Q:

Which of the following is not true regard to Goods and Services Tax (GST) ?

A) It will replace luxury tax	B) It is a direct tax
C) It will replace multiple taxes on a product or service	D) It is an indirect tax

Answer & Explanation Answer: B) It is a direct tax

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Filed Under: Indian Economy
Exam Prep: Bank Exams

0 1387

Q:

Open Market Operations refer to __________

A) Borrowings by Scheduled banks from RBI	B) Lending by Commercial banks to industry
C) Purchase and sale of Government securities by RBI	D) Deposit mobilisation

Answer & Explanation Answer: C) Purchase and sale of Government securities by RBI

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Filed Under: Indian Economy

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Q:

When there is only one buyer and one seller of product, it is called _____ situation.

A) Public monopoly	B) Bilateral monopoly
C) Franchised monopoly	D) Monopsony

Answer & Explanation Answer: B) Bilateral monopoly

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

Warming Ammonium chloride with sodium hydrochloride in a test tube is an example of

A) Open system	B) Closed system
C) Isobaric system	D) Isothermal system

Answer & Explanation Answer: A) Open system

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Filed Under: Chemistry
Exam Prep: Bank Exams

1 1387

Q:

Which among the following is NOT an event during the photosynthesis process?

A) Absorption of light energy by chlorophyll	B) Conversion of light energy to chemical energy
C) Splitting of water molecules into hydrogen and oxygen	D) Oxidation of carbon dioxide to carbohydrates

Answer & Explanation Answer: D) Oxidation of carbon dioxide to carbohydrates

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Filed Under: Biology
Exam Prep: Bank Exams

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Q:

In the following question, the sentence given with blank to be filled in with an appropriate word. Select the correct alternative out of the four and indicate it by selecting the appropriate option.
Since my father was an _____________ from India, he brought his Indian culture and traditions to the United States with him.

A) emigrant	B) immigrant
C) native	D) citizen

Answer & Explanation Answer: B) immigrant

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Filed Under: English
Exam Prep: Bank Exams

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Q:

Which of the following won the Best Feature Film Award at the 64th National Film Awards held in the year 2017?

A) Rustom	B) Kaasav
C) Dangal	D) Airlift

Answer & Explanation Answer: B) Kaasav

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Filed Under: Honours and Awards
Exam Prep: Bank Exams

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Q:

Who is the winner of 2017 Formula One Bahrain Grand Prix?

A) Sebastian Vettel	B) Lewis Hamilton
C) Valtteri Bottas	D) Kimi Raikkonen

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