Questions

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:

"Taxes on agricultural income" is listed in the __________ list given in the Seventh Schedule in the Constitution of India.

A) Union B) State
C) Global D) Concurrent
 
Answer & Explanation Answer: B) State

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

Explanation:
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Q:

The question below consists of a set of labelled sentences. Out of the four options given, select the most logical order of the sentences to form a coherent paragraph.

As for ourselves, we

X-combing our hair
Y-a good wash and
Z-were contented with

A) ZXY B) YZX
C) YXZ D) ZYX
 
Answer & Explanation Answer: D) ZYX

Explanation:
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Q:

In the following question, out of the four alternatives, select the alternative which is the best substitute of the words/sentence.

The crime of betraying one's country

A) Treason B) Frankness
C) Fidelity D) Allegiance
 
Answer & Explanation Answer: A) Treason

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Q:

In the following passage some of the words have been left out. Read the passage carefully and select the correct answer for the given blank out of the four alternatives.

Once again, a _____________ monsoon so vital to India's economic fortunes has left some states in shambles. From Assam to Karnataka, heavy rainfall in a ____________ has created paralysing floods that have taken a _______________, wiped out crops and destroyed hard-earned assets. When the waters ___________, a familiar cycle of assessment of damage by Central teams, preparation of loss estimates and expensive ____________ work such as repairs of river embankments, will follow.


a _____________ monsoon so vital to India's economic fortunes

A) rapid B) huge
C) thunder D) vigorous
 
Answer & Explanation Answer: D) vigorous

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Q:

Select the word with the correct spelling.

A) sentreis B) surgeons
C) sibblings D) imolate
 
Answer & Explanation Answer: B) surgeons

Explanation:
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