UPSC PRELIMINARY MOCK TEST 2

 

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UPSC PRELIMINARY MOCK TEST 2

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Question 41
The National Disaster Management authority in India is chaired by
A
Home minister
B
Minister for Environment and Forests
C
Prime Minister
D
Finance Minister


Question 42
Which one of the following statements with reference to the South Asia Subregional Economic Cooperation (SASEC) programme is INCORRECT?
A
It is a sector-driven cooperative organization, which includes trade, technology, energy, transport, tourism and fisheries
B
The Asian Development Bank serves as the SASEC Secretariat
C
Pakistan is not a member
D
Myanmar is a member


Question 42 Explanation: 

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 ; "

Question 43
Which of the following statements about Exercise Sea Vigil is correct?
A
Maritime exercise between India and Russia.
B
Bilateral Naval Exercise between India and Indonesia held at the port of Surabaya, Indonesia.
C
Coastal defence Exercise conducted by the Indian Navy and Indian Coast Guard.
D
Operational interaction between India and Sri Lankan navies wherein regular ships visits are being undertaken between the two countries.


Question 43 Explanation: 

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.

Source "

Question 44
This plant which contains a number of types of alkaloids and some non-alkaloidal medicinal compounds is widely used in native medicinal compositions and in the treatment of gout and as a pain killer in allopathic medicine. Its cultivation, though confined to a few pockets in this state, has started to spread in the recent years. Its export was once banned as it was listed as an endangered species. Farmers of this state contribute the major share of global consumption of it. Known as Gloriosa superba, it is the state flower of
A
Tamil Nadu
B
Maharashtra
C
Himachal Pradesh
D
Jammu and Kashmir


Question 44 Explanation: 

Source: TH ;

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Question 45
Consider the following:
  1. Fringe benefit tax
  2. Interest tax
  3. Securities transaction tax
Which of the above is/ are Direct Tax/ Taxes?
A
1 only
B
1 and 3 only
C
2 and 3 only
D
1, 2 and 3


Question 45 Explanation: 
Direct tax is a tax directly payed by an individual or organistion to the imposing entity. Example of direct tax are-
  1. Corporation
  2. Tax
  3. Securities transaction
  4. Banking cash transaction
  5. Fringe benefits tax
  6. Wealth tax
  7. 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

There are 45 questions to complete.

 

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