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Description: Very Important Current News For Competitive Exams
Number of Questions: 25
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Tags: Current G.K Current Affairs Current News Business GK Constitution of India/ Politics General Awareness
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What is DFIAS?

  1. It is a kind of licence that allows duty-free imports for export production.

  2. Code numbers of operating flights

  3. The client level position limit as prescribed in the report of the RBI Sebi Standing Technical Committee.

  4. RBI's electronic funds transfer system


Correct Option: A

Which of the following airline companies are fighting for operating flights on similar code numbers?

  1. Jet Airways and Kingfisher Airlines

  2. Jet Airways and Indian Airlines

  3. Kingfisher Airlines and Indian Airlines

  4. Jet Airways and Lufthansa


Correct Option: A

Who was the highest paid corporate executive of 2007, who received just 0.23% of the company's net profit even as he took home Rs 44.02 crore?

  1. Anil Ambani

  2. Mukesh Ambani

  3. Ratan Tata

  4. Rama Prasad Goenka


Correct Option: B

Which of the following state governments announced the extension of reservation in higher education to economically backward students among the forward castes?

  1. Uttar Pradesh

  2. West Bengal

  3. Kerala

  4. Andhra Pradesh


Correct Option: C

Who is the Chairman of “Jet Airways”?

  1. Naresh Goyal

  2. Ratan Tata

  3. Mukesh Ambani

  4. Vijay Mallya


Correct Option: A

India launched which of the following satellites in September 2007?

  1. EDUSAT

  2. INSAT-4CR

  3. CROSAT-IIB

  4. METSAT


Correct Option: B

Who is the President of Mahindra & Mahindra's automotive sector, India's top utility vehicle maker (2011)?

  1. Pawan Goenka

  2. Naresh Goyal

  3. Ratan Tata

  4. Anil Ambani


Correct Option: A

Which of the following is the aviation regulator in India?

  1. Directorate General Of Civil Aviation

  2. DGQA

  3. DGOF

  4. Air India


Correct Option: A

Who was the CEO of “Future Capital”?

  1. Sameer Sain

  2. Shikha Sharma

  3. Stephen Gerlich

  4. Kavery Maran


Correct Option: A

AK Chanda was the chairman of which of the following bodies in 2008?

  1. Kolkata Port Trust

  2. Indian Ports Association (IPA)

  3. Madras Port Trust

  4. Kolkata Municipal Corporation


Correct Option: B

Formula One Management, renewed for another five years, a telecast deal with ________ , giving them exclusive broadcasting rights of the FIA Formula One World Championship across multiple platforms in 24 Asian markets.

  1. DD Sports

  2. ESPN and STAR Sports

  3. Ten Sports

  4. Sony Set Max


Correct Option: B

'Open Market Operation ' is a part of

  1. credit policy

  2. labour policy

  3. fiscal policy

  4. income policy


Correct Option: A

The price for crude oil produced by the Organisation of Petroleum Exporting Countries (OPEC) is expressed on “One barrel”. How may litres make one barrel?

  1. 160 litres

  2. 161 litres

  3. 158 litres

  4. 159 litres


Correct Option: D

In which of the following years the foundation stone of the Koldam hydel power plant laid?

  1. 2000

  2. 2001

  3. 2002

  4. 2003


Correct Option: A

Where is NTPC's 800 MW Koldam hydroelectric power plant located?

  1. Himachal Pradesh

  2. Andhra Pradesh

  3. Madhya Pradesh

  4. Chhattisgarh


Correct Option: A

The BK Chaturvedi Committee appointed by the Prime Minister deals with which of the following?

  1. Financial position of oil companies

  2. Godhra incident

  3. New divestment policy

  4. Railway safety


Correct Option: A

The National Mineral Development Corporation (NMDC) has signed a MoU with which of the following state Govts. to set up a steel plant with an annual capacity of 3 million tone?

  1. West Bengal

  2. Andhra Pradesh

  3. Madhya Pradesh

  4. Chhattisgarh


Correct Option: D

For which of the following reasons, the Central Government did think of limiting distribution of subsidised cooking gas (LPG) to 6-8 cylinders per consumer per year?

  1. To ensure supply of the clean fuel to rural kitchens

  2. To ensure supply of the clean fuel to urban kitchens

  3. To reduce the subsidy on LPG

  4. Non-availability of sufficient stock of LPG in the market


Correct Option: A

In 2008, which of the following banks entered into a MoU with MITCON Consultancy Services Limited (MITCON) for co-operation in the area of carbon credit financing?

  1. Punjab National Bank

  2. SBI

  3. UCO Bank

  4. Allahabad Bank


Correct Option: A

The government entrusted all disinvestment-related merchant banking assignments to PSBs in a bid to enable them to get more exposure in this field. Which of the following Public Sector Banks (PSBs) would get preference over private firms in handling merchant banking activities for government companies?

  1. State Bank of India

  2. Punjab National Bank

  3. Canara Bank

  4. All of these


Correct Option: D

Concerned over the growing congestion at major ports, the Planning Commission has drawn Rs 60,000 crore plan to more than double their cargo handling capacity to 1,000 million metric tonne (mmt) by

  1. 2011-12

  2. 2010 -11

  3. 2009 -10

  4. 2014 -15


Correct Option: A

After suspending work at which of the following plants, Tata Motors decided to manufacture its first batch of 1,000 Nanos from its Pantnagar plant?

  1. Singur

  2. Lucknow

  3. Gaziabad

  4. Salbani


Correct Option: A

As on 2011, the 27 government banks, including the SBI, control around _____ of the banking business in the country.

  1. 25%

  2. 70%

  3. 85%

  4. 75%


Correct Option: B

What is the full form of “NEFT” in banking terms?

  1. National Electronic Funds Transfer

  2. National Electronic Flow Transfer

  3. New Electronic Funds Transfer

  4. New Electronic Fundflow Transfer


Correct Option: A

What is the full form of “CBS” in banking terms?

  1. Core Banking Scheme

  2. Core Banking Solutions

  3. Central Banking Scheme

  4. Core Bank Scheme


Correct Option: B
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