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:

To be eligible to contest election under the Haryana Panchayati Raj (Amendment) Act, 2015, a candidate should

1.have a functional toilet at home

2.have payment slips of power bills

3.not be a cooperative loan defaulter

4.have studied  minimum   matriculation irrespective of category.

Select the  correct  answer  using  the  code given below.

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

Explanation:

Following   are   the   qualifications which    have    to    be    met    for contesting    elections    under    the Haryana Panchayat raj:

For general  candidate  men  must  have passed   class   X,   class   VIII   for women   and   Scheduled   cast/ST, class    V    for    schedule    cast/ST women  for  elections  contesting  in the  Zila  Parishad,  Panchay  Samiti and   Post   of   the   Sarpanch.The candidate must have the functional toilet    in    his/her    home.There should  not  be  any  insolvency  or failure  to  pay  the  arrears  in  any case    such    as,    like    to    any cooperative  society,  any  bank  or electricity  bill.  The  candidate  must be clean in character likewise there should not be any charge sheet filed which  may  lead  to  imprisonment  of upto  10  years  against  the  candidate in   any   court   in   India.In   case   of Rajasthan,  the  candidate  must  not be the Leprosy Patient.

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Filed Under: Indian Politics
Exam Prep: Bank Exams

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Q:

1kWH = .........J

A) 3.6×10^-8 B) 3.6×10^-6
C) 3.6×10^8 D) 3.6×10^6
 
Answer & Explanation Answer: D) 3.6×10^6

Explanation:
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Filed Under: Physics
Exam Prep: Bank Exams

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Q:

Harvesting season of Kharif crop in India is _________

A) January-­March B) February-­Apri
C) September-October D) November-January
 
Answer & Explanation Answer: C) September-October

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

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Q:

Jallikattu is associated with _____.

A) Trichur B) Karthigai
C) Onam D) Pongal
 
Answer & Explanation Answer: D) Pongal

Explanation:
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Exam Prep: AIEEE , Bank Exams , CAT

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Q:

Jammu and Kashmir Rifles is 

A) an infantry regiment of the Indian Army B) a battalion of the Rashtriya Rifles
C) the name of the Armed Police of the State of Jammu and Kashmir D) a paramilitary force under the Ministry of Home Affairs
 
Answer & Explanation Answer: A) an infantry regiment of the Indian Army

Explanation:

Jammu and Kashmir Rifles is an infantry regiment of the Indian Army. It is a truly historic Indian Regiment raised by Maharaja Gulab Singh, the founder of the Dogra Kingdom in 1820. Amongst all the princely State Forces of India, it was the only one to be absorbed into the Indian Army as a separate Regiment and did not lose its entity by merger into the existing Regiments of the Army.

 

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Q:

Which one of the following was a focus country of the World Food India’, a mega food event held in November 2017 in New Delhi?

A) Germany B) Japan
C) Denmark D) Italy
 
Answer & Explanation Answer: D) Italy

Explanation:
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Q:

As per a report released by RBI in August 2017, approximately how much percent of the demonetised currency returned to the central Bank?

A) 99 B) 90
C) 85 D) 80
 
Answer & Explanation Answer: A) 99

Explanation:
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