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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Filed Under: Indian Economy
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Q:

India was able to achieve the fiscal deficit target for the Financial Year 2016-17. It was how much percent of GDP?

A) 3.50% B) 4.20%
C) 3.00% D) 2.50%
 
Answer & Explanation Answer: A) 3.50%

Explanation:
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Q:

Which part of the brain plays an important role in motor control?

A) Cerebellum B) Cerebrum
C) Medulla D) Pons
 
Answer & Explanation Answer: A) Cerebellum

Explanation:
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Filed Under: Biology
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Q:

Which answer figure will complete the pattern?

A) X B) W
C) V D) U
 
Answer & Explanation Answer: D) U

Explanation:
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Q:

Which of the following is a tsunami warning sign?

A) Stormy weather B) Hailstorm
C) Water falling back quickly from the beach D) Pets acting strangely
 
Answer & Explanation Answer: C) Water falling back quickly from the beach

Explanation:
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Filed Under: General Science
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Q:

The Colosseum, known as the Flavian Amphitheatre, is located in __.

A) Venice B) Rome
C) Milan D) Vatican City
 
Answer & Explanation Answer: B) Rome

Explanation:
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Filed Under: General Awareness
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Q:

The following table gives the details of the number of students in class 10 section A and B who had taken mid-term and final exam. The % of students in section A is ____ (round to one decimal).

A) 51.3 B) 51.1
C) 51.2 D) 51
 
Answer & Explanation Answer: B) 51.1

Explanation:
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Q:

To which dynasty did the famous patron of literature king Bhoja belong?

A) Chalukya B) Chola
C) Paramara D) Pala
 
Answer & Explanation Answer: C) Paramara

Explanation:
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Filed Under: Indian History
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