Panama Papers : Part - 1

1) Panama papers are related to which of the following options:

a) Tax Evasion.
b) Free Trade Agreement.
c) Defence Partnership.
d) Human Rights Issue.

2) The leaked documents belong to a law firm headquartered in Panama. The name of this law firm is:

a) Charlie Hebdo
b) Mossack Fonseca
c) Suddeutsche Zeitung
d) None of the above

3) The team set up by Government of India to probe the leak does not consists of which of the following organizations?

a) CBDT and FIU
b) RBI
c) Foreign Tax and Tax Research Division
d) CBI

4) Under the Liberalized Remittance Scheme, how much amount is allowed by RBI to freely remit overseas for any permissible current or capital account transactions?

a) $100000
b) $50000
c) $250000
d) $75,000

Answers:

1) a
2) b
3) d
4) c