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Daily MCQ Quiz

1. Which of the following statements correct about law commison.
  1. The first law commsion of independent india was establishd in 1955 under chairmanship of M.C Setalvad
  2. The law commision of India is anon-statutory and non-constitutional body.
2. Consider the following statements about 'Purchasing Managers' Index (PMI)
  1. It is an indicator of business activity in the manufacturing sector only.
  2. A figure above 50 denotes expansion in business activity. Anything below 50 denotes contraction
  3. PMI is usually released at start of month by Central Statistics Office (CSO).
Which of the above statements is correct?
3. Consider the following statements about Angel Tax.
  1. The tax was introduced in the 2017 Union Budget to arrest laundering of funds.
  2. value of the shares sold.
  3. It is called angel tax since it largely impacts angel investments in startups.
Which of the above statements are correct?
4. Tropical storm Barry has recently hit which state of U.S?
5. The bilateral trade between the india and which could reach 238 billion dollars by 2025.
6. Which country has announced to impose sanctions on U.S companies that are involved in potential arms sale wprth $2.2 billion to Taiwan?

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