UPSC PRELIMINARY MOCK TEST 2
Click on any option to know the CORRECT ANSWERS
Minister for Environment and Forests
It is a sector-driven cooperative organization, which includes trade, technology, energy, transport, tourism and fisheries
The Asian Development Bank serves as the SASEC Secretariat
Pakistan is not a member
Myanmar is a member
Statement 'a' refers to BIMSTEC.
- The South Asia Subregional Economic Cooperation (SASEC) Program, set up in 2001, brings together Bangladesh, Bhutan, India, the Maldives, Myanmar ( Joined February 2017 ), Nepal and Sri Lanka in a project-based partnership to promote regional prosperity by improving cross-border connectivity, boosting trade among member countries, and strengthening regional economic cooperation.
- Since 2001, SASEC countries have implemented 46 regional projects worth more than $9 billion in the energy, economic corridor development, transport, trade facilitation, and information and communications technology sectors.
- The Manila, Philippines-based Asian Development Bank (ADB) serves as the Secretariat for the SASEC member countries, and is the lead financier of the SASEC programme.
PIB ; "
Maritime exercise between India and Russia.
Bilateral Naval Exercise between India and Indonesia held at the port of Surabaya, Indonesia.
Coastal defence Exercise conducted by the Indian Navy and Indian Coast Guard.
Operational interaction between India and Sri Lankan navies wherein regular ships visits are being undertaken between the two countries.
The first coastal defence Exercise Sea Vigil, conducted by the Navy and Coast Guard, in close coordination with State Governments and Union Territories concluded on 23 Jan 2019. It was the largest such exercise the country had ever witnessed in recent times and saw participation by more than 100 ships, aircraft and patrol boats manned and operated by various security agencies.
Jammu and Kashmir
Source: TH ;
- Fringe benefit tax
- Interest tax
- Securities transaction tax
1 and 3 only
2 and 3 only
1, 2 and 3
- Securities transaction
- Banking cash transaction
- Fringe benefits tax
- Wealth tax
- Interest tax.
Fringe benefit tax is applied to employees, for the expense made for providing services to the employees, which cannot otherwise accounted individually
Interest tax is direct tax imposed on interest accrued in specific cases. However, it was abolished im March 2000
Securities transaction tax is a tax applied in the transaction of stock market, during a transaction. It's applied both on buyers as well as seller.
Indirect taxes are levied on entity such as seller and paid by another such as tax paid by the buyer in a retail setting. Examples of Indirect tax - 1. Union Excise duty 2. Custom duty 3. Service tax