Management Admissions MCQ & Objective Questions
Management Admissions play a crucial role in shaping your academic journey and career path. Understanding the concepts and theories behind management is essential for excelling in exams. Practicing MCQs and objective questions not only enhances your knowledge but also boosts your confidence, helping you score better in your assessments. Engaging with practice questions allows you to identify important questions that frequently appear in exams, ensuring thorough exam preparation.
What You Will Practise Here
Key concepts of management theories and principles
Important definitions related to management functions
Diagrams illustrating organizational structures
Formulas for calculating management metrics
Case studies and their applications in real-world scenarios
Critical analysis of management strategies
Common terminologies used in management studies
Exam Relevance
Management Admissions content is integral to various examinations, including CBSE, State Boards, and competitive exams like NEET and JEE. Questions often focus on theoretical applications, definitions, and case studies. Common question patterns include multiple-choice questions that test your understanding of management principles and their practical implications. Familiarity with these patterns can significantly enhance your performance in exams.
Common Mistakes Students Make
Misunderstanding key management concepts and their applications
Overlooking the importance of diagrams and visual aids in management
Confusing similar terminologies and definitions
Neglecting the practical implications of theoretical knowledge
Rushing through practice questions without thorough analysis
FAQs
Question: What are the best ways to prepare for Management Admissions MCQs?Answer: Regularly practice MCQs, review key concepts, and engage in group discussions to clarify doubts.
Question: How can I identify important Management Admissions questions for exams?Answer: Focus on past exam papers and frequently asked questions in your study materials.
Start your journey towards mastering Management Admissions today! Solve practice MCQs to test your understanding and solidify your knowledge. Every question you tackle brings you one step closer to success in your exams!
Q. In a modular system, if a ≡ b (mod n) and c ≡ d (mod n), which of the following is true?
A.
a + c ≡ b + d (mod n)
B.
a - c ≡ b - d (mod n)
C.
a * c ≡ b * d (mod n)
D.
All of the above
Show solution
Solution
All operations maintain the equivalence in modular arithmetic.
Correct Answer:
D
— All of the above
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Q. In a number system where '2' represents 10, what is the value of '4'?
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Solution
'4' in this system represents 20 in decimal since '2' is 10.
Correct Answer:
B
— 30
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Q. In a number system where 'A' represents 10, 'B' represents 11, and 'C' represents 12, what is the decimal equivalent of 'BAA'?
A.
121
B.
122
C.
123
D.
124
Show solution
Solution
'BAA' = 11*100 + 10*10 + 10 = 121 + 20 + 10 = 121.
Correct Answer:
C
— 123
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Q. In a number system where 'A' represents 10, 'B' represents 11, and 'C' represents 12, what is the decimal equivalent of 'BAC'?
A.
186
B.
187
C.
188
D.
189
Show solution
Solution
'BAC' = 11*16^2 + 10*16^1 + 12*16^0 = 186 + 10 + 12 = 188.
Correct Answer:
B
— 187
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Q. In a number system where 'B' represents 11, what is the value of 'B2' in decimal?
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Solution
'B2' = 11*5^1 + 2*5^0 = 55 + 2 = 57 in decimal.
Correct Answer:
C
— 21
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Q. In a number system, if '100' represents 4, what does '110' represent?
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Solution
'100' in base 4 is 4. '110' in base 4 is 1*16 + 1*4 + 0 = 20, which is 6.
Correct Answer:
B
— 6
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Q. In a number system, if 'C' represents 12, what is the value of 'C0' in decimal?
A.
120
B.
121
C.
122
D.
123
Show solution
Solution
'C0' = 12*10^1 + 0*10^0 = 120 in decimal.
Correct Answer:
A
— 120
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Q. In a number system, if the base is increased, what happens to the number of unique digits available?
A.
It decreases.
B.
It remains the same.
C.
It increases.
D.
It becomes zero.
Show solution
Solution
Increasing the base of a number system increases the number of unique digits available for representation.
Correct Answer:
C
— It increases.
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Q. In a numeral system where the base is 6, what is the value of '34'?
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Solution
'34' in base 6 is calculated as 3*6^1 + 4*6^0 = 18 + 4 = 22.
Correct Answer:
C
— 24
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Q. In a numeral system where the digits are 0, 1, 2, 3, and 4, what is the value of '34' in decimal?
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Solution
'34' in base 5 is calculated as 3*5^1 + 4*5^0 = 15 + 4 = 19.
Correct Answer:
C
— 16
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Q. In a numeral system, what does the term 'base' refer to? (2023)
A.
The number of unique digits used.
B.
The maximum value of a digit.
C.
The total number of digits in a number.
D.
The position of a digit in a number.
Show solution
Solution
The term 'base' refers to the number of unique digits used in a numeral system.
Correct Answer:
A
— The number of unique digits used.
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Q. In a numeral system, what does the term 'place value' refer to?
A.
The value of a digit based on its position.
B.
The total value of all digits combined.
C.
The maximum value a numeral can represent.
D.
The number of digits in a numeral.
Show solution
Solution
Place value refers to the value of a digit based on its position in a numeral.
Correct Answer:
A
— The value of a digit based on its position.
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Q. In a parallelogram, if one angle measures 60 degrees, what is the measure of the opposite angle?
A.
60 degrees
B.
120 degrees
C.
90 degrees
D.
180 degrees
Show solution
Solution
In a parallelogram, opposite angles are equal, so the opposite angle also measures 60 degrees.
Correct Answer:
A
— 60 degrees
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Q. In a parallelogram, if the base is 12 cm and the height is 5 cm, what is the area? (2020)
A.
60 cm²
B.
70 cm²
C.
80 cm²
D.
90 cm²
Show solution
Solution
Area of a parallelogram = base * height = 12 * 5 = 60 cm².
Correct Answer:
A
— 60 cm²
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Q. In a parallelogram, which of the following properties holds true?
A.
All sides are equal.
B.
Diagonals bisect each other.
C.
All angles are right angles.
D.
Only opposite angles are equal.
Show solution
Solution
In a parallelogram, the diagonals bisect each other, which is a defining property of parallelograms.
Correct Answer:
B
— Diagonals bisect each other.
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Q. In a parallelogram, which of the following properties is NOT true?
A.
Opposite angles are equal.
B.
Adjacent angles are supplementary.
C.
All sides are equal.
D.
Diagonals bisect each other.
Show solution
Solution
In a parallelogram, while opposite angles are equal and diagonals bisect each other, all sides being equal is a property of a rhombus, not all parallelograms.
Correct Answer:
C
— All sides are equal.
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Q. In a partnership agreement, what is typically included?
A.
The personal assets of each partner
B.
The method of profit sharing
C.
The partners' family backgrounds
D.
The location of the business
Show solution
Solution
A partnership agreement typically includes the method of profit sharing among the partners.
Correct Answer:
B
— The method of profit sharing
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Q. In a partnership agreement, what is typically outlined? (2023)
A.
The personal lives of the partners
B.
The distribution of profits and losses
C.
The location of the business
D.
The marketing strategy
Show solution
Solution
A partnership agreement typically outlines the distribution of profits and losses among the partners.
Correct Answer:
B
— The distribution of profits and losses
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Q. In a partnership agreement, which clause is essential for defining the roles of each partner?
A.
Profit-sharing clause
B.
Indemnity clause
C.
Duties and responsibilities clause
D.
Termination clause
Show solution
Solution
The duties and responsibilities clause is crucial for outlining the specific roles of each partner.
Correct Answer:
C
— Duties and responsibilities clause
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Q. In a partnership agreement, which clause is essential to avoid future disputes?
A.
Profit-sharing ratio
B.
Business location
C.
Partner's personal interests
D.
Market competition
Show solution
Solution
A clearly defined profit-sharing ratio is essential in a partnership agreement to prevent disputes.
Correct Answer:
A
— Profit-sharing ratio
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Q. In a partnership agreement, which clause is essential to prevent disputes?
A.
Profit-sharing ratio
B.
Business location
C.
Partner's personal interests
D.
Market competition
Show solution
Solution
A clearly defined profit-sharing ratio is crucial to prevent disputes among partners.
Correct Answer:
A
— Profit-sharing ratio
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Q. In a partnership, what does the term 'buy-sell agreement' refer to?
A.
An agreement to sell the business to a third party
B.
A clause that allows partners to buy out each other's shares
C.
An agreement to sell products at a discount
D.
A contract for purchasing supplies
Show solution
Solution
A buy-sell agreement is a legal contract that outlines how a partner's share of the business can be bought or sold.
Correct Answer:
B
— A clause that allows partners to buy out each other's shares
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Q. In a partnership, what does the term 'capital account' refer to?
A.
The total amount of money invested by the partners
B.
The account used for daily business transactions
C.
The account that tracks profits and losses
D.
The account that records partner withdrawals
Show solution
Solution
The capital account refers to the total amount of money invested by the partners in the partnership.
Correct Answer:
A
— The total amount of money invested by the partners
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Q. In a partnership, what does the term 'capital contribution' refer to?
A.
The profits earned by the partnership
B.
The amount of money or assets each partner invests
C.
The liabilities incurred by the partnership
D.
The salary paid to partners
Show solution
Solution
Capital contribution refers to the money or assets that each partner invests into the partnership.
Correct Answer:
B
— The amount of money or assets each partner invests
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Q. In a partnership, what does the term 'joint venture' refer to?
A.
A partnership formed for a specific project
B.
A permanent partnership with no end date
C.
A partnership that requires equal capital contribution
D.
A partnership that is limited to two partners only
Show solution
Solution
A joint venture is a partnership formed for a specific project or purpose, often with a defined time frame.
Correct Answer:
A
— A partnership formed for a specific project
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Q. In a partnership, what does the term 'profit-sharing ratio' refer to?
A.
The ratio of profits to losses
B.
The percentage of profits each partner receives
C.
The ratio of capital contributions
D.
The ratio of partners to employees
Show solution
Solution
The profit-sharing ratio refers to the percentage of profits that each partner receives, which may differ from their capital contributions.
Correct Answer:
B
— The percentage of profits each partner receives
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Q. In a partnership, what is the term for a partner who does not actively participate in the business but is known to the public?
A.
Silent partner
B.
Active partner
C.
General partner
D.
Limited partner
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Solution
A silent partner is one who does not participate in the day-to-day operations but is still recognized as a partner.
Correct Answer:
A
— Silent partner
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Q. In a partnership, what is the term for the share of profits that a partner is entitled to receive?
A.
Dividend
B.
Salary
C.
Draw
D.
Distribution
Show solution
Solution
The term 'distribution' refers to the share of profits that a partner is entitled to receive from the partnership.
Correct Answer:
D
— Distribution
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Q. In a partnership, which document outlines the rights and responsibilities of each partner?
A.
Partnership deed
B.
Memorandum of understanding
C.
Business plan
D.
Articles of incorporation
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Solution
The partnership deed is the legal document that outlines the rights and responsibilities of each partner in the partnership.
Correct Answer:
A
— Partnership deed
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Q. In a partnership, which of the following is NOT typically a reason for dissolution?
A.
Mutual agreement of partners
B.
Insolvency of one partner
C.
Change in business strategy
D.
Increase in profit margins
Show solution
Solution
Increase in profit margins is generally not a reason for dissolution; rather, it is a positive outcome.
Correct Answer:
D
— Increase in profit margins
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