Sreedhar’s CCE I B PS SO-H R- M T–26

I B PS SO M A I N S-H U M A N RESOU RCE-M T - 2 6

1. The term ‘Management’ is defined as
1) An art of getting things done through with the organized group
2) An art of Managing Men over a period of Time

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3) An art of Knowing What You Want To Do in the Best and the Cheapest Manner
4) Management is What Management Does
5) All of the above
2. What is the ‘Nature of Management’?
1) Body of Knowledge (BOK) with underlying principles
ha
2) Bringing about desired results through the application of skills
3) Management is an Art as well as a Science
4) Management is a Profession
5) All of the above
3.

E
The essence of ‘Management’ revolves around
d
1) Managing People in an Organization
2) Managing Resources in an Organization both Internal and External
3) Achievement of the Objectives of an Organization
ee

4) Managing Men over a Period of Time

5) All of the above
4. The Schools of Management Thought or Theories emphasize
1) Philosophies and Approaches for managing the organization
C
2) Principles and Practices of Management
3) Theories and Functions of Management
Sr

4) Rules and Regulations of Management 5) All of the above

5. The School of Management Theory is also called as
1) Traditional School of Management
2) Neo-Classical School of Management
3) Modern School of Management
4) System School of Management 5) None of the above
6. Who propounded the ‘School of Social Systems’?
C
1) Harold Koontz and Cyril O'Donnell 2) HenryFayol
3) MaxWeber 4) McFarland
5) Chester Bernard
7. Who proposed ‘Love and Fear Approach’?
1) Machiavelli 2) Peter. F. Drucker 3) Henry Fayol
4) Colonel L Urwick 5) Max Weber
8. Harold Koontz has classified the Management Theories into
1) 6-Groups 2) 3-Groups 3) 11-Groups 4) 12-Groups 5) None of the above
9. What are the 3-Classical Branches of Management?
1) Scientific Management, Administrative Theoryand Bureaucracy
2) Modern Management, Scientific Management, and General Management
3) General Management, Administrative Theory and Bureaucracy
4) General Management, Scientific Management and Bureaucracy
5) All of theabove

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Sreedhar’s CCE I B PS SO-H R- M T–26
10. Who is the ‘Father of Modern Management’?
1) Peter. F.Drucker 2) Henry Fayol 3) MaxWeber
4) F.W.Taylor 5) Philip Kotler
11. The 4-Principles of Management set forth by Machiavelliare
1) Mass Content, Cohesiveness, Survival and Leadership
2) Power, Authority, Ability and Leadership
3) Knowledge, Ability, Skill and Accomplishment
4) Skill, Assembly Line Operation, Costing Systems and Administration
5) None of the above
12. What is MBWA?

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1) Management By Wandering Around
2) Management By Wholehearted Preparedness
3) Management By Whistleblowing Around
4) Management By WaitAround
5) Management By Walking Around
13.
ha
In what order do Managers typically perform the Managerial Functions?
1) Organizing, Planning, Controlling, Leading
2) Organizing, Leading, Planning,Controlling
3) Planning, Organizing, Leading, Controlling

E
4) Planning, Organizing, Controlling, Leading
5) Planning, Directing, Organizing, Controlling
d
14. What is POSDCORB?
1) Planning, Organizing, Staffing, Directing, Coordinating, Budgeting
2) Planning, Organizing, Staffing, Directing, Controlling, Budgeting
ee

3) Planning, Organizing, Supervision, Directing, Coordinating, Budgeting

4) Planning, Organizing, Staffing, Distributing, Coordinating, Budgeting
5) Planning, Organizing, Supervision, Directing, Controlling, Budgeting
C
15. Who among the following is an ‘Industrial Philonthropist’?
1) Frederick Winslow Taylor 2) Seebohm Rowntree 3) Henry Ford
Sr

4) MaxWeber 5) Jeff Bezos

16. What are the 3-Interpersonal Roles of Managers?
1) Figurehead, Leader and Liaison 2) Spokesperson, Leader,Coordinator
3) Director, Coordinator,Disseminator
4) Communicator, Organizer,Spokesperson
5) Spokesperson, Director, Leader
17. Good Planning is based on
C
1) Principle of Flexibility 2) Principle of Adoptability
3) Principle of Commitment 4) Principle of Efficiency
5) All of the above
18. The Process of Decision Makinginvolves
1) Selection ofpremises
2) Identifying and evaluating alternative courses ofaction
3) Selection of the best course ofaction
4) A conclusion or resolution reached after consideration 5) All of theabove
19. The Polices are
1) Guidelines to decisionmaking
2) The course of action to befollowed
3) Action planes devised for caring out strategies
4) Collection and transmission of relevant data
5) All of the above

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Sreedhar’s CCE I B PS SO-H R- M T–26
20. Management Information System (MIS) deals with
1) Transaction Processing
2) Management Information
3) A part of Electronic Data Processing (EDP)
4) An Information Database Intelligence and Research System
5) All of theabove
21. Of all prime resources of an organization, which are recognized asprime and
pivotal?
1) Money 2) Material 3) Machinery
4) Men (Human Resources) 5) All of the above

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22. The Scope of HRM includes
1) Procurement 2) Development 3) Compensation
4) Training 5) All of theabove
23. HRM is a
1) Proactive Function 2) Reactive Function
3) Combative Function 4) Projective Function
5) None of theabove
ha
24. Who is the Father of HRM?
1) Edward B. Philippo 2) George EltonMayo 3) William F. Glueck
4) Peter F.Drucker

E 5) Frederick Winslow Taylor

25. The 10-C’ s of HRM is developed by
d
1) Alan Price 2) Frederick Winslow Taylor
3) Invancevich andGlueck 4) Dave Ulrich 5) Bob Lauterborn
26. Human Resource Development (HRD) means
ee

1) Learning Experiences designed to bring about BehavioralChange

2) A focus on development of Human Resources to meetchanging organizational
needs
C
3) An integrated approach for improving the performance of HR and organizations
4) A process of increasing the Skills and Knowledge of Employees
Sr

5) All of the above

27. HRD embraces the functions of
1) Man Power Planning, Career Planning, and Development Systems
2) Training and Performance Appraisal Systems
3) Reward Systems and Organizational Development(OD)
4) Talent Acquisition and Talent Retention 5) All of theabove
28. Job Analysis is
C
1) An essential element in HRP
2) A Channel of Promotion and a Line of Transfer
3) The process of evaluating the tasks
4) A Strategy for designing In-Company Training Programs 5) All of the above
29. Training is
1) A short-term process for non-managerial personnel
2) A long-term process for managerial personnel
3) A sustainable proposition for the development of organisation
4) A systematic and organized procedure of ‘Learning’ for general purposes
5) All of the above
30. The concept of ‘Quality Circle’ was first developed by
1) Kaoru Ishikawa 2) Kiichiro Toyoda
3) Genichi Kawakami 4) Hamamatsu Shizuoka
5) William Deming

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Sreedhar’s CCE I B PS SO-H R- M T–26
31. Career Planning is defined as
1) Planning for Progress in Work Life
2) Planning for Progress in Personal Life
3) Planning for Future Man Power
4) A pre-determined future course of action 5) All of the above
32. Career Development looks at
1) Long-term Career Effectiveness and Success
2) Individual Career Development Inside and Outside the Organization
3) Assessment of Individual Career Goals and Plans
4) The Life-long Process of Managing, Learning, Work, Leisure and Transitions

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5) All of the above
33. Successful HRM is essential to
1) Maximize the value of human resources and Socio-economic development
2) Organization growth and success
3) Welfare, Wellness and Well Being of Personal
4) Effectively Recruit and Retain Employees 5) All of the above
ha
34. Human Resource Accounting refers to
1) Systematic recording of transactions relating to Value of Human Resources
2) A process of identifying and measuring data about Human Resources

E
3) Identify and report investments made in the Human Resources of an Organization
4) Valuation of Human Resources, Recording the Valuation in Books of Accounts
d
and Presenting the information in the Financial Statements for communication
5) All of the above
35. The Present Value (PV) of Human Assets to be equal to
ee

1) Total PV of Human Resources less PV of Present Payments to Employees

2) Total PV of Human Resources less PV of Future Payments to Employees
3) Total FV of Human Resources less PV of Payments to Employees
C
4) The FV ofPayments to Employees less PV of Human Resources
5) None of theabove
Sr

36. Investment in Human Capital is often based on

1) Qualitative Assessment 2) Quantitative Assessment 3) Expected Pay-Off
4) Return on the Outlay 5) None of the above
37. What is Human Resource Planning (HRP)
1) Process of forecasting the future and current HR needs
2) A Continuous process of systematic Planning of HR
3) Forecasting Labor demand with supply
C
4) It includes creating recruitment and selection strategy talent and retention
strategy
5) All of the above
38. HRMS stands for
1) Human Resource Management System
2) Human Resource Intelligent System
3) Human Resource Information System
4) Human Resource Planning System
5) Human Capital Management System
39. What is Gig Economy?
1) Exchange of labor for money through digital platforms
2) Bringing People and Organization together
3) A digital platform for acquisition and retention of talent
4) A labor market characterized by short term contracts or free lance work
5) All of the above

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Sreedhar’s CCE I B PS SO-H R- M T–26
40. Treat employees with respect and dignity
1) Bill Gates 2) Waren Buffet
3) Dhiru Bhai Ambani
4) Mahatma Gandhi 5) NarayanaMurthy
41. The term ‘Bank’ refers to
1) A Firm or Institution doing a bonafide banking business
2) An Institution accepts deposits in settlement of other people’s debts
3) An Economic Institution whose main aim is to earn profit through exchange of
money and credit Instruments
4) An Institution registered under Banking Regulation Act, 1949

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5) All of theabove
42. What isSLR?
1) A minimum percentage of deposits that a Commercial Bank has to maintain
in liquid form
2) The amount of funds Banks have to maintain with the RBI at all times
3) The rate at which the RBI lends money to Commercial Banks
ha
4) The rate at which the RBI borrows money from Commercial Banks
5) All of the above
43. What are the Present Rates of CRR, SLR, Repo and Reverse Repo?
1) 4%, 18%, 4%, 3.35%
3) 4%, 4%,18%,3.35%

E 2) 18%,4%, 4%,3.35%
d
4) 18%, 3.5%, 4%, 4% 5) 3.35%,4%, 4%,18%
44. Gresham’s Law states that
1) Bad Money drives Good Money out of circulation
ee

2) Legally overvalued currency will tend to drive undervalued currency out of

circulation
3) More expensive money tends to disappear from circulation because itis
C
counterfeited, hoarded, or exported
4) It operates in reverse in the absence of effectively enforced legal tender laws,
Sr

the Gresham’s Law tends to operate in reverse

5) All of the above
45. How many Public and Private Sector Banks are functioning in India as on 01st
Dec, 2021?
1) 12,22 2) 27, 22 3) 22, 27 4) 22,12 5) 12,27
46. The term ‘Helicopter Money’ is inventedby
1) Ben Bernanke 2) Milton Friedman
C
3) Narendra Modi 4) K. Chandra Sekhar 5) None of the above
47. KYC Norms are also termedas
1) Anti-Money Laundering (AML) Standards
2) Customer Due Diligence Norms(CDD)
3) Enhanced Due Diligence Norms(EDD)
4) FINRA Rules of fair practices 2111
5) All of the above
48. What is Banking Ombudsman Scheme?
1) A ‘Legal Representative’ of the RBI to resolve the complaints of the Clients
2) A Senior Official appointed by the RBI to redress Customer complaints
3) A Quasi-Judicial Authority to resolve the complaints of the Customers
4) Any person appointed under clause 4 of banking ombudsman scheme 2006
5) All of theabove
49. How many Bank Ombudsman Regional Offices are there in India?
1) 16 2) 22 3) 29 4) 31 5) 17

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Sreedhar’s CCE I B PS SO-H R- M T–26
50. What is Priority Sector Lending (PSL)?
1) RBI implores Banks to dedicate funds for specific sectors of the economy
2) Lending to those Sectors of the Economy which may not otherwise receive
timely and adequate credit
3) To channelize credit to the strategic sectors that have been marginalized by
institutional credit
4) For the development of basic needs the GOI and RBI mandated Banks to prioritize
lending to the sectors specified
5) All of the above
51. When Priority Sector Lending (PSL) was formalized in India?

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1) 1966 2) 1969 3) 1972 4) 1980 5) None of the above
52. Which entity regulates and supervises NBFCs?
1) SEBI 2) RBI 3) Ministry of Finance 4) NABARD
4) Ministry of Commerce
53. Banking Regulation Act, 1949, also termed as
1) BankingFirmsAct,1949
ha
2) Banking CompaniesAct,1956
3) The BankingRegulation (Amendment)Act,2020
4) Banking Regulation (Amendment) and Miscellaneous Provisions Act, 2004
5) All ofthe above

E
54. Financial System (FS) comprises of
d
1) Financial Institutions 2) Financial Markets
3) Financial Instruments 4) Financial Services
5) All of theabove
ee

55. Foreign Market in USA is termed as

1) YankeeMarket 2) Samurai Market 3) Bulldog Market
4) Euro Bond Market 5) None of the above
C
56. Primary Market deals with
1) New issuesof securities
Sr

2) Securities which are already issued and available

3) Short-term claims or financial assets
4) Long-term claims or financial assets
5) All of the above
57. Third Market refers to
1) Primary Market 2) Secondary Market
3) Over theCounter Trading 4) Money Lenders Market
C
5) All of the above
58. ‘Over The Counter’ (OTC) Market is
1) An informally organized group of brokers and dealers
2) A negotiated market for securities not listed in Stock Exchanges
3) A decentralized market without a Central Exchange or Broker
4) The market for raising finance for new product development in a cost effective
manner
5) All of the above
59. When was the Banking Ombuds man Scheme first introduced in India?
1) 1980 2) 1991 3) 1995 4) 2020 5) 2006
60. What was the maximum limit of Statutory Liquidity Ratio recommended by
Narasimham Committee Report?
1) 4% 2) 5% 3) 9% 4) 25% 5) None of the above