Discussion
Home ‣ Current Affairs ‣ Economy See What Others Are Saying!
- Question
What is the new rate slashed by GST Council for construction flats during its 34thGST Council?
Options- A. 5%
- B. 8%
- C. 12%
- D. 15%
- Correct Answer
- 5%
ExplanationUnion Finance Minister Arun Jaitley chaired 34th meeting of the Goods and Services Tax Council in New Delhi. It discussed the operational details for implementation of the recommendations made by the 33rd meeting of the council. The tax rate for under construction flats slashed to 5% and affordable homes to 1% without input tax credit (ITC) by the GST Council. Currently 12% GST is levied with input tax credit on payments made for under construction properties. It will be effective from April 1st. The council approved transition plan for new tax rates on residential properties. The developers of under construction buildings may either opt to shift to the revised lower rates without input tax credit or stick on to the previous rates.For housing projects launched after April 1st, the developers need to follow the new GST rates recommended by the Council. As per the council the changes will boost the real estate selling and ensure the rate cut benefits on to the middle class home buyers. - 1. Name the director who was the first African American and the youngest-ever film-maker nominated in Oscar Awards, passed away recently.
Options- A. Denise LaSalle
- B. Frankie Muse Freeman
- C. John Singleton
- D. Edwin Hawkins Discuss
- 2. Name of the musician who won the special lifetime achievement award from the Music Academy?
Options- A. Lalgudi G Jayaraman
- B. Kamala Lakshminarayanan
- C. Hariprasad Chaurasia
- D. Vikku Vinayakram Discuss
- 3. IMF Cuts India's GDP Growth Forecast is __________.
Options- A. 7.3%
- B. 7.4%
- C. 7.2%
- D. 7.5% Discuss
- 4. Which country topped in the ISSF World Cup 2019?
Options- A. Singapore
- B. India
- C. Brazil
- D. Spain Discuss
- 5. How many movies did selected for ICFT UNESCO Gandhi Medal?
Options- A. 5
- B. 12
- C. 9
- D. 25 Discuss
- 6. Who acquired secondhand Goods Marketplace Zefo?
Options- A. OLX
- B. Quickr
- C. LinkedIn
- D. Sulekha Discuss
- 7. Which state has the maximum number of first-time voters in the upcoming Lok Sabha elections?
Options- A. Uttar Pradesh
- B. West Bengal
- C. Maharashtra
- D. Rajasthan Discuss
- 8. What is the sovereign rating of India as per the credit rating agency Fitch?
Options- A. AAA-
- B. AAA+
- C. BBB+
- D. BBB- Discuss
- 9. The book 'The Hit Girl' is the autobiography of
Options- A. Rekha
- B. Asha Parekh
- C. Hema Malini
- D. None of them Discuss
- 10. Which Automotive company has developed the 'largest power storage system in Asia' installed in Osaka train station in Japan?
Options- A. Pricol
- B. Tesla
- C. General Motors
- D. Eicher Motors Discuss
More questions
Correct Answer: John Singleton
Explanation:
Boyz n the Hood director John Singleton, who was the first African American and the youngest-ever film-maker to be nominated for the best director Oscar, passed away at the age of 51 after suffering from hypertension. He was born on 6th January 1968 in Los Angeles, California, U.S.In 1991, he released the Boyz n the Hood film which reflected his own background growing up in South Central Los Angeles.
Correct Answer: Vikku Vinayakram
Explanation:
Ghatam maestro Vikku Vinayakram has recently won the special lifetime achievement award from the Music Academy in Chennai, Tamil Nadu. Vinayakram is one of the best-known faces of percussion from South India. He plays Carnatic music with the ghatam (an earthen pot), and is credited with popularising the ghatam. This award does not fall under the institution's annual recognitions and honours. It is conferred once in a while to artistes of outstanding calibre who the Music Academy feels deserve an independent recognition.
Correct Answer: 7.3%
Explanation:
The International Monetary Fund (IMF) cut its economic growth forecasts for India by 20 basis points (bps) each from its January predictions to 7.3% for FY20 and 7.5% for the next fiscal. Citing persistent risks from the trade war, it lowered 2019 global growth forecast by 20 basis points to 3.3%, the weakest since 2009 when the subprime crisis had flared up.
Correct Answer: India
Explanation:
International Shooting Sports Federation (ISSF) World Cup was held in New Delhi, India from 20 February to 28 February 2019. It is the annual edition of the ISSF World Cup which is governed by International Shooting Sport Federation. It is a qualifier for 2020 Olympic Games. India ranked 1st in the World Cup along with Hungary. Saurabh Chaudhary and Manu Bhaker claimed gold medal in 10m Air Pistol Mixed team event on ISSF World Cup in New Delhi.
Correct Answer: 9
Explanation:
The International Film Festival of India (IFFI) nominated nine movies for this year's International Council for Film, Television and Audiovisual Communication (ICFT) UNESCO Gandhi Medal. Out of nine films, five are from India. They are Kshitij - A Horizon, Manusangada, Poorna, Railway Children and Take-Off from India. The foreign films in the fray are Amok from Poland, Khibula - a co-production of Germany, France and Georgia, The Last Painting from Taiwan and Women of The Weeping River - a joint production of the US and UK.
Correct Answer: Quickr
Explanation:
Quikr has acquired Bengaluru-based secondhand goods marketplace Zefo, for INR 200 Crore to strengthen the sales of its pre-owned goods business. With this pre-owned product's market in India will reach USD 12-15 billion in the year 2020. Normally a pre-owned product's price can be as low as 30-60 percent of a new one. Zefo is an online marketplace for selling refurbished TVs, mobile phones and furniture.
Correct Answer: West Bengal
Explanation:
According to Election Commission, West Bengal has the maximum number of first-time voters, around 20.1 lakh, in the upcoming Lok Sabha elections. WB is followed by Uttar Pradesh and Madhya Pradesh, with around 16.7 lakh and 13.6 lakh first-time voters, respectively. The number of people eligible to vote has reportedly increased by 8.4 crore as compared to 2014 General Elections. Over 1.5 crore voters are in the age group of 18-19 years. These "young voters" constitute 1.66 per cent of the total electors.
Correct Answer: BBB-
Explanation:
Fitch Rating affirms India's sovereign rating at the lowest investment grade of BBB-with a stable outlook. The growth rate of India forecasted by Fitch is 6.8% in financial year 2019-20 and 7.1% in FY 2020-21.According to Fitch, Foreign Direct Investment (FDI) regulations has been eased and there is reduction in red tape but still there are some difficulties in doing business in India due to which India's rating is not upgraded. Since 2006, this is the 13th year in a row that India is getting "BBB" ranking from Fitch. On August 1, 2006, Fitch had upgraded the India's rating from "BB+" to "BBB".
Correct Answer: Asha Parekh
Correct Answer: Tesla
Explanation:
Tesla has developed its 'largest power storage system in Asia' at Osaka train station in Japan to reduce energy demand and provide emergency backup power to trains in Japan. It was Launched in partnership with Kintetsu, a railway operator in Japan's Osaka. Tesla has installed 42 Powerpacks units at Osaka train station in Japan which will provide enough amount of energy to safely move a train and its passengers for up to 30 minutes to the nearest station if any power failure happens. This 7 megawatt-hours (MWh) system is not only the largest energy storage project in Asia, but also the fourth largest in the greater Asia-Pacific (APAC) region.
Comments
There are no comments.Programming
Copyright ©CuriousTab. All rights reserved.