Who is the chairman of the committee set to review Minimum Alternate Tax (MAT) issues?

[A] U K Sinha
[B] Urjit Patel
[C] Urjit Patel
[D] A P Shah

Show Answer

A P Shah

To find a solution to the ongoing controversies over the applicability of minimum alternate tax (MAT) on foreign institutional investors (FIIs), the government has constituted a committee to review the issue. Justice A P Shah is the chairman of the committee. The Committee has been asked to give its recommendation of the specific issues of MAT on FIIs expeditiously.

According to latest Lion census, what is the number of Gir lions in India?

[A] 486
[B] 523
[C] 523
[D] 556

Show Answer

523

According to results of the 14th lion census, there are 523 Asiatic lions in Gir forest, other protected areas and revenue areas in Junagadh, Gir Somnath, Amreli and Bhavnagar districts of Saurashtra region of Gujarat. This means the lion population has increased by 112 as compared to the figure of 411 counted in 2010. According to 2015 census, there are 109 male, 201 female and 213 sub-adult (lion cubs below the age of three years) lions in the wilderness of these four districts. These numbers were 97, 162 and 152 respectively in year 2010. This is the only wild population of Asiatic lions in the world and International Union for Conservation of Nature (IUCN), a world body working for conservation of nature and wildlife has categorised the species as endagered.

Which country topped the Travel & Tourism Competitiveness Index (TTCI) 2015?

[A] France
[B] Spain
[C] Spain
[D] Germany

Show Answer

Spain

Spain has been ranked number one in the Travel & Tourism Competitiveness Index (TTCI). Spain is followed by France, Germany, US, UK, Switzerland, Australia, Italy, Japan and Canada in the top ten. India has moved up 13 notches to 52nd position on a global list of countries in terms of their travel and tourism, competitiveness, but ranks worse than its emerging market peers like China, Brazil, Russia and South Africa. In the Travel & Tourism Competitiveness Index, (TTCI) 2013 India was ranked 65th out of 140 countries covered in its study. The 2015 report ranks 141 countries across 14 separate dimensions, revealing, how well countries could deliver sustainable economic and societal benefits through their travel and tourism sector.

The Brettonwoods Conference is related to the formation of the

[A] International Monetary Fund and World Health Organization
[B] World Trade Oranganization and World Health Organization
[C] World Trade Oranganization and World Health Organization
[D] World Bank and International Monetary Fund

Show Answer

World Bank and International Monetary Fund

A rise in inflation generally favors the

[A] Debtors
[B] Creditors
[C] Creditors
[D] Banks

Show Answer

Debtors

Which of the following is true regarding A bill sent by the Cabinet for Presidential assent

[A] Must be signed by the President in all circumstances
[B] May or may not be signed by the President
[C] May or may not be signed by the President
[D] May be returned by the President to the cabinet for re-consideration, but upon being re-presented to him, he must declare his assent to it

Show Answer

May be returned by the President to the cabinet for re-consideration, but upon being re-presented to him, he must declare his assent to it

The constitution of India describes India as a

[A] Federation
[B] Confederation
[C] Confederation
[D] Union of States

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Union of States

The tear-glands in the human body are known as

[A] Sebaceous glands
[B] Lachrymal glands
[C] Lachrymal glands
[D] Coopers glands

Show Answer

Lachrymal glands

The most commonly used gas in filling bulbs is Nitrogen. This is widely used for this purpose because

[A] It is easy to obtain
[B] It is chemically inactive
[C] It is chemically inactive
[D] It is cheap

Show Answer

It is chemically inactive

Out of the 15 countries in the United Nations Security Council (UNSC) how many are non-permanent members?

[A] 14
[B] 10
[C] 10
[D] 12

Show Answer

10

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