June 24, 2021 - Daily Quiz
1. Consider the following w.r.t. Competition Commission of India
- It consists of a Chairperson and 6 Members.
- It is a judicial body.
- The Mergers, amalgamations and acquisitions in India are regulated by the Competition Commission of India.
Which of the Statements given above is/are correct?.
(a) 1 and 2 only
(b) 1, 2 and 3
(c) 1 and 3 only
(d) None of these
2. The "Great Reset" is an initiative by
(a) UN
(b) IMF
(c) WB
(d) WEF
3. Consider the following w.r.t. K-Shaped Recovery.
- It happens when different sections of an economy recover at starkly different rates.
- It really depends on the choice of how to disaggregate data across the economy.
Which of the Statements given above is/are correct?.
(a) 1 only
(b) 2 only
(c) 1 and 2
(d) Neither 1 Nor 2
4. Which metals are covered hallmarking in India?
- Gold
- Silver
- Platinum
(a) 1 and 2 only
(b) 1, 2 and 3
(c) 2 and 3 only
(d) None of these
5. Why are petrol and diesel prices continuing to rise in India in recent times?
- Increasing central taxes
- Increasing state taxes
- Impact of Covid-19
Which of the Statements given above is/are correct?
(a) 1 only
(b) 1 and 3 only
(c) 2 and 3 only
(d) 1, 2 and 3
Answers
1-(c) - It is a quasi-judicial body.
https://indianexpress.com/article/explained/explained-why-cci-ordered-a-probe-into-googles-conduct-in-the-smart-tv-segment-7371909/
https://www.taxmann.com/post/blog/715/what-is-competition-commission-of-india/
2-(d)
https://indianexpress.com/article/explained/what-is-the-great-reset-and-why-is-it-controversial-world-economic-forum-7160434/
3-(d)
https://indianexpress.com/article/explained/explained-ideas-what-is-a-k-shaped-economic-recovery-and-what-are-its-implications-7141416/
4-(a)
https://indianexpress.com/article/explained/what-is-gold-hallmarking-list-of-districts-where-it-is-mandatory-7361818/
5-(d)
https://energy.economictimes.indiatimes.com/news/oil-and-gas/oil-minister-gives-two-main-reasons-behind-rising-fuel-prices/81144518
https://www.thenewsminute.com/article/TNM-explained-why-have-petrol-and-diesel-prices-increased-so-much-143624
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