AIEEE Questions

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The International Day of Democracy is observed every year on September 15 to highlight the values of freedom and respect for human rights as essential elements of democracy.

The theme of the 2018 International Day of Democracy is "Democracy under Strain : Solutions for a changing world".

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.

A monopoly is a market that has a single seller of a unique product in the market. He does not have any competition in the market as he has no substitute product for the product he is selling.

The most number of countries are in the continent Africa. Eventhough, Asia is the biggest continent in its size, Africa is the continent with 54 countries whereas Asia have 48 countries.

The main square of cuzco is called Plaza de Armas. Cuzco was the capital of the Inca Empire.