UPSC Quiz- 2019 : IASbaba’s Daily Current

Affairs Quiz [Day 98]

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Q.1) Consider the following statements with respect to ‘Significant Economic Presence (SEP)’

1. The Finance Act, 2018 introduced the concept of SEP in the Income-tax Act, 1961 (the Act)
2. It provided that the SEP of a non-resident in India will constitute its business connection in India.

Select the correct code:

1. 1 Only
2. 2 Only
3. Both 1 and 2
4. Neither 1 nor 2

Q.2) ‘Living Planet Report’ is released by

1. United Nations Environment Programme
2. World Commission on Environment
3. World Wildlife Fund
4. None of the above

Q.3) Which of the following statements is/are correct?

1. National Crime Records Bureau (NCRB) is attached to Ministry of Home Affairs
2. Crime and Criminal Tracking Networks and Systems (CCTNS) is being implemented by the NCRB

Select the correct code:

1. 1 Only
2. 2 Only
3. Both 1 and 2
4. Neither 1 nor 2

Q.4) Consider the following statements with respect to ‘Electoral Bond Scheme 2018’

1. Registered political parties that have secured not less than 1 per cent of the votes polled in the last election of the Lok Sabha or legislative assembly will be eligible to receive electoral bonds.
2. Electoral bonds may be purchased by a person, who is a citizen of India or entities incorporated or established in India
3. State Bank of India (SBI) is the only authorised bank to issue such bonds.

Select the correct statements

1. 1 and 2
2. 2 and 3
3. 1 and 3
4. All of the above

Q.5) ‘Vrindavani Vastra’ was in news recently. It is related which of the following states?

1. Uttar Pradesh
2. Gujarat
3. Assam
4. Madhya Pradesh

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All the Best 

IASbaba