[Mission 2022] QUIZ – 2021: Insights Current Affairs Quiz , 18 April 2022 – INSIGHTSIAS

Solution: c)

Which taxes at the Centre and State level are being subsumed into GST?

At the Central level, the following taxes are being subsumed:

1. Central Excise Duty,
2. Additional Excise Duty,
3. Service Tax,
4. Additional Customs Duty commonly known as Countervailing Duty, and
5. Special Additional Duty of Customs.

At the State level, the following taxes are being subsumed:

1. Subsuming of State Value Added Tax/Sales Tax,
2. Entertainment Tax (other than the tax levied by the local bodies), Central Sales Tax (levied by the Centre and collected by the States),
3. Octroi and Entry tax,
4. Purchase Tax,
   e. Luxury tax, and
5. Taxes on lottery, betting and gambling.

Taxes not subsumed under GST include Basic Custom Duty, Central Excise on Petroleum Products, Anti-Dumping Duty, VAT on alcohol for human consumption, Stamp Duty, Property Tax (levied by local bodies), Professional Tax.

Solution: d)

When coal is burned it releases a number of airborne toxins and pollutants. They include Carbon dioxide, mercury, lead, sulfur dioxide, nitrogen oxides, particulates, and various other heavy metals. Health impacts can range from asthma and breathing difficulties, to brain damage, heart problems, cancer, neurological disorders, and premature death.

Solution: c)

The Ministry of Home Affairs (MHA) can designate individuals as “terrorists” under the amended anti-terror law that was passed by the Parliament in 2019.

The Unlawful Activities Prevention Act (UAPA), enacted in 1967, was first amended in 2004, 2008 and 2013.

The UAPA as amended in August 2019 gave the MHA the power to designate individuals as terrorists.

Solution: a)

NITI Aayog’s Agricultural Markets and Farmer Friendly Reforms Index — AMFFRI, an index that evaluates Indian states on the extent to which each of them undertook required agri-reforms; a low AMFFRI rank implies the state is undertaking desired reforms. It was found that states that undertook reforms, and were thus ranked low on AMFFRI, witnessed a relatively faster agri-GDP growth rate and states which did not undertake required reforms, and thus were ranked high on the AMFFRI, witnessed relatively lower agri-GDP growth rates.

Solution: a)

A short circuit is an abnormal condition in an electrical circuit where the electrical current flows through an unintended, shorter pathway instead of following the circuit. This results in an excessive current flowing through the circuit. The opposite of a short circuit is an “open circuit”, which is an infinite resistance between two nodes.