Q:

MODVAT is related to

A) Sales Tax	B) Income Tax
C) Wealth Tax	D) Excise Tax

Answer & Explanation Answer: D) Excise Tax

Explanation:

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Filed Under: Indian Economy

46 13569

Q:

The base year for computation of National Income in India is

A) 1990 - 91	B) 1993 - 94
C) 1999 - 2000	D) 2000 - 01

Answer & Explanation Answer: B) 1993 - 94

Explanation:

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Filed Under: Indian Economy

21 13567

Q:

The Presidential Government operates on the principle of

A) Division of powers between centre and state	B) Centralisation of Powers
C) Balance of powers	D) Separartion of powers

Answer & Explanation Answer: D) Separartion of powers

Explanation:

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Filed Under: Indian Politics

27 13561

Q:

A market situation when firms sell similar but not identical products is termed as

A) perfect competition	B) imperfect competition
C) monopolistic competition	D) oligopoly

Answer & Explanation Answer: C) monopolistic competition

Explanation:

Monopolistic competition is a type of imperfect competition such that many producers sell products that are differentiated from one another (e.g. by branding or quality) and hence are not perfect substitutes.

In other words, large sellers selling the products that are similar, but not identical and compete with each other on other factors besides price.

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Filed Under: Indian Economy
Exam Prep: Bank Exams

0 13560

Q:

Which substance is produced when alcohol is added with petrol and used as a fuel?

A) Only oxygen	B) Only carbon-dioxide
C) Only water	D) Carbon-dioxide and water both

Answer & Explanation Answer: B) Only carbon-dioxide

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Filed Under: Chemistry
Exam Prep: Bank Exams

3 13553

Q:

Which of the following is based on the principle of nuclear fusion?

A) Atomic bomb	B) Hydrogen bomb
C) Both Atomic and Hydrogen bomb	D) No option is correct

Answer & Explanation Answer: B) Hydrogen bomb

Explanation:

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Filed Under: Physics
Exam Prep: Bank Exams , CAT

1 13550

Q:

Improve the bracketed part of the sentence.

The purpose of speaking is to communicate, (I chose words that are the best) for the idea I want to convey.

A) I am choosing words that were the best	B) I did choose words that are the best
C) I choose words that are the best	D) No improvement

Answer & Explanation Answer: C) I choose words that are the best

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Filed Under: English
Exam Prep: Bank Exams

0 13548

Q:

Defect Management Process does not include

A) Deliverable base-lining	B) Management reporting
C) Defect prevention	D) None of above

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