Common University Entrance Test (UG)
Question : Case Study 6: Sustainable Entrepreneurship
Mr. Kumar, an environmentally conscious entrepreneur, founded a company that produces solar-powered gadgets and appliances. His business aims to provide eco-friendly alternatives to traditional electrical appliances, thus reducing the carbon footprint.
Question:
Mr. Kumar's venture aligns with the concept of:
Option 1: Sustainable entrepreneurship
Option 2: Franchise business
Option 3: Import-export business
Option 4: Large-scale manufacturing
Correct Answer: Sustainable entrepreneurship
Solution : The correct answer is (a) Sustainable entrepreneurship
Sustainable entrepreneurship involves creating and running businesses that have a positive impact on the environment and society. Mr. Kumar's company, which produces solar-powered gadgets and appliances with the aim of providing eco-friendly alternatives, falls under the category of sustainable entrepreneurship. The focus on reducing the carbon footprint reflects a commitment to environmental sustainability.
Question : Which of the following statement is incorrect?
Option 1: Staffing helps in discovering and obtaining comptent personal for various jobs.
Option 2: Staffing seeks to bridge the gap between where we are and where we want to go.
Option 3: Staffing insures the continuous survival and growth of the enterprise.
Option 4: None of the above
Correct Answer: Staffing seeks to bridge the gap between where we are and where we want to go.
Solution : Staffing is that part of process of management which is concerned with obtaining,utilising and maintaining a satisfactory and satisfied workforce. It is a function of planning to seek to bridge the gap between where we are and where we want to go.
Hence, option B is correct.
Question : Fill in the blank with the suitable word from the options which are mentioned below:
Smith said the project work would be completed by next week, ______ personally I doubt very much.
Option 1: which
Option 2: when
Option 3: that
Option 4: it
Correct Answer: which
Solution : The correct answer is option 1.
Explanation:
Which is a relative pronoun.
When linking an independent clause to a dependent clause, a relative pronoun is used. In order to give the subject (noun or pronoun) it refers to more information, relative pronouns are used.
These relative pronouns can also be referred to as adjective clauses because they behave exactly like adjectives.
When linking an independent clause to a dependent clause, a relative pronoun is used. In order to give the subject (noun or pronoun) it refers to more information, relative pronouns are used. These relative pronouns can also be referred to as adjective clauses because they behave exactly like adjectives.
Which is used to refer to a person, animal, or thing in a non-defining clause.
Question : Opening Inventory Rs.28,000
Closing Inventory Rs.52,000
Revenue from Operations (Sales) Rs.6,00,000
Gross Profit 25% on the cost of revenue from operations
The inventory turnover ratio will be ………
Option 1: 8 times
Option 2: 2.4 times
Option 3: 1.2 times
Option 4: 12 times
Correct Answer: 12 times
Solution : Answer = 12 times
Inventory Turnover Ratio = Cost of goods sold/Average Inventory
$\begin{gathered}\Rightarrow \quad 4,80,000 /40,000 \\ =12 \text { times }\end{gathered}$
Cost of goods sold = Sales - G.P
$x=6,00,000-\frac{x}{4}$
$\begin{aligned} 5 x & =6,00,000 \times 4 \\ x & =4,80,000\end{aligned}$
Cost of goods sold = 4,80,000
Average Inventory
$\begin{aligned} & =\frac{28000+58000}{2} \\ & =80,000 / 2 \\ & =40,000\end{aligned}$ Hence, the correct option is 4.
Question : According to the Elaboration Likelihood Model, the central route to persuasion involves:
Option 1: Focusing on superficial cues
Option 2: Relying on heuristics
Option 3: Careful consideration of the message content
Option 4: Avoiding cognitive effort
Correct Answer: Careful consideration of the message content
Solution : Correct Option: 3 Explanation: The central route to persuasion in the Elaboration Likelihood Model involves careful consideration and elaboration of the message content, leading to attitude change based on the arguments presented.
Question : A and B were partners from 1st April 2018 with capitals of Rs. 60,000 and Rs. 40,000 respectively. They shared profits in the ratio of 3: 2. They carried on business for two years. In the first year ended 31st March 2019, they earned a profit of Rs. 50,000 but in the second year ended 31st March 2020, a loss of Rs. 20,000 was incurred. As the business was no longer profitable, they dissolved the firm on 31st March 2020. Creditors on that date were Rs 20,000. The partners withdrew for personal use of Rs. 8,000 per partner per year. The assets realised Rs. 1,00,000. The expenses of realisation were Rs. 3,000. Question: Final payments made to partners are
Option 1: Paid to A Rs 49,400 , paid to B Rs 27,600
Option 2: Paid to A 27,600 and paid to B 49,400
Option 3: Received from A 49,400 and paid to B 27,600
Option 4: Paid to A 49,400 and received from B 27,600
Correct Answer: Paid to A Rs 49,400 , paid to B Rs 27,600
Solution : Answer = Paid to A Rs 49400, paid to B Rs 27600
Hence, the correct option is 1.
Question : Fill in the blanks with appropriate prepositions :
The recruiter will wait ...................... Monday before making a final decision.
Option 1: by
Option 2: Until
Option 3:
of
Option 4: No Preposition needed
Correct Answer: Until
Solution : The correct answer is option 2.
As a preposition, until means "up to(the time that)".
We use by rather than until to discuss events that will take place before a specific time or deadline.
Question : Assertion (A): A source of the development of human capital is on-the-job training. Reason (R): On-the-job training is a program that helps employees improve their skills through technical and academic instruction.
Option 1: Both Assertion (A) and Reason (R) are true and Reason (R) is the correct explanation of Assertion (A).
Option 2: Both Assertion (A) and Reason (R) are true and Reason (R) is not the correct explanation of Assertion (A).
Option 3: Assertion (A) is true but Reason (R) is False
Option 4: Assertion (A) is False but Reason (R) is true.
Correct Answer: Both Assertion (A) and Reason (R) are true and Reason (R) is the correct explanation of Assertion (A).
Solution : One type of training offered at the workplace is on-the-job training. Employees become accustomed to the working atmosphere they will be a part of during the training. Employees can obtain experience working in circumstances that are extremely similar to those they would experience on a regular basis through on-the-job training. Hence option a is the correct answer.
Question : The acronym PDCA in the PDCA cycle stands for:
Option 1: Plan, Do, Check, Act
Option 2: Predict, Decide, Coordinate, Analyze
Option 3: Prioritize, Develop, Communicate, Assess
Option 4: Prepare, Define, Control, Adapt
Correct Answer: Plan, Do, Check, Act
Solution : The correct answer is (a) Plan, Do, Check, Act
The acronym PDCA stands for Plan, Do, Check, Act, which represents a four-step iterative management method for continuous improvement. Also known as the Deming Cycle or the Shewhart Cycle, it was developed by quality management pioneer W. Edwards Deming. The PDCA cycle is a systematic approach that organizations use to achieve process improvement and problem-solving by following these steps:
1. Plan: Identify objectives, set goals, and develop a detailed plan to achieve them. This step involves analyzing the current situation, identifying areas for improvement, and creating a roadmap for action.
2. Do: Implement the plan by carrying out the actions outlined in the planning phase. This involves executing the planned activities, tasks, or processes.
3. Check: Evaluate and monitor the results and outcomes of the implemented plan. Compare the actual results with the expected or desired outcomes. This step involves gathering data, analyzing it, and assessing performance against the set objectives.
4. Act: Based on the findings from the checking phase, take appropriate actions to make necessary adjustments, corrections, or improvements. This step includes making changes to the processes, systems, or actions to optimize performance and address any identified issues or gaps. The improvements made in this step are then incorporated into the next cycle of the PDCA cycle for further refinement and continuous improvement.
The PDCA cycle is a widely recognized framework for continuous improvement and problem-solving, emphasizing the importance of iterative learning, feedback, and adaptation.
Question : Which of the following is an example of an intransitive verb?
Option 1: Give
Option 2: Laugh
Option 3: Sing
Option 4: Eat
Correct Answer: Laugh
Solution : The correct answe is option 2; Laugh.
An intransitive verb is a verb that does not take an object, and "laugh" is an example of such a verb
Example: "I laughed at the joke"
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