The document contains a quiz with 10 multiple choice questions related to current affairs topics such as the Goods and Services Tax (GST) in India, the Single Resolution Mechanism in the European Union, the National Optic Fibre Network project in India, inflation targeting recommendations by an RBI committee, the Petrapole-Benapole border checkpoint between India and Bangladesh, solar power capacity leaders among Indian states, India's current national infant mortality rate, the Indian state with the highest infant mortality rate, the governing body of the Employees' Provident Fund Organization, and the bank that compiles the Purchasing Managers’ Index.
The document contains a quiz with 10 multiple choice questions related to current affairs topics such as the Goods and Services Tax (GST) in India, the Single Resolution Mechanism in the European Union, the National Optic Fibre Network project in India, inflation targeting recommendations by an RBI committee, the Petrapole-Benapole border checkpoint between India and Bangladesh, solar power capacity leaders among Indian states, India's current national infant mortality rate, the Indian state with the highest infant mortality rate, the governing body of the Employees' Provident Fund Organization, and the bank that compiles the Purchasing Managers’ Index.
The document contains a quiz with 10 multiple choice questions related to current affairs topics such as the Goods and Services Tax (GST) in India, the Single Resolution Mechanism in the European Union, the National Optic Fibre Network project in India, inflation targeting recommendations by an RBI committee, the Petrapole-Benapole border checkpoint between India and Bangladesh, solar power capacity leaders among Indian states, India's current national infant mortality rate, the Indian state with the highest infant mortality rate, the governing body of the Employees' Provident Fund Organization, and the bank that compiles the Purchasing Managers’ Index.
2014- 03- 11 13:03:10 GKToday 1. The proposed Good & Services Tax (GST) will subsume which among t he f ollowing t axes? 1. Income Tax 2. Sales Tax 3. Excise Dut y 4. Value Added Tax Choose t he correct opt ion: [A]1 & 2 [B]2 & 3 [C]2, 3, & 4 [D]2 & 4 2, 3, & 4 Many cent ral and st at e t axes such as excise dut y, service t ax, value-added t ax, sales t ax and luxury t ax will be subsumed under a GST. Income Tax is a direct t ax, so it is not under GST. Show Answer 2. In recent t imes, t he t erm "Single Resolut ion Mechanism (SRM)" was making news wit h respect t o __? [A]IMF [B]European Commission [C]Federal Reserve (US) [D]World Trade Organizat ion European Commission The proposed SRM will allow t he European Cent ral Bank t o direct ly supervise banks wit hin t he Eurozone and ot her member st at es choosing t o join. This mechanism will allow f or t roubled banks f rom sovereign nat ions t o receive bailout f unds f rom t he cent ral bank t o alleviat e t he impact on one nat ion's bank Show Answer 3. The Nat ional Opt ic Fibre Net work (NOFN) project is t o link t he opt ical f ibre f or of f ering a 100 mbps broadband service t o which among t he f ollowing levels? [A]Dist rict [B]Tehsil / Taluka [C]Gram Panchayat [D]Block Gram Panchayat The government is likely t o ext end t he deadline f or complet ion of it s Nat ional Opt ic Fibre Net work (NOFN) project , meant t o connect 250,000 gram Panchayat s wit h opt ical f ibre f or of f ering a 100 mbps broadband service. Show Answer 4. Recent ly, which among t he f ollowing commit t ees was making news wit h respect t o it s sweeping recommendat ion on inf lation targeting? [A]C Rangarajan Commit t ee [B]Urjit Pat el Commit t ee [C]Nachiket Mor Commit t ee [D]Rakesh Mohan Commit t ee Urjit Patel Committee Commit t ee headed by RBI Deput y Governor Urjit Pat el, had been f ormed t o st rengt hen Indias monet ary policy f ramework. It had recommended sweeping changes such as f ormat ion of a monet ary policy commit t ee and inf lat ion t arget ing. It suggest ed RBI primarily t arget f our per cent inf lat ion, wit h a deviat ion of 200 basis point s. This recommendat ions has be reject ed by t he government . Show Answer 5. The Pet rapole-Benapole border checkpoint cont rols t he f oreign t rade bet ween India and ___? [A]Pakist an [B]Bangladesh [C]Bhut an [D]Nepal Bangladesh Pet rapole-Benapole border checkpoint is bet ween India and Bangladesh in Nort h 24 Parganas dist rict of West Bengal. Out of t hem, Pet rapole is on Indian side and Benapole is on Bangladesh side. Pet rapole is also t he largest land cust oms st at ion in Asia. Show Answer 6. At present , which among t he f ollowing st at es in India leads in t ot al solar power commissioned capacit y ? [A]Gujarat [B]Rajast han [C]Madhya Pradesh [D]Tamil Nadu Gujarat Gujarat is ahead wit h a solar power commissioned capacit y of 860.4 Mw. Ot her st at es are also picking up. Rajast han has 666.75 Mw inst alled and Madhya Pradesh is gaining ground at 195.315 Mw. Show Answer 7. What is t he current (2012-13 dat a) nat ional average f or inf ant mort alit y rat e (IMR) in India per 1000 live birt hs? [A]36 [B]42 [C]48 [D]52 42 The nat ional average f or inf ant mort alit y rat e is 42 deat hs, while t he millennium development goal f or t his is 29. Show Answer 8. According t o t he Annual Healt h Survey (2012-13) released by t he Of f ice of Regist rar General & Census Commissioner, which among t he f ollowing st at es of India has highest IMR (Inf ant Mort alit y Rat e)? [A]Madhya Pradesh [B]Ut t ar Pradesh [C]West Bengal [D]Bihar Uttar Pradesh At 36 deat hs/1,000 live birt hs, Jharkhand recorded t he lowest inf ant mort alit y rat e, while at 68, and UP had t he highest . Show Answer 9. What is t he name of t he apex decision-making body of t he Employees' Provident Fund Organisat ion (EPFO)? [A]Nat ional Provident Fund Aut horit y [B]Employees' Provident Fund Board of India [C]Cent ral Board of Trust ees [D]Employees' Provident Fund Council Central Board of Trustees Show Answer 10. The Purchasing Managers Index (PMI) is a vent ure of ___? [A]HDFC [B]HSBC [C]ICICI [D]EXIM Bank of India HSBC Show Answer