Question : There are few words missing in the passage given below. The options given contain an answer that will fit in those given blanks. Choose the correct word to be used to make the sentence coherent and grammatically correct.
Cricket is not just considered a sport in India; it’s a passion, an emotion, and often 1) _________________ into a religion! But just like any other activity, the larger the scale, the greater is its ecological 2) _________________.
3) _________________ suggest that amount of water needed to maintain a cricket pitch – at roughly 20,000 litres per day – can serve the daily drinking water needs of around 2,600 people. So, this is one of the reason that the board that controls cricket in India and its most-popular league are looking at ways to 4) _________________ some environmental impacts related with the country’s most loved sport.
One of the step taken in order to contribute for the same happened on May 9, 2022, when Rajasthan Royals joined hands with the energy management and automation firm Schneider Electric to host the first carbon-5) _________________ cricket match against Delhi Capitals on May 11.
Choose the correct word to be used in blank 3.
Option 1: decorum
Option 2: estimates
Option 3: enumerate
Option 4: dispatch
Correct Answer: estimates
Solution : The correct option is estimates.
Estimates suggest that amount of water needed to maintain a cricket pitch – at roughly 20,000 litres per day
Explanation:
The only word which will fit the blank to make the sentence coherent is estimates
Meaning of the rest of the words
Decorum — behaviour that is well-mannered.
Enumerate- to specify or count.
Dispatch- the sending of someone or something to a destination or for a purpose.
Answer laterQuestion : Assertion: Lower-level management is responsible for creating long-term strategic plans.
Reason: They have a better understanding of the organization's day-to-day operations.
Option 1: Both assertion and reason are correct, and the reason explains the assertion.
Option 2: Both assertion and reason are incorrect.
Option 3: The assertion is correct, but the reason is incorrect.
Option 4: The assertion is incorrect, but the reason is correct.
Option 5: Both assertion and reason are correct, and the reason is not the correct explanation of the assertion.
Correct Answer: The assertion is incorrect, but the reason is correct.
Solution : The correct answer is (d) The assertion is incorrect, but the reason is correct.
The assertion that lower-level management is responsible for creating long-term strategic plans is incorrect. Strategic planning is typically the responsibility of senior leadership, such as the CEO, executive team, and board of directors. Lower-level management may be involved in the planning process, but they are not primarily responsible for creating the strategic plan.
The reason given for the assertion, that lower-level management has a better understanding of the organization's day-to-day operations, is correct. However, this does not mean that they are better equipped to create long-term strategic plans. Strategic planning requires a broader perspective, including consideration of the organization's mission, vision, values, and external environment. Senior leadership is better positioned to take this broader perspective and to develop a strategic plan that will guide the organization over the long term.
Question : Case Study 78
GHI Ltd. is a conglomerate that has recently traded its shares on a stock exchange. The company's management is reviewing the process of placing an order.
Question :
What is the first step in the process of trading securities on a stock exchange?
Option 1: Settlement
Option 2: Execution of the order
Option 3: Dematerialization
Option 4: Placing an order
Correct Answer: Placing an order
Solution : The correct answer is (d) Placing an order
The first step in the process of trading securities on a stock exchange is "placing an order." Investors initiate the trading process by placing orders to buy or sell securities at a specified price. Once the order is placed, it is then processed, matched with corresponding buy or sell orders, and eventually executed at the prevailing market price. After execution, the subsequent steps such as settlement, where the ownership and funds are transferred, take place.
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Question : Case Study 17:
ABC Ltd. is a retail company that has been facing challenges in meeting government regulations related to packaging and waste management.
Q:- How can understanding government policies help ABC Ltd. in meeting regulations related to packaging and waste management?
Option 1: By seeking government subsidies
Option 2: By finding alternative suppliers
Option 3: By complying with the regulations and adopting eco-friendly practices
Option 4: By reducing the workforce
Correct Answer: By complying with the regulations and adopting eco-friendly practices
Solution : The correct answer is (C) By complying with the regulations and adopting eco-friendly practices
Understanding government policies can help ABC Ltd. in meeting regulations related to packaging and waste management by enabling the company to comply with the regulations and adopt eco-friendly practices. This approach involves aligning the company's operations with the specific regulatory requirements, implementing sustainable packaging and waste management practices, and ensuring adherence to government-mandated standards.
Question : Case Study: XYZ Electronics Pvt. Ltd.
XYZ Electronics Pvt. Ltd. is a growing company specializing in the manufacturing of electronic gadgets. The management believes in effective directing to ensure smooth operations. Consider the following scenario to answer the questions.
Question:
The directing process at XYZ Electronics involves aligning employees' efforts with the organization's:
Option 1: Financial objectives
Option 2: Managerial decisions
Option 3: Vision and goals
Option 4: Hierarchical structure
Correct Answer: Vision and goals
Solution : The correct answer is (c) Vision and goals.
The directing process involves guiding and leading employees to work in a way that aligns with the organization's overall vision, goals, and objectives. This ensures that employees understand the organization's purpose and are focused on contributing to its success in a coordinated manner.
Question : Which of the following statement is correct regarding the principles of management?
Option 1: The principles of management are rigid prescriptions which have to be followed absolutely.
Option 2: The principles of management do not apply to all types of organisations.
Option 3: The principles aim at influencing behaviour of human beings.
Option 4: None of the above.
Correct Answer: The principles aim at influencing behaviour of human beings.
Solution : The principles of management are mainly behavioural.The principles aim to influence their unpredictable behaviour in order to achieve organisational goals. Manager Sahab to deal with human behaviour because all work is done by human beings. Human behaviour is very complex and dynamic in nature.
Hence, option C is correct.
Question : Which institution in India provides training and education to farmers on modern agricultural practices?
Option 1: Indian Council of Agricultural Research (ICAR)
Option 2: Agricultural Technology Management Agency (ATMA)
Option 3: Krishi Vigyan Kendra (KVK)
Option 4: Food and Agriculture Organization (FAO)
Correct Answer: Krishi Vigyan Kendra (KVK)
Solution : The correct answer is (c) Krishi Vigyan Kendra (KVK).
Krishi Vigyan Kendra (KVK) is an institution in India that provides training and education to farmers on modern agricultural practices. KVKs are agricultural extension centers established by the Indian Council of Agricultural Research (ICAR) to bridge the gap between scientists and farmers. They serve as knowledge and resource centers for disseminating agricultural technologies and providing training and education to farmers, rural youth, and other stakeholders.
KVKs conduct various capacity-building programs and demonstrations to promote the adoption of improved agricultural practices, crop diversification, integrated pest management, soil health management, water conservation techniques, and other sustainable farming methods. They also provide technical guidance, organize field days, farmer-scientist interactions, and disseminate information through publications and workshops.
KVKs play a crucial role in enhancing the knowledge and skills of farmers, empowering them to make informed decisions and adopt modern agricultural practices. They contribute to the overall agricultural development and rural empowerment in India.
Question : Case Study: XYZ Tech Solutions
XYZ Tech Solutions is a software development company known for its innovative products. The company is managed by three levels of management: top management, middle-level management, and lower-level management. XYZ Tech Solutions aims to be a market leader by providing cutting-edge technology solutions and excellent customer support.
Which level of management in XYZ Tech Solutions is responsible for ensuring the smooth execution of day-to-day operations?
Option 1: Top management
Option 2: Middle-level management
Option 3: Lower-level management
Option 4: -
Correct Answer: Lower-level management
Solution : The correct answer is (c) Lower-level management
Lower-level management, also known as first-line or front-line management, is primarily responsible for overseeing and managing the daily operations of the organization. They ensure that tasks and processes are carried out efficiently and according to established plans. Top management focuses on strategic decisions, and middle-level management may coordinate activities within departments and translate top-level strategies into specific plans, but lower-level management plays a more direct role in day-to-day operations.
Question : Case Study:
XYZ Logistics uses standardization and simplification of work to streamline its operations. Which technique of scientific management is being applied here?
Option 1: Time Study
Option 2: Fatigue Study
Option 3: Method Study
Option 4: Standardization and Simplification of Work
Correct Answer: Standardization and Simplification of Work
Solution : The correct answer is (d) Standardization and Simplification of Work
Standardization and Simplification of Work technique involves standardizing and simplifying work processes to enhance efficiency and productivity. It aims to eliminate unnecessary steps, reduce complexity, and optimize the workflow by standardizing the methods and making them simpler and more efficient.
In summary, XYZ Logistics using standardization and simplification of work to streamline its operations aligns with the technique of "Standardization and Simplification of Work," which involves simplifying work processes and making them more efficient by standardizing methods.
