[Solution] – The 10 PM Daily Quiz – 4th May, 2016

We posted 7 questions in 10 PM Daily Quiz on 4th May, 2016. Thanks for the amazing response. These questions will help you polish concepts based on current affairs. In case you have not attempted them, please attempt them by clicking below.

Q.1) Consider the statements regarding National Health Protection Scheme (NHPS):

  1. Central government scheme announced this year’s budget.
  2. Under the scheme, health insurance cover of up to Rs.1 lakh per family will be given in case of serious illness of family members.
  3. An additional insurance cover of Rs. 30,000 will be provided for each senior citizen in the family.
  4. Government is planning to link registered mobile numbers in aadhar card to give benefit of this scheme to the beneficiaries.

Select the correct statements using the codes given below:

a) 1 and 2 only
b) 1 and 4 only
c) 1 2 and 3 only
d) All of the above statements are correct.

Answer d

Explanation: Click here


Q.2) What is UMANG?

a) It is a scheme of central government for girl child.
b) It is a scheme of central government for youth.
c)  It is a scheme of central government for physically challenged.
d) It is an app which will consolidate all central and state services under a single unified platform.

Answer d

Explanation: Click here


Q.3) Consider the statements about Manoranjitham a variety of mango found in Chittoor, Andhra pradesh:

  1. It has high quantity of vitamins.
  2. Helps fight night blindness.

Select the correct statements using the codes given below:

a) 1 only
b) 2 only
c) both are correct
d) neither are correct

Answer c

Explanation: click here


Q.4) Consider the statements:

  1. A confidence motion or trust vote is a procedure by which a government proves that it enjoys the confidence of the majority of the members of Lok Sabha.
  2. The Supreme Court asked the Centre to consider having a trust vote in the Uttarakhand Assembly.

Select the correct statements using the codes given below:

a) 1 only
b) 2 only
c) both are correct
d) neither are correct

Answer c

Explanation: click here


Q.5) Which of the following ports are found on the Eastern coast of India?

1. Haldia
2. Paradip
3. Ennore
4. Kochi
5. Jawahar Lal Nehru Port

Select the correct answer using the codes given below:
a) 1, 2 and 5 only
b) 2, 4 and 5 only
c) 1, 2 and 3 only
d) 2, 3 and 4 only

Answer-c

Explanation:- Ports on western coast:- Kandla, Mumbai, Jawahar Lal Nehru Port, Panaji, Marmagoa, Mangalore, Kochi.

Ports on eastern coast:- Tuticorin, Chennai, Ennore, Vishakhapatnam, Paradip, Haldia.


Q.6) As per the recent judgement by Supreme Court concerning taxability of tips, consider the following statements:

  1. Tips are taxable income.
    2. Tips constitute salary-income.

Select the correct statements using the codes given below:

a) 1 only
b) 2 only
c) Both are true
d) Neither is true

Answer-a

Explanation:- Judgement of the Court

  • Supreme Court held that since tips were received voluntarily from customers and employee-waiters had no vested right against the employer to claim any such amount, it did not constitute salary-income.
  • There is no dispute that tips are taxable income, but it is income from other sources, the court said.
  • According to the court, the employer merely acts in a fiduciary capacity as a trustee for payments that are received from customers, which they disburse to their employees for services rendered to the customer.
  • The employer, therefore, has no obligation to withhold tax on such payments made to employees, regardless of whether the tips are received directly in cash, or collected through credit card by employer, and subsequently disbursed to employees.

Q.7) Which of the following countries comprises United Kingdom?

1. England
2. Denmark
3. Ireland
4. Northern Ireland
5. Scotland
6. Wales

Select the correct statements using the codes given below:
a) 1, 3, 4 and 5
b) 1, 2, 4 and 6
c) 1, 3, 5 and 6
d) 1, 4, 5 and 6

Answer-d

Explanation:- The U.K. is made up of England, Scotland, Wales and Northern Ireland, is an island nation in northwestern Europe.


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