CAT Questions

Q:

Administered prices refer to

Answer

Administered prices are prices set by government or firms which are not determined by regular market forces. They do not vary in response to short-run fluctuations in demand and supply conditions.


Examples include price controls and rent controls.

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Subject: Indian Economy Exam Prep: AIEEE , Bank Exams , CAT , GATE
Job Role: Analyst , Bank Clerk , Bank PO

0 1972
Q:

The 100th constitutional amendment made in 2015 is pertaining to

A) Cooperative societies B) Boundary adjustment between India & Bangladesh
C) National Judicial Appointments Commission D) Anti deflection law
 
Answer & Explanation Answer: B) Boundary adjustment between India & Bangladesh

Explanation:
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Filed Under: Indian Politics
Exam Prep: AIEEE , Bank Exams , CAT
Job Role: Analyst , Bank Clerk , Bank PO

3 1972
Q:

What has no beginning and no end?

Answer

A round shape or a circle has no beginning or no end or no middle.

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Subject: Word Puzzles Exam Prep: GRE , GATE , CAT , Bank Exams , AIEEE
Job Role: Bank PO , Bank Clerk , Analyst

0 1972
Q:

In recording an accounting transaction in a double-entry system

A) there must always be entries made on both sides of the accounting equation. B) the amount of the debits must equal the amount of the credits.
C) there must only be two accounts affected by any transaction. D) the number of debit accounts must equal the number of credit accounts.
 
Answer & Explanation Answer: B) the amount of the debits must equal the amount of the credits.

Explanation:
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Filed Under: Bank Interview
Exam Prep: AIEEE , Bank Exams , CAT
Job Role: Analyst , Bank Clerk , Bank PO

0 1972
Q:

Which country won the team event at 1st Mallakhamb World Championship?

A) China B) Nepal
C) Japan D) India
 
Answer & Explanation Answer: D) India

Explanation:

India emerged as winners in the team event at the first Mallakhamb World Championship held in Mumbai.

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Filed Under: Sports
Exam Prep: AIEEE , Bank Exams , CAT
Job Role: Analyst , Bank Clerk , Bank PO

2 1972
Q:

Microeconomics is concerned with

A) The electronics industry B) The study of individual
C) The economy as a whole D) None of the above
 
Answer & Explanation Answer: B) The study of individual

Explanation:

Microeconomics is concerned with the study of individual firms, households, etc...

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Filed Under: Indian Economy
Exam Prep: AIEEE , Bank Exams , CAT
Job Role: Analyst , Bank Clerk , Bank PO

1 1971
Q:

The balance of an account is determined by

A) Sum of credits and debits B) Difference of credits and debits
C) Product of credits and debits D) None of the above
 
Answer & Explanation Answer: B) Difference of credits and debits

Explanation:

The balance of an account is determined by the difference of credits amount and debits amount in the sheet.

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Filed Under: Bank Interview
Exam Prep: AIEEE , Bank Exams , CAT
Job Role: Analyst , Bank Clerk , Bank PO

0 1971
Q:

Select the word with the correct spelling.

A) acolade B) registry
C) gaudyest D) frackture
 
Answer & Explanation Answer: B) registry

Explanation:
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Filed Under: English
Exam Prep: AIEEE , Bank Exams , CAT

1 1971