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Session 11 : July 2018 Mock Test
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Sumant Kumar
B.Tech NIT Allahabad. Have written UPSC Mains 2 times with Physics. Channel "Sumant Kumar" on Youtube for Current Affairs Analysis.

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  1. Index of Eight Core Industries register 3.6% growth in May 2018 Index of Eight Core Industries is released by a)Ministry of Commerce and Industry b)Ministry of Finance c) Niti Aayog d)None of the above


  2. Index of Eight Core industries register 3.6% growth in May 2018 Index of Eight Core Industries is released by a)Ministry of Commerce and Industry b)Ministry of Finance c) Niti Aayog d)None of the above According to Index of Eight Core Industries released by Ministry of Commerce and Industry, the growth of eight core infrastructure industries has dropped to 10-month low of 3.6% in May 2018 due to decline in production of crude oil and natural gas,


  3. Which of the following statements is/are correct wrt Core industries: 1)These particular industry are backbone of all other industries. 2)In India, there are eight core sectors comprising of coal, crude oil, natural gas, petroleum refinery products, fertilisers, steel, cement and electricity. 3)The eight infrastructure sectors, constitute 40.27% of the total IIP. Select the correct answer using the codes given below: Codes: (a) 1 and 2 only (b) 1 and 3 only (c) 2 and 3 only (d) 1, 2 and 3


  4. Which of the following statements is/are correct wrt Core industries: Core industries Core industries can be defined 1)These particular industry are backbone of all otheras main or key industries of the industries. econom most countries, these particular industry are backbone of all other industries. 2)In India, there are eight core sectors comprising of coal, crude oil, natural gas, petroleum refinery products, fertilisers, steel, cement and electricity. 3)The eight infrastructure sectors, constitute 40.27% Din India, there are eight core sectors comprising of coal crude oil, natural gas, petroleum refineryv products, fertilisers steel, cement and electricit The eight infrastructure sectors, constitute 40.27% of the total index of industrial production (IIP) of the total IIP, Select the correct answer using the codes given below: Codes: (a) 1 and 2 only (b) 1 and 3 only (c) 2 and 3 only (d) 1, 2 and 3 Answer: D


  5. Revised weightage in core sectors: Petroleum Refinery production (weight: 28.04%) &Electricity generation (19.85%) Steel production (17.92%) Coal production (10.33%) Crude Oil production (8.98%) Natural Gas production (6.88%) *Cement production (5.37% *Fertilizers production (2.63%).


  6. NATIONAL Tax department launches 'instant' PAN card service PRESS TRUST OF INDIA NEW DELHI, JULY 02, 2018 00:00 IST UPDATED: JULY 02, 2018 05:05 1ST The Income Tax Department has launched instant Aadhaar-based e-PAN allotment service for individuals seeking PAN (Permanent Account Number) service for the first time. OThis facility is free of cost and is available for a limited period on first-come, first-served basis for valid Aadhaar holders. It was introduced because of increasing number of people applying for PAN. Aadhaar number of a person This facility is only for resident individuals and not for Hindu Undivided Family (HUF), firms, trusts OThe e-PAN will be allotted on basis of one-time password (OTP) sent on mobile number linked to OIt will have the same name, date of birth, gender, mobile number and address as in Aadhaar. and companies," O Once e-PAN is allotted to applicant through his electronic Aadhaar-based verification system in few seconds, the applicant will be sent the PAN card by post


  7. Which of the following statements is/are correct wrt Permanent Account Number (PAN) 1)PAN is a ten-digit alphanumeric number. 2)It is issued by the Income Tax Department of India in form of a laminated tamper proof card Which of the statement(s) given above is/are correct: (a) 1 only (b) 2 only (c) Both 1 and 2 (d) Neither 1 nor 2


  8. Which of the following statements is/are correct wrt Permanent Account Number (PAN) Permanent Account Number (PAN) 1)PAN is a ten-digit alphanumeric number, issued by the Income 1)PAN is a ten-digit alphanumeric number. 2)It is issued by the Income Tax Departmentof a laminated tamper proof Tax Department of India in form of India in form of a laminated tamper proof card card 2)lt was introduced to facilitates Which of the statement(s) given above is/arelinking of various documents, correct: (a) 1 only (b) 2 only (c) Both 1 and 2 (d) Neither 1 nor 2 Answer: C including payment of taxes assessment, tax demand, tax arrears etc. relating to an assesses for widening of tax base and detecting and combating tax evasion


  9. Which of the following is/are purpose of Permanent Account Number (PAN) 1)To facilitates linking of various documents, including payment of taxes, assessment, tax demand, tax arrears etc 2)For widening of tax base and detecting and combating tax evasion. 3)To facilitate easy retrieval of information and facilitate matching of information relating to investment, raising of loans and other business activities of taxpayers collected through various sources, both internal as well as external Select the correct answer using the codes given below: Codes (a) 1 and 2 only (b) 1 and 3 only (c) 2 and 3 only (d) 1, 2 and 3


  10. Which of the following is/are purpose of Permanent Account Number (PAN) Permanent Account Number (PAN) 1)lt was introduced to facilitates 1)To facilitates linking of various documents, including linking of various documents including pavment of taxes assessment, tax demand, tax arrears etc. relating to an assesses for widening of tax base and detecting and combating tax evasion payment of taxes, assessment, tax demand, tax arrears etc. 2)For widening of tax base and detecting and combating tax evasion 3)To facilitate easy retrieval of information and facilitate matching of information relating to investment, raising of loans and other business activities of taxpayers collected through various sources, both internal as well as external 2)Its purpose is to facilitate easy Select the correct answer using the codes given below: Codes: (a) 1 and 2 only (b) 1 and 3 only (c) 2 and 3 only (d) 1, 2 and 3 Answer: D retrieval of information and facilitate matching of information relating to investment, raising of loans and other business activities of taxpayers collected through various sources, both internal as well as external.


  11. Permanent Account Number (PAN) Which of the following statements is/are correct wrt Permanent Account Number (PAN) 1)PAN is unique to individual or entity and 2)Once allotted to individual or entity, it is within or across states in India or other it is valid across India. 1)PAN is unique to individual or unaffected by change of name, address entity. factors. 2)lt is valid across India. Which of the statement(s) given 3)lt enables department to link all above is/are correct: (a) 1 only (b) 2 only (c) Both 1 and 2 (d) Neither 1 nor 2 Answer: C transactions of person with IT Department.


  12. Which of the following statements is/are correct wrt Permanent Account Number (PAN) Permanent Account Number (PAN) 1)PAN is unique to individual or entity and it is valid across India 1)Once allotted to individual or entity, it is 2)Once allotted to individual or entity, it is unaffected by change of name, address within or across states in India or other factors. unaffected by change of name, addres:s within or across states in India or other factors. 2)lt enables department to link all 3)lt enables department to link all transactions of person with IT Department. transactions of person with IT Department. Which of the statement(s) given above is/are correct: (a) 1 only (b) 2 only (c) Both 1 and 2 (d) Neither 1 nor 2 Answer: C