CAT Questions

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Oligopoly is market structure where a small number of large firms are there. Oligopolistic industries are characterized by a few dominant firms and substantial entry barriers.

Monetary policy is the process by which the monetary authority of a country, typically the central bank or currency board, controls either the cost of very short-term borrowing or the monetary base, often targeting an inflation rate or interest rate to ensure price stability and general trust in the currency.

The basic objective of monetary policy is to assist the economy in achieving a full-employment, noninflationary level of total output.

Cause-effect chain: Changes in the money supply affect interest rates, which affect investment spending and therefore aggregate demand.

Indian business magnate Mukesh Ambani topples Jack Ma as Asia’s richest person as he positions Reliance Industries to disrupt the e-commerce space in India.

The chairman of India’s refining-to-telecoms conglomerate, Ambani was estimated to be worth US$44.3 billion in July 2018 with the share price of Reliance Industries rising 1.6 per cent to a record 1,099.8 rupees (US$16.05), according to Bloomberg Billionaires Index.

Jack Ma’s wealth stood at US$44 billion at the close of trading on the sameday in the US, where the company is listed.

New York City, London, and Tokyo are the richest cities in the world 2018, according to their ranks.

A sweat equity share is an equity share issued by the company to employees or directors at a discount or for consideration other than cash for providing know-how or making available rights in the nature of intellectual property rights or value additions.

Any integer 'i' can be written as i = i/1, which is a rational number. Clearly, 7/2,-5/4, etc... are rational numbers but they are not integers.

Hence, from the above analysis, every integer is a rational number but a rational number need not be an integer.

Therefore the given statement that 'Every rational number is an integer' is FALSE.

True, the given statement that Carbon in the ocean originates from the atmosphere is absolutely correct. Carbondi oxide in the atmosphere is absobed by the ocean surface and is dissolved as inorganic carbon in the oceans.