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Q:

As per the announcement by the government in August 2017, Banks importing gold and precious metals will have to pay ______ tax under the GST.

 

A) 5%   B) 10%  
C) 3%   D) 8%
 
Answer & Explanation Answer: C) 3%  

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Filed Under: Indian Economy
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Q:

Which is the oldest High Court in India?

A) Bombay High Court B) Madras High Court
C) Allahabad High Court D) Calcutta High Court
 
Answer & Explanation Answer: D) Calcutta High Court

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Filed Under: General Awareness
Exam Prep: Bank Exams

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Q:

The instrument used to examine a person's digestive tract is called ___.

A) Oscilloscope B) Microscope
C) Endoscope D) Radiograph
 
Answer & Explanation Answer: C) Endoscope

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Filed Under: Biology
Exam Prep: AIEEE , Bank Exams

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Q:

In the following question, a sentence has been given in Direct/Indirect speech. Out of the four alternatives suggested, select the one which best express the same sentence in Indirect/Direct speech.

 

He asks which chair he is to sit on.

A) He said,"Which chair am I to sit on?" B) He asked,"Which chair he is to sit on?"
C) "Which chair am I to sit on?" asks he. D) He said,"Which chair should I sit on?"
 
Answer & Explanation Answer: C) "Which chair am I to sit on?" asks he.

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Filed Under: English
Exam Prep: Bank Exams

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Q:

In the following question, a sentence has been given in Direct/Indirect speech. Out of the four alternatives suggested, select the one which best express the same sentence in Indirect/Direct speech.

The policeman said, "I saw a knife here."

A) The policeman exclaimed that he had seen a knife here. B) The policeman said that he had seen a knife there.
C) The policeman said he had seen a knife here. D) The policeman told he had seen a knife there.
 
Answer & Explanation Answer: B) The policeman said that he had seen a knife there.

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Filed Under: English
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Q:

Read the passage carefully and select the best answer to each question out of the given four alternatives.

 

India’s title triumph in the Under-19 cricket World Cup at the Bay Oval in New Zealand seemed inevitable. Prithvi Shaw’s boys, astutely coached by Rahul Dravid, maintained an unbeaten record through their three-week sojourn. The rousing campaign commenced with a 100-run win against Australia on January 14; in subsequent games, Papua New Guinea, Zimbabwe, Bangladesh and Pakistan were all emphatically defeated. There were no big-game nerves and even in the much- hyped semifinal against Pakistan, India pocketed a facile 203-run victory. In the summit clash against Australia, Shaw’s boys followed their template of dominance.

Australia was bowled out for 216 and India cruised home in 38.5 overs with eight wickets to spare, and enjoyed the added lustre of opener Manjot Kalra’s unbeaten 101. Through the tournament India found diverse heroes. Fittingly, its batting troika of Shaw, Kalra and Shubman Gill, along with seamer Kamlesh Nagarkoti and spinner Anukul Roy, found a berth in the International Cricket Council’s Under-19 World Cup team, essentially a tribute to the best players on view in the championship. Cricketing excellence allied with the resultant celebrity status, especially during the teenage years, can be a double-edged sword and it helped that in the dressing room there was the calming presence of Dravid. As the ecstatic players leapt and photo-bombed after clinching the trophy, Dravid cut through the hype and said that this win should not be the team’s defining memory as each individual cricketer has much more to achieve in his career. Dravid has a point. India has won the Under-19 World Cup on four occasions, including the previous golden runs in 2000, 2008 and 2012. From among these champion sides, only a few graduated to the big stage. Yuvraj Singh and Virat Kohli came through the under-19 ranks and managed to carve a niche for themselves, but Unmukt Chand, who led the team to the Cup in 2012, and then featured in a soft drink advertisement besides writing a book, has been unable to make it to the Indian senior team.

 

What does Rahul Dravid mean by saying that U-19 Cricket World Cup victory of India should not be the “team’s defining memory”?

A) He meant to say that it is just a start of career of each cricketer in the team and they should focus one achieving more. B) He wants them to rest as the tournament was very stressful for them.
C) He wants Indian children to pay more focus on cricket as their career choice. D) None of these
 
Answer & Explanation Answer: A) He meant to say that it is just a start of career of each cricketer in the team and they should focus one achieving more.

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Q:

The question below consists of a set of labelled sentences. These sentences, when properly sequenced form a coherent paragraph. Select the most logical order of sentences from among the options.

 

P: Then the liberalisation process became inevitable.
Q: It encourages initiative, entrepreneurship and competition which is very vital for growth of the economy.
R: In due course of time our institutions became stagnant, corrupt and inefficient due to permit raj and centralized control.
S: Liberalisation enhances economic activities.

 

A) PQSR B) RPSQ
C) QPRS D) RSQP
 
Answer & Explanation Answer: B) RPSQ

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Q:

Read the passage carefully and select the best answer to each question out of the given four alternatives.

 

The conclusion of World Trade Organization’s 11th biennial ministerial conference at Buenos Aires was worrisome. From an Indian standpoint, there was no loss as status quo continues in the most important issue: the right to continue the food security programme by using support prices. But the inability of the negotiators to reach even one substantive outcome suggests that WTO’s efficacy is under question. As a 164-country multilateral organisation dedicated to crafting rules of trade through consensus, WTO represents the optimal bet for developing countries such as India. Strengthening WTO is in India’s best interest.

 

Perhaps the biggest threat to WTO’s efficacy today is the attitude of the US. The world’s largest economy appears to have lost faith in the organisation and has begun to undermine one of its most successful segments, the dispute redressal mechanism. This is significant as the US has been directly involved in nearly half of all cases brought to WTO. Separately, large groups of countries decided to pursue negotiations on e-commerce, investment facilitation and removal of trade obstacles for medium and small scale industries. By itself this should not weaken WTO. But it comes at a time when there is growing frustration with gridlock at WTO.

 

India did well to defend its position on its food security programme. The envisaged reform package which will see a greater use of direct cash transfers to beneficiaries will be in sync with what developed countries do. But it’s important for India to enhance its efforts to reinvigorate WTO. In this context, India’s plan to organise a meeting of some countries early next year is a step in the right direction. WTO represents the best available platform to accommodate interests of a diverse set of nations. Therefore, India should be at the forefront of moves to fortify it.

 

According to the passage, which of the following statement is NOT true?

 

A) 11th WTO conference was held at Nairobi B) India’s take on food security programme in the WTO conference was positive
C) US is termed as the world’s largest economy D) US is involved directly in half of the cases brought to WTO
 
Answer & Explanation Answer: A) 11th WTO conference was held at Nairobi

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