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Question : Comprehension:

Read the following passage and answer the questions given after it.

The Indian Space Research Organisation (ISRO) announced another successful mission. ISRO chairman S. Somanath said that three small satellites successfully separated and were injected into orbit. ISRO launched three small satellites powered by its SSLV-D2 launch vehicle from Satish Dhawan Space Centre at Sriharikota on February 10, 2023, at 09:18 AM IST. The launch vehicle was carrying EOS-07, Janus-1 & AzaadiSAT-2 satellites and aimed to inject them into a 450 km circular orbit. The launch took place at the first launch pad at SDSC SHAR,
Sriharikota. The SSLV-D2 had to take a 15-minute flight to inject EOS-07, Janus-1, and AzaadiSAT-2 satellites into a 450 km circular lower orbit. “It is configured with three solid propulsion stages and a velocity terminal module. It is a 34 m tall, 2 m diameter vehicle having a lift-off mass of 120 t,” said ISRO. The EOS-07 satellite weighs 156.3 kg and is made by ISRO.

About 13 minutes into its flight, the SSLV rocket ejected EOS-07 and soon after that the other two satellites Janus-1 and AzaadiSAT-2 were ejected — all at an altitude of 450 km, said ISRO.

With the new rocket in its portfolio, ISRO will have three rockets — Polar Satellite Launch Vehicle (PSLV) and its variants (cost about Rs 200 crore), Geosynchronous Satellite Launch Vehicle (GSLV-MkII cost about Rs 272 crore and LVM3 Rs 434 crore) and SSLV (Development cost of three rockets about Rs 56 crore each) and production cost may go down later.

“New experiments include mm-Wave Humidity Sounder and Spectrum Monitoring Payload. Janus-1, a 10.2 kg satellite belongs to ANTARIS, USA. An 8.7 kg satellite AzaadiSAT-2 is a combined effort of about 750 girl students across India guided by Space Kidz India, Chennai,” it added.

SSLV caters to the launch of up to 500 kg satellites to Low Earth Orbits on a ‘launch-on-demand’ basis. “It provides low-cost access to Space, offers low turn-around time and flexibility in accommodating multiple satellites, and demands minimal launch infrastructure,” as per a statement by ISRO.

Question:

After reading the passage it can be inferred that it is

Option 1: a government release

Option 2: a news item

Option 3: a magazine article

Option 4: an editorial

Team Careers360 25th Jan, 2024

Correct Answer: a news item


Solution : The correct choice is the second option.

The language used is factual and objective, providing information about a recent event (the successful launch of three small satellites by ISRO) without expressing opinions or providing analysis. The use of quotes from ISRO officials

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Question : Statement 1: Marketing concept is customer-oriented and aims to satisfy customer needs.

Statement 2: Production concept focuses on minimizing production costs and maximizing profits.

Option 1: Both statements are correct.

Option 2: Statement 1 is correct, and statement 2 is false.

Option 3: Both statements are incorrect.

Option 4: Statement 2 is correct, and statement 1 is incorrect.

Team Careers360 25th Jan, 2024

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

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Question : Case Study:

XYZ Corp. emphasizes understanding customer needs and designing products that satisfy those needs. They believe in continuous product improvement and customer-oriented marketing. This philosophy is aligned with:

 

Option 1: Societal Marketing Concept

Option 2: Selling Concept

Option 3: Product Concept

Option 4: Production Concept

Team Careers360 25th Jan, 2024

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

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Question : Which of the following schemes adopts the One District One Product (ODOP) approach to reap the benefit of scale in terms of procurement of inputs, availing common services and marketing of products?

Option 1: Pradhan Mantri Kisan Sampada Yojana

Option 2: Micro and Small Enterprises Cluster Development Programme (MSE-CDP)

Option 3: Production Linked Incentive Scheme For Food Processing Industry (PLISFPI)

Option 4: Pradhan Mantri Formalisation of Micro Food Processing Enterprises (PMFME)

Team Careers360 25th Jan, 2024

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

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Question : Case Study:

A company places a strong emphasis on developing products that meet the changing needs and preferences of customers. They focus on product innovation and continuous improvement. This philosophy reflects the:

 

Option 1: Marketing Concept

Option 2: Production Concept

Option 3: Selling Concept

Option 4: Product Concept

Team Careers360 25th Jan, 2024

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

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Question : ______________was the leading producer of manganese ore, accounting for 33% of total production during 2019–20 in India.

Option 1: Odisha

Option 2: Madhya Pradesh

Option 3: Maharashtra

Option 4: Karnataka

Team Careers360 25th Jan, 2024

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

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Question : Case Study:

A company believes that a strong sales and promotional effort is necessary to generate sales, even if it means pushing products onto customers. This philosophy reflects the:

 

Option 1: Marketing Concept

Option 2: Societal Marketing Concept

Option 3: Production Concept

Option 4: Selling Concept

Team Careers360 25th Jan, 2024

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

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