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Q
In economic field, very often, the term “Price  Index” is used.  If the Price Index in May 1985 was 355, then what does it mean ?(A) The prices on the average were more than three and a half times as much.(B) The prices were 255 per...

Solution

Only B

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Solution

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Keynote

price index is a measure of relative price change but not absolute values i.e. one price index value can be compared to another or a base, but the number alone...

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Market size means

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Read the following passage carefully and answer the following questions. Certain words/phrases have been printed in ITALIC and have been underlined to help you locate them while answering some of the questions. The evolution of Bring Your Own Device (BYOD) trend has been as profound as it has been rapid. It represents the more visible sign that the boundaries between personal life and work life blurring. The 9 AM – % PM model of working soley from office has become archaic and increasingly people are working extended hours from a range of locations. At the very heart of this evolution is the ability to access enterprise networks from anywhere and anytime. The concept of cloud computing serves effectively to extend the office out of office. The much heralded benefit of BYOD is greater productivity. However, recent research has suggested that this is the greatest myth of BYOD and the reality is that BYOD in practice poses new challenges that may overweigh the benefits. A worldwide survey commissioned by Fortinet chose  to look at attitudes towards BYOD and security from the user’s point of view instead of IY Manager’s. Specifically the survey was conducted in 15 territories on a group of graduate employees in their early…

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