CAT Questions

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Money market instruments are debt securities that generally give the owner the unconditional right to receive a stated, fixed sum of money on a specified date.

There are several money market instruments in most Western countries, including treasury bills, commercial paper, bankers' acceptances, deposits, certificates of deposit, bills of exchange, repurchase agreements, federal funds, and short-lived mortgage- and asset-backed securities.

Prices do not reflect the full social cost of production is an example of Market failure.

A market failure occurs when the supply of a good or service is insufficient to meet demand. This results in an inefficient distribution of resources among market participants.

It also occurs if externalities are not accounted for.

If a firm fails to maximize its profits this is not a general market failure.

Charak was a native of Kashmir.

Assemblers are used to translate a program written in a low-level assembly language into a machine code (object code) file so it can be used and executed by the computer.

Hence, Assembler is the translator program used in assembly language.

The lightest computer is the tablet.

Special Friend - Stone.

Example ::

He is my special friend - He is my stone.

In 1950 India's first Prime Minister Shri JawaharlalNehru was awarded with India's highest civilian honour BharatRatna.