QUIZ 35 CURRENT AFFAIRS , 28th Dec 2017

Q 1 . Consider the following statements about  ‘Startup India’ Scheme 

1 . It was launched on 16 January 2014

2 . It is based on an action plan aimed at promoting bank financing for start-up ventures to boost entrepreneurship

3 . It is focused on to restrict role of States in policy domain and to get rid of “license raj”

Which among the above statements are correct ?

a . only 2

b .2 & 3

c . 1 & 2

d . 1 , 2 & 3

answer – b ( For explanation refer MICS CURRENT AFFAIRS dated 28th Dec )

Q 2 .  ‘Startup India’ Scheme is under

a . Department of Industrial Policy and Promotion (DIPP)

b . Department of Commerce

c . Department of Economic Affairs

d . Department of Investment and Public Asset Management

answer – a ( For explanation refer MICS CURRENT AFFAIRS dated 28th Dec )

Q 3 . Startup, under ‘Startup India’ Scheme means an entity, incorporated or registered in India

1 .  Not prior to ten years, however for Biotechnology Startups not prior to seven years

2 . With annual turnover not exceeding INR 5 crore in any preceding financial year

Which among the above statements is/are correct ?

a . only 1

b . only 2

c . both

d . none

answer – d( For explanation refer MICS CURRENT AFFAIRS dated 28th Dec )

Q 4 . Make in India initiative was launched on 

a . 25th September, 2014

b . 25th September, 2015

c . 25th September, 2016

d . 2nd October , 2016

answer – a ( For explanation refer MICS CURRENT AFFAIRS dated 28th Dec )

Q 5 . India’s largest blast furnace, Kalyani has been commissioned at

a . SAIL, Burnpur

b . SAIL , Rourkela

c . SAIL , Bhilai

d . SAIL , Bokaro

answer – a ( For explanation refer MICS CURRENT AFFAIRS dated 28th Dec )