Q. Which of the following statements is correct about the '100 Days 100 Pays' campaign?
1) Commercial banks will trace and settle the top 100 unclaimed deposits in every district within 100 days
2) 100 beneficiaries of Scheduled Caste/Schedule Tribes will be paid demand loan upto ₹10000 within 100 days
3) It is related to the recovery of bad debts
4) None of the above
Q. Which of the following statements is incorrect about the recommendations of the Trun Kapur Committee?
1) India should ban the use of diesel-powered four-wheeler vehicles by 2027 in cities with more than a million people and polluted towns
2) By 2030, no city buses should be added which are not electric
3) Diesel buses for city transport should not be added from 2024 onwards
4) New registrations of only electric-powered city delivery vehicles should be allowed from 2030
Q. Which of the following statements is incorrect about Ajay Banga, the new President of the World Bank?
1) He took over the charge as the 14th President of the World Bank on June 2, 2023
2) He is the US citizen of Indian origin
3) He is an Indian Citizen
4) The Padma Shri was Award to him by the President of India in 2016
Q. As per the provisional data released by the NSO IIP based growth rate of industrial production during the FY 2022-23 is reported as -
1) 5.1%
2) 11.6%
3) 3.4%
4) 12.6%
Q. India's exports to which of the following regions did not increase during the FY 2022-23?
1) North America
2) Northeast Asia
3) European Union
4) Latin America
Q. Which of the following statements is incorrect about Angel Tax?
1) Angel tax requires start-ups to pay income tax on capital received at a premium to their fair valuation
2) The excess of funds raised by an unlisted company at prices above fair value is treated as income, on which tax is levied
3) Angel tax applies to resident Indian investors only
4) Investments over and above the fair market value are taxed at 22.88%
Q. Who among the following is the new Chairperson of the Competition Commission of India?
1) Ashok Kumar Gupta
2) Sangita Verma
3) Ravneet Kaur
4) Avanish Awasthi
Q. The Competition Commission of India has set up its regional offices at-
I. Mumbai
II. Ahmedabad
III. Chennai
IV. Kolkata
V. Bhopal
Correct code is -
1) Only I, II, and III
2) Only II, III, and IV
3) Only I, III, and IV
4) All I, II, III, IV, and V
Q. Applications of Quantum technology is/ are -
I. Cryptography, drug discovery, and Material Science.
II. Ultra-secure transmission of data
III. GPS navigation, telecommunication, and fundamental physics research
IV. Energy storage and superconductivity.
The correct code is -
1) Only I, and II
2) Only II, and III
3) Only I, III, and IV
4) All I, II, III, and IV
Q. Consider the following facts about the Foreign Exchange Management Act (FEMA) 1999 -
I. FEMA was enacted as a reform over the Foreign Exchange Regulation Act (FERA) 1973.
II. FEMA came into force on the 1st day of June 2000.
III. Violations of FEMA provisions are punishable only in monetary terms.
Which of the above statements is/are correct?
1) Only I, and II
2) Only II, and III
3) Only II
4) All I, II, and III
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