Bank Exams Questions

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Mixed economy is the most common economic system in the world.

Bond order is proportional to the bond length is a False statement since Bond order is inversely proportional to the bond length.

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.

The current Union Minister of Railways in India 2019 is Piyush Goyal. He is also holding the Ministry of Finance for temporary.

Amazon Rainforest Forests are located in South America.