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Daily Current Affairs Quiz: 19-06-2024

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Question 1

Consider the following statements regarding "Angel Tax":
1. Angel Tax is a term used to describe the income tax payable on the capital raised by unlisted companies via the issue of shares where the share price is considered in excess of the fair market value.
2. The tax is levied on the investors rather than the companies.
3. Angel Tax was introduced in India by the Finance Act, 2012.

How many of the statements given above are correct?

Question 2

With reference to the Pro tem Speaker in the Indian Parliament, consider 
the following statements:
1. The Pro tem Speaker is appointed by the President of India.
2. The Pro tem Speaker administers the oath to newly elected members of the Lok Sabha.
3. The Constitution of India explicitly mentions the post of Pro tem Speaker.

Which of the statements given above is/are correct?

Question 3

Regarding the Great Nicobar Island, consider the following statements:
1. Great Nicobar Island is the southernmost and largest of the Nicobar Islands.
2. Indira Point on the island is India’s southernmost point.
3. The island is mainly covered by tropical rainforests.

How many of the statements given above are correct?

Question 4

Consider the following pairs of Festival/Initiative and the Associated Location
1. Haunted Heritage Walks — Malcha Mahal
2. Elephant Festival — Jaipur
3. Hornbill Festival — Nagaland

How many of the pairs given above are correctly matched?

Question 5

Consider the following statements about heat waves as defined by the 
India Meteorological Department (IMD):
1. A heat wave is declared when the maximum temperature reaches 40°C or more for plains.
2. For coastal areas, a heat wave is declared when the maximum temperature is 37°C or more.
3. Heatwave conditions for hills are declared when the maximum temperature reaches 30°C or more.

Which of the statements given above are correct?

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IAS
Jun 19IAS