0 UPSC EXAM ENGLISH QUIZ 13.09.2024 Daily Quiz 1 / 5 Q1. Consider the following statements: 1. 54th GST Council meeting was held in New Delhi on 23rd May under the Chairmanship of Union Minister of Finance & Corporate Affairs, Smt. Nirmala Sitharaman. 2. GST rate on savoury and savoury food products will be reduced from 18% to 10%. Which of the above statement/statements are correct? 1 only 2 only Both 1 and 2 Neither 1 nor 2 Explanation: 54th GST Council meeting was held in New Delhi on 23rd May under the Chairmanship of Union Minister of Finance & Corporate Affairs, Smt. Nirmala Sitharaman. The GST Council, headed by Union Finance Minister Nirmala Sitharaman, on decided to form a Group of Ministers (GoM) to consider reducing tax rates on life and health insurance and cutting GST on cancer medicines and salves. Sitharaman said it has been decided to form a Group of Ministers (GoM) to consider the GST rate on life and health insurance. Key recommendations made in the 54th GST Council Meeting Changes in GST rates Snacks and savoury food products: GST rate on savoury and savoury food products will be reduced from 18% to 12%. Cancer drugs: GST rate on cancer drugs will be reduced from 12% to 5%. Metal scrap: Reverse charge mechanism (RCM) will be applicable on supply of metal scrap by an unregistered person to a registered person. TDS of 2% will be applicable in B2B supplies. Railway air conditioning machines: GST rate on railway air conditioning machines will be 28%. Car and motorcycle seats: GST rate on car and motorcycle seats will be increased from 18% to 28%. 2 / 5 Q2. Consider the following statements: 1. Ministry of Electronics and Information Technology launched the National Blockchain Framework. 2. The National Blockchain Framework is an online platform. 3. The National Blockchain Framework aims to secure digital governance with blockchain technology, promising transparency and trust in public service. Which of the statements given above is/are correct? 1 and 2 are correct 1 and 3 are correct 2 and 3 are correct All of the above Explanation: Ministry of Electronics and Information Technology launched National Blockchain Framework. VISHWASYA-Blockchain Technology Stack, National Blockchain Framework Lite (NBFLite), Pramanik and National Blockchain Portal were also launched. National Blockchain Framework It is an online platform that aims to secure digital governance with blockchain technology, promising transparency and trust in public service. VISHWASYA-Blockchain Technology Stack It provides Blockchain-as-a-Service with geographically distributed infrastructure designed to support various blockchain-based applications. NBFLite (Lightweight Blockchain Platform) It is a blockchain sandbox platform developed specifically for startups and academia to enable rapid prototyping, research and capacity building in blockchain applications. Pramanik: It is an innovative blockchain-enabled solution to verify the origin of mobile apps. National Blockchain Portal It was launched to facilitate access and integration of various blockchain resources. 3 / 5 Q3. Consider the following statements: 1. A new species of spider was discovered in the Palani Hills of Tamil Nadu. 2. This is a new species of Jumping Spider, which has been named Carotus Piperus. Which of the above statement/statements are correct? 1 only 2 only Both 1 and 2 Neither 1 nor 2 Explanation: A new species of spider was discovered in the Palani Hills of Tamil Nadu.This is a new species of Jumping Spider, which has been named Carotus Piperus. It belongs to the Salticidae family of the genus Carotus. Its name is derived from the common name of the plant 'Piperus', which reflects its specific habitat. According to the taxonomic description of Carotus Piperus in the Journal of Insect Biodiversity and Systematics, after this discovery, the known number of Carotus species in India has increased to 10 and 37 globally. 4 / 5 Q4. Consider the following statements: 1. Indian Navy launched Anti-Submarine Warfare vessels Malpe and Mulki. 2. At Cochin Shipyard, the Indian Navy launched two anti-submarine warfare (ASW) shallow water vessels named Malpe and Mulki. 3. It has been built by M/s Cochin Shipyard Ltd for the Indian Navy. Which of the statements given above is/are correct? 1 and 2 are correct 1 and 3 are correct 2 and 3 are correct All of the above Explanation: Indian Navy launched Anti-Submarine Warfare vessels Malpe and Mulki. At Cochin Shipyard, the Indian Navy launched two anti-submarine warfare (ASW) shallow water vessels named Malpe and Mulki. It has been built by M/s Cochin Shipyard Ltd for the Indian Navy. More than 80% of the content used in building these ships is indigenous. The vessels are equipped with light-weight torpedoes, ASW rockets and mines, a close-in weapon system (30mm gun) and 12.7mm stabilised remote-control guns. The vessels are the fourth and fifth ships in the series of eight such watercraft. These vessels are 78 metres long, 11.36 metres wide and with a draught of about 2.7 metres. It can move with a maximum speed of 25 knots and has an endurance of 1,800 nautical miles. These vessels are designed to fit the indigenously developed sonar for underwater surveillance. The Mahe-class of ships will replace the in-service Abhay class ASW Corvettes of the Indian Navy. 5 / 5 Q5. Consider the following statements: 1. Gujarat government set up GRIT as a policy think tank. 2. Gujarat State Institution for Transformation (GRIT) has been set up under Chief Minister Bhupendra Patel’s chairmanship. Which of the above statement/statements are correct? 1 only 2 only Both 1 and 2 Neither 1 nor 2 Explanation: Gujarat government set up GRIT as a policy think tank. Gujarat State Institution for Transformation (GRIT) has been set up under Chief Minister Bhupendra Patel’s chairmanship. It will act as a policy think tank on the lines of NITI Ayog. The Chief Minister will be the chairman of the GRIT, while the Finance Minister will be the vice chairman. The Ministers of Agriculture, Health, Education, and Industries will be the members of the GRIT. A 10-member executive committee will look after the day-to-day operations of GRIT. A resolution related to the formation of ‘GRIT’ and its scope will be published by the General Administration Department-Planning Division. Your score is LinkedIn Facebook Twitter VKontakte Post navigation ALL EXAM QUIZ 13.09.2024 ALL EXAM QUIZ 14.09.2024
