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10 PM Quiz: March 11, 2019
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- Question 1 of 6
1. Question
1 pointsWith reference to National Registry of Citizens, which of the following statements is incorrect about ‘Legacy data’ clause?
Correct
Only option d is incorrect. In case a person was unable to find her/his name in the legacy data, the administration allowed for 12 other documents that could be shown as evidence, provided they were granted before 24 March 1971.
Incorrect
Only option d is incorrect. In case a person was unable to find her/his name in the legacy data, the administration allowed for 12 other documents that could be shown as evidence, provided they were granted before 24 March 1971.
- Question 2 of 6
2. Question
1 pointsWhich of the following statements is correct about ‘Digital Detox app’, sometimes seen in news:
Correct
Service for Healthy Use of Technology (SHUT) clinic has developed a Digital Detox app that has been found to be effective in bringing about behavioural changes. The app, available on Google Play Store as ‘Digital Detox by Shut Clinic,’ requires you to register. Once you sign up, it tracks your pattern of mobile usage every week and offers self-help strategies.
It asks users to specify their addiction-related symptoms, such as sleep disturbance, eye strain, loneliness, boredom, or excess Facebook usage.
Incorrect
Service for Healthy Use of Technology (SHUT) clinic has developed a Digital Detox app that has been found to be effective in bringing about behavioural changes. The app, available on Google Play Store as ‘Digital Detox by Shut Clinic,’ requires you to register. Once you sign up, it tracks your pattern of mobile usage every week and offers self-help strategies.
It asks users to specify their addiction-related symptoms, such as sleep disturbance, eye strain, loneliness, boredom, or excess Facebook usage.
- Question 3 of 6
3. Question
1 pointsRecently, the Krushak Assistance for Livelihood and Income Augmentation (KALIA) scheme to accelerate agricultural prosperity and to reduce poverty has been launched in which of the following state?
Correct
Option b is correct answer.
Incorrect
Option b is correct answer.
- Question 4 of 6
4. Question
1 pointsConsider the following statements regarding ‘Angel tax’
1) It is a tax paid by an unlisted company on the total capital raised via issue of shares.
2) Start-ups including those received funding less than 10 crores from angel investors are exempt from it.
Which of the statements given above is/are correct?
Correct
Angel tax is a term used to refer to the income tax payable on capital raised by unlisted companies via issue of shares where the share price is seen in excess of the fair market value of the shares sold.
Startups, whose aggregate amount of paid up share capital and share premium does not exceed Rs 10 crore after the proposed issue of shares, are eligible for angel tax exemption.
Incorrect
Angel tax is a term used to refer to the income tax payable on capital raised by unlisted companies via issue of shares where the share price is seen in excess of the fair market value of the shares sold.
Startups, whose aggregate amount of paid up share capital and share premium does not exceed Rs 10 crore after the proposed issue of shares, are eligible for angel tax exemption.
- Question 5 of 6
5. Question
1 pointsTerm ‘F103’ has been in news news recently in reference to
Correct
The term ‘F103’ has been used for A Royal Bengal tigress. that strayed out of north-central Assam’s Orang National Park 16 months ago, had set off one of the biggest operations in the State to trap the big cat.
Incorrect
The term ‘F103’ has been used for A Royal Bengal tigress. that strayed out of north-central Assam’s Orang National Park 16 months ago, had set off one of the biggest operations in the State to trap the big cat.
- Question 6 of 6
6. Question
1 pointsConsider the following statements regarding resolution process under Insolvency and Bankruptcy Law
1) National Company Law Tribunal has to entertain or reject the application within 14 days of its receipt.
2) Both debtors and creditors can file an application for insolvency resolution.
Which of the statements given above is/are correct?
Correct
for resolution process the application of insolvency is submitted to the National Company Law Tribunal (NCLT) by anyone of Financial Creditor or Operational Creditor or Corporate Debtor himself.
the application for initiation of insolvency resolution must be admitted or rejected by NCLT within 14 days of application before it.
Incorrect
for resolution process the application of insolvency is submitted to the National Company Law Tribunal (NCLT) by anyone of Financial Creditor or Operational Creditor or Corporate Debtor himself.
the application for initiation of insolvency resolution must be admitted or rejected by NCLT within 14 days of application before it.
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