Q:

One of the most famous speeches in U>S> Presidential history is 'The Gettysburg Address'. Name the US President who gave this epochal speech.

A) Abraham Lincoln	B) Theodore Roosevelt
C) John F. Kennedy	D) George Washington

Answer & Explanation Answer: A) Abraham Lincoln

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Filed Under: Famous Personalities
Exam Prep: Bank Exams

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Q:

'Akash' developed by DRDO is

A) A surface-to-air missile system	B) A surface-to-surface missile system
C) A air-to-surface missile system	D) Not a missile system

Answer & Explanation Answer: A) A surface-to-air missile system

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Filed Under: General Science
Exam Prep: Bank Exams

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Q:

In July 2017, the Central Government has set the investment limit per fiscal year for ‘Hindu Undivided Family’ to ______ kg under ‘Sovereign Gold Bonds Scheme’.

A) 2	B) 10
C) 4	D) 15

Answer & Explanation Answer: C) 4

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Filed Under: General Awareness
Exam Prep: Bank Exams

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Q:

In which generation of computer was the mechanical language for programming used?

A) First	B) Second
C) Third	D) Fourth

Answer & Explanation Answer: A) First

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Filed Under: Computer
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Q:

What is the resistance (in Ω) of an electrical component if a current of 0.4 A passes through it on application of 12 V of potential difference across it?

A) 4.8	B) 60
C) 9.6	D) 30

Answer & Explanation Answer: D) 30

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Filed Under: Physics
Exam Prep: Bank Exams

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Q:

On 10 April 2017, Lok Sabha passed Constitution (123rd Amendment) Bill, 2017. The Bill seeks to insert a new article 342-A which empowers whom to notify the list of socials educationally backward classes of that state/union territory?

A) Prime Minister	B) President
C) Vice President	D) Finance Minister

Answer & Explanation Answer: B) President

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Filed Under: Indian Politics
Exam Prep: Bank Exams

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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
Exam Prep: Bank Exams

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Q:

An increase of 1% per annum in the rate of growth of the money supply will increase inflation in the long run by _______.

A) Zero percent	B) One percent
C) 0.5 percent	D) More than one percent

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