Best IAS Coaching in Chennai | Geography Optional

1 .

The Securities Transaction Tax (STT) was introduced in India through which legislation?

Securities Contracts (Regulation) Act, 1956

Finance Act, 2004

Income Tax Act, 1961

SEBI Act, 1992

2 .

Which of the following statements about Securities Transaction Tax (STT) is correct?

It is an indirect tax collected by the stock exchange.

It is levied on the profit or loss at the end of the financial year.

It is a direct tax levied on every securities transaction through a recognised exchange.

It is refundable like Tax Deducted at Source (TDS).

3 .

Which of the following are associated with cold desert biosphere reserve in Himachal Pradesh?

1, 2 and 4 only

1, 2 and 3 only

1, 2, 3 and 4 only

1, 2, 3 and 5 only

4 .

Consider the following statements regarding a ‘Supermoon’.

It occurs only when the moon is at its perigee and appears full.
The Moon appears larger because its actual size apparently increases due to earth’s atmospheric bulging.
Supermoons can influence ocean tides, causing perigean spring tides.

Which of the above statements are correct?

1 and 3 only

2 only

1 and 2 only

1, 2, and 3

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