Q:

What will you call a system of taxation under which the poorer sections are taxed at higher rates than the richer sections?

A) Progressive tax	B) Proportional tax
C) Regressive tax	D) Degressive tax

Answer & Explanation Answer: C) Regressive tax

Explanation:

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

Which tax causes a burden on the poorer section of the society?

A) Direct Tax	B) Indirect Tax
C) Both Direct and Indirect Tax	D) None of these

Answer & Explanation Answer: B) Indirect Tax

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

Which of the following telecommunication will acquire the business of Telenor India for an undisclosed sum in all seven circles?

A) BSNL	B) Tata Docomo
C) Bharti Airtel	D) MTS India

Answer & Explanation Answer: C) Bharti Airtel

Explanation:

Bharti Airtel will acquire the business of Telenor India for an undisclosed sum in all seven circles Andhra Pradesh, Bihar, Maharashtra, Gujarat, UP (East), UP (West) and Assam.
Note: Telenor India (formerly known as Uninor) was an Indian mobile network operator based in Gurgaon, Haryana, India. The company is a wholly owned subsidiary of Telenor Group, a telecommunication company headquartered in Oslo, Norway.

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Filed Under: General Awareness
Exam Prep: Bank Exams

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Q:

Which of the following fuels causes minimum environmental pollution?

A) Diesel	B) Kerosene
C) Hydrogen	D) Coal

Answer & Explanation Answer: C) Hydrogen

Explanation:

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Filed Under: General Science

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Q:

What is the effective resistance (in Ω) of two resistors 12 Ω and 24 Ω connected in parallel?

A) 36	B) 8
C) 16	D) 72

Answer & Explanation Answer: B) 8

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Filed Under: Physics
Exam Prep: Bank Exams

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Q:

_____________ is the number of deaths in the population during a given period.

A) Natality	B) Mortality
C) Immigration	D) Emigration

Answer & Explanation Answer: B) Mortality

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Filed Under: General Science
Exam Prep: Bank Exams

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Q:

Which is the coldest planet?

A) Uranus	B) Venus
C) Neptune	D) Jupiter

Answer & Explanation Answer: C) Neptune

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Filed Under: General Science
Exam Prep: Bank Exams

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Q:

As of August 2018, what is the portfolio held by the current Union Minister Ravi Shankar Prasad?

A) Human Resource Development	B) Petroleum
C) Law and Telecommunications	D) Coal

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