Questions

Q:

Project Procurement Management - Processes

Describe the Inputs, Tools and Techniques , Outputs included in the Select Sellers?

Answer

I. Inputs



  • Organizational process assets

  • Procurement management plan

  • Evaluation criteria

  • Procurement document package

  • Proposals

  • Qualified sellers list

  • Project management plan


                 - Risk register


                 - Risk related contractual agreements


II. Tools and Techniques



  • Weighting system

  • Independent estimates

  • Screening system

  • Contract negotiation

  • Seller rating systems

  • Expert judgment

  • Proposal evaluation techniques


III. Outputs



  • Selected sellers

  • Contract

  • Contract management plan

  • Resource availability

  • Procurement management plan (updates)

  • Requested changes

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Q:

How would you deal with an angry client/customer?

Answer



 Don’t take it to heart : Mind, the client is not angry with you, they are displeased with the work of your product or for showing the quality of service that you provide. Your personal emotions are beside the factor.


  Find a solution: Once you understand why the purchaser is unhappy, it is time to provide a solution. Ask him what he feels should be completed or put forward your own truthful and realistic solution to the problem. In maximum cases, that’s all the customer is searching out —and may bring about  providing some degree of satisfaction.


 

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Q:

Who was appointed as NASSCOM chairman in April 2017 ?

A) C P. Gurnani B) Raman Roy
C) Smt. Singha D) None
 
Answer & Explanation Answer: B) Raman Roy

Explanation:

The National Association of Software and Services Companies (Nasscom) appointed Raman Roy (Managing Director of Quatrro Global Services) as its chairman for 2017-2018.

 Rishad Premji (Chief Strategy Officer (CSO), Wipro Limited) has been appointed Vice Chairman. Raman Roy has replaced Mr. CP Gurnani.

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Filed Under: General Awareness
Exam Prep: Bank Exams , CAT
Job Role: Bank Clerk

3 2418
Q:

The chairman of the RBI's committee constituted to review the governance of boards of banks in india

Answer

P J Nayak

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Q:

Middle latitude cyclones are fueled by? 

A) air high in the atmosphere B) polar continental air masses
C) energy from falling precipitation D) All of the above
 
Answer & Explanation Answer: A) air high in the atmosphere

Explanation:

Extratropical cyclones, sometimes called mid-latitude cyclones or wave cyclones, are low-pressure areas which, along with the anticyclones of high-pressure areas, drive the weather over much of the Earth.

 

Middle latitude cyclones are fueled by air high in the atmosphere.

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

2 2417
Q:

The purpose of safety stock is to

A) eliminate the possibility of a stockout B) control the likelihood of a stockout due to the variability of demand during lead time
C) replace failed units with good ones D) eliminate the likelihood of a stockout due to erroneous inventory tally
 
Answer & Explanation Answer: B) control the likelihood of a stockout due to the variability of demand during lead time

Explanation:

The purpose of safety stock is to control the likelihood of a stockout due to the variability of demand during lead time. Stockouts contribute to the direct loss of any type of business.

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

4 2417
Q:

Which is the least populous state in India as per Census2011? 

A) Goa B) Mizoram
C) Bihar D) Sikkim
 
Answer & Explanation Answer: D) Sikkim

Explanation:

As per Census2011, Sikkim state is the least populous state in India with 610543 population.

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

11 2417
Q:

All bones stop growing by the end of adolescence.

A) TRUE B) FALSE
Answer & Explanation Answer: B) FALSE

Explanation:

The given statement "All bones stop growing by the end of adolescence" is a FALSE statement.

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Subject: Biology
Exam Prep: AIEEE , Bank Exams
Job Role: Analyst , Bank Clerk , Bank PO

2 2417