Common Admission Test (CAT) Questions and Answers with Explanation

Q:

Economic costs of production differ from accounting costs in that

Answer

Economic costs add the opportunity costs of a firm using its own resources while accounting costs do not.

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

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Q:

Name the country which will host the 2019 Combined World Cup for shooting?

A) Pakistan	B) Nepal
C) Sri Lanka	D) India

Answer & Explanation Answer: D) India

Explanation:

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

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Q:

Digital wallet company Paytm has launched 'Paytm Money' app for mutual fund investments. The Paytm Money platform will be offering systematic investment plans (SIPs), starting at how much rupees per month?

A) Rs 300	B) Rs 400
C) Rs 200	D) Rs 500

Answer & Explanation Answer:

Explanation:

Digital wallet company Paytm on Tuesday launched 'Paytm Money' app for mutual fund investments. The Paytm Money platform will be offering systematic investment plans (SIPs), starting at Rs 100 per month.

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

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Q:

In the following question, a sentence is given with some bold words which may contain errors. Below the sentence, a table is given with two columns in which column 'A' contains the list of bold words, and in column 'B' the suggested corrections are listed. You have to choose the best alternative among the four given options. If no correction is required against the given bold words, mark (E), i.e., "None of the above" as your answer.
The condition of the hospital and its services reflecting on the inadequacy of Bihar's healthcare system, with patients usually increasing the number of beds available being treated on the floor, insipid food and long bill of medication and services.

A) Both (1)-(5) and (4)-(8)	B) (2)-(6)
C) (1)-(5)	D) Both (4)-(8) and (1)-(5)

Answer & Explanation Answer: B) (2)-(6)

Explanation:

Abilities belong to humans, not of institutions. The number of beds in a hospital are fixed. They cannot be increased beyond a certain limit. So, if the number of beds is less, the number of patients often exceed the number of beds. Insipid and tasteless are synonymous, so no change there. Both medication and medicine have bills, so, changing hem wouldn’t make a difference. Hence, the correct answer is 2.

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Filed Under: English
Exam Prep: TOEFL , CAT

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Q:

Product costs are also called

A) Inventoriable Costs	B) Voluntary Costs
C) Vulnerable Costs	D) None of the above

Answer & Explanation Answer: A) Inventoriable Costs

Explanation:

Product costs are also called Inventoriable Costs, since the product costs are used to value their goods in inventory.

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

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Q:

The main square of cuzco is called

A) Plaza de Armas	B) Machu Picchu
C) Catedral de Santo Domingo	D) Barrio de San Blas

Answer & Explanation Answer: A) Plaza de Armas

Explanation:

The main square of cuzco is called Plaza de Armas. Cuzco was the capital of the Inca Empire.

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Filed Under: World Geography
Exam Prep: AIEEE , Bank Exams , CAT
Job Role: Analyst , Bank Clerk

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Q:

Which of these phrases best describes the business cycle?

A) The process of creating policy for businesses, beginning with agenda setting and ending with evaluating the policy's effect on the business's bottom line	B) A recurring cycle of booms and busts, recoveries and recessions
C) A system of managing the economy by increasing or decreasing the supply of money	D) A system of managing the economy by increasing or decreasing federal expenditures

Answer & Explanation Answer: B) A recurring cycle of booms and busts, recoveries and recessions

Explanation:

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

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Q:

1 kW = ?

A) 1000 W	B) 10 W
C) 100 W	D) 10000 W

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