CAT Questions

Q:

What is true about personal financial planning?

A) Personal financial planning is the process of creating and achieving financial goals B) Our financial decisions decrease once we reach adulthood
C) A family's resources are unlimited D) There are two means for achieving financial goals—you either need to increase your spending or reduce savings
 
Answer & Explanation Answer: A) Personal financial planning is the process of creating and achieving financial goals

Explanation:

Personal financial planning is the process of creating and achieving financial goals.

 

True statements regarding personal financial planning:

As we age, the number and complexity of the financial decisions that we make increases.

There are two means for achieving financial goals—you either need to increase your savings or reduce spending.

A family's resources are limited.

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

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Q:

Who is the new Chief Minister of Rajasthan?

A) Ashok Gehlot B) Sachin Pilot
C) Jyotiraditya D) Rakesh Asthana
 
Answer & Explanation Answer: A) Ashok Gehlot

Explanation:

Ashok Gehlot is the new Chief Minister of Rajasthan and Sachin Pilot is his Deputy.

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Filed Under: General Awareness
Exam Prep: AIEEE , Bank Exams , CAT
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Q:

Fixed Foreign Exchange rate can be changed by

A) SEBI B) Ministry of Finance
C) RBI D) All of the above
 
Answer & Explanation Answer: C) RBI

Explanation:

Fixed Foreign Exchange rate can be changed by Reserve Bank Of India (RBI).

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

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Q:

Oligopolistic industries are characterized by

A) a few dominant firms and no barriers to entry B) a large number of firms and low entry barriers
C) a few dominant firms and substantial entry barriers D) a few dominant firms and low entry barriers
 
Answer & Explanation Answer: C) a few dominant firms and substantial entry barriers

Explanation:

Oligopoly is market structure where a small number of large firms are there. Oligopolistic industries are characterized by a few dominant firms and substantial entry barriers.

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Filed Under: Business Awareness
Exam Prep: AIEEE , Bank Exams , CAT , GATE
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Q:

The goal of a market economy is to

A) equity B) security
C) Both A & B D) None of the above
 
Answer & Explanation Answer: A) equity

Explanation:
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Filed Under: Indian Economy
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Q:

Which sport man is branded as "Fast Man on Earth"?

A) Milka Singh B) Usain Bolt
C) Ronaldo D) Christian
 
Answer & Explanation Answer: B) Usain Bolt

Explanation:

Usain Bolt is branded as "Fast Man on Earth".

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Filed Under: Sports
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Q:

The ancient goal of astrology was to 

A) make a more accurate model of the universe B) predict human events
C) understand the origin of Earth D) predict the passing of the seasons
 
Answer & Explanation Answer: B) predict human events

Explanation:

The ancient goal of astrology was to predict human events.

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Filed Under: Indian History
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Q:

Choose the correct meaning of the idiom/phrase: In the following question, out of the four alternatives, select the alternative which best expresses the meaning of the idiom/phrase.


to go the extra mile

A) to get an unexpected bonus B) to make a special effort to achieve something
C) to lose one's way and walk aimlessly D) a vehicle which is very fuel efficient
 
Answer & Explanation Answer: B) to make a special effort to achieve something

Explanation:
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Filed Under: English
Exam Prep: AIEEE , Bank Exams , CAT , GRE

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