The complete UGC NET January 2026 question paper for Management, covering Paper 1 (General Aptitude) and Paper 2 (Management). Every question below is shown with its options and the correct answer, and a detailed explanation you can unlock by signing in. All 150 questions are free to practise.
| Exam | UGC NET January 2026 |
|---|---|
| Papers | Paper 1 (General Aptitude) and Paper 2 (Management) |
| Exam date(s) | January 7, 2026 |
| Shift(s) | Shift 1 |
| Paper 1 questions | 50 questions · 60 minutes · 100 marks |
| Paper 2 questions | 100 questions · 120 minutes · 200 marks |
| Total | 150 questions |
| Marking scheme | +2 per correct answer · No negative marking |
UGC NET January 2026 · Management sitting
50 questions with the answer key and explanations.
How many students have got more than or equal to 70% marks in at least 4 subjects?
| Student | English (M.M=150) | Economics (M.M=130) | Sociology (M.M=120) | Philosophy (M.M=100) | Psychology (M.M=60) | IT (M.M=40) |
|---|---|---|---|---|---|---|
| A | 80 | 50 | 80 | 60 | 70 | 80 |
| B | 90 | 80 | 70 | 40 | 80 | 70 |
| C | 80 | 60 | 70 | 70 | 80 | 70 |
| D | 70 | 65 | 80 | 80 | 60 | 60 |
| E | 70 | 65 | 80 | 75 | 50 | 80 |
| F | 60 | 75 | 60 | 80 | 40 | 60 |
| G | 60 | 35 | 50 | 70 | 70 | 70 |
Answer: (D) 5
Explanation
Find the aggregate marks obtained by the students C and F respectively.
| Student | English (M.M=150) | Economics (M.M=130) | Sociology (M.M=120) | Philosophy (M.M=100) | Psychology (M.M=60) | IT (M.M=40) |
|---|---|---|---|---|---|---|
| A | 80 | 50 | 80 | 60 | 70 | 80 |
| B | 90 | 80 | 70 | 40 | 80 | 70 |
| C | 80 | 60 | 70 | 70 | 80 | 70 |
| D | 70 | 65 | 80 | 80 | 60 | 60 |
| E | 70 | 65 | 80 | 75 | 50 | 80 |
| F | 60 | 75 | 60 | 80 | 40 | 60 |
| G | 60 | 35 | 50 | 70 | 70 | 70 |
Answer: (C) 428, 387.5
Explanation
Find the overall percentage in the subjects of English, Philosophy and IT respectively.
| Student | English (M.M=150) | Economics (M.M=130) | Sociology (M.M=120) | Philosophy (M.M=100) | Psychology (M.M=60) | IT (M.M=40) |
|---|---|---|---|---|---|---|
| A | 80 | 50 | 80 | 60 | 70 | 80 |
| B | 90 | 80 | 70 | 40 | 80 | 70 |
| C | 80 | 60 | 70 | 70 | 80 | 70 |
| D | 70 | 65 | 80 | 80 | 60 | 60 |
| E | 70 | 65 | 80 | 75 | 50 | 80 |
| F | 60 | 75 | 60 | 80 | 40 | 60 |
| G | 60 | 35 | 50 | 70 | 70 | 70 |
Answer: (D) 72.85, 67.85 and 70
Explanation
Find the average marks in Sociology and IT respectively obtained by all the students (A to G).
| Student | English (M.M=150) | Economics (M.M=130) | Sociology (M.M=120) | Philosophy (M.M=100) | Psychology (M.M=60) | IT (M.M=40) |
|---|---|---|---|---|---|---|
| A | 80 | 50 | 80 | 60 | 70 | 80 |
| B | 90 | 80 | 70 | 40 | 80 | 70 |
| C | 80 | 60 | 70 | 70 | 80 | 70 |
| D | 70 | 65 | 80 | 80 | 60 | 60 |
| E | 70 | 65 | 80 | 75 | 50 | 80 |
| F | 60 | 75 | 60 | 80 | 40 | 60 |
| G | 60 | 35 | 50 | 70 | 70 | 70 |
Answer: (A) 84, 28
Explanation
Find the overall percentage of A and G.
| Student | English (M.M=150) | Economics (M.M=130) | Sociology (M.M=120) | Philosophy (M.M=100) | Psychology (M.M=60) | IT (M.M=40) |
|---|---|---|---|---|---|---|
| A | 80 | 50 | 80 | 60 | 70 | 80 |
| B | 90 | 80 | 70 | 40 | 80 | 70 |
| C | 80 | 60 | 70 | 70 | 80 | 70 |
| D | 70 | 65 | 80 | 80 | 60 | 60 |
| E | 70 | 65 | 80 | 75 | 50 | 80 |
| F | 60 | 75 | 60 | 80 | 40 | 60 |
| G | 60 | 35 | 50 | 70 | 70 | 70 |
Answer: (B) 69.16 and 55.91
Explanation
Arrange the following in chronological order as per year of their enactment.
A. Working Journalists (Fixation of Rates of Wages) Act
B. First Press Regulation Act
C. Contempt of Courts Act
D. The Indecent Representation of Women (Prohibition) Act
Answer: (B) B, A, C, D
Explanation
Match List-I with List-II.
| List-I (Digital Initiative) | List-II (Description) |
|---|---|
| A. SAKSHAT | I. Single point of access to all Government services |
| B. IRINS | II. Reduce dependency on proprietary software in Educational Institutions |
| C. UMANG | III. A One Stop Education Portal |
| D. FOSSEE | IV. Web-based Research Information Management |
Answer: (A) A-III, B-IV, C-I, D-II
Explanation
Which of the following characteristics of Mass Communication are true?
A. It needs a mass medium
B. It is impersonal communication
C. It has gatekeepers
D. The feedback is ultrafast
E. It is very cheap/no cost involved
Answer: (C) A, B and C only
Explanation
Match List-I with List-II.
| List-I (Purpose) | List-II (Act) |
|---|---|
| A. To form firm beliefs in students | I. Instruction |
| B. To shape their behavior and conduct | II. Indoctrination |
| C. To improve learning skills | III. Training |
| D. To command with knowledge | IV. Conditioning |
Answer: (B) A-I, B-II, C-III, D-IV
Explanation
As a Junior Research Fellow (JRF), you plagiarized someone's work and you are caught. What is the likely consequence?
A. You will be rewarded for that over time.
B. The research article is retracted with public documentation explaining the reason.
C. The institute funding your research takes disciplinary action.
D. Your academic standing and reputation come into question.
Answer: (C) B, C and D only
Explanation
Which of the following statements are logically equivalent?
A. No cars are non-vehicles
B. Some cars are vehicles
C. All vehicles are cars
D. All cars are vehicles
Answer: (C) A and D only
Explanation
Four different populations consist of numbers as given below. Compute the variance of each population and arrange them in descending order.
A. 6, 15, 27, 33, 99
B. 1, 3, 3, 4, 5, 6, 7
C. 10, 16, 10, 16, 10, 10, 16, 16
D. 16, 15, 10, 15
Answer: (B) A, C, D, B
Explanation
Match List-I with List-II.
| List-I (Communication Elements) | List-II (Explanation) |
|---|---|
| A. Who | I. The Message |
| B. Says what | II. The Communicator |
| C. In which channel | III. The Audience |
| D. To whom | IV. The Media |
Answer: (C) A-II, B-I, C-IV, D-III
Explanation
Arrange the following in the increasing order of their percentage.
A. 425 out of 500
B. 384 out of 540
C. 570 out of 700
D. 480 out of 660
Answer: (A) B, D, C, A
Explanation
Assertion (A): As per classical Indian school of logic the argument “the sky-lotus is fragrant, because it is a lotus, like the lotus of a lake” is fallacious.
Reason (R): In the above argument the middle term is non-exclusive.
Answer: (A) Both (A) and (R) are correct and (R) is the correct explanation of (A)
Explanation
If in a certain code language “Very bright boys” is coded as 654, “Most boys are allrounder” is coded as 1432, and “Bright boys are smart” is coded as 5437, then how “smart” and “bright” shall be coded in that language, respectively?
Answer: (B) 7, 5
Explanation
The average age of a class of 34 students and a teacher reduces by 0.5 years if the teacher is excluded. The initial average of the class including teacher is 16 years. Find the age of the teacher.
Answer: (B) 33 years
Explanation
Arrange the following terms in order of increasing extension.
A. Lotus
B. Plant
C. Organism
D. Flower
Answer: (C) A, D, B, C
Explanation
Which of the following propositions are so related that they cannot both be true although they may both be false?
A. All cars are vehicles.
B. Some cars are vehicles.
C. No cars are vehicles.
D. Some cars are not vehicles.
Answer: (B) A and C only
Explanation
Assertion (A): Mass communication is the process of delivering information, ideas and attitudes to a sizable and diversified audience.
Reason (R): It uses media developed for that purpose.
Answer: (A) Both (A) and (R) are correct and (R) is the correct explanation of (A)
Explanation
Assertion (A): The UGC made a course on “research and publication ethics” compulsory for all students pursuing PhD as they all are potential College and University teachers.
Reason (R): A teacher must have appropriate understanding of research ethics to teach how to produce knowledge ethically.
Answer: (A) Both (A) and (R) are correct and (R) is the correct explanation of (A)
Explanation
Select appropriate maxims of Teaching.
A. Simple to complex
B. Rural to Urban
C. Concrete to Abstract
D. Analysis to Synthesis
E. Low IQ to High IQ
Answer: (D) A, C and D only
Explanation
Which of the following is a flexibility mechanism under Kyoto protocol?
A. Joint Implementation (JI)
B. Intended Nationally Determined Contributions (INDC)
C. Common Minimum Programme (CMP)
D. International Emission Trading (IET)
E. Clean Development Mechanism (CDM)
Answer: (D) A, D and E only
Explanation
Find the missing term in the series: -1, 2, 7, ?, 23, 34.
Answer: (C) 14
Explanation
Match List-I with List-II.
| List-I (Pronouncements) | List-II (Act/Commission) |
|---|---|
| A. Allocation of one lakh rupees per year for education | I. Wood's Despatch |
| B. English as a medium and as a language is necessary for India's growth | II. Kothari Commission Report |
| C. Grant-in-Aid for every educational institution | III. Charter Act of 1813 |
| D. India's destiny is getting shaped in her classrooms | IV. Macaulay Minutes |
Answer: (C) A-III, B-IV, C-I, D-II
Explanation
Select the correct statements.
A. Chanakya composed Arthashastra at the Vallabhi University.
B. Panini who wrote Ashtadhyayi was an alumnus of Takshashila.
C. Acharya Shilbhadra was the highest living authority in Odantpuri.
D. Agraharas was an educational institution with a whole settlement of Brahmanas.
E. Jain educational institutions are also known as Basadis.
Answer: (D) B, D and E only
Explanation
Assertion (A): India is one of the fastest growing economy of the World.
Reason (R): To grow fast, India has been spending six percent of GDP on education since 2014.
Answer: (C) (A) is correct but (R) is not correct
Explanation
Arrange the following chronologically.
A. NCTE
B. NAAC
C. NIRF
D. AICTE
E. UGC
Answer: (C) D, E, A, B, C
Explanation
Identify the correct sequence of steps A-D followed by the CPU as it processes each instruction in a program.
A. Store
B. Decode
C. Fetch
D. Execute
Answer: (B) C, B, D, A
Explanation
If (L)M represents a number L in base-M number system, then which of the following numbers are equivalent to (AD)16?
A. (255)8
B. (10101101)2
C. (173)10
D. (1141)5
Answer: (D) A, B and C only
Explanation
“It is based on the assumption that mass media have subtle effects on audiences who unknowingly absorb the dominant symbols, images and messages of media.” The above-mentioned communication theory is known by what name and who developed it?
Answer: (B) The Cultivation Theory by George Gerbner
Explanation
Bhopal disaster (1984) is one of the most tragic industrial accidents, which happened due to release of gas into the atmosphere from Union Carbide factory.
Answer: (A) Methyl isocyanate
Explanation
Arrange the following environment-related acts in the chronological order of their enactment.
A. The Wildlife Protection Act
B. Air (Prevention and Control of Pollution) Act
C. The National Green Tribunal Act
D. Environment (Protection) Act
E. The Forest (Conservation) Act
Answer: (B) A, E, B, D, C
Explanation
Match List-I with List-II.
| List-I (Measurement Scale) | List-II (Appropriate Example) |
|---|---|
| A. Ordinal | I. Color of Hair |
| B. Ratio | II. Satisfaction Level |
| C. Nominal | III. Difference in temperature in degree Celsius |
| D. Interval | IV. Salary of employees |
Answer: (D) A-II, B-IV, C-I, D-III
Explanation
“Statistically speaking, men who eat more bananas are more likely to be in committed relations. So start eating more bananas.” Which of the following fallacies is committed in the above argument?
Answer: (A) False cause
Explanation
Ocean acidification occurs due to reaction of atmospheric carbon dioxide with sea water to produce
Answer: (B) Carbonic acid
Explanation
Match List-I with List-II.
| List-I (Biosphere Reserve) | List-II (Location) |
|---|---|
| A. Nanda Devi Biosphere Reserve | I. Odisha |
| B. Pachmarhi Biosphere Reserve | II. Meghalaya |
| C. Simlipal Biosphere Reserve | III. Madhya Pradesh |
| D. Nokrek Biosphere Reserve | IV. Uttarakhand |
Answer: (D) A-IV, B-III, C-I, D-II
Explanation
Assertion (A): VoIP is an acronym that stands for Voice over Internet Protocol.
Reason (R): VoIP is a technology that allows you to make voice calls using a broadband Internet connection instead of a regular phone call.
Answer: (B) Both (A) and (R) are correct but (R) is not the correct explanation of (A)
Explanation
Select the correct statements.
A. Teachers in HEIs must be strict disciplinarian.
B. Teachers in HEIs must motivate her learners to learn independently.
C. Teachers in HEIs must not use any technology.
D. Teachers in HEIs must not interact with students outside classroom.
E. Teachers in HEIs must be an avid reader and a participant in her discipline's discourse.
Answer: (B) B and E only
Explanation
The capitalist countries perform even better as compared to the socialism because it is based on:
Socialism aims at equality and social justice through government ownership and control over the means of production. Yet, no socialist country has been able to realise these aims. Even in Russia which is the pioneer of Socialism, much injustice, oppression and inequality prevails. There are glaring disparities between the elite and the masses. On the contrary, the Capitalist system is based on private property and voluntary exchange. People have disliked it on the presumption that it serves narrow and vested interests only. However, Capitalist countries have shown better results as people there enjoy comparatively more freedom and prosperity, and less injustice and inequality. It would be incorrect to say that socialism or communism was made corrupt by wicked and incompetent rulers or that capitalism has been successful in spite of the prevalence of immoral values in it. No political system can succeed unless its good and moral qualities are sustained. However idealistic any particular system may be, it can be upheld only by ensuring respect for the dignity and individuality of each person, his rights and values, and by guaranteeing his personal freedom. Compulsion and the use of force, or exertion of psychological pressure should give way to gentle urging, reasoning and convincing. This is the fundamental value in inter-personal human relationships in society.
Answer: (A) Private property and voluntary exchange
Explanation
The fundamental value in inter-personal human relationships in society is:
Socialism aims at equality and social justice through government ownership and control over the means of production. Yet, no socialist country has been able to realise these aims. Even in Russia which is the pioneer of Socialism, much injustice, oppression and inequality prevails. There are glaring disparities between the elite and the masses. On the contrary, the Capitalist system is based on private property and voluntary exchange. People have disliked it on the presumption that it serves narrow and vested interests only. However, Capitalist countries have shown better results as people there enjoy comparatively more freedom and prosperity, and less injustice and inequality. It would be incorrect to say that socialism or communism was made corrupt by wicked and incompetent rulers or that capitalism has been successful in spite of the prevalence of immoral values in it. No political system can succeed unless its good and moral qualities are sustained. However idealistic any particular system may be, it can be upheld only by ensuring respect for the dignity and individuality of each person, his rights and values, and by guaranteeing his personal freedom. Compulsion and the use of force, or exertion of psychological pressure should give way to gentle urging, reasoning and convincing. This is the fundamental value in inter-personal human relationships in society.
Answer: (C) respect for the dignity of each person
Explanation
No socialist country has been able to realise the aims of socialism because:
Socialism aims at equality and social justice through government ownership and control over the means of production. Yet, no socialist country has been able to realise these aims. Even in Russia which is the pioneer of Socialism, much injustice, oppression and inequality prevails. There are glaring disparities between the elite and the masses. On the contrary, the Capitalist system is based on private property and voluntary exchange. People have disliked it on the presumption that it serves narrow and vested interests only. However, Capitalist countries have shown better results as people there enjoy comparatively more freedom and prosperity, and less injustice and inequality. It would be incorrect to say that socialism or communism was made corrupt by wicked and incompetent rulers or that capitalism has been successful in spite of the prevalence of immoral values in it. No political system can succeed unless its good and moral qualities are sustained. However idealistic any particular system may be, it can be upheld only by ensuring respect for the dignity and individuality of each person, his rights and values, and by guaranteeing his personal freedom. Compulsion and the use of force, or exertion of psychological pressure should give way to gentle urging, reasoning and convincing. This is the fundamental value in inter-personal human relationships in society.
Answer: (D) Its good and moral qualities are not sustained.
Explanation
The advocates of socialism believe that equality can be ensured through:
Socialism aims at equality and social justice through government ownership and control over the means of production. Yet, no socialist country has been able to realise these aims. Even in Russia which is the pioneer of Socialism, much injustice, oppression and inequality prevails. There are glaring disparities between the elite and the masses. On the contrary, the Capitalist system is based on private property and voluntary exchange. People have disliked it on the presumption that it serves narrow and vested interests only. However, Capitalist countries have shown better results as people there enjoy comparatively more freedom and prosperity, and less injustice and inequality. It would be incorrect to say that socialism or communism was made corrupt by wicked and incompetent rulers or that capitalism has been successful in spite of the prevalence of immoral values in it. No political system can succeed unless its good and moral qualities are sustained. However idealistic any particular system may be, it can be upheld only by ensuring respect for the dignity and individuality of each person, his rights and values, and by guaranteeing his personal freedom. Compulsion and the use of force, or exertion of psychological pressure should give way to gentle urging, reasoning and convincing. This is the fundamental value in inter-personal human relationships in society.
Answer: (B) the government ownership
Explanation
According to the passage, the key to success in any political system lies with its:
Socialism aims at equality and social justice through government ownership and control over the means of production. Yet, no socialist country has been able to realise these aims. Even in Russia which is the pioneer of Socialism, much injustice, oppression and inequality prevails. There are glaring disparities between the elite and the masses. On the contrary, the Capitalist system is based on private property and voluntary exchange. People have disliked it on the presumption that it serves narrow and vested interests only. However, Capitalist countries have shown better results as people there enjoy comparatively more freedom and prosperity, and less injustice and inequality. It would be incorrect to say that socialism or communism was made corrupt by wicked and incompetent rulers or that capitalism has been successful in spite of the prevalence of immoral values in it. No political system can succeed unless its good and moral qualities are sustained. However idealistic any particular system may be, it can be upheld only by ensuring respect for the dignity and individuality of each person, his rights and values, and by guaranteeing his personal freedom. Compulsion and the use of force, or exertion of psychological pressure should give way to gentle urging, reasoning and convincing. This is the fundamental value in inter-personal human relationships in society.
Answer: (A) good and moral qualities
Explanation
Which of the following research design entails studying two contrasting cases using more or less identical methods?
Answer: (A) Comparative design
Explanation
Which of the following technology was introduced in the development of third generation of computers?
Answer: (C) Integrated Circuits
Explanation
If 40% of a number x is added to another number y, then y becomes 125% of its previous value. Find which of the following is true regarding the values of x and y?
Answer: (C) x/y = 5/8
Explanation
The h-index is a metric for the cumulative impact and productivity of a researcher's scholarly output. If Dr Amit has published 10 research papers that have been cited as follows: 9, 7, 3, 11, 4, 8, 2, 12, 6 and 1, then what is the h-index of Dr Amit?
Answer: (B) 6
Explanation
A smart classroom is a:
Answer: (B) ICT supported classroom
Explanation
Which of the following University is NOT amongst the first three Universities opened in India in 1857?
Answer: (A) University of Delhi
Explanation
100 questions with the answer key and explanations.
Which of the following are the assumptions of Modigliani and Miller's Dividend Irrelavance Theory ?
A. Perfect Capital Market
B. No taxes
C. No transaction Cost and no time lag
D. Fixed Investment Policy
E. Investors behave irrationally
Answer: (C) A,B, C and D only
Explanation
Which of the following include the target firm's responses to acquisition efforts, that do not affect
the wealth of equity holders ?
Answer: (C) Shark repellants
Explanation
Which among the following is not a hygiene factor ?
Answer: (D) Responsibility
Explanation
Match List - I with List - II.
List - I List - II
Strategy Description
A. Protective Put E Combining two or more call options (or two or more put options)
on the same stock with differing exercise prices or times to
maturity.
B. Spread II. | Writing a call position on an asset along with buying the asset.
C. Covered call III. Buying an asset along with a put on it.
D. Long straddle IV. Buying a call as well as put ona stock at the same exercise price.
| List I / Set A | List II / Set B |
|---|---|
| Items A-D as printed in the question stem | Items I-IV as printed in the question stem |
Answer: (B) A-IIl, B-I, C-Il, D-IV
Explanation
In case of cost-push inflation :
Answer: (C) Supply curve shifts to the left
Explanation
Match List - I with List - II.
List - I List -
(Name of Study) (Name)
A. Time and motion study I Koontz and Donnell
B. Hawthorne experiments I. Elton Mayo
C. Universalist approach II. F.W. Taylor
D. Bureaucracy IV. Max Weber
| List I / Set A | List II / Set B |
|---|---|
| Items A-D as printed in the question stem | Items I-IV as printed in the question stem |
Answer: (B) A-IIL, B-Il, C-I, D-IV
Explanation
Which of the following statements is not correct ?
Answer: (B) | Systematic risk can be eliminated through diversification.
Explanation
The sampling procedure in which committees are formed by choosing people from various
departments in an organization to help making decisions on product development, budget allocations
and marketing strategies is known as :
Answer: (A) Stratified Sampling
Explanation
The number of new orders received by the company over last 25 working days are as follows
3,0, 1, 4, 4, 4, 2, 5,3, 6, 4, 5,1, 4, 2,3, 0, 2, 4,5, 4, 2,3, 3, 1. The average orders received during
these working days :
Answer: (B) 3 orders
Explanation
Arrange the following steps of implementation of corporate diversification in the logical order :
A. Allocate resources and authority to divisions
B. Establish coordination & monitor performance
C. Design appropriate organizational structure
D. Identify core competencies and market opportunities
E. Select diversification strategy
Answer: (C) D, E, C, A, B
Explanation
Which of the following perceive pluralistic approach to Industrial Relation :
A. Work place conflict is seen as a temporary aberration, resulting from poor management,
from employees who don't mix with organisation's culture.
B. Trade Unions as legitimate representatives of employees interest.
C. Stability in industrial relations as the product of concession and compromises between
management and union.
D. Organisations as coalitions of competing interest, where the management role is to mediate
amongst the different interest groups.
E. Conflict arises not just because of competing interests within the organisation but because of
division within the society between those who own resources and those who have only
labour to offer.
Answer: (C) B,C and D only
Explanation
Assertion (A): Various sub-assemblies in the 2-wheeler plant need to be configured to match the
production rate. Similarly, the final assembly stations also need to have the
required number of resources at each station to meet the targeted demand.
Reason (R): In such a scenario, to arrive at a balanced flow of components on the shop floor,
the company need to group machines together based on their functionality and
jobs will move from one functional department to other.
Answer: (C) (A) is correct but (R) is not correct
Explanation
4 5 .
Match List - I with List - II.
List - I List - II
Social Scientists Framework Theory
A. McGuire I. Balance Theory of attitude change
B. Rokeach II. Framework of cultural dimensions
C. Hofstede III. Framework of values
D. Heider IV. Matrix of attitudinal change
| List I / Set A | List II / Set B |
|---|---|
| Items A-D as printed in the question stem | Items I-IV as printed in the question stem |
Answer: (A) A-IV, B-IIL, C-I, D-I
Explanation
Arrange the following steps of Global marketing process in a correct order :
A. Implement the marketing strategy
B. Decide on market entry strategy
C. Monitor and control
D. Identify and evaluate marketing opportunities
E. Develop a marketing program
Answer: (B) D, B, E, A, C
Explanation
Arrange the logical steps under the Net Income (IN) approach of capital structure :
A. Increase in financial leverage reduces the overall cost of capital.
B. Reduced overall cost of capital increases the value of the firm.
C. Assumes cost of equity and cost of debt remain constant.
D. Concludes that value of firm can be maximized by using as much debt as possible.
Answer: (A) C, A, B, D
Explanation
Assertion (A): In the related diversification, a firm acquires a new business whose value chain
possesses competitively valuable cross-business strategic fits.
Reason (R): Related diversification strategies mainly aimed to realise financial, managerial
and/or operational synergies.
Answer: (A) Both (A) and (R) are correct and (R) is the correct explanation of (A)
Explanation
3 eS ' ¥ ri
Arrange the following steps in fixed income portfolio process in order :
A. Drafting guideline for investment policy
B. Setting up objective
C. - Selection of securities and other assets
D. Evaluation of performance with benchmark
E. Selection of portfolio strategy
Answer: (B) B, A, E, C, D
Explanation
5 j , s i
Which of the following best describes the 4 A's from the buyer's viewpoint ?
A. Adjustability
B. Awareness
C. Accessibility
D. Affordability
E. Acceptability
Answer: (B) B,C, D, Eonly
Explanation
Which of the following best describes an American call option ?
Answer: (C) It gives the holder the right to buy the underlying asset at a specified price within a specified period.
Explanation
A transaction that takes place when a large firms that has a small equity stake in a small firm
decided to acquire a 100% interest in the firm is called :
Answer: (B) Spin in
Explanation
Based on the Data Mining Process used in Business Analytics arrange the following in sequence :
A. Pre-Processing the data selecting attributes of interest and checking the outliers
B. Assess the degree to which the selected model make company understood variability / similarity
in behaviour and generate segments
C. Understanding "What are the common characteristics of the customers, that the company
has lost to its competitors"
D. Identify the spending behaviour of shoppers understanding the most relevant variables and
use of descriptive statistics.
E. Modeling technique are selected and applied on dataset.
Answer: (D) C, D, A, E, B
Explanation
Assertion (A): In monopolistic competition, firms face a downward-sloping demand curve that
is more elastic than under monopoly.
Reason (R): In monopolistic competition, close substitutes of the product are available in the
market.
Answer: (A) Both (A) and (R) are correct and (R) is the correct explanation of (A)
Explanation
In Collective Bargaining, an 'impasse' refers to :
Answer: (C) A situation that occurs when the parties are not able to move further towards settlement, usually because one party is demanding more than the other will offer.
Explanation
Put the given steps in sequence to solve the Transportation Model problem in Operations Research :
A. Test for Optimality
B. Perform Optimality Test
C. Make a Transportation Table
D. Find the basic feasible solution
E. _ Iterate towards an optimal solution
Answer: (B) C, D, B, E, A
Explanation
Foreign exchange quotation when expressed in a manner that reflects the exchange of a specified
number of foreign currencies vis-a-vis one unit of local currency is expressed as :
Answer: (C) Indirect Quotation
Explanation
Match List - I with List - II.
List - I List - II
Strategic Features
Business Unit
A. Dogs I. Used to find other developing businesses
B. Stars II. Can be converted into stars
C. Cash Cows Ill, Need heavy investment, to finance their rapid growth
D. Question Mark IV. Harvested or divested from portfolio
| List I / Set A | List II / Set B |
|---|---|
| Items A-D as printed in the question stem | Items I-IV as printed in the question stem |
Answer: (C) A-IV, B-IIl, C-I, D-II
Explanation
Match List - I with List - II.
List - I List - II
Category Strategic Description
A. Defenders I. Highly competitive and slave of their environment
B. - Prospectors If. Exploit niches in the market place
Cc. Analyser Il Cost control as primary focus
D. Reactor IV. Innovation
| List I / Set A | List II / Set B |
|---|---|
| Items A-D as printed in the question stem | Items I-IV as printed in the question stem |
Answer: (A) A-IIL, B-IV, C-IL, D-I.
Explanation
oa
Which of the following is not the type of Data Warehouse ?
Answer: (D) Data Integration Houses (DIH)
Explanation
9.120 Match List - I with List - II.
List - I List - II
Steps to generate Description
creative ideas
A. Incubation E Idea is subject to scrutiny
B. Insight II. Idea transformed to something of value
C. Evaluation Ill, Thinks about a problem
D. Elaboration IV. Idea is born
| List I / Set A | List II / Set B |
|---|---|
| Items A-D as printed in the question stem | Items I-IV as printed in the question stem |
Answer: (A) A-IIL, B-IV, C-I, D-II
Explanation
Which of the following statements are correct for computing the Cost of Equity ?
A. - If dividend is expected to be constant, then dividend price approach should be used.
B. If earnings per share is expected to be constant, then earnings price approach should be
used.
C. If earnings and dividend are expected to grow at a constant rate, then realized yield should
be used.
D. If it is difficult to forecast future, then Growth approach (Gordon's model) should be used
which looks into the past.
E. When the cost of equity or expectation of the investor is dependent on risk, then Capital
Assets Pricing Model (CAPM) should be used.
Answer: (D) A, Band E only
Explanation
HR managers usually employ a systematic process when undertaking Human Resource Planning.
Arrange the process in correct sequence :
A. The Formulation of staffing strategies to meet organisational needs.
B. Labour supply analysis (including both internal and external sources).
C. Labour demand forecasting.
D. Environmental scanning.
E. Balancing supply and demand consideration
Answer: (B) D, C, B, E, A
Explanation
Identify the correct sequence of entrepreneurial process :
A. Establish vision
B. Identify an opportunity
C. Gather resources
D. Persuade others
E. Create New venture/product/market
Answer: (A) B, A, D, C, E
Explanation
Under which of the following conditions, a brand is said to have a negative brand equity ?
Answer: (B) Consumers react less favorably to the brand than to an unbranded version
Explanation
A
Match List - I with List - II.
List - I List - II
Industry Structure Opportunities
A. Declining Industry I. Product Refinement
B. Emerging Industry II. First mover advantage
C. Mature Industry II. Harvest
D. Fragmented Industry [V. Consolidation
| List I / Set A | List II / Set B |
|---|---|
| Items A-D as printed in the question stem | Items I-IV as printed in the question stem |
Answer: (B) A-IIl, B-Il, C-I, D-IV
Explanation
Assertion (A): For exports of goods, the exporter has to apply to the nominated export inspection
agency for conducting the pre-shipment and quality control inspection for the
export consignment and obtain Export Credit Certificate conforming to the
prescribed specifications.
Reason (R): This inspection certificate would be required for customs clearance of cargo before
shipment.
Answer: (A) Both (A) and (R) are correct and (R) is the correct explanation of (A)
Explanation
Generally, a supermarket in classified by which of the following category ?
Answer: (C) Product line sold
Explanation
Fixed manufacturing overhead costs are recognised as :
Answer: (D) Product costs under absorption costing
Explanation
When the supervisor keeps a log of positive and negative examples of a subordinate's work-related.
bevaviour, it refers to which one of the following methods of performance appraisal ?
Answer: (B) Critical Incident Method
Explanation
iF two goods are perfect substitutes for each other, Cross elasticity of demand between them will
be:
Answer: (D) Infinity
Explanation
Human Capacity' under Building Trade Capacity as per efforts made by WTO to meet special
requirements of developing countries refers to help on which of the following :
Answer: (D) Trade Lawyers
Explanation
Which one of the following theory of corporate governance focuses on the principal-agent conflict,
where managers may prioritize their own interests over those of shareholders, thereby necessitating
monitoring, incentives, and control mechanism ?
Answer: (B) Agency Theory
Explanation
Which of the following strategies are commonly used by a firm to win a "Format War" ?
A. Killer Applications
B. Cooperate with Competitors
C. Tapered Integration
D. Transfer Pricing
E. Divestment Strategy
Answer: (D) Aand B only
Explanation
Entries into the cells of a contingency table should be :
Answer: (A) Frequencies
Explanation
The difference between the standard quantity of a material specified for actual production and the
actual quantity of material used at standard price is known as :
Answer: (B) Material Usage Variance
Explanation
7
Arrange the basic process of HR strategy in correct orders :
A. Identify people issues
B. Communicate HR strategy
C. Identify strategic Business issues
D. Scan External Environment
E. Develop HR strategy
Answer: (D) D, C, A, E, B
Explanation
A conscious belief that only the host-country managers can ever really understand the culture and
behaviour of the host-country market. It refers to which of the following top executives' values :
Answer: (C) Polycentric
Explanation
Assertion (A): Generally, the customers consider the sales force as the representative of the
company.
Reason (R): Often, the company's sale force works directly with the customers.
Answer: (A) Both (A) and (R) are correct and (R) is the correct explanation of (A)
Explanation
Pet z
As per Accounting Standard - 22, Deferred Tax Liability arises when :
Answer: (B) Accounting income is more than taxable income
Explanation
Generally, consumers undertake complex buying behaviour in situations characterized by which
one of the followings ?
Answer: (C) High involvement in purchase and significance perceived difference among brands
Explanation
Low nurturing and low regulating leader behaviour is called :
Answer: (C) Delegating style
Explanation
The positive model is applied to planned change through an approach is called appreciative inquiry
(Al). Which of the following is not the cyclical step of AI ?
Answer: (D) Dedication
Explanation
Which of the following techniques of enhancing strategic thinking is most similar to Devil's
Advocacy ?
Answer: (B) Dialectical inquiry
Explanation
g A a
Arrange the following steps in the correct order of Controlling Process :
A. Comparison of actual performance with the standards
B. Measurement of actual performance
C. Corrective action wherever required
D. Establishment of standards
Answer: (B) D, B, A, C
Explanation
Match List - I with List - II.
List - I List - II
Organizations Management tools and Techniques
A. World Bank I. Trade Policy Review Mechanism (TPRM)
B. WTO II. International Commodity Agreements (ICAs)
C. CFC III. Global System of Trade Preferences (GSTP)
D. UNCTAD IV. The Logistics Performance Index (LPI)
| List I / Set A | List II / Set B |
|---|---|
| Items A-D as printed in the question stem | Items I-IV as printed in the question stem |
Answer: (D) A-IV, B-I, C-II, D-III
Explanation
Assertion (A): It is possible for almost everyone to become a leader if circumstances allow him/
her to perform functions dictated by the situation.
Reason (R): The qualities, characteristics and skill required in a leader are determined to a
large extent by the demands of the situation in which he/she is to function as a
leader.
Answer: (A) Both (A) and (R) are correct and (R) is the correct explanation of (A)
Explanation
Arrange the following features of adopter groups of new products in the correct order of stages of
adoption process :
A. Skeptical
B. Deliberate
C. Venturesome
D. Tradition bound
E. Opinion leaders
Answer: (C) C, E, B, A, D
Explanation
String of activities that moves a firm's product from the raw material stage through manufacturing,
distribution and ultimately to the end user is called :
Answer: (B) Value Chain
Explanation
i oer on
Which of the following is not an example of systematic risk ?
Answer: (A) Strike by factory workers
Explanation
Match List - I with List - II.
List - I List - II
Leadership Style Maturity level of Subordinates
A. Telling I. Moderate to high
B. Selling . High
C. Participating II. Low
D. Delegating IV. Low to moderate
| List I / Set A | List II / Set B |
|---|---|
| Items A-D as printed in the question stem | Items I-IV as printed in the question stem |
Answer: (A) A-III, B-IV, C-I, D-II
Explanation
In the VRIO framework, the V stands for which one of the following questions ?
Answer: (D) Does a resource enable a firm to exploit an environmental opportunity and/or neutralize an environment threat ?
Explanation
a '
The kinked demand curve theory of oligopoly suggests that :
Answer: (B) Price cuts are matched by rivals, but price increases are not
Explanation
The tendency to draw a negative general impression about an individual based on a single
characteristic refers to which of the following ?
Answer: (C) Horns effect
Explanation
In Production & Operations Management, the abbreviation CNC (its a machine) stands for :
Answer: (B) Computer Numerically Controlled
Explanation
Match List - I with List - II.
List - I List - II
Purpose of Tool Quality Management Tool
(Quality Related)
A. Identifying Specific Improvement opportunities I. Control Charts
B. Analysing problems and their root causes Il, Pareto Diagrams
C. Highlighting Problems Ill, Pokya Yoke
D. Operational Planning for building quality IV. Fish Bone Diagram
into products/services
| List I / Set A | List II / Set B |
|---|---|
| Items A-D as printed in the question stem | Items I-IV as printed in the question stem |
Answer: (D) A-IL, BV, C-l, D-II
Explanation
Assertion (A): Most fast growth entrepreneurial ventures organise as corporations or limited
liability companies rather than as sole proprietorship or partnership.
Reason (R): Business losses of corporations can be deducted against the shareholder's other
sources of income.
ie = light of the above statements, choose the most appropriate answer from the options given
LOW =
Answer: (C) (A) is correct but (R) is not correct
Explanation
3 '
Identify the steps involved in the creative process :
A. Preparation
B. Opportunity Recognition
C. Incubation
D. Insight
E. Feasibility analysis
Answer: (B) A, Cand D only
Explanation
Which of the following is true :
Answer: (C) Cross rate is the rate of exchange of two currencies on the basis of exchange quotes of other pairs of currencies.
Explanation
5 . :
Arrange the following step of pricing process in a logical order :
A. Analyse competitiors' price
B. Estimate demand and revenue
C. Select pricing method
D. Assess pricing objectives
E. Determine Cost
Answer: (C) D, B, E, A, C
Explanation
According to which of the following theories of International Business, the pattern of FDI is
determined by combination of Core Competency, locational advantage and entry mode ?
Answer: (D) Eclectic Theory
Explanation
Assertion (A): Liberal credit policies increase the probability of defaults and the associated bad
debt losses.
Reason (R): Relaxing credit standards will generally increase sales but may reduce the quality
of receivables.
Answer: (A) Both (A) and (R) are correct and (R) is the correct explanation of (A)
Explanation
An entrepreneur whose aim is to maximise the economic returns at a level consistent with the
survival of the firm, with or without the element of growth is called :
Answer: (D) Classical entrepreneur
Explanation
nw . .
The "Vs" that define the Big Data are :
A. Volume
B. Variety
C. Velocity
D. Validity
E. Veracity
Answer: (C) <A, B, Cand E only
Explanation
Which of the following organisational structure is generally adopted by firms to realise the full
potential of cost leadership strategies ?
Answer: (B) U- form structure
Explanation
Identify the correct sequence of stages in the sales process :
A. _ Initial contact
B. Gather the sales Lead
C. Meeting objections and concerns
D. Qualifying the Lead
E. Sales presentation
Answer: (A) B, A, D, E, C
Explanation
Which of the following strategy is generally adopted by a market challenger firm ?
Answer: (B) Indirect attack
Explanation
The rate at which a company is spending its capital until it reaches profitability is called :
Answer: (A) Burn rate
Explanation
Match List - I with List - II.
List - I List - II
Concept Description
A. Marketing Concept I. Qualitative, performing and innovative products
B. Selling Concept II. Large-scale sales and promotion effort
C. Production Concept III]. Customer focus and values
D. Product Concept IV. Available and affordable products
| List I / Set A | List II / Set B |
|---|---|
| Items A-D as printed in the question stem | Items I-IV as printed in the question stem |
Answer: (D) A-IIL, B-IL, C-IV, D-I
Explanation
Five jobs are to be scheduled in two machines in a manufacturing shop. All the five jobs undergo
processing in both machines as per table.
Pine cine
A. | Job1 4 7
B. Job 2 6 3
& Job3 2 3
D. Job4 7 7
E. Job5 8 6
Identify the best sequence using Johnson's rule.
Answer: (C) C, A, D, E, B
Explanation
Match List - I with List - II.
List - I List - II
(Term) (Description)
A. Law of Diminishing Marginal Utility I. On each successive unit consumed, the utility
derived goes on falling
B. Consumer Surplus Il The rate at which consumer is ready to
compromise goods X for another goods Y,
holding the level of satisfaction constant
C. Marginal Rate of Substitution II. Difference between what a consumer is ready
to pay for a commodity and what he actually
pays for it
D. Budget Line IV. All those combinations of two goods which
consumer can buy spending his given money
income and their given prices.
| List I / Set A | List II / Set B |
|---|---|
| Items A-D as printed in the question stem | Items I-IV as printed in the question stem |
Answer: (C) A-L, B-IIL, C-ll, D-IV
Explanation
Match List - I with List - II.
List - I List - II
(Leverage) (Interpretation)
A. Operating Leverage I. - Sensitivity of EPS to EBIT changes
B. Financial Leverage [l. Sensitivity of EBIT to sales changes
C. Combined Leverage III. Sensitivity of EPS to Sales changes
D. Degree of Leverage IV. Ratio-based quantitative measure
| List I / Set A | List II / Set B |
|---|---|
| Items A-D as printed in the question stem | Items I-IV as printed in the question stem |
Answer: (A) A-II, B-I, C-III, D-IV
Explanation
Which of the following statements are correct ?
A. Gross Domestic Product at Market Price = Gross National Product at Market Price + Net Factor
Income From Abroad.
B. Gross Domestic Product at factor Cost=Gross Domestic Product at Market Price - Indirect
Taxes + Subsidies
C. Net Domestic Product at Market Price = Net National Product at Market Price- Net Factor
Income From Abroad
D. Gross Domestic Product at Market Price = Net Domestic Product at Market Price + Depreciation
E. Net National Product at Market Price = Gross Domestic Product at Market Price + Net Factor
Income From Abroad + Depreciation
Answer: (C) B,C and D only
Explanation
2 '
Match List - I with List - II.
List - I List - II
Concept Model
A. The concept advocates the view that I. Saas
"where data lives"
B. Infrastructure resources like networks, II. Daas
storage, servers are provided to clients.
C. Allows consumers to use applications and III. Iaas
software that run on distant computers in
the cloud infrastructure
D. Companies can deploy their software and IV. Pass
applications in the cloud so that their
customers can use them.
| List I / Set A | List II / Set B |
|---|---|
| Items A-D as printed in the question stem | Items I-IV as printed in the question stem |
Answer: (A) A-IL, B-IIL, C-I, D-IV
Explanation
The process by which people's emotions are caused by the emotions of others is called ?
Answer: (B) Emotion Contagion
Explanation
Identify the correct sequence of activities involved in Quality Circle Development :
A. Constitution of QC
B. Start-up phase
C. Presentation and approval of suggestions
D. Initial problem solving
E. Implementation
Answer: (A) B, A, D, C, E
Explanation
Fi a
Identify Emotion Regulation techniques from among the following :
A. Emotional Suppression
B. Cognitive reappraisal
C. Social sharing
D. Emotional Intelligence
E. Emotional Labour
Answer: (A) A, Band C only
Explanation
Which of the following are non-random sampling methods?
A. Cluster sampling
B. Systematic sampling
C. Quota sampling
D. Purposive sampling
E. Multi-stage sampling
Answer: (B) C and D only
Explanation
qorizontal FDI' means :
Answer: (A) Whena firm invests in a foreign country in similar production activity as carried out in home country exploiting its competitive advantage in the host country.
Explanation
Assertion (A): Margin of safety can be negative if actual sales are less than break even sales.
Reason (R): Negative Margin of safety means losses equal fixed costs minus contribution.
Answer: (A) Both (A) and (R) are correct and (R) is the correct explanation of (A)
Explanation
Match List - I with List - II.
List - I List - II
Term Description
A. Price Earnings to Growth Ratio (PEG) I. Net margin x Assets turnover X Financial
Leverage
B. -Altman's Z score II. A tool for predicting corporate
bankruptcy using ratio analysis
C. Return on Equity - DuPont analysis II. A ratio which is used as an indication of
fair pricing of a stock
D. Market capitalization IV. No. of shares x current market price
| List I / Set A | List II / Set B |
|---|---|
| Items A-D as printed in the question stem | Items I-IV as printed in the question stem |
Answer: (A) A-III, B-II, C-I, D-IV
Explanation
Assertion (A): Reality shock occurs when a new employee's high expectations and enthusiasm
confront the reality of a boring, unchallenging job.
Reason (R): Providing realistic job interview, challenging first job, and experienced mentors
can help preventing reality shock.
Answer: (A) Both (A) and (R) are correct and (R) is the correct explanation of (A)
Explanation
Why have annual reviews become redundant in organizations today ?
The Chairman astonished HR leaders by announcing the company's discontinuation of annual reviews, substituting them with immediate feedback, goal-oriented coaching and weekly incentives. This transformation has gained widespread acceptance: around one-third of U.S. companies, including Adobe, Deloitte, GE, Microsoft and PwC, have transitioned from inflexible annual evaluations to regular, informal assessments. Conventional performance evaluations evolved into expensive, bureaucratic processes that are unpopular among employees and managers. Critics contend that they prioritize historical conduct over prospective development, hinder collaboration and do not fulfill commercial requirements. Originating from the military's merit rating system, performance appraisals have shifted between accountability and development under factors such as inflation, compulsory ranking at GE, executive compensation reforms and the competitive pursuit of talent. Low inflation, streamlined structures, agile work methods and the need for innovation have made annual reviews redundant. Organizations now emphasize agility, collaboration, personnel development, continuous dialogue and immediate objectives. Continuous feedback mechanisms improve satisfaction, coaching and alignment with corporate objectives.
Answer: (B) Due to low inflation, agile work methodologies, streamlined structures and innovation needs
Explanation
Critics argue that conventional performance evaluations :
The Chairman astonished HR leaders by announcing the company's discontinuation of annual reviews, substituting them with immediate feedback, goal-oriented coaching and weekly incentives. This transformation has gained widespread acceptance: around one-third of U.S. companies, including Adobe, Deloitte, GE, Microsoft and PwC, have transitioned from inflexible annual evaluations to regular, informal assessments. Conventional performance evaluations evolved into expensive, bureaucratic processes that are unpopular among employees and managers. Critics contend that they prioritize historical conduct over prospective development, hinder collaboration and do not fulfill commercial requirements. Originating from the military's merit rating system, performance appraisals have shifted between accountability and development under factors such as inflation, compulsory ranking at GE, executive compensation reforms and the competitive pursuit of talent. Low inflation, streamlined structures, agile work methods and the need for innovation have made annual reviews redundant. Organizations now emphasize agility, collaboration, personnel development, continuous dialogue and immediate objectives. Continuous feedback mechanisms improve satisfaction, coaching and alignment with corporate objectives.
Answer: (C) Prioritize historical conduct over development, hinder-collaboration and fail to meet business needs
Explanation
What replaced annual reviews in the company, as announced by the Chairman ?
The Chairman astonished HR leaders by announcing the company's discontinuation of annual reviews, substituting them with immediate feedback, goal-oriented coaching and weekly incentives. This transformation has gained widespread acceptance: around one-third of U.S. companies, including Adobe, Deloitte, GE, Microsoft and PwC, have transitioned from inflexible annual evaluations to regular, informal assessments. Conventional performance evaluations evolved into expensive, bureaucratic processes that are unpopular among employees and managers. Critics contend that they prioritize historical conduct over prospective development, hinder collaboration and do not fulfill commercial requirements. Originating from the military's merit rating system, performance appraisals have shifted between accountability and development under factors such as inflation, compulsory ranking at GE, executive compensation reforms and the competitive pursuit of talent. Low inflation, streamlined structures, agile work methods and the need for innovation have made annual reviews redundant. Organizations now emphasize agility, collaboration, personnel development, continuous dialogue and immediate objectives. Continuous feedback mechanisms improve satisfaction, coaching and alignment with corporate objectives.
Answer: (C) Immediate feedback, goal-oriented coaching and weekly incentives
Explanation
Which of the following statements are correct as per paragraph ?
A. Companies like Adobe, Deloitte, GE, Microsoftand PwC have shifted to informal assessments.
B. Annual reviews are now seen as promoting collaboration and innovation.
C. Continuous feedback improves satisfaction, coaching and corporate alignment.
D. Annual evaluations originated from executive compensation reforms.
E. Current organizations emphasize agility, collaboration and personnel development through
continuous dialogue.
The Chairman astonished HR leaders by announcing the company's discontinuation of annual reviews, substituting them with immediate feedback, goal-oriented coaching and weekly incentives. This transformation has gained widespread acceptance: around one-third of U.S. companies, including Adobe, Deloitte, GE, Microsoft and PwC, have transitioned from inflexible annual evaluations to regular, informal assessments. Conventional performance evaluations evolved into expensive, bureaucratic processes that are unpopular among employees and managers. Critics contend that they prioritize historical conduct over prospective development, hinder collaboration and do not fulfill commercial requirements. Originating from the military's merit rating system, performance appraisals have shifted between accountability and development under factors such as inflation, compulsory ranking at GE, executive compensation reforms and the competitive pursuit of talent. Low inflation, streamlined structures, agile work methods and the need for innovation have made annual reviews redundant. Organizations now emphasize agility, collaboration, personnel development, continuous dialogue and immediate objectives. Continuous feedback mechanisms improve satisfaction, coaching and alignment with corporate objectives.
Answer: (B) A, Cand E only
Explanation
Match List - I with List - II.
List - I List - II
A. Origin of performance appraisals I. Compulsory ranking at GE
B. Bureaucratic evolution II. Military's merit rating system
C. Factors influencing appraisal changes II]. Expensive and unpopular processes
D. Current organizational focus IV. Agility, collaboration and continuous dialogue
The Chairman astonished HR leaders by announcing the company's discontinuation of annual reviews, substituting them with immediate feedback, goal-oriented coaching and weekly incentives. This transformation has gained widespread acceptance: around one-third of U.S. companies, including Adobe, Deloitte, GE, Microsoft and PwC, have transitioned from inflexible annual evaluations to regular, informal assessments. Conventional performance evaluations evolved into expensive, bureaucratic processes that are unpopular among employees and managers. Critics contend that they prioritize historical conduct over prospective development, hinder collaboration and do not fulfill commercial requirements. Originating from the military's merit rating system, performance appraisals have shifted between accountability and development under factors such as inflation, compulsory ranking at GE, executive compensation reforms and the competitive pursuit of talent. Low inflation, streamlined structures, agile work methods and the need for innovation have made annual reviews redundant. Organizations now emphasize agility, collaboration, personnel development, continuous dialogue and immediate objectives. Continuous feedback mechanisms improve satisfaction, coaching and alignment with corporate objectives.
Answer: (A) A-II, B-III, C-I, D-IV
Explanation
Jensen emphasizes that while popular belief portrays takeovers as destructive, empirical evidence
P: Pop Pp y 3
shows they :
Jensen examines corporate takeovers and challenges misconceptions about them. He argues that takeovers are not merely hostile disruptions but a crucial mechanism of the market for corporate control. Inefficient management teams often fail to maximize shareholder value, and takeovers discipline them by transferring control to more competent managers. Although popular belief portrays takeovers as destructive to employees and communities, empirical evidence suggests they generate significant economic gains by reallocating resources to more productive uses. Jensen distinguishes folklore arguments against takeovers from the science showing their role in improving efficiency and shareholder wealth. High leverage in buyouts can impose financial discipline by reducing wasteful spending. Takeovers are framed as a corrective force within capitalism, countering managerial inefficiency and aligning corporate behavior with shareholder interests.
Answer: (C) Produce substantial economic benefits
Explanation
According to the paragraph, takeovers are not merely hostile disruptions but serve as :
Jensen examines corporate takeovers and challenges misconceptions about them. He argues that takeovers are not merely hostile disruptions but a crucial mechanism of the market for corporate control. Inefficient management teams often fail to maximize shareholder value, and takeovers discipline them by transferring control to more competent managers. Although popular belief portrays takeovers as destructive to employees and communities, empirical evidence suggests they generate significant economic gains by reallocating resources to more productive uses. Jensen distinguishes folklore arguments against takeovers from the science showing their role in improving efficiency and shareholder wealth. High leverage in buyouts can impose financial discipline by reducing wasteful spending. Takeovers are framed as a corrective force within capitalism, countering managerial inefficiency and aligning corporate behavior with shareholder interests.
Answer: (C) A pivotal mechanism of the market for corporate control
Explanation
In the paragraph, inefficient management teams are described as those who :
Jensen examines corporate takeovers and challenges misconceptions about them. He argues that takeovers are not merely hostile disruptions but a crucial mechanism of the market for corporate control. Inefficient management teams often fail to maximize shareholder value, and takeovers discipline them by transferring control to more competent managers. Although popular belief portrays takeovers as destructive to employees and communities, empirical evidence suggests they generate significant economic gains by reallocating resources to more productive uses. Jensen distinguishes folklore arguments against takeovers from the science showing their role in improving efficiency and shareholder wealth. High leverage in buyouts can impose financial discipline by reducing wasteful spending. Takeovers are framed as a corrective force within capitalism, countering managerial inefficiency and aligning corporate behavior with shareholder interests.
Answer: (A) Fail to enhance shareholder value
Explanation
te UC "
Which of the following reflect Jensen's "Science" of takeovers ?
A. Improve shareholder wealth
B. __Reallocate resources productively
C. Impose financial discipline through debt
D. Operate as hostile disruptions
E. Function as an essential corrective force in capitalism
Jensen examines corporate takeovers and challenges misconceptions about them. He argues that takeovers are not merely hostile disruptions but a crucial mechanism of the market for corporate control. Inefficient management teams often fail to maximize shareholder value, and takeovers discipline them by transferring control to more competent managers. Although popular belief portrays takeovers as destructive to employees and communities, empirical evidence suggests they generate significant economic gains by reallocating resources to more productive uses. Jensen distinguishes folklore arguments against takeovers from the science showing their role in improving efficiency and shareholder wealth. High leverage in buyouts can impose financial discipline by reducing wasteful spending. Takeovers are framed as a corrective force within capitalism, countering managerial inefficiency and aligning corporate behavior with shareholder interests.
Answer: (B) A,B, Cand E only
Explanation
Match List - I with List - II.
List - I List - If
Term Description
A. Folklore view I Portrayed as destructive to employees and communities
B. Scientific evidence II. Generates significant economic gains by reallocating
resources
C. Inefficient management III. Fails to maximize shareholder value
D. Debt financing IV. Imposes financial discipline by reducing wasteful spending
Jensen examines corporate takeovers and challenges misconceptions about them. He argues that takeovers are not merely hostile disruptions but a crucial mechanism of the market for corporate control. Inefficient management teams often fail to maximize shareholder value, and takeovers discipline them by transferring control to more competent managers. Although popular belief portrays takeovers as destructive to employees and communities, empirical evidence suggests they generate significant economic gains by reallocating resources to more productive uses. Jensen distinguishes folklore arguments against takeovers from the science showing their role in improving efficiency and shareholder wealth. High leverage in buyouts can impose financial discipline by reducing wasteful spending. Takeovers are framed as a corrective force within capitalism, countering managerial inefficiency and aligning corporate behavior with shareholder interests.
Answer: (C) A-I, B-II, C-III, D-IV
Explanation
Paper 1 had 50 questions and Paper 2 (Management) had 100 questions, for 150 in total across 3 hours.
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