CAT Questions

Q:

In the question given below, three paragraphs are given, which are jumbled. Find the correct sequence of these paragraphs so that they form a meaningful passage.
A. The power of compounding works the way it does because you are reinvesting the interest that you earn back into the instrument, besides giving it time to grow. Let’s simplify it further. Say in the first year you invest ₹100 and you get 10% annual return of ₹10. Next year, along with ₹110 (the first year principal amount and the interest amount), you will put another ₹100. The ₹10 you earned as interest gets reinvested, helping you grow your money faster.

B. To get a perspective, let’s turn to some numbers. Say you started investing ₹3,000 a month when you were 25, and go on till you are 60. At an average annual rate of 7% returns, your corpus will grow to ₹53.24 lakh. If you decide to start investing at the age of 35 years, even if you put aside double the amount— ₹6,000 per month — till the age of 60, the value of your corpus will be only ₹48.72 lakh. The example shows that you would need half the amount to get more in returns if you start investing early.
C. Adulting can’t wait when it comes to savings and investing. Why you may ask? If you delay your investments, how will you see the magic of compounding? When it comes to investing, you need to start early. In fact, you should start saving and investing as soon as you start earning. Compounding allows you to build a bigger corpus with a smaller amount.

A) BAC B) CAB
C) BCA D) ABC
 
Answer & Explanation Answer:

Explanation:

The correct sequence is CBA.

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Filed Under: English
Exam Prep: TOEFL , GRE , CAT

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Q:

Who is the Chief Minister of Punjab as of 1st March 2018?

A) Navjot Singh Sidhu B) Captain Amarinder Singh
C) Parkash Singh Badal D) Naveen Mahindra
 
Answer & Explanation Answer: B) Captain Amarinder Singh

Explanation:
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Filed Under: Indian Politics
Exam Prep: CAT , Bank Exams

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Q:

Which metal is responsible for Itai-Itai disease?

A) Cadmium B) Nickel
C) Chromium D) Mercury
 
Answer & Explanation Answer: A) Cadmium

Explanation:
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Filed Under: Chemistry
Exam Prep: AIEEE , Bank Exams , CAT

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Q:

Sales commissions are classified as

A) period costs B) indirect labor
C) overhead costs D) product costs
 
Answer & Explanation Answer: D) product costs

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

3 2110
Q:

As per guidelines of the RBI, payments banks can accept demand deposits (savings and current) up to a maximum of _______________ per customer. 

A) Rs 1,00,000  B) Rs 2,00,000 
C) Rs 50,000  D) Rs 5,00,000 
 
Answer & Explanation Answer: A) Rs 1,00,000 

Explanation:

As per guidelines of the RBI, payments banks can accept demand deposits – savings and current – up to a maximum of ?1 lakh per customer. To overcome this restriction of holding a maximum balance of ?1 lakh per customer, payments banks have entered into tie-ups with mainline banks so that balances over ?1 lakh can be converted into fixed deposits with the latter. 

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Filed Under: General Awareness
Exam Prep: AIEEE , Bank Exams , CAT

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Q:

In each of the questions given below, a passage has been given which are either situational based or describes a scenario. Below each passage, a question has been given which is framed to make you to infer something out of it. Mark out the correct inference as your answer.
India's leading and most popular food delivery start-up, Swiggy landed in a soup on Wednesday, after four people claiming to be current and former employees allegedly revealed fraudulent
and unethical means practiced at the company, in a blog post.
Which of the following can be said about the allegations?

A) Defragmented B) Ambiguous
C) Definitive D) Anecdotal
 
Answer & Explanation Answer:

Explanation:

Defragmented means to run a process that collects fragments of files and sorts them into contiguous sections on one or more hard disks or hard disk partitions, thus speeding up file
management.
Ambiguous means to be of uncertain nature or significance.
Definitive means clearly defined or formulated.
Anecdotal means to have the character of an anecdote.
Speculative means not based on fact or investigation.
Hence, the correct answer is 5.

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Filed Under: English
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Q:

Which Freedom Fighter addressed Mahatma Gandhi as "Father of the Nation" for the 1st time?

A) Jawaharlal Nehru B) Subhash Chandra Bose
C) Sarojini Naidu D) Chandra Shekhar Azad
 
Answer & Explanation Answer: B) Subhash Chandra Bose

Explanation:
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Filed Under: Indian History
Exam Prep: AIEEE , Bank Exams , CAT

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Q:

Comments are

A) Explain program logic B) Non Executable statements in program
C) Both A & B D) Executable statements in program
 
Answer & Explanation Answer: C) Both A & B

Explanation:

Comments are Non Executable statements in program & Explain program logic.

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Filed Under: Application Development
Exam Prep: AIEEE , Bank Exams , CAT
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