Daily Questions Challenge for IBPS Exams - 03 November 2016

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Q.1- Which of the following is correct regarding National Data Registry?

1. Registry would prevent duplication of data
2. Registry is a substitute for Aadhaar card

A. 1 only
B. 2 only
C. Both
D. None

Q.2- Which of the following statements is correct regarding S&P, Moody's, Fitch?

A. They are intelligence agencies
B. They are legislative agencies in EU
C. They are credit rating agencies
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

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