Common Admission Test (CAT) Questions and Answers with Explanation

Q:

If x - y = -9 and xy = -20, then find $x^{2} + y^{2}$ ?

A) 61	B) 41
C) 81	D) 51

Answer & Explanation Answer: B) 41

Explanation:

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Filed Under: Simplification
Exam Prep: AIEEE , Bank Exams , CAT

0 1861

Q:

An increase in the price of a good will

A) decrease demand	B) increase quantity demanded
C) increase demand	D) decrease quantity demanded

Answer & Explanation Answer: D) decrease quantity demanded

Explanation:

In economics we study that, if the price of a good increases the demand in its quantity decreases or the demand for its complimentary good increases.

For example, if the rice of a good increased by 5%, the demand in its quantity decreases by 10% approximately.

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

2 1860

Q:

Which Bank has bagged Hindi implementation award Rajbhasha Kirti Award for outstanding performance in implementing the Official Language Policy during 2017-18?

A) Union Bank of India	B) Indian Bank
C) Punjab National Bank	D) State Bank of India

Answer & Explanation Answer: C) Punjab National Bank

Explanation:

Punjab National Bank bagged Hindi implementation award Rajbhasha Kirti. Punjab National Bank got an award for outstanding performance in implementing the Official Language Policy during 2017-18.

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Filed Under: Honours and Awards
Exam Prep: AIEEE , Bank Exams , CAT

0 1858

Q:

World Investment Report is published by which organizations?

A) UNESCO	B) JICA
C) UNCTAD	D) FDI

Answer & Explanation Answer: C) UNCTAD

Explanation:

UNCTAD - United Nations Conference on Trade and Development annually publishes the world investment report from 1991.

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Filed Under: World Organisations
Exam Prep: AIEEE , Bank Exams , CAT , GATE
Job Role: Analyst , Bank Clerk , Bank PO

2 1857

Q:

Microeconomics deals with the

A) Behavior of industrial decision makers	B) Allocation of resources of the economy as between production of different goods and services
C) Determination of prices of goods and services	D) All of the above

Answer & Explanation Answer: D) All of the above

Explanation:

Microeconomics deals with the

* Allocation of resources of the economy as between production of different goods and services.

* Determination of prices of goods and services.

* Behavior of industrial decision makers.

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

1 1856

Q:

What is the current reverse repo rate of RBI?

A) 5.75%	B) 6.25%
C) 6%	D) 5.40%

Answer & Explanation Answer: D) 5.40%

Explanation:

5.40% is the current reverse repo rate of RBI as of 2019. As of 2018 it is 6.5%.

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

0 1856

Q:

A market is said to be in equilibrium when

A) There is downward pressure on price	B) The amount consumers wish to buy at the current price equals the amount producers wish to sell at that price
C) All buyers are able to find sellers willing to sell to them at the current price	D) Supply equals demand

Answer & Explanation Answer: D) Supply equals demand

Explanation:

A market is said to be in equilibrium when market demand is equal to market Supply.

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

3 1854

Q:

If 'Q ' means ' +', 'J ' means ' X',T ' ' means '- ' and 'K ' means ' $\div$ ', then what is the value of18K3Q7J ?

A) 15	B) 10
C) 18	D) 12

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