Questions

Q:

This tax is entirely borne by the entity it is levied upon and cannot be passed.

A) Direct tax B) Indirect tax
C) Straight tax D) Advance tax
 
Answer & Explanation Answer: A) Direct tax

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

If a person's income increases from Rs 20 lakhs per year to Rs 24 lakhs per year and tax increases from Rs 3,50,000 to Rs 4,00,000 the marginal tax rate is

A) 8 percent B) 12.5 percent
C) 10 percent D) 15 percent
 
Answer & Explanation Answer: B) 12.5 percent

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

If price of an article decreases from Rs 600 to Rs 500, when quantity demanded increases from 10000 units to 12000 units. Find point elasticity of demand?

A) -1.2 B) 1.2
C) -1.5 D) 1.5
 
Answer & Explanation Answer: A) -1.2

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Filed Under: Indian Economy
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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.


The "Global Nutrition Report 2016" once again ____________ India's slow overall progress ____________ addressing chronic malnutrition, manifest in stunting (low weight for age), wasting (low weight for height), micronutrient __________ and over­weight. Our track _________ in reducing the proportion of undernourished children over the past decade has been modest at best, and _____________ what other countries with comparable socio­economic indicators have achieved.


and _____________ what other countries with comparable socio­economic indicators

A) leads B) fails
C) lags D) falters
 
Answer & Explanation Answer: C) lags

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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.

___________ it became difficult to empirically prove that children __________ better in private schools, the attack __________ a new weapon: per unit cost of learning outcomes. Most of the learning outcome researches almost _______________ fail to understand the entire ______________ of education in any depth and reduces it to learning of so­called 3Rs for economic purposes.


___________ it became difficult to empirically prove

 

 

A) So B) Therefore
C) When D) Then
 
Answer & Explanation Answer: C) When

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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.


______________________ the Troubled Asset Relief Program (TARP), the government had purchased assets of struggling banks with a view _______________ ensuring that they did not collapse taking ____________________ them the rest of the financial system. These assets __________________ later at a profit by the government! The U.S. government had acted smartly, while in the Indian case the banks now find themselves ______________________ with loans made by them to an individual with negative net worth.

These assets __________________ later at a profit by the government!

A) are disposed of B) were disposed of
C) are disposed off D) had been disposed off
 
Answer & Explanation Answer: B) were disposed of

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Filed Under: English
Exam Prep: Bank Exams

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Q:

Around how much percent of earth's surface is covered with water?

A) 20-25% B) 40-50%
C) 70-80% D) 55-60%
 
Answer & Explanation Answer: C) 70-80%

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Filed Under: General Science
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Q:

The number of parliamentary seats (Lok Sabha) of Andhra Pradesh is _______.

A) 2 B) 13
C) 19 D) 25
 
Answer & Explanation Answer: D) 25

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

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