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
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Q:

The energy that generates wind comes from what source?

A) Anemometers B) Solar radiation
C) Ocean currents D) None of the above
 
Answer & Explanation Answer: B) Solar radiation

Explanation:

Wind is nothing but the form of moving air. It is caused by the uneven heating of the earth's surface by the sun. Hence, the energy that generates wind comes from solar radiation.

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Q:

Women have shrill voice because of _______.

A) Low frequency B) High frequency
C) Shrill vocals D) Strong epiglottis
 
Answer & Explanation Answer: B) High frequency

Explanation:
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Filed Under: Physics
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Q:

Read the passage carefully and choose the best answer to each question out of the four alternatives and click the button corresponding to it.


Without breakfast, all of us ­ irrespective of age ­ are likely to experience the late morning slump; tiredness, sleepiness and the urge to sit back. Our efficiency goes down further as the day progresses.Moreover, skipping the first meal of the day leads to intense hunger pangs by late morning and we end up eating chips, samosas, burgers or other high­ fat unhealthy foods. Break fast­skippers are more likely to be overweight. A good breakfast leads to a more active, productive day. Research has found a definite connection between skipping breakfast and memory impairment in both young and older adults. Moreover, breakfast is directly linked with performance in school and college. Breakfast should contribute at least one ­fourth of our daily requirement of nutrients. An ideal breakfast should contain adequate amounts of carbohydrates, proteins and fats in addition to minerals and vitamins. Essentially this means including most of our food groups in the morning meal. Whole grain cereals ­ like atta in parathas and puris, dalia, suji, etc. are an integral part of the traditional Indian breakfast. Their high fibre and protein content provides a feeling of satisfaction, which lowers the urge to snack before lunch. On the other hand, high­ sugar foods actually make people sleepier, not active.

Milk, cheese, eggs or dals (as sprouts in idli or dosas or as sambhar) are other protein sources. A serving of milk (one cup) provides B­ complex vitamins and also minerals like zinc, magnesium and calcium. Fruits or vegetables provide valuable vitamin C and keep constipation away.

 

We experience sleepiness in the morning because

A) we eat breakfast B) we miss breakfast
C) efficiency goes down D) we feel tired and sleepy
 
Answer & Explanation Answer: B) we miss breakfast

Explanation:
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Q:

In the following question, out of the four alternatives, select the word similar in meaning to the word given.

Affectionate

A) Neglectful B) Aloof
C) Sympathetic D) suppressive
 
Answer & Explanation Answer: C) Sympathetic

Explanation:
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Q:

Read the passage carefully and choose the best answer to each question out of the four alternatives and click the button corresponding to it.

The Alaska pipeline starts at the frozen edge of the Arctic Ocean. It stretches southward across the largest and northernmost state in the United States, ending at a remote ice-free seaport village nearly 800 miles from where it begins. It is massive in size and extremely complicated to operate. The steel pipe crosses windswept plains and endless miles of delicate tundra that tops the frozen ground. It weaves through crooked canyons, climbs sheer mountains, plunges over rocky crags, makes its way through thick forests, and passes over or under hundreds of rivers and streams. The pipe is 4 feet in diameter, and up to 2 million barrels (or 84 million gallons) of crude oil can be pumped through it daily. Resting on H-shaped steel racks called "bents", long sections of the pipeline follow a zigzag course high above the frozen earth. Other long sections drop out of sight beneath spongy or rocky ground and return to the surface later on. The pattern of the pipeline's up-and-down route is determined by the often harsh demands of the arctic and subarctic climate, the tortuous lay of the land, and the varied compositions of soil, rock, or permafrost (permanently frozen ground). A little more than half of the pipeline is elevated above the ground. The remainder is buried anywhere from 3 to 12 feet, depending largely upon the type of terrain and the properties of the soil. One of the largest in the world, the pipeline cost approximately $8 billion and is by far the biggest and most expensive construction project ever undertaken by private industry. In fact, no single business could raise that much money, so 8 major oil companies formed a consortium in order to share the costs. Each company controlled oil rights to particular shares of land in the oil fields and paid into the pipeline-construction fund according to the size of its holdings. Today, despite enormous problems of climate, supply shortage, equipment breakdowns, labour disagreements, treacherous terrain, a certain amount of mismanagement, and even theft, the Alaska pipeline has been completed and is operating.


What are "bents"?

A) Zigzag shape of pipeline B) Pipeline's up and down route
C) The section of the pipeline that drops out of sight D) The H-shaped steel racks
 
Answer & Explanation Answer: D) The H-shaped steel racks

Explanation:
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Q:

A passage is given with 5 questions following it. Read the passage carefully and choose the best answer to each question out of the four alternatives and click the button corresponding to it.

 

Man's attitude to various animals changed many times in the course of centuries. From indifference or practicality, he went on to adoration and deification, and then to hatred. Ancient Egyptians, for example, highly appreciated the cat's ability to destroy rodents. The cat was much superior in this respect to the grass­snakes and weasels they had kept in their houses before. These proved unable to cope with hordes of rats which invaded Egypt from Asia. So the cat, a very useful animal, was ranked as a sacred animal and one of the most important animals, too. The goddess of the Moon, fertility and child­birth, Bast herself was portrayed by the Egyptians as a woman with a cat's head.

Sumptuous temples were built to this goddess, where cats were kept in luxury and fed the choicest of foods. They had their own priests and votaries, more numerous as a matter of fact than any other sacred animal could boast. According to the Greek historian Herodotus, the festival in the city of Bubastis, which had a temple dedicated to cats, was attended by as many as 700 thousand, who brought their offerings to the goddess in the shape of figurines of her made of gold, silver and bronze and adorned with precious stones.

 

The word 'deification' in the passage means _____ .

A) highly valuable B) take pride
C) act of treating as God D) devotees
 
Answer & Explanation Answer: C) act of treating as God

Explanation:
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Q:

Read the following passage carefully and choose the most appropriate answer to the question out of the four alternatives.


The public sector banks are witnessing in india a period of transition and are at crossroads, where they without giving up social responsibility, should also remain healthy. They need to undertake risky experiments yet perform it innovatively in a way it does not fail. They should make forays into new areas which are rarely tread by them and lose no emerging opportunities. It should be understood that absence of any bad advance is no sign of efficient banking system. It only indicates immense conservatism. However this is no guarantee for profit. There should be a balance between liquidity and risk. Past sins should be forgotten. Novel and pragmatic techniques should be adopted without which banks would be in danger.

 

How can the banks take risks without risking a failure?

A) By being innovative B) By soliciting the help of the government
C) By being financially healthy D) By being conservative.
 
Answer & Explanation Answer: A) By being innovative

Explanation:
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