Economic and Corporate News [Current Affairs]: Questions 1153 - 1155 of 1322

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Question number: 1153

» 2018 » June

» Economic and Corporate News » Commerce

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MCQ▾

Question

What is Petroleum & Safety Organisation (PESO)?

Choices

Choice (4)Response

a.

Subordinate office under Department of Industrial Policy & Promotion (DIPP).

b.

Nodal agency for regulating safety of substances such as explosives, compressed gases & petroleum.

c.

Indian Petroleum & Explosives Safety Service.

d.

All a. , b. and c. are correct

Question number: 1154

» 2018 » July

» Economic and Corporate News » Finance

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MCQ▾

Question

Banking structure in India starts with RBI. As of now 26 public sector banks in India. Out of these how many are Nationalized banks and how many are State Bank of india and its associate banks?

Choices

Choice (4)Response

a.

23 and 3

b.

16 and 10

c.

21 and 5

d.

19 and 7

Question number: 1155

» 2018 » June

» Economic and Corporate News » Commerce

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MCQ▾

Question

Which of the following is/are not the functions of National Anti-profiteering Authority?

I. Power to determine methodology & procedure.

II. Conduct investigation through Director General of Safeguards for detecting undue profiteering.

III. Assessment and collection of all internal revenue taxes, fees and charges.

IV. Reduce prices, return benefit that is not passed on to recipient, impose penalty or cancel registration.

V. Promote voluntary tax compliance

Choices

Choice (4)Response

a.

Only IV

b.

II and IV

c.

I and III

d.

III and IV

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