McqMate
| 101. |
Under which incentive plan, the minimum wages are guaranteed? |
| A. | Rowan plan |
| B. | Emerson's efficiency plan |
| C. | Bedaux plan |
| D. | All of the above |
| E. | None of the above |
| Answer» D. All of the above | |
| 102. |
A dealer sells a set of tools for Rs. 900 which is 80% more than he paid for it. At what price must he sell the same set to make 120% on the cost? |
| A. | Rs. 1100 |
| B. | Rs. 1300 |
| C. | Rs. 1200 |
| D. | Rs. 1000 |
| E. | Rs. 900 |
| Answer» A. Rs. 1100 | |
| 103. |
Which of the following is not a welfare measure in a factory? |
| A. | Apprenticeship |
| B. | Provision of cold water in summer |
| C. | Canteen |
| D. | Provision of housing |
| E. | Apprenticeship training |
| Answer» E. Apprenticeship training | |
| 104. |
GERT is a |
| A. | computerised PERT chart |
| B. | technique which deals with the probability of a realisation of the activity |
| C. | technique which has become obsolete now |
| D. | None of the above |
| E. | None of the above |
| Answer» B. technique which deals with the probability of a realisation of the activity | |
| 105. |
Who is responsible for an organisation's training and development |
| A. | Top line management |
| B. | Personnel help |
| C. | Fellow employees (senior) |
| D. | Supervisors |
| E. | All of the above |
| Answer» E. All of the above | |
| 106. |
The use of CPM lies in |
| A. | taking corrective measures |
| B. | scheduling and controlling the project |
| C. | planning and controlling the most logical sequence of operations |
| D. | None of the above |
| E. | Supply and demand conditions |
| Answer» C. planning and controlling the most logical sequence of operations | |
| 107. |
For manufacturing firm |
| A. | average costs will rise as output reaches a certain level - then they will begin to fall |
| B. | total costs will rise as output reaches a certain level - then they will begin to fall |
| C. | marginal costs will rise as output reaches certain level - then they will begin to fall |
| D. | average costs will fall as output reaches a certain level - then they will begin to rise |
| E. | None of the above |
| Answer» D. average costs will fall as output reaches a certain level - then they will begin to rise | |
| 108. |
Among the following which is the best example of a short term capital gain? |
| A. | A motor-cycle sold at a marginal loss within a year of its purchase |
| B. | A house held by a real estate dealer for sale, the value of which has increased before purchase |
| C. | A pleasure car sold for more than what was paid for it within 4 months of the purchase |
| D. | A gift which is resold within six months of receipt |
| E. | None of the above |
| Answer» C. A pleasure car sold for more than what was paid for it within 4 months of the purchase | |
| 109. |
UNI standards are followed in |
| A. | Indonesia |
| B. | Italy |
| C. | France |
| D. | India |
| E. | America |
| Answer» B. Italy | |
| 110. |
Standard followed in Germany are known as |
| A. | ISI standards |
| B. | GOST standards |
| C. | ASTM standards |
| D. | DIN standards |
| E. | UNI standards |
| Answer» D. DIN standards | |
| 111. |
Negative slack occurs when |
| A. | dummy activities do not exist |
| B. | dummy activities are large in number |
| C. | events stick to their schedule |
| D. | deficiency of resources occurs |
| E. | None of the above |
| Answer» D. deficiency of resources occurs | |
| 112. |
MIS stands for |
| A. | Multiple individual skills |
| B. | Manufacturing industrial service |
| C. | Mutual inventory supplies |
| D. | Management information system |
| E. | Mass interviewing and selection |
| Answer» D. Management information system | |
| 113. |
Critical path method is good for |
| A. | small projects only |
| B. | large projects only |
| C. | both small and large projects equally |
| D. | None of the above |
| E. | Supply and demand conditions |
| Answer» B. large projects only | |
| 114. |
Group organisational climate |
| A. | Guarantees productivity |
| B. | Affects the efficiency of the operation |
| C. | Can be precisely measured |
| D. | Is prohibitively expensive in a small company |
| E. | All of the above |
| Answer» B. Affects the efficiency of the operation | |
| 115. |
Which of the following is a parallel activity? |
| A. | Wall construction and carpentary work of doors |
| B. | digging of foundation and construction of a well |
| C. | completion of flooring and plastering of walls |
| D. | completing first floor and starting second floor construction |
| E. | None of the above |
| Answer» A. Wall construction and carpentary work of doors | |
| 116. |
Which of the following is not an incentive plan |
| A. | Taylor, 100% incentive plan |
| B. | Rowan plan |
| C. | Standard plan |
| D. | Gantt plan |
| E. | Halsey plan |
| Answer» C. Standard plan | |
| 117. |
Which one of the following is generally not the result of a good layout of an industrial plant? |
| A. | Better service to customers |
| B. | Better quality of product |
| C. | Increased wages |
| D. | Easier maintenance |
| E. | Reduced capital investment |
| Answer» C. Increased wages | |
| 118. |
A bear marker is known as |
| A. | A market of high demand |
| B. | A stock market when prices are going up |
| C. | A stock market when prices ae going down |
| D. | A soft drinks market |
| E. | A market dealing in liquor |
| Answer» C. A stock market when prices ae going down | |
| 119. |
If the life of high speed steel tools is taken as 100% the life of cemented carbide tools will be |
| A. | 300 to 1000 percent |
| B. | 30 to 50 percent |
| C. | 100 to 150 percent |
| D. | 50 to 20 percent |
| E. | 80 to 130 percent |
| Answer» A. 300 to 1000 percent | |
| 120. |
A manufacturer in Tamilnadu sells his goods in Madras. Which tax is applicable on his goods? |
| A. | Central sales tax |
| B. | State sales tax |
| C. | State excise duty |
| D. | Central excise duty |
| E. | None of the above |
| Answer» A. Central sales tax | |
| 121. |
Who among the following was least associated with fundamental work on time and motion study? |
| A. | L.M. Gilbrath |
| B. | F.W.Taylor |
| C. | F.B.Gilbrath |
| D. | Prof.J.K.Gailbreth |
| E. | None of the above |
| Answer» D. Prof.J.K.Gailbreth | |
| 122. |
If the upper and lower control limits are within the allowable width, but are widely separated from them, it can be concluded that |
| A. | control is good but limits need to be re-established |
| B. | the sampling plan needs revision |
| C. | A cheaper and less precise machine might be used |
| D. | control is excellent and no action is needed |
| E. | None of the above |
| Answer» C. A cheaper and less precise machine might be used | |
| 123. |
Which of the following statement regarding PERT is incorrect? |
| A. | It establishes the sequence and the relationship between significant programmes events |
| B. | It is statistical technique which makes decisions |
| C. | It points out slippages before the fact happens and its impact on others |
| D. | It helps to formulate new schedules when the existing schedule cannot be met. |
| E. | None of the above |
| Answer» B. It is statistical technique which makes decisions | |
| 124. |
Bar charts are considered to be suitable for |
| A. | minor works |
| B. | major works |
| C. | dam construction |
| D. | large projects |
| E. | None of the above |
| Answer» A. minor works | |
| 125. |
Choose the wrong statement in respect of value engineering. |
| A. | Value engineering is applied to products which will be produced in future. |
| B. | Value analysis is applied to products already in production |
| C. | Supply and demand conditions |
| D. | Cost is calculated item wise |
| E. | Value engineering deals with improoving quality/performance to satisfy customer. |
| Answer» D. Cost is calculated item wise | |
| 126. |
A negatively skewed curve |
| A. | will have longer tail one the right hand side |
| B. | Will have longer tail on the left hand side |
| C. | implies that mode will be less than the mean |
| D. | implies that the median will be less than the mean |
| E. | None of the above |
| Answer» B. Will have longer tail on the left hand side | |
| 127. |
While PERT is |
| A. | float, slack |
| B. | time, resource |
| C. | event, activity |
| D. | activity, event |
| E. | None of the above |
| Answer» C. event, activity | |
| 128. |
Which of the following is a capital asset? |
| A. | A copy right |
| B. | Stock in trade |
| C. | Property held for sale to customers |
| D. | Shares of stock in a company |
| E. | None of the above |
| Answer» D. Shares of stock in a company | |
| 129. |
Jobs going behind the schedule are conveniently shown in |
| A. | Milestone chart |
| B. | pi chart |
| C. | Bar chart |
| D. | Gantt chart |
| E. | None of the above |
| Answer» D. Gantt chart | |
| 130. |
Current assets - current liabilities |
| A. | Turn over |
| B. | Share value index |
| C. | Current value of the firm |
| D. | Working capital |
| E. | Book value of the firm |
| Answer» D. Working capital | |
| 131. |
A facility extended by an employer to his employees other than wages and salaries is |
| A. | Parity |
| B. | Compensation |
| C. | Claim |
| D. | Perquisites |
| E. | None of the above |
| Answer» D. Perquisites | |
| 132. |
In time and motion study, the symbol 'O' represents |
| A. | Operation |
| B. | Quantity inspection |
| C. | Temporary storage |
| D. | Quality inspection |
| E. | Obvious delay |
| Answer» A. Operation | |
| 133. |
Which statement does not describe human resource objectives? |
| A. | Human resource objectives assume that the future of the organisation is linked to the future of the work force |
| B. | Objectives can be short term as well as long term |
| C. | Set objectives work to limit growth as well as guard against failure |
| D. | Planning objective is the first step in the human resource planning process |
| E. | Objectives are geared to affect the future |
| Answer» C. Set objectives work to limit growth as well as guard against failure | |
| 134. |
A factory is insured for 80% of its value at 5/12%. The premium is Rs. 500. What is the total value of the house? |
| A. | Rs. 150,000 |
| B. | Rs. 180,000 |
| C. | Rs. 120,000 |
| D. | Rs. 240,000 |
| E. | Rs. 220,000 |
| Answer» A. Rs. 150,000 | |
| 135. |
CPM is a technique based on |
| A. | neither event nor activity |
| B. | activity |
| C. | event |
| D. | Operation chart |
| E. | event and activity |
| Answer» B. activity | |
| 136. |
The advantage of product layout is |
| A. | Lower total materials handling cost |
| B. | Lower total production time |
| C. | Less work-in-process |
| D. | Less floor area required per unit of production |
| E. | All of the above |
| Answer» E. All of the above | |
| 137. |
Therblig colour for search is |
| A. | brown |
| B. | blue |
| C. | black |
| D. | None of the above |
| E. | Supply and demand conditions |
| Answer» C. black | |
| 138. |
In case the value of variance is more, then |
| A. | certainly is more |
| B. | probability of certainty is more |
| C. | uncertainty is more |
| D. | None of the above |
| E. | None of the above |
| Answer» C. uncertainty is more | |
| 139. |
In case of comented carbide tools the back rake angle is positive while machining |
| A. | Mild steel |
| B. | Aluminium |
| C. | Hard steel |
| D. | Brass |
| E. | Carbon steel |
| Answer» B. Aluminium | |
| 140. |
A family spends 25% of its income for food, 7 |
| A. | 250 weeks |
| B. | 200 weeks |
| C. | 150 weeks |
| D. | 100 weeks |
| E. | 300 weeks |
| Answer» B. 200 weeks | |
| 141. |
At 'break even point' |
| A. | Constant expenses = Profits |
| B. | Total sales = variable expenses |
| C. | Variable expenses - Profits = Total sales |
| D. | None of the above |
| Answer» D. None of the above | |
| 142. |
In which case value engineering may not be relevant? |
| A. | Shopping plaza |
| B. | Gas turbine blade ring |
| C. | Electric fan |
| D. | Automobile |
| E. | None of the above |
| Answer» B. Gas turbine blade ring | |
| 143. |
To obtain solution of material problem so that the cost of handling will be minimum is |
| A. | Simplex method |
| B. | Queuing theory |
| C. | Transport method |
| D. | Value engineering |
| E. | None of the above |
| Answer» C. Transport method | |
| 144. |
Loan of purchase of car is a |
| A. | incentive scheme |
| B. | bonus plan |
| C. | fringe benefit |
| D. | Perk |
| E. | None of the above |
| Answer» C. fringe benefit | |
| 145. |
Bin cards are used in |
| A. | Stores |
| B. | Preventive maintenance |
| C. | Machine loading |
| D. | Fixing targets |
| E. | Quality control |
| Answer» A. Stores | |
| 146. |
The basic tool in work study is |
| A. | Planning chart |
| B. | Process chart |
| C. | Bar chart |
| D. | Stop watch |
| E. | Shop layout |
| Answer» D. Stop watch | |
| 147. |
Shewart control charts are used in |
| A. | Work study |
| B. | Motion study |
| C. | Quality control |
| D. | All of the above |
| E. | None of the above |
| Answer» C. Quality control | |
| 148. |
Total sales less cost of manufacturing gives |
| A. | Taxable profit |
| B. | Net |
| C. | Book profit |
| D. | Distributable profit |
| E. | Gross profit |
| Answer» E. Gross profit | |
| 149. |
The economic life of a building is considered to be at an end under which of the following conditions? |
| A. | When the cost of repairs is more than the income |
| B. | When the income from the building fails to justify its existence |
| C. | When the capitalization rate becomes high |
| D. | When the directional growth of area is turned away from it |
| E. | When thebuilding facilities become obsolete |
| Answer» B. When the income from the building fails to justify its existence | |
| 150. |
In queuing theory one faces with the situation that |
| A. | the queue keeps on lengthening as the time passes |
| B. | mean service rate is greater than mean arrival rate |
| C. | mean service rate increases as the length of the queue increases |
| D. | None of the above |
| E. | Supply and demand conditions |
| Answer» B. mean service rate is greater than mean arrival rate | |
| 151. |
The chart used to review the overall sequence of an operation by focusing either the movement of operators or materials is called |
| A. | SIMO chart |
| B. | Gaunt chart |
| C. | Flow process chart |
| D. | NEMA chart |
| E. | Operation chart |
| Answer» C. Flow process chart | |
| 152. |
Which of the following is incorrect with reference to work study? |
| A. | Normal time = Representative time + Rating factor |
| B. | Normal time = Representative time x Rating factor |
| C. | Standard time = Normal time |
| D. | Standard time = Normal time x Allowances |
| E. | None of the above |
| Answer» B. Normal time = Representative time x Rating factor | |
| 153. |
Negative float can occur |
| A. | in cse of normal activity |
| B. | in case of critical activityonly |
| C. | in case of sub-critical activity only |
| D. | in case of super-critical activity only |
| E. | None of the above |
| Answer» D. in case of super-critical activity only | |
| 154. |
All of the following types of companies have board of directors EXCEPT |
| A. | Public sector undertakings |
| B. | Private limited companies |
| C. | Public limited companies |
| D. | Cooperative societies |
| E. | None of the above |
| Answer» D. Cooperative societies | |
| 155. |
The binding material in diamond tools is |
| A. | Cobalt |
| B. | Graphite |
| C. | Carbon |
| D. | Cement |
| E. | None of the above |
| Answer» E. None of the above | |
| 156. |
Apprenticeship training is applicable to |
| A. | Industries employing more than 500 workers |
| B. | All industries |
| C. | Only small scale industries |
| D. | Only large industries |
| E. | Only medium and large industries |
| Answer» A. Industries employing more than 500 workers | |
| 157. |
While selecting site for a regional paint, which factory services (is) are to be looked into? |
| A. | Adequacy of supply of power |
| B. | Water supply |
| C. | Sewage disposal system |
| D. | Availability of manpower |
| E. | All of the above |
| Answer» E. All of the above | |
| 158. |
Which of the following is the symptom of bad layout? |
| A. | congestion of materials on the shop floor |
| B. | excessive amount of work-in-process |
| C. | poor utilization of space |
| D. | All of the above |
| E. | None of the above |
| Answer» D. All of the above | |
| 159. |
A house valued at Rs. 47,500 is insured for 4/5 of its value at 1 |
| A. | Rs. 592.50 |
| B. | Rs. 950 |
| C. | Rs. 1475 |
| D. | Rs. 1187.50 |
| E. | 475 |
| Answer» E. 475 | |
| 160. |
In the short run, the competitive firm can maximise its profits (or minimise its losses) by |
| A. | equating price and marginal revenue |
| B. | equating price and average total cost |
| C. | increasing marginal cost and lowering average fixed costs |
| D. | equating marginal cost and marginal revenue |
| E. | None of the above |
| Answer» D. equating marginal cost and marginal revenue | |
| 161. |
CPM is oriented to |
| A. | activity |
| B. | Supply and demand conditions |
| C. | time |
| D. | cost |
| E. | objective |
| Answer» A. activity | |
| 162. |
The advantage of process layout is |
| A. | Less duplication of equipment |
| B. | Greater flexibility of production |
| C. | Better control of complicated or precision processes |
| D. | Easier to handle breakdown of equipment |
| E. | All of the above |
| Answer» E. All of the above | |
| 163. |
A house costs Rs. 1000,000. Incidental expenses and taxes amount to Rs. 3600 a year. What rent per month must the owner receive to clear 6% of his investment? |
| A. | Rs. 700 |
| B. | Rs. 600 |
| C. | Rs. 650 |
| D. | Rs. 750 |
| E. | Rs. 800 |
| Answer» E. Rs. 800 | |
| 164. |
Of the following, which one constitutes an implicit cost to a firm? |
| A. | Profits realised from current production |
| B. | Payments made on leased equipment |
| C. | Salaries paid to its legal consultants |
| D. | Depreciation charges on company owned equipment |
| E. | None of the above |
| Answer» D. Depreciation charges on company owned equipment | |
| 165. |
Which of the following is a disciplinary action |
| A. | Promotion |
| B. | Transfer |
| C. | Separation |
| D. | Training |
| E. | Suspension |
| Answer» E. Suspension | |
| 166. |
Analysis of an operation, when carried out in terms of individual motions of a worker is known as |
| A. | work analysis |
| B. | motion analysis |
| C. | operation analysis |
| D. | None of the above |
| E. | Supply and demand conditions |
| Answer» B. motion analysis | |
| 167. |
In time and motion study, the symbol 'X' represent |
| A. | Crossing |
| B. | Opposite directional movements |
| C. | Rejections |
| D. | Completion of operation |
| E. | None of the above |
| Answer» E. None of the above | |
| 168. |
Safety guards on machines should be |
| A. | Put in position of desired by the operator |
| B. | Used if they do not reduce the production |
| C. | Never used |
| D. | Used sometimes |
| E. | Always in position |
| Answer» E. Always in position | |
| 169. |
By introducing a dummy activity in a network |
| A. | unique numbering system for different activities is maintained |
| B. | time is consumed additionally |
| C. | logical sequence of activities is disturbed |
| D. | Supply and demand conditions |
| E. | resource is allocated additionally |
| Answer» A. unique numbering system for different activities is maintained | |
| 170. |
The mortgage market is generally highly sensitive to |
| A. | A drop in deposits at saving in post offices |
| B. | A drop in pension fund assets |
| C. | The stock market |
| D. | A drop in deposits at commercial banks |
| E. | The yield on common stocks |
| Answer» D. A drop in deposits at commercial banks | |
| 171. |
Which one of the following is not the aim while taking insurance policy? |
| A. | An asset that can be gifted |
| B. | Protection against loss |
| C. | Protection of family in case of sudden death of bread winner |
| D. | Income tax reduction |
| E. | Savings |
| Answer» A. An asset that can be gifted | |
| 172. |
For standardisation of steel, the series used in British standards is known as |
| A. | A series |
| B. | AB series |
| C. | En-series |
| D. | There is no such series in British standards |
| E. | S series |
| Answer» C. En-series | |
| 173. |
The advantage of cost plus pricing system is |
| A. | It over plays the precision of allocated costs |
| B. | It ignores demand. |
| C. | It does not reflect the effect of competitors |
| D. | It does not take into account the birth of potential competitors |
| E. | It always yields profit |
| Answer» E. It always yields profit | |
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