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10 PM Quiz: October 5
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- Question 1 of 6
1. Question
1 pointsWhich of the statement is incorrect about Goods and Service Tax Network (GSTN)
Correct
Statement a is correct as the Goods and Service Tax Network (or GSTN) is a non-profit, non-government organization.
Statement b is correct as GSTN will manage the entire IT system of the GST portal, which is the mother database for everything GST.
Statement c is incorrect Private players own 51% share in the GSTN, and the rest is owned by the government. The authorized capital of the GSTN is ₹10 crore (US$1.6 million), of which 49% of the shares are divided equally between the Central and State governments, and the remaining is with private banks.
Statement d is correctIncorrect
Statement a is correct as the Goods and Service Tax Network (or GSTN) is a non-profit, non-government organization.
Statement b is correct as GSTN will manage the entire IT system of the GST portal, which is the mother database for everything GST.
Statement c is incorrect Private players own 51% share in the GSTN, and the rest is owned by the government. The authorized capital of the GSTN is ₹10 crore (US$1.6 million), of which 49% of the shares are divided equally between the Central and State governments, and the remaining is with private banks.
Statement d is correct - Question 2 of 6
2. Question
1 pointsWith reference to ‘International Labour Organization(ILO)’, recently in news, consider the following statements.
1. The International Labour Organization (ILO) is a United Nations agency.
2. The ILO has 151 member states.Which of the above statement is/are correct?
Correct
Statement 1 is correct. The International Labour Organization (ILO) is a United Nations agency dealing with labour problems, particularly international labour standards, social protection, and work opportunities for all.
Statement 2 is incorrect. The ILO has 187 member states: 186 of the 193 UN member states plus the Cook Islands are members of the ILO.
Incorrect
Statement 1 is correct. The International Labour Organization (ILO) is a United Nations agency dealing with labour problems, particularly international labour standards, social protection, and work opportunities for all.
Statement 2 is incorrect. The ILO has 187 member states: 186 of the 193 UN member states plus the Cook Islands are members of the ILO.
- Question 3 of 6
3. Question
1 pointsRecently, Niti Aayog has launched the Ease of doing business report’. Which of the following statement is/are correct in this context?
1. India has been ranked at 131st position among the 190 countries.
2. India’s ranking s highest among the BRICS nationsSelect the correct answer using the code given below:
Correct
Statement 1 is incorrect. According to the latest report of World Bank’s ease of doing business index for the year 2017, India has been ranked at 130th position among the 190 countries.
Statement 2 is correct. India ranks lowest in Doing Business among the BRICS nations. Russia (40), South Africa (74), China (78), Brazil (123) and India (130).Incorrect
Statement 1 is incorrect. According to the latest report of World Bank’s ease of doing business index for the year 2017, India has been ranked at 130th position among the 190 countries.
Statement 2 is correct. India ranks lowest in Doing Business among the BRICS nations. Russia (40), South Africa (74), China (78), Brazil (123) and India (130). - Question 4 of 6
4. Question
1 pointsQ) 4. With respect to Green buildings, consider the following statements:
1.Green buildings are operated to reduce the overall impact of the built environment on human health and the natural environment.
2.The green buildings efficiently use energy, water, and other resources to reduce waste, pollution and environmental degradation.
Which of the following statement(s) is/are incorrect?Correct
Both the statements are correct.
The objective of a green building design is to reduce the demand on non-renewable resources, maximize the utilization efficiency of these resources, when in use, and, maximize the reuse, recycling, and utilization of renewable resources.
Besides a Green Building has tremendous environmental benefits and provides a better place for the occupants to live and work in. So the main challenge of a green building is to achieve all its benefits at an affordable cost.
Incorrect
Both the statements are correct.
The objective of a green building design is to reduce the demand on non-renewable resources, maximize the utilization efficiency of these resources, when in use, and, maximize the reuse, recycling, and utilization of renewable resources.
Besides a Green Building has tremendous environmental benefits and provides a better place for the occupants to live and work in. So the main challenge of a green building is to achieve all its benefits at an affordable cost.
- Question 5 of 6
5. Question
1 pointsGujarat’s Sujalam Sufalam Yojana’ recently in news, aims to cater:
Correct
The ambitious project aims at finding a permanent solution to the water problem, particularly in drought-prone areas, doubling the farmers’ income and improving the rural economy of the state, would be completed in a time-bound manner by December 2005.
The project, prepared after a detailed survey of the available water resources in the state, would usher in the “second green revolution”.Incorrect
The ambitious project aims at finding a permanent solution to the water problem, particularly in drought-prone areas, doubling the farmers’ income and improving the rural economy of the state, would be completed in a time-bound manner by December 2005.
The project, prepared after a detailed survey of the available water resources in the state, would usher in the “second green revolution”. - Question 6 of 6
6. Question
1 pointsWith regard to the purpose and role of SEBI, consider the following statements:
- 1.It provides a market place exclusively for the sale of the agricultural produce
- It provides accurate and correct information to the investors.
- It regulates the activities of stock exchange.
Which of the above statement(s) is/are correct?
Correct
SEBI provides a market place for the issuers in which they can raise finance fairly and easily. It does not make any provision for the sale of the agricultural produce.
Hence, statement 1 is incorrect.
The other two statements are correct.Incorrect
SEBI provides a market place for the issuers in which they can raise finance fairly and easily. It does not make any provision for the sale of the agricultural produce.
Hence, statement 1 is incorrect.
The other two statements are correct.
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