Jun. 24 2014 quiz

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  • Question 1: As per CII, India-B’desh trade may double to $10 billion by the year....?As per CII, India-B’desh trade may double to $10 billion by the year....?
  • Explanation:India-Bangladesh trade can almost double to 10 billon dollars by 2018 if irritants like non-tariff barriers and infrastructure related-issues are addressed. India-Bangladesh trade can almost double to 10 billon dollars by 2018 if irritants like non-tariff barriers and infrastructure related-issues are addressed.
  • Question 2: Who is the chairman of Special Investigation Team set up to unearth black money? Who is the chairman of Special Investigation Team set up to unearth black money?
  • Explanation:The Reserve Bank of India has directed all banks and financial institutions to provide information and documents sought by the Special Investigation Team, SIT set up to unearth black money. The Reserve Bank of India has directed all banks and financial institutions to provide information and documents sought by the Special Investigation Team, SIT set up to unearth black money.
  • Question 3: Which of the following PSU has recently got Navratna Status?Which of the following PSU has recently got Navratna Status?
  • Explanation:Engineers India Ltd (EIL) has got the coveted 'Navratna' status, which would give the state-owned firm more financial and operational autonomy. Engineers India Ltd (EIL) has got the coveted 'Navratna' status, which would give the state-owned firm more financial and operational autonomy.
  • Question 4: Which company has issued legal tender gold coin in honour of Sachin Tendulkar?Which company has issued legal tender gold coin in honour of Sachin Tendulkar?
  • Explanation:Issued by East India Company one side of the coin has image of Queen Elizabeth, while other side carries the image of Sachin and his 200th Test match at Wankhede Stadium in Mumbai. Issued by East India Company one side of the coin has image of Queen Elizabeth, while other side carries the image of Sachin and his 200th Test match at Wankhede Stadium in Mumbai.
  • Question 5: United Nations Public Service Day is observed on...?United Nations Public Service Day is observed on...?
  • Explanation:Each year United Nations Public Service Day mark the invaluable contributions of public servants and administrators in an effort to build a better world for one and all. Each year United Nations Public Service Day mark the invaluable contributions of public servants and administrators in an effort to build a better world for one and all.
  • Question 6: To which sector govt. has decided to provide interest free loans of 4400 crore? To which sector govt. has decided to provide interest free loans of 4400 crore?
  • Explanation:Besides loan import duty on sugar will be increased to 40 per cent from 15 per cent and export subsidy will be extended till September 2014. Besides loan import duty on sugar will be increased to 40 per cent from 15 per cent and export subsidy will be extended till September 2014.
  • Question 7: Which of the following committee is related with recommendations on FDI and FPI? Which of the following committee is related with recommendations on FDI and FPI?
  • Explanation:Committee suggested to remove the ambiguities over clear demarcation between Foreign Direct Investment (FDI) and Foreign Indirect Investment (FII) and clearly defined them. Committee suggested to remove the ambiguities over clear demarcation between Foreign Direct Investment (FDI) and Foreign Indirect Investment (FII) and clearly defined them.
  • Question 8: As per new recommendations, what percent of foreign investment in a listed company will now be treated as FDI? As per new recommendations, what percent of foreign investment in a listed company will now be treated as FDI?
  • Explanation:As per Marayam Committee recommendations foreign investment of 10 percent or more in a listed company will be treated as foreign direct investment (FDI). As per Marayam Committee recommendations foreign investment of 10 percent or more in a listed company will be treated as foreign direct investment (FDI).
  • Question 9: Ministry of Road Transport, Highways and Shipping is considering to replace PPP with EPC model. What is EPC? Ministry of Road Transport, Highways and Shipping is considering to replace PPP with EPC model. What is EPC?
  • Explanation:Consideration to undertake highway building under EPC (Engineering, Procurement and Construction) Model in place of PPP (Public Private Partnership) are underway. Consideration to undertake highway building under EPC (Engineering, Procurement and Construction) Model in place of PPP (Public Private Partnership) are underway.
  • Question 10: In which state Global skin care brand, Nivea, is setting up its first manufacturing plant in India?In which state Global skin care brand, Nivea, is setting up its first manufacturing plant in India?
  • Explanation:Set up in Sanand, Gujarat, the plant will also have Nivea’s first ever Research & Development unit in the SAARC region. Set up in Sanand, Gujarat, the plant will also have Nivea’s first ever Research & Development unit in the SAARC region.