CURRENT AFFAIRS PRACTICE QUESTIONS

1.  The limit of overseas investment in government bonds/securities has been raised
     from $15 billion to _________.
     a) $20 billion
     b) $25 billion
     c) $30 billion
     d) $35 billion
     e) None of the above

2.  According to “World Investment Report 2012″, the total FDI inflow in India in
     2011 stood at ________.
     a) $67 billion
     b) $87 billion
     c) $52 billion
     d) $78 billion
     e) None of the above

3.  According to The Global Competitiveness Report 2011-2012, India ranks at ____.
     a) 42nd
     b) 36th
     c) 56th
     d) 53rd
     e) 62nd

4.  Which country tops the overall rankings in The Global Competitiveness Report
     2011-2012?
     a) Sweden
     b) Singapore
     c) Netherland
     d) Switzerland
     e) None of the above

5. The World Bank Group have entered into an agreement with which among the
     following industrial bodies to establish the India Wildlife Business Council (IWBC)
     to promote tiger and biodiversity conservation for sustainable development?
     a) Industrial Development Bank of India
     b) Indian Industries Association
     c) Confederation of Indian Industry
     d) The Associated Chambers of Commerce and Industry of India
     e) None of the above

6.  The country’s first indigenously designed microwave imaging satellite, Radar
      Imaging Satellite  (RISAT-1) was launched by Indian Space Research Organisation
      on April 26, 2012. Which of the following statments about RISAT-1 is/are correct?
      1. The Polar Satellite Launch Vehicle, PSLV C-19 was used to launch RISAT-1.
      2. It has cloud penetrating capability and can imaging even without sunlight.
      3. The RISAT-1 is an advanced C-band Synthetic Aperture Radar Satellite
           working in 5.35 Giga Hertz frequency.
      4. It was launched from Sriharikota located in Rajasthan.
      
      a) 1 and 2 only
      b) 2 and 3 only
      c) 1, 2and 3 only
      d) 1, 3 and 4 only
      e) All 1, 2, 3 and 4

7.  Who among the following has been appointed as chairman of Expert Committee
     on GAAR for examining issues on General Anti-Avoidance Rules (GAAR)?
     a) Sudhir Gupta
     b) C. Rangarajan
     c) N. Rangachary
     d) Parthasarathi Shome
     e) None of the above

8.  Which of the followings scheme(s) is/are launched by Ministry of Panchayati Raj
     (MoPR)?
      1. Backward Regions Grant Fund (BRGF)
      2. Rashtriya Gram Swaraj Yojana (RGSY)
      3. Panchayat Mahila Evam Yuva Shakti Abhiyan (PMEYSA)

     a) Only 1     a) Only 2     a) Only 3     a) 2 and 3 only     a) All 1, 2 and 3


9.  Name the person who took oath as the 25th Prime Minister of Pakistan recently?
     a) Yusuf Raza Gilani
     b) Makhdoom Shahbuddin
     c) Hina Rabbani Khar
     d) Raja Pervaiz Ashraf
     e) None of the above

10. Which country became a major non-NATO ally of the United States recently?
      a) Japan
      b) Israel
      c) Pakistan
      d) Newzeland
      e) Afghanistan


11. Jim Yong Kim who assumed the World Bank presidency recently, is the _____
      president of the World Bank Group.
      a) 12th
      b) 13th
      c) 14th
      d) 15th
      e) None of the above

12. A highly controversial book ‘Beyond the Lines’ is an autobiography written by
      a) Aravind Adiga
      b) Salman Rushdie
      c) Kuldip Nayyar
      d) Khushwant Singh
      e) Taslima Nasreen

13. Which of the followings recommendations were made by National Commission for
      Women (NCW) in concern to the proposed amendments to the Dowry Prohibition
      Act, 1961?
      1. Amendment to definition of Dowry
      2. Provision for registration of lists of gifts received at the time of marriage.
      3. Penalties for non-maintenance of lists of gifts received at the time of the marriage.
      4. Protection officers appointed under the Protection of Women from Domestic
          Violence Act, 2005 to carry out the duties of the Dowry Prohibition Officers.
      a) 1, 2 and 3 only
      b) 2, 3 and 4 only
      c) 1, 2 and 4 only
      d) 1, 3 and 4 only
      e) All 1, 2, 3 and 4


14. An e-TDS return should be filed under ________ of the Income Tax Act, 1961.
      a) Section 206
      b) Section 205
      c) Section 208
      d) Section 192
      e) None of the above

15. The e-TDS prepared by the deductor has to be submitted at
      a) TIN Facilitation Centres
      b) TAN Facilitation Centres
      c) PIN Facilitation Centres
      d) PAN Facilitation Centres
      e) None of the above

16. Which is the largest stock exchange in the world by dollar volume/market value?
      a) Tokyo Stock Exchange (TSE)
      b) London Stock Exchange (LSE)
      c) New York Stock Exchange (NYSE)
      d) Shanghai Stock Exchange (SSE)
      e) None of the above

17. FBI’s two-year investigation project called “Operation Ghost Click” was aimed
      to uncovered a network of
      a) Rogue DNS Servers
      b) Rogue FTP Servers
      c) Rogue Proxy Servers
      d) Rogue HTTP Servers
      e) None of the above

18. Internet’s phone book is :
      a) ISP
      b) FTP
      c) TCP
      d) DNS
      e) Gopher

19. A collection of infected computers under the control of one or more attackers is:
      a) Bolnet
      b) Botnet
      c) Spybot
      d) Intranet
      e) Web spider

20. Which country ranks at the top in Bt.Cotton cultivation (Area wise)?
      a) USA
      b) Britain
      c) Russia
      d) China
      e) India

21. According to the ILO, a worker under the following age is a child labourer:
      a) 14 years
      b) 15 years
      c) 16 years
      d) 17 years
      e) None of the above

22. The largest share (nearly 60 percent) of child labourers is found in
      a) Mining Sector
      b) Service sector
      c) Industrial sector
      d) Agricultural sector
      e) Construction and contracting sector

23. In which year, ILO establishes the International Programme on the Elimination of
      Child Labour (IPEC)?
      a) 1990
      b) 1991
      c) 1992
      d) 1994
      e) None of the above

24. Alan Isaac has recently been elected as new President of
      a) ICC
      b) WWF
      c) AITA
      d) FIFA
      e) FIDE

25. Which of the following terms is NOT associated with the game of Cricket?
      a) LBW
      b) DRS
      c) Duck
      d) Cow Corner
      e) None of above