All Courses
Explore Courses UPSC Exam UPSC Test Series Free Notes EduRev Infinity Get the App Login Join for Free
Sign in Open App
CAT Exam  >  CAT Questions  >   Directions: Answer the question on the basis... Start Learning for Free
SaveJoin the Discussion on the App
Directions: Answer the question on the basis of the following information:
Salary payable in a multinational's India office consists of salary plus conveyance allowance plus housing allowance. Education allowance is also payable but that is on reimbursement basis, given separately. India office employs five managers, A, B, C, D, and E besides non-managerial staff. Following table gives the details of salary payable, etc. (all figures in percentage of the total for company ™s India office), particulars for non-managerial staff being clubbed under single head, 'others'.
Q. The managerial staff, in addition to above payments, is also paid house-help assistance (HHA) calculated as under:
HHA = 1/20 x conveyance allowance + 1/50 x housing allowance + 1/100 x salary
Thus, HHA is payable on all the three components of salary payable. If total monthly payments of the company under different heads are: conveyance allowance Rs. 10,000, housing allowance Rs. 50,000, and salary Rs. 400,000, the top three managers in ascending order of house-help assistance will be
  • a)
    A, C, B
  • b)
    D, C, A
  • c)
    D, B, A
  • d)
    B, C, A
Correct answer is option 'A'. Can you explain this answer?
FREE This question is part of
Download PDF Attempt Test
Download PDF Attempt this Test
Most Upvoted Answer
Directions: Answer the question on the basis of the following informa...
Company = (1/100) x (Rs. 4,00,000) + 1/25 x (Rs. 10,000) + 1/100 (Rs. 50,000) = Rs. 4000 + Rs. 400 + Rs. 500 = Rs. 4900
For A, HHA = 20.3% of Rs. 4000 + 2.1 % of Rs. 400 + 4.1 % of Rs. 500
= 20.3 40 + 2.1 4 + 4.1 5
= 812 + 8. 4 + 20.5 = Rs. 840.9
Similarily, HHA for B = Rs. 1003; for C, = Rs. 904.3;
for D, = Rs. 770.2; for E, = Rs. 321.1. Hence, option (1)
Attention CAT Students!
To make sure you are not studying endlessly, EduRev has designed CAT study material, with Structured Courses, Videos, & Test Series. Plus get personalized analysis, doubt solving and improvement plans to achieve a great score in CAT.
< Previous Question Next Question >
Explore Courses for CAT exam

Similar CAT Doubts

Directions: Answer the question on the basis of the following information:Salary payable in a multinational's India office consists of salary plus conveyance allowance plus housing allowance. Education allowance is also payable but that is on reimbursement basis, given separately. India office employs five managers, A, B, C, D, and E besides non-managerial staff. Following table gives the details of salary payable, etc. (all figures in percentage of the total for company ™s India offic e), particulars for non-managerial staff being clubbed under single head, 'others'.Q. C, the Swedish head of multinational’s India office, who is on an extended leave to Sweden, decides to forgo half of his monetary benefits as mentioned above (including HHA as per previous question ) for one month. If the amount thus forgone is then added to the salary payable to remaining managerial staff in proportion to their individual salary payable, what will be the ratio of salary payables of A to D in the concerned month?

Directions: Answer the question on the basis of the following information:Salary payable in a multinational's India office consists of salary plus conveyance allowance plus housing allowance. Education allowance is also payable but that is on reimbursement basis, given separately. India office employs five managers, A, B, C, D, and E besides non-managerial staff. Following table gives the details of salary payable, etc. (all figures in percentage of the total for company ™s India offic e), particulars for non-managerial staff being clubbed under single head, 'others'.Q. A trained certified cook's services are available for Rs. 8,000 per month and services of a certified helper can be secured for Rs. 4,000 per month. The managerial staff, all Swedish, decides that they would pool their conveyance allowance and HHA (payable on conveyance allowance only) towards hiring a certified helper or if sufficient money is collected towards hiring a certified cook preferably or if still more money gets collected, both would be hired. The services of which of the following can be hired?

The passage given below is followed by a set of questions. Choose the most appropriate answer to each question.Over the past decade the worlds corporate pecking order has been disturbed by the arrival of a new breed of plucky multinationals from the emerging world. These companies have not only taken on Western incumbents, snapped up Western companies and launched exciting new products, but they have challenged some of the Wests most cherished notions of how companies ought to organise themselves. Many emerging-market multinationals are focused companies that are admired in the West: the likes of Indias Infosys Technologies, Brazils Embraer and South Africas MTN. But others are highly diversified. In some ways these groups look like throwbacks to old-fashioned Western conglomerates such as ITT. But in other ways they are sui generis: much more diversified and readier to blur the line between public and private. The most remarkable of these is Indias Tata group, active in everything from cars to chemicals and from hotels to steel; Tata is so big that several of its companies are important multinationals in their own right. But others are also global forces: they include Alfa from Mexico, Koc Holding from Turkey and the Votorantim Group of Brazil. And dozens more are trying to break free of their national moorings. Tarun Khanna, of the Harvard Business School, calculates that such organisations are the most common business form in emerging markets. In India about a third of companies belong to wider entities. In Hong Kong 15 families control more than two-thirds of the stockmarket.There are plenty of reasons to doubt the durability of these business groups. Many of them have thrived because they have close relations with their national governments. They are far too susceptible to scandal (witness the current furore in India over the sale of mobile-phone licences to favoured groups involving bribes). Others are incapable of managing their diverse portfolios. Western stockmarkets habitually apply a discount to conglomerates shares. Yet there is more to these groups than cronyism. A growing number of them are proving that they can compete in global markets as well as in sometimes rigged local ones. The Boston Consulting Group lists the rise of diversified global conglomerates as one of five trends that will shape the future of business. Mr Khanna reckons firms that belong to Indias business groups frequently outperform free-standing companies. Such groups developed partly to deal with the problems of operating in places where governments are frequently incompetent and markets are hopelessly underdeveloped. Western management gurus love to advise companies to stick to their knitting. But in emerging markets your knitting may be your ability to stitch your way around underdeveloped markets rather than just your ability to manufacture a particular product.The business groups are nimble decision-takers and have proved strikingly successful at seizing opportunities in other emerging markets. Kocs food-retailing business, Migros, has expanded throughout the Balkans and the former Soviet Union. Carlos Slim has extended his telecoms empire across Latin America. Tata also suggests that there may be yet another advantage indiversification: the ability to develop skills across a wide range of businesses. Not only are various Tata companies trying to produce frugal products such as the Nano, an ultra-cheap car. They are pooling their resources: Tata Consultancy Services, Tata Chemicals and Titan Industries co-operated to produce the worlds cheapest water purifier. In the long run most of these emerging conglomerates are likely to follow the same path as Western companies: focusing on their core activities and buying ever more services from the market. But Western companies also need to recognise thatfor the time being at leastthese diversified giants have plenty to offer. Western firms may need to form joint ventures with old-fashioned conglomerates in order to win entry to fast-growing emerging markets. They may even find that they have to embrace diversification as they try to compete in these markets. The best emerging-market companies have learned a great deal from the West in recent years. It is time for Western multinationals to return the compliment.Q.Based on the comparison in the passage, which of the following most accurately distinguishes an emerging-market multinational from a Western conglomerate? 1),

Top Courses for CATView all

Top Courses for CAT

Directions: Answer the question on the basis of the following information:Salary payable in a multinational's India office consists of salary plus conveyance allowance plus housing allowance. Education allowance is also payable but that is on reimbursement basis, given separately. India office employs five managers, A, B, C, D, and E besides non-managerial staff. Following table gives the details of salary payable, etc. (all figures in percentage of the total for company ™s India office), particulars for non-managerial staff being clubbed under single head, 'others'.Q. The managerial staff, in addition to above payments, is also paid house-help assistance (HHA) calculated as under:HHA = 1/20 x conveyance allowance + 1/50 x housing allowance + 1/100 x salaryThus, HHA is payable on all the three components of salary payable. If total monthly payments of the company under different heads are: conveyance allowance Rs. 10,000, housing allowance Rs. 50,000, and salary Rs. 400,000, the top three managers in ascending order of house-help assistance will bea)A, C, Bb)D, C, Ac)D, B, Ad)B, C, ACorrect answer is option 'A'. Can you explain this answer?
Question Description
Directions: Answer the question on the basis of the following information:Salary payable in a multinational's India office consists of salary plus conveyance allowance plus housing allowance. Education allowance is also payable but that is on reimbursement basis, given separately. India office employs five managers, A, B, C, D, and E besides non-managerial staff. Following table gives the details of salary payable, etc. (all figures in percentage of the total for company ™s India office), particulars for non-managerial staff being clubbed under single head, 'others'.Q. The managerial staff, in addition to above payments, is also paid house-help assistance (HHA) calculated as under:HHA = 1/20 x conveyance allowance + 1/50 x housing allowance + 1/100 x salaryThus, HHA is payable on all the three components of salary payable. If total monthly payments of the company under different heads are: conveyance allowance Rs. 10,000, housing allowance Rs. 50,000, and salary Rs. 400,000, the top three managers in ascending order of house-help assistance will bea)A, C, Bb)D, C, Ac)D, B, Ad)B, C, ACorrect answer is option 'A'. Can you explain this answer? for CAT 2024 is part of CAT preparation. The Question and answers have been prepared according to the CAT exam syllabus. Information about Directions: Answer the question on the basis of the following information:Salary payable in a multinational's India office consists of salary plus conveyance allowance plus housing allowance. Education allowance is also payable but that is on reimbursement basis, given separately. India office employs five managers, A, B, C, D, and E besides non-managerial staff. Following table gives the details of salary payable, etc. (all figures in percentage of the total for company ™s India office), particulars for non-managerial staff being clubbed under single head, 'others'.Q. The managerial staff, in addition to above payments, is also paid house-help assistance (HHA) calculated as under:HHA = 1/20 x conveyance allowance + 1/50 x housing allowance + 1/100 x salaryThus, HHA is payable on all the three components of salary payable. If total monthly payments of the company under different heads are: conveyance allowance Rs. 10,000, housing allowance Rs. 50,000, and salary Rs. 400,000, the top three managers in ascending order of house-help assistance will bea)A, C, Bb)D, C, Ac)D, B, Ad)B, C, ACorrect answer is option 'A'. Can you explain this answer? covers all topics & solutions for CAT 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Directions: Answer the question on the basis of the following information:Salary payable in a multinational's India office consists of salary plus conveyance allowance plus housing allowance. Education allowance is also payable but that is on reimbursement basis, given separately. India office employs five managers, A, B, C, D, and E besides non-managerial staff. Following table gives the details of salary payable, etc. (all figures in percentage of the total for company ™s India office), particulars for non-managerial staff being clubbed under single head, 'others'.Q. The managerial staff, in addition to above payments, is also paid house-help assistance (HHA) calculated as under:HHA = 1/20 x conveyance allowance + 1/50 x housing allowance + 1/100 x salaryThus, HHA is payable on all the three components of salary payable. If total monthly payments of the company under different heads are: conveyance allowance Rs. 10,000, housing allowance Rs. 50,000, and salary Rs. 400,000, the top three managers in ascending order of house-help assistance will bea)A, C, Bb)D, C, Ac)D, B, Ad)B, C, ACorrect answer is option 'A'. Can you explain this answer?.
Solutions for Directions: Answer the question on the basis of the following information:Salary payable in a multinational's India office consists of salary plus conveyance allowance plus housing allowance. Education allowance is also payable but that is on reimbursement basis, given separately. India office employs five managers, A, B, C, D, and E besides non-managerial staff. Following table gives the details of salary payable, etc. (all figures in percentage of the total for company ™s India office), particulars for non-managerial staff being clubbed under single head, 'others'.Q. The managerial staff, in addition to above payments, is also paid house-help assistance (HHA) calculated as under:HHA = 1/20 x conveyance allowance + 1/50 x housing allowance + 1/100 x salaryThus, HHA is payable on all the three components of salary payable. If total monthly payments of the company under different heads are: conveyance allowance Rs. 10,000, housing allowance Rs. 50,000, and salary Rs. 400,000, the top three managers in ascending order of house-help assistance will bea)A, C, Bb)D, C, Ac)D, B, Ad)B, C, ACorrect answer is option 'A'. Can you explain this answer? in English & in Hindi are available as part of our courses for CAT. Download more important topics, notes, lectures and mock test series for CAT Exam by signing up for free.
Here you can find the meaning of Directions: Answer the question on the basis of the following information:Salary payable in a multinational's India office consists of salary plus conveyance allowance plus housing allowance. Education allowance is also payable but that is on reimbursement basis, given separately. India office employs five managers, A, B, C, D, and E besides non-managerial staff. Following table gives the details of salary payable, etc. (all figures in percentage of the total for company ™s India office), particulars for non-managerial staff being clubbed under single head, 'others'.Q. The managerial staff, in addition to above payments, is also paid house-help assistance (HHA) calculated as under:HHA = 1/20 x conveyance allowance + 1/50 x housing allowance + 1/100 x salaryThus, HHA is payable on all the three components of salary payable. If total monthly payments of the company under different heads are: conveyance allowance Rs. 10,000, housing allowance Rs. 50,000, and salary Rs. 400,000, the top three managers in ascending order of house-help assistance will bea)A, C, Bb)D, C, Ac)D, B, Ad)B, C, ACorrect answer is option 'A'. Can you explain this answer? defined & explained in the simplest way possible. Besides giving the explanation of Directions: Answer the question on the basis of the following information:Salary payable in a multinational's India office consists of salary plus conveyance allowance plus housing allowance. Education allowance is also payable but that is on reimbursement basis, given separately. India office employs five managers, A, B, C, D, and E besides non-managerial staff. Following table gives the details of salary payable, etc. (all figures in percentage of the total for company ™s India office), particulars for non-managerial staff being clubbed under single head, 'others'.Q. The managerial staff, in addition to above payments, is also paid house-help assistance (HHA) calculated as under:HHA = 1/20 x conveyance allowance + 1/50 x housing allowance + 1/100 x salaryThus, HHA is payable on all the three components of salary payable. If total monthly payments of the company under different heads are: conveyance allowance Rs. 10,000, housing allowance Rs. 50,000, and salary Rs. 400,000, the top three managers in ascending order of house-help assistance will bea)A, C, Bb)D, C, Ac)D, B, Ad)B, C, ACorrect answer is option 'A'. Can you explain this answer?, a detailed solution for Directions: Answer the question on the basis of the following information:Salary payable in a multinational's India office consists of salary plus conveyance allowance plus housing allowance. Education allowance is also payable but that is on reimbursement basis, given separately. India office employs five managers, A, B, C, D, and E besides non-managerial staff. Following table gives the details of salary payable, etc. (all figures in percentage of the total for company ™s India office), particulars for non-managerial staff being clubbed under single head, 'others'.Q. The managerial staff, in addition to above payments, is also paid house-help assistance (HHA) calculated as under:HHA = 1/20 x conveyance allowance + 1/50 x housing allowance + 1/100 x salaryThus, HHA is payable on all the three components of salary payable. If total monthly payments of the company under different heads are: conveyance allowance Rs. 10,000, housing allowance Rs. 50,000, and salary Rs. 400,000, the top three managers in ascending order of house-help assistance will bea)A, C, Bb)D, C, Ac)D, B, Ad)B, C, ACorrect answer is option 'A'. Can you explain this answer? has been provided alongside types of Directions: Answer the question on the basis of the following information:Salary payable in a multinational's India office consists of salary plus conveyance allowance plus housing allowance. Education allowance is also payable but that is on reimbursement basis, given separately. India office employs five managers, A, B, C, D, and E besides non-managerial staff. Following table gives the details of salary payable, etc. (all figures in percentage of the total for company ™s India office), particulars for non-managerial staff being clubbed under single head, 'others'.Q. The managerial staff, in addition to above payments, is also paid house-help assistance (HHA) calculated as under:HHA = 1/20 x conveyance allowance + 1/50 x housing allowance + 1/100 x salaryThus, HHA is payable on all the three components of salary payable. If total monthly payments of the company under different heads are: conveyance allowance Rs. 10,000, housing allowance Rs. 50,000, and salary Rs. 400,000, the top three managers in ascending order of house-help assistance will bea)A, C, Bb)D, C, Ac)D, B, Ad)B, C, ACorrect answer is option 'A'. Can you explain this answer? theory, EduRev gives you an ample number of questions to practice Directions: Answer the question on the basis of the following information:Salary payable in a multinational's India office consists of salary plus conveyance allowance plus housing allowance. Education allowance is also payable but that is on reimbursement basis, given separately. India office employs five managers, A, B, C, D, and E besides non-managerial staff. Following table gives the details of salary payable, etc. (all figures in percentage of the total for company ™s India office), particulars for non-managerial staff being clubbed under single head, 'others'.Q. The managerial staff, in addition to above payments, is also paid house-help assistance (HHA) calculated as under:HHA = 1/20 x conveyance allowance + 1/50 x housing allowance + 1/100 x salaryThus, HHA is payable on all the three components of salary payable. If total monthly payments of the company under different heads are: conveyance allowance Rs. 10,000, housing allowance Rs. 50,000, and salary Rs. 400,000, the top three managers in ascending order of house-help assistance will bea)A, C, Bb)D, C, Ac)D, B, Ad)B, C, ACorrect answer is option 'A'. Can you explain this answer? tests, examples and also practice CAT tests.
Explore Courses for CAT exam

Top Courses for CAT

Explore Courses

Suggested Free Tests

Signup for Free!
Signup to see your scores go up within 7 days! Learn & Practice with 1000+ FREE Notes, Videos & Tests.
10M+ students study on EduRev
Get App
© EduRev
Education Revolution
Signup to see your scores go up within 7 days!
Access 1000+ FREE Docs, Videos and Tests
Takes less than 10 seconds to signup