Questions

Q:

Project Management - Introduction

What is a Project? What are its Characteristics?

Answer

A Project is a temporary endeavour undertaken to create a unique product, service or result.


Characteristics:


1.Temporary 


    Temporary means that every project has a definite beginning and a definite end.


2. Unique Products, Services or Results


   Uniqueness is an important characteristic of project deliverables. For example, many thousands of office buildings have been developed, but each individual facility is unique - different owner, different design, different location, different contractors, and so on.


3. Progressive Elaboration


   Progressive elaboration means developing in steps, and continuing by increments . For example, the project scope will be broadly described early in the project and made more explicit and detailed as the project team develops a better and more complete understanding of the objectives and deliverables.

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Q:

What qualities does a person need to be successful in the field of advertising?

Answer

The following are the qualities required to be successful in the field of advertising:


 - Creativity
 - Strategic focus
 - Knowledge and expertise in the field of advertising
 - Holding a relevant qualification in the field of advertising
 - Market research orientation
 - People skills etc.

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Q:

A supply curve slopes upward because

A) an increase in price gives producers an incentive to supply a larger quantity. B) the quantity supplied of most goods and services increases over time.
C) an increase in input prices increases supply. D) as more is produced, total cost of production falls.
 
Answer & Explanation Answer: A) an increase in price gives producers an incentive to supply a larger quantity.

Explanation:

The supply curve slopes upward because for reflecting the higher price needed to cover the higher marginal cost of production. 

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Filed Under: Marketing and Sales
Exam Prep: AIEEE , Bank Exams , CAT
Job Role: Analyst , Bank Clerk , Bank PO

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Q:

What would be the output of the following program?

# define SQR(x) (x * x)

main()

{

    int a, b = 3;

    a = SQR ( b + 2 );

    Printf ("\n %d ", a );

}

Answer

11


Because, on preprocessing the expression becomes  a = ( 3 + 2 * 2 + 3),  as Ist preference is multiply & then addition, it evalvates as(3+ 2 * 3 +2) = (3+6+2)=11.

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Subject: Programming

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Q:

Each item consists of six sentences of a passage. The first and sixth sentences are given in the beginning as S1 and S6. The middle four sentences in each have been jumbled up and labelled as P, Q, R and S. You are required to find the proper sequence of the four sentences and markyour response accordingly on the Answer Sheet.


S1 :India’s museums tend to be dreary experiences.
S6 :Because it’s better to attract crowds than dust.
P :Even the Louvre that attracted an eye-popping 8.1 million visitors last year compared to India’s 10.18 million foreign tourists, has hooked up with Beyonce and Jay-Z for promotion, where they take a selfie with Mona Lisa.
Q : Our museums need to get cool too.
R : A change of approach is clearly called for.
S:Troops of restless schoolchildren are often the most frequent visitors, endlessly being told to lower their voices and not touch the art.

The correct sequence should be

A) P Q R S B) P R S Q  
C) S R P Q   D) Q S R P
 
Answer & Explanation Answer: D) Q S R P

Explanation:
QSRP is the correct order in which sentences should be arranged.
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Filed Under: English
Exam Prep: Bank Exams

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Q:

Which amongst the following is not a component of monetary policy in India?

A) Repo rate B) Moral suasion
C) Credit Rationing D) Public Debt
 
Answer & Explanation Answer: D) Public Debt

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

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Q:

Which lists the correct order of evolutionary history?

A) jellyfish, reptiles, mammals B) mammals, crabs, reptiles
C) reptiles, jellyfish, mammals D) crabs, mammals, reptiles
 
Answer & Explanation Answer: A) jellyfish, reptiles, mammals

Explanation:

The correct order of evolutionary history from the above given options is jellyfish, reptiles, mammals.

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

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Q:

Project Time Management - Processes

Describe the Inputs, Tools and Techniques, Outputs of Activity Duration Estimating ?

Answer

I. Inputs



  • Enterprise environmental factors

  • Organizational process assets

  • Project scope statement

  • Activity list

  • Activity attributes

  • Activity resource requirements

  • Resource calendars

  • Project management plan


               - Risk register


               - Activity cost estimates


II. Tools and Techniques



  • Expert judgment

  • Analogous  estimating

  • Parametric estimating

  • Three-point estimates 

  • Reserve analysis


III. Outputs



  • Activity duration estimates

  • Activity attributes (updates)

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