1. Which of the below mentioned statements are correct:
1) Finance Minister Nirmala Sitharaman is the first woman in the history of Independent India to present the Union Budget
2) Under Article 112 of the Constitution, a statement of estimated receipts and expenditure of the Government of India has to be laid before Parliament in respect of every financial year
.
1 Only
2 Only
Both 1 and 2
Neither 1 nor 2
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2. With reference to changes in Income Tax regime which of the below mentioned statements are correct:
1) Tax rates have been lowered from 30% to 20% for those earning between ₹10 lakh and ₹12.5 lakh
2) Income below Rs 10 Lakh is non taxable
1 Only
2 Only
Both 1 and 2
Neither 1 nor 2
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3. With reference to the recent budget, which of the below mentioned statements are correct:
1) The customs duty on the import of food processing products has been raised to 100%
2) customs duty on imports of newsprint and lightweight coated paper has increased from 10% to 15% to boost the domestic industries
1 Only
2 Only
Both 1 and 2
Neither 1 nor 2
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4. Which of the below mentioned statements are correct, with reference to “Siddis” tribe of Karnataka:
1) People of this ethnic group descended from the Bantu-speaking people of Southeast Africa
2) They were brought to India by Portuguese merchants about 400 years ago
1 Only
2 Only
Both 1 and 2
Neither 1 nor 2
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5. Which of the below mentioned statements are correct:
1) International Convention on Standards of Training, Certification and Watchkeeping for Seafarers (STCW), 1978 sets minimum qualification standards for masters, officers and watch personnel on seagoing merchant ships and large yachts
2) it applies to ships of party States when visiting ports of States which are Parties to the Convention
1, 2 and 3 Only
2, 3 and 4 Only
1, 2 and 3 Only
1, 2 and 4 Only
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