Test Preparation on UGC NET Management Practice Set-7
1.
Assertion (a): The floating policy protects thepolicyholder against errors and omissions.Reason (R): Goods are insured even if thepolicyholder fails to report that goods havealready been forwarded from the place ofshipment.
2.
Assertion (a): The liability of shareholders in aprivate limited company is limited to the amountunpaid on shares Reason (R): The number of shareholders of aprivate limited company is limited to fifty.
3.
Assertion (a): High capital gearing leads togreater speculationReason (R): Proportion of equity share capitalin relation to the total capital comprising theother securities is small leading to capitalisationbeing highly geared.
4.
Assertion (a): Special rules and procedures arefollowed in the import and export trade.Reason (R): The need for import and exporttrade is explained by the principles of?Comparative Cost Theory?.
5.
Henry Fayol is widely known for
6.
One head and one plan for a group of activitieshaving the same objectives is as per the Principleof
7.
The source of the rules relating to internalmanagement of a company is known from
8.
The Princple of Order means
9.
French phrase Esprit de corps implies
10.
Who wrote Arthashastra?
11.
The quality of information is measured by its
12.
Linear programming models solve problemsdealing with
13.
The manager of inventory would most likely befound in the
14.
Co-ordination is done
15.
To co-ordinate is to harmonise all the activitiesof a concern in order to facilitate its workingand its success. This is said by
16.
Data collection terminals gather data for use bythe
17.
Co-ordination and co-operation are
18.
The organisation in which no position but manis important, is
19.
Organisation is
20.
The regression lines cut each other at the pointof