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:

Find the missing number from the given alternatives.

A) 60	B) 62
C) 64	D) 66

Answer & Explanation Answer: C) 64

Explanation:

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Filed Under: Verbal Reasoning - Mental Ability

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Q:

Find measure of central angle of the sector whose perimeter is 25 cm and radius of the circle is 7 cm?

A) 45°	B) 22.5°
C) 135°	D) 90°

Answer & Explanation Answer: D) 90°

Explanation:

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Filed Under: Quantitative Aptitude - Arithmetic Ability
Exam Prep: AIEEE , Bank Exams , CAT

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Q:

The 5th and 9th term of an arithmetic progression are 7 and 13 respectively. What is the 15th term?

A) 22	B) 21
C) 55	D) 59

Answer & Explanation Answer: A) 22

Explanation:

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Filed Under: Quantitative Aptitude - Arithmetic Ability
Exam Prep: Bank Exams

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Q:

The sentences given with blanks are to be filled with an appropriate word(s). Four alternatives are suggested for each question. For each question, choose the correct alternative and click the button corresponding to it.

You are ____ common sense

A) lacking of	B) devoid in
C) devoid of	D) dull on

Answer & Explanation Answer: C) devoid of

Explanation:

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Filed Under: English
Exam Prep: Bank Exams

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Q:

In the following question, some part of the sentence may have errors. Find out which part of the sentence has an error and select the appropriate option. If a sentence is free from error, select 'No Error'.

It was (1)/ difficult decided (2)/ about break up. (3)/ No error (4

A) 1	B) 2
C) 3	D) 4

Answer & Explanation Answer: B) 2

Explanation:

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Filed Under: English
Exam Prep: Bank Exams

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Q:

Out of the four alternatives, choose the one which can be substituted for the given words/sentences and click the button corresponding to it.

Hard working and diligent

A) Seditious	B) Sedate
C) Sedulous	D) Scheming

Answer & Explanation Answer: C) Sedulous

Explanation:

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Filed Under: English
Exam Prep: Bank Exams

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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.

Be in two minds

A) Behave smart at sometime and stupid at other.	B) Unable to decide.
C) Having a split personality disorder.	D) Trying to do two things at the same time.

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