CAT Questions

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Airtel Payments Bank is the first payment bank in India. A payments bank is a new category of banks conceptualized by the Reserve Bank of India, which operates at a smaller scale than an actual bank and doesn't involve any credit risk. It can carry out most banking operations but can't advance loans or issue credit cards.

The RBI as of date has given licences to 11 payments bank of which six are currently operational. These include

1. Aditya Birla Payments Bank,
2. Airtel Payments Bank,
3. India Post Payments Bank,
4. Fino Payments Bank,
5. Jio Payments Bank (and)
6. Paytm Payments Bank.

The Indian Space Research Organisation is the space agency of the Government of India was set up in the year 1969, headquartered in the city of Bangalore. Its vision is to "harness space technology for national development while pursuing space science research and planetary exploration.

 Copyright law safeguards the expression of thoughts and facts, not simply the thoughts and actualities. Thoughts are fair diversion for everybody to express in their own words.

Works that are protected by copyright are ::

Literary works,

Musical works, including any accompanying words

Dramatic works, including any accompanying music

Pantomimes and choreographic works

Pictorial, graphic, and sculptural works

Motion pictures and other audiovisual works

Sound recordings

Architectural works.

Arati Saha was the first Indian woman to cross English Channel (between England and France) in the year 1959. She was born in 1940 in Kolkata.

Market failure arises because it is not possible for the market to correctly weight cost and benefits in a situation in which some of the cost is completely unaccounted.

Demand-side market failures happen when demand curves do not reflect consumer’s full willingness to pay for goods or services.

Supply-side market failures occur when supply curves do not reflect the full cost of producing a good or services.

Christianity was founded by hesus Christ in Jerusalem, capital of Israel.

The Internal Rate of Return (IRR) is defined as the measure of an investment’s rate of return. It is also called the discounted cash flow rate of return.