Daily Quiz 10-06-23

Q5. Consider the following statements about the adjudication of anti-profiteering cases. 

1. The National Anti-profiteering Authority (NAA) has a mandate to adjudicate cases related to anti-profiteering.
2. The mandate of NAA has been transferred to the Competition Commission of India (CCI).
3. Under the mandate any reduction in the rate of tax on any supply of goods or services or the benefit of input tax credit should be passed on to the recipient by way of commensurate reduction in prices.

How many of the above statements is/are correct?

Q4. Which of the following banks can issue RuPay Cards?

1. State-owned banks
2. Private Banks
3. Regional Rural Banks
4. Cooperative Banks

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Q3. In the context of India-EU Trade and carbon pricing issues, consider the following statements.

1. Under the proposed Carbon Border Adjustment Mechanism (CBAM), the EU will levy an import tariff on carbon-intensive goods, such as steel, from October 1 2023.
2. The EU’s Deforestation Regulation (EU-DR), wherein exporters to the EU must ensure that the identified products have been grown on land which has not been deforested after December 31, 2020.

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Q2. Consider the following statements about the piped potable water connection provided under Jal Jeevan Mission.

1. A fully functional tap water connection is defined as a household getting at least 55 litres of per capita per day of potable water for at least 10 months a year.
2. Among the states, only 5 states: Gujarat, Telangana, Goa, Haryana, and Punjab have achieved 100% coverage.
3. Among Union Territories only Delhi has achieved 100% coverage.

How many of the above statements is/are correct?

Q1. Consider the following statements about Namdapha National Park and Tiger Reserve which is in the news.

1. Namdapha National Park and Tiger Reserve is India’s easternmost tiger reserve.
2. It is located in Manipur on the land which once belonged to the Kuki community.

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