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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
Exam Prep: Bank Exams
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Q:

SEBI decided to give an exemption to some companies from the requirement of the minimum 25 per cent public shareholding. Companies exempted from such requirement should fulfil which of the following norms?

A. They should have market capitalisation of Rs.1,000 crore

B. They should have 20 million shares listed

C. They should have a turnover of Rs.400 crore per annum

A) Only A B) Only B
C) Only C D) Both A & B
 
Answer & Explanation Answer: D) Both A & B

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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:

As per new revised rules now Foreign Direct Investment in insurance sector is possible upto the limit of ______

A) 26% B) 40%
C) 49% D) 70%
 
Answer & Explanation Answer: C) 49%

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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:

The Asia-Pacific Economic Cooperation meeting was organised in September 2007 in which of the following places?

A) Sydney B) New York
C) Tokyo D) Beijing
 
Answer & Explanation Answer: A) Sydney

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Q:

The fall of the Czar in Russia is known as _______

A) March Revolution B) October Revolution
C) February Revolution D) None of these
 
Answer & Explanation Answer: C) February Revolution

Explanation:

The fall of the Czar is known as February Revolution because, according to the old Russian calender, it occured on 27 February 1917.

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Filed Under: World History

Q:

USA suggested a policy, according to which all countries would have equal rights to trade anywhere in China,was known as_______

A) open Door Policy B) Me Too Policy
C) Both (a) and (b) D) Universal Policy
 
Answer & Explanation Answer: C) Both (a) and (b)

Explanation:

After the defeat of china by Japan in a war over Korea in 1894,France, Russia, Britain and Germany gave loan to china to help it to the payment of 150 million dollors demanded by japan. These western countries the divided china into spheres of influence, which meant that each country had certain regions of china reserved exclusively for its purposes.

          The united states feared that china would be completely parcelled out in exclusive 'spheres of influence' and that its trade with china would be shut off. The USA, therefore, suggested the policy known as the "Open Door". This policy is also described as "Mee too Policy".

          The division of China into "spheres of influence' has often been described as the "cutting of the Chinese melon".

 

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Filed Under: World History