CAT Questions

Q:

Who is the first Chief Election Commissioner of India?

A) Kalyan Sundaram B) Sukumar Sen
C) V.S. Ramadevi D) T.N. Seshan
 
Answer & Explanation Answer: B) Sukumar Sen

Explanation:

Sukumar Sen, a civil servant who served as the first Chief Election Commissioner of India from 21 March 1950 to 19 December 1958.

 

Who_is_the_first_Chief_Election_Commissioner_of_India1557483367.jpg image

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Filed Under: Indian Politics
Exam Prep: AIEEE , Bank Exams , CAT
Job Role: Analyst , Bank Clerk , Bank PO

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Q:

Why do capital expenditures increase assets (PP&E), while other cash outflows, like paying salary, taxes, etc., do not create any asset, and instead instantly create an expense on the income statement that reduces equity via retained earnings ?

Answer

Capital expenditures are capitalized because of the timing of their estimated benefits – the lemonade stand will benefit the firm for many years. The employees’ work, on the other hand, benefits the period in which the wages are generated only and should be expensed then. This is what differentiates an asset from an expense.


 

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Subject: Accounts Receivable Exam Prep: Bank Exams , CAT
Job Role: Bank Clerk , Bank PO

4 3085
Q:

The study of trees is called

A) Histology B) Andreology
C) Sistology D) Dendrology
 
Answer & Explanation Answer: D) Dendrology

Explanation:

The study of trees is called Dendrology.

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Filed Under: General Science
Exam Prep: AIEEE , Bank Exams , CAT , GATE
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2 3084
Q:

What does drop ship mean in Accounts ?

Answer

Drop Ship refers to, a manufacturer shipping goods directly to one of its customers' customer (instead of delivering the goods to the customer that placed the order with the manufacturer).


This concept of shipping goods is called as drop ship, drop shipping or a drop shipment.

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Subject: Accounts Receivable Exam Prep: Bank Exams , CAT
Job Role: Bank Clerk , Bank PO

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Q:

The tech giant that has acquired Flipgrid, an education start-up with an app that lets students record and share videos on specific topics with their classmates is

A) Microsoft B) Wipro
C) TCS D) Google
 
Answer & Explanation Answer: A) Microsoft

Explanation:

Microsoft has acquired Flipgrid, an education start-up with an app that lets students record and share videos on specific topics with their classmates.

 

Microsoft is making Flipgrid free of charge.

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Filed Under: General Awareness
Exam Prep: AIEEE , Bank Exams , CAT
Job Role: Analyst , Bank Clerk , Bank PO

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Q:

Which of the following is not a prime cost?

A) Supervisor's wages B) Assembly line wages
C) Machine operators wages D) Direct labor wages
 
Answer & Explanation Answer: A) Supervisor's wages

Explanation:

The prime cost calculates the use of raw materials and direct labor, but does not factor in indirect expenses, such as advertising and administrative costs.

Supervisor's wages doesn;t come under prime cost.

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Filed Under: Indian Economy
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2 3082
Q:

Which city has become the first Indian city to have its own logo?

A) Bengaluru B) Hyderabad
C) New Delhi D) Gujarat
 
Answer & Explanation Answer: A) Bengaluru

Explanation:

Bengaluru becomes the first Indian city to get its very own logo

    • Much like New York and Singapore, Bengaluru is set to get its own logo, becoming the first Indian city to do so.

 

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Filed Under: General Awareness
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Q:

Which among the following pairs is mismatched?

A) Electricity act – 2003 B) Green Revolution – 1991
C) National Telecom policy – 2012 D) National policy on skill & development–2009
 
Answer & Explanation Answer: B) Green Revolution – 1991

Explanation:

The given matching is about the policies and acts names and in which year they took place.

Here Green Revolution - 1991 is given and which is not TRUE. It took place in between 1960 - 1980.

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Filed Under: World History
Exam Prep: AIEEE , Bank Exams , CAT
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