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:

Economics assumes that

A) people have unlimited desires but limited resources B) people have limited desires but unlimited resources
C) allocation of resources if not centrally planned will cause inefficiency D) people are emotional and make irrational decisions
 
Answer & Explanation Answer: A) people have unlimited desires but limited resources

Explanation:
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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

The question below consists of a set of labelled sentences. These sentences, when properly sequenced form a coherent paragraph. Select the most logical order of sentences from among the options.

 

P: One’s language fluency is determined by the quality of reading.
Q: In all cultures and civilizations, much stress is laid on reading but, in the modern times, this activity is being ignored.
R: Reading is an essential basic skills building activity.
S: Besides, vocabulary enrichment, ideas collection, familiarization with different types of writing formats, speaking fluency, etc, all depend upon reading.

A) RSPQ B) QRPS
C) PQRS D) RPSQ
 
Answer & Explanation Answer: D) RPSQ

Explanation:
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Filed Under: English
Exam Prep: Bank Exams

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Q:

In the following passage, some of the words have been left out. Read the passage carefully and select the correct answer for the given blank out of the four alternatives.


The scene will now shift to obtaining __________________ instruments of ratification to bring the agreement into force _________________ 2020, the first year of its________________ implementation. The agreement will enter into force with the ratification of ______________ 55 countries, whose aggregate greenhouse gas (GHG) emissions ________________ at least 55 per cent of global emissions.


The agreement will enter into force with the ratification of ______________ 55 countries

A) partially B) at least
C) slightly D) somewhat
 
Answer & Explanation Answer: B) at least

Explanation:
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Filed Under: English
Exam Prep: Bank Exams

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Q:

Who among the following has been awarded by the UNHCR Nansen Refugee Award-2017 for his crucial mediating role and efforts to help children effected by the insurgency in his country?

 

A) Zannah Mustapha   B) Francois Gabart  
C) Sarah Mullally   D) Cyril Ramaphosa  
 
Answer & Explanation Answer: A) Zannah Mustapha  

Explanation:
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Filed Under: Honours and Awards
Exam Prep: Bank Exams

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Q:

In the following question, out of the four alternatives, select the alternative which will improve the bracketed part of the sentence. In case no improvement is needed, select "no improvement".

 

We protested that we (was going) all the way to Haridwar.

 

A) is going   B) were going  
C) were went   D) no improvement
 
Answer & Explanation Answer: B) were going  

Explanation:
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Filed Under: English
Exam Prep: Bank Exams , GRE , TOEFL

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Q:

A sentence has been given in Direct/Indirect Speech. Out of the four given alternatives, select the one which best expresses the same sentence in Indirect/Direct Speech.

 

Bunty says, “I may not come for the practice today.”

 

A) Bunty says that he may not come for the practice today.   B) Bunty says that he might not come for practice today.  
C) Bunty said that he might not come for the practice that day. D) Bunty told me he won’t come to the practice.
 
Answer & Explanation Answer: A) Bunty says that he may not come for the practice today.  

Explanation:
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Filed Under: English
Exam Prep: Bank Exams , GRE , TOEFL

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Q:

In the following question, a sentence has been given in Direct/Indirect speech. Out of the four alternatives suggested, select the one, which best express the same sentence in Indirect/Direct speech.

 

The emperor was impressed with the singer and asked, ‘What can I do for you?'

 

A) The emperor impressed with the singer and asked that what he could do for him. B) The emperor was impressed with the singer and asked what he could do for him.
C) The emperor impressed with the singer asked what could be done for him. D) The emperor was impressed with the singer and asked what could be done for him.
 
Answer & Explanation Answer: B) The emperor was impressed with the singer and asked what he could do for him.

Explanation:
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Filed Under: English
Exam Prep: Bank Exams

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