Current Affairs based MCQ MAR 13

Welcome to your Current Affairs based MCQ MAR 13

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1.Consider the following statements with reference to Indexation Benefit which was in recently when 2018 – 19 Budget was proposed:



  1. Investors can save taxes by clubbing all capital gains and losses incurred by them in their equity investments during any financial year

  2. It allows investors to adjust the purchase price for inflation thereby bringing down taxable gains


Which of the above statements is/are correct?

2. Consider the following statements:



  1. The Parliament can amend a repealed legislation retrospectively

  2. The finance bill, the passing of which by the Parliament is a part of enactment of the budget, is a money bill


Which of the above statements is/are correct?

3. Which of the following is/are Legal Tender in India?



  1. Currency notes and coins

  2. Cryptocurrency

  3. Cheques

4. The General Data Protection Regulation (GDPR) is a regulation that intends to strengthen and harmonise data protection law frameworks across the

5. Consider the following statements with reference to Inflation Trends in India for the past 2/3 years:



  1. The average Consumer Price Index has steadily declined since 2014-15

  2. The average Wholesale Price Index declined in 2015-16 but has been rising since


Which of the above statements is/are correct?

6. Consider the following statements with reference to Medaram jatara:



  1. It is a tribal Festival celebrated in the state of Telangana and is also known as Sammakka-Saralamma Jatara.

  2. The State government has declared it has state festival.


Which of the above statements is/are correct?

7. Consider the following statements about United Nations Relief and Works Agency for Palestine Refugees in the Near East (UNRWA)



  1. It was created aftermath of the Arab Spring

  2. It is the only agency dedicated to helping refugees from a specific region or conflict


Which of the above statements is/are correct?

8. Which of the following defines the term Intended Nationally Determined Contributions, recently in news?

9. Consider the following statements about ‘INS Karanj’



  1. It is a Scorpene class submarine

  2. It is built by Mazagon Dock Limited (MDL) in collaboration with French Naval Group (formerly DCNS).


Which of the above statements is/are correct?

10. Consider the following statement about ‘Nilgiri marten’ recently in news:



  1. It is endemic to the Western Ghats of India

  2. It is listed in Schedule II of the Indian Wildlife (Protection) Act, 1972


Which of the above statements is/are correct?