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Q:

Which country has released its next-generation 'Xian' H-20 stealth bomber?

A) China B) USA
C) India D) Japan
 
Answer & Explanation Answer: A) China

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

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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:

Which of the following gases makes bread or cake rise making them soft and spongy?

A) CO B) CO2
C) H2 D) O2
 
Answer & Explanation Answer: B) CO2

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

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Q:

Which of the following is a correct pair according to increasing atomic number from left to right?

A) He, H B) Na, Ne
C) Be, B D) Ca, Cl
 
Answer & Explanation Answer: C) Be, B

Explanation:
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Filed Under: Chemistry
Exam Prep: Bank Exams

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Q:

Which of the following is not an assumption of perfect competition?

A) There are many buyers and sellers B) Average total costs continually decrease.
C) The good sold by all sellers in the market is assumed to be homogeneous. D) Buyers and sellers in the market are assumed to have perfect information.
 
Answer & Explanation Answer: B) Average total costs continually decrease.

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

A sentence has been given in Active/Passive Voice. Out of the four given alternatives, select the one which best expresses the same sentence in Passive/Active Voice.

 

The Chinese company manufactured those robots.

 

A) Those robots were manufactured by the Chinese company.   B) Those robots was manufacture by the Chinese company.
C) These robots were manufactured by the Chinese company. D) The robots was manufactured by the Chinese company.,
 
Answer & Explanation Answer: A) Those robots were manufactured by the Chinese company.  

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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 expresses the same sentence in Indirect/Direct speech.

 

The old man said to me, "Life has taught me some hard lessons."

 

A) The old man tells me that life has taught him some hard lessons. B) The old man told me this that life has had taught him some hard lessons.
C) The old man tells me that life is teaching him some hard lessons. D) The old man told me that life had taught him some hard lessons.
 
Answer & Explanation Answer: D) The old man told me that life had taught him some hard lessons.

Explanation:
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Filed Under: English
Exam Prep: Bank Exams

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Q:

The principles of internal control include

A) Maintain Records B) Segregate of Duties
C) Mandatory Employee Rotation D) All the above
 
Answer & Explanation Answer: D) All the above

Explanation:

The principles of internal control are the concepts management uses to establish the ways to protect company assets.


The main internal control principles include:

  • Establish Responsibilities
  • Maintain Records
  • Insure Assets by Bonding Key Employees
  • Segregate of Duties
  • Mandatory Employee Rotation
  • Split Related Party Responsibility
  • Use Technological Controls
  • Perform Regular Independent Reviews

 

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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