Editorials Quiz 2021-22
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Introducing yet another ingenious course, InsightsIAS is excited to announce our new initiative QUED – Questions from Editorials. Considering the number of questions that appeared from Editorials in previous year UPSC Prelims Examinations, we feel it is wise for students to cover Editorials from Prelims point of view as well in order to achieve that extra edge. Although, we have covered important editorials separately in our Editorial Section as well as under Secure Initiative, MCQ practice can prove to be crucial for better performance and guaranteed result.
We strongly recommend you at add QUED along with Static Quiz ,Current Affairs Quiz and RTM for your Daily MCQ practice.
We will be posting 5 MCQs at 11am everyday from Monday to Saturday on http://www.insightsonindia.com. QUED will be available under QUIZ menu.
We hope students utilize this initiative to the best of advantage. 🙂
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Question 1 of 5
1. Question
Which of the following are considered as direct taxes in India?
- Income Tax
- Corporation Tax
- Property Tax
- Gift Tax
- Service Tax
Select the correct answer code:
Correct
Solution: b)
A Direct tax is a kind of charge, which is imposed directly on the taxpayer and paid directly to the government by the persons (juristic or natural) on whom it is imposed. A direct tax is one that cannot be shifted by the taxpayer to someone else.
Service tax was an indirect tax levied by the government on services offered by service providers. Introduced under Section 65 of the Finance Act, 1994, service tax was on July 2017 replaced by Goods and Services Tax (GST), which subsumed the various types of indirect taxes.
Incorrect
Solution: b)
A Direct tax is a kind of charge, which is imposed directly on the taxpayer and paid directly to the government by the persons (juristic or natural) on whom it is imposed. A direct tax is one that cannot be shifted by the taxpayer to someone else.
Service tax was an indirect tax levied by the government on services offered by service providers. Introduced under Section 65 of the Finance Act, 1994, service tax was on July 2017 replaced by Goods and Services Tax (GST), which subsumed the various types of indirect taxes.
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Question 2 of 5
2. Question
The official committees that have estimated the number of people living in poverty in India are
- C Rangarajan committee
- Y K Alagh committee
- D T Lakdawala committee
- Suresh Tendulkar committee
Select the correct answer code:
Correct
Solution: d)
Six official committees have so far estimated the number of people living in poverty in India — the working group of 1962; V N Dandekar and N Rath in 1971; Y K Alagh in 1979; D T Lakdawala in 1993; Suresh Tendulkar in 2009; and C Rangarajan in 2014.
Incorrect
Solution: d)
Six official committees have so far estimated the number of people living in poverty in India — the working group of 1962; V N Dandekar and N Rath in 1971; Y K Alagh in 1979; D T Lakdawala in 1993; Suresh Tendulkar in 2009; and C Rangarajan in 2014.
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Question 3 of 5
3. Question
Consider the following statements.
- For those on Earth, Venus is the brightest object in the sky.
- Venus appears bright because of its thick cloud cover that reflects and scatters light.
- Venus is called the Earth’s twin because of their similar sizes.
Which of the above statements is/are correct?
Correct
Solution: b)
For those on Earth, Venus is the second-brightest object in the sky after the moon. It appears bright because of its thick cloud cover that reflects and scatters light. But while Venus, which is the second closest planet to the Sun, is called the Earth’s twin because of their similar sizes, the two planets have significant differences between them.
Incorrect
Solution: b)
For those on Earth, Venus is the second-brightest object in the sky after the moon. It appears bright because of its thick cloud cover that reflects and scatters light. But while Venus, which is the second closest planet to the Sun, is called the Earth’s twin because of their similar sizes, the two planets have significant differences between them.
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Question 4 of 5
4. Question
Consider the following statements.
- State governments raise their own funds largely through taxes on liquor, property, road and vehicles.
- Uttar Pradesh which has largest population, contributes maximum tax revenue to the Central Government.
- State governments get funds from the Central government according to the Finance Commission’s recommendations.
Which of the above statements is/are correct?
Correct
Solution: b)
State governments get funds from the Central government according to the Finance Commission’s recommendations.
State governments also raise their own funds largely through taxes on liquor, property, road and vehicles.
Maharashtra, Delhi and Karnataka contribute the lion’s share of taxes to the government. These three regions along with Tamil Nadu and Gujarat contribute 72% of the tax revenue. Uttar Pradesh, which has the largest population in India, contributes only 3.12% but gets over 17% of the revenue distributed by the Central government.
For every ₹100 contributed, southern States get about 51% from the Central government, whereas Bihar gets about 200%. The population growth rates in the south have come down to near zero, whereas the population in central and north India continues to grow. The cross subsidy from the south to the north will therefore grow.
Incorrect
Solution: b)
State governments get funds from the Central government according to the Finance Commission’s recommendations.
State governments also raise their own funds largely through taxes on liquor, property, road and vehicles.
Maharashtra, Delhi and Karnataka contribute the lion’s share of taxes to the government. These three regions along with Tamil Nadu and Gujarat contribute 72% of the tax revenue. Uttar Pradesh, which has the largest population in India, contributes only 3.12% but gets over 17% of the revenue distributed by the Central government.
For every ₹100 contributed, southern States get about 51% from the Central government, whereas Bihar gets about 200%. The population growth rates in the south have come down to near zero, whereas the population in central and north India continues to grow. The cross subsidy from the south to the north will therefore grow.
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Question 5 of 5
5. Question
Carbis Bay Declaration, recently seen in news is related to
Correct
Solution: d)
The G7 signed the Carbis Bay Declaration. It is aimed at preventing future pandemics.
Incorrect
Solution: d)
The G7 signed the Carbis Bay Declaration. It is aimed at preventing future pandemics.
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