Questions

Q:

Verify Scope is the process of

A) progressively elaborating and documenting the project work that produces the product of the project. B) subdividing the major product deliverables into smaller, more manageable components.
C) obtaining formal acceptance of the project scope by the stakeholders. D) influencing the factors that create scope changes to ensure that changes are agreed upon, determining that a scope change has occurred and managing the changes when and if they occur.
 
Answer & Explanation Answer: C) obtaining formal acceptance of the project scope by the stakeholders.

Explanation:

“Verify Scope is the process of formalizing acceptance of the completed project deliverables. Verifying scope includes reviewing deliverables with the customer or sponsor to ensure that they are completed satisfactorily and obtaining formal acceptance of deliverables by the customer or sponsor.” PMBOK [5.4]

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Filed Under: PMP Certification

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Q:

In economics,"capital" refers to

A) mineral resources B) the money in one's pocket
C) consumer goods D) buildings and equipment
 
Answer & Explanation Answer: D) buildings and equipment

Explanation:

Capital refers to buildings and equipment i.e, goods which are used by workers to produce other goods such as machinery, land, ...

Capital has a number of related meanings in economics, finance, and accounting.

In economics, Capital comprises one of the four major factors of production, the others being land, labor, and entrepreneurship.

In finance and accounting, capital generally refers to financial wealth, especially that used to start or maintain a business.

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

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Q:

Excise duty is a tax levied on the

A) Export of goods B) Import of goods
C) sale of goods D) Production of goods
 
Answer & Explanation Answer: D) Production of goods

Explanation:

An excise or excise tax or excise duty is a type of tax charged on goods produced within the country (as opposed to customs duties, charged on goods from outside the country). It is a tax on the production of a good. This tax is now known as the Central Value Added Tax (CENVAT).

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Q:

Where is a hub specified in the OSI model?

A) Physical Layer B) Data Link Layer
C) Application Layer D) Session Layer
 
Answer & Explanation Answer: A) Physical Layer

Explanation:

Hubs regenerate electrical signals, which are specified at the Physical layer.

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Filed Under: Networking
Exam Prep: CAT
Job Role: Analyst , Network Engineer

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Q:

Fat can be seperated from milk in a cream seperator because of :

A) Cohesive Force B) Gravitational Force
C) Centripetal Force D) Centrifugal Force
 
Answer & Explanation Answer: D) Centrifugal Force

Explanation:
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Filed Under: Physics

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Q:

Which must be true for metamorphism to occur?

A) The parent rock must be in solid form. B) Tons of pressure must be applied.
C) The process must take place underground. D) All the above
 
Answer & Explanation Answer: D) All the above

Explanation:

Metamorphism is the change of minerals or geologic texture in pre-existing rocks, without the protolith melting into liquid magma. The change occurs primarily due to heat, pressure, and the introduction of chemically active fluids.

 

The parent rock must be in solid form. Tons of pressure must be applied for metamorphism to happen. The process must take place underground.

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Filed Under: Physics
Exam Prep: AIEEE , Bank Exams , CAT , GATE
Job Role: Analyst , Bank Clerk , Bank PO

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Q:

Human Rights day is observed on

A) December 10 B) December 14
C) December 25 D) December 28
 
Answer & Explanation Answer: A) December 10

Explanation:
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Q:

What is multi - level marketing (MLM)?

Answer

It is a marketing strategy in which the sales force is compensated not only for sales they personally generate, but also for the sales of the other salespeople that they recruit. This recruited sales force is reffered to as the participant's 'downline' , and can provide multiple levels of compensation. Other terms used for MLM include pyramid selling, network marketing and refferal marketing. Most commonly, the salespeople are expected to sell products directly to consumers by means of relationship referrals and word-of-mouth marketing.

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