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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

Explanation:
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Q:

Part of XVII of India Constitution deals with ______.

A) elections B) official language
C) Panchyat D) fundamental rights
 
Answer & Explanation Answer: B) official language

Explanation:
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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:

In the following question, out of the four alternatives, select the alternative which best expresses the meaning of the idiom/phrase.

excuse my French

 

A) to apologize for swearing B) to speak in a language that others can't understand
C) being excessively polite D) lack of foreign language skills
 
Answer & Explanation Answer: A) to apologize for swearing

Explanation:
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Q:

In the following question, out of the given four alternatives, select the one which best expresses the meaning of the given word.

 

Judicious

 

A) Hasty B) Reckless
C) Irrational D) Wise
 
Answer & Explanation Answer: D) Wise

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Q:

In the following question, out of the given four alternatives, select the one which best expresses the meaning of the given word.

 

Piquant

 

A) Flat B) Pride
C) Spicy D) Grumpy
 
Answer & Explanation Answer: C) Spicy

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Q:

In the following question, a word has been written in four different ways out of which only one is correctly spelt. Select the correctly spelt word.

 

A) Apparant   B) Apparent
C) Aparent   D) Appareint
 
Answer & Explanation Answer: B) Apparent

Explanation:
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