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Q:

Which of the following are in descending order of their value?

A) 5/9, 7/11, 8/15, 11/17	B) 5/9, 8/15, 11/17, 7/11
C) 11/17 , 7/11, 8/15, 5/9	D) 11/17, 7/11, 5/9, 8/15

Answer & Explanation Answer: D) 11/17, 7/11, 5/9, 8/15

Explanation:

Converting each of the given fractions into decimal form, we get

5/9 = 0.55, 7/11 = 0.63, 8/15 = 0.533, 11/17 = 0.647

Clearly, 0.647>0.63>0.55>0.533

so , 11/17 > 7/11 > 5/9 > 8/15

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Filed Under: Decimal Fractions

Q:

The Principal purpose of Akbar in following the Strategy of befriending Rajputs and seeking their cooperation was to

A) Secure matrimonial alliances	B) Strengthen the foundations of Mughal Empire in India
C) Wipe out Afghan power from the land	D) Check the inflow of foreign invaders of india

Answer & Explanation Answer: B) Strengthen the foundations of Mughal Empire in India

Explanation:

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Filed Under: Indian History

Q:

It is necessary to adopt suitable measures to prevent repetition of bad debts by learning from the past experiences of mounting non-performing assets of banks.

Courses of Action:

I. Before granting loan to customers their eligibility for loan should be evaluated strictly.

II.To ensure the payment of instalments of loan, the work, for which loan was granted, should be supervised minutely on regular basis.

A) Only I follows	B) Only II follows
C) Neither I nor II follows	D) Both I and II follow

Answer & Explanation Answer: D) Both I and II follow

Explanation:

To ensure that debts taken are repaid promptly, the customer's requirements and future prospects ought to be studied and their work constantly checked. Thus, both the courses follow.

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Filed Under: Statement and Courses of Action

Q:

The Government has decided not to provide financial support to voluntary organisations from next Five Year Plan and has communicated that all such organisations should raise funds to meet their financial needs.

Courses of Action:

I. Voluntary organisations should collaborate with foreign agencies.

II. They should explore other sources of financial support.

A) Only I follows	B) Only II follows
C) Neither I nor II follows	D) Both I and II follow

Answer & Explanation Answer: B) Only II follows

Explanation:

The problem arising is shortage of funds. So, alternative sources of financial support need to be worked out first. Thus, only course II follows.

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Filed Under: Statement and Courses of Action

Q:

Designing pricing strategies and programs :

How do sellers respond to price changes of their competitors?

Answer

In the light of competition, it may be seen that competitors may initiate price changes. If the cutting off on prices does not affect the company, then the current pricing strategy itself can be continued to maintain the profitability of the company. However if the price change on one firm is affecting the other, then it can:

a.reduce the product price at par with competitors’ price or below competitors’ price

or

b. Provide added advantage to the existing product like better quality, or ‘a buy one get one free’ offer.

or

c.Provide better quality of the product at a higher price thereby not being at par with the competitors.

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Subject: Marketing and Sales

Q:

Selecting and managing marketing channels :

On what criteria can channel members be evaluated for their proper selection?

Answer

The SCPCA method can be used to evaluate channel members.

a) Sales (S): How much sales each channel member can give within a cetain time frame

b) Cost(C): How much cost would be incurred for each channel?

c) Profitability(P): Which channel can give better profitability to the company?

d) Control(C): Whether company can have better control over its channel members or not.

e) Adaptability (A): Whether the channel alternatives are flexible enough to any changes or not. The channel meeting the objectives of the company is selected

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Subject: Marketing and Sales

Q:

Why do you think companies outsource their call centers?

Answer

There are mainly four reasons for a company to outsource its call center:

a) Cost saving

b) Focus on core activities

c) Access to special enterprise which has expertise in the domain.

d) Other resource related reasons like relieving resource constraints, reducing staff.

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Subject: Call Center

Q:

Two trains starting at the same time from two stations 200 km apart and going in opposite directions cross each other at a distance of 110 km from one of the stations. What is the ratio of their speeds?

A) 9 : 20	B) 11 : 9
C) 11 : 20	D) None of these

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