CAT Practice Question and Answer
8Q: What is cash budget ? 1494 05b5cc6e1e4d2b4197774ec15
5b5cc6e1e4d2b4197774ec15- Show AnswerHide Answer
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Answer :
Explanation :
Cash budget is the budget which is prepared under the finance budget. It is an estimation of the expected cash receipts and cash payments during the budget period. By preparing cash budget it becomes possible for the organisation to predict whether at any point of time there will be excess or shortage of cash. Two main points should be remembered before preparing cash budget: Time period of the cash budget and the items to be included in the cash budget.
Q: Who of the following appointed as head of Punjab National Bank ? 1316 05b5cc6e1e4d2b4197774ec06
5b5cc6e1e4d2b4197774ec06- 1Dinabandu Mohapatrafalse
- 2Usha Ananthasubramanianfalse
- 3R A Narayanfalse
- 4Sunil Mehtatrue
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Answer : 4. "Sunil Mehta"
Explanation :
Answer: D) Sunil Mehta Explanation: Dinabandu Mohapatra for - Bank of India Usha Ananthasubramanian for - Allahabad Bank R A Sankara Narayan for - Vijaya Bank
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 ? 1488 05b5cc6e1e4d2b4197774ebfc
5b5cc6e1e4d2b4197774ebfc- 115 yearstrue
- 216 yearsfalse
- 318 yearsfalse
- 421 yearsfalse
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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: The simple interest on a sum of money will be Rs.600 after 10 years. If the principal is trebled after 5 years what will be the total interest at the end of the tenth year ? 1903 05b5cc6e1e4d2b4197774ebf7
5b5cc6e1e4d2b4197774ebf7- 1Rs. 1100false
- 2Rs. 1200true
- 3Rs. 1000false
- 4Rs. 1840false
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Answer : 2. "Rs. 1200"
Explanation :
Answer: B) Rs. 1200 Explanation: P --- 10 ----- 600 P --- 5 ----- 300 3P --- 5 ----- 900 __________ 1200
Q: A man saves 20% of his monthly salary. If an account of dearness of things he is to increase his monthly expenses by 15%, he is only able to save Rs. 400 per month. What is his monthly salary ? 2353 05b5cc6e1e4d2b4197774ebf2
5b5cc6e1e4d2b4197774ebf2- 1Rs. 6000false
- 2Rs. 4500false
- 3Rs. 5000true
- 4Rs. 6500false
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Answer : 3. "Rs. 5000"
Explanation :
Answer: C) Rs. 5000 Explanation: Income = Rs. 100 Expenditure = Rs. 80 Savings = Rs. 20 Present Expenditure 80x(15/100) = Rs. 12 = 80 + 12 = Rs. 92 Present Savings = 100 – 92 = Rs. 8 100 ------ 8? --------- 400 => 5000 His salary = Rs. 5000
Q: K and L start a business jointly. L invests Rs.16000 for 8 months and L remains in the business for 4 months. Out of the total profit B claims 2/7th share. How much money is contributed by B ? 1742 05b5cc6e1e4d2b4197774ebe8
5b5cc6e1e4d2b4197774ebe8- 1Rs. 9040false
- 2Rs. 10,400false
- 3Rs. 12,800true
- 4Rs. 6350false
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Answer : 3. "Rs. 12,800"
Explanation :
Answer: C) Rs. 12,800 Explanation: 16x8 : Px4 = 5:2 P = 12.8 => Rs.12,800
Q: The average monthly salary of 24 employees in an organisation is Rs. 1500. If the manager's salary is added, then the average salary increases by Rs. 400. What is the manager's monthly salary ? 2093 05b5cc6e1e4d2b4197774ebe3
5b5cc6e1e4d2b4197774ebe3- 1Rs. 8840false
- 2Rs. 11,500true
- 3Rs. 12,800false
- 4Rs. 9450false
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Answer : 2. "Rs. 11,500"
Explanation :
Answer: B) Rs. 11,500 Explanation: Manager's monthly salary = Rs. (1900 x 25 - 1500 x 24) = Rs. 11,500
Q: A letter lock consists of three rings each marked with six different letters. The number of distinct unsuccessful attempts to open the lock is at the most ? 1926 05b5cc6e1e4d2b4197774ebde
5b5cc6e1e4d2b4197774ebde- 1215true
- 2268false
- 3254false
- 4216false
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Answer : 1. "215"
Explanation :
Answer: A) 215 Explanation: Since each ring consists of six different letters, the total number of attempts possible with the three rings is = 6 x 6 x 6 = 216. Of these attempts, one of them is a successful attempt. Maximum number of unsuccessful attempts = 216 - 1 = 215.

