CAT Questions

Q:

Jio is a big shot at reducing the cost of Internet access in India. The U.S., despite being the richest country in the world, lags far behind in terms of cost and penetration of Internet access. Cheap access to the Internet is an important step in bridging the access gap – access to good education, good healthcare, etc. But the market reaction to Jio is similar to the U.S. market’s reaction to firms announcing their intention to diversify.

(A) The final group of losers is the current shareholders of RIL. On announcement of Jio, the stock price of RIL fell.

(B) It shows that the market’s short-term reaction is usually proven correct in the long-run.

(C) On losing end, the first groups of losers are the shareholders of other telecom companies.

(D) The large amount of revenue the Government of India gets from auctioning off the nation’s natural resources is not necessarily a good thing because the Government does not have a stellar track record when it comes to spending the money. A large fraction of Government spending is wasted.

(E) The second loser is the Government of India. The big money the Indian Government was raking in selling cellular bandwidth was actually coming from the pockets of the cellular consumers. 

(F) The first obvious winners of this scheme are customers.

(G) The second winner is Mr. Ambani; he can potentially make a lasting impact as the man who brought Internet to millions of Indians.

 

Question:

Which of the following supports the decision of other companies opposing Reliance JIO Scheme?

A) Only A B) Both A & B
C) Only C D) Both C & E
 
Answer & Explanation Answer: D) Both C & E

Explanation:

As the arguments C and E states that other companies are on the losing end with this scheme, it is the only appropriate answer to this question.

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Q:

Determine which of the given conclusions logically follows from the given statements, disregarding commonly known facts.

Statements:
Some actors are singers.
All the singers are dancers.

Conclusions:
(i) Some actors are dancers.
(ii) No singer is an actor.

A) Neither (i) nor (ii) follows B) Either (i) or (ii) follows
C) Only conclusion (ii) follows D) Only conclusion (i) follows
 
Answer & Explanation Answer: D) Only conclusion (i) follows

Explanation:

Some + All = Some

and the common word in two statements is Singers will not be used.

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Filed Under: Verification of Truth of the statement
Exam Prep: CAT
Job Role: Bank PO

18 2483
Q:

Every month, Kritika spends 30% of her income on house rent and 60% of the rest on household expenditure. If she saves ₹ 6300 per month, what is her total monthly income?

A) ₹ 22,000 B) ₹ 20,500
C) ₹ 22,500 D) ₹ 25,000
 
Answer & Explanation Answer: C) ₹ 22,500

Explanation:

Let the monthly income be x
Kritika spends 30% of her income on house rent. The remaining amount will be 70% of x
Kritika spends 60% of the rest (70% of 60% = 42% of x )on household expenditure. The remaining amount will be 28% of x
If 28% of x is 6300 then 100% will be 22,500

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Filed Under: Percentage
Exam Prep: AIEEE , Bank Exams , CAT

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Q:

Stoichiometry is based on

A) Law of conservation of energy B) Law of conservation of mass
C) Newton's 1st law D) Kepler's law
 
Answer & Explanation Answer: B) Law of conservation of mass

Explanation:

Stoichiometry is a branch of chemistry deals with the calculations on reactants and products. It is based on the Law of conservation of mass where total mass of reactants is equal to total mass of products.

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Filed Under: Chemistry
Exam Prep: AIEEE , Bank Exams , CAT , GATE
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Q:

When driving in reverse you should

A) Unbuckle your seat belt so you can reverse as quickly as possible B) Take care and never reverse for a greater distance and time than is necessary
C) Put your hazard warning lights on and perform the manoeuvre as quickly as possible to minimise danger D) Sound your horn to warn other drivers
 
Answer & Explanation Answer: B) Take care and never reverse for a greater distance and time than is necessary

Explanation:
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Filed Under: General Science
Exam Prep: AIEEE , Bank Exams , CAT
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2 2480
Q:

The bankruptcy of which company initiated the Panic of 1873?

A) Republic Steel Company B) Jay Cooke & Company
C) Standard Oil Company D) Century Building Society
 
Answer & Explanation Answer: B) Jay Cooke & Company

Explanation:

Jay Cooke & Company, a major component of the United States banking establishment, found itself unable to market several million dollars in Northern Pacific Railway bonds in september 1873. Cooke's firm, like many others, had invested heavily in the railroads.

 

Hence, the bankruptcy of Jay Cooke & company initiated the Panic of 1873.

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Filed Under: World History
Exam Prep: Bank Exams , CAT
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Q:

Where are the taste receptors located?

A) epiglottis B) upper esophagus
C) tip of the tongue D) All of the above
 
Answer & Explanation Answer: D) All of the above

Explanation:

Five basic tastes are :

salty,

sweet,

bitter,

sour, and

umami.

Where_are_the_taste_receptors_located1551955329.jpg image

The taste receptors are located all over in the mouth around paillae structures.

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Filed Under: Biology
Exam Prep: AIEEE , Bank Exams , CAT
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3 2479
Q:

Who presented the Union Budget of India, the maximum number of times (10)?

A) T. T. Krishnamachari B) Morarji Desai
C) Jaswant Singh D) R.K Shanmukham Chetty
 
Answer & Explanation Answer: B) Morarji Desai

Explanation:
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Filed Under: Indian Politics
Exam Prep: AIEEE , Bank Exams , CAT , GATE
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