CAT Questions

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The passage states that reality is not an absolute truth, but a result of our consistent experiences. This makes option a is a correct inference made from the passage. Option 2 is a direct statement already made in the given passage. Option 3 cannot be inferred from the passage as ‘pragmatism’ is considered as a philosophy while ‘reality’ is considered as an amalgamation of our experiences. According to the given passage our experiences enables us to determine what is the reality which may or may not be the truth. This makes option 4 incorrect.

Accounts-receivable financing is a type of asset-financing arrangement in which a company uses its receivables — outstanding invoices or money owed by customers — to receive financing.

when a business sells its AR (accounts receivable) to a factoring company and receives short-term business funding in return, this is what called as Accounts Receivable Financing.

How it works ::

Business-to-business sales are often offered with payment terms of 30, 60 or 90 days.

The buyer receives the product, but doesn't submit payment until the mutually agreed-upon date.

The seller records the sale as revenues and increases the accounts receivable by the amount of the sale.

When the payment arrives, the seller decreases the accounts receivable and increases cash.

Accounts receivable financing allows the seller to get the cash immediately by selling the receivable to a third party. This is called factoring.

The Department of Industrial Policy and Promotion (DIPP), Ministry of Commerce and Industry, hosts a conference on Global Digital Content Market (GDCM) 2018, on 14th- 15thNovember 2018, in New Delhi. The conference will feature sessions on music, film, broadcasting and publishing, as well as collective management, emerging models and the implications for the market and policy makers.

Abilities belong to humans, not of institutions. The number of beds in a hospital are fixed. They cannot be increased beyond a certain limit. So, if the number of beds is less, the number of patients often exceed the number of beds. Insipid and tasteless are synonymous, so no change there. Both medication and medicine have bills, so, changing hem wouldn’t make a difference. Hence, the correct answer is 2.

In the early 7th century, 610 A.D Islam was founded and Prophet Muhammad was accredited for its origin. It is beleived that it was first origined in Mecca and Medina.