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.
As per the Insurance Act, 1938 an insurance company shall not be wound up voluntarily except _________________
An admission is the best evidence against the maker if it is:
Which of the following are the functions of the Authority under the Airport Authority of India Act?
Ombudsman institution was first introduced in ?
What does the term "Impressed Stamp" include as per the provisions of the Indian Stamp Act?
"Agriculture Year", as defined in section 2(c) of the Chhattisgarh Land Revenue Code 1959 commences:
What is the purpose of the General Financial Rules (GFR) in the context of the Government of India?
According to the Motor Vehicle Act the Insurance Regulatory and Development Authority is established under ?
As per the Constitution of India, State includes?
Art 311 acts as a safeguard to civil servants except:
