Daily Practice Quiz – 25 January 2014
|8591||Which among the following was the First Revolutionary organization of Bengal?|
|A) Hindustan Socialist Party|
|B) Anushilan Samiti|
|C) India House|
|D) Jugantar Party|
|8592||Who among the following was the immediate cause of Quit India Movement?|
|A) Withdrawal of British from South East Asia|
|B) Failure of Cripps Mission|
|C) Failure of August Offer|
|D) Arrest of Mahatma Gandhi|
1. Prime Minister Narendra Modi launched the ‘Beti Bachao-Beti Padhao’ scheme at Panipat in Haryana this week. The scheme aims to address gender imbalance and discrimination against the girl child across the nation. He begged the people to save the lives of the girl child and also administered them an oath to fight female foeticide, celebrate the birth of a girl and educate them.
2. The National Girl Child Day is observed today (24th January) across the nation. PM tweeted “On National Girl Child Day, I salute the unparalleled accomplishments of the girl child. Their role in nation building is paramount.”
The government has been celebrating the National Girl Child Day on 24th January every year since 2008 across India to raise awareness and importance of the girl child to the society.
3. India observed the 118th birth anniversary of Netaji Subhash Chandra Bose yesterday (23rd January). Some functions held at different locations to pay tribute to him. PM Modi took to his official Twitter account to express his gratitude to the phenomenal freedom fighter.
4. The Supreme Court announced its much-awaited verdict on IPL Spot fixing and former BCCI chief N Srinivasan’s conflict of interest case on 22nd January. The apex Court gave verdict that N Srinivasan can’t contest BCCI polls till he gives up commercial interest in CSK. The Supreme Court also said that No BCCI administrator can have commercial interests.
The court-appointed Justice Mukul Mudgal Committee had also found Srinivasan’s son-in-law Gurunath Meiyappan guilty of IPL spot fixing during IPL 2013 despite being a CSK team official.
5. Indian American author Jhumpa Lahiri has been awarded with the prestigious DSC Prize for Literature for her book “The Lowland”. DSC Prize is considered among South Asia’s top literary awards with a prize value of USD 50,000. Pulitzer Prize-winning poet Vijay Shesadri awarded this prize to Jhumpa Lahiri.
The Prize celebrates writing on the South Asian region from writers across the globe and is given to the best novel or translations into English of a work on or about the region. The book “The Lowland” is set in both New England and the eastern state of West Bengal during the late 1960s when the Naxalite movement began.
6. India’s largest bank, State Bank of India has signed a loan agreement for 100 million euro with European Investment Bank for lending to private businesses in the country. As per the agreement, the loan will be utilized to support the development of private sector, in particular small and medium-sized enterprises, social and economic infrastructure as well as climate change mitigation and adaptation in the country.
7. Sunil Sood has been appointed as the new Managing Director and Chief Executive Officer of Vodafone India. He is currently the chief operating officer of Vodafone India. He will succeed Martin Pieters who will be stepping down from his post with effect from 1st April, 2015.
8. India’s foreign exchange (forex) reserves jumped by USD 2.660 billion to all time high USD 322.135 billion in the week ended 16th January, as per weekly report published by the RBI. Strong FII inflows to Indian capital market and reduction in import bill due to drop in Crude oil are the main reasons for record high forex reserves.
The jump was mainly due to decrease in foreign currency assets which was increased by USD 2.685 billion to USD 297.53 billion in the same week. However Special Drawing Rights and India’s reserve position in the International Monetary Fund (IMF) were dropped by USD 19.3 million and USD 5.3 million respectively in the same week. Gold Reserves remained unchanged at USD 19.377 billion in the same week.
1. Pakistan has banned the Jamaat-ud Dawa (JuD) and the Haqqani network this week nearly one month after the deadly terror attack at an army school in Peshawar. On Insistence from the USA, the Pakistani government took action against the militant organisations without making a difference between the good Terrorist and the bad Terrorist.
The Haqqani Network was responsible for some of the most heinous attacks on the US-led NATO forces in Afghanistan and it was termed as a terrorist organisation by the US in 2012. The Pakistan Governmetn has also banned Harkat-ul-Jihad Islami, Harkat-ul-Mujahideen, Falah-i-Insaniat Foundation, Ummah Tameer-i-Nau, Haji Khairullah Hajji Sattar Money Exchange, Rahat Limited, Roshan Money Exchange, Al Akhtar Trust, Al Rashid Trust.
2. Saudi Arabia’s King Abdullah, the current ruler of United Kingdom of Saudi Arabia passed away on 22nd January. He was 90. His brothers, Prince Salman bin Abdulaziz became king and Prince Muqrin was declared Crown Prince.
He was credited to take some modern steps in Saudi Arabia including improving ties with the USA and UK. He also gave women the right to vote and to compete in the Olympics.
3. South Korean President Park Geun-hye has nominated ruling party lawmaker Lee Wan Koo as the new Prime Minister of South Korea. He will replace current Prime Minister Chung Hong-won. Chung offered to resign nearly 10 months before, over a ferry disaster that killed more than 300 people in April 2014.
Daily Practice Quiz – 24 January 2014
|8586||Core Banking implies all but one of the following?|
|A) Anywhere banking|
|B) Everywhere access|
|C) Technology upgradation|
|D) Adoption of basel norms|
|8587||Which among the following missiles of India has capability of attacking surface targets by flying as low as 10 metres in altitude?|
|A) Agni IV Prime|
1. Rajasthan Chief Minister Vasundhara Raje inaugurated the eighth Jaipur literature festival in Jaipur today in which many poets, authors and historians are expected to participate. While inaugurating the same, Chief Minister Vasundhara Raje said that more literary and music festivals will be organized at in the state in coming months.
2. Famous economist Bibek Debroy assumed charge as full time member of the NITI Aayog (National Institution for Transforming India) today. The Government had appointed Debroy and DRDO chief VK Saraswat as full-time members of the new NITI Aayog earlier this month. He is also currently heading the committee to suggest ways to restructure the railway board.
3. Indian CEOs are the second most optimistic in the world in terms of their companies’ growth prospects and hiring plans in next 12 months, as per a survey report conducted by PwC. The annual CEO survey of global consultancy PwC was released at the 45th WEF Annual Meeting 2015 which started in Davos, Switzerland today.
Nearly 62% of CEOs said that they are very confident about their company’s growth in the next one year, which is 13% higher compared to last year data. Also nearly 84% of Indian CEOs believe there are more growth opportunities for their company now compared to three years ago which is also the highest percentage in the world.
4. Singapore’s sovereign wealth fund GIC has announced that it would invest nearly USD 165.5 million in India’s Bandhan Financial Services, which has recently got approval to open new bank from RBI last year.
The company will get a total equity investment of 16 billion rupees, including 5.8 billion rupees from existing investor IFC. Post this deal, IFC, part of the World Bank Group, owns 10.8% of Bandhan and its stake will increase after the latest investment.
5. India’s largest IT services company has now become the largest profitable private company of India, replacing Reliance Industries as per latest quarterly results published by these two companies. With this, It ends Reliance’s position as largest profitable company after 23 years.
Tata Consultancy Services (TCS) posted a net profit of Rs 5,328 crore for the quarter ended December, compared to Rs 5,256 crore profit posted by Reliance Industries in the same quarter. Also it’s the first time that an IT company has topped the profit charts in the history of Indian business.
Daily Practice Quiz – 20 January 2014
|8581||Normally, under the Election Commission’s norms, how far can a polling station be from your house?|
|A) 1 km|
|B) 2 km|
|C) 3 km|
|D) 4 km|
|8582||Economic growth is normally coupled with?|
|B) Hyper Inflation|
1. Bhartiya Janata Party (BJP) has named newly joined and first woman IPS Kiran Bedi as its Chief Ministerial candidate for the Delhi Assembly elections to be held on 7th February. She will contest from the Krishna Nagar seat in East Delhi.
This will make Delhi assembly election more interesting as two former anti-corruption campaigners will compete with each other for the Chief Minister Post in Delhi. Earlier both Kiran Bedi and Arvind Kejriwal fought together along with Anna Hazare for the Lokpal bill during previous UPA regime.
2. Axis Bank board reappointed Shikha Sharma as the bank’s managing director and chief executive officer (MD and CEO) for a three-year period today. She had joined the bank in 2009 from ICICI Bank and is set to complete a second three year term in May.
3. Indian Tier-II IT Services Company, Mindtree has announced the acquisition of US-based Discoverture Solutions for USD 15 million during its quarterly result announcement today. This acquisition will help Mindtree to expand its presence in Insurance sector.
1. China’s economic growth dropped to 7.4% in 2014 compared to 7.7% in previous year of 2013. This is also its slowest growth in last 24 years. Also the growth missed the annual growth target of 7.5% for the first time in last 15 years. Chinese economy grew by 7.3% in the last quarter (October-December) of the previous year.
2. The International Monetary Fund (IMF) has lowered global economic growth forecast for the current and next year. It has reduced global economic growth projection to 3.5% for 2015 from earlier projection of 3.8%. It has also reduced GDP growth projection for 2016 at 3.7%.
3. Microblogging site Twitter announced its first acquisition in India as it plans to acquire Indian mobile phone marketing start-up ZipDial for nearly USD 30 million. This acquisition will help Twitter to expand its presence in India, world’s second-biggest mobile market.
Bengaluru-based ZipDial gives clients phone numbers for use in marketing campaigns. The start-up’s clients include IBM, KFC and Gillette etc.
Daily Practice Quiz – 20 January 2014
|8576||Which among the following country accounts for maximum Nobel Laureates in Literature?|
|8577||Who among the following is the first Indian sports woman to win a medal in World Athletics is?|
|A) P T Usha|
|B) Anjali Bhagwat|
|C) Karnam Malleshwari|
|D) Anju B. George|
1. Filmmaker Pahlaj Nihalani has been appointed as the new chief of Central Board of Film Certification, CBFC by the Central Government. The government also reconstituted the board by appointing new nine members including film Director Dr. Chandra Prakash Dwivedi, film maker Ashok Pandit and BJP leader Vani Tripathi Tikoo.
Earlier the entire board members including the chairperson Leela Samson had resigned from CBFC accusing pressure and interference by the Information and Broadcasting Ministry in the CBFC affairs. They were unhappy after Film Certification Appellate Tribunal cleared the controversial film Messenger of God which the Censor Board had earlier denied to clear the controversial film.
2. Famous Mathematician and Fields medalist Manjul Bhargava has been chosen as the face and to lead Prime Minister Narendra Modi’s pet education project to rope in eminent scholars and scientists staying abroad to teach students at IITs and central universities. He is the first person of Indian origin to win the coveted international prize, Fields medal, for his pioneering work in mathematics.
Bhargava agreed to ‘recruit’ scientists in the USA and across the world to participate in the Global Initiative of Academic network (GIAN), a short-term teaching programme under which scholars abroad will be invited to teach in India.
3. Famous Indian-American entrepreneur and philanthropist, Frank Islam, has been awarded with the prestigious Martin Luther King Jr Award in recognition of his contribution in international service and civil engagement. He was given the annual award by the president of the Memorial Foundation, Harry Johnson yesterday.
4. Microblogging site Twitter has appointed Taranjeet Singh as business head for its India operation. As head of Indian operation, he will be responsible to increase commercial opportunities for Twitter and will work closely with different brands and agencies to maximize its presence within India. Earlier, he worked as sales director of South Asia for BBC Advertising.
5. The Company Secretaries’ Institute has appointed Atul Hasmukh Rai Mehta as the new President for 2015. He was elected by the new central council of the institute at its meeting held today. It has also elected Mamta Binani as Vice-President of the Institute of Company Secretaries of India (ICSI) for 2015.
6. India’s largest private sector bank, ICICI Bank has announced the launch of banking services on Twitter, first by a bank in India. This application named as ‘icicibankpay’, enables ICICI Bank customers to transfer money to anyone in the country who has a Twitter account, check account balance, view last three transactions and recharge prepaid mobile.
Any ICICI Bank savings account customer, who has a mobile number registered with the bank and has a Twitter account, can access the facilities of ‘icicibankpay’. The customer can send money to anyone in India even if the recipient does not have an ICICI Bank savings account.