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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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Filed Under: Indian Politics
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Q:

Which one of the following statements is correct?

A) The oxidation number for hydrogen is always zero. B) The oxidation number for hydrogen is always + 1.
C) The oxidation number for hydrogen is always -1. D) Hydrogen can have more than one oxidation number.
 
Answer & Explanation Answer: D) Hydrogen can have more than one oxidation number.

Explanation:

Hydrogen has two possible oxidation numbers: +1 and -1.

-1 in case of hydrides.

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Filed Under: Chemistry
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Q:

In which of the following solution the concentration of H+ ion is the maximum?

A) pH 6 B) pH 8
C) pH 5 D) pH 9
 
Answer & Explanation Answer: C) pH 5

Explanation:
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Q:

Kalakkad-Mundanthurai Tiger Reserve is in which state?

A) Tamil Nadu B) Chhattisgarh
C) Arunachal Pradesh D) Uttarakhand
 
Answer & Explanation Answer: A) Tamil Nadu

Explanation:
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Filed Under: Indian Geography
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Q:

In each of the questions, four alternatives are given for the Idiom/Phrase. Choose the alternative which best expresses the meaning of the Idiom/Phrase and click the button corresponding to it.

Fair - weather friend

A) Honest only when easy and convenient B) Truthful only when easy and convenient
C) Supports only when easy and convenient D) Temporary only when easy and convenient
 
Answer & Explanation Answer: C) Supports only when easy and convenient

Explanation:
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Filed Under: English
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Q:

Analgesics ________.

A) relieve acidity B) relieve pain
C) relieve itching D) relieve bloating
 
Answer & Explanation Answer: B) relieve pain

Explanation:
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Filed Under: Biology
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Q:

The yellow colour of human urine is due to

A) Bile Salts B) Cholesterol
C) Lymph D) Urochrome
 
Answer & Explanation Answer: D) Urochrome

Explanation:
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Filed Under: Biology
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Q:

Macroeconomics can best be described as the

A) analysis of how a consumer tries to spend income. B) analysis of how firms attempt to maximize their profits.
C) study of how supply and demand determine prices in individual markets. D) study of the large aggregates of the economy or the economy as a whole.
 
Answer & Explanation Answer: D) study of the large aggregates of the economy or the economy as a whole.

Explanation:
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Filed Under: Indian Economy
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