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Q:

If the fixed costs of a factory producing candles is Rs 20,000, selling price is Rs 30 per dozen candles and variable cost is Rs 1.5 per candle, what is the break-even quantity?

A) 20000 B) 10000
C) 15000 D) 12000
 
Answer & Explanation Answer: A) 20000

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

If an unintended increase in business inventories occurs

A) aggregate expenditures must exceed the domestic output B) we can expect businesses to lower the level of production
C) we can expect aggregate production to be unaffected D) we can expect businesses to increase the level of production
 
Answer & Explanation Answer: B) we can expect businesses to lower the level of production

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

Given in the options are sets of particular characteristics of elements and how they vary across the period and down the group in the following format:

 

Characteristic of an element  -  Across the period  -  Down the group

 

 

A) Electropositive Character/metallic character - Increase - Decrease B) Electropositive Character/metallic character - Increase - Increase
C) Electropositive Character/metallic character - Decrease - Increase D) Electropositive Character/metallic character - Decrease - Decrease
 
Answer & Explanation Answer: C) Electropositive Character/metallic character - Decrease - Increase

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Filed Under: Chemistry
Exam Prep: Bank Exams

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Q:

Which planet is the nearest in size to Earth?

A) Mercury B) Mars
C) Venus D) Saturn
 
Answer & Explanation Answer: C) Venus

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Filed Under: General Science
Exam Prep: Bank Exams

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Q:

Who is the Union Minister of the Ministry of Commerce and Industry as of February 2018?

A) Suresh Prabhu B) Sushma Swaraj
C) Anand Geete D) Uma Bharti
 
Answer & Explanation Answer: A) Suresh Prabhu

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Filed Under: Indian Politics
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Q:

Under which Article of Indian Constitution an emergency can be declared on the grounds of war, or external aggression or armed rebellion?

 

A) Article 348 B) Article 352
C) Article 356 D) Article 360  
 
Answer & Explanation Answer: B) Article 352

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Filed Under: Indian Politics
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Q:

Which one of the following statements is not correct?

A) India joined MTCR in 2016. B) India submitted a formal application for membership of the NSG in 2016.
C) India proposed the Comprehensive Convention on International Terrorism in 1996. D) The Common wealth Heads of Government Meeting (CHOGM) was held in 2016 at Malta.
 
Answer & Explanation Answer: D) The Common wealth Heads of Government Meeting (CHOGM) was held in 2016 at Malta.

Explanation:

The Commonwealth Heads of Government Meeting is held every 2 years. It is the association’s ultimate policy and decision-making forum. The November 2015 Meeting, to be held in Malta, had the theme of ‘Commonwealth –Adding Global Value’.

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Filed Under: General Awareness
Exam Prep: Bank Exams

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Q:

What is cash budget ?

Answer

Cash budget is the budget which is prepared under the finance budget. It is an estimation of the expected cash receipts and cash payments during the budget period. By preparing cash budget it becomes possible for the organisation to predict whether at any point of time there will be excess or shortage of cash. Two main points should be remembered before preparing cash budget: Time period of the cash budget and the items to be included in the cash budget.

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Subject: Accounting and Finance Exam Prep: Bank Exams , CAT
Job Role: Analyst , Bank PO

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