Questions

Q:

Which   one   of   the   following   is   not   a component  of  Revenue  Receipts  of  the Union Government?

A) Corporate tax receipts B) Dividends and profits
C) Disinvestment receipts D) Interest receipts
 
Answer & Explanation Answer: C) Disinvestment receipts

Explanation:

Revenue    receipts    are    regular source of Government of India, but Disinvestment   receipts   are   not regular    source    of    Income    of Government  and  all  other  given are regular

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Filed Under: Indian Economy
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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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Q:

In the following question, out of the four alternatives, select the alternative which best expresses the meaning of the idiom/phrase.

 

Don't count your chickens before the eggs have hatched

 

A) Counting your wealth repeatedly does not increase it.   B) You should not make plans that depend on something good happening before you know that it has actually happened.  
C) Chicken and egg is an infinite cycle, you can count this cycle endlessly. D) Eggs will not hatch unless you cease the counting process
 
Answer & Explanation Answer: B) You should not make plans that depend on something good happening before you know that it has actually happened.  

Explanation:
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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 byselecting the appropriate option.

I ______ successful, I just know it.

 

A) would be   B) will be  
C) may be   D) can be
 
Answer & Explanation Answer: B) will be  

Explanation:
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Q:

Which of the following is the correct description of the term sex-ratio as used in the context of the census of population?

A) Number of males per 1000 females. B) Number of females per 1000 males.
C) Number of females per 100 males. D) Number of females in a sample of 1000 persons.
 
Answer & Explanation Answer: B) Number of females per 1000 males.

Explanation:
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Q:

Which of the following classifications is based on atomic numbers?

A) Mendeleev's Periodic Table B) Modern Periodic Table
C) Newlands Law of Octaves D) Dobereiner's Law of Triads
 
Answer & Explanation Answer: B) Modern Periodic Table

Explanation:
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Q:

Yerwada Jail is in

A) Mumbai B) Pune
C) Goa D) Nagpur
 
Answer & Explanation Answer: B) Pune

Explanation:
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Q:

Which   one   of   the   following   statements relating  to  protection  against arrest  and detention  of  individuals  under  Article  22  is not correct?

A) No  person  who  is  arrested  shall  be detained   in   custody   without   being informed   of   the   grounds   for   such arrest. B) No  person  shall  be  denied  the  right  to consult,  and  be  defended  by,  a  legal practitioner of his/her choice.
C) Every   person   who   is   arrested   and detained  in  custody  shall  be  produced before  the  nearest  magistrate  within  a period of one week of suc D) The  right  to  protection  against  is  not available to a person in jail pursuant to a judicial order.
 
Answer & Explanation Answer: C) Every   person   who   is   arrested   and detained  in  custody  shall  be  produced before  the  nearest  magistrate  within  a period of one week of suc

Explanation:

Every  person  who  is  arrested  and detained    in    custody    shall    be produced    before    the    nearest magistrate   within   a   period   of twenty-four  hours  of  such  arrest excluding  the  time  necessary  for the   journey   from   the   place   of arrest    to    the    court    of    the magistrate   and   no   such   person shall    be    detained    in    custody beyond the said period without the authority of a magistrate.

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