Questions

The each degree of latitude is equals to 111 kms approx (69 miles). As Earth is lightly ellipsoid in shape it changes at equator and poles from 110.5 kms to 111.7 kms respectively.

Multi programming: Multiprogramming is the technique of running several programs at a time using timesharing. It allows a computer to do several things at the same time. Multiprogramming creates logical parallelism. The concept of multiprogramming is that the operating system keeps several jobs in memory simultaneously. The operating system selects a job from the job pool and starts executing a job, when that job needs to wait for any i/o operations the CPU is switched to another job. So the main idea here is that the CPU is never idle. 

Multi tasking: Multitasking is the logical extension of multiprogramming .The concept of multitasking is quite similar to multiprogramming but difference is that the switching between jobs occurs so frequently that the users can interact with each program while it is running. This concept is also known as time-sharing systems. A time-shared operating system uses CPU scheduling and multiprogramming to provide each user with a small portion of time-shared system. 

Multi threading: An application typically is implemented as a separate process with several threads of control. In some situations a single application may be required to perform several similar tasks for example a web server accepts client requests for web pages, images, sound, and so forth. A busy web server may have several of clients concurrently accessing it. If the web server ran as a traditional single-threaded process, it would be able to service only one client at a time. The amount of time that a client might have to wait for its request to be serviced could be enormous. So it is efficient to have one process that contains multiple threads to serve the same purpose. This approach would multithread the web-server process, the server would create a separate thread that would listen for client requests when a request was made rather than creating another process it would create another thread to service the request. To get the advantages like responsiveness, Resource sharing economy and utilization of multiprocessor architectures multithreading concept can be used.

Project authorization should not be exclusively based upon the impact of an executive's bonus (many people would agree that it should not ever be based upon an executive's bonus). Answer A, B, and D are common events that predicate the need for project authorization and can evolve into large scope projects.

Hedging is a tool to minimize the risks. It is thus like an 'insurance' where one pays a premium but gets an assured amount in case of some uncertain event to the extent of the loss actually suffered on an equally opposite position for which the hedge was done. Thus, hedger is different from arbitrageur and speculators, as the intention here is not to maximize the profit but to minimize the loss.

E.g. In Capital Markets, suppose an investor has an equity portfolio of Rs. 2 lacs and the portfolio consists of all the major stocks of NIFTY. He thinks the market will improve in the long run but might go on a downside in the shortrun. NIFTY today stands at 4300. To minimize the risk of downfall, he enters into an option contract by buying NIFTY-PUT of strike 4300 at a premium of, say, Rs. 100. Thus, the actual amount paid is Rs. 5,000(lot size of NIFTY is 50). Also, the number of NIFTY-PUTs to be bought will vary on the beta of the portfolio so as to completely hedge the positon. 

India's first Indian Institute of Skills will get in 3 locations viz. Mumbai, Kanpur and Ahmedabad in the country. Ministry of Skill Development and Entrepreneurship has approved the proposal to set up Indian Institute of Skills (IISs) on Not-for-profit Public Private Partnership (N-PPP) basis.

The reason behind these institutes is to promote further growth of the Indian Skills sector overall, new measures have been initiated by the Government of India to establish state of the art training institutions called Indian Institutes of Skill (IISs).

The data bus is Bi-directional because the same bus is used for transfer of data between Micro Processor and momory of input / output devices in both the direction.

About 150 - 200 species of plant, insect, bird and mammal become extinct every day or 24 hrs.

This is not an accurate but an estimation by U.N. Convention on Biological Diversity and Global Extinction Rates. It is also said that current extinctions were 'up to 100 times higher than the background rate.'