UGC NET/ JRF December 2005 Question Paper II: Management

The University Grant Commission (UGC) conducts the National Eligibility Test (UGC NET/ JRF) for Junior Research Fellowship and Eligibility for Lectureship twice in the month of June and December. Here you find question papers from the Management for the benefit of the aspirants. The question paper will help in the practice and thereby further the preparation procedure of the students.

1. In the law of variable proportions, phase "two" indicates:
(A) Increasing returns
(B) Constant returns
(C) Diminishing returns
 (D) Negative returns
2.The demand curve facing the pure monopolist is :
(A) Positively sloped  
(B) Negatively sloped
(C) Horizontal  
(D) None of the above
3.Total consumer expenditure on a good falls as its price falls, this indicates that its price elasticity is :
(A) One  
(B) Less than one
(C) More than one  
(D) None of the above
4. National income is :
(A) NDP at factor cost
(B) NNP at factor cost
(C) NNP at market price
(D) GNP at factor cost
5. "Supply creates its own demand" is known as :
(A) Keynesian law
(B) Veblen law
(C) Say's law
(D) None of the above
6. An organisation that has developed capacity to adapt and change is described as :
(A) Virtual organisation
(B) Learning organisation
(C) Developing organisation
(D) Changing organisation

Click Here to find Management (December 2005) complete question paper