Prelims Power Play 24 July 2024

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1. Consider the following regarding capital gain tax in Budget 2025

           Type of Asset                    Short Term Duration           Long term Duration

  1. Listed Stocks                        Less than 1 year                            More than 1 year
  2. Gold                                       Less than 3 years                          More than 3 years
  3. Unlisted Stocks                   Less than 2 years                          More than 2 years

How many of the above are correct?

 
 
 
 

2. Consider the following

  1. Uttar Pradesh
  2. Bihar
  3. Jharkhand
  4. West Bengal
  5. Odisha
  6. Andhra Pradesh

How many of the above states constitute Purvodaya in Budget 2024-25 , for the all-round development of the eastern region of the country?

 
 
 
 

3. Consider the following

Statement I: MSME sector contributes to inclusive growth in India 

Statement II: MSMEs are labor-intensive and play a vital role in creating employment opportunities across various sectors.

Which one of the following is correct in respect of the above statements?

 
 
 
 

4. Trastuzumab Deruxtecan, Osimertinib, and Durvalumab recently seen in news refers to

 
 
 
 

5. Consider the following

Statement I: The best way to increase Agri productivity is increase fertilizer subsidies

Statement II: The marginal returns of fertilizer subsidies are over 10 times higher than investing in Agri R&D

Which one of the following is correct in respect of the above statements?