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01-03-2015 QUESTION OF THE DAY (1-MARCH-2016)

Ques. : 1   What amount has been allocated for the new Employees’ Provident Fund (EPF) scheme in the Union Budget for 2016-17?
1) Rs 500 cr    2) Rs 1,000 cr
3) Rs 1,500 cr    4) Rs 2,000 cr
5) Rs 2,500 cr    

Ques. : 2   In the Union Budget for 2016-17, the excise duty on tobacco products other than beedis has been raised from 10 per cent to
1) 12 per cent    2) 14 per cent
3) 15 per cent    4) 18 per cent
5) 20 per cent    

Ques. : 3   The budget for 2016-17 proposes 1 per cent service charge on purchase of luxury cars over Rs 10 lakh and in-cash purchase of goods and services over
1) Rs 50,000    2) Rs 75,000
3) Rs 1 lakh    4) Rs 1.5 lakh
5) Rs 2 lakh    

Ques. : 4   An additional exemption of Rs 50,000 has been proposed in the Union Budget for 2016-17 for housing loans up to Rs 35 lakh, provided cost of house is not above
1) Rs 40 lakh    2) Rs 45 lakh
3) Rs 50 lakh    4) Rs 60 lakh
5) Rs 75 lakh    

Ques. : 5   What amount has been allocated for MGNREGA scheme for 2016-17 in the Union Budget for 2016-17?
1) Rs 30,500 cr    2) Rs 34,500 cr
3) Rs 38,500 cr    4) Rs 40,500 cr
5) Rs 44,500 cr    

Ques. : 6   Hashim Thaci has been elected as the new president of
1) Serbia    2) Albania
3) Kosovo    4) Estonia
5) Eretria    

Ques. : 7   The National Science Day is celebrated in India each year to mark the discovery of the ‘Raman Effect’ by Chandrasekhara Venkata Raman on
1) 24 Feb    2) 25 Feb
3) 28 Feb    4) 29 Feb
5) 01 Mar    

Ques. : 8   Who among the following has been appointment as the first chairman of the proposed Banks Board Bureau (BBB)?
1) Anjuly Chib Duggal    2) Roopa Kudwa
3) Anil Khandelwal    4) HN Sinor
5) Vinod Rai    

Ques. : 9   Which of the following states is all set to be declared as India’s first digital state by the President Pranab Mukherjee?
1) Karnataka    2) Tamil Nadu
3) Andhra Pradesh    4) Telangana
5) Kerala    

Ques. : 10   BK Garudachar passed away recently. He was India’s oldest
1) cricketer    2) hockey player
3) tennis player    4) shuttler
5) boxer    

ANSWERS
1.    Answer:- 2) Rs 1,000 cr

2.    Answer:- 3) 15 per cent

3.    Answer:- 5) Rs 2 lakh

4.    Answer:- 3) Rs 50 lakh

5.    Answer:- 3) Rs 38,500 cr

6.    Answer:- 3) Kosovo

7.    Answer:- 3) 28 Feb

8.    Answer:- 5) Vinod Rai

9.    Answer:- 5) Kerala

10.    Answer:- 1) cricketer


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