Reading Section

1.

Orange Economy refers to?

  • [A] Health & Social Care sector
  • [B] Aging population & Senior services
  • [C] Marine & Ocean based activities
  • [D] Creative Economy

Correct Answer: D [Creative Economy]

Notes:

2.

16th Finance Commission was presented in Lok Sabha by Finance Commission.

Finance Commission is a?

  • [A] Constitutional Body
  • [B] Statutory Body
  • [C] Formed for specific purpose by Parliament
  • [D] Extra - Constitutional Body

Correct Answer: A [Constitutional Body]

Notes:

Finance Commission is a constitutional body under Article 280 of the Constitution.

 

3.

Bharat - VISTAAR is a multilingual AI that will be used in which of the following sector?

  • [A] Education
  • [B] Agriculture
  • [C] Healthcare
  • [D] Defence

Correct Answer: B [Agriculture]

Notes:

4.

Which of the following statement(s) is/are true about Celphos ?

1. Ammonium Phosphide is commonly known as Celphos.

2. Celphos is a grain fumigant that releases deadly phosphine gas upon ingestion.

3. It is used to kill pests, insects & rodents. 

  • [A] 1,2,3
  • [B] 2 & 3
  • [C] 1 & 3
  • [D] All 1, 2 & 3

Correct Answer: B [2 & 3]

Notes:

1. Alluminium Phosphide is commonly known as Celphos.

5.

Which of the following statement(s) is/are true about Minimum Alternate Tax (MAT)?

1.It is levied under Income Tax Act 1961.

2.It is applicable to both domestic & foreign company.

  • [A] Only 1
  • [B] Only 2
  • [C] Both 1 & 2
  • [D] Neither 1 nor 2

Correct Answer: C [Both 1 & 2]

Notes: