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11th June 2018, 07:44 AM
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| Re: UGC Net Mock Test Commerce
As you Asking for the Question Paper of the UGC NET Commerce Exam the Question Paper is given below Commerce Question 1 Public Enterprise is defined as A An organisation run by joint efforts of Centre and State Governments. B An organisation which caters to the needs relating to public utilities. C An organisation in which capital is invested by public. D An organisation owned and managed by public authorities for definite set of public purposes. Question 2 Broad Money has to be sensitized through : A CRR B SLR C Repo Rate D All of the above Question 3 Out of the following, which are four dimensions of Human Development Index ? (i) Life Expectancy (ii) Literacy Level (iii) Success Rate of Marriages (iv) Standard of Living (v) Crime Rate (vi) Corruption Level (vii) Economic Entitlement (viii) Foreign Visits A (i), (ii), (vi) and (viii) B (i), (ii), (iv) and (vii) C (ii), (iii), (vi) and (vii) D (iii), (v), (vii) and (viii) Question 4 Which of the following denote the structural changes in Indian economy ? A Primary sector contribution has gone down B Service sector contribution has gone up C Secondary sector has not changed much D All of the above Question 5 Consider the following items : (i) Debentures (ii) Prepaid rent (iii) Interest accrued (iv) Bank overdraft Which of them are current liabilities ? A (i), (ii), (iii) and (iv) B (iv) C (ii), (iii) and (iv) D (i), (ii) and (iii) Question 6 Which one is not an element of legal environment ? A Act of Parliamentarians in Lok Sabha B Indian Contract Act, 1872 C Indian Partnership Act, 1932 D Negotiable instruments Act, 1881 Question 7 (A) Assertion : Premium received on issue of shares is credited to share premium account but not to Profit and Loss account. (R) Reasoning : Since share premium is not a trading profit, it is not distributed to shareholders. A Both (A) and (R) are true but (R) is not correct explanation to (A). B (A) is false but (R) is correct. C Both (A) and (R) are true and (R) is correct explanation of (A). D (A) is correct but (R) is false. Question 8 Which of the following refers to Perfect Competition ?(i) There are restrictions on buyers and sellers (ii) There are no restrictions on movement of goods (iii) There are no restrictions on factors of productionCorrect one is A only (i) and (ii) B only (ii) and (iii) C only (i) and (iii) D only (i) Question 9 Conversion cost is the sum of A Indirect wages and factory overhead B Direct wages, direct expenses and factory overhead C Direct material cost and indirect wages D Prime cost and selling & distribution overhead Question 10 Consider the following : (i) Basic defensive and interval ratio (ii) Current ratio (iii) Superquick ratio (iv) Quick ratio Arrange these ratios in sequence to reflect the liquidity in descending order. A (ii), (iv), (iii) and (i) B (i), (ii), (iv) and (iii) C (iv), (ii), (iii) and (i) D (iii), (iv), (i) and (ii) Question 11 Assertion (A): Total utility will be maximum when marginal utility to price of respective products are equal. Reason (R) : Deviation from this situation leads to reduction in maximum utility. A (A) and (R) are not correct. B (A) is correct but (R) is not correct. C (A) and (R) are correct. D (A) is incorrect, (R) is correct. Question 12 Normally Demand curve slopes A Upward B Downward C Horizontal D Vertical Question 13 F-test is used to test the significance of the differences between/among A Two sample mean B More than two samples mean C Variance of two samples D (B) and (C) Question 14 Consider the oligopoly models  i) Sweezys kinked demand curve model (ii) Newman and Morgenstern Game Theory model (iii) Cournals duopoly model (iv) Baumals sales maximisation model Arrange them in correct sequence as per order of evolution.A (iv), (iii), (ii), (i) B (ii), (i), (iii), (iv) C (iii), (i), (ii), (iv) D (i), (iii), (ii), (iv) Question 15 Classification of respondents only on the basis of gender is an application of A Ordinal scale B Nominal scale C Interval scale D Ratio scale |
