CAT Questions

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Madhya Pradesh has become the first Indian state to announce shifting of its financial year format to January-December starting from 2018, as against the current practice of April-March cycle. The decision has recently taken by the state government in its state cabinet meeting, which was chaired by Chief Minister Shivraj Singh Chouhan. Thus, the budget session of the next financial year would be held in December-January 2018.

World Press Freedom Day is observed on 3 May every year.

This year’s theme is “Critical Minds for Critical Times: Media’s role in advancing peaceful, just and inclusive societies”.

Chenab River in Jammu & Kashmir in next 2 years. Its height is 359 mts i.e 35mts more than the height of Eiffel Tower.

The China-sponsored Asian Infrastructure Investment Bank (AIIB) has approved $160 million loan for Andhra Pradesh – 24×7 Power for All project with an objective to strengthen power transmission and distribution system in the state. It is the first credit from the AIIB for an Indian project. The power project is co-financed by the World Bank (WB). The project is part of the Government of India’s Power for All Program that was launched in 2014 to provide an efficient, reliable and affordable electricity supply to all consumers across selected states within five years from the start of implementation of the program in each state.

The United Nations has marked the first World Tuna Day (WTD) on May 2, 2017 to conserve one of the globe’s most popular fish to be caught and eaten and to highlight the vital socio-economic importance of tuna to people around the world. Tuna plays a critical role in sustainable development, food security, economic opportunity, and livelihoods of people around the world. At present more than 80 States have tuna fisheries, thousands of tuna fishing vessels operate in all the oceans and tuna fishery capacity is still growing in the Indian and Pacific Oceans. The Day was designated in December 2016 resolution of the UN General Assembly.

Yielding the floor :  The speaker of the Lok sabha can ask a member of the house to stop speaking and let another member speak.

Crossing the floor:  Passing between the member addressing the House and the Chair which is considered breach of Parliamentary etiquette.

Point of Order:  A Member of Parliament may raise a point of order if he feels that the proceedings of' the House do not follow the normal rules. The presiding officer decides whether the point of order raised by the member should be allowed.

Calling Attention Motion:  With the prior permission of the Speaker, any member of the Parliament may call the attention of a Minister to a matter of urgent public importance. The Minister may make a brief statement about the matter or he may ask for time to make a statement later.

Given 5:6 :: 7:10 :: 6:5

We know that compound ratio is calculated as
a:b :: c:d :: e:f
(axcxe):(bxdxf)

=> (5x7x6):(6x10x5)
=> (210):(300)
= 7:10

Budgetary Control is establishment of budgets and the continuous comparison of actual results with the planned results. It computes the variances and after that management takes necessary actions to maintain favorable variations, through revision of the budgets.