Questions

Q:

Expenses are recognized when

A) they are paid. B) they contribute to the production of revenue.
C) the invoice is received. D) they are billed by the supplier.
 
Answer & Explanation Answer: B) they contribute to the production of revenue.

Explanation:
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Filed Under: Indian Economy
Exam Prep: Bank Exams , CAT

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Q:

Battle of Plassey was fought by the British under the leadership of

A) Robert Clive B) Lord Dalhousie
C) Warren Hastings D) James Heartly
 
Answer & Explanation Answer: A) Robert Clive

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Filed Under: Indian History
Exam Prep: Bank Exams

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Q:

Which of the following Indian women cricket openers scored 320 in 45.3 overs to become the world's first pair to achieve a 300-run opening wicket partnership in a one-day internationals(ODIs)?

A) Deepti Sharma and Poonam Raut B) Diana Edulji and Mitali Raj
C) Mitali Raj and Deepti Sharma D) Poonam Raut and Mitali Raj
 
Answer & Explanation Answer: A) Deepti Sharma and Poonam Raut

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Filed Under: Sports
Exam Prep: Bank Exams

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Q:

The people of the Indus Valley Civilisation worshipped ___

A) Hanuman B) Kali
C) Ayyappa D) Pashupati
 
Answer & Explanation Answer: D) Pashupati

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Filed Under: Indian History
Exam Prep: Bank Exams

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Q:

The question given below consists of a statement, followed by two arguments numbered I and II. You have to decide which of the arguments is a 'strong' argument and which is a 'weak' argument.
Statement:

Should women be allowed into combat arms if they meet all standards?
Arguments:
I. Yes, women have already proven competence in combat – they have already been exposed to combat in Iraq and Afghanistan, so it makes no sense to officially continue excluding them.
II. No, the average female is physically weaker than the average male.

A) Only argument I is strong B) Only argument II is strong
C) Either I or II is strong D) Neither I nor II is strong and
 
Answer & Explanation Answer: A) Only argument I is strong

Explanation:

Argument I is strong as it gives a proper reason as to why women should be included in combat arms – because they have already worked in this area in Iraq and other places and so it makes sense to include them officially. Argument II is weak because it talks about a general scenario in comparing an average female with an average male.
However, what if a woman with exceptional athletic ability and toughness can meet and even exceed the standards currently set for male troops, on what basis should she be denied entry into combat arms? Therefore, option 1 is the correct answer.

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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:

ZIKA virus which causes neurological birth disorders is transmitted by

A) Rat bites B) Mosquito bites
C) Snake bites D) Monkey bites
 
Answer & Explanation Answer: B) Mosquito bites

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Filed Under: Biology
Exam Prep: Bank Exams

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Q:

In the following question, the sentence given with blank to be filled in with an appropriate word. Select the correct alternative out of the four and indicate it by selecting the appropriate option.

 

He will pay ______ for his foolishness.

 

A) Dearly B) Deer
C) Dear D) Dearest
 
Answer & Explanation Answer: A) Dearly

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Filed Under: English
Exam Prep: Bank Exams , GRE , TOEFL

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