Question
Prime cost refers to which among the following?
Solution
Prime costs are the sum of direct costs incurred during the manufacture of a product. These costs comprise Direct Material, Direct Labour and Direct Expenses. Prime cost does not include indirect expenses like factory rent or supervisor’s salary.
Which of the following is also known as the reserve currency with IMF?
India's wholesale price index (WPI)-based inflation in July came in at_________, significantly higher than (-)4.12 percent reported in June on account o...
Under which act did the Reserve Bank of India (RBI) introduce the 'Marginal Cost of Funds Based Lending Rate' (MCLR) system to determine lending rates?
__________ has partnered with HSBC to advance green hydrogen production aiming to to improve efficiency, cost-effectiveness, and scalability of green ...
What is Value at Risk (VaR) primarily used for in risk management?
Which of the following is a system that powers multiple bank accounts into a single mobile application (of any participating bank)?
Where are the headquarters of Indian Farmers Fertiliser Cooperative?
Reserve Bank continued to act as the Central Bank for Burma till?
The Indian government has raised the windfall tax on petroleum crude to _______ per metric ton from zero.
Government of India has undertaken Switch Operation of Rs .________ Crore with RBI?