Master your Daily Current affairs - 1st Sep
1. What are Metal-organic frameworks (MOFs) primarily known for?
A) Being a type of organic solvent
B) Having a large surface area and uniform porous structure
C) Conducting electricity efficiently
D) Being used as food preservatives
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2. Which of the following is true about guppy fish?
A) Guppy fish are found only in saltwater environments
B) Male guppies are brightly colored and sexually dimorphic
C) Guppies are native to Europe and Asia
D) Female guppies are more colorful than males
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3. What effect does long-term exposure to fluoxetine have on male guppy fish?
A) It increases their swimming speed
B) It enhances their reproductive success
C) It reduces activity levels and increases refuge-seeking behavior
D) It makes them more aggressive towards other fish
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4. What is the primary function of Fluoxetine as a medication?
A) It acts as an antibiotic to fight bacterial infections
B) It inhibits the uptake of serotonin by neurons to help with depression, panic, anxiety, or obsessive-compulsive symptoms
C) It serves as a painkiller to alleviate chronic pain
D) It increases dopamine levels to treat Parkinson's disease
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5. Which of the following is NOT a condition for eligibility under the Dispute Resolution Scheme (e-DRS), 2022?
A) The taxpayer's income for the relevant year must be below Rs. 50 lakh
B) The disputed amount must not exceed Rs. 10 lakh
C) The dispute must involve information from searches or international agreements
D) The taxpayer must meet conditions specified in section 245MA of the Income-tax Act, 1961
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6. What is the maximum disputed amount eligible for resolution under the Dispute Resolution Scheme (e-DRS), 2022?
A) Rs. 5 lakh
B) Rs. 50 lakh
C) Rs. 10 lakh
D) Rs. 1 crore
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7. What is the primary objective of the Dispute Resolution Scheme (e-DRS), 2022 introduced by the Central Board of Direct Taxes (CBDT)?
A) To increase tax collection through penalties
B) To reduce litigation and provide a faster resolution for taxpayers
C) To audit all high-income earners annually
D) To increase the number of tax returns filed
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8. Which of the following is a significant contribution of the World Gold Council (WGC) to the gold market?
A) Creating the first gold exchange-traded fund
B) Setting the daily gold price
C) Monitoring illegal gold trade
D) Regulating gold imports and exports
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9. What is the primary purpose of imposing a Countervailing Duty (CVD)?
A) To increase government revenue from imports
B) To promote exports from the importing country
C) To counter the negative impact of import subsidies given by foreign governments
D) To support foreign companies in exporting their products
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10. How does Countervailing Duty (CVD) differ from Anti-dumping Duty?
A) CVD is imposed based on the subsidy value of foreign goods, while Anti-dumping Duty depends on the margin of dumping
B) CVD is imposed to support low-priced foreign goods, while Anti-dumping Duty is meant to encourage domestic production
C) CVD applies to goods from countries with high inflation, while Anti-dumping Duty applies to goods from low-cost production countries
D) CVD is a tax on domestic products, while Anti-dumping Duty is a tax on imported products
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11. Which international organization permits the imposition of Countervailing Duties (CVD) by its member countries?
A) International Monetary Fund (IMF)
B) United Nations (UN)
C) World Bank
D) World Trade Organization (WTO)
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12. Which river is the most significant and forms the boundary between Laos and several neighbouring countries?
A) Ganges River
B) Mekong River
C) Irrawaddy River
D) Red River
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13. What is the official name of Laos?
A) Republic of Laos
B) Lao People's Democratic Republic
C) Kingdom of Laos
D) Federal Republic of Laos
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14. Which mountain range is found in Laos?
A) Himalayas
B) Rocky Mountains
C) Annamite Range
D) Andes
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15. Which animals are primarily affected by Foot-and-Mouth Disease (FMD)?
A) Horses and dogs
B) Cats and rabbits
C) Cattle, swine, sheep, and goats
D) Chickens and turkeys
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16. What is the main cause of Foot-and-Mouth Disease (FMD)?
A) A bacterium from the Salmonella family
B) A virus from the Picornaviridae family
C) A fungus from the Aspergillus family
D) A parasite from the Plasmodium family
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17. What is one of the primary symptoms of Foot-and-Mouth Disease in affected animals?
A) Hair loss
B) Blister-like sores on the tongue and lips
C) Blindness
D) Weight gain
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18. What is the primary use of acetanilide when it was first introduced in therapy in 1886?
A) As an antibiotic
B) As a fever-reducing drug
C) As a treatment for bacterial infections
D) As an antiseptic
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19. What is a significant toxic side effect of excessive or prolonged use of acetanilide?
A) Liver damage
B) Kidney failure
C) Interference with the function of hemoglobin
D) Skin rashes
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20. Which compound has largely replaced acetanilide in therapy due to its lower risk of inducing blood disorders?
A) Aspirin
B) Ibuprofen
C) Acetaminophen (paracetamol)
D) Naproxen
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21. What is the significance of the Poba Reserve Forest in Assam?
A) It is the largest mangrove forest in India
B) It is one of the richest rainforests in Northeast India in terms of flora and fauna
C) It is the primary source of timber in Assam
D) It is the largest desert in Northeast India
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22. Which of the following animals is commonly found in the Poba Reserve Forest?
A) Bengal tiger
B) Wild boar
C) Snow leopard
D) Indian rhinoceros
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23. What role does the Poba Reserve Forest play in the migration of animals, particularly elephants?
A) It is a breeding ground for elephants
B) It is the primary food source for migrating elephants
C) It serves as a water source for migrating elephants
D) It is an important migratory route connecting several wildlife sanctuaries and national parks
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24. What is the primary mission of the World Gold Council (WGC)?
A) To regulate the global gold market
B) To promote the use and demand for gold
C) To set the global price of gold
D) To monitor and control gold mining activities worldwide
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25. Where is the headquarters of the World Gold Council (WGC) located?
A) New York, USA
B) Beijing, China
C) London, UK
D) Mumbai, India
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