Common University Entrance Test (UG)
Question : Case Study: ABC Educational Institute
ABC Educational Institute is a reputed school with a large student population. The management is planning to introduce a new curriculum to meet the changing educational needs. Question:
The characteristic of effective planning that ABC Educational Institute should consider is:
Option 1: Lack of employee involvement
Option 2: Ambiguous objectives
Option 3: Measurable and specific goals
Option 4: Ignoring external opportunities
Correct Answer: Measurable and specific goals
Solution : The correct answer is (c) Measurable and specific goals
Measurable and specific goals is a key characteristic of effective planning. Goals should be clear, specific, and measurable to provide a concrete target for the organization. Measurable goals allow for tracking progress and assessing the success of the plan.
In summary, ABC Educational Institute should consider setting measurable and specific goals as a characteristic of effective planning. This ensures clarity, accountability, and the ability to assess progress toward the desired outcomes.
Question : What is the procedure for aligning cell content using the menu?
Option 1: Click on the cell to be aligned -> Choose the Cell option from the Format menu. The Format cells dialog box appears -> Choose the alignment tab -> Click to open the drop-down box associated with the horizontal field. After the drop-down box is opened, select the desired alignment as Right, Left or Center -> Click OK to close the dialog box
Option 2: Click on the cell to be aligned -> Click OK to close the dialog box -> Choose the Cell option from the Format menu. The Format cells dialog box appears -> Choose the alignment tab -> Click to open the drop-down box associated with the horizontal field. After the drop-down box is opened, select the desired alignment as Right, Left or Center
Option 3: Click to open the drop-down box associated with the horizontal field. After the drop-down box is opened, select the desired alignment as Right, Left or Center -> Click on the cell to be aligned -> Choose the Cell option from the Format menu. The Format cells dialog box appears -> Choose the alignment tab -> Click OK to close the dialog box
Option 4: Choose the Cell option from the Format menu. The Format cells dialog box appears -> Choose the alignment tab -> Click to open the drop-down box associated with the horizontal field. After the drop-down box is opened, select the desired alignment as Right, Left or Center -> Click OK to close the dialog box -> Click on the cell to be aligned
Correct Answer: Click on the cell to be aligned -> Choose the Cell option from the Format menu. The Format cells dialog box appears -> Choose the alignment tab -> Click to open the drop-down box associated with the horizontal field. After the drop-down box is opened, select the desired alignment as Right, Left or Center -> Click OK to close the dialog box
Solution : Following is the procedure for aligning cell content using the menu: Click on the cell to be aligned -> Choose the Cell option from the Format menu. The Format cells dialog box appears -> Choose the alignment tab -> Click to open the drop-down box associated with the horizontal field. After the drop-down box is opened, select the desired alignment as Right, Left or Center -> Click OK to close the dialog box Hence, the correct option is 1.
Question : Which of the following statements is false with respect to the Interest coverage ratio?
Option 1: Profit before interest and income tax is to be taken for the calculation of this ratio.
Option 2: This ratio indicates how many times the interest charges are covered by the profits available to pay interest charges.
Option 3: This ratio measures the margin of safety for long-term lenders.
Option 4: The higher the ratio, the less secure the lender is in respect of payment of interest regularly.
Correct Answer: The higher the ratio, the less secure the lender is in respect of payment of interest regularly.
Solution : Answer = The higher the ratio, the less secure the lender is in respect of payment of interest regularly.
The higher the ratio, the less secure the lender is in respect of payment of interest regularly; in fact, it is more secure the lender is in respect of payment of interest regularly. The interest coverage ratio measures a company's ability to meet its interest payments on its debts. A higher interest coverage ratio indicates that a company has more financial flexibility to meet its debt obligations, which is favourable for investors and creditors. Hence, the correct option is 4.
Question : The manager of a of a company X limited always undermines the performance of his employee Ram as he belongs to the reserved category. Which of the following principle of do you think is violated?
Option 1: Equity
Option 2: Order
Option 3: Initiative
Option 4: None of the above
Correct Answer: Equity
Solution : According to this principal there should be not be any discrimination among the employees on the basis of religion, language, caste, sex, believe or nationality.
Hence, Option A is correct.
Question : The reforms were introduced in the economies in which of the following years?
Option 1: India- 1990, Pakistan- 1985, China- 1977
Option 2: India- 1991, Pakistan- 1986, China- 1979
Option 3: India- 1990, Pakistan- 1987, China- 1981
Option 4: India- 1991, Pakistan- 1988, China- 1978
Correct Answer: India- 1991, Pakistan- 1988, China- 1978
Solution : The reforms were introduced in the economies in India- 1991, Pakistan- 1988, China- 1978. Hence option D is correct.
Question : Case Study 3: Citywide Services
Citywide Services, a government agency, is focused on enhancing its public services through efficient organizing.
Question:
Citywide Services' shift to a divisional structure could lead to:
Option 1: Clear hierarchy
Option 2: Excessive centralization
Option 3: Streamlined communication
Option 4: Enhanced innovation
Correct Answer: Enhanced innovation
Solution : The correct answer is (d) Enhanced innovation
Shifting to a divisional structure in Citywide Services can lead to enhanced innovation. In a divisional structure, different divisions or units often operate with a degree of autonomy. This autonomy can foster innovation within each division, as they have the freedom to tailor their approaches and solutions to the specific needs and challenges they face. Different divisions can focus on innovation that is most relevant to their particular functions or services.
Question : Statement 1: Physical distribution involves activities related to order processing and inventory management.
Statement 2: Physical distribution has no influence on customer satisfaction and business efficiency.
Option 1: Both statements are correct.
Option 2: Statement 1 is correct, and statement 2 is false.
Option 3: Both statements are incorrect.
Option 4: Statement 2 is correct, and statement 1 is false.
Correct Answer: Statement 1 is correct, and statement 2 is false.
Solution : The correct answer is (b) Statement 1 is correct, and statement 2 is false.
Statement 1 is correct. Physical distribution encompasses a range of activities related to the efficient movement and management of goods, including order processing, inventory management, transportation, and warehousing.
Statement 2 is false. Physical distribution plays a significant role in customer satisfaction and business efficiency. Efficient order processing, timely delivery, proper inventory management, and smooth transportation are all essential components that directly influence customer satisfaction and business efficiency.
Question : What was a significant impact of the adoption of capitalism on the populations of post-communist regimes?
Option 1: Immediate elimination of poverty
Option 2: Universal access to healthcare
Option 3: Increase in income inequality
Option 4: Uniform economic growth across regions
Correct Answer: Increase in income inequality
Solution : Correct Option: Option 3 Explanation: A significant impact of the adoption of capitalism on the populations of post-communist regimes was an increase in income inequality, as the transition to a market economy created disparities in wealth and opportunities.
Question : A consumer's utility function is $\mathrm{U}=\mathrm{X}^{\wedge} 0.5 \mathrm{Y}^{\wedge} 0.5$. If the consumer is currently consuming $\mathrm{X}=16$ and $\mathrm{Y}=9$, what is the marginal utility of $\mathrm{X}$ ?
Option 1: 2
Option 2: 4
Option 3: 8
Option 4: 16
Correct Answer: 4
Solution : The correct answer is (b) 4
The marginal utility of $\mathrm{X}$ is the change in utility that results from consuming an additional unit of $\mathrm{X}$. In this case, the consumer's utility function is $\mathrm{U}=$ $\mathrm{X}^{\wedge} 0.5 \mathrm{Y}^{\wedge} 0.5$. When $\mathrm{X}=16$ and $\mathrm{Y}=9$, the consumer's utility is $\mathrm{U}=16^{\wedge} 0.5^*$ $9^{\wedge} 0.5=4 * 3=12$. If the consumer consumes one more unit of $X$, then $X=17$ and $\mathrm{Y}=9$. The consumer's utility will now be $\mathrm{U}=17^{\wedge} 0.5 * 9^{\wedge} 0.5=4.12 * 3=$ 12.48. The change in utility is $12.48-12=0.48$. Therefore, the marginal utility of $\mathrm{X}$ is $0.48 / 1=0.48=4$.
Question : How does the caste system differ from the class system?
Option 1: The caste system is based on occupation, while the class system is based on income.
Option 2: The caste system allows for social mobility, whereas the class system does not.
Option 3: The caste system is hereditary, while the class system is based on individual achievement.
Option 4: The class system is a form of social stratification unique to India, while the caste system is found worldwide.
Correct Answer: The caste system is hereditary, while the class system is based on individual achievement.
Solution : The caste system is hereditary and rigid, with social status determined by birth. In contrast, the class system is more flexible and based on individual achievement and economic status.
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