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UGC NET Management Previous Year Solved Papers MCQ - December 2018

1 Given below are two statements, one labelled as Assertion (A) and the other labelled as Reason (R). Read the statements and choose the correct answer using the code given below.
Assertion (A): A price reduction leads to an increase in the quantity demanded of the commodity.
Reason (R): It results from price effects comprising income and substitution effects which are always positive.
Code:

2 Indicate the correct code from the following types of the long-run average cost curves on which the minimum average cost of production in the long run can be determined:
(i) Long-run average cost curve under normal production function.
(ii) Long-run average cost curve under linearly homogeneous production function.
(iii) Planning curve
(iv) Envelope curve
Choose the correct answer from the code given below:
Code:

3 Monopoly situation in the market is not desirable mainly because the monopolist:

4 Indicate the correct code for the appropriate combination of the following that constitutes the form of price discriminating strategy:
(i) Postage stamp pricing
(ii) Basing point pricing
(iii) Incremental pricing
(iv) Free on Board pricing
Choose the correct answer from the code given below:

5 Indicate the correct code for discounted cash flow techniques for capital investment proposals from the following:
(i) Net Present Value Method
(ii) Internal Rate of Return Method
(iii) Excess Benefit-Cost Ratio Method
(iv) Net Terminal Value Method
Choose the correct answer from the code given below:
Code:

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Which of the following is the reference of the dispute to an agreed third party for settlement, without the force of litigation or resort to law? (i) Conciliation…

A. Only (i)
B. Only (ii)
C. Both (i) and
D. Both (i) and (ii)

Correct answer: B

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UGC NET Management Previous Year Solved Papers MCQ - December 2018

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