Sawaal

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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
Exam Prep: Bank Exams

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Q:

Security Council of the UN comprises of 10 non­-permanent members and their tenure is____________

A) 5 years B) 4 years
C) 3 years D) 2 years
 
Answer & Explanation Answer: D) 2 years

Explanation:
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Filed Under: Indian Politics
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Q:

Which one of the following is not the official language of the UNO?

A) French B) Arabic
C) Spanish D) Japanese
 
Answer & Explanation Answer: D) Japanese

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Filed Under: General Awareness
Exam Prep: Bank Exams , GATE

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Q:

Under the framework of the new partnership with which country, Victory University will help India to Establish a National Sports University?

A) Portugal B) Australia
C) Vietnam D) USA
 
Answer & Explanation Answer: B) Australia

Explanation:
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Q:

During uniform motion of an object along a straight line, its ___________ remains constant with time

A) acceleration B) deceleration
C) force D) velocity
 
Answer & Explanation Answer: D) velocity

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Filed Under: Physics
Exam Prep: Bank Exams

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Q:

_____ mirror is used in the headlights of cars.

A) Semi-circular B) Conical
C) Convex D) Concave
 
Answer & Explanation Answer: D) Concave

Explanation:
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Filed Under: Physics
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Q:

The famous poet Amir Khusrau was contemporary of all except following :

A) Alauddin Khilji B) Ghiyasuddin Balban
C) Iltutmish D) Jalaluddin Khilji
 
Answer & Explanation Answer: C) Iltutmish

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Filed Under: Indian History
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Q:

Rock Shelters of Bhimbetka is in ___________.

A) Maharashtra B) Himachal Pradesh
C) Karnataka D) Madhya Pradesh
 
Answer & Explanation Answer: D) Madhya Pradesh

Explanation:
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Filed Under: Indian Geography
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