Questions

Q:

Goods  and  Services  Tax  likely  to  be  levied in India is not a

A) gross value tax B) value-added tax
C) consumption tax D) destination-based tax
 
Answer & Explanation Answer: A) gross value tax

Explanation:

GST  is  a  destination-based  tax,  it means   end   users   consuming   any goods or services is liable to pay the Goods  and  Services  Tax.  The  tax  is collected  by  the  State  in  which  the goods or services are consumed and not  by  the  state  in  which  goods  are manufactured    and    If    there    are exports,  the  seller  of  the  goods  or services  is  exempted  from  paying the tax. GST is a consumption-based tax,  it  means  the  state  where  the goods  were  consumed  will  receive GST   and   where   goods   were   sold should  not  get  any  taxes.GST  is  a value added tax as it is based on the increase  in  value  of  a  product  or service  at  each  stage  of  production or   distribution.GST   is   not   gross value tax.

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

The hardest natural substance is

A) Graphite B) Diamond
C) Iron D) Copper
 
Answer & Explanation Answer: B) Diamond

Explanation:
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Filed Under: Chemistry
Exam Prep: AIEEE , Bank Exams

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Q:

Which of the following elements was the last element in Newland's Law of Octaves?

A) Thorium B) Hydrogen
C) Rubidium D) Bromine
 
Answer & Explanation Answer: A) Thorium

Explanation:
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Filed Under: Chemistry
Exam Prep: Bank Exams

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Q:

Which of the following metals does NOT react with cold or hot water?

A) Aluminium B) Potassium
C) Sodium D) Calcium
 
Answer & Explanation Answer: A) Aluminium

Explanation:
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Filed Under: Chemistry
Exam Prep: Bank Exams

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Q:

In the following question, some part of the sentence may have errors. Find out which part of the sentence has an error and select the appropriate option. If a sentence is free from error, select 'No Error'.
If it would (1)/ rain, they will (2)/not come. (3)/ No Error (4)

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

Explanation:
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Filed Under: English
Exam Prep: Bank Exams

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Q:

Who is the author of the book titled 'Citizen and Society'?

A) Pranab Mukherjee B) Hamid Ansari
C) Nandan Nilekani D) Satyajit Ray
 
Answer & Explanation Answer: B) Hamid Ansari

Explanation:
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Filed Under: Books and Authors
Exam Prep: AIEEE , Bank Exams , CAT

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Q:

Ring of Fire is found commonly in_________

A) Pacific Ocean B) Atlantic Ocean
C) Indian Ocean D) Arctic Ocean
 
Answer & Explanation Answer: A) Pacific Ocean

Explanation:
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Filed Under: World Geography
Exam Prep: Bank Exams

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Q:

The planet Mars is also known as the ____.

A) Morning star B) Evening star
C) Red planet D) Blue planet
 
Answer & Explanation Answer: C) Red planet

Explanation:
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Filed Under: General Science
Exam Prep: Bank Exams

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