Current Affairs Quiz
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India and the world move fast, and this category tries to keep pace: recent national policy decisions, elections and appointments, major international developments, and news that's been widely reported in the past several months. This is the DesiQuiz category refreshed most often, on purpose -- what's here today may look different from what was here last month. Good for players who follow the news closely, and a low-stakes way to catch up for those who don't.
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Q1.Which ministry presents the Union Budget in Parliament?
Q2.How many elected members does the Lok Sabha have?
Q3.Which body replaced the Planning Commission in 2015?
Q4.Which tax replaced many indirect taxes in India from 1 July 2017?
Q5.What does UPI stand for in digital payments?
Current Affairs answers and explanations
Q1.Which ministry presents the Union Budget in Parliament?
The Union Budget is presented by the Finance Minister on behalf of the Ministry of Finance, usually on 1 February. It sets out the government's estimated receipts and spending for the coming financial year.
Q2.How many elected members does the Lok Sabha have?
The Lok Sabha has 543 elected members, within a constitutional maximum of 550. The Rajya Sabha, the upper house, has up to 250 members.
Q3.Which body replaced the Planning Commission in 2015?
NITI Aayog (National Institution for Transforming India) replaced the Planning Commission on 1 January 2015 as the government's policy think-tank. Unlike its predecessor, it does not allocate funds.
Q4.Which tax replaced many indirect taxes in India from 1 July 2017?
GST, a single destination-based tax on goods and services, came into force on 1 July 2017. The GST Council, which includes the Union and state finance ministers, oversees it.
Q5.What does UPI stand for in digital payments?
UPI, launched by the National Payments Corporation of India in 2016, lets people send money instantly between bank accounts from a phone, using a virtual payment address instead of account details.
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