Daily Current Affairs based MCQs (08-06-19) 11/06/2019 – Posted in: DAILY MCQs

1.

Consider the following statements:

(1) The G7 member nations called for Digital tax for multinational technology companies.
(2) India has applied Equalization Levy since 2016 on digital advertising services.

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:

(1) Stressed assets are a powerful indicator of the health of the banking system.
(2) These are the assets which got an extended repayment period with reduced interest rate.
(3) These are classified into doubtful asset and loss assets.

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

(a) 1 and 2 only
(b) 2 only
(c) 2 and 3 only
(d) 1 only

Solution: 1-B, 2-D