CAT Questions

Q:

If price of an article decreases from Rs. 12 to Rs. 10, quantity demanded increases from 1000 units to 1400 units. Find point elasticity of demand?

A) 2.4 B) -2
C) -2.4 D) 2
 
Answer & Explanation Answer: C) -2.4

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Filed Under: Indian Economy
Exam Prep: AIEEE , Bank Exams , CAT

2 1729
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:

What is the Compound interest on Rs. 5000 in 3 years, if the rate of interest is 4% for the first year, 3% for the second year and 2% for the third year?

A) Rs. 435.21 B) Rs. 453.12
C) Rs. 436.12 D) Rs. 463.12
 
Answer & Explanation Answer: D) Rs. 463.12

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Filed Under: Compound Interest
Exam Prep: CAT , Bank Exams , AIEEE

2 1727
Q:

Two whole numbers are such that the cube of first number exceeds the cube of second by 61 and the ratio of the numbers is 5:4. What is the value of larger number?

A) 3 B) 4
C) 5 D) 6
 
Answer & Explanation Answer: C) 5

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Filed Under: Ratios and Proportions
Exam Prep: Bank Exams , CAT

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Q:

In the following question, out of the given four alternatives, select the one which best expresses the meaning of the given word.

 

Perspicacious

 

A) Foolish   B) Obscure  
C) Shrewd   D) Indistinct
 
Answer & Explanation Answer: C) Shrewd  

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Filed Under: English
Exam Prep: Bank Exams , CAT , GRE

11 1727
Q:

In a farm, in addition to 48 hens there are 42 sheep and 11 oxen with some shepherds. If the total number of feet be 224 more than the number of heads, find the number of shepherd.

A) 11 B) 13
C) 15 D) 17
 
Answer & Explanation Answer: D) 17

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Filed Under: Simplification
Exam Prep: Bank Exams , CAT

0 1726
Q:

Currency notes and coins of one rupee and lower denominations are issued by the ___________.

A) State Bank of India B) Government of India
C) Reserve Bank of India D) Ministry of Finance
 
Answer & Explanation Answer: D) Ministry of Finance

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

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Q:

Who is appointed as UNICEF's ambassador for Goodwill?

A) Lilly Singh B) Iravati Dubey
C) Lillete Dubey D) Rosa Mendes
 
Answer & Explanation Answer: A) Lilly Singh

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Filed Under: Famous Personalities
Exam Prep: CAT , Bank Exams , AIEEE

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