Current Affairs Quiz
1. Who has been appointed as the Chairman of Law Commission?
a) KN Krishna Moorthy
b) BS Chauhan
c) NS Thirupathi
d) LK Mishra
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Answer b) BS Chauhan. After a delay of more than six months, the government has appointed ex-judge of Supreme Court BS Chauhan as the chairperson of the 21st Law Commission.
2. The Economist Intelligence Unit (EIU) ranked ____________ as the most expensive city in the World.
a) Singapore
b) London
c) New York
d) Paris
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Answer a) Singapore. Mumbai and Bangalore are ranked among the cheapest cities in the world. Singapore is followed by Zurich, Hong Kong, Geneva and Paris.
3. Ridesharing services provider Uber has opened its first Asian engineering centre in
a) Bengaluru
b) Chennai
c) Hyderabad
d) Mumbai
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Answer a) Bengaluru. The engineering centre in Bangalore is different from the Centre of Excellence (CoE) the company opened in Hyderabad which deals with operations and provides multi-channel support via email, phone and social media to ensure seamless experience before, during and after a ride.
4. According to the Real Estate (Regulation and Development) Bill, 2015, ______% of sale proceeds will have to be kept aside by the developer in an escrow account.
a) 50
b) 60
c) 70
d) 80
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Answer c) 70. An escrow is a financial instrument held by a third party on behalf of the other two parties in a transaction.
5. Cabinet approves ratification of BIMSTEC Convention. What is B in BIMSTEC?
a) Bharat
b) Bilateral
c) Business
d) Bay of Bengal
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Answer d) Bay of Bengal. The Union Cabinet chaired by the Prime Minister Narendra Modi has given its approval for signing and ratification of the Bay of Bengal Initiative on Multi Sectoral Technical and Economic Cooperation (BIMSTEC) Convention on Mutual Legal Assistance in Criminal Matters.
6. The MMDR Act is associated with
a) Ocean Transport and Logistics
b) Solar Power
c) LGBT Community
d) Mines and Minerals
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Answer d) Mines and Minerals. Government of India has cleared a proposal to amend the Mines and Minerals (Development and Regulation) Act, 1957 (MMDR Act, 1957) to allow transfer of captive mining leases not granted through auction.
7. The Cabinet has given its ex-post approval for the MoU between India and _______ on Technical Cooperation in Cyber Space and Combating Cyber-Crime signed last month.
a) Australia
b) United Arab Emirates
c) China
d) Russia
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Answer b) United Arab Emirates. This agreement would provide help in handling of the issues related to the cyber-crime between the two countries.
8. The Cabinet has given its approval for the MoU between India and ___________ for setting up of South Asia Regional Training and Technical Assistance Center (SARTTAC).
a) BRICS Bank
b) AIIB
c) World Bank
d) IMF
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Answer d) IMF. The center will be set up in India by the IMF. The cabinet also authorised the Finance Minister to approve related decisions in respect of India’s contribution for setting up of the centre.
9. The Cabinet has given its approval for an MoU between India and ________ on cooperation for prevention of human trafficking especially trafficking in women and children; rescue, recovery, repatriation and re-integration of victims of trafficking.
a) Iran
b) Pakistan
c) Nepal
d) Bahrain
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Answer d) Bahrain. The MoU is expected to be signed during the Home Ministers upcoming visit to Bahrain in the first week of April 2016.
10. Antrix is associated with
a) RBI
b) ISRO
c) SEBI
d) CBI
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Answer b) ISRO. Antrix – the commercial arm of ISRO – has signed agreements with Algeria and Canada for launching three satellites each, four for Germany, one each for Japan and Malaysia and 12 for the USA in 2016-17.
