General Knowledge

ISBT General Knowledge for all banking PO,Clerk,IBPS PO,Railway,SSC,IAS,OAS Exams

Q241.

The famous Naini Tal lake is situated in the State of India ?

1)	Uttarakhand	2)	Himachal Pradesh
3)	Jammu& Kashmir	4)	None of these

Q242.

MODVAT relates to rationalization of tax structure in-

1)	Sales tax	2)	Income tax
3)	Excise duty	4)	Gift tax

Q243.

Customer duties, export duties, corporation taxes, taxes on capital value of assets are-

1)	Taxes and duties levied by the centre but collected by the states	2)	Taxes and duties levied by the centre but wholly appropriated by the states
3)	Taxes levied and collected by the union but shared with the states	4)	Taxes and duties that accrue wholly to the union government

Q244.

Customer duties, export duties, corporation taxes, taxes on capital value of assets are-

1)	Taxes and duties levied by the centre but collected by the states	2)	Taxes and duties levied by the centre but wholly appropriated by the states
3)	Taxes levied and collected by the union but shared with the states	4)	Taxes and duties that accrue wholly to the union government

Q245.

Which of the following taxes is not levied by any state government ?

1)	Excise duty	2)	Income tax
3)	Sales tax	4)	None of these

Q246.

The long term fiscal policy proposes to maintain the stability of -

1)	Direct tax rates	2)	Indirect tax rates
3)	Ratio of tax revenue to national income	4)	Ratio of direct tax to revenue from indirect taxes

Q247.

Which of the following can be used for checking inflation temporarily  ?

1)	Increase in wages	2)	Decrease in money supply
3)	Decrease in taxes	4)	None of these

Q248.

Who is responsible to collect the service tax ?

1)	Income Tax Department	2)	Central Excise Department
3)	Commercial Tax Department of the State/UT	4)	Postal Department

Q249.

Investment and savings are kept equal through a change in the level of -

1)	Consumption	2)	Investment
3)	Government expenditure	4)	Income

Q250.

Which of the following is no. required while computing Gross National Product (GNP)?

1)	Net foreign investment	2)	Private investment
3)	Per capita income of citizens	4)	Purchase of goods by government