Questions

Q:

Which of the following is not true regard to Goods and Services Tax (GST) ?

A) It will replace luxury tax B) It is a direct tax
C) It will replace multiple taxes on a product or service D) It is an indirect tax
 
Answer & Explanation Answer: B) It is a direct tax

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Filed Under: Indian Economy
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Q:

The _________ balance is equal to capital flows from the rest of the world, minus capital flows to the rest of the world.

A) Current Account B) Savings Account
C) Capital Account D) Asset Account
 
Answer & Explanation Answer: C) Capital Account

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Q:

In 2015, the real rate of interest in a country was 6% and the inflation rate then was 3%. So the nominal rate of interest in 2015 was

A) 3% B) 6%
C) 9% D) 12%
 
Answer & Explanation Answer: C) 9%

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Q:

Nalanda Mahavihara site is in

A) Rajasthan B) Assam
C) Bihar D) Gujarat
 
Answer & Explanation Answer: C) Bihar

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Filed Under: Indian Geography
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Q:

Bengali is the official language of _________.

A) Uttarakhand B) Tripura
C) Kerala D) Chhattisgarh
 
Answer & Explanation Answer: B) Tripura

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Filed Under: Indian Geography
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Q:

During the day, the direction of the wind would be from the __________________

A) sea to the land B) land to the sea
C) valleys to the mountains D) mountains to the valleys
 
Answer & Explanation Answer: A) sea to the land

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Filed Under: General Awareness

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Q:

Which country was India's largest overseas investment destination in the year 2015-16?

A) Mauritius B) Switzerland
C) Saudi Arabia D) Australia
 
Answer & Explanation Answer: A) Mauritius

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Q:

Indusind Bank recently signed loan agreement of $ 200 million with ______ to provide finance to low-income women borrowers in rural India.

 

A) Asian Development Bank B) World Bank
C) Asian Infrastructure Investment Bank D) None of these
 
Answer & Explanation Answer: A) Asian Development Bank

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Filed Under: General Awareness
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