Question
A company notices a sudden spike in product returns
during a specific quarter. Which type of analysis should be conducted to identify the root cause and predict future occurrences?Solution
Diagnostic analysis investigates the root causes of observed trends or anomalies. In this case, it can identify why returns spiked by analyzing factors like product quality, customer feedback, or shipping delays. Understanding the cause helps mitigate future occurrences. Option A : Descriptive analysis summarizes data but doesn’t identify causes. Option C : Prescriptive analysis provides recommendations but requires prior diagnostic insights. Option D : Predictive analysis forecasts trends without focusing on root causes. Option E : Sentiment analysis evaluates opinions and is less relevant to identifying causes of returns.
According to the new Guidelines of issuing of Credit Cards, the NBFCs need to meet the criteria of having a net worth of not less than ____ crore.
Why did SEBI cancel the registration of Karvy Investor Services Ltd. (KISL) as a merchant banker?
Which of the following ministry recently launched the Citizen Perception Survey-2022?
RBI granted i n- p rinciple Payment Aggregator l icence to Paytm . Which of the follow i ng is the correct description of a Payment A ggregator?
Many initiatives have been taken to fight pandemic, TLTRO is one such initiative, identify under which policy category does it fit ?
Cabinet approves interest subvention of 1.5% on short-term agriculture loans up to Rs ____ lakh for FY23 to FY25.
India's Reliance Industries Ltd acquire which solar panel maker company for an enterprise value of $771 million?
The Priority Sector Lending (PSL) target for Small Finance Banks has been revised to ______ from FY2025-26 onwards by RBI. Â
Which among the following funds of the mutual fund invests primarily in other schemes of the same mutual fund or other mutual funds?
When traders first sell securities without first borrowing them or having possession of those securities, that is called:
