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

1 1484

Q:

India has taken the concept of 'Judicial Review' from which country's constitution?

A) United States	B) United Kingdom
C) Canada	D) Ireland

Answer & Explanation Answer: A) United States

Explanation:

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Filed Under: Indian Politics
Exam Prep: Bank Exams

4 1484

Q:

Which railway station is used for immigration and customs of passengers who travel on the Thar Express between Pakistan and India?

A) Jalal Marri	B) Zero Point
C) Lal Pir	D) Gujar Garhi

Answer & Explanation Answer: B) Zero Point

Explanation:

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Filed Under: General Awareness
Exam Prep: Bank Exams

2 1483

Q:

How many fundamental Rights are mentioned in Indian constitution?

A) 5	B) 6
C) 7	D) 8

Answer & Explanation Answer: A) 5

Explanation:

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Filed Under: Indian Politics

3 1483

Q:

In each of these questions, a question is given followed by information in three statements. You have to find out the data in which statement(s) is sufficient to answer the question and mark your answer accordingly. What are the marks scored by Abhijit in English?

I. Marks scored by Abhijit in Maths are more than his marks in Science by 20.

II. Total marks scored by Abhijit in Maths, Science and English are 198.

III. Marks scored by Abhijit in Science are more than his marks in English by 12.

A) Any two of the three	B) Only II and III
C) All I, II and III	D) Question cannot be answered even with the information in all the three statements

Answer & Explanation Answer: C) All I, II and III

Explanation:

Suppose marked scored by Abhijit in English = x
From statement I,
Marks in science = x + 12
From statement III,
Marks in mathematics = x + 12 + 20
= x + 32
From statement II,
English + Science + Mathematics = 198
x + x +12 + x + 38 = 198
3x = 154
x = 154/3
All I, II and III are required to find answer.

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Filed Under: Quantitative Aptitude - Arithmetic Ability
Exam Prep: Bank Exams , GATE
Job Role: Bank Clerk , Bank PO

0 1483

Q:

What is the measure of an interior angle of a regular Octagon?

A) 135°	B) 120°
C) 140°	D) 144°

Answer & Explanation Answer: A) 135°

Explanation:

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

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Q:

Which of the following countries border does not touch China?

A) Cambodia	B) Laos
C) Vietnam	D) Myanmar

Answer & Explanation Answer: A) Cambodia

Explanation:

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Filed Under: World Geography
Exam Prep: Bank Exams

3 1483

Q:

One of the earliest explorers who visited India was Megasthenes. Which country did he hail from?

A) Spain	B) Italy
C) Greece	D) Egypt

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