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Q:

The exercise of converting the financial outlays into physical outcomes, with fixed quarterly measurable and monitorable target is called

A) Outcome budget B) Estimated budget
C) Expenditure estimate D) None of these
 
Answer & Explanation Answer: A) Outcome budget

Explanation:
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Filed Under: Indian Economy

Q:

The rolling plan concept in our country started with the

A) Third plan B) Fourth plan
C) Fifth plan D) Seventh plan
 
Answer & Explanation Answer: C) Fifth plan

Explanation:

The Rolling plan refers to one-year plans in the five-year perspective. under Rolling plan, there would be an annual appraisal of the progress of the plan and on the basis of such an appraisal, the plan for the next year will be prepared. The plan would go on rolling year after year.

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Filed Under: Indian Economy

Q:

The universal donor belongs to blood group

A) A B) B
C) AB D) O
 
Answer & Explanation Answer: D) O

Explanation:

The persons with 'O' blood group do not have antigens in the red corpuscles. So that blood will not cause agglutination of corpuscles if mixed with any type of blood. So group 'O' persons are called universal donors.

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Filed Under: Biology

Q:

Man has...............pairs of salivary glands

A) 4 B) 6
C) 3 D) 8
 
Answer & Explanation Answer: C) 3

Explanation:

Salivary glands of man are 3 pairs = 6. They are one pair of parotid glands, one pair of submaxillary or submandibular glands and one pair of sublingual glands.

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Filed Under: Biology

Q:

What is the difference between lean manufacturing and JIT (Just-in-Time) Manufacturing?

Answer



Lean Manufacturing: catching the concept of JIT(Just-in-time) and re-examines it from the client point of view. Anything that is made should put something of valuable to the client’s requirement. For example, if you are manufacturing stereo system for a luxury car, you will imagine from the customer point of view like space occupancy, durability, sound quality, medium or loud sound, etc.


  JIT (Just-in-Time):  This methodology is described to provide that a product or part would arrive just in time to be used. This method saves the price of the unused inventory, and eject the need of piling up inventory.    


 

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Subject: Manufacturing

Q:

Define what is Six Sigma?

Answer



Six sigma is a data-driven technique and way for eliminating defects in any progress from product to service and from manufacturing to transactional.


 

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Subject: Manufacturing

Q:

What are the Softwares which can be useful in manufacturing unit?

Answer



In manufacturing group, software that can be useful for Material Management and Manufacturing ERP. Some of the organizations that provide the manufacturing software solution are Oracle ERP system, sap etc.


 

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Subject: Manufacturing

Q:

Explain how can you calculate manufacturing work in progress?

Answer



Manufacturing work in growth is when manufacturing firm transforms material into the work in process which includes labor, raw material, and factory overhead. You can add all the below factors to know the amount of the manufacturing work in progress.


    Labor amount


    Raw material inventory costs


    Production price


    A price of ending work in process for the accounting period


 

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Subject: Manufacturing