Current Affairs MCQ for UPSC Exams - 05 July 2021

Q.1) With reference to the Base Erosion and Profit Shifting method, consider the following statements:

1. It refers to tax planning strategies used by multinational enterprises that exploit gaps and mismatches in tax rules to avoid paying tax
2. Global minimum corporate tax rate, currently proposed at 15%.
3. India is not a member of OECD/G20 Inclusive Framework on Base Erosion and Profit Shifting.
Which of the statements given above is/are correct?

(a) 1 and 3 only

(b) 2 and 3 only

(d) 1, 2 and 3 only

Q.2) Consider the following statements.

1. It is the 8th largest economy in the world.
2. It is part of G20 group.
3. In addition, it is part also NATO and OECD group.

In the above statements, the country refers to

(a) UK

(b) France

(d) Italy

Q.3) With reference to the Agriculture Export Facilitation Centre, consider the following statements:

1. It acts as one-stop destination to export agri-food products.
2. It boost the agricultural and food exports of Maharashtra by disseminating need-based information.
3. India’s first Agriculture Export Facilitation Centre launched in Chennai.
Which of the statements given above is/are correct?

(a) 1 and 3 only

(b) 2 and 3 only

(d) 1 and 2 only

Q.4) Satellite TV classrooms is the recommendation of which of the following committee

(a) Arun Goel Committee

(b) Vinay Sahastrabuddhe committee

(d) P K Mohanty Committee

Q.5) Consider the following statements regarding key constitutional provisions for Chief Minister:

1.Article 164(1) refers the Chief Minister shall be appointed by the Governor and the other Ministers shall be appointed on the advice of the Chief Minister.
2.Article 164(2) refers the Council of Ministers shall be collectively responsible to the Legislative Assembly of the State.
Which of the statements given above is/are correct?

(a) Neither 1 nor 2

(b) Both 1 and 2

(d) 2 only

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Current Affairs MCQ for UPSC Exams - 05 July 2021