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Daily MCQ – Current Affairs For UPSC Free PDF | 7th & 8th May’18

Q1) Consider the following statements :
A) The Central Board of Direct Taxes (CBDT) has entered into one
Unilateral Advance Pricing Agreement (UAPA)its signed its 200th UAPA.
B) The scheme gives certainty to MNCs that agree on certain principles in
valuation of their cross-border transactions.
C) The Chairperson, CBDT is the senior-most IRS civil servant in the Government
of India
Options:
1) A & C are correct
2) B & C are correct
3) All are correct
4) A &B are correct

Q1) Consider the following statements :
A) The Central Board of Direct Taxes (CBDT) has entered into one
Unilateral Advance Pricing Agreement (UAPA)its signed its 200th UAPA.
B) The scheme gives certainty to MNCs that agree on certain principles in
valuation of their cross-border transactions.
C) The Chairperson, CBDT is the senior-most IRS civil servant in
the Government of India
Options:
1) A & C are correct
2) B & C are correct
3) All are correct
4) A &B are correct

Q2) As per the FDI Confidence Index, choose the correct statements:
A) The United States takes the top spot for the sixth year in a row.
B) India has slipped by three notches to 10th position.
C) After the abolition of Foreign Investment Promotion Board (FIPB), now
individual departments of the government have been empowered to clear
FDI proposals in consultation with DIPP.
Options:
1) All are correct
2) A & C are correct
3) A & B are correct
4) B & C are correct

Q3) Consider the following statements :
A) Uropeltis bhupathyi discovered in Western Ghats, found in naikatty hills in Tamil Nadu’s
Coimbatore district is a snake species
B) This animal is venomous, burrowing and mostly earthworm-eating
Options:
1) Both are correct
2) A is correct
3) B is correct
4) None is correct

Q4) Consider the following statements:
A) SWAYAM platform is indigenously developed by Ministry of Human Resource
Development (MHRD) and All India Council for Technical Education (AICTE) with the
help of Google.
B) SWAYAM stands for Social Webs of Active –Learning for Young Aspiring Minds.
C) The SWAYAM VANI is a group of 32 DTH channels devoted to telecasting of high-quality
educational programmes on 24X7 basis using the GSAT-15 satellite.
Options:
1) A & C are correct
2) All are correct
3) B & C are correct
4) None is correct

Q5) Consider the following statements :
A) GST Network or GSTN currently is 30 % per cent owned by the central government.
B) One OF the features of GSTN is the user charges will be paid entirely by the Central
Government and the State Governments in equal proportion (i.e. 50:50) on behalf of all
users.
C) The council has recommended giving 2 per cent incentive for digital payments of GST liability
Options:
1) All are correct
2) A & C are correct
3) B & C are correct
4) A & B are correct

The GST Council 27th meeting

The GST Network or GSTN currently is 24.5 per cent owned by the central
government and a similar percentage is held by state governments collectively.
The remaining 51 per cent is with five private financial institutions — HDFC Ltd,
HDFC Bank Ltd, ICICI Bank Ltd, NSE Strategic Investment Co and LIC Housing
Finance Ltd.
The council has agreed to a proposal of buying out the stake of private entities to
make GSTN a government-owned entity, he said adding the central government
will own 50 per cent and the remaining would be collectively held by state
governments.

Q6) Consider the following statements :
A) National Water Informatics Centre (NWIC) will act as a single window source
of updated data on water resources
B) The AMRUT programme focuses only on providing water supply to all
households in 500 cities
C) NWIC would be headed by the Minister of Water Resources, River
Development and Ganga Rejuvenation.
Options:
1) A & C are correct
2) Only A
3) Only B
4) B & C are correct

Mission of AMRUT is to (i) ensure that every household has access to a tap
with assured supply of water and a sewerage connection; (ii) increase the
amenity value of cities by developing greenery and well maintained open
spaces (e.g. parks); and (iii) reduce pollution by switching to public transport
or constructing facilities for non-motorized transport (e.g. walking and
cycling).

                         Thrust areas

The Mission will focus on the following Thrust Areas: (i) Water Supply, (ii)
Sewerage facilities and septage management, (iii) Storm Water drains to
reduce flooding, (iv) Pedestrian, non-motorized and public transport facilities,
parking spaces, and (v) Enhancing amenity value of cities by creating and
upgrading green spaces, parks and recreation centers, especially for children.

Q7) Consider the following statements :
A) The Narcotic Drugs and Psychotropic Substances Act, 1995, prohibits a person to
produce/manufacture/cultivate, possess, sell, purchase, transport, store, and/or
consume any narcotic drug or psychotropic substance.
B) India will co-operate with the Police Narcotics Bureau (PNB) agency of Australia.
Options:
1) Both are correct
2) A is correct
3) B is correct
4) None is correct

Q8) Consider the following statements :
A) The BRO was formed to build national and state highways of India
B) BRO comes under the Ministry of Road Transport and Highways.
C) BRO celebrates its 58 years of glorious service to the nation on 7th May
Options:
1) All are correct
2) B & C are correct
3) A & C are correct
4) B & C are correct

Q9) Consider the following statements :
A) In Marxism, the bourgeoisie is the working class, including farmers and lowskilled
factory workers.
B) The proletariat are the capitalist class, the wealthy, who own most of the means
of production.
Options:
1) Both are correct
2) A is correct
3) B is correct
4) None is correct

Q10) As per the WHO releases draft guidelines, choose the correct statements :
A) WHO has recommended that adults and children should consume a maximum of 10% of
their daily calorie intake in the form of saturated fat and 1% in trans fats.
B) Diabetes was the leading cause of NCD mortality in 2016.
C) There are 5 areas of action in the REPLACE mission of WHO
Options:
1) A & B are correct
2) B &C are correct
3) A & C are correct
4) Only A is correct

The six areas of action include:
Review dietary sources of industrially-produced trans fat and the landscape for required
policy change.
Promote the replacement of industrially-produced trans fat with healthier fats and oils.
Legislate or enact regulatory actions to eliminate industrially-produced trans fat.
Assess and monitor trans fat content in the food supply and changes in trans fat
consumption in the population.
Create awareness of the negative health impact of trans fat among policy-makers,
producers, suppliers, and the public.
Enforce compliance with policies and regulations.

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