Current Affairs MCQ for UPSC Exams – 03 November 2016

Q.1- Which of the following is correct regarding National Data Registry?

1. Registry would prevent duplication of data
2. Registry is a substitute for Aadhaar card

A. 1 only
B. 2 only
C. Both
D. None

Q.2- Which of the following statements is/are correct regarding India’s credit rating?

1. According to S&P India’s credit rating is BBB-
2. According to Moody’s outlook of India’s economy is stable

A. 1 only
B. 2 only
C. Both
D. None

Q.3- Consider the following statement and mark the correct answer.

A) GST is a tax regime to separate state taxes from central taxes.
B) GST will have no impact on cascading effect of taxes.
C) All major Central and State taxes will get subsumed into GST which will reduce the multiplicity of taxes, and thus bring down the compliance cost.
D) None of the above