Management, finance and personnel Previous Year Questions with Answers

Question 1 of 11Original Question No.: 46Asked in: June 2008 Paper II

Passage for this question

Read the passage below and answer the questions that follow based on your understanding of the passage: Target areas in community relations are to be stated and they need considerable refinement. The object is to set reasonable goals that can be reasonably met. Failure to spell out specific goals kills some community relations programmes before they get started. In attacking problems on too broad a front, some companies pour money, time and talent down bottomless holes. Lump all of the community’s concerns under one heading Urban crisis and you create at once a single, gargantuan problem and perfect excuse for avoiding it. Sound community relations programmes should give company and community tangible results, not simply warm feelings in doing good by simply doing something. Certainly such programmes should avoid actions that seem patronizing. A telecommunications company had two primary target areas on which it concentrated and in which it felt it had years of experience. The areas are education and employment. The reason for them were simple: as the second largest employer in the country, the company was in constant need of new employees with adequate educational levels and skills. These two areas, even before being reduced to specifies, suggest the corporate potential to the telephone company. PR programmes in there areas may mean more and better qualified employees for the company. Certainly they can mean more wage earners with better, higher-paying jobs as potential customers for the company’s service. The payoff to communities are self evident...... not to mention the values to individuals directly affected. But what was needed by the community in education and employment that company could provide? To find the answer the company had to not only select among apparent and hidden community needs, but to relate those to the corporate resources available for programmes. There resources-common to all business - are people (time and talent), equipment, facilities, and money (aside from the fiscal value of the other three).

In the example given above the PR officials of the company sought help from the about:

Student activities
School finances
Requirements in the class room
Telephone facilities in the school

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Correct answer

C. Requirements in the class room

The keyed response is option 3, “Requirements in the class room”. It directly fits the factual or conceptual cue in this management, finance and personnel question; use the other choices as contrast points during revision.

Question 2 of 11Original Question No.: 47Asked in: June 2008 Paper II

Passage for this question

Read the passage below and answer the questions that follow based on your understanding of the passage: Target areas in community relations are to be stated and they need considerable refinement. The object is to set reasonable goals that can be reasonably met. Failure to spell out specific goals kills some community relations programmes before they get started. In attacking problems on too broad a front, some companies pour money, time and talent down bottomless holes. Lump all of the community’s concerns under one heading Urban crisis and you create at once a single, gargantuan problem and perfect excuse for avoiding it. Sound community relations programmes should give company and community tangible results, not simply warm feelings in doing good by simply doing something. Certainly such programmes should avoid actions that seem patronizing. A telecommunications company had two primary target areas on which it concentrated and in which it felt it had years of experience. The areas are education and employment. The reason for them were simple: as the second largest employer in the country, the company was in constant need of new employees with adequate educational levels and skills. These two areas, even before being reduced to specifies, suggest the corporate potential to the telephone company. PR programmes in there areas may mean more and better qualified employees for the company. Certainly they can mean more wage earners with better, higher-paying jobs as potential customers for the company’s service. The payoff to communities are self evident...... not to mention the values to individuals directly affected. But what was needed by the community in education and employment that company could provide? To find the answer the company had to not only select among apparent and hidden community needs, but to relate those to the corporate resources available for programmes. There resources-common to all business - are people (time and talent), equipment, facilities, and money (aside from the fiscal value of the other three).

Based upon the above passage what is not included in the list of corporate resources:

Past experience of the target group
Talent of the workers
Infrastructure available
Budget available

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Correct answer

A. Past experience of the target group

The keyed response is option 1, “Past experience of the target group”. It directly fits the factual or conceptual cue in this management, finance and personnel question; use the other choices as contrast points during revision.

Question 3 of 11Original Question No.: 55Asked in: December 2013 Paper III

Assertion (A): The Indian media houses have lost their mission and vision relevant to a developing democracy. Reason (R): The media managers are of present generation and lack a sense of social responsibility, as their main motto is to make profits.

Both (A) and (R) are true.
Both (A) and (R) are true, but (R) is not the correct explanation of (A).
(A) is true, but (R) is false.
(A) is false, but (R) is true.

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Correct answer

B. Both (A) and (R) are true, but (R) is not the correct explanation of (A).

Option 2 states the keyed relationship between the assertion and reason: Both (A) and (R) are true, but (R) is not the correct explanation of (A).. Check each statement first, then test whether the reason actually explains the assertion.

Question 4 of 11Original Question No.: 55Asked in: June 2013 Paper III

Assertion (A): The communitarian strategy of development involves communication, peace, democracy and real development. Reason (R): Because it is opposed to market forces and mechanisms aimed a corporate profits. Codes:

Both (A) and (R) are true.
Both (A) and (R) are true, but (R) is not the correct explanation of (A).
(A) is true, but (R) is false.
(A) is false, but (R) is true.

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Correct answer

A. Both (A) and (R) are true.

Option 1 states the keyed relationship between the assertion and reason: Both (A) and (R) are true.. Check each statement first, then test whether the reason actually explains the assertion.

Question 5 of 11Original Question No.: 15Asked in: September 2013 Paper II

The ownership of a newspaper press is administered by the general law of

labour
finance
production
property

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Correct answer

D. property

The keyed response is option 4, “property”. It directly fits the factual or conceptual cue in this management, finance and personnel question; use the other choices as contrast points during revision.

Question 6 of 11Original Question No.: 54Asked in: June 2014 Paper III

Assertion (A): Democracy in India is in peril because of mass media. Reason (R): With too many regional satraps controlling regional media, naturally regional issues dominate regional media. Codes:

Both (A) and (R) are true.
Both (A) and (R) are true, but (R) is not the correct explanation of (A).
(A) is true, but (R) is false.
(A) is false, but (R) is true.

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Correct answer

D. (A) is false, but (R) is true.

Option 4 states the keyed relationship between the assertion and reason: (A) is false, but (R) is true.. Check each statement first, then test whether the reason actually explains the assertion.

Question 7 of 11Original Question No.: 16Asked in: December 2015 Paper III

A television programme becomes a text when it activates __________.

profit motivates
meanings
producers
channels

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Correct answer

B. meanings

The keyed response is option 2, “meanings”. It directly fits the factual or conceptual cue in this management, finance and personnel question; use the other choices as contrast points during revision.

Question 8 of 11Original Question No.: 37Asked in: July 2016 Paper III

The specific items in a TV programme budget are called

essentials
circular items
line items
recurring items

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Correct answer

D. recurring items

The keyed response is option 4, “recurring items”. It directly fits the factual or conceptual cue in this management, finance and personnel question; use the other choices as contrast points during revision.

Question 9 of 11Original Question No.: 60Asked in: July 2018 Paper II

According to Marshall McLuhan, telephone is a __________ medium.

Cool
Hot
Non-profit
Non-Plebian

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Correct answer

A. Cool

The keyed response is option 1, “Cool”. It directly fits the factual or conceptual cue in this management, finance and personnel question; use the other choices as contrast points during revision.

Question 10 of 11Original Question No.: 26Asked in: December 2023 - 13 December 2023, Shift II

What are the function of managers- Planning, organizing Coordination and controlling

Function
Commanding
Skilling
Dictatorship

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Correct answer

B. Commanding

The keyed response is option 2, “Commanding”. It directly fits the factual or conceptual cue in this management, finance and personnel question; use the other choices as contrast points during revision.

Question 11 of 11Original Question No.: 33Asked in: December 2023 - 13 December 2023, Shift II

Which of the following is not a dimension of global cultural flow?

Astroscapes
Technoscapes
Financescapes
Mediascapes

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Correct answer

A. Astroscapes

The keyed response is option 1, “Astroscapes”. It directly fits the factual or conceptual cue in this management, finance and personnel question; use the other choices as contrast points during revision.

Management, finance and personnel

Visual recall · Management cycle

Memory tip

Linked concepts

Year-frequency chart

Questions, answers & explanations

References