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JUNIOR-SUPERINTENDENT---P-AND-A-KSCCF-LTD Related Question Answers
26. The concept of MBO was introduced by whom ?
Peter F. Drucker Joseph Schumpeter Frederick Winslow Taylor Mary Parker Follett
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27. Who is considered as the founder of ‘Human Relations School’ ?
Douglas McGregor Abraham Maslow George Elton Mayo Henry Fayol
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28. Who is considered as the father of Scientific Management ?
H. Fayol G.E. Mayo J.M. Keynes F.W. Taylor
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29. The best explanation of ‘Work Committee' among the following is
A tool for introducing participative management A grievance reprisal mechanism Committee formed by workers in a company where there is no union A consultative committee of workers for wage revision
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30. 'Grapevine’ in management means what ?
A HRM training method All informal communications A management technique Noise in communication
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31. Which committee recommended the introduction of Commercial Paper ?
Malegam Committee Kannan Committee Chakravarty Committee Vagual Committee
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32. Which among the following is the sole reinsurance company in India ?
Life Insurance Corporation of India SBI General Insurance General Insurance Corporation of India New India Assurance Co. Ltd.
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33. The year in which the Consumer Protection Act was passed in India ?
1986 1956 1983 1991
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34. IRDA is the regulating agency of which industry ?
Derivative Market Banking Debt Marke Insurance
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35. Which of the following is false with regard to ‘Call Money’ market ?
It is repayable on demand It is located in major cities Its maximum period is 24 days It solves short term liquidity problems
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37. Following are the statements with regard to a partnership firm. Identify which is false if there is no partnership agreement.
Equal sharing of profit Salary is payable to working partners No interest on capital Interest on loan is @6%
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38. The famous case ‘Garner Vs Murray’ is related to which of the following ?
Deficiency of an insolvent partner Discharging a retired partner Dissolution of a firm Payment of loss by a retired partner
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39. Interest debited in the Pass Book is
Income Expense Can be either income or expense Depends on the situation
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41. Among the following which one is not a method of calculating goodwill ?
Super profit Capitalisation Capital Accumulation Annuity
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42. Continuous Audit is used in_____________organisations.
Co-operative Large Sole proprietorship Small
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43. What is meant by ‘Internal Check’ or ‘Internal Control’ ?
Work of an employee is checked by another employee on completion of work Work of an employee is checked by Auditor on completion of work Work of an employee is checked automatically by another employee during the course of work Work of an employee is checked by auditor during the course of work
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44. Which of the following is false with regard to ‘Audit Working Paper’ ?
It is the record of all facts and evidence obtained during the audit It is kept by the company in which the audit is conducted It is used by the Auditor to prepare the final report It is kept for long years, say 8 to 10 years
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45. What is meant by ‘Management Audit’ ?
An audit that help the management to improve and perform better An audit in which auditor is appointed by the management Audit conducted on the basis of resolution passed by Board of Directors Audit conducted on the order of SEBI into the management of a company
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47. Among the following who keep the ‘Bin Card’ ?
Costing Department Store Keeper Time Clerk Purchase Department
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48. Among the following, which is a false statement with regard to ‘Companies Act 2013’?
Corporate social responsibility is made mandatory to all companies All companies has to follow uniform accounting year Company with one member (one-person company) is permitted At least one woman director for companies that comes under certain criteria
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49. What is MUDRA Bank ?
It is a bank to give loans to SC and ST population It is a bank to attract FDI to small scale enterprises It is a bank to promote women entrepreneurs It is bank to lend small entrepreneurs and refinance micro finance institutions
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50. Which one of the following is a Direct Tax ?
Sales Tax Excise Duty Wealth Tax Service Tax
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