Bank Exams Questions

Q:

In India all of the following are sources for government revenue, except?

A) Agricultural income tax B) Anti dumping duty
C) Perquisite tax D) Toll tax
 
Answer & Explanation Answer: A) Agricultural income tax

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Filed Under: Indian Economy
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Q:

In the following question, some part of the sentence may have errors. Find out which part of the sentence has an error and select the appropriate option. If a sentence is free from error, select 'No Error'.
He put the birds softly, (1)/ one by one, interior their (2)/ warm little home. (3)/No Error (4)

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

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Filed Under: English
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Q:

The pie chart shows the breakup of expenditure of a mining company for the year 2017. Study the diagram and answer the following questions.

Expenditure on Labour and Research constitute what percent of total expenditure?

A) 10% B) 12%
C) 7.5% D) 8.33%
 
Answer & Explanation Answer: D) 8.33%

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Filed Under: Pie Charts
Exam Prep: Bank Exams

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Q:

A series is given with one term missing. Select the correct alternative from the given ones that will complete the series.
122, 197, 290, ?

A) 399 B) 400
C) 401 D) 402
 
Answer & Explanation Answer: C) 401

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Filed Under: Alphabet Test
Exam Prep: Bank Exams

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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
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Q:

The value of 14 ÷ 5 of 2 - 3 x 47 - 2 is

A) 44 B) 40
C) 1/10 D) 14/19
 
Answer & Explanation Answer: B) 40

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Filed Under: Simplification
Exam Prep: Bank Exams

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Q:

 In the question two statements are given, followed by two conclusions, I and II. You have to consider the statements to be true even if it seems to be atvariance from commonly known facts. You have to decide which of the given conclusions, if any, follows from the given statements.

 

Statement I: All hats are caps

Statement II: All headgears are hats

 

Conclusion I: No caps are headgears

Conclusion II: No headgears are caps

 

A) Only conclusion I follows B) Only conclusion II follows
C) Both conclusions I and II follow D) Neither conclusion I nor conclusion II follows  
 
Answer & Explanation Answer: D) Neither conclusion I nor conclusion II follows  

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Filed Under: Statement and Conclusions
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Q:

In January 2018, who has been awarded the 9th Infosys award for engineering and computer science?

A) Sanghamitra Bondopadhyaya B) Ananya J. Kabir
C) Upinder Singh Bhalla D) Ritabrata Munsi
 
Answer & Explanation Answer: A) Sanghamitra Bondopadhyaya

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Filed Under: Honours and Awards
Exam Prep: Bank Exams

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