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This section includes 2956 Mcqs, each offering curated multiple-choice questions to sharpen your UPSC IAS Exam knowledge and support exam preparation. Choose a topic below to get started.
| 1401. |
Law of returns to scale applies when……… |
| A. | All inputs cost are variable |
| B. | All input cost are fixed |
| C. | All cost are partly fixed and partly variable |
| D. | None |
| Answer» B. All input cost are fixed | |
| 1402. |
Which management theorist is responsible for the motivation-hygiene theory? |
| A. | Abraham Maslow |
| B. | Dale Hawthorne |
| C. | Peter Drucker |
| D. | Frederick Herzberg |
| Answer» E. | |
| 1403. |
Total variable cost curve is explained by |
| A. | Law of the diminishing marginal returns |
| B. | The price of the variable inputs |
| C. | Production function |
| D. | All the three |
| Answer» E. | |
| 1404. |
What sort of goals does Management By Objectives (MBO) emphasize? |
| A. | Tangible, verifiable and measurable |
| B. | Achievable, controllable and profitable |
| C. | Challenging, emotional and constructive |
| D. | Hierarchical, attainable and effective |
| Answer» B. Achievable, controllable and profitable | |
| 1405. |
The vital data of a country are given below: GNP at MP = `99,000, Net factor income abroad = (-) 560 Capital consumption allowance = `6,100, Net indirect tax = `8,470 From the above, estimate of GNP at factor cost = |
| A. | `90,530 |
| B. | `91,000 |
| C. | `89,990 |
| D. | `93,100 |
| Answer» B. `91,000 | |
| 1406. |
If the disposal income of a household increases by 10% and the demand for X commodity increased by25%. The income elasticity of X is |
| A. | 1.5 |
| B. | -0.5 |
| C. | 2.5 |
| D. | -2.5 |
| Answer» D. -2.5 | |
| 1407. |
If RBI wants to decrease the money supply in order to check inflation it will |
| A. | Sell bonds |
| B. | Increase CRR |
| C. | Hike bank rate |
| D. | All or any of the above three |
| Answer» E. | |
| 1408. |
Conflict that relates to the content and goals of the work is termed _____ conflict. |
| A. | explicit |
| B. | task |
| C. | relationship |
| D. | process |
| Answer» C. relationship | |
| 1409. |
Cross elasticity of complementary products will be |
| A. | Infinite |
| B. | Zero |
| C. | > 1 |
| D. | < 0 |
| Answer» E. | |
| 1410. |
The difference between personal disposable income and personal income is |
| A. | Indirect taxes |
| B. | Subsidies |
| C. | Transfer payments |
| D. | Personal taxes. |
| Answer» E. | |
| 1411. |
Whose concept states that interpersonal and human relations may lead to productivity |
| A. | Elton Mayo |
| B. | Henry Fayol |
| C. | F.W. Taylor |
| D. | Max Weber |
| Answer» B. Henry Fayol | |
| 1412. |
Marginal cost can be equal to Average variable cost when |
| A. | Average variable cost is falling |
| B. | Average variable cost is increasing |
| C. | Average variable cost is constant |
| D. | Under any of the above situations |
| Answer» D. Under any of the above situations | |
| 1413. |
Getting work done with a minimum effort, expense, or waste is the definition of __________. |
| A. | Management |
| B. | Planning |
| C. | Efficiency |
| D. | Effectiveness |
| Answer» D. Effectiveness | |
| 1414. |
At a given time and in a given marketplace, the entire market demand curve indicates the |
| A. | quantity of a good consumers would be willing and able to purchase at a given price. |
| B. | quantity of a good consumers would be able to purchase at a series of prices. |
| C. | quantity of a good consumers want to purchase at a given price |
| D. | quantity of a good consumers have purchased at a series of prices over the year. |
| Answer» C. quantity of a good consumers want to purchase at a given price | |
| 1415. |
In a closed economy savings are equal to ……………….. at the equilibrium level of income. |
| A. | Investments |
| B. | Wages |
| C. | Income-Investments |
| D. | Wages – Consumption |
| Answer» B. Wages | |
| 1416. |
……………………………..Groups have members who have similar presenting problems or are similar ingender, ethnicity, or social backgroun(d) |
| A. | Heterogeneous |
| B. | Ideal |
| C. | Dynamic |
| D. | Homogeneous |
| Answer» E. | |
| 1417. |
An individual's belief that he or she is capable of performing a task is called: |
| A. | Self-actualization |
| B. | Self-worth |
| C. | Self-efficacy |
| D. | Self-importance |
| Answer» D. Self-importance | |
| 1418. |
Which of the following is not a type of elasticity in economics………………… |
| A. | Income elasticity |
| B. | Price elasticity |
| C. | Utility elasticity |
| D. | Cross elasticity |
| Answer» D. Cross elasticity | |
| 1419. |
What is the quantity demanded and supplied at the equilibrium price (Ref. Q. No. 278) |
| A. | 20,000 |
| B. | 22,000 |
| C. | 21,000 |
| D. | 19,000 |
| Answer» C. 21,000 | |
| 1420. |
Organizational structure is made up of key elements. Which of the following is not one of theseelements? |
| A. | Span of control |
| B. | Centralization |
| C. | Decentralization |
| D. | Co-ordination |
| Answer» E. | |
| 1421. |
As a certain type of clothing becomes more fashionable, we would expect its equilibrium price |
| A. | to decrease and quantity will remain constant |
| B. | and quantity will decrease |
| C. | to increase and quantity to decrease |
| D. | and quantity to increase |
| Answer» E. | |
| 1422. |
Conflict is dysfunctional when it: |
| A. | provides a medium to release tension. |
| B. | reduces group cohesiveness. |
| C. | fosters an environment of self-evaluation and change. |
| D. | provides a means for releasing tensions. |
| Answer» C. fosters an environment of self-evaluation and change. | |
| 1423. |
Which is the apex bank for agricultural credit in India? |
| A. | RBI |
| B. | SIDBI |
| C. | NABARD |
| D. | IDBI |
| Answer» D. IDBI | |
| 1424. |
Demand curve of an Oligopoly firm is characterized by |
| A. | Horizontal to X axis |
| B. | Kink at the price |
| C. | U shaped curve |
| D. | A liner line |
| Answer» C. U shaped curve | |
| 1425. |
Under perfect market conditions an Industry is said to be in equilibrium where |
| A. | Total output is equal to total demand |
| B. | Profit is maximum |
| C. | Where the total revenue is maximum |
| D. | Where total average cost is the minimum |
| Answer» B. Profit is maximum | |
| 1426. |
If production possibility frontier is linear it implies |
| A. | Constant opportunity cost |
| B. | Economy is stagnant |
| C. | Underemployment of factor of production |
| D. | With the increase in production, opportunity cost also increases |
| Answer» B. Economy is stagnant | |
| 1427. |
Production possibility curves shows maximum combinations of -----products |
| A. | 1 |
| B. | 2 |
| C. | 3 |
| D. | 4 |
| Answer» C. 3 | |
| 1428. |
The overall process of decision making in, for example, staff selection includes which of these stages? |
| A. | Deciding which candidate to appoint |
| B. | Identifying the need for a new member of staff |
| C. | Agreeing the job specification |
| D. | All of the above |
| Answer» E. | |
| 1429. |
Which of these is not a determinant of aggregate supply |
| A. | Quantity demanded |
| B. | Price of the product under consideration |
| C. | Relative price of other goods |
| D. | Future expectations about prices |
| Answer» B. Price of the product under consideration | |
| 1430. |
Two Commodities X and UY can be inferred as complementary to each other if |
| A. | Increase in price of one leads to increase in demand of other and vice versa |
| B. | Increase in price of one leads to decrease in demand of other and vice versa |
| C. | Fall in price of one lead to fall in demand of other one |
| D. | Increase in price of one leads to increase in demand of other one |
| Answer» C. Fall in price of one lead to fall in demand of other one | |
| 1431. |
If the cross price elasticity of demand for two product is negative, then the two products are ………………. |
| A. | Complementary to each other |
| B. | Perfectly substitute for each other |
| C. | Completely competitive |
| D. | Unrelated |
| Answer» B. Perfectly substitute for each other | |
| 1432. |
According to the text, the categories of antecedent conditions for conflict include all of the followingexcept: |
| A. | communication. |
| B. | structure. |
| C. | group interaction. |
| D. | personal variables. |
| Answer» D. personal variables. | |
| 1433. |
…………….. may start a price war in order to grab a larger share of market |
| A. | Oligopoly |
| B. | Duopolies |
| C. | Monopolist |
| D. | Monopolistic competition |
| Answer» B. Duopolies | |
| 1434. |
A ______ organizational structure is the simplest form and has clear lines of authority and ease ofdecision making. |
| A. | Horizontal |
| B. | Line |
| C. | Vertical |
| D. | Staff |
| Answer» C. Vertical | |
| 1435. |
The coefficient of price elasticity of demand is calculated as……….. |
| A. | The change in price divided by the change in quantity demand |
| B. | The percentage change in quantity demand by the percentage change in price |
| C. | The change in quantity demanded by the change in price |
| D. | The percentage change in price by the percentage change in demand |
| Answer» C. The change in quantity demanded by the change in price | |
| 1436. |
Which one of the following characteristics is part of the definition of a group? |
| A. | unstable relationship |
| B. | interdependent effort |
| C. | personal accountability |
| D. | independent behaviour |
| Answer» C. personal accountability | |
| 1437. |
Which of the following is no step in the forecasting process? |
| A. | determine the use of the forecast |
| B. | eliminate any assumptions |
| C. | determine the time horizon |
| D. | validate and implement the results |
| Answer» C. determine the time horizon | |
| 1438. |
A supply curve parallel to X axis means the product supply is |
| A. | Limited |
| B. | Unlimited |
| C. | Not available |
| D. | None |
| Answer» C. Not available | |
| 1439. |
In the long run a firm in perfect competition earns |
| A. | Normal profit only |
| B. | Abnormal profit |
| C. | Average profit of past five years |
| D. | 12.33% profit on capital employed |
| Answer» B. Abnormal profit | |
| 1440. |
Employee recognition can: |
| A. | Be a strong motivator. |
| B. | Lead to unrealistic expectations. |
| C. | Help with MBO program implementation. |
| D. | Assist with goal setting. |
| Answer» B. Lead to unrealistic expectations. | |
| 1441. |
Which of the following is called an input to a system? |
| A. | Materials |
| B. | Products |
| C. | Services |
| D. | Employee behavior |
| Answer» E. | |
| 1442. |
Which one of the following is not part of the traditional view of conflict? |
| A. | inevitable |
| B. | must be avoided |
| C. | indicates malfunctioning |
| D. | harmful |
| Answer» B. must be avoided | |
| 1443. |
It has been identified that there are 6 Pillars of Character that are important to adopting and ethicalperspective in leadership development. Can you name four of the six? |
| A. | Trustworthiness, Respect, Responsibility, Fairness, Caring and Citizenship |
| B. | Ruthlessness, Drive, Determination, Toughness, Supportive, Action orientated |
| C. | Supportive, intelligent, insightful, good communicator, toughness, Fair |
| D. | Caring, softness, intelligent, decisive, team player, communicator |
| Answer» B. Ruthlessness, Drive, Determination, Toughness, Supportive, Action orientated | |
| 1444. |
A positive sloped supply curve for a product represents |
| A. | Supply will move with movement in the price in the opposite direction |
| B. | Supply will move with the movement in the price in the same direction |
| C. | Both |
| D. | None |
| Answer» C. Both | |
| 1445. |
The jackpot on a gaming machine has not 'dropped' for several weeks. Believing that the payout isimminent, a gambler feeds coins steadily to the machine. What does this behavior illustrate? |
| A. | Escalation of commitment |
| B. | A display of overconfidence |
| C. | Decision making under uncertainty |
| D. | Changing subjective probabilities |
| Answer» B. A display of overconfidence | |
| 1446. |
The theory that an individual tends to act in a certain way, with the expectation that the act will befollowed by a given outcome and according to the attractiveness of the outcome is _____. |
| A. | Equity theory |
| B. | Three-needs theory |
| C. | Motivation-hygiene theory |
| D. | Expectancy theory |
| Answer» B. Three-needs theory | |
| 1447. |
In the Union Budget, profits from public sector undertakings are taken under |
| A. | Revenue receipts |
| B. | Capital receipts |
| C. | Monetized receipts |
| D. | Planned expenditure |
| Answer» B. Capital receipts | |
| 1448. |
If the available workers are unaware of the jobs being offered and the employers are not aware of the available workers, such type on unemployment is called |
| A. | Frictional unemployment |
| B. | Structural unemployment |
| C. | Disguised unemployment |
| D. | Demand pull unemployment. |
| Answer» B. Structural unemployment | |
| 1449. |
With respect to factors that affect reorganization, when a single change triggers off a sequence ofrelated changes, it is called the |
| A. | Halo effect |
| B. | Hawthorne effect |
| C. | Domino effect |
| D. | Sensitivity effect |
| Answer» D. Sensitivity effect | |
| 1450. |
The dimension of the conflict-handling intention labeled assertiveness is: |
| A. | the degree to which one party attempts to satisfy his/her own concerns. |
| B. | the degree to which one party attempts to satisfy the other party’s concerns. |
| C. | the degree to which one party attempts to satisfy everyone’s concerns. |
| D. | the degree to which one party is competitive. |
| Answer» B. the degree to which one party attempts to satisfy the other party’s concerns. | |