Daily Questions Challenge for IAS PRE (CSAT) Exam (27 February 2016)

Write and Discuss Your Answer with Q.No in Comment Box at the Bottom of Post.

1. Consider the following statements about Shariah index.

1) Shariah-based equity investments do not allow investors to invest in heavily indebted.
2) BSE launched its Shariah index in December 2010.
3) New Shariah index (BSE) will known as BSE Tasis Shariah - 50 index.

Which of the above statements is / are true.

(a) 1 & 2
(b) 2 & 3
(c) 1, 2 & 3
(d) 2 only

2. Consider the following statements about DTC Bill 2010.

1) The Bill will replace the Income Tax Act 1961 & the Wealth Tax Act 1957.
2) Fringe benefits tax will be charged to the employee rather than the employer.
3) It is designed to provide stability in the tax regime
4) However, many provisions in Income Tax Act will be a part of DTC as well.

Which of the above statements is / are true.

(a) 1, 2, 3 & 4
(b) 1 & 4
(c) 2 & 3
(d) 1 & 3

3. Consider the following statements about Maharatna Companies.

1) To be eligible for the grant of the Maharatna status the company should have an average turnover of over 25000 crore.
2) Average annual net profit of over 5000 crore during the last three years.
3) To get Maharatna status it should be a Navratna firm.
4) The main objective of the Maharatna scheme is to empower mega-central public sector.

Which of the above statements is / are true.

(a) 1, 2, 3 & 4
(b) 2 & 3
(c) 1, 3 & 4
(d) 1, 2 & 3

4. Consider the following statements about national investment fund (NIF).

1) NIF CEO will be administratively attached to the PMO.
2) 75% of the annual income of NIF will be used in finance selected social sector scheme.

Which of the above statements is / are true.

(a) Both 1 & 2
(b) 2 only
(c) 1 only
(d) Neither 1 nor 2

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:: CSAT (Paper -2) ::

1. Somebody had taken the last chocolate from the box, much to the annoyance of the other three. Everyone has given one statement, regarding the happening Anjali - “Bharti took the last chocolate.” Bharti - “Dalip took the last chocolate.” Chander - “Who, me ? can’t be!” Dalip - “Bharti is lying when says l took the chocolate.” Who could have taken it, given that only one of the given statements is true ?

(a) Anjali
(b) Bharti
(c) Chander
(d) Dalip

Directions Sum of the marks of four sisters A, B, C and D is 45.When 2 is added to the marks of A, 2 is subtracted from the marks of B, 2 is multiplied to the marks of C and the marks of D is divided by 2, the teacher get the same number.