Question
A claims processing unit uses a mix of clerks and
analysts. Budget: 60% clerks (₹200/hr), 40% analysts (₹500/hr) for 10,000 hours. Actual: 55% clerks, 45% analysts; total 9,600 hours. Compute qualitative interpretation of mix variance sign.Solution
Higher share of analysts (costlier grade) makes mix variance adverse, ceteris paribus.
India’s foreign trade policy can be best described as -
Which of the following is not a money market instrument?
The Ministry of Road Transport and Highways (MoRTH) has issued a draft notification dated 14 June 2023 proposing Motor Third Party Premium and Liability...
The First Economic Census of India was conducted throughout the country, except Lakshadweep, during ___________in collaboration with the States/Union Te...
On whose advice did Gandhiji spend a year travelling around British India to know the people of India?
Which mineral is popularly known as 'buried sunshine'?
The minimum investment limit set by the RBI (Reserve bank of India) for the Sovereign Gold Bonds?
_____ are longitudinal valleys formed as a result of folding when Eurasian plates and Indian plates collided.
Who among the followings has resigned as Italy’s prime minister on 21 July 2022?
______________ are the oldest living tree species on Earth.