Q:

Which  one  of  the  following  statements  is correct in relation to the GST Bill passed by the Rajya Sabha in August 2016?

A) It  will  replace  all  central  taxes,  duties, etc, only by a single tax. B) It will subsume central as well as State taxes, duties, etc.
C) GST  will  be  levied  on  alcoholic liquor for  human  consumption  at  a  uniform rate of 25 percent. D) Petroleum   and   petroleum   products shall  not  be  subject  to  the  levy  of GST.
 
Answer & Explanation Answer: B) It will subsume central as well as State taxes, duties, etc.

Explanation:

Goods and Services Tax (GST)  will replace  all  central  as well as  state taxes  by  a  single  tax.  GST  will subsume  various  Central  indirect taxes,  including  the  Central  excise duty,Countervailing  duty,  Service tax,  etc.  It  also  subsumes  State Value Added Tax(VAT), Octroi and entry    tax,    Luxury    tax,    etc. Petroleum  products  like  kerosene, naphtha  and  LPG  will  be  under GST,  while  five  items,  including crude oil, natural gas, aviation fuel, diesel    and    petrol    have    been excluded.    Alcohol    for    human consumption will be out of GS

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Filed Under: Indian Politics
Exam Prep: Bank Exams

1 862
Q:

Which  one  of  the  following  statements  is not correct?

A) Pavo  cristatus  is  the  national  bird  of India. B) Nelumbo nucifera gaertn is the national flower of India.
C) Ficus  benghalens is  is  the  national  tree of India. D) Mangifera  indica  is  the  national  animal of India.
 
Answer & Explanation Answer: D) Mangifera  indica  is  the  national  animal of India.

Explanation:

All   are   correct   except   D,   as Mangifera  indica  is  scientific  name of Mango

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Filed Under: General Science

0 761
Q:

Which one of the following ports is located on estuary?

A) Kandala B) Marmagao
C) Kolkata-Haldia D) Tuticorin
 
Answer & Explanation Answer: B) Marmagao

Explanation:

Kandla is Tidal port, Kolkata Haldia is  a  riverine  port,  Tuticorin  is  a river  port,  Marmagao  is  in  Goa,  is situated   on   estuary   on   eastern coast of India. Delta formation and estuary    formation    take    place mostly  on  western  coast  and  Goa is in western coast. 

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Filed Under: Indian Geography
Exam Prep: Bank Exams

4 3313
Q:

‘Rand/ZAR’ is the currency of 

A) Burundi B) Libya
C) Sudan D) South Africa
 
Answer & Explanation Answer: D) South Africa

Explanation:

Burundi-Bur  Franc,  Libya-Libyan Dinar,   Sudan-Sudanese   Pound, South Africa-Rand/ZAR.

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Filed Under: General Awareness
Exam Prep: Bank Exams

0 829
Q:

Which one of the following about sugar industry of Peninsular India is not correct?

A) High yield per hectare of sugarcane B) Higher sucrose content
C) Long crushing season D) Most of the mills in the Peninsula are located mainly along the east coast
 
Answer & Explanation Answer: D) Most of the mills in the Peninsula are located mainly along the east coast

Explanation:

All  are  true  except  D,  as  most  of the  Sugar  industries  are  located along   the   west   coast   ,not   east coast.

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Filed Under: Indian History
Exam Prep: Bank Exams

0 982
Q:

The  Gulf  Stream  is  a  poleword  flowing current in the Atlantic Ocean. Which one of the following statements with regard to this is not correct?

A) It  is  similar  to  the  Kuroshio  current  in the North Pacific Ocean. B) It   transports   warm,   tropical   water towards polar region.
C) This   current   is   a   major   factor   in weather  along  the  east  coast  of  the USA. D) The  warm  water  of  the  Gulf  Stream sustains  the  coral  reefs  of  West  Pacific Coast.
 
Answer & Explanation Answer: D) The  warm  water  of  the  Gulf  Stream sustains  the  coral  reefs  of  West  Pacific Coast.

Explanation:

All are correct except 4. The Kuroshio is a north-flowing ocean  current on  the  west side  of  the  North Pacific  Ocean.  It is similar to the Gulf Stream in the North  Atlantic  and  is  part  of  the North  Pacific ocean  gyre.  Like  the Gulf  stream,  it  is  a  strong western boundary  current.  Gulf  stream  is not present in west Pacific coast

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Filed Under: World Geography
Exam Prep: Bank Exams

0 1225
Q:

Which one of the following statements with regard   to   Jet   stream,   an   upper   level tropospheric wave, is not correct?

A) It is narrow band of high-velocity wind. B) It   follows   the   wave   path   near   the tropopause at elevations of 8 km to 15 km.
C) Jet  streams  are typically  continuous over long distances. D) In summer, the polar front jet achieves its maximum force.
 
Answer & Explanation Answer: B) It   follows   the   wave   path   near   the tropopause at elevations of 8 km to 15 km.

Explanation:

All  are  correct  except  D,  as  Jet streams  are  phenomena  of  winter. It   is   believed   that   jet   stream exercises  an  important  influence on the winter weather in India.

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Filed Under: Physics
Exam Prep: Bank Exams

1 1192
Q:

The molecular mass of sulphuric acid is 98. If 49 g of the acid is dissolved in water to make one litre of solution, what will be the strength of the acid?

A) Two normal B) One normal
C) 0.5 normal D) Four normal
 
Answer & Explanation Answer: B) One normal

Explanation:

Normality is a way of expressing concentration of a solution and can be calculated by the formula-

Normality (N) = No. of gram equivalent of solute/ volume of solution (in litre)

Gram equivalent weight of H2 SO4 = Molecular weight/ No. of Hydrogen atom = 98/2 = 49 gm

No. of gram equivalent in 49 gm of H2 SO4 = 1

So, Normality in 1 litre of solution = 1/1 = 1 N

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Filed Under: Chemistry
Exam Prep: Bank Exams

1 2971