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Q:

Consider the given statement and decide which of the following argument (s) is/are strong.

 

Statement : Should CBDT abolish income tax in India?

 

Argument 1: Yes, it is an unnecessary burden on the wage earners in India.

 

Argument 2: No, it is a good source of revenue for Indian Government.

 

A) Only argument 1 is strong B) Both arguments 1 and 2 are strong
C) Neither argument 1 nor 2 is strong D) Only argument 2 is strong
 
Answer & Explanation Answer: D) Only argument 2 is strong

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Filed Under: Statement and Arguments
Exam Prep: Bank Exams

Q:

Released in 2016, which of the following is the first Malayalam movie to cross the 100-crore revenue mark?

A) Drishyam B) Oru Vadakkan Selfie
C) Pulimurugan D) Premam
 
Answer & Explanation Answer: C) Pulimurugan

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Filed Under: Honours and Awards
Exam Prep: Bank Exams

Q:

Which of the following land revenue arrangement is called 'Todarmal System'?

A) Zabti System B) Galla Bakshi System
C) Kankut System D) Nasaq System
 
Answer & Explanation Answer: A) Zabti System

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Filed Under: Indian History
Exam Prep: Bank Exams

Q:

The average revenues of 7 consecutive years of a company is Rs 83 lakhs. If the average of first 4 years is Rs 78 lakhs and that of last 4 years is Rs 90 lakhs, find the revenue for the 4th year.

A) Rs 91 lakhs B) Rs 93 lakhs
C) Rs 89 lakhs D) Rs 87 lakhs
 
Answer & Explanation Answer: A) Rs 91 lakhs

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Filed Under: Average
Exam Prep: Bank Exams

Q:

The average revenues of 9 consecutive years of a company is Rs 65 lakhs. If the average of first 5 years is Rs 60 lakhs and that of last 5 years is Rs 72 lakhs, find the revenue for the 5th year.

A) Rs 77 lakhs B) Rs 75 lakhs
C) Rs 73 lakhs D) Rs 71 lakhs
 
Answer & Explanation Answer: B) Rs 75 lakhs

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Filed Under: Average
Exam Prep: Bank Exams

Q:

Calculate the economic profit for a firm if its total revenues are Rs 180 crores, explicit costs are Rs 95 crores, and implicit costs are Rs 25 crores.

A) Rs 110 crores B) Rs 300 crores
C) Rs 60 crores D) Rs 250 crores
 
Answer & Explanation Answer: C) Rs 60 crores

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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
Exam Prep: Bank Exams

Q:

Refer the below data and answer the following question.

What was the revenue of the company if its Expenditure was Rs. 400 crore in the year when its % profit was the least?

A) 210 B) 220
C) 230 D) 200
 
Answer & Explanation Answer: A) 210

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Filed Under: Table Charts
Exam Prep: Bank Exams