Current Affairs Only Daily MCQ’s – 5th April 2017


Q.1- Choose the correct statement with reference to Kani maranjandu

which was in news recently.

a) It is a tree dwelling crab species.

b) It is a terrestrial crab species.

c) The species is named after Kani tribe in Kerala.

d) Both A and C


Q.2- Consider the following form of taxes:

  1. Income tax
  2. Wealth tax
  3. Fringe benefit tax

which of the following are part of direct tax?

a) 1 only
b) 1,2
c) 2,3
d) All

Q.3- Consider the following statement with reference to Uttarayan Festival

which was in news recently:

a) It is an International Kite festival held at Ahmadabad.

b) The idea of flying kites to celebrate Uttrayan was introduced by Muslims from Persia.

c) Both a and b

d) Neither a nor b

Q.4- Which of the following state does not share boundary with Myanmar?

a) Arunachal Pradesh
b) Meghalaya
c) Manipur
d) Nagaland

Q.5- What do you mean by Masala Bond?

a) Masala bonds are bonds issued outside India but denominated in Indian Rupees.

b) Masala bonds are bonds issued outside India but denominated in US dollars.

c) Masala bonds are bonds issued outside India but denominated in UK dollars.

d) None of the above.

Q.6- Sometimes Base Erosion and Profit Shifting (BEPS) in news.

What are they?

a) Resolving NPA crisis in banking sector

b) Tax avoidance strategy

c) Free movement of skilled professional across countries

d) Free movement of goods across countries





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