Deepanshu Singh is teaching live on Unacademy Plus
2 MCQ based on 29th November 2016 Current Affairs
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23 Consider the following statements regarding the recently introduced Taxation Laws (Second Amendment) Bill, 2016: 1. 1) It has been introduced to amend Income Tax Act 1961. 2) Taxation and Investment Regime for Pradhan Mantri Garib Kalyavn Yojana, 2016' (PMGKy) has been proposed in the Bill. 3) It is not a money bill Which of the following is/are correct? which of the follous a) 1 and 2 b) 2 and3 c) 1 ony d) 1, 2 and 3
23 Solution: A Explanation: o It is a money Bill
23 2. Consider the following statements regarding the amendments introduced in Taxation Laus (Second Amendment) Bill, 2016: 1) Undisclosed Income can be declared at a total tax rate of approx 60% 2) 75% tax and and possible penalty 10% tax on undisclosed income detected after last da 3) Person must deposit 75% of such declared income in interest free scheme for 4 years. Which of the following is/are incorrect? a) 1 and 2 b) 2 and 3 c) 3 onl d) 1, 2 and 3
23 Solution: C Explanation: Declarant must deposit 25% of such income in interest free scheme for 4 years.
23 3. Consider the following statements regarding Mahatma 3yothi Rao Phule, 1) He established Satyashodhak Samaj 2) He worked only in the field of women emancipation. 3) He started the first school for girls in India. Which of the following is/are correct? a) 1 and 2 b) 1 and 3 c) 3 only d) 1, 2 and 3
23 Solution: B Explanation o His work extended to many fields including eradication of untouchability and the caste system, women's emancipation and the reform of Hindu family life. o 3yothi Rao Phule's 126th death anniversary was recently held
23 4. Which of the following areas is Linear Infrastructure Intrusion associated with? a) Educational Institutions b) Villages with less than 1 Lakh population c) Environmental Ecosystems d) Cities with more than 1oo lakh population
6. Consider the following statements regarding Central Industrial Security Force(CISF), 1) They provide security cover to only Public Sector Undertakings (PSUs). 2) It uwas established by an act of the parliament 2) It wwas established by an act of the parliament 3) Ministry of Home Affairs is the governing body Which of the following is/are correct? a) 1 and 2 b) 2 and 3 c) 3 only d) 1, 2 and 3
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8. Consider the follouwing statements regarding the National Career Service(NCS), 1) It provides a variety of employment related services like job matching career counselling, vocational guidance, information on skill developmenb courses, etc 2) The Ministry of Labour and Employment launched the National Careen Service 3) Under the NCS Project 100 Model Career Centres (MCCs) are being established in collaboration with States and other institutions to deliver employment services. Which of the following is/are correct? a) 1 and 2 b) 2 and3 c) 1 only d) 1, 2 and 3
Solution: D Explanation: All the statements are correct.