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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:

If the diameter of a circle is 35 cm, then what will be its circumference (in cm)?

A) 110 B) 220
C) 21 D) 42
 
Answer & Explanation Answer: A) 110

Explanation:
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Filed Under: Volume and Surface Area
Exam Prep: Bank Exams

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Q:

The short run marginal cost curve is ____ shaped.

A) U B) V
C) X D) W
 
Answer & Explanation Answer: A) U

Explanation:
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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

South Asian University (SAU), a joint SARC University of SAARC Nations, has been established in___________.

A) New Delhi   B) Male
C) Colombo D) Dhaka
 
Answer & Explanation Answer: A) New Delhi  

Explanation:
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Filed Under: World Geography
Exam Prep: Bank Exams

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Q:

If a mirror is placed on the line MN, then which is the right image of the given figure?

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

Explanation:
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Filed Under: Image Analysis
Exam Prep: Bank Exams

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Q:

In the following question, four groups of three numbers are given. In each group the second and third number are related to the first number by a Logic/Rule/Relation. Three are similar on basis of same Logic/Rule/Relation. Select the odd one out from the given alternatives.

A) (11, 13, 15) B) (16, 18, 20)
C) (13, 15, 18) D) (22, 24, 26)
 
Answer & Explanation Answer: C) (13, 15, 18)

Explanation:
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Filed Under: Odd Man Out
Exam Prep: Bank Exams

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Q:

The world famous painting 'The Last Judgment' was created by which of the following painters?

A) Leonardo da Vinci B) Michelangelo
C) Raphael Raphael राफे ल 4 ) Van Gogh वॉन गाग Downloaded from www.qmaths.in Visit http://mocks.qmaths.in for best mocks of SSC, Bank and Railways Exams. www.qmaths.in     D) Van Gogh
 
Answer & Explanation Answer: B) Michelangelo

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

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Q:

At 8% simple interest per annum a sum of money becomes Rs. 300 in 2.5 years. What was the sum invested?

A) Rs. 275 B) Rs. 250
C) Rs. 240 D) Rs. 260
 
Answer & Explanation Answer: B) Rs. 250

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Filed Under: Simple Interest
Exam Prep: Bank Exams

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