1021: Which one of the following is not a feature of "Value Added Tax" ?
(a) It is basically a subject of the Central Government and the State Governments are only a facilitator for its successful implementation
(b) It is a multi-point destination-based system of taxation
(c) It is a tax levied on value addition at each stage of transaction in the production-distribution chain
(d) It is a tax on the final consumption of goods or services and must ultimately be borne by the consumer
1022: With reference to a grouping of countries known as BRICS, consider the following statements :
1. The First Summit of BRICS was held in Rio De Janeiro in 2009.
2. South Africa was the last to join the BRICS grouping.
Which of the statements given above is/are correct?
(a) 1 only
(b) 2 only
(c) Both 1 and 2
(d) Neither 1 nor 2
1023: Which one of the following pairs is not correctly matched?
(a) Islam : Koran
(b) Hinduism : Veda
(c) Shintoism : Analects
(d) Judaism : Torah
1024: Which one of the following is the correct chronological order of the formation as full States of the Indian Union ?
(a) Sikkim-Arunachal Pradesh-Nagaland-Haryana
(b) Nagaland-Haryana-Sikkim-Arunachal Pradesh
(c) Sikkim-Haryana-Nagaland-Arunachal Pradesh
(d) Nagaland-Arunachal Pradesh-Sikkim-Haryana
1025: A man starts walking in the north-easterly direction from a particular point. After walking a distance of 500 metres, he turns southward and walks a distance of 400 metres. At the end of this walk he is situated
(a) 300 metres north of the starting point
(b) 100 metres north-east of the starting point
(c) 300 metres east of the starting point
(d) 100 metres north of the starting point