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.

While provisions on equality and non-discrimination (1)/ would promote equal opportunity, (2)/ in the process, reservation at jobs should not be denied. (3)/ No error.(4)

A) 1	B) 2
C) 3	D) 4

Answer & Explanation Answer: C) 3

Explanation:

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Filed Under: English
Exam Prep: Bank Exams

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Q:

In December 2017, Mid-Term Review of the Foreign Trade Policy (FTP) was released. The review announced how much percent increase each in incentive rates of
Merchandise Exports from India Scheme and Services Export from India Scheme?

A) 5%	B) 10%
C) 2%	D) 15%

Answer & Explanation Answer: C) 2%

Explanation:

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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:

A price floor is _____.

A) a maximum legal price	B) a minimum legal price
C) the price where demand equals supply	D) the price where elasticity of demand equals elasticity of supply

Answer & Explanation Answer: B) a minimum legal price

Explanation:

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

Management accountants would not

A) prepare reports primarily for external users.	B) be concerned with the impact of cost and volume on profits
C) assist in budget planning.	D) determine cost behavior.

Answer & Explanation Answer: A) prepare reports primarily for external users.

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

What is the name of the point at which the chromatids are attached in a chromosome?

A) Centrosome	B) Centromere
C) Nucleosome	D) Gene

Answer & Explanation Answer: B) Centromere

Explanation:

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Filed Under: Biology
Exam Prep: Bank Exams

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Q:

Which of the following is added to iron to make iron hard and strong?

A) Zinc	B) Copper
C) Carbon	D) Sodium

Answer & Explanation Answer: C) Carbon

Explanation:

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Filed Under: Chemistry
Exam Prep: Bank Exams

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Q:

Which South Korean author in May 2016 won the 2016 Man Booker International Prize for her novel 'The Vegetarian'?

A) Han Kang	B) Yiyun Li
C) Tami Hoag	D) Taya Zinkin

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