PGP Batch – Section A and Section B

BE - Experiments

Guidelines for the Experiment

a) Weight for this component in overall Evaluation is 20%
b) Each member of the Group has to get 10 responses for the questions in the Experiment
c) Use Google Forms to collect the information.
d) Make Table and Graph and analyse the data and information collected.
e) Submission date is November 16 or earlier (All the Questionaires raw and processed
information in form of a Report by each Group).
f) Delayed submission would result in deduction of 1 mark per day.
g) For any query and discussion we can meet in Zoom Platform from 8.00 to 8.30 am
and/or 1.30 to 2.00 pm
Group 1
Basic information:
Age:
Occupation: Business/Service/Student/not working
Gender:
Phone/email:

1. You are driving on a highway and face a toll booth. There are two options available to cross –
First is ‘Regular Toll Gate’ and Second is ‘Express Toll Gate’ lanes – the former has more
traffic and the latter charges 10 percent extra toll. Which will you choose:
a. Regular lane
b. Express Lane

2. You are driving on a highway and face a toll booth. There are two options available – regular
and express lanes – the former has more traffic and the latter charges 10 percent extra toll.

A billboard states that the extra toll amount would be used to augment the resources of CATS
- the Centralised Ambulance and Traffic Safety Service and reduce the response time.
Which will you choose:

a. Regular lane
b. Express Lane
3. You have an monthly membership for a gym/swimming pool for Rs 5000. You realise you
have visited the gym/swimming pool 10 times in the month. The charge per visit is Rs 500.
Would renew your membership?
Group 2
Basic information:
Age:
Occupation: Business/Service/Student/not working
Gender:
Phone/email:

1. You are driving on a highway and face a toll booth. There are two options available to cross –
First is ‘Regular Toll Gate’ and Second is ‘Express Toll Gate’ lanes – the former has more
traffic and the latter charges 25 percent extra toll. Which will you choose:
a. Regular lane
b. Express Lane

2. You are driving on a highway and face a toll booth. There are two options available to cross –
First is ‘Regular Toll Gate’ and Second is ‘Express Toll Gate’ lanes – the former has more
traffic and the latter charges 25 percent extra toll.

A billboard states that the extra toll amount would be used to augment the resources of CATS
- the Centralised Ambulance and Traffic Safety Service and reduce the response time.
Which will you choose:

a. Regular lane
b. Express Lane
3. You have an monthly membership for a gym/swimming pool for Rs 5000. You realise you
have visited the gym/swimming pool 9 times in the month. The charge per visit is Rs 500.
Would renew your membership?
Group 3
Basic information:
Age:
Occupation: Business/Service/Student/not working
Gender:
Phone/email:

1. You are driving on a highway and face a toll booth. There are two options available to cross –
First is ‘Regular Toll Gate’ and Second is ‘Express Toll Gate’ lanes – the former has more
traffic and the latter charges 50 percent extra toll. Which will you choose:
a. Regular lane
b. Express Lane

2. You are driving on a highway and face a toll booth. There are two options available to cross –
First is ‘Regular Toll Gate’ and Second is ‘Express Toll Gate’ lanes – the former has more
traffic and the latter charges 50 percent extra toll.

A billboard states that the extra toll amount would be used to augment the resources of CATS
- the Centralised Ambulance and Traffic Safety Service and reduce the response time.
Which will you choose:

a. Regular lane
b. Express Lane
3. You have an monthly membership for a gym/swimming pool for Rs 5000. You realise you
have visited the gym/swimming pool 8 times in the month. The charge per visit is Rs 500.
Would renew your membership?
Group 4
Basic information:
Age:
Occupation: Business/Service/Student/not working
Gender:
Phone/email:

4. Your Uncle has gifted you Rs 1 lakh. Where will you invest it:

a. Bank fixed deposit

b. Equity linked Mutual funds
c. Stock Market

5. You have placed Rs 5 lakh in the bank in a fixed deposit (FD) when the interest rate on bank
deposits is 15 percent and inflation rate was 13 percent. The country has recently adopted
‘Inflation Targeting’ for the Central Bank and the inflation rate has come down to 4 percent
and the banks now are offering 6 percent interest on fixed deposits (FD). Will you continue to
place the money in a fixed deposit or look for alternative investment opportunies?

a. Fixed deposit
b. Other investment opportunities

6. It is Festival Time and you want to get your house deep-cleaned by hiring outside
professional company. You have two options

a. Sher Singh Associates quotes a price of Rs 10,000 and you have negotiated with them
to offer a 10 percent discount.

b. Home care Associates quotes a non-negotiable price of Rs 9100.

Group 5
Basic information:
Age:
Occupation: Business/Service/Student/not working
Gender:
Phone/email:

1. Your Uncle has gifted you Rs 1 lakh as ‘cash’. Where will you want to invest in future this
money:
a. Fixed deposit in a Bank
b. Equity linked Mutual funds
c. Stock Market

2. You have placed Rs 5 lakh in the bank in a fixed deposit (FD) when the interest rate on bank
deposits is 13 percent and inflation rate was 13 percent. The country has recently adopted
‘Inflation Targeting’ for the Central Bank and the inflation rate has come down to 4 percent
and the banks now are offering 6 percent interest on fixed deposits (FD). Will you continue to
place the money in a fixed deposit or look for alternative investment opportunies?

a. Fixed deposit
b. Other investment opportunities

3. It is Festival Time and you want to get your house deep-cleaned by hiring outside
professional company. You have two options

a. Sher Singh Associates quotes a price of Rs 10,000 and they offer you a 10 percent
discount for first time customer.

b. Home care Associates quotes a non-negotiable price of Rs 9100.

Group 6
Basic information:
Age:
Occupation: Business/Service/Student/not working
Gender:
Phone/email:

4. Your Uncle had gifted you Rs 1 lakh which are invested in a ‘Shares’. Where will you want to
invest in future this money:
a. Fixed deposit in a Bank
b. Equity linked Mutual funds
c. Stock Market

5. You have placed Rs 5 lakh in the bank in a fixed deposit (FD) when the interest rate on bank
deposits is 13 percent and inflation rate was 15 percent. The country has recently adopted
‘Inflation Targeting’ for the Central Bank and the inflation rate has come down to 4 percent
and the banks now are offering 6 percent interest on fixed deposits (FD). Will you continue to
place the money in a fixed deposit or look for alternative investment opportunies?

a. Fixed deposit
b. Other investment opportunities

6. It is Festival Time and you want to get your house deep-cleaned by hiring outside
professional company. You have two options

a. Sher Singh Associates quotes a price of Rs 10,000 and they offer you a 10 percent
discount if you can recommend them to other customers.

b. Home care Associates quotes a non-negotiable price of Rs 9100.

Group 7
Basic information:
Age:
Occupation: Business/Service/Student/not working
Gender:
Phone/email:

7. You have saved Rs 50,000 to invest somewhere. You have the following choices:

a. Invest in fixed deposit with 8 percent interest

b. Invest in mutual fund which either gives you 10 percent return or 6 percent return
with equal chance.

8. You buy 15 kg of Basmati Rice of a particular brand every month for your family. You are
offered a deal. For an annual fee of Rs 500, you can choose between one of the following
options:
a. 10 percent discount on the market price
b. Assurance of fixed price for the entire year
Will you take the deal? If yes, which option would you choose?

4. You are the purchase manager of your company. You purchase you goods from two vendors.
One quotes a price and offers a discount of 10 percent of the same on account of the sustained
business relationship while the other quotes a non-negotiable price. Due to supply disruption
because of the pandemic, both express their inability to deliver at the earlier prices. The first
one discontinues the discount while the second one increases the price by 10 percent. Will
you continue to do business with both or choose one of them alone?
Group 8
Basic information:
Age:
Occupation: Business/Service/Student/not working
Gender:
Phone/email:

1. You have saved Rs 50,000 to invest somewhere. You have the following choices:

a. Invest in fixed deposit with 8 percent interest

b. Invest in mutual fund which either gives you 12 percent return or 4 percent return
with equal chance.

2. You buy 15 kg of Basmati Rice of a particular brand every month for your family. You are
offered a deal. For an annual fee of Rs 500, you can choose between one of the following
options:
a. 10 percent discount on the market price
b. Assurance of fixed price for the entire year
Will you take the deal? If yes, which option would you choose?
5. You arebuying groceries for your household. One shop keeper offers a 10 percent discount on
the bill while another offers goods at a lower price with no discount. Who will you buy from.
a. First
b. Second
In the pandemic, because of supply chain disruptions, the first shop keeper discontinues the
practice of offering discounts, while the second shopkeeper raises the prices. Who will you
buy from
c. First
d. second
Group 9
Basic information:
Age:
Occupation: Business/Service/Student/not working
Gender:
Phone/email:

1. You have saved Rs 50,000 to invest somewhere. You have the following choices:

a. Invest in fixed deposit with 8 percent interest

b. Invest in mutual fund which either gives you 14 percent return or 2 percent return
with equal chance.

2. You buy 15 kg of Basmati Rice of a particular brand every month for your family. You are
offered a deal. For an annual fee of Rs 500, you can choose between one of the following
options:
a. 10 percent discount on the market price
b. Assurance of fixed price for the entire year
Will you take the deal? If yes, which option would you choose?

3. You are the marketing manager of a company. Your company offers a discount of 10 percent
on bulk purchase. Due to the pandemic, the costs have increased and you need to increase the
price. Would you
a. Increase the headline price but retain the 10 percent discount
b. Reduce the discount rate but retain the headline price