ACAE Quiz, February 2020

1. Direct Taxes Vivad se Viswas Bill 2020:
The Schme is valid upto :

2. Direct Taxes Vivas se Viswas Bill 2020:
Specified Date as per the Bill is :

3. Those taxpayers who have aggregate turnover of over Rs _____ must generate e-invoices from 1st April 2020.

4. An invoice issued by a registered person, whose aggregate turnover in a financial year exceeds Rs______, to an unregistered person, shall have Quick Response (QR) code.

5. Provision relating to amendment in payment of Interest on cash portion under section 50(1) of the CGST Act, 2017 is notified from the following date

6. HSN codeOF duty credit scripts under meis are :

7. As per amendment of Companies (Appointment and Qualification of Directors) Rules, 2014, which of the following individuals are exempted from Online Proficiency Self -Assessment Test?
     
i. An individual who has served for a period of not less than ten years in a listed company as on the date of inclusion of his name in the databank as director or key managerial personnel.

ii. An individual who has served for a period of not less than ten years in an Unlisted Public Company as on the date of inclusion of his name in the databank as director or key managerial personnel.

iii. An individual who has served for a period of not less than ten years in an Unlisted Public Company having a paid-up share capital of rupees ten crore or more as on the date of inclusion of his name in the databank as director or key managerial personnel.

iv. An individual who has served for a period of not less than fifteen years in an Unlisted Public Company having a paid-up share capital of rupees two crore or more.

Which of the above is correct?

8. What best describes Corporate Social Responsibility?

9. The area of AI that investigates methods of facilitating communication between people and computers is:

10. Which of the following is the most prominent and used tool in big data industry with its enormous capability of large-scale processing data?