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Q:

Several Budget proposals, including the reintroduction of the tax on long-term capital gains (LTCG) exceeding __ from the sale of shares, will kick in from 01st April 2018, the beginning of the 2018-19 financial year.

A) 1 lakh B) 2 lakhs
C) 3 lakhs D) 4 lakhs
 
Answer & Explanation Answer: A) 1 lakh

Explanation:

Several Budget proposals, including the reintroduction of the tax on long-term capital gains (LTCG) exceeding 1 lakh from the sale of shares, will kick in from 01st April 2018, the beginning of the 2018-19 financial year. 

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Filed Under: General Awareness
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Q:

What has a ring but no finger?

Answer

A Telephone or an Alarm...

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Subject: Logic Puzzles Exam Prep: AIEEE , Bank Exams , CAT , GATE , GRE
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Q:

The capacity of a water heater is measured in

A) Gallons B) Liters
C) Meters D) Both A & B
 
Answer & Explanation Answer: D) Both A & B

Explanation:

The capacity of a water heater is measured in Gallons or Liters. In the USA, it is measured in Gallons and in India, we measure it in Liters.

Hence, if the capacity of the water heater is 15 gallons or 15 liters, then it says that it can hold 15 gallons or 15 liters of water.

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Filed Under: Physics
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Q:

A merchant buys two items for Rs. 7500. One item he sells at a profit of 16% and the other item at 14% loss. In the deal, the merchant makes neither any profit nor any loss. What is the difference between the selling price of both the items?

A) Rs. 620 B) Rs. 654
C) Rs. 725 D) Rs. 747
 
Answer & Explanation Answer: A) Rs. 620

Explanation:

Let the C.P of one item is Rs. P
and that of other is Rs. (7500 - P)

According to the data given
C.P = S.P
=> Px(116/100) + (7500-P)x(86/100) = 7500
=> 30P = 105000
=> P = 3500

Required difference between selling prices
= Rs. [(3500/100) x 116] - [(4000/100) x 86]
= 4060-3440
= Rs. 620

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Filed Under: Profit and Loss
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Q:

When was World Meterological Organisation estabilished?

A) 1950 B) 1952
C) 1956 D) 1949
 
Answer & Explanation Answer: A) 1950

Explanation:
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Filed Under: World Organisations

Q:

The average age of Vishal and Raghavendra is 24 years. If a new person Veerender is also included, the average age is increased by 1.5 years. What is the age of Veerender?

A) 28.5 yrs B) 29.5 yrs
C) 30.5 yrs D) 27 yrs
 
Answer & Explanation Answer: A) 28.5 yrs

Explanation:

According to the given data,

(V + R)/2 = 24

Now, after joining of Veerender,

V + R + D)/3 = 25.5

Hence, Veerender Age = 3(25.5) - 2(24) = 76.5 - 48 = 28.5 years.

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Filed Under: Problems on Ages
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Q:

Do plant cells have Mitochondria?

A) No B) Yes
C) May be D) Can't be determined
 
Answer & Explanation Answer: B) Yes

Explanation:

While plant cells have chloroplasts to photosynthesize, they also require ATP for cellular functions, and do use oxygen to break down some of the sugar they produce in order to generate that ATP. Cellular respiration takes place in the mitochondria. They need mitochondria for this reason.
Hence with this logic, we can say that Plants cells have mitochondria.

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Filed Under: Biology
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Q:

Which of the following contributed to the failure of prohibition?

A) it was not imposed strictly on immigrants B) many americans didnt consider drinking to be a crime
C) it adversely affected american productivity D) organized crime controlled illegal alcohol production
 
Answer & Explanation Answer: D) organized crime controlled illegal alcohol production

Explanation:

Crime connected with illegal alcohol production and sale became a major issue so that even many people who had originally supported Prohibition decided that it needed to be repealed.

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Filed Under: World History
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