Questions

Q:

Corporation Tax is imposed by

A) Central Government B) State Government
C) Local Government D) None
 
Answer & Explanation Answer: A) Central Government

Explanation:

Corporation tax is a tax imposed on the net income of the company. Companies, both private and public which are registered in India under the Companies Act 1956, are liable to pay corporate tax.

Taxes in India are levied by the Central Government and the state governments. Some minor taxes are also levied by the local authorities such as the Municipality. The authority to levy a tax is derived from the Constitution of India which allocates the power to levy various taxes between the Central and the State.

 

Hence, Corporate Tax is imposed by Central Government.

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Filed Under: General Awareness
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Q:

Government launches NEW INDIA initiative with which company ?

A) IBM B) BSNL
C) GOOGLE D) Microsoft
 
Answer & Explanation Answer: C) GOOGLE

Explanation:

In keeping with Prime Minister Narendra Modi's vision of a 'New India', Google India and the Ministry of Electronics and Information Technology (MEITY) announced a set of initiatives aimed at empowering citizens and creating abundant oppurtunities for all.

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Q:

Solely means

A) exclude B) include
C) only D) rival
 
Answer & Explanation Answer: C) only

Explanation:

Solely means only, simply or merely.

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Filed Under: English
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Q:

Which of the following metal is generally used for making filaments of bulb?

A) W B) Ag
C) Fe D) Rh
 
Answer & Explanation Answer: A) W

Explanation:

W is the symbol for chemical element Tungsten or Wolfram.

It is used in making filaments of bulbs.

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Filed Under: Chemistry
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Q:

Nitrogen Fixation is carried out primarily by

A) Plants B) Humans
C) Consumers D) Bacteria
 
Answer & Explanation Answer: D) Bacteria

Explanation:

The process by which bacteria convert nitrogen gas (N2) into ammonia (NH3) is called Nitrogen Fixation.

 

The conversion of nitrogen from one form to another in the nitrogen cycle is carried out primarily by Nitrogen Fixing Bacteria such as Azotobacter.

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Filed Under: Biology
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Q:

In which year was the first solid state integrated circuit demonstrated?

A) 1970s B) 1960s
C) 1950s D) 1980s
 
Answer & Explanation Answer: C) 1950s

Explanation:
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Filed Under: Inventions

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Q:

Which must be true for metamorphism to occur?

A) The parent rock must be in solid form. B) Tons of pressure must be applied.
C) The process must take place underground. D) All the above
 
Answer & Explanation Answer: D) All the above

Explanation:

Metamorphism is the change of minerals or geologic texture in pre-existing rocks, without the protolith melting into liquid magma. The change occurs primarily due to heat, pressure, and the introduction of chemically active fluids.

 

The parent rock must be in solid form. Tons of pressure must be applied for metamorphism to happen. The process must take place underground.

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Filed Under: Physics
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Q:

Which sector of Indian Economy has shown remarkable expansion during the last decade

A) Primary sector B) Secondary sector
C) Terrrtiary sector D) Mining sector
 
Answer & Explanation Answer: C) Terrrtiary sector

Explanation:
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