TESTfunda - CAT Question of the Day 25-Apr-13

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	25-Apr-13 TestFunda Home | Sign up for Newsletters | Feedback CAT Question of the Day Answer the following question based on the information given below. Mumbai Real Estate prices just keep going up. All the rules and regulations and maze of laws that govern this city's prime property seem stacked in favour of the builders. Time and again the government has changed laws to increase the supply of land and to bring down prices. For example, the Urban Land Ceiling Act was repealed changing the Housing Policy. Nothing worked. Prices just kept going up. Which of the following can be inferred from the above? OPTIONS     1) Prices can't reflect demand and supply when supply is controlled by a few.   2) Real Estate prices in Mumbai have risen about four times in the last seven years.   3) The repeal of the Urban Ceiling Act was in favour of the builders.   4) The laws of economics don't seem to apply to the real estate sector in Mumbai. discuss | yesterday's solution | more questions Tip of the Day It is not necessary that the summary of a passage should be a single sentence. Do not use this criterion for eliminating options while solving questions related to summaries. more tips Last year's Question of the day (24-Apr-12) A box B1 has 299 identical cards. These cards are divided into three heaps and placed in boxes B1, B2 and B3 such that each box has at least one card. What is the probability that B1 has more cards than B2 and B3 put together? OPTIONS     1)   2)   3)   4)   5) discuss TestFunda.com - LEARN with THE LEADER in Online MBA Test Prep Demo Lessons   |   Take a Demo Test   |   Buy Courses   |   Fun Learning Games   |   100-Percentilers About TestFunda.com - TestFunda is backed by www.ZeusLearning.com. 3 IIT-IIM graduates form the Management Team. - The 85+ member team has vast experience in MBA Coaching and Computer-Based Training and Testing. - For 12 years Zeus has created award-winning courseware for companies like Discovery Channel, Reader's Digest, Texas Instruments, Pearson Education. - The TestFunda Advisory Board comprises CEOs and MDs of international educational companies. About This Newsletter You received this email because you have registered with www.TestFunda.com. If you do not want to receive this email or want to sign up for other newsletters from TestFunda  click here. Please do not reply to this mail. Mails sent to this account will not be monitored. Post your comments and solutions under the Question of the Day forum. Problems getting this mail? To get this mail in your inbox, add noreply@testfunda.com to your contact list.       UNSUBSCRIBE / SUBSCRIBE | ABOUT | WHY TESTFUNDA | FAQ | PRIVACY | SUPPORT | CONTACT | DISCUSS   © Enabilon Learning Private Limited. All rights reserved