Q:

One of the most famous speeches in U>S> Presidential history is 'The Gettysburg Address'. Name the US President who gave this epochal speech.

A) Abraham Lincoln	B) Theodore Roosevelt
C) John F. Kennedy	D) George Washington

Answer & Explanation Answer: A) Abraham Lincoln

Explanation:

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Filed Under: Famous Personalities
Exam Prep: Bank Exams

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Q:

If Reserve Bank of India reduces the cash reserve ratio, it will :

A) increase credit creation	B) decrease credit creation
C) have no impact on credit creation	D) have no definite impact on credit creation

Answer & Explanation Answer: A) increase credit creation

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Filed Under: Indian Economy

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Q:

Time period of Annual Plans was ___________.

A) 1990-1992	B) 1987-1990
C) 1992-1994	D) No option is correct

Answer & Explanation Answer: A) 1990-1992

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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:

The existence of a parallel economy (black money) ___________.

A) makes economy more competitive	B) makes the monetary policies less effective
C) ensures a better distribution of income and wealth	D) ensures increasing productive investment

Answer & Explanation Answer: B) makes the monetary policies less effective

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Filed Under: Indian Economy
Exam Prep: Bank Exams

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Q:

Which one of the following oxides of Nitrogen is also known as Laughing Gas?

A) NO2	B) N2O5
C) NO	D) N2O

Answer & Explanation Answer: D) N2O

Explanation:

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Filed Under: Chemistry
Exam Prep: Bank Exams

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Q:

In the following question, out of the four alternatives, select the alternative which will improve the bracketed part of the sentence. In case no improvement is needed, select "no improvement".

The music (soothe) me and I stroll on happily.

A) soothing	B) soothes
C) had soothed	D) no improvement

Answer & Explanation Answer: B) soothes

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

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Q:

Two identical resistors, each of 10 ohm, are connected in parallel. This combination, in turn, is connected to a third resistor of 10 ohm. The equivalent resistance of the combination is ___.

A) 30 ohm	B) 5 ohm
C) 15 ohm	D) 10 ohm

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