Daily Questions Challenge for SSC CGL Exams -  27 November 2016

Write and Discuss Your Answer with Q.No in Comment Box at the Bottom of Post.

Q.1- An increase in the Bank Rate generally indicates that the

A. market rate of interest is likely to fall
B. Central Bank is no longer making loans to commercial banks
C. Central Bank is following an easy money policy
D. Central Bank is following a tight money policy

Q.2- Fidel Castro who died recently was a leader from which of the following countries?

A. Colombia
B. Cuba
C. Venezuela
D. None

Q.3- Consider the following statement and mark the correct answer.

A) GST is a tax regime to separate state taxes from central taxes.
B) GST will have no impact on cascading effect of taxes.
C) All major Central and State taxes will get subsumed into GST which will reduce the multiplicity of taxes, and thus bring down the compliance cost.
D) None of the above

Write and Discuss Your Answer with Q.No in Comment Box at the Bottom of Post.

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