QUIZ: Insights Current Affairs Quiz – 12

Which of the following statements about Electronic Transactions in India are true?

1. The Electronic Transaction Systems Act, 2007 governs this area
2. It is the government’s policy to incentivise it and disincentivise cash transactions

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The Balkan route which many Syrian refugees have of late used to migrate into the European Union comprises which of the following list of countries?

Which of the following statements with regard to ‘geo-fencing’ are incorrect?

1. These are virtual barriers whose geographical boundaries are defined with the help of Global Positioning Systems only
2. It can be of utility to the Public Distribution System because when a truck driver breaks from his route, automatic alerts are received by the concerned department

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Consider the following statements:

1. ‘Endo-atmosphere’ refers to the Troposphere and the Stratosphere as one atmospheric block
2. ‘Exo-atmosphere’ refers to the space beyond Stratosphere as one atmospheric block
3. The above two terms are used in defining missile defence battle space boundaries

Which of the above statements are correct?

With reference to ‘W20’ which was recently in the news, consider the following statements:

1. Also known as ‘World-20’, it is similar to the G-20 but each of the 6-inhabited continents are near-equally represented either by 3 or 4 countries
2. It has been launched by the IMF
3. India and China are members

Which of the above statements are correct?

Which of the following statements with regard to the Goods and Services Tax (GST) are incorrect?

1. It will consist of a Central GST, State GST and an Integrated GST (IGST)
2. Imports will be regarded as interstate good and services-supplies, hence along with customs duty the IGST will be applicable
3. It is a destination-based tax concept

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