CAT Questions

Q:

Which unit of valuation is known as paper gold?

A) SDR B) Eurodollar
C) GDR D) Petrodollar
 
Answer & Explanation Answer: A) SDR

Explanation:

SDR means Special Drawing Rights.

 

SDRs are a measure of a country's reserve assets with IMF and, whereas not 'money' in the strict sense, have several characteristics of money as interest-bearing assets, store of value, and means of settling indebtedness.

 

International financing instrument created in 1970 by the International Monetary Fund (IMF) to coincide with the disfavor of the US dollar as the principal currency of the world trade. Also called paper gold, an SDR is neither paper nor gold but an accounting entry. It is not backed by any currency or precious metal and is used only among governments and IMF for balance Of payments settlements.

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Filed Under: General Awareness
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11 8922
Q:

Solve The Logical Number Puzzle?

A) 72 B) 76
C) 84 D) 90
 
Answer & Explanation Answer: D) 90

Explanation:

The logic in the given puzzle is 

4 + 4 = 4 * 4+1 = 4 * 5 = 20

5 + 5 = 5 * 5+1 = 5 * 6 = 30

6 + 6 = 6 * 6+1 = 6 * 7 = 42

7 + 7 = 7 * 7+1 = 7 * 8 = 56

Similarly

9 + 9 = 9 * 9+1 = 9 * 10 = 90.

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Filed Under: Number Puzzles
Exam Prep: CAT , Bank Exams , AIEEE

35 8915
Q:

A earns 50% of B's salary, B earns 80% of C's salary. If the total earnings for a month is Rs. 22000, then what is the earning for A ?

A) Rs. 4000 B) Rs. 4200
C) Rs. 4400 D) Rs. 4600
 
Answer & Explanation Answer: A) Rs. 4000

Explanation:

Let C's salary be Rs. x

Then B's salary = 80x/100

=> A's salary = (50/100) * (80x/100) = 40x/100

But given total earnings in a month = 22000

=> x + 80x/100 + 40x/100 = 22000

=> x + 120x/100 = 22000

=> x = 10000

=> A's salary = 40 x 10000/100 = Rs. 4000 

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Filed Under: Percentage
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11 8914
Q:

Sumanth walks 200 feet straight from his house, which is facing north and then he walks 100 feet in reverse direction.Further he takes a left turn and walks 300 yards.In Which direction is Sumanth now from his original position?

A) South-East B) North-East
C) South-West D) North-West
 
Answer & Explanation Answer: B) North-East

Explanation:

Starting From his house, Sumanth walks 200 feet straight towards North; we can write it as N200. Similarly, the other distances and directions can be considered and written as follows : (Notice that he covers 300 yards towards East; one yard = 3 feet and hence 300 yards = 900 feet)

 N200S100E900 Adding all south and all North distances and finding the net result, and also adding all East and all West distances and finding the net result, this can further be summarized as : N100E900

 Thus, the direction from his original position is North-East.

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Filed Under: Direction Sense Test
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36 8914
Q:

Which company has overtaken Oil and Natural Gas Corp (ONGC) to become India’s most profitable state-owned company  ?

A) Indian Oil Corporation B) SAIL
C) Hindustan Petroleum D) GAIL
 
Answer & Explanation Answer: A) Indian Oil Corporation

Explanation:

Indian Oil Corp (IOC) has overtaken Oil and Natural Gas Corp (ONGC) to become India’s most profitable state-owned company. IOC, which has for decades been India’s biggest company by turnover, posted a 70 per cent jump in net profit to Rs 19,106.40 crore in the financial year ended March 31, 2017.

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Filed Under: Indian Economy
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15 8904
Q:

Rs. 69 were divided among 115 family members so that each lady gets 50 paise less than each gentleman, and each gentleman received twice the paise as each lady received. Find the number of  gentlemen in the family?

A) 23 B) 92
C) 48 D) 52
 
Answer & Explanation Answer: A) 23

Explanation:

Total number of female members = 115

Let the number of males = x

Number of females = y

=> x + y = 115  ......(1)

According to the given data,

x + y(0.50) = 69 ......(2)

From (1) & (2), we get

0.5y = 46

=> y = 46 x 2 = 92

=> x = 115 - 92 = 23

 

Hence, required number of gentlemen in the family = x = 23.

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Filed Under: Percentage
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8 8903
Q:

Sambhu buys rice at Rs. 10/kg and puts a price tag on it so as to earn a profit of 20%. However, his faulty balance shows 1000 gm when it is actually 800 gm. What is his actual gain percentage ?

A) 50% B) 25%
C) 75% D) 60%
 
Answer & Explanation Answer: A) 50%

Explanation:

CP of 1000gm = Rs. 10
SP of 800gm = Rs. 12
SP of 1000gm =12x1000/800 = Rs. 15

Now take 1000gm as reference to calculate profit.
Profit=SP-CP=15-10=Rs. 5
Profit % = 5x100/10 = 50%

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Filed Under: Profit and Loss
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8 8890
Q:

One-third of the boys and one-half of the girls of a college participated in a sport. If the number of participating students is 300, out of which 100 are boys. What is the total number of students in the college?

A) 500 B) 300
C) 600 D) 700
 
Answer & Explanation Answer: D) 700

Explanation:

Let number of boys in the school = x

Let number of girls in the school = y

Number of students participated in the sports = 300

Out of which boys = 100

but given number of boys participated in sports = x/3

=> x/3 = 100

=> x = 300

Remaining girls = 300 - 100 = 200

=> y/2 = 200

=> y = 400

Therefore, total number of students in the school = x + y = 300 + 400 = 700

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Filed Under: Percentage
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15 8886