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 1957

Q:

Read each sentence to find out whether there is an error in it. The error, if any, will be in one part of the sentence. If there is no error, the answer will be “No Error”.

A) Linking traditional American Native stories	B) to historic records of a Japanese tsunami
C) was considered an exception, not the start	D) of a fruitful geological collaboration.

Answer & Explanation Answer: A) Linking traditional American Native stories

Explanation:

In 1 part, use of 'Native' after ‘American’ is incorrect. Also ‘traditional’ should come before ‘stories’. Native is an adjective that is used here for American and not stories. So native will come before American. Traditional is used as an adjective for stories. This is a case of misplaced modifiers.Hence 1 is the correct choice.

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Filed Under: English
Exam Prep: Bank Exams

0 1957

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 1957

Q:

In the following question, a sentence has been given in Direct/Indirect speech. Out of the four alternatives suggested, select the one, which best express the same sentence in Indirect/Direct speech.

‘Do you have anything to say on behalf of the accused?' said the judge finally.

A) The judge finally asked that if he had anything to say on behalf of the accused.	B) The judge finally ask that whether he had anything to say on behalf of the accused.
C) The judge finally asked that if he has anything to say on behalf of the accused.	D) The judge finally asked that if he has had anything to say on behalf of the accused.

Answer & Explanation Answer: B) The judge finally ask that whether he had anything to say on behalf of the accused.

Explanation:

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Filed Under: English
Exam Prep: Bank Exams

0 1957

Q:

Who invented the Band-aid?

A) Earle Dickson	B) Alan Gant
C) Louis Pasteur	D) Frank Epperson

Answer & Explanation Answer: A) Earle Dickson

Explanation:

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Filed Under: Inventions
Exam Prep: Bank Exams

0 1957

Q:

The Ibadat Khana was a meeting house built by which Mughal Emperor?

A) Babur	B) Humayun
C) Akbar	D) Aurangzeb

Answer & Explanation Answer: C) Akbar

Explanation:

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Filed Under: Indian History
Exam Prep: Bank Exams

1 1956

Q:

The question below consists of a set of labelled sentences. Out of the four options given, select the most logical order of the sentences to form a coherent paragraph.

Inform all the other

A-would be punished

B-giving them a lift too

C-officers that anyone

A) CAB	B) BCA
C) CBA	D) BAC

Answer & Explanation Answer: C) CBA

Explanation:

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

1 1956

Q:

By definition, Antarctica is considered what type of landscape?

A) ice shelf	B) desert
C) bay	D) iceberg

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