September 4, 2024
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UGC NET Paper 2: Commerce 4th March 2023 Shift 2

UGC NET Paper 2 Commerce 4th March-2023 Shift-2
UGC NET Paper 2 Commerce 4th March-2023 Shift-2
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Created on By mr.yashraj

UGC NET COMMERCE PYQs PAPER 2

UGC NET Paper 2: Commerce 4th March 2023 Shift 2

1 / 100

1)

Which of the following is the right description of the “Duty Free Import Authorization (DFIA)" Scheme?

2 / 100

2) An Indian company receiving investment from outside India for issuing shares/convertible debentures/preference shares under the FDI Scheme should report the details of the inflow to the RBI. What is the time limit for reporting these details to RBI?

3 / 100

3) Which one of the following theories of attitude change states that changes in opinions can result in to an attitude change?

4 / 100

4) According to Porter Diamond Model which of the following is NOT a factor of national competitive advantage?

5 / 100

5) X and Y are partners sharing profits and losses in the ratio of 3 ∶ 2. They admit Z as a new partner with 1/5 share in the profits. Calculate the new profit sharing ratio of the partners.

6 / 100

6) At the break-even point, contribution is equal to

7 / 100

7) Which one of the following is NOT true?

8 / 100

8)

As per the information given below, what is the correct material yield variance ?

Standard input = 100 kg

Standard yield = 90 kg

Standard cost per kg of output = Rs. 20

Actual input = 200 kg

Actual yield = 182 kg

Actual cost per kg of output = Rs. 19

9 / 100

9) When the negative income effect overwhelms the positive substitution effect so much that the demand curve is positively sloped, the commodity in consumption is described as;

10 / 100

10) In the extreme case of perfect price discrimination, the entire consumer surplus in the market goes:

11 / 100

11) A situation, in which economic actors interacting with one another, each choose their best strategy, given the strategies that all the other actors have chosen, is called

12 / 100

12) In the Cobb- Douglas production function, Q = AKaLb, where 'a' and 'b’ are output elasticities of capital and labour, respectively. If a + b > 1, the underlying return to scale will be

13 / 100

13) Which one of the following institutions is not a part of the World Bank Group?

14 / 100

14) According to the traditional approach, what is the effect of increase in degree of leverage on the valuation of a firm?

15 / 100

15) An economic enterprise requires 90,000 units of certain item annually. The cost per unit is Rs. 3. The cost per purchase order is Rs. 300 and the inventory carrying cost is Rs. 6 per unit per year. What is EOQ?

16 / 100

16) Dell Ltd. has Rs. 100 preference shares redeemable at a premium of 10% with 15 years maturity. The coupon rate is 12%; the flotation cost is 5% and the sale price is Rs. 95. Calculate the cost of preference shares and select the correct option.

17 / 100

17) Which of the following is not a characteristic of normal distribution?

18 / 100

18) For a Poisson distribution P(x)=e5(5)22!P(x)=e−5(5)22! the mean value is

19 / 100

19) Which of the following is used to assess the relationship between two ordinal variables ?

20 / 100

20) A “Spurious” relationship between two variables is expressed as :

21 / 100

21) Which one of the following motives characterizes dominant organizational climate of clubs?

22 / 100

22) Which one of the following is the description of Ego Regression Mechanism?

23 / 100

23) Which one of the following is not an advantage of organization structure by product in a manufacturing company?

24 / 100

24) Which one of the following is not an assumption under the McGregor's Theory Y?

25 / 100

25) The minimum capital requirement for a life insurance company in India is :

26 / 100

26) Universal banks that function as investment banks in India are regulated by :

27 / 100

27) When the RBI desires to restrict expansion of credit, it:

28 / 100

28) Which of the following refers to default-risk intermediation?

29 / 100

29) The knowledge and courtesy of employees and their ability to convey trust and confidence indicates which of the following?

30 / 100

30) Which of the following is not true about rural markets?

31 / 100

31)

“Manufacturers of razors and cameras often price these products low and set high mark ups on razor blades and films.”

As per the above statement, manufacturers of razors and cameras are using which one of the following ?

32 / 100

32) A vertical marketing system (VMS) combining successive stages of production and distribution under single ownership, is known as:

33 / 100

33) The act of throwing on board cargo and other things from the ship to safeguard it from total loss in times of peril is called :

34 / 100

34) The right to ‘stoppage in transit’ exercised by an unpaid seller is to

35 / 100

35) Which one among the following is the duty of the Central Assistant Public Information Officer or a State Assistant Public Information Officer?

36 / 100

36) The relationship between a bank and its customers is basically that of :

37 / 100

37) Provisions of the Vivad se Vishwas Act, 2020 does not apply in respect of tax arrears relating to which one of the following ?

38 / 100

38) Under Section 80TTB of the Income Tax Act, which amount of benefits is available to senior citizens on account of interest income from deposits with banks or post-office or cooperative banks?

39 / 100

39) Provisional Input Tax Credit can be utilised against

40 / 100

40) Penalty for late filing of the Income Tax Return for individuals under the Income Tax Act, 1961 is up to a maximum of amount of :

41 / 100

41)

Revenue expenditure of the Central government includes

A. Debt relief to farmers

B. Subsidy for fertilizers

C. Grants to states

D. Central plan allocations for rural development

E. Central plan allocation for irrigation and flood control

Choose the correct answer from the options given below:

42 / 100

42)

Exchange depreciation rate of one currency in relation to another currency is, approximately, equal to their

A. Inflation rate differential

B. Interest rate differential

C. Growth rate differential

D. Fiscal deficit differential

E. Forex reserve differential

Choose the correct answer from the options given below:

43 / 100

43)

Which of the following activities are included under investing activities in the Cash Flow Statement?

A. Cash receipts from disposal of fixed assets (including intangible)

B. Cash advances and loans made to third parties (other than advances and loans made by a financial enterprise)

C. Cash receipts from repayment of advances and loans made to third parties (other than advances and loans of a financial enterprise)

D. Cash repayments of the amount borrowed

E. Cash payments to suppliers for goods and services

Choose the correct answer from the options given below:

44 / 100

44)

Identify cost drivers used in Activity Based Costing from the following:

A. Volume

B. Transaction

C. Intensity

D. Currency

E. Duration

Choose the correct answer from the options given below:

45 / 100

45)

Increasing returns to scale arise because as the scale of operation increases it causes

A. more division of labour and specialisation

B. productive utilisation of machinery

C. lower procurement and logistic costs

D. more difficulties in managing firm effectively

E. more economies in advertising

Choose the correct answer from the options given below:

46 / 100

46)

Consumer rationality implies which of the following assumptions?

A. Non-satiety of needs

B. Transitivity of preferences

C. Cardinal measurement

D. Selfish economic motive

E. Ordinal measurement

Choose the correct answer from the options given below:

47 / 100

47)

Which of the following relationships raise presumptions of undue influence?

A. Parent and child

B. Doctor and patient

C. Husband and wife

D. Fiance and fiancee

E. Creditor and debtor

Choose the correct answer from the options given below:

48 / 100

48)

The Internal Rate of Return (IRR) method offer which of the following advantages?

A. It recognizes the time value of money

B. It is consistent with the shareholders’ profit-maximization objective also

C. It considers all cash flows occurring over the entire life of the project

D. It generally gives the same acceptance rule as the NPV method

E. It considers all positive NPV over the entire life of the project

Choose the correct answer from the options given below:

49 / 100

49)

Which of the following are the off-balance sheet source(s) of finance?

A. Securitisation

B. Factoring

C. Forfaiting

D. Operational lease

E. Credit rating

Choose the correct answer from the options given below:

50 / 100

50)

Which of the following factors influence portfolio beta?

A. Portfolio size

B. Investment longevity

C. Trading volume

D. Return interval (weekly vs. monthly)

E. Portfolio leverage

Choose the correct answer from the options given below:

51 / 100

51)

A contract of life insurance is a/an

A. Indemnity

B. Wagering agreement

C. Contingent agreement

D. Assurance

E. Guarantee

Choose the correct answer from the options given below:

52 / 100

52)

Which of the following statements are rightly expressed in relation to statistical testing?

A. When the expected frequencies are too small, the value of Χ2 will be overestimated and will result in too many rejections of the null-hypothesis

B. Mann-Whitney test assumes that population is normal

C. Kruskal-Wallis test is similar to one-way analysis of variance

D. The homogeneity of variance means that the test is concerned with the hypothesis that the identical means came from the same population

E. Student's t-Distribution is by definition normal

Choose the correct answer from the options given below:

53 / 100

53)

Which of the following are distinctive characteristics of the Performing stage of the Group Building Process?

A. The Group gains its identity

B. Leadership is shared

C. Disengagement from relationships

D. Group morale is high

E. Group loyalty is intense

Choose the correct answer from the options given below:

54 / 100

54)

Which of the following are characteristic quadrants of the BCG matrix ?

A. Cash cows

B. Question mark

C. White Elephant

D. Crown Jewel

E. Dogs

Choose the correct answer from the options given below:

55 / 100

55)

The following tools are used for forecasting the supply of inside candidates for human resource planning

A. Scatter Plot

B. Personnel replacement charts

C. Managerial judgement

D. Markov Analysis

E. Trend Analysis

Choose the correct answer from the options given below:

56 / 100

56)

Which of the following statements are correct?

A. NEFT allows the customer to transfer funds with a maximum limit of Rs. 3,00,000 per day

B. IMPS allows to transfer funds in an Insta Payment Mode

C. The minimum limit to transfer funds via RTGS is Rs. 2,50,000

D. Instant Real Time Payment System developed by National Payment Corporation of India is UPI

E. For clearing of cheques under Positive Pay System (PPS), the minimum limit is Rs. 50,000

Choose the correct answer from the options given below:

57 / 100

57)

Which of the following statements are correctly expressed in relation to capital and credit flows?

A. Theoretically, regulators of financial markets believe that increasing capital requirements on banks could reduce the likelihood of their failure

B. Open financial markets are solely influenced by the currency rate movements

C. Financial inflow reflects the net flow of capital into one country in the form of increased purchases of domestic assets by foreigners

D. Tier Il Capital for banks include Perpetual Debt Instruments

E. Only private banks in India have implemented Basel Ill guidelines

Choose the correct answer from the options given below:

58 / 100

58)

Holistic marketing recognizes that a broad integrated perspective is necessary. Which of the following are the components of Holistic marketing?

A. Direct marketing

B. Relationship marketing

C. Internal marketing

D. Socially responsible marketing

E. Green marketing

Choose the correct answer from the options given below:

59 / 100

59)

Which of the following statements are true for Direct Marketing?

A. Direct marketing is an interactive mode of marketing

B. Direct marketing model is based on Network marketing and multi-cultural marketing

C. Globalisation of markets and the internet have facilitated the growth of direct marketing

D. Future of direct marketing in India is independent of use of debit and credit cards

E. Direct marketing activities are not location specific

Choose the correct answer from the options given below:

60 / 100

60)

An ideal advertisement (ad) campaign would ensure that

A. The ad motivates consumers to consider purchases of the brand

B. The ad gives maximum possible product knowledge to the customer

C. The ad causes the consumer to pay attention but does not distract from the intended message

D. The ad properly reflects the consumer's level of understanding and behaviours with the product and the brand

E. The right consumer is exposed to the right message at the right place and at the right time

Choose the correct answer from the options given below:

61 / 100

61)

The Information Technology Act, 2000 in India provides legal recognition to which of the following?

A. Electronic books of accounts in banks

B. Electronic commerce

C. Electronic negotiable instrument

D. Electronic signature

E. Electronic sale and conveyance of immovable property

Choose the correct answer from the options given below:

62 / 100

62)

To make the resolution process faster and maximize the realisable value of assets under Insolvency and Bankruptcy Code (IBC), the Parliamentary Standing Committee has recommended strengthening India's insolvency resolution ecosystem by

A. A professional code of conduct for the committee of creditors

B. Constitution of specialized National Company Law Tribunals (NCLT) benches to hear IBC matters

C. Strengthening the role of resolution professionals

D. Digitising IBC platforms

E. Strengthening and promotion of Asset Reconstruction Companies

Choose the correct answer from the options given below:

63 / 100

63)

In which of the following methods, a contract is said to be discharged by mutual consent?

A. Novation

B. Recission

C. Remission

D. Alteration

E. Accord and Satisfaction

Choose the correct answer from the options given below:

64 / 100

64)

Duties of bailor include

A. Take care of goods

B. Bear extraordinary expenses

C. Return accretion to the goods

D. Indemnify the bailee

E. Disclose known faults

Choose the correct answer from the options given below:

65 / 100

65)

Expenses that are not deductible under Section 58 of the Indian Income Tax Act for computing the income chargeable under the head “Income From Other Sources":

A. Personal expenses

B. Interest payable outside India on which tax has not been paid or deducted at source

C. Wealth tax

D. Commission for realizing dividend income or interest on securities

E. Expenses which are not of capital nature like repairs, depreciation on plant and insurance premium

Choose the correct answer from the options given below:

66 / 100

66) Match List I with List II

List I

Name of Theory of International Trade

List II

Description 

(A)

Heckscher-Ohlin Theory

(I)

The ability of a nation to produce the goods more efficiently and effectively than any other country

(B)

Country Similarity Theory

(II)

Theory stating that trade occurs between nations that have similar characteristics such as economic, geography and cultural characteristics

(C)

Theory of Mercantilism

(III)

The theory that a nation will export the goods whose production requires intensive use of the nation’s relatively abundant and cheap factors and import goods when production requires intensive use of its scarce and expensive factors

(D)

Absolute Advantage Theory

(IV)

Theory that aims at accumulating financial wealth in terms of gold by encouraging exports and discouraging imports

Choose the correct answer from the options given below:

67 / 100

67) Match List I with List II

List I

Ind AS

List II

Topic (Subjects)

(A)

Ind AS 37

(I)

Insurance contracts

(B)

Ind AS 104

(II)

Inventories

(C)

Ind AS 2

(III)

Provisions, Contingent Liabilities and Contingent Assets

(D)

Ind AS 19

(IV)

Employee Benefits

Choose the correct answer from the options given below:

68 / 100

68) Match List I with List II

List I

Cost Concepts

List II

Description

(A)

Explicit cost

(I)

Costs that do not require any outlay of money by the firm

(B)

Implicit cost

(II)

A cost that has already been committed and cannot be recovered

(C)

Total cost

(III)

Costs that require an outlay of money by the firm

(D)

Sunk cost

(IV)

Market value of all inputs that a firm uses in production

Choose the correct answer from the options given below:

69 / 100

69) Match List I with List II

List I

Type of Bonds

List II

Description

(A)

Euro bonds

(I)

Bonds denominated in US dollar and issued in the USA

(B)

Global bonds

(II)

Bonds denominated in a foreign currency and are offered for simultaneous placement in different countries.

(C)

Yankee bonds

(III)

When the bonds issued in a foreign country and are denominated in a currency other than the currency of the country where the bonds are issued

(D)

Samurai bonds

(IV)

Bonds denominated in Japanese Yen and issued in Japan

Choose the correct answer from the options given below:

70 / 100

70) Match List I with List II

List I

Sampling methods

List II

Description of situation

(A)

Multi-stage Sampling

(I)

Specified number of respondents in best position to provide the desired information

(B)

Systematic Sampling

(II)

Heterogenous sub-populations

(C)

Judgement Sampling

(III)

Widely spread population and random sampling not possible

(D)

Stratified Sampling

(IV)

Elements of population arranged in some order

Choose the correct answer from the options given below:

71 / 100

71) Match List I with List II

List I

Leadership Style

List II

Description

(A)

Impoverished management

(I)

Work accomplished is from a committee of people with interdependence through a common  stake in organizational purpose and with trust and respect

(B)

Team managers

(II)

Exertion of minimum effort is required to get work done and to sustain organizational morale

(C)

Country club management

(III)

Efficiency results from arranging work in such a way that human elements have little effect

(D)

Autocratic task managers

(IV)

Thoughtful attention to the needs of people leads to a friendly and comfortable organizational atmosphere and work environment

Choose the correct answer from the options given below:

72 / 100

72) Match List I with List II

List I

Interest rates 

List II

Description

(A)

Policy Rate

(I)

RBI lending rate to commercial banks without security

(B)

Repo Rate

(II)

RBI lending rate when commercial banks borrow money by purchasing securities issued by RBI

(C)

MCLR

(III)

Internal benchmark rate for financial institutions and banks

(D)

Bank Rate

(IV)

Rate established by RBI to influence the main monetary variables in the economy

Choose the correct answer from the options given below:

73 / 100

73) Match List I with List II

List I

Market Expansion Strategies

List II

Description

(A)

Market Penetration

(I)

New products, New markets

(B)

Market Development

(II)

Existing markets, Existing products

(C)

Product Development

(III)

Existing products, New markets

(D)

Diversification

(IV)

Existing markets, New products

Choose the correct answer from the options given below:

74 / 100

74) Match List I with List II

List I

Insurance contracts

List II

Presence (time) of insurable interest 

(A)

Marine insurance

(I)

Both at the time of contract as well at the loss of subject matter

(B)

Life insurance

(II)

Throughout the contract of insurance

(C)

Fire insurance

(III)

At the time of loss of the subject matter

(D)

General insurance

(IV)

At the time of insurance contract effected

Choose the correct answer from the options given below:

75 / 100

75) Match List I with List II

List I

Tax deductions 

List II

Relevant Sections 

(A)

Deduction in respect of rent paid

(I)

80 GGC

(B)

Deduction in respect of contribution given by company to political parties

(II)

80 GG

(C)

Deduction in respect of contribution given by any person to political parties

(III)

80 GGA

(D)

Deduction in respect of certain donations for scientific research

(IV)

80 GGB

Choose the correct answer from the options given below:

76 / 100

76)

In relation to the export from India, arrange the following steps of port procedure and customs cleareance sequentially:

A. C&F agent present mate's recipt to shipping company

B. Shipping company issues bill of lading. C&F agent dispatches bill of lading and other documents to the importer

C. C&F agent receives documents from the exporter, takes delivery of cargo and stores cargo in warehouse till shipment

D. Master of vessel issues mate's receipt to shed superintendent of port

E. Cargo brought to the port shed for loading

Choose the correct answer from the options given below

77 / 100

77)

The following are contextual auditing with wider intensities

A. Special Audit

B. Internal Audit

C. Internal Check

D. Annual Audit

E. Interim Audit

Choose the correct sequence from the options given below in increasing order of underlying intensity.

78 / 100

78)

Sequence the following steps in the process of estimating demand equation using regression analysis.

A. Obtaining data on each variable or its proxy

B. Estimating slope coefficients

C. Model specifications

D. Deciding on the functional form of the demand equation

E. Evaluation of regression results

Choose the correct answer from the options given below

79 / 100

79)

Arrange the following in the logical sequence of the international arbitrage operation.

A. Identify an opportunity

B. Purchase the asset

C. Review the transaction cost

D. Pocket the profit

E. Sell the asset

Choose the correct answer from the options given below

80 / 100

80)

Arrange the following steps in sequence for testing a statistical hypothesis

A. Test statistics

B. Framing the hypothesis

C. Collecting the sample data

D. Level of significance

E. Obtaining results and taking decisions

Choose the correct answer from the options given below

81 / 100

81)

Arrange the following steps of employee training in the proper sequence:

A. Familiarize the employee with equipment, materials, tools, and trade terms

B. Create interest and find out what the employee already knows about the job

C. Explain why the employee is being trained

D. Place the trainee/employee as close to the normal working position as possible

E. Explain the whole job and relate it to some other job which the employee already knows

Choose the correct answer from the options given below

82 / 100

82)

Risk management process follows the following steps in which logical sequence?

A. Selection of appropriate risk model for analysis

B. Identification of risk variable

C. Determination of frequency and severity of risk

D. Feedback on the risk management process

E. Application of a suitable risk instrument

Choose the correct answer from the options given below

83 / 100

83)

Arrange the following purchases made by a customer as per Maslow's hierarchy of needs theory starting with the lower order needs.

A. Purchase of House

B. Purchase of an expensive car

C. Taking a club membership

D. Enrolling in a learn-by-yourself course

E. Purchase of bathing soap

Choose the correct answer from the options given below

84 / 100

84)

Arrange the following decision outcomes under the Indian Consumer Protection Act, 1986 in a rising sequence of severity of offences.

A. Removal of defects

B. Impose cost on parties

C. Return of price paid

D. Discontinuation of unfair practices

E. Compensation to consumer

Choose the correct answer from the options given below

85 / 100

85)

Steps involved in computation of tax on agricultural income in India are followed in which sequence?

A. Add basic exemption limit to Net agriculture income and calculate tax

B. Deduct rebate u/s 87A from the total income

C. Add Health Cess

D. Add Agricultural and Non-agriculture income and calculate tax on total income

E. Calculate difference of tax in both computations

Choose the correct answer from the options given below

86 / 100

86)

Given below are two statements

Statement I: Thousands of small firms in developing countries have closed their shutters because of the competition from large MNCs.

Statement II: MNCs have played a significant role in the development of poor countries by transfer of technology, introducing best management practices and help in improving productivity.

In light of the above statements, choose the correct answer from the options given below

87 / 100

87)

Given below are two statements, one is labelled as Assertion A and the other is labelled as Reason R

Assertion A: Economic profit is smaller than accounting profit.

Reason R: Accounting profit = Revenue - Explicit costs Economic Profit = Revenue - Explicit costs - Implicit costs

In light of the above statements, choose the correct answer from the options given below

88 / 100

88)

Given below are two statements

Statement I: The stage in the manufacturing process where joint products are separately identifiable is called split-off point.

Statement II: The production costs incurred after the split-off point are called separable costs.

In light of the above statements, choose the correct answer from the options given below

89 / 100

89)

Given below are two statements

Statement I: Long term capital loss can only be set off against the long term capital gains.

Statement II: Long-term capital gains exceeding Rs one lakh are subject to tax at the rate of 10% with indexation and at 20% without indexation.

In light of the above statements, choose the most appropriate answer from the options given below

90 / 100

90)

Given below are two statements, one is labelled as Assertion A and the other is labelled as Reason R

Assertion A: One of the most difficult product to sell is ‘life insurance’ such that one who sells life insurance can sell anything under the Sun.

Reason R: What is sought to be marketed in life insurance is an assurance whereby payment of money is assured upon death or the happening of any contingency depended upon human life.

In light of the above statements, choose the correct answer from the options given below

91 / 100

91)

Comprehension:(Que No. 91 - 95)

Read the passage below carefully and answer the five questions that follow

The invention of the office - from the Latin opus (work) + facere (do) = officium (performance of work) -was necessitated by the inability of work to be done remotely. Until very recently, the prevalent technology was simply not available or very limited to allow work away from office. If you had to conduct stocktaking, copy documents or engage in a brainstorming session, one had to be physically close to the tools of work and co-workers. Even as the technology was becoming increasingly available, it was the forced disruption of pandemic that finally showed that office, like the stock exchange trading floor, as a shared physical-only space was no longer essential to carry out work. Today, as Covid restrictions thankfully recede, the push that had become the shove of working from home (WFH) is becoming a nudge for working from anywhere (WFA).

Neither can all work be conducted WFA nor to all workers prefer remote working. Several reasons for the primacy of the "face-to-face" work model are trotted out - 'water-cooler' engagements; ideas flying 'better' at corporeally attended meeting; company values welded only under 'one roof, one team' norms. But studies, including pre-pandemic ones conducted by the likes of Harvard Business School's Prithwiraj Choudhury, have shown that WFA is a 'win-win for 'Workers, Companies and for Society'. WFA slashes time and energy expanded in commutes; allows workers the choice of their work surroundings that may actually improve their quantitative and qualitative output; provides less crowded space for those who choose offices as their comfort work zone. Most importantly, for companies, it allows HFA - hiring from anywhere, thereby breaking the talent pool distance barrier.

The new hybrid work culture is still a work-in progress. Floor managers will have to be trained to manage a different kind of floor. Company values will need to flourish in a digital-deeper environment. The idea of work-life balance itself has to be rejigged. But the bottomline is work optimisation. For which WFA, without the stress of a pandemic around, makes damn good pitch.

Question:

Given below are two statements, one is labelled as Assertion A and the other is labelled as Reason R

Assertion A: Work from Anywhere is only possible in case of employees working independently.

Reason R: Brainstorming sessions are possible in the case of Work from Anywhere.

In light of the above statements, choose the most appropriate answer from the options given below

92 / 100

92)

Comprehension:(Que No. 91 - 95)

Read the passage below carefully and answer the five questions that follow

The invention of the office - from the Latin opus (work) + facere (do) = officium (performance of work) -was necessitated by the inability of work to be done remotely. Until very recently, the prevalent technology was simply not available or very limited to allow work away from office. If you had to conduct stocktaking, copy documents or engage in a brainstorming session, one had to be physically close to the tools of work and co-workers. Even as the technology was becoming increasingly available, it was the forced disruption of pandemic that finally showed that office, like the stock exchange trading floor, as a shared physical-only space was no longer essential to carry out work. Today, as Covid restrictions thankfully recede, the push that had become the shove of working from home (WFH) is becoming a nudge for working from anywhere (WFA).

Neither can all work be conducted WFA nor to all workers prefer remote working. Several reasons for the primacy of the "face-to-face" work model are trotted out - 'water-cooler' engagements; ideas flying 'better' at corporeally attended meeting; company values welded only under 'one roof, one team' norms. But studies, including pre-pandemic ones conducted by the likes of Harvard Business School's Prithwiraj Choudhury, have shown that WFA is a 'win-win for 'Workers, Companies and for Society'. WFA slashes time and energy expanded in commutes; allows workers the choice of their work surroundings that may actually improve their quantitative and qualitative output; provides less crowded space for those who choose offices as their comfort work zone. Most importantly, for companies, it allows HFA - hiring from anywhere, thereby breaking the talent pool distance barrier.

The new hybrid work culture is still a work-in progress. Floor managers will have to be trained to manage a different kind of floor. Company values will need to flourish in a digital-deeper environment. The idea of work-life balance itself has to be rejigged. But the bottomline is work optimisation. For which WFA, without the stress of a pandemic around, makes damn good pitch.

Question:

Work from Office was preferred because of

A. "Water cooler’ engagements

B. Ideas fly better at corporeally attended meetings

C. Promotes one team norm

D. Improves work-life balance

E. Inability of work to be done remotely

Choose the most appropriate answer from the options given below:

93 / 100

93)

Comprehension:(Que No. 91 - 95)

Read the passage below carefully and answer the five questions that follow

The invention of the office - from the Latin opus (work) + facere (do) = officium (performance of work) -was necessitated by the inability of work to be done remotely. Until very recently, the prevalent technology was simply not available or very limited to allow work away from office. If you had to conduct stocktaking, copy documents or engage in a brainstorming session, one had to be physically close to the tools of work and co-workers. Even as the technology was becoming increasingly available, it was the forced disruption of pandemic that finally showed that office, like the stock exchange trading floor, as a shared physical-only space was no longer essential to carry out work. Today, as Covid restrictions thankfully recede, the push that had become the shove of working from home (WFH) is becoming a nudge for working from anywhere (WFA).

Neither can all work be conducted WFA nor to all workers prefer remote working. Several reasons for the primacy of the "face-to-face" work model are trotted out - 'water-cooler' engagements; ideas flying 'better' at corporeally attended meeting; company values welded only under 'one roof, one team' norms. But studies, including pre-pandemic ones conducted by the likes of Harvard Business School's Prithwiraj Choudhury, have shown that WFA is a 'win-win for 'Workers, Companies and for Society'. WFA slashes time and energy expanded in commutes; allows workers the choice of their work surroundings that may actually improve their quantitative and qualitative output; provides less crowded space for those who choose offices as their comfort work zone. Most importantly, for companies, it allows HFA - hiring from anywhere, thereby breaking the talent pool distance barrier.

The new hybrid work culture is still a work-in progress. Floor managers will have to be trained to manage a different kind of floor. Company values will need to flourish in a digital-deeper environment. The idea of work-life balance itself has to be rejigged. But the bottomline is work optimisation. For which WFA, without the stress of a pandemic around, makes damn good pitch.

Question:

Given below are two statements

Statement I: Work from home concept was not initiated in the past because no one had conceptualised it.

Statement Il: It was not possible to Work from home in the past.

In light of the above statements, choose the most appropriate answer from the options given below

94 / 100

94)

Comprehension:(Que No. 91 - 95)

Read the passage below carefully and answer the five questions that follow

The invention of the office - from the Latin opus (work) + facere (do) = officium (performance of work) -was necessitated by the inability of work to be done remotely. Until very recently, the prevalent technology was simply not available or very limited to allow work away from office. If you had to conduct stocktaking, copy documents or engage in a brainstorming session, one had to be physically close to the tools of work and co-workers. Even as the technology was becoming increasingly available, it was the forced disruption of pandemic that finally showed that office, like the stock exchange trading floor, as a shared physical-only space was no longer essential to carry out work. Today, as Covid restrictions thankfully recede, the push that had become the shove of working from home (WFH) is becoming a nudge for working from anywhere (WFA).

Neither can all work be conducted WFA nor to all workers prefer remote working. Several reasons for the primacy of the "face-to-face" work model are trotted out - 'water-cooler' engagements; ideas flying 'better' at corporeally attended meeting; company values welded only under 'one roof, one team' norms. But studies, including pre-pandemic ones conducted by the likes of Harvard Business School's Prithwiraj Choudhury, have shown that WFA is a 'win-win for 'Workers, Companies and for Society'. WFA slashes time and energy expanded in commutes; allows workers the choice of their work surroundings that may actually improve their quantitative and qualitative output; provides less crowded space for those who choose offices as their comfort work zone. Most importantly, for companies, it allows HFA - hiring from anywhere, thereby breaking the talent pool distance barrier.

The new hybrid work culture is still a work-in progress. Floor managers will have to be trained to manage a different kind of floor. Company values will need to flourish in a digital-deeper environment. The idea of work-life balance itself has to be rejigged. But the bottomline is work optimisation. For which WFA, without the stress of a pandemic around, makes damn good pitch.

Question:

Which one of the following is NOT true for Work from Anywhere?

95 / 100

95)

Comprehension:(Que No. 91 - 95)

Read the passage below carefully and answer the five questions that follow

The invention of the office - from the Latin opus (work) + facere (do) = officium (performance of work) -was necessitated by the inability of work to be done remotely. Until very recently, the prevalent technology was simply not available or very limited to allow work away from office. If you had to conduct stocktaking, copy documents or engage in a brainstorming session, one had to be physically close to the tools of work and co-workers. Even as the technology was becoming increasingly available, it was the forced disruption of pandemic that finally showed that office, like the stock exchange trading floor, as a shared physical-only space was no longer essential to carry out work. Today, as Covid restrictions thankfully recede, the push that had become the shove of working from home (WFH) is becoming a nudge for working from anywhere (WFA).

Neither can all work be conducted WFA nor to all workers prefer remote working. Several reasons for the primacy of the "face-to-face" work model are trotted out - 'water-cooler' engagements; ideas flying 'better' at corporeally attended meeting; company values welded only under 'one roof, one team' norms. But studies, including pre-pandemic ones conducted by the likes of Harvard Business School's Prithwiraj Choudhury, have shown that WFA is a 'win-win for 'Workers, Companies and for Society'. WFA slashes time and energy expanded in commutes; allows workers the choice of their work surroundings that may actually improve their quantitative and qualitative output; provides less crowded space for those who choose offices as their comfort work zone. Most importantly, for companies, it allows HFA - hiring from anywhere, thereby breaking the talent pool distance barrier.

The new hybrid work culture is still a work-in progress. Floor managers will have to be trained to manage a different kind of floor. Company values will need to flourish in a digital-deeper environment. The idea of work-life balance itself has to be rejigged. But the bottomline is work optimisation. For which WFA, without the stress of a pandemic around, makes damn good pitch.

Question:

Given below are two statements in relation to the passage:

Statement I: With ease in the stress of the pandemic around, the relevance of Work from Anywhere will reduce

Statement II: For the new hybrid work culture to prevail, companies will have to invest more in technology

In light of the above statements, choose the most appropriate answer from the options given below

96 / 100

96)

Comprehension:(Que No. 96 - 100)

Read the passage below carefully and answer the five questions that follow

Capital flows, exchange rates and the interest rates are causes of immediate concern to the national economies. Central banks of various countries have been using a variety of methods with the excessive capital inflows. Foreign portfolio investment have a direct and indirect impact on exchange rates, valuation of traded assets and yields of various government and corporate securities.

RBI, in the post-pandemic scenario and the recent Russia-Ukraine war situation is working on multiple options to stabilize the exchange rates by protecting both the exporters and importers. One way which RBI adopts to maintain a desirable level of exchanges rates is to mop up nets foreign exchange assets from scheduled commercial banks in exchanges of domestic currency (*) assets. The liquidity flows are, in essence, inflationary. RBI has projected a comfortable GDP rate for the current fiscal and believes a reasonable level of CPI inflation as 5.3%.

The retail inflation, according to the RBI governor, recently is likely to be 4.5% in 2023 fiscal. With this perspective, the repo rate and reverse repo rate remain at 4% and 3.35%, respectively, since May 22, 2020. A balancing act between economic growth and inflation is visible. Though the RBI rates are consistent, the burden on borrowers for the short-term and long- term, is still unpredictable.

Question:

The primary purpose of the monetary policy of RBI is to maintain

97 / 100

97)

Comprehension:(Que No. 96 - 100)

Read the passage below carefully and answer the five questions that follow

Capital flows, exchange rates and the interest rates are causes of immediate concern to the national economies. Central banks of various countries have been using a variety of methods with the excessive capital inflows. Foreign portfolio investment have a direct and indirect impact on exchange rates, valuation of traded assets and yields of various government and corporate securities.

RBI, in the post-pandemic scenario and the recent Russia-Ukraine war situation is working on multiple options to stabilize the exchange rates by protecting both the exporters and importers. One way which RBI adopts to maintain a desirable level of exchanges rates is to mop up nets foreign exchange assets from scheduled commercial banks in exchanges of domestic currency (*) assets. The liquidity flows are, in essence, inflationary. RBI has projected a comfortable GDP rate for the current fiscal and believes a reasonable level of CPI inflation as 5.3%.

The retail inflation, according to the RBI governor, recently is likely to be 4.5% in 2023 fiscal. With this perspective, the repo rate and reverse repo rate remain at 4% and 3.35%, respectively, since May 22, 2020. A balancing act between economic growth and inflation is visible. Though the RBI rates are consistent, the burden on borrowers for the short-term and long- term, is still unpredictable.

Question:

The stance of a monetary policy wherein the interest rates may move either way, upwards or downwards, is called

98 / 100

98)

Comprehension:(Que No. 96 - 100)

Read the passage below carefully and answer the five questions that follow

Capital flows, exchange rates and the interest rates are causes of immediate concern to the national economies. Central banks of various countries have been using a variety of methods with the excessive capital inflows. Foreign portfolio investment have a direct and indirect impact on exchange rates, valuation of traded assets and yields of various government and corporate securities.

RBI, in the post-pandemic scenario and the recent Russia-Ukraine war situation is working on multiple options to stabilize the exchange rates by protecting both the exporters and importers. One way which RBI adopts to maintain a desirable level of exchanges rates is to mop up nets foreign exchange assets from scheduled commercial banks in exchanges of domestic currency (*) assets. The liquidity flows are, in essence, inflationary. RBI has projected a comfortable GDP rate for the current fiscal and believes a reasonable level of CPI inflation as 5.3%.

The retail inflation, according to the RBI governor, recently is likely to be 4.5% in 2023 fiscal. With this perspective, the repo rate and reverse repo rate remain at 4% and 3.35%, respectively, since May 22, 2020. A balancing act between economic growth and inflation is visible. Though the RBI rates are consistent, the burden on borrowers for the short-term and long- term, is still unpredictable.

Question:

An increase in investment is most likely to be caused by

99 / 100

99)

Comprehension:(Que No. 96 - 100)

Read the passage below carefully and answer the five questions that follow

Capital flows, exchange rates and the interest rates are causes of immediate concern to the national economies. Central banks of various countries have been using a variety of methods with the excessive capital inflows. Foreign portfolio investment have a direct and indirect impact on exchange rates, valuation of traded assets and yields of various government and corporate securities.

RBI, in the post-pandemic scenario and the recent Russia-Ukraine war situation is working on multiple options to stabilize the exchange rates by protecting both the exporters and importers. One way which RBI adopts to maintain a desirable level of exchanges rates is to mop up nets foreign exchange assets from scheduled commercial banks in exchanges of domestic currency (*) assets. The liquidity flows are, in essence, inflationary. RBI has projected a comfortable GDP rate for the current fiscal and believes a reasonable level of CPI inflation as 5.3%.

The retail inflation, according to the RBI governor, recently is likely to be 4.5% in 2023 fiscal. With this perspective, the repo rate and reverse repo rate remain at 4% and 3.35%, respectively, since May 22, 2020. A balancing act between economic growth and inflation is visible. Though the RBI rates are consistent, the burden on borrowers for the short-term and long- term, is still unpredictable.

Question:

Quantitative easing by the Central bank implies

100 / 100

100)

Comprehension:(Que No. 96 - 100)

Read the passage below carefully and answer the five questions that follow

Capital flows, exchange rates and the interest rates are causes of immediate concern to the national economies. Central banks of various countries have been using a variety of methods with the excessive capital inflows. Foreign portfolio investment have a direct and indirect impact on exchange rates, valuation of traded assets and yields of various government and corporate securities.

RBI, in the post-pandemic scenario and the recent Russia-Ukraine war situation is working on multiple options to stabilize the exchange rates by protecting both the exporters and importers. One way which RBI adopts to maintain a desirable level of exchanges rates is to mop up nets foreign exchange assets from scheduled commercial banks in exchanges of domestic currency (*) assets. The liquidity flows are, in essence, inflationary. RBI has projected a comfortable GDP rate for the current fiscal and believes a reasonable level of CPI inflation as 5.3%.

The retail inflation, according to the RBI governor, recently is likely to be 4.5% in 2023 fiscal. With this perspective, the repo rate and reverse repo rate remain at 4% and 3.35%, respectively, since May 22, 2020. A balancing act between economic growth and inflation is visible. Though the RBI rates are consistent, the burden on borrowers for the short-term and long- term, is still unpredictable.

Question:

Changes in foreign portfolio investments is directly related to

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