Questions

Q:

Which  one  of  the  following  statements  is correct in relation to the GST Bill passed by the Rajya Sabha in August 2016?

A) It  will  replace  all  central  taxes,  duties, etc, only by a single tax. B) It will subsume central as well as State taxes, duties, etc.
C) GST  will  be  levied  on  alcoholic liquor for  human  consumption  at  a  uniform rate of 25 percent. D) Petroleum   and   petroleum   products shall  not  be  subject  to  the  levy  of GST.
 
Answer & Explanation Answer: B) It will subsume central as well as State taxes, duties, etc.

Explanation:

Goods and Services Tax (GST)  will replace  all  central  as well as  state taxes  by  a  single  tax.  GST  will subsume  various  Central  indirect taxes,  including  the  Central  excise duty,Countervailing  duty,  Service tax,  etc.  It  also  subsumes  State Value Added Tax(VAT), Octroi and entry    tax,    Luxury    tax,    etc. Petroleum  products  like  kerosene, naphtha  and  LPG  will  be  under GST,  while  five  items,  including crude oil, natural gas, aviation fuel, diesel    and    petrol    have    been excluded.    Alcohol    for    human consumption will be out of GS

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Filed Under: Indian Politics
Exam Prep: Bank Exams

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Q:

Growth in production (in percent) of which one of the following core industries in India during the period 2015-2016 was negative?

 

A) Natural gas B) Refinery products
C) Fertilizer D) Coal
 
Answer & Explanation Answer: A) Natural gas

Explanation:

Coal production (weight: 4.38 %) increased by 12.0 % in June 2016 over June 2015. Its cumulative index during April to June 2016-17 increased by 5.4% over corresponding period of previous year.Natural Gas

The Natural Gas production(weight: 1.71 %) decreased by 4.5 % in June 2016 over June 2015. Its cumulative index during April to June 2016-17 declined by 6.1 % over the corresponding period of previous year.Refinery Products (93% of Crude Throughput)

Petroleum Refinery production(weight: 5.94%) increased by 3.5 % in June 2016 over June 2015. Its cumulative index during April to June 2016-17 increased by 7.1 % over the corresponding period of previous year.Fertilizers

Fertilizer production(weight: 1.25%)increased by 9.8 % in June 2016 over June 2015. Its cumulative index during April to June 2016-17 increased by 11.0 % over the corresponding period of previous year.

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Filed Under: General Science
Exam Prep: Bank Exams

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Q:

When a Proclamation of Emergency is in operation,the right to move a Court for the enforcement of all Fundamental Rights remains suspended, except

A) Article 20 and Article 21 B) Article 21 and Article 22
C) Article 19 and Article 20 D) Article 15 and Article 16
 
Answer & Explanation Answer: A) Article 20 and Article 21

Explanation:

The right to protection in respect of conviction for offences (Article 20) and the right to life and personal liberty (Article 21) remain enforceable even during emergency.

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Filed Under: Indian Politics
Exam Prep: Bank Exams

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Q:

In the following question, out of the four alternatives, select the alternative which is the best substitute of the phrase.

 

Study of snakes

 

A) Philology B) Phrenology
C) Ophilogy D) Upology
 
Answer & Explanation Answer: C) Ophilogy

Explanation:
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Filed Under: English
Exam Prep: Bank Exams

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Q:

In the following question the 1st and the last part of the sentence/passage are numbered 1 and 6. The rest of the sentence/ passage is split into four parts and named P, Q, R and S. These four parts are not given in their proper order. Read the sentence/passage and find out which of the four combinations is correct.

 

1. Some animals like fishes lay eggs and leave them.
P. The mother does not care for the eggs at all.
Q. They lay thousands of eggs at a time but do not look after them.
R. Most of the eggs die and only a few of them develop into fishes.
S. She simply leaves the eggs and never comes back to them.
6. Is this not something terrible? Yet, it is a fact.

A) QPSR B) PSQR
C) RQPS D) QSPR
 
Answer & Explanation Answer: A) QPSR

Explanation:
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Filed Under: English
Exam Prep: Bank Exams

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Q:

In the following question, the sentence given with blank to be filled in with an appropriate word. Select the correct alternative out of the four and indicate it by selecting the appropriate option.

He is not a native speaker yet he has a good __________ over German.

A) authority B) hold
C) command D) expertise
 
Answer & Explanation Answer: C) command

Explanation:
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Filed Under: English
Exam Prep: Bank Exams

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Q:

In the following question, out of the four alternatives, choose the word which best expresses the meaning of the given word and click the button corresponding to it.

DECIMATED

A) CAPTURED B) DESTROYED
C) DAMAGED D) WORRIED
 
Answer & Explanation Answer: B) DESTROYED

Explanation:
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Filed Under: English
Exam Prep: Bank Exams

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Q:

Improve the bracketed part of the sentence.
She is (the best and wisest) girl in the class.

A) best and wisest B) a best and a wisest
C) the best and the wisest D) No improvement
 
Answer & Explanation Answer: C) the best and the wisest

Explanation:
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Filed Under: Famous Personalities
Exam Prep: Bank Exams

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