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Correct Answer : Droupadi Murmu
President Droupadi Murmu has officially granted her assent to two crucial pieces of legislation, namely the Central Goods and Services Tax (Amendment) Bill, 2023, and the Integrated Goods and Services Tax (Amendment) Bill, 2023. Both of these bills, which had recently received approval from the Parliament, have now become law with the President’s endorsement.Central Goods and Services Tax (Amendment) Bill, 2023: Enhancing Definitions and Scope :The Central Goods and Services Tax (Amendment) Bill, 2023, is designed to introduce amendments to the existing Central Goods and Services Tax Act of 2017. This bill encompasses adjustments to key definitions and provisions to better align with evolving technological and economic landscapes.* Defining Online Gaming and Virtual Digital Assets: The bill adds definitions for crucial terms such as “online gaming,” “online money gaming,” and “virtual digital assets.” It clarifies that online gaming refers to the offering of games over the internet or electronic networks, encompassing money gaming as well.
Integrated Goods and Services Tax (Amendment) Bill, 2023: Refining Taxation in the Digital Age :The Integrated Goods and Services Tax (Amendment) Bill, 2023, is centered around refining the provisions of the Integrated Goods and Services Tax Act of 2017. This amendment focuses on a specific aspect related to online activities.* Exclusion of Online Money Gaming from Online Information Services: A significant amendment introduced by this bill is the exclusion of online money gaming from the definition of “online information and data access or retrieval services.” This alteration recognizes the unique nature of online money gaming in contrast to other forms of online services.These amendments collectively reflect the government’s commitment to addressing contemporary challenges and opportunities in the realm of taxation and regulation. By accommodating the nuances of online activities, these bills contribute to a more comprehensive and up-to-date legislative framework.
Correct Answer : Option (C) - Puducherry
* Puducherry led the nation with 53.03% women electors in the 2024 Lok Sabha Elections, making it the state/UT with the highest percentage of women electors. * This significant milestone highlights the territory's efforts towards promoting inclusivity and gender equality in the electoral process. * The achievement is particularly notable, considering the overall increase in female electors and their participation in the elections.
Correct Answer : Option (D) - South Korea
* South Korea's parliament impeached Acting President Han Duck-soo on December 27, 2024, amid growing dissatisfaction over his refusal to appoint three judges to the Constitutional Court. * This event followed the impeachment of President Yoon Suk Yeol on December 14, 2024, after he briefly imposed martial law. * The impeachment of Han marked a historic moment as it was the first time an acting president in South Korea was impeached. * The political crisis significantly impacted the country, contributing to economic instability, with the Korean won reaching its lowest value in nearly 16 years.
Correct Answer : Option (B) - Sikkim
* The Kagyed Dance Festival is a major Buddhist celebration in Sikkim, held annually at Tsuklakhang Palace in Gangtok. * Featuring traditional Cham dances performed by masked monks, the festival symbolizes the destruction of evil forces and the welcoming of peace and prosperity. * Rooted in Tibetan Buddhism, it attracts locals and tourists alike, showcasing Sikkim's rich cultural and spiritual heritage.
