Apr. 7 2014 quiz

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  • Question 1: RBI has decided to issue__ notes with governor Raghuram Rajan signature.RBI has decided to issue__ notes with governor Raghuram Rajan signature.
  • Explanation:The notes will bear the rupee symbol on the obverse and reverse sides, with inset letter A in both numbering panels. The notes will bear the rupee symbol on the obverse and reverse sides, with inset letter A in both numbering panels.
  • Question 2: SEBI has revoked restrictions on ___ -rupee contracts? Which were imposed on concerned currency and rupee derivative trading in July 2013?SEBI has revoked restrictions on ___ -rupee contracts? Which were imposed on concerned currency and rupee derivative trading in July 2013?
  • Explanation:With rupee stabilizing over the recent months, market regulator Sebi has revoked certain restrictions it had imposed on dollar-rupee derivative trading in July last year. With rupee stabilizing over the recent months, market regulator Sebi has revoked certain restrictions it had imposed on dollar-rupee derivative trading in July last year.
  • Question 3: The International Monetary Fund (IMF) has projected Indian economy to grow by__in 2015-16.The International Monetary Fund (IMF) has projected Indian economy to grow by__in 2015-16.
  • Explanation:IMF has projected Indian economy to grow by 5.4% in 2014-15 and 6.4% in 2015-16 on the back of strengthening global growth, improving export competitiveness and implementation of recently approved investment projects. IMF has projected Indian economy to grow by 5.4% in 2014-15 and 6.4% in 2015-16 on the back of strengthening global growth, improving export competitiveness and implementation of recently approved investment projects.
  • Question 4: Diaoyu Islands and Nansha Islands are the bone of contention between...?Diaoyu Islands and Nansha Islands are the bone of contention between...?
  • Explanation:Tensions between China and the United States were out in the open on as Defense Secretary Chuck Hagel faced questions in Beijing about American support for Japan and a warning that China will not allow an iota of violation of its territory. Tensions between China and the United States were out in the open on as Defense Secretary Chuck Hagel faced questions in Beijing about American support for Japan and a warning that China will not allow an iota of violation of its territory.
  • Question 5: Name India first aircraft carrier, which has been sold to ship-breaker for Rs 60 crore?Name India first aircraft carrier, which has been sold to ship-breaker for Rs 60 crore?
  • Explanation:Maharashtra government had expressed its inability to maintain Vikrant, the Indian Navy first aircraft carrier which was commissioned in 1961. It was decommissioned in January 1997.Maharashtra government had expressed its inability to maintain Vikrant, the Indian Navy first aircraft carrier which was commissioned in 1961. It was decommissioned in January 1997.
  • Question 6: Agusta Westland bribery scandal is related with...?Agusta Westland bribery scandal is related with...?
  • Explanation:Several Indian politicians and military officials have been accused of accepting bribes from AgustaWestland in order to win the rupee 36 billion ($600 million) Indian contract for the supply of 12 AgustaWestland AW101 helicopters.Several Indian politicians and military officials have been accused of accepting bribes from AgustaWestland in order to win the rupee 36 billion ($600 million) Indian contract for the supply of 12 AgustaWestland AW101 helicopters.
  • Question 7: As per International Monetary Fund global economy will grow by...for 2014-15?As per International Monetary Fund global economy will grow by...for 2014-15?
  • Explanation:IMF forecasts global growth of 3.6 percent this year and 3.9 percent in 2015. The global forecast also sees things getting better. IMF forecasts global growth of 3.6 percent this year and 3.9 percent in 2015. The global forecast also sees things getting better.
  • Question 8: Which American Visa category holders spouses may be allowed to work in USA as well?Which American Visa category holders spouses may be allowed to work in USA as well?
  • Explanation:The spouses of H1 B visa holders who have technical skills may be allowed to work in the US.The spouses of H1 B visa holders who have technical skills may be allowed to work in the US.
  • Question 9: As per Assocham report, how much per centage foodgrains is stored unprofessionally in India?As per Assocham report, how much per centage foodgrains is stored unprofessionally in India?
  • Explanation:About 40 per cent of government foodgrain is stored in an unprofessional way due to acute shortage of storage capacity to the tune of 35 million tonnes, industry chamber Assocham said. About 40 per cent of government foodgrain is stored in an unprofessional way due to acute shortage of storage capacity to the tune of 35 million tonnes, industry chamber Assocham said.
  • Question 10: Which committee is probing IPL fixing case?Which committee is probing IPL fixing case?
  • Explanation:BCCI wants to examine Dhoni statements before Mudgal Committee. BCCI wants to examine Dhoni statements before Mudgal Committee.