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July Quiz
Question 1/5
Q1. Consider the following statements regarding the National Mission on Cultural Mapping:
It seeks to open a direct channel of communication of artists with the Government of India.
It is part of Ek Bharat Shreshtha Bharat initiative.
Which of the statements given above is/are correct?
A
1 only
B
2 only
C
Both 1 and 2
D
Neither 1 nor 2
Submit
Question 2/5
Q2. With reference to India's culture and tradition, what is 'Kalaripayattu'?
A
It is an ancient Bhakti cult of Shaivism still prevalent in some parts of South India.
B
It is an ancient style bronze and brass work still found in southern part of Coromandel area.
C
It is an ancient form of dance-drama and a living tradition in the northern part of Malabar.
D
It is an ancient martial art and a living tradition in some parts of South India.
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Question 3/5
Q3. Consider the following statements:
Long Term Capital Gains are made on all assets held for a period exceeding two years.
Capital Gains are not applicable to an inherited property.
Which of the statements give above is/are correct?
A
1 only
B
2 only
C
Both 1 and 2
D
Neither 1 nor 2
Submit
Question 4/5
Q4. With respect to Cost Inflation Index (CII), consider the following statements:
It is used by the income-tax department to adjust the acquisition cost for inflation.
With a base value of 100, the base year for CII is 2011.
Which of the statements given above is/are correct?
A
1 only
B
2 only
C
Both 1 and 2
D
Neither 1 nor 2
Submit
Question 5/5
Q5. Which one of the following terms is used to refer to the income tax payable on the capital raised by unlisted companies via the issue of shares through off-market transactions?
A
Withholding tax
B
Angel Tax
C
Start-up tax
D
Fairy tax
Submit
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