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Q:

Amartya Sen was awarded the Nobel Prize for his contribution to 

A) Monetary Economics B) Welfare Economics
C) Environmental Economics D) Development Economics
 
Answer & Explanation Answer: B) Welfare Economics

Explanation:

Amartya   Sen,   Indian   economist who  was  awarded  the  1998  Nobel Prize  in  Economic  Sciences  for  his contributions  to  welfare  economics and social choice theory and for his interest    in    the    problems    of society's poorest members

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Filed Under: Indian Economy
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Q:

CENVAT is related to which of the following ?

A) Sales Tax B) Excise Duty
C) Custom Duty D) Service Tax
 
Answer & Explanation Answer: B) Excise Duty

Explanation:
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Q:

Who invented JavaScript the programming language?

A) Brendan Eich B) Willem Einthoven
C) George Eastman D) Emil Erlenmeyer
 
Answer & Explanation Answer: A) Brendan Eich

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Filed Under: Computer
Exam Prep: AIEEE , Bank Exams , CAT

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Q:

The ratio of change in velocity of a body to the total time taken by it is its __________________.

A) acceleration B) displacement
C) force D) momentum
 
Answer & Explanation Answer: A) acceleration

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Filed Under: Physics
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Q:

Beginning from the Financial Year 2017-18 NITI Ayog plans to replace the 5 year plans with which of the following

A) 5 year Vision Document B) 10 year Vision Document
C) 15 year Vision Document D) 20 year Vision Document
 
Answer & Explanation Answer: C) 15 year Vision Document

Explanation:
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Q:

Mendel is known as

A) Father of Physiology B) Father of Geology
C) Father of Genetics D) Father of Biology
 
Answer & Explanation Answer: C) Father of Genetics

Explanation:
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Q:

The first ever disaster management exercise of BIMSTEC countries was held _________ in October 2017.

A) Dhaka B) Colombo
C) New Delhi D) Karachi
 
Answer & Explanation Answer: C) New Delhi

Explanation:
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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
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