Which country known as a tax haven, has introduced ‘Federal Corporate Tax’ for the first time?
- A. Marshall Islands
- B. Mauritius
- C. UAE
- D. Switzerland
Correct Answer: C. UAE
The United Arab Emirates (UAE) on Monday said it would introduce a federal corporate tax on business profits for the first time starting from June 1, 2023, although it kept the rate low, at 9 percent, to maintain its attractiveness for businesses. The Gulf Arab oil exporter, a magnet for the globe’s ultra-rich, has long benefited from its tax-free status to carve out a role as an international commercial, energy, and tourism hub.
Correct Answer: C. Denys Monastyrsky
Ukraine`s interior minister and other officials were among more than a dozen people killed by a helicopter crash on January 18, 2023 near a kindergarten outside Kyiv, in a blow to the war battered nation`s government. There was no immediate claim from Kyiv that Russian forces were involved in the tragedy, and authorities launched an investigation while crews were still working near the charred remains of the aircraft. Officials initially said that 18 people died but have revised the toll down to 14 including Interior Minister Denys Monastyrsky, other ministry officials and a child as search operations ended.
Correct Answer: B. China
The 3rd Belt and Road Forum for International Cooperation was held between 17 and 18 October 2023 in Beijing, China. It marked the 10th anniversary of the Belt and Road Initiative (BRI). The BRI is a global infrastructure and investment project announce by Chinese paramount leader Xi Jinping in 2013. The Belt and Road Forum for International Cooperation was previously held in 2017 and 2019.
Correct Answer: C. Jihad Al-Khalidi
Jihad Al-Khalidi named CEO of Saudi Arabia’s Music Commission. Minister of Culture Prince Badr bin Abdullah bin Farhan appointed Saudi musician Jihad Al-Khalidi as CEO of the Music Commission to launch its work developing the Saudi music sector.
Correct Answer: B. China
An IEEE Spectrum report, the Beijing-based company is set to send the world’s first mining robot named ‘asteroid mining robot’ into space by November 2020 to identify and extract resources. The mining robot will be launched into space by a Chinese Long March series rocket.
Correct Answer: B. May 24, 2022
On May 24, 2022, 18-year-old Salvador Rolando Ramos fatally shot nineteen students and two teachers, and wounded seventeen other people at Robb Elementary School in Uvalde, Texas, United States. It is the third-deadliest American school shooting, after the Virginia Tech shooting in 2007 and the Sandy Hook Elementary School shooting in 2012, and the deadliest in Texas.
Correct Answer: C. Public Engagement
The International Day of Parliamentarism is celebrate every year on 30 June, the date in 1889 on which the IPU was founded. The Day was established in 2018 through a United Nations General Assembly Resolution. In 2022, the Inter-Parliamentary Union (IPU) and its Member Parliaments will mark the International Day of Parliamentarism under the theme of public engagement.