Questions

Q:

Estate Duty was introducded in ________

Answer

Estate Duty which was introduced in 1953, was withdrawn from March 1, 1985.

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Q:

What are the four main functions of a computer?

A) Data, information, bits and bytes B) Hardware, software, modeling and operations
C) Input, processing, output and storage D) Learning, thinking, intelligence and virtuosity
 
Answer & Explanation Answer: C) Input, processing, output and storage

Explanation:

The four main functions of a computer are ::

 

1. Input,

2. Processing,

3. Output and

4. Storage

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Filed Under: Computer
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Q:

Which Indian social theorist had argued that the idea of a homogenized the 'cultural arrogance of post-enlightenment Europe'?

 

A) Ashis Nandy B) Partha Chatterjee
C) T.K.Oommen D) Rajni Kothari
 
Answer & Explanation Answer: A) Ashis Nandy

Explanation:

Ashis Nandy traced the roots of colonialism's mandate to absolutize the relative differences between cultures to the cultural arrogance of Enlightenment Europe.

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Filed Under: General Awareness
Exam Prep: Bank Exams

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Q:

Name the body that has recently announced a plan to promote micro-enterprises in 115 aspirational districts across the country after tying up with Common Service Centre (CSC).

A) SEBI B) RBI
C) SIDBI D) IRDAI
 
Answer & Explanation Answer: C) SIDBI

Explanation:

Small Industries and Development Bank of India (SIDBI) announced a plan to promote micro-enterprises in 115 aspirational districts across the country. It has tied up with Common Service Centre (CSC).

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Q:

What is the difference between JOURNAL ENTRY & LEDGER?

Answer

A journal is also called as a book of prime entry.Transactions occurred are first entered in this book to show which accounts should be debited and which should be credited.


on the basis of entries made in the journal, accounts are prepared, the book which contains the accounts is called a ledger. Transactions entered in the journal are classified according to their nature and posted in their respective accounts in ledger. it is also called as book of final entry.

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Subject: Finance

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Q:

The Budget proposals also seek to provide relief to salaried tax payers by allowing a standard deduction of what amount in place of the present exemption allowed for transport allowance and reimbursement of miscellaneous medical expenses?

A) Rs. 20,000 B) Rs. 40,000
C) Rs. 50,000 D) Rs. 80,000
 
Answer & Explanation Answer: B) Rs. 40,000

Explanation:

The standard deduction of Rs. 40,000 is seek to provide relief to salaried tax payers in the Budget proposals in place of the present exemption allowed for transport allowance and reimbursement of miscellaneous medical expenses.

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Filed Under: Indian Economy
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Q:

Which airport becomes as International Airport recently in 2017 ?

A) Chennai B) Kolkata
C) Vijayawada D) Patna
 
Answer & Explanation Answer: C) Vijayawada

Explanation:
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Q:

What does 'M' stand for in chemistry?

Answer

'M' is used as a unit of molarity and stands for mole per litre i.e, number of moles of solute per liter of solution.

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Subject: Chemistry Exam Prep: AIEEE , Bank Exams , GATE
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