Common Admission Test (CAT) Questions and Answers with Explanation

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

Explanation:

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

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Q:

World Hello Day is observed on

A) 21 Nov	B) 20 Nov
C) 22 Nov	D) 23 Nov

Answer & Explanation Answer: A) 21 Nov

Explanation:

World Hello Day is observed annually on 21st November to hope the conflicts must be settled by only conversations rather than use of force.

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Filed Under: Important Days and Years
Exam Prep: AIEEE , Bank Exams , CAT
Job Role: Analyst , Bank Clerk , Bank PO

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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

Explanation:

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

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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.

Workspace

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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:

Veer spends 15% of his monthly income on the house rent and 60% of the rest on household expenditure. If he saves Rs. 2210, what is his monthly income?

A) Rs. 8000	B) Rs. 7000
C) Rs. 7500	D) Rs. 6500

Answer & Explanation Answer: D) Rs. 6500

Explanation:

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Filed Under: Percentage
Exam Prep: Bank Exams , CAT

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Q:

Revenue should be recognized when

A) the service is performed	B) the customer charges an order
C) cash is received	D) the customer places an order

Answer & Explanation Answer: A) the service is performed

Explanation:

Revenue should be recognized when it is realized or when it is earned. When a service is performed something is earned and revenue should be recognized.

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

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Q:

Name something switzerland is famous for

A) Apples	B) Alps
C) Aeroplanes	D) Water falls

Answer & Explanation Answer: B) Alps

Explanation:

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

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Q:

What was the name of the party launched by Subhash Chandra Bose in 1939?

A) Communist Party of India	B) All India Forward Bloc
C) Azad Bengal Fauj	D) Socialist Party of India

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