Explore topic-wise InterviewSolutions in Current Affairs.

Sacrificing ratio Old ratio–New ratio

(b) the developing countries 

The correct option: (c) 1 and 3

Capital included in the liabilities of a company is called Paid up capital

Answer (c) 8

Consumer Right is interpreted as “the right to have information about the quality, potency, quantity, purity, price, and standard of goods or services”.

(d) Seychelles

(d) that gives aid to developing countries

E-commerce simply refers to the buying and selling of products and services through online but E-business goes away beyond the simple buying and selling, of goods and service and much wider range of business processes, such as supply chain management, electronic order processing and customer relationship management.

(d)  All the above

(3)  90  days.

Factors affecting Price of product/service:

(a) Internal Factors: 

• Marketing Objectives 
• Marketing Mix Strategy 
• Organizational considerations 
• Costs 
• Organization Objectives

(b) External Factors:

• The market and demand
• Competition 
• Customers 
• Suppliers 
• Legal factors 
• Regulatory factors.

(c) agricultural credit

(b) Commodities Futures Trading

a) Small brain, Longtail

b) Hominoidea

c) Developed brain, free moving hands

d) Chimpanzee

The amino acid sequencing in the beta chain of hemoglobin in both chimpanzees and man is almost same.

• Very Short Period Market: Markets which deal in perishable goods like, fruits, milk, vegetables, etc.,are called as very short period market. There is no change in the supply of goods.
• Short Period Market: In certain goods, supply is adjusted to meet the demand. The demand is greater than supply. Such markets are known as Short Period Market.
• Long Period Market: This type of market deals in durable goods, where the goods and services are dealt for longer period usages.

a) A – Gene Lamarck, 

B – Hugo devices

C – Charles Darwin

b) Theory of Lamarck was not accepted. 

The acquired characters described by him, make no change in genes, to affect evolutionary change.

(2) Sugar production

(c) applying for extension of patent term

a) Evidence from fossil studies-Agradual change from simple structure to complex structure, Linking between two groups of organisms.

b) Comparative study of homologous organs Reveals the existence of a common ancestor.

c) Molecular biology proves the evolutionary relationship among different groups of organism.

E-leaming is the use of technological process to access of a traditional classroom or office. It is also often referred to as online learning or web based training.

(4) All A, B & C

Several tests are conducted in the selection process to ensure whether the candidate possesses the necessary qualification to fit into various positions in the organization.

(1) Equal pay for work of equal value

Based on seniority and merits of the employees they are given opportunity to move up in the organisational hierarchy. This is called promotion.

As per the Consumer Protection Act 1986, a district forum is established in each and every district to solve the problems in the concerned district. Present or Retired district judge is the president of District forum.

Functions:

• The complaints relating to the district can be solved by district forum.
• Compensation that can be claimed is less than Rs. 20 lakhs.
• Sometimes the district forum also may pass orders against traders.

Rural Marketing: Rural marketing is a process of developing pricing, promoting and distributing rural specific goods and serv ices leading to exchange with rural customers.There is inflow of goods into rural markets for production and consumption and there is also outflow of products to urban areas. 

The rural to urban flow consists of agricultural products like rice, wheat and sugar etc.

Service Marketing: Service marketing is a special branch of marketing. It denotes the processing of selling service goods like telecommunication, banking, insurance, healthcare, tourism and professional services. The service products are mostly intangible. The unique feature of services marketing warrant different strategies compared with the marketing of physical goods.

Market is a place where buyers and sellers gather for purchase and sale.

Market may be of Local market, national market and international or Global market.

To develop and promote the market the following are needed:

• Eligible and satisfied and customer is needed.
• Quality and durable goods are to be marketed.
• Recent trends like E-marketing, online marketing are to be encouraged.
• After sales service are to be provided to durable goods.
• Customers are to be financed for buying costly articles.
• New Innovations and marketing research are to be introduced to develop the market.

53 section of companies act 2013.

Features of Human Resource Management:

Universally relevant: Human Resource Management has universal relevance. 

Goal oriented: The accomplishment of organisational goals is made possible through best utilisation of human resource in an organisation.

Interview means a face to face interaction between the interviewer and interviewee.

Interview may be of various types:-

• Preliminary Interview: It is conducted to know the general suitability of the candidates who have applied for the job.
• Structured Interview: In this method, a series of questions is to be asked by the interviewer. The questions may be pre-prepared.
• In depth Interview: This interview is conducted to test the level of knowledge of the interviewee in a particular field.
• Panel Interview: Where a group of people interview the candidate. The panel usually comprises the chair person, subject expert, psychological experts and so on.
• Stress Interview: This type of interview is conducted to test the temperament and emotional balance of the candidate.
• Online Interview: Due to tremendous growth in information and communication technology, interviews are conducted by means of internet via Skype, Google duo, Whatsapp.

Proof of identity: PAN card, voter’s ID, passport, driver’s license, bank attestation, IT returns, electricity bill, telephone bill, ID cards with applicant’s photo issued by the central or state government are the ID proofs.

Henry Fayol was born in France.

Poll means tendering or offering vote by ballot to a specially appointed officer, called the polling officer. Under the Companies Act, poll means exercising voting right in proportion to shareholder’s contribution to the paid-up capital of a limited company having a share capital.

Differences between Stock Exchange and Commodity Exchange.

Shares can be forfeited for non payment of call money.

Answer is (d) Pb

Answer is (a) [NiCl₄]^2-

The Span of Management has two implications:

(i) Influences the complexities of the individual manager’s job. 

(ii) Determine the shape or configuration of the Organisation.

The span of management is related to the horizontal levels of the organisation structure. There is a wide and a narrow span of management. With the wider, span, there will be less hierarchical levels, and thus, the organisational structure would be flatter. Whereas, with the narrow span, the hierarchical levels increases, hence the organisational structure would be tall.

• Both these organisational structures have their advantages and the disadvantages. But however the tall organisational structure imposes more challenges.
• Since the span is narrow, which means less number of subordinates under one superior, requires more managers to be employed in the organisation. Thus, it would be very expensive in terms of the salaries to be paid to each senior.
• With more levels in the hierarchy, the communication suffers drastically. It takes a lot of time to reach the appropriate points, and hence the actions get delayed.
• Lack of coordination and control because the operating staff is far away from the top management.

A commodity exchange is an exchange where commodities are purchased and sold. Commodities are listed here: Metals (e.g. gold, silver, copper); Energy (e.g. crude oil, natural gas); Agricultural (e.g. rice, wheat, cocoa); Livestock and meat.

Balance of forfeited shares Account after re-issue of forfeited shares is transferred to Capital account.

Money received in advance from shareholders before it is actually called by the company is Credited to calls paid in advance account.

Intermediary Functions 

(i) Transfer of Resources: Financial markets facilitate the transfer of real economic resource from lenders to ultimate borrowers.

(ii) Enhancing Income: Financial markets allow lenders earn interest/dividend on their surplus investible funds and thus contributing to the enhancement of the individual and the national income.

(iii) Productive Usage: Financial markets allow for the productive use of the funds borrowed and thus enhancing the income and the gross national production. 

(iv) Capital Formation: Financial markets provide a channel through which new savings flow to aid capital formation of a country. 

(v) Price Determination: Financial markets allow for the determination of the price of the traded financial asset through the interaction of buyers and sellers.

(vi) Sale Mechanism: Financial market provides a mechanism for selling of a financial asset by an investor so as to offer the benefits of marketability and liquidity of such assets. 

(vii) Information: The activities of the participants in the financial market result in the generation and the consequent dissemination of information to the various segments of the markets, so as to reduce the cost of transaction of financial assets.

Financial Functions

• Providing the borrowers with funds so as to enable them to carry out their investment plans.
• Providing the lenders with earning assets so as to enable them to earn wealth by deploying the assets in productive ventures.
• Providing liquidity in the market so as to facilitate trading of funds

• Treasury Bills- These are very popular and enjoy a higher degree of liquidity since they are issued by the Government. 
• Commercial Bills- It is an instrument drawn by a seller of goods on a buyer of goods.