CAT Practice Question and Answer
8Q: Most modern Banking Systems are based on 1720 05b5cc6abe4d2b4197774d00c
5b5cc6abe4d2b4197774d00c- 1commodity moneyfalse
- 2100 percent reservesfalse
- 3fractional reservestrue
- 4money of intrinsic valuefalse
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Answer : 3. "fractional reserves"
Explanation :
Answer: C) fractional reserves Explanation: Most modern banking systems are based on Fractional reserves. Fractional-reserve banking is the practice whereby a bank accepts deposits, makes loans or investments, but is required to hold reserves equal to only a fraction of its deposit liabilities. Reserves are held as currency in the bank, or as balances in the bank's accounts at the central bank. 1. In a fractional reserve banking system banks can create money through the lending process. 2. A fractional reserve banking system is susceptible to bank panics. 3. Bank panics are a risk of fractional reserve banking, but are unlikely when banks are highly regulated and lend prudently.
Q: Simplify the following and find the value of ? 13 of ? + 47 of 114 of 539 = 31% of 2000 1720 05b5cc6ace4d2b4197774d091
5b5cc6ace4d2b4197774d091- 11134true
- 21237false
- 31187false
- 41249false
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Answer : 1. "1134"
Explanation :
Answer: A) 1134 Explanation: 13 x ? + 47 x 114 x 539 = 31100 x 2000? = 378 x 3? = 1134
Q: What is Black, when Clean and White, when Dirty? 1720 05b5cc6afe4d2b4197774d254
5b5cc6afe4d2b4197774d254- 1Shoesfalse
- 2Carfalse
- 3Chalkboardtrue
- 4Nonefalse
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Answer : 3. "Chalkboard"
Explanation :
Answer: C) Chalkboard Explanation: It is Blackboard or Chalkboard which is Black when clean, and as you write on it with white chalk it becomes dirty in White color.
Q: Which sentence is written correctly? 1720 05b5cc6b3e4d2b4197774d403
5b5cc6b3e4d2b4197774d403- 1They never watch no movie during the working days, but in holidays they watch one movie.false
- 2They never watch none movie during the working days, but in holidays they watch one movie.false
- 3They don't never watch any movie during the working days, but in holidays they watch one movie.false
- 4They watch no movie during the working days, but in holidays they watch one movie.true
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Answer : 4. "They watch no movie during the working days, but in holidays they watch one movie."
Explanation :
Answer: D) They watch no movie during the working days, but in holidays they watch one movie. Explanation: They watch no movie during the working days, but in holidays they watch one movie. is correctly written among the given options.
Q: Who won the US Open 2018? 1720 05b5cc63de4d2b4197774bb05
5b5cc63de4d2b4197774bb05- 1Brooks Koepkatrue
- 2Tommy Fleetwoodfalse
- 3T. Finaufalse
- 4D. Johnsonfalse
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Answer : 1. "Brooks Koepka"
Explanation :
Answer: A) Brooks Koepka Explanation: Brooks Koepka shot a final round 68 for 281 (+1) to win his second straight U.S. Open, one stroke ahead of runner-up Tommy Fleetwood, who closed with the sixth round of 63 in U.S. Open history.
Q: Which unit of valuation is known as paper gold? 1719 05b5cc69be4d2b4197774c811
5b5cc69be4d2b4197774c811- 1SDRtrue
- 2Eurodollarfalse
- 3GDRfalse
- 4Petrodollarfalse
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Answer : 1. "SDR"
Explanation :
Answer: A) SDR Explanation: SDR means Special Drawing Rights. SDRs are a measure of a country's reserve assets with IMF and, whereas not 'money' in the strict sense, have several characteristics of money as interest-bearing assets, store of value, and means of settling indebtedness. International financing instrument created in 1970 by the International Monetary Fund (IMF) to coincide with the disfavor of the US dollar as the principal currency of the world trade. Also called paper gold, an SDR is neither paper nor gold but an accounting entry. It is not backed by any currency or precious metal and is used only among governments and IMF for balance Of payments settlements.
Q: This phenomenon is sometimes referred to as the southern lights. 1719 05b5cc670e4d2b4197774c02f
5b5cc670e4d2b4197774c02f- 1Aurora australistrue
- 2Aurora borealisfalse
- 3Aurora polarisfalse
- 4Aurora coriolisfalse
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Answer : 1. "Aurora australis"
Explanation :
Answer: A) Aurora australis Explanation: Polar lights (aurora polaris) are a natural phenomenon found in both the northern and southern hemispheres that can be truly awe inspiring. Northern lights are also called by their scientific name, aurora borealis, and Southern lights are called aurora australis.
Q: 50 men can build a tank in 40days, but though they begin the work together, 5 men quit every ten days. The time needed to build the tank is ? 1719 05b5cc76fe4d2b4197774ff71
5b5cc76fe4d2b4197774ff71- 150 daystrue
- 248 daysfalse
- 347.5 daysfalse
- 449 daysfalse
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Answer : 1. "50 days"
Explanation :
Answer: A) 50 days Explanation: 50 men can build a tank in 40 days Assume 1 man does 1 unit of work in 1 day Then the total work is 50×40 = 2000 units 50 men work in the first 10 days and completes 50×10 = 500 units of work 45 men work in the next 10 days and completes 45×10 = 450 units of work 40 men work in the next 10 days and completes 40×10 = 400 units of work 35 men work in the next 10 days and completes 35×10 = 350 units of work So far 500 + 450 + 400 + 350 = 1700 units of work is completed and Remaining work is 2000 - 1700 = 300 units 30 men work in the next 10 days. In each day, they does 30 units of work. Therefore, additional days required = 300/30 =10 Thus, total 10+10+10+10+10 = 50 days required.

