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Q:

The APC is calculated as

A) consumption/income B) change in income/change in consumption
C) income/consumption D) change in consumption/change in income
 
Answer & Explanation Answer: A) consumption/income

Explanation:

The average propensity to consume (APC) is the ratio of consumption expenditures (C) to disposable income (DI), or APC = C / DI. 

 

Hence, APC = consumption/income.

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Filed Under: Accounts Receivable
Exam Prep: AIEEE , Bank Exams , CAT
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Q:

Who is the author of the book Coming Round the Mountain?

A) Anish Kapoor B) Ruskin Bond
C) P C Ghose D) Veer Das
 
Answer & Explanation Answer: B) Ruskin Bond

Explanation:
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Filed Under: Books and Authors
Exam Prep: AIEEE , Bank Exams , CAT
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Q:

x and y are two numbers such that their mean proportion is 16 and third proportion is 128. What is the value of x and y?

A) 8 and 16 B) 16 and 32
C) 8 and 32 D) 16 and 16
 
Answer & Explanation Answer: C) 8 and 32

Explanation:
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Filed Under: Ratios and Proportions
Exam Prep: AIEEE , Bank Exams , CAT

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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
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Q:

BOND-I is given by which institution? 

A) IMF B) RBI
C) ADB D) World Bank
 
Answer & Explanation Answer: D) World Bank

Explanation:

The World Bank launched bond-I. 

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Filed Under: General Awareness
Exam Prep: AIEEE , Bank Exams , CAT

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Q:

Which of the follow is the last element in Newlands Law of Octaves classification?

A) Rhodium B) Radium
C) Iron D) Thorium
 
Answer & Explanation Answer: D) Thorium

Explanation:
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Filed Under: Chemistry
Exam Prep: CAT , Bank Exams , AIEEE

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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.

 

Rituals play into the __________ understandings of a society.

 

A) tactfully B) tacit
C) taciturn D) tacitly
 
Answer & Explanation Answer: B) tacit

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

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Q:

Who become 1st ever woman to appoint to ICC International Panel of Match Referees?

A) Dia Mirza B) GS Lakshmi
C) Sana Mir D) None of the above
 
Answer & Explanation Answer: B) GS Lakshmi

Explanation:
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Filed Under: Famous Personalities
Exam Prep: AIEEE , Bank Exams , CAT
Job Role: Analyst , Bank Clerk , Bank PO

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