GK & Current Affairs: April 7, 8, 2015

1. INS Kalvari, which has been commissioned by Indian Navy recently, is a ____?
[A]Scorpene-class submarine
[B]Aircraft carrier
[C]Survey ship
[D]Amphibious assault ship
Answer: Scorpene-class submarine
INS Kalvari is Indian Navy’s first Scorpene submarine under Project 75. Diesel-electric powered Scorpene submarine was commissioned at the Mazagon Dock Limited (MDL).
2. Up to what limit, the small entrepreneurs can get credit from the MUDRA Bank?
Answer: Ten
Prime Minister Narendra Modi launched Micro Units Development Refinance Agency (MUDRA) with a corpus of Rs 20,000 crore, and credit guarantee corpus of Rs 3,000 crore. It has been launched under Pradhan Mantri Mudra Yojana. The bank will provide credit of up to Rs 10 lakh to small entrepreneurs and act as a regulator for ‘Micro-Finance Institutions’ (MFIs).
3. Who is the chairman of the committee constituted to work out single framework for government clearance?
[A]Manoj Kohli
[B]Chandrajeet Banerji
[C]Ajay Shankar
[D]Navin Patnaik
Answer: Ajay Shankar
The government has constituted a committee under the chairmanship of Ajay Shankar to review and recommend on single framework for government clearance. The 11-member committee will study the requirement of various prior permissions after preparing an exhaustive inventory of such clearances. It will also recommend a framework of the proposed regulatory mechanism.
4. How many pollutants are measured under the recently launched National Air Quality Index?
Answer: Eight
Union government has launched the National Air Quality Index (AQI) for monitoring the quality of air in major urban centres across the country on a real-time basis and enhancing public awareness for taking mitigative action. The AQI has been at present launched for 10 cities — Delhi, Agra, Kanpur, Lucknow, Varanasi, Faridabad, Ahmadabad, Chennai, Bangalore and Hyderabad. The index considers eight pollutants — PM10, PM2.5, NO2, SO2, CO, O3, NH3 and Pb). The likely health implications of the six categories would also be provided with a colour code. Reference
5. Which is the first state in the country to make faster clearance of business proposal a statutory status?
Answer: Telangana
Telangana is the first state in the country to make faster clearances a statutory right. Under its new industrial policy the state Assembly adopted the Right to Single-Window Clearance on the lines of Right to Information. The Project 75 of Indian navy involves construction of six Scorpene submarines in partnership with which country?
Answer: France
Under Project 75 India will construct 6 next generation diesel submarines with Air Independent Propulsion System (AIP) technology for the Indian Navy by 2022. The project is undertaken in partnership with French DCNS.
6. As per the latest data by RBI, which bank has highest non-performing assets (NPAs) among PSU banks?
[A]Union Bank of India
[B]Central Bank of India
[C]United Bank of India
[D]Punjab National Bank
Answer: Central Bank of India
As per the RBI latest report, Central Bank of India has topped the list of public sector banks (PSBs) with the largest bad loans, including restructured assets as a percentage of total advances. Central Bank of India’s 21.5 per cent assets are either bad or have been restructured to save these turning into non-performing assets (NPAs). The other banks which have significant amount of gross NPAs and restructured loans are United Bank of India (19.04 per cent), Punjab & Sind Bank (18.25 per cent) and Punjab National Bank with 17.85 per cent as on December 2014.
7. Union government will re-introduce Technology Upgradation Fund Scheme (TUFS) to promote ___?
[A]Textile Industries
[C]Large Scale Industries
[D]Skill Development
Answer: Textile Industries
Technology Upgradation Fund Scheme (TUFS) was first introduced in 1999 to catalyse investments in the textile and jute industry, with five percent interest reimbursement. The scheme was initially approved from April 1999 to March 2004, extended to 2007 with modification and further restructured with effect from April 2011, to March 2012. Now government is planning to reintroduce the TUFS for at least 10 years, in the new textile policy.
8. Which country has been ranked top in the recently released Social Progress Index?
Answer: Norway
Norway has been ranked top out of 133 countries in the list of Social Progress Index. Norway has been ranked top out of 133 countries in the list of Social Progress Index. The top three countries in the world on Social Progress are Norway, Sweden and Switzerland.
9. Jayakanthan, who passed away recently, was a famous writer in which language?
Answer: Tamil
Jayakanthan was a legendary Tamil writer. He was a prolific writer of novels and short stories. Jayakanthan has written around 40 novels and 200 short stories and used his pen effectively against social injustices and economic inequality. Jayakanthan was awarded Jnanpith award in 2002. He has also received various other awards, including Soviet Land Nehru Award, Raja Rajan Award and Tamil Nadu Government award. He was also a fellow of Sahitya Akademi.
10. Who has been appointed as new Chief Election Commissioner of India?
[A]Nasim Zaidi
[B]Sayed Nazim
[C]H Hari Shankar
[D]V S Chikkamata
Answer: Nasim Zaidi
Dr Nasim Zaidi has been appointed a next Chief Election Commissioner of India. He will assume the charge of the office from April 19, after the incumbent H S Brahma will retire on April 18.

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