middle management
c. The industrial revolution
d. The division of labour
67. Who is recognized as “the man who invented management”?
a. F.W. Taylor
b. Elton Mayo
c. Peter F. Drucker
d. Henri Fayol
68. Who is responsible for the actual operations of various departments?
a. Top management
b. Board of directors
c. Middle management
d. Frontline management
69. sets the vision and mission of the organization.
a. Top management
c. Frontline management
d. Board of directors
70. The board objectives and policies are decided by:
a. Regional manager
b. Marketing manager
c. Supervisor
d. Chief executive officer
71.When we classify managers according to their level in the organization, they are described as :
a. Functional, staff and line managers
b. Top managers , middle managers and supervisors

c. High level and lower level managers
d. General managers and administrative manager
72.Top level managers engage chiefly in planning or long range planning.
a. Human resource
b. Financial
c. succession
d. strategic
73. “Analysis of causes of deviations “is a part of which process?
a. Motivation
b. Team work
c. Controlling
d. Leadership
74. Which of the following is not a basic function of the management process? a.
Controlling
b. Organising
c. Working
d. Leading
75. reduces uncertainty.
a. Negotiating
b. Planning
c. Organizing
d. Leading
76. The planning process is used to prepare in an organization.
a. Advancement
b. Technologies
c. Discoveries
d. Budgets
77. Getting work done with a minimum effort, expense or waste is the definition of: a.
efficiency
b. effectiveness
c. productivity
d. planning
78. are an organization’s objectives and are the documented ways that
organizations intend to meet those objectives.
a. standing plans: single-use plans

b. stated goals : real goals
c. goals : plans
d. specific plans : directional plan
79. is the judgment of the future.
a. Forecasting
b. Planning
c. Mission
d. Organizing
80. A is a long term goal.
a. plan
b. operation
c. innovation
d. vision
81. is a communication that flows from a higher level to lower level in the organization.
a. Horizontal communication
b. Upward communication
c. Downward communication
d. None of given option
82. determines specific goals and lays down the board areas within which the goals are to
be attained.
a. Organization
b. Management
c. Business
d. None of them
83. is the application of knowledge and personal skills to achieve results. a.
Art
b. Science
c. Work
d. None of the above
84. Who is not a middle level manager?
a. General manager
b. Production manager
c. Section head
d. Marketing manager
85. Which managers supervise and coordinate the activities of operating employees?
a. production manager
b. frontline manager
c. section head
d. operation’s manager
86. is a policy making function.
a. Production
b. Plan
c. Work
d. Administration
87. does not belongto henryfayol’s 14 principles of management.
a. Standardization
b. Scalar chain
c. Authority
d. Discipline
88. is the 2nd function of management.
a. Organizing
b. Planning
c. Leading
d. Controlling
89. The process of inspiring the subordinates to put in their best is known as . a.
Motivation
b. Team work
c. Management
d. Leadership
90. Which one of the following functions involves recruiting and placing qualified personal
needed for the organization?
a. Planning
b. Organization
c. Staffing
d. Leading
91. converts efforts into results.
a. Goal
b. Business plan
c. Vision
d. Strategy
92. Plans that apply to the entire organization, establish the organization’s overall objectives
and seek to position the organization in terms of its environment are called:
a. Tactical plans
b. Strategic plans
c. Single- use plans
d. Operation plans
93. Formanager, to control or direct the work of an employee, the manager must have: a. Line
authority
b. Responsibility
c. Referent power
d. Staff authority
94. is the process by which an organization decides what it will sell , to whom , when and
how.
a. Strategic management
b. Planning
c. Selling
d. Marketing
95. Manager who are responsible for making organization – wide decisions and establishing the
plans and goals that affects the entire organization are:
a. Production managers
b. Top managers
c. Frontline managers
d. Research managers
96. is the process of getting activities completed efficiently and effectively with and through
other people.
a. Leading
b. Supervision
c. Controlling
d. Management
97. Which is not a type of communication?
a. Voice mails
b. Publications
c. Formal presentation
d. Listening
98. The five management functions of planning,organizing,commanding, coordinating and

controlling work proposed by:
a. F.w. taylor
b. Henry ford
c. Chester barnard
d. Henri fayol
99. Organizing includes:
a. Defining organizational goals

b. Hiring organizational members
c. Motivating organisatinal members
d. Determining who does what tasks
100. The process of monitoring, comparing and correcting is called .
a. Coordinating
b. Controlling
c. Leading
d. Organizing
101. The three essential managerial skills required by any person in an organization are .
a. Technical, human and empirical

b. Human, empirical and conceptual
c. Technical, interpersonal and controlling
d. Technical, human and conceptual
102. Managers with good are able to get the best out of their people.
a. Human skills
b. Conceptual skills
c. Technical skills
d. Visual skills
103. Which one of the following skills is more important at lower levels of managements? a. Human
b. Technical
c. Conceptual
d. Empirical
104. In order to achieve a mission, is/are set.
a. Smaller goals
b. Vision
c. Big plan
d. Strategy
105. A business plan depends upon information.
a. Product
b. Word of mouth
c. Finance
d. Market
106. refers to produce and earn at least what the business did the last year. a.
Profit
b. Survival
c. Progress
107. Which of the following factor is considered while developing premises in the planning process?
a. Government policy
b. Technological changes
c. Cost of raw materials
108. is the right to issue orders or make decisions.
a. To manage
b. Government policy
c. Supervise
d. Authority
109. Developing responsible employees is a/an process.
a. Leading
b. Planning
c. Coordinating
d. Old
110. is the function of employing eligible people for the company.
a. Planning
b. Staffing
c. Strategy
d. Mission
111. In a joint stock company, loans are repaid by the .
a. members b. promoters.
c. company d. none of the above
112. A private limited company can have minimum and maximum members.
a. 4, 50b. 4, 20 c.2, 50 d 2, 20
113. In a private limited company, generally are the members.
a. partners b . Neighbors
c. friend and family members d. anyone
114. A company in which not lessthan of the paid up share capital is held by
Government is known as a Government company..
a.48% b.49%
c. 50%d.51%
115. In a line organization the authority flows from
a. subordinate to subordinate
b. superior to superior.
c. subordinate to superior.
d. superior to subordinate
116. In a line organization who is responsible for final results?
a. the workers b. the superior authority
c. the manager d. the foreman
117. donot pay taxes on the profit earned.
a. Partnerships
b. Private ltd companies
c. Public ltd. Companies.
d. All of the above
118. Line organization is:

a. rigid b. flexible c
.strong d. expensive
119. What sort of company is Infosys?
a. Public Ltd. b. Private Ltd
c. Partnership d. none of them
120. In functional organization activities are grouped by function.
a. common b. separate c
grouped d.special
121. According to law is not viewed as a separate legal entity.
a. Entrepreneur b. Partner
c. Company d. Proprietorship 122.
In functional organization, line authority.
a. does not exist b.certainly exists
c. partially exists d. somewhat exists
123. is a voluntary organization formed to serve the members and for the welfare of society. a.
Cooperative society b. Company
c. Public Limited company d. None of the above
124. Line organization lacks:
a. coordination b. conflicts
c. specialization d. nothing
125. Line and staff organization is the modification of:
a. Functional organization b. Staff organization
c. Special organization d. Line organization
126. The staff specialist provides to line managers.
a. machine b. work
c. advice d. order
127. Which the following is not an advantage of a public limited company.
a. Quick formation b. Large capital
c. Professional management d. Limited liability
128. Project organization is a/an organizational structure.
a. Temporary b. Permanent
c. Annual d. Quarterly
129. Assistant to the president to a company refers to which type of authority.
a. Line b. Functional c. Assistant d. Staff
130. Members of a project organization are from the department.
a. higher b. HR c. functionald. CEO
131. In a department the is in charge of a department.
a. manager b. HR c. CEO d. project manager
132. is a right to issue orders.
a. Responsibility b. Span c. Stability d. Authority
133. The persons forming a joint stock company are
a. Partners b. Entrepreneurs c. Promoters d. Investors
134. Which of the following is not the responsibility of a product manager?.
a. Quality b. Quantity c. Storage of goods d. Controlling accident

135. authority is the right given to an individual or a department to control specified processes
or activities in other department.
a. Functional b. Line c. Project d. Job
136. The process of concentration of authority with the top management is known as
centralization.
a. Top b. Functional c. Line d. Decision making
137. In a project organization, the members can be from:
a. within the organization b. outside the organization c. None of the above d. a & b
138. Which of the following can be considered as a project organization?
a. Car production b. Manufacturing of parts
c. Installation of a dairy d. None of the above
139. The advantages of project organization are
a. It takes less time to complete b. Maximum use of specialist knowledge
c. Decisions are taken independently d. None
140. The process of of tasks of similar nature is known as departmentation.
a. arranging b. deciding c. aligning d. grouping
141. The various departments in a company are: capacitors, sensors, resistors and
Fuses. It is an example of departmentation on the basis of:
a. Process b. Product c. Function d. Project
142. A public limited company can have minimum and maximum members.
a. 2, unlimited b. 2,100 c. 4,100 d. 7, unlimited
143. Suggest a suitable form of ownership for a bicycle repair business.

a. Public Limited b. Private Limited c. Partnership d. None of the above
144. Memorandum of Association of a company does not contain:
a. Purpose b. Liability c. Authorized capital d. Dividend
145. Departmentation helps to improve the of an organization.
a. effectiveness b. life c. quality d. skills

146. Which of the following is not an element of a Communication process?
a. Feedback b. Noise c. Span d. Message
147. is the legitimate power to exercise influence, make decisions, carry out action and to
direct others.
a. C.E.O b. Supervisor c. Responsibility d. Authority
148. is essential to direct, guide, instruct, and order the subordinate.
a. Manager b. Authority c. Responsibility d. Chairman
149. The authority that a possesses is known as line authority.
a. Subordinate b. Manager c. Superior d. Chief Executives
150. The life and existence of a doesn’t depend upon the life of members. a.
Partnership b. Entrepreneurship c. Proprietorship d. Company
151 Advantage of centralization
a) Greater Quality
b) Greater Control
c) Greater self-satisfaction amongst staff
d) Great fluency of work
152. In centralization the skills of the middle level management are
a) Increased
b) Decreased
c) Underestimated
d) Underutilized
153. With , the top management can focus on strategic issues for finding new avenues and
opportunities.
a) Work
b) Processes
c) Centralization
d) Decentralization.
154.Inpartnership, the partners have unlimited liability:
a) True
b) False
c) Partly True
d) Partly False
155. The speed of decision making is quick in .
a) Centralization
b) Decentralization
c) Span of control
d) None of above
156. is the number of subordinates that can be effectively supervised.
a) Centralisation
b) Decentralisation
c) Span of control
d) None of above
157. Theorganization always prefers span of control.
a) Small
b) Economical
c) Wide
d) Narrow
158.In a tall organization structure, the span of control is:
a) Economical
b) Big
c) Wide
d) Narrow
159.In a flat organization structure, the span of control is:
a) Economical
b) Big
c) Wide
d) Narrow
160.Which the following is the advantage of a narrow span?
a) Closer Supervision
b) Lower Overhead
c) Economical
d) More Delegation
161. Which of the following is the advantage of a wide span?
a) Lesser skilled people Managed easily

b) Monitoring is easy
c) Lower Operational cost
d) Good Communication
162.Supervisors with high ability can have .
a) Narrow span
b) Wide span
c) Big span
d) Small Span.
163.Managers at lower level can have span of control.
a) Wide
b) Narrow
c) Low
d) High
164.When complexity of a work is more, then is preferable.
a) Narrow span
b) Wide span
c) Big span
d) Small Span.
165. Delegation is a right given by a to to make decisions.
a) Manager , Employee
b) CEO, HR
c) Manager , Supervisor
d) Supervisor , Subordinate
166. Organization is a/an a system.
a) Closed
b) Exposed
c) Open
d) None of above
167. In order to have flexibility, the maintenance activities must be supported by

activities.
a) Co ordinate
b) Adaptive
c) Supportive
d) Financial
168. Which of the following not an adaptive activity?
a) Modified plans
b) Extensive market research
c) Outsourcing of services
d) Material development
169. Minimum and maximum persons can be partners in a business. a) 4,20
b) 2,20
c) 4,10
d) 2,10
170. Which one of the following is not included in the “Contents of Partnership Deed”?
a) Name of Partnership Firm

b) Duration of partnership
c) Permanent address of partnership Business.
d) Face value of share.
171. concentrates on development of the organization.
a) Availability
b) Stability
c) Productivity
d) Flexibility
172. Stability is reluctance to .
a) Change
b) Productivity
c) Availability
d) Predictability
173. Communication is the transfer of .
a) Words
b) Speech
c) Message
d) Sayings
174. Noise is the in communication.
a) Medium
b) Transmitter
c) Both a and a.
d) Barrier
175. The communication process is said to be completed only when receiver has the
message.
ANS
a) Received
b) Read
c) Understood
d) Seen.
176. Which one of the following is not a form of communication?

a) Downward
b) Upward
c) Horizontal
d) Diagonal.
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Question Bank 2
Name of subject: MANAGEMENT
www.msbteinfo.
comSemester:VI
MULTIPLE CHOICE QUESTIONS
1. Business is the process of providing platform to the people to exhibit their &
abilities.
a. Technical and economical
b. thinking and mental
c. technical and managerial d Leadership and vocal.
2. What does a business provide to the customers in exchange of their money?

a. goods and services
b. profit and services
c. satisfaction and reliability
d. knowledge and happiness.
3. According to Drucker, the purpose of business is:

a. to get money
b. to acquire success in market
c. to satisfy customers
d to create and keep customers
4. Which one of these is not a type of business?

a. service
b. manufacturing
c. machining
d. trade
5. Service sector is also known as .

a. primary sector
b. secondary sector
c. quarterly sector
d. tertiary sector.
6. What is manufacturing?
a. acquiring customers
b. production of merchandise.
c. gaining profit
d. completing demand
7. How do traders make profit?

a. in the form of commission
b. in the form of loans
c. in the form of shares
d. in the form of debentures.
8. What are the types of trade?

a. profitable and loss
b. singular and plural
c. bilateral and multilateral
d. direct and indirect.
9. Which one of these is the largest segment in Indian industry?

a. textile industry
b. banking industry
c. chemical industry
d. engineering industry
10. What are the segments of engineering sector?

a. precise and controlled
b. heavy and light
c. heavy and technical
d. civil and mechanical
11. Which one of these is not a relevant factor in process industries?

a. goods
b. ingredients
c. formulas
d. bulk
12. What plays an important role in the Indian textile industry?

a. satin
b. wood
c. cotton
d. machines
13. Which of the following cannotbe used in textile industry?

a. cotton
b. wool
c. jute
d. polythene
14. How many products are produced by chemical industry?

a. more than 70,000
b. more than 6,000
c. more than 60,000
d. more than 7,000
15. Chemical industries produce in the largest quantity.
a. soda and soaps
b. polymers and plastics
c. cosmetics and paper
d. water and detergents
16. Which one of the following processes is not a part of textile industry?
a. spinning
b. weaving
c. dying
d. polishing
17. Which one of the following is not a broad category of chemical industry? a.
durable product
b. basic chemicals
c. life sciences
d. consumers products.
18. Which one of the following is a fertilizer?

a. nitrogen
b. soda ash
c. chlorine
d. ammonia
19. Which one of the following categories of chemical industry has smallest volume? a.
basic chemicals
b. life sciences
c. specialty chemicals
d. consumers products
20. Which one of the following is not a consumer product? a.

soap
b. detergents
c. cosmetics
d. caustic soda.
21. is the leading manufacturer in the chemical industry.
a. Tata Petrochemicals b .Parle Agro-Products
c. Hindustan Unilever d. Reliance Petrochemicals 22. What is the mainstay
of Indian economy?
a. Agriculture b. Chemicals
c. Engineering d. Textile industries
23. Agriculture provides employment to almost % of Indian work force.
a. 40 b. 50
c. 60 d. none of above
24. India has a very large export of processed .
a. Chemicals b. Fruits and vegetables
b. Finished Products d. Fishes

25. demand high level of manual labor.
Which type of industries are semi-automated?
a. small scale b. large scale
c. village d. sugar
27. Which type of industries involvethe largestinvestment?
Which one of the following is not a cash crop?
a. cashew b. spices
c. tower d. tobacco
29. What does ITES stand for?
a. Information Technology Extend Service
b. Information Technology Education Service
c. Information Technology Enabled Service
d. Information Technology Energy Service
30. industry is the sunshine sector of Indian economy.

a. chemical b. information technology
c. agricultural d. process
31. Which one of the following is the leading software exporter from India?
a. Bangalore b. Hyderabad
c. Chennai d. Mumbai
32. Indian IT companies are not working in the business.
a. service b. telecom
c. software d. product development
33. Similar to manufacturing companies banking is a business to make .
a. public relation b. profit
c. goods d. customer relations
34. banking is not a business segment of industry.
a. retail b. internet
c. whole sale d. treasury operations
35. It takes too many days for payment by .
a. demand draft b. cash
c. cheque d. RTGS
36. For paying amount up to Rs2 lacs, is a better choice.
a. demand draft b. cheque
c. RTGS d. NEFT
37. Commission charged by a bank on DD is charges applied to RTGS & NEFT.
a. less than b. equal to
c. more than d. negligible to
38. The promise to compensate for any potential failure is called
a. fixed deposit b. recurring
c. insurance d. interest
39. The certain amount which an insurer pays to the company is

a. EMI b. premium
c. Interest d. bill
40. Find the odd one out

41. policy covers all the medial expenses following hospitalization
42. Very recently, the Indian government has permitted % FDI in the insurance sector.
a. 49 b. 48
c. 50 d. 51
43. Find the odd one out:
a. Bajaj Allianz general insurance b. LIC Of India
c. ESIC d. Kotak life insurance
44. Retailers can be classified into
a. big and small b. classified and non-classified
c. individual and group d. organised and unorganised
45. The Government of India has allowed % FDI in single brand retail trading
a. 49 b. 51
c. 100 d. 50
46.In multi brand retail trading the permission for FDI is %.
a. 49 b. 51
c. 100 d. 50
47. India is largely an retail market.
a. unorganised b. profitable
c. organized d. black
48. Hospitality falls under sector.
a. public b.retail
c. private d.service
49. Which one of the following is not a major segment of hospitality industries?
a. accommodation b. food services
c. public relation d. other hospitality operations
50. The health care sector in India is controlled by
a.public sector b. private sector

c. hospitality sector c. government
51. The process of transferring ownership of business from public sector to private sector is:
a. privatization b. liberalization
c. trading d. globalization
52. The relaxation of previous government restrictionon economic policies, transfer of trade and
foreign direct investment is
a. privatization b. globalization
c. liberalization d. modernization.
53. Who is known as the father of scientific management?
a. Alfred Marshall b. Matthew Bolton
c.F.W. Taylor d. Elton Mayo
54. Who is known as the father of modern management?
a. Max Weber b. Henri Fayol

c. Mary Follett d. Henry Gantt
55. FredrickTaylor stressed on:
a. Selecting the right people for the right job

b. Division of labour
c. Unity of command
d. Unity of direction
56. Fayol suggested that organizations can be sub divided into main groups of activity. a.
12
b. 4
c. 14
d. 6
57. Who is credited with having developed the concept of priority or hierarchy of needs? a. F.W.
Taylor
b. Abraham Maslow
c. Max Weber
d. Mary Follet
58.Arya Chanakya’sArthashastra written in the third century B.C. provides guide lines for:
a. The policies of governance of a kingdom and people management

b. How to work
c. Utilization of the organization strengths and the importance of discipline
d. The policies and objectives of an organization’s
59.In the early writings on managements, the art of war was written by:
a. Arya Chanaykya
b. Mark Twain
c. Suntzu
d. Adam smith
60. The breakdown of operations in a products manufacturing into small and repetitive tasks is
recommended by:
a. Peter Drucker
b. James Watt
c. F.W. Taylor
d. Adam Smith
61. To motivate workers, Taylorsuggested:
a. Differential piece rate method of payment

b. To pay more salary
c. To give less work
d. To provide festival bonus
62. Gantt chart represents:
a. Critical activities in a project

b. Schedule of projects
c. Predetermined duration and actual progress of activities
d. Details of design of a project
63.Who developed a theory of motion study?
a. Taylor
b. James watt
c. Gilbreth
d. Peter Drucker
64. Authority hierarchy, rules and procedures and division of roles and responsibilities to manage
work are all features of :
a. Taylor’s principles of management

b. Fayol’s principles of management
c. General administrative theory
d. Weber’s bureaucratic organization.
65. MaryFollett developed then theory of group dynamics for:
a. Resolution of conflict
b. Deciding wages
c. The communication process
d. Doing large – scale tasks
66. Possibly the most important pre-20th century influence on management was :
a. Scientific management
c. The industrial revolution
d. The division of labour
67. Who is recognized as “the man who invented management”?
a. F.W. Taylor
b. Elton Mayo
c. Peter F. Drucker
d. Henri Fayol
68. Who is responsible for the actual operations of various departments?
a. Top management
b. Board of directors
c. Middle management
d. Frontline management
69. sets the vision and mission of the organization.

a. Top management
c. Frontline management
d. Board of directors
70. The board objectives and policies are decided by:
a. Regional manager
b. Marketing manager
c. Supervisor
d. Chief executive officer
71.When we classify managers according to their level in the organization, they are described as :
a. Functional, staff and line managers
b. Top managers , middle managers and supervisors

c. High level and lower level managers
d. General managers and administrative manager
72.Top level managers engage chiefly in planning or long range planning.
a. Human resource
b. Financial
c. succession
d. strategic
73. “Analysis of causes of deviations “is a part of which process?
a. Motivation
b. Team work
c. Controlling
d. Leadership
74. Which of the following is not a basic function of the management process? a.
Controlling
b. Organising
c. Working
d. Leading
75. reduces uncertainty.
a. Negotiating
b. Planning
c. Organizing
d. Leading
76. The planning process is used to prepare in an organization.

a. Advancement
b. Technologies
c. Discoveries
d. Budgets
77. Getting work done with a minimum effort, expense or waste is the definition of: a.
efficiency
b. effectiveness
c. productivity
d. planning
78. are an organization’s objectives and are the documented ways that
organizations intend to meet those objectives.
a. standing plans: single-use plans

b. stated goals : real goals
c. goals : plans
d. specific plans : directional plan
79. is the judgment of the future.
a. Forecasting
b. Planning
c. Mission
d. Organizing
80. A is a long term goal.
a. plan
b. operation
c. innovation
d. vision
81. is a communication that flows from a higher level to lower level in the organization.
a. Horizontal communication
b. Upward communication
c. Downward communication
d. None of given option
82. determines specific goals and lays down the board areas within which the goals are to
be attained.
a. Organization
b. Management
c. Business
d. None of them
83. is the application of knowledge and personal skills to achieve results. a.
Art
b. Science
c. Work
84. Who is not a middle level manager?
a. General manager
b. Production manager
c. Section head
d. Marketing manager
85. Which managers supervise and coordinate the activities of operating employees?
a. production manager
b. frontline manager
c. section head
d. operation’s manager
86. is a policy making function.
a. Production
b. Plan
c. Work
d. Administration
87. does not belongto henryfayol’s 14 principles of management.
a. Standardization
b. Scalar chain
c. Authority
d. Discipline
88. is the 2nd function of management.
a. Organizing
b. Planning
c. Leading
d. Controlling
89. The process of inspiring the subordinates to put in their best is known as . a.
Motivation
b. Team work
c. Management
d. Leadership
90. Which one of the following functions involves recruiting and placing qualified personal
needed for the organization?
a. Planning
b. Organization
c. Staffing
d. Leading
91. converts efforts into results.
a. Goal
b. Business plan
c. Vision
d. Strategy
92. Plans that apply to the entire organization, establish the organization’s overall objectives
and seek to position the organization in terms of its environment are called:
a. Tactical plans
b. Strategic plans
c. Single- use plans
d. Operation plans
93. Formanager, to control or direct the work of an employee, the manager must have: a. Line
authority
b. Responsibility
c. Referent power
d. Staff authority
94. is the process by which an organization decides what it will sell , to whom , when and
how.
a. Strategic management
b. Planning
c. Selling
d. Marketing
95. Manager who are responsible for making organization – wide decisions and establishing the
plans and goals that affects the entire organization are:
a. Production managers
b. Top managers
c. Frontline managers
d. Research managers
96. is the process of getting activities completed efficiently and effectively with and through
other people.
a. Leading
b. Supervision
c. Controlling
d. Management
97. Which is not a type of communication?
a. Voice mails
b. Publications
c. Formal presentation
d. Listening
98. The five management functions of planning,organizing,commanding, coordinating and

controlling work proposed by:
a. F.w. taylor
b. Henry ford
c. Chester barnard
d. Henri fayol
99. Organizing includes:
a. Defining organizational goals

b. Hiring organizational members
c. Motivating organisatinal members
d. Determining who does what tasks
100. The process of monitoring, comparing and correcting is called .
a. Coordinating
b. Controlling
c. Leading
d. Organizing
101. The three essential managerial skills required by any person in an organization are .
a. Technical, human and empirical

b. Human, empirical and conceptual
c. Technical, interpersonal and controlling
d. Technical, human and conceptual
102. Managers with good are able to get the best out of their people.
a. Human skills
b. Conceptual skills
c. Technical skills
d. Visual skills
103. Which one of the following skills is more important at lower levels of managements? a. Human
b. Technical
c. Conceptual
d. Empirical
104. In order to achieve a mission, is/are set.
a. Smaller goals
b. Vision
c. Big plan
d. Strategy
105. A business plan depends upon information.
a. Product
b. Word of mouth
c. Finance
d. Market
106. refers to produce and earn at least what the business did the last year. a.
Profit
b. Survival
c. Progress
107. Which of the following factor is considered while developing premises in the planning process?
a. Government policy
b. Technological changes
c. Cost of raw materials
108. is the right to issue orders or make decisions.
a. To manage
b. Government policy
c. Supervise
d. Authority
109. Developing responsible employees is a/an process.
a. Leading
b. Planning
c. Coordinating
d. Old
110. is the function of employing eligible people for the company.

a. Planning
b. Staffing
c. Strategy
d. Mission
111. In a joint stock company, loans are repaid by the .
a. members b. promoters.
c. company d. none of the above
112. A private limited company can have minimum and maximum members.
a. 4, 50b. 4, 20 c.2, 50 d 2, 20
113. In a private limited company, generally are the members.
a. partners b . Neighbors
c. friend and family members d. anyone
114. A company in which not lessthan of the paid up share capital is held by
Government is known as a Government company..
a.48% b.49%
c. 50%d.51%
115. In a line organization the authority flows from
a. subordinate to subordinate
b. superior to superior.
c. subordinate to superior.
d. superior to subordinate
116. In a line organization who is responsible for final results?
a. the workers b. the superior authority
c. the manager d. the foreman
117. donot pay taxes on the profit earned.
a. Partnerships
b. Private ltd companies
c. Public ltd. Companies.

d. All of the above
118. Line organization is:
a. rigid b. flexible c
.strong d. expensive
119. What sort of company is Infosys?
a. Public Ltd. b. Private Ltd
c. Partnership d. none of them
120. In functional organization activities are grouped by function.
a. common b. separate c
grouped d.special
121. According to law is not viewed as a separate legal entity.
a. Entrepreneur b. Partner
c. Company d. Proprietorship 122.
In functional organization, line authority.
a. does not exist b.certainly exists
c. partially exists d. somewhat exists
123. is a voluntary organization formed to serve the members and for the welfare of society. a.
Cooperative society b. Company
c. Public Limited company d. None of the above
124. Line organization lacks:
a. coordination b. conflicts
c. specialization d. nothing
125. Line and staff organization is the modification of:
a. Functional organization b. Staff organization
c. Special organization d. Line organization

126. The staff specialist provides to line managers.
a. machine b. work
c. advice d. order
127. Which the following is not an advantage of a public limited company.
a. Quick formation b. Large capital
c. Professional management d. Limited liability
128. Project organization is a/an organizational structure.
a. Temporary b. Permanent
c. Annual d. Quarterly
129. Assistant to the president to a company refers to which type of authority.
a. Line b. Functional c. Assistant d. Staff
130. Members of a project organization are from the department.
a. higher b. HR c. functionald. CEO
131. In a department the is in charge of a department.
a. manager b. HR c. CEO d. project manager
132. is a right to issue orders.
a. Responsibility b. Span c. Stability d. Authority
133. The persons forming a joint stock company are
a. Partners b. Entrepreneurs c. Promoters d. Investors
134. Which of the following is not the responsibility of a product manager?.

a. Quality b. Quantity c. Storage of goods d. Controlling accident
135. authority is the right given to an individual or a department to control specified processes
or activities in other department.
a. Functional b. Line c. Project d. Job
136. The process of concentration of authority with the top management is known as
centralization.
a. Top b. Functional c. Line d. Decision making
137. In a project organization, the members can be from:
a. within the organization b. outside the organization c. None of the above d. a & b
138. Which of the following can be considered as a project organization?
a. Car production b. Manufacturing of parts
c. Installation of a dairy d. None of the above
139. The advantages of project organization are
a. It takes less time to complete b. Maximum use of specialist knowledge
c. Decisions are taken independently d. None
140. The process of of tasks of similar nature is known as departmentation.
a. arranging b. deciding c. aligning d. grouping
141. The various departments in a company are: capacitors, sensors, resistors and
Fuses. It is an example of departmentation on the basis of:
a. Process b. Product c. Function d. Project
142. A public limited company can have minimum and maximum members.
a. 2, unlimited b. 2,100 c. 4,100 d. 7, unlimited

143. Suggest a suitable form of ownership for a bicycle repair business.
a. Public Limited b. Private Limited c. Partnership d. None of the above
144. Memorandum of Association of a company does not contain:
a. Purpose b. Liability c. Authorized capital d. Dividend
145. Departmentation helps to improve the of an organization.
a. effectiveness b. life c. quality d. skills

146. Which of the following is not an element of a Communication process?
a. Feedback b. Noise c. Span d. Message
147. is the legitimate power to exercise influence, make decisions, carry out action and to
direct others.
a. C.E.O b. Supervisor c. Responsibility d. Authority
148. is essential to direct, guide, instruct, and order the subordinate.
a. Manager b. Authority c. Responsibility d. Chairman
149. The authority that a possesses is known as line authority.
a. Subordinate b. Manager c. Superior d. Chief Executives
150. The life and existence of a doesn’t depend upon the life of members. a.
Partnership b. Entrepreneurship c. Proprietorship d. Company
151 Advantage of centralization
a) Greater Quality
b) Greater Control
c) Greater self-satisfaction amongst staff
d) Great fluency of work
152. In centralization the skills of the middle level management are
a) Increased
b) Decreased
c) Underestimated
d) Underutilized
153. With , the top management can focus on strategic issues for finding new avenues and
opportunities.
a) Work
b) Processes
c) Centralization
d) Decentralization.
154.Inpartnership, the partners have unlimited liability:
a) True
b) False
c) Partly True
d) Partly False
155. The speed of decision making is quick in .
a) Centralization
b) Decentralization
c) Span of control
d) None of above
156. is the number of subordinates that can be effectively supervised.
a) Centralisation
b) Decentralisation
c) Span of control
d) None of above
157. Theorganization always prefers span of control.
a) Small
b) Economical
c) Wide
d) Narrow
158.In a tall organization structure, the span of control is:
a) Economical
b) Big
c) Wide
d) Narrow
159.In a flat organization structure, the span of control is:
a) Economical
b) Big
c) Wide
d) Narrow
160.Which the following is the advantage of a narrow span?
a) Closer Supervision
b) Lower Overhead
c) Economical
d) More Delegation
161. Which of the following is the advantage of a wide span?
a) Lesser skilled people Managed easily

b) Monitoring is easy
c) Lower Operational cost
d) Good Communication
162.Supervisors with high ability can have .
a) Narrow span
b) Wide span
c) Big span
d) Small Span.
163.Managers at lower level can have span of control.
a) Wide
b) Narrow
c) Low
d) High
164.When complexity of a work is more, then is preferable.
a) Narrow span
b) Wide span
c) Big span
d) Small Span.
165. Delegation is a right given by a to to make decisions.
a) Manager , Employee
b) CEO, HR
c) Manager , Supervisor
d) Supervisor , Subordinate
166. Organization is a/an a system.
a) Closed
b) Exposed
c) Open
d) None of above
167. In order to have flexibility, the maintenance activities must be supported by

activities.
a) Co ordinate
b) Adaptive
c) Supportive
d) Financial
168. Which of the following not an adaptive activity?

a) Modified plans
b) Extensive market research
c) Outsourcing of services
d) Material development
169. Minimum and maximum persons can be partners in a business. a) 4,20
b) 2,20
c) 4,10
d) 2,10
170. Which one of the following is not included in the “Contents of Partnership Deed”?
a) Name of Partnership Firm

b) Duration of partnership
c) Permanent address of partnership Business.
d) Face value of share.
171. concentrates on development of the organization.
a) Availability
b) Stability
c) Productivity
d) Flexibility
172. Stability is reluctance to .
a) Change
b) Productivity
c) Availability
d) Predictability
173. Communication is the transfer of .
a) Words
b) Speech
c) Message
d) Sayings
174. Noise is the in communication.
a) Medium
b) Transmitter
c) Both a and a.
d) Barrier
175. The communication process is said to be completed only when receiver has the
message.
ANS
a) Received
b) Read
c) Understood
d) Seen.
176. Which one of the following is not a form of communication?

a) Downward
b) Upward
c) Horizontal
d) Diagonal.
A B C D E F G
Sr Question A B C D Correct Answer
electronics and
1 Name the two segments of engineering sector. heavy and light civil and mechanical telecommunication None of above heavy and light
2 Different types of Process Industry General Chemical Heat All of above All of above
Which type of industries involves large investment and a high level of
3 automation process? Village Small scale Large Scale Medium Scale Large Scale
Assigning each group according to the similar activities to be performed, to
4 manager with the necessary authority to supervise them is called . Planning Organizing Controlling Decision making Organizing
5 Out of the following options given below, which does not implies to equity? Equal wages Dignity Fair Good work culture Equal wages
................................is accountability, which is an obligation of a subordinate to
6 his/her boss to perform the assign work. Authority Responsibility Communication All of the above Responsibility
People become expert in Product become name brand Attention is given to the
7 For product type departmentation, which statement is incorrect? the work allotted to them name product No duplicate of work No duplicate of work
is concerned with procurement, allocation
8 and control of financial resources of a firm. Financial management Material management Personnel management Operation management Financial management
9 are expenses done for raising funds for running Financial expenses Purchases Sales Office administrative Financial expenses
A or flexible budget recognized the unreliability of income or
sales prediction and makes provision in advanced for variation in production
10 and expenditure in accordance with variations in sales Fixed budget Variable budget Functional budget All of the above Variable budget
Consider the following two statements. (1) Preference shares normally offer
investors a lower level of risk than loan capital. (2) Preference shares are not
normally given voting rights. Which ONE of the following combinations
11 relating to the above statements is correct? (1) True (2) True (1) True (2) False (1) False (2) True (1) False (2) False (1) False (2) True
List of what is needed for
each component, sub-
12 The Bill of materials provides . A product structure (tree) assembly and assembly A and b both None A and b both
Prepare a comparative
Prepare a list of suppliers statement of the, terms and
Whenever a department needs an item, it is officially brought to the notice of the Exact quantity of material who deal with the business Pen the quotations at conditions mentioned in the Exact quantity of material to
purchasing department by filing a purchase requisition from. The next step to be purchased and its of the articles to be prescribed time on the quotation and then analyze be purchased and its
13 is specification is decided purchasing and are reliable prescribed date them specification is decided
Identify the system, which show the essential elements used in Master
14 Production Schedule as its basis for any material control system. MRP ERP EOQ ABC MRP
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
two methods to achieve this goal, from the figure and given options select the (a) Implement, Control (b) (a) Design, Verify (b) (a) Implement, Verify (b) (a) Verify, Implement (b) (a) Implement, Control (b)
15 appropriate last two steps for both the methods. Design, Verify Implement, Control Design, Control Design, Control Design, Verify
16 The goals of the Enteprise are fulfilled through the use of resources like Man Machine Material All of the Above All of the Above
17 GATT was superseded by WTO in 1994 1998 2000 2005 1994
18 The success of any project depends upon- Planning Organizing Directing All of the Above Planning
19 Planning Means Thinking before doing Thinking after doing Thinking during doing All of the Above Thinking before doing
A B C D E F G
Which is the Smart technique that allows everybody to do the job as per their
20 Skills or Specialization. Division of work Authority & Responsibility Discipline All of the Above
Division of work
21 Bata India Limited is a form of - Government Department Public Companies Public Corporations All of the Above
Public Companies
22 In which of organization the sub-ordinates receive orders from their immediate Line organization Line & Staff organization Fanctional Organization Product organization
Line organization
23 Allotting right work to the right person means. Delegation of Authority Responsibility Effective Delegation All of the Above
Effective Delegation
24 The risk is very high in Partnership Joint stock company Proprietorship All of the Above
Proprietorship
25 According to factory Act which of the following comes under health provision? Fencing of Machinery Cleanliness safety guards None of the above
Cleanliness
26 Collapse of crane is a cause of accident, under which type of accidents does it Mechnical Cause of Natural Cause of Accident Human Error All of the Above
Mechnical Cause of
27 Which type of capital is used for all the current assets ( Possession or Property) Gross Working Capital Net Working Capital Permenant Working Capital Temporary Working Capital
Gross Working Capital
28 The Tax which is paid by Individual to the central Government of India is Direct Tax Indirect Tax Secrvice Tax Income Tax Income Tax
29 Which is a part of Material Management- Inventory Management Marketing Management Both A & B None Inventory Management
Lead time is know & is Lead time is know & is
30 The assumption made in EOQ is that constant Total cost is constant Primary cost is constant All of the Above constant
Frequent Material Minimizing Unnecessary High Investment in Minimizing Unnecessary
31 The major advantage of MRP is Shortage Conflicts among employees Inventory Investment unnecessary Inventory Inventory Investment
32 Sales & Marketing is module of ERP MRP MPR None ERP
33 The activites that ensures right material at right quantity and right in time Purchase Department Marketing Department Design Department All of the Above Purchase Department
that the defective products
Take different measures to To Imporve quality, To Imporve quality,
should not reach to ensure or improve the Productivity, safety and Productivity, safety and
34 Objective of quality circle is - customers. quality standard of product. reduce the cost None of these reduce the cost
Discontinuous focus on
Study of variation in the Study of variation in the
the customer's production process and other Discontinuous striving for production process and other
35 Important themes in six sigma are- requirements business processes perfection All of these business processes
Covers the overall Covers the overall
The organization must take Includes controlling of monitoring, measurement, Covers monitoring of monitoring, measurement,
care of the conformity of monitoring and measuring analysis and improvement of information that depicts the analysis and improvement of
36 Measurement Analysis and Improvement clause of ISO 9001:2000 …………… the product / service. devices in an organization. QMS. customer satisfaction. QMS.
37 The two types of trade are and direct, indirect bilateral, multilateral internal, external local, global bilateral, multilateral
38 Textile industry does not produce . polythene cotton wool jute polythene
Business is the process of providing platform to the people to exhibit their
39 and skills. technical, economical thinking, mental technical, managerial All of above technical, managerial
Administration is concerned with the determination or planning of corporate
policy whereas management is concerned with the execution or implementation
40 of policy witihin the limits set is stated by . Oliver Sheldon Henry Fayol F. W. Taylor Peter Drucker Oliver Sheldon
Remuneration of personnel is the principle based on
41 principles. F.W. Taylor Henry Fayol Peter Drucker Mary Follet Henry Fayol
42 Organizing facilitates . effective management delegation of authority performance of employees All of above All of above
increase productivity, increase productivity,
decrease overload of work decrease overload of work
43 The objectives of planning is to . increase productivity decrease overload of work maintain standards and maintain standards and maintain standards
A B C D E F G
(1) Board of Trustees (2) (1) Board of Trustees (2) (1) Board of Trustees (2)
In an education institute, the people who belongs to the three different levels of Principal of college (3) (1) Borad of Trustees (2) Prncipals, HOD's (3) (1) Principal (2) HOD's (3) Prncipals, HOD's (3)
44 management are: Teachers HOD (3) Teachers Teachers Teachers Teachers
To make people To give freedom to each
45 Which is the aim of departmentation? specialized To distribute work function All of the above All of the above
Business life is depend of
46 Which statement is false about partnership? It is a joint business partners There is limited liability No transfer of partnership There is limited liability
With , the top management can focus on strategic issues for
47 finding new avenues and opportunities. Authority Responsibility Centralisation Decentralisation Decentralisation
The structure of Rubber Department shows the hiearchy level along with their
48 executives. It has which type of Organizational structure? Line organization Line and Staff organization Project Organization Functional Organization Functional Organization
A labour welfare officer is appointed in the factory as per factory act when there
49 are minimum workers. 100 300 500 1000 500
is a financial statement that summarized a company‟s assets , liabilities and
50 shareholder equity at a specific point in time. Balance sheet Budget Profit and loss Account Balance sheet
Preparation of budget forecasts the future of the departments and company and
due consideration is given on the basis of period, functions and flexibility. (1) Period (2) Capacity (3) (1) Capacity (2) Period (3) (1) Period (2) Coverage (3) (1) Coverage (2) Capacity (1) Coverage (2) Capacity
51 Identify the different types of budgets according to their scope of use: Coverage Coverage Capacity (3) Period (3) Period
is a list of component part and sub-assemblies needed to produce the final
52 product. MPS MRP BOM ERP BOM
financial, operative and financial, operative and
53 Objectives of inventory management includes objectives. financial property protection operational property protection property protection
preparation of purchase preparation of purchase
budget, track pending budget, track pending
The important functions of purchase departments are preparation of purchasing track pending purchase issue and follow up purchase order, issue and purchase order, issue and
54 . budget order purchase order follow up purchase order follow up purchase order
What end products are to How many of each product When the products shall be
55 The master production schedule is a list of: be produced? is to be produced? ready for shipment? All of the above All of the above
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
56 services each department‟s specific needs. Identify the system. MRP MRP-II ERP EOQ ERP
57 Quality is fitness for . Use Action Product Business Use
A well organized working place results more efficient and more productive
58 operation : is the principle of . Kaizen 5S TQM Six sigma 5S
A B C D E F G
quality, consistency and adjustment mechanisms to adjustment mechanisms to quality, consistency and (1) System for ensuring the
continuity of strategies, ensure efficiency and ensure efficiency and continuity of strategies, quality, consistency and
programs and projects. (2) assurance of results. (2) assurance of results. (2) programs and projects. (2) continuity of strategies,
Mechanism for continous system for ensuring the Mechanism for continous Quality control and programs and projects. (2)
review, enhancement of quality, consistency and review, enhancement of adjustment mechanisms to Mechanism for continous
system. (3) Quality control continuity of strategies, system. (3) System for ensure efficiency and review, enhancement of
and adjustment programs and projects. (3) ensuring the quality, assurance of results. (3) system. (3) Quality control
Select the correct functional role of (1) Planning system (2) Standard and mechanisms to ensure Mechanism for continous consistency and continuity Mechanism for continous and adjustment mechanisms
process improvement system (3) Monitoring and evaluation system from the efficiency and assurance of review, enhancement of of strategies, programs and review, enhancement of to ensure efficiency and
59 given QMS structure: results. system. projects. system. assurance of results.
60 First nationalisation of 14 banks happened in 1969 1976 1950 1991 1969
61 Following is not the chemical industry Polymer Petrochemical Paints Sugar Sugar
62 To start with enthusiasm is called as Initiative Dynamism Leadership Management Initiative
62 To start with enthusiasm is called as Initiative Dynamism Leadership Management Initiative
63 Employees get energized due to Controlling Planning Motivation Decision- making Motivation
64 Functional organization is also called as Line organization Staff organization Project organization None of above Staff organization
65 Basic aim of the government sector is Earning profit Earning fame Providing service to society None of above Providing service to society
66 Highest business secrecy is in Partnership Government sector Proprietorship Co-operative society Proprietorship
67 Unlimited liability is present in Proprietorship Partnership Both a & b None of above Both a & b
68 Who can be responsible for accident Worker Management Working Conditions All the above All the above
69 As per factory act, one first aid box is provided for. .... workers. 100 200 150 250 150
70 Budget is the financial plan for Next year Last year Running year None of above Next year
71 Buffer stock is nothing but New stock Safety stock Confused Inventory Unnecessary stock Safety stock
72 A type of items has. .... importance due to consumption. 10-20% 15-25% 40-50% 70-80% 70-80%
73 Quality management is not focusing on Money Quality Improvements Productivity Money
74 Sustain in 5S is Shitsuke Seiri Seiso Seiketsu Shitsuke
75 HDFC Bank is a ……… Public sector bank Private sector bank Foreign bank Co-operative bank Private sector bank
76 Deciding in advance what to do, how to do and when to do is……… Decision -making Organising Planning Motivating Planning
The assignment of each grouping to a manager with the authority necessary to
77 supervise it' , is called as….. Controlling Organising Staffing Planning Organising
78 Scalar Organisation is also known as Line organisation Project organisation Staff organisation Functional organisation Line organisation
79 Highest control of government is there in Government department Public corporation Public company Public Limited company Government department
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
80 3. Removal of conflict and overlapping in the organization code 1 & 2 code 1 & 3 code 2 and 3 code 1,2 &3 code 2 and 3
Statement 1- Shareholders are owners of the company. Statement 2 - Debenture
81 holders are creditors of the company. Both 1 and 2 are wrong 1 is correct, 2 is wrong Both 1 and 2 are correct 1 is wrong, 2 is correct Both 1 and 2 are correct
is the collective stock of items which is required for routine
82 functioning of industry Purchase Inventory Tool room Vendor Inventory
83 Ups and Downs in consumption and delivery period are absorbed by Buffer stock EOQ Procurement strategy ERP Buffer stock
Director General of Defined Goods for Supply Division General of Sales Director General of Supply Director General of Supplies
84 In purchasing, DGSD belongs to Supplies and Disposals and Dispatch and Distribution and Distribution and Disposals
A B C D E F G
Statement 1- ERP gives transparency. Statement 2- Repetition of work is
85 avoided due to ERP Both 1 and 2 are correct Both 1 and 2 are wrong 1 is correct, 2 is wrong 1 is wrong, 2 is correct Both 1 and 2 are correct
A system to capture and A capacity to assess the and monitoring processes to
make data available in real feasibility of a proposed achieve goals of the
86 ERP software provides: time plan organisation Option a & c Option a & c
87 Traders make profit in form of ............................... laons commissions shares None of above commissions
88 …………... and ......................... are produced in largest quantity in chemical soda and soap cosmetics and paper polymers and plastics soaps and detergents polymers and plastics
89 Insurance company is categorized as Life Insurance General Insurance All of above None of above All of above
Scalar chain is the ............................, which runs from top level to the lower
90 level in the organization. line of authority plane of authority path of authority authority line of authority
achievable, realistic, specific, measurable, specific, moveable, specific, moveable, specific, measurable,
91 SMART stand for .......................................................... timely accountable, realistic, timely achievable, realistic, timely accountable, realistic, timely achievable, realistic, timely
92 Which is not the type of the joint stock company? Public sector Public limited company Private limited company None Public sector
Biotechnology Information System, Network department of Consumer Affairs,
93 and Department of Education etc, are which types of companies? Government departments Public companies Public corporations All of the above Government departments
94 Public deposit is the source of finance for ............................ Joint stock company Cooperative society Partnership Proprietorship Joint stock company
If the factory employs more than 500 workers, it should appoint a
95 qualified to carry out the prescribed duties. safety officer welfare officer security officer none of these welfare officer
Ensuring the safety, health and welfare of the employees is the primary purpose Workman Compensation
96 of the- Factories Act Industrial Disputes Act Act Minimum Wages Act Factories Act
……………………..represents the quantities of the materials to be purchased
97 and the estimated costs of the material Sales budget Production budget Purchase budget Materials budget Purchase budget
To ensure regular and
98 Which is the objective of financial management? Profit maximization Wealth maximization adequate supply of funds All of above All of above
99 Tax includes the current tax as well as tax. income expenses excise deferred deferred
100 Debentures are included in source of finance. Long term Short term Medium term None Long term
101 The table shows the income tax rates for an individual - Below 60 years Between 60 years to 80 Above 80 years For all ages Between 60 years to 80 years
……………………... is a planning technic that calculates material requirement
102 and schedule supply to meet changing demand across all product and parts TQM ISO MRP QA MRP
receiving, processing receiving, processing
cost of receiving cost of processing quotation cost of following up and quotations, issuing and quotations, issuing and
103 Procurement costs consists of cost of ............................. quotations and issuing purchase order expediting purchase order expediting purchase order expediting purchase order
104 Excess inventory needs . more funds less funds less space more space more funds
.............................. function can be defined as procuring different types of
105 material for an organization from different sources Purchasing Procurement Planning Processing Purchasing
cost required for movement
106 Packing cost means ............................... cost of packing of goods cost to be paid to customer of material inspection cost cost of packing of goods
In this Stock control chart, label the maximum stock level and minimum stock (a) Minimum stock level (a) Minimum stock level (c) (b) Minimum stock level (c) (b) Maximum stock level (c) (a) Minimum stock level (b)
107 level – (b) Maximum stock level Maximum stock level Maximum stock level Minimum stock level Maximum stock level
Identify way to increase Increase the cycle time for Maximum quality or Identify way to increase
production capacities of hiring and training new delivery problems with production capacities of
108 Which one of the following is application of Six sigma? present equipment employees in organization suppliers None of these present equipment
A B C D E F G
109 Which one of the following is a requirment for conformance? Quantity Finance HRD Quality Quality
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
interchangeable (c) ISO 9000 and total quality are compatible (d) ISO 9000 and
110 total quality are in competition (a), (b), (c) (b), (c), (d) (a), (b), (d) (a), (c), (d) (a), (b), (c)
111 Following is the fastest growing sector in india now a days Agriculture Fishing Service Manufacturing Service
112 All export and imports activities are governed by Foreign trade policy fiscal policy global policy trade and business policy Foreign trade policy
113 Following bank is working for agriculture field ICICI Allhabad NABARD AgroB NABARD
114 Remuneration is not based on Performance Responsibility emotion Designation emotion
115 Food, Water, Shelter are needs Physiological Esteem Social Safety Physiological
116 Line organisation is of -------- type Horizontal Vertical Both None Vertical
117 Decision are quick in Line organisation Functional organisation Line and staff organisation combined type Line organisation
118 Maximum shareholders in public limited company are ------------ 50 10 7 No limit No limit
119 Which is not included in the ' causes of accidents' due to nature Floods Gas leakage Heavy rains Temparature strokes Gas leakage
120 Minimum wages which are fixed are declared by government through Newspaper Magazine Official gazatte All Official gazatte
121 is the effective procurement of funds and their effective utilisation. Accounts Commerce Finance None Finance
122 Flexibility is zero in Fixed budget Production budget Labour budget Cash budget Fixed budget
123 Statement 1- Excise is a direct tax,Statement 2-Excise is a commodity tax Both 1 and 2 are wrong 1 is wrong,2 is correct 1 is correct,2 is wrong Both 1 and 2 are correct 1 is wrong,2 is correct
124 Which is the function of inventory? Ensures availability of Proper purchasing Preventing stock out All of above All of above
125 Procurement of C type of items,should be done Frequently In immediate schedule Infrequently None Infrequently
126 Annual consumption of the item is represented by in EOQ. A AC S None S
127 The logic of is based on the principle of dependent demand. MRP MRP II ERP SAP MRP
128 ERP vendor is SAP ORACLE PEOPLE SOFT All All
129 Which element is at the top of the Quality Circle Steering committee Circle leader Circle member Facilitator Steering committee
130 Objective of quality control is To decide the quality To check the quality Both are correct Both are wrong Both are correct
131 #NAME? extreme temperature extreme lethargy insufficient illumination high humidity extreme lethargy
132 Dependent of a deceased employee does not include: his widow major son widowed mother unmarried daughter major son
133 types of jiont stock companies private ltd jiont stock public ltd joint stock both 1 and 2 none both 1 and 2
134 #NAME? propertiership partnership private ltd public ltd propertiership
135 advantages of line and staff organisation improved product quality duties are clear to each system function smootly all of the above all of the above
136 #NAME? line organisation line and staff functional all of the above line organisation
well organised group of proper dividion of work and
137 elements of organisation are set of define objective people labour all of the above all of the above
138 #NAME? controlling movtivating coordinating diecision making coordinating
139 henry fayol proposed ----------------------- no of principles of management 10 20 14 30 14
140 #NAME? Division of work authority and responsibity discipline all of the above Division of work
141 management functions are as planning organisaing directing all of the above all of the above
142 #NAME? planning organising staffing controlling staffing
143 major functions of insurance comapny --------------------- to provide certianty to provie protection share risk all of the above all of the above
144 #NAME? IT textile banking 1 and 3 banking
145 ------------------------ is a person who has completed the 18 yrs Adult Adoloscent Child Young person Adult
146 Which of the following qualifies as a health provision ? fencing of machinery cleanliness washing facilities none of the above cleanliness
A B C D E F G
A --------------------- is an instrument of management used as an aid in the
147 planning programming and control of business activity finanace capital budget VAT budget
148 production budget is based upon sales budget factory capicity budget stock requirement all of the above all of the above
is a comsption tax which is leveied at each stage of
149 production based on valve added to the producty at that stages finanace capital budget VAT VAT
150 what function are involved in material management planning warehousing storage manageemnt all of the above all of the above
Inspection costs are Consistency in quality can Huge improvement in
151 Advantage of Quality control is reduced be achieved productivity Only a and b Only a and b
152 Systemize means Cleaning Organization Neatness Standardization Neatness
153 Fixed capital is the capital invested in assets over: A short period One year period A long period None of these None of these
154 Which one of the following is contributory cause of an accident? Improper material Poor housekeeping Protruding object Tendency of show off Tendency of show off
155 An adult as per Factories act, 1948 an adult is a person with age: More than 18 years Less than 18 years More than 21 years More than 15 years More than 18 years
156 In functional organisation activities are grouped by function. Common Separate Grouped Special Common
157 Which of the following is not an element of communication process? Feedback Noise Span Message Span
158 In a joint stock company loans are repaid by the . Members Promoters Company None of these. Company
159 does not belong to Henry Fayol's 14 principles of management? Standardisation Scalar chain Authority Discipline Standardisation
160 Who is not a middle level manager? General Manager Production Manager Section head Marketing manager General Manager
161 The planning process is used to prepare in an organisation. Advancement Technologies Discoveries Budgets Budgets
162 Which type of industries involve largest investment? Small scale industries Large scale industries Village industries Sugar industries Large scale industries
163 Which one of these is the largest segment in Indian industry? Textile Industry Banking Industry Chemical Industry Engineering Industry Engineering Industry
164 A sales budget is the basis for preparation of a Master budget Materials budget Cash budget None of these None of these
165 Which one of the following taxes is not charged by the state government? Income tax Land revenue Luxury tax Taxes on properties Income tax
166 The provides the information about when to order and how much to order. MRP ERP Inventory None of these. MRP
167 which one of the following is not a benefit of MRP? Saves time Saves cost Gives production schedule All of these All of these
168 is an activity of quality assurance. Process control Performance testing Reliability testing All of these All of these
Suppose a business requires 1000 units of a particular items. Which one of the
169 following can provide the number of units to be purchased each time? ERP ABC analysis ISO 9001 EOQ EOQ
170 Mechanism that allows trade is called as Government Industry Market Finance department Market
171 Globalisation has pose major challenges for Big producers Small producers rural Producers none of above Small producers
172 What is management It is science It is an Art Both (a) and (b) are wrong Both (a) and (b) are correct Both (a) and (b) are correct
173 Work on correct track with correct speed is possiable by Controlling Directing Organising Planing Controlling
174 Policy making in an industry is a role of – Management Administration Public Workers Administration
175 Maximum security of job is in Public Sector Co-operative Partnership joint stock Public Sector
176 Which of the following is/are the key features of organization Social Inventions Gropu Efforts Accomplishing goals All of these All of these
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
177 shaping behaviours? Reinforcement Negative Reinforcement Punishment Positive Reinforcement Punishment
178 Ability to adjust , change , bend is Ability Stability Flexibility Balance Flexibility
is a financial statement that summarizes a companys assests ,
179 liabilities and shareholders equity at a specfifc point in time Balance sheet Budget Account Profit and loss statement Balance sheet
A B C D E F G
Identify important constituents of Total Quality Management from Following -
i) Orderliness and Cleanliness ii) Punctuality and Continuous efforts
180 iii)Customers' Service iv) Standardization of work Only i and ii Only i Only ii i, ii, iii, and iv i, ii, iii, and iv
181 In a car assembly factory the high value items like engine is given rating Item A Item B Item C None of abovess Item A
182 ………….. Of ERP steamlines Procurement of Required raw materials Financial Module Human Resource Module Purchasing Module Production Module Purchasing Module
183 Which of the following is not benefit of MRP? Reducied inventory cost Improved customer service Improved Quality Reduced Purchesing cost Improved Quality
184 The Modern Technique of Material Management is…….. ISO MRP TQM EOQ MRP
The system is easy to It does not take into account be utilized in a better It does not take into account
185 Which of the following is Not advantage of ABC Analysis understand seasonal varitations of cost manner All seasonal varitations of cost
Kaizen is a Japanese technique. Kaizen word is formed from two characters KAI KAI means change & ZEN KAI means good & ZEN KAI means good & ZEN KAI means change &
186 and ZEN in which means good means change means GURU None of the above ZEN means good
187 Quality Management components are Quality Planning Quality Control a&b None a & b
188 The Example of Indirect Tax is Wealth Tax Flat tax Income tax Excise Tax Wealth Tax
189 The Function of material management is Material Planning Material Marketing Material Sales All of the Above Material Planning
Different Look For Each Different Look For Each
190 Which is not the feature of ERP Inteqrated System Common Data-base Departmental Access Module Module
Lead time is known & Lead time is known &
191 Which is the correct assumption in EOQ Total Cost constant Primary Cost None of the above constant
192 Forecasting of resources, expenses & revenues is over a specified future period Shares Taxes Debenture Budget Budget
193 Procurement,Fund allocation and control of finicial resources is concerned with. Personal Management Material Management Operation Managenent Financial Managment Financial Managment
194 Which type of capital is Requred for business operation. Fixed capital Working capital Both (a) & (b) None of abvoe Both (a) & (b)
195 At which place line organization is not possible Small workshops Military department Government company Tiny firms Government company
196 Which is the first step in effective delegation ? Establishing responsibility Training Goals establishment Ego of speciality Goals establishment
197 Which is not the limitation of public sector Political interference Decision making is slow Less productivity Unlimited liability Unlimited liability
198 Providing correct way of working is Controlling Organising Directing Planning Directing
199 Position, designation, seniority defines Scaler chain Initiative Authority Centralization Authority
200 Top agro industry in india is Fabindia Pidilite Dupont India None of above Dupont India
201 In which type of industry fiber is converted into yarn,then fabric Chemical Health care Process Textiles Textiles
Which of the mentioned option is related to goal to reduce the number of defects
202 to as low as 3.4 parts per million. Five -S ( 5S) Departmentation 6- Sigma ERP 6- Sigma
Proper planning helps in Planning is thinking after Planning improves the Planning is thinking after
203 Which statement is wrong? motivating Planning reduces risk failures processes failures
204 Documentation is less in Proprietorship Partnership Joint stock company Co-operative society Proprietorship
205 Service tax is exempted to Suppliers to SEZ Export services Services with small turnover All the above All the above
206 Equity share financing is Permanent source of funds Temporary source of funds Both None Permanent source of funds
following a.work adjustment b.tolerate loss c. allocation d.reporting of 1 and b ,2 and d,3 and a,4 1 and c,2 and b,3 and d,4 1 and a,2 and b,3 and c, 1 and d,2 and b,3 and a,4 1 and d,2 and b,3 and a,4
207 subordinates and c and a 4and d and c and c
208 Reporting structure is complicated in Line Organization Project Organization Functional Organization Line and staff organization Functional Organization
209 Line Organization is also called as Military Scalar Automated Both a and b Both a and b
210 The base of success of any project of an organization is its Planning Organizing Directing all of above Planning
211 The blend of kindness and justice in an organization is Equity Scalar chain order unity of command Equity
212 ………... is important not only for the individuals but also for an organization Division of work Authority Discipline all of above Discipline
A B C D E F G
213 …………. has allowed companies to increase their base of operation Liberalization Globalization Privatization all of above Globalization
214 14 Principles of Management is contributed by Henry Fayol F W taylor P F ducker H Koontz Henry Fayol
215 The segment which is known as economy's goods producing segment trading sector allied sector industrial sector business sector industrial sector
Legally are not allowed but still they may exist with the consent of other
216 partners sleeping partner secret partner partner at will none of above none of above
217 Which one of the following is a cause of accident due to unsafe working earthquakes oily floors daydreaming all of above oily floors
218 ……………..is a universal lubricant which keeps enterprise dynamic. Finance capital budget VAT capital
219 ……………...capital includes long term decisions. Fixed Working block both a and c both a and c
Under sectioon 17 on the Income tax act 1961 and comes
220 under heads of salry for which Income tax is applicable. salary and wages salary and gartuity allowance and pensions none of above none of above
A is an instrument of used as an aid in
221 planning,programming and control of business activity. budget and management capital and distribution management and resources resources and management budget and management
222 Find the odd man out kaizen Six Sigma 5's' C's' C's'
Match the following options l) ISO 9000-2000 i) Quality management system
guidelines m) ISO 9001-2000 ii) Quality management system vocabulary n)
223 ISO9004-2000 iii) Quality management system requirements l-i. M-iii, n-ii l-ii,m-iii, n-i l-iii. M-i, n-ii l-i. M-ii, n-iii l-ii,m-iii, n-i
224 Service industry is --------- Sector in Economy Primary Secondary Basic Tertiary Tertiary
225 The first step in decision making is Recognise the problem Evaluation analysis finding out alternatives Recognise the problem
226 when many functions are controlled by a central Authority, It is called as Authority Management Discipline Centralisation Centralisation
227 Which is not the technique for effecting decision making in core company Linear Programme Simulation Out sourcing Dynamic Programming Out sourcing
228 Which is not limitation of cooperative society Political interference is Professionalism is very poor Decision –Making is slow Government support is less Government support is less
229 Minimum Members in Private limited company are 2 5 10 20 2
230 One Ambulance room should be provided in a factory employ more than ---- 200 300 400 500 300
231 Zero based budgeting is based on Flexibility Function Mechanism None Mechanism
232 Custom Duty is charged on Vessels Currency Movable property All All
233 When stock is more than the required then --------------cost involves Under stocking Over Stocking More stock None Over Stocking
234 PO in materials management means Placement officer Post Office Purchase order None Purchase order
235 Which is the input to MRP On hand Inventory Bill of Material both None both
236 QMS means Quality Management Quality Measurement Quality of Measured None Quality Management System
237 Which is not included in 5S Sort solve Shine Sustain solve
Aggressive implementation Clear presentation of quality
238 The process to produce an effective QMS requires Top management support of quality policy policy All All
239 Following is not a agro industry Sugar Poultry Paper Jute Paper
240 The quality of product made for Liberalization and Globalization ISO-2001 ISO-2000 ISO-9010 ISO-9000 ISO-9000
241 father of scientific management is Fedrick W.Tailor Arthur Dunkel Henry Fayol Robert owen Fedrick W.Tailor
242 Decision making occurs as a reaction to a Argument Problem Perception Expectation Problem
243 Check the result, Shows the result Authority, Responsibility Responsibility,Authority Authority,authority Responsibility,Responsibilit Authority, Responsibility
244 The followings are invoved in Middle level of management Board of Directors Clerks Workers Branch Managers Branch Managers
245 Demerit of Line organisation / Scalar organisation is High level of discipline Lack of specialisation Decisions are quick Easy to understand Lack of specialisation
246 The downward flow of Authority is termed as Responsibility Delegation Division of Authority Authority & Responsility Delegation
1st January to 31st 1st January to 31st
247 Calendar year as per the Factory Act is 1st April to 30th March December 1st July to 30th June None of these December
A B C D E F G
248 In which act "The aims to provide fair Wages to employed persons" Indian Factory Act Workmans Compensation Insurance Act None of these None of these
Exhaustive training of users repetition of work is Duplication of work,
249 Which one is the advantage of ERP ? It is time consuming The cost is high is required avoided repetition of work is avoided
250 Procurement cost per order includes Cost of calling quotation Cost of inspection Cost for receiving materials All All
251 In graphical method of EOQ , the cost which is represented as straight inclined Total Cost Inventory carrying cost Procurement cost None of these Inventory carrying cost
Perparing the list of all Arranging items in
252 Which is the first step in doing ABC Analysis ? items Deciding the policies descening order Determining unit price Perparing the list of all items
The safety stock of an inventory item is 100. The supply lead-time is two weeks
253 and the average weekly demand is 100 units. Which one is the re-order level? 100 300 200 400 300
254 The objective of TQM is To improve profitability To improve process To guide management None To improve process
255 Which is the main clause in ISO 9001:2000 ? Management responsibility Resource management Producy realisation All All
256 The foudation of Kaizen, consists of Quality circles Teamwork Both A & B None Both A & B
257 Which is not the stage in 6 sigma Standardisation Characterization Identification Optimization Standardisation
Nature of the product being
Complexity of the problems
258 Which factor decide the type of organization Size of the organization manufctured being faced All of above All of above
259 Which of the following is the advantage of effective decision-making ? No delays Quick actions No confusion All are correct All are correct
Defining goal of an Making different long term
260 The functions of top level management are organization or business Defining mission and vision policies for an organization All of above All of above
261 Insurance companies are growing at the annual compound rate of 1% 15% - 20% 0% 30% - 40% 15% - 20%
262 Applications of Line organization Small businesses Military Automated industries like All of the above All of the above
…… allows executive to give opportunity to his subordinate to think,make work
263 related decision, and get developed Delegation of authority Responsibility Effective Delegation All of the above Effective Delegation
Equipments for safety are
264 Accidents because of management are: Mental distractions Lack of training to workers not provided Both (B) and (C) Both (B) and (C)
telephone bills, water
charges, municipality bills Advertisement and selling
265 Working capital is not required for etc expenses Payment of insurance, rent Furniture Furniture
………indicates the total sales in the year, when goods sold are returned are Office administrative
266 referred as sales return Opening stock Purchases Sales expenses Sales
267 …….is a form of indirect tax imposed on specified services called "taxable Direct Tax Indirect Tax Service tax Income tax Service tax
raw material are available is all about management of Components and required
in right quantities at right resources required for raw material are available in
268 The major purpose of MRP time production Both ( a ) and ( b ) None right quantities at right time
…..is a list of component parts and sub-assemblies needed to produce the final
269 product MPS MRP BOM ERP BOM
In ABC temof inventory control, the material is divided in A,B and C categories Consumption value of Re-order levelof each Consumption value of
270 on the basis of Material quantity material material Maximum level of material material
Consistency in quality can
271 Advantage of quality management is It ensures the reliability Inspection costs are reduced be achieved None of these It ensures the reliability
There is uninterruptible Quality increases the There is uninterruptible
consistency in quality of productivity and profitability Custer becomes loyal to that consistency in quality of
272 Benefit of QMS is products and services in long term organization All of the above products and services
A B C D E F G
it sure that customer
Includes planing of the This clause covers defining requirements are known and This clause covers defining
QMS for meeting the of responsibility and they are met with an of responsibility and
requirements of the authorities and its objective of continuously authorities and its
standard and quality communication to everyone increasing customer communication to everyone
273 Responsibility, Authority clause of ISO 9001:2000 objectives within an organization satisfaction None of these within an organization
274 Which is included under fixed capital Plant set-up Water supply Land All All
275 Which of the following provisions are included in Factory Act ? Health and safety working hours welfare of employee All of the above All of the above
Taking shortcuts and lack of adequate knowledge are causes of accidents faulty layout or design of
276 because of workers management working place natural disasters workers
277 Types of accidents are : Minor Serious Fatal All of the above All of the above
is an activity which defines the steps of how and when work will
278 be done effectively and efficiently. Planning Organizing Staffing Controlling Planning
279 #NAME? Trade Service Manufacturing Economics Trade
280 Functions of financial management Allocation of funds Investment of funds Disposal of surplus All of the Above All of the Above
281 Following service is not under service tax Courier Telephone Banking Export services Export services
282 Which is the function involved in materials management? Purchasing Storing Distributing All All
283 What is the pattern of care for A type of items? More attention Average attention Less attention No defined way of attention More attention
284 Quality circle is a brain child of Fayol Ishikawa Juran Lee Tsing Ishikawa
285 The most important objective of TQM is By selling product Customer satisfaction Reduce the cost of the All of these Customer satisfaction
286 Each manager is a highly qualified specialist in a ------- organization. Line Organistion Staff Organization Functional Organisation Matrix Organization Functional Organisation
287 Which of the following type of business organization is owned by its customers? A Partnership A Public Limited Company A Retail Cooperative A Franchise A Public Limited Company
They are the most numerous
288 All the following are characteristics of the sole proprietorships except There is a single owner Profit are taxed twice Liability is unlimited type of business Profit are taxed twice
289 In Automobile Industry, departments can be on the basis of------- Territorial Product Customer Process Product
290 Determine how tasks is to be grouped is part of which management function? Planning Controlling Leading Organizing Organizing
Who defined management as "the art of knowing exactly what you want men to
291 do and then see that they do it in the best & cheapest way"? Henry Feyol F.W.Taylor Mary Parker Follet Juran F.W.Taylor
Middle & Bottom Level
292 Plans, policies & procedures are the function of------ Top Level Management Middle Level Management Bottom Level Management Management Top Level Management
The transfer of ownership of state property into the hands of the private
293 individuals by the sale of state assets through auction is------------ privatization Liberlization Globalization Domestication privatization
294 The purpose of retail business is to …. Go for partnership Make maximum promotion Offer products and services Create employment Offer products and services
295 A valid definition of a business purpose is to . create a customer maximize profits serve the society increase the wealth in the create a customer
Increased International Better Assess to external Huge amount of foreign
296 Following are the advantages of Globalization, except Cooperation financing investment Increased Competetion Increased Competetion
Primary Profit making Strict Financial Control by Strict Financial Control by
297 Which of the following is a characteristic of a Public sector organization? Private Ownership Motive Government None of the above Government
Employees Compensation
298 Which act provides for Health safety Welfare of workers? Apprenticeship Act 1961 Factories Act 1948 Act 1923 All of the above Factories Act 1948
299 Workplace related injuries, illnesses and deaths impose costs upon? Employers Employee Community All of the above All of the above
A B C D E F G
What is the minimum number of workers required in a Factory for the
300 mandatory appointment of safety officer? More than 100 More than 500 Less than 750 More than 1000 More than 1000
What is the minimum space to be allocated to each worker as per the Factories
301 Act 1948? 12.2 Cubic Meters 13.2 Cubic Meters 14.2 Cubic Meters 15.2 Cubic Meters 14.2 Cubic Meters
To conduct Market and To integrate overall To conduct sound To help in designing capital To conduct Market and
302 Which is the odd statement about objectives of Financial Management? Sales survey Finanacial Programme investment policies structure Sales survey
303 Capital budgeting is related to Long Term Assets Short Term Assets Working Capital Fixed Assets Long Term Assets
The difference between Fixed cost & Variable cost assumes significance in
304 preparation of the following budget----------- Master Budget Flexible Budget Cash Budget Capital Budget Flexible Budget
305 Value Added Tax (VAT) is a tax on? An Emplyee Earnings The Organization Profits The Investment Earnings Goods & Services Goods & Services
Control over the use of Control over the use of
306 Which of the following is a function of the Finance Manager? Procurement Risk Return Trade Off Deployment of Funds Funds Funds
307 Which of the following is not an element of master budget? Capital Expenditure Production Schedule Operating Expenses Budget None of the above Production Schedule
308 EOQ is the quantity that minimizes Total Ordering Cost Total Inventory Total Interst Cost Safety Stock Level Total Ordering Cost
Controlling Inventory Cost Controlling Inventory Cost
309 ABC analysis deals with which of the following? Money Flow of Material Ordering Schedule of Job None of the above Money
Cost of Receiving, Cost of Processing Vendors
310 which of the following is not Procurement Cost? Transportation Cost Inspecting & Stock Material invoice Storage Cost Storage Cost
assemblies, sub asemblies, parts & raw materials needed to produce one unit of
311 finsished product. Bill of Material Net Requirement Charts Inventory Records Assembly Time Chart Bill of Material
312 Which is not a component of ERP? Legacy System Bolt Application Operational database Cybersoft Cybersoft
Which of the following is a highly structured technique, designed to keep
313 personal interactions at a minimum? Clustering Brainstorming Nominal Group Technique Group Interview Brainstorming
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
314 on a workforce that want to improve quality. He focuses on establishing----- Knowledge Management TQM Operation Management MIS TQM
315 Six Sigma methodology is driven by a methodology Fit for use Cost driven Management by Fact Conformance to Management by Fact
316 “No U Turn” sign board comes under which “S” of the 5S? Seiri Seiton Seiso Seiketsu Seiketsu
When using ABC approach to stock categorization which of the following
317 desirable class „C‟ Items? High Value, High Risk High Value, Low Risk Low Value, High Risk Low Value, Low Risk Low Value, Low Risk
The quantities of the
product families that need The quantity & timing of Capcity needed to provide Cost associated with The quantity & timing
318 MRP specify------ to be produced planned order releases projected output alternative plan of planned order releases
319 Which of the following is not included in cost of inventory? Purchase Cost Transport Cost Import Duty Selling Cost Selling Cost
Components, ingradients & Components, ingradients
Time needed to perform all Production schedules for all material required to produce Operation required to & material required to
320 A bill of material lists the----- phases of production products an item produce an item produce an item
321 Which of the following is an indirect tax? Income Tax Entertainment Tax Profit Tax Wealth Tax Entertainment Tax
Which of the following banks/institution acts as custodian of nation‟s foreign
322 exchange reserve? State Bank of India Reserve Bank of India IFCI Punjab National Bank IFCI
Which of the following is not one of the main objectives of material It helps in purchasing of It helps in reduction in it aims at planning & It helps in planned material It helps in reduction in
323 management? standard items material purchasing price controlling materials purchasing material purchasing price
A B C D E F G
To maximize the wealth of
324 The primary goal of financial management is To maximize the return To maximize the risk owner To maximize the profit To maximize the profit
325 A statement which reflects future income & expenditure-------- Budget Profit & loss Balance Sheet Cash Account Budget
tries to secure for the workers employment conditions conducive Industrial Disputes Act Workmen Compensation
326 to their health and safety 1947 Factory Act 1948 ESI Act 1948 Act 1923 Factory Act 1948
Which of the following terms are defined in the Workemen Compensation Act
327 1923? (i) Dependant (ii) Disablement (iii) Workman (iv) Seaman (i) & (ii) (i) (ii) & (iii) (i) & (iv) (iv) only (i) (ii) & (iii)
328 Most of the industrial accidents are : not preventable Preventable unavoidable None of the above Preventable
Which of the following are not included in "Wages"? (i) Dearness Allowance
329 (ii) Bonus (iii) House Rent Allowance (iv) Basic Salary (i) & (ii) (ii) & (iii) (iii) & (iv) (iv) only (ii) & (iii)
Which of the following provisions do not come under the “Welfare provision”
330 in the Factories Act 1948? Washing Facility Drinking Water Facility for sitting First Aid Appliance Washing Facility
331 Line organization is not suited for --------- type of organization Large Small Medium both A & C both A & C
332 Authority and responsibility are ---------- to each other. Supplementary Complementary Contradictory Inconsistent Complementary
333 The maximum number of shareholders allowed in a Public Limited Company is? 20 50 100 No Maximum Number No Maximum Number
334 Out of following forms, which form of organization is the oldest one? Line & Staff Organization Committee Organization Functional organization Line Organization Line Organization
What is the term used to define the number of subordinates directly controlled
335 by a manager? Division Management Departmentalization Span of control Investment Span Span of control
To execute all plans of the To take decisions of long To take decision of short
336 Which of the following is not the characteristic of top level management? management term policies To look after production job term forecasting To look after production job
According to Fayol‟s 14 principles of management, „esprit de corps‟ refers to Being treated fairly &
337 which of the following? kindly Spirit of the corporation Team work & harmony Spirit of work Team work & harmony
All levels of management between the supervisory level & the top level of the
338 organization are termed as Middle Managers Fisrt Line Manager Supervisors Foreman Middle Managers
To increase worker control To develop time & motion
339 Which of the following was the key aim of scientific management? of Production To increase Productivity To decrease Absenteeism studies To increase Productivity
In the last one decade, which one among the following sectors has attracted the Chemical other than
340 highest foreign direct investment inflows into India? Fertilizers Food Processing Service Sector Telecommunication Telecommunication
341 Which is not one of Fayol's principles: Authority & Line of Authority Globalization Unity of Command Globalization
LPG is aimed at making the India as fastest growing competitive economy Efficient utilization of
342 through Resources Transperency Process Reduced Corruption All of the above All of the above
343 Business firm emphasis on attracting new------ Customers People Target Groups Suppliers Target Groups
A sales person can access the warehouse, inventory and delivery to give a
344 customer a quick update on the status of his order through--------------- MRP MPS BOM ERP ERP
345 The quantity sigma indicates Trend in the process Dispersion in the data Lack of attention by workers Average Dispersion in the data
346 Six Sigma is based on understanding & improving processes on a ------------ Product by Product Department by Department Day by Day Project by Project Project by Project
The ISO 9000:2000 standards consist of three documents of which ISO 9001 Guidance for Performance
347 pertains to: Fundamentals Requirements Vocabulary Improvement Requirements
Close coperation between An environment in which
348 To achieve quality (i.e., defect free products and services), we require------- management & satff Commitment quality can flourish All of the above All of the above
Every subordinate should receive orders from & be accountable to only one
349 superior is------- Unity of Decisions Unity of Command Centralization Scalar Chain Unity of Command
A B C D E F G
Partly Same & Partly Partly Same & Partly
350 Management & Administration are------ Same Different Same & Diferent Different Different
351 #NAME? Elton Mays Henry Fayol F W Taylor M P Follet F W Taylor
352 Henry Fayol laid down----- 12 Principles 13 Principles 14 Principles 15 Principles 14 Principles
USA, which decision making technique seems most reasonable for this A Postal Service
353 organization? Transaction A Brainstorming session A nominal discussion An Electronic Meeting An Electronic Meeting
354 Men, Money, Material & Machines are included in Factors of Production Resources Budget Preparation Cost Analysis Resources
Globalization is the process of integrating national economies into the
355 international economy through trade, foreign investment, migration and Communication Spread of Technology Transportation None of the above Spread of Technology
356 Management is ------- Art Science Art & Science Humanities Art & Science
How activities are Location of Department & Policy Statement defined by coordinated &
357 Organization structure primarily refers to coordinated & controlled How resources are allocated Offices firm controlled
358 Line organization follows -------- method of communication Scalar Chain Unity in Command Open System Closed System Scalar Chain
The number of partners are Specialist skills may be More Financial capital is Any Financial losses must Any Financial losses must be
359 One disadvantage of forming a Partnership is? limited itroduced usually available be shared shared
360 Functional organization is suited for limited number of --------- Persons Machines Product Process Product
Two firms collborate One firm licences its Two firms come together to Two firms come together to
together on a specific intellectual property to form a third, legally separte form a third, legally separte
361 A joint venture can be defined as: project another firm Two firms merge together firm firm
362 A Textile industry, departments can be on the basis of-------- Territorial Product Customer Process Process
Who has completed 18 Who has completed 18 years
363 Who is an adult as per Factories Act, 1948? years of age Who is less than 18 year Who is more than 14 years Who is more than 16 years of age
Efficiency & Productivity of
364 The word labour means . Workman Any Productive Activity Person working for salary labour Any Productive Activity
Preparation of Financial
365 Financial planning deals with: Statement Planning for Capital Issues Preparing Budgets All of the above Preparing Budgets
A forecast units of A forecast of operating A forecast of expected Concerned with the income Concerned with the income
366 Operating budgets are: production expenses operating expenses generating activities of Firm generating activities of Firm
367 Which of the following is not the form of tax revenue? Income Tax Sales Tax Licence Fee Excise Duty Licence Fee
368 Which of the following is not a current asset Cash in Hand Cash at Bank Debators Creditors Creditors
369 Which class of elements in ABC analysis is generally large in number? A B C Unpredicatble C
370 The economic order quantity in inventory control refers to Optimum lot size Lowest level of inventory Lot corresponding to BEP Lot most economical to Optimum lot size
Financial Resources What component to be made What product to be made & Labor hour required for What product to be made
371 A master production schedule specifies required for production & when when production & when
Which of the following input data are needed for MRP ? (i) Master Production
372 Schedule (ii)Inventory Position (iii) Machine Capacity (iv) Bill of Material (i) (ii) & (iii) (ii) (iii) & (iv) (i) (iii) & (iv) (i) (ii) & (iv) (i) (ii) & (iv)
Six Sigma principle which is a philosophical benchmark or standard of
373 excellence proposed by---------- Geinichi Taguchi Edward Deming Philip Crossby Joseph M Juran Edward Deming
374 Select the odd one which is not the dimension of quality Response Reliability Reputation Reassurance Reputation
Which "S' of 5S involves cleaning the floors, the walls and the equipment and
375 ensuring all items are restored to their designated place. Seiri Seiton Seiso Seiketsu Seiso
376 In which industry Quality Circles in India were first introduced? Bharat Electronics Ltd. Bharat Heavy Electricals Bharat Heavy Plates & Bharat Earth Movers Ltd. Bharat Heavy Electricals
A B C D E F G
means giving the customer more than he ever thought possible. It is the ultimate
377 goal in-------- Globalization TQM MRP Lean Manufacturing TQM
378 Reliance Industries Ltd. Is a form of, Single Ownership Partnership Private Ltd. Joint Stock Company Joint Stock Company
379 Which is the first step in organisation forming? Assignment of duties Aims are determined Identifying activities Formulating plans Aims are determined
Deviation from defined Deviation from defined path
380 Due to unity of direction, path is prevented Work is divided Authority is delegated Teams are formed is prevented
381 Esprit De Corps refers to Team Work Planning Co-ordination Authority Team Work
382 Out of mentioned below , which is not the input of management? Human resources Financial Resources Growth Technology Growth
383 which organisation is at number one position in India in insurance? Max Life Birla Sunlife LIC ICICI Prulife LIC
VAT started in maharashtra from and business is liable
384 according to VAT. 2003 , Banking 2004 , Exporters 2005 , Importers 2006 , Telephone 2005 , Importers
385 Cushion between supply and demand is called as - Material management Inventory management Sales and purchase None of above Inventory management
386 determines quantity and timing for material planning EOQ ERP SAP MRP MRP
The participation of all the members in an organizing, aiming at long term
success through customer satisfaction for the benefits to all members & to the
387 society is known as quality control quality assurance total quality management quality team. total quality management
Control of non-conforming
388 According to ISO 9001, inspection and testing comes under Process control Document control products Servicing Process control
preventation of defectsin evaluate whether the end preventation of defectsin
389 What is quality assurance? rejecting the final product. product or process detection of errors or defects result is satisfactorily. product or process
Each module has the Each department is able to Integrated system which Each module has the
390 which of the following is not a feature of ERP? It has a common data different look and feeling acess the system functions on real time. different look and feeling
391 Which of the following is output of MRP? Purchasing plan & Capacity plan Cancellation notices All the above. All the above.
392 which of the following are modern techniques of material management? TQM, SAP, ERP & QC MRP, JIT, ERP & SAP MQC, ERP, BOM & ISO MRP, MQC, JIT & ISO MRP, JIT, ERP & SAP
393 The amount actually demanded against the shares is…. working capital overdraft paid -up capital called-up capital called-up capital
lot size corresponding to
394 In inventory control theory, the economic order quantity is average level of inventory optimum lot size capacity of a warehouse break-even analysis optimum lot size
395 Reserves and Surplus is also known as / is a part is Retained Earnings. Share Capital. Dividend. None of the above. Retained Earnings.
when a person gets salary a certain amount of tax is deducted at the source as
396 per rules of that financial year - sales tax VAT Income tax wealth tax Income tax
The term " Account Recievables " come in With reference to
397 the term ` Debtors` Investments Goodwill. Current liabilities Current Asset. Current Asset.
planned budget & actual purchase budget & overhead planned budget &
398 Variance report is the difference between the outcomes of a company material cost& labour cost budget cash budget & fixed budget. budget. actual budget
If a bar bender working on a construction site meets some accident during his Yes eligible & under Not eligible & under Yes eligible & under
holiday when he is called for extra work and losses his one left leg. Is is eligible Not eligible & Under workman` s Compensation workman`s compensation yes eligible & under workman` s Compensation
399 for any accident amount? And under what act? minimum wage act act. act. minimum wage act. act.
Guarantee of employee Guarantee of employee
400 Industrial acts are useful for……… Training to workers. increase production Overconfidence. welfare. welfare.
line, staff & functional line, staff & functional
401 Type of organization preferred to steel industry is line & staff organization functional organization line organization organization organization
A B C D E F G
The meaningful exchange of information between two or more participants is
402 termed as delegation co-ordination controlling communication communication
Tata motors, Hindustan motors contribute in the development of the society has
403 which type of organisation. Private organisation. public organisation government organisation. private -public organisation Private organisation.
404 Tenneco Automotive India refers to which type of company- private limted company partnership company ownership company Co-operative company private limted company
405 Grouping the activities or operations of an enterprise into various unts is refered centralization departmentation delegation communication departmentation
406 The unbroken line of authority from highest to lowest level is known as- stability remuneration scalar chain team spirit scalar chain
407 Man power planning is a function of- organising staffing co-ordinating directing staffing
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
408 mananagement is responsible ? lower management middle management top management none of these. top management
409 Military type of organisation is known as line organization functional organization line & staff organization project organization line organization
410 HSBC is a public sector bank Schedule bank Nationalised bank Foreign bank Foreign bank
411 Framing broad policies in a company is concerned with lower management top management middle management none of these. top management
Following is a goal oriented, continious forward looking, choice making &
412 integrated processs organising planning co-ordinating Staffing planning
Increase International Co- Better acess to external
413 Advantage of Globilization is ……. Operation financing Threat to terrorism Both i & ii Both i & ii
To encourage competition and to remove trade restrictions a policy was
414 established in 1948 WHO LPG GATT IPR GATT
415 In first car was driven on the roads of India 1790 1857 1898 1909 1898
416 Manufacturing sector contributes % India 5% 30% 15% 25% 15%
417 Meaning of is right to command Stability Authority Scalar Chain Initiative Authority
418 Out of mentioned below is not the output of management Desired results Goal Achievement Technology Status in Market Technology
419 The structure of organization depends on Scope of functions Number of Employees Span of control All of the above All of the above
420 Maximum members in co-operative society are 50 100 500 no limit no limit
421 Who gets affected directly or indirectly due to accidents ? Worker Industry Family of worker All All
422 Which is indirect tax Income tax Excise Sales All All
423 Collection of taxes is concerned in Capital Budget Revenue Budget Both None Revenue Budget
A' type of items has % importance due to consumption in ABC
424 analysis 10 - 20 % 15 - 25 % 40 - 50 % 70 - 80 % 70 - 80 %
425 Inventory carrying cost include Storage Cost Insurance Both (a) & (b) None Both (a) & (b)
426 Which is not the disadvantage of ERP? Cost is high Time Consuming Slow decision making Difficult to learn easily Slow decision making
427 Quality is defined by Manager Engineer QC in charge Customers Customers
Finance operating losses
particularly in the initial Pay wages and salaries to establish good relations with decide basis for expenditure Pay wages and salaries to
428 Working Capital is required to years of business. employees existing financers of capital employees
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
days of the death or serious bodily injury, send in the prescribed
form a report to the for employee's compensation giving
429 circumstances . 8, Collector 7,Commissioner 10,Inspector 11, Doctor 7,Commissioner
A B C D E F G
430 In which year the value added tax was introduced 2001 2005 2000 2002 2005
431 What are the types of Capital Fixed and Unfixed Favourable and workable Small and Big Fixed and working Fixed and working
432 A document that authorizes one to carry out a specific job is called : Factory act Safety Schedule Work permit Lethargy Work permit
433 Fire in industry is due to: short circuit Fuel Ignition All of the above All of the above
434 Suggest a Suitable form of ownership for a bicycle repair business. Public limited Private limited Partnership None of the above None of the above
A Company can be formed by minimum 2 and
435 maximum 50 members. Public limited Private limited Partnership None of the above Private limited
Medium and large Medium and large
436 Line and Satff Organisation is Suitable for Small Enterprises Enterprises Large Enterprises Non od the above Enterprises
437 Who developed a theory on Motion Study Taylor James watt Gilberth Peter Druker Gilberth
438 is a policy making function Production Plan work Administration Administration
439 Which one of the following is not a service industry Hotels & Restaurents Transportation Hospitals Manufacturing Manufacturing
440 Which one of the following is not a process industry cement industry Steel industry Food industry Heavy Engineering Heavy Engineering
441 India adopted LPG Policy in 1950s 1980s 1990s 1970s 1990s
A and a are the two major books used to ledger and maintenance
442 maintain accounts Journal and Diary Diary and Maintenance book Journal and ledger book Journal and ledger
444 Excise duty can be levied on those goods which are Manufactured in India Sold in India Removed from the factory None of the above Manufactured in India
particularly critical in often managed by the often managed by the
445 C items in ABC analysis are: reviewed frequently. financial terms. ordered frequently. supplier. supplier.
Which one of the following is not a requirement for effective inventory A system to keep track of A classification system for Reasonable estimates of Using an EOQ model for Using an EOQ model for
446 management? inventory on hand inventory items holding and shortage costs determining order quantity determining order quantity
also called part lists or building lists is the document MRP (Material MPS ( Master Production ERP (Enterprise resourse
447 generated at the design stage Requirement Planning) BOM ( Bill of Materials) Schedule) Planning BOM ( Bill of Materials)
requires explosion of the bill requires explosion of the bill
of material as the basis of of material as the basis of
448 A material requirements planning (MRP) system: controls the "A" items. maximizes inventory. planning. minimizes the use of data. planning.
is the task of buying goods of right quality, in the right
449 quantities, at the right time and at the right price Supplying Purchasing Scrutinizing None of the above Purchasing
An ERP system automates much of the “back-office” work involved in fulfilling
450 customer demand. “Front-office”, in this context, refers to : Information Employees Customers Database Database
451 Which of the following document is included in the quality system quality policy Customer focus Commitment All of the above quality policy
focusing on customer striving for continuous involvement of the entire
452 Characteristics of total quality management include: satisfaction. improvement. work force. All of the above All of the above
453 Which of the following is the example of empowerment Quality Circle Training and development TQM None of these Quality Circle
454 Six Sigma methodology defines three core steps. analyze, improve, control analyze, design, verify define, measure, analyze define, measure, control define, measure, analyze
455 The ISO quality assurance standard that applies to software engineering is ISO 9000:2004 ISO 9001:2000 ISO 9002:2001 ISO 9003:2004 ISO 9001:2000
456 Income tax is paid by individual to central government is . a direct tax wealth tax property tax service tax a direct tax
457 Which of the following is negative effect of the Globalization? Monopoly in business Increased Job opportunities Technology Transfer Improved economy Monopoly in business
458 Following is not the textile industry Arvind Welspun IBP Century IBP
To avoid heavy mental
459 Out of following which is not the objective of good plan? To reduce uncertainty To increase productivity pressuress To get money To get money
A B C D E F G
are Balaji Telifilms,Bank of Maharashtra,Bata India
460 Limited,Bharat Fertilizers Ltd etc. Government Departments Public companies public corporations all of the above Public companies
461 could be manager,organizer,adviser,or controller. Sleeping Partner Active partner Secret partner Nominal partner Active partner
462 Which source of income is specified under - IT act, 1961 Salary Business profits Income from capital gains All All
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
463 business or to pay debt. Retained earnings Depreciation provisions Deferred taxation All of the above Retained earnings
is an agreement in which customer can purchase goods on
464 account that is without paying cash or paying the supplier at a later date. Credit facilities Trade credit Shares Debentures Trade credit
Debenture holders have no
Debentures carry a fixed Interest is payable only control on affairs of the Interest is payable only when
465 Which is worng statement? rate of interest when there is profit company All there is profit
to produce or store right To store material from right Preparation of purchasing
466 The objective of the purchasing material and reliable supplier budget Both ( Option i & ii) Both ( Option i & ii)
Easy to implement without All functions are inter- Easy to implement without
467 Which is not the advantage of ERP? any training Easier decision-making connected System carries all data any training
Statement 1 - Quality circle is a problem solving technique Statement 2 -
468 Quality circle is responsibility of management Both 1 and 2 correct Both 1 and 2 wrong 1 correct, 2 wrong 1 wrong, 2 correct 1 correct, 2 wrong
week, he shall be entitled to wages at the rate of twice his ordinary rate of
469 wages. more than 9 less than 9 more than 8 less than 8 more than 9
As per factory Act, a factory is a place which uses electricity for manufacturing
470 process with minimum workers. 10 workers 20 workers 30 workers 40 workers 10 workers
In firm there could be two or even more than two partners are there single ownership (private
471 who share all profits and expeneses. undertaking) partnership joint stock companies cooperatice organization partnership
472 Which is the correct limitation of project organization? Heavy pressuress of work complication of functions Differences of opinions All of the above All of the above
473 The is also known as working partner. Sleeping Partner Active partner Secret partner Nominal partner Active partner
Bothe Horizontal and Bothe Horizontal and
474 Line and Staff oraganization is Horizontal Vertical Vertical None Vertical
475 Which of the following is part of Directing ? Leadership Communication Motivation All of the above All of the above
476 There are three conditions or factors that affects decision making as follows: Certainty Risk Uncertainty All of the above All of the above
477 Management is getting the things done by others is said by Henry Fayol Drucker Mery parker Fayol Mery parker
478 Hospitality industry categories Food and beverages Accommodations Travel and tourism All of the above All of the above
Shamrao Vitthal Co-
479 Indian central bank is oprative Bank (SVC) State Bank of india(SBI) Central Bank of India(CBI) Reserve Bank of India(RBI) Reserve Bank of India(RBI)
480 Following is the main destination for capital inflows india USA Pakistan Australia india
481 Tax revenue comes from Income Property Commodities All All
482 India's Tax structure is in nature Progressive Aggressive Cumulative None Progressive
year for the purpose of sale. When goods purchased are returned is referred as Office administrative
483 purchase return. Opening stock Purchases Sales expenses Purchases
include maintenance of office, administration and Office administrative Office administrative
484 management of the company or organization. Opening stock Purchases Sales expenses expenses
485 Minimum capital required for day to day functioning is called is Block capital Fixed capital Seasonal working capital Permanent working capital Permanent working capital
A B C D E F G
486 Examples of office and administrative expenses are Telephone Telegram Postage All of the above All of the above
is an intelligent activity includes decision making, selection
487 of vendors etc. Purchasing Purchasing department Procurement Purchase order Procurement
Slow, never ending, continuous improvement in all aspects of life is
488 QA QC TQM Kaizen Kaizen
489 Agriculture provides employment to almost % of Indian work force. 40 70 50 none of above 50
490 Which one is backbone of Indian economy? Banking IT Textile none of above Banking
491 Hospitality falls under sector. public retail service none of above service
492 Which one is a long term goal? plan innovation operation vision vision
493 The broad objectives and policies are decided by: Regional Manager Marketing Manager Chief Executive Officer Production Manager Chief Executive Officer
Critical activities in a Predetermine duration and Details of design of a Predetermine duration and
494 Gantt chart represents- project actual progress of activities project none of above actual progress of activities
Good or salaries motivate people to work efficiently and make them
495 satisfied and eventually they become loyal to the organization. Unity of direction Discipline Remuneration None of them Remuneration
Utilisation of the The policies of governance The policies of governance
Arya Chanakya's Arthashatra written in the 3rd century BC provides guidelines How to work efficiently organization's strengths and of a kingdom and people The policies and objectives of a kingdom and people
496 for- and effectively the importance of discipline management of an organisation. management
Predefined, clear policies Right division of authority Effective communication
497 The main components of organization are: and procedures and responsibility system All of the above All of the above
498 Which type of companies collects the capital from private partners? Private limited Public limited Both i and ii None Private limited
The mainly focuses on the specialized area of the person and the person
499 does the same job. This is also known as staff organization type. Line organization Line and staff organization Functional organization All of the above Functional organization
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
500 education 4. Reserve Bank of India d. Currency convertibility 1-a, 2-b, 3-d, 4-c 1-c, 2-b, 3-d, 4-a 1-c, 2-b, 3-a, 4-d 1-c, 2-d, 3-a, 4-b 1-c, 2-d, 3-a, 4-b
501 Which fire fighting device is it? Fire hydrant Fire mains Fire extinguisher None of these Fire extinguisher
502 No adult worker shall be required or allowed to work in a factory on Monday Thursday Weekly holiday None of the above Weekly holiday
Knowledge of and is sufficient to understand the size, scale Total revenue, Net profit Total revenue, Net profit
503 and financial position of a business. (loss) Profit, Loss Account, Revenue Profit, Expenses (loss)
504 What is function of inventory? Minimize the lead time Updated record keeping Accurate record keeping All of the above All of the above
Cost of packaging of Cost required for movement Cost required for movement
505 Freight cost means- material Inspection cost Cost to be paid by customer of material of material
Prompt supply of finished Prompt supply of finished
506 What do you mean by services to customer? Economy is buying Continity to customers parts to customer None of these parts to customer
507 Red tags are used in which step of 5 "S" ? Set in order Sort Standardise Sustain Sort
group of technique to individual technique to put
508 What is Brainstorming? create new ideas on act new ideas on act Both (A) and (B) None of these Both (A) and (B)
management. 1. Quality Control 2. Inspection 3.Quality assurance 4.Total
509 quality management 2,3,1,4 2,1,4,3 1,2,3,4 2,1,3,4 2,1,3,4
Information Technology Information Technology Information Technology Information Technology Information Technology
510 What does ITES stands for ? Extended Service Enabled Services Education Services Energy Services Enabled Services
511 can be called as "leading", "motivating", "actuating" and so on Planning Organizing Controlling Directing Directing
A B C D E F G
Which one is the process of getting activities completed efficiently and
512 effectively with and through other people. Leading Controlling Supervision Management Management
513 Advantage of centralisation : Greater quality Greater control Greater fluency of work None of above Greater control
514 Which type of authority figure refers to: Process Line Staff Functional Staff
What sort of company is Infosys today? Well there are shares of company which
are traded in a stock market people can buy and sell them. The company started
in July 1981, at Pune with a capital of Rs. 10,000/-. At that time it was a Private
515 limited company. Private limited Public Limited Government Public corporations Public Limited
Safe workplace and working Safe workplace and working
516 Preventive measures that can be taken related to working environment are Atmospheric conditions Dangerous fumes Working with unsafe speed conditions conditions
517 Financial activities are Planning Budgeting Raising All of the above All of the above
The amount to be collected by a company is divided in equal number of parts
518 known as ------- Shares Capital Management None of these Shares
When the company has confirmed export order and is in need of finance, the
519 banks provide short term credits known as - Export finance Import duty Import Finance None of these Export finance
The term means a loan in which the lender buys and owns equipment and then
rents those equipments it to a business at some flat monthly rate for particular
520 period or certain number months. Bank loans Hire purchase Equipment leasing All of the above Equipment leasing
The purchasing function plays the role of mediator between and
521 for purchase of material. Vendor, control Organization, control Vendor, organization Organization, vendors Vendor, organization
522 Which one is a control chart ? Q chart M chart C chart S chart C chart
To attempt and make To develop quality of
523 The first preference in the components of TQM is continuous improvement products To the customer To give training To the customer
Data Collection and Problem solving and Data Collection and
Analysis, Review and Analysis, Review and Data Collection and Problem solving and Analysis, Review and
524 Observe the figure and find out the missing steps - Decision Decision Analysis, Policy making Analysis, policy making Decision
525 Decision making means- Taking decisions Solving the problem Selection of proper key All of the above All of the above
is an activity which defines the steps of how and when work
526 will be done effectively Directing Planning Organizing Controlling Planning
527 Management causes- Mis-communication Wastage of resources Mis-coordination None of above None of above
528 Which is not the advantage of globalization Competition Foregin investment Loss of culture None of the above Loss of culture
529 Banking sector involves Regional Banks Private Banks Commercial Banks All of above All of above
530 Name the leval Organisational leval Scientific leval strategical leval None of the above strategical leval
531 The Principles of organization are- Span of control Division &grouping of work Proper delegation of wok All of above All of above
532 Indetify the Organization structure Departmentation Administration Functional organization none of the above Departmentation
533 What is proprietorship ? Combined ownership Partenership Individual ownership None of the above Individual ownership
534 More than 20 person are involved in…….. Joint stock Partenership Both i)&ii) None of the above Joint stock
535 Accidents due to lack of maintenance of plant is because of Machine Natural Disaster Management worker Management
536 In which year was Factory act enacted to ensure the safety of workers? 1952 1948 1975 1980 1948
537 improves the safety in an industry Good house keeping Reduced noise level Material handling system All of above All of above
An unsecured loan that one offers to company as a creditor is known
538 as Shares Debentures Stakes None Debentures
A B C D E F G
is a method of buying goods by making installment
539 payments over the period of time Bank loans Hire purchase Sale and lease back All of the above Hire purchase
Vijay received a car in his marriagefrom relatives of his uncle.Which tax will be
540 applied on him Income tax Gift Tax Service Tax Estate Tax Gift Tax
541 contains an estimate of direct labour required in industry Production budget labour budget Fixed budget None of above labour budget
542 Which inventory includes the raw material required for industry ? In-process inventory Finished inventory Indirect inventory None of above None of above
543 Which is the ERP software from below list SAP Peoplesoft Tally ERP None of above None of above
544 What does the graph indicates EOQ analysis ABC analysis Purchasing analysis All of above ABC analysis
545 DMAIC' concept comes under which method 5' s Six sigma Kaizen TQM Six sigma
546 Which is the standard for quality management system None of below ISO:9001:2008 ISO:9001:2000 ISO:9001:1996 ISO:9001:2000
547 Fill in the stages of DMAIC Measure ,Include Manage,Indicate Manage, Improve Measure, Improve Measure, Improve
548 created and established the'5's technique Gilberth F.W.Taylor Henry Feyol Prof. sam Ho Prof. sam Ho
549 has helped in increasing environmental protection in developed L-P-G Globalization Liberalization Privatization Globalization
550 in an organization as a blend of kindness and justice. Scalar chain Order Equity Unity of commands Equity
551 produces best result in terms of productivity. Communication Motivation Leadership All of the above Motivation
552 What is the function of administration ? Planning Motivating Decision making All of the above Decision making
553 If specialization or is not used , the work done cannot be satisfactory. Discipline Division of work Authority and responsibility All of the above Division of work
Generally flow of chain or direction of chain is from highest
554 organization authority to the lower ranks Scalar chain Centralization Discipline Unity of commands Scalar chain
555 Identify the process from figure Coordinating Decision making Motivation Controlling Decision making
556 is accountability . Authority Responsibility Banking All of the above Responsibility
557 allows bending and blending without experiencing any grave setback or Flexibility Balance Stability None of the above Flexibility
558 are Life Insurance Corporation of India (LIC) Public corporation Government departments Public companies All of the above Public corporation
Government provides No limitation for business No limitation for business
559 In Joint stock private Limited company capital activities Government ensures control Both i and iii activities
560 Workman Compensation Act came into force from 1st January 1924 1st July 1925 1st June 1924 1st July 1924 1st July 1924
561 Following is the health provisions Fencing of machinary Washing facility Cleanliness All of the above Cleanliness
is the life blood of a business enterprise.It is a universal lubricant
562 which keeps an enterprise dynamic VAD Budget Capital Finance Capital
563 is used for all the current assets(Possesions or Property) Net working capital Gross working capital Temporary working capital Permanent working capital Gross working capital
564 For big industries , the amount of is very large. Depreciation provision Retained provision Deferred provision All of the above Deferred provision
A is one which relates to any of the function of an undertaking e.g
565 sales , production , cash , etc. Functional budget Fixed budget Variable budget All of the above Functional budget
is a form of Indirect tax imposed on specified services called "
566 Taxable Services". Service tax Indirect tax Direct tax Income tax Service tax
is made oup of list of the sub assemblies as well as components that Master production
567 makes up the end product . schedule Bill of material Material resource planning Inventory record file Bill of material
Identify ways to increase Increases the cycle time for Identify ways to increase
production capacities of hiring and training new production capacities of
568 Apllication of six sigma are Maximize quality present equipment employees in organization All of the above present equipment
Objective related Objective related to
569 A quality policy makes a foundation for Commitment to quality improvement customer requirements All of the above All of the above
A B C D E F G
570 A plan for the co-ordination of resources and expenditures Accounts Finance Ledger Budget Budget
571 Which one of the following is not a type of share Cumulative share Fixed share Deferred share Preference share Fixed share
572 The sum that every shareholder gets is known as Amount Dividend Shares Capital Dividend
573 Person whose age is below 18 years is called a Dependent Workman Minor None of above Minor
574 Industrial accidents are of the following types: fatal major minor All of the above All of the above
In order to have flexibility,the maintenance activities must be supported by ---
575 activities Co-ordinate Adaptive Supportive Financial Adaptive
576 Departmenatation helps to improve ------- of an orgnasation. Effectiveness Life Quality Skills Effectiveness
577 A business plan depends upon the information of Product Material Finance Market Market
578 is the right to issue order or make decisions To manage Government policy Supervise Authority Authority
579 The function of employing eligible people for the company Planning Staffing Stretegy Mission Staffing
580 According to Drucker the purpose of business To get money To acquire success in market To satisfy customers To create and keep To create and keep
581 What does a business provide to the custmer in exchange of their money Goods and services Profit and services Satisfaction and reliability Knowledge and happiness Goods and services
582 Main heads of income are Salary House property Profit in business All of the above All of the above
Working Capital=Current Capital=FixedAssets- Working Capital=Current Working Capital=Current
583 Working Capital is calculated as Assets-Current Liabilities Current Liabilities Assets-Fixed Liabilities None Assets-Current Liabilities
584 Which are the most important items A item B item C item None of these A item
585 Fill the name of inventory in the blank space provided Raw material Indirect material Work in progress Finished goods Indirect material
586 Purchasing is one of the funcion of ------- management Production Material Design None of these Material
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
587 inventory Item A Item B Item C Item A and C Item C
State owned or Co-operative businesses have one of their main objectives as the (c) Service the
588 generation of…………. (a) Loss (b) Profit society/nation (d) none (c) Service the society/nation
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
589 to make a profit is called (a) Budget (b) Business (c) Hospital (d) Education (b) Business
590 Following are mentioned few duties.Which is not the duty of management? a)To keep stability b)To reduce wastages c)To motivate staff d)To do manufacturing d)To do manufacturing
591 …………gives power in the hands of centre. a)Responsibility b)Centralisation c)Authority d)Discipline b)Centralisation
592 Which of the following is one of the principles of organization? Order Span of Control Scalar Cahin None of the above Span of Control
593 Which type of organizational structure can be applied to small scale Industry? Line Line & Staff Functional None of the above Line
594 What is the function of Gang Boss? Repairing of Machines Setting up Jobs on Machine Deciding cutting tool and Inspection Setting up Jobs on Machine
595 Which of the following is type of Departmentation? By Product By Design By Quality None of the above By Product
596 Which of the following is not a form of ownwrship? Joint Stock Proprietorship Partnership Dealership Dealership
a)Overconfidence of a)Overconfidence of
597 Which of the following may be the cause of accident? employee b)Proper Training c)Sound Knowledge d)None of the above employee
598 Which of the following is preventive measure of accident? a)Proper working b)Proper wages c)Proper feedback system d)None of the above a)Proper working condition
599 Finance may be defined as art & science of ……….. Managing Material Managing Money Managing Men Managing Machinery Managing Money
600 Fixed capital is the capital which is needed to meet the……….. Short term purpose Long term purpose Medium term purpose None of the above Long term purpose
601 Balance sheet is a statement of…………… a)Assets b)Liabilities c)Capital d) All of the above d) All of the above
602 A fee levied by a government on a product,income or activity is called Tax Duty Fines None of the above Tax
603 Excise tax are………….. Tax whereas custom duties are .................... taxes a)Inland,Border b)Border,Inland c)Higher,lower d)None of the above a)Inland,Border
A B C D E F G
604 Percentage of total inventory for "A" category material is…………. a)less than 10% b)10-20% c)70-80% d)None of the above a)less than 10%
oney,Methodology,Mobilit b)Men,Machine,Money,Mat c)Management,Marketing,m b)Men,Machine,Money,Mat
605 The five great "M" of management are y erial,Method aterial,Mobility,Men d)None of the above erial,Method
606 Inventory Control is concerned with…………. a)Acquisition b)Storage & Handling c)Use of Inventories d)All of the above d)All of the above
a)Order quantity & b)Purchase cost & selling c)Procurement cost & c)Procurement cost &
607 Total Cost is calculated by adding carrying cost cost carrying cost d)carrying cost & tax carrying cost
608 Objective of Quality Circle is…. To identify problems To solve the problems Both a & b None of the above To identify problems
Indian Standard International Organization Indian Organization for International Standard International Organization
609 ISO stands for……. Organization for Standardization Standardization Organization for Standardization
610 Which of the following words does not include in 5S? a)Sorting b)Straighten c)Shining d)Safety d)Safety
611 Which one of the following is the leading software exporter from India? a)Banglore b)Hydrabad c)Chennai d)Mumbai a)Banglore
612 reduces uncertainty a)Working b)Planning c)organising d)Leading b)Planning
613 is the judgement of future a)Forecasting b)Planning c)Mission d)organising a)Forecasting
614 The process of inspiring the subordinates to put in their best is known as a)Motivation b)Teamwork c)Management d)Leadership a)Motivation
615 Which is not type of communication a)Voice mails b)publications c)formal presentation d)listening d)listening
616 The process of monitoring,comparing & correcting is called a)Coordinating b)controlling c)leading d)organising b)controlling
617 For a manager,to control or direct the work to an employee,the manager must a)Line authority b)responsibility c)Referent power d)Staff authority a)Line authority
618 Who is responsible for the actual operations of various departments? Top management Board of directors Misddle management Frontline Management Misddle management
619 Getting work done with a minimum of effort,expense or waste is the definition Efficiency Effectiveness Productivity Palnning Efficiency
620 Day as per factory act is : 6am to 6pm period of 12 hours period between 2 midnights None of the above None of the above
621 Financial management aims at financial control control of cash Management of earnings All of the above All of the above
622 Working capital is the capital which is needed to meet the………… Day to day transaction Short term purpose Long term purpose None of the above Day to day transaction
budget is the projection of cash inflow & outflow for a particular time
623 period in future cash sales material capital expenditure cash
624 The balance sheet shows liabilities & assets of the a)sales b)company c)production d)owner b)company
625 Inventory control means timely availability of all kind of materials a)true b)false c)cant predict d)partly true a)true
626 5"S" designed to organise work increase efficiency create a safe work place all of these all of these
627 Cause and effect diagram is used in problem identification field visits vendor surveys problem analysis problem analysis
To protect the employees To protect the employees
628 Why safety is necessary in Industry? from injuries or accident To minimize wastage To increase productivity All of the above from injuries or accident
629 Daily working hours of an adult worker should not exceed 6 hours 8 hours 9 hours 10 hours 9 hours
630 How many members are required to start a public limited company? Minimum 7 Minimum 2 Minimum 3 None of the above Minimum 7
631 Which of the following should be included in partnership deed? Nature of the business Date of starting partnership Shares of profit and losses All of the above All of the above
632 In private limited company number of members are limited to 100 150 50 60 50
633 Business owned by single person is known as Proprietorship Private limited Partnership Joint stock Proprietorship
634 Proportional development of each department means Balance Stability Flexibility Progress Balance
635 Passing down some work to his/her subordinates is known as Delegation Flexibility Authority Responsibility Delegation
636 Which of the following function of management includes recruitment? Planning Coordinating Decision making Staffing Staffing
637 Which of the following includes in Top level management? Directors CEO General Manager All of the above All of the above
638 Which of the following post comes under middle level management? Director Branch Manager Foreman Supervisor Branch Manager
639 Frank B. Gilbreth worked on Human relation Time and Motion study Daily Balance sheet None of the above Time and Motion study
640 Government established SEZ are for motivating Textile Industry Banking sector IT Industry All of the above IT Industry
A B C D E F G
641 Which of the following is programme undertaken by Government of India? Rashtriya Krishi Vikas National Food Security National Horticulture All of the above All of the above
642 Producing more useful product from raw material is known as Trading Service Designing Manufacturing Manufacturing
Industrial financial Industrial development
643 Financial Institutions Insurance companies management corporation All of the above All of the above
Shares do not have Shareholder is the real
644 Shares means maturity period owner of the company. Only a Both a& b Both a& b
Unsecured bonds issued It have fixed rate of interest
645 Debentures is an by company. & fixed maturity period. Only a Both A & B Both A & B
Shows departmental budget
& Gives total no of
estimation production,
646 Productions budget shows Shows productions Shows quality and quantities scheduling of operation All of the above All of the above
Material Requirement Management of Resource Material Requirement
647 MRP is Maximum Retail Price Planning Material Reliable Planning Project Planning
648 ABC is Always Better Control Always Basic Control Always Better concept None of the above Always Better Control
The cost represented by material fluctuates and may comprise between % of
649 the total project cost. 20-50% 25-50% 30-60% 25-45% 20-50%
650 5. Percentage of total inventory for „C‟ category material is Less than 10% 10 to 20% 70 to 80% None of the above 70 to 80%
Team work, trust and Establishing clear Identify customers and their Establishing clear
651 Which of the following is not a key feature of TQM? Continuous improvement empowerment specification needs specification
A) Legal Process B) Limited Process C)Limited Procedure D) Last Procedure A) Legal Process
652 LPO stands for ------- --. Outsourcing Outsourcing Outsourcing Outsourcing Outsourcing
653 Annual growth of approximate is recorded in last five years by service A)10% B)30% C)20% D)5% B)30%
Huge amount of foreign
654 Following is not advantage of globalisation Increased competition investment Access advanced technology Access to external financing Increased competition
655 Following is not principle of management- Initiative Scalar chain Staffing Responsibility Staffing
can be defined as the process by which a manager guides and influences
656 the wotk of his subordinates communication leadership motivation All of the above leadership
657 The process transforms plans into reality Planning Organizing directing All of the above All of the above
Easy communication
658 Advantages of line organization are among employees almost no cofusions exists Working speed in fast All of the above All of the above
659 Which is not the effect of accident on the worker ? Production stoppage Injury to body Loss of job Financial loss Production stoppage
660 Internal sources are Retained earnings Depreciation provisions Deferred taxation All of the above All of the above
Time required for
manufacturing/selling the Credit facilities offered by Credit facilities offered to
661 The amount of working capital required depends on product suppliers the customers All All
662 The budgeting process usually begins with a budget Master Sales Materials Direct labour Sales
is an instrument of management used as an aid in planning ,
663 programming and control of business activity Finance Capital Budget VAT Budget
is the process of verifying or determining whether products or services
664 meet or exceed customer expectations Quality assurance Quality Control Quality circle Quality management Quality assurance
665 IT sectors involves ITES Telecommunication Both i&ii None of above Both i&ii
A B C D E F G
666 heanry foyal proposed no. of principle of management 10 20 14 30 14
667 gives power in the hands of centre responsbility centralisation authority dicipline centralisation
668 concetration in work is possible by unity of cammand responsbility stability authority stability
669 Meeting is the communication written non verbal formal both i&ii formal
Because of
specilization,responsbility Expert advice can be better quality of products
670 merits of functional organization are fixed received can be produced all of the above all of the above
671 which are the essentials of organization organizational chart delegation integration all all
672 Minimum number of directors in public limited company are 7 2 10 3 3
673 Short term sources for finance are required for 0 to 1 year 1 to 5 year above 5 year none 0 to 1 year
674 Important terminologies related to profit and loss account Opening stock Purchases Sales All All
675 C' types of items of inventory are generally %of all Inventories 20 30 50 80 50
676 Procurement activity is and takes more time simple Complicated Difficult none Complicated
677 The keeps a track of inventory status for each items in the database lead time BOM inventory record file Product structure inventory record file
678 Carrying cost consists of Interest on capital Storage cost Up keep inventory all all
679 Quality can not be Compromised Enforces discipline invisible none Compromised
680 adopts the policy of zero defect . There is no scope for rework and Deligation Globalisation TQM EOQ TQM
681 realise on the use of normal distributions to predect defective rates 5S Six sigma ERP EOQ Six sigma
may result in 25 to 30 suggestion per employee , per year and over 90 % of
682 those are implemented . Kaizen 5S TQM Six sigma Kaizen
small concerns free from automatic & continuous
683 Line organization is suitable for complexities process a&b larger enterprises a&b
684 The process of grouping is known as specialization departmentation coordination all of above departmentation
685 Span of control may vary between 1 to 10 5 to 7 2 to 20 all of above 2 to 20
686 Follwing is not a type of organization project line process functional process
687 Scientific management could be summarized as science, not rule of thumb harmony, not discord cooperation, not all of above all of above
688 Henry Fayol is the father of principle of management functions of organization theory of management none of above principle of management
689 Middle management includes superintendents supervisors Owners foreman superintendents
690 administration consist of deciding group of persons goals policies b&c b&c
691 Following is not a function of management forecasting directing motivation purchasing purchasing
assigning peoples to providing suitable physical indicating the relative
692 Organising has following objective activities factors authority all of above all of above
693 Which is a example of process industry BHEL Ranbaxy Raymonds RCF Ranbaxy
694 Which is the example of trader sub dealer distributer retailer all of above all of above
695 Business is a legally recognized organization which provide goods money services goods & services goods & services
696 A public limited company is an association of a minimum members 7 10 20 50 7
697 Which is a category of cause of accident social environmental personal b&c b & c
698 Minimum rates of wages may be fixed by by the hours by the day by the month all of above all of above
699 Followings are fixed capital furniture land equipments all of above all of above
700 Financial statements include profit & loss statement ledger book balance sheet both A and C both A and C
701 Sources of working capitals are land dividends long term borrowings b&c b&c
A B C D E F G
A right granted to an individual or group to market a company's product within a
702 certain territory is trade credit franchising cash credit discounting of bill franchising
703 Which of the following factors affect a production budget inventory policies plant capacity continuity of production all of above all of above
704 A detailed list of movable items which are required for manufacturing is purchase order inventory balance sheet account statement inventory
avoid over-stocking & to maintain investment in to keep material cost under avoid over-stocking &
705 Which is the operational objective of inventory management under-stocking inventory control b&c under-stocking
706 ABC analysis is based on the principle vital many-trivial few vital few-trivial many only vital only trivial vital few-trivial many
707 % of total consumption cost for B class items is 15 to 25 10 to 12 50 to 60 95 to 100 15 to 25
708 EOQ can be used by departmental stores make-to-stock manufacturers a&b none of above a & b
709 Elements of quality circles are top management facilitator middle management a&b a&b
A nominated senior person of an area & ought to catalyze & stimulates the
710 quality circles is coordinator facilitator circle leader member facilitator
711 Defect rate in 3 sigma level is 6210 66807 405 233 66807
712 Which is not a type of working capital? Temporary working capital Gross working capital Legal working capital Net working capital Legal working capital
A ---------- is a book or computer file in which all monetary transactions are
713 originally entered. Budget Journal An Account Ledger Journal
714 Fixed capital is required for ---- --. Land Equipment and Machinery Building All All
715 Which is not included in "Wage" under "Minimum Wages Act"? Gratuity Travelling Allowance P.F All All
716 From following types of act which is not a type of Industrial Act? Factory Act Rowlatt Act Workmen compenation act All of the above Rowlatt Act
717 Which is not the advantage os joint stock compaany? No Autocracy Effective division of work Easy to form Buisness life is longer. Easy to form
718 Functional organisation is suitable for---------- --. SSI For highly specialised work LSI MSI & LSI For highly specialised work
719 Which type of organization structure is shown below? Line Organization Functional Organization Line and Staff Organization None of the above Line and Staff Organization
720 About 'Sleeping Partner' which statement is wrong? Do not share profit / loss They do investment Do not active in daily work Also called as silent partner Do not share profit / loss
721 What is like a brake system in automobiles? Management Planning Controlling Directing Controlling
722 Insurance which provides protection against loss or damage caused by Volcano Insurance Terrorism Insurance Wind Storm Insurance Crop Insurance Wind Storm Insurance
723 It is not a type of Buisness Service Manufacturing Trade Hospitality Hospitality
724 Bonds/Debentures or Team loans from Banks are called as ---- --. Share Capital Other long term liablities Reserves and Surplus Long term provisions Other long term liablities
Goodwill,Brands/trademarks,Compuer Software ,Mining rights,Copyrights &
725 patents are known as------ Tangible Assets Capital work-in-progress Intangible Assets None Intangible Assets
726 #NAME? MRP MPS ERP TQM ERP
727 Economic Order Quantity of material takes into account ordering costs and ------- Carying Costs Lead time Re-order level Maximum level Carying Costs
728 Modern Technique of Mateial management is ----- --. ISO MRP TQM EOQ MRP
729 Order costs and Carrying costs are ------ --. Fixed Variable Semi-Variable Indirect costs Variable
A long term investment or A short term investment or A long term investment or
730 One of the principles of TQM, Quality is --- --. asset asset Not an investment or asset None of these asset
Sort-Set in order-Shine- Sort-Set in order-Shine- Sustain-Standardize-Shine- Set in order-Standardize- Sort-Set in order-Shine-
731 5S includes the phases in following order----- Sustain-Standardize Standardize-Sustain Set in order-Sort Shine-Sort-Sustain Standardize-Sustain
732 the occupation of a farmer falls under primary sector tertiary sectory secondary structurs manufacturing sector primary sector
733 the ------ sector of India attracts the highest foreign investment chemical pharmaceutical textile information technology information technology
734 the relaxation of rules and regulation on industries is known as liberalisation privatisation modernisation industralisation liberalisation
735 the author of principles of scientificmanagement was F.W.Taylor harold koontz mary follet None of the above F.W.Taylor
736 the fourteen principles of managent were put forth by Henry Feyol F.W.Taylor Gilberth Juran Henry Feyol
A B C D E F G
737 forecasting is Thinking before doing judgement of future Thinking during doing deciding in advance judgement of future
738 the right to issue orders or make decisions is called responsibility authority supervision controlling authority
739 Ashoka hotel near by house is owned by my friends father ,it is example of proprietorship Partnership public sector Joint Stock Company proprietorship
My friend met with a car accident because the brakes could not be applied this Mechanical causes of an Mechanical causes of an
740 can be termed as which form of accident Accident Natural Cause of an accident Human error All the above Accident
741 Various Cost associated with ordering and receiving goods are known as holding cost procurement cost Resource Planning inventory cost procurement cost
742 the integration process of business management is called EOQ ABC Analysis ERP None of the above ERP
743 Customer should be the focus is an important attribute of Total quality management quality control quality assurance i, ii, iii, and iv Total quality management
All those who are working
744 the helps in finding the key cause of a problem Pareto's chart in the organisation All those who are managers brainstroming Pareto's chart
rajesh is an working for state electricity board, he has to attend a order from the local
745 complain,before going to atttend the complain he has to take. licence work permit authority none of the above work permit
share holders become the share holders become the
one is borrowed from the one is the contribution of the owners of the company and owners of the company and
bank the other one from individual the other is from debenture holders are the debenture holders are the
746 identify the major difference between share and debenture public public creditors of the compnay there is no difference. creditors of the compnay
747 one of the following is not a part of material resource planning production schedule bill of materials inventory records details of the employees details of the employees
748 In ABC analysis items are costly and significant A items B items Citems none of the above A items
749 It is not one of classification of Inventory, Raw Inventory In process inventory Finish inventory All of the above . All of the above .
Equipments and machinery Equipment andf plant Transport and shipping Equipments and machinery
750 Which of the following is a fixed capital,? cost Payment of employees maintenance cost expenses. cost
751 Causes of accidents can be, Technical cause Mechanical cause Personal factor All of the above . All of the above .
752 is the ability to influence or to cause a person to perform and act. Power Authority Position Efficiency Authority
753 Which are the aims of forming an organization? Team work Combined efforts Responsibility on all All of the above All of the above
754 The first and foremost activity of management is , Designing Organising Planning Staffing Planning
755 Which is not the part of 4 M's management, Man Motivation Machine Money Motivation
756 GATT is created in 1950 1947 1948 1951 1947
757 The WTO gave a real boost to theprocess of, Globalization Privatization Liberalization Industrialisation Globalization
758 TQM believes in systematic training as a need for achieving Quality Quantity Accidents None of the above Quality
Higher rate of customer
759 Which of the following is not benefit of QMS,? satisfaction motivated employees Continued improvement None of the above None of the above
760 Quality is a concept Relative vacuum Absolute All of the above . Relative
Government owned public Government owned public
761 LIC of India is an example of, Single ownership Partnership limited joint stock company limited
762 First step in decision making is , Finding out an alternatives Evaluation Analysis Recognize the problem Recognize the problem
To prevent exploitation of the employess,this act aims at fixing minimum wages The payment of wages The minimum wages The workmen's The industrial dispute The minimum wages
763 which they must get, act,1936 act,1948 compensation act,1923. act,1947. act,1948
764 Following table is an example of which type of budget.? Direct labour budget Material budget Purchase budget None of the above Direct labour budget
X' company has all database related to employees working with them.It has
765 employed which ERP module? Human Resource Sales and marketing Finance All the above Human Resource
component parts , which then they sell at a profit from the following lists of
766 business sectors. a) Service providers b) manufacturing c) trade d) none of these b) manufacturing
A B C D E F G
767 What do you mean by " Management"? a) an art b) science c)An art and Science d) None of these c)An art and Science
768 Who has enlisted Principles of Management ? a) F.W.Taylor b)Henry Fayol c) Dr. Juran d) Adam Smith b)Henry Fayol
769 Line Organisation is suitable for - a) Small Scale Industries b) Medium Scale Industries c) Large Scale Industries d) All of the above a) Small Scale Industries
The function of management by which it transfers its ideas and information to
770 subordinates is called : a) Planning b) controlling c) Motivating d) Directing d) Directing
771 Which of the following are Principles of Management ? a) Discipline b) Initiative c)Division of work d) All of the above d) All of the above
772 Name the factors in deciding structure of organisation Functional Organisation Specilisation Types of Products All of the above All of the above
773 Line Organisation is observed in which of the following organisations ? Joint stock company Any medium scale company Military All of the above Military
774 Which of the following are forms of Ownership ? Sole Proprietorship Partnership Joint stock companies All of the above All of the above
775 Heat Treatment shop ' in Kirloskar industries is an example of - Departmentation by Departmentation by product Departmentation by process Departmentation by location Departmentation by process
Figure shows organisation structure of one of the departments of ABC Cars Departmentation by
776 Limited . Identify the Method of Departation ? function Departmentation by product Departmentation by process Departmentation by location Departmentation by product
777 Which of the following are types of accidents ? a) Minor Accidents b)Fatal Accidents only a a and b both a and b both
778 Which of the following are silent features of Employee's State Insurance Act a) Finance and Audit b) Contribution and benefits a and b both d)None of the abov a and b both
a) Workmen's b) Industrial Dispute act d) Income ,Payment and d) Income ,Payment and
779 Find the odd one out from the Industrial Acts listed below : Compensation Act,1924 ,1947 Minimum wages Act Wages Act. Wages Act.
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
780 accident . What do you mean by fatal accident ? a) Hospitalisation b) Permanent Diasability c) Major fracture d) Death d) Death
b) Wealth which yields b) Wealth which yields
a) Funds available with income or helps in the c) Funds required for d) Circulating capital income or helps in the
781 Capital can be defined as - owner production of further income establishing an organisation available with organisation production of further income
Income from sales and Sales Forecast and Expenses Products likely to be sold
782 which of the following points highlights Sales budget of an organisation ? sales expenditure for advertisement and salesmanship All of the above All of the above
a) Excise Duty ,Custom a) Excise Duty ,Custom
783 Indirect tax includes- Duty and VAT b) Income Tax c) Wealth tax d) Gift Tax Duty and VAT
784 Canons of Taxation should have- Equity and Economy Certainty and Convenience A and B Both None of these A and B Both
Identify the type of budget to be filled in at the blank space provided in budget
785 sheet. a) Production Budget b) Sales Budget c) Financial Budget d) None of these b) Sales Budget
a) Material Planning and b) Purchasing and c)Warehousing and Material
786 Identify the functions of Material Management- Scheduling subcontracting Hndling d) All of the above d) All of the above
In ABC Analysis which of the following inventory needs full record -keeping
787 treatment and a regrious observation on stock positions of these items ? a)C b)A c)B d) a and b both b)A
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
treatment whereas item C may not require much record keeping. In this system b) Re order level of each c) Consumption value of c) Consumption value of
788 of inventory control the material is devided into A,B, and C on the basis of- a) Material Quantity material material d) All of the above material
789 Which of the following is constituent of Total Quality Management ? Orderliness and Quality of Inventory TPM None of the above Orderliness and Panctuality
790 Which of the following refers to a solution of efficient knowledge Management 5S Six Sigma Kaizen All of the above Six Sigma
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 Workmen's Compensation
791 to use them, is a clause - Factory Act ISO: 9001 Minimum Wages Act Act ISO: 9001
A B C D E F G
Figure shows Working Model of Quality circle of Manufacturing Industry solution to Management , b) 5)Discuss all the a) 5)Selection of best a) 5) Selection of best a) 5)Selection of best
working on a tooling problem.couple of the important step no 5 and 7 are 7) Selection of best solutions, 7) Selection of solution 7) Presentation of solution 7) Test the solution solution 7) Presentation of
792 missing in the model. Correctly identify the steps from the options given below. solution best solution solution to Management whithin Q.C. solution to Management
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
793 and S4 so as to complete 5'S' principle. a) S2-Sort , S4 -Systemize a) S2-Systemize , S4 - Sort a) S2- Solve , S4 -Systemize a) S2-Systemize , S4 -Solve a) S2-Sort , S4 -Systemize
794 Which of the following is not a part of process industry? Base metals plastics Automobiles petroleum Automobiles
Laying out plants,designing and manufacturing machines for industry is done by
795 ------------------- engineering industry Industrial civil mechanical chemical Industrial
796 The significant activities of management are ---------------------- Coordinating Decision making motivating All of the above All of the above
797 Scientific management is one of the areas of --------------------------- school Behavioral school systems school Classical school None of the above Classical school
The number of people working at the lower level is----------------- than that of depends on the type of
798 higher level More Equal Less organization More
799 Duties of administration are ---------------- Policy making Decision making Making necessary All of the above All of the above
800 Quality of leadership is ------------ Forward-looking Intelligent Honest All of the above All of the above
Group is leaded by Important tool of small or large group of
801 Organization has following characteristics executive leader management is organization people All of the above All of the above
Establishing realationsahip
for the purpose of enabling
people to work most The process of identifying
effectively together in and grouping the work to be Defining and delegating
802 Organization can be defined as ----------------------------- accomplishing objectives performed responsibility and authority All of the above All of the above
The makes a combination of the line organization with
803 the staff departments that helps and advice line departmets Line organization Line and staff organization Functional organization All of the above Line and staff organization
The partner who contibutes capital,shares profit and losses of the firm but does
804 not contribute in day to day activities or affairs of the firm is called -------------- Nominal Partner Minor Partner Sleeping Partner Secret Partner Sleeping Partner
805 The Life Insurance Corporation of India (LIC) is Government departments public companies public corporations All of the above public corporations
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 Joint stock private ltd. Joint stock public ltd. Joint stock public ltd.
806 huge scope of business. So "Y" comes under which category? Company Ownership Company Cooperative organization Company Company
807 Which out of the following is not a mechanical factor or cause of accidents ? non-use of safety devices. leaking acid valve. protruding nails broken safety guards non-use of safety devices.
809 ------------------ = Total current assets - Total current liabilities Gross working capital Net working capital Permanent working capital Temporary working capital Net working capital
The ----------------- depends upon the ability to perfect income,sales or shipments
811 with atleast a no provision is made for any changes may occur during period. Fixed budget Variable budget functional budget All of the above Fixed budget
812 What comes in the empty box? Retained earnings Short term source of finance Personal funds Fixed Assests Short term source of finance
All the person working in the organization ( including managers & Workers )
817 Should be involved in operation MRP TQM Globalization EOQ TQM
818 Quality is a relative term & is used with reference to the end use of Product Quantity ERP MRP Product
819 Inventory consist of Raw material Work in Progress Finished Products All All
A medium to long term debt instrument bearing fixed interest issued by a
820 company is referred to as .. Shares Debentures Fixed Deposit All Debentures
821 Tax charged by insurance company on policy is Income Tax Works Tax Service Tax Excise Duty Service Tax
A B C D E F G
822 Tax being charged on value addition are called Custom Duty Sales Tax VAT All VAT
823 Custom Duty, Import Duty, or Export Tax is a part of Direct Tax Indirect Tax Fixed Capital Working Capital Indirect Tax
824 Inventory belongs to Fixed Capital Working Capital Fixed Liability None Fixed Capital
825 Machinery Head belongs to Fixed Capital Working Capital Fixed Liability None Fixed Capital
826 Safety in an industry is the responsibility of Manager Works Manager Workers all of the above all of the above
827 Irregular Salary to the employees comes under which act Minimum Wage Act Indian Factory Act Workmen's Compensation All Minimum Wage Act
828 Which is not included in the cause of accident due to management Bad construction of Plant Untrained Workers Bad habit of workers Faulty Equipments Bad habit of workers
829 No. of Subordinates handled by one manager effectively termed as Span of Control Responsibility Authority Delegation of Authority Span of Control
830 Which one is an example of Co-operative Company Reliance Industries Ltd., Amul Dairy Ind. Samsung India Ltd. All Amul Dairy Ind.
831 In which type of company the liabilities is limited Proprietorship Partnership Joint Stock Company All Joint Stock Company
832 Leadership, Communication , Motivation, Supervision is a function of Control Organising Co-ordinating Directing Directing
833 Following is not the Principle of Management Authority Discipline Equity Planning Planning
More Authority & More More Authority & less less Authority & More less Authority & less More Authority &
834 Chief Executive Officer has Responsibility Responsibility Responsibility Responsibility More Responsibility
835 Defining a problem is a first step of Decision Making Organizing Planning Directing Decision Making
836 Function of Management does not include Planning Organising Co-ordination Observation Observation
837 Dr.Mccregar is famous for Theory X and Theory Y Productivity Theory Co-ordinated work theory Task & Bonus Theory Theory X and Theory Y
Buying goods & selling Buying goods & selling
838 Trading business means Buying a Raw Material Selling a finished Goods them without any processing All them without any processing
Privatization, Globalization Privatization, Globalization
839 LPG Stands for Liquid Petroleum Gas Policy Liquid Petrol & Gas None Policy
840 People of entire world are unified into a single society and function together Nationalism Globalisation Industrialization All Globalisation
841 Total Quality Management mean Improves Reputation Higher employee morale Lower Cost All All
In Six Sigma Quality Improvement Programme As the Level of Sigma increases
842 defect rate will Increases Decreases Not dependant None Decreases
843 Which of the following are main element of quality Quality of design Quality of performance Quality of products Quality circle Quality of design
844 RBI stands for Reserved bank of India Reccessive bank of India Retail Bureau of India Reserve bank of India Reserve bank of India
ABC Company is a time-sharing company, means they are into ---------------
845 business. Hospitallity Banking Health care Service Hospitallity
846 Ministry of Human resource Development is a part of ------------------------ sector. IT Service Trade Engineering Service
847 Management is-------------- Science Art Profession All of the above All of the above
848 Vice President -Production will come in level of Top Middle Lower Top -Middle Top
849 Board of Directors are a part of Authority Controlling Mnagement Administration Administration
XYZ company says "we are an equal opportunity employer for progress of
850 society and employees", means they follow Espirit De Corps Unity of Direction Team work Equity Equity
851 All rounders are seen in Line organisation Partnership Line and Staff Organisation Project Organisation Line organisation
852 Specialist are seen in Line organisation Joint Stock Company Line and Staff Organisation Project Organisation Line and Staff Organisation
PQR Company produces shampoos of various fragrances. Hence their
853 departmentation will be by Function Product Process Function and Process Product
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
854 legal action is been taken on the firm. Hence he is partner Lazy Active Sleeping Non working Sleeping
A B C D E F G
855 Factories act came into force from 1948 1949 1976 1st April 1949 1st April 1949
If a factory employs more than1000 workers, it should appoint a qualified
856 to carry out prescribed duties. safety officers welfare officer security officer None of the above safety officers
857 Patents' are a form of Working capital Fixed Capital None of the following Net working Capital Fixed Capital
Central Board of Exact Control Board of Excise and Central Board of Excise and Central Board of Excise and Central Board of Excise and
858 CBEC atands for and Customs Customs Customs Customers Customs
859 Assets' are preferrably seen in Budget Balance Sheet Profit and Loss statement Production Budget Balance Sheet
860 is a multi point system of taxing VAT Income tax Customs Duty Excise Tax Excise Tax
If the fixed monthly income of Mr. Kiran is Rs. 50,000. Mr.Kiran is of age 62
861 years.Hence he will pay income tax of Rs.120000 Rs. 70000 Rs. 350000 Rs. 50000 Rs. 70000
862 BOM needed in materials management stands for Bill of Machines Bill of Materials Business of materials Bill of Money Bill of Materials
Interest on the capital
863 Carrying cost means Inventory Maintaining cost Storage cost invested in the inventory All of the above All of the above
The optimum quantity of orders that minimizes the inventory carrying cost and
864 ordering cost is given by technique MRP ERP EOQ ABC EOQ
Customer Relation ship
865 An ERP can have the following modules Human Resource Management Supply Chain Management All of the above All of the above
Primaware is power company having global presence and good business. As a
consultant to the company for better material management you will
866 suggest MRP TQM ERP BOM ERP
867 QC stands for Quality Control Quality Circle Quantity Control Quality Core Quality Control
868 Aspects of quality Good design Good Functionality After sales services All of the above All of the above
869 Right at first time means Six Sigma TQM Quality Assurance Quality TQM
870 In KAIZEN "KAI" means Good design Good Change Change for Good Change
871 Goods or cash invested to generate income from business or property is /are Finance Capital Liabilitities Budget Capital
872 Minimum wages act was passed in the year: 1923 1936 1961 1948 1948
improper ventilation and
873 Safety provision/s for workers under Factory act 1948 is/are First-aid appliances Overcrowding temperature None of the above None of the above
874 Indian railways is a : Government Department Government Company Public company Joint stock company Government Department
safety equipments not Ignorance of safety Ignorance of safety
875 Accident caused by worker is because of : being provided oily and greasy floor procedure Unsuitable illumination procedure
876 Principle/s of Organisation is/ are: Effective delegation Effective discipline Effective directing All the above Effective delegation
877 The partner who does not take part in day to day activities Active partner Secret partner Sleeping partner Nominal partner Sleeping partner
878 Military organisation is also commonly referred as: Line and staff organisation Scalar organisation Functinal organisation All the above Scalar organisation
879 Planning' usually fail due to Feedback of plan Data analysis Unrealistic nature All the above Unrealistic nature
880 Espirit de corps refers to Cooperation Coordination Team work Discipline Team work
881 At this level of management few people are involved Tactical level Strategical level Operational level Functinal level Strategical level
882 Power to act and accountability Delegation Discipline Division of work Authority and responsibilty Authority and responsibilty
883 The main areas of quantitative or management science school are Operations management Classical science Behavioral science All the above Operations management
884 Regulatory body for banking sector which also monitors GDP and inflation SBI RBI CBI IDBI RBI
885 Indian industrial sector does not invovles Construction Textile Fisheries Railways Railways
886 Service enterprise provides the services that are called as Automobile goods Production goods Intangiable goods All the above Intangiable goods
A B C D E F G
887 Internal source/s of finance is/are: Deferred taxation Shares Debentures All the above Deferred taxation
888 Legal debts or obligations which arise during the business operations: Asset Shares Debentures Liabilities Liabilities
889 Value added tax is a: Direct tax Income tax Excise duty consumption tax consumption tax
890 Inventory management is part of: Product management Marketing management Materials management Sales management Materials management
891 Generally 'C' type and 'A' type of items consume an inventory cost of : 20 % and 5 % respectively 50 % and 20 % respectively 5 % and 80 % respectively 80 % and 50 % respectively 5 % and 80 % respectively
inventory is 16%, cost of each unit is Rs.100. The economic order quantity will
892 be 10 20 30 40 10
Collection of guidelines that are used to manage the quality of activities in an
893 organisation Quality assurance Quality control Quality circle Quality management system Quality management system
Improve quality, Improve quality,
productivity,safety and Improve productivity and productivity,safety and
894 The objective of Quality circle is /are reduce cost safety only Improve productivity only None of the above reduce cost
895 Six sigma methodology endorse CRM concept TQM concept DMAIC concept All the above DMAIC concept
896 Number of Sub-ordinates a manager can supervise effectvely is Scope of supervisor Span of Control Focus of supervisor Non of the above Span of Control
897 Which budget shows one plan, one volume of output or sales & the related fixed Fixed Budget Variable Budget Functional Budget All of the Above Fixed Budget
898 Expenses of office & administrature expenses are grouped under- Staff Salary Stationary Printing All of the Above All of the Above
While on long tour which are the item that we must take care of ? Certainly it is
899 the jewellery and the cash !! This could be an analogy to EOQ ABC Minimum batch size None of the above ABC
ABC company has in profit of Rs one lakh. It is divided in equal number of
900 parts known as ………….. Capital Business Shares Debunters Shares
XYZ electronics company has confirmed expert order and is in need of finance.
901 The bank provides short term credits. It is known as ……….. Import finance Import duty Export finance None of the above Export finance
Business life is dependent
902 Which statement is wrong about partnership There is limited liability on partners It is a Joint business No transfer of partnership There is limited liability
Attention is given to the Product may become brand people become expert in the
903 Which ststement is wrong in product type departmentation product name work alloted to them No duplication of work No duplication of work
904 Which statement is correct about 'nominal partners' Do not actively involved Dop not invest Business can use their All are correct All are correct
In .............. Approach all members of an organization paricipate & improving the
905 processes & culture of organization 5S Six Sigma TQM Quality circle TQM
906 VAT and sales tax falls under …………… Indirect tax Services tax Direct tax All of the above Indirect tax
907 …………. is the lifeblood of business Budjet VAT Capital None of the above Capital
Accidents due to
908 General causes of accidents could be as follows dangerous machines Unsafe physical conditions Moving objects All of the above All of the above
Mechanical causes of an
909 Accident due to daydreaming which comes under Accident Natural Cause of an accident Human error All the above Human error
910 is essential to direct, guide, instruct, and order the subordinate. Manager Authority Chairman Responsibility Manager
911 Which of Following is not the agro industry Jute Sugar Paper Poultry Paper
912 Which is the apex authority of Government of India SAIL TISCO Heavy Industries Ministry ISA SAIL
Which of Following are principles of management i) Motivating ii)
913 Remuneration iii) Division of Work iv) Organising i and ii iii and iv ii and iii All of the above ii and iii
A B C D E F G
Arrange Maslow`s Theory of Motivation in ascending order (Bottom to Up) i)
Physiological Needs ii) Love / Affection Needs iii) Social / Esteem Needs iv)
914 Security / Safety Needs v) Self Actualization Needs i-ii-iii-iv-v i-iii-ii-iv-v i-v-ii-iii-iv i-iv-ii-iii-v i-iv-ii-iii-v
915 Discipline starts from Bottom to Top From Middle Top to Bottom None of above Top to Bottom
916 Injury after accident disables the affected worker forever is accident Fatal Permanent Major None of above Permanent
is the study of relationship between the raising of finance and
917 deployment of finance Financing Financial Deficit Finance Financial Management Financial Management
918 In balance sheet, we see, equal to the sources of the funds Assets Expenditure Savings Liabilities Assets
919 Which is input to MRP Current Forecasting Bill of Material On Hand Inventory All of the above All of the above
is process of dividing large organisation into small and
920 flexible administrative units Defragmentation Departmentation Division Formation None of the above Departmentation
Profit and Loss Account is i) A flow statement ii) A
921 measure of firm`s profitability i is correct and ii is wrong i is wrong and ii is correct Both i and ii correct both i and ii worng Both i and ii correct
922 Central government is not dealing with Income Tax Sales Tax Excise Duty Custom Duty Sales Tax
923 Effect of Innovation is and effect of Kaizen is Long Term, Short Term Short Term, LongTerm Long Term, Long Term Short Term, Short Term Short Term, LongTerm
924 Throw away unnecessary is in Seiso Seiri Seition Seiketsu Seiri
i) Quality Assurance is a proactive approach ii) Quality Assurance improves
925 quality of product i is correct and ii is wrong i is wrong and ii is correct Both i and ii correct both i and ii worng Both i and ii correct
Sub Categorisation like A1 Sub Categorisation like A1
A2, B1 B2, C1 C2 is not All Items should be ABC curve is similar in A2, B1 B2, C1 C2 is not
926 Which is not the consideration in ABC analysis? possible considered together shape for different industries None of above possible
927 In which type of Authority Punishment is given Coercive Expert Referent Reward Coercive
928 Which Structure of Organization is Tight & Rigid Line Organization Line & Staff Organization Project Organization Staff Organization Staff Organization
929 Which function of management is a tool for fast development. Decision Making Directing Controlling Planning Decision Making
930 One Man - One Boss may be called as Equity Unity of Command Unity of Direction Stability Unity of Command
931 product comes under Petrochemical Industry. Vehicles Plastic Wood Paper Plastic
932 GATT started in 1948 at . Masco Washington Geneva Russia Geneva
933 Entertenment Business belongs to industry. Manufacturing Industry Trade Industry Service Industry All of The Above Service Industry
Global Development
934 GDP stands for . Gross Domestic Product Phenonmenon General Domestic Product Global Domestic Product Gross Domestic Product
935 Who is directly responsible for profit & loss in the business Supervisor Chief Execuitive Officer Worker Factory Manager Chief Execuitive Officer
Mr. Ram , Mr. Shyam & Mr. Kiran has started a business of Automobiles in
2003, in that business Mr. Ram , Mr. Shyam & Mr. Kiran have invested Rs
500000/- Lakhs individually. But Mr Ram & Mr. Shyam gives full attention
towords the business and Mr. Kiran does not gives the attention towords
936 business. so in this type of business who is the sleeping partner Mr. Ram Mr. Shyam Mr. Kiran All of The Above Mr. Kiran
937 Which is not a cause of accidents in industry Due to Worker Due to Management Due to Natural cause Due to Government Policy Due to Government Policy
938 Any device which generates or provides power is known as tools Machinery Prime Mover plant Prime Mover
939 Which is a cause of accident due to management Overconfidence Faulty Equipments Unnecessary Daring Less Work Experience Faulty Equipments
940 According to minimum wages act ,wages means:........... salary over time remuneration provident fund all of the above all of the above
unfair or no returns to unfair or no returns to
941 Which is not the objective of financial management Profit Maximation Maximation of wealth Mainrenance of liquid assets shareholders shareholders
A B C D E F G
942 Working capital is not used for . Land Purchase Material Purchase Marketing of Product Salery of workers Land Purchase
943 Postponement of tax liablity means Inherited personal funds Depreciation provisions Retained equity earnings Deferred taxation Deferred taxation
The tax in wihich impact and incidence are on the same person. It is not
944 intended to be shifted. Custom Duty Sales Tax Excise Duty Gift Tax Gift Tax
945 NSE stock exchange market is located in Jaipur Pune Mumbai London Mumbai
Collective stock of items which is required for routine functioning of industry
946 means Inventory Record Database List Inventory
To purchase material at To purchase material at right To purchase material in
947 Which of the following is not an objective of inventory management minimum cost time right quantity All of The Above All of The Above
948 What is essential for successful purchase Right contract Right Quality Right sources All of The Above All of The Above
949 In ABC analysis which category of item is having average importance Category A Category B Category C All of The Above Category B
950 is the formal contract between supplier and purchaser Purchase order Tender Quotation All of The Above Purchase order
and are the two versions of goals of the financial Profit maximisation, Production maximisation, Sales maximisation, Profit Value maximisation, Wealth Profit maximisation, Wealth
952 management of the firm. Wealth maximisation Sales maximisation maximisation maximisation maximisation
953 An industrial concern is invested in assets like plant, building, and land is Working capital Variable capital Fixed capital Operating capital Fixed capital
Planned target of Steps of handling future Systematic action and results expressed in Statement of expected results
954 Budget refers to performance activities allocation of resources numerical terms expressed in numerical terms
955 Income tax and Property Tax falls under Indirect Tax Service Tax Direct Tax All of the above Direct Tax
956 What are the functions of material management Material Planning Purchasing Store Management All of the above All of the above
957 ABC anaiysis helps senior manager to control Inventory Cost Purchase Cost Total Cost None of the above Inventory Cost
Improving quality through small, incremental improvements is a characteristic
958 of what type of quality management system Just-in-time Six Sigma Total Quality Management Kaizen Kaizen
Direct involment of Top Direct involment of Top
959 A fundamental attribute of TQM is Drawing control chart Having team meetings management Meeting ISO 9000 audit management
960 Benchmarking determines Customer requirement Process capability Standards Getting ISO 9000 audit Standards
961 Blank Space in the figure I indicates Total Long Term Ordinary Equity Owner's Equity Third Party Equity Owner's Equity
Investment on which returns Materially large revenue or Materially large revenue or
962 In P&L account Extra Ordinary Items means Commission on sales are not possible loss Non controlling ownership loss
963 Following are Liabilities of Business FDs with Bank Receivables from Sale Short Term Borrwings Stock In Progress Short Term Borrwings
964 In Financial Management Liquidity Decisions are related to Dividend to Shareholders Long Term Decisions Cash Management Bankruptsy Cash Management
965 Which of following is Method of raising Long Term Capital Equipment Leasing Hire Purchase Prefernce Shares Trade Credit Prefernce Shares
As per the definition in Indian Factory Act, a person working in Factory having Not elligible to work in
966 an age of 17 years is : Child Factory Adolescent Adult Adolescent
Resulting Death of Disabling employee for
967 Trivial Accident means : Of Less Importance Employee more than 3 daye Near Accident Of Less Importance
Obstruction Free Separate Storage of Enough Height of Separate Storage of
968 In accident prevention, Safe Workplace Layout does not include : Passageways Antiskid Floors Inflammable Materials Workrooms Inflammable Materials
All departments have same kind of organization All departments are equally All departments are equally
969 'Balance' in Organization Principles intends to workforce structure developed All departments are flexible developed
970 I wanted to maintain secrecy of business. Which business type shall I select Single Ownership Partnership Joint Stock Company Public Undertaking Single Ownership
A company has multiples kind of products like Pharmaceutical, Cosmetics,
971 FMCG. Which type of departmentation will it prefer ? By Product By Process By Function None of the above By Product
A B C D E F G
972 In organization process activites can not be grouped on the basis of Policy Economy Control Coordination Economy
To make changes in To perform better as per To make changes in job To perform better as per
973 Authority delegation allows employee schedule To make changes in design responisibility timing responisibility
974 Following organization is limited to small concerns Line Line & Staff Functional Committee Line
Defining Authotities & Developing alternate Developing alternate
975 Organising does not means Determining Activities Responsibilities Assigning People to Jobs methods to do job methods to do job
976 Stability in Principles of Management indicates Job Security Turnover Harmony Promotion Turnover
977 Direct Supervision on workers is function of Top Level Management Middle Level Management Low Level Management Operating force Low Level Management
978 Indian Insurance sector has number of insurance companies. 112 20 52 86 52
979 Globalization is not intended for free flow of Capital Labour Products Diseases Diseases
980 Service Industry provides Tangible Goods Intangible Goods Manufactured Goods Imported Goods Intangible Goods
Business firms produce and supply wide varieties of goods and required
981 by the society. Money Services Entities social services Services
982 Following will not come underinventory Tools Machines Lubricants Milling Cutter Machines
983 'A' kind of items in ABC analysis do not need close control constitute 70 % of inventory purchased on time purchased in large quantity purchased on time
984 Purchase Order Includes Quantity of Items Invoice Number Quantity in Stock All Above Quantity of Items
985 Which one of the following is not a Module of ERP Manufacturing HR Quality Control Supplu Chain Management Quality Control
986 In Figure II blank space indicates Lead Time Buffer Stock Obsolete Inventory Damagaed Inventory Buffer Stock
987 In Figure III blank space indicates List of Products Product Demand List of Subassemblies Bill of Materials Bill of Materials
Quality Management Measurement. Analysis &
988 Main eight sections of ISO 9001:2000 does not include System Resource Management Recruitment Improvement Recruitment
Discuss Work Not a Voluntary Discuss Work
989 Quality Cirle People Discuss Grievances RelatedProblems Meet once in a month participation RelatedProblems
990 Elements of TQM include Ethics Training Both Above None Above Both Above
Objectives of Quality Control includes 1. Establish desired quality standards 2.
To determine deviations in quality 3. Ascertain causes in deviations 4. To use
991 modern techniques of measurement. 1, 2 and 3 only 1. 3 and 4 only 1,2,3 and 4 2,3 and 4 only 1, 2 and 3 only
What system helps make calculations regarding the volume and timing of Material requirement Material requirement
992 materials needed? Production plan Material Scheduling Planning Material Resource Planning Planning
widely adopted in large
ERP system provide a organization to storecritical
foundation for ERP system enable people knowledge used to make the
collaboration between in different business areas to decision that drive the
993 Which of the following describe an ERP System? department communicate organization's performance All of the above All of the above
994 The following is an example of direct taxes Sales tax Income tax Excise duties Toll tax Income tax
To tightly link a firms
To provide a hedge against To ensure that item cost is production with its cutomers To tightly link production & To provide a hedge against
995 one use of inventory is inflation maximized demand distribution process inflation
996 Material Management is also called Distibution Planning Control & logistics Both of the above Neither of the above Both of the above
997 ABC analysis is used for CPM PERT Inventory Control None of the above Inventory Control
998 The quantity discount model is most similar to which one of these models ROP EOQ Fixed interval EPQ EOQ
A B C D E F G
A budget is the plan of the various costs and expenses needed to operate the
999 buniness based on the short term forecast Capital budget Operating Budget Cash Budget Resource Budget Operating Budget
1000 The most common causes of financial problems are Undercapitialization Inadequate expense contol credit term all of the above all of the above
A statement that projects management's expectations for revenues and based on
those financial expectations, allocates the use of specific resources throughout
1001 the firm is called A cash flow A budget A resource plan A resource allocation A budget
needs and developing controls to ensure the
budgets to meet those company is following
1002 The steps in financial planning are needs Identify sources of financing financial plans option (A) and option (C) option (A) and option (C)
Form of informal Element of organizatinal componenet of a flat span of Element of organizatinal
1003 Departmentalization is a(n) Communication structure Type of formalization control structure
1004 Which of the following is an advantages of a sole proprietorship? Ease od strating a buniess Being your own boss pride of ownership All of the above All of the above
1005 The primary purpose of employee safety programme is to preserve the Mental Health Physcial Health Emotional Health All of the Above All of the Above
Which structure is usually optimal for project based organization with
1006 fluctuationg workload? Functional Divisional Matrix Network Matrix
1007 A flat organizational structure creates a span of control Narrow wide Centralized Informal wide
1008 As organization grow they tend to decision making authority. Centralize Decentralize Control Standardize Decentralize
flow and formal power that
It refers to the division of It refers to patterns of direct organizational ALL of the above ALL of the above Statements
1009 Which of these statements about organizational structure is (are) true? labour coordination activities Statements are true are true
Selecting the right people Selecting the right people for
1010 Fredrick Taylor stressed on for the job Division of labour unity of command unity of Direction the job
1011 Planning, organizing, directing and controlling are the Goals of management Functions of management results of management all of the above Functions of management
During the agriculural revolution, all of the following transformed the economy Coal,oil and other new Coal,oil and other new
1012 except energy sources job specializaion trade permanent settlements energy sources
1013 The primary sector include all of the following except forestry Manufacturing Mining Agricluture Manufacturing
1014 Which of the following is not a type of copyright work Literary Works Furniture Sculpture Musical Works Furniture
An accelerating pace of
Stretching of social, A growing magnitutde of global ineractions and
political and economic interconnectcdness in almost processes associated with a
activities across political every sphere of social deepening enmeshment of All of the answer options All of the answer options
1015 Globalization involves frontier existence the local and the global given are correct given are correct
1016 Where was TQM first developed? USA UK JAPAN KOREA JAPAN
Review of requirements Definition of the work Review of requirements
1017 Which of the following is not a record required by ISO 9001:2000 related to the product environment Results of preventive action Management review records related to the product
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
1018 Purchase orders a b c d c
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 Enterprise Resource Enterprise Resource
1019 following in place JIT Planning (ERP) 5S Kaizen Planning (ERP)
1020 In any factory , bulk usage of items is of which type A type B type C type All C type
A B C D E F G
1021 In ABC analysis all materials are divided into how many types 4 3 2 5 3
The point at which ordering cost is equal to carrying cost in materials
1022 management is called as EOQ Optimal point Breakeven point Ideal Point EOQ
1023 Which of the following items manufactured in India is not liable for Excise tax. Sugar Salt Steel Soap Salt
Capital required by a company to purchase building for starting the company is
1024 called as Working capital Fixed capital Loan Debt Fixed capital
1025 Which is the budget to which all other budgets are geared Sales Production Labour Materials budget Sales
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
1026 for which tax. Excise tax Income tax Service Tax Value added tax Income tax
1027 Welfare of the employees is taken care by which industrial act Factory Act Workman Compensation Industrial Dispute Act Employees Stae Insurance Factory Act
A small child 8 years old is working in XYZ company manufacturing silk Workman Compensation Employees Stae Insurance
1028 sarees. Which act is being violated by the company ? Industrial Dispute act Act Factory Act Act Factory Act
1029 The necessity of industrial acts is to protect the interests of : Workers employers A and B none of the above Workers
A worker has used cutter instead of a plier for doing some job , and he gets a cut
1030 on his right hand . What is the cause of this accident classified as Mechanical factor Environment factor Human cause Technical cause Human cause
1031 Which of the following is not a safety measure to avoid accidents ? Safety slogans Proper lighting over confidence Fencing of equipments over confidence
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
1032 which form of ownership Limited Partnership Public Ltd Proprietorship Joint Stock Limited Partnership
Legitmate right of a person Legitimate right to make
1033 Authority means to exercise influence decisions Right to direct others All the above All the above
An automobile company has departments for two wheelere and four wheelers ,
1034 what is the method of departmentation this company has adopted By function By product By process By markets By product
Myself and my friend start a company, which type of organistaion it will be from
1035 the structure point of view at the start with simple format,small size Line Line & Staff Functional Project Line
1036 Policy making is the role of People Management Administration Country Administration
1037 The act of getting people together to work for a common goal is called as Organising Management Administration Motivation Management
1038 The number of management principles given by Henry Fayol are 12 10 17 14 14
1039 CEO belongs to which level of management Bottom level Top level Middle level No level Top level
1040 Name the type of business enterprise concerned with the distribution of goods Manufacturing Trading Selling Buying Trading
1041 Dryers and cleaners are examples of which services Direct services Indirect services both None Direct services
An economic activity involving the regular production or distribution of goods
and services with the object of earning profits through satisfaction of human
1042 needs is called as Business Management Administration Social Servive Business
1043 Following is not the definition of Quality Fitness for purpose It signifies degree of Conformance to experience of people experience of people
If the comppany has a goal to accept only .0003%defect , which is the most
1044 important modern technigque it should adopt. ERP SAP BAAN 6 Sigma 6 Sigma
order as per use , keep them clean ,standardise the process and sustain this
activity . Which modern technique and system of Quality manangement it is
1045 adopting 5S Kaizen TQM 6 Sigma 5S
A B C D E F G
hospitality industry,consulting (ii) legal practice, healthcare, waste disposal (iii)
real estate, personal services, business services (iv) house decoraters,
1046 entertainers. only (I) (i) and (ii) (ii) and (iv) all of above all of above
1047 Which is importatnt factor in deciding structure of organisation ? functions specialisation types of products all all
1048 Which is the pre requisite of effective delegation? Decision making freedom Knowledge of designation Independent subordinates all the above all the above
1049 Sales department in nokia is the example of ………………………… Departmentation by Departmentation by prosecc departmentation by product none Departmentation by function
……………………… is the management of finance of an organisation in order
1050 to achieve financial objectives. Financial Management Material Management Personnel Management Operation Management Financial Management
1051 Which is the factor responsible in the selection of types of ownerships? Types of business scope of business capital required all all
Financial management is the
the welth invested in if the capital is not managed management of finance of if the capital is not managed
business to generate properly no losses may be an organisation in order to properly no losses may be
1052 which of the following is wrong? income is called captial incurred achieve financial objectives none incurred
to ensure continuous and under stocking of to minimise losses resulting
1053 The objective of inventory management is …………………….. supply of materials inventory from inventory deterioration all all
known as the order In manufacturing , EOQ is
1054 Which of the following is correct ? quantity called the production lot size both (i) and (ii) none both (i) and (ii)
Cost of receving quotations and issusing cost of following up and
1055 Procurement cost consists of …………………………… quotations purchase order expenditing purchase order all all
you hold more and more hold more and more These costs decrease as you
1056 Carrying( holding) cost ; inventory inventory hold fewer inventories none none
quality is degree of quality means less quality means conformance quality means less
1057 which of following is wrong ? excellence quality is fitness for use maintainability to requirements maintainability
1058 Following are the business pattern is not coming under service industry. ITES Banking Real Estate Textile mill Textile mill
1059 Which is unimportant word in the defination of organisation? Group of persons Common Aim Profit United together Profit
1060 All the partner have same status in General partnership Nominal partnership Limitted partnership None of the above General partnership
1061 If an affected worker recovers within 10 hours, then it is a accident. Minor Reportable Major Fatal Minor
1062 is the financial snapshot of the organisation. Profit and loss account Balance sheet Snap Sheet Budget Balance sheet
1063 Capital invested on Buildings' is an example of : Fixed capital Floating capital Circulating capital None of the above Fixed capital
1064 Which is not the type of profit and loss account? Report form Step form Account form None of the above Report form
Statement 1 - Income tax is levied by central government. Statement 2 - Income
1065 tax is to be paid by all employees. Both 1 and 2 are correct Both 1 and 2 are wrong 1 correct, 2 wrong 1 wrong, 2 correct 1 correct, 2 wrong
1066 The stock of material, maintained in order to avoid 'no stock' situation is called Additional stock Buffer stock Extra stock None of the above Buffer stock
1067 Calling quotation, order follow-up, material receiving. Placing PO are the Quality department Puchase department Inventory department Marketing department Puchase department
1068 Quality standards should be related to Performance Acceptance Economically Feasibility All of the above All of the above
Statement 1 - Quality Assurance is a proactive approach. Statement 2 - Quality
1069 Assurance improves quality of product. Both 1 and 2 are correct Both 1 and 2 are wrong 1 correct, 2 wrong 1 wrong, 2 correct Both 1 and 2 are correct
1070 is willing to exchange of goods. Trade Service Manufacturing both I and ii Trade
1071 Following is not associated with insurance Bajaj Allianz Max Life LIC ICC ICC
1072 How many needs are mentioned in Maslow's need hierarchy? 6 5 4 3 5
1073 Which is not the public sector? Government Department Public Limitted Company Public Corporation Public Company Public Limitted Company
1074 Car division in Tata Motors is example of Departmentation by Departmentation by function Departmentation by process None of the above Departmentation by product
A B C D E F G
1075 The duties and qualification of Labour Welfare Officer is prescribed by: Factory head Industry Minister State Government None of the above State Government
1076 Customer Advances are included under source of finance. Long-term Short-term Medium-term None of the above Short-term
1077 For making Labour Budget, workers are classified into Skilled Semi-skilled Unskilled All of the above All of the above
1078 The earning capacity and potential of a firm are reflected in Balance sheet Profit and loss account both i and ii None of the above Profit and loss account
1079 Which is not the merit of Indirect tax? Convenient Equitable Wide coverage Certain Certain
1080 Which is not the cost concerned with EOQ? Procurement cost Inventory carrying cost Total cost Primary cost Primary cost
1081 What will be happen when there is no buffer stock? Production stoppage Delay in deliveries loss of reputation All of the above All of the above
Statement 1 - Procurement is a systematic process. Statement 2 - Purchasing is a
1082 routine process. Both 1 and 2 are correct Both 1 and 2 are wrong 1 correct, 2 wrong 1 wrong, 2 correct Both 1 and 2 are correct
Encourages customer
1083 Benefits of TQM are Increase efficiency satisfaction Inspection costs are reduced both i and ii both i and ii
1084 The Six Sigma methodogy endorses DMAIC concept CRM concept Quality circle concept TQM concept DMAIC concept
For staffing ,inventory,production etc company develops and design a plan
1085 called-------- MPS MRP ERP EPS MPS
1086 #NAME? Buffer stock EOQ ERP None of the Above EOQ
1087 ERP stands for----------- Enterprise Resource Enterprise Resource Process Enterprise Resource None of the above Enterprise Resource
1088 #NAME? Quality Management Quality Assurance Quality control Quality Circle. Quality Management
1089 #NAME? QC QMS QA None of the above QMS
1090 1) The goal of Total Quality Management is Customer satisfaction Product differetiation Brand Equity Action Globally Action Globally
1091 #NAME? VAT Finance Budget None of the above VAT
1092 Sevice Tax introduce in india in ----------- year 1993 2004 1994 1989 1994
1093 #NAME? Enterprise Resource Economic Order Quantity ABC Analysis None Of the Above Economic Order Quantity
Mr. Praful kulkarni is working in Birla Pvt. ltd in the capacity of Foreman.
1094 Company provided him certain protecting devices under---------------- ACT. Factory Act Minimum Wages Act Comensation Act Safety provisions Act Safety provisions Act
According to F.W. Paich ----------- can be defined as “the provision of money at
1095 the time it is wanted” Finance Capital Budget VAT Finance
when foreign investors does huge sell of stocks back to its own country it is
1096 refereed as------ Bank loans Hire Purchase Equipment leasing Profit Flow Back Profit Flow Back
1097 ……has to kept at secured and separate place which is not easily accessible. Inflammable Materiial Machine Safeguards Protecting Devices All of the above Inflammable Materiial
organizational is mainly about adjusting work assignment,man power
1098 ,and facilities that are required when temporary changes accor while working Balance Stability Flexibility None of the above Flexibility
1099 Balaji Telefilms industries refers to which of the following company type- Private limited company Ownership company Public Company Government Public Company
1100 BIRLA Industries Ltd. Is a form of – Single Ownership Partnership Private ltd Joint Stock Company Private ltd
1. -------------------can be defined as the set of steps to do the particular activity
1101 or activities in systematic manner. Organizing Planning Directing Motivating Planning
1. Goal and solid decision making allows ………to ............ very fast and
1102 becomes stable in the market. Bussiness to Grow Business to Market Business to Business None Of the Above Bussiness to Grow
1103 #NAME? Planning Organising Staffing Controlling Controlling
1104 is a right for giving orders and the power to ensure obedience Division of work Decipline Authority and Resonsibility Work Authority and Resonsibility
individuals, groups and individuals, groups and
capitalist companies are we all now live in a single nations are becoming more human beings now live on nations are becoming more
1105 Which definition best describes the process of globalization? spreading across the planet society interdepend every continent of the planet interdepend
A B C D E F G
1106 1) 80:20 rule can also be called as Fish bone Diagram Pareto Diagram Scatter Diagram Histogram Pareto Diagram
Accidents because of Accidents because of
1107 Causes of accidents are: workers management Both a) and b) None Both a) and b)
a assists in taking decisions correctly and also implementing it effectively
1108 and efficiently. line organization. line and staff organization functional organization all of above line and staff organization
can culminate into strikes or fights among employees and cause serious
1109 consequences to the organization. communication ) good communication miscommunication all of above miscommunication
1110 can be defined as running business by the single owner Proprietorship Partnership Private limited Public limited Proprietorship
1111 Departmentalization can be done on the basic of following factor: process products Function All of above All of above
Increase or decrease in Decision regarding rejection
change in work schedule production depending on of raw material or finished
1112 Decision taken by supervisor could be: or rescheduling current situations. products All of the above All of the above
allows employees to get involved in the process of decision making for
1113 better results Unity of direction Centralization Disciline Unity of commands Centralization
The great thought of motivating the workers or employees for better results have The quantitative or
1114 come up from of management The classical school The behavioral school management science school All of the Above The behavioral school
1115 1. Types of business Service Manufacturing Trade All of Above All of Above
1116 Adolescent is a person of the age in between 15-18 18-21 21-25 58-61 15-18
1117 Vat started in Maharastra from 2003 2004 2005 2006 2005
1118 uses all the resources of the enterprize in a systematic MRP MRPII ERP None ERP
1119 Economic order quantity is represened by Q0 Eo Eq None Eq
1120 Discipline comes in Seiri Seiso Seiketsu seition Seiketsu
1121 Implementation of policy making in an industry is a role of – Management Administration Public Workers Management
1122 Follow in not the strength ot textile industry Cheap workforce Demand is continouce Import of raw material Huge capacity of production Import of raw material
1123 Globalization has disadvantage Industrialisation Pollution of air,soil,water Adaption of western culture All of the above All of the above
Globalization policy Globalization policy
IT parks initiated in ,liberliation were accepted Policies of cooperative ,liberliation were accepted
1124 The year 1991 is famous for New Fiscal deficit policy Bangalor by india societies changed by india
1125 Hindustan Petrolium Is a form of – Single Ownership Partnership Public Sector Private ltd. Public Sector
1126 Which organisation is temporary in nature Line and staff organisation Line organisation Project organisation Staff Organisation Project organisation
1127 Which of following is not the direct tax Csutom Duty Excise Sales All of the above All of the above
1128 Working capital is required for Advertisement Salary Maintenance All of the above All of the above
1129 The summerised budget of entier enterprise is known as . Master Budget Template Budget Main Budget Enterprize Budget Master Budget
1130 Who is responsible "unguarded moving parts" Workers Management Government None of the above Management
1131 is the financial snapshot of the of the organisation. Balance Sheet Profit and Loss Account Snap Sheet Budget Balance Sheet
1132 Following is not concerned with modern techniques in material management MRP SAP ERP 5S 5S
1133 A' type of items are purchased in Sufficient quantities Small quantities Medium quantities None of the above Small quantities
1134 determines quntity and timing for materials planning MRPII SAP ERP MRP MRP
1135 Number of subordinates handled by a manager effectively called as Authority Delegation Span of Control Scop of Control Span of Control
Economics 3. Maslow (iii) Principles of Management 4. Henry Fayol (iv)
1136 Scientific Management 1-(ii),2-(iv),3-(i),4-(iii) 1-(ii),2-(iii),3-(iv),4-(i) 1-(iii),2-(iv),3-(i),4-(ii) 1-(iv),2-(i),3-(ii),4-(iii) 1-(ii),2-(iv),3-(i),4-(iii)
1137 Pickles, papad, basket making are products of Chemical Industry Agro Industry IT Industry Banking Industry Agro Industry
A B C D E F G
Industries associated with are computer hardware, software, electronics,
1138 semiconductors, internet, telecom equipment and e-commerce IT Industry Banking Industry Insurance Industry Retail Industry IT Industry
is a process of dividing large organisation into small and flexible
1139 administrative units. Divisions formation Defragmentation Departmentation Partitioning Departmentation
People become expert in Product may become brand Attention is given to the
1140 Which statement is wrong? In product type departmentation the work allotted to them name product No duplication of work No duplication of work
Under which of the following case, an employer has to provide compensation to Injury caused during permanant disablement due
1141 an employee? employment to accident death due to accident all of the above all of the above
A joint stock company divides the capital required into units of equal
1142 denomination of Rs. 1,2,5 or 10. Each unit is called a …… Budget Debenture Share Balance sheet Share
on value addition at each stage of transaction in the production/ distribution
1143 chain. Customs duty Sales Tax Service Tax VAT VAT
1144 While deciding how to manage inventory, the question to be answered is How much should we How often should we order? Both (a) and (b) None Both (a) and (b)
If necessary, request for Prepare a comparative
quotations is made on statement of the rates, terms
prescribed quotation form To achieve integration with Open the quotations at and conditions mentioned in To achieve integration with
to all the selected sources other departments of the prescribed time on the the quotations and then other departments of the
1145 Which of the following is not a step in purchasing? of supply company prescribed date analyze them company
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
efficient and consistent performance) 3. Durability (It has desired life) 4. Safe
1146 and foolproof workability (Its working is safe and foolproof) All 1,2, 3,4 1 and 2 2 and 3 1,3 and 4 All 1,2, 3,4
is a management technique used to communicate to employees what is
required to produce the desired quality of products and services and to influence
1147 employee actions to complete tasks according to the quality specifications QC 5S/9+ KAIZEN QMS QMS
1148 In 1991 india adopted Policies of co-operative. initiate IT parks. Globalisation policy Fiscal Deficit policy Globalisation policy
1149 Types Of Business Manufacturing Trade Service All of above All of above
1150 Cipla Ltd is Textile company Chemical Company IT industry All of above Chemical Company
Research & more attention on Tradition management Research &
1151 Scientific management works on experimentation trial & error production only theory experimentation
upper midddle level
1152 Setting basic goals and objectives is function of - management Top level management Middle level management Low level management Top level management
ABC industry start their recruitment process in which manager select qualified
1153 people for various job position in organisation. This activity is Forecasting Organising Leadership Staffing Staffing
1154 How many parteners are eligible for partnership 2 05-Feb 10-Feb ALL of the above ALL of the above
1155 The firm type of Bajaj Auto Ltd is Proritership Patnership Joint stock company Public Sector Joint stock company
The type of organisation structure in Varroc Ltd is shown below . Which type of
1156 Organisation Structure is this. Line functional Line & staff Project functional
Sai Sale services is trading business started by four person by investing 2lacks
1157 each. Which is suitble ownership for that business. Private Limited Partnership Propritership Both I & ii Partnership
1158 Fixed capital is also called as Tight capital Blocked capital working capital current capital Blocked capital
A B C D E F G
Permanent working capital All assets financed with a 50 Permanent working capital
Which of the following illustrates the use of a hedging (or matching) approach Short-term assets financed financed with long-term Short-term assets financed percent equity, 50 percent financed with long-term
1159 to financing? with long-term liabilities. liabilities. with equity. long-term debt mixture. liabilities.
1160 Which business is liable for VAT Importers manufacturere Distributor All All
1161 figure shows budget Fixed Variable Functional None of these Variable
1162 The ABC company Investment in purchasing raw material, salary is come under Working Capital fixed capital blocked capital ALL ALL
is set of activities that ensure right material at right quality and
1163 quantity in right time Purchase Department Quality Department Marketting department None of these Purchase Department
maximise the service level to
Minimise investmeny in the firm's customer & its
1164 Inventory control objectives inventory operating departments Both I & ii None of these Both I & ii
1165 Circle leader is from Management Board Of directors workers Supervisors Supervisors
Both the paper mill and Both the paper mill and
A paper mill supplies a corrugated container manufacturer with Kraft paper. The The corrugated container cereal manufacturer are cereal manufacturer are
corrugated container manufacturer uses Kraft paper to manufacture corrugated manufacturer is an internal cereal manufacturer is an External customers to the External customers to the
shipping containers that are then sold to a cereal manufacturer. Which of the customer to the cereal external customer to the corrugated container corrugated container
1166 following is true? manufacturer. paper mill. manufacturer. None of these manufacturer.
General Awareness on General Agreement on Tariff Global Agreement on Tariff Global Agreement on General Agreement on Tariff
1167 GATT stands for Tariff and Trade and Trade and Trade Tariffic and Transport and Trade
1168 Product are produced in Trade industry Manufacturing industry service Industry All of above Manufacturing industry
1169 Banking Business is Service Manufacturing industry Trade None of these Service
Which is the process by which manager select , train,pramote and retire their
1170 subordinates Staffing Directing Co ordinating Controlling Staffing
1171 The process of breaking down an enterprises into various departments is Departmentation Project Organisation Span of control None of these Departmentation
1172 Investment raised by share holder from public for profit based business in Propritership Partnership Joint stock Company Cooperative enterprises Joint stock Company
1173 Form of ownership which is non profit based is Propritership Partnership Joint stock Company Cooperative enterprises Cooperative enterprises
1174 Kirloskar Pneumatic Limited Company is Public Limited Private Limited Partnership Propritership Public Limited
1175 Figure shows Departmentation by Function Process Product Territory Product
Sai Krupa Sugar & alied industry form by Mr. XYZ with 7 Board of director
with, CEO. Under CEO, Plant Manager , Finance , & market . Plant Manager Line & staff
supervise on supervisor. Workers are under Supervisor. Investment raised by 43 Functional orgnisation, Line & staff organisation, Line Organisation, Project Organisation, organisation, Private ltd
1176 share holder in it. Then which is suitable Organisation & form of Ownership Partnership Private ltd Company Propritership Cooperative enterprises Company
the worker recovers in 2 the worker isunder influence any safeguard is removed by
1177 Injured Employer is not liable to compensate if: hours of drink or drugs the workmen. All of above All of above
1178 woking capital is also called blocked capital current capital fixed capital tight capital current capital
1179 Types of budget: Fixed variable functional All of above All of above
1180 Figure shows budget Production Sales Capital None Production
Johnson Company wants to procure Land & build the structure for its own
1181 company. Investment for this coming under Ciculating Capital Fixed capital Working Capital None Fixed capital
The concept in management which concern with flow of material in an
organisation by using function like purchasing, storing, moving, distributing
1182 ,production , dispatching is called Finance Management Quality management Material Management None Material Management
A B C D E F G
What is Ascending path for purchasing 1) Purchase Order 2) Material
1183 Requisition 3) market analysis 4) Quotation call 5) finalisation of supplier 1-2-3-4-5 2-5-3-4-1 4-3-1-2-5 2-4-3-5-1 2-4-3-5-1
1184 Standardizing include in Seiri Seition Seisco Seiketsu Seiketsu
1185 Industrial sector involves construction Fisheries Textile All of above All of above
1186 India is awarded a certification of POLIO free country in Jan-11 Jan-09 Jan-14 Jun-11 Jan-11
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
implementing the strategy will be acessed by actual performance againest the
1187 goals . This comparison is known as : Planning Organizing Controling Implementing Controling
A partner who is not publically known as a partner but takes active part in the
1188 affairs of the business is Sleeping patner Active partner Secrete partner Nominal partner Secrete partner
In simple words the ............................................... can be defined as the
association of two or more people doing business together to share the profit and
1189 expenses coming out of the business. Propritorship Partnership Private Limited Public Limited Partnership
Accidents because of Accidents because of Accidents due to layout or Accidents because of natural Accidents because of natural
1190 Flood , Earthquake , Tsunami are workers management design of working place disasters disasters
1191 Which is the health provision Fencing of machinery Cleanliness Washing facilities None of the above Cleanliness
Which is an instrument of management used as aid in the planning ,
1192 programming and control of business activity Finance Capital Budget VAT Budget
A single unit of ownership in a corporation , mutual fund or any other type of
1193 organization is called Asset Liability Share Debenture Share
1194 Indirect Tax examples Consumption Tax Sales Tax Wealth Tax All of above All of above
Which includes expenses like commission to salesman ,advirtisement, discount
given , carriage outward, bad debit, cost of service after sale ,rent of go down Selling and distribution Selling and distribution
1195 ,expenses related to delivery of material etc. Opening stock Purchases Sales expenses expenses
Purchase department running organization is The department which needs running organization is
issues payment to the purchased by the purchase material sens material recipt purchased by the purchase
1196 The role of purchase department is vital because vendors department. note to purchase department All of these department.
Quality management system Quality management system
1197 ISO 9001:2000 is Quality circle standard Quality standard standard Quality assurance standard standard
1198 In textile industry fibre is converted into …… Fabric Cloth Yarn Fibre Yarn
The organized efforts by cetain persons, to Supply the consumers with goods
1199 and services is called Trade organization Management Business Business
1200 A…. Is any achievement of the end point that is stated in quantitative term . Policy Goal Objective Mission Goal
1201 To set objectives and policies of the organization is function of……….. R& D Manager Engineers General Managers None of these General Managers
1202 Conceptual and human needs is related to……… Administration Management Science Technic Administration
1203 Out of following which is not the principles of management Centralization of Authority Scalar Chain Order None of these None of these
The process by which actual performance of subordinates is guided towords
1204 common goal of the enterprise is call …… Organisation Unity of command Directing Planning Directing
…………………is The process of operaions, verify conformity with the
1205 predetermined plan and takes corrective action Coordinating Forecasting organising Controlling Controlling
A B C D E F G
Identify which statement is correct related to organization Theory Organization
theory may be defines as the study of 1. Functioning 2. Perfrmance of
1206 organization 3. Structure 4. The behaviour of Group Both 2 & 4 Both 1 &3 All the above None of these All the above
1207 Following diagram represents which organisation ? Line organisation Line & staff organisation Functional organisation Project organisation Functional organisation
It is The process which is used to group the activities of the enterprise into
1208 various division for the purpose of the efficient management . Organisation Departmentation Administration Span of Control Departmentation
1209 Sahkari Bhandar is ……. Types of ownership Government Cooperative Joint stack Public limited Cooperative
1210 The accident which leads to death of a victim is called …….. Fatal Accident Accident causing internal Minor Accident Major Accident Fatal Accident
1211 As per Worker's Compensation act , dependant means : A widow A minor legitimate Son A widowed mother All the above All the above
1212 Which is not element of financial management Financial planning Financial Control Financial Decision -Making None of the above None of the above
1213 Depreciation provision is which type Source of finance? Internal Source External Source Medium Term Source Short Term Source Internal Source
…….. Is a direct tax levied on the income earned by individuals,corporations or
1214 on other forms of business entities. Excise Duty Sale Tax Income Tax Service Tax Income Tax
1215 Anti Dumping Duty is which type of Tax? Excise Duty Sales Tax Custom Duty Service Tax Custom Duty
1216 Which of the following is not input to MRP? ERP BOM Inverntory record file MPS ERP
basis of customer's preference ,cost and profit is a function of
1217 …………………….. Quality management Material Management Production Management Inventory Mangement Quality management
Work out product requirements in details and set product specifications on the
1218 basis of customer preferance ,cost and profit is a function of ……………… Inventary management Quality management Production management Material Management Quality management
1. Customer Focus 2. Ledership 3. Continual improvement 4. System Approach
to Management 5. Mutually beneficial Supplier relationship 6. Process approach
7. Factual approach to decision making 8. People involvement It is principles of
1219 ………………….. 5S ISO9001:2000 Kaizen TQM ISO9001:2000
can be defined as an unsecured loan certificate issued by a company which
1220 is backed by general creditninstead by specified assets. Asset Liability Share Debenture Debenture
is method of buying goods by making installment payments over the
1221 period of time. Bank loan Hire purchase Sale & lease back All of Above Hire purchase
includes the bad debt means amount that cannot be recovered from Selling & distribution
1222 market .It is treated as a loss. Indirect income R.D.D account Sales expenses R.D.D account
assists in taking decision correctly & also implementing it effectively &
1223 efficiently Direct Tax Indirect Tax Service Tax Income Tax Direct Tax
Which of the following is not included in the causes of accidents under natural
1224 disaster? floods heavy rains tsunami gas leakage gas leakage
1225 is a temporary in nature & the erning capacity is reduced due to Partial disablement Total disablement both (option I) & (optionII) None of above Partial disablement
1226 Taking care while working on machinery in motion is a Health provision Safety provision Welfare provision None of the above Safety provision
1227 First -aid appliance in industry comes under . Health provisions Safety provisions Welfare provisions precautions Welfare provisions
1228 Absence of in units will lead to failure in achiving organizational goal. Communication Balance Flexibility All of the above All of the above
1229 is generally from lowest grade employee to the top executives Downward communication Upward communication horizontal communication Unofficial communication Upward communication
1230 act of simulating or inspiring workers Planning Controlling Directing Motivation Motivation
1231 FTA stands for Financial Transfer Arrivel Foreign Transfer Arrivel Foreign Tourist Arrivel Foreign Tourist Foreign Tourist Arrivel
The rates at which the excise duty to be collected are specified in the Central
1232 Excise Tariff Act 1944 1948 1985 1946 1985
A B C D E F G
can be defined as an integrated information system that serves all
1233 departments within an enterprise. MRP MPR ERP EPR ERP
1234 is an intelligent activity includes decision making ,selection of venders Purchasing Purchasing department Procurement Purchase order Purchase order
Suggest appropriate Quantity(%) and purchase rate in the blank spaces provided
1235 in following ABC Classification 50,intermediate purchase 50,infrequent 50,Frequent 40,frequent 50,intermediate purchase
1236 defined as a statistically based process improment methodology or Sigma Six Sigma DMAIC Systemize Six Sigma
It aims to reduce defects to a rate of defects per defect opportunity
1237 by identifying & eliminating causes of variation in business processes 3.1,billion 3.4,million 3.4,thousands 3.4 ,hundreds 3.4,million
Liberalization,Privatizatio Liberate,Private,Globalizatio Liberalization,Privatization,
1238 In India The novel economic model came with an intension of n,Globalization n Liberate,Private,Global None of above Globalization
The items are produced using material with the help of different engineering
1239 processes and technologies is Service Manufacturing Trade None of above Manufacturing
1240 Globalization increases Employement Opportunity Foreign investment Competition All of above All of above
1241 India is awarded a certification of POLIO free country by World Health World Heath Center National Health Center None of above World Health Organization
1242 The main contributor in scientific school Henry Feyol F.W.Taylor Gilberth Juran F.W.Taylor
1243 The unity of authority and plan of action is about Unity of direction Authority Discipline Unity of commands Unity of direction
both (option I) &
1244 Directing can be called Lead Actuate None of above both (option I) & (optionII) (optionII)
1245 Taking decisions and determine the objectives in company is the role of Managament Administration Public Workers Administration
1246 The line organization is developed step by step to shape as the Line organization Line and staff organization Fuction organization All of above Line and staff organization
1247 Workman‟s compensation act for workers came in to existence in year 1950 1992 1986 1976 1992
1248 Ideantify the important health provisions in an industry Ventilation and First aid appliance Sitting facilities None of above Ventilation and temperature
faulty layout or design of faulty layout or design of
1249 Oily or greasy floors is the factor which contributes to accident due to: workers management working place natural diasaters working place
is defined as an accounting book of final entry where transactions are
1250 listed is separate or different accounts. Assets Liability Ledger Journal Ledger
1251 Capital invested in equipments,tools,furniture are termed as Floating capital Sinking capital Working capital Fixed capital Fixed capital
1252 Inheritance tax and Endowment tax are falls under Direct tax Indirect tax Service tax All of above Direct tax
1253 Which are the following are the”Sources of working capital” Trade credit Credit facilities Retained earnings both (A) and (B) both (A) and (B)
1254 Buying new machinery,Doing research and Development are the examples of Deffered taxation Retained earning Depreciation provisions All of above Retained earning
An integrated information system that serves all department within an enterprise
1255 is called as MRP MPR ERP EPR ERP
1256 List the modules in ERP Human resource Purchase Finance and accounting All of above All of above
out will be there iii)Receipt of material is immediate iv)Only order cost and
1257 holding cost Only i Only i and ii Only i and iii i,ii,iii,iv i,ii,iii,iv
Arrange the activities of ABC analysis in the sequential form i)Make the list of
all item as per there value ii)Find out the percentage of high,medium,and low
valued items.iii)Seprate and count the number of costly,medium valued and low
1258 valued items iv)Find out and list all items used in industry iv,ii,i,iii iv,i,iii,ii ii,i,iv,iii iv,iii,ii,i iv,i,iii,ii
ii)Punctuality and continuous efforts iii)Customer service iv)Standization of
1259 work Only i Only i and ii Only ii i,ii,iii,iv i,ii,iii,iv
1260 Quality circle is small group of employees .that is may be to .. 2 ,4 5,8 5,10 2,20 5,10
A B C D E F G
Match the following,select proper option L)Structurize i)Cleaning M)Systemize
1261 ii)Standardization N)Standardize iii)Neatness O)Sanitizeiv)Organization L-ii,M-iv,N-i,O-iii L-i,M-iv,N-ii,O-iii L-iv,M-iii,N-ii,O-i L-iv,M-i,N-iii,O-ii L-iv,M-iii,N-ii,O-i
Which are the following two elements of TQM i)Quality of planning ii)Quality
1262 of design iii)Quality implementation iv)Quality of performance i and iii ii and iv ii and iii i and iv i and iii
Vidarbh Textiles is establishing company. In the first meeting some policies
were determined which includes determine companies objective, Formulate
correct policies,prepare cost and performance standards for budget and prepare
short range plans to evaluate achievements . Identify the function of
1263 management discussed in the said meeting. a) Planning b) Organising c)Directing d)Coordinating a) Planning
1264 How many levels of management are there ? a) Four b) Three c) As per situation d) Can't say b) Three
Who had a main concern to achieve efficiency of Men and Material through
1265 application of Time and Motion Study ? a) F.W.Taylor b) Robinson Boulton c)Gilbreth d)Mery Parker a) F.W.Taylor
1266 Which is the first in planning ? a) Establish taks b) Indentify resources c)Prioritize goals d) Establish goals d) Establish goals
1267 Management is in process since a) Historical period b) After 1800 c) After 1900 d) After 1700 a) Historical period
1268 Who said this ," Management is getting the things done by others "-? a) Henry Gantt b) Drucker c)Mery Parker d)Henry Fayol c)Mery Parker
1269 Which is the fastest growing sector in india now a days ? a) Agriculture b) Fishing c) Service d) Manufacturing c) Service
a) Improper distribution of b) May work against Multinational companies
1270 Which of the following is disadvantage of Liberalisation ? income indigeous industries only d) All of the above d) All of the above
1271 Trade is defined as the agreeable exchange of a) goods b) service a and b both none of these a and b both
metals,minerals,air water metals,minerals,air water
a)Purchases and sales b) Produce industrial into different chemical into different chemical
1272 The chemical industry consists of the companies that chemicals chemicals products b and c both products
1273 Which of the following are types of partners ? Active sleeping a and b both none of these a and b both
Express papers ltd is a joint stock private limited company. What is maximum
1274 limit of members? a) 14 b) 50 c) 7 d) No such limit b) 50
1275 Injury is defined as harm caused to the body such as - a) An abrasion b) Puncture c) Wound d) All of the above d) All of the above
1276 Who is responsible for ungaurdrd moving parts in an industry ? a) Government b) Management c) Workers d) none of these b) Management
1277 The capital required for establishing an organisation is called as - Working capital Fixed capital circulating capital none of these Fixed capital
1278 Financial control ensures- Efficient assets utilisation Security of business assets Shareholder's intrest is All of the above All of the above
Which of the following budget is a forecast of the number of products that must
1279 be manufactured ? a) Sales Budget b) Production Budget c) Purchase Budget d)Cash Budget b) Production Budget
Which of the following types of budgets essential for smooth working of a) Master and sales b) Production and financial
1280 Manufacturing Industry ? baudget Budget c) Capital and Cash budget d) All of the above d) All of the above
and providing the appropriate material of the right quantity at right time and
1281 place ? a) Materials Management b) Operational Management c) Financial Management d) Marketing Management a) Materials Management
a)Annual consumption b)Annual consumption cost c)Annual consumption cost d)Annual consumption cost c)Annual consumption cost
1282 In ABC Analysis ,which inventory is classified into group C ? cost is around 15-25% is around 70-80% is around 5-10% is around 50% is around 5-10%
1283 Items like nuts , bolts ,screws are given a rating of - a) Items A b)Items B c) Items C d) Items D c) Items C
a) X- EOQ Y- Reorder c) X- EOQ Y- Average d) X- Average Inventory Y-
1284 Figure shows Inventory Parameters Identify the parameters at X and Y ? Point b) X- Reorder Point Y- EOQ Inventory Reorder Point a) X- EOQ Y- Reorder Point
A B C D E F G
The company have to generate valueable financial reports by compiling financial
data from every department of company which includes Production, Accounts,
Sales , Purchase, Personnel , Product development and design. Which of the
1285 following module shall execute this task- a) Financial module b)H.R.Module c) Production module d) Prchase module a) Financial module
Figure shows six sigma DMAIC cycle . Identify the missing terms from the
1286 options given below? a) 1- Analyse 3- Define b) 1- Design 3- Analyse c) 1- Define 3- Allot d) 1- Define 3- Analyse d) 1- Define 3- Analyse
1287 ATM Means? Automated Teller All Time Money Automated Trazerer Automatic Teller Machines Automated Teller Machines
1288 Lower Levels operation as Production Purchase Payment All of these All of these
1289 The qualities of Leadership are: Honesty Competent Forward looking All of these All of these
1290 ……………… is division of Labour. Chain of command Authority Responsibility Work specialization Work specialization
The process of classifying an organization on the basis of similar activities,to
facilate planning and control is called
…….□ Organization□ Departmentation□ Decentralization□ centralization□
Departmenta
on&optionb&1'
is also called as Scalar OrganizationL &ine and Staff
organization& Functional organization& Line organization&Project
organization& Line organization& optionc&
1'
…………….. Is an association of two or more persons who have agreed to share
1291 the profits of a business carried on by all or any of them acting for all" Proprietorship Partership Joint Stock Company Co operative Society Partership
1292 Which of the following comes under Government sector BOSCH TATA L & T Ltd ONGC ONGC
To ensure................ , a long term planning related to the required manpower
1293 ,traning and development for employees is required Balance Stability Flexibility All of these Stability
1294 Main aim of Public Sector is Profit motive Service motive Service members All of these Service motive
1295 Which of the following is not a human cause for accidents in industry? Oily or greasy floors mental worries carelessness improper usage of tools Oily or greasy floors
1296 Accidents include injuries because of exposure to : Harmful substances Toxic gases Dangerous fumes All of these All of these
Workmens Compensation Workmens Compensation
1297 Where death from accidents, amount of compensation given by which act Factory Act Minimum Wages Act Act All of the above Act
1298 Tax paid by individual to Central Government of India it is called as Service Tax Income Tax Excise Duty VAT Income Tax
1299 Commission paid to salemen, discount on bills they are debited in Balance Sheet Profit and Loss Account Capital account Trading account Profit and Loss Account
1300 A' type of item are generally ….. Of all inventories cost 0% 10% 50% 1% 1%
……… mainly focuses on the right quantity of items to be stored to reduce the
1301 cost associated with the inventories ABC EOQ ERP SAP EOQ
Master production Bill of Material file with
1302 Input to MRP are schedule lead time Inventory record file All of these All of these
To ensure quality of To procure material at
1303 Objective of Purchasing are material To procure right material reasonable price All of these All of these
1304 ……… module facilitates processes of maintaining the stock levels in a Production Purchasing Sales & Marketing Inventory Inventory
1305 The quality management system of ISO 9001 : 2000 is based on Customer focus Involment of people Process approach All of these All of these
1306 Do it Right First Time- it is principle of ISO TQM TQP All of these TQM
A process whereby superiors and subordinates jointly set goals and assess
1307 contributions of Every one to the common goals is called . MBE MBO MBS MBP MBO
A B C D E F G
Departmentation on the basis of activities grouped according to the type of departmentation by departmentation by departmentation by
1308 customer is . function departmentation byproducts departmentation by territory customers customers
1309 Management By Objectives was introduced by . Taylor Elton Mayo Peter Drucker Maslow Peter Drucker
1310 Motivation based on force of fear is called . negative motivation positive motivation extrinsic motivation intrinsic motivation negative motivation
extra pressure of work on monopoly In skills by few in work gets completed in less
1311 out of following which is not the correct advantage of 'Division of Work'? very few reduced quality of work gets reduced reduced time quality of work gets reduced
1312 No smoking the factor is an example of . rules programme project schedule rules
Management is an organ; organs can be described and defined only through
1313 their functions. This definition was given by . Peter F. Drucker Terry. Louis Allan. Henry Fayol. Peter F. Drucker
1314 By India there is very large export of processed fruits and vegetables Chemicals finished products fishes fruits and vegetables
maximum weight to employment of a young employment of a young
1315 The following picture is associated with : carried person method of carring bricks none of these person
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 the
preceding 12 months, and in any part of which a manufacturing process isbeing
1316 carried on without the aid of power, or is ordinarily so carried on. 40 20 50 100 20
1317 Aim of financial management is at control of cash financial control management of earnings all of the above all of the above
computer software, goodwill, brands / tradmarks, mining rights, copyrights and
1318 patents are known as tangible assets intangible assets capital work in progress none intangible assets
is levied on the sale of commodity, it is produced or imported
1319 and sold for the first time. customs duty sales tax service tax gift tax sales tax
1320 suppose following is budget of a company : 'T' stands for Total cost Total cost on direct labour Total cost on indirect labour Cost per unit Total cost on direct labour
1321 material handing cost means loss due to deterioration cost to be paid to consumer cost of packing material cost of handling material cost of handling material
1322 C' class items are % of the total number of items 10-May 15-25 65-75 none of the above 65-75
To have selective control and focus attention only on important items
1323 will helps manager ABC analysis EOQ inventory none of the above ABC analysis
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 production Well-organized receiving
process. Which of the following would generally not be associated with a and handling of materials Strong management Suppliers located in diverse High quality of materials Suppliers located in diverse
1324 successful JIT program, for the purpose of inventory control? purchased from suppliers commitment and distant locations purchased from suppliers and distant locations
is a computer based system designed to stramline and
1325 integrate various operation and information flows in the company MRP ERP MPS TQM ERP
Each is lead by the area supervisor and all circles are co-ordinated
1326 by a facilitator Kaizen 5S Quality Circle ERP Quality Circle
1327 Six sigma is improvement methodology manufacturing business customer relationship continous business
Following are the principles of : 1) System approach to management 2)
Continual improvement 3) Factual approach to decision making 4) Mutually
1328 beneficial supplier relationships Delegation Organization ISO:9001 EOQ ISO:9001
Kirloskar Oil Engines Karmayogi Sahkari Sakhar Birla Sunlife Insurance Birla Sunlife Insurance
1329 Which of the following organisation belongs to Service Sector? Limited Bajaj Electricals Limied Karkhana Company Limited. Company Limited.
Tata Consultancy Sevices Steel authority of India Tata Consultancy Sevices
1330 Identify the organisation which belongs to Information Technology Sector. Limited Hindustan Antibiotics Limited Bharat Electronics Limied Limited
A B C D E F G
1331 Which of the following is not effect of globalisation in India? Increase in size of market Increase in quality Increase in foreign Decrease in rainfall Decrease in rainfall
1332 Name the scientist who put forward the theory of 'hierarchy of human needs'. Elton Mayo Abraham Maslow Peter Drucker Frank Gilbreth Abraham Maslow
1333 Which theory was put forward by F.W.Taylor? Management by objectives Industrial management Functional Management Scientific Management Scientific Management
Which alternative can replace blank spaces in given statement? Statement: '-------
1334 ---------------- and ---------------------- must always go together.' Authority, opportunity Authority, responsibility Authority, discipline Accountability, productivity Authority, responsibility
1335 Identify function of management from following alternatives. Decision making Conducting market survey Maintenance of machines Material handling Decision making
individual are more The general interests are A subordinate should Interests of individual The general interests are
Identify correct meaning of Fayol's principle 'Subordination of individual important than general more important than generally take interest in his subordinates finally result more important than
1336 interests to the general interests.' interests. individual interests. work into general interest. individual interests.
What is the correct sequence of control procedure? ( P) taking corrective action
(Q) Measuring actual performance ( R )Setting up standard (S) Comparison of
1337 actual with Standard RQSP RPQS RSQP PQSR RQSP
Identify the alternative which does not indicate feature of a joint stock Separation of ownership and
1338 company? Separate legal status Unlimited Liability Perprtual Succession management Unlimited Liability
1339 In which type of organisation decision making activity consumes least time? Line organisation Line and staff organisation Project Organisation Functional Organisation Line organisation
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
1340 ownership will be more suitable for this agro based industry ? Proprietory firm Partnership firm Co-operative Society Private Limited Company Co-operative Society
What is the most suitable base for departmentation for a company selling only
1341 washing machines over entire India? Product Process Function Territory Territory
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
metallurgy,mechanical engineering,computer
software,finance,manufacturing,etc.Which type of organisation structure will be
1342 more suitable for this company? Line organisation Line and staff organisation Project Organisation Functional Organisation Line and staff organisation
Identify the alternative which can correctly replace blank spaces in following
statement. Statement:According to Factories Act ,women workers can work in
1343 factories only in hours between ------------------------------ --. 7:00 a.m. to 7:00 p.m. 7:00 p.m. to 7:00 a.m. 8:00 a.m. to 6:00 p.m. 6:00 a.m. to 7:00 p.m. 6:00 a.m. to 7:00 p.m.
Which industrial Act safeguards interests of workers against their expolitation Workmens' Compensation
1344 regarding wages? Payment of bonus Act Minimum Wages Act Act Industrial Dispute Act Minimum Wages Act
Unsafe loading or unloading through valve of storage Leakage of chemical through
1345 Identify from the following a mechanical cause of accident . Operating at unsafe speed of goods Physical or mental fatigue tank valve of storage tank
1346 Which of the following is not the direct tax? Excise duty Municipal Property Tax Income Tax Gift Tax Excise duty
1347 The expenditure on which of following items can be classified as Working Machine Tools Electricity Generator Maintenance of machines Patents Maintenance of machines
Debenture holders get
Debenture holders can vote interest on their investment Debenture holders have a Debenture holders can vote
Debenture holders are in annual general meeting of irrespective of Company's charge on the assets of the in annual general meeting of
1348 Identify false statement out of given statements creditors of the company. the company. financial performance. company. the company.
1349 Which budget can be considered as summarised budget for entire organisation? Final Budget Central Budget Master Budget Total Budget Master Budget
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
1350 (c )Amount of value added (d) Import of goods p-b,q-a,r-d,s-c p-b,q-d,r-a,s-c p-b,q-c,r-a,s-d p-c,q-a,r-d,s-d p-b,q-d,r-a,s-c
A B C D E F G
Which costs are optimised to find EOQ ? (p)Procurement Cost (q) Material Cost
1351 ( r) Labour Cost ( s) Indirect Cost (t) Inventory carrying cost (p)& (q) (p), (q)& (t) (p)& (t) All (p),(q),( r),(s) and (t) (p)& (t)
Cost of storage of and obsolescence of Cost of insurance of Cost of placing purchase Cost of placing purchase
1352 Which costs can not be considered as inventory carrying cost? materials materials material order for materials order for materials
Time duration between Time duration between
placing an order to the Time required between placing an order to the
supplier and actual Time required to compare receiving the material and Total time required for supplier and actual receiving
1353 What is lead time? receiving material the quotations received actual manufacturing purchase procedure material
1354 What is full form of ERP? Employee Recruitment Energy Resource Planning Enterprise Resource Export Revenue Planning Enterprise Resource
be purchased in large number but their share in 'A'category items require 'A'category items should be
quantity and less annual consumption cost is The safety stock for careful and accurate purchased in large quantity
1355 Which statement regarding 'A'category items in ABC analysis is false? frequently maximum. 'A'category items is kept less determination of EOQ. and less frequently
What is the correct sequence of Purchase procedure? ( P)Decision of purchasing
(Q) Issuing Purchase order ( R )Market analysis of material suppliers (S)
Material requisition received (T)Material receiving,accepting and payment to
1356 supplier (U) Finalisation of suppliers S-P-R-Q-T-U S-R-P-U-Q-T S-Q-R-U-P-T S-P-R-U-Q-T S-P-R-U-Q-T
1357 Identify the position which is not included in organisation for Quality Circle? Facilitator Director Member,Steering Leader Director
Quality increases Quality is defined by the The cost of non quality is
1358 Identify incorrect statement from given alternatives. productivity. customer. high. Quality is negotiable. Quality is negotiable.
1359 What is not included in 5S? Seiri Seition Shinto Seiso Shinto
ISO 9001:Model for
Quality assurance in ISO 9003:Model for Quality ISO 9004:Model for Quality
production,installation and assurance in final inspection management and Quality ISO 8402: Management of ISO 8402: Management of
1360 Find incorrect pair of ISO standard and and its title. servicing and testing system audit programmes audit programmes
Higher the quality,higher Higher the quality,higher the
1361 Which of the following is not principle of TQM? Do it right first time. Continuous improvement the cost. Empowering the staff cost.
Procurement Cost and Procurement Cost and Selling Cost and Production Material Cost and Labour Procurement Cost and
1362 Which two costs are optimised to find EOQ ? Production Cost Inventory Carrying Cost Cost Cost Inventory Carrying Cost
Cost of receiving Interest on capital invested Cost of follow up and Cost of placing purchase Interest on capital invested
1363 Which costs can not be considered as procurement cost? quotation in inventory expediting purchase order order for materials in inventory
A collective term used for materials and A collective term used for
raw materials and consumables,work-in- raw materials and
consumables,work-in- process,finished goods.are consumables,work-in-
1364 What is right meaning of inventory? process,finished goods. A record of all inventions A woman inventor stored. process,finished goods.
Which alternative can replace blank space in given statement? Statement : --------
---------- is a business management system which integrates all functional units Material requirement Enterprise Resource Management Information Enterprise Resource
1365 of the business through a common corporate database. planning Inventory Control Planning System Planning
Preference shareholders have first claim to get Preference shareholders get Preference shareholders Preference shareholders
1366 Which statement regarding preference share holders is incorrect? enjoy voting right. dividend. fixed dividend /annum have low risk of investment. enjoy voting right.
Long term Loan from
1367 Which of following can not be considered as source of fixed capital? financial institutions Retained Earnings Bank overdraft Long term Debentures Bank overdraft
A B C D E F G
Which alternative can replace blank space in given statement? Statement : A -----
------------- is a forecast of revenues ,expenses and resources over a specified
1368 future period of time. Profit and Loss Statement Cash flow statement Budget Balance Sheet Budget
Which industrial Act safeguards interests of workers regarding their Workmens' Compensation
1369 health,safety and welfare? Indian Factories Act Minimum Wages Act Act Industrial Dispute Act Indian Factories Act
Workers talking on mobile Workers talking on mobile
Poor housekeeping in the phones while operating Slippery floors because of Insufficient number of phones while operating
1370 Identify the cause of accident which is a personal factor? plant. machines. spillage of oil on floor emergency exits and doors machines.
Adequate ventilation by Providing facility of Adequate ventilation by
1371 Which of the following can not be considered as welfare activity for workers. circulation of fresh air Providing facility for sitting canteen. Providing facility of creches circulation of fresh air
Identify the alternative which can correctly replace blank spaces in following
statement. Statement:According to Factories Act no adult worker should be
1372 required or allowed to work in a factory for more than -------- --. 12 hours in a day 36 hours in a week 48 hours in a week 10 hours in a day 48 hours in a week
Public sector Industries The main motive of public The main motive of public
encourage development of Public Sector leads to sector units is profit and Public sector generally sector units is profit and
In following alternatives,some statements related with Public Sector are given underdeveloped regions of equitable distribution of social benefit is secondary dominates production of social benefit is secondary
1373 .Identify which statement is incorrect . the country. wealth and income. motive. producer goods. motive.
1374 What is minimum number of members in a public limied company? 2 7 20 50 7
undertake several activities
Joint stock companies Members of joint stock like Joint stock companies have
have no separate legal company have limited expansion,modernisation,di no separate legal status than
1375 Which statement regarding Joint stock companys is incorrect? status than their members. Liability. versification ,etc. None of the above their members.
1376 In which form of ownership,the owner has to bear unlimited liability? Private limied Company Public limited Company Proprietory firm Co-operative Socirty Proprietory firm
For which type of following business, the form of cooperative society will be the Manufacturing of sewing Extraction of oil from Exploration of metals from Extraction of oil from
1377 most suitable? machines Providing laundry services groundnuts mines groundnuts
1378 Identify the subfunction which is not included in Directing function. Leadership Communication Co-ordination Supervision Co-ordination
To guide and instruct To guide and instruct
Identify the alternative which does not give function of middle level To select suitable staff for workers regarding daily To evaluate performance of To execute plans determined workers regarding daily
1379 management. lower level of management workload supervisors by top level of management. workload
1380 Name the scientist who put forward the theory of 'Scientific Management'. Abraham Maslow Frank Gilbreth Henry Fayol F.W.Taylor F.W.Taylor
1381 Which of the following is not an Agro Industry based product ? Jute bags Chemical Pesticide Jaggery Fruit Jam Chemical Pesticide
General Insurance
1382 Identify the organisation which does not belong to Service Sector. Tata Motors Limited Bank of Maharashtra Corporation of India Taj Group of Hotels Tata Motors Limited
manufactured outside India Identity of nationality is Identity of nationality is
Cultural transfusion is Small scale industries are are preferred by Indian enhanced due to foreign enhanced due to foreign
Identify false statement out of given statements in alternatives,regarding effects creating threat to Indian facing severe competition customers compared to collaboration and multi collaboration and multi
1383 of globalisation. culture and tradition. from large scale industries. Indian products national companies. national companies.
Bharat Heavy Electricals Bhima Sahkari Sakhar Birla Sunlife Insurance Bharat Heavy Electricals
1384 Which of the following organisation belongs to Public Sector? Bajaj Electricals Limited Limied Karkhana Company Limited. Limied
A B C D E F G
What is the first step of Purchase procedure? ( P)Decision of purchasing (Q)
Issuing Purchase order ( R )Market analysis of material suppliers (S) Material
requisition received (T)Material receiving,accepting and payment to supplier Material requisition Accepting material and
1385 (U) Finalisation of suppliers Finalisation of Supplier Issuing Purchase Order received making payment to supplier Material requisition received
1386 What is the term used for slow but never ending improvement in all aspects of Kan Ban Seiketsu Kaizen Poka Yoka Kaizen
With reference to 5S, which pair of Japaneese word and its meaning in English
1387 is not properly matched? Seiri-Sustaining Seition-Set in order Seiso-Shining Seiketsu-Standardising Seiri-Sustaining
What is the correct sequence of planning procedure? ( P) Planning premises (Q)
Implementing Plan & taking corrective actions ( R )Evaluating Alternatives &
1388 Selecting the best (S) Developing alternative Plans(T) Fixing objectives TPRSQ TPSRQ RSQPT PTSRQ TPSRQ
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 of
1389 structure is more suitable for this company? Line organisation Line and staff organisation Project Organisation Functional Organisation Line organisation
Industrial Development
1390 Which of the following is not financial institution? State Bank of India Bank of India State Financial Corporation Unit Trust of India State Bank of India
careful attentionand number but their share in 'C'category items should be 'C'category items should be
accurate determination of annual consumption cost is purchased in large quantity purchased in large quantity
1391 Which statement regarding 'C'category items in ABC analysis is true? EOQ. maximum. and less frequently 'C'category are less valuable. and less frequently
Basic objective of Q.C. is Q.C.is based on concept that
to identify and solve work employees closest to the
related problems for problem better understand Q.C.Members meet
improving Quality and nature of problem and its Membership to Q.C. is regularly under guidance of Membership to Q.C. is
1392 Identify wrong statement regarding Quality Circle.(Q.C.) Productivity feasible solution. compulsory their leader compulsory
Knowledge Procedure Knowledge Process Knowledge Process Knowledge Process
1393 KPO stands for Outsourcing OutSourcing Organization None of above OutSourcing
1394 is recruitment of right people at right place in an organization Planning Organizing Staffing Controlling Staffing
1395 was main contributor in the scientific school Frank Gilbreth Peter Drucker Frederick Taylor Henry Fayol Frederick Taylor
1396 has to be maintained in an organization while treating the employees Scalar Chain Order Equity Unity of Command Equity
The managers working at middle level manages the whole organization
1397 and reach to the goal defined by top management. Strategically Tactically Operationally All of the above Tactically
stands for granting of authority to subordinates to accomplish or perform a
particular assignment while operating within pre-decided limits and standards
1398 established Delegation of Authority Responsibility Effective Delegation Accountability Delegation of Authority
are private and mainly created for providing the different services to the
1399 individual as well as society. Private Undertaking Partnership Joint Stock Companies Cooperative Organizations Cooperative Organizations
Joint Stock Private Joint Stock Public Limited Joint Stock Private Limited
1400 In minimum members involved are 2 and maximum are 50 Limited Stock company Company Co-operative Organization Private Undertaking Stock company
are Public welfare Department, Department of Human Resource
1401 Development etc Government departments Public Companies Public Corportations Private Undertaking Government departments
Accident because of Accident because of Accident because of bad Accident because of Natural Accident because of Natural
1402 Tsunami is an human beings Management weather Disasters Disasters
1403 is universal lubricant which keeps enterprise dynamic Capital Finance Budget VAT Capital
A B C D E F G
1404 The is an accounting and a taxation term Retained Earnings Depreciation Provisions Deferred Taxation All of the Above Depreciation Provisions
Equipment Leasing, Straight Equipment Leasing, Straight
1405 Suggest the appropriate types of sources for Middle Term Capital Trade credit, Bank Credit Term Loans Sale and Lease Back, Loans Credit Sales, Trade Credits Term Loans
1406 ABC Analysis plays a vital role in management Finance Inventory Both (a) and (b) Material Inventory
1407 is one which allows lowest cost per unit and is most advantageous Economic Order Quantity Economic Order Quality Equal Order Quantity Equal Order Quality Economic Order Quantity
Material Requirement Enterprise Resource Material Management Material Management
1408 The SAP ERP product is very popular for material management called as Planning Planning Material Resource Planning Module Module
Master Distribution Master Production Schedule, Master Sales Schedule, Master Output Schedule, Master Production Schedule,
1409 Suggest the appropriate inputs to MRP: Schedule, Inventory File Inventory Record File Inventory Sale File Inventory Bill File Inventory Record File
Making request for quotation ii)Selection of possible potentials sources of
supply iii)Selection of right source of supply iv) Receipt and analysis of
1410 quotations i, ii, iii, iv ii, i, iv, iii ii, iii, i, iv iv, i, ii, iii ii, i, iv, iii
Customer Relationship Custom Relative Customer Relationship
1411 CRM is Management Customer Relation Manager Management Customer Relative Manager Management
Need of Internal Audits at Includes Supervision and Monitors and Measures Includes Data Analysis for Need of Internal Audits at
1412 Clause of ISO 9001:2000 Internal Audit includes pre planned intervals Measurements products as well as services continuous improvement pre planned intervals
m) Kaizen ii) Small group of voluntary employees n) 6 sigma iii) 3.4 defects per
1413 million l -i, m-iii, n-ii l- ii, m-iii, n-i l-ii, m-i, n-iii l-iii, m- ii, n-iii l-ii, m-i, n-iii
Statement 1:MRP maintains maximum inventory Statement 2:MRP provides
1414 better inventory turnover both 1&2 are correct both 1&2 are wrong 1 correct, 2 wrong 1 wrong,2 correct 1 wrong,2 correct
To produce material at To maintain standards of
1415 Why purchasing is required lowest cost quality Both a and b None Both a and b
1416 Which Statement is wrong? Zero based budgeting is difficult to implement Consume less time Avoids wastage is costly Consume less time
1417 Labour budget is based on Flexibility Function Mechanism None Function
A budget which is designed to change in relation with the level of activity of the
1418 business capital expenditure budget variable budget cash budget material budget variable budget
According to Workman's compensation act, in which of the following cases Injury caused during Any disablement/death after
1419 should an employer provide compensation to the employee? employment Injury caused by accident accident All of above All of above
1420 Who is responsible for accident Worker Management Working condition All of above All of above
1421 Which is not correct advantage of 'line organisation' It is simple Confusion is less Specialised Easy to understand Specialised
1422 Which is barrier in communication Language problem Poor knowledge Confused information all all
In team work,there is more Talent of each member Teamwork creates good Big task is easier due to Talent of each member
1423 Which Statement is wrong contribution from many cannot be used work culture teamwork cannot be used
Authority can not be Hidher the post,higher is the Authority is right to Authority can not be
1424 Which Statement is wrong delegated Authority is the power to act authority command delegated
Organisation needs Discipline starts from Lack in discipline leads to Discipline starts from
1425 Which statement is wrong ? Discipline has no excuss discipline bottom to top loss control bottom to top
1426 Out of the following which is not function of management Planning Controlling Discipline Directing Discipline
1427 Mc Gregor has given contribution in Concept of bureaucracy Motion Study Theory X &Theory Y Time study Theory X &Theory Y
1428 Domestic trade is also called as Global trade Foreign trade International trade Internal trade Internal trade
1429 India is largest market in the world for Cars Three Wheelers Heavy Vehicles Public travels Three Wheelers
A B C D E F G
Statement 1:procurement is a systematic process Statement 2: Purchasing is a
1430 routine process both 1&2 are correct both 1&2 are wrong 1 correct, 2 wrong 1 wrong,2 correct both 1&2 are correct
1431 Quality managemant Assures Quality Only few do all work Both a and b None Assures Quality
Match the pairsof column 1 & 2 Column 1 a) Seiri b) Seition c) Seiso d)
1432 Seiketsu Column 2 1) Standardise 2) Sanitise 3) Systemise 4) Structurise a-1,b-3,c-4,d-2 a-2,b-1,c-3,d-4 a-3,b-2,c-1,d-4 a-4,b-3,c-2,d-1 a-4,b-3,c-2,d-1
Classification is done after
Graph is drawn after Graph is not drawn in ABC Classification is done after
1433 What is the relationship between graph & classification of A, B, C categories? drawing graph classification analysis None drawing graph
1434 Which is the assumption in EOQ? Cost of placing order is One stock out is allowed Both I & ii options None None
1435 determines quantity & timing for material planning ERP MRP-II MRP SAP MRP
1436 Shares is included under source of finance Short term Medium term Long term None Long term
Statement 1 is wrong & 2 is Statement -1 is correct & 2 both statement 1 & 2 are Statement 1 is wrong &
1437 Statement - 1 : Excise is direct tax Statement -2 : Excise is a commodity tax Statement 1 & 2 are wrong correct is wrong correct 2 is correct
1438 Structure of organisation is represented by Organisation brochure Oragnisation chart Organisation draft All the above Oragnisation chart
1439 Which is the first need in Maslow's need hierarchy? Security Physiology Social Self-Actualisation Physiology
1440 Following industry comes under tertiary sector in economy Mining industry Cement Industry Service Industry Sugar Industry Service Industry
1441 Reserve Bank of India established in 1947 1950 1933 1935 1935
Total involvment of all
1442 Which is the component of TQM? Customer focus Continuous improvement employees All the above All the above
1443 5 S is Systematic way of working Good housekeeping Disciplined Positioning of items Positioning of items
1444 SEZ means special export zone special economic zone state economic zone special engineering zone special economic zone
1445 Which is first need in Maslow's need of hierarchy? Physiological Security social Self actualisation Physiological
1446 Government sector is also called as Public sector service sector People's sector none Public sector
1447 Which is incorrect type of partner? Active Perfect Nominal Sleeping Perfect
1448 Tata motors refers to which of the following company type Public limited company private limited company ownership company partnership company Public limited company
accident in the premises of injury without showing injury without showing
1449 Internal accident means company external signs both none external signs
Facts bades decision making
1450 Six sigma success factors are Leader's commitment Innovative ideas All All
1451 An adult worker can work up to hrs in a day as per factories Act, 1948. 8 9 10 12 9
1452 Who is incorrect person in the defination of Dependent? Wife Minor son Widowed mother Friend Friend
Minimum & Maximum Persons can be partners in
1453 a business 4,20 2,20 4,10 2,10 2,20
1454 Delegation is a right given by a to to make decisions. Manager, Employee C. E. O., H.R. Manager , Supervisior Superior , Subordinate Superior , Subordinate
1455 A public limited company can have minimum and maximum 2, unlimited 2, 100 4, 100 7, unlimited 7, unlimited
1456 The staff specialist provides to line managers. Machines work advice orders advice
1457 Need- want - satisfaction chain is invented by Maslow Taylor Drucker Fayol Maslow
1458 policy covers all the medical expenses following hospitalisation. health insurance travel insurance life insurance motor insurance health insurance
1459 The current effective service tax rate is: 10% 12% 12.36% 15% 12%
1460 Which one of the following is not a current liability? short- term borrowings trade payables short- term provisions long- term provisions long- term provisions
A B C D E F G
1-Production Budget 2- 1-Mft. Overhead Budget 2- 1-Mft. Overhead Budget 2- 1- Cash budget 2- 1-Production Budget 2- Mft.
Mft. Overhead Budget3- Production Budget 3-Cash Production Budget 3- Direct Production Budget 3- Direct Overhead Budget3-Cash
Cash budget4-Direct budget 4-Direct Material Material Budget 4-Cash Material Budget 4-Mft. budget4-Direct Material
1461 select the apropriat options for 1,2,3,4 in above fig. Material Budget Budget budget Overhead Budget Budget
1462 Which is the first step in purchasing? Decision for purchasing Material requisition Finalisation of supplier Market analysis Material requisition
Statement 1- ERP needs exhaustive training to employees Statement 2- Cost of
1463 ERP installation is less Both 1 and 2 correct Both 1 and 2 wrong 1 correct, 2 wrong 1 wrong, 2 correct 1 correct, 2 wrong
1464 Give the % of total consumption cost in above figure A-5-10, B-30-60, C-5-10 A-70-80, B-10-20, C-5-10 A-5-10, B-10-20, C-20-80 A-70-80, B-1-46, C-5-10 A-70-80, B-10-20, C-5-10
1465 Innovation shows steps and Kaizen shows steps in speed of work Big, Small Small, Big Small, Small Big, Big Big, Small
1466 A Pareto chart points out: that the process is in the key cause process capability customer needs the key cause
1467 Which one of the following is not a principle of TQM? customer satisfaction promote communication empowering employee feedback feedback
1468 If XYZ company makes or produces TVs it can be called as type of Service Manufacturing Trade All of these Manufacturing
1469 Infosys is example of industry IT Textile Manufacturing All of these IT
1470 In banking sector ATM stands for Any Time Money All Time Money Automatic Tailor Machine Automated Teller Machine Automated Teller Machine
1471 Edible oil is a product of Textile Industry IT Industry Agro Industry Chemical Industry Agro Industry
Thinking or Determinative Used at low level of Used at all levels of Thinking and Doing Thinking or Determinative
1472 Administration is a function management Management function. function
1473 Management is responsible for the image of the company. Low Top Middle Low and Middle Top
Conceptual, Technical and
1474 skill is needed at the top level of Management Technical Conceptual and Technical Conceptual Human Conceptual
1475 is the most basic and primary function of Management Organizing Purchasing Directing Planning Planning
concerns with the distribution of autorities among the various levels of
1476 management. Initiative Centralization Division of work Order Centralization
function of management consists of man power planning, recruitment,
1477 selection, training of employees etc. Controlling Organizing Staffing Planning Staffing
debentureholder to receive shareholder to receive his priority will be given to
his money before the money before the equal priority will be given shareholder and debentureholder to receive
shareholder gets debentureholder gets to shareholder and debentureholder earns his money before the
1478 In the event of liquidation of the company, a something. something. debentureholder. profit. shareholder gets something.
1479 Co-operative society runs on basis. more profit or more loss less profit or more loss no profit or no loss all of these no profit or no loss
In functional organization an employee reports to several higher authorities is
1480 called as , which is disadvantage of functional organizational. Specialization Delay in decision making Single command Double command Double command
As we move from bottom level of management to higher level of management
1481 the span of control becomes Wide constant Narrow None of these Narrow
In line organization high level of obedience on the part of sub-ordinate is
required. Due to which is developed in the higher authorities, which is
1482 disadvantage of Line type. Autocratic approach Simplicity Prompt Decision Effective discipline Autocratic approach
If an employee gets injured in a factory while working ,then he is eligible to The Maximum Wages Act The employees The employees
1483 receive compensation under act . The factories act 1948 1948 Health Provision act compensation act 2009 compensation act 2009
1484 The capital which is required for day – to – day needs is labeled as capital. working fixed working and fixed Initial working
1485 The overall or summary budget is called as Master Budget Sales Budget Marketing Budget Production Budget Master Budget
A B C D E F G
If salary of an employee is above 12 lacs per annum, then he will pay tax
1486 to central Government. Income VAT Octroi All of the above Income
1487 Identify taxes collected by Central Government Income and Excise Custom duty stamp duty and luxury Octroi Income and Excise
1488 Identify taxes collected by state Government Income and Excise Custom duty stamp duty and luxury Excise only stamp duty and luxury
1489 In EOQ : Economic Order Quantity; Q is Holding cost Annual Demand Quantity Purchase price Order quantity Order quantity
1490 Preperation of comparative statement is part of procedure. Staffing Production Purchasing Recruitment Purchasing
Motor byke ready with engine fitting and all other accessories but without tyres
1491 is example of inventory Indirect Semi-finished finished Raw Semi-finished
In case of Inventory management match the following a. Raw Inventories b. In
process Inventories c. Finished Inventories d. Indirect inventories. p. They
include lubricants and other items, like spare parts, needed for proper operation,
repair and maintenance during manufacturing cycle. q. semi finished goods r.
1492 waiting for dispatch s. raw materials a - p; b - q; c - r; d - s; a - s; b - r; c - q; d - p; a - p; b - r; c - q; d - s; a - s; b - q; c - r; d - p; a - s; b - q; c - r; d - p;
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 A type : mother board, A type : screws; B type : A type : mother board, A type : mother board,
RAM, power supply, screws for mother board fitting etc. then which is A type, RAM; B type : power power supply; C type : RAM; B type : screws C RAM; B type : power
1493 B type and C type ? supply; C type : screws mother board, RAM; type : power supply; None of these supply; C type : screws
1494 Kaizen is basically technique Japanese Chinese American Indian Japanese
1495 The parts per million defects are accepted in 6 sigma is 1.4 2.4 3.4 4.4 3.4
1496 In 5 S technique can also translated as "Set in order" or "Stream line" Seiri Seiton Seiso Shitsuke Seiton
1497 What plays an important role in the Indian Textile Industry ? Satin wood cotton machines cotton
1498 Which of the following is not a basic function of the management process? Controlling Organising Working Leading Working
1499 In line organisation ,who is responsible for final result? The worker The Superior authority The managers The foreman The managers
1500 Which of the following is not the advantages of a public limited company? Quick Formation Large Capital Professional Management Limited Liability Quick Formation
1501 Which of the following is not the responsibility of a production manger? Quality Quantity Storage of goods Controlling accidents Storage of goods
1502 In partnership, the partners have unlimited liability, is it true or false? TRUE FALSE Partly True Partly False TRUE
1503 What happens in fatal accident? Hospitalisation Fractures Disablement Death Death
1504 is a factor influencing requirements of fixed capital ? capitalisation Nature of business higher operating efficiency none of above Nature of business
1505 Which one of the following is not a major section in cash budget? Receipts Section Disbursements section Financing Section Capital section Capital section
1506 Which one of the follwing is not a tax charged by the central Government? Income Tax Customs duties Weaith tax Stamp duty Stamp duty
1507 Service tax is applicable to the whole of India except the state Goa Assam Jammu and Kashmir Punjab Jammu and Kashmir
1508 What are the various costs involved in material management? Procurement costs Inventory carrying costs Total cost a and b both a and b both
1509 One of the functions of MRP Forecast of material Reducing waste Economy in buying all of the these all of the these
1510 Which one of the following can be an ERP module ? Human resource sales and marketing Finance all of the above all of the above
1511 An activity under quality assurance : process control Continuous improvement benchmarking none of above process control
1512 Which one of the following benefits the customer due to TQM ? Greater satisfaction less number of problems Customer empowerment Both 'A' and 'B' Both 'A' and 'B'
1513 Old Indian textile industry was predominantly based. Polyster Cotton Synthetic Textile Blended Fabrics Cotton
1514 Which one of the following categories of chemical industry has smallest Basic Chemicals Life Sciences Specialty Chemicals Consumers Products Life Sciences
1515 Espirit de Corps means . Coordination Principle of management Name of the company Management concept in Principle of management
1516 Aim of Departmentation is to . Distribute the work Make people specialised Give freedom for each All of above All of above
Works on democratic Ownership is in the hands of Ownership is in the hands of
1517 Which statement about cooperative society is wrong? principal Membership is voluntary the Government It is private ownership the Government
A B C D E F G
1518 Week as per Factory Act is a period between two . Mondays Saturdays Sundays Thursdays Saturdays
1519 According to Factory Act , drinking water must be away from latrine by 12 3 6 9 6
1520 Working capital is also called as . Fixed capital Floating capital Blocked capital Circulating capital Circulating capital
1521 #NAME? Income tax Customs duty wealth tax Gift tax Customs duty
1522 1) VAT is not simple and transperent 2) VAT is progressive form of Sales tax. Both 1 & 2 are correct Both 1 & 2 are wrong 1 correct & 2 wrong 1 wrong & 2 correct 1 wrong & 2 correct
1523 Material planning is based on data from . Sales Department Production Department Purchase Department All Sales Department
1524 Holding cost is also known as . Receiving Cost Carrying cost Production cost Design cost Carrying cost
Tightly controlled inventory
1525 In ABC analysis which one is incorrect about 'A' items Most important items Weekly control statement Insignificant items Insignificant items
1526 Which one of the following is one of the aspect of TQM? Quality aspect Continuous improvement Customer satisfaction Product aspect Product aspect
1527 Six Sigma implies that . A statistical method A trouble shooting method Teams are effective 3.4 defects per million 3.4 defects per million
1528 Which one of the following is a benefit of the Kaizen? Improved efficiency Improved Safety Employee Satisfaction All of these All of these
1529 Classification of industry based on Area of work Kind of ownership Both(i) and (ii) None of the above Both(i) and (ii)
1530 SEZ policy announced in 2000 1999 2001 2002 2000
1531 Getting the things done through others is called Direction Adjustment Organisation Management Management
1532 First step in planning is Establish goals Identify resources Prioritize goals Establish tasks Establish goals
It is a function of It is a principle of It is management concept in It is a principle of
1533 What is Espirit De Corps? management management Russia It is a name of company management
1534 Achievement due to one will be shared by all others, this happens in General partnership Limited partnership Both(i) and (ii) None of the above General partnership
1534 Achievement due to one will be shared by all others, this happens in General partnership Limited partnership Both(i) and (ii) None of the above General partnership
1535 About budget, which statement is wrong It is not time bound Quantity of money is the It defines policies It is prepared before the It is not time bound
1536 Following is not concerned with material management MRP SAP ERP 5'S' 5'S'
1537 QA is Quality Administration Quality Affiliation Quality Assurance Quality Action Quality Assurance
In ABC Analysis, Items that are extremely inexpensive or have low demand are
1538 termed as A Items B Items C Items D Items "C" Items
1539 Tax to be paid by manufaturer of goods/commodities/products to government is Custom Duty Excise Duty Income Tax VAT Excise Duty
To purchase materials at To minimize investment
1540 Which of the following is/are objectives of materials management To reduce material cost lowest cost related to inventories All of the Above All of the Above
A financial statement showing assets and liabilities of company at any given
1541 time is known as Profit & Loss Statement Balance Sheet Budget Capital Balance Sheet
1542 The Stock of goods in hand at the beginning of the year is known as Sales Closing Stock Opening Stock none of these Opening Stock
1543 Which of the following is not an example of fixed capital? Payment of employee Land Building Machinary Payment of employee wages
1544 Which of the following is external source of capital? Retained Earnings Depreciation Provisions Share Capital Deferred taxation Share Capital
1545 Safety promotes Sales Productivity Profit Research Productivity
1546 Which Act safeguards interest of workers engaged in factory Indian Factory Act Workmen's Compensation Minimun Wages Act Industrial Dispute Act Indian Factory Act
1547 Accidents happen in industry because of - Workers Management Design of working place All of the Above All of the Above
1548 BSNL is a Public Limited company Joint Stock Company Private Limited company none of these Public Limited company
Simple,easy & Flexible Clear & Simple division of
1549 Line organization is characterized by structure authority No working confusions All of the Above All of the Above
see if her department met the target, she is performing which of the following
1550 functions? Planning Controlling Organizing Directing Controlling
A B C D E F G
A force that causes & inspires an individual to behave in a specific way and to
1551 increase his performance is called as Motivation Teamwork Quality Satisfaction Motivation
Which of the follwing function of management involes measuring & comparing
1552 current performance against the established standards Planning Controlling Organizing Directing Controlling
1553 Planning may fail because of Incomplete knowledge of Absence of data analysis Unrealistic nature of plan All of the Above All of the Above
1554 Administration is ---- activity in organization Top Level middle lever Lower Level Upper middle Level Top Level
Over use & heavy Over use & heavy
dependence on dependence on
Increased free trade Information & Money is communication Media & IT Transportation of people & communication Media
1555 Which of the following is NOT the advantage of Globalization? between nations flowing more rapidly Services goods became & easy & IT Services
1556 Travel & tourism business comes under Service Industry Manufacturing Industry Trade Sector none of these Service Industry
1557 IT Enabled services ( ITES) includes Call centers BPO LPO All of the Above All of the Above
Which of the following includes monitoring & controlling of banking &
1558 financial systems throughout India SEBI RBI IDBI NABARD RBI
Voluntary without any Voluntary without any
1559 In quality circle Participation of employees in the group is compulsion or Pressure Non Voluntary Randomly None of these compulsion or Pressure
1560 First Preference in TQM is given to The customers Continuous Improvement Zero Defects Training & Development The customers
1561 Inspection assures that The process is in controlWorkers are motivated Product meets Specification Quality Problems are Solved Product meets Specification
1562 Commerce is also called as . Service Manufacturing Trade All of above Trade
1563 Out of the following which is not the function of management Decision making Coordinating Reporting None of above None of above
1564 From the options given below, who belongs to the lower level of management? Clerks Supervisors Data entry operators All of above All of above
1565 Which is the appropriate reason of failure of good plan? Insufficient data Lack of knowledge Over confidence All of above All of above
1566 Determine objectives and goals is step in the process of organizing. first second third last first
1- Top management, 2- 1- Vertical management, 2- 1- High management, 2- 1- Up management, 2- 1- Top management, 2-
Identify the levels of management with respect to the position held by the Middle management, 3- Middle management, 3- Centre management, 3- Low Centre management, 3- Middle management, 3-
1567 different persons in organization. Lower management Horizontal management management Down management Lower management
Members are involve in
1568 Which is the disadvantage of co-operative society? Beneficial to common man decision making Straightens rural economic None of these None of these
1569 Security of job is maximum in . Partnership Public sector Joint Stock companies Co-operative societies Public sector
1- Sender, 2- Channel, 3- 1- Sender, 2- Channel, 3- 1- Sender, 2- Receiver, 3- 1- Sender, 2- Noise, 3- 1- Sender, 2- Channel, 3-
For the given figure label the number with the appropriate components of Receiver, 4- Noise, 5- Receiver, 4- Feedback, 5- Channel, 4- Noise, 5- Feedback, 4- Receiver, 5- Receiver, 4- Noise, 5-
1570 communication process Feedback Noise Feedback Channel Feedback
According to Factory Act,an ambulance room should be provided by every
1571 factory if the number of workers is more than . 500 300 400 450 500
takes in account only those cost, e.g. direct labour and material,
1572 which vary with output and over which the department has control Fixed budget Variable budget Functional budget All of the above Variable budget
capital is that amount of capital which must be in cash or
1573 current asset for continuing the activities of business. Gross working Net working Permanent working Temporary working Permanent working
Select an appropriate response from the options that fits in the blank space Short term budget, Long Fixed budget, Flexible Functional budget, Master Nominal budget, Precise Short term budget, Long
1574 provided in the budget chart: term budget budget budget budget term budget
A B C D E F G
The ate of items does not change with
The ordering cost is demand/consumption does quantity i.e. no discount is
1575 Which of the following is not correct assumption in calculating EOQ? constant not change The lead time is not fixed available The lead time is not fixed
Each event of ordering has a certain cost associated with it called
1576 . procurement cost carrying cost holding cost purchasing cost procurement cost
ABC analysis divides an organization on hand inventory into three classes based
1577 upon: annual consumption value annual consumption unit price the number of units on hand annual consumption value
They are now shifting gears They have a virtual They are now shifting gears
They have been slow to to develop applications for stranglehold on "back- to develop applications for
develop offerings related They have a huge installed good electronic commerce office" functions such as good electronic commerce
1578 Pick the false statement about ERP vendors. to e-commerce. base of customers. websites. order fulfillment. websites.
systematically developing continuously improve and gathering and analyzing key systematically developing
and communicating a listening and responding to increase their satisfaction performance indicators to and communicating a
customer – focus mission, the customers‟ needs and with their process and improve organizational and customer – focus mission,
1579 An effective QMS focuses on strategies and action plans expectation environment process result strategies and action plans
structurize, systemize, systemize, sanitize, sanitize, standardize, self- self-discipline, structurize, structurize, systemize,
5S was developed in Japan and stands for the Japanese words seiri, seiton, seiso, sanitize, standardize, self- standardize, self-discipline, discipline, structurize, systemize, sanitize, sanitize, standardize, self-
1580 seiketsu, and shitsuke. The English equivalent of 5S is - discipline structurize systemize standardize discipline
Statement 1: The organization must establish, document, implement and the second statement does
maintain documented procedures for its internal audit, corrective and preventive The first statement is true, The first statement is false, Both statements are true, not provide an adequate Both statements are true, and
action processes, among others Statement 2: This is a requirement of ISO but the second statement is but the second statement is and the second statement explanation for the first the second statement
1581 9001:2000 false true explains the first statement. statement. explains the first statement.
1582 Manufacturing is . completing demand production of merchandize gaining profit None of above production of merchandize
1583 is described as willing exchange of goods. Service Manufacturing Trade All of above Trade
The Indian Textile industry was predominantly based
1584 during post independence. Wool Cotton polymers and plastics Fabrics Cotton
Framing rules and
Giving recommedations to Interpretation of policies regulations to be followed bt
1585 The functions of middle level management are top management framed by top management lower level management All of above All of above
Among the given options who are designated as members of middle level of
1586 management? Senior Managers Junior Managers Supervisors All of above All of above
Comparing actual performance with the standard is steps in process
1587 of directing. first second third last third
these basic steps: (1) identifying the problem; (2) identifying resources and
constraints, (3) generating alternative solutions, (4) evaluating alternatives, (5)
selecting an alternative, (6) implementing the alternative, and (7) monitoring the
1588 alternative Directing Controlling Decision making Coordinating Decision making
Bank of Maharashtra, Bata India Ltd, Bharat fertilizers Ltd etc, are which types
1589 of companies? Government departments Public companies Public corporations All of the above Public companies
Crèches should be provided when there are more than female workers
1590 having children of age below years. 100, 6 25, 6 25, 9 30, 6 30, 6
1591 is prepared to co-ordinate between various budget. Master budget Sales budget Production budget Material budget Master budget
A B C D E F G
Determine the financial of Fix product price giving due
Keep a check and control Periodically evaluate the the organization after consideration to profit Keep a check and control
1592 Which of the following is function of financial management? over the expenditure progress of each department analyzing efficiency optimization over the expenditure
1593 What is the total amount of liabilities from this balance sheet? 22290 120140 225770 Nil 22290
Instead of each department having its own database of information, puts all
1594 of the information into a single place MRP MPS BOM ERP ERP
is the process of planning, procuring, storing and providing
the appropriate material of the right quality, right quality at the right place in the
1595 right time. Financial management Materials management Operation management Marketing management Materials management
1596 is just a transaction and is basic activity of purchase Purchasing Placement Procurement Purchase order Purchasing
(1) Ordering cost (2) (1) Storage cost (2) Ordering (1) Inventory cost (2) (1) Ordering cost (2) (1) Ordering cost (2) Storage
1597 From the EOQ, label the cost at point 1 and 2. Storage cost cost Ordering cost Inventory cost cost
1598 Which statement about kaizen is wrong? It needs heavy investment It gives commitment to It is a Japanese technique It is a continuous It needs heavy investment
Small and Medium sized Small and Medium sized Small and Medium sized Small and Medium sized Small and Medium sized
1599 SME's stands for . enterprises entity enrollment effects enterprises
is popularly known as the Silicon Valley of India and IT
1600 capital of India. Mumbai Hyderabad Bengaluru Kolkota Bengaluru
Business aims to identify factors hampering industrial
1601 growth and seeks to redress the above factors. Service Manufacturing Trade All of above Manufacturing
1602 Which is not the principle of management, according to Henry Fayol? Centralisation Authority Decentralisation Esprit de corps Decentralisation
In the words of “planning is deciding in advance what to
1603 do, how to do it, when to do it and who is to do it.” Oliver Sheldon Mary Follet Henry Fayol Harold Koontz Harold Koontz
Measuring actual performance is the steps involved in
1604 the process of controlling. first second third last third
Top level is known as because all important decision related to whole
1605 organization is taken by top management Strategical Level Tactical level Operational level All of above Strategical Level
Both hierarchy and
1606 Vertical dimension of organization structure defines . Departmentation Hierarchy departmention Divisions Hierarchy
1607 Which of the following can be considered as a project organisation? Car production Manufacturing of parts Installation of a dairy None of the above Installation of a dairy
1608 Which of the following business type, has to pay double taxes to the Sole proprietorship Partnership Cooperative Societies Joint stock company Joint stock company
According to Workmen's compensation act, a widow, a minor son and a widow
1609 mother qualify as of a worker. Dependents Workmen Minors None of above Dependents
An indirect Tax levied on those goods which are manufactured in India and are
1610 meant for home consumption is called Income tax Customs duty Excise duty Gift tax Excise duty
financial requirement of Motivate the existing
the organization Determine the sources from sources of finance to
considering investment, which finance can be provide further finance in
1611 Which of the following is function of financial management? expansion etc. obtained the future when required All of above All of above
Trial balance account Profit and Loss account Trial balance account
1612 From which accounting sheet, the net profit in balance sheet is carried down? statement statement Balance Sheet statement Petty Cash book statement statement
Which of the following methods of stock control aims at concentrating efforts
1613 on selected items of material ? Perpetual inventory system Material turnover ratio Level setting ABC analysis ABC analysis
A B C D E F G
determine various controls determine various controls
1614 The activity of ' Control " in Six sigma refers to: develop alternative needed and validate them prepare control chart none of the above needed and validate them
Fill in the blank space provided in the figure with an appropriate tool given as
1615 options. Quality control Quality circle TQM Quality Assurance Quality control
also known as Cyber City is the major IT and BPO hub in India
1616 which has major IT MNC‟s together and hence called as Hitech City. Mumbai Hyderabad Bengaluru Kolkota Hyderabad
industry primarily refers to manufacturing that is
1617 associated with formulas, procedure, development, method and practice. Engineering Process Textile Hospitality Process
1618 Review of plan is the step in the process of planning. first second third last last
From the figure of levels of management which are the principles that flows responsibility, 2- 1- Command, 2- Authority 1- Authority, 2- 1- Responsibility, 2- 1- Authority and
1619 upward and downward? Command and responsibility Responsibility Auhtority responsibility, 2- Command
Human skills and technical Technical-skill needs remain Human skills remain Both human-skill and Human skills remain
skills remain equally necessary and human skills necessary and technical-skill technical-skill needs necessary and technical-skill
Which of the following is true concerning technical and human skills of a important as manager‟s decrease as manager‟s move needs decrease as manager‟s decrease as managers move needs decrease as manager‟s
1620 manager? move to higher levels to higher levels move to higher levels to higher move to higher levels
1621 One canteen should be provided atleast per workers in a factory. 200 250 100 150 250
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 Workman Compensation
1622 is the primary purpose of the – Factories Act Industrial Disputes Act Act Minimum Wages Act Workman Compensation Act
budget shows the estimate of direct labour needed to carry out
1623 the budget output. Material Purchase Direct labour Overhead Direct labour
includes the free reserves of the company which are built out of the
1624 genuine profits of the company. Share capital Reserves and surplus Other long-term liabilities Long-term provisions Reserves and surplus
Land, buildings, plant and equipment, furniture and fixtures, vehicles and office
1625 equipment are called Tangible assets Intangible assets Capital work in progress None Tangible assets
Part which is ready to Sub - assemblies purchased Part which is ready to
1626 What do you mean by finished part? dispatch to customer. Material in stores . Semi - finished components. from suppliers. dispatch to customer.
include raw material and semi-finished products supplied
1627 by another firm and which are raw items for the present industry. Raw inventories In-process inventories Finished inventories Indirect inventories Raw inventories
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
1628 have proper inventory control? Control analysis Cost analysis Pareto analysis None of the above Pareto analysis
1629 How many steps are there in implementation of 5S? 4 5 6 7 5
The basic goal of is to ensure that the product or/and services meet
1630 specific requirement. Quality team Quality assurance Quality circle Quality control Quality control
ensure continuos ensure continuos
1631 In PDCA , Act consists of which of the following? improvement analyse result plan Policies train employees improvement
Breakthrough projects that Breakthrough projects that
Continual improvement of may lead to the may lead to the
According to ISO 9004:2000, what kind of improvements is normally carried Small-step ongoing the efficiency of the quality implementation of new implementation of new
1632 out by cross-functional teams outside routine operations? improvements management system processes All of the above processes
A B C D E F G
industry primarily deals with the design, manufacture
1633 and operation of structures, machines or devices. Engineering Process Textile Hospitality Engineering
To conduct day to day activities, monitor daily progress and reporting to middle
1634 level management is the function of level of management. top middle lower None of above lower
1635 Which is the principle of organization? Delegation Span of control Authority and responsibility All of the above All of the above
1636 In a tall organisation structure, the span of control is . economical big wide narrow narrow
1637 As per Factory Act, 1947, a child is a person whose age is less than 15 years 10 years 18 years 21 years 15 years
1638 Safety management deals with . loss of life personal injury damage to the equipment prevention of an accident prevention of an accident
safe workplace and safe workplace and working
1639 Good layout and reduction in noise level are examples of working conditions Atmospheric conditions Dangerous fumes Working with unsafe speed conditions
1640 Working capital can be financed through . Share Medium term debentures Loan from banks All All
refers to sparing of the replacement cost of tangible assets like
1641 building, machinery, etc. Depreciation Amortisation Liability Inventories Depreciation
1642 Sales returns represents value of goods returned by the . market customers salesmen financers customers
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
1643 refered as . Retained earnings Depreciation provisions Deferred taxation All of the above Deferred taxation
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
1644 products they are buying. Direct tax Indirect tax Service tax Income tax Indirect tax
increase as quantity decreases as quantity decreases as quantity increase as quantity ordered decreases as quantity
1645 The procurement costs . ordered increases ordered decreases ordered increases decreases ordered increases
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
following questions. (1) How much should I order? (2) How often should I
1646 place each order? EOQ ABC analysis Control chart ERP EOQ
1647 Formulate company quality policy is function of . ERP Quality assurance MRP Quality control Quality control
1648 Which one of the following does not belongs to Process Industry? Chemical Textiles Agricultural Information Technology Information Technology
1649 Which one of the following is the advantage of effective decision making. Quick actions No delays No confusion All of above All of above
When an employee receive orders and report to only one superior rather than
1650 multiple bosses, the principle is called as . Unity of Direction Unity of Command Discipline Division of Work Unity of Command
Proper , facilitates employees appraisal, as managers can easily
measure the performance of supervisors/subordinates as per the standard and
1651 provide them necessary feedback for appraisal. coordination direction cooperation control control
In line organisation, the authority flows from to
1652 . subordinate, subordinate superior, superior subordinate, superior superior, subordinate superior, subordinate
1653 Which statement is false about 'nominal partners‟? Business can use their Do not invest Do not actively involved All are correct All are correct
1654 The organisation always prefers to have span of control. small economical wide narrow wide
1655 Long term sources of finance are required for . 0-1 years 1-5 years Above 5 years None Above 5 years
The suppliers of goods and services to the company provide various goods and
1656 services with an expectation of payment in future is called trade credit clean advance over draft export trade credit
1657 Which one of the following is a type of preference shares? ordinary or shares deferred shares equity shares noncumulative shares noncumulative shares
A B C D E F G
1658 The table shows the tax rates for which types of taxes? Sales Tax Wealth Tax Gift Tax Income Tax Income Tax
1659 Procurement cost is obtained by plotting against ordered cost investment profit sales cost
is the collective stock of items which is required for routine
1660 functioning of industry. Purchase Inventory Tool room None Inventory
Fit for purpose and “ Right first time and everytime” are the principles of
1661 ? EOQ Budget Quality assurance MRP Quality assurance
In all are encourage to come up with small suggestion on
1662 a regular basis. ERP ABC analysis Globalization Kaizen Kaizen
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
value as the key 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 G1 – B items, G2 – C G1 – C items, G2 – A items, G1 – C items, G2 – C items, G1 – A items, G2 – B items, G1 – A items, G2 – B items,
1663 have they classified the product group in A, B and C category items? items, G3 – A items G3 – B items G3 – A items G3 – C items G3 – C items
Indian Travel Indian Tourism Indian Tour Development Indian Tourism
1664 ITDC stands for Development Corporation Development Corporation Corporation All the above Development Corporation
1665 Which process is the part of textile industry? Spinning Weaving Dyeing All of above All of above
may be refer to particular area of economic activity
such as the real estate business, computer business, poultry, farming,
1666 telecommunication, shipping, tours and travels, etc. Construction Business Balance Sheet All of above Business
1667 Evaluation of alternative is done in which step of decision making process? first second third last third
1668 Which is not the type of departmentation? By function By product By process By material pattern By material pattern
Trained and experienced Capacity of executive or
1669 Which are factors on which span of control depends? subordinate Type of work manager All of the above All of the above
1670 An activity in which people practice leaving a place quickly is called fire drill fire show fire play work permit fire drill
is a book or computer file in which all monetary transaction are
1671 originally entered. Budget Account Journal Ledger Journal
1672 represents what the company has to pay others. Liabilities Assets Reserves none of the above Liabilities
Periodically evaluate the Determine the financial Periodically evaluate the
material consumption of Decide whether to finance a Decide basis for the position of the organization material consumption of
1673 Which of the following is not function of financial management? each department new plant or not expenditure of funds after analyzing efficiency each department
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
1674 form of income tax, wealth tax and etc. Which is this type of tax? Direct tax Indirect tax National tax Foreign tax Direct tax
Low complex and low cost items that are typically commercially available and
1675 require little manager control are called . Items A Items B Items C None Items C
A detailed list of all kinds of goods handled by business is called
1676 . production design inventory operation research inventory
management is defined as an attempt to balance inventory
needs and requirements with the need to minimize costs resulting from obtaining
1677 and holding inventory. Financial Marketing Inventory Production Inventory
1678 department floats enquiries and processes quotations. Sales budget Purchase Production Inventory Purchase
1679 In this Stock control chart, label the buffer stock – (a) Between (b) and (c) Between (a) and (b) (c) (a)
A B C D E F G
American Society for Qualiy (ASQ) defines, “ as the planed and
systematic activities implemented in a quality system so that quality requirments
1680 for a product or service will be fulfilled .” Quality Assurance 5S Quality Kaizen Quality Assurance
International Trade International Tariff International Trade
1681 ITO stands for . Organization Indian Trade Organization Organization Indian Tariff Organization Organization
1682 Which one out of the given options is not a broad category of chemical Basic chemicals Durable products Life sciences Consumers products Durable products
1683 Top level management includes Managing Directors (MD) Chief Executive Officers President All of above All of above
Decision making is not linked with function of
1684 management. planning organizing staffing reporting reporting
1685 Business secrecy is less in . Proprietorship Partnership Joint Stock companies Public sector companies Public sector companies
1686 Infosys is which type of company? Public Limited Private Ltd. company partnership None of them Public Limited
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 the doctors 3) 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
1687 come under which type of departmentation? Product Process Area Function Area
1688 is a person who has completed the 18 years Adult Adolescent Child Young person Adult
budget is a forecast of the number of products that must be
1689 manufactured. Sales Production Purchase Cash Production
1690 Which is not the direct tax? Income tax Corporation tax Gift tax Excise tax Excise tax
Capital is required to start Capital is required to run the Capital is required to Capital is required to sell Capital is required to sell the
1691 Which of the following is a false statement? the business business expand the business the business business
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,
1692 value added tax or custom duty. Which is this type of tax? Direct tax Indirect tax National tax Foreign tax Indirect tax
Complex and expensive parts are items that require strict management and
1693 control are called . Items A Items B Items C None Items A
Maintenance of records Making request for Analysis of purchase Analysis of purchase
1694 Which is the first step in process of purchasing? and files Issuing the purchase order quotations requisition requisition
To procure material at To develop reliable sources To develop alternating
1695 Which of the following is not objective of purchasing? reasonable price of supply sources of supply To facilitate waste To facilitate waste
1696 From the graph, the point Q at which slope = 0, is called . Quantity Order Quantity Economic Order Quantity Quality Economic Order Quantity
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 Workmen‟s compensation
1697 how to use them, is the clause of . Factory act Minimum wages act ISO:9001 act ISO:9001
processing and preserving agricultural products for intermediate or final
1698 consumption. pre-harvest post-harvest crop-yielding All of above post-harvest
is the process of transformation of a regional
1699 phenomenon into global ones. Organization Liberalization Privatization Globalization Globalization
major contribution to the management theory in
1700 his 14 principles of management that are based on his thoughts and experiences. Henry Fayol Henry Gantt F. W. Taylor Lillian Gilbreth Henry Fayol
1701 gives power in hands of centre. Discipline Centralisation Authorty Responsibility Centralisation
A B C D E F G
1702 Lower level is also known as Strategical level Tactical level Operational level All of above Operational level
Effective helps employees to eliminate wastages and
1703 achieve better results. coordination decision making planning directing coordination
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
performed by the workers. So what is the actual line of function of management
1704 he is concentrating on? Controlling Coordinating Reporting Organizing Controlling
1705 Which one is not the disadvantage of staff organization? Difficult to handle experts Lack of specialization Ego of specialty Discipline in lacking Lack of specialization
1706 Which is not the advantage of delegation? Control of Centre Stress level on manager Work can be finished in Work load is reduced Control of Centre increases
1707 The figure depicted below shows departmentation by – Process Product Function Area Product
1708 A tax levied on services rendered by a person is called . Income tax Service tax Wealth tax Gift tax Service tax
Shareholder are the owners Debenture holder are Debenture holder are Debenture holder are owners
1709 Which is the following is a false statement? of the company creditor of the company Shareholder get dividend owners of the company of the company
A planned capital investment in the business without disrupting the normal administrative expenses
1710 working of the company is materials budget budget capital budget cash budget capital budget
include purchase of raw material, semi-finished
1711 components, standard components or/and subassemblies from suppliers. Raw material inventory In-process inventory Finished product inventory Indirect inventory Raw material inventory
From the graph of graph of inventory level versus time, the value Q/2 is called
1712 . Final inventory Average inventory Total inventory Zero value inventories Average inventory
is a management technique used to communicate with employees, in
order to produce the desired quality of products and services to be render to Quality Management
1713 influence employee actions to complete tasks as per quality standards. Quality Control 5S Kaizen System Quality Management System
1714 Quality Assurance is a approach Proactive Reactive Passive None Proactive
1715 What is the proper sequence for the implementation of TQM? Plan - Act - Check - Do Plan - Do - Act - Check Plan - Do - Check - Act Act - Do - Check - Plan Plan - Do - Check - Act
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.
This technique helps in taking the right decision for selection of the machine
1716 with higher processing capabilities. Which type of chart is this? Ishikawa diagram Control chart Pareto analysis Check list Control chart
1717 Which company is associated with Insurance? LIC ICICI Star Health All of above All of above
industries are owned and run by rural households with very
1718 little capital investment and a high level of manual labour Village Small scale Large Scale Medium Scale Village
poverty line by shifting the majority of the workforce out of low-wage
1719 agriculture. Manufacturing Trade Service None of above Manufacturing
1720 Which is next step after planning? Controlling Directing Organizing Coordinating Organizing
Management is not directly visible instead; its presence is observed in the form
of results such as higher productivity, higher efficiency, disciplined work force,
1721 etc. Hence management is . Tangible Intangible Concrete None of above Intangible
Managers must develop a team spirit among the subordinates by
1722 the activities of everyone to achieve the team objectives. organizing cooperating coordinating planning coordinating
1723 Which of the following is the advantage of a narrow span? closer supervision lower overhead economical more delegation closer supervision
1724 Assistant to the president of a company refers to which type of authority? Line Functional Assistant Staff Staff
A B C D E F G
hazardous arrangement of
1725 Out of the following one which is not an unsafe condition ? long working hours improper material handling material poor house keeping long working hours
1726 budget, generally deals only with the direct materials. Master Sales Production Material Material
is record of an organization that registers all financial
1727 transactions. It is a written statement of all business dealings or debts and credits Budget Account Journal Share Account
is a types of indirect tax leived on goods imported in to India as well as on
1728 goods exported from India. Income tax Customs duty Wealth tax Gift tax Customs duty
Annual consumption cost Annual consumption cost is Annual consumption cost is Annual consumption cost is Annual consumption cost is
1729 In ABC analysis which inventory is classified into category B items? is around 15-25% around 70-80% around 5-10% around 50% around 15-25%
how much should we order how much should we order
While deciding how to manage inventory the question that a materials manager and how often should we who should we order and whom should we order and why should we order and and how often should we
1730 need to be ask himself is order? when should we order? how should we order? when should we order? order?
1731 In EOQ, annual cost = unit price x annual consumption volume consumption protection investment none of these consumption
Identify this basic inventory control technique which is often applied to almost
1732 all aspects of materials management. Pareto analysis Tally Table EOQ Control chart Pareto analysis
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 (symptom) and the frequency of each cause is observed and noted. This
1733 tally table is also called as . Ishikawa diagram Control chart Pareto analysis Check list Check list
system where they focus on total employee participation, continuous Six sigma, Kaizen, Quality Six sigma, Kaizen, Quality
improvement, customer satisfaction and preferred partner as seen in the figure. control tool, Quality 5S, Kaizen, Quality control tool, Quality
1734 Which are the techniques used? assurance tool assurance tool Six sigma, 5S, Kaizen TQM tools assurance tool
1735 Which one is not the textile industry? Raymond Reliance Century ICICI ICICI
Which type of industries are characterized by medium investment and semi-
1736 automation process? Village Small scale Large Scale Medium Scale Small scale
1737 is the fastest growing sector in India now-a-days. Service Manufacturing Trade All of above Service
1738 Which steps in decision making process develops alternative solutions first second third last third
objectives, plans and to what is to be done and Supervise and manage all
1739 Which duties come under Administration? policies when day to day activities All of above All of above
is the process of identifying a set of feasible
1740 alternatives and from these selected alternative the best course of action. Planning Organizing Controlling Decision making Decision making
A plant manager who organizes the plant by separating engineering, accounting,
manufacturing, personnel, and purchasing into departments is practicing
1741 functional departmentalization is also called as . team leaders middle managers first-line managers top managers middle managers
1742 Control of government is highest in . Government department Public corporation Public limited companies Private limited companies Government department
1743 Which partner contribute in terms of their goodwill and credit from the market? Sleeping partner Active partner Secret partner Nominal partner Nominal partner
Manav is a new divisional manager, in reorganizing his division; he must make supervisors become more
some decisions regarding the span of control. He thinks wider spans are more employee performance efficient at providing wider spans reduce the organization becomes wider spans reduce
1744 efficient in terms of cost but at some point: increases substantially. support. effectiveness. taller. effectiveness.
1745 Which preventive measure industry should take to avoid accidents? Safety provisions Training for safe working Safety devices All of the above All of the above
A B C D E F G
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
machinery or premises used for manufacturing process or in any other kind of
1746 work incidental, to or connected with, the manufacturing process. Worker Factory Occupier None of the above Worker
is a direct tax levied on the income earned by individual, corporation or on
1747 other forms of business entities. Income tax Customs duty Sales tax Service tax Income tax
Annual consumption cost Annual consumption cost is Annual consumption cost is Annual consumption cost is Annual consumption cost is
1748 In ABC analysis which inventory is classified into category A items? is around 15-25% around 70-80% around 5-10% around 50% around 70-80%
is a detailed list of movable items which are required for
manufacturing products and maintaining the equipment and machines in good
1749 working order. Inventory Production Purchase None Inventory
1750 Which are the functions in materials management? Planning Warehousing Storage management All of the above All of the above
inventory record, master file, capacity requirements MRP computer program,
inventory record, master part-period balancing planning file, master master schedule, capacity inventory record, master
1751 The principal files that are incorporated into a computerized MRP system are: schedule, BOM. program. schedule, inventory record. requirements planning file. schedule, BOM.
The totality of features and characteristics of a product or service that bears the
1752 ability to satisfy stated or implied needs of the customer is called . TQM QC Quality QA Quality
Decision about the quality system are made based on recorded data and the
system is regularly audited and evaluated for conformance and effectiveness, is Workmens Compensation
1753 the clause of . ISO: 9001 Act Factory Act Minimum Wages Act ISO: 9001
Identify the diagram, which is an investigative tool of quality control to
1754 rearrange possible causes of the problem? Ishikawa diagram Control chart Pareto analysis Check list Ishikawa diagram
DMAIC stands for define, measure, analyze, improve and control. It involves Numerical measurement of Numerical measurement of
defining the problem, measuring where you stand, analyzing where the problem Numerical parameter used the current process is Elimination of the gap the current process is
starts, improving the situation and controlling the new process to confirm that is to define and measure the necessary in order to change between the current practice Change to be implemented necessary in order to change
1755 fixed. The Analyze step, involves - problem the process and the desired goal to achieve goal the process
1756 Indian Industry Started from - 1850 1947 1950 none of these 1850
1757 I.T.Sectors involves- IT Enabled Services Telecommunications a and b Both none of these a and b Both
An activity which involves handling or directing the affairs of an organisation is
1758 called as- Administration Management a and b Both None of these Administration
available alternatives to achieve the desired aims and objectives of the business
1759 is termed as - Controlling Supervising Directiong Decision Making Decision Making
1760 Who is called as Founder and Architect of " Modern Scientific Management" ? Fredrick W.Taylor Henry Fayol Robert Owen Robinson Boulton Fredrick W.Taylor
Market Analysis , Process & Operation Quality & Cost Control,
Budgetary Control and Analysis, Planning & Maintenance Control ,
1761 Scientific Management Involves - Stock Control Scheduling LabourIncentive & Control All of the above All of the above
While working as a professional Manager in any modern Industrial Organisation Manger as a Leader &
1762 , which of the following duties he is expected to perform? Mediator Manager as a Co-worker Manager as an Implementer All of the above All of the above
Figure shows Modern Thought represented in a schematic way. Fill in the Management &
1763 appropriate Terminology at space marked by "?" Principles of Management Functions Of Mangement Administration None of the Above Functions Of Mangement
Small or large group of Group leaded by executive responsibilities to
1764 Which of the following is / are the characteristics of Organistion ? people Leader employees All of the above All of the above
A B C D E F G
1765 The commonly known forms of organisation structures are - Line Organisation Line & Staff Organisation Functional Organisation All of the above All of the above
Not Managed by Not Managed by
1766 Joint stock private limited company is - Managed by Government Government a & b Both None of the Above Government
1767 Balaji Telefilms , Bharat Fertilizers are - Sole proprietorship Public corporations Government companies None of the Above None of the Above
1768 Which of the following includes causes of accidents Improper working Poor quality of illumination Fatigue All of the above All of the above
A temporary accommodation given by the bank to their customers against
1769 certain security is called Clean Advance Overdrafts Cash Credits Secured Loans Overdrafts
When finance is required for expansion and development of an organisation , it
1770 can be raised through loans instead of issuing shares is termed as - Preference /shares Debentures Instant Loans . None of the Above Debentures
Industrial Finance National Development
1771 Which of the following are financial Institutions? Corporation Corporation Nationalised Banks All of the Above All of the Above
1772 Which of the following are recently included under the service Tax- ATM Operations Business Support Services International Air Travel All of the Above All of the Above
1773 The size of an order that minimises the total inventory cost is called as- Fixed Iventory Direct Inventory Indirect Inventory Economic Order Quantity Economic Order Quantity
1774 Which of the following are the Aims of Material Management? Continuty of supply Low payroll cost Higher Inventory turn over All of the Above All of the Above
1775 Economic Order Quantity (EOQ) can be used by- Make to stock Purchase to stock Departmental Stores All of the above All of the above
Arrange in a chronological order the steps of material purchasing i) Place Order
1776 ii) Payment of bill iii) Receive the material iv) Inspection- I,iii,ii,iv I,ii,iii,iv I,iii,iv,ii iv,iii,I,ii I,iii,iv,ii
Figure shows modules of a system being implemented in Industries. Choose the
1777 appropriate terminology from options given below to be placed at the letter 'X' . ERP MRP JIT None of the Above ERP
of a period or service that bears its ability to satisfy stated or implied needs is
1778 known as Quality TQM Quality control Auality Assurance Quality
Deming cycle or PDCA cycle. identify correctly the technique from the given
1779 option. 5S KAIZEN Six Sigma TQM TQM
1780 WTO stand for :- World trade organic World Test Organic Work Test Organization World Trade Organization World Trade Organization
1781 Level Management :- Strategical Level Tacticle Level Operational Level All of the above All of the above
1782 are internally formed Line Organization Line & Staff Organization Functional organization Project Organization Project Organization
1783 Which factor dose not cause accident due to dangerous machine Boiler Unsafe clothing Prime Movers Transmission System Unsafe clothing
1784 Reason due to which non-machinery accident may occur Age of Person Harmful substance Unsafe clothing all of the above all of the above
Sufficient Working Space Good ventilation & height proper flooring with Sufficient Working Space
1785 which of the following condition is not physical condition Enough Illumination for Movement of working place cleanling & oil free for Movement
1786 Example of office & Administrative expenses are Staff salary Stationary Printing All of the above All of the above
1787 may occure because of loss on scale of asset fire or theft etc Financial expenses Abnormal Losses Sales Selling & distribution Abnormal Losses
1788 is a part of material management? Inventory management Marketing Management Both a & b None of above Inventory management
1789 EOQ stand for Economic order Quantity Economic order quality Economic Quality None of above Economic order Quantity
A unified & single ERP experts are not easily A unified & single
1790 Advantage of ERP are reporting system It is Very Complex available None of above reporting system
is define as tool for controlling the quality of the product & services to
1791 ultimately gain the customer satisfaction Quality control Quality circle QMS None of above Quality control
informal, The member of circle should
1792 For effective quality circles comfortable,relaxed feel involved & intersted None of these Both A & b Both A & b
A B C D E F G
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
1793 improve quality,productivity,safety & reduces the cost i-iv-iii-ii ii-iii-iv-i i-ii-iii-iv i-iii-iv-ii i-ii-iii-iv
1794 Engineering industrial sector not involves Civil mechanical Chemical Filament Yard Filament Yard
Industry Telecomn Enabled
1795 ITES Stand for IT Enabled Services IT Enterprise services IT Enabled system Servics IT Enabled Services
1796 Is recruitment of right people at right place in an organization. Planning Organizing Staffing controlling Staffing
Work can be done Planning minimizes work Standarization can be
1797 Advantage of planning :- efficiently pressures & dedline tension enforced through plane All of the above All of the above
is the life blood of business enterprise. It is a universal
1798 lubricant which keeps enterprise dynamic. Finance Capital Budget VAT Capital
Permanent or long term Medium - term sources of
1799 External sources are sources of capital capital Sort-term sources of capital All of the above All of the above
Following are which types of taxes :-1) Consumption tax. 2) Flat tax. 3) Social
1800 security tax. 4) Dividing tax. 5) Gift taxes. 6) Payroll tax. 7) Pole tax. Direct taxes Indirect taxes Both A&B None of above Both A&B
1801 is a plan that view future production of end of product. MPR MPS ERP None of above MPS
education,training,skill
and experience of the organization should the organization must plan the organization should
personnel involved in identify work environment and develop the process that identify work environment
work. Gives guidline about that ensures conformity of are required for product that ensures conformity of
1802 Work environment clause of ISO 9001:2000 their development to service realization All of the above service
1803 The idea of liberalization in the present phase of globalisation deals with economic aspect political aspect technological aspect none of the above economic aspect
Growth of small scale Growth of small scale
1804 One of the following is definitely not a positive aspect of globalisation in India industry Provision of technology foreign invetment employment oppurtunities industry
1805 The services provided by Ashoka hotel comes under primary activity secontary activity tertiary activity manufacturing process tertiary activity
1806 The art of getting things done by people is called as organization management direction Staffing management
1807 Who is recognised as a man who invented management Taylor Elton mayo Mary Follet Peter drucker Peter drucker
1808 The lower level of managers work at Stragetical level Tactical level Operational level At all levels Operational level
1809 The management of interdependence in work situations is called as Direction Motivation Inspiration Coordination Coordination
The operational aspect of
1810 An organization is nothing but Executive function Decision making body Structure of Management management Structure of Management
Superior Subordinate Based on specialization based on authority and Based on specialization
1811 Funtional organizations are based on relationship factor responsibility none of the above factor
mechanical department will look after the responsibility in his absence, this is
1812 called Sharing of responsibility delegation decentralisation Authority delegation
two of our friends decided to start a garment shop such type of business
1813 organisation can be called Proprietorship Partnership Joint ownership Cooeperative Partnership
1814 Minimum wages need to be paid in: cash demand draft cheque None of the above cash
Capital cost and material holding cost and inventory cost and working capital and material holding cost and
1815 The quantity to be ordered depends upon two costs, what are they cost procurement cost purchasing cost cost procurement cost
Establishment at corporate to implement the process at
1816 In Kaizen the role of middle management is level to implement the process functional level to act as a leader to implement the process
A B C D E F G
I want the products of my company to achieve perfect quality, which tool will I
1817 apply to check this six sigma ABC analysys MRP EOQ six sigma
I wanted to know the major and minor causes which are responsible for the
1818 problem,from the following which technique will I adopt ERP ABC analysis MRP Ishikawa diagram Ishikawa diagram
1819 Find the odd one out ABC analysis EOQ MRP TQM TQM
Seiri means sorting and Seiri means sorting and Seiri means weeping and Seiri means sorting and
1820 Which of the following is correctly matched Seition means Set in order seition means standardising seition means set in order
none of the above Seition means Set in order
1821 EOQ does not work if------- order quantity is compulsory. Minimum Maximum Smaller None Minimum
1822 .------------ activity is complicated and takes more time. Purchasing Procurement Both (a) & (b) None of the above Procurement
1823 Income other than sales are called as ------------ Indirect income Abnormal losses Sales Selling & distribution Indirect income
1824 Direct tax is an example of ----------- Income tax Sales tax Wealth tax All of the abone Income tax
1825 Out of following, --------- is not considered as a dependent. Widow Minor son Widow mother Married sister Married sister
Fire extinguishers should be kept in easily accessible places.Under which Safety measures essential in Safety measures essential in
1826 category of accident prevention methods does this appear? Safe material handling Personal protection devices Good house keeping industry industry
1827 Lack of training to worker is a cause of accident due to -------- Worker Management Wrong layout of workplace Natural disaster Management
1828 Features of project organization are ------------ Can be internally formed Temperory in nature Having less no. of All of the above All of the above
1829 Factors which affects departmentation are ----------- Product Process Function All of the Above All of the Above
1830 .------------ means right (to command) and power to act. Authority Responsibility Communication None of the above Authority
1831 .---------- organization is also called as staff organization. Line Military Scaler Functional Functional
1832 .------- type of organization is suitable for military & small businesses. Line Funtional Line & staff Projet Line
1833 .------- is important not only for individual but for an organization also. Discipline Authority Division of work Remuneration Discipline
1834 The funtion ofadministration is -------------- Decision making Policy making Controlling & ensure All of above All of above
1835 The factor which affects decision making is ---------------------- Certainty Risk Uncertainty All of above All of above
1836 .----------- is the downward transfer of authority from manager to subordinate. Authority Responsibility Delegation None of the above Delegation
1837 .-------- level management is known as strategical level of management. Top Middle Lower None of the above Top
1838 The area of classical school are ---------- Scientific Management Administrative Management Bureaucratic Management All of above All of above
1839 . --------------------- is not the type of service industry. Entertainment Hospitality Import & Export House None of the above Import & Export House
1840 Following are types of banks ---------- Commercial banks Regional Banks Cooperative Banks All of the Above All of the Above
In ABC analysis, the 20 % items in industry having cost 80% of total inventory
1841 cost is called as ------- Type A Type B Type C None Type A
1842 .------------ inventory is not a type of inventory. Raw Finished In-proess Departmental Departmental
1843 Continuous Improvement means ----------- Kaizen 5'S' Six sigma None of the above Kaizen
Authority cannot be Higher the post, higher is Authority is right to Authority cannot be
1844 Which statement is wrong? delegated Authority is the power to act the authority command delegated
1845 Why plan fails Lack of Knowledge Insufficient data Over confidence All are correct All are correct
Match the pair 1. Ashok Leyland a) Gurgoan 2. Suzuki b) Pune 3. Mahindra
1846 c)Chennai 4. Kinetic d) Nasik 1 (a) 2 (c) 3 (b) 4 (d) b) 1 (c) 2 (a) 3 (b) 4 (d) 1 (b) 2 (c) 3 (d) 4 (a) d) 1 (d) 2 (b) 3 (c) 4 (d) 1 (b) 2 (c) 3 (d) 4 (a)
1847 License permit raj in India was in this period 1965 – 1990 1990 – 2002 1965 – 1970 1955 – 1965 1965 – 1990
1848 Application of ERP are SAP Tally ERP MPR Both A & B Both A & B
Customer satisfaction can Strong leadership motivates
1849 Benefits of ISO 9001:2000 are be achieved personnel and guide All of the above None of these All of the above
A B C D E F G
accident prevents employees from working, for the period less
1850 than 48 hours from the time of accident. Fatal Major Minor Trivial Minor
is an unfortunate & sudden mishappening which causes
1851 damage or loss of property, material or human. Accident Activity Process Movement Accident
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
1852 ownership. Co-operative Joint stock company Partnership Proprietorship Partnership
When a group of people are pulled together for a special task then formed
1853 structure of organisation is called organisation Project Line Functional Line & staff Project
1854 Departmenation is done on the basis of product, function & working manufacturing technique process methods process
Senses of responsibility increases due to provided by
1855 seniors. authority responsibility Initiative Leading authority
1856 Similar activites & related people are grouped together to form a department organisation span of control committee department
Oraganization establishes a relationship betweeen authority &
1857 & controls the efforts of group. authority responsibility delegation controlling responsibility
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
1858 system e. Overconfidence Organising Directing Planning Motivating Planning
common goals of the enterprise is called as function of
1859 management Organising Directing Motivation Coordination Directing
Middle level management is also called as of
1860 managers Strategical Level Operational Level Tactical Level Force Level Tactical Level
Management works as to produce goods using labour,
1861 materials and capital Catalyst Activator Convertor Processor Catalyst
1862 Hospitality industry is mainly dependent on industry Tourism Agro Textile Process Tourism
Products are produced from raw materials by using engineering technology and
1863 Tools Equipments Machinery Money Machinery
1864 Service sector has occupied of GDP (Gross Domestic Product) 0% 1% 2% 10% 1%
1865 department will be dedicated for saftey related work only Production Safety Sales Accounting Safety
Relationship between employer & employees is very important for the
1866 development & of any organization. Growth Stability Increment Survival Survival
1867 Financial management is nothing but effective management of Funds Material Labour Equipment Funds
Eventhough permanent working capital is working capital but it's nature is
1868 for every year or month. Temporary Permanent variable Increasing basis Permanent
1869 is an instrument of management for planning its future activities. Accounts Debentures Shares Budgets Budgets
operates on the principle that if you have something it
1870 must have been paid for somehow. Profit & loss account Organisation chart Balance sheet Labour budget Balance sheet
A man working in an industry has annual income of 2,50,000 Rs. from all
sources, total investment like PF, PPF, LIC savings 50,000 Rs., Exempted
amount for income tax is 1,50,000 Rs. & income tax rate is 10% upto 3,00,000.
1871 Find out amount of income tax paid by that person is 2000 10000 5000 3000 5000
A B C D E F G
is way of keping material which will not stop the
1872 manufacturing and allied process inventory handling assurance control inventory
1873 The results of ABC analysis have to be reviewed & regularly periodically monthly yearly periodically
If there is more stock than requirement , then the cost of carrying it i.e.
1874 cost will b more. procurement purchase inventory transport inventory
MRP (Material Resource Planning) projects not only demand but also the timing
1875 of the demand. purchse quantity sell quantity production inventory inventory
If a TV manufacturing industry is using ABC analysis for inventory
management. They are having items such as picture tube main costly item, PCB A- picture tube, B-
moderately cost & electronics components less costly items, then classify these A- picture tube, B- PCB, C A- electronics components, A- PCB, B- picture tube, C- electronics components, C- A- picture tube, B- PCB, C-
1876 items into A items, B items & C items. electronics components B- PCB, C- picture tube electronicscomponents PCB electronics components
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
Finance module B. ERP Human Resources Module C. ERP Purchase Module D.
ERP production module and Departments are 1. Production Dept. 2. Account
1877 Dept. 3. Purchase Dept. 4. Personal Dept. A- 2, B- 4, C- 3, D-1 A-1, B-2, C-3, D-4 A-4, B-3, C-2, D-1 A-3, B-4, C-1, D-4 A- 2, B- 4, C- 3, D-1
Quality gives more attention on testing of products to find defects
1878 & reporting to management before release of product. Feedback Assurance Management Control Control
1879 Kaizen is the Japanese term which means Increment Decrement Improvement Steady state Improvement
5"S" methodology for organizing & minimizing items within a workplace in
1880 order to operate more . Effectively Efficiently Satisfactorily Regularly Efficiently
Following are the stages & Break through Strategy (B.S.) phases. Match the
Stage & Break through Strategy correctly. 1. Identification 2. Characterization 3.
Optimization 4. Institutionalization and B.S. phases are A. Improve & Control
1881 B. Standardise & Integrate C. Recognize & Define D. Measure & Analyze 1-A, 2-B, 3-C, 4-D 1-C, 2-D, 3-A, 4-B 1-B, 2-C, 3-D, 1-A 1-D, 2-A, 3-B,4-C 1-C, 2-D, 3-A, 4-B
1882 The term management means---? Planning & organizing coordinating & Directing Guiding & Motivating All above. All above.
1883 Organizing process transfers ----- ? Into reality Plans Problems Task. None of these. Plans
1884 To avoid delay in work ---- ? Management function is used. Planning Coordinating Directing. Motivating. Coordinating
1885 In line organization authority flows from -------- ? Top to bottom Bottom to top Both a & b None of these Top to bottom
1886 An accident means unforeseen ----------- sudden mishap? Uncontrolled Controlled Semi controlled All above Uncontrolled
1887 Material Management is an -------- activity? Integrated Isolated Both a & b None of these Integrated
1888 The term Inventory management means---------? Short list of items Detailed list of items List of important items. None of these. Short list of items
1889 TQM stands for --------- ? Total Quality management. Total Quantity management. Both a and b None of these. Total Quality management.
1890 KAIZEN theory uses -------- theory? 5S 6S 7S 4S 5S
1891 6-Sigma is a ---------- method used for improvement? Statistical. Mathematical Both a and b None of these Statistical.
1892 For creating Departments --------- methods are used? By By Market Customer All above. All above.
If the capital in a business provided by one or two persons in the form of Shares
1893 With legal entity then it is Called as --------- ? Joint stock co. Partnership co. Public ltd. co. None of these. Partnership co.
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
1894 14000 Y 2000 2000 3000 9000 9500 X+Y Production Labour Sales Cash Sales
1895 To achieve the vision of an organization ------ management works? Upper level Middle level Lower level Both a & b Upper level
A B C D E F G
Work allocation on the Generating alternative for The promotion of research Generating alternative for
1896 Brainstorming is used by the management for: shop floor. problem solving. and development. Training employees. problem solving.
1897 Analysis of causes of deviation is a part of Process motivation teamwork controlling leadership controlling
employees doing discussion meeting members in a group of 15 people on bus group of 15 people on bus
1898 In an organization which of following group is not present labour working on a site in work area company stop stop
organization has no organization is a group of organization has no
1899 which of the following statement is wrong ? boundaries it has aims and objectives working people organizaiton is a system boundaries
to ensure safe working to ensure regular and to ensure regular and
1900 which of following is not objective of financial management profit maximization wealth maximization condition adequate supply of funds adequate supply of funds
1901 The capital required for a business is fixed capital working capital both (A) and (B) None both (A) and (B)
1902 Following fig. refers to : Balance sheet Profit and loss sheet Budget sheet Master Sheet Balance sheet
ABC analysis results in importance to components cannot be used if some of ABC analysis results in
reduction of annual which are critical for the items are scarce and are reduction of annual
1903 which of the following is advantage of ABC analysis inventory cost production not readily available all inventory cost
EOQ is a formula that determines the at which the combination of
1904 procurement costs and inventory carrying costs are least quality cost profit quantity quantity
they increase as quantity they decrease as quantity they decrease as quantity they decrease as quantity
1905 procurement costs: ordered increases ordered decreases ordered increases none of the above ordered increases
1906 Quality consist of - to satisfy wants. capacity control quantity arragement capacity
1907 Process employed to ensure a certain level of quality in a product or service is quality audit 5s quality control quality circle quality control
1908 AGM stands for Actual General Member Annual General Meeting Annual Great Meeting Annual General Member Annual General Meeting
1909 finished good means good waiting for dispached to: customer supplier A and B None of the above customer
1910 Which of the following is in significant item A items B items C items None of the above A items
1911 following fig shows : page from ledger balance sheet sales budget master budget master budget
1912 Which of the following would represent an organisations Fixed Assets Fixtures & Fittings Cash at the Bank Debtors Retained Profit Fixtures & Fittings
1913 Which of the following is/are Current Liabilities of the organisation? Motor Vehicles Debtors Creditors Share Capital Creditors
Sales Revenue & Opening Sale Revenue & Cost of Sales Revenue & closing Sale Revenue & Cost of
1914 Gross Profit is the difference between? Stock Purchases & Closing Stock Goods Sold Stock Goods Sold
1915 Maslows motivation theory is on the basis of human . satisfaction needs maintenance factors rewards needs
1916 which type of organization is the fig. refer to… process functional staff Line and Staff Line and Staff
1917 Goal or target to be achieved is known as . objective schedules procedures budgets objective
The chain of superiors from the highest authority to the lowest level in the
1918 organization is Unity of direction Unity of command Centralization Scalar chain Scalar chain
An identified group of people contributing their efforts towards the attainment
1919 of goals is called an Organization Business Management Department Organization
Exchange of ideas, opinions, information etc. between two or more persons
1920 is planning organizing communication staffing communication
1921 India is awarded a certification of ----- free country. cancer Polio Swine flu AIDs Polio
1922 Excess inventory may lead to : profit loss funds less space loss
1923 when we order and receive good in company it will include procurement cost inventory cost holding cost None of the above procurement cost
Following are the principles of …..1)Customer focus
1924 2)Leadership3)Involvement of people4)Process approach ERP Organization ISO:9001 EOQ ISO:9001
A B C D E F G
1925 Extract from pareto's chart : The key causes are D,E,F H,I,J A,B,C A TO J A,B,C
1926 Industries are known as sunshine sector of Indian economy chemical information technology agricultural process information technology
1927 The purpose of business according to Drucker, to get money to aquire success in market to satisfy customer to create and keep customers to create and keep customers
Data travelling through Television signals broadcast Goods being transported The imagery of global Goods being transported
1928 Which of the following is an example of a physical aspect of globalization? computer networks by satellite across borders brands across borders
1929 The ----- process transform plans in to reality. Planning organizing directing all of above organizing
1930 The right of a person to give instructions to his subordinates is known responsibility authority Accountability Line authority authority
Supply of human and material resources and helps to achieve the objective of
1931 business is planning Organization Management Control Organization
The process of dividing the large monolithic functional organization into small
1932 and flexible administrative units is called . Staffing Delegation Departmentation Control Departmentation
1933 Identify type of organization does the fig. refer to.. Project Functional Process Line Project
Absence of proper
1934 An environmental factor for accidents in industry is: protecting devices daydreaming improper ventilation protruding nails daydreaming
As per Factories Act, " ------------------- ” of a factory means the person who has
1935 the ultimate control over the affairs of the factory. Manager Owner Director Occupier Occupier
Which of the following is obligation imposed byFactories Act upon the
1936 employer with respect to his workers ? Health Safety Welfare All the above. All the above.
XYZ company has to be appointed if an organization is
1937 engaging 500 or more employees safty committee welfare officer plant committee saftey officer welfare officer
1938 The function of financial management is record keeping profit maximization management of cash flow all of the above all of the above
debentures form the capital fixed rate of interest is paid It is the credit money of the It is the credit money of the
1939 complete fiil in the blank of the company on debentures company none of the above company
The summary of an organisations assets and Liabilities at a particular point in
1940 time is called? Trading Account Profit & Loss Account Balance Sheet Trade Balance Balance Sheet
Depreciation of Motor
1941 Which one of the following cannot be found in the Profit & Loss Account? Vehicles for the year Telephone Expenses Sales Goods returned Wages/Salaries Sales Goods returned
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
1942 is the number of units needed to reach the Break-Evan point? 80 120 250 300 120
1943 To preparation of ABC analysis First step is preparation of lisi of all determine unit price get annual consumption none of the above preparation of lisi of all
Which of the following is the name given to a bill of lading where goods have
1944 been received by a carrier free of defects? Shipped bill of lading Claused bill of lading Ordinary bill of lading Clean bill of lading. Clean bill of lading.
Which of the following categories of materials handling equipment does a
1945 „counterbalanced type‟ belong to? Gravity Conveyor Fork lift Trucks Picking Robot Warehouse Trolley. Fork lift Trucks
Warehouses and stockyards are two types of storage facilities. Which of the
1946 following is the most appropriate factor to consider in the design of a stockyard? Structure Services Surface Shelving. Surface
process steps and their process steps and their
1947 process flow chart helps to explain relationship cost of quality a cluse in ISO:9001 customer complaints relationship
1948 Name the curve shown in fig. Normal distribution curve sixsigma curve normal curve sigma curve Normal distribution curve
1949 Quality is the relative term and is used with reference to - product quantity ERP MRP product
A B C D E F G
it is the series of the quality management system standards created by the
1950 international organisation for standardisation ERP ISO 9001 EOQ 5S ISO 9001
1951 classification of material as per their values and usage comes under TQM ABC analysis ERP None of the above ABC analysis
the capital invested in assets
fixed assets are used over of durable nature for
and over again for repeated use of long perid is
1952 which statement is wrong numbers of years called fixed capital both none none
it is needed to expand the it is needed to start the it is needed to run the
1953 which is wrong statement about capital businees businees businees None of the above None of the above
cash to be maintained in cash to be maintained in
1954 Fixed capial is not required for land building equipment and machinery emergency emergency
1955 Fixed capial can be financed through shares long term debentures loan from banks all all
injury caused during
1956 employer has to do compensation in which case injury caused by accident employement death after accident All of the above All of the above
control are concentrated at centralisation gives power in controlled by a central centralisation considers centralisation considers local
1957 which statement is wrong the centre the hands of center authority local issue always issue always
1958 Urban co-operative bank refers to which of the following company type- Single Ownership public ltd Partnership company Co-operative company Co-operative company
1959 which is the last need in Maslow need hierchy social physiological safety self actualisation self actualisation
1960 what is the next function after planning decision making organising staffing scheduling organising
1961 Banks are regulated by SBI RBI CBI FBI RBI
1962 LPG increases – Employment opportunity Foreign Investment Competition All of the above All of the above
1963 Excise duty is the amount of duty paid on of goods. Sales Production Trading Excise Production
1964 Which one of the following is not a personal protective device ? hand gloves helmet goggles pullover pullover
1965 #NAME? Service Trade Manufacturing Both a and b Trade
1966 Following business pattern do not come under service industry. IT Banking Real Estate Textile Mill Textile Mill
1967 Too little inventory increases the risc of: Out of stock condition More stock Theft Can't Predict Out of stock condition
1968 Kaizen is the name given by: Chinese Japanese Korean Thai Japanese
1969 Meeting goals can increase : Needs Safety Competition Motivation Motivation
1970 Food,Water,Sleep,Clothes,and an acceptable temperature are all examples of : Physiological Need Safely Needs Competence Needs Social Needs Physiological Need
1971 The motivators are guided by : Motivation Need Satisfaction None Need
make products, from raw materials or componentparts, which they then
1972 sell at a profit. service providers Manufactureres Traders None service providers
1973 How do traders make profit? in the form of commission in the form of loans in the form of shares in the form of debentures in the form of commission
1974 What is the main stay of Indian economy? Agriculture Chemicals Engineering Textile industry Agriculture
1975 Indian IT companies are not working in the business. telecom service software product development product development
Assigning the activities to Delegation of authority to
1976 Out of following which is the first activity in organizing? manager Grouping of activities managers Identifying the activities Identifying the activities
1977 They expect less but contribute more this happens in which phase? Social needs Safety needs Self actualization Esteem needs Self actualization
1978 Project organization is a organization structure. Temporary Permanent Annual Quarterly Temporary
is a voluntary organization formed to serve the members and the
1979 welfare of society. company co-operative society Public limited company None of the above co-operative society
1980 In a tall organisation structure, the span of control is big wide narrow small narrow
A B C D E F G
1981 is a source of working capital. loans from commercial public deposits debenture subcontracting loans from commercial
1982 Tools, lubricants, cutting fluids are . indirect materials finished goods work in progress None of the above indirect materials
helps managers to have selective control and focus attention only on
1983 important items. EOQ ABC analysis inventory None of the above ABC analysis
1984 The provides the information about when to order and how much to order. MRP ERP EOQ Inventory MRP
to establish at the to implement in the
1985 In kaixen the role of an employee is corporate level to implement the process functional area to participate to participate

Management Msbte Imp MCQ 22509

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Management MCQ’s

2. The year 1991 is famous for.

A) New Fiscal deficit policy

3. The primary sector includes all of the following except.

4. product comes under petrochemical industry.

6. Skill is needed at the top level management.

7. is recruitment of right people at right place in an organization.

8. Policy making in an industry is a role of

9. Scientific management works on

A) Research and experimentation

10. What is Espirit De Corps ?

11. The process of monitoring, comparing and correcting is called

12. A joint venture can be defined as

A) Two firms collaborate with each other on a specific project

14. can be defined as running business by a single owner

15. Which are factors in which span of control depends ?

A) Trained and experienced subordinates

16. Unlimited liability is present in

18. Factories act come into force from

19. VAT and sales tax falls under

20. The necessity of industrial act is to protect the interests of :

21. Safety management deals with

A) Mechanical cause of accident

24. Variance report is the difference between outcome of the company

A) Material cost and labor cost

25. Which is input to MRP

26. Value added tax (VAT) is a tax on ?

27. Internal source/s of finance is/are:

28. According to which Act, a business is required to prepare a balance sheet?

29. Which is part of material management

30. Which is not the feature of ERP

A) Shipped bill of lading

32. In EOQ, cost=unit price x annual consumption volume

33. Which of the followings are the aims of material management ?

34. A type of Item has …… importance due to consumption

36. The activity of “Control” in Six sigma refers to :

37. Which of the following is the constituent of total quality management ?

A) Orderliness and punctuality

38. In PDCA, act consist of which of the following ?

A) Ensure continuous improvements

A) Close cooperation between management and staff

40. Bench marking determines

41. Top agro industry in India is

42. Trading business means

A) Buying a Raw material

43. Following is not associated with insurance

44. Father of scientific management is

45. Deciding in advance what to do, how to do and when to do is……..

46. Which statement is wrong

A) Authority can not be delegated

B) Authority is the power to act

47. Which is the appropriate reason of failure of good plan ?

49. Which statement regarding Joint stock company is incorrect ?

A) Name of partnership firm

51. In automobile industry, departments can be on the basis of

52. Minimum wages needed to be paid in:

53. In accident prevention, Safe workplace layout does not include:

A) Obstruction fees passageways

55. Safety promotes