Questions

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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Q:

What occurs during the appropriations process?

A) Congress acquires requested oversight material from the executive. B) Congress instructs the president to eliminate federal agencies.
C) Congress grants funds to federal agencies. D) Congress makes laws.
 
Answer & Explanation Answer: C) Congress grants funds to federal agencies.

Explanation:

Appropriations are annual decisions made by Congress about how the federal government spends some of its money. In general, the appropriations process addresses the discretionary portion of the budget – spending ranging from national defense to food safety to education to federal employee salaries, but excludes mandatory spending, such as Medicare and Social Security, which is spent automatically according to formulas.

 

Hence, congress grants funds to federal agencies and programs during the appropriations process.

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

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Q:

Which statement best defines a communist government?

A) A communist government is an autocracy. B) A communist government is led by one political party.
C) A communist government gives power to the party leader. D) A communist government allows for limited voting.
 
Answer & Explanation Answer: B) A communist government is led by one political party.

Explanation:

The statement "A communist government is led by one political party" is what best defiines a communist government. Here in this type of government, the power is in the hands of the one political party and it only controls the political and economic systems of the country/state.

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Filed Under: Indian Politics
Exam Prep: AIEEE , Bank Exams , CAT , GATE
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Q:

Which African countries are the members of the East African Development Bank

A) Kenya B) Tanzania
C) Uganda D) All the above
 
Answer & Explanation Answer: D) All the above

Explanation:
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Filed Under: World Organisations

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Q:

'Abadan' is well known as 

A) a major Air Force base in Iraq B) the main oil terminal in Iran
C) a pilgrim centre for Muslims and Christians as well D) an archaeological site throwing new light on the civilisation that flourished in Arabia before the advent of Aryans into india
 
Answer & Explanation Answer: B) the main oil terminal in Iran

Explanation:

Iran is an important oil-producing region in the Middle East. Abadan on the Abadan island has one of the largest refineries in the world. 

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Filed Under: World Geography

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Q:

Air is said to be saturated when

A) its pressure is minimum B) it contains the maximum content of water vapour
C) its thickness is maximum D) it blows over the barren land
 
Answer & Explanation Answer: B) it contains the maximum content of water vapour

Explanation:

Air is said to be saturated when it contains the maximum content of water vapour.

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Filed Under: Physics
Exam Prep: AIEEE , Bank Exams , CAT
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1 2839
Q:

Which among the following is the relationship constraints

A) Cardinality ratio B) Participation constraints
C) Both A and B D) None of the above
 
Answer & Explanation Answer: C) Both A and B

Explanation:

Both of them are relation ship constraints

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Filed Under: Database
Job Role: Database Administration

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Q:

Which mosque is considered to be the style of Bengal style in Agra?

A) Nagina Masjid B) Moti Masjid
C) Jama Masjid D) Badshahi Masjid
 
Answer & Explanation Answer: A) Nagina Masjid

Explanation:
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Filed Under: Indian Geography
Exam Prep: Bank Exams

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