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

1 1794

Q:

Which of the following elements has the lowest melting point?

A) Xenon	B) Iodine
C) Barium	D) Magnesium

Answer & Explanation Answer: A) Xenon

Explanation:

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Filed Under: Chemistry
Exam Prep: Bank Exams

3 1794

Q:

The range that acts as watershed between India and Turkistan is

A) Zaskar	B) Kailash
C) Karakoram	D) Ladakh

Answer & Explanation Answer: C) Karakoram

Explanation:

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Filed Under: Indian Geography
Exam Prep: Bank Exams

0 1794

Q:

Which are the two major rivers which emerge from the Amarkantak Plateau, but they flow in different directions?

A) Chambal and Betwa	B) Chambal and Stone
C) Narmada and Sone	D) Narmada and Betwa

Answer & Explanation Answer: C) Narmada and Sone

Explanation:

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Filed Under: Indian Geography
Exam Prep: Bank Exams

1 1794

Q:

Who amongst the following organized the All India Scheduled Castes Federation?

A) Jyotiba Phule	B) Periyar
C) B.R. Ambedkar	D) M.K. Karunanidhi

Answer & Explanation Answer: C) B.R. Ambedkar

Explanation:

Scheduled Caste Federation was founded by Dr. Ambedkar in 1942 to fight for the rights of the Dalit community. SCF was the successor organization of the Independent Labour Party led by Ambedkar. SCF later evolved into the Republican Party of India.

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Filed Under: General Awareness
Exam Prep: Bank Exams

0 1794

Q:

The number of parliamentary seats (Lok Sabha) of Gujarat is

A) 10	B) 26
C) 28	D) 48

Answer & Explanation Answer: B) 26

Explanation:

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Filed Under: Indian Politics
Exam Prep: Bank Exams

1 1794

Q:

The largest source of pollution in the world is

A) herbicides and insecticides	B) Automobile exhausts
C) Sewage and garbage	D) Industrial effluents

Answer & Explanation Answer: C) Sewage and garbage

Explanation:

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Filed Under: General Science
Exam Prep: Bank Exams

2 1794

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 doctor says that(A)/the patient will recover(B)/in few days(C)/No Error(D)

A) A	B) B
C) C	D) D

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