Questions

Q:

Corporation Tax is imposed by

A) Central Government B) State Government
C) Local Government D) None
 
Answer & Explanation Answer: A) Central Government

Explanation:

Corporation tax is a tax imposed on the net income of the company. Companies, both private and public which are registered in India under the Companies Act 1956, are liable to pay corporate tax.

Taxes in India are levied by the Central Government and the state governments. Some minor taxes are also levied by the local authorities such as the Municipality. The authority to levy a tax is derived from the Constitution of India which allocates the power to levy various taxes between the Central and the State.

 

Hence, Corporate Tax is imposed by Central Government.

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Filed Under: General Awareness
Exam Prep: AIEEE , Bank Exams , CAT
Job Role: Analyst , Bank Clerk , Bank PO

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Q:

Friction can be reduced by changing from

A) Static to Dynamic B) Rolling to Sliding
C) Dynamic to Static D) Sliding to Rolling
 
Answer & Explanation Answer: D) Sliding to Rolling

Explanation:

Any object rolls when there is no friction. So, Sliding to Rolling is correct.

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Filed Under: Physics
Exam Prep: AIEEE , Bank Exams , CAT , GATE
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Q:

The instrument of instructions contained in the Government of India Act, 1935 has been incorporated in the Constitution of India in the year 1950 as ______ 

A) Fundamental Rights B) Directive Principles of the State Policy
C) Fundamental Duities D) Emergency Provisions
 
Answer & Explanation Answer: D) Emergency Provisions

Explanation:
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Filed Under: Indian Politics

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Q:

Who is author of the book 'Preparing for the Twenty First Century '

A) V.S.Naipaul B) John Ruskin
C) Paul Kennedy D) Henry Kissinger
 
Answer & Explanation Answer: C) Paul Kennedy

Explanation:
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Filed Under: Books and Authors

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Q:

Which is the Hottest Place in the World ?

Answer

Azizia (Libya,Africa) 136 F


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Q:

Who gave the safety valve theory for Indian National Congress?

A) Lala Lajpat Rai B) MN Roy
C) Bal Gangadhar Tilak D) Bipinchandra Pal
 
Answer & Explanation Answer: A) Lala Lajpat Rai

Explanation:

Lala Lajpat Rai, popularly known as Punjab Kesari was an Indian Freedom Fighter who gave the safety valve theory for Indian National Congress in 1916 in a daily news paper paper 'Young India'. 

Who_gave_the_safety_valve_theory_for_Indian_National_Congress1559629734.jpg image

It was said that the INC was started by Viceroy Lord Dufferin with the help of an ex Civil Services member as a 'Safety Valve' against the popular discontent.

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Filed Under: Indian History
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Q:

What is RAID?

Answer

A method for providing fault tolerance by using multiple hard disk drives

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Subject: Networking
Job Role: Network Engineer

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Q:

The United Nation declared 2005-2015 as the International Decade for

A) Water for Life Decade B) Bone and Joint Decade
C) Second International Decade for the Eradication of colonialism D) International Decade for Natural Disaster Rreduction
 
Answer & Explanation Answer: A) Water for Life Decade

Explanation:
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