UPSC Daily Static Quiz: 22 May 2023
UPSC Daily Static Quiz 22 May 2023 composed by the Gkseries team is very helpful to UPSC aspirants. UPSC Daily Important Topic |22 May 2023
May 2023
Government Initiatives for Welfare of Children: UPSC Daily Important Topic | 22 May 2023
Government Initiatives for Welfare of Children ✓• Mission Vatsalya: It is a scheme of Government of India to secure a healthy and happy childhood for every child in India. The Mission’s objectives are to assist the States and UTs in implementing the provisions of JJ Act, 2015 and achieve SDG goals. It will include service
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Which of the following public sector bank sees decline in annual net profit in FY2023 ?
(a) Bank of Maharashtra (BoM) (b) UCO Bank (c) Bank of Baroda (d) Punjab National Bank (PNB) Ans.(d) Sol. PNB reported a 27 percent decline in annual net profit from Rs 3,457 crore in 2021-22 to Rs 2,507 crore in the year ended March 2023.
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_____________ is Tax Collection at Source ( TCS) ?
(a) Tax levied on international transactions (b) Tax levied on domestic transactions (c) Taxes collected by traders on behalf of the government (d) Tax collected by individuals on their income Ans.(c) Sol. Tax Collected At Source (TCS) refers to the tax collected by merchants or sellers at the time of sale or provision of certain
_____________ is Tax Collection at Source ( TCS) ? Read More »
Which regions is most affected by desertification?
(a) Europe (b) North America (c) Asia (d) Australia Ans.(c) Sol. Asia is the most affected region by desertification, with large areas experiencing land degradation and desert expansion due to factors such as population pressure, climate change, and unsustainable land management practices.
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The newly constructed coastal posts of the Border Security Force (BSF) are located on the ___ coast.
(a) Digha (b) Alibaug (c) Jakhau (d) Visakhapatnam Ans.(c) Sol. The coastal outposts of the BSF were virtually inaugurated by Amit Shah at the Jakhau coast in the Kutch district.
____________ is the new relaxation in TCS rules for international debit and credit card transactions in India ?
(a) 10 percent TCS on all international transactions (b) Exemption from TCS for transactions up to Rs 7 lakh per financial year (c) 20 percent TCS on all international transactions (d) Exemption from TCS for transactions up to Rs 5 lakh per financial year Ans.(b) Sol. The Indian government has relaxed the TCS rules and
Which of the following ministry is responsible for implementing the “ My LiFE, My Clean City” campaign ?
(a) Ministry of Health and Family Welfare (b) Ministry of Environment, Forest and Climate Change (c) Ministry of Housing and Urban Affairs (d) Ministry of Rural Development Ans.(c) Sol. The “Meri LiFE, Mera Swachh Seher” campaign is implemented under the auspices of the Ministry of Housing and Urban Affairs.
Public Sector Banks (PSBs) in India have achieved a significant milestone in the financial year ending March 2023 , their cumulative profit has crossed the Rs 1 lakh crore mark. Which of the following public sector bank registered the highest net profit growth in percentage terms in FY2023 ?
(a) State Bank of India (SBI) (b) Bank of Maharashtra (BoM) (c) UCO Bank (d) Bank of Baroda Ans.(b) Sol. According to the financial results analysis, Bank of Maharashtra recorded the highest net profit growth of 126 percent to Rs 2,602 crore in FY23.
What are the recent changes made by IRDAI with respect to solvency requirements for Surety Bonds?
(a) Solvency requirement increased from 1.5 times to 1.875 times (b) Completely removed the solvency requirement (c) Solvency requirement reduced from 1.875 times to 1.5 times (d) Set the solvency requirement at 2 times the previous limit (e) None of the above Ans.(c) Sol. IRDAI has relaxed the solvency requirement for surety bonds, making it