Explore topic-wise InterviewSolutions in Current Affairs.

This section includes 7 InterviewSolutions, each offering curated multiple-choice questions to sharpen your Current Affairs knowledge and support exam preparation. Choose a topic below to get started.

1.

What is the basic objective of pricing? a) price stabilization b) Survival c) Preventing competition d) Profitability

Answer»

Correct option: d) Profitability

2.

Whose report predicted that the OOH sector is projected to grow @ 10% over the next 5 years?

Answer»

FICCI – KPMG Report

3.

A circle in which sectors represent various quantities is called:1. Pie chart2. Histogram3. Frequency polygon4. Component bar chart

Answer» Correct Answer - Option 1 : Pie chart

Concept:

Pie chart: A pie chart (or a circle chart) is a circular statistical graphic, which is divided into slices to illustrate numerical proportion.

Histogram: A histogram is a graphical representation that organizes a group of data points into user-specified ranges. 

Frequency polygon: A frequency polygon is a line graph of class frequency plotted against class midpoint.

Component bar chartA sub-divided or component bar chart is used to represent data in which the total magnitude is divided into different or components. A sub-divided bar diagram is also known as a component bar chart or stacked chart.

A circle in which sectors represent various quantities is called pie chart

The correct option is 1 i.e. Pie Chart
4.

Mr. Shamsher Singh, working in a reputed electronics showroom, gave presentation to Ms. Divya Chawla, prospect for air fryer. Though the presentation was very effective and Ms. Divya was quite convinced to buy the same but started giving excuses that she will come again later and she needs her husband’s opinion so she will re-visit the store some other day to buy the product. Which type of objection is being raised by Ms. Divya Chawla in the above case? a. Concealed objection b. Objection related to product c. Objection related to procrastinating d. Objection related to price

Answer»

Correct answer is c. Objection related to procrastinating 

5.

Identify the correct order of various steps to be undertaken in sales process: a. Preparing presentation, Prospecting, Qualifying, Handling objections, Closing sale b. Qualifying, Preparing presentation, Prospecting, Handling objections, Closing sale c. Prospecting, Qualifying, Preparing presentation, Handling objections, Closing sale d. Prospecting, Preparing presentation, Qualifying, Handling objections, Closing sale

Answer»

c. Prospecting, Qualifying, Preparing presentation, Handling objections, Closing sale 

6.

A very strong and violent storm that is found in the Pacific is called a ______

Answer»

Correct option is typhoon

7.

if the buyers are habitual of the product the_____ price may be fixed a) Low b) High c) Moderate d) Dual

Answer»

Correct option: b) High

Correct Option is b). High
8.

Coca-Cola came into market first in 1886. It has been continually reinventing itself slogan after slogan. The slogans adopted by Coca-Cola, in chronological order, are as follows – Drink Coca-cola; Thirst asks nothing more; All you want is a coke; America’s Real Choice; Coca-Cola Enjoy and Open Happiness. Which marketing process is being discussed above? a. Selling b. Targeting c. Positioning d. Segmentation

Answer»

Correct answer is c. Positioning 

9.

A) The life cycle of the product is the longest and that of the brand is shortest usually.R) Modifications need to be made in the PLC because of changes in the environmenta) Both A and R are true, and R is the correct explanation of A. b) Both A and R are true, but R is not the correct explanation of A c) A is true but R is false d) A is false but R is true

Answer»

Correct option: b) Both A and R are true, but R is not the correct explanation of A

10.

The brother of your mother or father is your ______

Answer»

Correct option is uncle

11.

Which type of muscle are present in ciliary body ? (A) Radial & oblique (B) Horizontal & oblique (C) Radial and longitudanal (D) All of the given

Answer»

(A) Radial & oblique

12.

Which of the following are bases of psychographic segmentation? a. Personality, social class and lifestyle b. Occasions, loyalty-status and user-status c. Gender, income and education d. Personality, education and loyalty-status

Answer»

Correct answer is a. Personality, social class and lifestyle 

13.

Apple was a brand strongly rooted in the computer & software segments of technology industry. In 1997 with the groundbreaking launch of I Mac & I Book company’s fortunes changed drastically. And in 2001, with the rise of digital music downloads, the I pod was also a success upon its release. But their biggest success was undoubtedly the launch of first I phone in 2007.This above paragraph is an example of……a) Product differentiation b) Product modification c) Product line d) Product diversification

Answer»

This above paragraph is an example of product diversification.

14.

Dominos is the only pizza brand in India that has geared all its processes to meet its famous 30-minute deadline. The various tasks to be done is performed by the store staff, in given time slots. After the order flashes on kitchen screen, pizza maker immediately begins dough stretching, saucing, spreading cheese and the required toppings. All this is done in 4 minutes. Baking takes next 6 minutes. Then, cutting and packing of pizza is done in warm bags. This process takes another 5 minutes. Further, 8 minutes are assigned for delivery. In total 23 minutes are being allotted to entire process and 7 minutes are kept as buffer for unforeseen circumstances. This way, the 30-minutes pizza home delivery promise is being fulfilled. Which element of service Marketing Mix is highlighted in the above case? a. Product b. Process c. Promotion d. People

Answer»

Correct answer is b. Process 

15.

A) Price is the only element which generates revenue for an organization and determines its growth.R) Price indicates the money value which a buyer is ready to exchange for purchase of certain products.a) Both A and R are true, and R is the correct explanation of A. b) Both A and R are true, but R is not the correct explanation of A c) A is true but R is false d) A is false but R is true

Answer»

Correct option: b) Both A and R are true, but R is not the correct explanation of A

16.

Consumers are ready to pay high price for BMW cars in comparison to other cars available in the market. Identify the pricing policy followed by the business enterprise out of the following.a) Premium Pricing b) psychological pricing c) Market skimming d) Dual Pricing

Answer»

Correct option: a) premium pricing

17.

If something or someone is one of a kind we say they are ______

Answer»

Correct option is unique

18.

What “U” word’ means “dirty”?

Answer»

Correct option is unclean

19.

If it’s normal or customary, then it’s ______

Answer»

Correct option is usual

20.

Find the synonymProfession A) celebration B) restoration C) attention D) occupation

Answer»

Correct option is D) occupation

21.

Find the synonymUnpredictable A) constant B) steady C) dense D) volatile

Answer»

Correct option is D) volatile

22.

Find the synonymContrary A) customary B) conflict C) common D) opposite

Answer»

Correct option is D) opposite

23.

Give an example for e-Learning tool.

Answer»

Electronic Books Reader

24.

If the demand for a product is inelastic firms fix a price of the product which will be A) High B) Low C) To cover the cost D) None of these

Answer»

Correct  option: A) High price

25.

Define e-Text.

Answer»

The electronic form &t of textual data is called e- Text. It can be read aloud by an e-Text reader device that will help the visually challenged people.

26.

Pick the odd one out a) e- Book Reader b) e-Text c) Television channels d) e-Business

Answer»

c) e-Business, the others are e-Learning tools

27.

Which one is the function of Accounting? (a) Decision making (b) Systematic records (c) Legal evidence (d) Preparation of balance sheet

Answer»

(a) Decision making

28.

Explain the importance of road transport of India.

Answer»

A well known and co-ordinated system of transport plays an important role on trade, transport, social integration and economic development of the country. Importance:-

  • Roads play a vital role in transporting the passengers for a short and medium distances. 
  • It is capable of providing door to door service 
  • the perishable goods like vegetables, fruits, and milk can be transported easily by road ways.
  • Road – transport helps the industry by moving raw materials to industries and finished goods to market. 
  • it provides employment opportunities. 
  • The road traffic accounts for 85% of passengers and 65% of goods traffic by the end of length plan. 
  • It plays a vital role in national and International security. 
  • In hilly area, roads are only the means of effective transport. 
  • Lastly roads are especially useful for defence, purpose, particularly in border areas.
29.

Discuss the importance of a ‘P’ which is the core of all Marketing activities?

Answer»

1) Product is the focal point and all the marketing activities revolve around it. 

2) It is the starting point of planning. No marketing programme will commence if product does not exist. 

3) Product is an end. The main purpose of all marketing activities is to satisfy the customers.

30.

State any one barrier to effective communication in a bank/Insurance company.

Answer»

Language barrier or any other valid

31.

Real time exchange of text messages between two or more persons over Internet is termed as ..........

Answer»

Real time exchange of text messages between two or more persons over Internet is termed as Online chat

32.

….. is the capability of a person or an enterprise to pay the debts. (a) Solvency (b) Creditor (c) Bad debts (d) Income

Answer»

(a) Solvency

33.

Explain the distribution of cotton textile industries in india.

Answer»

Importance:

  • It provides employment to over 35 million people in the mills, power looms and hand loom sector. 
  • Indirectly millions of people derives livelihood in cotton production, processing trade, garments and also in the textile machinery sectors. 
  • It is the most important sector of employment in the country next to agriculture. 
  • The export of cotton textiles contributes about 17 percent Our total export earnings etc.

Distribution of cotton textile industries:

  • Maharashtra: It is the largest producer of cotton textile in the country. It produces 39.38 percent mill cloth and 1079 percent yam of India. It has 169 mills – these are located at Mumbai, Pune, Sangli, Nagpur, Sholapur etc It is called ‘Manchester of India’ and the cotton police of India.
  • Gujarath: It is second largest producer of cotton in the country. It has 120 cotton mills which are located in Ahmadabad, Baroda, Rajkot, Bhuvanger, Surat etc. 
  • Tamil nadu: It has highest number of textile industries in the country . They are about 893 mills on the state they are found in Coimbatore, Madurai, Salem, Tirpur etc. Coimbatore is the most important center with 323 cotton mills. It is called the ‘Manchester of South India’. 
  • Karnataka: There are about 54 industries which are located at Davanagere, Hubli, Bellary, Gokak, Mysore, Bengaluru etc Davanagere is the chief center cotton textile in Karnataka.
  • Uttar Pradesh: Kanpur is the chief center of cotton mills in Uttar pradesh. Other important centers are Agra, Bareily, Aligarh, Moradabad, Varanasi etc. 
  • Madhya Pradesh: There are 52 cotton textile industries in the state. They are located at Indore, Gwalior, Ujjain, Bhopal and Jabalpur. 
  • West Bengal: The industries are elargely found in Kolkata Howrah. 
  • Others : In Rajasthan, Haryana, Punjab, Andhra Pradesh etc.
34.

“e-Governance facilitates interaction between different stakeholders in governance”. Say whether the statement is True or False.

Answer»

It is  true.

35.

Which one of the following is NOT an ebusiness website? a) www.amazon.com b) www.dhsekerala.gov.in c) www.keralartc.com d) www.irtc.com

Answer»

b) www.dhsekprala.gov.in

36.

Check whether the following statement is True or False. “e-Business is an extension of e-Commerce”

Answer»

Yes It is True.

37.

Define organising

Answer» Organising is the process of defining and grouping the activities of the enterprise and establishing authority relationships among them.
38.

The first step in the accounting process is …… and recording. (a) Book – keeping (b) Identifying (c) Accountancy (d) Journal

Answer»

(b) Identifying

39.

Online railway reservation is an example of .......a) e-Business b) e-Rail c) e-Governance d) e-Leaming

Answer»

e-Governance

40.

X Started manufacturing stylish and comfortable T- Shirt but he is unable to generate enough sales as many people tend to buy T-shirts of big and established brands from show rooms. He decided to offer T-Shirt @ Rs 250 each well below what it costs him to draw customers in. He puts notice on the window to advertise this bargain. What tactic is he using here?a) Discount b) Rebate c) Psychological Pricing d) loss leader

Answer»

Correct option: d) loss leader

41.

The system of financial exchange between buyers and sellers in an online environment is known as ........

Answer»

Electronic Payment System(EPS)

42.

This market helps to save time, effort and money that both buyers and sellers of a financial asset would have to otherwise spend try and find each other Name the market and identily the function being referred to

Answer» The market highlighted is financial market and the function being referred to is reducing the cost of transaction.
43.

Give an account of upper Krishna Project.

Answer»

This is the biggest Multipurpose project in North Karnataka across the river Krishna.

  • It comprises two dams namely Alamatti and Narayanapura. 
  • The Alamatti dam is constructed near Alamatti village in Basavana Bagewadi taluk and the Narayanapura dam is located near Siddapur village in Muddebihal taluk of Bijapur district. 
  • The Alamatti dam is 1,578 mt long & its height is 47.8 mt above the lowest foundation level with a gross capacity of 5,285 mc.
  • The Narayanapura dam is 10,637 mt long and 29.7 mt high above the lowest foundation level with a gross capacity of 10,66 mcum. 
  • It is going to irrigate about 6.22 lakh hectares of land in Bagalkot district, Bijapur district, Yadgir district, Gulbarga district, Raichur district. 
  • The project also include 6 units of power generation at Alamatti having a total capacity of 268 mw.
44.

…. concept implies that only those transactions, which can be expressed in terms of money are recorded in the accounts. (a) Money measurement concept (b) Business entity concept (c) Going concern concept (d) Cost concept

Answer»

(a) Money measurement concept

45.

Conventionally it was used to protect the product from damage on route and facilitate handing but later on it became a major tool in the promotion of the product. A) Labeling B) Branding C) Packaging D) Pricing

Answer»

C) Packaging

Conventionally it was used to protect the product from damage on route and facilitate handing but later on it became a major tool in the promotion of the product is Packaging.

46.

Work in Progress is in the form which is a) Ready to be sold b) Ready to be used as raw material c) Ready to be worked upon for further processing d) Ready to be kept in warehouse

Answer»

Correct option: c) Ready to be worked upon for further processing

47.

Which of the following can be the another name of ‘Total Cost’? a) Cost of goods sold b) Prime cost c) Cost of sales d) Office cost

Answer»

Correct option: c) Cost of sales

48.

If fixed expenses in a production unit are Rupees 1,62,000, variable cost per unit is Rs 45 and S.P per unit is Rs 60, find the BEP Quantity. What should be the S.P. if Break Even output is brought down to 18000 units? a) 54 b) 52 c) 45 d) 44

Answer»

Correct option: a) 54

49.

What is irrigation? Explain the need for irrigation in india.

Answer»

It is an artificial means of watering the crops or an art of supplying water to the crops.

Need for Irrigation : Distribution of water resources are highly varied. While some areas are dry some are wet and humid in such circumstances, we have to arrange water for crops through artificial means for fulfilling their needs. 

Thus, irrigation becomes necessary on account of following reasons.

  • Nature of rainfall Due to irregular, uncertain and limited rainfall scarcity of water is caused so, need for irrigation arises. 
  • Nature of soil There is greater need of irrigation in sandy soil. 
  • Probability of Drought At places of droughts irrigation is essential. 
  • Need of Irrigation in dry areas In dry areas, where rainfall is less than 40 to 50 cm per year, the need arises for irrigation. 
  • More need of water for special crops like rice, jute, sugar cane etc. 
  • More need of water to improve new and high yielding varieties of seeds for higher productivity. 
  • Water is essential to develop pastures for cattle and dairy development. 
  • Population of India is Multiplying fast, and it needs additional food production. This can be possible only through irrigation.
50.

Define the term e-Governance.

Answer»

The integration of computers and communication technology for the benefit of government functions to the public is termed as E-Governance by this Govt can serve the public in a convenient, efficient and transparent manner.