Correct Answer: boost

Solution : The correct choice is the fourth option.

In the context of the passage, the blank is discussing how music affects the brain's production of dopamine. The most appropriate word to convey a positive impact on dopamine production is boost. This choice aligns with the positive tone of the passage, indicating that music has a positive influence on the brain's hormone production.

Correct Answer: Achieving long-term innovation goals

Solution : The correct answer is (c) Achieving long-term innovation goals

Financial planning in the context of innovation and research involves strategic allocation of financial resources to support long-term innovation goals. This includes funding research projects, developing new products, exploring new technologies, and investing in activities that will position the company for future growth and competitiveness. The focus is on achieving sustained innovation and long-term success rather than short-term profit maximization, minimizing production costs, or meeting immediate operational expenses, although these factors are also considered within the broader financial planning strategy.

Correct Answer: Both statements are correct.

Solution : The correct answer is (a) Both statements are correct.

Statement 1 is correct. The marketing concept is indeed customer-oriented and aims to satisfy customer needs. It involves understanding customer needs and wants and then developing strategies to meet those needs through the design, production, and promotion of products or services.

Statement 2 is also correct. The production concept does indeed focus on minimizing production costs and maximizing profits. This concept emphasizes efficiency in production processes to lower production costs and increase output, ultimately leading to higher profitability.

Correct Answer: Product Concept

Solution : The correct answer is (c) Product Concept.

The Product Concept is a marketing philosophy that centers on creating high-quality products that meet or exceed customer expectations. It involves understanding customer needs and preferences and designing products that address those needs effectively. Additionally, the Product Concept emphasizes continuous product improvement to enhance customer satisfaction and maintain a competitive edge in the market. This approach places the product at the center of marketing efforts and aims to deliver superior value to customers through a focus on product quality, features, and benefits.

Correct Answer: Pradhan Mantri Formalisation of Micro Food Processing Enterprises (PMFME)

Solution : The correct answer is Pradhan Mantri Formalisation of Micro Food Processing Enterprises (PMFME).

The Ministry of Food Processing Industries, as part of the Atmanirbhar Bharat Abhiyan, has launched the "PM Formalisation of Micro Food Processing Enterprises (PMFME) Scheme". This centrally sponsored initiative aims to provide financial, technical and, business support to upgrade existing micro-food processing enterprises. Following the One District, One Product (ODOP) approach, the scheme focuses on enhancing value chains, aligning support infrastructure, and building capacity for two lakh microenterprises across 707 districts in 35 states and UTs.

Correct Answer: By allocating funds effectively for green projects
  

Solution : The correct answer is (b) By allocating funds effectively for green projects

Financial planning involves allocating financial resources in a strategic manner to support the company's objectives and initiatives. In the context of sustainability, UVW Industries can allocate funds specifically for green projects that align with their sustainable initiatives. This includes budgeting and financial forecasting to ensure that adequate funds are set aside for research, development, implementation, and maintenance of eco-friendly practices and projects.

Correct Answer: Product Concept

Solution : The correct answer is (d) Product Concept.

The Product Concept is a marketing philosophy that revolves around creating high-quality products and continually improving them to meet or exceed customer expectations. Companies following this concept prioritize product innovation, features, and attributes, aiming to develop products that stand out in the market and provide superior value to customers. The focus is on the product itself and ensuring it meets the evolving needs and preferences of the customer base through continuous improvement and innovation.

Correct Answer: Madhya Pradesh

Solution : The correct option is Madhya Pradesh.

During the 2019–20 period, Madhya Pradesh emerged as the foremost producer of manganese ore, contributing significantly to the total production with a share of 33%. Following closely, Maharashtra accounted for 25% of the production, while Odisha secured the third position with a share of 19%.

Correct Answer: Selling Concept

Solution : The correct answer is (d) Selling Concept.

The Selling Concept is a marketing philosophy that emphasizes aggressive selling and promotional efforts to convince customers to purchase a company's products or services. It focuses on sales transactions rather than understanding and addressing customer needs. The belief behind this concept is that customers will not buy enough of the company's offerings unless a significant sales and promotional push is applied to drive sales. The primary goal is to sell what the company produces, often with less consideration for customer needs or value.

Correct Answer: Increasing brand awareness by 20% within six months

Solution : The correct answer is (a) Increasing brand awareness by 20% within six months.

A marketing objective is a specific and measurable goal that a company sets to achieve through its marketing efforts. It provides a clear target or outcome that the company aims to accomplish within a specific time frame. 

Among the options provided, increasing brand awareness by 20% within six months is an example of a marketing objective. It sets a specific goal of increasing brand awareness by a specific percentage (20%) within a defined time frame (six months). This objective focuses on a marketing-related outcome and provides a clear metric to measure success.