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  • Question
  • As per the recommendations of the 12th Finance Commissions what should be the share of states in net proceeds of Shareable Central Taxes?


  • Options
  • A. 20%
  • B. 25.5%
  • C. 30.5%
  • D. 33%

  • Correct Answer
  • 30.5% 

  • Tags: Bank Exams, Bank PO

    Basic General Knowledge problems


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    • 1. Who amongst the following authors was in 2007 conferred the knighthood by the British government?

    • Options
    • A. Salman Rushdie
    • B. V.S. Naipaul
    • C. Chetan Bhagat
    • D. Khushwant Singh
    • Discuss
    • 2. Which of the following organizations/agencies has initiated a "Rural Development Programme" in Uttar Pradesh so that villages can be developed in an integrated manner?

    • Options
    • A. SBI
    • B. RBI
    • C. ECGC
    • D. NABARD
    • Discuss
    • 3. As per the recommendations of the 12th Finance Commission, what will be the Share of the State Govts in total shareable proceeds of Central taxes?

    • Options
    • A. 15%
    • B. 20.5%
    • C. 22%
    • D. 30.5%
    • Discuss
    • 4. Which of the following countries is passing through a crisis called as "Darfur Humanitarian Crisis"?

    • Options
    • A. Uganda
    • B. Somalia
    • C. Sudan
    • D. Sierra Leone
    • Discuss
    • 5. SEBI decided to give an exemption to some companies from the requirement of the minimum 25 per cent public shareholding. Companies exempted from such requirement should fulfil which of the following norms? A. They should have market capitalisation of Rs.1,000 crore B. They should have 20 million shares listed C. They should have a turnover of Rs.400 crore per annum

    • Options
    • A. Only A
    • B. Only B
    • C. Only C
    • D. Both A & B
    • Discuss
    • 6. Which one of the following breeds of sheep has been imported to increase wool production in india ?

    • Options
    • A. Chokla
    • B. Magra
    • C. Bellary
    • D. Merino
    • Discuss
    • 7. Lady Tata Memorial Awards are given for research in

    • Options
    • A. Leukaemia
    • B. Biodiversity
    • C. Tuberculosis
    • D. Environmental Protection
    • Discuss
    • 8. Pulitzer prize winners are selected by the Pulitzer prize Board and announced by the president of the

    • Options
    • A. New York University
    • B. Columbia University
    • C. Wesleyan University
    • D. Cambridge university
    • Discuss
    • 9. India's First Rual Telephone exchange is located in

    • Options
    • A. Karnataka
    • B. Andhra Pradesh
    • C. Kerala
    • D. Uttar Pradesh
    • Discuss
    • 10. The Book " The Man who knew Infinity" by Robert Kanigel and extensively reviewed in indian newspapers is the biography of

    • Options
    • A. Vikram Sarabhai
    • B. Sir Homi J Bhabha
    • C. Sir CV Raman
    • D. Srinivasa Ramanujan
    • Discuss


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