Common University Entrance Test (UG)
Question : In many organisations, the top management actively participates in making all decisions, while in some, even the lower levels of management have this authority. Because decision-making power is shared with lower levels, those levels are positioned close to the action. The statement "Decision making authority is shared with lower levels and is therefore located nearest to the points of action" highlights a management approach.
Option 1: Authority
Option 2: Delegation
Option 3: Accountability
Option 4: Decentralisation
Correct Answer: Decentralisation
Solution : Decentralization is a type of organisational structure in which the top management delegated power to the middle and lower levels of management in an organisation. Hence, the correct option is 4.
Question :
SK Ltd. invited applications for 3,20,000 equity shares of Rs. 10 each at a premium of Rs. 5 per share. The amount was payable as follows:
On application— Rs. 3 per share (including premium Rs. 1 per share),
On allotment— Rs. 5 per share (including premium Rs. 2 per share),
On first and final call—Balance.
Applications for 4,00,000 shares were received. Applications for 40,000 shares were rejected and application money refunded. Shares were allotted on pro rata basis to the remaining applicants. Excess money received with applications was adjusted towards sums due on allotment. Jeevan holding 800 shares failed to pay the allotment money and his shares were immediately forfeited. Afterwards, final call was made. Ganesh who had applied for 2,700 shares failed to pay the final call. His shares were also forfeited. Out of the forfeited shares, 1,500 shares were reissued at Rs. 8 per share fully paid-up. The reissued shares included all the forfeited shares of Jeevan
Question:- Application money received is __________.
Option 1: Rs. 12,00,000
Option 2: Rs. 10,60,000
Option 3: Rs. 6,40,000
Option 4: Rs. 10,00,000
Correct Answer: Rs. 12,00,000
Solution : Answer = Rs. 12,00,000
Number of shares applied by the public = 4,00,000. Application money = Rs. 3 (including premium) Application money received = Rs.4,00,000 X 3 = Rs.12,00,000. Hence, the correct option is 1.
Question : The principles are guidelines to actions but do not provide readymade solutions to all managerial problems. The given statement tells about which nature of principles of management?
Option 1: Flexible
Option 2: General guidelines
Option 3: Cause and effect relationships
Option 4: Universal applicability
Correct Answer: General guidelines
Solution : The principles are guidelines to action but do not provide readymade solution to all managerial problems. This is so because real business situations are very complex and dynamic and result of many factors.
Hence, Option B is correct.
Question : The stability of an attitude refers to:
Option 1: How quickly it changes
Option 2: How it influences behavior
Option 3: How consistent it is over time
Option 4: How it is formed
Correct Answer: How consistent it is over time
Solution : Correct Option: 3 Explanation: The stability of an attitude refers to how consistent it is over time, with more stable attitudes being less likely to change.
Question : Which of the following is not a factor influencing span of control?
Option 1: Competence of subordinates
Option 2: Complexity of tasks
Option 3: Geographic dispersion
Option 4: Organizational culture
Correct Answer: Organizational culture
Solution : The correct answer is (d) Organizational culture
Span of control refers to the number of subordinates or employees that a manager can effectively supervise and manage. While several factors can influence the appropriate span of control, such as the competence of subordinates, the complexity of tasks, and geographic dispersion, organizational culture is not a direct factor that affects span of control.
Question : What is the role of a registrar of a company?
Option 1: To issue debentures
Option 2: To maintain records of shareholders
Option 3: To manage foreign investments
Option 4: To audit the company's financial statements
Correct Answer: To maintain records of shareholders
Solution : The correct answer is (b) To maintain records of shareholders.
The role of a registrar of a company is to maintain accurate and up-to-date records of the company's shareholders. This includes keeping track of information such as the names, addresses, and shareholdings of the shareholders. The registrar is responsible for ensuring the integrity and accuracy of the shareholder register. The registrar maintains a register of shareholders, which includes information about the shareholders and their respective shareholdings. This information is crucial for the company to communicate with its shareholders, issue dividends, send notices of meetings, and facilitate other shareholder-related activities.
Therefore, the primary role of a registrar of a company is to maintain accurate records of the shareholders, including their personal information and shareholdings.
Question : Statement 1: Water pollution in India is a significant environmental issue, resulting from various sources such as industrial effluents, sewage, and agricultural runoff.
Statement 2: Contamination of water bodies can lead to the spread of waterborne diseases, ecological damage, and a shortage of safe drinking water.
Option 1: Both statement 1 and statement 2 are true, and statement 2 is the correct explanation of statement 1 .
Option 2: Both statement 1 and statement 2 are true, but statement 2 is not the correct explanation of statement 1 .
Option 3: Statement 1 is true, but statement 2 is false.
Option 4: Statement 1 is false, but statement 2 is true.
Correct Answer: Both statement 1 and statement 2 are true, and statement 2 is the correct explanation of statement 1 .
Solution : The correct answer is (A) Both statement 1 and statement 2 are true, and statement 2 is the correct explanation of statement 1.
Statement 1 is true: Water pollution is indeed a significant environmental issue in India, resulting from various sources such as industrial effluents, sewage, and agricultural runoff. These sources contribute to the contamination of water bodies, including rivers, lakes, and groundwater.
Statement 2 is the correct explanation of statement 1 . The contamination of water bodies due to pollution can have several negative consequences. It can lead to the spread of waterborne diseases, as polluted water becomes unsafe for human consumption. Additionally, water pollution can cause ecological damage, harming aquatic ecosystems and biodiversity. Moreover, it can contribute to a shortage of safe drinking water, as pollution reduces the availability of clean and potable water sources.
Therefore, both statements are true, and statement 2 provides the correct explanation for statement 1 .
Question : Fill in the blanks- New equipments, research and development, are the part of ____ environment.
Option 1: Economic environment
Option 2: Social environment
Option 3: Technological environment
Option 4: Political environment
Correct Answer: Technological environment
Solution : Technology environment includes forces relating to scientific improvement and innovation which provides new ways of producing goods and services and involvement of new methods and techniques for operating a business. Hence Option C is correct.
Question : In the Settlement Of Varun's ( partner) loan of Rs 50,00 to the firm, a computer net appearing in the books is taken over by him at an agreed value of Rs 30,000. Partner capital account will be---------
Option 1: Credited by Rs 50000
Option 2: Debited by Rs 50000
Option 3: Debited by Rs 25000
Option 4: None of the above
Correct Answer: None of the above
Solution : Answer = None of the above Reason: Partner's loan a/c.....Dr 50,000 To Realisation a/c 50,000. Hence, the correct option is 4.
Question : What was a major challenge faced by the coalitional nature of Congress during the era of one-party dominance?
Option 1: Ideological conflicts within the coalition
Option 2: External threats from neighboring countries
Option 3: Economic downturns
Option 4: Lack of a clear leadership
Correct Answer: Ideological conflicts within the coalition
Solution : Ideological conflicts within the coalition were a major challenge faced by the coalitional nature of Congress, as it had to balance the interests and ideologies of various factions and allies.
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