A characteristic of card systems is: ?->(Show Answer!)

1. A characteristic of card systems is:

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MCQ-> DIRECTIONS for questions:These questions are based on the situation given below:Recently, Ghosh Babu spent his winter vacation on Kyakya Island. During the vacation, he visited the local casino where he came across a new card game. Two players, using a normal deck of 52 playing cards, play this game. One player is called the Dealer and the other is called the Player. First, the Player picks a card at random from the deck. This is called the base card. The amount in rupees equal to the face value of the base card is called the base amount. The face values of Ace, King, Queen and Jack are ten. For other cards, the face value is the number on the card. Once, the Player picks a card from the deck, the Dealer pays him the base amount. Then the dealer picks a card from the deck and this card is called the top card. If the top card is of the same suit as the base card, the Player pays twice the base amount to the Dealer. If the top card is of the same colour as the base card (but not the same suit) then the Player pays the base amount to the Dealer. If the top card happens to be of a different colour than the base card, the Dealer pays the base amount to the Player. Ghosh Babu played the game 4 times. First time he picked eight of clubs and the Dealer picked queen of clubs. Second time, he picked ten of hearts and the dealer picked two of spades. Next time, Ghosh Babu picked six of diamonds and the dealer picked ace of hearts. Lastly, he picked eight of spades and the dealer picked jack of spades. Answer the following questions based on these four games.If Ghosh Babu stopped playing the game when his gain would be maximized, the gain in Rs. would have been
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MCQ-> Read the following passage carefully and answer the questions given. Certain words have been given in bold to help you locate them while answering some of the questions.We are told that economy is growing and that such growth benefits all of us. However, what you see is not what you always get. Most people are experiencing declining economic security in response to the problems of the global system, many communities have turned to Local Exchange Systems (LESs) to help regain some control over their economic situations.Local exchange systems come in many forms. They often involve the creation of a local currency, or a system of bartering labour, or trading of agricultural products as a means of supporting the region in which they are traded. Such a system helps preserve the viability of local economies.Local currencies allow communities to diversify their economies, reinvest resources back into their region and reduce dependence on the highly concentrated and unstable global economy. Each local currency system serves as an exchange bank for skills and resources that Individuals in the community are willing to trade. Whether in the form of paper money, service credits, or other units, a local currency facilitates the exchange of services and resources among the members of a community.By providing incentives for local trade, communities help their small businesses and reduce underemployment by providing the jobs within the community. In addition, the local exchange of food and seeds promotes environmental conservation and community food security. Local food production reduces wasteful transportation and promotes self-reliance and genetic diversity. Each transaction within a local exchange system strengthens the community fabric as neighbours interact and meet one another.There are over 1,000 local change programs worldwide more than 30 local paper currencies in North America and at least 800 Local Exchange Trading Systems (LETS) throughout Europe. New Zealand and Australia Local Exchange Systems vary and evolve in accordance with the needs and circumstances of the local area. This diversity is critical to the success of the local currencies. For instance, a bank in rural Massachusetts refused to lend a fanner the money needed to make it through the winter. In response, the farmer decided to print his own money Berkshire Farm Preserve Notes. In winter, customers buy the notes for $9 and they may redeem them in the summer for $10 worth of vegetables. The system enabled the community to help a farm family after being abandoned by the centralised monetary system. As small family farms continue to disappear at an alarming rate, local currencies provide tools for communities to bind together, support their local food growers and maintain their local food suppliers.Local Exchange Systems are not limited to developed countries.Rural areas of Asia, Latin America and Africa have offered some of the most effective and important programs, by adopting agriculture-based systems of exchange rather than monetary ones. In order to preserve genetic diversity, economic security and avoid dependence on industrial seed and chemical companies, many villages have developed seed saving exchange banks. For example, the village women in Ladakh have begun to collect and exchange rare seeds selected for their ability to grow in a harsh mountain climate. This exchange system protects agriculture diversity while promoting self-reliance. There is no one blueprint for a local exchange system, which is exactly why they are successful vehicles for localisation and sustainability. They promote local economic diversity and regional self-reliance while responding to a region’s specific needs. Local exchange systems play a pivotal role in creating models for sustainable societies. They are an effective educational tool, raising awareness about the global financial system and local economic matters. Local exchange systems also demonstrate that tangible, creative solutions exist and that communities can empower themselves to address global problems.Which of the following is same in meaning as the word ‘LIMITED TO’ as used in the passage?
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MCQ-> Study the following information carefully and answer the questions given below : Following are the conditions for selecting Systems Manager in an organisation : The candidate must - (i) be a graduate engineer, in IT, Computer Science, Electronics with at least 60 percent marks. (ii) be at least thirty years and not more than forty years as on 1.9.2009. (iii) have secured at least 40 per cent marks in the written examination. (iv) have secured at least 50 per cent marks in the selection interview. (v) have post quali cation work experience of at least ten years in the systems department of an organisation. In the case of a candidate who satis es all the conditions Except - (a) at (i) above, but has secured at least 60 per cent marks in ME IT or Computer Science, the case is to be referred to DGM-Systems. (b) at (v) above, but has post quali cation experience of at least ve years as Deputy Systems Manager, the case is to be referred to the GM-Systems. In each question below, details of one candidate are given. You have to take one of the following courses of action based on the information provided and the conditions and sub-conditions given above and mark the number of that course of action as your answer. You are not to assume anything else other than the information provided for each candidate. All these cases are given to you as on 1.9.2009.Mark answer a: if the candidate is to be selected. Mark answer b: if the candidate is not to be selected. Mark answer c: if the case is to be referred to DGM-Systems. Mark answer d: if the case is to be referred to GM-Systems. Mark answer e: it the data provided are not adequate to take a decision.Samir Ghosh was born on 25th May 1978. He has secured 65 percent marks in BE-IT in the year 1999. Since then he is working in the systems department of an organisation. He has secured 50 percent marks in both written examination and selection interview.
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MCQ->You are installing a network interface card on a computer with the following configuration: a 5867133 CPU, 16MB or RAM, a 800-MB IDE hard disk, a parallel port configured as LPT1, and a serial port configured as COM1, which is currently used by a mouse. In addition to the IDE host adapter and the video card, the following devices have been installed on the computer's expansion bus: a modem on COM2, a SCSI host adapter for a CD-ROM drive, and a sound card. The SCSI hose adapter is using IRQ 5, and the sound card is using IRQ 11. The network interface card that you are installing supports the following choices for IRQ: 2, 3, 4, 5, 9,10 and 11. Which IRQ(s) could you use for the network interface card without creating an IRQ conflict with another device?....

MCQ->McDonald’s ran a campaign in which it gave game cards to its customers. These game cards made it possible for customers to win hamburgers, French fries, soft drinks, and other fast-food items, as well as cash prizes. Each card had 10 covered spots that could be uncovered by rubbing them with a coin. Beneath three of these spots were “No Prize” signs. Beneath the other seven spots were names of the prizes, two of which were identical. For, example, one card might have two pictures of a hamburger, one picture of a coke, one of French fries, one of a milk shake, one of a $5, one of $1000, and three “No Prize” signs. For this card the customer could win a hamburger. To win on any card, the customer had to uncover the two matching spots (which showed the potential prize for that card)before uncovering a “No Prize”; any card with a “No Prize” uncovered was automatically void. Assuming that the two matches and the three “No Prize” signs were arranged randomly on the cards, what is the probability of a customer winning?....