Management
Question : Which of these is one of the functions of the Government budget?
Option 1: Management of money supply
Option 2: Maintaining strict budgetary balance
Option 3: Redistribution of income and wealth
Option 4: Price fixation
Correct Answer: Redistribution of income and wealth
Solution : The correct option is Redistribution of income and wealth.
One of the functions of the Government budget is the redistribution of income and wealth. The government can use the budget to implement policies that aim to reduce income and wealth
Question : In the following passage, some words have been deleted. Select the most appropriate option to fill in each blank.
(1)_______ changes in science and technology lead to modernisation of technology as well as upgradation of knowledge. In order to upgrade or modernise technology, management must (2)_______ employees to accept new technology. (3)________ training of staff becomes necessary to update their knowledge and to (4) _____their skills. This is possible only (5)______ effective communication between the management and the employees.
Question:
Select the most appropriate option for blank 4.
Option 1: imitate
Option 2: enhance
Option 3: hamper
Option 4: decrease
Correct Answer: enhance
Solution : The correct answer is option 2.
Explanation:
The correct response is 'enhance.' Let us investigate the significance of the given options. - - model - take or follow as an example - improve - increase, intensify, or further improve the quality, value, or extent of.
Question : Case Study 80
LMN Corporation is a well-established company planning to raise funds for its expansion projects. The company's management is considering the regulatory functions of SEBI.
Question :
What is the primary regulatory role of SEBI?
Option 1: Allocating resources to companies
Option 2: Facilitating trading on stock exchanges
Option 3: Protecting the rights of investors
Option 4: Providing loans to companies
Correct Answer: Protecting the rights of investors
Solution : The correct answer is (c) Protecting the rights of investors
The primary regulatory role of the Securities and Exchange Board of India (SEBI) is to protect the rights of investors. SEBI is the regulatory body for the securities market in India.
Question : An organisation consists of diverse individuals with different needs discuss the management feature highlighted in the given statement?
Option 1: It is a group activity
Option 2: It is a dynamic function
Option 3: It is a continuous process
Option 4: It is all pervasive
Correct Answer: It is a group activity
Solution : An organisation is a collection of diverse individuals with different needs. Iyty collectively works towards the fulfillment of organizational goal theorugh individual efforts. Therefore, it is a group activity.
Hence, Option A is correct.
Question : Case Study : Incentives and Employee Satisfaction at LMN Corp
LMN Corp values employee satisfaction and offers a variety of incentives. Consider the following scenario to answer the questions.
The management at LMN Corp recognizes that fulfilling self-actualization needs involves:
Option 1: Offering health benefits
Option 2: Providing flexible work arrangements
Option 3: Encouraging skill development and growth
Option 4: Implementing strict performance evaluations
Correct Answer: Encouraging skill development and growth
Solution : The correct answer is (c) Encouraging skill development and growth.
Self-actualization needs, according to Maslow's hierarchy, pertain to achieving one's full potential, personal growth, and self-fulfillment. Encouraging skill development and growth provides employees with opportunities to enhance their capabilities, pursue their
Question : Which of the following is not dealt under Section 3(3) of the Environment (Protection) Act,1986
Option 1: The Biodiversity Authority
Option 2: The Coastal Zone Management Authority
Option 3: Authority set-up to monitor the State of Notified Ecologically Sensitive Areas
Option 4: Protection of plant Varieties and Farmers Right Authority
Correct Answer: Protection of plant Varieties and Farmers Right Authority
Solution : The correct option is Protection of plant Varieties and Farmers Right Authority.
Plant variety protection and farmer rights are not addressed under Section 3(3) of the Environment (Protection) Act of 1986. Instead, the Protection of Plant Varieties and
Question : What is the role of sustainable land management in preventing land degradation?
Option 1: It accelerates soil erosion
Option 2: It promotes the overuse of natural resources
Option 3: It conserves soil and water resources
Option 4: It encourages deforestation
Correct Answer: It conserves soil and water resources
Solution : Sustainable land management plays a crucial role in preventing land degradation by conserving soil and water resources and promoting responsible use of natural resources.
Question : To avoid the problems of shortage and surplus of funds what is required in the financial management?
Option 1: Financial planning
Option 2: Business finance
Option 3: Equity
Option 4: Debt
Correct Answer: Financial planning
Solution : Financial planning helps in determining the objectives policies,procedures,programs and budgets to deal with financial activities of an enterprise.
Hence,option A is correct.
Question : Case Study:
ABC Pharma uses motion study to analyze the movements of workers during their tasks. Which technique of scientific management is being applied here?
Option 1: Motion Study
Option 2: Time Study
Option 3: Fatigue Study
Option 4: Method Study
Correct Answer: Motion Study
Solution : The correct answer is (a) Motion Study
Motion study involves analyzing the movements and motions required to perform a job. It aims to streamline movements, minimize wasteful motions, and improve efficiency in completing tasks. ABC Pharma using motion study to analyze the movements of
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