Current Affairs MCQ for UPSC Exams – 28 November 2016

Q.1- Which among the following are the benefits of cashless society?

1. It reduces corruption in the system
2. It reduces the transaction cost
3. It decrease the tax base

A. 1,2 only
B. 2,3 only
C. 1,3 only
D. All

Q.2- In the wake of 14th finance commission recommendation, we have seen various changes in the Centre-State financial relations. Which of the following statements are correct after 14th FC recommendations?

1. Grant for BRGF and Rajiv Gandhi panchayat sashaktikaranyojana have increased
2. Devolution from tax pool has been increased.

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

Q.3- Salam dam which was recently in news is present in which of the following countries?

A. Nepal
B. Bhutan
C. Afghanistan
D. China

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