CAT Questions

Q:

To the economist, total cost includes

A) neither implicit nor explicit costs. B) implicit, but not explicit, costs.
C) explicit, but not implicit, cost. D) explicit and implicit costs.
 
Answer & Explanation Answer: D) explicit and implicit costs.

Explanation:
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Filed Under: Indian Economy
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Q:

Assessing opportunity cost involves

A) choosing consequences over profits B) maximizing profit and loss
C) making choices and dealing with consequences D) Both B & C
 
Answer & Explanation Answer: C) making choices and dealing with consequences

Explanation:

Assessing opportunity cost involves making choices and dealing with consequences.

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Filed Under: Indian Economy
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Q:

Describe a situation in which you had to arrive at a compromise or guide others to a compromise ?

Answer

This question is designed to see how well you can mediate a situation and handle conflict. You want to come across as someone who can compromise when necessary. An interviewer wants to see that you can not only reach an outcome that is desirable for both sides of a conflict of interest, but also that you can understand where the other person is coming from. Empathy and understanding go a long way in any job and this is a good opportunity to show that you can put yourself in another’s shoes.

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Q:

This phenomenon is sometimes referred to as the southern lights.

A) Aurora australis B) Aurora borealis
C) Aurora polaris D) Aurora coriolis
 
Answer & Explanation Answer: A) Aurora australis

Explanation:

Polar lights (aurora polaris) are a natural phenomenon found in both the northern and southern hemispheres that can be truly awe inspiring.

Northern lights are also called by their scientific name, aurora borealis, and

Southern lights are called aurora australis.

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Filed Under: World Geography
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Q:

Who Built The Suez Canal?

A) Theodore Roosevelt B) Ferdinand de Lesseps
C) Robert Mills D) James Hoban
 
Answer & Explanation Answer: B) Ferdinand de Lesseps

Explanation:

The Suez Canal in Egypt, is a 101 mile long canal that connects the Mediterranean Sea with the Gulf of Suez, a northern branch of the Red Sea. It was built in 1869 by Ferdinand de Lesseps.

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Filed Under: General Awareness
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Q:

Who is the Indian writer of Mirror Image Shreemadbhagwad Gita?

Answer

Piyush Goel

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Subject: Books and Authors Exam Prep: CAT , Bank Exams , AIEEE
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Q:

The price of an article is cut by 3%. To restore to its original value, the new price must be increased by

A) 3 percent B) 7.11 percent
C) 3.09 percent D) 2.69 percent
 
Answer & Explanation Answer: C) 3.09 percent

Explanation:
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Filed Under: Percentage
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Q:

The greater is the marginal propensity to consume, the

A) lower is the price level B) smaller is the marginal propensity to save
C) lower is the average propensity to consume D) higher is the interest rate
 
Answer & Explanation Answer: B) smaller is the marginal propensity to save

Explanation:
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Filed Under: Indian Economy
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