GK & Current Affairs: August 30, 2013

1. The loan taken for purchase of essential electrical goods it is called?
[A]Consumer durable loan
[B]Proprietary loan
[C]White goods loan
[D]Consumption loan

White goods loan

2. Brigalia Bam who has recently received Mahatma Gandhi Peace Prize is from__?
[B]South Korea
[C]North Korea
[D]South Africa

South Africa
Former chairperson of South Africa’s election body Brigalia Bam has received the prestigious Mahatma Gandhi International Award for Peace and Reconciliation for her commitment to democracy.

3. Which of the followings is/are Ramsar recognised wetland sites in India?
1.Ashtamudi Wetlands
2.Bhitarnika Mangroves
3.Deepor Beel
4.Kolleru lake
Chose the correct answer from the codes given below:
[A]Only 1, 2 & 3
[B]Only 1, 3 & 4
[C]Only 2, 3 & 4
[D]1, 2, 3 & 4

1, 2, 3 & 4
All the above are Ramsar recognised wetland sites.

4. Recently (August, 2013), Reserve Bank of India has raised the ceiling for FDI in Asset Reconstruction Companies (ARC’s) from 49% to___?

RBI has increased the ceiling for FDI in asset reconstruction companies (ARC’s) from 49% to 74% subject to the condition that no sponsor may hold more than 50% of the shareholding in an ARC either by way of FDI or by routing through a foreign institutional investor (FII).

5. The Land Acquisition, Rehabilitation and Resettlement Bill 2012 is proposed to replace which one of the followings?
[A]Land Acquisition Act 1900
[B]Land Acquisition Act 1910
[C]Land Acquisition Act 1945
[D]Land Acquisition Act 1894

Land Acquisition Act 1894
The Bill, renamed as “The Right to Fair Compensation and Transparency in Land Acquisition, Rehabilitation and Resettlement Bill, 2012, will replace over the century old Land Acquisition Act, 1894, which suffers from the various shortcomings, including silence on the issue of resettlement and rehabilitation of those displace by the acquisition of land.

6. Which one of the following committees was set up to suggests the ways to improve India’s Business Climate?
[A]Deepak Parekh Committee
[B]Damodaran Committee
[C]Shyamala Gopinathan Committee
[D]Aruna Bhattacharya Committee

Damodaran Committee
A committee headed by former SEBI chairman M Damodaran was set up to suggests the ways to improve India’s Business Climate.

7. Who among the followings has won the prestigious International Children’s Peace Prize-2013?
[A]Malala Yousafzai
[B]Jasmine Hudson
[C]Swetlana Dwemchidev
[D]Irna Victoria

Malala Yousafzai
Teenage activist Malala Yousafzai has won the prestigious International Children’s Peace Prize. Pakistani 16 year old will receive the award from 2011 Nobel Peace Prize winner and women’s rights campaigner Tawakkol Karman at ceremony in the Hague on September 6.

8. Who among the followings is the head of the newly formed Tax Administration Reforms Committee?
[A]Parthasarthy Shome
[C]D Subbarao
[D]Kaushik Basu

Parthasarthy Shome
The government has set up a Tax Administration Reforms Commission under Parthasarathy Shome, advisor to finance minister. The commission includes Y G Parande and Sunita Kaila as full-time members, M Z Zusti, S S N Moorthy, M R Diwakar and S Mahalingam as part time members. The committee, which was proposed by the finance minister P Chidambaram in Budget 2013-14 seeks to review the application of tax policies reports that can be implemented to strengthen the capacity of the tax system.

9. According to a latest survey, which of the followings topped the list of most liveable city in the World?
[A]New York

According to a survey conducted by the Economist Intelligence Unit, the Australian city of Melbourne is the most liveable city in the world while conflict battered Syria’s capital Damascus is the last liveable city. The survey also lists the Karachi and Dhaka among the least liveable cities.

10. Which of the followings is/are Meteorological satellites of India?
Chose the correct answer from the codes given below:
[A]Only 1 & 2
[B]Only 2 & 3
[C]Only 1, 3 & 4
[D]1, 2, 3 & 4

Only 1, 3 & 4
Only 1, 3 & 4. INSAT-3D is an advanced weather satellite configured with an improved imaging system and atmospheric sounder. The other Indians weather satellites, KALPANA-1 and INSAT-3A, provides imaginary in visible, near infrared, shortwave infrared, water vapour and thermal infrared bands.

The above 5 questions are part of Daily Current Affairs 20 MCQs Series in GKToday Android Application. This series can be subscribed in the app only for Rs. 799/- for entire year. Download Now


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