CAT Questions

Q:

When backed by buying, power wants become

A) demands B) physical needs
C) exchanges D) social needs
 
Answer & Explanation Answer: A) demands

Explanation:

When backed by buying, power wants become demands. 

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Filed Under: Marketing and Sales
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Q:

Income taxes are allocated to

A) discontinued operations B) prior period adjustments
C) extraordinary items D) All the above
 
Answer & Explanation Answer: D) All the above

Explanation:

Income taxes are allocated to extraordinary items, discontinued operations and prior period adjustments.

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Filed Under: Indian Economy
Exam Prep: AIEEE , Bank Exams , CAT

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Q:

Who makes it has no need of it.

What is it?

Answer

A Coffin.

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Q:

I jump when i walk and sit when i stand, who am I?

Answer

Kangaroo.

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Q:

Which ministry has started the exercise to revise base year to 2017 - 2018 for computation of wholesale inflation?

A) Ministry of Commerce and Industry B) Ministry of Finance
C) Ministry of Corporate Affairs D) All the above
 
Answer & Explanation Answer: A) Ministry of Commerce and Industry

Explanation:

The India's commerce and industry ministry has started the exercise to revise base year to 2017-18 for computation of wholesale inflation with a view to present more realistic picture of the price situation

 

In May last year, the government revised the base year for WPI-based inflation to 2011-12 to give a better indication of changes in prices of commodities.

 

The new index, with 2017-18, is expected to have new items, which would provide a more realistic picture of price rise and its impact on people.

 

Most of the additions could be in the manufactured products category. Currently, the index has a total of 697 items, including primary articles, fuel and power and manufactured products.

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Filed Under: Indian Economy
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Q:

Festival of Nuakhai was recently celebrated in

A) Telangana B) Odisha
C) Goa D) Maharastra
 
Answer & Explanation Answer: B) Odisha

Explanation:

Nuakhai or Nuankhai is an agricultural festival mainly observed by people of Odisha and Chhattisgarh in India. Nuakhai is observed to welcome the new rice of the season.

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Filed Under: Indian Culture
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Q:

Production costs to an economist

A) reflect opportunity costs B) consist only of explicit costs
C) always reflect monetary outlays D) never reflect monetary outlays
 
Answer & Explanation Answer: A) reflect opportunity costs

Explanation:

Production costs to an economist reflect opportunity costs.

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Filed Under: Indian Economy
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Q:

1/4 of 12?

A) 4 B) 3
C) 2 D) 1
 
Answer & Explanation Answer: B) 3

Explanation:

1/4 of 12

= 1/4 x 12

= 3

 

Hence, 1/4 of 12 = 3.

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Filed Under: Percentage
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