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Q:

Naresh Goyal who was honoured with "Man of the year Award" is closely associated with which of the following businesses?

A) Banking B) Textile Industry
C) Aviation D) Film Production
 
Answer & Explanation Answer: C) Aviation

Explanation:
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Filed Under: General Awareness
Exam Prep: Bank Exams
Job Role: Bank PO

Q:

Which of the following is NOT a source of tax revenue collected by the Govt of India?

A) Custom Duty B) Excise Duty
C) Income Tax D) Dividends & Profits
 
Answer & Explanation Answer: D) Dividends & Profits

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Filed Under: General Awareness
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Q:

As per the recommendations of the 12th Finance Commission, what will be the Share of the State Govts in total shareable proceeds of Central taxes?

A) 15% B) 20.5%
C) 22% D) 30.5%
 
Answer & Explanation Answer: D) 30.5%

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Q:

Govt of India recently decided to import wheat at a lower rate of Custom duty. The effective rate of the duty would be

A) 15% B) 12%
C) 10% D) 5%
 
Answer & Explanation Answer: D) 5%

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Q:

The Government of India in order to provide some relief to the exporters announced a relief package of Rs.______

A) 325 Crores B) 250Crores
C) 400Crores D) 500 Crores
 
Answer & Explanation Answer: A) 325 Crores

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Q:

Who among the following economists gave the concept of "economies of scale". Which says "many goods and  services can be produced more cheaply in long series"?

A) Edward C.Prescott B) Amartya Sen
C) Gray S.Becker D) Paul Krugman
 
Answer & Explanation Answer: D) Paul Krugman

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Filed Under: Verbal Reasoning - Mental Ability
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Q:

In a Class of 65 students and 4 teachers, each student got sweets that are 20% of the total number of students and each teacher got sweets that are 40% of the total number of students. How many sweets were there?

A) 845 B) 897
C) 949 D) 104
 
Answer & Explanation Answer: C) 949

Explanation:

No. of  sweets each student get = 20% of 65 = 13

No. of sweets each teacher get = 40% of 65 = 26

No. of sweets distributed to 65 students =  13 × 65 = 845

No. of sweets distributed to 4 teachers = 4 × 26 = 104

Therefore, the total no. of sweets there = 845 + 104 = 949.

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Filed Under: Verbal Reasoning - Mental Ability
Exam Prep: Bank Exams
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Q:

The only Communist Government of Europe which had kept itself free from the influence of Soviet Union is ______

A) Czechoslovakia B) Greece
C) Romania D) Yugoslavia
 
Answer & Explanation Answer: D) Yugoslavia

Explanation:

The Communist Government of Yugoslavia had kept itself free from the Soviet Union almost from the beginning . Yugoslavia was one of the founders of the Non-Aligned Movement. It was a fedaration of 6 republics. In four of these republics, the rule of the communist parties came to an end in 1990. By 1992,Yugoslavia broke up into five independent states-the new states of yugoslavia comprising Serbia and Montenegro, Croatia, Macedonia, Slovenia and Bosnia-Herzegovina.

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Filed Under: World History