Questions

Q:

A project in PMP can be defined as a :

A) Permanent endeavor that produces repetitive outputs B) Temporary endeavor undertaken to create a unique product, service, or result
C) Permanent endeavor undertaken to create a unique product, service, or result D) Temporary endeavor that produces repetitive outputs
 
Answer & Explanation Answer: B) Temporary endeavor undertaken to create a unique product, service, or result

Explanation:
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Filed Under: PMP Certification

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Q:

Which public sector bank has tied up with Tirumala Milk Products for providing loans to dairy farmers  ?

A) Axis Bank B) ICICI Bank
C) State Bank Of India D) HDFC Bank
 
Answer & Explanation Answer: C) State Bank Of India

Explanation:

The State Bank of India (SBI) has tied-up with Tirumala Milk Products to provide loans to dairy farmers who supply milk to the latter. As per the scheme for financing dairy units, SBI offers loans for construction of shed, and purchase of milch animals, milking machine, and chaff cutter. Apart from this, the bank also provides loans to dairy societies for modernisation and creation of infrastructure such as purchase of automatic milk collection system, purchase of transport vehicles and bulk chilling unit. The Tirumala Milk Products is a South- based company, which was acquired by France-based Groupe Lactalis in 2014.

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

2 3202
Q:

Oxygen in our blood is transported by a protein named

A) keratin B) myoglobi
C) collagen D) haemoglobin
 
Answer & Explanation Answer: D) haemoglobin

Explanation:

Oxygen in our blood is transported by a protein named Haemoglobin.

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

8 3202
Q:

A battlefield always has:

A) Elephants B) Soldiers
C) Arrows D) Chariots
 
Answer & Explanation Answer: C) Arrows

Explanation:
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Filed Under: General Awareness
Exam Prep: Bank Exams

2 3201
Q:

Project Cost Management - Processes

Describe the Inputs, Tools and Techniques , Outputs included in the Cost Control ?

Answer

I. Inputs



  • Cost baseline

  • Project funding requirements

  • performance reports

  • Work performance information

  • Approved change requests

  • Project management plan


II. Tools and Techniques



  • Cost change control system

  • Performance measurement analysis

  • Forecasting

  • Project performance reviews

  • Project management software 

  • Variance management


III. Outputs



  • Cost estimate (updates)

  • Cost baseline (updates)

  • Performance measurements

  • Forecasted completion

  • Requested changes

  • Recommended corrective actions

  • Organizational process assets (updates)

  • Project management plan (updates)


 

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Q:

"National Volunteer Day" is observed on ____ ?

A) 1st October B) 21st September
C) 11th October D) 29th September
 
Answer & Explanation Answer: B) 21st September

Explanation:

"National Volunteer Day" & "International Peace Day" are observed on 21st september every year.

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Filed Under: Important Days and Years
Exam Prep: AIEEE , Bank Exams , CAT
Job Role: Bank Clerk , Bank PO

7 3201
Q:

Galloping inflation is also known as

A) Hyperinflation B) Jumping inflation
C) Moderate inflation D) None
 
Answer & Explanation Answer: B) Jumping inflation

Explanation:

Galloping inflation is also known as jumping inflation.

 

It refers to a type of inflation that occurs when the prices of goods and services increase at the two-digit or three-digit rate per annum.

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Filed Under: Finance
Exam Prep: Bank Exams , CAT
Job Role: Analyst , Bank Clerk , Bank PO

2 3199
Q:

Project Procurement Management - Processes

Describe the Inputs, Tools and Techniques , Outputs included in the Contract Administration?

Answer

I. Inputs



  • Contract

  • Contract management plan

  • Selected sellers

  • Performance reports

  • Approved change requests

  • Work performance information


II. Tools and Techniques



  • Contract change control system

  • Buyer-conducted performance review

  • Inspections and audits

  • Performance reporting

  • Payment system

  • Claims administration

  • Records management system

  • Information technology


III. Outputs



  • Contract documentation 

  • Requested changes

  • Recommended corrective actions

  • Organizational process assets (updates)

  • Project management plan (updates)


                 - Procurement management plan


                 - Contract management plan

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