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Daily Current Affairs Quiz 13 October 2022
- October 13, 2022
- Posted by: Admin
- Category: Current Affairs Quiz GK Today Quiz
Daily Current Affairs Quiz 2022
This quiz is intended to introduce you to concepts and certain important facts relevant to Civil Service Exams 2022 such as UPSC, MPPSC, BPSC, UPPCS, etc. It is not a test of your knowledge. If you score less, please do not mind.
The following quiz will have 5 MCQs. The questions are mainly framed from The Hindu and PIB news articles, etc.
Please try to enjoy questions, discuss the concepts and facts they try to test from you, and suggest improvements.
Hope you enjoy this quiz. If you like it, then please share it. Thank you.
Daily Current Affairs Quiz 13 October 2022
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Question 1 of 5
1. Question
1 pointsWhich global bloc created Crypto-Asset Reporting Framework (CARF)?
Correct
a) OECD
The Organisation for Economic Co-operation and Development (OECD) has created a new global tax transparency framework for automatic exchange of information related to crypto assets between countries.
The framework named Crypto-Asset Reporting Framework (CARF) will be used by the countries to track the cross-border transfer of crypto assets. CARF will be presented to G20 Finance Ministers this week in Washington DC.Incorrect
a) OECD
The Organisation for Economic Co-operation and Development (OECD) has created a new global tax transparency framework for automatic exchange of information related to crypto assets between countries.
The framework named Crypto-Asset Reporting Framework (CARF) will be used by the countries to track the cross-border transfer of crypto assets. CARF will be presented to G20 Finance Ministers this week in Washington DC. -
Question 2 of 5
2. Question
1 points‘Automatic Exchange of Information’ seen in news is used in the context of
Correct
c) Taxpayer information
Automatic exchange of information involves the systematic and periodic transmission of “bulk” taxpayer information by the source country to the residence country concerning various categories of income (e.g. dividends, interest, etc.). It can provide timely information on non-compliance where tax has been evaded either on an investment return or the underlying capital sum, even where tax administrations have had no previous indications of non-compliance.
Recently, India has received the fourth set of Swiss bank account details of its nationals and organisations as part of an annual information exchange, under which Switzerland has shared particulars of nearly 34 lakh financial accounts with 101 countries.
Incorrect
c) Taxpayer information
Automatic exchange of information involves the systematic and periodic transmission of “bulk” taxpayer information by the source country to the residence country concerning various categories of income (e.g. dividends, interest, etc.). It can provide timely information on non-compliance where tax has been evaded either on an investment return or the underlying capital sum, even where tax administrations have had no previous indications of non-compliance.
Recently, India has received the fourth set of Swiss bank account details of its nationals and organisations as part of an annual information exchange, under which Switzerland has shared particulars of nearly 34 lakh financial accounts with 101 countries.
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Question 3 of 5
3. Question
1 pointsWho has won SASTRA Ramanujan Prize 2022?
Correct
b) Yunqing Tang
The SASTRA Ramanujan Prize 2022 will be awarded to Yunqing Tang, Assistant Professor at the University of California, Berkeley, USA. The award was instituted by Shanmugha Arts, Science, Technology & Research (SASTRA) and is presented annually to individuals aged 32 or below, who have made outstanding contributions in the field of mathematics.
Incorrect
b) Yunqing Tang
The SASTRA Ramanujan Prize 2022 will be awarded to Yunqing Tang, Assistant Professor at the University of California, Berkeley, USA. The award was instituted by Shanmugha Arts, Science, Technology & Research (SASTRA) and is presented annually to individuals aged 32 or below, who have made outstanding contributions in the field of mathematics.
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Question 4 of 5
4. Question
1 pointsMahakal Lok Project, which was inaugurated recently, is located in which state/UT?
Correct
d) Madhya Pradesh
Prime Minister Narendra Modi dedicated Phase I of the Mahakal Lok Project to the nation at Shri Mahakal Lok in Ujjain, Madhya Pradesh.
The total cost of the entire project is around ₹850 crore. The Mahakal Path contains 108 stambhs (pillars) which depict Anand Tandav Swaroop (Dance form) of Lord Shiva.Incorrect
d) Madhya Pradesh
Prime Minister Narendra Modi dedicated Phase I of the Mahakal Lok Project to the nation at Shri Mahakal Lok in Ujjain, Madhya Pradesh.
The total cost of the entire project is around ₹850 crore. The Mahakal Path contains 108 stambhs (pillars) which depict Anand Tandav Swaroop (Dance form) of Lord Shiva. -
Question 5 of 5
5. Question
1 pointsConsider the following statements with respect to ‘Flexi-Fuel Strong Hybrid Electric Vehicles (FFV-SHEV)’
1. These vehicles can run on 100% petrol or with upto 100% blended ethanol and electric power
2. Strong hybrids cannot run purely on one of these modes and use the secondary mode merely as a supplement to the main mode of propulsion
Select the correct statement(s)Correct
a) 1 only
When FFV is integrated along with strong hybrid electric technology, it is referred as FFV-SHEVs, which would run on 100% petrol as well as 20 to 100% blended ethanol and electric power. Hence, statement 1 is correct.
Strong hybrid is another term for full hybrid vehicles, which have the capability to run solely on either electric or petrol modes. In contrast, mild hybrids cannot run purely on one of these modes and use the secondary mode merely as a supplement to the main mode of propulsion. Hence, statement 2 is incorrect.
Recently, Union Minister for Road Transport and Highways Shri Nitin Gadkari Launched Toyota’s first of its kind pilot project on Flexi-Fuel Strong Hybrid Electric Vehicles (FFV-SHEV) in India today.
Incorrect
a) 1 only
When FFV is integrated along with strong hybrid electric technology, it is referred as FFV-SHEVs, which would run on 100% petrol as well as 20 to 100% blended ethanol and electric power. Hence, statement 1 is correct.
Strong hybrid is another term for full hybrid vehicles, which have the capability to run solely on either electric or petrol modes. In contrast, mild hybrids cannot run purely on one of these modes and use the secondary mode merely as a supplement to the main mode of propulsion. Hence, statement 2 is incorrect.
Recently, Union Minister for Road Transport and Highways Shri Nitin Gadkari Launched Toyota’s first of its kind pilot project on Flexi-Fuel Strong Hybrid Electric Vehicles (FFV-SHEV) in India today.
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