General Knowledge Questions

Q:

Granite is an example of

A) Metamorphic rock B) Sedimentary rock
C) Igneous rock D) Artificial stone
 
Answer & Explanation Answer: C) Igneous rock

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Filed Under: General Science
Exam Prep: Bank Exams

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Q:

The account receivable turnover measures

A) How often, on average receivables are received and collected during the period B) How long it takes to sell accounts receivable to a factor
C) The relation of cash sales to credit sales D) How long it takes to sell merchandise inventory
 
Answer & Explanation Answer: A) How often, on average receivables are received and collected during the period

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Filed Under: Indian Economy
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:

In which coast was the World's largest Marine Protected Area (MPA) created in October 2016?

A) Ireland B) Italy
C) Antarctica D) Scotland
 
Answer & Explanation Answer: C) Antarctica

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Filed Under: World Geography

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Q:

In the following question, four words are given out of which one word is correctly spelt. Select the correctly spelt word.

 

A) intellijent B) intelligent
C) inteligent D) intelijent
 
Answer & Explanation Answer: B) intelligent

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Filed Under: English
Exam Prep: Bank Exams

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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'.

 

The truth is that when people seeing you zoned into your work and (1)/ in harmony with yourself, (2)/ they come to distract you. (3)/ No error (4)

 

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

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Filed Under: English
Exam Prep: Bank Exams , GRE , TOEFL

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Q:

In July 2017, the Central Government has set the investment limit per fiscal year for ‘Hindu Undivided Family’ to ______ kg under ‘Sovereign Gold Bonds Scheme’.

A) 2 B) 10
C) 4 D) 15
 
Answer & Explanation Answer: C) 4

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Filed Under: General Awareness
Exam Prep: Bank Exams

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Q:

If price of an article decreases from Rs 80 to Rs 60, quantity demanded increases from 600 units to 750 units. Find point elasticity of demand?

A) -1 B) 1
C) -1.25 D) 1.25
 
Answer & Explanation Answer: A) -1

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Filed Under: Indian Economy
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