General Knowledge Questions

Q:

Several Budget proposals, including the reintroduction of the tax on long-term capital gains (LTCG) exceeding __ from the sale of shares, will kick in from 01st April 2018, the beginning of the 2018-19 financial year.

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

Explanation:

Several Budget proposals, including the reintroduction of the tax on long-term capital gains (LTCG) exceeding 1 lakh from the sale of shares, will kick in from 01st April 2018, the beginning of the 2018-19 financial year. 

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Q:

People who are called wasps have ancestors from which country?

A) America B) England
C) Spain D) Persia
 
Answer & Explanation Answer: B) England

Explanation:

WASP's means White Anglo Saxon Protestants are the people who live in a society in America whose ancestors came from northern Europe, especially England.

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Q:

How many times Atal Bihari Vajpayee was a Member of Parliament?

A) 8 B) 10
C) 12 D) 14
 
Answer & Explanation Answer: C) 12

Explanation:

Atal Bihari Vajpayee was a Member of Parliament for 12 times i.e, 10 times for lok sabha and 2 times for rajya sabha.

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Q:

Coagulation during water treatment is designed to remove

A) Sand and gravel B) Bad smells
C) Pathogenic microorganisms D) Particles suspended in water
 
Answer & Explanation Answer: D) Particles suspended in water

Explanation:

Coagulation is a chemical process that involves neutralization of charge. Coagulation during water treatment is designed to remove particles suspended in water.

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Q:

What is the major source of dietary sulfur?

A) Proteins B) Carbohydrates
C) Mineral salts D) All of the above
 
Answer & Explanation Answer: A) Proteins

Explanation:

 Protein cantaining foods are the major source of dietary sulfur. Foods like eggs are rich in sulfur content.

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Q:

Is boiling water a chemical change?

Answer

No. Boiling water is not a chemical change. Because in this process it doesn't loss its properties. It just changes its state i.e, from liquid state to gaseous.


 


Hence, Boiling water is a Physiacl change and not a chemical change.

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Q:

As per the decision of the GST Council, e-Way Bill system has been rolled out from

A) 1st March 2018 B) 1st April 2018
C) 1st May 2018 D) 1st January 2018
 
Answer & Explanation Answer: B) 1st April 2018

Explanation:

As per the decision of the GST Council, e-Way Bill system has been rolled out from 1st of April this year (2018).

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Q:

Which is the first payment bank in India?

A) Fino Payments Bank B) Airtel Payments Bank
C) Aditya Birla Payments Bank D) Paytm Payments Bank
 
Answer & Explanation Answer: B) Airtel Payments Bank

Explanation:

Airtel Payments Bank is the first payment bank in India. A payments bank is a new category of banks conceptualized by the Reserve Bank of India, which operates at a smaller scale than an actual bank and doesn't involve any credit risk. It can carry out most banking operations but can't advance loans or issue credit cards.

 


The RBI as of date has given licences to 11 payments bank of which six are currently operational. These include

  1. Aditya Birla Payments Bank,
  2. Airtel Payments Bank,
  3. India Post Payments Bank,
  4. Fino Payments Bank,
  5. Jio Payments Bank (and)
  6. Paytm Payments Bank.
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