Finance problems
- 1. When referring to student loans, what is a grace period? Also asked in: Analyst, Bank Clerk, Bank PO
Correct Answer: The grace period is in which time period students are not to be worried to repay the loans in that period
- 2. Insurance can help you to protect against
Options- A. unexpected accidents
- B. illegal consent
- C. Both A & B
- D. None of the above Also asked in: AIEEE, Bank Exams, CAT, Analyst, Bank Clerk, Bank PO
Correct Answer: unexpected accidents
Explanation:
Insurance can help you to protect your properties and assets like home, car, stocks,... against unexpected accidents.
- 3. Which cost is an example of a variable cost?
Options- A. raw materials
- B. raw materials
- C. labor
- D. All of the above Also asked in: Bank Exams, CAT, Analyst, Bank Clerk, Bank PO
Correct Answer: All of the above
Explanation:
Variable costs are expenses that vary in proportion to the amount of goods or services that a business produces.
Examples of variable cost include labor, packaging and raw materials.
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