RP-QP – 03 -4- *RPQP03*

PART – A
Directions : Fill in the blank with suitable option from those provided below to make the
given sentence grammatically correct.
1. Neither the salesmen nor the marketing manager ———— of the system.
A) is favouring B) is in favour C) are in favour D) are for favour
Directions :The given sentence contains an error in the part in bold letters. Replace the
marked phrase with the option that best renders the meaning.
2. The new biography contains some startling insights about the man who was primarily
an author.
A) into the man B) of the man
C) into the character D) into the character of the man
Directions : Out of the four alternatives, choose the one that can be substituted for the
given words/sentence in the following question:
3. A person with refined taste in food and wine.
A) puritan B) ascetic C) epicure D) novice
Directions : Select, from the alternatives given under the keyword (word in capital letters),
a suitable word that conveys more or less the same meaning as the word in capital letters.
4. EMANCIPATE
A) liberate B) anticipate C) pamper D) envisage
Directions : Select, from the alternatives given under the keyword (word in capital letters),
a suitable word that is more or less opposite in meaning to the keyword.
5. PROFANE
A) volatile B) non-volatile C) useless D) sacred
Directions : Choose the correct option from the four given below to complete the following
sentence.
6. I ___________ received any message from my friend by now.
A) isn’t B) wasn’t C) haven’t D) hadn’t
Directions : Fill in the blanks with the option that best fits the meaning of the given sentence
as a whole.
7. Unfortunately, one of the side-effects of this newly found ________ is wasteful spending,
a trend which has spread through society like a ________ disease.
A) resources, mental B) security, physical
C) philosophy, physiological D) prosperity, communicable
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Directions : From the given parts P,Q,R,S which correct option, forms a meaningful sentence?
8. P) a healthy ecosystem
Q) and is less likely
R) has lots of diversity
S) to be seriously damaged
A) PRQS B) PSRQ C) RQPS D) SRQP
Directions : Choose the correct substitute from the options, that best expresses the meaning
of the idiom/phrase marked in bold letters in the given sentence.
9. Sunita has bitten off more than she can chew.
A) over and above B) eating too much
C) beyond her capacity D) fallen badly
Directions : For the given word, match the dictionary definition on the left (PQRS) with
their corresponding usage on the right (1234). Out of the four possibilities given below the
table, select the correct combination that has all the definitions and usages most closely
matched.
10. DANGER
Dictionary Definition Usage
P. A cause of pain, injury or loss 1. There was widespread danger of disease.
Q. The condition of being susceptible 2. He moved out of danger.
to harm
R. A dangerous place or situation 3. There was a danger that Ashish would
do wrong.
S. A venture undertaken without regard 4. He feared the dangers of travelling
to injury by air.
A) P1, Q2, R3, S4 B) P4, Q3, R2, S1 C) P2, Q4, R3, S1 D) P1, Q4, R3, S2
11. Choose the appropriate answer for the following :
Palaeography : Writings : : Ichthyology : ?
A) Fishes B) Whales C) Oysters D) Mammals
12. Which number will come in the blank space ?
1, 9, 17, 33, 49, 73, __
A) 97 B) 98 C) 99 D) 100
13. Arun said, “This girl is the wife of the grandson of my mother.” Who is Arun to the
girl ?
A) Father B) Grandfather C) Husband D) Father-in-law
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14. A father is now three times as old as his son. Five years back, he was four times as old as
his son. The age of the son is
A) 12 B) 15 C) 18 D) 20
15. How many squares are there in the following figure ?

A) 16 B) 17 C) 25 D) 27
16. Select the most suitable synonym for REDEEM
A) heal B) regain C) improve D) obtain
17. Select the most suitable antonym for CATALYST
A) promoter B) assassin C) destroyer D) deterrent
18. Identify the meaning of idiom “Read between the lines”
A) have a reason to suspect B) consulted one another
C) have insight into a situation D) under consideration
19. Select the pair which shows the same relationship as the capitalized pair of words
MINUTE : HOUR
A) Drop : ocean B) People : crowd
C) Child : children D) Paise : rupee
20. Choose the correct option
7500 + ( 1250/50) = ?
A) 175 B) 300 C) 6575 D) 7525
21. The average of all odd numbers upto 100 is
A) 49 B) 49.5 C) 50 D) 51
22. What percent of 7.2 kg is 18 gms ?
A) 0.025% B) 0.25% C) 2.5% D) 25%
23. A man buys a cycle for Rs. 1,400 and sells it at a loss of 15%. What is the selling price
of the cycle ?
A) Rs. 1,090 B) Rs. 1,160 C) Rs. 1,190 D) Rs. 1,202
24. If 2A = 3B and 4B = 5C, then A : C is
A) 4 : 3 B) 8 : 15 C) 15 : 8 D) 3 : 4
25. A and B can do a work in 8 days; B and C can do the same work in 12 days. A, B and C
together can finish it in 6 days. A and C together will do it in
A) 4 days B) 6 days C) 8 days D) 12 days
*RPQP03* -7- RP-QP – 03

PART – B
26. According to which of the following accounting concepts, the proprietor of a business
is treated as a creditor to the extent of his capital
A) Money measurement concept B) Cost concept
C) Dual aspect concept D) Entity concept
27. The term current assets does not include
A) Cash B) Stock-in-trade
C) Advance payments D) Furniture
28. Which of the following is not a capital reserve ?
A) Premium on the issue of shares B) Profits prior to incorporation
C) Dividend equalization reserve D) Profit on the sale of fixed assets
29. Outstanding wages is classified as
A) Capital expenditure B) Revenue expenditure
C) Deferred revenue expenditure D) None of the above
30. What is the amount of Closing stock when :
Opening stock = Rs. 4,500
Cost of goods sold = Rs. 54,500
Purchases = Rs. 60,000
A) Nil B) Rs. 19,000 C) Rs. 9,000 D) Rs. 10,000
31. Stock turnover ratio is a
A) Liquidity ratio B) Activity ratio
C) Profitability ratio D) Solvency ratio
32. The term ‘funds’ as used in ‘funds flow statement’ means
A) Cash B) Current assets
C) Current liabilities D) Current assets minus current liabilities
33. Which one of the following is an example of source of funds ?
A) Increase in long-term liabilities B) Decrease in long-term liabilities
C) Increase in fixed assets D) Decrease in preference capital
RP-QP – 03 -8- *RPQP03*

34. Macro-economics deals with

A) Growth of an economy B) Total consumption
C) National income D) All of the above

35. Indifference curve is associated with

A) Fisher B) Hicks C) Pareto D) Both B) and C)

36. ‘Break-even point’ is that point where

A) AR is equal to AC B) AC is equal to TR
C) MR is equal to TC D) AR is equal to MC

37. Pure monopoly exists

A) When there is a single producer
B) When there is a single producer without any close substitutes
C) When there is a single producer with close substitutes
D) When a few producers control the industry

38. Skimming price for a new product is

A) Low initial price B) Average price
C) High initial price D) Moderate price

39. Which of the following commodities has the lowest elasticity of demand ?
A) Car B) Books C) House D) Salt

40. Marginal revenue will be negative if the demand is

A) Relatively elastic B) Unitary elastic
C) Relatively inelastic D) Perfectly elastic

41. Marginal utility theory was conceptualized by

A) John Maynard Keynes B) J. R. Hicks
C) Alfred Marshall D) None of the above

42. Consumer surplus under price discrimination is

A) Maximum B) Minimum C) Zero D) Non-predictable

43. What is the measure of elasticity ?

A) 0 B) 1 C) 2 D) 3
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44. Management is
A) An art B) A Science
C) Both an art and a science D) Neither art nor science
45. Which of the following management functions are closely related ?
A) Planning and organizing B) Staffing and control
C) Planning and control D) Planning and Staffing
46. F. W. Taylor is known as the father of
A) Human relationship approach management
B) Quantitative approach to management
C) Scientific management approach
D) General and industrial management
47. ‘Control’ function of management cannot be performed without
A) Planning B) Organizing C) Staffing D) Motivation
48. Which of the following is the oldest type of organization ?
A) Functional organization B) Line organization
C) Line and staff organization D) Committee organization
49. Co-ordination function of management aims at
A) Providing sufficient personnel B) Bringing harmony in various activities
C) Taking up corrective course of action D) None of these
50. Decentralization
A) Increases the importance of superiors
B) Decreases the importance of superiors
C) Increases the importance of subordinates
D) Decreases the importance of subordinates
51. ‘Grapevine’ is a term used in relation to
A) Formal communication
B) Informal communication
C) Both formal and informal communications
D) This term is not used in relation to communication
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52. Scalar principle on management is also known as

A) Unity of command B) Chain of command
C) Management by exception D) Esprit de corps

53. The most structured marketing problems are likely to be those dealing with
A) Price B) Place C) Promotion D) Product

54. Segmentation of consumers based on factors like climatic conditions and

regions are known as
A) Demographic segmentation B) Cultural segmentation
C) Geographic segmentation D) Administrative segmentation

55. Who is associated with the concept of marketing myopia ?

A) Levitt B) Drucker C) McCarthy D) Kotler

56. Marketing concept emphasizes on

A) Customer-oriented products B) Value creation
C) Sales orientation D) Production orientation

57. Product mix consists of

A) 2P B) 6P C) 4P D) 5P

58. Marketing is a human activity directed at satisfying needs and wants through
exchange process, is the statement of
A) William Stanton B) Kenneth Andrews
C) Cundiff and Still D) Philip Kotler

59. Selling lays emphasis on the _____whereas marketing on _______

A) Production, product B) Product, production
C) Product, customer wants D) Production, customer wants

60. How do you distinguish marketing and selling ?

A) They are one and the same
B) Marketing is a part of selling
C) Selling is a part of marketing
D) No relationship between selling and marketing
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61. ‘The environment of business consists of all those external things to which it is
exposed and by which it may be influenced, directly or indirectly.’ This statement
said by
A) Reinecke and Schoell B) Welder and Torch
C) Copen D) F.W. Taylor

62. ‘A good environment is good business’ who said ?

A) Dr. M. S. Swaminathan B) Dr. S. S. Rao
C) Dr. M. Singh D) Dr. R. Rajan

63. The New Economic Policy of India is a precious gift of

A) Dr. K. S. Rao B) Mr. Jaswant Singh
C) Dr. Manmohan Singh D) Mr. Venkateshwar Ray

64. Indian Planning Commission was constituted in

A) 1948 B) 1949 C) 1950 D) 1951

65. Which one of the following is not the characteristic of mixed economy ?
A) Public Interest B) Joint Sector
C) Public Control D) Economy Independency

66. Which of the following is component of Social-cultural environment ?

A) Education B) Agriculture
C) Population D) R and D

67. Which one of the following is not the economic role of government ?
A) Planning Role
B) Social Welfare
C) Transportation System
D) All the work related to opposed to public policy

68. The Environment Protection Act came into force from

A) 1986 B) 1987 C) 1988 D) 1991

69. The Environment Audit started in India from

A) 1982 B) 1992 C) 1995 D) 1996
RP-QP – 03 -12- *RPQP03*

70. Which of the following is not the characteristic of Data ?

A) Comparative study
B) Human being
C) Statistics are collected by enumeration or estimation
D) Statistics are placed in relation to each other
71. Tabulation of data is a
A) Need of statistics B) Function of statistics
C) Objects of statistics D) A) and B) both
72. Which of the following is not the part of the subject matter of Business statistic ?
A) Presentation of data B) Analysis of data
C) Interpretation of data D) Appointment
73. The primary object of sampling is to obtain maximum information about _________
with minimum effort.
A) Population B) Universe C) Data D) Statistics
74. Which of the following is type of hypothesis ?
A) Null hypothesis B) Alternative hypothesis
C) Large hypothesis D) (A) and (B) both
75. Which of the following is not Mathematical Average ?
A) Geometric mean B) Harmonic mean
C) Median D) Quadratic mean
76.

called as
A) Capital sigma B) Rule C) Harmer D) Voucher
77. Which of the following is not the function of statistics ?
A) Determination of Hypothesis B) Testing work
C) Forecasting D) Auditing
78. The book HR Champions is authored by
A) Mintzberg B) J. Pfeffer C) M. Porter D) Dave Ulrich
79. The horizontal expansion of jobs is termed
A) Job enrichment B) Job enlargement C) Job sharing D) Job involvement
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80. Dramatic reduction of manpower is called

A) Termination B) Retrenchment C) Downsizing D) Rightsizing
81. Focus on Social Environment is related to
A) Delegation B) Unity of Command
C) Human Relations D) Unity of Direction
82. Monitoring employees through a preplanned series of position is called
A) Promotion B) Succession planning
C) Job reporting D) Job rotation
83. A willful disobedience of authority is called
A) Insubordination B) Indiscipline
C) Willful disobedience D) Misconduct
84. What is the operative function of HRM ?
A) Organizing B) Directing C) Controlling D) Integrating
85. Giving general information regarding organization to the newly appointed personnel
is called
A) Training B) Development C) Induction D) Promotion
86. When was Banking CompaniesAct introduced ?
A) 1950 B) 1960 C) 1949 D) 1970
87. The origin of banking in the modern sense, is traced to
A) Italy B) French C) Sanskrit D) Hindi
88. Which one of the following Bank was the first public banking institution in world ?
A) Bank of Hindustan B) Bank of Venice
C) Bank of England D) Bank of Japan
89. The RBI Governor is
A) Arvind Mayaram B) Raghuram Rajan
C) Montek SinghAhluwaliah D) Kaushik Basu
90. ‘Smart Money’ is a term used for
A) Internet Banking B) Credit Card
C) Cash with Bank D) Cash with Public
RP-QP – 03 -14- *RPQP03*

91. NABARD was established in

A) Fourth Plan B) Fifth Plan C) Sixth Plan D) Eighth Plan
92. SBI (Subsidiary Banks Laws) Amendment Bill passed by the Parliament allows
SBI to reduce its holding in its seven subsidiary banks from
A) 100 to 75% B) 75 to 50%
C) 75% or more to 51% D) 75% or more to 49%
93. The main security guard of International Trade is
A) IMF B) World Bank C) WTO D) IFC
94. The headquarters of World Bank is situated at
A) Manila B) Washington D.C.
C) New York D) Geneva
95. Which pair is not correct ?
A) EXIM Bank – Financing for export – import
B) RBI – Banker’s bank
C) IDBI – Industrial finance
D) FCI – Financial assistance to commercial institutions
96. SDR is the currency of IMF which is in the form of
A) Paper currency B) Gold
C) Silver and gold both D) Book-keeping entry only
97. ‘Base Rate’ is a banking term. The Base Rate is determined by
A) RBI B) Commercial Bank
C) Finance Ministry D) World Bank
98. Which of the following organization releases ‘Doing Business Report’ every year ?
A) IMF B) WTO C) UNCTAD D) World Bank
99. D. Swaroop Committee is associated with
A) Financial Products Marketing B) Sugar Marketing
C) Capital Marketing D) Banking
100. Which of the rate is not determined by Reserve Bank of India ?
A) Bank Rate B) CRR C) SLR D) PLR

______________
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SPACE FOR ROUGH WORK

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SPACE FOR ROUGH WORK