Daily Quiz 08 April 2025
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Question 1 of 5
1. Question
1 pointsConsider the following statements regarding Bioeconomy:
1. Bioeconomy refers to the industrial use of biological resources for producing goods and services.
2. It involves the replication of natural biological processes in industrial production.
3. Bioeconomy relies exclusively on plant-based resources, excluding animals and microorganisms.
How many of the above statements are correct?Correct
Answer: B
Explanation:
- Statement 1 is correct: Bioeconomy involves using biological resources such as plants, animals, and microorganisms in industrial production.
- Statement 2 is correct: Bioeconomy includes replicating natural biological processes for producing goods and services.
- Statement 3 is incorrect: Bioeconomy is not limited to plant-based resources; it also includes animals and microorganisms.
Incorrect
Answer: B
Explanation:
- Statement 1 is correct: Bioeconomy involves using biological resources such as plants, animals, and microorganisms in industrial production.
- Statement 2 is correct: Bioeconomy includes replicating natural biological processes for producing goods and services.
- Statement 3 is incorrect: Bioeconomy is not limited to plant-based resources; it also includes animals and microorganisms.
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Question 2 of 5
2. Question
1 pointsFormerly known as SirajBagh,the Indira Gandhi Memorial Tulip Garden, is located in which one of the following states in India?
Correct
Answer: A
Explanation:
Option A is correct: Formerly known asSirajBagh, Indira Gandhi Memorial Tulip garden, previously Model Floriculture Center, is a tulip garden in Srinagar. It is the largest tulip garden in Asia spread over an area of about 30 hectares. It is situated on the foothills of Zabarwan Range with an overview of Dal Lake. The garden was opened in 2007 with the aim to boost floriculture and tourism in Kashmir Valley. The garden is built on a sloping ground in a terraced fashion consisting of seven terraces. Apart from tulips, many other species of flowers – hyacinths, daffodils and ranunculus have been added as well
Incorrect
Answer: A
Explanation:
Option A is correct: Formerly known asSirajBagh, Indira Gandhi Memorial Tulip garden, previously Model Floriculture Center, is a tulip garden in Srinagar. It is the largest tulip garden in Asia spread over an area of about 30 hectares. It is situated on the foothills of Zabarwan Range with an overview of Dal Lake. The garden was opened in 2007 with the aim to boost floriculture and tourism in Kashmir Valley. The garden is built on a sloping ground in a terraced fashion consisting of seven terraces. Apart from tulips, many other species of flowers – hyacinths, daffodils and ranunculus have been added as well
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Question 3 of 5
3. Question
1 pointsConsider the following statements with reference to Gross fixed capital formation (GFCF):
- It is defined as the acquisition of produced assets minus disposals.
- It doesn’t include the production of assets by producers for their own use.
Which of the statements given above is/are correct?
Correct
Answer: A
Explanation:
Statement 1 is correct and statement 2 is not correct: Gross fixed capital formation (GFCF) is defined as the acquisition of produced assets (including purchases of second-hand assets), including the production of such assets by producers for their own use, minus disposals.
Incorrect
Answer: A
Explanation:
Statement 1 is correct and statement 2 is not correct: Gross fixed capital formation (GFCF) is defined as the acquisition of produced assets (including purchases of second-hand assets), including the production of such assets by producers for their own use, minus disposals.
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Question 4 of 5
4. Question
1 pointsConsider the following statements with reference to Dalle Chilly:
- It is renowned for its unique purple colour.
- It has been granted a Geographical Indication (G.I) tag from the state of Assam.
Which of the statements given above is/are correct?
Correct
Answer: D
Explanation:
- Statements 1 and 2 are not correct: Dalle Chilly, also known as Fire Ball Chilly or DalleKhursani, is renowned for its intense pungency, bright red colour, and high nutritional value (vitamins A, C, and E, along with potassium).
In 2020, the Department for Promotion of Industry and Internal Trade (DPIIT), under the Ministry of Commerce & Industry, granted the GI tag to DalleChilli, a unique and highly pungent variety grown in Sikkim.
Incorrect
Answer: D
Explanation:
- Statements 1 and 2 are not correct: Dalle Chilly, also known as Fire Ball Chilly or DalleKhursani, is renowned for its intense pungency, bright red colour, and high nutritional value (vitamins A, C, and E, along with potassium).
In 2020, the Department for Promotion of Industry and Internal Trade (DPIIT), under the Ministry of Commerce & Industry, granted the GI tag to DalleChilli, a unique and highly pungent variety grown in Sikkim.
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Question 5 of 5
5. Question
1 pointsConsider the following statements with reference to the Equalisation Levy:
- It was introduced by the Finance Act, 2016.
- It is levied on online advertisement services, provision for digital advertising space, or any other facility or service for the purpose of online advertisement only.
Which of the statements given above is/are correct?
Correct
Answer: C
Explanation:
Statements 1 and 2 are correct: The Equalisation Levy was introduced by the Finance Act, 2016 on online advertisement services, provision for digital advertising space, or any other facility or service for the purpose of online advertisement only. The Finance Act, 2020, has extended the scope of this levy to e-commerce supply and services made/provided/facilitated on or after 01-04-2020.
Incorrect
Answer: C
Explanation:
Statements 1 and 2 are correct: The Equalisation Levy was introduced by the Finance Act, 2016 on online advertisement services, provision for digital advertising space, or any other facility or service for the purpose of online advertisement only. The Finance Act, 2020, has extended the scope of this levy to e-commerce supply and services made/provided/facilitated on or after 01-04-2020.
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