Prelims Current Affairs Quiz – 27 September 2023

Consider the following statements:
1. Angel Tax refers to the income tax payable on capital raised by unlisted companies through the issue of shares.
2. An angel investor is usually a high-net-worth individual who funds start-ups at the early stages, often with their own money.
Which of the statement(s) given above is/are correct?

Kerala state was recently in news because of pink phenomenon which was caused by Cabomba plant. Consider the following statements with regard to this plant:
1. It is an invasive species that belongs to Central and South America.
2. It requires a huge amount of oxygen to grow and that could badly affect freshwater biodiversity.
Which of the above statements is/are not correct?

Consider the following statements regarding the Coffee Board:
1. The Coffee Board is a statutory body constituted under the Coffee Act, 1942.
2. It functions under the aegis of the Ministry of Commerce and Industry.
3. The headquarters of the Coffee Board is located in Bangalore.
How many of the above statement(s) is/are correct?

Consider the following statements with respect to Remission of Duties and Taxes on Exported Products (RoDTEP) Scheme:
1. Under this Scheme, duties and taxes levied at the Central, State and local levels will be refunded to exporters in their ledger account with Customs.
2. The RoDTEP rates would be notified by the Department of Commerce.
Which of the statement(s) given above is/are correct?

Thirumurai, an ancient tamil text, related with: