Explore topic-wise InterviewSolutions in Current Affairs.

Economic activity mentioned here is Business

1. Chain hotels link their operations to stream line the processing of reservations and reduce overall system costs. 

2. It also allows the non-chain properties to join the system as overflow facilities. Overflow facilities receive reservation requests only after all room availabilities in chain properties within a geographic area are been exhausted.

A self-employed person who is always trying to make his/her business by taking risks and finding new ideas.

The overall head of a hotel is General Manager.

Suraj kund Mela is an example of Cultural Tourism

The department which responsible for the upkeep of rooms and public area of a hotel is House Keeping.

Boat racing is celebrated in which state is Kerala

b) Human Resource

The department normally responsible for staff related functions in a hotel is Human Resource.

• Conducting the reservation enquiry. 
• Determining room and rate availability 
• Creating the reservation record. 
• Confirming the reservation record

1. ATM: 

ATM is a service provided by the bank to its account holders by under which they are given a debit card. If an account holder has to withdraw money, he can withdraw it directly from ATM using the card and pin instead of going to the bank. 

2. Bank Locker: 

Bank locker is a service provided by the bank to its account holders. If account holder wants, then bank can provide a locker in which the account holder can keep his valuable items. Bank charges annual charge and some security deposit for this service. 

3. Fixed Deposit: 

Fixed deposit is a service provided by the bank to its account holders in which the account holder can withdraw unutilized money from the savings account and fixed deposit that money in the bank for 1-5 years. This gives him the benefit of increased interest.

4. Bank Draft: 

It is also a service provided by bank in which if account holder has to make any payment, then instead of paying through cheque, he can give a demand draft. Paying through demand draft ensures the guaranteed payment to the person/organization concerned. Bank takes some service chargers for it.

Characteristics of green hotels :

• Housekeeping uses non-toxic cleaning agents and laundry detergents. 
• Offers a fresh air exchange system 
• Non-smoking environment. 
• Renewable energy sources like solar or wind energy 
• On-site transportation with green vehicles. 
• Non-disposable dishes

Correct option is D) reservation

1. It maintains hotel occupancy records, which help the management to plan business strategies- change in room rates, renovation of rooms, expansion programs. 

2. Sells the main product of the hotel (accommodation) 

3. Generates customers for the other department 

4. Provides important management information to other departments 

5. Updates room availability record and thus maximizes the revenue generated from room bookings. 

6. It prepares the housekeeping and front office for arrivals by communicating the arrival details taken at the time of reservation 

7. It helps in planning the distribution of staff at the front desk 

8. It provides the reservation data to the finance department, which forecasts the volume of business on the basis of confirmed reservations.

Secretary will make hotel reservation in the following ways: 

1. First of all, secretary will collect information regarding officer’s meeting destination, date and timing of departure etc. 

2. Visit the hotel’s website. 

3. Then according to the information, reserve appropriate room for stay, taxi for travelling, food etc. 

4. After reservation, payment of booking in advance. 

5. Reminding the hotel authorities about reservation.

The reservation process is of vital importance to a hotel as it:

1) Gives the first impression of the hotels to the guests 

2) Sells the main product of the hotel (accommodation) 

3) Generates customers for the other department 

4) Provides important management information to other departments 

5) Updates room availability record and thus maximizes the revenue generated from room bookings. 

6) It prepares the housekeeping and front office for arrivals by communicating the arrival details taken at the time of reservation 

7) It helps in planning the distribution of staff at the front desk

It provides the reservation data to the finance department, which forecasts the volume of business on the basis of confirmed reservations.

A business idea is a solution that an entrepreneur thinks of, to serve the customer.

Dreaming big helps us to be mentally prepared to take that big leap forward.

Which of the following are the sources of motivation and inspiration Both of the Above. 

Slides are the individual pages of a presentation.

Correct option: b. Large volumes of data cannot be manipulated.

Geographical isolation prevents gene flow between populations of a species whereas asexual reproduction generally involves only one individual. In an asexually reproducing organism, variations can occur only when the copying of DNA is not accurate. Therefore, geographical isolation cannot prevent the formation of new species in an asexually reproducing organism.

Correct option: a. True

b) Good management

(a) Profession 

(b) Employment 

(c) Business 

(d) Profession

(d) Salary or wages

Birds and mammals have a double circulation system. It is necessary for them to separate oxygenated and de- oxygenated blood so that their circulatory system is more efficient and can maintain their constant body temperature. It is also better if the oxygenated blood stays separate, as its combination with de- oxygenated blood will impure the entire blood.

(b) Good management

Geographical isolation will be a major factor in the speciation of an organism that reproduces sexually. It leads to the change in gene frequency leading to the expression of one type of traits in a geographically isolated population. In case of an asexually reproducing organism, geographical isolation cannot be a major factor is speciation because meiosis does not take place during asexual reproduction. Hence, there very rare chances of variation and without variation, there cannot be speciation.

Economic Activities.

The damage to the ozone layer is a cause for concern because: 

• Ozone layer will not be able to filter out the UV rays efficiently and this will cause various skin problems such as skin darkening and skin cancer. 

• Ozone layer maintains a steady temperature on the planet. Damage to the layer might result in the death of many phytoplanktons that leads to increased global warming. 

• Chlorofluorocarbons (CFC’s) are compounds that damage the ozone layer. To limit the damage to the ozone layer, the release of CFCs into the atmosphere must be reduced.

• CFCs used as refrigerants and in fire extinguishers should be replaced with environmentally- safe alternatives. Also, the release of CFCs through industrial activities should be controlled.

Biomagnification or biological magnification is defined as the rise or increase in the contaminated substances caused by the intoxicating environment. The contaminants might be heavy metals such as mercury, arsenic and pesticides such as polychlorinated biphenyls and DDT.

These substances are taken up by the organisms through the food they consume. When the organisms in the higher food chain feed on the organisms in the lower food chain containing these toxins, these toxins get accumulated in the higher organisms. The levels of biological magnification is different at different levels of the ecosystem. It increases with each successive trophic level.

Profit is an index of performance of business

Profession is an occupation involving the provision of personal services of a specialized and expert nature.

Industry 

Industry refers to economic activities, which are connected with the conversion of resources into useful goods. 

Industries may be divided into 3 categories.

They are 

1. Primary industries:- 

Primary industries are connected with the extraction and production of natural resources and reproduction and development of living organisms, plants, etc. 

Such industries are further divided into two. 

Extractive industries:- 

These industries extract products from natural resources. 

E.g. mining, farming, hunting, fishing, etc.

Genetic industries:- 

These industries are engaged in activities like rearing and breeding of animals, birds, and plants. 

E.g. diary farming, paultry farming, floriculture, pisciculture, etc. 

2. Secondary industries:- 

Secondary industries deal with materials extracted at the primary stage. Such goods may be used for consumption or for further production. 

Secondary industries are classified into two. 

They are:- 

(i) Manufacturing industries:-

Manufacturing industries engage in converting raw materials into finished goods. 

E.g. Conversion of rubber into cotton, timber into furniture rubber into tires, etc. 

Manufacturing industries may be further divided into four categories. 

They are,

Analytical industry which analyses and separates different elements from the same materials. 

E.g. Oil refinery Synthetical industry which combines various ingredients into a new product. 

E.g. cement Processing industry which involves successive stages for manufacturing finished products. 

Eg. Sugar and paper industry. Assembling industry which assembles different component parts to make a new product. 

E.g. television, car, computer, etc.

(ii) Construction industries:- 

These industries are involved in the construction of buildings, dams, bridges, roads, etc.

3. Tertiary industries:- 

These are concerned with providing support services to primary and secondary industries. 

Eg. Transport, banking, insurance, warehousing, communication, advertising, etc.

Commerce is the sum total of all activities involving the removal of hindrances in the process of exchange of goods and services and facilitates the availability for consumption. So it consists of trade and other support services that facilitate trade.

Export trade.

d) tertiary industries

Business:- 

Business may be defined as an economic activity involving the production or purchase and sale of goods and services with the main object of earning profit by satisfying human needs in the society.

Characteristics of business 

1. Business is an economic activity with the object of earning profit. 

2. Business includes all the activities concerned with the production or procurement of goods and services. 

3. There should be a sale or exchange of goods and services for the satisfaction of human needs. 

4. Business involves dealings in goods or services on a regular basis. Normally, one single transaction of sale or purchase is not treated as a business.

5. One of the main objectives of business is to earn maximum profit. 

6. Business involves risk and uncertainty of income. Risk means the possibility of loss due to change in consumer taste and fashion, strike, lockout competition, fire, theft, etc.

Non-Economic Activities.

Extractive industry - Fishing, Limestone

Genetic industry - Poultry farming, Animal husbandry

Manufacturing industry - Textile industry, Cement industry

Construction industry - Bridge construction, Building works

Extractive industry

1. Huge capital investment – others are features of employment 

2. Appointment letter – others are objectives of business

Non economic activity

(d) Tertiary industries

Removing the hindrance of time: Warehousing

Hindrance of knowledge in the exchange of goods are removed by Advertisement

1. Non-economic activity 

2. Economic activity 

3. Economic activity