Page 280 - General Knowledge

GENERAL KNOWLEDGE 2019

122. The Ad Valorem Tax is applied on which among the following?
A. The price of commodity
B. The value added
C. The advertisement expenditure
D. The unit of the commodity

123. Accession Tax is levied on which among the following?
A. New Property
B. Gifts and bequests received by heirs.
C. Rented Property
D. Purchased Lands

124. Consider the following statements:
1. India is largest producer of Pulses
2. India is largest Consumer of Pulses
3. India is largest importer of Pulses
Which among the above statements hold correct?
A. Only 1
B. Only 1 & 2
C. Only 2 & 3
D. all 1, 2 & 3

125. Vegetable Oil has been India‘s largest non-oil import commodity. In this context please
consider the following reasons.
1. The Food grain are grown more in India because of the remunerative support prices
2. The Oil seed cultivation in India is mostly dependent upon the Rain fed Areas
The import of Vegetable oil has been cost effective
Which among the above statements hold correct?
A. 1 & 2
B. 2 & 3
C. 1 & 3
D. All are correct statements

126. Investment in which among the following is the Most Risk Free asset of a Bank as per the
RBI guidelines?
A. Housing Loans
B. Government Approved Securities
C. Government Securities
D. Loans against Jewellery

127. Falta Special Economic Zone is located at?
A. Bihar
B. West Bengal
C. Gujarat
D. Orissa

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