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3rd August 2014, 09:12 AM
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Join Date: Apr 2013
Re: UGC NET Commerce Exam previous paper

Here I am giving you question paper for University grant commission NET commerce examination in a PDF file attachec with it

1. If the amount claimed by a consumer as compensation is Rs. 89 lacs, the case under
The Consumer Protection Act shall be filed with
(A) District Consumer Redressal Forum
(B) State Consumer Disputes Redressal Commission
(C) National Consumer Disputes Redressal Commission
(D) Supreme Court
2. Which of the following does not fall within the jurisdiction of MRTP Commission ?
(A) Prevention of Monopolistic Trade Practices.
(B) Prevention of Restrictive Trade Practices.
(C) Prohibition of Unfair Trade Practices.
(D) Regulation of Combinations.
3. Which of the following is not a part of the economic environment of business ?
(A) Competitive Environment (B) Economic System
(C) Changes in Patent Laws (D) None of these
4. Laissez faire policy is adopted in
(A) Socialistic economic system
(B) Capitalistic economic system
(C) Mixed economic system
(D) Communist economic system
5. Relaxing the restrictions and controls imposed on business and industry means
(A) Liberalisation (B) Privatisation
(C) Globalisation (D) None of these
6. A variable such as activity that causes cost over a given time is
(A) Cost Driver (B) Cost Behaviour
(C) Cost Centre (D) None of the above
7. The concept of budget that requires all levels to work from scratch is
(A) Flexible Budget (B) Total Budget
(C) Master Budget (D) Zero Base Budget
8. Accounting Standard on the “Effect of Changes in Foreign Exchange Rates” is
(A) AS 11 (B) AS 13
(C) AS 18 (D) None of the above
9. Land is not depreciable asset because
(A) Its value always increases
(B) There is no maintenance required
(C) Life of land is unlimited
(D) None of the above
10. The sales at which a firm would earn profit after tax @ 8% of sales, if fixed cost is
Rs. 45,000 ; selling price Rs. 50 per unit, variable cost Rs. 30 per unit and tax rate
20% :
(A) Rs. 90,000 (B) Rs. 1,50,000
(C) Rs. 1,68,000 (D) None of the above
11. The elasticity of demand for luxury goods is
(A) Infinite (B) More than one
(C) Less than one (D) Equal to one
12. Profits are maximised at a point where
(A) MR = MC (B) MR < MC
(C) MR > MC (D) AC > MC





Attached Files
File Type: pdf UGC NET commerce paper.pdf (153.3 KB, 186 views)


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