Q:

Which tax causes a burden on the poorer section of the society?

A) Direct Tax	B) Indirect Tax
C) Both Direct and Indirect Tax	D) None of these

Answer & Explanation Answer: B) Indirect Tax

Explanation:

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Filed Under: Indian Economy
Exam Prep: Bank Exams

0 1263

Q:

Ad Valorem tax is levied on?

A) Value	B) Volume
C) Production	D) Export

Answer & Explanation Answer: A) Value

Explanation:

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Filed Under: Indian Economy
Exam Prep: Bank Exams

0 1263

Q:

If a country devalues its currency, its _______________

A) Exports become cheaper and imports become costlier	B) Exports become costlier and imports become cheaper.
C) Exports value is equivalent to imports value	D) No effect on exports and imports

Answer & Explanation Answer: A) Exports become cheaper and imports become costlier

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Filed Under: Indian Economy
Exam Prep: Bank Exams

0 1262

Q:

By volume, 78% of air is _______________

A) nitrogen	B) oxygen
C) hydrogen	D) helium

Answer & Explanation Answer: A) nitrogen

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Filed Under: Chemistry
Exam Prep: Bank Exams

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Q:

The famous Sanchi Stupa was commissioned by

A) Bindusara	B) Ashoka
C) Chandragupta Maurya	D) Kanishka

Answer & Explanation Answer: B) Ashoka

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Filed Under: Indian History
Exam Prep: Bank Exams

2 1262

Q:

Which of the following ministry has Launched Mobile Application “ Jan Dhan Darshak” as A Part of Financial Inclusion?

A) Finance Ministry	B) Ministry of Consumer Affairs, Food and Public Distribution
C) Ministry of Human Resource Development	D) Ministry of Parliamentary Affairs

Answer & Explanation Answer: A) Finance Ministry

Explanation:

Finance Ministry Launches Mobile Application “Jan Dhan Darshak” as A Part of Financial Inclusion. Department of Financial Services (DFS), Ministry of Finance and National Informatics Centre (NIC) has jointly developed a mobile app called Jan Dhan Darshak as a part of financial inclusion (FI) initiative.

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Filed Under: Indian Politics
Exam Prep: Bank Exams , CAT

1 1262

Q:

Transperancy International (TI) has put India at rank ___ out of 168 countries in its Competition Perception Index as on January 2016.

A) 68	B) 76
C) 84	D) 101

Answer & Explanation Answer: B) 76

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Filed Under: General Awareness
Exam Prep: Bank Exams

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Q:

What is the minimum age for getting elected to the Lok Sabha?

A) 18	B) 21
C) 16	D) 25

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