Questions

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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Q:

Chinese spacecraft Chang’e 5 has returned to the Earth, carrying samples from which astronomical body?

 

A) Moon B) Sun
C) Jupiter D) Saturn
 
Answer & Explanation Answer: A) Moon

Explanation:
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Filed Under: General Science
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Q:

Which country has released its next-generation 'Xian' H-20 stealth bomber?

A) China B) USA
C) India D) Japan
 
Answer & Explanation Answer: A) China

Explanation:
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Filed Under: General Awareness
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Q:

The table given below shows the number of applicants who have applied for exam at various centres as percentage of total number of applicants. The table also shows the number online applicants and absent applicants as a percentage of total applicants of each centre. Total number of applicants is 1200000.

What is the ratio of total number of present applicants from exam centre K to total number of offline applicants from exam centre J?

A) 40 : 41 B) 80 : 81
C) 10 : 9 D) 7 : 11
 
Answer & Explanation Answer: B) 80 : 81

Explanation:
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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

Explanation:
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Filed Under: Indian History
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Q:

In each of the following questions, a question is followed by information given in three statements. You have to decide the information given in which of the statements
is necessary and sufficient to answer the questions:


A, B, C, D and E are sitting in a circle. Are all of them facing the centre?


I. A is sitting second to the right of D; C is facing the centre and is not an immediate neighbour of D.
II. B, who is sitting between C and D, is second to the right of E, who is not an immediate neighbour of C. B and A are facing each other.
III. D is sitting on the immediate left of B, who is not sitting on the immediate left of A. E is on the immediate right of D.

A) Only I and II B) Only I and III
C) Either I and II, or III D) Any two of the three
 
Answer & Explanation Answer: D) Any two of the three

Explanation:
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Q:

In January 2018, Aziz Ansari became the first Indian-American and first Asian to win a Golden Globe award for which comedy series?

 

A) Parent Trap B) Running North
C) Master of None D) Gone with the wind
 
Answer & Explanation Answer: C) Master of None

Explanation:
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Q:

If price of an article decreases from Rs 800 to Rs 700, quantity demanded increases from Q1 units to 70 units. If point elasticity of demand is -1.333 find Q1?

A) 80 units B) 90 units
C) 60 units D) 50 units
 
Answer & Explanation Answer: C) 60 units

Explanation:
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