CAT Questions

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The words "asset" and "liability" are two very common words in accounting. Liabilities are legally binding obligations that are payable to another person or entity. Accounts payable, loans, mortgages, deferred revenue,... come under liabilities.

Charles Dickens pen name is Boz. Charles John Huffam Dickens was a British English writer and social critic of 19th century. He created some of the world's best-known fictional characters and is regarded by many as the greatest novelist of the Victorian era.

India’s heaviest satellite GSAT-11 launched successfully from French Guiana. GSAT-11 is going to provide high data connectivity of 16 GBPS to the country.

The supply curve slopes upward because for reflecting the higher price needed to cover the higher marginal cost of production. 

The three major amendments that were passed shortly after the Civil War are the reconstruction amendments that were the 13th, 14th, and 15th amendments.

The 13th Amendment abolished slavery,

The 14th granted African American citizenship and equal protection before the law, (and)

The 15th Amendment attempted to secure the right to vote for newly freed slaves.