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