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:

The average salinity of seawater is

A) 35% B) 3.5%
C) 3% D) 2.5%
 
Answer & Explanation Answer: B) 3.5%

Explanation:

Seawater or salt water is water from a sea or ocean.

On average, seawater in the world's oceans has a salinity of approximately 3.5% or 35 parts per thousand. This means that for every 1 litre (1000 mL) of seawater there are 35 grams of salts dissolved in it.

 

Hence, The average salinity of seawater is 3.5%.

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

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Q:

Have you ever worked in a call center before? If so, how long did you work there?

Answer

The purpose of this question is to see if you already have some experience of working at a call center. If so, tell the interviewer about your experiences and what you learnt there. If you do not have a work experience, don’t panic, stay calm and say “I don’t have a first hand experience of working at a call center but this is what I know about them and I look forward to work for one.” 

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Subject: Call Center

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Q:

What is market risk?

Answer

It refers to the possibility for an investor to experience  losses due to  factors that affect the overall performance of the financial markets. Market risk cannot be eliminated through diversification, though it can be hedged against. The sources of market risk include natural disasters, recessions, political turmoil, changes in interest rates and terrorist attacks.

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Q:

"International Day of Democracy" was observed across the world on _____ ?

A) 12 September B) 15 September
C) 18 September D) 14 September
 
Answer & Explanation Answer: B) 15 September

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

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Q:

Ayurveda Day celebrated globally on

 

A) November 13 B) November 12
C) November 14 D) November 15  
 
Answer & Explanation Answer: A) November 13

Explanation:

Ayurveda Day is annually celebrated across the globe on the day of Dhanwantri Jayanti, as a global initiative to promote and preserve the health science of Ayurveda.

 

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Filed Under: Important Days and Years
Exam Prep: Bank Exams

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Q:

1993 Nobel prize for literature has gone to the first black american lady, for her work ' Beloved'. The name of the lady is

A) Carla Hill B) Robin raphel
C) Winnie D) Toni morrison
 
Answer & Explanation Answer: D) Toni morrison

Explanation:
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Filed Under: Honours and Awards

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Q:

Which phase change is an example of an exothermic process?

A) Liquid to Solid B) Gas to Solid
C) Gas to Liquid D) All the above
 
Answer & Explanation Answer: D) All the above

Explanation:

Processes that require or give off heat will be limited to changes of state, known as phase changes, and changes in chemical constitution, or chemical reactions. Changes of state involve a solid melting, a liquid freezing, a liquid boiling or a gas condensing.

 

An exothermic process is one that gives off heat, which is transferred to the surroundings. An endothermic process is a reaction which heat has to be supplied to the system from the surroundings.

 

Here in all the given options, heat is taken away from them to change there phase. 

Liquid to Solid --- Freezing

Gas to Liquid --- Condensation

Gas to Solid --- Deposition 

are all examples of exothermic processes.

 

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Filed Under: Physics
Exam Prep: AIEEE , Bank Exams , CAT , GATE
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