Common Admission Test (CAT) Questions and Answers with Explanation

Q:

Detroit, USA is famous for which of the following industries?

A) Steel and Iron	B) Petrochemical
C) Automobile	D) None of the above

Answer & Explanation Answer: C) Automobile

Explanation:

detroit_usa_is_famous_for_which_of_the_following_industries1553077783.jpg image

Detroit is the largest and most populous city in the U.S. state of Michigan. It is famous for Automobile Industries and is also known as MOTOR CITY.

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Filed Under: Famous Places
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Q:

Teressa Island is located in which union territory of India?

A) Andaman & Nicobar	B) Pondicherry
C) Delhi	D) Lakshadweep

Answer & Explanation Answer: A) Andaman & Nicobar

Explanation:

Teressa Island is located in Andaman & Nicobar of India.

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Filed Under: Indian Geography
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Q:

What will be the ratio of simple interest earned by certain amount at the same rate of interestfor 4 years and 6 years ?

A) 1:2	B) 2:1
C) 2:3	D) 3:2

Answer & Explanation Answer: C) 2:3

Explanation:

Let p be the principle amount

And R% be the rate of interest

Then, required ratio = $(\frac{\frac{P \times 4 \times R}{100}}{\frac{P \times 6 \times R}{100}})$

$\Rightarrow \frac{4 P R}{6 P R}$ = 2:3

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Filed Under: Simple Interest
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Q:

Which company is now listed to be one of the world's most valuable privately held companies ?

A) Space X	B) Tata Steels
C) Facebook	D) Apple

Answer & Explanation Answer: A) Space X

Explanation:

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

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Q:

When data in a spreadsheet program is changed what occurs?

A) All calculations are recalculated	B) Once entered, the data cannot be changed
C) Nothing	D) None of the above

Answer & Explanation Answer: A) All calculations are recalculated

Explanation:

In a spreadsheet program, when a data is changed all calculations are recalculated.

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Filed Under: Computer
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Q:

The primary Economic function of the Financial system is to

A) Providing experts advice to investors and savers	B) Match one person's savings with another person's investment
C) Keeping interest rates low	D) Match one person's consumpion expenditure with another person's capital expenditure

Answer & Explanation Answer: B) Match one person's savings with another person's investment

Explanation:

The primary Economic function of the Financial system is to match one person's savings with another person's investment.

The_primary_Economic_function_of_the_Financial_system_is_to1556258311.png image

* As a key component of the financial system, banks allocate funds from savers to borrowers in an efficient manner.

* They provide specialized financial services, which reduce the cost of obtaining information about both savings and borrowing opportunities.

* These financial services help to make the overall economy more efficient.

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Filed Under: Bank Interview
Exam Prep: CAT , Bank Exams , AIEEE
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Q:

Which is the only gem of world made of a single element?

A) Platinum	B) Diamond
C) Emerald	D) Ruby

Answer & Explanation Answer: B) Diamond

Explanation:

The only gem of world made of a single element is Diamond.

the_only_gem_of_world_made_of_a_single_element1563602197.jpg image

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Filed Under: Chemistry
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Q:

Which of the following terms is not used in banking sector?

A) Daily Product Basis	B) Remittancel
C) Cash Reserve	D) Actuary

Answer & Explanation Answer: D) Actuary

Explanation:

Actuary is the term which is not used in banking sector.

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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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