CAT Questions

Q:

Demand is said to be inelastic when

A) Percentage change in demand is less than the percentage change in price of the good B) Percentage change in demand is greater than the percentage change in price of the good
C) Percentage change in demand is equal to the percentage change in price of the good D) None of the above
 
Answer & Explanation Answer: A) Percentage change in demand is less than the percentage change in price of the good

Explanation:

Demand is said to be inelastic, when the demand for the good doesn't change much or it is negotiable when the price of the good changed.

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Filed Under: Finance
Exam Prep: AIEEE , Bank Exams , CAT
Job Role: Analyst , Bank Clerk , Bank PO

1 1672
Q:

All India Kisan Sabha was founded in

A) 1936 B) 1946
C) 1956 D) 1966
 
Answer & Explanation Answer: A) 1936

Explanation:

All India Kisan Sabha was founded in Lucknow in 1936. Swami Sahajanand Saraswati was elected as its first President.

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Filed Under: Indian History
Exam Prep: AIEEE , Bank Exams , CAT
Job Role: Analyst , Bank Clerk , Bank PO

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Q:

What is the primary reason to issue stock?

Answer

 The primary reason to issue stock is to raise money to start and maintain an ongoing business.


Other Reasons::


The reasons that a company might want to raise money by issuing stock are:


 



  • To develop new products


 



  • To buy more advanced equipment


 



  • To pay for new buildings and inventories


 



  • To hire more employees


 



  • To provide for a merger or acquisition


 



  • To decrease debt


 



  • To give company owners greater flexibility


 



  • To place a value on the company.

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Subject: Finance Exam Prep: AIEEE , Bank Exams , CAT
Job Role: Analyst , Bank Clerk , Bank PO

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Q:

The Kargil War was between India and Pakistan took place in

A) 2001 B) 1983
C) 1999 D) 1989
 
Answer & Explanation Answer: C) 1999

Explanation:

The KargilWar was between India and Pakistan took place between May and July in 1999.

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Filed Under: Indian History
Exam Prep: AIEEE , Bank Exams , CAT , GATE
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19 1670
Q:

What has no beginning and no end?

Answer

A round shape or a circle has no beginning or no end or no middle.

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Subject: Word Puzzles Exam Prep: GRE , GATE , CAT , Bank Exams , AIEEE
Job Role: Bank PO , Bank Clerk , Analyst

0 1669
Q:

Liabilities are defined as

Answer

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.

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Subject: Accounts Payable Exam Prep: AIEEE , Bank Exams , CAT
Job Role: Analyst , Bank Clerk , Bank PO

2 1669
Q:

Who is the current speaker of Lok Sabha?

A) M. Venkaiah Naidu B) Sumitra Mahajan
C) Pocharam Srinivas Reddy D) Madhusudanachari
 
Answer & Explanation Answer: B) Sumitra Mahajan

Explanation:

Sumitra Mahajan is the current speaker of Lok Sabha.

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Filed Under: General Awareness
Exam Prep: AIEEE , Bank Exams , CAT

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Q:

Which one of the following places did Mahatma Gandhi first start his Satyagraha in India?

A) Bardoli B) Ahmedabad
C) Kheda D) Champaran
 
Answer & Explanation Answer: D) Champaran

Explanation:

Mahatma Gandhi first start his Satyagraha from Champaran in India.

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Filed Under: Indian History
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