CAT Questions

Q:

What is the difference in the shares of profit between P and Q in a joint business at the end of one year ?

a. P Invested Rs. 80,000 and withdrew Rs. 20,000 after 6 months.

b. Q joined four months after the start of business.

c. Q's amount was 80% of P's amount during the last six months.

A) Only a B) Only c
C) Both a & b D) Data is not sufficient
 
Answer & Explanation Answer: D) Data is not sufficient

Explanation:

a. P's investment = (80000 x 6 + 60000 x 6) = 840000 for 1 month.

b & c. Q's investment = 80% of Rs. 60000 for 8 months.

= Rs.(48000 x 8) for 1 month = 384000 for 1 month

P : Q = 840000 : 384000 = 35 : 16.

But, the total profit is not given, so data is inadequate.

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Filed Under: Partnership
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2 4362
Q:

Entrepreneurship as a theory of business was propounded by

A) Thomas A. Coleman B) Joseph A. Schumpeter
C) Adam Smith D) Douglas McGregor
 
Answer & Explanation Answer: B) Joseph A. Schumpeter

Explanation:

Entrepreneurship as a theory of business was propounded by Joseph. A. Schumpeter.

 

Schumpeter’s Innovation Theory of Profit :


Definition:  The Innovation Theory of Profit was proposed by Joseph. A. Schumpeter, who believed that an entrepreneur can earn economic profits by introducing successful innovations.

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Filed Under: Indian Economy
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6 4361
Q:

There are 41 students in a class, number of girls is one more than number of guys. we need to form a team of four students. all four in the team cannot be from same gender. number of girls and guys in the team should NOT be equal. How many ways can such a team be made ?

A) 49450 B) 50540
C) 46587 D) 52487
 
Answer & Explanation Answer: B) 50540

Explanation:

Given G + B= 41 and B = G-1
Hence, G = 21 and B = 20
Now we have 2 options,
1G and 3M
(or)
3G and 1M
(2G and 2M or 0G and 4M or 4G and oM are not allowed),

 

Total : C121×C320+C321×C120= 50540 ways.

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Filed Under: Permutations and Combinations
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2 4360
Q:

The term protoplasm was coined by

A) Hugo von Mohl B) J. E. Purkinje
C) Oken D) Kolliker
 
Answer & Explanation Answer: B) J. E. Purkinje

Explanation:

Protoplasm is the living content of a cell that is surrounded by a plasma membrane.

J.E_._Purkinje_1533211732.jpg image

J. E. Purkinje in the year 1839 coined the term 'protoplasm' for the fluid substance of the cell.

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Filed Under: General Science
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7 4359
Q:

The first step in solving an Ethical Dilemma is to

A) identify the alternatives B) identify an etical situation and ethical issues involved
C) weigh the impact of each alternative on various stakeholders. D) recognize and analyze the principal elements in the situation.
 
Answer & Explanation Answer: B) identify an etical situation and ethical issues involved

Explanation:
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Filed Under: Accounts Payable
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7 4356
Q:

From a group of 7 boys and 6 girls, five persons are to be selected to form a team, so that at least 3 girls are there in the team. In how many ways can it be done?

A) 427 B) 531
C) 651 D) 714
 
Answer & Explanation Answer: B) 531

Explanation:

Given in the question that, there are 7 boys and 6 girls. 

Team members = 5

Now, required number of ways in which a team of 5 having atleast 3 girls in the team = 

6C3  x 7C2  + 6C4 x 7C1 + 6C5= 6x5x43x2x1 x 7x62x1 + 6x5x4x34x3x2x1 x 7 + 6x5x4x3x25x4x3x2x1= 420 + 105 + 6= 531.

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5 4353
Q:

Which action is an example of domestic policy?

A) The Supreme Court strikes down a law that bans importing inefficient automobiles B) A governor decides against running for a second term
C) The president negotiates a peace treaty between two warring nations D) Congress passes a law that grants tax credits for installing solar panels
 
Answer & Explanation Answer: A) The Supreme Court strikes down a law that bans importing inefficient automobiles

Explanation:

Domestic policy is an area of public policy which concerns laws, government programs, and administrative decisions which are directly related to all issues and activity within a nation's borders.

It differs from foreign policy, which refers to the ways a government advances its interests in world politics.

 

Hence, Option A, The Supreme Court strikes down a law that bans importing inefficient automobiles is an example of domestic policy action.

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Filed Under: Indian Economy
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2 4350
Q:

The Opium war id held between which two countries  ?

A) England and France B) China and Russia
C) Russia and England D) China and England
 
Answer & Explanation Answer: D) China and England

Explanation:

The Opium Wars were two wars in the mid-19th century involving Anglo-Chinese disputes over British trade in China and China’s sovereignty. The disputes included the First Opium War (1839–1842) and the Second Opium War (1856–1860).

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Filed Under: World History
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10 4350