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Q:

You have recently been promoted to a project manager for a clinical testing facility. The team is developing a new product that will cut down on testing interval requirements for a new seizure management medication. After you become involved with the project, you decide to add more research reports, which the customer did not request. This is an example of 

A) Good customer service scope B) Scope creep
C) Due diligence D) Gold Plating
 
Answer & Explanation Answer: D) Gold Plating

Explanation:

Answer A is incorrect because you are providing a service that the customer did not request; therefore, it might not be important to her and unnecessary. Answer B is incorrect because scope creep is generally an expansion of the scope of the project at the customer's request and the customer did not request these reports. Answer C is incorrect because an additional report does not always mean increased diligence with a project.

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Filed Under: PMP Certification

Q:

The Income elasticity demand for farm products is

A) High in India B) No demand at all
C) Very low in India D) High supply and no demand
 
Answer & Explanation Answer: C) Very low in India

Explanation:

Income easticity of demand measures the responsiveness of demand for any goods to changes in income. With increase in incomes generally the demand for farm products like rice wheat etc, will not change drastically. With income increase, demand for luxuries such as consumer durables etc will increase. The income elasticity  of demand for farm products is thus low.

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Filed Under: Indian Economy

Q:

An objective of the National Food Security Mission is to increase the production of certain crops through area expansion and productivity enhancement in a sustainable manner in the identified districts of the country. What are those crops?

A) Rice and Wheat only B) Rice, Wheat and pulses only
C) Rice, Wheat, Pulses and oil seeds only D) Rice, Wheat, Pulses, oil seeds and vegetables
 
Answer & Explanation Answer: B) Rice, Wheat and pulses only

Explanation:
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Filed Under: Indian Economy

Q:

In India, in the overall indexe of Industrial Production , the Indices of Eight Core Industries have a combined weight of 37.90%. Which of the following are among those Eight Core Industries?

1.Cement     2. Fertilizers      3.Natural gas     4. Refinery products     5. Textiles

A) 1 and 5 only B) 2, 3 and 4 only
C) 1, 2, 3 and 4 only D) 1, 2, 3, 4 and 5
 
Answer & Explanation Answer: C) 1, 2, 3 and 4 only

Explanation:
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Filed Under: Indian Economy

Q:

The State which tops in the production of rubber is 

A) Tamil Nadu B) Karnataka
C) Kerala D) Orissa
 
Answer & Explanation Answer: C) Kerala

Explanation:

A uniformly high temperature of 800F and the annual rainfall of 80 inches or more, required by rubber is available in Kerala.

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Filed Under: Indian Geography
Exam Prep: AIEEE , Bank Exams , CAT
Job Role: Bank PO

Q:

Organisms that depend only on raw plant products are said to be 

A) herbivorous B) vegetarian
C) carnivorous D) omnivorous
 
Answer & Explanation Answer: A) herbivorous

Explanation:

Herbivorous organisms are those that take for their food, plant parts like leaves raw in contrast to vegetarian, which means that plant products are taken raw or after being cooked.

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Filed Under: Biology

Q:

Should there be a complete ban on import of sugar by India?

Arguments :

I. No. The production of sugar in India is not sufficient to meet the requirement.

II. No. This will keep the prices of sugar under control as the supply will be adequate.

A) If only argument I is strong B) If only argument II is strong
C) If neither I nor II is strong D) If both I and II are strong
 
Answer & Explanation Answer: D) If both I and II are strong

Explanation:

Import of sugar is directly related with the domestic production of sugar. If import of sugar is banned then it will result in hoarding of sugar besides increase in its prices (due to less supply than the requirement). Hence I is strong. Note that availability of a commodity keeps the prices of the commodity under control. Hence, II is strong.

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Filed Under: Statement and Arguments

Q:

The Chairman of the company urged all the employees to refrain from making long personal calls during working hours in order to boost productivity.

Assumptions : 

I. Majority of the employees may respond positively to the Chairman's appeal

II. Most of the employees may continue to make long personal calls during working hours.

A) If only assumption I is Implicit B) If only assumption II is Implicit
C) If either I or II is Implicit D) If both I and II are Implicit
 
Answer & Explanation Answer: A) If only assumption I is Implicit

Explanation:

I is implicit: when urge someone to do something, you assume a positive response. For the same reason , II is not implicit.

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Filed Under: Statement and Assumptions