UGC NET Code 08 Commerce 4th March 2023 Evening Shift Question Paper
UGC NET Code 08 Commerce 4th March 2023 Evening Shift Question Paper
1.) Which of the following is the right description of the “Duty Free Import Authorization
(DFIA)” Scheme?
(A) Duty free imports of inputs required for export production subject to certain export
obligations, as stipulated in the foreign trade policy.
(B) Exemption in respect of custom duty, additional duty, education cess and anti-dumping or
safeguard duties for inputs used in exports.
(C) Import of capital goods at concessional rate of duty subject to an appropriate export
obligation accepted by the importer.
(D) Grant of credit on post-export basis as specified percentage of F.o.B. value of exports made in
a freely convertible currency.
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?
(A) Within 10 days from the date of receipt.
(B) Within 15 days from the date of receipt.
(C) Within 30 days from the date of receipt.
(D) Within 45 days from the date of receipt.
3.) Which one of the following theories of attitude change states that changes in opinions can
result into an attitude change?
(A) Balance theory
(B) Cognitive consistency theory
(C) Reinforcement theory
(D) Cognitive dissonance theory
4.) According to Porter's Diamond, which of the following is NOT a factor of national
competitive advantage?
(A) Relating and supporting industry
(B) Firm strategy, structure and rivalry
(C) Bargaining power of buyers
(D) Demand conditions
5.) X & 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.
(A) 12:8:5
(B) 12:8:6
(C) 12:7:6
(D) 12:3:7
8.) As per the information given below, what is the correct material yield variance?
Standard input = 100kg
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
Select the correct answer using the codes given below:
Codes
(A) Rs. 40 (Favourable)
(B) Rs. 400 (Favourable)
(C) Rs. 400 (Unfavourable)
(D) Rs. 38 (Favourable)
9.) When the negative income effect overwhelms the positive substitution effects so much that the
demand curve is positively sloped, the commodity in consumption is described as:
(A) Normal good
(B) Inferior good
(C) Giffen good
(D) Luxury good
10.) In the extreme case of perfect price discrimination, the entire consumer surplus in the market
goes:
(A) to consumers.
(B) to monopoly producer.
(C) as deadweight loss.
(D) to capital.
11.) A situation in which economic actors interacting with one another, each choose their best
strategy, given the strategies that all the actors have chosen, is called:
(A) Nash equilibrium
(B) Prisoner’s dilemma
(C) Dominant strategy
(D) Predatory strategy
12.) In the Cobb-Douglas production function, Q = AK a Lb , where ‘a’ and ‘b’ are output
elasticities of capital and labour, respectively. If a + b > 1, the underlying return to scale will be:
(A) increasing
(B) decreasing
(C) constant
(D) linear
13.) Which one of the following institutions is NOT a part of the World Bank Group?
(A) International Bank for Reconstruction and Development (IBRD)
(B) International Development Association (IDA)
(C) Multilateral Investment Guarantee Agency (MIGA)
(D) The Bank for International Settlements (BIS)
14.) According to the traditional approach, what is the effect of increase in degree of leverage on
the valuation of a firm?
(A) Increases
(B) Decreases
(C) Remains unaffected
(D) Increases first and then decreases
15.) An economic enterprise requires 90,000 units of certain item annually. The cost per unit is
₹3. The cost per purchase order is ₹300 and the inventory carrying cost is ₹6 per unit per year.
What is EOQ?
(A) 3000 units
(B) 1500 units
(C) 6000 units
(D) 4500 units
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.
(A) 12%
(B) 12.67%
(C) 13%
(D) 13.33%
𝑒 −5 (−5)2
18.) For a Poisson distribution ρ(χ) = the mean value is:
2!
(A) 2
(B) 5
(C) 10
(D) 25
19.) Which of the following is used to assess the relationship between two ordinal variables?
(A) Spearman’s rho
(B) Phi
(C) Cramer’s V
(D) Chi-square
20.) A “Spurious” relationship between two variables is expressed as:
(A) An apparent relationship that is so curious that it demands further attention.
(B) A relationship that appears to be true because each variable is related to a third one.
(C) One that is so ridiculously illogical that it cannot be possibly true.
(D) One that produces a perfect negative correlation on a scatter diagram.
21.) Which one of the following motives characterizes dominant organizational climate of clubs?
(A) Extension
(B) Affiliation
(C) Dependency
(D) Achievement
22.) Which one of the following is the description of Ego Regression Mechanism?
(A) Returning to a previous stage of psyche development.
(B) Avoiding unacceptable emotions by focusing on the intellectual aspects.
(C) Taking out impulses on a less threatening target.
(D) Pulling into the unconscious situation.
23.) Which one of the following is NOT an advantage of organization structure by product in a
manufacturing company?
(A) Places attention and effort on product line.
(B) Requires less persons with general managerial abilities.
(C) Improves coordination of functional activities.
(D) Permits growth and diversity of products.
24.) Which one of the following is NOT an assumption under the McGregor’s Theory Y?
(A) The degree of commitment to objectives is in proportion to the size of the rewards associated
with their achievement.
(B) Under the conditions of modern industrial life, the intellectual potentialities of the average
human being are only partially utilised.
(C) External control and the threat of punishment are the only means for producing effort towards
organizational objectives.
(D) Average human beings learn, under proper conditions, not only to accept responsibility but
also to seek it.
25.) The minimum capital requirement for a life insurance company in India is:
(A) Rs. 300 crores
(B) Rs. 200 crores
(C) Rs. 500 crores
(D) Rs. 100 crores
26.) Universal banks that function as investment banks in India are regulated by:
(A) SEBI
(B) RBI
(C) Ministry of Finance
(D) IRDA
29.) The knowledge and courtesy of employees and their ability to convey trust and confidence
indicates which of the following?
(A) Responsiveness
(B) Assurance
(C) Empathy
(D) Reliability
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?
(A) Captive-product pricing
(B) Two-part pricing
(C) Product-bundling pricing
(D) By-product pricing
32.) A Vertical Marketing System (VMS) combining successive stages of production and
distribution under single ownership, is known as:
(A) Corporate VMS.
(B) Administered VMS.
(C) Contractual VMS.
(D) Conventional VMS.
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:
(A) Jettisoning.
(B) Moral hazards.
(C) Consequential peril.
(D) Reverse indemnity.
34.) The right to ‘stoppage in transit’ exercised by an unpaid seller is to:
(A) recover price
(B) retain possession
(C) regain possession
(D) recover damages
35.) Which one among the following is the duty of the Central Assistant Public Information
Officer or a State Assistant Public Information Officer?
(A) To receive the applications for information or appeals under the RTI Act for forwarding the
same forthwith to the CPIO/SPIO.
(B) To receive the fee for the RTI applications.
(C) To assist the CPIO/SPIO in furnishing the reply to the applicant.
(D) To ensure that RTI applications are replied within the prescribed period.
36.) The relationship between a bank and its customers is basically that of:
(A) Debtor and Creditor
(B) Trustee and Beneficiary
(C) Principal and Agent
(D) Drawer and Payee
37.) Provisions of the Vivad se Vishwas Act, 2020 does not apply in respect of tax arrears relating
to which one of the following?
(A) an assessment year in respect of which prosecution has been instituted on or before the date
of filing of declaration.
(B) any income from agricultural land in India.
(C) Section 10(3) dealing with tax deductions.
(D) assessments under Section 80 GI of the Act.
38.) Under Section 8OTTB 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?
(A) Rs. 50,000
(B) Rs. 1,00,000
(C) Rs. 75,000
(D) Rs. 1,50,000
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:
(A) Rs 10,000
(B) Rs 25,00,000
(C) 10% of Gross Total Income
(D) 2% of Tax liability
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:
Codes
(A) A, B and E only
(B) A, C and D only
(C) C, D and E only
(D) A, B and C only
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:
Codes
(A) A, B and C only
(B) C, D and E only
(C) A and B only
(D) D and E only
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 amount borrowed.
e. Cash payments to suppliers for goods and services.
Choose the correct answer from the options given below:
Codes
(A) a, b and c only
(B) c, d and e only
(C) c and d only
(D) a, c and d only
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:
Codes
(A) A, B and C only
(B) C, D and E only
(C) A, C and D only
(D) B, C and E only
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:
Codes
(A) A, B and C only
(B) C, D and E only
(C) A B, C and D only
(D) A B, C and E only
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:
Codes
(A) A and E only
(B) B, C and E only
(C) A, B and C only
(D) A, B, C and D only
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:
Codes
(A) A, B and D only
(B) B, C and D only
(C) A, C and E only
(D) C and D only
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:
Codes
(A) A and B only
(B) B and C only
(C) A, D and E only
(D) C, D and E only
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:
(A) A, B and E only
(B) A, C and D only
(C) B, C and E only
(D) C, D and E only
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:
Codes
(A) A and C only
(B) C, D and E only
(C) B, C and E only
(D) B and D only
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 II Capital for banks include Perpetual Debt Instruments.
E. Only private banks in India have implemented Basel III guidelines.
Choose the correct answer from the options given below:
Codes
(A) C, D and E only
(B) B, C and E only
(C) A, C and D only
(D) A and B only
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:
Codes
(A) B and C only
(B) B, C and D only
(C) A, B and C only
(D) C, D and E only
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:
Codes
(A) A and B only
(B) B, C and D only
(C) A, C and E only
(D) A, C, D and E only
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:
Codes
(A) a, b and c only
(B) c, d and e only
(C) b, d and e only
(D) a, b and d only
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:
Codes
(A) a, b and c only
(B) b, c and d only
(C) c, d and e only
(D) a, b, c and d only
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:
Codes
(A) a, b and e only
(B) b, c and d only
(C) a, b, c and d only
(D) a, b, c, d and e
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:
(A) A, B and D only
(B) A, B and C only
(C) A, B, D and E only
(D) A, B, C, D and E
76.) In relation to the export from India, arrange the following steps of port procedure and
customs clearance sequentially:
A. C & F agent present mate's receipt 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:
Codes
(A) C, E, D, B, A
(B) C, E, D, A, B
(C) E, C, D, A, B
(D) C, D, E, A, B
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:
Codes
(A) C, A, D, B, E
(B) D, C, B, A, E
(C) A, B, C, D, E
(D) D, A, C, B, E
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:
Codes
(A) A, C, B, E, D
(B) C, A, D, B, E
(C) B, A, D, E, C
(D) B, D, A, C, E
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:
Codes
(A) B, D, C, A, E
(B) C, B, A, D, E
(C) B, C, A, D, E
(D) A, C, B, E D
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:
Codes
(A) C, E, B, A, D
(B) C, B, E, D A
(C) B, E, C, D A
(D) E, A, C, D B
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:
Codes
(A) E, A, B, C, D
(B) C, B, A, D, E
(C) B, C, A, E, D
(D) A, C, B, D, E
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:
Codes
(A) E, A, B, C, D
(B) A, E, C, B, D
(C) E, A, C, B, D
(D) A, E, B, C, D
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:
Codes
(A) A, B, C, E, D
(B) A, C, E, D, B
(C) C, D, A, B, E
(D) D, E, B, C, A
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:
Codes
(A) A, D, B, C, E
(B) A, C, D, B, E
(C) A, D, C, E, B
(D) D, A, E, B, C
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:
(A) Both A and R are true and R is the correct explanation of A.
(B) Both A and R are true but R is NOT the correct explanation of A.
(C) A is true but R is false.
(D) A is false but R is true.
91.) Read the passage below carefully and answer the question 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.
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:
Codes
(A) Both A and R are correct and R is the correct explanation of A.
(B) Both A and R are correct but R is NOT the correct explanation of A.
(C) A is correct but R is not correct.
(D) A is not correct but R is correct.
92.) Read the passage below carefully and answer the question 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 bottom line is work
optimisation. For which WFA, without the stress of a pandemic around, makes damn good pitch.
93.) Read the passage below carefully and answer the question 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 bottom line is work
optimisation. For which WFA, without the stress of a pandemic around, makes damn good pitch.
94.) Read the passage below carefully and answer the question 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.
Which one of the following is NOT true for Work from Anywhere?
(A) It reduces time and energy expended in commuting.
(B) It increases talent pool distance barrier.
(C) It allows an employee to choose his work surroundings.
(D) It improves quality and quantity of work output.
95.) Read the passage below carefully and answer the question 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.
96.) Read the passage below carefully and answer the question 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 has 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.
97.) Read the passage below carefully and answer the question 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 has 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.
The stance of a monetary policy wherein the interest rates may move either way, upwards or
downwards, is called:
(A) Accommodative stance
(B) Neutral stance
(C) Calibrated stance
(D) Hawkish stance
98.) Read the passage below carefully and answer the question 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 has 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.
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.
100.) Read the passage below carefully and answer the question 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 has 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.