Q:

Equivalent units of production are equal to

A) number of whole units that could have been completed if all work of the period had been used to produce whole units	B) identifiable units existing at the end of the period in a production department
C) units completed by a production department in the period	D) number of units worked on during the period by a production department

Answer & Explanation Answer: A) number of whole units that could have been completed if all work of the period had been used to produce whole units

Explanation:

Equivalent units of production are equal to number of whole units that could have been completed if all work of the period had been used to produce whole units.

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Filed Under: Business Awareness
Exam Prep: AIEEE , Bank Exams , CAT
Job Role: Analyst , Bank Clerk , Bank PO

2 1663

Q:

A statement is given followed by three inferences numbered I, II, and III. Consider the statement to be true even if it is at variance with commonly known facts. You have to decide which of the inferences, if any, follow from the given statement.

Statement:

Donald Trump began the week facing accusations of treason over his embrace of Vladimir Putin and ended it with a middle finger to his many critics by inviting the Russian autocrat to the White House.

Inferences:

I. America and Russia are not allies.
II. No prior American President has ever
embraced a Russian counterpart.
III. Russian President, Vladimir Putin,
has been a long-time US enemy.

A) Only I can be inferred	B) Both I and II can be inferred
C) Only III can be inferred	D) Both I and II can be inferred

Answer & Explanation Answer: C) Only III can be inferred

Explanation:

Only III can be inferred. We can only deduce from the given statement that Putin and America have not been on good terms because President Trump was accused of treason simply because he embraced his Russian counterpart. We cannot draw any general conclusions about the relationship between both the countries. Also, we cannot infer anything about the prior presidents of America from what is given. Therefore, option 3 is the correct answer.

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Filed Under: Verbal Reasoning - Mental Ability
Exam Prep: Bank Exams

0 1662

Q:

A raise in the price of a product causes

A) an increase in competition	B) an increase in demand
C) a decrease in competition	D) a decrease in supply

Answer & Explanation Answer: A) an increase in competition

Explanation:

The raise in the price of a product may be due to increase in cost of production, increase in the demand of the product and increase in the margin.

When the price of a product increases its demand may fall as per the Law of Demand and an increase in the competition.

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Filed Under: Business Awareness
Exam Prep: AIEEE , Bank Exams , CAT
Job Role: Analyst , Bank Clerk , Bank PO

4 1662

Q:

As a Supervisor, how would you plan your financials for your budget?

Answer

Applicant should answer that as a supervisor he/she would analyze actual spend vs. forecast and plan future sales and retail storage. Provide sales adjustments/discounts reporting and analysis, which could be helpful in further analysis of the business. As a supervisor I would ensure, that I keep a track of all the finances and expenses incurred during the process of transportation, salaries and wages of drivers and other helpers in loading and unloading the goods and services. Maintain a ledger for the cost involved in storage and maintenance of goods and services.

Workspace

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Subject: Retail

0 1662

Q:

What is the difference of the factors of the expression $x^{2}$ + (1/ $x^{2}$ ) – 6?

A) 0	B) 1
C) 2	D) 4

Answer & Explanation Answer: D) 4

Explanation:

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Filed Under: Quantitative Aptitude - Arithmetic Ability

0 1662

Q:

Which Governor General decided to make English as the medium of instruction in India?

A) Lord Wellesley	B) Lord Hardinge
C) Lord Dalhousie	D) Lord William Bentinck

Answer & Explanation Answer: D) Lord William Bentinck

Explanation:

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Filed Under: Indian History
Exam Prep: Bank Exams

2 1662

Q:

In the following passage, some of the words have been left out. Read the passage carefully and select the correct answer for the given blank out of the four alternatives.

The new claim that ______________ out of misplaced confidence that all that is in education can be ______________ is that the ‘per unit cost of outcome’ is lower in private schools. Meaning that even _________ the learning outcomes of private schools are not better _____________ the public schools, the cost _______________ running private schools is much lower.

education can be ______________ is that the ‘per unit cost of outcome' is lower in private schools.

A) quantified	B) counted
C) totalled	D) scored

Answer & Explanation Answer: A) quantified

Explanation:

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Filed Under: English
Exam Prep: Bank Exams

0 1662

Q:

In the following question, the sentence given with blank to be filled in with an appropriate word. Select the correct alternative out of the four and indicate it by selecting the appropriate option.

If you want to secure health you must learn to work without _____.

A) ciliation	B) laziness
C) abolition	D) bisection

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