UPSC Current Affairs Quiz – 20 November 2024

1. With reference to the Enforcement Directorate (ED), consider the following statements:

1. The ED is responsible for enforcing the Foreign Exchange Management Act (FEMA) and the Prevention of Money Laundering Act (PMLA).
2. It operates under the Ministry of Finance, Government of India.
3. The ED has the authority to prosecute individuals for tax evasion.

Which of the statements given above is/are correct?

2. With reference to the Debt Recovery Tribunal (DRT), consider the following statements:

1. The DRTs were established under the Recovery of Debts Due to Banks and Financial Institutions Act, 1993.
2. The DRTs have the authority to handle cases involving the recovery of debts above ₹20 lakh.
3. Appeals against the orders of DRTs can be made to the National Company Law Tribunal (NCLT).

Which of the statements given above is/are correct?

3. With reference to the places associated with Gautama Buddha, consider the following statements:

1. Vaishali is the place where Buddha announced his impending death.
2. Kapilavastu is the place where Buddha spent his early years as Prince Siddhartha.
3. Nalanda is where Buddha delivered his first sermon.

Which of the statements given above is/are correct?

4. With reference to the Serious Fraud Investigation Office (SFIO), consider the following statements:

1. The SFIO was established under the Companies Act, 2013.
2. The SFIO operates under the Ministry of Corporate Affairs.
3. The SFIO has the authority to investigate and prosecute cases of tax evasion.

Which of the statements given above is/are correct?

5. What is the primary objective of the One Day One Genome Initiative?