CAT Questions

Q:

Choose the option that best captures the essence of the text.
Issue of money, in the form of banknotes and current accounts subject to cheque or payment at the customer's order. These claims on banks can act as money because they are negotiable and/or repayable on demand, and hence valued at par and effectively transferable by mere delivery in the case of banknotes, or by drawing a cheque that the payee may bank or cash. Banks act as both collection and paying agents for customers, participating in interbank clearing and settlement systems to collect, present, be presented with, and pay payment instruments. This enables banks to economize on reserves held for settlement of payments, since inward and outward payments offset each other. It also enables ____________.

A) The offsetting of payment flows between geographical areas, increasing the cost of settlement between them. B) The offsetting of payment flows between geographical areas, reducing the cost of settlement between them.
C) The offsetting of payment flows only in urban areas, reducing the cost of settlement between them. D) The offsetting of payment flows only in rural areas, increasing the cost of settlement between them.
 
Answer & Explanation Answer: B) The offsetting of payment flows between geographical areas, reducing the cost of settlement between them.

Explanation:

The passage is based on economic development of the bank. It says that the economic growth of the bank in terms of the money is based on the cost of settlement. If this cost is reduced amongst the countries then the flow of payment will be maintained or vice versa. It is nowhere mentioned in the passage about rural or urban areas so we will take a general context. Hence option B is the correct option.

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Filed Under: English
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Q:

On what basis currency value depends?

A) inflation B) employment
C) imports and exports D) All of the above
 
Answer & Explanation Answer: D) All of the above

Explanation:

In economy, the currency value depends on imports and exports, inflation, employment, interest rates, growth rate, trade deficit, performance of equity markets, foreign exchange reserves, macroeconomic policies, foreign investment inflows, banking capital, commodity prices.

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Filed Under: Bank Interview
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Q:

What separates Europe from Asia?

A) Caspian mountains B) Ural mountains
C) Himalayan mountains D) Carpathian mountains
 
Answer & Explanation Answer: B) Ural mountains

Explanation:

what_separates_europe_from_asia1555495995.jpg image

Europe from Asia are separated by Ural mountains.

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Filed Under: World Geography
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Q:

Who appointed as the new Chief Election Commissioner of India?

A) Sunil Arora B) Rajat Kumar
C) Sandeep Misra D) None of the above
 
Answer & Explanation Answer: A) Sunil Arora

Explanation:

Sunil Arora, appointed as the new Chief Election Commissioner of India.

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Filed Under: General Awareness
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Q:

Activation of the receptors by stimuli is called

A) Perception B) Habituation
C) Adaptation D) Sensation
 
Answer & Explanation Answer: D) Sensation

Explanation:

Activation of the receptors by stimuli is called Sensation.

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Filed Under: General Science
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Q:

Statement: A large number of students who have passed their XII Std. terminal examination in the country could not get admission to colleges as the number of seats available are grossly inadequate.
Courses of action:
a. The evaluation system of XII Std. terminal examination should be made more tough so that fewer students pass the examination.
b. The Government should encourage the private sector to open new colleges by providing them land at cheaper rate.
c. The rich people should be asked to send their wards to foreign countries for higher studies enabling the needy students to get admission in colleges within the country.

A) only a and b follows B) Only c follows
C) Only b follows D) All a, b & c follows
 
Answer & Explanation Answer: C) Only b follows

Explanation:

Clearly, reducing the number of aspirants for admission to colleges or sending the students of well-to-do families to foreign countries for higher studies, is no proper solution. So, both I and III do not follow. The right solution is to increase the number of colleges so as t accommodate the increasing number of admission-seekers. So, only II follows.

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Q:

Which of the following uses a Non Renewable Energy Source?

A) Wind Mill Power Plant B) Hydro Electric Plant
C) Nuclear Power Plant D) Tidal Power Plant
 
Answer & Explanation Answer: C) Nuclear Power Plant

Explanation:

Nuclear Power Plant uses a Non Renewable Energy Source.

 

Non-renewable energy is that source of energy which can not be used again and again. This sort of energy is sustainable to exhaustion.


Non renewable energy is that form of energy which is subject to deletion. This type of energy is of many uses to us. It can be used to produce electricity, heating, cooking, transportation and manufacturing. 85% of the energy used in the industrial processes is form the non-renewable type of energy.

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Filed Under: Physics
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Q:

The first country to make a constitution

A) Russia B) United States
C) France D) North Korea
 
Answer & Explanation Answer: B) United States

Explanation:

The United States Constitution, ratified June 21, 1788, was influenced by the writings of Polybius, Locke, Montesquieu, and others. The document became a benchmark for republicanism and codified constitutions written thereafter. The Polish–Lithuanian Commonwealth Constitution was passed on May 3, 1791.

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Filed Under: World History
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