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Question Bank GIC Assistant Manager Specialist Stream (Management) Exam - English
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Management

Question 1Single Answer
Which section of the RBI Act, 1934, empowers the Reserve Bank of India to issue directions to banking companies for priority sector lending ?
  1. A
    Section 21
  2. B
    Section 35 A
  3. C
    Section 35 AA
  4. D
    Section 36 AD
Question 2Single Answer
Under the RBI Act, 1934, which section deals with the power of the Reserve Bank of India to regulate the flow of credit to particular areas or sectors ?
  1. A
    Section 21
  2. B
    Section 35 A
  3. C
    Section 35 AA
  4. D
    Section 36 AD
Question 3Single Answer
Which section of the Banking Regulation Act, 1949, deals with the prohibition on the employment of staff who have been convicted of an offense involving dishonesty or moral turpitude ?
  1. A
    Section 9
  2. B
    Section 10
  3. C
    Section 12
  4. D
    Section 12 A
Question 4Single Answer
Which section of the Banking Regulation Act, 1949, deals with the appointment of a banking ombudsman for the resolution of customer complaints ?
  1. A
    Section 21
  2. B
    Section 35 A
  3. C
    Section 35 AA
  4. D
    Section 36 AD
Question 5Single Answer
.... refers to the act or skill of controlling and making decisions about a business, team, organisation, etc.
  1. A
    Management
  2. B
    Organisation
  3. C
    Planning
  4. D
    None of these
Question 6Single Answer
Management includes
  1. A
    Planning
  2. B
    Organising
  3. C
    Staffing
  4. D
    All of these
Question 7Single Answer
The father of scientific management is
  1. A
    Taylor
  2. B
    Mayo
  3. C
    Simon
  4. D
    Fayol
Question 8Single Answer
"Management is simply the process of decision - making and control over the action of human being for the expressed purpose of attaining the pre - determined goals." This statement is given by
  1. A
    Stanley Vance
  2. B
    Drucker
  3. C
    Rose Moore
  4. D
    None of these
Question 9Single Answer
"To manage is to forecast and plan, to organise, to command, to coordinate and to control." This statement is given by               
  1. A
    Theo Haimann
  2. B
    Taylor
  3. C
    Rose Moore
  4. D
    None of these  
Question 10Single Answer
"Management is the development of people and not the direction of things. Management is personnel administration". This statement is given by
  1. A
    Stanley Vance
  2. B
    Drucker
  3. C
    Lawrence and Appley
  4. D
    None of these
Question 11Single Answer
Which of the following points are related to management concept as a noun ?
  1. A
    Management as a career
  2. B
    Management as a system of authority
  3. C
    Management as a discipline
  4. D
    All of the above
Question 12Single Answer
Which of the following points are related to management concept as a verb ?
  1. A
    Management as a leadership
  2. B
    Management as an art of increasing productivity
  3. C
    Management as integration of efforts
  4. D
    All of the above
Question 13Single Answer
"Management is the development of people and not the direction of things." This definition is given by
  1. A
    Lawrence and Appley
  2. B
    Taylor
  3. C
    Rose Moore
  4. D
    None of these
Question 14Single Answer
Management is
  1. A
    An art
  2. B
    Science
  3. C
    Both (a) and (b)
  4. D
    None of these
Question 15Single Answer
What are the features of management ?
  1. A
    A social process
  2. B
    Universal
  3. C
    Continuous Process
  4. D
    All of these
Question 16Single Answer
Management is a creative and ....... process
  1. A
    Systematic  
  2. B
    Organised
  3. C
    Continuous
  4. D
    Planned
Question 17Single Answer
"It help an organisation to achieve the pre - defined goals." This statement is suitable for
  1. A
    Management
  2. B
    Organising
  3. C
    Both (a) and (b)
  4. D
    None of these
Question 18Single Answer
Management concept is not static. It is true or false ?
  1. A
    True
  2. B
    False
  3. C
    Can't say
  4. D
    None of these
Question 19Single Answer
Which of the following statements are correct for management ?
  1. A
    Management involves decision - making
  2. B
    Management is need at all levels in the organisation
  3. C
    Management is an integrative process
  4. D
    All of the above
Question 20Single Answer
Management is needed at
  1. A
    Top level
  2. B
    Middle level
  3. C
    Lower level
  4. D
     All level
Question 21Single Answer
Inspired by Fayol, Harold and Cyrill propounded a new school of thought known as
  1. A
    The Management Process School
  2. B
    The Empirical School
  3. C
    The Human Behaviour School
  4. D
    The Social System School
Question 22Single Answer
Which of the following statements is incorrect for management ?
  1. A
    Management is art
  2. B
    Management is profession
  3. C
    Management is purposeful
  4. D
    All of these
Question 23Single Answer
.... aims at optimum utilisation of scare resources of an organisation for the benefit of the community as a whole .
  1. A
    Trade
  2. B
    Industry
  3. C
    Management
  4. D
    None of these
Question 24Single Answer
Management consists of special knowledge, formal training method and there is a great demand for managment education. This statement indicates
  1. A
    Managment is a profession
  2. B
    Management is a science
  3. C
    Managemetn is an art
  4. D
    None of these
Question 25Single Answer
Management does not cease to work even after the goal is achieved. This statement indicates
  1. A
    Management is purposeful
  2. B
    Management is continuous
  3. C
    Management is pervasive
  4. D
    None of these
Question 26Single Answer
Which of the following are objective (s) of management ?
  1. A
    Getting maximum results with monimum efforts
  2. B
    Increasing the efficiency of factors of prouction
  3. C
    Maximum prosperity for employer and employees
  4. D
    All of the Above
Question 27Single Answer
Which of the following are not objective (s) of managent ?
  1. A
    Human betterment and social justice
  2. B
    Minimise the element of risk
  3. C
    Both (a) and (b)
  4. D
    None of the above
Question 28Single Answer
Which of the following is the primary step of management ?
  1. A
    Planning
  2. B
    Controlling
  3. C
    Staffing
  4. D
    None of these
Question 29Single Answer
..... is determination of future course of action to achieve desired goals .
  1. A
    Controlling
  2. B
    Direction
  3. C
    Organising
  4. D
    None of these
Question 30Single Answer
Choose the second step of management .
  1. A
    Planning
  2. B
    Organising
  3. C
    Controlling
  4. D
    None of these
Question 31Single Answer
The last step of managment is
  1. A
    Controlling
  2. B
    Direction
  3. C
    Organising
  4. D
    None of these
Question 32Single Answer
Henry Fayol classified managerial functions as forecasting, planning, organising, .... Co - ordination and controlling .
  1. A
    Commanding
  2. B
    Staffing
  3. C
    Both (a) and (b)
  4. D
    None of these
Question 33Single Answer
Which of the following functions can be viewed as a separate function of managment according to managment experts ?
  1. A
    Staffing
  2. B
    Organising
  3. C
    Controlling
  4. D
    None of these
Question 34Single Answer
According to Smiddy, the main functions of management are
  1. A
    Planning
  2. B
    Organising
  3. C
    Directing
  4. D
    All of these
Question 35Single Answer
Activities that relates to running a company, school or any organisation are turmed as
  1. A
    Staffing
  2. B
    Controlling
  3. C
    Commanding
  4. D
    Administration
Question 36Single Answer
Directing function of management implies
1. Planning
2. Staffing
3. Leadership
4. Motivation
Choose the correct answer using the codes given below :
  1. A
    1 and 2
  2. B
    3 and 4
  3. C
    2 and 4
  4. D
    2, 3 and 4
Question 37Single Answer
The basic question (s) of planning are
  1. A
    What is to be done
  2. B
    When is it to be done
  3. C
    How is it to be done
  4. D
    All of these
Question 38Single Answer
Organising is
  1. A
    Dividing work into feasible tasks
  2. B
    Grouping of such tasks in the form of position
  3. C
    Position into department and sections
  4. D
    All of the above
Question 39Single Answer
Which of the following functions of management involves man power planning, selection, training and development of future managers ?
  1. A
    Staffing
  2. B
    Organising
  3. C
    Planning
  4. D
    None of these
Question 40Single Answer
Effective execution of the decision is made possible by
  1. A
    Staffing
  2. B
    Direction
  3. C
    Organising
  4. D
    None of these

Reasoning

Question 41Single Answer
How many such pairs of letters are there in the word ‘CLEANLINESS’ each of the which has as many letters between them in the word as they have in the English alphabet, in the same sequence?
  1. A
    Two
  2. B
    Three
  3. C
    Five
  4. D
    Four
  5. E
    None of these
Question 42Single Answer
Team A has scored more goals than Team B
Team C has scored fewer goals than Team B
Team A has scored fewer goals than Team C .
If the first two statements are true, the third statement is
  1. A
    True
  2. B
    False
  3. C
    Uncertain
  4. D
    None
Question 43Single Answer
If it is possible to make only one meaningful word with the second, the third, the sixth and the eight letters of the word FRAGMENT using each only once, which of the following will be the third letter of that word ? If no such word can be formed, give ‘X’ as the answer and if more than one such word can be formed, give ‘Y’ as the answer.
  1. A
    A
  2. B
    E
  3. C
    T
  4. D
    X
  5. E
    Y
Question 44Single Answer
How many such letters are there in the word ORIENTAL each of which is as far away from the beginning of the word as when they are arranged alphabetically?
  1. A
    None            
  2. B
    One         
  3. C
    Two       
  4. D
    Three        
  5. E
    More than three
Question 45Single Answer
How many such pairs of letters in the word CREDIT each of which has as many letters between them in the word as in the English alphabet?
  1. A
    None
  2. B
    One
  3. C
    Two
  4. D
    Three
  5. E
    More than three
Question 46Single Answer
How many meaningful words can be made from the letters ‘LMEA’ using each letter only once in each word?
  1. A
    None
  2. B
    One
  3. C
    Two
  4. D
    Three
  5. E
    More than three
Question 47Single Answer
If it is possible to make only one meaningful word with the first, the second, the seventh and the eighth letters of the word TEMPORAL, which of the following will be the first letter of that word? If more than one such word can be made, give ‘Y’ as the answer and if no such word can be made, give ‘X’ as the answer.
  1. A
    T
  2. B
    L
  3. C
    E
  4. D
    Y
  5. E
    X
Question 48Single Answer
If the letters of the word HANDOVER are arranged alphabetically from left to right how many letters will remain at the same position?
  1. A
    None
  2. B
    One
  3. C
    Two
  4. D
    Three
  5. E
    More than three
Question 49Single Answer
How many such pairs of letters are there in the word EXCURSION, each of which has as many letters between them in the word as they have in the English alphabet?
  1. A
    None
  2. B
    One
  3. C
    Two
  4. D
    Three
  5. E
    More than three
Question 50Single Answer
If it is possible to make only one meaningful word with the first, the second, the third, the sixth and the eighth letters of the word DEVIATION first letter of that word is your answer? If more than one such word can be made formed your answer is ‘A’  and if no such word can be formed your answer is ‘B’.
  1. A
    V
  2. B
    T
  3. C
    E
  4. D
    A
  5. E
    B
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