CAT Practice Question and Answer

Q: Who formulates fiscal policy in India? 1949 0

  • 1
    Ministry of Finance
    Correct
    Wrong
  • 2
    Reserve Bank of India
    Correct
    Wrong
  • 3
    Securities and Exchange Board of India (SEBI)
    Correct
    Wrong
  • 4
    Finance Commission
    Correct
    Wrong
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Answer : 1. "Ministry of Finance"
Explanation :

Answer: A) Ministry of Finance Explanation: In India, Fiscal Policy is formulated by the Ministry of Finance.   Fiscal policy is playing an important role on the economic and social front of a country. Traditionally, fiscal policy is concerned with the determination of state income and expenditure policy. But with the passage of time, the importance of fiscal policy has been increasing continuously for attaining rapid economic growth. An effective fiscal policy is composed of policy decisions relating to the entire financial structure of the government including tax revenue, public expenditures, loans, transfers, debt management, budgetary deficit, etc.

Q: The law of demand states that other things equal 1949 0

  • 1
    as the price increases, the quantity demanded will decrease.
    Correct
    Wrong
  • 2
    as the price increases, the quantity demanded will increase.
    Correct
    Wrong
  • 3
    as the price decreases, the demand curve will shift to the right.
    Correct
    Wrong
  • 4
    as the price increases, the demand will decrease.
    Correct
    Wrong
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Answer : 1. "as the price increases, the quantity demanded will decrease."
Explanation :

Answer: A) as the price increases, the quantity demanded will decrease. Explanation:

Q: The difference between two numbers is 3355. When the larger number is divided by the smaller one, the quotient is 6 and the remainder is 15. The smaller number and larger number respectively ? 1949 0

  • 1
    546, 3901
    Correct
    Wrong
  • 2
    415, 3770
    Correct
    Wrong
  • 3
    668, 4023
    Correct
    Wrong
  • 4
    404, 3759
    Correct
    Wrong
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Answer : 3. "668, 4023"
Explanation :

Answer: C) 668, 4023 Explanation: Let the smaller number be k.Then, larger number = (3355 + k)Therefore 3355 + k = (6k + 15)‹=› 5k = 3340‹=› k = 668. Therefore, the smaller number k = 668 and now the larger number = 3355+668 = 4023.

Q: The first-ever International MSME Day 2017 has celebrated on which day  ? 1948 0

  • 1
    June 27
    Correct
    Wrong
  • 2
    June 23
    Correct
    Wrong
  • 3
    June 26
    Correct
    Wrong
  • 4
    June 28
    Correct
    Wrong
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Answer : 1. "June 27"
Explanation :

Answer: A) June 27 Explanation: The International Trade Centre (ITC) has celebrated the first-ever International MSME Day on June 27, 2017 with theme ‘Small business – big impact’. The purpose of the day is to raise public awareness about the importance of MSMEs to economic growth and international development. The Micro, Small and Medium Enterprises (MSME) Day highlights the strong contribution of MSMEs worldwide to livelihoods, communities and economies and the need to support MSMEs towards their success. The ITC is the joint agency of the UN and the WTO supporting SMEs in developing countries and transition economies for sustainable and inclusive trade.

Q: How many seconds will a 800 meter long train moving with a speed of 63 km/hr take to cross a man walking with a speed of 3 km/hr in the direction of the train ? 1948 0

  • 1
    48
    Correct
    Wrong
  • 2
    52
    Correct
    Wrong
  • 3
    38
    Correct
    Wrong
  • 4
    42
    Correct
    Wrong
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Answer : 1. "48"
Explanation :

Answer: A) 48 Explanation: Here distance d = 800 mts speed s = 63 - 3 = 60 kmph = 60 x 5/18 m/s time t = 800x1860x5= 48 sec.

Q: At present, the ratio between the ages of Arun and Harish is 4:3. After 6 years, Arun's age will be 26 years. What is the age of Harish at present ? 1948 0

  • 1
    15 years
    Correct
    Wrong
  • 2
    16 years
    Correct
    Wrong
  • 3
    18 years
    Correct
    Wrong
  • 4
    21 years
    Correct
    Wrong
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Answer : 1. "15 years"
Explanation :

Answer: A) 15 years Explanation: Let the present ages of Arun and Harish be 4x and 3x years respectively. Then, 4x + 6 = 26 => x = 5 Harish's age = 3x = 15 years.

Q: What frequency range is the high frequency band? 1948 0

  • 1
    3 kHz
    Correct
    Wrong
  • 2
    3 to 30 MHz
    Correct
    Wrong
  • 3
    30 to 300 MHz
    Correct
    Wrong
  • 4
    10 GHz
    Correct
    Wrong
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Answer : 2. "3 to 30 MHz"
Explanation :

Answer: B) 3 to 30 MHz Explanation: The HF band is based on frequencies 3 to 30 Mhz. AM radio stations are in the HF band but normally are stated in kilohertz.

Q: In a college, number of boys is 75% of number of girls. Difference between boys and girls is 35. On a particular day 20% boys were absent, then find the number of boys those who present? 1948 0

  • 1
    72
    Correct
    Wrong
  • 2
    84
    Correct
    Wrong
  • 3
    93
    Correct
    Wrong
  • 4
    81
    Correct
    Wrong
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Answer : 2. "84"
Explanation :

Answer: B) 84 Explanation: Ratio of girls and boys = 100% : 75% = 4:3 Difference is 1 unit = 35 So, 3 units = 35 x 3 = 105 If 20% absent, that’s mean 80% present. So, present boys = 80% of 105 = 80×105100 = 84

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