Questions

Q:

What is true about personal financial planning?

A) Personal financial planning is the process of creating and achieving financial goals B) Our financial decisions decrease once we reach adulthood
C) A family's resources are unlimited D) There are two means for achieving financial goals—you either need to increase your spending or reduce savings
 
Answer & Explanation Answer: A) Personal financial planning is the process of creating and achieving financial goals

Explanation:

Personal financial planning is the process of creating and achieving financial goals.

 

True statements regarding personal financial planning:

As we age, the number and complexity of the financial decisions that we make increases.

There are two means for achieving financial goals—you either need to increase your savings or reduce spending.

A family's resources are limited.

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Filed Under: Finance
Exam Prep: AIEEE , Bank Exams , CAT
Job Role: Analyst , Bank Clerk , Bank PO

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Q:

The ancient goal of astrology was to 

A) make a more accurate model of the universe B) predict human events
C) understand the origin of Earth D) predict the passing of the seasons
 
Answer & Explanation Answer: B) predict human events

Explanation:

The ancient goal of astrology was to predict human events.

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Filed Under: Indian History
Exam Prep: AIEEE , Bank Exams , CAT
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Q:

If the production possibilities curve was a straight line, this would imply that

A) Economic resources are perfectly substitutable, in the production of the two products B) Equal quantities of both products are produced at each possible point on the curve
C) The two products will sell at the same market price D) The two products are equally important to consumers
 
Answer & Explanation Answer: C) The two products will sell at the same market price

Explanation:

A production–possibility frontier (PPF) or production possibility curve (PPC) is the possible tradeoff of producing combinations of goods with constant technology and resources per unit time.

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Filed Under: Indian Economy
Exam Prep: AIEEE , Bank Exams , CAT
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Q:

Capitalism is characterized by which of the following?

A) Profits B) A market economy
C) Privately owned businesses D) All the above
 
Answer & Explanation Answer: D) All the above

Explanation:

Capitalism is an economic system followed by a country or a society which is characterized by Privately owned businesses, a market economy and profits.


Capitalism is defined as "production for exchange" driven by the desire for personal accumulation of money receipts in such exchanges, mediated by free markets. The markets themselves are driven by the needs and wants of consumers and those of society as a whole in the form of the bourgeois state.

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Filed Under: Finance
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Q:

Which best describes the fossil record?

A) The fossil record provides evidence of a common ancestor to many species B) The fossil record is inaccurate because scientists are not able to date fossils
C) The fossil record cannot provide evidence of evolution D) The fossil record provides evidence that disputes the theory of evolution
 
Answer & Explanation Answer: A) The fossil record provides evidence of a common ancestor to many species

Explanation:

A fossil is a traces or remainings of plants and animals that lived in the past. The fossil record provides evidence of a common ancestor to many species is the option that best describes the fossil record.

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Filed Under: General Science
Exam Prep: AIEEE , Bank Exams , CAT
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Q:

Operating system is an example of

A) Application software B) System software
C) Both A & B D) None of the above
 
Answer & Explanation Answer: B) System software

Explanation:

A computer software are of two types. They are :

1. System software

2. Application software

 

Systems software includes the operating system and all the utilities that enable the computer to function. 

 

Application software includes programs that do real work for users.

 

Hence, Operating system is an example of system software.

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Q:

Which state decided to launch Yuva Swabhiman Yojana for urban poor youth?

A) Madhya Pradesh B) Haryana
C) Himachal Pradesh D) Maharashtra
 
Answer & Explanation Answer: A) Madhya Pradesh

Explanation:

Madhya Pradesh state decided to launch Yuva Swabhiman Yojana for urban poor youth.

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Filed Under: General Awareness
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Q:

Promotions and promotion mix :

What about the budget? We want our promotional campaigns to be cost effective enough. I don’t think we can afford celebrity endorsements as of now!

Answer

No problem. We can use network marketing as an alternative. The company already has its strong network of customers who can spread the word about its products. They can encourage referral rewards for say every three customers who will buy our product or avail our service.


We can also announce a contest for the customers to buy the product and win a chance to get himself broadcasted for the product advertisement. We can ask them to send in their photo along with the contest application form which they get alongwith the product they buy. So we don’t have to pay them as we would otherwise have to pay to a celebrity.

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