Question

A company has an actual sales of ₹25 crore vs. a budget of ₹30 crore. Costs were below budget by ₹2 crore. What does this imply?

A Favourable sales variance
B Adverse cost variance
C Overall performance adverse
D Adverse sales variance but favourable cost variance
Practice Next

Hey! Ask a query

🎓
Think You're Ready for RBI Grade B?
RBI Grade B 2026 Phase 1 Memory Based Paper
  • 200 Questions with Detailed Solutions
  • Section-wise Coverage (GA, English, Quant & Reasoning)