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Current Affairs - 2019
Which of the following act was approved by the President Ram Nath Kovind, recently?
A)
Indian Stamp Act, 1899
B)
Age of Consent Act, 1911
C)
Care and Protection of Children Act, 2015
D)
Indian Institutes of Management Act, 2017

Correct Answer :   Indian Stamp Act, 1899

President Ram Nath Kovind gave his assent to the amendments to the Indian Stamp Act, 1899,which were introduced in the Parliament as part of the Finance Act 2019. These amendments have been introduced to regularise the system of levying stamp duty and to help in curbing tax evasion. For the stamp duty rates, the duties levied by Maharashtra will be taken as a benchmark as the state accounts for 70% of the total collection. They propose creation of a legal and institutional mechanism which will enable states to collect stamp duty on securities market instruments at one place by one agency(through the Stock Exchanges or Clearing Corporations authorised by the stock exchange or by the Depositories). They also propose a mechanism for appropriate sharing of the stamp duty with relevant state governments on the basis of state of domicile of the buying client.

Published On : July 11, 2021
Recently Updated Current Affairs
Q .
When is International Thalassemia Day observed every year?
A)
May 6th
B)
May 7th
C)
May 8th
D)
May 9th

Correct Answer :   May 8th

Observed annually on May 8th, World Thalassaemia Day aims to raise global awareness about this genetic disorder, support those affected and their caregivers, promote research for a cure, and dispel myths surrounding the disease.

This year’s (2024) theme is : “Empowering Lives, Embracing Progress: Equitable and Accessible Thalassaemia Treatment for All’’.

Understanding Thalassaemia :

Thalassaemia is a genetic disorder that affects the production of haemoglobin, leading to a shortage of red blood cells and anaemia. While carriers of the thalassaemia gene may lead normal lives, those with thalassaemia major require repeated blood transfusions and are susceptible to various infections, organ complications, and potential organ failure.

Published On : May 8, 2024
Q .
In which state was the 'School on Wheels' initiative launched on 5th May 2024?
A)
Manipur
B)
Assam
C)
Gujarat
D)
Himachal Pradesh

Correct Answer :   Manipur

Manipur government launched the "School on Wheels" initiative aiming to impart education to students sheltered in relief camps in the state following the year long ethnic strife in the state. The state government has closed schools and colleges following the severe hailstorm on Sunday (5th May 2024).

Manipur Governor Anusuiya Uikey on Sunday (5th May 2024) launched the "School on Wheels" initiative.

The initiative, inaugurated by Governor Anusuiya Uikey, entails a mobile educational setup equipped with a library, computers, and sports items, accompanied by a teacher, to visit various camps.

Addressing Educational Needs Amidst Crisis :

The “School on Wheels” initiative addresses the educational gap caused by the year-long ethnic conflict and subsequent displacement, particularly impacting the student population of Manipur. Governor Uikey emphasizes the significance of reaching out to students in relief camps and providing them with essential education during this challenging period.

Empathy and Support for Displaced Individuals :

Acknowledging the plight of displaced individuals, Governor Uikey expresses her empathy and pledges support by directing the state authorities to facilitate a process for the permanent settlement of those residing in relief camps. This comprehensive approach aims to not only provide immediate educational support but also work towards long-term solutions for the affected communities.

Published On : May 8, 2024
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