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Question : Rajesh is the purchaser manager of a company has to purchase 55 tones of raw material. He purchase the raw material from a firm owned by his relative at a rate more than the market price. Which principle of management is being violated in the given statement?

 

Option 1: Subordination of individual interest to general interest

Option 2: Scalar chain

Option 3: Order

Option 4: None of the above

 

Team Careers360 13th Jan, 2024

Correct Answer: Subordination of individual interest to general interest


Solution : According this principle interest of the organisation as the whole must reveal over the interest of the individuals or employees. Organisation superior to individuals,in case individual interest and organisation interest differ it is the duty of the management to

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Question : Which of the following statement is correct regarding the principles of management?
 

Option 1: The principles of management are rigid prescriptions which have to be followed absolutely.
 

Option 2: The principles of management do not apply to all types of organisations.
 

Option 3: The principles aim at influencing behaviour of human beings.
 

Option 4: None of the above.

Team Careers360 19th Jan, 2024

Correct Answer: The principles aim at influencing behaviour of human beings.
 


Solution : The principles of management are mainly behavioural.The principles aim to influence their unpredictable behaviour in order to achieve organisational goals. Manager Sahab to deal with human behaviour because all work is done by human beings. Human behaviour

61 Views

Question : Which institution in India provides training and education to farmers on modern agricultural practices?

Option 1: Indian Council of Agricultural Research (ICAR)
   

Option 2: Agricultural Technology Management Agency (ATMA)
 

Option 3: Krishi Vigyan Kendra (KVK)

 

Option 4: Food and Agriculture Organization (FAO)

Team Careers360 21st Jan, 2024

Correct Answer: Krishi Vigyan Kendra (KVK)

 


Solution : The correct answer is (c) Krishi Vigyan Kendra (KVK).

Krishi Vigyan Kendra (KVK) is an institution in India that provides training and education to farmers on modern agricultural practices. KVKs are agricultural extension centers established by the Indian Council of Agricultural Research

9 Views

Question : Which objective of government budget is highlighted here?
Budget is prepared with the objective of making various public sector industries provisions for managing and providing these enterprises with financial help.
 

Option 1: Management of public enterprises
 

Option 2: Economic growth
 

Option 3: Reducing regional disparities
 

Option 4: Employment generation
 

Team Careers360 23rd Jan, 2024

Correct Answer: Management of public enterprises
 


Solution : Under management of public enterprises, budget is prepared with the objective of making various public sector industries provisions for managing and providing these enterprises with financial help.
Hence Option A is correct.

14 Views

Question : Assertion: Scientific management principles focus on optimizing work procedures and methods.

Reason: It aims to induce waste and decrease productivity.

 

Option 1: Both assertions and reasons are correct, and the reason is the correct explanation of the assertion.

Option 2: Both are correct, but the reason is not the correct explanation.

Option 3: The assertion is correct, the reason is incorrect.

Option 4: The assertion is incorrect, the reason is correct.

Team Careers360 24th Jan, 2024

Correct Answer: The assertion is correct, the reason is incorrect.


Solution : The correct answer is (c) The assertion is correct, the reason is incorrect.

The assertion is correct. Scientific management principles do focus on optimizing work procedures and methods to improve efficiency and productivity.

The reason is incorrect. Scientific

14 Views

Question : Case Study 83

ABC Corporation is a conglomerate that has recently traded its shares on a stock exchange. The company's management is reviewing the development functions of SEBI.

Question : 

What is the developmental function of SEBI that aims to promote the growth of the securities market?

Option 1: Regulating credit rating agencies
 

Option 2: Prohibiting insider trading
 

Option 3: Preventing fraudulent activities

 

Option 4: Encouraging mergers and acquisitions

Team Careers360 19th Jan, 2024

Correct Answer: Encouraging mergers and acquisitions


Solution : The correct answer is (d) Encouraging mergers and acquisitions

The developmental function of SEBI that aims to promote the growth of the securities market is encouraging mergers and acquisitions. SEBI plays a significant role in facilitating mergers and acquisitions by setting guidelines,

16 Views

Question : Select the word which means the same as a group of words given.

The art or practice of garden cultivation and management.
 

Option 1: Monoculture
 

Option 2: Sericulture
 

Option 3: Apiculture
 

Option 4: Horticulture

Team Careers360 17th Jan, 2024

Correct Answer: Horticulture


Solution : The correct answer is option 4.

Explanation:

- Consider the significance of the highlighted option:

- Horticulture (noun): The study or practise of cultivating garden plants.

- Now consider the significance of the other options:

  • - Monoculture (noun): The practise of producing only one crop
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