PSC Chief General Manager Model Questions and Answers – Part 2

Last Updated On: 30/04/2018

26. Hawthorne experiment is associated with :
(A) Henry Fayol (B) Fedrick W. Taylor
(C) Theodore Levitt (D) George Elton Mayo
Answer: D

27. An obligation to remain with an organization for moral or ethical reasons is :
(A) Continuance commitment (B) Affective commitment
(C) Normative commitment (D) Organizational commitment
Answer: C

28. Diversification by adding new, unrelated products or services for present customers is referred to as :
(A) Product development (B) Conglomerate diversification
(C) Concentric diversification (D) Horizontal diversification
Answer: D

29. According to BCG Matrix, which division represents businesses with high growth rate and low market share ?
(A) Stars (B) Dogs
(C) Question Marks (D) Cash Cows
Answer: C

30. Who translates the corporate strategy into concrete objectives for individual business ?
(A) Functional level managers (B) Corporate level managers
(C) Business level managers (D) Multi level managers
Answer: C

31. Public distribution system is specifically associated with
(A) Marketing system (B) Retailing system
(C) Selling system (D) Industrial system
Answer: B

32. …………… = Kindliness × Justice
(A) Fair remuneration
(B) Subordination of individual interest to general interest
(C) Stability of tenure of personnel
(D) Equity
Answer: D

33. Brain storming is a group activity exercise applied to get :
(A) Single solution to single problem
(B) Many solutions to a single problem
(C) Many solutions to many problems
(D) Single solution to many problems
Answer: B

34. Which of the following is not a step in MBO ?
(A) Setting of organizational objectives
(B) Formulating departmental objectives
(C) Identifying the needs of the labour force
(D) Establishing key result areas
Answer: C

35. Which of the following is not a qualitative method of forecasting ?
(A) Econometric models (B) Intuition method
(C) Panel Consensus method (D) Delphy method
Answer: A

36. ………….. propounded dual factor theory of motivation
(A) Abraham Maslow (B) Douglas McGregor
(C) Fedrick Herzberg (D) Henry Fayol
Answer: C

37. The Multinational corporation that experimented ‘Six Sigma’ for the first time was :
(A) Maruti Udyog Ltd (B) Ford Motor Company
(C) Motorola,Inc. (D) Toyota Motor Corporation
Answer: C

38. The ability to influence a group towards the achievement of a vision or sets of goals is termed as:
(A) Mission (B) Span of control
(C) Leadership (D) Motivation
Answer: C

39. The planned elimination of of jobs in an organization for cost cutting, declining market share, previous overaggressive hiring and growth, or outsourcing is termed as :
(A) Rightsizing (B) Layoff
(C) Retrenchment (D) Downsizing
Answer: D

40. Which of the following is not associated with Michael Porter’s competitive forces in industry analysis?
(A) Development of substitute products
(B) Bargaining power of suppliers
(C) Bargaining power of employees
(D) Potential entry of new competitors
Answer: C

41. The term ‘not binding in law’ related to
(A) Valid contract (B) Voidable contract
(C) Void contract (D) Unenforceable contract
Answer: C

42. As per Indian Contract Act, which of the statement is not true
(A) Consideration of the contract may be past, present or future
(B) Consideration may move from the promissee or any other person
(C) A wager is an agreement by which money is payable by one person on the happening of an event only
(D) Both (A) & (B)
Answer: C

43. Contract of guarantee described as per section…………..
(A) 126 (B) 112
(C) 136 (D) 146
Answer: A

44. In a contract of guarantee, a person who promises to discharge another’s liability, is known as …………..
(A) Principal debtor (B) Creditor
(C) Surety (D) Indemnified
Answer: C

45. Which of the following statement is true as per Indian Contract Act
(A) Past Consideration does not the part of Indian contract act
(B) Consideration must be adequate
(C) Consideration must result in a benefit to both parties
(D) None of these
Answer: D

46. The Consumer Protection Act provides for a three tier consumer disputes redressal system, in which the National Commission was established by the Central Government in August ………….
(A) 1986 (B) 1987
(C) 1988 (D) 1989
Answer: C

47. Section 14 of IRDA Act,1999 lays down ………….
(A) Objectives of IRDA
(B) Duties, Powers and Functions of IRDA
(C) Penalties of IRDA
(D) Supervision of IRDA
Answer: B

48. TRAI should have a chair person. It should have a minimum …………. members but number of members should not exceed ………….
(A) 2,5 (B) 3,6
(C) 2,8 (D) 2,6
Answer: D

49. As per Industrial Policy Resolution 1956, Industries are classified in to
(A) Schedule A,B (B) Schedule A,B and C
(C) Schedule A only (D) Schedule A, B, C and D
Answer: B

50. Which of the following statement is not true
(A) Company Law Board was constituted by the Central Government as an independent institution in 1991 as per Companies Act 1956
(B) The members of Company Law Board are appointed by Central Government
(C) The maximum number of members of Company Law Board is appointed by Central Government
(D) Any voluntary consumer organization registered under the Societies registration Act 1860 can file a complaint to Consumer Protection Act.
Answer: C

       
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