Questions

Q:

Which one of the following institutions is also called "World Bank" ?

A) International Bank of Reconstruction and Development B) International Monetary Fund
C) UNICEF D) IFC
 
Answer & Explanation Answer: A) International Bank of Reconstruction and Development

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Q:

Ananas comosus is the scientific name of ________.

A) Custard Apple B) Pineapple
C) Bamboo D) Pomegranate
 
Answer & Explanation Answer: B) Pineapple

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Filed Under: General Science
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Q:

Which Schedule of the constitution of India lists the States and Union Territories of India?

A) First Schedule B) Second Schedule
C) Third Schedule D) Fourth Schedule
 
Answer & Explanation Answer: A) First Schedule

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Q:

Which of the following is Inexhaustible Natural Resources?

A) Air B) Minerals
C) Forests D) Coal
 
Answer & Explanation Answer: A) Air

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Filed Under: Physics
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Q:

___________ defines data types and the relationships among them.

A) Data definition language B) Data manipulation language
C) Query language D) OQL
 
Answer & Explanation Answer: A) Data definition language

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Filed Under: Computer
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Q:

The members of the Rajya Sabha are elected by

A) Elected members of the Legislative Assembly B) Elected members of Legislative Council
C) The people D) Lok Sabha
 
Answer & Explanation Answer: A) Elected members of the Legislative Assembly

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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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Q:

What is Damodar Valley Corporation ?

A) Statutory body B) Municipal Corporation looking after Damodar Valley
C) A private enterprise located in Bihar D) A non government organisation
 
Answer & Explanation Answer: A) Statutory body

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