CURRENT AFFAIRS QUIZ
1. The Government of India has cleared the purchase of S-400 Triumf missile systems from which country?
a) Italy
b) USA
c) Russia
d) Germany
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Answer c) Russia. The GOI has approved the Rs 39,000-crore acquisition of five advanced Russian S-400 Triumf air defence missile systems.
2. Which of the following Indices has been launched by NSE?
a) Nifty Tata Group Index
b) Nifty Aditya Birla Group Index
c) Nifty Mahindra Group Index
d) All the above
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Answer d) All the above. Each of the indices will comprise all the companies of the respective business group.
3. __________ has unanimously adopted a resolution aimed at disrupting revenues that ISIS receives from oil and other resources.
a) G7
b) G4
c) UNSC
d) NATO
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Answer c) UNSC. The UNSC has unanimously adopted a resolution aimed at disrupting revenues that Islamic State receives from oil and antiquities sales, ransom payments and other criminal activities.
4. Who took oath as the new Lokayukta of Delhi?
a) Vijendra Singh
b) Dhananjay Singh
c) Reva Khetrapal
d) Ankit Jain
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Answer c) Reva Khetrapal. Former Delhi high court judge justice Reva Khetrapal took oath as the new Lokayukta of Delhi. Lt. governor Najeeb Jung administered the oath at a function where Delhi chief minister Arvind Kejriwal was also present.
5. The Lok Sabha has passed the Arbitration and __________ (Amendment) Bill, 2015 to make dispute resolution in the country quicker and easier.
a) Compilation
b) Compensation
c) Consolation
d) Conciliation
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Answer d) Conciliation. The objective of the bill is to make the arbitration process friendlier and cost effective for investors, ensuring speedy disposal of cases.
6. December 18 is observed as the International Day of
a) Mine Workers
b) Refugees
c) Women Child
d) Migrants
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Answer d) Migrants. The day is observed to call the international community to come together and remember the refugees and migrants who have lost their lives or have disappeared while trying to reach safe harbour after arduous journeys across seas and deserts.
7. Tata Starbucks has appointed _________ as Chief Executive Officer.
a) Avani Davda
b) Mukund Khanna
c) Sumi Ghosh
d) Jaswant Sinha
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Answer c) Sumi Ghosh. Tata Starbucks Pvt Ltd, a 50:50 joint venture between Starbucks Coffee company and Tata Global Beverages, operates over 70 Starbucks stores in India.
8. Noorul Huda, who passed away recently, was a
a) BJP Leader
b) RSS Leader
c) Congress Leader
d) Communist Leader
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Answer d) Communist Leader. Huda – a Muslim Meitei Manipuri – was a member of the Central Committee [CC] of the CPI (M) for nearly three decades.
9. The GOI has lowered its economic growth forecast for 2015-16 to _________ per cent from 8.1-8.5 per cent.
a) 6-6.5
b) 7-7.5
c) 7-7.75
d) 7-7.25
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Answer c) 7-7.75 percent.
10. The smartphone-based Apple Pay electronic payment system will be launched in China in _________.
a) 2016
b) 2017
c) 2018
d) 2019
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Answer a) 2016. Apple and China UnionPay said they plan to roll out the system in early 2016.
11. Which country has become the 163rd WTO member?
a) Afghanistan
b) Seychelles
c) Liberia
d) Armenia
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Answer c) Liberia. Afghanistan is the 164th WTO member. Bhutan is the only SAARC member which has so far not joined the multilateral trade body.
12. Which Asian country’s central bank has warned that the country faces the grim prospect of stagflation?
a) Myanmar
b) Nepal
c) Bhutan
d) Sri Lanka
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Answer b) Nepal. The bank has warned that the situation will become worse if the political crisis over its new Constitution is not resolved to end the protests by Indian-origin Madhesis.
13. The Reserve Bank of India’s new MCLR system will replace the present
a) Bank Rate System
b) Repo Rate System
c) Reverse Repo Rate System
d) Base Rate System
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Answer d) Base Rate System. MCLR – Marginal Cost of funds based Lending Rate. The RBI said all banks will follow a uniform methodology for calculation of base rate or minimum lending rate on the basis of the marginal cost of funds from 1 April, 2016.
14. The foreign equity cap for Non-scheduled Air Transport Service and Ground Handling Services has been increased to _______.
a) 75%
b) 85%
c) 100%
d) None of the above
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Answer c) 100%. The Department of Industrial Policy and Promotion (DIPP) has enhanced the foreign equity cap for Non-scheduled Air Transport Service and Ground Handling Services from 74% to 100% and have placed these sectors under the automatic route.
