Bank Exams Questions

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The 180th meridian or antimeridian is the meridian 180° east or west of the Prime Meridian, with which it forms a great circle dividing the earth into the Western and Eastern Hemispheres.

It is common to both east longitude and west longitude.

It is used as the basis for the International Date Line because it mostly passes through the open waters of the Pacific Ocean. However, the meridian passes through Russia and Fiji as well as Antarctica.

The nucleus of a cell contains chromosomes, which carry genetic information in a long molecule called DNA.

Genes are regions of DNA that carry the code to control a particular cell activity or the production of a particular protein.

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.

A graph that describes the maximum amount of one good that can be produced for every possible level of production of the other good is nothing but a production possibilities curve.