CAT Questions

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The United States Federal Earned Income Tax Credit (EITC) is a refundable tax credit, that helps low and medium - income individuals and couples, primarily for those who have qualifying children. 

The distance around a circle is called as Circumference. And that in the case of square or rectangle it is called as Perimeter.

20% of 120

20 x 120/100

= 4 x 6

= 24

Hence, 20% of 120 = 24.

Land is considered as an important resource because it is useful in producing many things. For example, in agriculture, land is used for cultivating the crop, in industrial use, it is used for constructing factories and to make products that we use.

Shillong is the capital city of Meghalaya state in India. It is well known tourist place as a hill station in northeast India which attracts tourists all over the world.

Ans.  Suppose the speed of boat in still water is x km/h and speed of stream is y km/h

Speedof boat in downstream = (x + y) km/h x+ y = 32 …(i) 

Speed of boat in upstream = (x – y) km/h

x – y = 28 …(ii)

Add. Eqs. (i) and (ii), we get 2x = 60

x = 30 km/h

Monetary policy is the process by which the monetary authority of a country, typically the central bank or currency board, controls either the cost of very short-term borrowing or the monetary base, often targeting an inflation rate or interest rate to ensure price stability and general trust in the currency.

The basic objective of monetary policy is to assist the economy in achieving a full-employment, noninflationary level of total output.

Cause-effect chain: Changes in the money supply affect interest rates, which affect investment spending and therefore aggregate demand.