Questions

Q:

A favorable cost variance occurs when

A) actual incurred cost is less than the standard cost B) actual incurred cost is greater than the standard cost
C) actual incurred cost is equal to the standard cost D) None of the above
 
Answer & Explanation Answer: A) actual incurred cost is less than the standard cost

Explanation:

Cost variance is nothing but the difference between the actual incurred cost and the estimated standard cost. This can be occured due to any changes in the volume of goods or services ordered. 

A favorable cost variance occurs when the actual incurred cost is less than the standard cost estimated before the production.

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Filed Under: Indian Economy
Exam Prep: AIEEE , Bank Exams , CAT
Job Role: Analyst , Bank Clerk , Bank PO

1 1968
Q:

In the following question, out of the four alternatives, select the alternative which best expresses the meaning of the idiom/phrase.

To Have bitten off more than you can chew

A) To eat voraciously and then fall sick B) To behave disrespectfully towards elders and then repent the act
C) To have tried to do something which is too difficult D) To have missed a golden opportunity and after that willing to put twice the effort to recover the loss
 
Answer & Explanation Answer: C) To have tried to do something which is too difficult

Explanation:
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Filed Under: English
Exam Prep: Bank Exams

0 1967
Q:

Who is the writer of the famous book 'Kabuliwala'?

A) Bankim Chandra Chatterjee B) Ravindra Nath Tagore
C) Munshi Prem Chand D) Khan Abdul Gaffar Khan
 
Answer & Explanation Answer: B) Ravindra Nath Tagore

Explanation:
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Filed Under: Books and Authors

0 1967
Q:

In the following question, two statements are given each followed by two conclusions I and II. You have to consider the statements to be true even if they seem to be at variance from commonly known facts. You have to decide which of the given conclusions, if any, follows from the given statements.

Statement:
(I) Only first division holders are admitted.
(II) Ram is a first division holder.

Conclusions:
(I) Ram is admitted.
(II) Only Ram is admitted.

A) Conclusion I follows B) Conclusion II follows
C) Neither I nor II follows D) Both I and II follows
 
Answer & Explanation Answer: A) Conclusion I follows

Explanation:
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0 1967
Q:

Which of the following statements about Woodrow Wilson is true?

A) He wanted to place strict government controls on corporations. B) He overturned discriminatory laws against African Americans.
C) He advocated eliminating the income tax. D) He opposed reforms to the banking system.
 
Answer & Explanation Answer: A) He wanted to place strict government controls on corporations.

Explanation:

Woodrow Wilson was one of the major "Progressives" in American government and so 'He wanted to place strict government controls on corporations.'

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Filed Under: World History
Exam Prep: AIEEE , Bank Exams , CAT , GATE
Job Role: Analyst , Bank Clerk , Bank PO

0 1967
Q:

In the following question, out of the four alternatives, select the alternative which is the best substitute of the words/sentence.

 

A plant, leaf, or flower becoming limp

 

A) Bolster B) Invigorate
C) Wilt D) Fortify
 
Answer & Explanation Answer: C) Wilt

Explanation:
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Filed Under: English
Exam Prep: Bank Exams , GRE , TOEFL

0 1967
Q:

In the following question, four words are given out of which one word is correctly spelt. Select the correctly spelt word.

 

A) hibarnate B) hibernat
C) hibernate D) hibarnat
 
Answer & Explanation Answer: C) hibernate

Explanation:
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Filed Under: English
Exam Prep: Bank Exams , CAT , GRE

1 1967
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.

 

Life is short but it has a ______ meaning.

 

A) rare B) sharp
C) deep D) blur
 
Answer & Explanation Answer: C) deep

Explanation:
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Filed Under: English
Exam Prep: Bank Exams

0 1967