Questions

Competition  occurs when two or more organisations act independently to supply their products to the same group of consumers.

There are mainly two cases when firms can compete. One is price where firms are selling identical or very similar products, they must compete on price with each firm trying to undercut the others. The other is differentiation. A non-price competition depends on making a product different from those of competitors and by giving it distinctive qualities that are valued by the target market. This might include branding, styling, special features or higher levels of customer service. Good competition provides more options to customers and also brings with it improved  customer services.

Chattisgarh State government has granted permission for the installation of a Geothermal Power Plant at Tattapani area of the Balrampur district to the NTPC and it is the first geothermal power plant in India.

Capital of Niger is Niamey

Throughput : number of processes that complete their execution per time unit.

Turnaround time : amount of time to execute a particular process.

Waiting time : amount of time a process has been waiting in the ready queue.

Response time : amount of time it takes from when a request was submitted until the firstresponse is produced, not output (for time-sharing environment).

Neeraj Chopra became the first Indian javelin thrower to claim a gold medal at the Commonwealth Games, with a season’s best effort of 86.47m in the final. The 20-year-old junior world champion had made the final after achieving the qualifying mark in his very first throw.