CAT Questions

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Business cycles are identified as having four distinct phases:

1. Expansion,

2. Peak,

3. Contraction, and

4. Trough.

Expansion is the phase of the business cycle when the economy moves from a trough to a peak. It is a period when the level of business activity surges and gross domestic product (GDP) expands until it reaches a peak. A period of expansion is also known as an economic recovery.

An expansion is characterized by increasing employment, economic growth, and upward pressure on prices.

There are six permanent members: China, Kazakhstan, Kyrgyzstan, Russia, Tajikistan, Uzbekistan. Soon India and Pakistan will also join it.

Indira Gandhi became the first woman to receive the Bharat Ratna award in 1971.

The art and science of map making is called Cartography.

Drop Ship refers to, a manufacturer shipping goods directly to one of its customers' customer (instead of delivering the goods to the customer that placed the order with the manufacturer).

This concept of shipping goods is called as drop ship, drop shipping or a drop shipment.

FPO (Follow on Public Offer) is a process by which a company, which is already listed on an exchange, issues new shares to the investors or the existing shareholders, usually the promoters. FPO is used by companies to diversify their equity base. A follow-on public offer (FPO) is also called Further Public Offer.

True, the greenhouse effect is caused solely by human activities such as deforrestation, depletion of natural resources and emission of CO2 by using vehicles, refrigerators and AC's.

6 choose 3 means number of possible unordered combinations when 3 items are selected from 6 available items i.e, nothing but 6C3.

Now 6C3 = 6 x 5 x 4/3 x 2 x 1 = 120/6 = 20.