CAT Questions

Q:

In the following question, some part of the sentence may have errors. Find out which part of the sentence has an error and select the appropriate
option. If a sentence is free from error, select 'No Error'.


The road from(A)/my house(B)/to temple is full of potholes.(C)/No error(D)

A) A B) B
C) C D) D
 
Answer & Explanation Answer: C) C

Explanation:
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Filed Under: English
Exam Prep: AIEEE , Bank Exams , CAT

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Q:

How much amount is available to one account holder of Pradhan Mantri Jan Dhan Yojana per household after six months of satisfactory conduct of the account? 

A)  Rs 5,000  B)  Rs 10,000 
C)  Rs 2,000  D)  Rs 15,000 
 
Answer & Explanation Answer: B)  Rs 10,000 

Explanation:

A bank account under financial inclusion scheme Pradhan Mantri Jan Dhan Yojana (PMJDY) can be opened in any bank branch or business correspondent outlet. PMJDY is a government-run financial inclusion scheme aimed at ensuring access to services such as banking, savings, deposits, remittance, credit, insurance and pension at an affordable price. Bank accounts under the Jan Dhan scheme can be opened with zero balance. In other words, the account holder need not maintain any particular account balance to keep the account account. The government recently doubled the overdraft limit on Jan Dhan accounts. The overdraft limit of Jan Dhan accounts now stands at Rs 10,000, double than the previous limit of Rs 5,000, according to an official statement released last week. 

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

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Q:

World War I broke out in the year

A) 1904 B) 1914
C) 1924 D) 1934
 
Answer & Explanation Answer: B) 1914

Explanation:
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Filed Under: Indian History
Exam Prep: Bank Exams , CAT

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Q:

A series is given with one term missing. Choose the correct alternative from the given ones that will complete the series.

Beijing Olympics, London Olympics, Rio Olympics, ?

A) Moscow Olympics B) Athens Olympics
C) Tokyo Olympics D) Delhi Olympics
 
Answer & Explanation Answer: C) Tokyo Olympics

Explanation:
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Q:

The figure shown below consists of the tangents at the extremeties of any chord. Choose the correct option given below.

A) ∡PAC = ∡PBC B) ∡APC = ∡BPC
C) ∆PAC ≅ ∆PBC D) All options are correct
 
Answer & Explanation Answer: D) All options are correct

Explanation:
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Filed Under: Simplification
Exam Prep: Bank Exams , CAT

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Q:

The Reserve Bank of India made a strong case for setting up a ___________________ in India to address the twin balance sheet problem of the banking sector and the corporate sector.  

A) Public Credit Registration  B) Public Credit Registry 
C)  Public Credit Review  D) Public Credit Reminder 
 
Answer & Explanation Answer: B) Public Credit Registry 

Explanation:

The Reserve Bank of India made a strong case for setting up a public credit registry in India to address the twin balance sheet problem of the banking sector and the corporate sector. Public credit registry coverage reports the number of individuals and firms listed in a public credit registry with current information on repayment history, unpaid debts, or credit outstanding. The number is expressed as a percentage of the adult population.

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

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Q:

In the following question, two statements are given each followed by two conclusions I and II. You have to consider the statements to be true even if they seem to be at variance from commonly known facts. You have to decide which of the given conclusions, if any, follows from the given statements.


Statements:
(I) Some notes are coins.
(II) No coin is a card.


Conclusion:
(I) All cards can be notes.
(II) Some notes are neither coins nor cards.

A) Conclusion I follows B) Conclusion II follows
C) Neither I nor II follows D) Both I and II follows
 
Answer & Explanation Answer: C) Neither I nor II follows

Explanation:
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Filed Under: Statement and Conclusions
Exam Prep: AIEEE , Bank Exams , CAT

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Q:

What is the minimum paid-up equity capital for small finance banks?

A) Rs 10 crore  B) Rs 500 crore 
C) Rs 100 crore  D) Rs 200 crore 
 
Answer & Explanation Answer: C) Rs 100 crore 

Explanation:

The minimum paid-up equity capital for small finance banks shall be Rs. 100 crore. 

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

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