Daily current affairs based MCQ – 04 july 2019 – Diligent IAS 11/07/2019 – Posted in: DAILY MCQs

1.

Consider the following statements regarding Core Investment Companies:

(1) It carries on the business of acquisition of shares and securities.
(2) Core Investment Companies is a non-banking financial company.

Which of the statement/s given above is/are correct?

(a) 1 only
(b) 2 only
(c) Both 1 and 2
(d) Neither 1 Nor 2

 

2.

Consider the following statements regarding Trade Infrastructure for Export Scheme:

(1) The scheme is focused on addressing the needs of the exporters.
(2) It Provide assistance for setting up and up-gradation of infrastructure projects only.

Which of the statement/s given above is/are correct?

(a) 1 only

(b) 2 only
(c) Both 1 and 2
(d) Neither 1 Nor 2

3.

Recently, Union Cabinet has approved The Code on Wages Bill 2019. Consider the following statements in this regards:

(1) The bill provides that the Central Government will fix minimum wages for all sectors.
(2) The state government would be free to set minimum wages for certain categories of employment.

Which of the statement/s given above is/are correct?

(a) 1 only
(b) 2 only
(c) Both 1 and 2
(d) Neither 1 Nor 2

 

Solution: 1-C, 2-A, 3-B