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Worksheets

UGC NET

Total questions: 15

Worksheet time: 8mins

Name
Class
Date
1.

Goodwill of a firm of X and Y is valued at rupees 30.000. It is appearing in the books at rupees 12,000. Z is admitted for 1/4 share. What amount he is supposed to bring for goodwill?

a)

3,000

b)

4,500

c)

7,500

d)

10,500

2.

A Ltd, issued a prospectus for inviting application 2000 shares. Applications were received for 3000 shares and pro-rata allotment was made on the application of 2,400 shares. If A has been allotted 40 shares, How many shares he must have applied for ?

a)

40

b)

44

c)

48

d)

52

3.

Which of the following is not an international economic institution?

a)

IMF

b)

IBRD

c)

ADB

d)

IFRS

4.

Who among the following has given Absolute Advantage Model of international trade?

a)

Adam Smith

b)

David Ricardo

c)

Hackcher Ohim

d)

William Petty

5.

Who among the following has given Absolute Advantage Model of international trade?

a)

Adam Smith

b)

David Ricardo

c)

Hackcher Ohim

d)

William Petty

6.

What is Hawala?

a)

Tax evasion

b)

Illegal trading in stock exchanges

c)

Bank robbery

d)

Illegal transactions of foreign exchange.

7.

Assertion (A) : The future will see mostly the electronic money clearance through satellite networking.

Reasoning(R) : RBI is encouraging e-banking.

a)

(A) is true, but (R) is false

b)

(A) is false, but (R) is true.

c)

Both (A) and (R) are true and (R) is the correct explanation of (A)

d)

Both (A) and (R) are true, but (R) does not support (A)

8.

The Job Description Index (JDI) Technique is used for meaning which one of the following?

a)

Job attitude

b)

Job description/ definitions

c)

Job analysis records

d)

Job skill requirement

9.

Which one of the following equates the present value of cash outflows and the present value of expected cash inflows from a project?

a)

NPV

b)

IRR

c)

PB Period

d)

ARR

10.

Which one of the following is not a method of calculating cost of equity capital?

a)

Dividend yield method

b)

Dividend yield plus growth method

c)

Yield to maturity method

d)

Earnings yield method

11.

Who among the following is not associated with theories of motivation?

a)

A.H.Maslow

b)

Cris Argyris

c)

Frederick Herzberg

d)

Peter F. Drucker

12.

The scale of measurement which has no order, distance and unique origin is known as which of the following?

a)

Nominal scale

b)

Ordinal scale

c)

Interval scale

d)

Ratio scale

13.

Which of the following is not a basic property of indifference curves?

a)

Negative slope

b)

Indifference curves of two imperfect substitutes are concave to the point of origin

c)

The indifference curves do not intersect nor are they tangent to one another

d)

Upper indifference curves indicate higher level of satisfaction.

14.

Which one of the following statement are true?

a)

Pure profit is the return in the excess of the opportunity cost

b)

Accounting profit is the excess of total revenue over and above the explicit and implicit cost

c)

Profit maximization is the sole objective of the modern firms

d)

Profit is maximum when the difference between marginal revenue and marginal cost is maximum

15.

Which one of the following is not the assumption on which the theory of consumer behaviour is based on the cardinal utility approach?

a)

Rationality

b)

Constant marginal utility from successive units

c)

Constant marginal utility of money

d)

Utility is measurable