Exams


Q:

'Equity schemes managed strong NAV gains, which boost their assets' was a news in some financial newspapers. What is the full form of the term NAV as used in above head lines ?

A) Nil Accounting Variation B) New Asset Venture
C) Net Accounting Venture D) Net Asset Value
 
Answer & Explanation Answer: D) Net Asset Value

Explanation:

Net asset value (NAV) is value per share of a mutual fund or an exchange-traded fund (ETF) on a specific date or time. It  is the value of an entity's assets minus the value of its liabilities, often in relation to open-end or mutual funds, since shares of such funds registered with the U.S. Securities and Exchange Commission are redeemed at their net asset value.

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Filed Under: Accounts Receivable
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Q:

The average salinity of seawater is

A) 35% B) 3.5%
C) 3% D) 2.5%
 
Answer & Explanation Answer: B) 3.5%

Explanation:

Seawater or salt water is water from a sea or ocean.

On average, seawater in the world's oceans has a salinity of approximately 3.5% or 35 parts per thousand. This means that for every 1 litre (1000 mL) of seawater there are 35 grams of salts dissolved in it.

 

Hence, The average salinity of seawater is 3.5%.

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Q:

Which is the most accurate statement about trade?

A) Trade makes some nations better off and others worse off B) Trading for a good can make a nation better off only if the nation cannot produce that good itself
C) Trade helps rich nations and hurts poor nations D) Trade can make every nation better off
 
Answer & Explanation Answer: D) Trade can make every nation better off

Explanation:
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Filed Under: Accounts Payable
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Q:

How many numbers with distinct digits are possible product of whose digits is 18?

A) 12 B) 8
C) 6 D) 4
 
Answer & Explanation Answer: B) 8

Explanation:

Two digit numbers: The two digits can be 2 and 9: Two possibilities 29 and 92.

Three-digit numbers: The three digits can be 1, 2 and 9 => 3! Or 6 possibilities.

We cannot have three digits as (3, 3, 2) as the digits have to be distinct.

We cannot have numbers with 4 digits or more without repeating the digits.

So, there are totally 8 numbers.

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Filed Under: Numbers
Exam Prep: CAT
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Q:

Which of the following is malleable?

A) Ice B) Gold
C) Stone D) Pottery
 
Answer & Explanation Answer: B) Gold

Explanation:

Here in the given options, Gold is a malleable substance.

Malleable substance means a metal or a material able to be hammered or pressed into shape without breaking or cracking. i.e, tensile.

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Filed Under: Chemistry
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Q:

Which structure is common to plant and animal cells?

A) Centriole B) Chloroplast
C) Central Vacuole D) Mitochondria
 
Answer & Explanation Answer: D) Mitochondria

Explanation:

Mitochondria are present in both plant and animal cells.

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Filed Under: Biology
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Q:

A sample of matter must be copper if

A) atoms in the sample react with oxygen B) the sample can conduct electricity
C) each atom in the sample has 29 protons D) the sample melts at 1768k
 
Answer & Explanation Answer: C) each atom in the sample has 29 protons

Explanation:

A sample of matter must be copper if each atom in the sample has 29 protons.

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Filed Under: Chemistry
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Q:

Kathak, Nauntanki, Jhora and Kajri are the important dances of

A) Rajasthan B) Punjab
C) Uttar Pradesh D) Andhra Pradesh
 
Answer & Explanation Answer: C) Uttar Pradesh

Explanation:

Kathak, Nauntanki, Jhora and Kajri are the important dances of Uttar Pradesh.

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Filed Under: Indian Culture
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