Questions

Q:

Which of the following taxes is levied by the State Government only?

A) Wealth tax B) Entertainment tax
C) Income tax D) Gift tax
 
Answer & Explanation Answer: B) Entertainment tax

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Filed Under: Indian Economy
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Q:

If price of an article decreases from Rs 80 to Rs 60, quantity demanded increases from 600 units to 750 units. Find point elasticity of demand?

A) -1 B) 1
C) -1.25 D) 1.25
 
Answer & Explanation Answer: A) -1

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Q:

In April 2017, N. K. Singh Committee recommended a fiscal deficit of how much percent of GDP by Financial Year 2022-23?

A) 2.50% B) 3.00%
C) 3.50% D) 4.00%
 
Answer & Explanation Answer: A) 2.50%

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Q:

In January 2018, the Companies (Amendment) Act, 2017 was notified. Few provisions in the amendment Act have important bearing on the working of the______.

A) Insolvency and Bankruptcy Code (IBC), 2016 B) NABARD (amendment) Bill, 2017
C) AMASR (amendment) Bill, 2017 D) No option is correct
 
Answer & Explanation Answer: A) Insolvency and Bankruptcy Code (IBC), 2016

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Filed Under: Indian Politics
Exam Prep: Bank Exams , CAT

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Q:

Who is the current supreme commander of Indian Defense forces?

A) Narendra Modi B) Sumitra Mahajan
C) Pranab Mukherjee D) Lt. Gen Dalbir Singh
 
Answer & Explanation Answer: C) Pranab Mukherjee

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Q:

Transperancy International (TI) has put India at rank ___ out of 168 countries in its Competition Perception Index as on January 2016.

A) 68 B) 76
C) 84 D) 101
 
Answer & Explanation Answer: B) 76

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Filed Under: General Awareness
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Q:

Around how much percent of earth's surface is covered with water?

A) 20-25% B) 40-50%
C) 70-80% D) 55-60%
 
Answer & Explanation Answer: C) 70-80%

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Filed Under: General Science
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Q:

Which Indian author has chronicled the life in the Kumaon hills in the book 'Things to Leave Behind'?

A) Shashi Tharoor B) Anosh Irani
C) Namita Gokhale D) Vikram Seth
 
Answer & Explanation Answer: C) Namita Gokhale

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Filed Under: Books and Authors
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