CAT Questions

Q:

Crack the following Logical WordPuzzle ?

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Answer

Maps.

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Subject: Word Puzzles Exam Prep: Bank Exams , CAT , GRE , TOEFL
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10 2786
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
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1 2784
Q:

Which best describes the fossil record?

A) The fossil record provides evidence of a common ancestor to many species B) The fossil record is inaccurate because scientists are not able to date fossils
C) The fossil record cannot provide evidence of evolution D) The fossil record provides evidence that disputes the theory of evolution
 
Answer & Explanation Answer: A) The fossil record provides evidence of a common ancestor to many species

Explanation:

A fossil is a traces or remainings of plants and animals that lived in the past. The fossil record provides evidence of a common ancestor to many species is the option that best describes the fossil record.

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Filed Under: General Science
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1 2784
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:

Capitalism is characterized by which of the following?

A) Profits B) A market economy
C) Privately owned businesses D) All the above
 
Answer & Explanation Answer: D) All the above

Explanation:

Capitalism is an economic system followed by a country or a society which is characterized by Privately owned businesses, a market economy and profits.


Capitalism is defined as "production for exchange" driven by the desire for personal accumulation of money receipts in such exchanges, mediated by free markets. The markets themselves are driven by the needs and wants of consumers and those of society as a whole in the form of the bourgeois state.

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Filed Under: Finance
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0 2783
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
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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
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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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