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:

Parliament conducts __________ sessions each year.

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

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

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Q:

Securities and Exchange Board of India is a

A) Quasi Judicial body B) Regulatory Body
C) Advisory Body D) Consititutional Body
 
Answer & Explanation Answer: B) Regulatory Body

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

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Q:

What is the process of waste water treatment is commonly known?

A) Waste water management B) Cleaning of water
C) Sewage treatment D) Decontamination
 
Answer & Explanation Answer: C) Sewage treatment

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

2 1101
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.

 

Nations work to expand justice in the society and provide infrastructure to ___________ commerce.

 

A) pass B) contribute
C) popularize D) promote
 
Answer & Explanation Answer: D) promote

Explanation:
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Filed Under: English
Exam Prep: Bank Exams

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Q:

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

My aunt wears _________ outfits to ensure she is noticed everywhere she goes.

 

A) vivid B) spirited
C) active D) strong
 
Answer & Explanation Answer: A) vivid

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.

People may see, and hear, and feel all their lives without ____________ learning the nature of things they see. But reason is the mind's eye, and enables us to see why things are, and when and how events may be made to happen ___________ not to happen. The logician endeavours to ____________ exactly what this reason is which makes the power of men. We all, as I have said, must reason well or ill, but logic is the science of reasoning and enables us to distinguish ______________ the good reasoning which leads to truth, and the bad reasoning which every day betrays people into error _________ misfortune.

 

made to happen ___________ not to happen. 

 

A) or B) but
C) so D) at
 
Answer & Explanation Answer: A) or

Explanation:
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Filed Under: English
Exam Prep: Bank Exams

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Q:

If a+1a=1, then the value of a2-a+1a2+a+1 is a0

A) 1 B) -1
C) 0 D) 2
 
Answer & Explanation Answer: C) 0

Explanation:
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