DAILY CURRENT AFFAIRS QUIZ (UPSC)- 11 MAY 2024

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DAILY CURRENT AFFAIRS QUIZ (UPSC)- 11 MAY 2024

Consider the following statements regarding the Directorate of Revenue Intelligence (DRI):
1. The DRI falls under the authority external Affairs.
2. They can only investigate pre-registered smuggling attempts.
3.The Narcotics Control Bureau (NCB) is a separate agency from the DRI.
How many statements given above are correct ?

Consider the following statements regarding the Gold Exchange Traded Funds (ETFs)
1. They are a type of investment vehicle that allows you to invest in gold directly.
2. Compared to physical gold, Gold ETFs offer Greater convenience and transparency.
3.Gold ETFs can be a good investment option for individuals seeking A hedge against inflation and market volatility.

How many statements given above are correct ?

Consider the following statements regarding the Gold Bonds (SGBs).
1. Gold Bonds (SGBs) are a unique investment option introduced by the Government of India in collaboration with RBI.
2. Interest earned on SGBs is taxable as income, but there is no capital gains tax if held till maturity (8 years).
3.SGBs are tradable on secondary markets like stock exchanges after the lock-in period of 5 years.
How many statements given above are correct ?

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    DAILY CURRENT AFFAIRS QUIZ (UPSC)- 11 MAY 2024 | Vaid ICS Institute