Questions

A graph that describes the maximum amount of one good that can be produced for every possible level of production of the other good is nothing but a production possibilities curve.

Production costs to an economist reflect opportunity costs.

The India's commerce and industry ministry has started the exercise to revise base year to 2017-18 for computation of wholesale inflation with a view to present more realistic picture of the price situation

In May last year, the government revised the base year for WPI-based inflation to 2011-12 to give a better indication of changes in prices of commodities.

The new index, with 2017-18, is expected to have new items, which would provide a more realistic picture of price rise and its impact on people.

Most of the additions could be in the manufactured products category. Currently, the index has a total of 697 items, including primary articles, fuel and power and manufactured products.

Benchmarking is the process of comparing one's business proceses and performance metrics to industry bests or best practices from other industries. Dimensions typically measured are quality, time and cost.

A test plan is the master document that contains all details pertaining to testing of the application. Its contents include:

Testing scope - what is included and what is not included in the testing of the current project 

Assumptions - what are the assumptions that are made for this project 

Milestones - major dates like when testing is going to begin, when it is planned to end, what is the trace review date, what is the production date etc. 

Resources - the resources working on this project along with their contact details 

Defect tracking mechanism - what defect tracking tool will be used, what is the SLA for fixing Critical to Low level IRs etc. 

Test management procedures - who will be notified when there is a critical IR, what reports will be sent daily, if status calls will be held daily or weekly, where will it be held, who is required to join etc. 

Work allocation - resource distribution if more projects are being tested 

Entry and exit criterion - when can a project be accepted for testing (eg. only when smoke testing passes) and when can a project be termed as testing complete (eg. when all testcases are executed and all high level bugs are fixed)

We know that, peninsula is a piece of land that surrounded by water on three sides.  Hence, it is what A piece of land almost surrounded by water i.e, three sides water and one side land.