UPSC Current Affairs Practice Questions - 21 June 2024

1. What does angel tax mean?

(a) A tax levied on the income generated by angel investors.

(b) A tax imposed on investments in startups when shares are sold at a value higher than their fair market value.

(c) A tax on the revenue of startups funded by venture capital firms.

(d) A tax applied to foreign investments in Indian startups.

2. State of Global Air 2024 Report released recently is published by

(a) WHO

(b) UNEP

(c) IPCC

(d) None

3. The Minimum Support Price (MSP) is approved by the

(a) Cabinet Committee on Economic Affairs

(b) NITI Aayog

(c) Commission for Agricultural Costs and Prices

(d) Agricultural Produce Market Committee

4. Consider the following statements:

Investment in an area where no previous facilities exist is referred to as Brownfield project.
The projects which are modified or upgraded are called Greenfield projects.

Which of the statements is/are correct?

(a) 1 only

(b) 2 only

(c) Both 1 and 2

(d) Neither 1 nor 2

5. Vadhavan Port, recently in news, is located in the state of

(a) Gujarat

(b) Maharashtra

(c) Karnataka

(d) Tamil Nadu

6. Carbon Border Adjustment Mechanism, often seen in news, is an initiative of

(a) UNEP

(b) UNFCCC

(c) OECD

(d) European Union

UPSC Current Affairs Practice Questions – 21 June 2024