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:

‘Capital gains’ refers to goods which

A) serve as a source of raising further capital	B) help in the further production of goods
C) directly go into the satisfaction of human wants	D) find multiple uses

Answer & Explanation Answer: B) help in the further production of goods

Explanation:

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

Earnings per share are calculated by dividing

A) (net income less preferred stock dividends) by average common shares outstanding.	B) gross profit by average common shares outstanding.
C) net sales by average common shares outstanding.	D) net income by average common shares outstanding.

Answer & Explanation Answer: A) (net income less preferred stock dividends) by average common shares outstanding.

Explanation:

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

Which of the following organ does NOT belong to human excretory system?

A) Kidneys	B) Ureters
C) Uterus	D) Urethra

Answer & Explanation Answer: C) Uterus

Explanation:

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Filed Under: Biology
Exam Prep: Bank Exams

2 605

Q:

In the following questions, one part of the sentence may have an error. Find out which part of the sentence has an error and click the buttoncorresponding to it. If the sentence is free from error, click the "No error" option.

There was a (A)/ comparison between (B)/ you and he (C)/ no error (D)

A) A	B) B
C) C	D) D

Answer & Explanation Answer: C) C

Explanation:

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Filed Under: English
Exam Prep: Bank Exams

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Q:

Name the former world silver medallist representing Manipur who claimed gold in the 48 kg category at the 2018 Natic Women's Boxing Championships in Rohtak.

A) Sravanthi Naidu	B) Sarjubala Devi
C) Shobha Pandit	D) Mithali Raj

Answer & Explanation Answer: B) Sarjubala Devi

Explanation:

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Filed Under: Honours and Awards
Exam Prep: Bank Exams

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Q:

When is International day for Preservation of Ozone layer observed?

A) September 16	B) July 4
C) January 23	D) May 1

Answer & Explanation Answer: A) September 16

Explanation:

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Filed Under: Important Days and Years
Exam Prep: Bank Exams

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Q:

Which one of the following cities, is included in the first list of 20 proposed smart cities under the 'Smart Cities Mission' released by the Union Government in January 2016?

A) Guwahati	B) Mumbai
C) Vadodara	D) Kolkata

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