Common Admission Test (CAT) Questions and Answers with Explanation

Q:

The Law of Demand is based on the concept that people _______.

A) buy more of a good as their income increases.	B) buy more of a good as the price of the good falls.
C) will spend all of their money on something.	D) want more of everything even if they have no money to buy anything.

Answer & Explanation Answer: B) buy more of a good as the price of the good falls.

Explanation:

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Filed Under: Indian Economy
Exam Prep: AIEEE , Bank Exams , CAT

0 1345

Q:

A series is given with one term missing. Choose the correct alternative from the given ones that will complete the series.

BE, HK, NQ, ?

A) ST	B) TU
C) TW	D) TS

Answer & Explanation Answer: C) TW

Explanation:

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Filed Under: Alphabet Test
Exam Prep: AIEEE , Bank Exams , CAT

0 1343

Q:

"Residex Index" is associated with which of these?

A) Share Prices	B) Mutual Fund Prices
C) Price Inflation Index	D) Housing Prices

Answer & Explanation Answer: D) Housing Prices

Explanation:

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Filed Under: Indian Economy
Exam Prep: Bank Exams , CAT

0 1343

Q:

The determinants of aggregate supply -

A) Capital stock	B) Wages
C) Technology	D) All of the above

Answer & Explanation Answer: D) All of the above

Explanation:

Aggregate supply is the total supply of goods and services available to a particular market from producers.

Wages, Technology, Capital stock, Energy prices are the determinants of aggregate supply.

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Filed Under: Indian Economy
Exam Prep: Bank Exams , CAT

0 1341

Q:

Consider the given statement and decide which of the following assumptions is/are implicit in the statement.
Statement:
The headmistress called for a meeting for all staff members to discuss on discipline issues.
Assumptions:
I. There were some discipline issues that were raised earlier.
II. The headmistress wants to address all of them together.

A) Only I is implicit.	B) Only II is implicit.
C) Both I and II are implicit.	D) Neither I nor II is implicit.

Answer & Explanation Answer: A) Only I is implicit.

Explanation:

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Filed Under: Statement and Assumptions
Exam Prep: AIEEE , Bank Exams , CAT

0 1335

Q:

"An Extraordinary Life, An Indian Destiny" is a biography on

A) Manmohan Singh	B) Sonia Gandhi
C) Shashi Tharoor	D) Indira Gandhi

Answer & Explanation Answer: B) Sonia Gandhi

Explanation:

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Filed Under: Books and Authors
Exam Prep: AIEEE , Bank Exams , CAT

0 1329

Q:

The number of parliamentary seats (Lok Sabha) of Andhra Pradesh is _______.

A) 2	B) 13
C) 19	D) 25

Answer & Explanation Answer: D) 25

Explanation:

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

1 1327

Q:

As of February 2018, who owns the Kolkata-Based IPL team 'Kolkata Knight Riders'?

A) Sourav Ganguly	B) Shah Rukh Khan
C) Subrata Roy	D) Aamir Khan

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