Q. What is the name of the Ethanol which contains 5% water by volume? Answer:
Rectified spirit
Notes: A rectified spirit, rectified alcohol, or neutral spirit is highly concentrated ethanol which has been purified by means of repeated distillation, a process that is called rectification. It typically contains 95% alcohol by volume (ABV). Rectified spirits are used in mixed drinks, in the production of liqueurs, for medicinal purposes, and as a household solvent.