SEBI Grade A 2022– Management Practice Question | Set- 5

0

Management Practice Question for SEBI Grade A 2022

SEBI Grade A Management Practice Question Test. Management study material for SEBI Grade A Exam 2022. Costing, Companies Act, Economics, Commerce & Accountancy, Management and Finance Notes PDF for SEBI Grade A Preparation 2022. As we all know The Security Exchange Board of India (SEBI) has released the SEBI Grade A 2022 Notification for the recruitment of 120+ Assistant Managers across the country.

If you are preparing for SEBI Grade A 2022, you will come across a section on “Commerce & Accountancy, Management, and Finance”. In this post, you will attempt the SEBI Grade A Management Practice Question for your SEBI Grade A Preparation 2022. If you prepare this thoroughly, you can very easily crack SEBI Grade A 2022.

SEBI Grade A 2022 – Management Practice Question | Set-5


1. Engineers Bill Smith & Mikel J Harry who have introduced famous process improvement technique Six Sigma (6σ) were from which famous company?

  1. General Electric
  2. Honeywell
  3. Motorola
  4. Ford Motors
  5. IBM
Show Correct Answers

Correct Answer: C. Motorola

Explanation: Six Sigma (6σ) is a set of techniques and tools for process improvement.It was introduced by engineers Bill Smith & Mikel J Harry while working at Motorola in 1986.Jack Welch made it central to his business strategy at General Electric in 1995.

2. Which category of management theory is often termed as human relations movement?

  1. Scientific Theory of Management
  2. Administrative Theory of Management
  3. Bureaucratic Theory of Management
  4. Behavioral Theory of Management
  5. All the above
Show Correct Answers

Correct Answer: D. Behavioral Theory of Management

Explanation: The behavioral management theory is often called the human relations movement because it addresses the human aspect of work. It asserts that a better understanding of human behavior at work, such as motivation, conflict, expectations etc. are important factor in management.

3. Which function of management deals mainly with Psychological Aspect of Management?

  1. Organizing
  2. Staffing
  3. Controlling
  4. Directing
  5. Planning
Show Correct Answers

Correct Answer: E. Planning

Explanation: In general, all the functions of management deal with multiple aspects of management. However, planning is one such function which require lots of Conceptual Skills which is psychological in nature. Hence Planning primarily deal with Psychological Aspect of Management.

4. Dotmocracy is a technique related to____________________.

  1. Communication
  2. Managing large number of workforces
  3. Electing team lead in a project
  4. Group Decision Making
  5. All the above

Show Correct Answers

Correct Answer: D. Group Decision Making

Explanation: Dotmocracy is a facilitation method that relies on the use of special forms called Dotmocracy Sheets to allow large groups to collectively brainstorm and recognize agreement on an unlimited number of ideas they have authored. This is a Group Decision Making Technique.

Dot-voting (also known as democracy or voting with dots) is an established facilitation method used to describe voting with dot stickers or marks with a marker pen.

In dot-voting participants vote on their chosen options using a limited number of stickers or marks with pens — dot stickers being the most common. This sticker voting approach is a form of cumulative voting.

5. In which situation large span of control within an organization is not desired and not effective?

  1. When high level of performance is needed
  2. When subordinates are highly skilled
  3. When subordinates are highly trainable
  4. When tasks to be performed is routine
  5. All except (b)
Show Correct Answers

Correct Answer: A. When high level of performance is needed 

Explanation: Maintaining a large span of control within an organization is not effective when high level of performance is needed , as manager are required to give more time managing performance of each employee which would be difficult with larger span.

6. “PLUS” is a very famous model in management which is related to___________________________.

  1. Human Resource Management
  2. Organizing function
  3. Decision Making
  4. Communication
  5. Controlling
Show Correct Answers

Correct Answer:  C. Decision Making

Explanation: PLUS Ethical Decision-Making Model is one of the most used and widely cited ethical models. To create a clear and cohesive approach to implementing a solution to an ethical problem; the model is set in a way that it gives the leader “ethical filters” to make decisions. It purposely leaves out anything related to making a profit so that leaders can focus on values instead of a potential impact on revenue.

The letters in PLUS each stand for a filter that leaders can use for decision-making:

P – Policies and Procedures: Is the decision in line with the policies laid out by the company?

L – Legal: Will this violate any legal parameters or regulations?

U – Universal: How does this relate to the values and principles established for the organization to operate? Is it in tune with core values and the company culture?

S – Self: Does it meet my standards of fairness and justice? This particular lens fits well with the virtue approach that is a part of the five common standards mentioned above.

7. The persons who procure bids from investors for the IPO are known as _________________.

  1. Legal adviser
  2. Depository
  3. Underwriters
  4. Syndicate members
  5. Credit rating agency
Show Correct Answers

Correct Answer: D. Syndicate members

Explanation: Initial Public Offer (IPO) means it is the first time a company is issuing its shares on the stock market to raisefunds for its business. IPO are regulated by SEBI under issue of Capital and Disclosure requirements, 2009.Companies generally appoint investment bankers to assist them in the IPO process. The company alsoappoints other agencies to assist in the IPO and syndicate members are the brokers who are registered withSEBI mainly to procure bids from investors for the IPO.

8. Which of the following is not a Financial intermediary?

  1. Merchant Banker
  2. Underwriter
  3. Regulator of an Issue
  4. Bankers to Issue
  5. Registrar to an Issue
Show Correct Answers

Correct Answer: C. Regulator of an Issue

Explanation: Regulator of an Issue is Not a Financial intermediary.

9. Which of the following is not a money market security?

  1. Treasury Bills
  2. Certificate of Deposits
  3. Reverse Repos
  4. Collateralized Borrowing and Lending Obligation
  5. None of the above
Show Correct Answers

Correct Answer: E. None of the above

Explanation: Money Markets have instruments for raising and investing funds for a time frame from 1 day to 365 days. CBLOs, Certificate of deposits, treasury bills, repos/reverse repos and commercial paper are money market securities.

The long-term deposits that happen between banks are known as term markets. The participants of money markets are banks, financial institutions, mutual funds, provident and pension funds, primary dealers, companies and the government.

10. National Payments Corporation of India (NPCI) has been incorporated as a “Not for Profit” Company under the provisions of_____________________________.

  1. Section 25 of Payment and Settlement Systems Act, 2007
  2. Section 20 of Companies Act 1956
  3. Section 15 of Payment and Settlement Systems Act, 2007
  4. Section 8 of Companies Act 2013
  5. Section 8 of Payment and Settlement Systems Act, 2007
Show Correct Answers

Correct Answer: D. Section 8 of Companies Act 2013

Explanation: National Payments Corporation of India (NPCI), an umbrella organization for operating retail payments and settlement systems in India, is an initiative of Reserve Bank of India (RBI) and Indian Banks’ Association (IBA) under the provisions of the Payment and Settlement Systems Act, 2007, for creating a robust Payment & Settlement Infrastructure in India. Considering the utility nature of the objects of NPCI, it has been incorporated as a “Not for Profit” Company under the provisions of Section 25 of Companies Act 1956 (now Section 8 of Companies Act 2013).

SEBI Grade A Free Study Material- Download Free PDF
Commerce & Accountancy Practice Questions Management Practice Questions Finance Practice Questions
Companies Act Practice Questions Costing Practice Questions Economics Practice Questions

SEBI Grade A (Assistant Manager) 2022 Preparation Book (VOL. I) of Commerce & Accountancy, Management, and Finance

Best Book for SEBI Grade A 2022 - Commerce & Accountancy, Management, and Finance
Best Book for SEBI Grade A 2022 – Commerce & Accountancy, Management, and Finance

Note: If you have any suggestion through which we can improve the quality of this “A Complete Book for SEBI Grade A (Assistant Manager) 2022 (VOL. II)”, then please tell us in the comment, we are looking forward to knowing your suggestions and make corrections. For any questions, suggestions, feedback, please E-mail us at support@gsspecial.com  and letsstudytogether01@gmail.com

SEBI Grade A Officer Exam 2022 – Important Links

Official Notification Exam Pattern and Syllabus Preparation Tips & Tricks
Previous Year Paper PDF Best Preparation Books Exam Date
Admit Card SEBI Result Complete Study Material
SEBI Grade A Complete Book (VOL. I) of Commerce Accountancy, Management, and Finance
SEBI Grade A Complete Book (VOL. II) of Costing, Companies Act and Economics