CAT Practice Question and Answer

Q: The accounting process involves all of the following except 7778 0

  • 1
    identifying economic transactions that are relevant to the business
    Correct
    Wrong
  • 2
    analyzing and interpreting financial reports
    Correct
    Wrong
  • 3
    communicating financial information to users by preparing financial reports
    Correct
    Wrong
  • 4
    recording nonquantifiable economic events
    Correct
    Wrong
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Answer : 2. "analyzing and interpreting financial reports"
Explanation :

Answer: B) analyzing and interpreting financial reports Explanation: The three steps in the accounting process are   1. Identification, 2. Recording, and 3. Communication.    Hence, analyzing and interpreting financial reports is not involved in the accounting process.

Q: Which of the following is not a function of a Warehouse? 7735 0

  • 1
    Ensuring Profit
    Correct
    Wrong
  • 2
    Stabilisation in price
    Correct
    Wrong
  • 3
    Risk-bearing
    Correct
    Wrong
  • 4
    Storage
    Correct
    Wrong
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Answer : 1. "Ensuring Profit"
Explanation :

Answer: A) Ensuring Profit Explanation:

Q: Which two months in a year have the same calendar? 7726 0

  • 1
    October, December
    Correct
    Wrong
  • 2
    April, November
    Correct
    Wrong
  • 3
    June, October
    Correct
    Wrong
  • 4
    April, July
    Correct
    Wrong
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Answer : 4. "April, July"
Explanation :

Answer: D) April, July Explanation: If the period between the two months is divisible by 7, then that two months will have the same calender . Now,(a). October + November = 31 + 30 = 61 (not divisible by 7) (b). Apr. + May + June + July + Aug. + Sep. + Oct. = 30 + 31 + 30 + 31 + 31 +30 + 31 = 213 (not divisible by 7) (c). June + July + Aug. + Sep. = 30 + 31 + 31 + 30 = 122 (not divisible by 7) (d). Apr. + May + June = 30 + 31 + 30 = 91 (divisible by 7)   Hence, April and July months will have the same calendar.

Q: 45% of 750  -  25% of 480 = ? 7720 0

  • 1
    337.50
    Correct
    Wrong
  • 2
    217.50
    Correct
    Wrong
  • 3
    376.21
    Correct
    Wrong
  • 4
    120
    Correct
    Wrong
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Answer : 2. "217.50"
Explanation :

Answer: B) 217.50 Explanation: Given expression = (45 x 750/100) - (25 x 480/100) = (337.50 - 120) = 217.50

Q: How many times can you subtract 10 from 100? 7706 0

  • 1
    9 times
    Correct
    Wrong
  • 2
    10 times
    Correct
    Wrong
  • 3
    1 time
    Correct
    Wrong
  • 4
    0 times
    Correct
    Wrong
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Answer : 3. "1 time"
Explanation :

Answer: C) 1 time Explanation: How many times can you subtract 10 from 100, for this if we go through logically, it is only 1 time. For the first time if we subtract 10 from 100, then there will no 100 to subtract from.   Hence, it is only 1 time we can subtract 10 from 100.

Q: Which region in India is known as the "Rice Bowl of India"? 7647 2

  • 1
    Indo-Gangetic plain
    Correct
    Wrong
  • 2
    Krishna-Godavari Delta region
    Correct
    Wrong
  • 3
    North-East region
    Correct
    Wrong
  • 4
    Kerala and Tamil Nadu
    Correct
    Wrong
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Answer : 2. "Krishna-Godavari Delta region"
Explanation :

Answer: B) Krishna-Godavari Delta region Explanation: In India, the Krishna-Godavari Delta region is called as "Rice Bowl of India".   Coming to the Indian State, Chhattisgarh is known as Rice Bowl of India.

Q: The second day of a month is Sunday, What will be the last day of the next month which has 31 days  ? 7636 0

  • 1
    Friday
    Correct
    Wrong
  • 2
    Saturday
    Correct
    Wrong
  • 3
    Sunday
    Correct
    Wrong
  • 4
    Can't be determined
    Correct
    Wrong
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Answer : 4. "Can't be determined"
Explanation :

Answer: D) Can't be determined Explanation: We cannot find out the answer because the number of days of the current month is not given.

Q: A cistern has a leak which would empty the cistern in 20 minutes. A tap is turned on which admits 4 liters a minute into the cistern, and it is emptied in 24 minutes. How many liters does the cistern hold ? 7588 0

  • 1
    360 lit
    Correct
    Wrong
  • 2
    480 lit
    Correct
    Wrong
  • 3
    320 lit
    Correct
    Wrong
  • 4
    420 lit
    Correct
    Wrong
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Answer : 2. "480 lit"
Explanation :

Answer: B) 480 lit Explanation: 1/k - 1/20 = -1/24 k = 120 120 x 4 = 480 Therefore, the capacity of the cistern is 480 liters.

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