UPSC Quiz- 2017 : IASbaba’s Daily Current Affairs Quiz [Day 25]

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Q.1) Consider the following statements about Graded Surveillance Measure (GSM) which was in news recently

1. The GSM is a system designed by SEBI to keep a check on shares which see an abnormal price rise not commensurate with the financial health or fundamentals.
2. A review process based on pre-defined criteria for moving securities in / out of GSM framework shall be carried out twice a year.
3. The GSM tags cannot be challenged

Select the correct statements

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

Q.2) Consider the following statements about Shell Companies

1. Shell Company is a corporate entity without active business operations or significant assets.
2. Shell companies are illegal

Select the correct statements

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

Q.3) Introduced in January 2016 to revive investments in road infrastructure projects, (Hybrid-Annuity Model) HAM has seen good initial success. Consider the following statements

1. Government and the private player will equally share the project cost
2. The highway toll tax will be collected by the government i.e. (NHAI)

Select the correct statements

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

Q.4) Base Erosion and Profit Shifting (BEPS) framework is concerned with?

1. World Bank
2. World Trade Organisation
3. International Monetary Fund
4. Organisation for Economic Co-operation and Development

Q.5) Ping Pong Diplomacy was between which of the following countries?

1. North Korea and China
2. Japan and China
3. South Korea and Japan
4. None of the above

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All The Best 

IASbaba