CAT Questions

Q:

The law of demand implies that

A) the higher the price of a good, the lesser the quantity demanded B) the higher the price of a good, the higher the quantity demanded
C) the higher the quantity demanded, the higher the price of a good D) All of the above
 
Answer & Explanation Answer: A) the higher the price of a good, the lesser the quantity demanded

Explanation:

The law of demand implies that "The higher the price of a good, the lesser the quantity demanded".

 

 

For example:

If the rate of a mobile phone increased, the quantity demanded by the customers is decreased.

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

2 1724
Q:

What is the primary reason to issue stock?

Answer

 The primary reason to issue stock is to raise money to start and maintain an ongoing business.


Other Reasons::


The reasons that a company might want to raise money by issuing stock are:


 



  • To develop new products


 



  • To buy more advanced equipment


 



  • To pay for new buildings and inventories


 



  • To hire more employees


 



  • To provide for a merger or acquisition


 



  • To decrease debt


 



  • To give company owners greater flexibility


 



  • To place a value on the company.

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Subject: Finance Exam Prep: AIEEE , Bank Exams , CAT
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0 1723
Q:

Which state declared dolphin as State aquatic animal?

A) Telangana B) Uttar Pradesh
C) Punjab D) Goa
 
Answer & Explanation Answer: C) Punjab

Explanation:

The Punjab state declared dolphin as State aquatic animal.

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Filed Under: General Awareness
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1 1723
Q:

A trial balance is prepared to

A) measure credits B) measure debits
C) measure credits = debits are not D) None of the above
 
Answer & Explanation Answer: C) measure credits = debits are not

Explanation:
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Filed Under: Indian Economy
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1 1723
Q:

Which High Court has ordered a ban over online sale of medicines across India?

A) Delhi B) Hyderabad
C) Kolkata D) Mumbai
 
Answer & Explanation Answer: A) Delhi

Explanation:

Delhi High Court has ordered a ban over online sale of medicines across India.

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Filed Under: General Awareness
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0 1722
Q:

Which city is the venue of the World Government Summit 2019?

A) Dubai B) Hyderabad
C) New York D) Singapore
 
Answer & Explanation Answer: A) Dubai

Explanation:
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Filed Under: General Awareness
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0 1722
Q:

Which state become the 1st Indian state to implement 10% Quota for EWS in General Category?

A) Telangana B) Uttar Pradesh
C) Gujarat D) Assam
 
Answer & Explanation Answer: C) Gujarat

Explanation:

Gujarat state become the 1st Indian state to implement 10% Quota for EWS in General Category.

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Filed Under: General Awareness
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1 1721
Q:

Groundwater is found underground in the zone of

A) Penetration B) Aeration
C) Saturation D) Both B & C
 
Answer & Explanation Answer: D) Both B & C

Explanation:

Groundwater is all the water that has penetrated the earth's surface and is found in one of two soil layers. The one nearest the surface is the "zone of aeration", where gaps between soil are filled with both air and water. Below this layer is the "zone of saturation", where the gaps are filled with water.

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Filed Under: World Geography
Exam Prep: AIEEE , Bank Exams , CAT , GATE
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2 1721