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CAT Questions

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Q:

The federal government debt is equal to the

A) sum of past budget deficits minus the sum of past budget surpluses B) annual difference between federal government tax revenues and outlays
C) obligations of benefits from federal taxes and expenditures D) sum of all annual federal government outlays
 
Answer & Explanation Answer: A) sum of past budget deficits minus the sum of past budget surpluses

Explanation:

The federal government debt is equal to the sum of past budget deficits minus the sum of past budget surpluses.

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

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Q:

In which of the following cases will total revenue increase?

A) Price rises and demand is inelastic B) Price falls and supply is inelastic
C) Price rises and demand is elastic D) Price falls and demand is inelastic
 
Answer & Explanation Answer: A) Price rises and demand is inelastic

Explanation:

In the case of, "Price rises and demand is inelastic", the total revenue increases.

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

1 1649
Q:

Which country is the largest producer of Rice in the world?

A) Russia B) China
C) Brazil D) India
 
Answer & Explanation Answer: B) China

Explanation:

China is the largest producer of Rice in the world.

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

1 1649
Q:

Would you lie for the company ?

Answer

This is one of the trickiest questions in the world of interviewing, as it pits two morals against each other − Loyalty verses Honesty.


In such cases, try to give an answer that’s as diplomatic as possible, like − I will never do anything that could cast a shadow on the company’s image and reputation. I will always consult with my seniors before taking a decision, so that they can guide me with their expertise and level of experience.

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Subject: Interpersonal Exam Prep: Bank Exams , CAT , GATE , GRE
Job Role: Bank Clerk , Bank PO , IT Trainer , Network Engineer , Project Manager

1 1649
Q:

The largest component of GDP is

A) income B) wages
C) consumption D) imports
 
Answer & Explanation Answer: C) consumption

Explanation:

Consumption is the largest component of GDP.

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

1 1648
Q:

What two elements are used to make bronze?

A) Lead and copper B) copper and tin
C) Tin and lead D) copper and iron
 
Answer & Explanation Answer: C) Tin and lead

Explanation:

The two elements that are used to make bronze are tin and lead.

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Filed Under: Chemistry
Exam Prep: AIEEE , Bank Exams , CAT
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2 1647
Q:

National income accountants can avoid multiple counting by

A) subtracting NDP from GDP B) add exports, but subtract imports
C) only counting final goods D) None of the above
 
Answer & Explanation Answer: C) only counting final goods

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

2 1646
Q:

A large underground economy results in an

A) Overstated GDP B) Understated GDP price index
C) Overstated GDP price index D) Understated GDP
 
Answer & Explanation Answer: D) Understated GDP

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

2 1645