This section includes InterviewSolutions, each offering curated multiple-choice questions to sharpen your knowledge and support exam preparation. Choose a topic below to get started.
| 1901. |
Name the level of management the following posts belong to : (i) Human Resource Manager (ii) CEO (iii) Superinted |
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Answer» Name the level of management the following posts belong to : (i) Human Resource Manager (ii) CEO (iii) Superinted |
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| 1902. |
State the features of formal organisation. |
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Answer» State the features of formal organisation. |
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| 1903. |
'Planning is looking ahead and controlling is looking back'. Comment. |
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Answer» 'Planning is looking ahead and controlling is looking back'. Comment. |
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| 1904. |
Which test is helpful in assessing the individuals capacity for learning new skills? |
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Answer» Which test is helpful in assessing the individuals capacity for learning new skills? |
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| 1905. |
In controlling, why is actual performance compared with standards? |
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Answer» In controlling, why is actual performance compared with standards? |
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| 1906. |
___ reviews the operations in a business unit. |
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Answer» |
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| 1907. |
Asha and Aditi are partners in a firm sharing profits and losses in the ratio of 3:2. They admit Raghav as a partner for 1/4th share in the profits of the firm. Raghav brings Rs 6,00,000 as his capital and his share of goodwill in cash. Goodwill of the firm is to be valued at two years' purchase of average profits of the last four years. The profits of the firm during the last four years are given below: 2013-14-Rs 50,000 ; 2014-15- Rs 4,75,000; 2015-16- Rs 6,70,000' 2015- 17 - Rs 7,45,000. The following additional information is given : (i) To cover management cost, an annual charge of Rs 56,250 should be made for the purpose of valuation of goodwill, (ii) The closing stock for the year ended 31-3-2017 was overvalued by Rs 15,000. Pass necessary Journal entries on Raghav's admission showing the working notes clearly. |
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Answer» Asha and Aditi are partners in a firm sharing profits and losses in the ratio of 3:2. They admit Raghav as a partner for 1/4th share in the profits of the firm. Raghav brings Rs 6,00,000 as his capital and his share of goodwill in cash. Goodwill of the firm is to be valued at two years' purchase of average profits of the last four years. The profits of the firm during the last four years are given below: 2013-14-Rs 50,000 ; 2014-15- Rs 4,75,000; 2015-16- Rs 6,70,000' 2015- 17 - Rs 7,45,000. The following additional information is given : (i) To cover management cost, an annual charge of Rs 56,250 should be made for the purpose of valuation of goodwill, (ii) The closing stock for the year ended 31-3-2017 was overvalued by Rs 15,000. Pass necessary Journal entries on Raghav's admission showing the working notes clearly. |
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| 1908. |
Prepare an accounting equation from the following: (i) Kunal started business with cash 2,50,000 Rs (ii) He purchased furniture for cash 35,000 Rs (iii) He paid commission 2,000 Rs (iv) He purchased goods on credit 40,000 Rs (v) He sold goods (costing 20,000) for cash 26,000 Rs |
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Answer» Prepare an accounting equation from the following: (i) Kunal started business with cash 2,50,000 Rs (ii) He purchased furniture for cash 35,000 Rs (iii) He paid commission 2,000 Rs (iv) He purchased goods on credit 40,000 Rs (v) He sold goods (costing 20,000) for cash 26,000 Rs |
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| 1909. |
Which essence of management affects planning organising, staffing, directing and controlling? |
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Answer» Which essence of management affects planning organising, staffing, directing and controlling? |
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| 1910. |
The 2016 issue of World Development Report is based on: |
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Answer» The 2016 issue of World Development Report is based on: |
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| 1911. |
British star Andy Murray has credited Pilates workouts for having a dramatic effect on his tennis. |
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Answer» British star Andy Murray has credited Pilates workouts for having a dramatic effect on his tennis. |
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| 1912. |
What does principle of initiative indicate? |
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Answer» What does principle of initiative indicate? |
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| 1913. |
Name the management function, which is known as 'management in action'. |
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Answer» Name the management function, which is known as 'management in action'. |
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| 1914. |
Nokia takes the four-lane road to consumers. In New Delhi, after having grabbed a king size 79% share of the Rs. 15,000 crore mobile handset market in India, Nokia India has found a new way of connecting people. The mobile handset manufacturer has embarked upon a brand new retail strategy that is based on a classification of its consumers into four major groups that separates people in terms of usage, income level, and lifestyle. The classification is based on an extensive survey- The Nokia Segmentation Study -that was carried over 2 years involving 42,000 consumers from 16 countries. It studied the impact lifestyle choices and attitudes have on the mobile devices consumers buy and how they use them. The strategy, which was announced globally in June last year, is being unfolded in India now. While the nitty-gritty of the new strategy is still being worked out, it is likely that the company would follow separate marketing strategies for the four different segments. The advertising campaigns could be different for the segments. Nokia's entire product portfolio has now been realigned towards these four groups to address the specific needs of each. The first of these segments Live, aimed at first time users, whose basic need is to stay in touch with the voice as the main driver, would have basic handsets low on features and price. 'These may be functional phones, but the target group for these phones range from SEC C(low socio-economic class) to SEC Al+ (very high socio-economic class) markets', says Nokia India marketing head, Devinder Kishore. The second segment Connect looks at more evolved users, who look for more functionality and features and connectivity. Accordingly, phones in this segment would have GPRS, camera and music capabilities. The next two categories, Achieve and Explore, are aimed at high-end users and have Nokia's top-end handsets. e.g. Achieve segment looks at enterprise users, who need to have business functionalities In their phones. Nokia's new E-series has been put under this segment with handsets having QWEFtTY keyboards and full Internet capabilities. Aimed at high-end lifestyle users, Explore would be the most prominent segment for the company in the coming years. Says Nokia India multimedia business director, Vineet Taneja, 'This segment would see the most vibrant growth in the coming year. It will look at five different areas—applications, imaging, mobile, TV, music, and gaming. We are fast developing the ecosystem to support these areas'. Nokia acquired music solution and content provider LoudEye and GPS solution provider Gate 5. It is all slated to launch its most high-profile handset, which boasts of having a 5 megapixel camera and GPS capabilities apart from iPod quality music, in February. Says Taneja, 'There is an increasing demand for convergence and multiple functionalities in high-end handsets. The N-series will try to address that'. Nokia feels that the new platform strategy, wherein different handsets are launched under a platform like the N-Series will become a status and style statement and drive numbers. Identify the four market segments that Nokia plans to address as per the news report above. |
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Answer» Nokia takes the four-lane road to consumers. In New Delhi, after having grabbed a king size 79% share of the Rs. 15,000 crore mobile handset market in India, Nokia India has found a new way of connecting people. The mobile handset manufacturer has embarked upon a brand new retail strategy that is based on a classification of its consumers into four major groups that separates people in terms of usage, income level, and lifestyle. The classification is based on an extensive survey- The Nokia Segmentation Study -that was carried over 2 years involving 42,000 consumers from 16 countries. It studied the impact lifestyle choices and attitudes have on the mobile devices consumers buy and how they use them. The strategy, which was announced globally in June last year, is being unfolded in India now. While the nitty-gritty of the new strategy is still being worked out, it is likely that the company would follow separate marketing strategies for the four different segments. The advertising campaigns could be different for the segments. Nokia's entire product portfolio has now been realigned towards these four groups to address the specific needs of each. The first of these segments Live, aimed at first time users, whose basic need is to stay in touch with the voice as the main driver, would have basic handsets low on features and price. 'These may be functional phones, but the target group for these phones range from SEC C(low socio-economic class) to SEC Al+ (very high socio-economic class) markets', says Nokia India marketing head, Devinder Kishore. The second segment Connect looks at more evolved users, who look for more functionality and features and connectivity. Accordingly, phones in this segment would have GPRS, camera and music capabilities. The next two categories, Achieve and Explore, are aimed at high-end users and have Nokia's top-end handsets. e.g. Achieve segment looks at enterprise users, who need to have business functionalities In their phones. Nokia's new E-series has been put under this segment with handsets having QWEFtTY keyboards and full Internet capabilities. Aimed at high-end lifestyle users, Explore would be the most prominent segment for the company in the coming years. Says Nokia India multimedia business director, Vineet Taneja, 'This segment would see the most vibrant growth in the coming year. It will look at five different areas—applications, imaging, mobile, TV, music, and gaming. We are fast developing the ecosystem to support these areas'. Nokia acquired music solution and content provider LoudEye and GPS solution provider Gate 5. It is all slated to launch its most high-profile handset, which boasts of having a 5 megapixel camera and GPS capabilities apart from iPod quality music, in February. Says Taneja, 'There is an increasing demand for convergence and multiple functionalities in high-end handsets. The N-series will try to address that'. Nokia feels that the new platform strategy, wherein different handsets are launched under a platform like the N-Series will become a status and style statement and drive numbers. Identify the four market segments that Nokia plans to address as per the news report above. |
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| 1915. |
F Ltd. was engaged in the business of food processing and selling its products under a popular brand. Lately, the business was expanding due to good quality and reasonable prices. Also with more people working, the market for processed food was increasing. New players were also coming to cash in on the new trend. In order to keep its market share in the short run, the company directed its existing workforce to work overtime. But this resulted in many problems. Due to increased pressure of work, the efficiency of the workers declined. Sometimes, the subordinates had to work for more than one superior resulting in declining efficiency. The divisions that were previously working on one product were also made to work on two or more products. This resulted in a lot of overlapping and wastage. The workers were becoming indisciplined. The spirit of teamwork, which had characterised the company previously, was beginning to wane. Workers were feeling cheated and initiative was declining. The quality of the products was beginning to decline and market share was on the verge of decrease. Actually, the company had implemented changes without creating the required infrastructure. Taylor's principles of scientific management and Fayol's principles of management are mutually complementary. Do you agree? Give reasons in support of your answer. |
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Answer» F Ltd. was engaged in the business of food processing and selling its products under a popular brand. Lately, the business was expanding due to good quality and reasonable prices. Also with more people working, the market for processed food was increasing. New players were also coming to cash in on the new trend. In order to keep its market share in the short run, the company directed its existing workforce to work overtime. But this resulted in many problems. Due to increased pressure of work, the efficiency of the workers declined. Sometimes, the subordinates had to work for more than one superior resulting in declining efficiency. The divisions that were previously working on one product were also made to work on two or more products. This resulted in a lot of overlapping and wastage. The workers were becoming indisciplined. The spirit of teamwork, which had characterised the company previously, was beginning to wane. Workers were feeling cheated and initiative was declining. The quality of the products was beginning to decline and market share was on the verge of decrease. Actually, the company had implemented changes without creating the required infrastructure. Taylor's principles of scientific management and Fayol's principles of management are mutually complementary. Do you agree? Give reasons in support of your answer. |
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| 1916. |
From the following data, Calculate Personal Income and Personal Disposable Income. Rs (Crores)(a) Net Domestic Product at Factor Cost8,000(b) Net Factor Income from Abroad200(c) Undistributed Profit1,000(d) Corporate Tax500(e) Interest Received by Households1,500(f) Transfer Paid by Households1,200(g) Transfer Income300(h) Personal Tax500 |
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Answer» From the following data, Calculate Personal Income and Personal Disposable Income. Rs (Crores)(a) Net Domestic Product at Factor Cost8,000(b) Net Factor Income from Abroad200(c) Undistributed Profit1,000(d) Corporate Tax500(e) Interest Received by Households1,500(f) Transfer Paid by Households1,200(g) Transfer Income300(h) Personal Tax500 |
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| 1917. |
In which of the following basic categories can business environment be divided? |
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Answer» In which of the following basic categories can business environment be divided? |
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| 1918. |
Planning is based on certain assumptions about the future. What are these assumptions called? |
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Answer» Planning is based on certain assumptions about the future. What are these assumptions called? |
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| 1919. |
Which of the following are the steps in the selection process? |
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Answer» Which of the following are the steps in the selection process? |
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| 1920. |
Ernakulam Textiles Ltd. raised the following long term loans in 1st April, 2017: Rs.60,000, 8% Debentures of Rs. 100 each redeemable infour equal annual instalments beginning1st January, 201960,00,00012% Bank Loan from Axis Bank repayable after 4 years20,00,000 Interest on Debentures and Bank Loan has not yet been paid. You are required to show the above items in the Balance Sheet of the Company as at 31st March, 2018 |
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Answer» Ernakulam Textiles Ltd. raised the following long term loans in 1st April, 2017: Rs.60,000, 8% Debentures of Rs. 100 each redeemable infour equal annual instalments beginning1st January, 201960,00,00012% Bank Loan from Axis Bank repayable after 4 years20,00,000 |
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| 1921. |
I am a PCM student of class 11. I am starting my syllabus from August onwards can it is it possible to cover it till January? |
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Answer» I am a PCM student of class 11. I am starting my syllabus from August onwards can it is it possible to cover it till January? |
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| 1922. |
Based on 'Performance Appraisal Report (2016).' the HR manager of XYZ Ltd. adopted the following ways of training for improving the quality of output and providing more job satisfaction to the employee: Mr. Rahul was provided a dummy model of machinery to do practice on it. While, Mr. Shah was asked to work with an expert for specific period of time so that he learns by observation. Identify the technique of training discussed in the above case. |
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Answer» Based on 'Performance Appraisal Report (2016).' the HR manager of XYZ Ltd. adopted the following ways of training for improving the quality of output and providing more job satisfaction to the employee: Mr. Rahul was provided a dummy model of machinery to do practice on it. While, Mr. Shah was asked to work with an expert for specific period of time so that he learns by observation. Identify the technique of training discussed in the above case. |
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| 1923. |
Budgetary control requires the preparation of |
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Answer» Budgetary control requires the preparation of |
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| 1924. |
The director of a newly established company having paid up equity share capital of 25 crores desires to get its shares traded at all India Level Stock exchange. As finance manager of the company. Suggest the name of stock exchange for the purpose. Give any 3 reasons in support of your answer. |
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Answer» The director of a newly established company having paid up equity share capital of 25 crores desires to get its shares traded at all India Level Stock exchange. As finance manager of the company. Suggest the name of stock exchange for the purpose. Give any 3 reasons in support of your answer. |
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| 1925. |
Which of the following are responsibilities of a consumer? |
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Answer» Which of the following are responsibilities of a consumer? |
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| 1926. |
Enumerate the following limitations of controlling. (i) Difficulty in setting quantitative standards. (ii) Resistance from employees. |
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Answer» Enumerate the following limitations of controlling. (i) Difficulty in setting quantitative standards. (ii) Resistance from employees. |
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| 1927. |
Is there online test seris for NEET in byjus |
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Answer» Is there online test seris for NEET in byjus |
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| 1928. |
Conundrum is opposite in meaning to: |
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Answer» Conundrum is opposite in meaning to: |
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| 1929. |
Under the planning incharge, he/ she is responsible to specify the route of production. |
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Answer» Under the planning incharge, he/ she is responsible to specify the route of production. |
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| 1930. |
An auto company C Ltd., is facing a problem of declining market share due to increased competition from other new and existing players in the market. Its competitors are introducing lower-priced models for mass consumers who are price sensitive. For quality conscious consumers, the company is introducing new models with added features and new technological advancements. How will you seek to remove these limitations? |
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Answer» An auto company C Ltd., is facing a problem of declining market share due to increased competition from other new and existing players in the market. Its competitors are introducing lower-priced models for mass consumers who are price sensitive. For quality conscious consumers, the company is introducing new models with added features and new technological advancements. How will you seek to remove these limitations? |
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| 1931. |
Guru Ltd. invited applications for issuing 5,00,000 equity shares of Rs 10. each at a premium or Rs 5 per share. Because of favourable market conditions the issue was oversubscribed and applications for 15,00,000 shares were received. Suggest the alternatives available to the Board of Directors for the allotment of shares? |
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Answer» Guru Ltd. invited applications for issuing 5,00,000 equity shares of Rs 10. each at a premium or Rs 5 per share. Because of favourable market conditions the issue was oversubscribed and applications for 15,00,000 shares were received. Suggest the alternatives available to the Board of Directors for the allotment of shares? |
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| 1932. |
Define a plan. |
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Answer» Define a plan. |
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| 1933. |
What tools are used to create public creation? |
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Answer» What tools are used to create public creation? |
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| 1934. |
Which of the following are reasons why staffing is needed in an organisation. |
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Answer» Which of the following are reasons why staffing is needed in an organisation. |
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| 1935. |
Proper ___ facilitates an efficient work environment. |
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Answer» Proper |
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| 1936. |
In math, is NCERT is enough for getting 90% marks in board exams? |
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Answer» In math, is NCERT is enough for getting 90% marks in board exams? |
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| 1937. |
Which sector in India has the highest FDI equity inflow during Financial Year 2015-16? |
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Answer» Which sector in India has the highest FDI equity inflow during Financial Year 2015-16? |
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| 1938. |
Why do signs at petrol stations warn people not to use cell phones while filling petrol in their cars? |
| Answer» Why do signs at petrol stations warn people not to use cell phones while filling petrol in their cars? | |
| 1939. |
Products like ___ and ___ are required to carry a statutory warning on their packages |
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Answer» Products like |
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| 1940. |
Which of the following does not exist under marketing management? |
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Answer» Which of the following does not exist under marketing management? |
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| 1941. |
What shopping products have been purchased by you/your family in the last six months? Make a list and specify what factors influence the purchase of each of these products. |
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Answer» What shopping products have been purchased by you/your family in the last six months? Make a list and specify what factors influence the purchase of each of these products. |
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| 1942. |
Staffing is an integral part of management process. In the light of this statement, state some of its features. |
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Answer» Staffing is an integral part of management process. In the light of this statement, state some of its features. |
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| 1943. |
Name the benchmark or the market index of Bombay Stock Exchange (BSE). |
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Answer» Name the benchmark or the market index of Bombay Stock Exchange (BSE). |
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| 1944. |
What is the purpose of packaging a product? |
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Answer» What is the purpose of packaging a product? |
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| 1945. |
It emphasizes that deviations in the key areas need to be attended to more urgently as compared to deviations in certain insignificant areas. Control should, therefore, focus on these key result areas which are critical to the success of an organisation. This statement refers to ___ |
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Answer» It emphasizes that deviations in the key areas need to be attended to more urgently as compared to deviations in certain insignificant areas. Control should, therefore, focus on these key result areas which are critical to the success of an organisation. This statement refers to |
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| 1946. |
Activities of monitoring, disseminating and being a spokesperson are part of a manager’s ______________ role. |
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Answer» Activities of monitoring, disseminating and being a spokesperson are part of a manager’s ______________ role. |
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| 1947. |
What does pyramid form of levels of management indicate? |
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Answer» What does pyramid form of levels of management indicate? |
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| 1948. |
The cheapest source of finance is: |
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Answer» The cheapest source of finance is: |
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| 1949. |
'A successful enterprise has to achieve its goals effectively and efficiently'. Explain. |
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Answer» 'A successful enterprise has to achieve its goals effectively and efficiently'. Explain. |
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| 1950. |
What is a treasury bill? |
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Answer» What is a treasury bill? |
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