MCQ for 8-january-2020-mcqs-test

With reference to the Insolvency and Bankruptcy Board of India (Liquidation Process) (Amendment) Regulations, 2020, consider the following statements:

1. The amendment clarifies that a person, who is not eligible under the Code to submit a resolution plan for insolvency resolution of the corporate debtor, shall not be a party to a compromise or arrangement of the corporate debtor under section 230 of the Companies Act, 2013.

2. The amendment provides that a secured creditor, who proceeds to realise its security interest, shall contribute its share of the insolvency resolution process cost, liquidation process cost and workmen’s dues, within 30 days of the liquidation commencement date.

Which of the statements given above is/are correct?

With reference to the 2nd National GST Conference, consider the following statements:

1. It was decided to constitute a Committee of Centre and State officers to examine and implement quick measures in a given time frame to curb fraudulent refund claims.

2. It was decided that all major cases of fake Input Tax Credit, export/import fraud and fraudulent refunds shall be compulsorily investigated by investigation wing of the Income Tax Department.

Which of the statements given above is/are correct?

With reference to the National Institute of Ocean Technology (NIOT), consider the following statements:

1. It is an autonomous society under the Ministry of Earth Sciences, Government of India.

2. Its headquarters is at Kochi.

Which of the statements given above is/are correct?

With reference to the First Advance Estimates of National Income, 2019-20, consider the following statements:

1. The growth in real GDP during 2019-20 is estimated at 5.0 per cent as compared to the growth rate of 6.8 per cent in 2018-19.

2. In terms of growth rates, the National Income registered a growth rate of 7.6 per cent in 2019-20 as against the previous year’s growth rate of 11.3 per cent.

Which of the statements given above is/are correct?

Snow and Avalanche Study Establishment (SASE) is a laboratory of the Defence Research and Development Organization (DRDO), located in:

With reference to the infant mortality rate (IMR), consider the following statements:

1. The infant mortality rate (IMR) in the country currently stands at 53 per 1,000 live births.

2. According to the National Family Health Survey-4, only 78.9% births in India happen in a facility.

Which of the statements given above is/are correct?

Which of the following country has recently announced a five-year multiple-entry visa scheme for all nationalities, in a move that is geared towards promoting tourism in the country?

With reference to the Great Indian Bustard (GIB), consider the following statements:

1. Its population is confined only to Rajasthan and Gujarat.

2. It listed as Critically Endangered on the IUCN Red List.

Which of the statements given above is/are correct?

Akbar Padamsee, recently seen in news, was a/an:

With reference to the Government Owned Contractor Operated (GOCO) model, consider the following statements:

1. The GOCO model was one of the recommendations of the Lt. Gen. DB Shekatkar (Retd.) committee.

2. It aims to “enhance combat capability and re-balance defence expenditure”.

Which of the statements given above is/are correct?