Q. Which is the first Indian Life Insurance Company to enable claims processing through Whats App ?
1) Aegon Life
2) Bharti AXA Life
3) HDFC Life
4) Life Insurance Corporation of India
Q. Which of the following statements is correct about Goods and Services Tax Network (GSTN) ?
I. The GSTN was incorporated as private Limited Company as a not-for-profit entity.
II. Union Cabinet cleared a proposal to convert GSTN into a government owned company.
III. Originally, the Union Government and State governments together hold 49% stake in GSTN.
IV. The remaining 51% is held by five private financial institutions-HDFC Ltd., HDFC Bank, ICICI Bank Ltd., NSE Strategic Investment Co. and LIC Housing Finance Ltd.
1) Only I is correct
2) Only II is correct
3) Only I, III and IV are correct
4) I, II, III and IV are correct
Q. Which of the following countries is not a member NAFTA ?
1) Panama
2) USA
3) Canada
4) Mexico
Q. Which currency is termed as the king of global finance ?
1) US Dollar
2) Sterling Pound
3) Chinese Renminbi
4) French Frank
Q. Prime Minister Narendra Modi announced a bonanza for MSME sector on the eve of Diwali. It includes :
I. Operationalisation of a dedicated portal for sanctioning loans upto Rs. 1 crore in 59 minutes.
II. All GST-registered MSMEs will qualify for a 2% interest subvention on fresh or incremental loans.
III. Public sector companies will compulsorily procure 25% of their purchase from MSMEs, 3 per cent must be reserved for women entrepreneurs.
IV. MSMES need file just one annual return for compliance with eight labour laws.
Correct code is -
1) Only I
2) Only II and IV
3) I, II, III and IV
4) Only III and IV
Q. Which of the following statements is correct about India's MSME sector ? According to the 73rd round of the National Sample Survey -
I. MSME sector contributes over 28 per cent in Gross Domestic Product.
II. MSME sector contributes over 48 per cent in India's exports.
III. MSME sector comprises 633.88 lakh units.
IV. MSME sector has created 11.10 crore jobs.
Correct code is -
1) Only I and II
2) Only III and IV
3) I, II, III and IV
4) Only III
Q. Which of the following statements is/ are incorrect about World Bank's Ease of Doing Business Ranking 2019 ?
1) A busines can be set up in a few hours in New Zealand
2) Slovenia is the cheapest place to get a business up and running
3) The US and South Korea were the only countries in the top 10 with a lower score in 2019 than last year
4) China's rank in 2019 is in the gorup of 50-100 rank
Q. India ranks 77th in World Bank's 'Ease of Doing Business' 2019. Which of the following statements is/ are correct in this regard ?
I. India has been recognized among the top ten improvers for the second consecutive year.
II. The top area of improvement for India was in dealing with construction permits (Its ranking improvsed to 52 in 2019 from 181 in 2018
III. India made little improvement in paying taxes, enforcing contracts, and protecting minority investors
IV. India is highest ranking country in South-Asia.
Correct code is -
1) I, II, III and IV are correct
2) Only IV is correct
3) Only I and III are correct
4) Only I is correct
Q. Which state government decided to provide Rs. 2 per Kg subsidy on onion sold from November 1, 2018 till December 15, 2018 ?
1) Maharashtra
2) Rajasthan
3) Madhya Pradesh
4) Gujarat
Q. 'Angel tax' issue was in forefront in December 2018. It was related to -
1) Start-ups
2) MSMEs
3) Insider Trading
4) Hedging
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