CAT Questions

Q:

Income taxes are allocated to

A) discontinued operations B) prior period adjustments
C) extraordinary items D) All the above
 
Answer & Explanation Answer: D) All the above

Explanation:

Income taxes are allocated to extraordinary items, discontinued operations and prior period adjustments.

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Filed Under: Indian Economy
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Q:

The Bantu were experts in this form of metallurgy

A) Copper B) Gold
C) Iron D) Steel
 
Answer & Explanation Answer: C) Iron

Explanation:

The Bantu were comprised of more than 500 ethnic groups of Africa for migrations. The Bantu were experts in the form of iron metallurgy. 

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Filed Under: Indian History
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Q:

Which among the following is not correctly matched?

A) Parachute: W H carothers B) Barometer: Torricelli
C) Cells: Robert Hooke D) X- Ray: W Roentgen
 
Answer & Explanation Answer: A) Parachute: W H carothers

Explanation:
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Filed Under: Inventions
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Q:

Which measurement describes the pressure of a gas?

A) 450 mm Hg B) 315 K
C) 251 g/cub.cm D) None of the above
 
Answer & Explanation Answer: A) 450 mm Hg

Explanation:

450 mm Hg denotes the air pressure.

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Filed Under: Physics
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Q:

The production possibilities curve illustrates the basic principle that

A) if all the resources of an economy are in use, more of one good can be produced only if less of another good is produced. B) the production of more of any one good will in time require smaller and smaller sacrifices of other goods.
C) an economy will automatically obtain full employment of its resources. D) an economy's capacity to produce increases in proportion to its population size.
 
Answer & Explanation Answer: A) if all the resources of an economy are in use, more of one good can be produced only if less of another good is produced.

Explanation:

A graph that describes the maximum amount of one good that can be produced for every possible level of production of the other good is nothing but a production possibilities curve.

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Filed Under: Indian Economy
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Q:

Which among the following is an asset for a bank?

A) The loans disbursed by Bank to its customers B) Cash Deposits of Customers
C) Investments made by Bank’s customers in its financial Products D) All of the above
 
Answer & Explanation Answer: A) The loans disbursed by Bank to its customers

Explanation:

Asset means anything that can be converted into cash. Here in banks, the loans disbursed by Bank to its customers is considered as assets because when they are cleared by them, then they are directly converted to cash.

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Filed Under: Accounts Receivable
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Q:

Which of these did progressives support?

Answer

One of the thing that progressive support would be: Direct election of senators.


 


The progressive wanted this so they could the candidate based on the person and not the party.
Direct election of senators will make it easier for them to elect the person that represent their value for the position.

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Subject: Indian Politics Exam Prep: AIEEE , Bank Exams , CAT
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Q:

The MPC for an economy is

A) the slope of the savings schedule or line. B) 1 divided by the slope of the savings schedule or line.
C) the slope of the consumption schedule or line. D) 1 divided by the slope of the consumption schedule or line.
 
Answer & Explanation Answer: D) 1 divided by the slope of the consumption schedule or line.

Explanation:

Marginal propensity to consume (MPC) in economics is a metric that quantifies induced consumption, the concept that the increase in personal consumer spending (consumption) occurs with an increase in disposable income (income after taxes and transfers).

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Filed Under: Indian Economy
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