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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. Which country tops in the latest FIFA world football rankings?
Options- A. Spain
- B. Belgium
- C. France
- D. Switzerland Discuss
- 2. Who won the Gandhi Peace Prize for the year 2018?
Options- A. Akshaya Patra Foundation
- B. Shri Yohei Sasakawa
- C. Ekal Abhiyan Trust
- D. Vivekananda Kendra Discuss
- 3. Which team has emerged as champions of the 2nd edition of Hero Super Cup 2019?
Options- A. FC Goa
- B. Chennaiyin FC
- C. Bengaluru FC
- D. Jamshedpur FC Discuss
- 4. When was the International Day of Human Space Flight observed?
Options- A. 11th April
- B. 9th April
- C. 10th April
- D. 12th April Discuss
- 5. Name the Indian-orgin journalist who conferred with V K Krishna Menon Award 2019 in UK?
Options- A. Deepak Chaurasia
- B. Shekhar Gupta
- C. Rajdeep Sardesai
- D. G D Robert Govender Discuss
- 6. Which city is the venue of the ICT Academy Bridge 2019 conference?
Options- A. Jaipur
- B. New Delhi
- C. Pune
- D. Chennai Discuss
- 7. Name the enzyme discovered by Center for Cell and Molecular Biology (CCMB) scientists which helps to cut bacterial cell walls.
Options- A. Xanthine dehydrogenase
- B. Ribonucleotide reductase
- C. Firefly luciferase EC
- D. Murein EndopeptidiaseK Discuss
- 8. India, World Bank and representative of how many states sighned an loan agreement for the Dam Rehabilitation and Improvement Project (DRIP)?
Options- A. 3
- B. 12
- C. 5
- D. 8 Discuss
- 9. When did the International Day of Forests celebrated?
Options- A. 16 March
- B. 18 March
- C. 22 March
- D. 21 March Discuss
- 10. Where did the first ever High-Level Dialogue on Indo-Pacific Cooperation (HLD-IPC) held?
Options- A. Surabaya
- B. Bandung
- C. Jakarta
- D. Medan Discuss
More questions
Correct Answer: Belgium
Explanation:
Belgium continues to dominate the charts with 1737 points. The top three positions are unchanged with World Cup winner France in second spot ahead of Brazil, in third. England rose above Croatia, to reach No 4 this month. Indian football team gained two places to rise to 101 in the FIFA rankings. FIFA rankings: 1. Belgium 2. France 3. Brazil 4. England (+A) 5. Croatia (-A) 6. Uruguay (+A) 7. Portugal (-A) 8. Switzerland 9. Spain 10. Denmark.
Correct Answer: Shri Yohei Sasakawa
Explanation:
Shri Yohei Sasakawa won the Gandhi Peace Prize for the year 2018 for his contribution in Leprosy Eradication in India and across the world.
Correct Answer: FC Goa
Explanation:
FC Goa, nicknamed as 'Gaurs', emerged as champions of the 2nd edition of Hero Super Cup 2019 after beating Chennaiyin FC 2-1 at the Kalinka Stadium in Bhubaneswar. Goa lifted their first ever Trophy.19 year old Goa Goal keeper Mohammad Nawaz has been named as Hero of the Match. In six years of existence, FC Goa accounted for two Indian Super League semi-finals and two finals and then in their first Super Cup final, they conquered their first trophy.
Correct Answer: 12th April
Explanation:
The International Day of Human Space Flight was observed across the world. The day marks the anniversary of the first ever human space flight undertaken by Yuri Gagarin, a Soviet citizen on April 12, 1961. This day is also celebrated as 'Cosmonautics Day' in Russia since 1963. Gagarin's Vostok 1 space flight executed one orbit around the Earth over 108 minutes and the spacecraft was propelled by Vostok-K launch vehicle.The day was initiated in 2011 by United Nations through resolution, A/RES/65/271.
Correct Answer: G D Robert Govender
Explanation:
Indian -origin journalist G D 'Robert' Govender conferred with V K Krishna Menon Award 2019 in UK for his contribution as a pioneer of decolonised journalism. The award is given to mark the 123rd birth anniversary of V K Krishna Menon, Indian diplomat and politician. Govender is the first person who has been awarded the V K Krishna Menon posthumously. He had died in the UK in 2016. Govender was the first journalist who called for an international boycott of South Africa's sports team which only had whites as their members.
Correct Answer: Chennai
Explanation:
In Tamil Nadu, the 37th edition of the ICT Academy Bridge 2019 conference was held in Chennai with theme "Fostering India for Industry 4.0".
Correct Answer: Murein EndopeptidiaseK
Explanation:
The Center for Cell and Molecular Biology (CCMB) scientists have discovered a new enzyme called "Murein EndopeptidiaseK" while studying the cell growth in bacteria. This new discovery has paved the way for a new drug treatment that prevents anti-bacterial resistance by existing antibiotics.It would act on the protein of cell wall in Escherichia coli (E. coli), a bacterium found in the lower intestine of warm-blooded organisms.Pavan Kumar Chodisetti, research student and his mentor Dr. Manjula Reddy were the backbone of this discovery. The finding has been published in the latest issue of Proceedings of National Academy of Sciences, USA.
Correct Answer: 5
Explanation:
The World Bank, the Government of India and representatives of 5 States of Government of India and Implementing Agencies signed in New Delhi the Loan Agreement for Additional Financing of $137 Million for the Dam Rehabilitation and Improvement Project (DRIP). This agreement will help rehabilitate and modernize over 220 selected large dams in the States of Karnataka, Kerala, Madhya Pradesh, Odisha, Tamil Nadu and Uttarakhand. The $137 Million Loan from the International Bank for Reconstruction and Development (IBRD), has a 3-year grace period, and a final maturity of 16 years.
Correct Answer: 21 March
Explanation:
The International Day of Forests is held annually on 21 March to raise awareness of the importance of forests to people and their vital role in poverty eradication, environmental sustainability and food security. The theme for 2019 is Forests and Education. The United Nations General Assembly adopted a resolution on 21 December 2012, which declared that 21 March of each year is to be observed as the International Day of Forests.
Correct Answer: Jakarta
Explanation:
The Government of Indonesia has hosted the first ever High-Level Dialogue on Indo-Pacific Cooperation (HLD-IPC) in its capital city Jakarta. The theme of the HLD was 'Towards a Peaceful, Prosperous, and Inclusive Region'. It was inaugurated by Indonesia's Vice President Jusuf Kalla. The objective behind this meet was to urge all participating governments to talk openly about their plans for increasing cooperation and for building trust in the Pacific Ocean and the Indian Ocean region.
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