Current Affairs MCQ for UPSC Exams – 01 March 2016

Q.1- Which of he following is correct domestic black money rules presented in budget 2016?

1. No need to disclose the source of income if adequate penalty in paid.
2. There is a surcharge of 7.5 percent which will be used for poverty alleviation.

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

Q.2- Transportation plays a great role in any economy. Which of the following modes of transportation has the highest elasticity?

A. Rail
B. Water
C. Road
D. Air

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