PU CET PG 2017 Question Paper MBACIT

MBACIT
1. A cartel is a combination of firms
A) Which are functioning in a particular industry
B) Whose combined assets are worth more than 90% of total assets of the industry
C) Who control major chunk of the market
D) Whose combined profits are enormous

2. The term 'Organizational climate' best represents
A) Union-management relations within an organization
B) Problems introduced by faulty organizational structure
C) Socio-cultural environment in an organization
D) Human environment prevailing in an organization

3. Test checking of entries in the audit work refers to
A) The internal checks
B) The internal controls
C) Checking some sample items from a large number of similar items
D) Checking the cash flow of business

4. The distinctive characteristic of ‘perpetual succession’ of a joint stock company refers to
A) Uninterrupted business in spite of continuous losses
B) Immunity from government direction for the closure of the company
C) Immunity from resolution passed in the annual general body meeting for closure
of the company
D) Uninterrupted existence not affected by the death or insolvency of members of the
company

5. Who is a 'bull'?
A) A stock broker who deals or specializes in a few shares
B) An investor who sells securities in anticipation of being able to rebuy them later at
a lower price
C) An investor who buys securities in anticipation of being able to sell them later at a
higher price
D) An investor who expects the price of a security or of the market as a whole to fall

6. The first step of the control process actually gets initiated in the managerial function of
A) Staffing B) Planning
C) Communication D) Co-ordination

7. Among the following 'change management' methods, which one is the most, appropriate
when the employees are unwilling to accept change?
A) Participative method B) Directive method
C) Leading by example D) Negative reinforcement

8. A systematic and orderly process of determining the worth of a job in relation to other
jobs is known as
A) Job analysis B) Job evaluation
C) Job specification D) Job description

9. Job evaluation is used for
A) Study of progress of production B) Study of job composition
C) Determining wage rate differentials D) Rating the merit of an employee

10. Which one of the following reports deals with 'Corporate governance'?
A) Sabhanayagam Report B) L.C. Gupta Report
C) Narasimhan Report D) Kumaramangalam Birla Report

11. The managerial function of organizing involves
A) Reviewing and adjusting plan in the light of changing conditions
B) Establishing program me for the accomplishment of objectives
C) Creating a structure of functions and duties to be performed by a group
D) Getting things done

12. When there are large numbers of smaller projects and the activities of those projects are
to be accomplished by setting up some temporary departments, the appropriate
organisation structure should be
A) Project organization B) Functional organization
C) Matrix organization D) Divisional organisation

13. Which one of the following accounting equations is correct?
A) Assets = Owner's Equity
B) Assets = Liabilities + Owner's Equity
C) Assets = Liabilities - Owner's Equity
D) Assets + Liabilities = Owner's

14. Which one of the following is not related to the convention of conservatism?
A) Making provision for doubtful debts and discount on debts in anticipation of
actual bad debtors and discount
B) Valuation of stock at Market Price or Cost Price whichever is higher
C) Charging of small capital items as Revenue
D) Adopting Written-down Value Method of depreciation as against Straight-line

15. Informal organization is as necessary as formal organization chiefly for the reason that it
A) Resists change
B) Fulfils separate goals and standards
C) Has close association with decision making
D) Builds morale

(2)

16. Who was the first administrator-statesman to attempt planning as a means for economic
development?
A) Sir CP Ramaswami Aiyyar B) M Viswesvarayya
C) VT Krishnamachari D) C Rajagopalachari
17. Which of the following is the basic characteristic of Oligopoly?
A) Few sellers, one buyer B) Few sellers, many buyers
C) Few sellers, a few buyers D) Many sellers, a few buyers
18. Who is known as the 'Father of White Revolution'?
A) VKurien B) MS Swaminathan
C) JP Narayan D) Baba Amte

19. Recently announced RERA deals with which of the following
A) Real stocks B) Telecom sector
C) Real estate D) Foreign exchange regulations

20. Which of the following organizations looks after the credit needs of agriculture and rural
development in India?
A) FCI B) IDBI C) ICAR D) NABARD

21. Which of the following taxes is a progressive tax?
A) Income Tax B) Custom Tax C) Sales Tax D) Excise Duty

22. The terms TRIPS and TRIMS are related to
A) NAFTA B) SAPTA C) EFTA D) GATT

23. Which of the following deals with economic offences?
A) MISA B) NSA C) TADA D) COFEPOSA

24. In India, inflation is measured by
A) Wholesale price index number
B) Consumer price index for urban non-manual workers
C) Consumer price index for agricultural workers
D) National income deflation

25. The law of demand states that
A) Demand increases with increase in income
B) When income and prices rise, the demand also rises
C) When price falls, demand increases
D) When price increases, and demand increases

(3)

26. Which of the following is known as plastic money?
A) Bearer cheques B) Credit cards
C) Demand drafts D) Gift cheques

27. Which is the largest commercial bank in India?
A) Reserve Bank of India B) State Bank of India
C) ICICI Bank D) Bank of India

28. Who is known as the 'Father of Economies'?
A) Adam Smith B) Chanakaya
C) Machiavelli D) Frederick Taylor

29. The economic liberalization in India was introduced in which year
A) 1991 B) 1990 C) 1985 D) 1988

30. Which Indian state has the lowest percentage of people living below the poverty line?
A) Maharashtra B) Gujarat C) Karnataka D) Punjab

31. You can convert existing Ms Excel Worksheet data and chart to on HTML document by
using the
A) FTP Wizard B) Internet Assistant Wizard
C) Internet Wizard D) Import Wizard

32. Which is the first electronic digital computer?
A) ENIAC B) MARK I C) Z3 D) ABC

33. Multiple calculations can be made in a single formula using
A) Standard Formulas B) Array Formula
C) Complex Formulas D) Smart Formula

34. Getting data from a cell located in a different sheet is called
A) Accessing B) Referencing C) Updating D) Functioning

35. The chart wizard
A) Can place a chart on a new chart sheet or on sheet in the workbook
B) Can only place a chart on a new black worksheet
C) Can only be used to created embedded chart
D) Can only place a chart on a new chart sheet

36. FORTRAN is a programming language. What does FORTRAN stand for?
A) File Translation B) Format Translation
C) Formula Translation D) Floppy Translation
(4)

37. Which unit is known as nerve center of computer?
A) ALU B) CU C) Memory D) Registers

38. Which of the following is a class of computers based on model?
A) Digital Computer B) Hybrid Computers
C) Analog Computers D) AT Computers

39. Central Processing Unit is a combination of
A) Control and storage B) Control and output unit
C) Arithmetic logic and input unit D) Arithmetic logic and control unit

40. Number crunchier is the informal name for
A) Minicomputer B) Super computer
C) Microcomputer D) Mainframe computer

41. On which aspect the analog computers are better than digital?
A) Speed B) Accuracy C) Reliability D) Automatic

42. The ALU of a computer normally contains a number of high speed storage element called
A) Semiconductor memory B) Magnetic disk
C) Hard disks D) Registers

43. A typical personal computer used-for business purposes would have______ of RAM.
A) 4 KB B) 16K C) 64 K D) 256 K

44. Access time is
A) Seek time + latency time B) Seek time
C) Virtual time D) Latency time

45. A computer program that converts an entire program into machine language is called a/an
A) Interpreter B) Simulator C) Compiler D) Commander

46. OTE, PUF, QVG, RWH,……..? Complete the series
A) SYJ B) TCI C) SXJ D) SXI

47. CHAIR: TABLE:: ......draw an analogy
A) Object: Prop B) Son : Father C) Car: Scooter D) Pen: Paper

48. Find the odd one out
A) December B) February C) March D) July

(5)

49. If in a certain language KINDLE is coded as ELDNIK, how is EXOTIC coded in that
code?
A) EOXITC B) EXOTLC C) CITOXE D) COXITE

50. Pointing to a photograph, a man said, "I have no brother or sister but that man's father is
my father's son." Whose photograph was it?
A) His own B) His nephew's C) His father's D) His son's

51. Truthfulness: court: : cleanliness :
A) Virtue B) Bath C) Restaurant D) Pig

52. Choose the opposite of rebuked
A) Awarded B) Praised C) Invited D) Received

53. Choose the opposite of erudite
A) Unfamiliar B) Illiterate C) Unknown D) Scholarly

54. Find a synonym for FASTIDIOUS
A) Dormant B) Delicious C) Fussy D) Faint

55. Find a synonym for EFFICACY
A) Solemnity B) Efficiency C) Ruthlessness D) Delicacy

56. Find an analogy; Doctor: Nurse:: ? : Follower
A) Employer B) Leader C) Worker D) Manager

57. In a chess tournament each of six players will play every other player exactly once. How
many matches will be played during the tournament?
A) 12 B) 15 C)30 D) 36

58. Reena is twice as old as Sunita. Three years ago, she was three times as old as Sunita.
How old is Reena now?

A) 6 years B) 12 years C) 14 years D) 16 years

59. A shepherd had 27 sheep. All but 10 died. How many sheep are left with him?
A) 10 B)15 C) 17 D) 27

60. A group of 1200 persons consisting of captains and soldiers is travelling in a train. For
every 15 soldiers there is one captain. The number of captains in the group is?
A) 70 B)75 C) 80 D) 85

(6)

61. Who has become the first Indian woman to drive Formula E racing car at a race track?
A) Kritika Chandhok B) Gul Panag
C) Rajini Krishnan D) Divya Malik

62. Who has become the first Indian actor to deliver a speech at the internationally acclaimed
TED Talks?
A) Amitabh Bachchan B) Shah Rukh Khan
C) Aamir Khan D) Akshay Kumar

63. Which Indian bank has won the 2017 Golden Peacock Innovative Product / Service
Award (GPIPSA)?
A) Yes Bank B) ICICI Bank
C) State Bank of India D) Reserve Bank of India (RBI)

64. Which IIT institute will start 'Vastu Shastra' classes for architecture students?
A) IIT Kharagpur B) IIT Bombay
C) IIT Madras D) IIT Indore

65. Which company won the AIMA Indian MNC of the Year award?
A) Hero motocorp B) Hero Cycles
C) Maruti D) Nissan

66. Which two nations are planning to build a moon village for deep space missions, lunar
mining and space tourism?
A) China, UK B) China, EU
C) China, US D) China, Russia

67. Which summer fruit has IIT Roorkee science team used to make solar cells?
A) Jamun B) Mango C) Banana D) Melon

68. Which book has FB COO Sheryl Sandberg released in March 2017?
A) Option B: Facing Adversity, Building Resilience and Finding Joy
B) Lean In
C) Lean out
D) Option A

69. TIME Magazine has on 7th Dec named whom as its Person of the Year?
A) Narendra Modi B) Hillary Clinton
C) Donald Trump D) Barak Obama

(7)

70. Which facility was announced for senior citizens in Budget 2017-2018?
A) Aadhaar-enabled smart cards B) BHIM app
C) Shakti Kendras D) Service kendras

71. Which of the following statements is true about the BHIM App?
A) Cashback scheme has been announced for individuals
B) Referral bonus schemes have been announced for individuals
C) Cashback scheme has been announced for merchants
D) Only B and C

72. Which national agency will be phased out in the next fiscal, as per the Budget 2017?
A) Niti Aayog
B) Foreign Investment Promotion Board
C) Securities Exchange Board of India
D) FICCI

73. Which country did India ink a pact with to upgrade railways?
A) Australia B) Denmark C) France D) New Zealand

74. India and which country has signed a long term agreement for Sukhoi Su-30 MKI
combat aircraft fleet?
A) Russia B) Siberia C) Tanzania D) Turkey

75. Which country has announced the plan to adopt Chinese yuan as legal tender?
A) Ethiopia B) Liberia C) Nigeria D) Zimbabwe

x-x-x

(8)