AIEEE Questions

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Ram Sewak Sharma (born 1955) is an Indian bureaucrat. Currently, he is the Chairman of Telecom Regulatory Authority of India (TRAI).

In business, outsourcing is an agreement in which one company contracts its own internal activity to different company. It involves the contracting out of a business process (e.g. payroll processing, claims processing) and operational, and/or non-core functions (e.g. manufacturing, facility management, call center support) to another party (see also business process outsourcing).

A company moves some of its jobs to another country and employing workers in other countries to save on labor costs best describes the practice of outsourcing.

In the given options, BIS is the odd one from the other three.  NABARD, RBI & IRDA are the bodies related to financial sector of India. The financial sector consists of banks, investment funds, insurance companies and real estate firms. 

BIS stands for Beareau of Indian Standards is a National standard body of India with the activities of standardization, marking and quality certification of goods.

There is universal affection and respect for and loyalty to the Indian National Flag. As it is the symbol of our national pride it represents the hopes and aspiration of the people.

The Flag Code of India 2002 permits unrestricted display of the tricolour, consistent with the honour and dignity of the flag.

The Flag Code of India has been divided into three parts:-

1. General Description of the National Flag.

2. Display of the National Flag by members of public, private Organizations & educational institutions etc.

3. Display of National Flag by Central or State Governments and their organizations and agencies.

Mercantilism was the principle that wealth of a nation comes from trading with other nations and also comes by imposing government regulations on all of the nation's economic interests.

The main principles of mercantilism:

• the country's wealth is determined by the amount of precious metals in the country,

• Wealth is created in business relations (International Trade)

• The goal is an active trade balance of trade,

• to serve protectionism, government subsidies and the issue of protective tariffs.