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:

Nereis, Pheretima (Earthworm) and Hirudinaria (blood sucking leech) are examples of which Phylum?

A) Coelenterata B) Aschelminthes
C) Annelida D) Arthropoda
 
Answer & Explanation Answer: C) Annelida

Explanation:
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Filed Under: Biology
Exam Prep: Bank Exams

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Q:

In the following question, out of the four alternatives, select the alternative which is the best substitute of the phrase.

One who dies without will.

A) Abdicate B) Intestate
C) Fortunate D) Desperate
 
Answer & Explanation Answer: B) Intestate

Explanation:
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Filed Under: English
Exam Prep: Bank Exams

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Q:

The railway fares of air conditioned sleeper and ordinary sleeper class are in the ratio 4:1. The number of passengers travelled by air conditioned sleeper and ordinary sleeper classes were in the ratio 3:25. If the total collection was Rs. 37,000, how much did air conditioner sleeper passengers pay?

A) Rs. 15,000 B) Rs. 10,000
C) Rs. 12,000 D) Rs. 16,000
 
Answer & Explanation Answer: C) Rs. 12,000

Explanation:
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Q:

Chanakya was the chief advisor of _______.

A) Babur B) Chandragupta Maurya
C) Akbar D) Kautilya
 
Answer & Explanation Answer: B) Chandragupta Maurya

Explanation:
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Filed Under: Indian History
Exam Prep: AIEEE , Bank Exams , CAT

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Q:

In each of the questions, four alternatives are given for the Idiom/Phrase. Choose the alternative which best expresses the meaning of the Idiom/Phrase and click the button corresponding to it.

To angle

A) To measure the river breadth B) To fish with a net
C) To fish D) To sit and watch the river
 
Answer & Explanation Answer: C) To fish

Explanation:
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Filed Under: English
Exam Prep: Bank Exams

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Q:

The sentences given with blanks are to be filled with an appropriate word(s). Four alternatives are suggested for each question. For each question, choose the correct alternative and click the button corresponding to it.

The maestro's son has no taste _________ music.

A) about B) with
C) in D) to
 
Answer & Explanation Answer: C) in

Explanation:
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Filed Under: English
Exam Prep: Bank Exams

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Q:

In terms of size, Jupiter ranks no. ___ in our Solar System.

A) 1 B) 2
C) 3 D) 4
 
Answer & Explanation Answer: A) 1

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

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