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Lesson-6 IAS PT-2018 Indian Economy
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IAS PT-2018 Indian Economy questions analysis

Rishi Jain
MBA,PGDFM Author of Bhavishya Arthik Patrika(for Civil Services), worked in SBI group for 7 years, teaching indian economy to UPSC student

U
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  1. Back to Plus NEW] (Hindi) Foundation course on Economics for 2019 Rishi Jain o k followers 27th June to 13th August 2018 in this courne, Rishi Jain will comprehensively cover entire Indian Economy and elaborately explain topics, which will be helpful in GSS Paper-4 Indian Economy in Civil Service Exam The course will be conducted in Hindi and the notes will be provided in English 60 hours of live classes Private Discussion Forums Doubt clenring sessions and Live quizzes 7,500 includes 18GST Apply for this Plus Course O Last date to apply is 27th June Activate Wind About this course New Course launched. Introductory Price only for next 24 hours Live Sessions


  2. IAS PT-2018 22 questions from Indian Economy


  3. TOPICWISE . Banking-2 . Basic concept-3 . Scheme-2 Rbi-2 NPA-2 Act-2 Digital Payment-1 Money-1 International Org-1 Budget-1 Tax-1 BOP-1 Agriculture-2 Chronology-1


  4. to levy an equalization tax of 6% on onlir. e adve rt i ser en t services offered by non-resident entities hicn of the followirng statements is/are Correct It is introduced as a part of the NO1n-resident entities that offer advertisement ervicesin India ca r clair a tax. creci i t in their hone e country un der the Double Taxation Avoidance Agreements. Select the Correct answer using the code given below : CL l o1nly D)2 only Both 1 and2 c)Neither Z no2


  5. The term "Equalization Levy" also called "Google Tax" had made its first appearance in this year's budget documents. The Government has put a 6% equalization levy on the income accrued to a foreign E-commerce company which is not a resident of India. This would affect Google, Amazon, Facebook etc Any person or entity which makes a payment exceeding Rs 1 lakh in a financial year to a non-resident technology_company for some B2B (Business to Business Services needs to withhold 6% tax on the gross amount being paid as an equalisation levy. The conditions for this tax are as follows: This tax is applicable to B2B services and goods only and NOT on B2C (Business to Consumer) goods and services. The tax is applicable to only those companies which have no permanent establishment in India. The tax has to be withheld by the buyer and deposited by him to the government.


  6. Consider the following statements: 1.The quantity of imported edible oils is more than the domestic production of edible oils in the last five years 2. The Government does not impose any customs duty On all the imported edible oils as a special case. Which of the statements given above is are correct? (aonly 2 only aBoth 1 and 2 (c) Neither l nor 2


  7. Consider the following statements: 1- T.he Food Safety and Standards Act 2006 replaced the Prevention of Food Adulteration Act, 1954 The Food Safety and Standards Authority of India (FSSA) is under the charge of Director General of Health Services in the Union Ministry of Health and Family Welfare Which of the statements given above is/ are Correct ? (b)2 only (cBoth and 2 (c)Neither 1 nor 2


  8. Food Safety and Standards Authority of India (FSSAI) is an autonomous body established under the Ministry of Health & Family Welfare, Government of India. 3 The FSSAl has been established under the Food Safety and Standards Act, 2006 which is a consolidating statute related to food safety and regulation in India.3 FSSAl is responsible for protecting and promoting public healththrough the requlation and supervision of food safety.1 The FSSAl is headed by a non-executive Chairperson, appointed by the Central Government, either holding or has held the position of not below the rank of Secretary to the Government of India sin ndi San of odtay to te o The FSS Act took 8 older acts into one umbrella. Prevention of Food Adulteration Act, 1954 [16 Fruit Products Order, 1955 171 Meat Food Products Order, 1973 181 Vegetable Oil Products (Control) Order, 1947 Edible Oils Packaging (Regulation) Order 1988 [191 Solvent Extracted Oil, De- Oiled Meal and Edible Flour (Control) Order, 1967 121 Milk and Milk Products Order, 1992