logo

CuriousTab

CuriousTab

Discussion


Home Current Affairs National See What Others Are Saying!
  • Question
  • Which of the following act was approved by the President Ram Nath Kovind, recently?


  • Options
  • A. Age of Consent Act, 1891
  • B. Indian Institutes of Management Act, 2017
  • C. Care and Protection of Children Act, 2015
  • D. Indian Stamp Act, 1899

  • Correct Answer
  • Indian Stamp Act, 1899 

    Explanation
    President Ram Nath Kovind gave his assent to the amendments to the Indian Stamp Act, 1899,which were introduced in the Parliament as part of the Finance Act 2019. These amendments have been introduced to regularise the system of levying stamp duty and to help in curbing tax evasion. For the stamp duty rates, the duties levied by Maharashtra will be taken as a benchmark as the state accounts for 70% of the total collection. They propose creation of a legal and institutional mechanism which will enable states to collect stamp duty on securities market instruments at one place by one agency(through the Stock Exchanges or Clearing Corporations authorised by the stock exchange or by the Depositories). They also propose a mechanism for appropriate sharing of the stamp duty with relevant state governments on the basis of state of domicile of the buying client.

  • More questions

    • 1. Name the country which has agreed to strengthen economic co-operation with India.

    • Options
    • A. Japan
    • B. US
    • C. Netherland
    • D. Russia
    • Discuss
    • 2. Name the country which won the Sultan Azlan Shah Cup 2019.

    • Options
    • A. Malaysia
    • B. India
    • C. South Korea
    • D. Canada
    • Discuss
    • 3. Which of the following movies won the 74th Golden Globes Best Motion Picture Award in the Drama category?

    • Options
    • A. La La Land
    • B. Moonlight
    • C. Nocturnal Animals
    • D. Fences
    • Discuss
    • 4. Which bank has reduced its benchmark lending rate by 0.05% points?

    • Options
    • A. Syndicate Bank
    • B. Union Bank of India
    • C. Allahabad Bank
    • D. Bank of India
    • Discuss
    • 5. The Union Government in recent past revised the Mode of Moderation and Memorandum of Understanding to establish the Border Haats with this country.

    • Options
    • A. Myanmar
    • B. Nepal
    • C. Bangladesh
    • D. Sri Lanka
    • Discuss
    • 6. Former Union Minister, Akhilesh Das Gupta passed away in Lucknow, Uttar Pradesh on 12 April 2017, after suffering from a heart attack. Which party did he serve under in the government?

    • Options
    • A. Bharatiya Janata Party
    • B. Congress Party
    • C. Samajwadi Party
    • D. Bahujan Samajh Party
    • Discuss
    • 7. Which film has won the Golden Bear Award at the 67th Berlin International Film Festival-2017?

    • Options
    • A. Bright Nights
    • B. The Other Side of Hope
    • C. On Body and Soul
    • D. Close Knit
    • Discuss
    • 8. Who is the author of the book "Mr and Mrs Jinnah: The Marriage that Shook India"?

    • Options
    • A. Teesta Setalvad
    • B. Bertil Falk
    • C. Sheela Redddy
    • D. Audrey Truschke
    • Discuss
    • 9. Name the Bank which became the second largest public sector undertaking (PSU) bank.

    • Options
    • A. Axis Bank
    • B. Bank of Baroda
    • C. Union Bank of India
    • D. Dena Bank
    • Discuss
    • 10. As per an announcement by the Union Government, India's nuclear power generation capacity will be tripled by

    • Options
    • A. 2021
    • B. 2022
    • C. 2023
    • D. 2024
    • Discuss


    Comments

    There are no comments.

Enter a new Comment