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- Question
What is the new GST Recommended by Government Panel for under-construction residential properties?
Options- A. 5%
- B. 8%
- C. 12%
- D. 15%
- Correct Answer
- 5%
ExplanationGovernment panel recommended lowering GST on under-construction residential properties to 5%. The GST rate for under-construction flats earlier was 12%.The Group of Ministers headed by Nithin Patel was formed to analyse tax rates and issues or challenges being faced by the real estate sector under the Goods and Services Tax (GST) regime.The seven member ministerial panel also favoured lowering GST on affordable housing from 8% earlier to 3%.The move will give relief to homebuyers as the tax rate had lowered sharply with no input tax credit. Any cut in GST should reduce the adverse impact on the land abatement rate also. - 1. Name the country which has agreed to strengthen economic co-operation with India.
Options- A. Japan
- B. US
- C. Netherland
- D. Russia Discuss
- 2. Name the country which won the Sultan Azlan Shah Cup 2019.
Options- A. Malaysia
- B. India
- C. South Korea
- D. Canada Discuss
- 3. Which of the following movies won the 74th Golden Globes Best Motion Picture Award in the Drama category?
Options- A. La La Land
- B. Moonlight
- C. Nocturnal Animals
- D. Fences Discuss
- 4. Which bank has reduced its benchmark lending rate by 0.05% points?
Options- A. Syndicate Bank
- B. Union Bank of India
- C. Allahabad Bank
- D. Bank of India Discuss
- 5. The Union Government in recent past revised the Mode of Moderation and Memorandum of Understanding to establish the Border Haats with this country.
Options- A. Myanmar
- B. Nepal
- C. Bangladesh
- D. Sri Lanka Discuss
- 6. Former Union Minister, Akhilesh Das Gupta passed away in Lucknow, Uttar Pradesh on 12 April 2017, after suffering from a heart attack. Which party did he serve under in the government?
Options- A. Bharatiya Janata Party
- B. Congress Party
- C. Samajwadi Party
- D. Bahujan Samajh Party Discuss
- 7. Which film has won the Golden Bear Award at the 67th Berlin International Film Festival-2017?
Options- A. Bright Nights
- B. The Other Side of Hope
- C. On Body and Soul
- D. Close Knit Discuss
- 8. Who is the author of the book "Mr and Mrs Jinnah: The Marriage that Shook India"?
Options- A. Teesta Setalvad
- B. Bertil Falk
- C. Sheela Redddy
- D. Audrey Truschke Discuss
- 9. Name the Bank which became the second largest public sector undertaking (PSU) bank.
Options- A. Axis Bank
- B. Bank of Baroda
- C. Union Bank of India
- D. Dena Bank Discuss
- 10. As per an announcement by the Union Government, India's nuclear power generation capacity will be tripled by
Options- A. 2021
- B. 2022
- C. 2023
- D. 2024 Discuss
More questions
Correct Answer: US
Explanation:
India and the United States have agreed to strengthen economic co-operation and bilateral trade by ensuring greater collaboration amongst stakeholders, including government, businesses and entrepreneurs.
Correct Answer: South Korea
Explanation:
India was defeated by the South Korea in the penalty shootout of the final of Sultan Azlan Shah Cup 2019. 17th Ranked South Korea defeated World number 5, India to won the Sultan Azlan Shah Cup which was held at Azlan Shah Stadium in Ipoh, Malaysia.
Correct Answer: Moonlight
Correct Answer: Allahabad Bank
Explanation:
State-owned Allahabad Bank announced a reduction in benchmark lending rate by 0.05 percentage points across various tenors. The marginal cost of funds-based lending rate (MCLR) for a one-year loan has been reduced to 8.60% from 8.65% effective May 14. Most of the loans including housing loans are benchmarked against MCLR for one year.
Correct Answer: Bangladesh
Correct Answer: Congress Party
Correct Answer: On Body and Soul
Correct Answer: Sheela Redddy
Correct Answer: Bank of Baroda
Explanation:
Bank of Baroda (BoB) became the second largest public sector undertaking (PSU) bank after merging Dena Bank and Vijaya Bank into itself as part of the first three-way amalgamation. BoB is now the third-largest bank after State Bank of India (SBI) and HDFC Bank. Following the merger, the number of PSBs has come down to 18. The consolidated bank will have over 9,500 branches, 13,400 ATMs, 85,000 employees to serve 12 crore customers. The bank will have a business mix of Rs 15 lakh crore of balance sheet, with deposits and advances of Rs 8.75 lakh crore and Rs 6.25 lakh crore, respectively. Post-amalgamation, the bank will have a 22 per cent market share in Gujarat and 8-10 per cent market share in Maharashtra, Karnataka, Rajasthan and Uttar Pradesh.
Correct Answer: 2024
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