kset.uni-mysore.ac.in Commerce Sample Question Paper : University of Mysore
University : University of Mysore
Exam : Karnataka State Eligibility Test (KSET) Center for Lecturership
Document Type : Previous Question Paper
Subject : Commerce
Website : http://kset.uni-mysore.ac.in/
Download Model/Sample Question Paper :
Paper – I : https://www.pdfquestion.in/uploads/10308-Commerce-I.pdf
Paper – II : https://www.pdfquestion.in/uploads/10308-Commerce-III.pdf
Answers Key : https://www.pdfquestion.in/uploads/10308-COMMERCEKEY.pdf
Commerce Sample Question Paper :
Time : 1 Hour 15 Minutes
Maximum Marks : 100
Note :
** This paper contains fifty (50) objective type questions.
** Each question carries two (2) marks.
** All questions are compulsory.
Realated / Similar Question Paper : Mysore University KSET General Question Paper
1. Liberalisation means
(A) Opening up of the economy to the world market
(B) Reducing the unwanted restriction on trade and industry
(C) Reducing the number of reserved industries to a few
(D) Welcoming more foreign direct investment into the economy
2. Statements :
I. Penetration pricing is most suitable for electronic goods.
II. The objective of skimming price policy is to penetrate the market with the lowest possible price.
(A) Both are correct
(B) I correct, II wrong
(C) I wrong, II correct
(D) Both are wrong
3. Which of the following is not an element of micro environment of business ?
(A) Trade policy
(B) Suppliers
(C) Competitors
(D) Public
4. Which of the following is not an instrument of monetary policy ?
(A) Statutory Liquidity Ratio
(B) Open Market Operations
(C) Levying Taxes
(D) Cash Reserve Ratio
5. Match the following legislations with the year of their enactment :
a. Foreign Exchange i. 1948 Management Act
b. Factories Act ii. 1999
c. Monopolies and iii. 1986 Restrictive Trade Practices Act
d. Consumer Protection iv. 1969
6. In which one of the following methods of charging depreciation shall the balance never be reduced to zero ?
(A) Fixed Installment Method
(B) Depreciation Fund Method
(C) Diminishing Balance Method
(D) Depletion Unit Method
8. Garner Vs. Murray rule applies in case of
(A) Admission of a partner
(B) Dissolution of a firm
(C) Retirement of a partner
(D) Death of a partner
9. A company offered 5,000 shares for subscription. The company received applications for 6,000 shares. The shares were allotted on pro-rata basis. If X has applied for 180 shares how many shares would be allotted to him ?
(A) 180 shares
(B) 200 shares
(C) 150 shares
(D) 175 shares
10. Cost of goods sold is calculated as
(A) Cost of goods manufactured + Opening stock of finished goods – Closing stock of finished goods
(B) Cost of goods manufactured – Opening stock of finished goods – Closing stock of finished goods
(C) Cost of goods manufactured – Opening stock of finished goods + Closing stock of finished goods
(D) Cost of goods manufactured + Opening stock of finished goods + Closing stock of finished goods
11. Elasticity of demand for necessities is
(A) Infinite
(B) Equal to zero
(C) More than one
(D) Less than one
12. Price discrimination is possible and profitable when different markets have
(A) Different elasticity of demand
(B) Inelastic demand
(C) Same elasticity of demand
(D) Infinite elasticity of demand
13. A seller can sell additional quantity of his product without reducing the price in
(A) Monopoly market
(B) Oligopoly market
(C) Perfectly competitive market
(D) Monopolistic market
14. An example of derived demand is
(A) Milk
(B) Money
(C) Manufactured goods
(D) Fertilizers
15. When marginal utility is negative, total utility
(A) increases
(B) is negative
(C) decreases
(D) is zero
16. Chi-square test can be used only when
(A) all the items in the sample are independent
(B) all the items in the sample are dependent
(C) all the items are disbursed abnormally
(D) the sampling method is non-random
17. When skewness is zero,
(A) Mean is equal to median but not mode
(B) Mean is equal to median and mode
(C) Mean is equal to mode but not median
(D) Mean, median and mode will have different values
18. Factor analysis is a
(A) Univariate statistical technique
(B) Bivariate statistical technique
(C) Multivariate statistical technique
(D) Simple statistical technique
19. When the population of the study is not properly defined
(A) It is a sampling error
(B) It is a non-sampling error
(C) It is not an error at all
(D) None of the above
20. The line of authority is clearly defined
(A) Principle of unity of command
(B) Principle of equity
(C) Principle of scalar chain
(D) Principle of authority and responsibility