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June 2015 - Paper 2

21:  

Match the items of List-I with List-II:

List-I

List-II

(a) "He who can manage, can manage anything".

(i) Henry Fayol

(b) "Due to these experiments, a factory does not remain a factory, it is converted into a laboratory".

(ii) William B. Cornell

(c) "Management succeeds or fails as human relations in business are intelligently or unintelligently handled".

(iii) F. W. Taylor

(d) "A place for everything, and everything in its place".

(iv) Lawrance A. Appley

 

Codes:

A.

(a)  (b)  (c)  (d)

(i) (ii) (iii) (iv)

B.

(a)  (b)  (c)  (d)

(i) (ii) (iv) (iii)

C.

(a)  (b)  (c)  (d)

(iv) (iii) (ii)   (i)

D.

(a)  (b)  (c)  (d)

(iii) (ii) (i) (iv)

 
 

Option: C

Explanation :

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22:  

Assertion (A): Management is mainly associated with economic affairs. 

Reasoning (R): Big business houses are the result of effective financial management.

Codes:

A.

(A) is correct and (R) is the right explanation of (A).

B.

Both (A) and (R) are correct but (R) is not the right explanation of (A).

C.

(A) is incorrect but (R) is correct in isolation.

D.

Both (A) and (R) are incorrect.

 
 

Option: C

Explanation :

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23:  

Areas of establishing objectives under MBO are:

(i) Market Standing

(ii) Innovation

(iii) Industrial Relations

(iv) Public Accountability

(v) Productivity

(vi) Industrial Policy

A.

(iii), (iv), (v) and (vi)

B.

(i), (ii), (iv) and (v)

C.

(i), (ii), (v) and (vi)

D.

(ii), (iii), (iv) and (v)

 
 

Option: B

Explanation :

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24:  

Match the items of List-I with List-II:

List-I

List-II

(a) Management of Tomorrow

(i) Chris Argyris

 

(b) Motivation and Personality

(ii) Fredrick Hergberg

 

(c) The Motivation of Work

(iii) L.F. Urwick

 

(d) Personality and Organisation

(iv) A.H. Maslow

 

Codes:

A.

(a)  (b)  (c)  (d)

(iii) (iv) (i) (ii)

B.

(a)  (b)  (c)  (d)

(iii) (iv) (i) (ii)

C.

(a)  (b)  (c)  (d)

(iv) (iii) (ii) (i)

D.

(a)  (b)  (c)  (d)

(iii) (iv) (ii) (i)

 
 

Option: D

Explanation :

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25:  

Narayan Murthy Committee revised its recommendations on Corporate Governance as on 29th October 2004 which diluted the following areas:

(i) Independence of Directors

(ii) Whistle Blower Policy

(iii) Performance evaluation of Non-Executive Directors

(iv) Mandatory training of Non-Executive Directors

Codes:

A.

(i), (ii) and (iii) only

B.

(i) and (iii) only

C.

(i), (ii) and (iv) only

D.

All (i), (ii), (iii) and (iv)

 
 

Option: D

Explanation :

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