Q:

In which of the following Five Year Plan was the growth rate target exceeded?

A) Eighth Five Year Plan	B) Ninth Five Year Plan
C) Tenth Five Year Plan	D) Eleventh Five Year Plan

Answer & Explanation Answer: B) Ninth Five Year Plan

Explanation:

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Q:

What is the minimum age for getting elected to the Lok Sabha?

A) 18	B) 21
C) 16	D) 25

Answer & Explanation Answer: D) 25

Explanation:

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Q:

In October 2017, which two ministries jointly launched ‘SAATHI’ (Sustainable and Accelerated Adoption of efficient Textile technologies to help small Industries) initiative?

A) Commerce and Textile Ministries	B) Power and Textile ministries
C) Finance and Textile ministries	D) No option is correct.

Answer & Explanation Answer: B) Power and Textile ministries

Explanation:

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Q:

In the following question, some part of the sentence may have errors. Find out which part of the sentence has an error and select the appropriate option. If a sentence is free from error, select ‘No Error’.

Many of us have striving to produce (1)/ a blend of all cultures that seem (2)/ today to be in clash with one another. (3)/ No error (4)

A) 1	B) 2
C) 3	D) 4

Answer & Explanation Answer: A) 1

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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.

fuddy-duddy

A) An ill mannered person that one accepts willingly because he/she is a very dear friend	B) a person who is very old-fashioned and pompous
C) a shoddy work	D) a very confusing situation

Answer & Explanation Answer: B) a person who is very old-fashioned and pompous

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Q:

Goods and Services Tax likely to be levied in India is not a

A) gross value tax	B) value-added tax
C) consumption tax	D) destination-based tax

Answer & Explanation Answer: A) gross value tax

Explanation:

GST is a destination-based tax, it means end users consuming any goods or services is liable to pay the Goods and Services Tax. The tax is collected by the State in which the goods or services are consumed and not by the state in which goods are manufactured and If there are exports, the seller of the goods or services is exempted from paying the tax. GST is a consumption-based tax, it means the state where the goods were consumed will receive GST and where goods were sold should not get any taxes.GST is a value added tax as it is based on the increase in value of a product or service at each stage of production or distribution.GST is not gross value tax.

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Q:

In which of the following market forms, a firm does not exercise control over price?

A) Monopoly	B) Perfect competition
C) Oligopoly	D) Monopolistic competition

Answer & Explanation Answer: B) Perfect competition

Explanation:

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Q:

What is the atomicity of Phosphorous?

A) Di-atomic	B) Poly-atomic
C) Tetra-atomic	D) Mono-atomic

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