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Q:

Explain the difference between fixed and flexible budgets ?

Answer

1. A fixed budget is established for a specific level of activity whereas flexible budget is prepared for various levels of activity.


2. Fixed budget cannot be changed after the period commences, whereas a flexible budget can be changed after the period commence.


3. Fixed budget is more suitable for fixed expenses whereas flexible budget takes both fixed as well as variable expenses in account.


4. Fixed budget includes only fixed costs, whereas a flexible budget includes fixed costs, variable costs and semi variable costs.


5. Fixed budget is mainly used in planning stage whereas flexible budget is used in controlling stage.

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Subject: Finance Exam Prep: Bank Exams , CAT
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Q:

Train X crosses a stationary train Y in 60 seconds and a pole in 25 seconds with the same speed. The length of the train X is 300 m. What is the length of the stationary train Y ?

A) 360 m B) 420 m
C) 460 m D) 320 m
 
Answer & Explanation Answer: B) 420 m

Explanation:

Let the length of the stationary train Y be LY
Given that length of train X, LX = 300 m
Let the speed of Train X be V.
Since the train X crosses train Y and a pole in 60 seconds and 25 seconds respectively.
=> 300/V = 25 ---> ( 1 )
(300 + LY) / V = 60 ---> ( 2 )
From (1) V = 300/25 = 12 m/sec.
From (2) (300 + LY)/12 = 60
=> 300 + LY = 60 (12) = 720
=> LY = 720 - 300 = 420 m
Length of the stationary train = 420 m

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Filed Under: Problems on Trains
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Q:

Which state government started the distribution of kits for new borns and mothers across the State  ?

A) Uttar Pradesh B) Haryana
C) Madhya Pradesh D) Telangana
 
Answer & Explanation Answer: D) Telangana

Explanation:

The Telangana government started the distribution of kits for new borns and mothers across the State with Chief Minister K.Chandrashekar Rao gave them at the Government Maternity Hospital. Six women, who gave birth to children recently, received them.

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Filed Under: General Awareness

Q:

The length of a brigade which a train 130 m long and traveling at 45kmph can cross in 30 seconds, is 

A) 196 mts B) 220 mts
C) 230 mts D) 245 mts
 
Answer & Explanation Answer: D) 245 mts

Explanation:

Let the length of the brigade is x mts
Then Distance = 130 + x mts
given speed = 45 kmph = 45 x5/18 m/s
Time = 30 sec
T = D/S
=> 30 = 130+x/(45x5/18)
=> x = 245 mts.

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Filed Under: Problems on Trains
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Q:

Who has become the first Indian to be nominated as a member of the ITTF Umpires and Referees Committee (URC)  ?

A) Raksheet Kota B) Ganeshan Neelakanta Iyer
C) Pankaj Awasthi D) S. Sridhar
 
Answer & Explanation Answer: B) Ganeshan Neelakanta Iyer

Explanation:

Ganeshan Neelakanta Iyer has become the first Indian to be nominated as a member of the ITTF Umpires and Referees Committee (URC). His term will be for two years and is extendable. Iyer is the only assigned competition manager of the International Table Tennis Federation (ITTF) in India. Beside this, Ganeshan has also been recommended as the Technical Commissioner from the Asian Continent to ITTF and his term will be for a period of four years. He is also the chairman of the South Asian Federation technical committee and a member of the Technical Committee of the Commonwealth Table Tennis Federation (CTTF).

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Q:

The gas provider Centrica has seen its half-year profits fall by 20% to £992 million. Despite this it has decided to increase its dividend to shareholders to 3.9p per share. The rise in energy prices released before the announcement of Centrica's profits was designed, said the company, to restore "reasonable profitability". The chief executive, Sam Laidlaw, said, "We produced a good set of results in tough market conditions... we will continue to concentrate on improving customer service in British Gas..." This is an interesting statement given the record rise in prices to households. The announcement of profits which are not far off one billion pounds, a day after the announcement of the rise in price and the increase in dividend to shareholders, is likely to provoke angry reaction. Many will question the extent of the market power that Centrica possesses. There will also be those that will question what the phrase 'reasonable profitability' means in the context of profits of nearly one billion pounds.

Question: 1) Announcing large profits, soon after announcing price rises, is likely to provoke angry reaction.

Question: 2) Companies increase shareholder dividends when profits fall.

Question: 3) One way companies can restore profitability is to increase prices.

Answer

Answer 1) True


Answer 2) Cannot tell


Answer 3) True

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Q:

Pointing towards a photograph kiran said to chotu, "I am the only daughter of this lady and her son is your maternal uncle " How is the kiran related to chotu's father  ?

A) Cousin B) Daughter
C) Sister D) Wife
 
Answer & Explanation Answer: D) Wife

Explanation:

cpVU4AOGE7K85NoCI0.34923100_1496466517.png image 

So, the speaker is the mother of chotu. Kiran is wife of chotu's father. Chotu's father is not shown in the diagram.

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Filed Under: Blood Relations
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Q:

Pointing towards a photograph kiran said to chotu, "I am the only daughter of this lady and her son is your maternal uncle " How is the kiran related to chotu's father  ?

A) Cousin B) Daughter
C) Sister D) Wife
 
Answer & Explanation Answer: D) Wife

Explanation:

cpVU4AOGE7K85NoCI0.34923100_1496466517.png image 

So, the speaker is the mother of chotu. Kiran is wife of chotu's father. Chotu's father is not shown in the diagram.

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Filed Under: Blood Relations
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