Wednesday, October 18, 2017

UGC NET Exam Commerce Online Mock Test Series-8

This Quiz is posted with the sole aim of guiding the aspirants of UGC-NET /CSIR -NET Exam to the path of success. To sharpen the edges of your own intelligence and practice, in a structured and concrete manner to ensure you definite Success in your endeavor and will Pave your way for a successful career in Teaching (or) Research Profession . All the very best...... Knock the door of success......
  1.  Which one of the statements is not true?
    1.  IIPO organizes trade fairs and exhibitions
    2.  Institutional infrastructure facilitates market intelligence
    3.  Letter of credit does not indicate that the bank will pay the value of imports to the exporter.
    4.  STC is the chief canalizing agent for export and import of agricultural products.

  2. Which one is a not Non-Marketable security?
    1.  Post Office Certificates and Deposits
    2.  Deposits with Companies
    3.  Bank Deposits
    4.  Corporate Securities

  3. The Comparative Cost Advantage Theory was given by
    1.  David Ricardo
    2.  Michael E. Porter
    3.  Raymond Vernon
    4.  Adam Smith

  4. Assertion (A): Indent may be open or closed. Open indent does not specify the price and other details of the goods. The closed indent specifies the brand, price, number, packing, shipping mode, insurance, etc.
    Reason (R): This is required as a part of export procedures.
    1.  Both (A) and (R) are not correct.
    2.  (R) is true, but (A) is false.
    3.  Both (A) and (R) are correct.
    4.  (A) is true, but (R) is false.

  5. The companies globalise their operations through different means:
    1.  Joint ventures
    2.  Exporting directly
    3.  Licensing/Franchising
    4.  All the above

  6. SDRs are popularly known as
    1.  Silver Coin
    2.  Paper Gold
    3.  Currency Notes
    4.  Gold Coin

  7. Which one of the following is not an element of internal environment?
    1.  Customers
    2.  Shareholders’ values
    3.  Human Resources
    4.  Mission/Objectives

  8. The components of W.T.O. are
    1.  Ministerial Conference
    2.  Disputes Settlement Body
    3.  Director General
    4.  All the above

  9. Match the items of List – I with the items of List – II.
    List – I                                                List – II
    a. FEMA                                             1. 1986
    b. Indian Factories Act                        2. 1999
    c. Industrial Dispute Act                      3. 1948
    d. Consumer Protection Act                 4. 1947
           a b c d
    1.  3 1 2 4
    2.  1 4 3 2
    3.  2 3 4 1
    4.  4 2 3 1

  10. If the current ratio is 2: 1 and working capital is Rs. 60,000, what is the value of the Current Assets?
    1.  Rs. 60,000
    2.  Rs. 1,80,000
    3.  Rs. 1,00,000
    4.  Rs. 1,20,000