As per which article of Constitution, the Union Cabinet has approved to set up 15th Finance Commission?
- Article 281
- Article 282
- Article 280
- Article 283
Explanation:
The Union Cabinet has recently approved the setting up of the 15th Finance Commission which will assess the tax resources of the nation and suggest a formula for their devolution among states. Its recommendations will have to be in place before April 1, 2020 and will takes 2 years for Finance Commission to give its recommendations. As per Article 280 of the Constitution, the Commission is required to make recommendations on the distribution of the net proceeds of taxes between the Centre and the states. The Commission also suggests the principles which should govern the grants in aid of the revenues of the states out of the Consolidated Fund of India. The 14th Finance Commission was set up on January 2, 2013. Its recommendations cover the period from April 1, 2015 to March 31, 2020.
- Chennai
- Kochi
- New Delhi
- Pune
Explanation:
The Union government has approved the proposal for re-appointment of Sushil Chandra as Chairman of Central Board of Direct Taxes (CBDT) for a period of one year from June 1, 2017 till May 31, 2018. He was scheduled to retire on June 1, 2017. The Chairperson of CBDT is ex-officio special secretary and is under the direct charge of the revenue secretary of India. The CBDT is the apex policy making body for the Income Tax department. It has six members apart from the chairman and is responsible for framing policy and administrative issues related to direct taxes and the Income Tax department. The headquarters of CBDT is located in New Delhi.
- Taboo
- Tamra
- Tanra
- Tacma
Explanation:
The Union Minister of State (IC) for Power, Coal, New and Renewable Energy and Mines, Piyush Goyal has recently launched TAMRA mobile application and portal to ensure transparent award of statutory clearances for mining operations. TAMRA stands for “Transparency, Auction Monitoring and Resource Augmentation”. The portal covers block-wise, state-wise and mineral-wise information of the blocks to be auctioned, monitors various statutory clearances, and also highlights the additional resources generated through e-Auction. In case of delay in obtaining any clearances, TAMRA will send triggers to the concerned authority so that the remedial steps can be taken immediately by those responsible.
Secretariats of International Association of Deposit Insurers (IADI) is located at?
- Switzerland
- Germany
- France
- India
Which state assembly has passed Kapu reservation bill for 5% quota to community?
- Andhra Pradesh
- Telangana
- Kerala
- Tamil Nadu
Explanation:
The Andhra Pradesh assembly has unanimously passed the Kapu reservation bill to provide 5% quota to Kapu community under the Backward Castes (BC) ‘F’ Category in education and employment in the state. The bill will be sent to Centre for its approval and to include the Kapu reservation in Schedule 9 so that it will become legitimate. Though, Kapu quota if issued, will take the total quota in the state to 55%, which is more than 50% limit restricted by the Supreme Court. The state already has 29% reservation for Backward Castes under A, B, C, D and E categories. Apart from this, 15% and 6% reservations exist for Scheduled Castes (SCs) and Scheduled Tribes (STs), respectively.
- Abul Kalam Azad
- Shahnawaz Khan
- Khan Abdul Ghaffar Khan
- Asfaqulla
- Lord Irwin
- Ramsay Mac Donald
- Lord Linlithgow
- Winston Churchill
- George Hamilton
- Lord Curzon
- Lord Dufferin
- Lord Minto
- 1940
- 1932
- 1922
- 1920
s established the Muslim league?
- 1904
- 1906
- 1910
- 1015