Questions

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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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

Which answer figure will complete the pattern in the question figure?

A) 1 B) 2
C) 3 D) 4
 
Answer & Explanation Answer: B) 2

Explanation:
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Q:

A series is given, with one term missing. Choose the correct alternative from the given ones that will complete the series.

ajs , gpy , ? , sbk , yhq

A) dmv B) mve
C) oua D) qzi
 
Answer & Explanation Answer: B) mve

Explanation:
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Q:

Who is the famous Indian actress who stars in the 'Quantico' TV series on American Broadcasting Corporation?

A) Alia Bhatt B) Deepika Padukone
C) Priyanka Chopra D) Malaika Arora
 
Answer & Explanation Answer: C) Priyanka Chopra

Explanation:
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Filed Under: Famous Personalities
Exam Prep: Bank Exams

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Q:

As of February 2018, who owns the Delhi-based IPL team "Delhi Daredevils"?

A) Shilpa Shetty B) Virender Sehwag
C) GMR Group D) Shah Rukh Khan
 
Answer & Explanation Answer: C) GMR Group

Explanation:
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Filed Under: Sports
Exam Prep: Bank Exams

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Q:

Find the odd word/letters/number pair from the given alternatives.

A) (85, 136) B) (34, 85)
C) (102, 153) D) (63, 162)
 
Answer & Explanation Answer: D) (63, 162)

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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Filed Under: Indian Politics
Exam Prep: Bank Exams

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Q:

A unit of power is called a

A) Joule B) Pascal
C) Newton D) Watt
 
Answer & Explanation Answer: B) Pascal

Explanation:
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Filed Under: Physics
Exam Prep: AIEEE , Bank Exams

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