Questions

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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Q:

Increase in the demand for a good will cause the equilibrium price of the good to ________ and the equilibrium quantity to _________.

A) increase; increase B) decrease; decrease
C) increase; decrease D) decrease; increase
 
Answer & Explanation Answer: A) increase; increase

Explanation:
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Q:

In the following passage, some of the words have been left out. Read the passage carefully and select the correct answer for the given blank out of the four alternatives.

 

The new civilisation of Righteousness and __________, and therefore of Brotherhood, of ordered Liberty, of Peace, of __________, cannot be built up until the elements are removed ______________ have brought the old civilisation crashing about our ears. _________________ is it necessary that the War shall be fought out to its appointed end, and that _______________ premature peace shall leave its object unattained.

 

crashing about our ears. _________________ is it necessary

 

A) If B) Because
C) Why D) Therefore
 
Answer & Explanation Answer: D) Therefore

Explanation:
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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.

 

Her trekking was met ______ obstacles.

 

A) with B) from
C) by D) of
 
Answer & Explanation Answer: A) with

Explanation:
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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'.

 

When we respect (1)/ everyone’s spiritual identity, (2)/ we promote peace and happiness to all. (3)/ No error (4)

 

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

Explanation:
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Q:

Select the related word/letters/numbers from the given alternatives: 6 : 42 :: 12 : ?

A) 48 B) 72
C) 60 D) 84
 
Answer & Explanation Answer: D) 84

Explanation:
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Q:

A series is given, with one term missing. Choose the correct alternative from the given ones that will complete the series.

DF, GJ, KM, NQ, RT, ?

A) EI B) UX
C) UV D) XY
 
Answer & Explanation Answer: B) UX

Explanation:
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Q:

Who established Mahabalipuram?

A) Pandya B) Pallava
C) Chalukya D) Chola
 
Answer & Explanation Answer: B) Pallava

Explanation:

Mahabalipuram was established by Pallava king Narasimhavarman I.

 

 

Narasimha_Varman_I_-_mahabalipuram_was_established_by1600689466.jpg image

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