UPSC Quiz- 2017 : IASbaba’s Daily Current Affairs Quiz [Day 59]

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Q.1) Consider the following statements about ‘GST Composition Scheme’

1. This scheme can be opted by any taxpayer whose turnover is less than Rs. 75 lakh.
2. The taxpayer pays a flat rate of tax regardless of what they manufacture, provide as a service or trade they carry on, under the scheme

Select the correct statements

1. 1 Only
2. 2 Only
3. Both 1 and 2
4. Neither 1 nor 2

Q.2) Sovereign Gold Bond (SGB) was launched to

1. Reduce the demand for physical gold
2. Shift a part of the domestic savings, used for purchase of gold, into financial savings
3. Both (a) and (b)
4. Neither (a) nor (b)

Q.3) Consider the following statements about VAJRA Faculty Scheme

1. It is meant to attract top international talent to the country’s research and development ecosystem
2. Scientists visiting Indian institutions under the VAJRA Faculty scheme would be provided with a lump-sum amount of US $15,000 in the first month of residency in a year and US $10,000 per month afterwards
3. It also provides participation of foreign faculty as Distinguished / Adjunct / Visiting faculty / Professors of Practice, etc. in delivering Short or Semester-long Courses in IITs, IIMs, Central Universities, IISc Bangalore, IISERs, NITs and IIITs and subsequently cover good State Universities

Select the correct statements

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

Q.4) ‘Project Loon’, sometimes seen in the news, is related to

1. waste management technology
2. wireless communication technology
3. solar power production technology
4. water conservation technology

Q.5) Snow Leopard is found in which of the following countries?

1. Afghanistan
2. Pakistan
3. Kazakhstan
4. Mongolia

Select the correct code:

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

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All The Best 

IASbaba