Questions

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
Job Role: Analyst , Bank Clerk , Bank PO

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Q:

In the following questions, one part of the sentence may have an error. Find out which part of the sentence has an error and click the button corresponding to it. If the sentence is free from error, click the "No error" option.

The Government offered him (A)/ clerical job (B)/ but he turned it over (C) / No error (D)

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

Explanation:
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Filed Under: English
Exam Prep: Bank Exams

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Q:

The Shompens are the vulnerable tribal group of

A) Jharkhand B) Odisha
C) West Bengal D) Andaman and Nicobar Islands
 
Answer & Explanation Answer: D) Andaman and Nicobar Islands

Explanation:

The Shompen or ShomPen are the indigenous people of the interior of Great Nicobar Island, part of the Indian union territory of Andaman and Nicobar Islands.

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Filed Under: Indian Geography
Exam Prep: Bank Exams

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Q:

The term 'Smasher' is associated with which sport?

A) Hockey B) Boxing
C) Volley ball D) Cricket
 
Answer & Explanation Answer: C) Volley ball

Explanation:
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Filed Under: Sports
Exam Prep: Bank Exams

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Q:

Which of these monuments enshrines the tomb containing the relics of St. Francis Xavier?

A) Basilica of Bom Jesus B) Se Cathedral
C) Monte Hill D) St. Alex Church
 
Answer & Explanation Answer: A) Basilica of Bom Jesus

Explanation:
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Filed Under: General Awareness
Exam Prep: Bank Exams

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Q:

"Betting and gambling" is listed in the __________ list given in the Seventh Schedule in the Constitution of India.

A) Union B) State
C) Global D) Concurrent
 
Answer & Explanation Answer: B) State

Explanation:
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Filed Under: Indian Politics
Exam Prep: Bank Exams

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Q:

A tropical deciduous plant special to the Deccan plateau is

A) Teak B) Shisam
C) Sandalwood D) Sal
 
Answer & Explanation Answer: C) Sandalwood

Explanation:
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Filed Under: General Science
Exam Prep: Bank Exams

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Q:

In the following question, out of the four alternatives, select the alternative which best expresses the meaning of the idiom/phrase.

dry run

 

A) a party without drinks B) a rehearsal of a performance before the real one
C) doing a fruitless task D) escaping form an unpleasant situation
 
Answer & Explanation Answer: B) a rehearsal of a performance before the real one

Explanation:
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Filed Under: English
Exam Prep: Bank Exams , GRE , TOEFL

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