Questions

Q:

One of the most famous speeches in U>S> Presidential history is 'The Gettysburg Address'. Name the US President who gave this epochal speech.

A) Abraham Lincoln B) Theodore Roosevelt
C) John F. Kennedy D) George Washington
 
Answer & Explanation Answer: A) Abraham Lincoln

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Filed Under: Famous Personalities
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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'.

"I had forgotten all such things just (1)/ for the sake of the greater good of everyone." (2)/ said there leader. (3)/ No error. (4)

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

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Filed Under: English
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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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Filed Under: Indian Economy
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Q:

From which of the following, is the GDP of a country not derived from?

A) Agricultural sector B) Industrial sector
C) International sector D) Service sector
 
Answer & Explanation Answer: C) International sector

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Filed Under: Indian Economy
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Q:

For a certain shoe factory the fixed costs are Rs 200,000, selling price is Rs 2000 per pair of shoes and variable cost is Rs 1200 per pair, what is the breakeven quantity?

A) 100 B) 62.5
C) 167 D) 250
 
Answer & Explanation Answer: D) 250

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Filed Under: Indian Economy
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Q:

1 pascal equals 1 ________________.

A) N m2 B) N m-2
C) N m D) N m-1
 
Answer & Explanation Answer: B) N m-2

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Filed Under: Physics
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Q:

‘FRDI’ Bill, 2017 aims to protect the stability of the financial system. Once enacted, FRDI Bill 2017 will be replacing ______.

A) Deposit Insurance and Credit Guarantee Corporation Act, 1961 B) Deposit Guarantee Corporation Act, 1980
C) Credit Guarantee Corporation Act, 1990 D) No option is correct
 
Answer & Explanation Answer: A) Deposit Insurance and Credit Guarantee Corporation Act, 1961

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Filed Under: Indian Politics
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Q:

There are usually three Parliamentary sessions in India, viz, the Budget session, the Monsoon session and _______.

 

A) the Autumn session   B) the Summer session  
C) the Winter session   D) None of these  
 
Answer & Explanation Answer: C) the Winter session  

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Filed Under: Indian Politics
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