Questions

Q:

A manufacturer faces a -1.2 price elasticity of demand for its product. It is presently selling 7,500 units/day. If it wants to increase quantity sold by 9%, it must lower its price by

A) 7.5 percent B) 7.8 percent
C) 10.2 percent D) 10 percent
 
Answer & Explanation Answer: A) 7.5 percent

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Q:

The question below consists of a set of labelled sentences. These sentences, when properly sequenced form a coherent paragraph. Select the most logical order of sentences from among the options.

 

P: The philosophy of pragmatism goes something like this.
Q: It is not possible for the mind to relate to anything other than ideas.
R: The mind is such that it deals only with ideas.
S: Therefore, it is not correct to think that the mind actually can ponder reality.

A) RQSP B) RSPQ
C) PRQS D) SQRP
 
Answer & Explanation Answer: C) PRQS

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Q:

Three freedom fighters including Bipin Chandra Pal were popularly known as Lal-Bal-Pal. Who were the other two?

A) Subhash Chandra Bose & Bal Gangadhar Tilak B) Bal Gangadhar Tilak & Lala Lajpat Rai
C) Lala Lajpat Rai & Bhagat Singh D) Ram Prasad Bismil & Bhikaiji Cama
 
Answer & Explanation Answer: B) Bal Gangadhar Tilak & Lala Lajpat Rai

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Q:

What is cash budget ?

Answer

Cash budget is the budget which is prepared under the finance budget. It is an estimation of the expected cash receipts and cash payments during the budget period. By preparing cash budget it becomes possible for the organisation to predict whether at any point of time there will be excess or shortage of cash. Two main points should be remembered before preparing cash budget: Time period of the cash budget and the items to be included in the cash budget.

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Subject: Accounting and Finance Exam Prep: Bank Exams , CAT
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Q:

World No-Tobacco Day falls on

A) 1st May B) 31st May
C) 1st June D) 30th June
 
Answer & Explanation Answer: B) 31st May

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Q:

What was the Gross Domestic Product (GDP) for India in 2016-17 Financial Year?

A) 6.10% B) 7.10%
C) 8.10% D) 6.70%
 
Answer & Explanation Answer: B) 7.10%

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Q:

_______ is issued when the court finds that a particular office holder is not doing legal duty and thereby is infringing on the right of an individual.

A) Habeas Corpus B) Mandamus
C) Prohibition D) Quo Warranto
 
Answer & Explanation Answer: B) Mandamus

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Q:

In the following passage, some of the words have been left out. Read the passage carefully and select the correct answer for the given blank out of the four alternatives.

 

We often feel, in such an environment, that our social sphere _____________ around us. We can see, in quantitative values — the number of likes, re-posts, shares — the interest garnered by anything created by us. This makes social interaction slightly more ___________, when we start to think of it in number terms. It becomes easier to see it in visual terms, rather ________ emotive cues. And _____________ that happens we are motivated to reveal only those parts of ____________ that we know will trigger a considerable quantitative response.

 

And _____________ that happens we are motivated

 

A) why B) where
C) whom D) when
 
Answer & Explanation Answer: D) when

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