Questions

Q:

From which of the following are the Fundamental duties adopted?

A) French Constitution B) Indian Constitution
C) Spanish Constitution D) USSR Constitution
 
Answer & Explanation Answer: D) USSR Constitution

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Filed Under: Indian Politics
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Q:

There are usually three Parliamentary sessions in India, viz, the Budget session, the Monsoon session and _______.

 

A) the Autumn session   B) the Summer session  
C) the Winter session   D) None of these  
 
Answer & Explanation Answer: C) the Winter session  

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Filed Under: Indian Politics
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Q:

Assumption island is located in which country?

A) Seychelles B) Maldives
C) Mauritius D) Sri Lanka
 
Answer & Explanation Answer: A) Seychelles

Explanation:

Assumption Island is located in Seychelles. Assumption Island is a small island situated southwest of Seychelles main and largest island of Mahe. It is situated very close to the Mozambique Channel from where much Indian Ocean maritime routes pass. Its location lends its strategic importance for monitoring shipping in the Mozambique Channel.

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Filed Under: General Awareness
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Q:

Which of the following is done at a Stock Exchange ?

A) Commodities are bought and sold at wholesale price B) Commodities are bought and sold at retail price
C) Securities are bought and sold D) None of these
 
Answer & Explanation Answer: C) Securities are bought and sold

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Filed Under: Indian Economy
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Q:

Under GST regime, in ‘Composition Scheme’, taxpayers have to fill returns ______.

A) Monthly B) Half-yearly
C) Quarterly D) Bi-Monthly
 
Answer & Explanation Answer: C) Quarterly

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Filed Under: Indian Economy
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Q:

Which river does not form a delta?

A) Ganga B) Brahmputra
C) Godavari D) Tapi
 
Answer & Explanation Answer: D) Tapi

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Filed Under: Indian Geography
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Q:

What situation would result if Government expenditure exceeds the Government revenue on Current Account?

A) Deficit budgeting B) Zero­based budgeting
C) Performance­based budgeting D) Surplus budgeting
 
Answer & Explanation Answer: A) Deficit budgeting

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Q:

If a person's income increases from Rs. 10 lakhs per year to Rs. 11 lakhs per year and tax increases from Rs. 80,000 to Rs. 92,500 the marginal tax rate is

A) 12.50% B) 8%
C) 10% D) 15%
 
Answer & Explanation Answer: A) 12.50%

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Filed Under: Indian Economy
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