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 |
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Answer» Correct option: d) Profitability |
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| 2. |
Whose report predicted that the OOH sector is projected to grow @ 10% over the next 5 years? |
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Answer» FICCI – KPMG Report |
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| 3. |
A circle in which sectors represent various quantities is called:1. Pie chart2. Histogram3. Frequency polygon4. Component bar chart |
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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 chart: A 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 |
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| 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 |
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Answer» Correct answer is c. Objection related to procrastinating |
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| 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 |
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Answer» c. Prospecting, Qualifying, Preparing presentation, Handling objections, Closing sale |
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| 6. |
A very strong and violent storm that is found in the Pacific is called a ______ |
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Answer» Correct option is typhoon |
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| 7. |
if the buyers are habitual of the product the_____ price may be fixed a) Low b) High c) Moderate d) Dual |
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Answer» Correct option: b) High Correct Option is b). High |
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| 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 |
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Answer» Correct answer is c. Positioning |
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| 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 |
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Answer» Correct option: b) Both A and R are true, but R is not the correct explanation of A |
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| 10. |
The brother of your mother or father is your ______ |
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Answer» Correct option is uncle |
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| 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 |
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Answer» (A) Radial & oblique |
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| 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 |
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Answer» Correct answer is a. Personality, social class and lifestyle |
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| 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 |
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Answer» This above paragraph is an example of product diversification. |
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| 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 |
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Answer» Correct answer is b. Process |
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| 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 |
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Answer» Correct option: b) Both A and R are true, but R is not the correct explanation of A |
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| 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 |
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Answer» Correct option: a) premium pricing |
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| 17. |
If something or someone is one of a kind we say they are ______ |
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Answer» Correct option is unique |
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| 18. |
What “U” word’ means “dirty”? |
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Answer» Correct option is unclean |
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| 19. |
If it’s normal or customary, then it’s ______ |
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Answer» Correct option is usual |
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| 20. |
Find the synonymProfession A) celebration B) restoration C) attention D) occupation |
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Answer» Correct option is D) occupation |
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| 21. |
Find the synonymUnpredictable A) constant B) steady C) dense D) volatile |
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Answer» Correct option is D) volatile |
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| 22. |
Find the synonymContrary A) customary B) conflict C) common D) opposite |
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Answer» Correct option is D) opposite |
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| 23. |
Give an example for e-Learning tool. |
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Answer» Electronic Books Reader |
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| 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 |
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Answer» Correct option: A) High price |
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| 25. |
Define e-Text. |
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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. |
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| 26. |
Pick the odd one out a) e- Book Reader b) e-Text c) Television channels d) e-Business |
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Answer» c) e-Business, the others are e-Learning tools |
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| 27. |
Which one is the function of Accounting? (a) Decision making (b) Systematic records (c) Legal evidence (d) Preparation of balance sheet |
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Answer» (a) Decision making |
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| 28. |
Explain the importance of road transport of India. |
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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:-
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| 29. |
Discuss the importance of a ‘P’ which is the core of all Marketing activities? |
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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. |
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| 30. |
State any one barrier to effective communication in a bank/Insurance company. |
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Answer» Language barrier or any other valid |
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| 31. |
Real time exchange of text messages between two or more persons over Internet is termed as .......... |
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Answer» Real time exchange of text messages between two or more persons over Internet is termed as Online chat |
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| 32. |
….. is the capability of a person or an enterprise to pay the debts. (a) Solvency (b) Creditor (c) Bad debts (d) Income |
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Answer» (a) Solvency |
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| 33. |
Explain the distribution of cotton textile industries in india. |
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Answer» Importance:
Distribution of cotton textile industries:
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| 34. |
“e-Governance facilitates interaction between different stakeholders in governance”. Say whether the statement is True or False. |
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Answer» It is true. |
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| 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 |
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Answer» b) www.dhsekprala.gov.in |
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| 36. |
Check whether the following statement is True or False. “e-Business is an extension of e-Commerce” |
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Answer» Yes It is True. |
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| 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 |
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Answer» (b) Identifying |
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| 39. |
Online railway reservation is an example of .......a) e-Business b) e-Rail c) e-Governance d) e-Leaming |
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Answer» e-Governance |
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| 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 |
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Answer» Correct option: d) loss leader |
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| 41. |
The system of financial exchange between buyers and sellers in an online environment is known as ........ |
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Answer» Electronic Payment System(EPS) |
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| 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. |
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Answer» This is the biggest Multipurpose project in North Karnataka across the river Krishna.
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| 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 |
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Answer» (a) Money measurement concept |
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| 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 |
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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. |
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| 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 |
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Answer» Correct option: c) Ready to be worked upon for further processing |
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| 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 |
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Answer» Correct option: c) Cost of sales |
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| 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 |
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Answer» Correct option: a) 54 |
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| 49. |
What is irrigation? Explain the need for irrigation in india. |
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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.
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| 50. |
Define the term e-Governance. |
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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. |
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