Q5, 20th May, Quiz (Click HERE): Typo; Answer must be option ‘a’ as is clear from the image provided in the explanation.
The following quiz will have 5-10 MCQs . The questions are mainly framed from The Hindu and PIB news articles.
This quiz is intended to introduce you to concepts and certain important facts relevant to UPSC IAS civil services preliminary exam 2017. It is not a test of your knowledge. If you score less, please do not mind. Read again sources provided and try to remember better.
Please try to enjoy questions, discuss the concepts and facts they try to test from you and suggest improvements.
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INSIGHTS CURRENT EVENTS QUIZ 2017
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The following Quiz is based on the Hindu, PIB and other news sources. It is a current events based quiz. Solving these questions will help retain both concepts and facts relevant to UPSC IAS civil services exam.
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Question 1 of 5
1. Question
1 points
Which one of the following issues the “Global Competitiveness Report” periodically?
Correct
Solution: d.
The same question was posted here a few months ago.
“In terms of the Global Competitiveness Index (GCI) prepared by World Economic Forum for 138 countries, India ranked 39 in 2016-17, as compared to India’s rank in GCI of 60 (among 148 countries) in 2013-14.”
The same question was posted here a few months ago.
“In terms of the Global Competitiveness Index (GCI) prepared by World Economic Forum for 138 countries, India ranked 39 in 2016-17, as compared to India’s rank in GCI of 60 (among 148 countries) in 2013-14.”
Which of the following goods will not be taxable under the Goods and Services Tax economy, by way of definition of GST in the Constitution?
Aviation Turbine Fuel
Alcohol for human consumption
Natural Gas
Petrol
Select the correct answer using the code given below:
Correct
Solution: b.
Which are the commodities proposed to be kept outside the purview of GST?
Article 366(12A) of the Constitution as amended by 101st Constitutional Amendment Act, 2016 defines the Goods and Services tax (GST) as a tax on supply of goods or services or both, except supply of alcoholic liquor for human consumption. So alcohol for human consumption is kept out of GST by way of definition of GST in constitution.
Five petroleum products viz. petroleum crude, motor spirit (petrol), high speed diesel, natural gas and aviation turbine fuel have temporarily been kept out and GST Council shall decide the date from which they shall be included in GST.
Furthermore, electricity has been kept out of GST.
Which are the commodities proposed to be kept outside the purview of GST?
Article 366(12A) of the Constitution as amended by 101st Constitutional Amendment Act, 2016 defines the Goods and Services tax (GST) as a tax on supply of goods or services or both, except supply of alcoholic liquor for human consumption. So alcohol for human consumption is kept out of GST by way of definition of GST in constitution.
Five petroleum products viz. petroleum crude, motor spirit (petrol), high speed diesel, natural gas and aviation turbine fuel have temporarily been kept out and GST Council shall decide the date from which they shall be included in GST.
Furthermore, electricity has been kept out of GST.
The Regional Comprehensive Economic Partnership (RCEP) is an emerging trade pact among
Correct
Solution: d.
The negotiations for the FTA, officially known as the Regional Comprehensive Economic Partnership (RCEP), started in November 2012. It includes the 10 ASEAN member States and six nations that have existing FTAs with ASEAN – India, China, Australia, New Zealand, Japan and South Korea.
The negotiations for the FTA, officially known as the Regional Comprehensive Economic Partnership (RCEP), started in November 2012. It includes the 10 ASEAN member States and six nations that have existing FTAs with ASEAN – India, China, Australia, New Zealand, Japan and South Korea.
The chairman and members of the National Human Rights Commission (NHRC) are appointed by the President on the recommendation of a committee consisting of
Prime Minister
Speaker of the Lok Sabha
Deputy Chairman of the Rajya Sabha
Leader of the opposition in Lok Sabha
Leader of the opposition in Rajya Sabha
Union Home Minister
Select the correct answer using codes given below: