Q1.)Which among the following country is not a part of NB8?
- Finaland
- Iceland
- Sweden
- Germany
Q2.)With reference to Foreign Exchange Management Act (FEMA), consider the following statements?
- The Act gives powers to the Central Government to regulate the flow of payments to and from a person situated outside the country.
- All financial transactions concerning foreign securities or exchange cannot be carried out without the approval of FEMA.
- The Act is in consonance with the frameworks of the World Trade Organisation (WTO).
How many statements given above is/are correct?
- Only one
- Only two
- All three
- None
Q3.) Consider the following statements:
Statement-I:
The Wildlife Protection Act, 1972 is a significant legislation in India that provides a legal framework for the protection of various species of wild animals and plants.
Statement-II:
According to the Section 11 of the Act, the chief wildlife warden is empowered to trap, catch, and, if necessary, shoot wildlife.
Which one of the following is correct in respect of the above statements?
- Both Statement-I and Statement-II are correct and Statement-II is the correct explanation for Statement-I
- Both Statement-I and Statement-II are correct and Statement-II is not the correct explanation for Statement-I
- Statement-I is correct but Statement-II is incorrect
- Statement-I is incorrect but Statement-II is correct
Comment the answers to the above questions in the comment section below!!
ANSWERS FOR ’ 24th February 2024 – Daily Practice MCQs’ will be updated along with tomorrow’s Daily Current Affairs.st