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

0 979

Q:

Which of the following is a nitrogen-fixing bacteria?

A) Salmonella	B) Rhizobium
C) E.coli	D) Pseudomonas

Answer & Explanation Answer: B) Rhizobium

Explanation:

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Filed Under: Biology
Exam Prep: Bank Exams

1 979

Q:

Which one is not the cause of kidney stone formation?

A) Drinking more water	B) Diabetic mellitus
C) Taking nuts rich in oxalate	D) Eating lot of stone forming foods

Answer & Explanation Answer: A) Drinking more water

Explanation:

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Filed Under: Biology
Exam Prep: AIEEE , Bank Exams

4 979

Q:

The egg is carried from the ovary to the womb through

A) the uterus	B) the vas deferens
C) the oviduct	D) the cervix

Answer & Explanation Answer: C) the oviduct

Explanation:

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Filed Under: Biology
Exam Prep: Bank Exams

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Q:

Ice floats on water because its density is

A) more than water	B) zero
C) less than water	D) same as water

Answer & Explanation Answer: C) less than water

Explanation:

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Filed Under: Chemistry
Exam Prep: Bank Exams

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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'.

The most effective measure to keep (1)/ our roads safe is enforcement of rules (2)/ with zero tolerance to any violate rule. (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 which year was Facebook started?

A) 2002	B) 2004
C) 2008	D) 2009

Answer & Explanation Answer: B) 2004

Explanation:

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Filed Under: General Awareness
Exam Prep: Bank Exams

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Q:

In November 2017, Indian Government approved setting up of ‘Pradhan Mantri Mahila Shakti Kendras’. These will be set up in how many most backward districts of the country?

A) 100	B) 150
C) 115	D) 200

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