Q:

In India which of the following taxes is levied by the State governments?

A) Excise duty on liquor	B) Capital gains tax
C) Customs tax	D) Corporation tax

Answer & Explanation Answer: A) Excise duty on liquor

Explanation:

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Filed Under: Indian Politics
Exam Prep: Bank Exams

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Q:

The economic survey of India is prepared by

A) Department of economic affairs	B) Central statistical office (CSO)
C) National sample survey organization(NSSO)	D) Office of Economic Advisor

Answer & Explanation Answer: A) Department of economic affairs

Explanation:

The Department of Economic Affairs, Finance Ministry of India presents the Economic Surveyin the parliament every year, just before the Union Budget. It is prepared under the guidance of theChief Economic Adviser, Finance Ministry. It is the ministry's view on the annual economic development of the country.

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Filed Under: General Awareness

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Q:

At which rate, Reserve Bank of India borrows money from commercial banks?

A) Bank Rate	B) Repo Rate
C) Reverse Repo Rate	D) Statutory Liquidity Rate

Answer & Explanation Answer: C) Reverse Repo Rate

Explanation:

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Q:

What is the name of the most ancient spiral galaxy that existed 11 billion years ago?

A) A1689 B01	B) A1689 B10
C) A1689 B20	D) A1689 B11

Answer & Explanation Answer: D) A1689 B11

Explanation:

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Filed Under: General Science

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Q:

Which Indian PSU has launched the country's first 100 Octane petrol?

A) HPCL	B) IOC
C) ONGC	D) GAIL

Answer & Explanation Answer: B) IOC

Explanation:

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Q:

Which one among the following stars is nearest to the earth?

A) Sirius	B) Arcturus
C) Spica	D) Proxima Centauri

Answer & Explanation Answer: D) Proxima Centauri

Explanation:

Proxima Centauri is the nearest star, and on August 24, 2016 astronomers announced it likely has a planet. This star is the nearest of a triple star system, which we on Earth see with the eye alone as the single star Alpha Centauri, visible from Earth's Southern Hemisphere

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Filed Under: General Science
Exam Prep: Bank Exams

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Q:

Speakers can establish credibility by

A) using professionally designed visual aids	B) describing their qualifications
C) previewing their main points	D) getting the audience involved

Answer & Explanation Answer: B) describing their qualifications

Explanation:

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Q:

In Indian Parliamentary System, Gram Panchayat is elected for how many years?

A) Two years	B) Three years
C) Four years	D) Five years

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