Daily UPSC Prelims Current Affairs – May 18-19, 2023 [Mock Test]

1. Consider the following statements:

  1. Angel Tax is a tax levied on investments made by external investors in startups.
  2. Entire investment is taxed subjected to over 30% tax if it is more than the fair market value (FMV).

Which of the statements given above is/are correct?

[A] Only 1
[B] Only 2
[C] Both 1 & 2
[D] Neither 1 nor 2

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2. Consider the following statements regarding United Nations Population Fund:

  1. It is the United Nations sexual and reproductive health agency.
  2. Ending gender-based violence and harmful practices is one of its objectives.
  3. It was created in 1969 to deliver a world where every pregnancy is wanted.

Which of the statements given above are correct?

[A] Only 1 & 2
[B] Only 2 & 3
[C] Only 1 & 3
[D] 1, 2 & 3

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3. Which of the following is/are the features of Gramdan Act?

  1. At least 75% of the landowners in the village should surrender land ownership to the village community.
  2. 50% of the surrendered land is distributed to the landless in the village for cultivation.
  3. All the cultivators who have joined Gramdan should contribute 10% of their income to the community.

Choose the correct answer using the codes given below:

[A] Only 1
[B] Only 2
[C] Only 1 & 2
[D] 1, 2 & 3

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