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- Question
Which department has relaxed income tax rules in order to facilitate fundraising by start-ups which is a part of the 'Startup India Vision 2024'?
Options- A. Department for Promotion of Industry and Internal Trade (DPIIT)
- B. Department of Commerce
- C. Department of Heavy Industry
- D. Department of Export Promotion Council
- Correct Answer
- Department for Promotion of Industry and Internal Trade (DPIIT)
ExplanationThe Department for Promotion of Industry and Internal Trade (DPIIT) has brought relaxation in the income tax rules related to residential properties' sale and carry-forward of losses, in order to facilitate fundraising by start-ups.The relaxation laws are part of the 'Startup India Vision 2024' that's been prepared by the DPIIT.The DPIIT recommended amendments in Section 54GB of the Income Tax Act, that is, capital gain on transfer of residential property not to be charged in certain cases and Section 79 that states, carry forward and set off of losses would be done for specific companies.The DPIIT has proposed to reduce shareholding requirements of founders from 50% to 20% and compulsory tenure from 5 years to 3 years. iv. Start-up promoters need to hold 100% shares for carrying forward of losses. - 1. Where did India's first natural Ice Cafe located?
Options- A. Himchal Pradesh
- B. J&K
- C. Sikkim
- D. Arunachal Pradesh Discuss
- 2. ISRO Launches PSLV C-45 Carrying EMISAT with how many Nano satellite?
Options- A. 28
- B. 12
- C. 25
- D. 32 Discuss
- 3. The book "An Unsuitable Boy" is the autobiography of which Indian personality?
Options- A. Twinkle Khanna
- B. Rishi Kapoor
- C. Rahul Bose
- D. Karan Johar Discuss
- 4. The Union Government has launched RUSA portal to act as a one-stop for States' Higher Education Plans. What does 'RUSA' stands for?
Options- A. Rashtriya Uchchatar Shiksha Abhiyan
- B. Rashtriya Uttam Shiksha Abhiyan
- C. Rashtriya Unmukht Shiksha Abhiyan
- D. Rashtriya Unnatsheel Shiksha Abhiyan Discuss
- 5. The Ministry of Finance has started which series on Twitter to educate general public about the budgetary process?
Options- A. Know Budgetary Process
- B. Know Your Economy
- C. Know Your Budget
- D. Know Making of Budget Discuss
- 6. Name the city which is choosed by Facebook as base for WhatsApp Pay as the centre for rolling WhatsApp Pay globally.
Options- A. Dubai
- B. New York
- C. London
- D. Berlin Discuss
- 7. Who won the Man Booker International Prize recently?
Options- A. Amos Klausner
- B. Leah Rabin
- C. David Grossman
- D. Eliyahu M. Goldratt Discuss
- 8. What state CM launched Mukhyamantri Anchal Amrit Yojana for anganwadi children?
Options- A. Uttarakhand
- B. Rajasthan
- C. Gujarat
- D. Uttar Pradesh Discuss
- 9. Name the country which has agreed to strengthen economic co-operation with India.
Options- A. Japan
- B. US
- C. Netherland
- D. Russia Discuss
- 10. Name the country which won the Sultan Azlan Shah Cup 2019.
Options- A. Malaysia
- B. India
- C. South Korea
- D. Canada Discuss
More questions
Correct Answer: J&K
Explanation:
India's first natural Ice Cafe has started at a height of 14,000 feet in Leh, Ladakh at J&K. The ice cafe is located on the Manali-Leh Highway. It is created by natural process by the Border Road Organisation (BRO) officials, with the help of some locals during winters. It is built in the shape of a mound with the purpose of saving water in winter and using it later for irrigation purposes when the ice melts in spring. The cafe utilises the same concept as used by Sonam Wangchuk for his ice stupa project in Ladakh and has been attracting a large number of tourists.
Correct Answer: 28
Explanation:
The Indian Space Research Organisation (ISRO) has launched a Defence Intelligence Satellite, EMISAT in its 47th Polar Satellite Launch Vehicle (PSLV) mission, along with 28 other customer satellites, onboard the advanced PSLV-C45 Rocket. The PSLV C45 was launched from ISRO's Satish Dhawan Space Centre in Sriharikota. It is the first time ISRO is launching satellites in three different orbits. Along with that, the PSLV-C45 launch vehicle is also the first PSLV rocket to use four strap-on motors.
Correct Answer: Karan Johar
Correct Answer: Rashtriya Uchchatar Shiksha Abhiyan
Correct Answer: Know Your Budget
Explanation:
The Union Ministry of Finance has started 'Know Your Budget' fortnight series on its Twitter handle to educate general public about the budgetary process. The series would explain the importance of Union Budget and its making, and would continue for about a fortnight. In the first series of tweets, the Ministry explained the terms - Union Budget and Vote on Account. These are as follows: The Budget is the most comprehensive report of the government's finances in which revenues from all sources and outlays for all activities are consolidated. The Budget also contains estimates of the government's accounts for the next fiscal year called Budget estimates. The Vote on Account is defined as a grant made in advance by Parliament for expenditure for a part of the next financial year.
Correct Answer: London
Explanation:
Social media giant Facebook chose London as the centre for rolling out digital payments service WhatsApp Pay globally. With this move, WhatsApp, a cross-platform mobile messaging application, is expected to hire more staff to manage the payments service. Currently, WhatsApp has around 400 employees globally.
Correct Answer: David Grossman
Explanation:
Israeli author David Grossman won the Man Booker International Prize for his novel "A Horse Walks Into a Bar". He is the first Israeli author to win the Man Booker International Prize.
Correct Answer: Uttarakhand
Explanation:
Mukhyamantri Anchal Amrit Yojana was launched in Dehradun by Uttarakhand Chief Minister Trivendra Singh Rawat. The scheme aims to provide 100 ml milk twice a week, free of cost, to 2.5 lakh children at 20,000 Anganwadi kendras of Uttarakhand. Flavoured, sweet, skimmed milk powder will be provided to these children.
Correct Answer: US
Explanation:
India and the United States have agreed to strengthen economic co-operation and bilateral trade by ensuring greater collaboration amongst stakeholders, including government, businesses and entrepreneurs.
Correct Answer: South Korea
Explanation:
India was defeated by the South Korea in the penalty shootout of the final of Sultan Azlan Shah Cup 2019. 17th Ranked South Korea defeated World number 5, India to won the Sultan Azlan Shah Cup which was held at Azlan Shah Stadium in Ipoh, Malaysia.
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