Daily Questions Challenge for IBPS Exams (04 April 2016)

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

Q.1- 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

Q.2- Which of the following is hottest planet in the solar system?

A. Neptune
B. Nercury
C. Mars
D. Venus

Q.3- Which of the following correctly defines twin deficit?

A. high current account deficit and high fiscal deficit.
B. high capital account deficit and high fiscal deficit.
C. high current account deficit and high capital account deficit.
D. high budget deficit and high fiscal deficit.

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