Q:

Which one of the following canons of taxation was not advocated by Adam Smith?

A) Canon of equity	B) Canon of certainty
C) Canon of convenience	D) Canon of fiscal adequacy

Answer & Explanation Answer: D) Canon of fiscal adequacy

Explanation:

Adam Smith propounded the following first four canons of taxation -(1)Canon of Equity. (2) Canon of Certainty: (3) Canon of Convenience or Ease (4) Canon of Economy.

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Exam Prep: Bank Exams

0 63595

Q:

Improve the bracketed part of the sentence.

The teacher did not ask (any questions to Rinky).

A) any questions of Rinky	B) to Rinky any questions
C) Rinky any questions	D) no improvement

Answer & Explanation Answer: C) Rinky any questions

Explanation:

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0 63587

Q:

Which of the following statementsregarding the Constituent Assembly of India is/are correct?

1.The Assembly was elected indirectly by the members of the Provincial Legislative Assemblies.

2.The elections were held on the basis of Universal Adult Franchise.

3.The scheme of election was laid down by the Cabinet delegation.

4.The distribution of seats was done on the basis of the Mountbatten plan.

Select the correct answer using the code given below.

A) 1 only	B) 1 and 3 only
C) 1, 2 and 3 only	D) 1, 2, 3 and 4

Answer & Explanation Answer: D) 1, 2, 3 and 4

Explanation:

In India, the Universal Adult Franchise was introduced only in the post-independence period during the first general elections to the Lok Sabha and the State Assemblies.

Under the Cabinet Mission Plan of 1946, elections were held for the first time for the Constituent Assembly.

Constituent Assembly members were elected indirectly by members of the newly elected provincial assemblies, and initially included representatives for those provinces that formed part of Pakistan (some of which are now in Bangladesh).

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0 63577

Q:

Select the synonym of:

to entrain

A) to alight	B) to debark
C) to mount	D) to disembark

Answer & Explanation Answer: C) to mount

Explanation:

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0 63570

Q:

Which Indian bank has signed pact with Indian Oil Corporation under its ‘e-Dealer’ scheme?

A) Yes Bank	B) Axis Bank
C) Punjab National Bank	D) HDFC Bank

Answer & Explanation Answer: C) Punjab National Bank

Explanation:

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2 63562

Q:

Select the antonym of

conception

A) clue	B) cognition
C) fact	D) notion

Answer & Explanation Answer: C) fact

Explanation:

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0 63504

Q:

Rearrange the parts of the sentence in correct order

Truth was

P-to lead to a breach of peace as a false one
Q-no defence since
R-a true defamatory statement was as likely

A) QPR	B) RQP
C) PQR	D) PRQ

Answer & Explanation Answer: A) QPR

Explanation:

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0 63458

Q:

What is the official language of Nepal?

A) Bhojpuri	B) Tharu
C) Hindi	D) Nepali

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