IASbaba Daily Current Affairs Quiz [Day 103]

Click here to get all the Tests– Archives

Q.1) The Taxation Laws (Second Amendment) Act, 2016 came into force on 15^th on December. Consider the following statements

1. It amends the Income Tax Act, 1961 and Finance Act, 2016
2. Pradhan Mantri Garib Kalyan Yojana (PMGKY) is a part of this amendment
3. Declarant of undisclosed income needs to pay 30% tax, 10% penalty and 33% Pradhan Mantri Garib Kalyan Cess on the tax

Which of the following statements is/are correct?

1. 1 and 2
2. 2 and 3
3. 1 and 3
4. All of the above

Q.2) Consider the following statements about The Credit Guarantee Fund Scheme for Micro and Small Enterprises (CGS)

1. It was launched to make available collateral-free credit to the micro and small enterprise sector
2. Only the new enterprises are eligible to be covered under the scheme
3. The Ministry of Micro, Small and Medium Enterprises, and Small Industries Development Bank of India (SIDBI), established a Trust named Credit Guarantee Fund Trust for Micro and Small Enterprises (CGTMSE) to implement the Credit Guarantee Fund Scheme for Micro and Small Enterprises

Which of the following statements is/are correct?

1. 1 and 2
2. 1 and 3
3. 2 and 3
4. All of the above

Q.3) Which of the following countries is/are members of East African Community (EAC)?

1. Burundi
2. Rwanda
3. Senegal
4. Angola
5. Uganda

Select the correct code:

1. 1, 2 and 5
2. 1, 3, 4 and 5
3. 1, 3 and 5
4. 1, 2 and 4

Q.4) Agenda 2063 is concerned with

1. Sustainable Development Goals
2. African Union
3. World Fare Trade Organization
4. None of the above

Q.5) Recently President Pranab Mukherjee unveiled the Wanderer Car used by _________________ during his ‘Great Escape’ from Kolkata to the Gomoh railway station between January 16 and 18, 1941. Select the correct code.

1. Vikram Sarabhai
2. R.D Tata
3. Ghanshyam Das Birla
4. None of the above

Download the Solution- Click here

All the best

IASbaba