2311: What is/are the most likely advantages of implementing 'Goods and Services Tax (GST)'?
1. It will replace multiple taxes collected by multiple authorities and will thus create a single market in India.
2. It will drastically reduce the 'Current Account Deficit' of India and will enable it to increase its foreign exchange reserves.
3. It will enormously increase the growth and size of economy of India and will enable it to overtake China in the near future.
Select the correct answer using the code given below:
(a) 1 only
(b) 2 and 3 only
(c) 1 and 3 only
(d) 1, 2 and 3
2312: The blood glucose level is commonly expressed as
(a) mm of Hg
(b) milligram per decilitre
(c) parts per million
(d) grams per litre
2313: Assertion (A) :
Lord Linlithgo described the August Movement of 1942 as the most serious revolt after the Sepoy mutiny.
Reason (R) :
Peasants joined the movement in large number in some places.
(a) Both A and R are true, and R is the correct explanation of A
(b) Both A and R are true, but R is not a correct explanation of A
(c) A is true, but R is false
(d) A is false, but R is true
2314: Match List I (Ancient site) with List II (Archaeological finding) and select the correct answer using the codes given below the lists :
List I-------------------List II
(Ancient site)----------(Archaeological finding)
A. Lothal--------------1. Ploughed field
B. Kalibangan----------2. Dockyard
C. Dholavira-----------3. Terracotta replica of a plough
D. Banawali------------4. An inscription comprising ten large sized signs of the Harappan script
Codes:
A B C D
(a) 1 2 3 4
(b) 2 1 4 3
(c) 1 2 4 3
(d) 2 1 3 4
2315: The behaviour of a fictitious stock market index (comprising a weighted average of the market prices of a selected list of companies including some multinational corporations (MNC's) over a 15 day period is shown in the graph. The behaviour of the MNC's in the same period is also shown in the second graph. Which one of the following is a valid conclusion ?
(a) MNC's fell steeper in the period depicted
(b) Share prices of every non-MNC company soared by over 5% on the 12th day
(c) Government announced a policy disfavouring MNC's on the 11th day
(d) Whatever be the reason favouring market revival on the 12th day, it appears to be relevant only to non-MNC companies