Free DI and LR - 09 Practice Test - CAT 

Question 1

What was the approx. average sale per month of Low-sulphur-diesel fuel in US to industrial consumers in 2003?

A. USD 95 billion
B. USD 100 billion
C. USD 105 billion
D. USD 102 billion

SOLUTION

Solution : B

Total sale of Low-sulphur diesel in US to industrial consumers in 2003 = 1201.1

Hence average sale per month = 1201.112 = 100

 

Question 2

For how many months in 2003 was the sale of Low-sulphur diesel fuel to retail consumers more than the monthly average of the total sales of Low-sulphur diesel fuel in US?

A. 6
B. 7
C. 8
D. 12

SOLUTION

Solution : D

Since sale to retail consumers is highest on all months in 2003.

 

Question 3

For how many months in 2003 in US was the ratio of sales of Low-sulphur diesel fuel to retail consumers and to other consumers more than 1.05?

A. 1
B. 2
C. .5
D. 1.02

SOLUTION

Solution : B

In March and April the ratio is greater than 1.05.

Question 4

In which month was there the maximum percentage change (over the previous month) in monthly sale of Low-sulphur diesel fuel to commercial/Institutional consumers in 2003 in US?

A. February
B. April
C. September
D. October

SOLUTION

Solution : A

In February, percentage change = 17.9096.7 × 100 = 18.7 % (approx)

In April, percentage change = 17.32113.2 × 100 = 17% (approx)

Hence, maximum percentage change will be in February.

 

 

Question 5

The three commodities which had highest export growth rate in the year 2004-05 as compared to the previous year, arranged in descending order of growth rates are:

A. petroleum products, ores and minerals, engineering goods
B. ores and minerals, gems and jewellery, chemicals and related products
C. gems and jewellery, chemicals and related products, agri and allied products
D. ores and minerals, chemicals and related products, agri and allied products

SOLUTION

Solution : A

Visually, petroleum registered the highest growth, followed by ores and minerals and

engineering goods.

 

Question 6

In the year 2005-06 the commodity which witnessed maximum growth in exports (in Indian Rupees) as compared to the year 2004-05 is:

A.

petroleum products

B.

project goods

C.

ores & minerals

D.

None of these

SOLUTION

Solution : A

Growth in petroleum products is highest.

Question 7

In the two year period from 2004-05 to 2005-06, the average growth in import (in Indian Rupees) of which commodity to India was maximum?

A. bulk imports
B. pearls, precious and semi-precious stones
C. machinery
D. project goods

SOLUTION

Solution : A

Visual question; bulk imports register the highest growth

Question 8

Growth of trade imbalance (exports less imports) in dollar terms in the year 2005-06 as compared to the previous year was ?

A. 39.77
B. 41.85
C. 91.24
D. 95.98

SOLUTION

Solution : B

Growth of trade imbalance (exports less imports) in dollar terms in the year 2005-06 as compared to the previous year was 41.85

 

Question 9

Given that the weight (%) of Petroleum crude and products in the total imports of India is 26.70, 27.87, and 30.87 in the years 2003-04,2004-05, and 2005-06 respectively. What is the ratio of yearly difference in the export of Petroleum Products and import of Petroleum crude and products, in dollar terms, in the year 2005-06 versus 2004-05?

A. 1.36
B. 1.38
C. 1.46
D. 1.48

SOLUTION

Solution : A

option (a)
30.87×6.30−11.21×4.5427.87×5.01−8.57×3.57=1.36 approx.

 

Question 10

For which of the following pairs of manufacturers, the profit per PC sold by them is the same?

A.

Sony and Compaq-HP

B.

Acer and Zenith

C.

HCL and Acer

D.

Compaq-HP and Acer

SOLUTION

Solution : B

 Profit per PC is same for Acer and Zenith, i.e. Rs. 7000.

Question 11

Which of the following manufacturer(s) has/have the highest revenue from PC sales, amongst the given five manufacturers? 

A. Compaq-HP and Zenith
B. Sony
C. Zenith
D. Both (2) and (3)

SOLUTION

Solution : A

Revenue from PC sales is highest for both Compaq-HP and Zenith, i.e. Rs. 6 × 109.

 

Question 12

Which of the following manufacturer(s) contribute the maximum sales tax?

A. Sony and Compaq-HP
B. Compaq-HP, HCL and Zenith
C. HCL and Acer
D. Compaq-HP and Zenith

SOLUTION

Solution : D

Both Compaq-HP and Zenith contribute the maximum sales tax. 

Question 13

What was the ratio between the proportion of equities in the total investment portfolio of Arnab between 94-95 and 96-97?

A.

1.44

B.

2.8

C.

3.23

D.

1.7

SOLUTION

Solution : A

Proportion of equity in overall investment 94-95 = 160316 = 0.506

Proportion of equity in overall investment 96-97 = 134380 = 0.35

Ratio of proportion of equity = 0.506: 0.35= 1.44

Question 14

If Arnab’s reallocation of investment portfolio between equities, equity options and debt, government bonds reflected the way the markets performed in each of the years, what can be said about the performance of the market during the period 94-95 and 99-00?

A. The equities market peaked in performance in the year 96-97
B. The year in which the equities market performed the worst in this period was in 97-98
C. The performance of debt markets was better than equities market in 2 out of 5 years
D. In 97-98, both the debt, government bonds and equity, options markets performed equally well

SOLUTION

Solution : D

The total funds allocated to equity options in the year 97-98 is 165+28 = 193. the total funds allocated to debt and government bonds is 134+62= 196. Almost equal amounts of funds have been allocated to both debt and equity, hence both would have performed as well as the other.

 

Question 15

Which of the following statements is not true for the period 94-95 to 99-00 about the investments of Arnab?

I) In all the years in this period, funds invested in debt were lower than that in equities

II) The total amount of funds invested by the funds showed an increase every year during this period

III) The funds allocated to equity options showed a continuous increase after the first two years

A. I and II only
B. I only
C. II only
D. none of these

SOLUTION

Solution : D

All 3 statements are true. Hence, option d.

 

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