Daily Quiz 04-08-23

Q5. With which of the following countries in east and west India is developing maritime cooperation?

A. Solomon Islands and Bahrain

B. Fiji and Iran

C. Kiribati and Tanzania

D. Papua New Guinea and Oman

Q4. Consider the following statements about the imports restriction imposed by India recently on electronic goods.

1. India imposed import restrictions on laptops, tablets, and servers to establish the country as a hub for electronics manufacturing amid surging imports.

2. Importers will be required to pay heavy-duty to bring in laptops, tablets, all-in-one personal computers, ultra-small computers, and servers.

Which of the above statements is/are correct?

Q3. Consider the following statements about Real estate investment trusts (REITs).

1. REITs help investors capitalise on this demand by providing them with a way to invest in real estate without owning and managing physical properties.

2. As per the law, these funds are mandated to distribute at least 50 per cent of their taxable income to shareholders.

3. Foreign investors cannot participate in REITs in India.

How many of the above statements is/are correct?

Q2. Consider the following statements about the transhipment project being developed in Great Nicobar Islands.

1. The project includes the construction of a trans-shipment port, an international airport, township development, and a 450 MVA gas and solar-based power plant.

2. To compensate for the loss of trees for the Project a large exercise of compensatory afforestation is being done in Andaman and Nicobar only.

Which of the above statements is/are correct?

Q1. The term “Reserve Charge Mechanism” which remains in the news is related to

A. E-vehicle

B. Computers

C. GST

D. Income Tax