Download - Current Affairs Jun 2012

India Current Affairs Quiz/Questions-Answers January 2012 1. Union Cabinet of India on 24 January 2012 renamed the Mana Airport at Raipur as the___ Airport, Raipur. a) Swami Vivekananda b) Ramakrishna Paramhamsa c) Mahatma Gandhi d) Jawaharlal Nehru Answer: (a) Swami Vivekananda 2. Which one of the following state governments decided to constitute Jaisalmer Fort development authority? a) Rajasthan b) Bihar c) Madhya Pradesh d) Gujarat Answer: (a) Rajasthan 3. Noted film critic who reviewed films for the Times of India died of cancer on 20 January 2012 at 53? a. Nikhat Kazmi b. Raja Sen c. Subhash K. Jha d. Pauline Kael Answer: (a) 4. Inter-ministerial coordination committee for tourism sector Headed by Principal Secretary to the PM Pulok Chatterjee in its meeting on 19 January 2012 decided to extend Visa-on-Arrival facility to Goa, Hyderabad, Kochi and Bangaluru airports to help double the foreign tourist arrivals. With respect to this statement which of the two statements given below are true? 1. Currently, Visa-on-Arrival is extended to 11 countries including Japan, Philippines, Singapore, New Zealand, Vietnam and Finland. 2. The Visa-on-Arrival facility is now available at four international airports at Delhi, Mumbai, Kolkata and Chennai. a. Only 1 b. Only 2 c. Both 1 & 2 d. None of the above statements are true Answer: (c) 5. Which of the following authors was awarded the DSC Prize for South Asia Literature 2012, at the Jaipur Literature Festival in Rajasthan on 21 January 2012? Karunatilka won $50,000 for his book Chinaman? a. Dr Alastair Niven b. Dr Fakrul Alam c. Shehan Karunatilaka

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d. Marie Brenner Answer: (c)

6. India and Pakistan on 25 January 2012 agreed to transit fee formula for Tapi gas pipeline

project in New Delhi. Tasi gas pipeline project comprises

a) India, Pakistan and Tajikistan

b) India, Pakistan and Russia

c) India, Pakistan and Iran

d) India, Pakistan and Afghanistan

Answer: (a) India, Pakistan and Tajikistan

7. The military rulers declared partial lifting of emergency in Egypt. The move came into effect

from__.

a) 25 January 2012

b) 22 January 2012

c) 20 January 2012

d) 28 January 2012

Answer: (a) 25 January 2012

8. India signed agreement with OECD( Organisation for Economic Cooperation and

Development) to check both tax evasion and avoidance. The headquarters of OECD are in___.

i) Paris

b) London

c) New York

d) Washington DC

Answer: (a) Paris

9. The influential 1950s rhythm-and-blues singer, Etta James died on 20 January 2012 from

complications of leukemia. Which of the following facts about her is/are not true?

1. Etta James is best known for her show-stopping hit At Last

2. Three-time Grammy winner hit the R&B charts with 30 singles, and placed nine of those

songs in pop music�s top 40

3. James� last album, The Wallflower, was released in 2011

4. James won her first Grammy in 1995 for her album, Mystery Lady: The Songs of Billie

Holiday

5. She was inducted into the Rock and Roll Hall of Fame in 1993

a. Only 5

b. Only 1



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c. Only 3

d. 2 & 5

Answer: (c)

10. Whose record did Dutch teeager Laura Dekker break on 21 January 2012 when she became

the youngest sailor to complete a solo circumnavigation of the world?

a. Jessica Watson

b. Alena Ladev

c. Christiana Notham

d. Bisht Jove

Answer: (a)

11. Centre for Monitoring Indian Economy (CMIE) estimated Corporate India�s sales to grow

by what per cent in 2011-12?

a. 21.6%

b. 20.8%

c. 22

d. 23.7%

Answer: (a)

12. According to the report by Gems and Jewellery Export Promotion Council (GJEPC)

released in January 2012, gems and jewellery exports fell into the negative zone to $3 billion in

December 2011. What per cent fall did it register in the month in question?

a. 10.33%

b. 12.17%

c. 13.33%

d. 15%

Answer: (d)

13. Reserve Bank of India (RBI) on 24 January 2012 cut the cash reserve ratio (CRR) by 50

basis point. The current CRR stands at what percent?

a. 5%

b. 5.5%

c. 6%

d. 6.5%

Answer: (b)



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14. The Reserve Bank of India on 24 January 2012 also kept the repo rate unchanged for the

second consecutive time after raising it 13 times between March 2010 and October 2011. What is

the present repo rate?

a. 8%

b. 7.5%

c. 8.5%

d. 9%

Answer: (c)

15. The poor performance of National Pension System, or NPS led the Pension Fund

Regulatory and Development Authority (PFRDA) to change the incentive structure for the

distributors. Which of the following statements in this regard is/are not true?

1. The pension regulator on the basis of the recommendation of the G.N. Bajpai committee

constituted by PFRDA to review NPS, fixed the incentive at 0.25% of the subscription amount

2. As per PFRDA�s measures announceds, a distributor will get a flat Rs 50 on initial

subscription and 0.05% of the initial subscription amount

3. Every year on subsequent investments, the point of presence will be entitled to 0.25% of that

amount.

4. The minimum that a point of presence can charge is Rs 20 and the maximum Rs 25000.

a. Only 1

b. Only 2

c. Only 3

d. Only 4

Answer: (b)

16. Centre for Monitoring Indian Economy (CMIE) estimated Corporate India�s sales to grow

by what per cent in 2011-12?

a. 21.6%

b. 20.8%

c. 22

d. 23.7%

Answer: (a)



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17. According to the report by Gems and Jewellery Export Promotion Council (GJEPC)

released in January 2012, gems and jewellery exports fell into the negative zone to $3 billion in

December 2011. What per cent fall did it register in the month in question?

a. 10.33%

b. 12.17%

c. 13.33%

d. 15%

Answer: (d)

18. Reserve Bank of India (RBI) on 24 January 2012 cut the cash reserve ratio (CRR) by 50

basis point. The current CRR stands at what percent?

a. 5%

b. 5.5%

c. 6%

d. 6.5%

Answer: (b)

19. The Reserve Bank of India on 24 January 2012 also kept the repo rate unchanged for the

second consecutive time after raising it 13 times between March 2010 and October 2011. What is

the present repo rate?

a. 8%

b. 7.5%

c. 8.5%

d. 9%

Answer: (c)

20. The poor performance of National Pension System, or NPS led the Pension Fund

Regulatory and Development Authority (PFRDA) to change the incentive structure for the

distributors. Which of the following statements in this regard is/are not true?

1. The pension regulator on the basis of the recommendation of the G.N. Bajpai committee

constituted by PFRDA to review NPS, fixed the incentive at 0.25% of the subscription amount



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2. As per PFRDA�s measures announced, a distributor will get a flat Rs 50 on initial

subscription and 0.05% of the initial subscription amount

3. Every year on subsequent investments, the point of presence will be entitled to 0.25% of that

amount.

4. The minimum that a point of presence can charge is Rs 20 and the maximum Rs 25000.

a. Only 1

b. Only 2

c. Only 3

d. Only 4

Answer: (b)

21. The Bangalore-based pharmaceutical major, Strides Arcolab, sold its 94 per cent stake in

Ascent Pharmahealth, a subsidiary with operations in Australia and Southeast Asia, to which of

the following U.S.-based pharma companies?

a. Watson Pharmaceuticals

b. Abbott Laboratories

c. Pfizer

d. Derma Sciences

Answer: (a)

22. The Board of Approval (BoA) under the Commerce Ministry on 24 January 2012 approved

the proposal of this company to set up a special economic zone (SEZ) at Indore in Madhya

Pradesh. Identify the company.

a. Reliance Industries

b. Tata Consultancy Services (TCS)

c. Hero Motors

d. Infosys

Answer: (b)

23. Which private life insurance company from India on 25 January 2012 launched its first

international operations with the opening of its representative office in Dubai?

a. Kotak Insurance

b. New India Insurance

c. HDFC Life

d. Religare Insurnce

Answer: (c)



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24. Name the world�s largest biotechnology company, agreed to buy Micromet in a $1.16

billion deal to gain an experimental leukemia drug.

a. Celgene Drug

b. B B Biotech

c. Dechert

d. Amgen

Answer: (d)

25. Which channel developed a 52-week special India: Wild Encounters to focuss on India's

enchanting wildlife s well as take viewers on an exploration spree ?

a. Discovery India

b. Animal Planet

c. Sony

d. National Gepgraphy

Answer: (b) 26. Prime Minister of Trinidad & Tobago visited India from 5 January 2012 to 14 January 2012. Who among the following is the Prime Minister of Trinidad & Tobago? a) Kamla Persad Bissessar b) Hosni Mubarak c) Manmohan Singh d) Naresh Goyal Answer: (a) Kamla Persad Bissessar 27. The fifth edition of the World Future Energy summit began in__. a) Abu Dhabi b) New Delhi c) Tehran d) Dhaka Answer: (a) Abu Dhabi 28. Memogate scandal is related to which one of the following countries? a) Pakistan b) Sri Lanka c) China d) India Answer: (a) Pakistan 29. Rashtriya Sanskrit Sansthan and International Asociation of Sanskrit Studies jointly organised the 15th World Sanskrit conference from 5 to 10 January 2012 at Vigyan Bhavan in New Delhi. Where was the 14th World Sanskrit conference held? a. Kyoto, Japan b. Beijing, China c. Colombo, Sri Lanka d. Kuala Lumpur, Malaysia



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Answer: (a) 30. Identify this politicial with the help of the following clues. 1. Leader of the Sandinista movement which overthrew the US-backed Somoza dictatorship in 1979 2. After the Nicaraguan Revolution resulted in the overthrow and exile of the Somoza's government in 1979, he became a member of the ruling multipartisan Junta of National Reconstruction. 3. He was elected as the 83rd Nicaraguan president in 2006. He had previously served as the 79th President, between 1985 and 1990. 4. He made alliances with fellow Latin American socialists and signed Nicaragua up to the Bolivarian Alliance for the Americas. a. Enrique Bolaños b. Arnoldo Alemán c. Daniel Ortega d. Hugo Chávez Answer: (c)

31. 10th PBD( Pravasi Bhartiya Divas) was held at which one of the following Indian cities? a) Jaipur b) Patna c) New Delhi d) Chennai Answer: (a) Chennai 32. Planning Commission of India on 18 January 2012 approved Rudrasagar development scheme. The scheme is related__. a) Tripura b) Assam c) Manipur d) Sikkim Answer: (a) Tripura 33. Writer/diplomat Pavan K. Varma's new book set in contemporary India and in the Himalayan kingdom of Bhutan, was launched in the New Delhi by Ashi Dorji Wangmo Wangchuck, the Queen Mother of Bhutan in January 2012. The protagonist Anand is wrongly diagnosed with cancer. He quits his high-power job and loses himself in a Bhutanese retreat. Name the book. a. When Loss is Gain b. Ghalib: The Man c. The Great Indian Middle Class d. The Times Answer: (a) 34. Identify the photographer with the help of the following clues. 1. She was India�s first woman photo-journalist and was the only professional woman photojournalist between 1939 and 1970 2. She was commonly known by her pseudonym Dalda 13



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3. She also captured the first flag-hoisting ceremony at the Red Fort on August 16 1947, the departure of Lord Mountbatten from India and the funerals of Mahatma Gandhi, Jawaharlal Nehru and Lal Bahadur Shastri. 4. The Padma Bhushan Awardee breathed her last on 15 January 2012. a. Ronika Kandhari b. Asha Kochar c. Prabuddha Dasgupta d. Homai Vyarawala Answer: (d) 35. Union Finance Minister Pranab Mukherjee on 11 January 2012 launched the signature tune of the Indian Customs Pragati ki Dhadkan in New Delhi. The signature tune was composed by which of the noted music directors? a. A. R. Rahman b. Aadesh Shrivastava c. Adnan Sami d. Shankar-Ehsaan-Loy Answer: (b)

36. Scientists identified a new gene in maize plants called__. a) Meg1 b) Meg2 c) Meg3 d) Meg4 Answer: (a) Meg1 37. Researchers discovered new earthworm species in Port Blair. What is the name of the new species? a) Moniligaster ivaniosi b) Annelida c) Nematoda d) Onychophora Answer: (a): Moniligaster ivaniosi 38. Scientists recently developed a new wireless device to detect the presence of termites. Consider the following statements: i) when the new device detects the presence of termites, it sends an SMS or email to a pest control firm. ii) The device is made of a tiny sensor, even smaller than a fingernail. Choose the right option: a) Both i and ii are correct. b) Only i is correct. c) Only ii is correct. d) Neither i nor ii is correct. Answer: (a): Both i and ii are correct 39. The scientists claimed that the Meteorite, which fell in Morocco in July 2011, was from Mars. The event happened for the first time in__ years. a) 50



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b) 100 c) 200 d) 150 Answer: (a) 50 40. Scientists found the Extinct Monkey, the Miller�s Grizzled Langur in the forests of___. a) Indonesia b) Malaysia c) India d) Africa Answer: (a) Indonesia

41. Which of the following companies infused Rs 520 crore equity into BSES Delhi distribution companies as part of Rs 5,100 crore financial package being worked by IDBI a. NTPC b. RIL c. Adani Power Ltd d. Birla Group Answer: (b) 42. Suzlon Energy signed a memorandum of understanding with this State Government as a part of the CII's Partnership Summit that concluded on 13 January 2012. As per the MoU, Suzlon Energy will develop wind power projects totalling 3,000 MW in Andhra Pradesh over the next four years, involving potential investment of up to Rs.18,000 crore. Name the state government with which the MoU was signed. a. Andhra Pradesh government b. Gujarat governemnt c. Orissa government d. Arunachal Pradesh government Answer: (a) 43. Name the auto making company which launched three new variants of the Eon-D � Lite plus, Era plus and Magna plus in the Indian market in January 2012. a. Tata Motors b. Hyundai Motor India c. Volkswagen d. Maruti Suzuki Answer: (b) 44. The Government of which of the following countries acquired 1.09 per cent stake, currently worth about Rs.2500 crore, in Mukesh Ambani-led Reliance Industries Ltd. (RIL), the company's latest shareholding data show? a. Malaysia b. Japan c. Phillipines d. Singapore Answer: (d)



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45. Which Photography Pioneer filed for Chapter 11 bankruptcy protection on 19 January 2012 making it likely for the 132-year-old trailblazer to become the most storied casualty of a digital age? a. Eastman Kodak Company b. Fuji c. Nikon d. Canon Answer: (a) 46. Which company retained its top position in Interbrand's list of the top 100 global brands in 2011? a. Apple b. Coca cola c. Microsoft d. Google Answer: (b)

47. He was conferred with the first S K Singh Award for excellence in the Indian Foreign

Service on 6 January 2012. Identify the diplomat.

a. Ranjan Mathai

b. Shivshankar Menon

c. D Bala Venkatesh Verma

d. K. Raghunath

Answer: (c)

48. Which Ministry prepared draft policy seeking to increase private participation and opens

the doors for foreign direct investors for expanding its network?

a. Railways Ministry

b. Ministry of Rural Development

c. Ministry of Commerce and Industry

d. Defence Ministry

Answer: (a)

49. Six researchers from five science streams were honoured with this prize by the former

President, A.P.J. Abdul Kalam in Bangalore on 9 January 2012. Name the prize in question.

a. Infosys Prize

b. India Science Prize

c. Rolls-Royce Science Prize

d. Young Scientist Award

Answer: (a)



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50. Which one of the following state governments launched Panch Parmeshwar scheme?

a) Madhya Pradesh

b) Bihar

c) UP

d) Kerala

Answer: (a) Madhya Pradesh

51. The Cabinet Committee on Security approved the setting up of NCTC. What is the full form

of NCTC?

a) National Counter Terrorism Centre

b) National Trade Cooperation

c) National Central Terrorism Centre

d) National Council for Trade Cooperation

Answer: (a) National Counter Terrorism Centre

52. Foreign direct investment (FDI) into India went up by what per cent to $2.53 billion in November 2011, indicating an improvement in investor sentiment? a. 56% b. 49% c. 33% d. 26% Answer: (a) 53. As per the Forward Markets Commission data released on 9 January 2012 that the turnover of the 21 commodity exchanges in India increased by 66% to what amount till December 2011? a. Rs 123 lakh crore b. Rs 137.22 lakh crore c. Rs 100.57 lakh crore d. Rs 93 lakh crore Answer: (b) 54. Indirect tax collections increased by what per cent to Rs 285787 crore during April-December 2011 driven by an increase in service tax mop-up? a. 15% b. 14.56% c. 16.1% d. 16.33% Answer: (c) 55. The Directorate General of Foreign Trade (DGFT) notified that the Commerce Ministry on on 11 January 2012 lowered the minimum export price of onions by $100 a tonne to boost exports. What is the changed minimum export price of onion?



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a. $200 a tonne b. $250 a tonne c. $300 a tonne d. $150 a tonne Answer: (d) 56. Prime Minister's Office on 11 January 2012 directed cash-rich public sector undertakings (PSUs) to invest around Rs.1.76 lakh crore to act as a stimulus in the next fiscal 2012-13. What is the amount to be invested domestically? a. Rs.1.41 lakh crore b. Rs 1.57 lakh crore c. Rs 2.50 lakh crore d. Rs 3.19 lakh crore Answer: (a)

57. Foreign direct investment (FDI) into India went up by what per cent to $2.53 billion in November 2011, indicating an improvement in investor sentiment? a. 56% b. 49% c. 33% d. 26% Answer: (a) 58. As per the Forward Markets Commission data released on 9 January 2012 that the turnover of the 21 commodity exchanges in India increased by 66% to what amount till December 2011? a. Rs 123 lakh crore b. Rs 137.22 lakh crore c. Rs 100.57 lakh crore d. Rs 93 lakh crore Answer: (b) 59. Indirect tax collections increased by what per cent to Rs 285787 crore during April-December 2011 driven by an increase in service tax mop-up? a. 15% b. 14.56% c. 16.1% d. 16.33% Answer: (c) 60. The Directorate General of Foreign Trade (DGFT) notified that the Commerce Ministry on on 11 January 2012 lowered the minimum export price of onions by $100 a tonne to boost exports. What is the changed minimum export price of onion? a. $200 a tonne b. $250 a tonne c. $300 a tonne d. $150 a tonne Answer: (d)



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61. Prime Minister's Office on 11 January 2012 directed cash-rich public sector undertakings (PSUs) to invest around Rs.1.76 lakh crore to act as a stimulus in the next fiscal 2012-13. What is the amount to be invested domestically? a. Rs.1.41 lakh crore b. Rs 1.57 lakh crore c. Rs 2.50 lakh crore d. Rs 3.19 lakh crore Answer: (a)

62. According to the draft sports policy of this state Government released on 11 January 2012, a special life-time achievement award, in memory of G.V. Raja, the founder-president of the State Sports Council is to be instituted. Which State is being referred to? a. Karnataka b. Kerala c. Tamil Nadu d. Andhra Pradesh Answer: (b) 63. Which team defeated Uttarakhand 25-22, 25-22, 25-13 in the men�s category to win the

National title for the fourth time, in the 60th senior National volleyball championship, at the Balbir Juneja Indoor Stadium, Raipur on 11 January 2012? a. Kerala b. Andhra Pradesh c. West Bengal d. Tamil nadu Answer: (a)

64. Which team extended their hegemony by defeating Kerala 25-12, 25-14, 25-16 in a one-sided final in the women�s category at the 60th senior National volleyball championship? a. Punjab b. Services c. Railways d. Delhi Answer: (c) 65. This footballer was awarded the 2011 FIFA Ballon d'Or on 9 january 2012 in Zurich. He won the award for the third consecutive year for the world's outstanding footballer. Identify the footballer. a. Cristiano Ronaldo b. Xavi c. Sergio Ramos d. Lionel Messi Answer: (d)



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66. State-run Northern Coalfields (NCL) agreed to surrender land required to mine two blocks attached to the Sasan ultra mega power plant to which of the following companies giving the comapany the benefit of over Rs 6000 crore over the life of the venture? a. Reliance Power b. Adani Power c. Birla Power Solutions d. DLF Power Answer: (a) 67. Which car took home the crown of Indian Car Of The Year 2012 in January 2012? a. Toyota Etios Liva b. Maruti Suzuki Swift c. Hyundai Verna d. Hyundai Eon Answer: (b) 68. B. D. Park was appointed the President and CEO of this electronic major�s South West Asia

Operations and Managing Director of its India operations. Which electronic major is in question here? a. Phillips b. Videocon c. Samsung d. LG Answer: (c) 69. Maldives authorities allowed Male International Airport operator to collect airport development and insurance charges from passengers, nearly a month after a local court barred the Bangalore-based company from doing so. Name the operator. a. GMR Infrastructure b. International Air Transport Association (IATA) c. Fraport AG d. DIAL Answer: (a)

70. Which French construction major entered the Indian market by buying out 100 per cent stake in NAPC, a Chennai-based construction company? a. Sinopec Engineering b. Uhde c. Vinci d. Snamprogetti Answer: (c)

71. India signed MoU( Memorandum of Understanding) on tourism with ASEAN on 12 January 2012. The agreement took place in__. a) Manado



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b) Jakarta c) Malaysia d) Manila Answer: (a) Manado 72. Pravasi Bhartiya Divas-2012 was held in Jaipur. Jaipur is the capital of which one of the following states? a) Rajasthan b) Bihar c) UP d) Bihar Answer: (a) Rajasthan 73. India and Japan on 12 January 2012 agreed to enhance their cooperation in the ___sector. a) Infrastructure b) Tourism c) Road and Transport d) Coal and Mining Answer: (a) Infrastructure 74. Newly crowned Miss Belgium 2012, Laura Beyne mentioned that she mostly supports gay marriages. In which year did Belgium become the second country after the Netherlands to legalize gay marriage? a. 2000 b. 2003 c. 2005 d. 2009 Answer: (b) 75. TiE Chennai (The Indus Entrepreneurs), dedicated to promote entrepreneurship in January 2012 launched a book Dream to destiny � the driving spirit of Chennai's entrepreneurs in January 2012. TiE Chennai is a _. a. Non-profit organisation b. Committee of Entrepreneurs c. Multinational organisation d. Entrepreneur arm of the Commerce Ministry Answer: (a)

76. Kiro Gligorov, the former president of Macedonia died in Skopje on 1 January 2012. Which facts about Gligorov given below are not true? 2. Gligorov was the first democratically elected president of Macedonia. 3. He joined the partisan movement fighting against the Nazi occupation and was one of the organizers of the Anti-Fascist Assembly for the People�s Liberation of Macedonia, or ASNOM

in 1945 4. Gligorov served four consecutive presidential terms, leading the nation from January 1991 to November 2009 5. The early days his presidency were overshadowed by a bitter dispute with Greece over the newly independent nation�s name , the dispute that continues till date



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a. Only 1 b. 1 & 2 c. Only 3 d. 2 & 4 Answer: (c) 77. Who was presented the Mahatma Gandhi International Award for Peace and Reconciliation on 4 January 2011, the fourth day of the ten-day Kalachakra initiations? a. Tibetan spiritual leader, the Dalai Lama b. South African leader Nelson Mandela c. Tanzania�s Julius Nyerere d. Burmese pro-democracy leader Aung San Suu Kyi Answer: (c) 78. European Union agreed in principle to ban import of Iranian Crude oil. Consider the following statements: i) The European Union( EU) is one of Iran�s biggest markets for oil. ii) The EU is a political and economical union of 27 member states. Choose the right option: a) Both i and ii are correct. b) Only i is correct. c) Only ii is correct. d) Neither i nor ii is correct. Answer: (a) Both i and ii are correct 79. The Israel-Palestine talks, in the first week of January 2012 was held in Amman. Amman is the capital of__ a) Jordan b) Syria c) Iraq d) Iran Answer: (a) Jordan 80. Maldives on 4 January 2012 lifted ban on Spas in the upmarket tourist destination. Consider the following statements: i) The tourism industry is an important foreign exchange earner in the Maldives. ii) Maldives in 2011 received more than 850000 tourists. Choose the right option: a) Both i and ii are correct. b) Only i is correct. c) Only ii is correct. d) Neither i nor ii is correct. Answer: (a) Both i and ii are correct

81. Scientists for the first time produced mixed embryo monkeys. Consider the following statements: i) Scientists produced monkeys composed of cells taken from separate embryos. ii) The cells stay together and work together to form tissues and organs.



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Choose the right option: a) Both i and ii are correct. b) Only i is correct. c) Only ii is correct. d) Neither i nor ii is correct. Answer: (a) Both i and ii are correct 82. Scientists discovered unknown species off the coast of Antarctica. Consider the following statements: i) The temperature in this region rises to 380 degree Celsius. Ii) There is plenty of light in this region. Which of the above statements is/ are correct? a) Only i b) Only ii c) Both i and ii d) Neither i nor ii Answer: (a) Only i; There is complete absence of light in this region 83. The world�s first hybrid sharks was discovered by the researchers in Australian waters. The hybrid shark is the result of cross-breeding between which one of the following set of shark species? a) Common black tip Shark and Australian black-tip shark b) Indian black-tip Shark and Australian black-tip Shark c) Blue Whale and Common black-tip Shark d) Blue Whale and Australian black-tip Shark Answer: (a) Common black-tip Shark and Australian black-tip Shark 84. Scientists produced artificial human semen to help infertile men. Consider the following statements: i) The scientists grew the sperm by enveloping the germ cells in a special compound called agar jelly. ii) The artificial human semen could help infertile men father their own children. Choose the right option: a) Both i and ii are correct. b) Only i is correct. c) Only ii is correct. d) Neither i nor ii is correct. Answer: (a) Both i and ii are correct 85. Health Authorities in Australia recently detected Deadly Disease, Murray Valley Encephalitis. The disease is caused by the__. a) Flies b) Mosquitoes c) Birds d) Dogs Answer: (a) Mosquitoes

86. Union government raised the ad valorem duty (export duty) on iron ore exports to what per cent from 20 per cent? a. 30%



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b. 33% c. 41% d. 43% Answer: (a) 87. As per the to Commerce Ministry data released on 2 January 2012, India�s exports recorded

their slowest pace of growth in two years in November 2011. What was the per centage of growth recorded? a. 4.2% b. 3.8% c. 2.2% d. 0.94% Answer: (b) 78. Union government on 3 January 2012 approved Reliance Industries' (RIL) investment plan for developing four satellite fields in the flagging KG-D6 block. What was the proposed sum to be invested for developing the satellites? a. $1.500 billion b. $1.692 billion c. $1.529 billion d. $1.375 billion Answer: (c) 79. The capital market regulator SEBI on 3 January 2012 allowed auctioning of securities through stock exchanges and introduced a new method for institutional placement of stocks. Which of the following facts related to the above statement is/are not true? 1. Under the institutional placement programme (IPP), shares can be sold only to qualified institutional buyers. 2. There shall be at least 25 allottees in every IPP issuance. No single investor shall receive allotment for more than 25% of the offer size 3. The IPP method can be used to increase public holding by 10% and could be offered to only qualified institutional buyers with 25% being reserved for mutual funds and insurance companies 4. Under the IPP, companies will have to announce the ratio of buy-back, as is done in the case of rights issues and fix a record date for determination of entitlements as per shareholding on record date a. Only 1 b. Only 3 c. Only 2 d. Only 4 Answer: (c) 80. What is the Finace Ministry�s decision on the rates applicable on small savings instruments

schemes that would be announced on April 1 each year? a. rate would remain valid till the maturity of the scheme b. rate would change in the first qurter of that respective year c. rates would change depending on different maturity period d. rates would remainvalid for six months post the maturity Answer: (a)



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81. Which PSU announced on 2 January 2012 that its board approved in a meeting held on 30 December 2011 the switching over to internationally-accepted Gross Caloric Value-based pricing mechanism? a. BHEL b. ISPAT c. CIL d. IOC Answer: (c) 82. Mukesh Ambani�s Reliance Industries Ltd (RIL) entered the media and entertainment sector by making a major investment in one of India�s largest broadcast companies. Name the

broadcast company. a. Network18 Group b. Adlabs Films c. Balaji Telefilms d. Bag Films Answer: (a) 83. Credit Suisse upgraded which company to neutral from underperform, citing valuation comfort at current? a. Essar Energy b. Reliance Power c. Bajaj Auto d. Tata Steel Answer: (d) 84. Which PSU lender called off its plans to set up a joint venture with Visa Inc and Elavon Inc to enter the merchant acquiring business over differences on sharing technology? a. Union Bank b. State Bank of India c. Syndicate Bank d. Corp Bank Answer: (b) 85. This company acquired Star more than 500 films like blockbusters like Salman Khan's Dabangg, Ready, Golmaal 3, Tees Maar Khan, Thank You, No One Killed Jessica, Guzaarish, Kites and Raavan from a general entertainment channel owned by the Viacom 18 Group? a. Sony b. UTV movies c. Colors d. Sab TV Answer: (c)



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Download - Current Affairs Jun 2012

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