1. Which of the following statement/statements is/are not true in relation to Romania’s President Traian Basescu survived the impeachment (a) People of Romania voted in a referendum on impeaching the President Traian Basescu on 28 July 2012.. (b) According to Romanian law, the referendum required at least thirty percent voting of eligible voters, while the turnout was under 46 percent on the day of referendum.. (c) The referendum came following Romanias center-left government, led by Prime Minister Victor Ponta, suspended Basescu as it accused him of making unnecessary interference in government affairs. (d) Traian Basescu was elected president of the country in 2004. Answer: (b) 2. Which two countries decided to Fast Track the Implementation of Various Agreements (a) United States and India (b) India and Bangladesh (c) India and Afghanistan (d) Russia and China Answer: (b) India and Bangladesh 3. Which of the following country, called on all nations within and outside Syria to fully cooperate with international envoy Kofi Annan to bring an end to the ongoing crisis situation in Syria. (a) United States (b) Britain (c) India (d) Russia Answer: (c) India 4. Which are the two countries signed an agreement to avoid double taxation and prevent fiscal evasion with respect to taxes on income on 27 July 2012 a. China and United Kingdom b. India and Indonesia c. France and United States d. China and France Answer: (b) 5. Which county banned the US-sanctioned Iranian ships from entering its water (a) India (b) Tokyo (c) Maldives (d) Afghanistan Answer: (a) India 6. As per the latest global ranking compiled and published by the World Federation of Exchanges (WFE) in August 2012, which became the world’s largest bourse in terms of the number of trades in equity segment for the first six months of 2012? a. National Stock Exchange (NSE) b. Bombay Stock Exchange (BSE) c. MCX-SX d. Ahmadabad Stock Exchange Answer: (a) 7. The Union Cabinet on 4 August 2012 approved the reserve price for auction of 2G spectrum as well as spectrum usage charges (SUC). The Cabinet set what reserve price for the 5 megahertz pan-India spectrum in the 1800 megahertz band? a. 1400 crore rupees b. 14000 crore rupees c. 140 crore rupees d. 14 crore rupees Answer: (b) 8. The Reserve Bank of India (RBI) in a notification issued on 3 August 2012 stated that all registered non-banking financial companies (NBFCs) which who intend to convert themselves into non-banking financial company-micro finance institutions (NBFC-MFIs) would have to seek registration with immediate effect, not later than 31 October 2012. Which of the following statements are not true with respect to this? 1. The central bank also mentioned that the NBFCs have to maintain net-owned funds (NOF) at Rs 3 crore by 31 March 2013, and at Rs.5 crore by 31 March 31 2014 2. NBFCs operating in the north-eastern region are to maintain the minimum NOF at Rs.1 crore by 31 March 2012, and at Rs.2 crore by 31 March 2014 3. The rate of interest on individual loans may exceed 31 per cent, the maximum variance permitted for individual loans between the minimum and the maximum interest rate cannot exceed 4 per cent 4. The cap on margins as defined by the Malegam Committee are not to exceed 10 per cent for large MFIs (loans portfolios exceeding Rs.100 crore) and 12 per cent for others a. 1 & 4 b. 2 & 4 c. Only 3 d. Only 4 Answer: (c) 9. According to the latest data released by the Controller General of Accounts (CGA) on 1 August 2012, Indias fiscal deficit in the first quarter (April-June) of the fiscal year 2012-13 stood at 1.90 lakh crore rupees. The amount is what per cent of the entire budget estimate? a. 31% b. 33% c. 35% d. 37% Answer: (d) 10. An Empowered Group of Ministers (EGoM) on drought, headed by agriculture minister Sharad Pawar in a meeting on 31 July 2012 took certain decisions to help farmers in the backdrop of the draught like situations prevailing in certain states. Which of the following is not a part of d decision taken by the EGoM? 1. The EGoM announced a 50 per cent diesel subsidy scheme for the farmers to help them save the standing kharif crop through irrigation 2. A relief package of Rs 1440 crore was also cleared towards watershed development-related efforts in Karnataka, Maharashtra, Gujarat and Rajasthan 3. The subsidy amount on seeds of cereals is to be increased from Rs 500 a quintal to Rs 800 per quintal, while that of pulses and oilseeds would be enhanced from Rs 1200 per quintal to Rs 2200 per quintal 4. Agriculture Ministry also decided to waive the duty on import of certain items to increase the availability of feed ingredients for animal husbandry sector needs. a. Only 3 b. Only 2 c. 1 & 2 d. Only 4 Answer: (a) 11. Yesteryear Bollywood superstar Rajesh Khanna passed away in Mumbai on 18 July 2012. Which facts about the concerned person is/are not true? 1. He was born on 29 December 1942, in Amritsar, Punjab 2. He made his debut in Bollywood in 1966 with the film Aakhri Khat 3. He was conferred the Padma Vibhushan by the government of India 4. He was elected to Lok Sabha in 1992 a. Only 1 b. 3&4 c. 1&2 d. Only 3 Answer: (d) 12. Identify the person with the help of the following clues. 1. He is the Rajya Sabha MP from West Bengal 2. He is a TV quiz host by profession 3. He became the first Anglo Indian to vote in Presidential Elections in India 4. He is a Trinamool Congress leader a. Derek o’ Brian b. Andy Chraine c. John Adams d. Subramanian Swamy Answer: (a) 13. Name the person who was appointed the new chairman of the High Level Committee on Financing Infrastructure on 16 July 2012. a. Deepak Parekh b. Adi Godrej c. KP Singh d. None of the above Answer: (a) 14. The Appointment Committee of the Cabinet (ACC) on 16 July 2012 decided to appoint Arun Mishra as the Chief of Director General of Civil Aviation (DGCA). Whom he replaced to the top post? a) EK Bharatbhushan b) Syed Nasim Ahmad Zaidi c) Rahul Khullar d) None of the above Answer: (a) 15. The Union Human Resource Development Ministry on 13 July 2012 agreed to set up two central universities in Bihar. The two universities will be opened in which of the two following towns of the state? a) Bhagalpur, Patna b) Patna, Munger c) Motihari, Gaya d) Patana, Siwan Answer: (c)
Posted on: Tue, 09 Sep 2014 11:24:24 +0000
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