UGC NET 2017 Paper 3 Management Question Paper (05-Nov-2017)

Question 1

Match the items of the List - I with those of the List - II and indicate the correct code :List - IList - II(a) Positive income elasticity(i) Substitute goods(b) Negative income elasticity  (ii) Complementary goods(c) Positive cross elasticity(iii) Inferior goods(d) Negative cross elasticity(iv) Superior goodsCode :

Accepted Answer

(a)-(iv), (b)-(iii), (c)-(i), (d)-(ii)

Answer

(a)-(ii), (b)-(i), (c)-(iv), (d)-(iii)

Answer

(a)-(i), (b)-(ii), (c)-(iii), (d)-(iv)

Answer

(a)-(i), (b)-(iv), (c)-(ii), (d)-(iii)

Question 2

For the following two statements of Assertion (A) and Reasoning (R), indicate the correct code :Assertion (A) : Ridge Lines in isoquant map set the limits for the positive productivities of the respective inputs used in the production process.Reasoning (R) : Isoquants will slope positively if the use of an input is increased beyond the limit set by the ridge lines.Code :

Accepted Answer

Both (A) and (R) are correct and (R) is correct explanation of (A)

Answer

Both (A) and (R) are correct but (R) is not correct explanation of (A)

Answer

(A) is correct but (R) is not correct

Answer

(A) is not correct but (R) is correct

Question 3

For perfect competition, indicate the correct code for essential conditions from the following :(a) Large number of buyers and sellers(b) Perfect knowledge of the market(c) Homogeneous product for sale(d) Absence of transportation cost(e) Freedom of entry and exit of buyers and sellers from the market(f) Rational Behaviour of buyers and sellersCode :

Accepted Answer

(a), (b), (c), (d), (e) and (f)

Answer

(a), (b), (c), (d) and (f)

Answer

(b), (c), (d), (e) and (f)

Answer

(a), (c), (d), (e) and (f)

Question 4

Match the items of the List - I with those of List - II and suggest the correct code from the following :List - IList - II  (a) GDP(i) National income(b) GDP at factor cost(ii) NDP plus Net flow of income from abroad(c) NNP at factor cost  (iii) Money value of final goods and services produced(d) NNP(iv) Total gross value added by all enterprises in the economy Code :

Accepted Answer

(a)-(iii), (b)-(iv), (c)-(i), (d)-(ii)

Answer

(a)-(i), (b)-(iii), (c)-(ii), (d)-(iv)

Answer

(a)-(iv), (b)-(iii), (c)-(ii), (d)-(i)

Answer

(a)-(ii), (b)-(i), (c)-(iv), (d)-(iii)

Question 5

When an individual is motivated to approach two or more positive but mutually exclusive goals, he is facing which one type of the following conflicts ?

Accepted Answer

Approach - Approach Conflict

Answer

Approach - Avoidance Conflict

Answer

Avoidance - Avoidance Conflict

Answer

Person - Role Conflict

UGC NET 2017 Paper 3 Management Question Paper (05-Nov-2017)

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List - I	List - II
(a) Positive income elasticity	(i) Substitute goods
(b) Negative income elasticity	(ii) Complementary goods
(c) Positive cross elasticity	(iii) Inferior goods
(d) Negative cross elasticity	(iv) Superior goods

List - I	List - II
(a) GDP	(i) National income
(b) GDP at factor cost	(ii) NDP plus Net flow of income from abroad
(c) NNP at factor cost	(iii) Money value of final goods and services produced
(d) NNP	(iv) Total gross value added by all enterprises in the economy