Revision Test for Prelims- lesson-3 Presented By-Prabhakar Jha
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-16). Consider the following statements: -1. India recently signed a double taxation avoidance agreement with Hong Kong 2. DTAA are meant to make the country more attractive for foreign investors Which of the above statements are correct: a) 1 only .b) 2 only -c) Both 1 and 2 d) None
ANSWER-C -The DTAA, or Double Taxation Avoidance Agreement is a tax treaty signed between India and another country (or any two/multiple countries) so that taxpayers can avoid paying double taxes on their income earned from the source country as well as the residence country.
.17. The nature index is an index measuring: a) Which publishes tables based on counts of high-quality research outputs in the previous calendar year covering the natural sciences b) Climate degradation instances which were recorded in the past year c) Number of species which were declared endangered by country d) Rank in generation of carbon credits
ANSWER-A The Nature Index tracks the affiliations of high-quality scientific articles. Updated monthly, the Nature Index presents researclh outputs by institution and country
-18) Consider the following statements: -1.The index and the inequality report was released by the international NGO Oxfam and Development Finance lnternational 2. It measures the efforts of governments that had pledged to reduce inequality as part of the sustainable devel pment goals. 3. The index mainly focuses on redistributive actions governments can take, rather than those that would prevent rising inequality in the first place Which of the above statements are correct: -a) 1 and 2 b) 2 and 3 -c) 1, 2 and 3 -d) 1 and 3
ANSWER- India has been ranked 132nd among 152 nations in a new index tracking commitment to reducing income inequality, Sweden led the index while Nigeria remained the worst performer
-19). Consider the following statements: 1. Doing business report will now be assessed at the district level 2. India has not been able to improve its rank significantly in enforcement of contracts Which of the above statements are correct: a) 1 only .b) 2 only c) 1 and 2 only d) None
ANSWER-C -The ease of doing business index is an index created by Simeon Djankov at the World Bank Group. The academic research for the report was done jointly with professors Oliver Hart and Andrei Shleifer. Higher rankings (a low numerical value) indicate better, usually simpler, regulations for businesses and stronger protections of property rights. Empirical research funded by the World Bank to justify their work show that the economic growth impact of improving these regulations is strong
ANSWER-C -The Global Innovation Index (GII) is an annual ranking oi countries by their capacity for, and success in innovation. It is published by Cornell University, INSEAD, and the World Intellectual Property Organization, in partnership with other organisations and institutions, and is based on both subjective and objective data derived from several sources, including the International Telecommunication Union, the World Bank and the World Economic Forum. The index was started in 2007 by INSEAD and World Business, a British magazine. The GII is commonly used by corporate and government officials to compare countries by their level of innovation
ANSWER-C -Wassenaar Arrangement is a multilateral export control regime which aims for export controls for conventional arms and dual use good and technologies.
24) Consider the following statements 1.T.S.RSubramanian recommended Indian Education Service -a new civil service cadre as a part of new Education policy -2. Subramanian committee supported the teaching of English at the primary level. -Which of the following is/are correct? a) 1 only. -b) 2 only c) Both 1 and 2 d) None of the above
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