Sri lanka economic crisis

Question 1

What are the 2 types of deficits that SL experienced?

Answer 1

Current account deficit (Imports>exports)
Budgetary deficit(National expenditure>National income)

Question 2

When did the economic crisis of SL start?

Answer 2

2019

Question 3

Which organisation was resposible for easter bombings?

Answer 3

National Thowheed Jamath (NTJ)

Question 4

When did SL introduce mandatory organic farming policy ? What is soverign default?

Question 5

When did SL declare default of all external debt?

Question 6

What is tax-free threshold? What is India’s tax free threshold?
(for taxable income of individuals)
What is the minimum income requirement for filing ITR?

context-Unfunded Tax cuts by Sri lankan goverment

Answer 6

5 lakh
1.5 Lakh

Question 7

What are the tax slabs of India?(income tax)

Answer 7

Rs 5.00 lakh- Rs 7.5 lakh–10%
Rs 7.5 lakh – Rs 10.00 lakh–15%
Rs 10.00 lakhs – Rs 12.50 lakh–20%
Rs 12.5 lakhs – Rs 15.00 lakh–25%

Question 8

What was the duration of SL civil war?What was the operation conducted by IAF to support LITTE?

Answer 8

1983-2009
operation Poomalai

Question 9

Who led the insurgency attacks aganist the SL government in 1983 , which started a 25 years civil war?

Answer 9

Vellupillai Prabhakaran

Question 10

What is Unitary Digital Identity framework of SL?

Question 11

Adani group is working on a port project in SL , what is the name of the project?

Answer 11

West Coast Terminal project

Question 12

13th amendment of SL

Question 13

What is SLINEX