UGC NET Commerce 2022 Question Paper & Answers
The official UGC NET Commerce 2022 question papers, with the official answer key. Attempt as a real timed exam (with negative marking) or switch to practice mode for instant per-question answers and explanations.
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Official PYQ
UGC NET Commerce 2022 (December 2022 cycle, Paper 2)
120 Mins 200 Marks
100Questions
200Max Marks
Sample questions from UGC NET Commerce 2022 (December 2022 cycle, Paper 2)
1Which one of the following non-tariff barriers is to be adequately addressed by India while signing FTA with any country that has potential to import fruits, vegetables and other plant-based products from India?
- A) Phytosanitary Regulations
- B) Sanitary Regulations
- C) Complex Registrations
- D) Restrictive customs procedure
Answer: A
2According to the Heckscher-Ohlin theory, which one of the following statements is correct?
- A) Trade should take place among countries that have greater differences in their factor endowments.
- B) A country with a relatively cheaper cost of labour would export labour-intensive products.
- C) Country benefits from international trade even if it is less efficient than other nations.
- D) Countries with the proximity of geographical locations would have greater trade compared to the distant ones.
Answer: A
3Which one of the following FTA was signed in February 2022 and came into force in May 2022?
- A) AI-ECTA Australia - India Economic Cooperation and Trade Agreement
- B) India-UAE Comprehensive Economic Partnership Agreement (CEPA)
- C) India-Nepal Treaty of Trade
- D) India-Singapore Comprehensive Economic Cooperation Agreement (CECA)
Answer: B
4The Government of India on extended the existing Foreign Trade Policy () up to which one of the following on account of volatile global economic and geo-political situation and currency fluctuations?
- A) December 2022
- B) March 2023
- C) September 2023
- D) December 2023
Answer: B
5Which one of the following Ind AS is related to “The Effects of Changes in Foreign Exchange Rates”?
- A) Ind AS 19
- B) Ind AS 115
- C) Ind AS 103
- D) Ind AS 21
Answer: D
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Official PYQ
UGC NET Commerce 2022 (June 2022 cycle, Paper 2)
120 Mins 200 Marks
100Questions
200Max Marks
Sample questions from UGC NET Commerce 2022 (June 2022 cycle, Paper 2)
1Which one of the following is not the guiding principle of World Bank regarding its lending operation?
- A) Proper assessment of the repayment prospects of loans.
- B) Lending should be only for specific projects which are economically and technically sound and of a high priority nature.
- C) The lending should be to enable a country to meet foreign exchange content of the project cost.
- D) The bank does expect the borrowing country to spend the loan in a particular country.
Answer: D
2Portfolio approach to investing is primarily focused on which of the following:
- A) Diversification
- B) Value protection
- C) Return appreciation
- D) Risk optimisation
Answer: D
3SEBI's 'Skin in the game rule' is applicable to which of the following financial intermediaries?
- A) Merchant bankers
- B) Financial Advisors
- C) Mutual funds
- D) Brokerages
Answer: C
4Concentration of all marketing efforts on a small but specific and well defined segment of the population is called:
- A) Niche marketing
- B) Franchising
- C) Ambush marketing
- D) Viral marketing
Answer: A
5A company does not include the value of skills gained by its employees from training programmes in its annual financial statements. Which one of the following accounting concepts is being applied in this case?
- A) Going concern concept
- B) Money measurement concept
- C) Revenue recognition concept
- D) Business entity concept
Answer: B
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