Predict the output of the following code:

flag = False
if flag:
    print("True")
else:
    print("False")

Write the output of the following code:

nums = [1, 2, 3]
print(nums)
print(type(nums))

This branch of Artificial Intelligence allows machines to understand and interpret human language and speech.

a. Name the technology used here.

b. Mention two applications of this technology.

Write a program in Python that accepts the name and price of a product and calculates the net amount to be paid by a customer, based on the following criteria:

Product Price	Discount
<1000	0%
1000-5000	2%
5001-15000	3%
15001-25000	5%
25001-50000	10%
>50000	12%