Question : Comprehension:
In the following passage, some words have been deleted. Fill in the blanks with the help of the alternatives given. Select the most appropriate option for each blank.
Another farmer's cotton harvest increased from 10 quintals to 14 quintals (1)_____ using pesticides and fertilisers on the suggestion (2)_____ the local agriculture extension officer. "I (3)______ doubts as I was going for organic cotton for the (4)_____ time," he said, "but I saved eight thousand rupees per acre (5)____ costs." He sold his cotton for almost seven lakhs, (6)______ he wants to use for his daughter's studies and to (7)________ a new house. Another farmer said he's got the first (8)' ________ crop' of his life this year. The 53-year-old used to grow red gram on his (9)_______ field. "But thanks to a government project, my village tank is full, and I could (10)_________ paddy in the Rabi season." He reaped 66 quintals from his two acres.
Question:
Select the most appropriate option to fill in the blank 5.
Option 1: by
Option 2: as
Option 3: on
Option 4: from
Correct Answer: on
Solution : The correct choice is the third option.
In this context, "on" is used to indicate the area where savings occurred. The farmer saved money specifically in the area of costs associated with farming, which could include things like pesticides, fertilisers, or other inputs. "On costs" suggests savings made directly on the various expenses incurred per acre.
Question : Which of the following is not a principle of scientific management according to Frederick Taylor?
Option 1: Standardization
Option 2: Division of labor
Option 3: Centralization
Option 4: Efficiency
Correct Answer: Centralization
Solution : Frederick Taylor's principles of scientific management emphasize the importance of standardization, division of labor, and efficiency. These principles focus on improving productivity and efficiency by analyzing and optimizing work processes. Centralization is not a principle of scientific management, as it refers to the concentration of decision-making authority in the hands of a few individuals, which goes against the idea of empowering workers and improving efficiency through collaboration and teamwork.
Achieve complete harmony between management and workers to attain organisational goals is known as harmony not discord.
Hence, option C is correct.
Question : As the marketing manager of Z.ltd focuses on quick sales to hit the objective, the manufacturing manager of Z.ltd advises the salesperson to go slowly when selling the product. Which principle of management is being violated here?
Option 1: Unity of command
Option 2: Unity of direction
Option 3: Order
Option 4: Authority and responsibility
Correct Answer: Unity of command
Solution : According to the principal is the subordinate should receive orders and be accountable to one and only one superior. If a subordinate receives orders from more than one superior he will find it extremely difficult to decide as to whom he has to obey first.
Hence, option A is correct.
Question : Which of the following is NOT one of the 14 Principles of Management as outlined by Henri Fayol?
Option 1: Unity of command
Option 2: Science not the rule of thumb
Option 3: Scalar chain
Option 4: Equity
Correct Answer: Science not the rule of thumb
Solution : Science not the rule of thumb is the principle of tayo, it is not one of the 14 Principles of Management identified by Henri Fayol. The other three options (Unity of command, Scalar chain, and Equity) are all principles identified by Fayol.
Hence, option B is correct.
Question : Which of the following statement is correct?
Statement 1: Under offer for sale method firstly the new securities are offered to an intermediary.
Statement 2: Under public issue method, it is used by those companies who have already issued their shares.
Option 1: Both are true
Option 2: Both are false
Option 3: Statement 1 is true and statement 2 is false.
Option 4: Statement 1 is false and statement 2 is true.
Correct Answer: Statement 1 is true and statement 2 is false.
Solution : Under the offer for sale method, the new securities are first offered to an intermediary, such as an investment bank, which then sells the securities to the public.
Under the public issue method, securities are offered directly to the public for subscription. It can be used by both companies that have already issued shares as well as those that are issuing shares for the first time.
Hence, option C is correct.
Question : Which of the following is an example of the principle of initiative in the management process?
Option 1: A manager discouraging employees from sharing new ideas
Option 2: A manager allowing employees to take the lead in decision-making
Option 3: A manager micro-managing employees' tasks
Option 4: A manager punishing employees for making mistakes
Correct Answer: A manager allowing employees to take the lead in decision-making
Solution : The principle of initiative in the management process states that employees should be encouraged to take the initiative and contribute to decision-making and problem-solving processes. Option B is an example of this principle, as a manager who allows employees to take the lead in decision-making is providing them with the opportunity to exercise their initiative and contribute to the organization's success.
Hence, Option B is correct.
Question : Which of the following statement is correct?
Statement 1- Functional foremanship is the principle of Henri fayol.
Statement 2- Harmony not discord is the principle of scientific management of Taylor.
Option 1: Both are true
Option 2: Both are false
Option 3: Statement 1 is true and statement 2 is false.
Option 4: Statement 2 is true and statement 1 is false.
Correct Answer: Statement 2 is true and statement 1 is false.
Solution : Statement 1 is not correct. Functional foremanship is a principle of scientific management introduced by Frederick Winslow Taylor.
Statement 2 is correct. Harmony not discord is one of the principles of scientific management proposed by Frederick Winslow Taylor. It suggests that there should be cooperation between workers and management, and conflicts should be resolved through mutual understanding and discussion.
Option D is correct.
Question : Which of the following is an example of the principle of unity of command?
Option 1: A team leader reports to two different managers
Option 2: A manager delegates tasks to multiple employees
Option 3: An employee receives instructions from only one supervisor
Option 4: A supervisor supervises multiple teams simultaneously
Correct Answer: An employee receives instructions from only one supervisor
Solution : The principle of unity of command states that each employee should receive instructions from and be accountable to only one supervisor. This helps to avoid confusion, minimize conflict, and ensure clear lines of authority within the organization. Option C is an example of this principle, as the employee receives instructions from only one supervisor, thereby minimizing the possibility of conflicting or confusing instructions from multiple supervisors.
Hence, Option D is correct.
Question : Which of the following is an example of the principle of stability in the management process?
Option 1: A manager constantly changing the organizational structure
Option 2: A manager providing job security to employees
Option 3: A manager regularly changing the job responsibilities of employees
Option 4: A manager promoting employees based on favoritism
Correct Answer: A manager providing job security to employees
Solution : The principle of stability in the management process states that employees should be given job security and stability, which helps to reduce anxiety, increase job satisfaction, and improve productivity.
Hence, Option B is correct.
Question : Which of the following are the reasons for environmental crisis?
Option 1: Extension of many resources
Option 2: Affluent consumption and production standards
Option 3: Both A and B
Option 4: Neither A nor B
Correct Answer: Both A and B
Solution : Following are the reasons for environmental crisis-
- Population explosion and advent of industrial revolution
- Extensive extraction of renewable and non-renewable resources
- Extension of many resources
- Affluent consumption and production standards
- Air and water pollution due to development process
- Global warming and ozone depletion.
Hence Option C is correct.