300 Best MCQs October Set 1 PDF
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Uploaded by CheeryWilliamsite5617
2024
Dr. Gaurav Garg
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This document is a set of multiple-choice questions (MCQs) for a test or exam. The questions cover various topics, including recent information on India's rank in the Global Innovation Index and topics related to airlines starting domestic operations, new education schemes, and government committees. The document also includes information about the Global Operational Network of Anti-Corruption Law Enforcement Authorities (GloBE Network).
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## 300 Best MCQs October Set 1 by Dr. Gaurav Garg ### **Q1) As per the recent information, what is India's rank in Global Innovation Index (GII) 2024 among 133 economies?** * A. 28th * B. 39th * C. 46th * D. 50th **Answer:** B. 39th ### **Q2) Recently, which of the following airlines has received...
## 300 Best MCQs October Set 1 by Dr. Gaurav Garg ### **Q1) As per the recent information, what is India's rank in Global Innovation Index (GII) 2024 among 133 economies?** * A. 28th * B. 39th * C. 46th * D. 50th **Answer:** B. 39th ### **Q2) Recently, which of the following airlines has received approval from the Union Civil Aviation Ministry to start domestic operations?** * A. Shankh Air * B. IndiaOne Air * C. Star Air * D. JettWings Airways **Answer:** A. Shankh Air ### **Q3) Recently, which of the following states has officially launched CM-SATH scheme to boost the education of the students?** * A. Tripura * B. Meghalaya * C. Assam * D. Mizoram **Answer:** A. Tripura ### **Q4) Recently, India has been elected to fifteen-member steering committee of GlobE Network. Which of the following ministries is acting as central authority coordinating India's involvement?** * A. Ministry of External Affairs * B. Ministry of Home Affairs * C. Ministry of Corporate Affairs * D. Ministry of Defence **Answer:** B. Ministry of Home Affairs ### **About GlobE Network:** * The Global Operational Network of Anti-Corruption Law Enforcement Authorities (GloBE Network). * It is an initiative launched **under the G20 framework** to address international corruption and financial crime. * The GloBE Network was officially launched on **June 3, 2021**, during a special event at the 76th Session against Corruption. * It now has 121 member countries (India is also a member of this Network) and 219 member authorities. | GII rank | Economy | Score | Income group rank | |---|---|---|---| | 1 | Switzerland | 67.5 | 1 | | 2 | Sweden | 64.5 | 2 | | 3 | United States of America | 62.4 | 3 | | 4 | Singapore | 61.2 | 4 | | 5 | United Kingdom | 61.0 | 5 | | 6 | Republic of Korea | 60.9 | 6 | | 7 | Finland | 59.4 | 7 | | 8 | Netherlands (Kingdom of the) | 58.8 | 8 | | 9 | Germany | 58.1 | 9 | | 10 | Denmark | 57.1 | 10 | | 11 | France | 55.4 | 11 | | 12 | Japan | 54.1 | 12 | | 13 | Canada | 52.9 | 13 | | 14 | Israel | 52.7 | 14 | | 15 | Estonia | 52.3 | 15 | | 16 | Austria | 50.3 | 16 | | 17 | Hong Kong, China | 50.1 | 17 | | 18 | Ireland | 50.0 | 18 | | 19 | Luxembourg | 49.1 | 19 | | 20 | Norway | 49.1 | 19 | | 21 | Iceland | 48.5 | 21 | | 22 | Australia | 48.1 | 22 | | 23 | Belgium | 47.7 | 23 | | 24 | New Zealand | 45.9 | 24 | | 25 | Italy | 45.3 | 25 | | 26 | Cyprus | 45.1 | 26 | | 27 | Spain | 44.9 | 27 | | 28 | Malta | 44.8 | 28 | | 29 | Czech Republic | 44.0 | 29 | | 30 | Portugal | 43.7 | 30 | | 31 | United Arab Emirates | 42.8 | 31 | | 32 | Malaysia | 40.5 | 32 | | 33 | Slovenia | 40.2 | 32 | | 34 | Lithuania | 40.1 | 33 | | 35 | Hungary | 39.6 | 34 | | 36 | Türkiye | 39.0 | 35 | | 37 | Bulgaria | 38.5 | 36 | | 38 | India | 38.3 | 37 | | 39 | Poland | 37.0 | 38 | ### **Q5) Recently, which of the following companies has announced its new free and open-source large language model, to introduce visual processing capabilities?** * A. Microsoft * B. Meta * C. Amazon * D. Google **Answer:** B. Meta ### **Q6) As per recent information, a 7,000-km long car rally from Thoise in Ladakh to Tawang in Arunachal Pradesh, was organized to mark the 92nd anniversary of Indian Air Force (IAF). What is the name of this rally?** * A. Heart to BraveHearts * B. Sindhu Shikhar * C. Vayu Veer Vijeta * D. Thoise Thunder **Answer:** C. Vayu Veer Vijeta ### **Q7) Recently, Ministry of Tourism has announced winners of Best Tourism Villages Competition 2024. What were the eight categories of under this competition?** * A. Adventure Tourism * B. Medical Tourism * C. Responsible Tourism * D. Agri Tourism **Answer:** The eight categories were Adventure Tourism, Agri Tourism, Community Based Tourism, Rural Tourism, Medical Tourism, Spiritual And Wellness, and Vibrant Village. * The focus was to identify and recognize villages which preserve and promote cultural and natural assets through community-based values and commitment to sustainability in all aspects. ### **Q8) Recently, world's first government-funded Multimodal Large Language Model project focused on creating Artificial Intelligence (AI) in Indian languages has been launched. What is the name of this project?** * A. HimVarshaGen * B. NationGen * C. IndiGen * D. BharatGen **Answer:** D. BharatGen ### **About the BharatGen Project:** * It is **spearheaded by IIT Bombay** under the National Mission on Interdisciplinary Cyber-Physical Systems (NM-ICPS), of the Department of Science and Technology (DST). * The initiative will create generative AI systems that can generate high-quality text and multimodal content in various Indian languages. * The implementation of the project is being undertaken by TIH Foundation for IOT and IOE at IIT Bombay, IIIT Hyderabad, IIT Mandi, IIIT Delhi, and IIT Madras. * BharatGen will deliver generative AI models and their applications as a public good, addressing India's broader needs such as social equity, cultural preservation, and linguistic diversity. * **The project is expected to be completed in two years**, along with plans to benefit several government institutions and research institutions. * BharatGen will cater to both **text and speech**, ensuring coverage across India's diverse linguistic landscape. ### **Q9) Recently, Prime Minister of India has dedicated Bidkin Industrial Area to the nation. It is situated in which of the following states?** * A. Maharashtra * B. Haryana * C. Uttar Pradesh * D. Madhya Pradesh **Answer:** A. Maharashtra ### **About the Bidkin Industrial Area** * The Prime Minister inaugurated the Pune Metro section of District Court to Swargate which marks the completion of Pune Metro Rail Project (Phase-1). * The Prime Minister dedicated to the nation Bidkin Industrial Area, a transformative project spread over 100 acres under the National Industrial Corridor Development Program of Govt. of India, situated in Sambhajinagar in Maharashtra. * The Prime Minister also inaugurated the Solapur Airport which would significantly improve Solapur's accessibility to tourists, business travellers and investors. ### **Q10) Recently, who among the following has been awarded the prestigious 2024 SASTRA Ramanujan Prize?** * A. Barry Mazur * B. Alexander Dunn * C. Peter Shor * D. Terence Tao **Answer:** B. Alexander Dunn ### **Q11) According to 7th Annual report "Periodic Labour Force Survey (PLFS) July 2023- June 2024", which state/UT has the highest Unemployment Rate (UR) among youths (individuals aged 15-29)?** * A. Kerala * B. Lakshadweep * C. Andaman and Nicobar Island * D. Nagaland **Answer:** B. Lakshadweep *** **Here are the top 10 Indian states/UTs with the highest unemployment rate:** | Rank | Indian State/Union Territory | Male unemployed (%) | Female unemployed (%) | Total unemployed (%) | |---|---|---|---|---| | 1 | Lakshadweep | 26.2 | 79.7 | 36.2 | | 2 | Andaman & Nicobar Islands | 24 | 49.5 | 33.6 | | 3 | Kerala | 19.3 | 47.1 | 29.9 | | 4 | Nagaland | 27.9 | 26.6 | 27.4 | | 5 | Manipur | 19.9 | 27.5 | 22.9 | | 6 | Ladakh | 11.4 | 38.3 | 22.2 | | 7 | Arunachal Pradesh | 21.9 | 19.6 | 20.9 | | 8 | Goa | 13.2 | 31 | 19.1 | | 9 | Punjab | 16.7 | 24.5 | 18.8 | | 10 | Andhra Pradesh | 16.4 | 19.7 | 17.5 | *** **Top 10 Indian states and UTs with the lowest youth unemployment rate:** | Rank | Indian State/Union Territory | Male unemployed (%) | Female unemployed (%) | Total unemployed (%) | |---|---|---|---|---| | 1 | Madhya Pradesh | 2.8 | | | | 2 | Gujarat | 3.3 | | | | 3 | Jharkhand | 4.8 | | | | 4 | Delhi | 4.6 | | | | 5 | Chhattisgarh | 6.6 | | | | 6 | Dadra & Nagar Haveli | 7.8 | | | | 7 | Tripura | 6.8 | | | | 8 | Sikkim | 8.3 | | | | 9 | West Bengal | 8.5 | | | | 10 | Uttar Pradesh | 9.3 | | | *** ### **Q12) Recently, Indian Railways has established Rail Rakshak Dal in _____ for the first time as a part of the initiative to respond promptly to train accidents and conduct rescue operations.** * A. South Central Railway zone * B. Western Railway zone * C. North Western Railway (NWR) zone * D. Central Railway zone **Answer:** C. North Western Railway (NWR) zone ### **Q13) Recently, NPCI International Payments Limited (NIPL) has partnered with Ministry of Digital Transformation to develop a real-time payments platform similar to India's Unified Payments Interface (UPI) in which of the following countries?** * A. Trinidad and Tobago * B. Haiti * C. Jamaica * D. Belize **Answer:** A. Trinidad and Tobago ### **Q14) Recently, four Thematic Hubs and Technical Groups has been unveiled under the National Quantum Mission for accelerating growth of Quantum Revolution. These hubs are not setup in which of the following institutes?** * A. Indian Institute of Technology (IIT), Bombay * B. Indian Institute of Science (IISc), Bengaluru * C. Indian Institute of Technology (IIT), Mandi * D. Indian Institute of Technology (IIT), Delhi **Answer:** C. Indian Institute of Technology (IIT), Mandi *** **About the National Quantum Mission:** * **Four thematic hubs (T-Hubs) are for Quantum Computing, Quantum Communication, Quantum Computing, and Quantum Materials and Devices**, under the National Quantum Mission (NQM). * The four T-Hubs have been set up in Indian Institute of Science (IISc) Bengaluru, Indian Institute of Technology (IIT) Madras along with Centre for Development of Telematics New Delhi, Indian Institute of Technology (IIT) Bombay and Indian Institute of Technology (IIT) Delhi. ### **Q15) Recently, 8th edition of India-Kazakhstan Joint Military Exercise KAZIND-2024 has been commenced in which of the following places?** * A. Umroi, Meghalaya * B. Mahajan, Rajasthan * C. Auli, Uttarakhand * D. Surat, Gujarat **Answer:** C. Auli, Uttarakhand ### **Q16) Recently, India and which of the following countries has signed a Bilateral Investment Treaty (BIT) to strengthen economic ties between the countries?** * A. Kyrgyzstan * B. Turkmenistan * C. Kazakhstan * D. Uzbekistan **Answer:** D. Uzbekistan ### **Q17) Recently, which of the following ministries has introduced the 'Jal Hi AMRIT scheme' within its first year, for effective water management?** * A. Ministry of Rural Development * B. Ministry of Earth Sciences * C. Ministry of Housing and Urban Affairs * D. Ministry of Jal Shakti **Answer:** C. Ministry of Housing and Urban Affairs ### **Q18) Recently, Ministry of Ports, Shipping & Waterways has launched the 'Cruise Bharat Mission' aimed at promoting cruise tourism in the country. 'Cruise Bharat Mission' will be implemented up to which year?** * A. 2027 * B. 2029 * C. 2032 * D. 2035 **Answer:** B. 2029 *** **About Cruise Bharat Mission:** * STPs with Clean Water Credits of 3-star and above in different groups as below will be incentivized: | Group | Clean Water STPs with treatment capacity (MLD) | Credits (Crore) | |---|---|---| | 1 | < 5 | 0.75 / 0.50 /0.25 | | 2 | 5 to < 10 | 1.5 / 1.0 / 0.75 | | 3 | 10 to 50 | 4 / 2 / 1.0 | | 4 | 50 to 100 | 6 / 3 / 2 | | 5 | 100 MLD & Above | 8 / 5 / 3 | ### **Q19) Recently, Department of Social Justice and Empowerment (DoSJE), and which of the following organizations have joined hands to launch 1.0. initiative to address needs of most vulnerable sections of society through awareness generation and legal support?** * A. Supreme Court of India * B. National Judicial Academy * C. Department of Legal Affairs * D. National Legal Services Authority (NALSA) **Answer:** D. National Legal Services Authority (NALSA) ### **Q20) Recently, Oxygen Bird Park (Amrit Mahotsav Park) has been inaugurated in Nagpur, Maharashtra. This park is developed by which of the following organizations?** * A. Maharashtra Forest Department * B. National Highways Authority of India (NHAI) * C. Nagpur Municipal Corporation * D. Ministry of Environment, Forest and Climate Change **Answer:** B. National Highways Authority of India (NHAI) ### **Q21) As per recent information, which of the following actors will be honoured with the Dadasaheb Phalke Award at the 70th National Film Awards ceremony?** * A. Sachin Pilgaonkar * B. Amol Palekar * C. Mithun Chakraborty * D. Mohanlal Viswanathan **Answer:** C. Mithun Chakraborty ### **Q22) Recently, who among the following has become the first woman officer to take over as Director General (DGAFMS)?** * A. Lt Gen Sadhna Saxena Nair * B. Surgeon Vice Admiral Sheila Saman * C. Surgeon Vice Admiral Arti Sarin * D. Lt General Madhuri Kanitkar **Answer:** C. Surgeon Vice Admiral Arti Sarin ### **Q23) Recently, who became the first Indian left-arm spinner to achieve the historic milestone of taking his 300th Test wicket?** * A. Yuzvendra Chahal * B. Kuldeep Yadav * C. Ravindra Jadeja * D. Axar Patel **Answer:** C. Ravindra Jadeja ### **Q24) Recently, 3rd edition of World Food India (WFI 2024), the biennial mega food event, has been organized by Ministry of Food Processing Industries (MoFPI). Which of the following countries has participated as the Partner Country in the event?** * A. South Korea * B. Japan * C. Iran * D. Vietnam **Answer:** B. Japan ### **Q25) Recently, Union Cabinet has approved National Mission on Edible Oils – Oilseeds (NMEO-Oilseeds), a landmark initiative aimed at boosting domestic oilseed production. The Mission will be implemented from 2024-25 to _____.** * A. 2027-28 * B. 2029-30 * C. 2031-32 * D. 2030-31 **Answer:** D. 2030-31 ### **Q26) Recently, official mascots of 2026 Asian Games and Asian Para Games both are unveiled. 2026 Asian Games will be hosted by which of the following countries?** * A. Thailand * B. Russia * C. Japan * D. Singapore **Answer:** C. Japan ### **Q27) Recently, which of the following countries has agreed to give up sovereignty of Chagos Islands to Mauritius?** * A. Canada * B. Britain * C. France * D. Germany **Answer:** B. Britain ### **Q28) Recently, which of the following companies has signed an agreement with M/s Carsten Rehder Schiffsmakler and Reederei GmbH & Co. KG Germany, for construction and delivery of 5th multi-purpose vessel (MPV) of 7,500 DWT (Deadweight tonnage)?** * A. Cochin Shipyard Limited (CSL) * B. Mazagon Dock Shipbuilders Limited * C. Garden Reach Shipbuilders & Engineers (GRSE) * D. Hindustan Shipyard Limited (HSL) **Answer:** C. Garden Reach Shipbuilders & Engineers (GRSE) ### **Q29) Recently, Prime Minister of India has inaugurated 'Lal Tipara Gaushala', India's first modern and self-reliant gaushala. It has been set up in collaboration with which of the following companies?** * A. Oil and Natural Gas Corporation Limited (ONGC) * B. Indian Oil Corporation Limited (IOCL) * C. Bharat Petroleum Corporation Limited (BPCL) * D. Hindustan Petroleum Corporation Limited (HPCL) **Answer:** B. Indian Oil Corporation Limited (IOCL) ### **Q30) Recently, Prime Minister of India has inaugurated GAIL (India) Limited first compressed biogas facility at which of the following places?** * A. Ranchi * B. Gwalior * C. Bhopal * D. Dhanbad **Answer:** A. Ranchi ### **Q31) Recently, which of the following organisation has launched micro-services based integrated supply chain management system - Darpan?** * A. National Agricultural Cooperative Marketing Federation of India (NAFED) * B. Agricultural and Processed Food Products Export Development Authority (APEDA) * C. Food Safety and Standards Authority of India (FSSAI) * D. Food Corporation of India (FCI) **Answer:** D. Food Corporation of India (FCI) ### **Q32) Recently, Bodo Jou Gwran, a potent brew with 16.11% alcohol content has received GI Tag from which of the following states?** * A. Mizoram * B. Assam * C. Arunachal Pradesh * D. Sikkim **Answer:** B. Assam *** **About Bodo Jou Gwran:** * The Bodo Traditional Brewers Association secured GI tags for three distinct rice beer varieties, each with unique flavours and historical significance. * **Leading the list is Bodo Jou Gwran, a potent brew with 16.11% alcohol content, the strong and aromatic taste of which is sought after amongst the Bodo rice beers.** * **Next is Maibra Jou Bidwi (locally known as Maibra Zwu Bidwi), a ceremonial beverage served as a welcome drink, prepared from fermented half-cooked rice.** * **The third variant, Bodo Jou Gishi, continues the tradition of rice-based alcoholic fermentation, and it is enjoyed during the Bwisagu festival.** * In addition to beverages, four notable Bodo dishes also earned GI recognition. * **Bodo Napham, a fermented fish dish prepared over three months, Bodo Ondla, a rice powder dish infused with garlic and ginger, Bodo Gwkha (Gwka Gwkhi), a festive dish enjoyed during the Bwisagu festival, and Bodo Janai, a traditional cloth made with jute leaves, all reflect the rich culinary traditions of the Bodo community.** * Adding to the list, the Bodo Aronai, a traditional cloth symbolising the Bodo culture, is also recognized. * Known for its intricate designs inspired by nature, it is customarily used to honour guests. ### **Q33) Recently, Bharat Electronics Limited (BEL) and Israel Aerospace Industries (IAI) have established a joint venture (JV) named BEL IAI AeroSystems Private Ltd. This joint venture (JV) is headquartered in which of the following cities?** * A. Delhi * B. Mumbai * C. Bengaluru * D. Hyderabad **Answer:** A. Delhi ### **Q34) Recently, which of the following companies and Royal Armed Forces of the Kingdom of Morocco has signed a contract to locally manufacture 150 Wheeled Armoured Platform (WhaP 8x8) Combat vehicles for Morocco under the Make in India initiative?** * A. Bharat Dynamics Ltd. * B. Tata Advanced Systems Ltd (TASL) * C. MTAR Technologies * D. Mahindra Defence System **Answer:** B. Tata Advanced Systems Ltd (TASL) ### **Q35) As per recent information, who among the following is set to publish his/her first memoir titled "Moth Smoke" in 2025?** * A. Kiran Desai * B. Jhumpa Lahiri * C. Amitav Ghosh * D. Arundhati Roy **Answer:** D. Arundhati Roy ### **Q36) In order to boost the educational infrastructure for the tribal communities, the Prime Minister has recently inaugurated how many Eklavya Model Residential Schools?** * A. 18 * B. 33 * C. 40 * D. 58 **Answer:** C. 40 ### **About Eklavya Model Residential Schools:** * **Eklavya Model Residential Schools aim to provide quality education in remote areas.** * Each school accommodates 48 students from Class VI to XII. * **PM Narendra Modi inaugurated 25 more Eklavya Model Residential Schools, with a total investment of over ₹ 2,800 crore.** ### **Q37) Recently, Prime Minister Narendra Modi has launched the 'Dharti Aaba Janjatiya Gram Utkarsh Abhiyan' in Simdega district of Jharkhand. What is the total outlay of the scheme?** * A. Rs. 60,210 crore * B. Rs. 79,156 crore * C. Rs. 84,246 crore * D. Rs. 92,216 crore **Answer:** B. Rs. 79,156 crore *** **About Dharti Aaba Janjatiya Gram Utkarsh Abhiyan:** * **Dharti Aaba Janjatiya Gram Utkarsh Abhiyan envisions saturation of critical gaps in social, economic, education, and livelihood, through 25 interventions implemented by 17-line ministries of the Central government, with convergence and outreach.** * **It ensures holistic and sustainable development of tribal areas and communities.** * **The Abhiyan will cover around 63,843 villages benefitting more than 5 crore tribal people in 2,911 blocks spread across all tribal majority villages and aspirational blocks in 30 States/UTs.** * **The scheme received Cabinet approval on 18th September 2024.** * **Funding:** To be shared between Centre and State * **Tenure:** 5 Years (2024-25 to 2028-29) ### **Q38) Recently, government has announced that interest rates on various small savings schemes, including Public Provident Fund (PPF), will remain unchanged for third consecutive quarter starting from October 1, 2024 to December 31, 2024. Interest rate for PPF has been retained at _____.** * A. 6.2% * B. 7.1% * C. 8.4% * D. 5.6% **Answer:** B. 7.1% *** ### **Post Office Small Savings Scheme Interest Rate Oct - Dec 2024** | SI. No. | Scheme Name | Current Interest Rate | Revised Interest Rate | Frequency of Compounding | Effective Return | Minimum Deposit | Maximum Deposit | Tenure | |---|---|---|---|---|---|---|---|---| | 1 | Savings Deposit | 4.00% | 4.00% | NA | 4.00% | Rs. 20 for opening | No Limit | NA | | 2 | Term Deposit 1 Yr | 6.90% | 6.90% | Qly | 7.08% | Rs. 200 | No Limit | 1 Yr | | 3 | Term Deposit 2 Yrs | 7.00% | 7.00% | Qly | 7.18% | Rs. 200 | No Limit | 2 Yrs | | 4 | Term Deposit 3 Yrs | 7.10% | 7.10% | Qly | 7.29% | Rs. 200 | No Limit | 3 Yrs | | 5 | Term Deposit 5 Yrs | 7.50% | 7.50% | Qly | 7.71% | Rs. 200 | No Limit | 5 Yrs | | 6 | RD-5 Yrs | 6.70% | 6.70% | Qly | 6.87% | Rs. 10 a month | No Limit | 5 Yrs | | 7 | NSC-5 Yrs | 7.70% | 7.70% | Yearly | 7.70% | Rs. 100 | No Limit | 5 Yrs | | 8 | Post Office Monthly Income Scheme (MIS) | 7.40% | 7.40% | NA | 7.40% | Rs. 1,500 (Single), Rs. 9 Lakh (Jointly) | Rs. 15 Lakh | 5 Yrs | | 9 | Public Provident Fund (PPF) | 7.10% | 7.10% | Yearly | 7.10% | Rs. 500 per year | Rs. 1.5 Lakh per year | 15 Yrs | | 10 | Senior Citizen Savings Scheme (SCSS) | 8.20% | 8.20% | NA | 8.20% | Rs. 1,000 | Rs. 30 Lakh | 5 Yrs | | 11 | Kisan Vikas Patra (KVP) | 7.50% | 7.50% | Yearly | 7.50% | Rs. 1,000 | No Limit | 123 Months | | 12 | Sukanya Samriddhi Scheme | 8.20% | 8.20% | Yearly | 8.20% | Rs. 1,000 | Rs. 1.5 Lakh per year | 21 Yrs | *** ### **Q39) What is India's overall global ranking among 67 economies in the recently released Institute for Management Development's World Talent Ranking 2024?** * A. 46th * B. 58th * C. 60th * D. 54th **Answer:** B. 58th ### **Q40) As per recent information, which of the following states has earned the top spot in Urban Governance Index (UGI) 2024?** * A. Sikkim * B. Nagaland * C. Kerala * D. Karnataka **Answer:** C. Kerala ### **Q41) Recently, Central Board of Direct Taxes (CBDT) has established new guidelines for condoning delay in filing income tax returns (ITRs) claiming refunds or carrying forward losses made in the past. What is the time limit for filing income tax returns (ITR) from the end of relevant assessment year?** * A. 5 years * B. 3 years * C. 4 years * D. 6 years **Answer:** A. 5 years *** **About CBDT's New Guidelines:** * **Monetary Limits for Authorities** * Principal Commissioners of Income Tax (Pr. CsIT/CsIT) are empowered to handle refund claims up to ₹ 1 crore. * Chief Commissioners of Income Tax (CCsIT) can address claims between ₹ 1 crore and ₹ 3 crores. * Principal Chief Commissioners of Income Tax (Pr. CCsIT) will manage claims exceeding ₹ 3 crores. * **Condonation of Delay in Verification:** The Central Processing Centre (CPC) in Bengaluru is now authorized to process applications for condonation of delay in verifying ITRs. * **5-Year Deadline for Claims:** No application will be considered if it is filed beyond five years from the end of the relevant assessment year. This provision applies to all applications submitted **from October 1, 2024, onwards.** * **Six-Month Timeframe:** Authorities are required to dispose of applications within six months of receipt. * **Supplementary Claims and Court-Ordered Delays:** The circular sets specific conditions for addressing supplementary refund claims and claims delayed due to court orders. *** **2024 Competitiveness Ranking** | Rank | Economy | |---|---| | 1 | Switzerland | | 2 | Singapore | | 3 | Luxembourg | | 4 | Sweden | | 5 | Denmark | | 6 | Iceland | | 7 | Norway | | 8 | Netherlands | | 9 | Hong Kong SAR | | 10 | Austria | | ... | ... | | 58 | India | | 59 | Peru | | 60 | Nigeria | | 61 | Bulgaria | | 62 | Mexico | | 63 | Philippines | | 64 | Ghana | | 65 | Venezuela | | 66 | Brazil | | 67 | Mongolia | *** ### **Q42) Recently, Union Cabinet has approved to confer the status of Classical Language to five languages. Which of the following is one of them?** * A. Marathi * B. Dogri * C. Assamese * D. Prakrit **Answer:** B. Dogri ### **Q43) Recently, Union Cabinet has approved the signing of a 'Letter of Intent,' enabling India to join the International Energy Efficiency Hub. Which of the following organizations/companies has been designated as the implementing agency for the Hub on behalf of India?** * A. Bureau of Energy Efficiency (BEE) * B. Central Electricity Authority * C. REC Limited * D. Energy Efficiency Services Limited (EESL) **Answer:** A. Bureau of Energy Efficiency (BEE) *** **About the International Energy Efficiency Hub:** * It is a global platform dedicated to fostering collaboration and promoting energy efficiency worldwide. * It was established in 2020 as the successor to the International Partnership for Energy Efficiency Cooperation (IPEEC), in which India was a member. * IPEEC was an autonomous partnership of nations founded in 2009 by the Group of 8 (G8) to promote collaboration on energy efficiency and for entities to share knowledge, best practices, and innovative solutions. * Its mandate was terminated in December 2019. * The hub brings together governments, international organizations, and private sector entities to promote collaboration on energy efficiency and for entities to share knowledge, best practices, and innovative solutions. * **Member countries:** Sixteen countries have joined the Hub (Argentina, Australia, France, Germany, India, Italy, Japan, Korea, Luxembourg, Russia, Saudi Arabia, South Korea, Spain, Switzerland, the United States and the United Kingdom). * **Its Secretariat is hosted at the International Energy Agency (IEA) in Paris, France.** ### **Q44) As per recent information, the Petroleum and Natural Gas Regulatory Board (PNGRB) has established a committee, headed by ______, to address the issue of ending monopolies in gas transmission and marketing.** * A. V. Satish Kumar * B. Ajay Tyagi * C. Hardeep Singh Puri * D. Anil Kumar Jain **Answer:** B. Ajay Tyagi ### **Q45) Recently, Union Cabinet has approved the rationalization of all Centrally Sponsored Schemes related to Agriculture and Farmer's into two-umbrella Schemes viz. Pradhan Mantri Rashtriya Krishi Vikas Yojana (PM-RKVY) and Krishonnati Yojana (KY). Which of the following is NOT a component of PM-RKVY?** * A. Crop Diversification Programme * B. National Food Security Mission * C. Rainfed Area Development * D. Soil Health Management **Answer:** B. National Food Security Mission *** **About PM-RKVY and Krishonnati Yojana:** * The PM Rashtriya Krishi Vikas Yojana (PM-RKVY) and Krishonnati Yojana (KY) have a proposed expenditure of Rs.1,01,321.61 crore. * Out of the total proposed expenditure of Rs. 1,01,321.61 crore, the projected expenditure of the Department of Agriculture & Farmers Welfare (DA&FW) is Rs. 69,088.98 crore, and the states share is Rs. 32,232.63 crore. This includes Rs. 44,246.89 crore for KY. * These Schemes are implemented through the State Governments. ### **Q46) Recently, the third 25T Bollard Pull (BP) Tug was launched at M/s Titagarh Rail Systems Limited, Kolkata. What is its name?** * A. Bhishm (Yard 377) * B. Bahubali (Yard 355) * C. Ashva (Yard 337) * D. Veera (Yard 355) **Answer:** C. Ashva (Yard 337) ### **Q47) Recently, which of the following organizations has received approval from International Medical Device Regulators Forum