Questions

Q:

Designing pricing strategies and programs :

How do sellers respond to price changes of their competitors?

Answer

In the light of competition, it may be seen that competitors may initiate price changes. If the cutting off on prices does not affect the company, then the current pricing strategy itself can be continued to maintain the profitability of the company. However if the price change on one firm is affecting the other, then it can:


a.reduce the product price at par with competitors’ price or below competitors’ price


or


b. Provide added advantage to the existing product like better quality, or ‘a buy one get one free’ offer.


or


c.Provide better quality of the product at a higher price thereby not being at par with the competitors.

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Q:

What is virtual path?

Answer

Along any transmission path from a given source to a given destination, a group of virtual circuits can be grouped together into what is called path.

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Subject: Networking
Job Role: Network Engineer

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Q:

Name an English Word of more than 2 letters that both begins and ends with the letters

Answer

Headache and Heartache are the only two words that of more than 2 letters that both begins and ends with the letters "HE" in the same order.

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Subject: Word Puzzles Exam Prep: Bank Exams

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Q:

What Is EFT?

Answer

Exchange Traded Funds (ETFs) are a relatively new phenomenon and are gaining popularity rapidly. This post outlines the key features of an ETF.


ETFs are like mutual funds because they hold an underlying asset like stocks, debt, commodities future contracts etc. If you are new to the concept of an ETF, think of it as a mutual fund, and build your understanding from thereon. An example of an ETF is the SBI Gold ETF, which holds physical gold as its underlying asset.

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Subject: Finance

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Q:

Who of the following is not a recepient of 2011 Nobel Peace prize

A) Hu Jintao B) Leymah Gbowee
C) Ellen Johnson Sirleaf D) Tawakkol Karman
 
Answer & Explanation Answer: A) Hu Jintao

Explanation:
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Filed Under: Honours and Awards

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Q:

Which among the following crop is a major Rabi Crop of India?

A) Bitter gourd B) Cotton
C) Turmeric D) Barley
 
Answer & Explanation Answer: D) Barley

Explanation:

A major Rabi Crop of India is wheat and barley in second place.

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Q:

Elephant festival is celebrated in which city?

A) Jaipur B) Bangalore
C) Mizoram D) Dispur
 
Answer & Explanation Answer: A) Jaipur

Explanation:

Elephant Festival is a festival celebrated in Jaipur city in Rajasthan state in India. It is held on the day of Holi festival, usually in the month of March. The festival features Elephant polo and Elephant Dance.

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Filed Under: Indian Culture
Exam Prep: AIEEE , Bank Exams , CAT
Job Role: Analyst , Bank Clerk , Bank PO

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Q:

Which of the following organelle is known as the 'Power House' of the cell?

A) Golgi Bodies B) Ribosomes
C) Mitochondria D) None of these
 
Answer & Explanation Answer: C) Mitochondria

Explanation:

Mitochondria are known as 'Power House' of the cell because they produce energy in the form of ATP.

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Filed Under: Biology

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