Questions

Q:

Who has been conferred with the 'ASSOCHAM Enterprise of the Century Award'?

A) Ratan Tata B) Uday Kotak
C) Mukesh Ambani D) Adi Godrej
 
Answer & Explanation Answer: A) Ratan Tata

Explanation:
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Filed Under: Honours and Awards
Exam Prep: Bank Exams

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Q:

Which actor plays the role of social activist Arunachalam Muruganatham in the biopic movie 'Pad Man'?

A) Irrfan Khan B) Nana Patekar
C) Mohanlal D) Akshay Kumar
 
Answer & Explanation Answer: D) Akshay Kumar

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Filed Under: Famous Personalities
Exam Prep: Bank Exams

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Q:

Select the related word/letters/numbers from the given alternatives: 6 : 42 :: 12 : ?

A) 48 B) 72
C) 60 D) 84
 
Answer & Explanation Answer: D) 84

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Q:

A series is given, with one term missing. Choose the correct alternative from the given ones that will complete the series.

DF, GJ, KM, NQ, RT, ?

A) EI B) UX
C) UV D) XY
 
Answer & Explanation Answer: B) UX

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Q:

Who established Mahabalipuram?

A) Pandya B) Pallava
C) Chalukya D) Chola
 
Answer & Explanation Answer: B) Pallava

Explanation:

Mahabalipuram was established by Pallava king Narasimhavarman I.

 

 

Narasimha_Varman_I_-_mahabalipuram_was_established_by1600689466.jpg image

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Filed Under: Indian History
Exam Prep: Bank Exams

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Q:

When the demand for a good increases with an increase in income, such a good is called_______

A) Superior good B) Giffin good
C) Inferior good D) Normal good
 
Answer & Explanation Answer: A) Superior good

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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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
Exam Prep: Bank Exams

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Q:

Increase in the demand for a good will cause the equilibrium price of the good to ________ and the equilibrium quantity to _________.

A) increase; increase B) decrease; decrease
C) increase; decrease D) decrease; increase
 
Answer & Explanation Answer: A) increase; increase

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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