CAT Questions

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A business organized as a corporation is owned by its stockholders.

Cricket World cup Year wise winners list from its starting year.

Year  -  Winner score

1975  -  West Indies 

1979  -  West Indies 

1983  -  India 

1987  -  Australia 

1992  -  Pakistan 

1996  -  Sri Lanka 

1999  -  Australia 

2003  -  Australia 

2007  -  Australia 

2011  -  India 

2015  -  Australia 

Australia won most number of titles i.e, 5 times Cricket World Cup title.

Geraldine Mock "Jerry" was the first woman to fly around the world successfully in the year 1964.

Debts owed by a business are referred to as Liabilities. Liabilities include all loans, outstanding expenses, mortgages, creditors, etc...

A Bank Reconciliation Statement is a statement prepared periodically by a customer to explain the divergence (difference) between the bank balance as per cash book and the bank balance as per Pass Book. It clearly shows the two differing balances and the outstanding items which causes the balances to disagree.

The objective of preparing such a statement is to know the causes of differences between the two balances and pass necessary correcting or adjusting entries in the books of the firm. But it is to be noted that some differences are automatically adjusted. For example - A cheque that has been sent for collection, but not yet collected, causes a difference between the balance as shown by the pass book and the balance as shown by the cash book, but no adjusting entry is required in the cash book for such a difference because, the bank will credit the firm’s account as soon as the cheque is collected.

If an object moves with some velocity that means the magnitude and direction of the object changes i.e, the object moves with some acceleration. Hence, if the object moves with constant velocity, no change in direction and magnitude of speed i.e, no acceleration = 0 acceleration.