(IGP) GS Paper 1 – Economic & Social Development – “Economic Updates – MCQ”

Integrated Guidance Programme of General Studies for IAS
(Pre)

Subject – Economic and Social Development
Chapter – Economy Updates

1. Consider the following
statements.

  1. Proposed GARR (General Anti Avoidence Rule)
    say that for the investors, a tax treaty would not have preferential status
    over the Indian domestic law.
     
  2. The Supreme Court of India on (2011)
    appointed Special Investigation Team (SIT) comprised Justice Altams Kabir &
    S.S. Nijjhar.

Which of the above statements is
/ are true ?

  1. Both 1 & 2
  2. 1 only
  3. 2 only
  4. Neither 1 nor 2

2. Consider the following
statements about Financial Action Task Force (FATF).

  1. FATF is the global body to combat money
    laundering & terror financing.
     
  2. India is not the member of FATF.

Which of the above statements is
/ are true ?

  1. 1 only
  2. 2 only
  3. Both 1 & 2
  4. Neither 1 nor 2


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