CAT Questions

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A place where monks live as a secluded community is Monastery.

Let x be the investment of Lasya in 5% and y be in 4%

x(5)(n)/100 = y(4)(n)/100

=> x/y = 4/5

x : y = 4 : 5

Interest earned in scheme M =   

P1 + 201002 - 1 = 11P25

Interest earned in scheme N =  

P x k x 2100 = Pk50

Now, from the given data,

11P25 = 2 x Pk50

k = 11

The GST Council on Nov 10th 2017 cut tax rates of over 175 products that were in the highest tax slab of 28% under the Goods and Services Tax (GST) regime.  

Currently only 50 items have been left in the 28% category out of a total of 227 items that were present earlier.

The area in which two types of air masses meet is called Front. There are two types of fronts. They are 

1) Cold front

2) Warm front

When a cold air mass pushes a warm air mass, it is called as Cold front. Similarly, when a warm air mass pushes the cold air mass, it is called as warm front.

ICICI Bank topped the list of banks that witnessed the most number of frauds during April-December period of 2016 with state-owned SBI taking the second spot, RBI data said.

India’s first contactless business credit card has been launched by ICICI bank in association with Jet Airways, India premier international airline, for Small and Mid-sized Enterprises (SMEs) and their employees. The card has been christened as the ‘Jet Airways ICICI Bank Business Advantage Card’, which helps customers to save on their business expenses. The card is powered by the ‘VISA payWave’ contactless technology that enables the cardholder to make payments by simply tapping the card at contactless enabled terminals in more than 48 countries, including India. The card can also be used by dipping or swiping at non-contactless merchants.

Let 'R%' be the rate of interest

From the given data,

$$\begin{gathered} 25202400 = 1 + R10041 + R1003 \\ ⇒1 + R100 = 6360 \\ ⇒R = 5 \end{gathered}$$

Hence, the rate of interest R = 5% per annum.