Explore topic-wise InterviewSolutions in Current Affairs.

This section includes 7 InterviewSolutions, each offering curated multiple-choice questions to sharpen your Current Affairs knowledge and support exam preparation. Choose a topic below to get started.

1.

Micro small and medium Enterprises defines under which act?1). MSMS Act 20022). MSME Act 20053). MSME Act 2006 4). MSME Act 2007

Answer»

The MICRO Small & MEDIUM Enterprises (MSMEs) are defined in India under the MSME Act 2006 on the BASIS of capital investment made in plant and MACHINERY, excluding investments in land and building.
Discussion
2.

A company that exists only on paper and has no office and no employees, it may have a bank account. These type of companies are known as?1). Shell companies2). Dear companies3). Void companies4). Null Assets

Answer»
  • A company that exists only on paper and has no office and no employees, it may have a bank account, these type of companies are known as SHELL companies.
  • They neither manufacture anything nor render any service.
  • They are GENERALLY USED to make FINANCIAL transactions and could be used in money laundering, tax evasion, and other illegal ACTIVITIES.
Discussion
3.

1). 2 kg2). 4 kg3). 10 kg4). 20 kg

Answer»

The government of India, in consultation with the Reserve Bank of India, has decided to issue Sovereign Gold Bond, 2018-19-Series-I.

  • It was issued by RBI on BEHALF of the Government of India.
  • The BONDS will be restricted for sale to resident Indian entities including individuals, HUFs, Trusts, Universities, and Charitable Institutions.
  • The maximum LIMIT of subscribed shall be 4 KG for an individual, 4 Kg for Hindu Undivided Family (HUF) and 20 Kg for trusts.
  • The MINIMUM PERMISSIBLE investment will be 1 gram of gold.
Discussion