RAPID Mantra - Current Affairs Questions and Answers

1)   RAPID has been proposed as a mantra for senior tax administrators by PM Narendra Modi. What does R in it stand for?

a. Revenue
b. Research
c. Resource
d. Reason
Answer  Explanation 

ANSWER: Revenue

Explanation:
Prime Minister Narendra Modi on 16th June 2016 proposed the RAPID mantra to tax officials during the inauguration of Rajasva Gyan Sangam, for senior income tax officials.
The mantra stands for the following aspects:
R-Revenue
A-Accountability
P-Probity
I-Information
D-Digitisation

  • Mantra will help people to respect the rule of law as well as the long arm of the law for those evading taxes.
  • Conference also provided a performance to debate on emerging issues