1)   Identify the indirect taxes from the given list of taxes:

Customs duty

Stamp duty

Entertainment tax

Service tax

A) 1 & 2 only

B) 2 & 3 only

C) 3 & 4 only

D) 1, 2, 3 & 4

Indirect taxes are levied on goods/services and the incidence can be passed to the consumer (unlike direct taxes on income/wealth).

Customs duty – tax on import/export of goods → indirect.

Stamp duty – tax on transactions/documents (e.g., property transfer) → indirect.

Entertainment tax – tax on entertainment services → indirect.

Service tax – tax on provision of services → indirect.

Ans)  D) 1, 2, 3 & 4


2)   The mega air exercise the Indian Air Force will host in August 2024, expected to being together 12 global Air Forces:

A) Tarang Sakthi

B) Gagan Sakthi

C) Vayu Sakthi

D) Indradhanush

Tarang Shakti (Tarang Sakthi) is the Indian Air Force’s first-ever multinational mega air exercise hosted by India, planned for August 2024, with participation expected from about 12 air forces. Its aim is to enhance interoperability, share best practices, and practice complex air operations with friendly nations.

Gagan Shakti is a large IAF-only (domestic) war-readiness exercise conducted periodically across India—not a multinational event.

Vayu Shakti is the IAF’s firepower demonstration (usually at Pokhran), showcasing live weapons and tactics, not a multinational exercise.

Indradhanush is a bilateral exercise between the IAF and the UK’s Royal Air Force, not a 12-nation meet.

Ans)  A) Tarang Sakthi