CAT Questions

Q:

The credit balance in the bank account is

A) amount liable to pay by bank B) amount liable to pay by customer
C) Both A + B D) None of the above
 
Answer & Explanation Answer: A) amount liable to pay by bank

Explanation:

Bank credit balance meant that the banker is laible to paid us.

And if we have a credit balance accouding to bank statement is mean we have " cash at bank" and in our book we show in the assets side but bank show laiblities side.

 

Hence, The credit balance in the bank account is the amiunt we have in our account and we are eligible to withdraw that.

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Filed Under: Bank Interview
Exam Prep: AIEEE , Bank Exams , CAT
Job Role: Analyst , Bank Clerk , Bank PO

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Q:

Which would usually be studied by a geologist?

A) Plants B) Insects
C) Earth D) Life
 
Answer & Explanation Answer: C) Earth

Explanation:

A geology is a branch of science that deals with the study of Earth, its structure and materials made it. And the person who studies this is called as Geologist.

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Filed Under: General Science
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Q:

Which city will host the "Global Aviation Summit" 2019?

A) Hyderabad B) Mumbai
C) Kolkata D) Delhi
 
Answer & Explanation Answer: B) Mumbai

Explanation:
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Filed Under: General Awareness
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Q:

A sales tax is a type of

A) aggressive B) regressive
C) both A & B D) None of the above
 
Answer & Explanation Answer: B) regressive

Explanation:

Sales tax is an additional amount of money you pay based on a percentage of the selling price of goods and services that are purchased.

 

For example, if you purchase a new laptop Rs. 40000 and live in an area where the sales tax is 6%, you would pay Rs.2400 in sales tax.

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Filed Under: Indian Economy
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Q:

An improvement in technology would shift

A) the demand curve rightward B) the supply curve rightward
C) the supply curve leftward D) the demand curve leftward
 
Answer & Explanation Answer: B) the supply curve rightward

Explanation:

An improvement in technology would shift the supply curve rightward.

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Filed Under: Indian Economy
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Q:

Prime Minister Narendra Modi inaugurated India's first Multi-Modal Terminal on which river?

A) Ganga B) Godavari
C) Yamuna D) Krishna
 
Answer & Explanation Answer: A) Ganga

Explanation:

Prime Minister Narendra Modi inaugurated India's first Multi-Modal Terminal on The Ganga river.

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Q:

In which of the following cases will total revenue increase?

A) Price rises and demand is inelastic B) Price falls and supply is inelastic
C) Price rises and demand is elastic D) Price falls and demand is inelastic
 
Answer & Explanation Answer: A) Price rises and demand is inelastic

Explanation:

In the case of, "Price rises and demand is inelastic", the total revenue increases.

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Q:

Through specialization and international trade, a nation

A) will attain some combination of goods lying inside its production possibilities curve B) will shift its production possibilities curve towards left
C) can attain some combination of goods lying outside its production possibilities curve D) will shift its production possibilities curve towards right
 
Answer & Explanation Answer: C) can attain some combination of goods lying outside its production possibilities curve

Explanation:
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Filed Under: Indian Economy
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