IT
Question : Case Study 36:
A consumer purchased a branded watch from a local dealer. The dealer falsely claimed that the watch was made of pure gold and sold it at an exorbitant price. Upon inspection, the consumer found that the watch was not made of gold. Which authority can take action against the dealer for this deceptive practice?
Option 1: Consumer Protection Council
Option 2: National Consumer Disputes Redressal Commission
Option 3: Advertising Standards Council of India (ASCI)
Option 4: District Consumer Disputes Redressal Forum
Correct Answer: District Consumer Disputes Redressal Forum
Solution : The correct answer is (d) District Consumer Disputes Redressal Forum
The District Consumer Disputes Redressal Forum in India is responsible for addressing consumer complaints and disputes related to the purchase of goods and services, including cases of deceptive or misleading practices.
Question : Comprehension:
In the following passage, some words have been deleted. Fill in the blanks with the help of the alternatives given. Select the most appropriate option for each blank.
In 1945, James Leach Miller returned from World War II and shared nothing (1)____ it with his wife. He folded up his Army (2)______, with the medals still pinned to it, and (3)____ put it in the basement, where his older boy would (4)______ take it out to play soldiers. He never complained (5)____ that generation of army men didn't air their problems. His son Michael once offered to take him back to Normandy when World War II veterans (6)____ the journey, but his father shook (7)_____ head, saying, "I've been there once." Sadly, Mr. Miller, 96 years old, (8)_____ survived the bloodiest battle of World War II, died of (9)_____ from the coronavirus on March 30 (10)_____ an Old Soldiers' Home.
Question:-
Select the most appropriate option to fill in the blank 2.
Option 1: uniforms
Option 2: uniformly
Option 3: uniform
Option 4: uniformity
Correct Answer: uniform
Solution : The third option is the correct answer.
Explanation: Uniform is a fitting choice as it refers to standardised clothing worn by a group. In this context because soldiers typically wear uniforms, and medals are often part of military uniforms. It describes the item being folded
Question : X Ltd has a debt-equity ratio at 3 : 1. According to the management it should be maintained at 1 : 1. What are the choice in front of the management to do so -
Option 1: Increase Equity
Option 2: Redeuce debt
Option 3: Both of the above
Option 4: None of the above
Correct Answer: Both of the above
Solution : The company must either increase equity, decrease debt, or do both in order to balance the debt to equity ratio.
Hence the correct answer is option 3.
Question : What is Gandhi's definition of Rama Raj ?
Option 1: The rule as it was during the time of Rama
Option 2: Sovereignty of the people based on pure moral authority
Option 3: The greatest good of all
Option 4: The absolute power concentrated in the hands of a king
Correct Answer: The greatest good of all
Solution : The correct option is - The greatest good of all
Gandhi envisioned a society where leaders ruled with a sense of duty, selflessness, and a commitment to the welfare of all citizens. In Rama Rajya, there would be no discrimination, and
Question : Which function of marketing is highlighted in the given statement? Statement: It fills this place by carrying good from place of production to place of consumption.
Option 1: Gathering and analysing market information
Option 2: Product designing and development
Option 3: Packaging and labelling
Option 4: Transportation
Correct Answer: Transportation
Solution : Transportation implies physical movement of goods from one place to the other. Transportation fills this gap by carrying goods from place of production to place of consumption. Transportation includes decisions like choice of mode of transportation and other related aspects.
Hence, option D is correct.
Question : Which of the following challenge to Indian environment is highlighted here? Deforestation is riding at a large scale that it has totally disturbed the ecological balance of the country.
Option 1: Land degradation
Option 2: Degradation of Forest
Option 3: Soil erosion
Option 4: Loss of biodiversity
Correct Answer: Degradation of Forest
Solution : Deforestation involves permanent destruction of Forest and Woodlands. Deforestation is riding at a large scale that it has totally disturbed the ecological balance of the country. Hence Option B is correct.
Question : Directions: If it was Friday on 8 March 1996, then what will be the day of the week on 7 April 2006?
Option 1: Saturday
Option 2: Wednesday
Option 3: Thursday
Option 4: Friday
Correct Answer: Friday
Solution : Given: 8 March 1996 is a Friday.
Let's calculate the total number of days from the 8th of March 1996 to the 7th of April 2006 –
Number of days from 8 March 1996 to 31 December 1996 = 23 + 30 + 31 +
Question : Assertion: Atal Innovation Mission aims at attaining food production in the economy.
Reason: It provides funding and mentorship support to startup founders.
Option 1: Both assertion and reason are true, and the reason correctly explains the assertion.
Option 2: Both assertion and reason are true, but the reason does not correctly explain the assertion.
Option 3: The assertion is true, but the reason is false.
Option 4: The assertion is false, but the reason is true.
Correct Answer: Both assertion and reason are true, but the reason does not correctly explain the assertion.
Solution : The correct answer is (b) Both assertion and reason are true, but the reason does not correctly explain the assertion.
The assertion is true as Atal Innovation Mission primarily focuses on
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