CAT Questions

Q:

Which of the following statements about taxes is false?

A) Some states don’t collect income tax B) Taxes at the local, state and federal level are all equal
C) Taxes are collected at the local, state and federal level D) Some states don’t collect sales tax
 
Answer & Explanation Answer: A) Some states don’t collect income tax

Explanation:
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Filed Under: Indian Economy
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Q:

A business organized as a corporation 

A) Is owned by its stockholders B) Has tax advantages over a proprietorship or partnership
C) Is not a separate legal entity in most states D) Requires that stockholders be personally liable for the debts of the business
 
Answer & Explanation Answer: A) Is owned by its stockholders

Explanation:

A business organized as a corporation is owned by its stockholders.

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Filed Under: Business Awareness
Exam Prep: AIEEE , Bank Exams , CAT
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Q:

The Jal Amrutha scheme launched by which state?

A) Haryana B) Himachal Pradesh
C) Karnataka D) Telangana
 
Answer & Explanation Answer: C) Karnataka

Explanation:

The Jal Amrutha scheme launched by the state of Karnataka.

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Filed Under: General Awareness
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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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Q:

Buenos Aires largest shopping mall is called

A) Alto Palermo B) Santa Fe
C) Coronel Diaz D) Abasto
 
Answer & Explanation Answer: D) Abasto

Explanation:

Abasto Shopping is the largest mall in the capital city of Argentina, Buenos Aires with over 230 shops, movie theaters and an enormous food court.

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Filed Under: General Awareness
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Q:

Which is the least populated state in India as per Census 2011?

A) Bihar B) Kerala
C) Sikkim D) Maharashtra
 
Answer & Explanation Answer: C) Sikkim

Explanation:

the least populated state in India as per Census 2011 is Sikkim.

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Filed Under: Indian Geography
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Q:

What is the value of 361+3.61+0.0361 ?

A) 20.9 B) 22.11
C) 22.49 D) 21.09
 
Answer & Explanation Answer: D) 21.09

Explanation:
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Filed Under: Square Roots and Cube Roots
Exam Prep: Bank Exams , CAT

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Q:

Who is the new RBI Governor?

A) Urjit Patel B) Shaktikanta Das
C) Raghuram Rajan D) Smt. Pallavi Nair
 
Answer & Explanation Answer: A) Urjit Patel

Explanation:

Shaktikanta Das, member of the fifteenth finance commission, as the governor of the Reserve Bank of India (RBI), a day after Urjit Patel resigned at the end of a bruising tussle with the government over the regulator’s independence and the regulation of banks.

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Filed Under: General Awareness
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