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Commerce Quiz 38 || UGC NET Paper 2 || Weekly Revision

Attempt now to get your rank among 1979 students!

Question 1

Match List-I with List-II:

Choose the correct option from those given below:

Question 2

In tax laws, donations to approved and notified association for scientific research is allowed as

Question 3

The maximum amount of exemption of compensation received at the time of voluntary retirement U/S 10(10C) of the Income Tax Act, 1961, is:

Question 4

A 'sale and leaseback' arrangement is more suitable for a lessee having

Question 5

Which among the following is NOT included in a negotiable instrument?

Question 6

Statement (I): Agreement without consideration is always valid.

Statement (II): All contracts are agreements, but all agreements are not contracts.

In the context of the above two statements, which one of the following codes is correct?

Question 7

Building long-term mutually satisfying relations with key customers, suppliers, distributors in order to earn and retain their long-term preference and business is known as

Question 8

Which of the following is NOT a main stage in a customer relationship life cycle?

Question 9

Statement (I): A form of non-store retailing that uses advertising to contact consumers who, in turn, purchase products without visiting a retail store is called Direct selling.

Statement (II): A form of non-store retailing in which personal contact between a salesperson and a consumer occurs away from a retail store is called Direct Marketing.

In the light of above statements, identify the correct code of statements being correct or incorrect.

Question 10

Which of the following is/are NOT sources of secondary data?

(a) Interview

(b) Questionnaire

(c) Observation

(d) Unpublished thesis

(e) Annual report

Choose the correct option from the following:

Question 11

Assertion (A): Brainstorming technique demands the generation of a number of alternatives to a problem.

Reason (R): Participants generate as many alternatives as possible without evaluating them in brainstorming sessions.

In the context of the above two statements, which one of the following codes is correct?

Question 12

Statement (I): t-test and f-test are based on identical assumptions.

Statement (II): t-test is used for comparison between two groups, whereas f-test is used for comparison between more than two groups.

In the context of the above two statements, which one of the following codes is correct?

Question 13

Excess capacity is NOT noticed in which of the following market conditions?

Question 14

Shopping goods have which of the following features?

(a) These products are generally durable in nature

(b) Consumers generally compare the goods of various sellers and then buy such goods

(c) Per unit price of these goods is generally high

(d) These goods are regularly and continuously in demand

(e) These goods are sold as a result of aggressive promotional efforts.

Choose the right answer from the options given below:

Question 15

Select the correct code of the following statements being correct or incorrect.

Statement (I): The ‘law of one price’ states that in competitive markets free of transportation costs and barriers to trade, identical products sold in different countries must sell for the same price when their price is expressed in terms of the same currency.

Statement (II): An ‘Efficient market’ has no impediments to the free flow of goods and services, such as trade barriers.

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Sep 28UGC NET & SET

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Tanuj BansalTanuj BansalMember since Aug 2019
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