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Question 1 of 5
1. Question
2 points
Consider the following statements with reference to recent trends in tax collections in India:
The Net direct tax collections in 2023-24 saw a drastic reduction compared to direct tax collected during FY-2022-2023.
The share of Corporate Income Tax is more than Personal Income tax for the FY-2023-2024.
Which of the statements given above is/are correct?
Correct
Ans: D
Exp:
Recently , Data released by the Ministry of finance showed India’s net direct tax collections in 2023-24 hit ₹19.58 trillion, up 17.7% from 2022-23.
Statement 1 is incorrect: According to the recent data released by India net direct tax collections in 2023-24 hit ₹19.58 trillion, up 17.7% from 2022-23.
The figure exceeded what was initially budgeted on this account by ₹1.35 trillion and the revised figure mentioned in the interim budget by ₹13,000 crore.
Statement 2 is incorrect: India’s net direct tax collections grew 17.7% in 2023-24 to hit ₹19.58 lakh crore, marginally surpassing the revised estimates for the year, thanks to a surge in personal income taxes whose share of the tax kitty rose to 53.3% from 50.06% in the previous year while corporate taxes’ contribution dipped to 46.5% from 49.6%.
Incorrect
Ans: D
Exp:
Recently , Data released by the Ministry of finance showed India’s net direct tax collections in 2023-24 hit ₹19.58 trillion, up 17.7% from 2022-23.
Statement 1 is incorrect: According to the recent data released by India net direct tax collections in 2023-24 hit ₹19.58 trillion, up 17.7% from 2022-23.
The figure exceeded what was initially budgeted on this account by ₹1.35 trillion and the revised figure mentioned in the interim budget by ₹13,000 crore.
Statement 2 is incorrect: India’s net direct tax collections grew 17.7% in 2023-24 to hit ₹19.58 lakh crore, marginally surpassing the revised estimates for the year, thanks to a surge in personal income taxes whose share of the tax kitty rose to 53.3% from 50.06% in the previous year while corporate taxes’ contribution dipped to 46.5% from 49.6%.
Question 2 of 5
2. Question
2 points
Consider the following statements regarding the Earth Day:
Earth day is a joint initiative of the United Nations Environment Programme and World Wildlife Fund for Nature.
Earth day is observed every year after signing the Rio declaration on environment and development 1992 .
The theme for Earth Day 2024 is “Planet vs. Plastics,”.
How many of the above statements are correct?
Correct
Answer: A
Explanation:
Earth Day is marked across the globe on April 22 to support environmental conservation efforts.
Statement 1 is incorrect: Earth Day is now globally coordinated by EARTHDAY.ORG, which is a non-profit organisation. It was formerly known as Earth Day Network.
It aims to “build the world’s largest environmental movement to drive transformative change for people and the planet”.
Statement 2 is incorrect: Earth Day was first observed in 1970 when 20 million took to the streets to protest environmental degradation on the call of US Senator Gaylord Nelson.
The event was triggered by the 1969 Santa Barbara oil spill, as well as other issues such as smog and polluted rivers.
It recognizes a collective responsibility, as called for in the 1992 Rio Earth Declaration (Earth Summit), to promote harmony with nature and the Earth to achieve a just balance among the economic, social and environmental needs of present and future generations of humanity.
Statement 3 is correct: The theme for Earth Day 2024 is “Planet vs. Plastics .
” This theme emphasises the need for collective action to repair and heal the planet’s ecosystems, combat climate change, and preserve biodiversity
Incorrect
Answer: A
Explanation:
Earth Day is marked across the globe on April 22 to support environmental conservation efforts.
Statement 1 is incorrect: Earth Day is now globally coordinated by EARTHDAY.ORG, which is a non-profit organisation. It was formerly known as Earth Day Network.
It aims to “build the world’s largest environmental movement to drive transformative change for people and the planet”.
Statement 2 is incorrect: Earth Day was first observed in 1970 when 20 million took to the streets to protest environmental degradation on the call of US Senator Gaylord Nelson.
The event was triggered by the 1969 Santa Barbara oil spill, as well as other issues such as smog and polluted rivers.
It recognizes a collective responsibility, as called for in the 1992 Rio Earth Declaration (Earth Summit), to promote harmony with nature and the Earth to achieve a just balance among the economic, social and environmental needs of present and future generations of humanity.
Statement 3 is correct: The theme for Earth Day 2024 is “Planet vs. Plastics .
” This theme emphasises the need for collective action to repair and heal the planet’s ecosystems, combat climate change, and preserve biodiversity
Question 3 of 5
3. Question
2 points
Recently Llama 3 was in the news. It relates to
Correct
solution -: (2 )
Explaination here
Incorrect
solution -: (2 )
Explaination here
Question 4 of 5
4. Question
2 points
Consider the following statements:
Mahavira was born at Licchavi which was a part of the Vajji Sangha.
Mahavira came under the influence of Rishabhadeva and propagated Jainism .
Mahavira Vardhaman succeeded Neminatha to become the last tirthankara.
How many of the above statements are correct?
Correct
Ans: A
Exp:
Recently, the Vice-President greeted the nation on the eve of Mahavir Jayanti.
Statement 1 is correct: There is a lot of debate over the timeline of Mahavira’s birth. It is assumed that he must have been born in the 6th century BCE, contemporary to Buddha.
He too was born into a royal family, at Licchavi which was a part of the Vajji Sangha then (present-day Bihar).
Statement 2 is incorrect: Rishabhadeva, the first Tirthankar, was the founder of Jainism, not Vardhaman Mahavira. It is presumed that Rishabdev belonged to the Early Vedic Period.
He was given the status of God as mythological stories trace a line on the contemporary timeline between Lord Vishnu and Rishabdev.
Statement 3 is incorrect: According to Jain tradition, the 22nd tirthankara was Aristanemi (Neminath) whereas Parshavanath was the 23rd Tirthankara.
Thus, Neminatha was succeeded by Parsvanatha who was then succeeded by Mahavira. There are 24 Tirthankars in the Jain faith and Mahavira was the 24th Tirthankars.
Incorrect
Ans: A
Exp:
Recently, the Vice-President greeted the nation on the eve of Mahavir Jayanti.
Statement 1 is correct: There is a lot of debate over the timeline of Mahavira’s birth. It is assumed that he must have been born in the 6th century BCE, contemporary to Buddha.
He too was born into a royal family, at Licchavi which was a part of the Vajji Sangha then (present-day Bihar).
Statement 2 is incorrect: Rishabhadeva, the first Tirthankar, was the founder of Jainism, not Vardhaman Mahavira. It is presumed that Rishabdev belonged to the Early Vedic Period.
He was given the status of God as mythological stories trace a line on the contemporary timeline between Lord Vishnu and Rishabdev.
Statement 3 is incorrect: According to Jain tradition, the 22nd tirthankara was Aristanemi (Neminath) whereas Parshavanath was the 23rd Tirthankara.
Thus, Neminatha was succeeded by Parsvanatha who was then succeeded by Mahavira. There are 24 Tirthankars in the Jain faith and Mahavira was the 24th Tirthankars.
Question 5 of 5
5. Question
2 points
Consider the following statements regarding Communication Satellites:
Satellite communication is a type of wireless communication that employs artificial satellites to communicate.
Communication satellites are similar to space mirrors that bounce communications such as internet data, television, etc.
The coverage area of satellites is narrower than the conventional terrestrial Communication systems.
How many of the given statements are incorrect?
Correct
Ans: A
Exp:
Recently, China has developed a new satellite that will allow certain capable smartphones to place calls to other smartphones through a satellite. Called Satellite Calls.
Statement 1 is correct: Satellite communication is a type of wireless communication that employs artificial satellites to communicate.
Internet, voice, TV, video calling, fax, radio channels, and other services are available through this mode of communication.
Statement 2 is correct: Communication satellites are similar to space mirrors that let us bounce communications such as internet data, television, and radio from one side of the world to the other.
It consists of three steps that might assist in explaining how it works:
Uplink
Transponders, and
Downlink
Statement 3 is incorrect: The coverage area exceeds that of terrestrial systems.
Every nook and cranny of the globe may be explored.
The cost of transmission is independent of the coverage area.
More broadcasting and bandwidth options.
Incorrect
Ans: A
Exp:
Recently, China has developed a new satellite that will allow certain capable smartphones to place calls to other smartphones through a satellite. Called Satellite Calls.
Statement 1 is correct: Satellite communication is a type of wireless communication that employs artificial satellites to communicate.
Internet, voice, TV, video calling, fax, radio channels, and other services are available through this mode of communication.
Statement 2 is correct: Communication satellites are similar to space mirrors that let us bounce communications such as internet data, television, and radio from one side of the world to the other.
It consists of three steps that might assist in explaining how it works:
Uplink
Transponders, and
Downlink
Statement 3 is incorrect: The coverage area exceeds that of terrestrial systems.
Every nook and cranny of the globe may be explored.
The cost of transmission is independent of the coverage area.
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April 22, 2024