Questions

Q:

CMOS is a

A) Battery-powered memory chip B) Basic input-output system
C) Storage device D) Cache memory operating system
 
Answer & Explanation Answer: A) Battery-powered memory chip

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Q:

Who is the Vice Chairperson of NITI Aayog ?

A) Dr. Bibek Debroy B) Dr. V.K. Saraswat
C) Dr. Arvind Panagariya D) Arun Jaitley
 
Answer & Explanation Answer: C) Dr. Arvind Panagariya

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Q:

In the following question, sentence given with blank to be filled in with an appropriate word(s). Four alternatives are suggested for the question. Choose the correct alternative out of the four and indicate it by selecting the appropriate option.

 

The gate _______ by the watchman on duty.

 

A) opened B) was opened
C) were opened D) was Opening
 
Answer & Explanation Answer: B) was opened

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Q:

Which of the following is used for disinfecting drinking water?

A) Baking powder B) Bleaching powder
C) Washing soda D) Baking soda
 
Answer & Explanation Answer: B) Bleaching powder

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Q:

Which subatomic particle determines the identity of an element?

A) Electrons B) Protons
C) Neutrons D) All the above
 
Answer & Explanation Answer: B) Protons

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Q:

Which of the following e-commerce majors has signed an agreement with NIESBUD for encouraging SMEs to grow profitably online?

A) Amazon B) Flipkart
C) Snapdeal D) eBay
 
Answer & Explanation Answer: A) Amazon

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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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Q:

The account receivable turnover measures

A) How often, on average receivables are received and collected during the period B) How long it takes to sell accounts receivable to a factor
C) The relation of cash sales to credit sales D) How long it takes to sell merchandise inventory
 
Answer & Explanation Answer: A) How often, on average receivables are received and collected during the period

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